I can't take it anymore. The amount of shills that I hear about how we are still early is so cringe. We are not early. The early money was made already. People think Bitcoin will still reach millions of dollars. There are only 2 ways this happens.

1. Hyper inflation happens and a cup of coffee costs 100$

2. 1 million in 20-30 years.

All these shills like Greg foss, plan b, Michael saylor etc they only have their own interests in mind when they go on you tube and these podcasts and shill ppl that this will hit astronomical numbers. It won't. Can it hit 100k by 2029-2030? I believe so but not 500k or 1 million. What ppl don't understand is what matters is market cap! Not the price. It's exponentially harder for BTC to go from 500 billion to a trillion then from 100 billion to 200 billion. The amount of capital that needs to come in is astronomical. Also some ppl talk about BTC as if it's a religion and solves all the world's problems. This is so cringe. When u have this kind of group think it's never good. Do I believe BTC is an amazing asset? Yes! 21 million, proof of work, the only real decentralized "crypto" but the real money was already made. Keep stacking and hopefully BTC will keep up with inflation. Curb your expectations.

A world without banks and relying solely on cryptocurrencies would have some great advantages.

1. Financial Inclusion: Cryptocurrencies could potentially provide financial services to the unbanked population worldwide.

2. Decentralization: Without centralized banks, financial power would be distributed among cryptocurrency users. This decentralization could prevent monopolies and increase transparency and fairness in financial transactions.

3. Reduced Fees and Faster Transactions: Cryptocurrencies could offer lower transaction fees and faster cross-border transfers compared to traditional banking systems.

4. Security and Privacy: Blockchain technology underlying cryptocurrencies provides enhanced security measures and privacy features. Users would have control over their personal information and transactions, reducing the risk of fraud and identity theft.

Legend has it that today is the glorious day when Bitcoin was first used to purchase a product. Back on May 22, 2010, a hungry man named Laszlo Hanyecz graced the Bitcointalk forum with a peculiar proposition:

"I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!"

And lo and behold, a brave soul by the name of Jercos rose to the occasion, accepting the offer in exchange for the coveted 10,000 bitcoins (which, mind you, were worth a measly $30-40 back then). The bitcoin was sent, the pizza was ordered and delivered, and thus, the whimsical tale was etched into the annals of history.

Now, here's the real kicker: as I write this, those two seemingly ordinary pizzas have transcended their humble origins and acquired a mind-boggling value of over 269 million dollars. That's right, folks, we're talking pizza with the purchasing power of a small country!

So, let us gather 'round and rejoice in the hilarity and audacity of Bitcoin Pizza Day's 10th anniversary! Who could have predicted that a simple pizza transaction would become a symbol of immense value and regret for those who didn't stockpile their bitcoins? Remember, folks, when life serves you pizza, make sure to check if it's worth a fortune before taking that first bite!

#binancepizza #BTC #Binance #dyor #crypto2023

One day you may be forced to decide if you want to keep money as CBDC

if you want to go all in crypto without ever cashing out. What will you chose?

It still seem unrealistic yet, but in few years who knows what decisions we will be forced to make. With possibility of removing cash by governments and going all into electronic money, especially into CBDC investing into crypto may be impossible or very limited. What if CBDC will have expiration date? Before decisions will be made we may heve short amount of time to go out of crypto or go all in.

Will you keep money in bank, where it will lose value, could be frozen or taken by government at any moment leaving you with nothing to buy food or pay bills and will make it impossible to buy crypto or invest or before that happen will you put most your savings into crypto knowing most likely you will be unable to cash out in short term without moving to some foreign crypto friendly country?

First option seems but safer and will be more legal and probably will be the thing most people will chose. Like always they will follow government telling them it is for their own good, and lose all control over their money, they will most likely unable to invest too much and have savings, that's the goal of governments and banks. People that can lose all money with one button click will never dare to protest. Second option is riskier, but it may be only chance for many people to be financially free and run from their oppresive country.

Personally I would chose option two. Cause why not? CBDC would take all my freedom, inflation and expiration date would mean I would have no savings, so going all in crypto seems like good bet, otherwise those money would be lost anyway. I know I would be unable to cash out without repercussions from government or banks, but I don’t exactly care. I would move out to some crypto friendly country, opportunity for better life would be worth the risk.

What would you chose?

#feedfeverchallenge #BTC #crypto2023 #dyor #eucryptotaxplans

Just months ago anyone who wanted to buy NFTs or Altcoins 90% of the time needed to purchase it on the eth network however Ordinals came out and they are a form of NFT but on the Bitcoin network, same thing with altcoins, it seems now that altcoins can be created on the BTC network.

Eth was the king of altcoins because it was the most decentralized smart contract chain but now that Bitcoin, a totally decentralized network is capable of supporting altcoins, what is the point of making them on Eth? This leaves eth as another cardano in the eyes of people who are looking for the most decentralized network.

What are your thoughts on eth now that BTC blockchain supports altcoins and NFTs?

#feedfeverchallenge #crypto2023 #dyor #BTC #eucryptotaxplans

Crypto space is often brutal, just like life, not everyone survive and is happy. Some people despite problems work hard, learn on their mistakes and improve others repeat the same mistakes over and over again.

There is nothing wrong with making bad decisions from time to time or getting fooled by someone or some project. As saying goes: Fool me once, shame on you, fool me twice, shame on me. If you made one wrong decision in life or in crypto it is usually not end of the world, of you repeat bad decisions over and over and learn nothing you can blame only yourself.

They are people that go to prison time after time, they learn neither that crime doesn't pay nor how to be better criminal and didn't get catched. There are people that fail in possible every relationship, get divorced multiple times etc. They learn neither to find better people nor improve/ change themselves. Simmilar in crypto, everyone start as beginner, no one knows everything without learning and improving, but over time you should become better. If you get scammed or rugged once or twice it may not be your fault, but if you go from one shitcoin to other one and lose money for months or years on multiple project, lose access to seedphrases whole time, accidentally send to wrong adress every few transactions then you will never improve.

Unfortunately some people are like that in this place, they always have someone to blame, they do not listend to good advices of crypto community, don't learn on any mistakes, they are like drug, alcohol or gambling addicts that come back over and over to something that is bad for them. At some point people just stop caring, you can give good advice once or twice, but I see some people ignoring any advices and then coming crying another shitcoin rugged them.

If you act like you know better you should also bear consequences of your actions. Living in denial is bad idea when money is involved.

I believe anyone in crypto space can improve their life, financial situation and crypto knowledge a lot. Luck is usually excuse for those that want to get rich fast and lose over and over instead of slowly improving and playing safe. To be successful investor you must be ahead of the curve, not left behind. If you improve you become better than average, but every mistake cost you in long term.

#feedfeverchallenge #BTC #eucryptotaxplans #googleai #dyor

What would chat GPT do if you were to provide it with a list of crypto projects and cryptocurrencies, then ask it to run an analysis on them? Does it do a good job at tech and fundamental analyses? Can it help you invest or make money with crypto?

I tried it and while it sounds pretty knowledgeable on its analysis (I used charting and indicators), ChatGPT comes up with wrong assessments from chart data.

After confronting it with its mistakes it comes up with blabla I'm an AI, I'm learning, I'm still in development...

TL: DR Not to be trusted!

#feedfeverchallenge #BTC #googleai #eucryptotaxplans #chatgpt

Watching Pepe move now is such a similar pattern that all meme coins go thru. When I read that post yesterday about pepe being down 70% from it's ATH and being a rug pull or scam I got flash backs of the Shiba beginning pump days.

This gives me the feeling that pepe is going to make the same crazy trajectory that Shiba and doge went thru. Both of those coins experienced extreme pump and dumps all the way to the top 10 then back down.

I wouldn't be suprised if pepe does the same type of crazy moon shot that other meme coins have experienced. Pepe definitely has the same crazy community that Shiba has, maybe even crazier than Shiba to be honest. And when you join their telegram chat, you can tell they also have the same community feel as doge did.

Don't get me wrong, I'm fully aware that these meme coins are clearly casino gambling but if we're honest with ourselves, so is a majority of alt coins. Some altcoins have more usecase then others but in the end investors are gambling by investing in 95% of alt coins out there.

This is not financial advice or advice at all for that matter of fact, it's simply my perspective on the current pump and dump rollercoaster ride that pepe is going thru. I definitely don't think we have heard the last of this meme coin pepe, and like I said before I wouldn't be suprised if this is just the beginning of it's rollercoaster ride to the moon and then straight back down.

Have fun guys and don't forget to never spend more money gambling then you can afford to lose or are willing to lose.

#crypto2023 #dyor #pepe #feedfeverchallenge

Now this is a completely whacky theory, but time wise things do make sense.

The Silk Road was launched by Ross Ulbricht in February 2011 and was the driving force behind adoption of Bitcoin as a currency.

He has a lot of knowledge of how the Bitcoin Blockchain worked and how to implement a system which required quite intricate work in 2011 to run the marketplace on the TOR (hidden services) network.

April 23rd 2011 - Satoshi Nakamoto's last email stated that he had moved on to other things and that Bitcoin is in good hands to software developer Mike Hearn. 2 Months after the launch of the Silk Road.

This would be an excellent reason to want to remain anonymous, and also to disappear.

Ross Ulbricht was arrested in February 2014 and has been jailed ever since - which could be why no BTC has ever moved.

Completely unlikely I know, but a theory I never see spoken about that does have some logic behind it.

Maybe he wasn't working alone - who knows.

#crypto2023 #dyor #satoshinakamoto #feedfeverchallenge

You’ve all seen or heard this being thrown around at least a couple times by now. While I agree with the sentiment, there’s also no point in watching your investment dwindle down 90%. Many coins will never reach their ATHs again and your money is now gone.

Seems more like a Safemoon mentality. People need to realize that the coin that already did 1000% and dropped 99% from ATH will never see it again.

Same with mostly all the meme coins. People buy at the top after all the hype and get dumped on. I’m sick of seeing “you don’t lose until you sell” because most likely you’ve already lost. Get out with your dignity and what little money you have left before it gets worse- many times is does. Being down 75% is still way better than 99%

#crypto2023 #dyor #BTC #Binance #BNB

As we find ourselves deep in the bear market, it's important to remember that the crypto world is always evolving and full of opportunities. So, let's put aside the meme coins for a moment and focus on true innovation in the space. I'd like to open up a discussion on how we can best position ourselves for the upcoming bull market.

What projects, technologies, or strategies should we be focusing on right now? Let's explore the key areas that will drive the next wave of growth and adoption in the cryptocurrency space. Here are a few topics I think are worth discussing:

1. Layer-2 Scaling Solutions: With Ethereum 2.0 still in the works, layer-2 solutions like Optimism, zkRollups, and Polygon have been gaining traction. How do you see these technologies evolving, and which projects stand out in the space?

2. Interoperability: As the blockchain ecosystem expands, the need for cross-chain communication and compatibility becomes essential. Projects like Cosmos, Polkadot, and Chainlink are working on bridging the gap. How can we capitalize on the growing demand for interoperability?

3. Decentralized Finance (DeFi): Despite the bear market, DeFi has shown resilience and innovation. From lending protocols like Aave and Compound to decentralized exchanges (DEXes) like Uniswap and SushiSwap, there's a lot happening in this space. What are the next steps for DeFi, and how can we stay ahead of the curve?

4. Non-Fungible Tokens (NFTs): Beyond digital art and collectibles, NFTs have the potential to revolutionize various industries like real estate, gaming, and intellectual property. Which projects are pushing the boundaries of NFT use cases, and how can we get involved?

5. Green and Sustainable Crypto: As environmental concerns around cryptocurrencies like Bitcoin become more prominent, projects focusing on sustainability and green technologies are gaining attention. How can we support and invest in these eco-friendly initiatives?

6. Central Bank Digital Currencies (CBDCs): With countries like China and the US exploring digital versions of their currencies, the landscape of digital assets is bound to change. How will the adoption of CBDCs impact the crypto market, and what opportunities can we find in this emerging field?

I'd love to hear your thoughts, opinions, and any additional suggestions for innovative projects or strategies to consider during this bear market. Remember, the goal is to be prepared for the next bull market, so let's put our collective knowledge to work and find those hidden gems together!

Please keep the discussion focused on true innovation and avoid promoting meme coins or baseless speculation. Let's maintain a healthy and constructive conversation.

#crypto2023 #dyor #BullRun #BTC #crypto

So currently Bitcoin and Ethereum are the top crypto coins for a while now. Bitcoin being the first, and Ethereum enabling new features like smart contracts, has earned them their positions.

Recently, as we all know, bitcoin had very high fees for a few days. If crypto gets mass adoption, then scalability and low costs might be critical for a coin to be the dominant one long term.

So, my question is: Do you think bitcoin will be replaced as the top coin by another cryptocurrency that has instant and fee-less transactions? or just any other cryptocurrency in general?

In my opinion, what I thought of first as a potential contender for the top is NANO. Of course because it has no fees and is instant. but also because it already is quite a popular cryptocurrency, which would help it in being the one that gets most recognition if mass adoption of crypto were to happen.

Though, I'm curious what you all think. Which coin do you think will be the dominant in the future? Do you think it would be a coin that already exists, or do you see a whole new cryptocurrency idea emerging that solves certain problems that make it become the top cryptocurrency? Or do you think it will stay as is with bitcoin, and it becomes more valuable and rare, like “digital gold”? Also, I would like to hear your reasoning, and if you actually invest in it for that reason.

TLDR: BTC and ETH are the top coins right now. With BTC’s high fees, do you think it will be replaced as the top, and would it be a coin that has no fees and is instant, like NANO, or another existing or non-existing (yet) one, or will it stay the same?

#Binance #BTC #crypto2023 #dyor #dominance

Investing in cryptocurrency can be a thrilling, yet daunting experience. The market is incredibly volatile, and prices can fluctuate rapidly in a matter of minutes. However, with careful research and strategic investment, there is potential for significant gains. Here are some tips for those looking to dip their toes into the world of cryptocurrency:

1. Do Your Own Research: Cryptocurrency is a complex and constantly evolving field, so it's crucial to stay informed. Read whitepapers, follow industry leaders on social media, and join online communities to stay up-to-date on the latest news and trends.

2. Diversify Your Portfolio: Investing in a range of different cryptocurrencies can help minimize your risk and maximize your potential gains. Look beyond Bitcoin and explore up-and-coming altcoins that show promise.

3. Stay Cautious: Cryptocurrency is still a relatively new and unregulated market, so it's essential to exercise caution when investing. Be wary of scams.

4. Keep an Eye on Market Trends: The cryptocurrency market is highly volatile, and prices can change rapidly. Keep a close eye on market trends and make informed decisions based on data and analysis.

5. Be Patient: Cryptocurrency investments should be viewed as a long-term strategy, rather than a get-rich-quick scheme. HODL (Hold On for Dear Life) is a common strategy in the crypto world, where investors hold onto their assets for an extended period, allowing for potential growth over time.

6. Do not invest more than you can afford to lose.

7. Do not invest more than you can afford to lose.

8. Do not invest more than you can afford to lose.

9. Do not invest more than you can afford to lose.

10. Do not invest more than you can afford to lose

#Binance #BTC #crypto2023 #dyor #BNB .

A lot of people, especially beginners, have all their crypto in custodial wallet sites, and I don't get it all. The point of crypto is decentralization, and self ownership of your assets. So if you are letting a company mange it for you, and most likely a non-decentralized one, then it's like you did nothing and might as well just use banks.

I always see the argument that noncustodial wallets are more complicated. While that may be true for some, for most it's not complicated by too much or at all.

For example, the Exodus wallet is a noncustodial one, giving you access to all your keys, and exodus is the definition of simplicity. Arguably, it's simpler than most custodial ones and has a better user interface. (I give Exodus as an example as it's the one I have used the most till now)

I get that custodial wallets might have features or benefits noncustodial ones don't have. But in my opinion, the assurance that I own my crypto, and will not lose it for some corporate excuse, is better for me than any benefits. Still, with that, noncustodial wallets can have plugins to give you some of those extra features. Exodus again, for example, it lets you install additional apps (plugins) that let you stake, bet, etc… Not only that, but it also supports the majority of the coins available, so you don't have to have the issue of managing many wallets. (Also, if something is making you benefit, then it's most probably they're benefiting from you even more.)

You don't trust yourself to keep your private keys safe? Then you shouldn't trust yourself with your credentials for custodial wallets either. It's easy to keep your keys safe, either in real life, or a backed up pass locked note protected by two-factor auth that's synced to multiple devices (like Authy).

Also, I think a reason why custodial wallets may be more popular is that they get much more marketed than noncustodial ones.

What do you think? And what noncustodial wallets do you suggest as well other than Exodus that you think are not hard to use, and offer useful features?

#crypto2023 #BNB #dyor #wallet #BTC

Many banks are falling appart, reporting losses and SEC keeps raising interest rates. Government bailouts doesn’t help the situation. I feel like we haven’t been closer to 2008 than now.

Yet I see a lot of people here and overall in the crypto space rejoycing, and actually glad to see institutions collapsing. I’m far from a pro-bank stance, but let’s get this straight : global banking failure won’t create anything more than misery. Rich will still be rich by some means, but poors will get poorer.

We don’t need banks to fail for crypto to prevail

Hating on banks and bankers can be rightful most of the times, but wishing for banks to fail just isn’t right IMO.

Most of us are speculating on crypto to finally cash out fiat on our bank accounts, to end up debt-free, improve our daily life or anything related to fiat.

Crypto is far from being maintstream as a daily currency, anyway the tech is not ready. Let alone the UI/UX. There is no way for the average Joe to use crypto on a daily basis, not anytime soon either.

Doesn’t mean it won’t happen, but I feel like it’s wrong to wish for plan A (banks) to fail, when plan B (crypto) is not ready.

In a near future, traditional banking and blockchain technology could work hand in hand (not especially CBDCs, this looks terrible). Let’s hope for the best.

#BTC #crypto2023 #dyor #bank #banks

I just stopped talking about crypto with people. Mainly because I got tired trying to set realistic expectations and explaining obvious scams.

Some freshly minted Gen Z high schooler with his first disposable money (nana died) sees that someone made

millions with ElonCumPepe and thinks to himself "I can do this to in like 2 days!". Of course he doesn't, but now comes the best part! He is looking for answers in places like this and you all can write that it is extremely risky, probably a scam coin and that the creators have all the

power to rug pull, you can explain why it is unlikely to be on the right end of a 100x move OOOOR you just say "well, better luck next time!" and shut up.

There is a decent chance that in about 2 years those morons will provide our exit liquidity, because instead of acting rational they will chase the next green candle like a cat chasing a laser dot.

#Binance #BTC #crypto2023 #dyor #BNB

I hope I am not conjuring this community’s dislike, but the question that I've asked myself for a long time already is what would happen to the whole crypto market, if Bitcoin's price would suddenly drop to $0?

I know that it is very unlikely to happen, but this mind thought is quite interesting.

Most of us have BTC in their portfolio, probably takes the biggest chunk in our wallets. Besides it's very painful for almost every crypto investor, will it crash the price of most coins to zero, too?

What will happen to the exchanges?

Will it affect the stock market, too?

Will regulations get even tighter after this scenario?

What will happen to "stablecoins"? Can it also affect the USD?

And what will happen to Ethereum, the second largest cryptocurrency?

#Binance #BTC #crypto2023 #dyor #BNB

Many people love to speak like if there is something good in this space. Besides the fast transactions and low fees for moving money around, is there something good left in this space?

Šhît coins. Alt coins turning into nothing. Scams everywhere. Big exchanges bankrupt every couple of months. Inside trading. Stable coins losing its peg. CeFi platforms destroyed. One man tweeting a meme and sending a coin 11,000 % up, NFTs of rocks selling for millions. Youtubers, influencers and people listening to them (not sure what is worst), multiple copies of projects released on a daily basis, hacks all over the place, zero utility, Web3 nonsense, metaverse and virtual land selling for hundreds of thousands and a year later no one cares any longer.

I think the whole idea of crypto had an interesting point when BTC came out. As for today that idea no longer exists because the whole space has been taken over by kids, crypto bros, moon bois, losers and scammers. I'm not saying the traditional financial system works. but I'm wondering if we have any credibility left. How do we really evolve the space into something more serious. Specially for new people trying to get in. Some talk about mass adoption? Are we not really far away from that?

And for the people outraged because of Pepe, more will come. We have one like that every year. As I said before besides fast transactions and low fees, what do we really have that can make a change?

#dyor #Binance #crypto2023 #pepe #pepecoin

Seen so much meme coin hype recently and it got me thinking. Are you after the lottery ticket with possible huge returns butnanvery low chance or the slow burn, blue chip coins, not the same short term potential but a much higher chance of more sustainable long term value..

With coins like Pepe making great returns but also being touted as a 1000x return or more what do most of you want? Knowing that the chances of picking a 1000x return coin are so low.

Or would you rather stick to the more established coins, such as Bitcoin and Ethereum?

N.B. the odds in the title are purely illustrative!

#dyor #Binance #crypto2023 #memecoin #Meme

One of the first devices to allow mass adoption of crypto was released this week, and most of you made fun of it

disclaimer: holdings 39% ETH, 39% SOL, 15% DOT, etc.

The Solana Saga smartphone was released this week, but in both topics covering the news the amount of ignorant comments, and the fact that these news aren't being discussed in this space is alarming.

"it's just a phone with built in apps"

No, the phone has a hardware encrypted vault that hides your seed phrase even from Android itself. Its security is similar to how iOS saves users' faces, the most secure way of storing information.

Every time a user wants to sign a transaction (send/swap), the user authenticates with both fingerprint and password/pin. This is essentially a hardware wallet in a high end phone form factor.

"why waste time releasing a phone"

As you all know, crypto and self custody aren't simple, reason why so many people leave their coins at exchanges. Teaching people about security, hardware wallets and etc. is a huge barrier for crypto mass adoption.

This phone allows very novice users to quickly and easily setup their hardware wallet and use dapps natively, same as using apps from Google Play Store. And it does that very securely.

On top of that, it's a great phone in itself.

So, why again were these news ignore and / or mocked?

Oh because it's related to Solana, so even if it's an amazing / first of a kind product, it must be ignored.

#dyor #crypto2023 #solana #Binance #BTC