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YSK if you ever get random email from someone saying they have footage of you looking at adult websites as well as recordings from your webcam and if you don't pay them money (usually Bitcoin), they will send this footage to friends, family and coworkers. Don't panic. This is fake and a scam.
I've had this happen to me just today. The email usually has a subject line of one of your old passwords you used. They say that they have installed malware onto your device and that has got them access to your display and your camera. They also say that the malware has obtained every one of your contacts on social media as well as your email address details. But don't worry, this is all an elaborate scam just to scare you so you send them.money. No one has access to anything other than the password that was used in the subject line, to which is where you should double check if you have used this password on any other websites and immediately change it.
Should you Buy Bitcoin? If you understand what it is, and where it's going; then Yes. If you don't know what it is and would sell at any sign of a 5%, 10%, 50%, or more dip; then, No.
Bitcoin is only a safe investment if you understand what it is, and how it will continue to be adopted into this world at this point in its life, regardless of the market price swings in the short term. Because only then will you never cement a loss by panic selling, and then seeing Bitcoin runaway in price while you're still out, therefore losing both your Dollar value and your Bitcoin position value. I've been in Bitcoin for over 8 years now, and have seen many friends, family, and acquaintances come into Bitcoin, and many panic sell and FUD out during a down market. Most eventually coming back after learning more about Bitcoin, but some, for some it takes a long time to return. And for an even smaller few, well they never return, or at least not yet. But in essence, Bitcoin is only a safe investment if someone understands that their amount of Bitcoin is more important than whatever dollar value it has in the short term. That all they should be focused on is acquiring more Bitcoin, and that every 5 years after a halving happens, they'll see their coins grow in value. That they'll grow in value thanks to the math of its limited 21 million total coin supply, the new coin supply getting cut in half by the halvings making a more and more or the total supply being held by hodlers every year, and that its continued adoption into the global markets will always force it to eventually go up in price because those new adopters will always have to find what price those hodlers are willing to sell, finding Bitcoins new value that hodlers are willing to sell each time that happens, regardless of the short term evaluation corrections after a parabolic runs. Corrections mind, you that on average are only 80%, leaving anyone in before a 1000% growth parabolic runs to still being up 200% as long as they bought before the parabolic run started. The .com stock fluctuations were fluctuating on averages of 99% corrections during its first 15 years of life from the '90s to the early 2000s. And the ones that survived those early days were previously the best investments in history before Bitcoin came along. So Bitcoin is holding a better correction in its early day pattern than the biggest internet companies when they started, and its returns have already broken any records they previously held. Records they'll never be able to catch up to as Bitcoin continues its path. If they don't understand this, then even if they don't leave the market, they'll panic sell every time. And for some friends I know, they'll always sell at a dip right before a parabolic run, and then FOMO back in at a new all-time high, only to experience the next correction and sell again at their break-even point. With this, losing more Bitcoin position every time, but maintaining the same initial investment point which in their eyes as a win. I have one friend who came in with 10k in 2013, and today in 2020 is still only at 10k thanks to this pattern of buying and selling. Don't get me wrong, they've been up well over 100k$ at times, but they kept panicking selling at every parabolic run's slightest dip, then buying back in at the new all-time highs, only to then sell low in a repetitive cycle until they broke even. People like that friend try to play the market, and yes while they do win sometimes, that pattern of buying and selling will almost always lead you to get rekt during times of parabolic growth, and correction. Had my friend just held his initial 10k investment in 2013, he'd be a multi-millionaire right now. It's one of the most golden rules with investing in any market. If you try to play it, eventually it will play you. Instead, just find a market on the path of growth, and longevity, and do everything you can to just increase your piece of that market's pie, no matter what the price. If it goes down in price in the short term, then just think of it like a rare Gucci purse or limited edition rare popular shoes that are being released on sale. Buy the damn discount and hold onto that shit until the market catches up with what you know and realizes it's true value. Because of all these experiences throughout the years, if I'm trying to help anyone start buying Bitcoin, I tell them to learn about it first before buying any. To learn what it is, study its history, it's adoption growth, where it can be adopted, where it is being adopted, what it's limited 21 million coin supply is, and about what the halvings mean to its long term value. How it can and will be used, how they can protect it, etc. I always want them to learn enough about it to understand why HODLing is so important, and that the only thing that matters is that they increase their Bitcoin supply. That's the safest way to win in this game. Without understanding that, then they're a financial danger to themselves if investing in Bitcoin. Not because Bitcoin is a bad investment, but because they'll be a bad investor.
A funny theory. If we get $16k in the next 4 days, then perhaps the bitcoin time traveller was right, but exactly one year off. April 2020 - within 12 days of $5,300. July 2020 - $9,200 exactly half way through. October 2020 - a $16k wick is possible. Feb at $29k is viable.
Bitcoin has gone from 100% dominance to 56.67%, where it is today. The truth is: no matter what "dominance chart" one uses, Bitcoin dominance started at 100% and has been trending down on a lifetime time span. On a macro scale, Bitcoin dominance is reaching lower and lower highs.
Andreas Antonopoulos: This whole "what is ETH supply" thing is a silly gotcha that doesn't make much sense if you understand how Ethereum works. It's no better than the silly gotchas Schiff and Roubini level at bitcoin.
Sarang Noether of the Monero Research Lab will be speaking at the Magical Crypto Conference today at 1:15 PM EDT (Privacy: The Collision of Theory and Practice) and 1:55 PM EDT (Is Bitcoin Falling Behind on Privacy - Panel)
this pump is potentially tether printer driven https://coinmarketcap.com/currencies/tethe click price and mcap for 3 months and they have increased their supply by 50%. pumps and dumps often follow teather printing, i keep an eye on their supply, its never organic; huge jumps etc. What follows is usually some market instability, pump and dump. in this case they did the old trick, they bought btc over time and sold off alts, people are now buying alts again and probably thier operation too to buy pennies on the dollar what they sold. tether is shady and centralised, so i woudlnt be surprised if this was their operation. i posted about an article below about tether, with a few main take aways that it's not only not backed by USD but is used as a tool to manipulate the market especially BTC. https://np.reddit.com/CryptoTechnology/comments/g3ihqi/is_bitcoin_really_untethered_this_paper_looks_at/ Is Bitcoin Really un-tethered? paper
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Bitcoin kaufen in der Praxis Anleitung / Tutorial - YouTube
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