- Addressing queries regarding Pi Network, notably the absence of a withdrawal method, rendering mining efforts futile.
### Bullish Start, Drastic Decline
- Pi Network's journey from a promising start, with a value of $34+, to a significant decrease, potentially as low as $0.6, signifies a drastic downturn.
### Cautionary Tale
- Advising against continued mining efforts, emphasizing the lack of tangible rewards and the futility of chasing after unattainable gains.
### Reality Check
- The plummet in Pi Network's value serves as a stark reminder to individuals seeking quick and easy rewards, highlighting the risks involved in such ventures.
### Conclusion
- A blunt assessment of Pi Network's trajectory serves as a cautionary tale against blindly pursuing opportunities without considering the underlying risks and feasibility.
- Contrary to popular speculation, the bull run is unlikely to occur within the next two weeks, a prediction I stand behind with 100% certainty.
### Anticipated Price Movement
- Expectations point towards a potential drop in Bitcoin ($BTC ) value, with projections indicating it may fall below $62,000 before June.
### Bull Run Timing
- Foreseeing the bull run to commence post the anticipated dip, with August or September being the likely starting points based on previous experiences.
### Duration Projection
- Envisioning the bull run to extend until around April 2025, based on past halvings and market behaviors.
### Past Experiences
- Drawing insights from personal experience involving two previous halvings and corresponding bull runs, I'm confident in these predictions.
### Conclusion
- Whether believed or not, these opinions are offered based on observations and historical patterns, providing insight into potential market movements.
## Bitcoin's Upward Trend and Potential Price Targets
Bitcoin is currently on an upward trend, with charts suggesting a possible surge to $71,000 within the next two days. If this target is achieved, further gains between $73,000 and $78,000 could be in store.
## Anticipating Pre-Halving Volatility
However, caution is advised as historical patterns indicate a potential dump of 4 to 7 days before the halving of BTC. This dump, ranging from 5% to 23%, is a recurring phenomenon observed prior to previous halving events.
## Reflecting on Historical Pre-Halving Dumps
### 28 November, 2012 (1st Halving)
During the first halving event on 28th November 2012, Bitcoin experienced a 5% dump between 24th to 28th November.
### 9th July, 2016 (2nd Halving)
Similarly, preceding the second halving on 9th July 2016, Bitcoin witnessed a 14% dump from 3rd to 9th July.
### 11th May, 2020 (3rd Halving)
The most recent halving on 11th May 2020 saw a significant 23% dump occurring between 8th to 11th May.
## Speculations and Community Engagement
With these historical precedents in mind, the community is buzzing with discussions and speculations regarding Bitcoin's price movements and the likelihood of history repeating itself. Share your thoughts and join the conversation!
: Dogecoin Developer Provides Clarity Amidst Grok AI Speculation**
**1. Grok AI Sparks Speculation on Dogecoin's Future:** Recent statements from the Grok AI regarding RadioDoge project stir excitement within the Dogecoin community, hinting at innovative developments to expand Dogecoin's reach.
**2. Elon Musk's Influence Amplifies Attention:** Elon Musk's involvement with Dogecoin elevates the significance of Grok AI's pronouncements, contributing to widespread interest and speculation.
**3. Dogecoin Core Developer Steps In to Clarify:** In response to the speculative fervor, Dogecoin core developer Michi Lumin offers essential clarification on the Grok AI's assertions, highlighting discrepancies and emphasizing the importance of credible sources.
**4. Dissecting Grok AI's Claims:** Lumin underscores the inaccuracies in Grok AI's depiction of RadioDoge, cautioning against reliance on AI-generated content for factual information.
**5. Unveiling RadioDoge's True Focus:** Contrary to Grok AI's portrayal, RadioDoge primarily focuses on utilizing radio technology in conjunction with the Starlink satellite network to enhance Dogecoin accessibility, especially in remote areas lacking traditional internet infrastructure.
**Conclusion: Rely on Verified Sources for Accurate Information:** Lumin's intervention underscores the necessity of seeking information from credible sources, particularly in a space characterized by speculation and hype.
**Call to Action: Stay Informed, Verify Sources:** Amidst the ongoing evolution of Dogecoin and its ecosystem, stay informed and rely on verified sources for accurate updates and insights. #Memecoins
Learn from Experience: Insights for Long-Term Success in Trading**
**1. Recognize Trading as a Strategic Pursuit, Not Gambling:** Many equate trading with gambling, but it's a strategic game involving analysis, statistics, and risk management, distinct from mere chance.
**2. Embrace Trading as a Business Venture:** Trading involves expenses, losses, taxes, and stress akin to running a business. Traders must adopt a business mindset to optimize their potential.
**3. Attain Independence through Trading:** Trading offers unparalleled autonomy, freeing traders from dependence on others. Success or failure rests solely on the individual's decisions and actions.
**4. Navigate Past the Noise:** Avoid being swayed by social media hype around certain cryptocurrencies. Focus on chart analysis and disregard distractions to make informed decisions.
**5. Prioritize Financial Prudence:** Only risk what you can afford to lose in trading. Separate trading capital from essential funds like tuition fees or mortgage payments to safeguard financial well-being.
**Closing Reminder: Act Now for Success:** Reflect on your journey and seize the opportunity to capitalize on the current market cycle. Take decisive action to avoid regret and embrace potential wealth.
**Call to Action: Join the Journey:** Follow for timely updates and insights to navigate the ongoing bull run. Don't miss out on the chance to capitalize on market opportunities. #BullRun
🚀💰 Get Ready to Rocket with These 10 Cryptocurrencies Before the Bitcoin Halving in April 2024! 💰🚀
1. **FLOKI🐶** - Potential Price: $0.00425 - With a loyal community and dedicated team, Floki could soar past $0.005!
2. **BNB 💼** - Potential Price: $3,729.00 - BNB offers ample opportunities to earn new cryptocurrencies through projects like Launchpools.
3. **REEF 🌊** - Potential Price: $0.122 - Reef Finance simplifies DeFi with its user-friendly platform, integrating the best features from various DeFi networks.
4. **ARKM 🧠** - Potential Price: $84.46 - Arkham Intelligence leverages AI to process on-chain data, with ARKM tokens used for data trading on the Intel Exchange.
5. **SEI 💹** - Potential Price: $43.59 - SEI specializes in Layer-1 blockchain for trading, optimizing every layer for diverse trading applications.
6. **ALT 🔄** - Potential Price: $39.78 - Altlayer offers an open and decentralized protocol for rollups, ensuring security and interoperability.
7. **PIXEL🎮** - Potential Price: $118.95 - Pixel brings excitement with its Web3 game on the Ronin network, featuring NFT minting and guild participation.
8. **AEVO 🔄** - Potential Price: $245.89 - Aevo focuses on decentralized derivatives exchange, specializing in options and perpetual contracts.
9. **PORTAL🌐** - Potential Price: $298.49 - Portal offers a self-hosted Layer-2 wallet and exchange for fast, secure, and private atom swaps between Bitcoin and other assets.
10. **CyberConnect 🌐** - Potential Price: $3,714.67 - CyberConnect is a Web3 social network empowering developers to create social applications, with CYBER tokens used for governance and payments.
These potential prices are based on successful projects and their market caps. Stay tuned to market developments for informed investment decisions! 📈💰
If you still don't understand the concept of Bitcoin Halving (or maybe you are new), kindly check this out!
**What is Bitcoin Halving?**
First, what is Halving and how might it double Bitcoin’s price? Companies are buying Bitcoin, but why? Isn’t there a dip coming? Well, let’s reveal the mystery.
**Demystifying Halving**
Halving means a reduction by half. No, don’t worry! The bitcoins in your wallet won’t get halved. Bitcoin has a function that keeps reducing the mining rewards by half after a specific number of blocks (of transactions).
**The Bitcoin Cycle Unveiled**
Let’s learn how “The Bitcoin Cycle” works. When you're sending your Bitcoin to buy your favorite NFT, you just enter the receiver wallet address and then forget and start scrolling Facebook. You don’t know what's happening behind the scene. You check after a while and still see the NFT marketplace is waiting for 3 confirmations. Then you search for Blockchain Explorer, enter the wallet address or transaction ID, and find that only 2 confirmations are made.
**The Role of Miners**
Who is making the confirmation? Who is behind the whole Bitcoin system? Hey dude, there is no central server. There are thousands of dudes like you and me who are buying graphics cards and powerful CPUs, but not for gaming like you, but for mining. No, I’m not talking about Minecraft. They're mining Bitcoin! There are thousands of miners, who set up thousands of server computers to mine Bitcoin. They calculate transactions and blocks, providing safety and stability to the blockchain of Bitcoin. Obviously, their mom and dad aren’t happy, but why should they care? They're greeting fresh Bitcoins in their wallet as rewards.
**The Future of Bitcoin**
Even you shouldn't care if you can now make money by posting on Square. You know Square announced a challenge called #HotTrends recently where you can post content-specific topics to earn a few bucks? Well, just search for it. #Write2Earn
The price of Dogecoin (DOGE) has retraced from its recent high of $0.22960, but it seems that the memecoin is not quite finished as it has rebounded and is heading back toward its current high.
**Dogecoin's Popularity Among Crypto Investors**
Among the various memecoins, Dogecoin has won over a lot of crypto investors. A vibrant and supportive community has been crucial to Dogecoin's development so far, much like Shiba Inu and Pepecoin (PEPE).
** Recent Price Movement and Momentum**
With a gain of more than 5% in the last day, the price of #DOGE was trading at about $0.19713 as of this writing. In addition, there is a great deal of positive momentum in the 4-hour period, and the price is now trading above the 100-day moving average.
**: Technical Analysis Indicators**
On a 4-hour timescale, the MACD indicator points to a rising spike. The reason for this is that the MACD line and the MACD signal, which were both going below zero, have crossed and are now traveling in the direction of the zero line.
With the RSI signal line crossing above the 50% level and going into the overbought zone, the 4-hour period of the Relative Strength Index (RSI) likewise shows positive momentum toward the upward direction. Buyer activity in the market is still high, as seen by the RSI indicator, which means that the upward momentum is still quite strong.
** Price Levels and Potential Scenarios**
In light of the price's prior increase, a significant support level was established at $0.19622, a large resistance level at $0.22960, and a key intermediate level at $0.2244. There is potential for DOGE price to continue its ascent toward the $0.22960 level of resistance if it breaks through the $0.22441 level of resistance.
For those considering meme coins to sell, the trio exemplifies the challenges of hype over substance in crypto investments.
### Assessing Market Risks: SHIB, DOGE, and PEPE
Assessing meme coins to sell: SHIB’s lack of updates, DOGE’s satire roots, and PEPE’s speculative nature underline market risks.
### Shiba Inu (SHIB-USD): A Risky Speculative Investment
Despite a significant market capitalization, SHIB’s lack of utility and reliance on social media hype rather than tangible development or adoption milestones makes it a risky speculative investment.
While DOGE has enjoyed moments of popularity, especially with Elon Musk’s endorsements, its origin as a joke and lack of serious utility beyond meme status limit its investment appeal.
### Pepe (PEPE-USD): Speculative Trading and Social Media Trends
Prone to extreme volatility and lacking solid fundamentals, Pepe Coin’s investment case rests solely on speculative trading and social media trends, overshadowed by concerns like insider trading.
### Engagement and Support
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Nobody listened to me when I told them to buy $KAS at $0.0007… NOBODY.
### Ignoring the Doubters: Past Success Stories
The same thing happened when I advised buying $MATIC at $0.01 before the last bull run in 2020, or when I bought $SOL at $3. They said it was a bad investment and too speculative.
### Don't Follow the Crowd: Normies and Sh*tcoins
Moral of the story: don’t listen to normies. They don’t have a clue what they’re talking about & they ape shitcoins on Solana and lose all their money.
### The Next Big Thing: $SPCT (Spectra)
Right now, I’m accumulating as much $SPCT (Spectra) as I possibly can. Why? Because this is a #bitcoin layer 2 blockchain and the $BTC halving is in 2 weeks.
### Brace Yourself: Opportunities Ahead
Guess what’s about to happen? Hint: 🚀 You see what I’m trying to say? It’s as simple as that.
### Everything is Speculative: Crypto Wisdom
Everything in #crypto is speculative, EVERYTHING, even Bitcoin. But if you play your cards right, you have a hedge.
🚀 **HODL $DOGE , $SHIB and $PEPE for Long-Term Growth!**
**Why Hold These Cryptocurrencies?**
Holding onto cryptocurrencies like DOGE, SHIB, and PEPE for an extended period, approximately two years or more, could potentially yield significant benefits.
**DOGE (Dogecoin)**
- From meme coin to mainstream recognition, DOGE's passionate community and increasing adoption make it a promising long-term investment. - Ongoing developments and celebrity endorsements may continue to drive DOGE's growth trajectory.
**SHIB (Shiba Inu)**
- SHIB's popularity as a meme-inspired cryptocurrency, coupled with its decentralized ecosystem and community support, suggest long-term viability. - Traders and investors are drawn to SHIB for its high-risk, high-reward potential.
**PEPE (PepeCoin)**
- With unique branding and community-driven initiatives, PEPE has carved a niche following in the cryptocurrency space. - Continued community engagement and partnerships could propel PEPE's growth over the long term.
**Key Considerations**
While investing in these cryptocurrencies for the long term can be rewarding, it's essential to consider potential risks and market volatility. Conducting thorough research (DYOR), diversifying your portfolio, and staying informed about market trends are crucial for successful long-term investment strategies.
**Capitalizing on Growth Potential**
By hodling DOGE, SHIB, and PEPE for an extended period, investors may have the opportunity to capitalize on their growth potential and benefit from the evolving cryptocurrency landscape.
Nakamoto said that the work of writing Bitcoin's code began in the second quarter of 2007. On 18 August 2008, he or a colleague registered the domain name bitcoin.org and created a website at that address.
**Publication of the White Paper**
On 31 October, Nakamoto published a white paper on the cryptography mailing list at metzdowd.com describing a digital cryptocurrency, titled "Bitcoin: A Peer-to-Peer Electronic Cash System".
**Software Release and Network Launch**
On 9 January 2009, Nakamoto released version 0.1 of the Bitcoin software on SourceForge and launched the network by defining the genesis block of bitcoin (block number 0), which had a reward of 50 bitcoins.
**The Genesis Block and Its Significance**
Embedded in the coinbase transaction of this block is the text: "The Times 03/Jan/2009 Chancellor on brink of second bailout for banks", citing a headline in the UK newspaper The Times published on that date. This note has been interpreted as both a timestamp and a derisive comment on the alleged instability caused by fractional-reserve banking.
I've scanned over 300 altcoins in search of gems. Here's a list of 15 coins with 10-100x potential after this halving 👇🧵
**Understanding the Halving**
The halving is an event where the reward for mining new blocks of $BTC is cut in half. Here's what you need to know about this event:
- It limits the total number of bitcoins that can be created, making them more scarce. - The halving incentivizes bitcoin mining as miners have to expend more resources to mine each bitcoin. - Historically, this leads to a pump not only in Bitcoin but also in all altcoins.
**The Most Promising Tokens**
Today I will share with you a list of the most promising tokens in my opinion. For convenience, I have divided them into categories:
🚫 **STOP LISTENING TO GURUS OR LOSE ALL YOUR MONEY! 🚫**
**Gurus Aren't Your Friends**
Gurus aren't there to help you, they're there to build reputation and prestige. Stop thinking they give two sh*ts if you make any money or not.
🐍 **Beware of Clout-Chasing Crypto Gurus**
Let me give you an example of one of the biggest clout-chasing crypto gurus: Robert Kiyosaki. Every bear run he says the crypto bubble is about to burst, every bull run he says Bitcoin is an amazing investment.
⛔ **Playing Both Sides: The Deception of Robert Kiyosaki**
This dude is playing on both teams, depending on which one is currently winning, just to be able to say "You see? I was right! You should've listened to me" and gain more followers that'll buy his books.
**Snake in the Grass**
He's a snake in the grass but that's not the only walking red flag in crypto. I've seen many influencers turn their backs on crypto when the market crashed, just to praise it as the holy grail once the market recovered.
💎 **Form Your Own Opinion**
What I'm trying to say is, what someone once told me: Your opinion should belong to you, nobody should give it or take it from you. Form your own opinion and don't get influenced by others.
🔍 **Stay Informed, Stay Safe**
Check the pics below to see what I'm talking about, stay safe, and drop a follow for more advice by Professor Mende.
Be careful, the cycle of history repeats itself! Remember 2022 when $BTC plummeted from $48,200 to $16,500 in just a few weeks?
Now, in 2024, many expect the value of Bitcoin to skyrocket to $150,000, but let's learn from the past.
**Market Manipulation Awareness**
Big whales manipulate the market by using mainstream media to attract optimistic investors. When profits reach their peak, they quickly retreat and leave others in the dust.
**Protect Your Investments**
Don't fall victim to their game! Act wisely. Consider securing your funds now as the Bitcoin price hovers around 70k. History shows us that Bitcoin may not break $75,000 this year. Protect your investments, be alert!
**🚀 Bitcoin Options Expiry: What You Need to Know 🚀**
Bitcoin enthusiasts, buckle up! Around 18,000 Bitcoin options are set to expire today, April 5, with a notional value of $1.23 billion. While this may seem significant, it pales in comparison to last week's massive $15 billion end-of-quarter crypto options expiry.
**Market Insights: Recent Shaky Trends**
The market's been a bit shaky this week, with total capitalization falling 5% as $150 billion left the space. But don't let that get you down!
**Bitcoin Options Contracts Analysis**
Today's Bitcoin options contracts have a put/call ratio of 0.64, indicating about a third more call (long) contracts expiring than puts (shorts). The max pain point of today's batch is $68,000, slightly higher than current spot prices. Bulls are showing their confidence with around $900 million in open interest at the $70,000 strike price. There's also $840 million in OI at a strike price of $100,000, according to Deribit.
**Ethereum in Focus**
But let's not forget about Ethereum! Around 270,000 Ethereum contracts are due to expire. These have a put/call ratio of 0.38, a max pain point of $3,400, and a notional value of $890 million.
**Market Performance**
Crypto markets had a little boost yesterday evening, with the total cap reaching $2.67 trillion, before reversing and erasing most gains. Bitcoin hit a high of $69,000 after its mid-week dip but dropped back down to $66,500 during the Friday morning Asian session.
**Looking Ahead**
So, what's next? Only time will tell! But one thing's for sure - it's never a dull moment in the world of Bitcoin. 🎢
**🚀 Bitcoin Options Expiry: What You Need to Know 🚀**
Bitcoin enthusiasts, buckle up! Around 18,000 Bitcoin options are set to expire today, April 5, with a notional value of $1.23 billion. While this may seem significant, it pales in comparison to last week's massive $15 billion end-of-quarter crypto options expiry.
**Market Insights: Recent Shaky Trends**
The market's been a bit shaky this week, with total capitalization falling 5% as $150 billion left the space. But don't let that get you down!
**Bitcoin Options Contracts Analysis**
Today's Bitcoin options contracts have a put/call ratio of 0.64, indicating about a third more call (long) contracts expiring than puts (shorts). The max pain point of today's batch is $68,000, slightly higher than current spot prices. Bulls are showing their confidence with around $900 million in open interest at the $70,000 strike price. There's also $840 million in OI at a strike price of $100,000, according to Deribit.
**Ethereum in Focus**
But let's not forget about Ethereum! Around 270,000 Ethereum contracts are due to expire. These have a put/call ratio of 0.38, a max pain point of $3,400, and a notional value of $890 million.
**Market Performance**
Crypto markets had a little boost yesterday evening, with the total cap reaching $2.67 trillion, before reversing and erasing most gains. Bitcoin hit a high of $69,000 after its mid-week dip but dropped back down to $66,500 during the Friday morning Asian session.
**Looking Ahead**
So, what's next? Only time will tell! But one thing's for sure - it's never a dull moment in the world of Bitcoin. 🎢
**🚨Dogecoin to Moon? Analyst Sees 5,900% Surge for DOGE Price Soon🤑**
Renowned crypto analyst Ali Martinez predicts a potential bull run for Dogecoin (DOGE), comparing it to a historical price surge in 2021. Despite recent market downturns, meme coins like DOGE remain in the spotlight.
**Analyst Insights: Potential Bull Run**
Analyst Ali Martinez predicts a potential bull run for Dogecoin, citing historical price surges in 2021. Martinez’s analysis offers a new perspective on what’s next for Dogecoin amidst market turbulence.
**Market Dynamics: Recent Downturns**
While the crypto markets experienced a downturn, the total market capitalization has dropped by 7% in two days to $2.62 trillion. Even Bitcoin, the big player, took a hit, dropping from $71,300 to $66,000, affecting other cryptocurrencies, with bears dominating the market.
**Key Factors: DOGE's Success Hinges on Breaking Resistance Levels**
Dogecoin's price could experience further dips before a potential upswing. The success of DOGE's potential bull run hinges on breaking through resistance levels around $0.188 and $0.206.