Dogecoin's shining moment: Tesla accepts support for purchase
✧ In the world of cryptocurrency, Dogecoin ($DOGE ) has always been known for its unique community and fascinating followers. However, just now an event has made Dogecoin the focus of global attention again.
● Elon Musk, founder and CEO of Tesla, announced that Tesla will accept Dogecoin as a means of payment, which has sparked widespread discussion and attention.
✧ Dogecoin is a cryptocurrency derived from the Internet meme "Doge" and was born in 2013. Although it was initially seen as a joke, Dogecoin has gradually won a group of loyal supporters over the past few years. Among them, Tesla CEO Elon Musk has been one of the star supporters of Dogecoin.
✧ Musk has repeatedly tweeted on social media to support Dogecoin and called it "the people's cryptocurrency." These tweets not only drove the rapid rise in the price of Dogecoin, but also attracted more attention and interest. Therefore, when Tesla announced that it would accept Dogecoin as a means of payment, it was seen as a major milestone for Dogecoin.
✧ Tesla's acceptance of Dogecoin as a means of payment not only provides more usage scenarios for Dogecoin holders, but also deepens people's understanding and trust in Dogecoin. This move is also seen as Tesla's further acceptance and recognition of cryptocurrencies, further promoting the development and growth of the cryptocurrency market.
In summary, Tesla's acceptance of Dogecoin as a means of payment marks a major breakthrough and progress for Dogecoin. This not only provides a new opportunity for the popularization and use of Dogecoin, but also injects new impetus and vitality into the development and growth of the cryptocurrency market.
At the end of 2017, I bought 10 bitcoins. At that time, the price of bitcoin fluctuated between $6,000 and $8,000, and the total purchase funds were about $70,000. In the mask period, the price of bitcoin reached a record high, exceeding $60,000.
During the mask period, all my savings began to face zero, and my family finally missed my 10 bitcoins. They said: The family is in such a difficult situation now, it’s time to take it out to subsidize the family. At this time, we don’t know when we can return to normal. We have a life to make money, not to spend it. At that time, the value of Bitcoin was close to $600,000.
Now I say righteously: It was a correct decision when you bought it at the beginning, why didn’t you buy more. Why didn’t you buy more if it’s so valuable? If you tell us clearly, how could we not let you buy more...
Back to the beginning; when I decided to invest, my family heard that I wanted to buy bitcoin and said that I was playing with things. They said why didn’t I use this money to start a business, even if the business failed, there were still some basic things, and a lean camel is bigger than a horse. What coins did you buy? You said that you will face the risk of theft and loss. Why bother? Why not use the money to do something profitable...
In such a family situation, I feel helpless, tired, annoyed, and want to escape from this place of trouble. I can clearly believe in the potential of Bitcoin and blockchain technology, and believe that it will change the future financial ecology; but the obstruction of my family makes you more stressed.
I still hold on to it despite the obstruction of my family. Unknowingly, we have entered the era of masks, and these 10 bitcoins did not escape the clutches of my family.
In the bull market of 2022, my friend has been paying attention to the field of DeFi (decentralized finance). He is a technical geek himself and is very interested in blockchain technology, especially the various innovative ways of playing DeFi that attracted him. He feels that some concepts that are difficult to achieve in the traditional financial world have become very simple and promising in the DeFi world.
He discovered an emerging DeFi project, which focuses on a function called "liquidity mining". Users can provide liquidity to the project by providing their own crypto assets, thereby obtaining rich returns. At that time, the project had just been launched, and the annualized rate of return advertised was frighteningly high, reaching hundreds or even thousands of percentages. Xiao Zhao was moved and felt that this was a once-in-a-lifetime opportunity and that he should seize this wave of market conditions.
He carefully studied the white paper and technical solutions of the project and felt that the entire mechanism looked very reasonable, and the project party had a strong background. So he invested most of his crypto assets in this project, ready to make a fortune in this wave of liquidity mining. In the first few weeks, as expected, his investment doubled several times, and the rate of return was also amazing.
About a month later, the project was suddenly hacked, and the funds in the entire liquidity pool were drained in an instant, and the funds disappeared. This was the first time he experienced such a serious loss. From the initial optimism to later seeing his account balance return to zero, he was suddenly hit hard. He didn't expect that the project he had repeatedly verified would lead to huge financial losses due to a security vulnerability.
This hacker attack made him realize that although DeFi has great innovation potential, it is also very risky. However, this failure did not make him completely give up the crypto market. On the contrary, he began to choose projects more carefully and increased his research on blockchain security technology.
Since then, although he no longer participates in high-yield, high-risk projects as frequently as before, his investment strategy has become more rational and mature. Through this lesson, he gradually accumulated more experience and began to try to educate his friends around him on how to better manage risks in the DeFi field.
eSIM one phone with multiple numbers is no longer a dream!
👏Hi! I’m your Mouse, and this time I’m bringing you eSIM (virtual SIM card)! 👀 Recently, TG's policy changes have attracted widespread attention, especially the clause that the IP addresses and phone numbers of violating users may be disclosed. This has caused panic among many TG users. 1️⃣ Common small problems ➊I can’t even receive the verification code for the registered +86 mobile number, and I still use TG like this. Forget about doing anything illegal, I just go to TG to see my “wife” (✿◡‿◡) ➋I have also purchased foreign mobile phone cards to receive text messages before, but they are all physical. eSIM cards are not currently supported in mainland China, so I can’t use them even if I want to! Unfortunately, the card slots on my phone are full, and there is no room for me to insert them.
In the middle of the night, the luxurious pork trotter rice suddenly fell from the sky. All the group members must be numb! Previously, we posted a message to force everyone to participate in the event. Binance led the investment. The project party is very powerful. This wave of welfare pork trotter rice! I can only say thank you @dappOS_com dappos, thank you dctv! I was one of the first batch to participate in the event. I received 12u of luxurious pork trotter rice, and the gas was almost zero wear and tear! ! ! Conscientious project party, this is the largest airdrop for participating in the bonus pool event this year! The 500,000 US dollar bonus pool is so big! There are really few 1 million users on the chain. For such a conscientious project party, I think there will be tens of millions of users in the future. Recently, dappos is said to have a new event again, so pay attention to it! Thanks @dappOS_com #dappos #意图执行网络
In 2021, Awen gradually came into contact with NFT because of his love for trendy culture. At that time, the concept of NFT had just become popular, and many people were not familiar with this emerging field. Awen himself is an art lover, and he is particularly interested in trendy art and collections, so he quickly became interested in NFT. After a period of research, he discovered a project called Bored Ape Yacht Club.
This project is mainly composed of a group of NFTs composed of unique ape images, each with different expressions, accessories and clothing. At that time, the project was not very popular, and the price was not expensive. The price of each ape was only about a few hundred dollars. Awen thought these design styles were particularly interesting and trendy, so he did not hesitate and spent thousands of dollars to buy several apes' NFTs.
When Awen shared these NFTs with his friends, everyone thought he was a bit "burning money". After all, in the eyes of most people at the time, NFTs were just a few online pictures, and they were not worth that much money at all. Many friends advised him not to waste money on such virtual assets, thinking that they would soon be forgotten. But Awen is very persistent. He believes that these monkey pictures are not simple pictures, but a symbol of a trendy culture.
Unexpectedly, just a few months later, Bored Ape Yacht Club suddenly became popular. Many celebrities, stars, and athletes have entered the market to buy Bored Ape, and these monkey NFTs are everywhere on social media. As the popularity of the project continues to increase, the price of Bored Ape has also risen. The price of the monkey that Awen bought for a few hundred dollars at the time soared rapidly, and the most expensive one even rose to a few hundred ETH, equivalent to a value of hundreds of thousands of dollars.
Seeing his assets grow exponentially, friends began to persuade Awen to cash out quickly, after all, the opportunity to make money is rare. But Awen did not rush to sell. He told me: "Although these NFTs have increased a lot, I think their value is not only to make money, but also a symbol of cultural identity. This may be a new form of future trends and art."
My friend was still interested in the mentality of "getting rich by picking up leaks", just like BTC and ETH at the time. He often looked for small currencies that had just been launched in the market. Around the beginning of 2020, he accidentally discovered a project called Solana. At that time, not many people knew about Solana, and its market value was very low, with a price of only a few cents. He did a simple study and felt that the technology and team background of this project were not bad, especially it claimed to achieve extremely high transaction speed and low cost, these features made him a little tempted.
However, after all, there are endless projects in the currency circle, and everyone knows that low-market-value coins are risky and have a low probability of success. He himself did not have much hope, but just symbolically bought tens of thousands of Solana coins, spending a total of several hundred yuan. After the purchase, he did not care much, thinking that he was investing "idle money" anyway, and he would make money if he made money, and he would not feel bad if he lost money.
A year later, during the outbreak of DeFi and NFT, Solana suddenly ushered in rapid development. As more and more projects and developers enter the Solana ecosystem, the market's interest in this coin has rapidly increased, and the price of the coin has also begun to soar. When my friend opened his wallet again, $SOL had risen to around $10, and the tens of thousands of coins he bought at that time had become hundreds of thousands of assets.
In the end, he couldn't help it, and when $SOL rose to $10, he sold all the coins in his hand, pocketing them and making tens of thousands of dollars. At that time, he was quite happy and felt that his idle money was very successful. After all, a few hundred dollars turned into tens of thousands, which was already a very good return.
In the second half of the year, it rose from $10 to nearly $200, more than dozens of times. If he insisted on holding on until then, the assets might have directly turned from tens of thousands of dollars to millions.
Of course, its value is now much higher than $10. I don't know what my friend would think when he sees this article. $SOL has now successfully counterattacked, and it is a good thing to keep more.
On September 22, BlockTower Capital founder and CIO Ari Paul opposed CryptoQuant CEO Ki Young Ju's affirmative view of CZ, saying, "CZ committed the same crime as SBF. If the federal government wants, CZ can be sentenced to life imprisonment. CZ stole customer deposits and gambled. He has dozens of charges and deceived retail investors in dozens of ways. He deliberately facilitated money laundering and worse for criminal groups. Why was he only charged with a little bit? Because the federal government is worried that he will take away more than $30 billion in retail funds by bribing the UAE sheikh to obtain sovereign immunity, and the federal government wants a lot of Binance documents that can prove the industry guilty."
It is worth noting that the Reuters report cited by Ari Paul accused CZ of obtaining approximately $11 billion in customer assets through trading companies. In response, CryptoQuant CEO Ki Young Ju quoted the U.S. Department of Justice's statement of accusations against CZ, saying that the Reuters report had no solid evidence, but only indirect suspicion, and no legal conviction was made. And "the Department of Justice did not accuse CZ of misappropriating customer funds, but accused him of abetting money laundering."
Others also expressed different opinions on Ari Paul's views. He said that it is illogical for a person to choose to steal $30 billion to be a hostage of a small country when he has become a billionaire. In addition, Binance also has customers from the UAE, and "theft" will also face legal rulings in the UAE #cz判罚 #cz被永久监禁
My friend, it should be around 2017. At that time, in addition to being particularly optimistic about Bitcoin, he also favored Ethereum, and even invested most of his funds in it. In fact, Ethereum rose from a few dollars to hundreds of dollars at that time, and the fluctuation was quite large. Many people began to be afraid and wanted to sell it at a high price and lock in profits. Many people around him withdrew, saying that Ethereum was pure nonsense and it was better to buy Bitcoin, and only when the money was in your pocket would you feel at ease.
But he was different, he increased his position instead. I asked him why, and he said that he thought Ethereum's smart contract was simply subversive and would completely change the business model in the future. He told me excitedly that Ethereum was not just a digital currency, it was a platform, and there would be many applications running on it in the future, such as automatic execution of contracts and financial agreements, which did not require middlemen at all. He was very confident in his belief and was willing to pay for it.
When he heard this, some of his friends laughed at him, saying that his dream was beautiful, but the reality was more cruel.
At that time, everyone generally believed that only when the money reached their own pockets could they really make money. He still holds on to his belief. A few years later, not only did Ethereum increase several times, but new things such as DeFi and NFT became popular. He paid for his belief and made up for the loss of Bitcoin before.
His favorite saying is: predicting the future is not a dream, but being able to keep your belief when the market is turbulent.
I woke up and found that $SOL $BNB $ETH was bullish. I wonder if everyone bought the bottom at that time! SOL will go up to 200!!! #美联储宣布降息50个基点 #加密市场反弹
I know a guy who earned 7002 bitcoins by programming in his early years. At that time, the stuff was not worth much, so he didn't take it seriously and just put them in a safe hard drive. Later, he forgot the password, and the hard drive was not an ordinary hard drive. If he entered the wrong password 10 times, the hard drive would be permanently locked and no one could open it. So far, he has made 8 mistakes and only has two chances left.
What's even funnier is that the price of Bitcoin has risen to the sky, and the 7002 bitcoins are now worth almost $200 million. Imagine, $200 million is there, but he can only stare blankly! But you know, this guy is actually quite calm.
I also specifically asked him: 'Aren't you anxious? ' He said: 'Of course I was anxious at the beginning, even crazy! But later, I thought it over. After all, money, no matter how much, is not as important as family and health. Instead of worrying about it every day, it's better to focus on more worthwhile things. '
To be honest, I was a little stunned after hearing what he said. I always thought that this kind of thing would make people collapse, but I really admire him for being so open-minded. He even joked that if he really couldn't remember the password in the end, he would just leave it as a regret for himself.
I think this matter can make people reflect, especially in the cryptocurrency circle. Although cryptocurrency allows you to have full control over your assets, if something goes wrong, such as forgetting the password, there is really nothing you can do.
I thought to myself: 'MMP, this is probably just a small part of your Bitcoin, you are so open-minded'
I know a big guy, and he told me that he almost lost $ETH that time. At that time, there was a very popular project called DAO, which claimed to be a decentralized autonomous organization. Many people invested in it and even raised $150 million. This was an astronomical figure at the time, and everyone thought that DAO would be a big project that would change the world.
As a result, who would have thought that there was a big loophole in the code. A hacker discovered this loophole and easily stole more than $50 million in Ethereum! At that time, the community exploded all of a sudden, and everyone couldn't believe their eyes. This is not just about money, the key is that this shook everyone's trust in the blockchain. After all, isn't the blockchain about being tamper-proof? "Code is law" has always been a concept that everyone believes in, but now there is such a big loophole.
I remember that at that time, the community was divided into two factions. One faction advocated sticking to principles and not changing the blockchain no matter what happened. There was nothing they could do if the hacker succeeded, and this was a risk inherent in the system. The other group felt that they couldn't just sit back and do nothing, after all, so many people's money had been stolen, and action had to be taken.
In the end, the Ethereum community decided to take the hard fork approach, which simply means rolling back the blockchain to the state before the hacker attack so that everyone's funds can be restored. However, this also led to a big split. Some people who insisted on the concept of decentralization were unwilling to follow the fork. They chose to continue to maintain the original chain, which gave birth to the Ethereum Classic (ETC) we know today, while most people chose to go to the new chain after the hard fork, which is today's Ethereum (ETH).
After the incident, Ethereum was able to move forward, but the lesson of the DAO incident was very profound: although the blockchain claims to be decentralized and cannot be tampered with, when technology and ethics conflict, the community must make a difficult choice. We all realized at the time that the security of smart contracts was much more fragile than we thought, and later projects also put more effort into security audits. #DAO治理
The most expensive pizza in history - Bitcoin Pizza Day!
On May 22, 2010, programmer Laszlo Hanyec posted a strange request on a cryptocurrency forum: "Who can buy me two pizzas? I'm willing to pay with 10,000 Bitcoins." At that time, Bitcoin had not yet entered the public eye and the price was insignificant. In the end, a cryptocurrency enthusiast agreed to help him complete the transaction, so Laszlo exchanged 10,000 Bitcoins for two pizzas. This was the first time in history that someone used Bitcoin for actual commodity transactions.
Laszlo didn't know that his transaction would be recorded in the history of Bitcoin. With the rapid rise in the price of Bitcoin a few years later, the value of the 10,000 Bitcoins once exceeded 400 million US dollars, and the two pizzas became the most expensive pizzas in the world. Although many people think that Laszlo "lost a lot", he is proud of his behavior because he promoted the practical application of Bitcoin and proved that cryptocurrency is not only a virtual asset, but can also be used in the real world.
This event is commemorated every year by the crypto community, and May 22 is called "Bitcoin Pizza Day", which has become a node symbolizing the growth of Bitcoin.