TRY

persector

@brilliant_group_6900 1 BTC is already @ 2.1 million TRY, so we're already above a million. It all depends on which unit you compare to :-p

ZappaSays

Don't sell. These are the moments that count. Years worth of holding and possibly losing some money in that time will absolutely be negated. Even if you bought in February you would still be in massive profit. The next year will be great. There's financial institutions snorting up bitcoin like Ozzy Osborne was with coke in the 80s. Blackrock sees what it is and is buying as much as possible while simultaneously taking a shit on bitcoin so the price will go down (cheaper bitcoin). That's the game we're playing. Fear uncertainty doubt, we'll buy your bitcoin because you wana sell because it's not making you money. Cash out now and don't lose more! Scare tactics. Blackrock will cause as much pandemonium as possible : self storage is complicated, you'll lose your seed phrase. You'll get scammed. Trust US! WE WILL DEFINITELY INVEST IN BITCOIN AND NOT TRY TO MANIPULATE THE MARKET AT ALL! WE WOULD NEVER! *ALSO GIVE US 2% OF YOUR MONEY... OR Buy real bitcoin. Even if it all goes to zero (doubt it) but if it does you know you have an immutable system free from the grubby theiving hands of JP Morgan. The dollar can be printed and manipulated into derivatives and bullshit S&P and NASDAQ market games. They won't charge exuberant fees or hold your money for 3 days because of crime or whatever. Not to mention only 9 to 5 on not holidays like Christmas or Easter. This is why bitcoin will go up. Because the US Dollar is worth whatever the top dogs say it is. They're already trading oil in not dollars anymore. People aren't doing business with dollars and it all comes flowing back to America eventually but it's worth what? The authority figures sait it's worth x amount but they've printed more and gave it to their friends so they're fine. They can lower the purchasing power of a dollar because the big-wigs got more money... But what about the minimum wage? Ahh well blah blah blah we can't because... Because you're lying. That's the system we live in Long story long. I doubt bitcoin will go to zero ever. It's a currency of a few nations at this point because their dollar has been fucked by the exact same shit we've been doing. We just don't see it in America because *were number 1* (were obviously not). It's slowly catching up. America said the dollar is top but here come the governments of other countries (plural) that have banded together in bitcoin and collectively say no. We will do not trust what you are saying because you're not doing what you say. Bitcoin. You can look up where it goes on the internet. From anywhere. And it has been approved by bitcoin because bitcoin will only work with bitcoin.

UnusualXchaos

Providing nothing of value and relying on new people buying to make old investors money is the definition of a ponzi, but I know you already know that. I prefer my shitcoins to at least TRY to pretend like they have a use case

SpuntaneousK

You tell them to buy now. If they lookin for long term, there no better time than the present. If they want short term, maybe wait a little for this craze to calm down. A couple of months and things will level out. But in 3-5 years, when 1 coin is $150-$200k, they don't want to be saying the same thing... fuck what the news says. This shits too big now. They ain't gonna ban it. Maybe they'll TRY to regulate it... if they can... but we too big to fail now. Diamond hands to the fuggin moon! Common leggo!!

CommunicationFun8541

I swear if I see any of you motherfuckers getting euphoric at the next ATH or when we cross 5m, 10m, 50m, 100m, 500m - I will slap you through the screen of your smelly phone that you use to watch the market cap all day long. I want stone cold emotions as we cross 1billion market cap. We are going to astronomical levels never seen before on Solana. Many of you will see your 3 figures turn into 6 figures and then 7 figures. Idgaf - you go monk mode with that shit and pay no attention to it. This is programmed to go into billions. Practice semen retention like athletes do before big games. You little soys can’t stop fapping for a day and you think you can hold on while we go from 2m to 10bn? TRY 1000 DAYS NO FAP if you want to come close to the testosterone levels needed to hold $GIGA till ATH at 1000bn.

whodisguy32

Thats their own fault. They have their own circumstances and choose not to buy in. There is no reply that would work to make your friend feel better. At best you can tell something to leave you alone, but they will still sit with the thoughts. DO NOT TRY TO GIVE THEM ADVICE, or they will be forever tethered to you and during a crash cycle we all know what happens. Just say sorry bro that sucks, hope you learned something. If he asks if you should buy now just say that up to you, I wouldn't make any recommendations at this price point, neither buy nor sell. People buy at the price they deserve. Case in point, I had a friend who missed out on a 20x+ token because they thought taxes were going to be a pain. That was in 2021. Had a conversation with the same guy in early nov 2023 about btc and the etfs. He gave me the boomer answers of 'theres no product' and its a ponzi. Little does he know that day was right before btc went on its massive run, with most altcoins 3-10x today. People are slow to change, thats their problem, not yours. Best you can do is avoid the topic entirely and just say sorry bro but I told you, your fault for not listening.

No-Return-6341

It is a hedge against inflation. It is NOT a hedge against rising interest rates. These are 2 different things. First, inflation increases. Then, central banks increase the interest rates as a response, to cool the inflation down. Rising interest rates bring down the prices of speculative assets like BTC, temporarily. During the rising rates periods, Bitcoin will suck. However, it will not lose it's value to inflation over the long term. Look at the price of BTC with respect to Turkish Lira or Venezuelan Bolivar. If USD experiences similar hyperinflation, BTC/USD charts will look like BTC/TRY charts. As a matter of fact, pretty much everything except cash and bonds are inflation hedges.

brorow1

I get to the point now where I don’t even tell anyone about my love for BTC. If I overhear conversations about it I TRY and ignore 😂

Blooberino

The Turkish Lira (TRY) has experienced 68.14% inflation versus the US dollar in the last year. 117.48% in 2 years, 486.98% in 5 years, and 1,321.21 in 10 years.

PrivetSnow

Did you TRY? No? Stfu then

Cute_Paramedic6432

🍀FREE INVITE CODES FOR A DFLOW AIRDROP dflow.net/en CKKV9P PHBR5R W4BJ8C U31CKI V15IQ8 3YI0N7 ZP9VP2 JNLUAZ JTX77U CGRY7Q 1H61PZ JPKHQ3 28HOYP Q1JK04 WRHYSP QZ9PGU 4FRHPI 69YLJT TLDUUL V32PLE (IF USED, TRY ANOTHER ONE)

coinfeeds-bot

tldr; Crypto exchange OKX has expanded into Turkey with the launch of OKX.TR, a localized platform offering trading pairs in Turkish Lira, including USDT/TRY, BTC/TRY, and ETH/TRY. This move is part of OKX's global expansion plan, targeting Turkey due to its high crypto adoption and transaction volume. The country's economic struggles and high inflation have made crypto a vital tool for wealth preservation. The Turkish government's permissive stance towards cryptocurrency and the launch of crypto initiatives by major Turkish banks are also highlighted. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

r_a_d_

Oh, its not true? Let's take Turkey for example: The CPI for the turkish lira from Nov. 8th 2021 (USD ATH for Bitcoin) to today is 3.28 (https://fxtop.com/en/inflation-calculator.php). A BTC was worth 662,104 TRY then (local ATH was actually in Dec., but lets use this more conservative value). That had a buying power of 2,171,701.12 in today's TRY. Today BTC is trading for 1,591,066 TRY, which 27% less buying power than in Nov. 8th, 2021. I don't think that you are trolling, just misinformed.

MandelbrotFace

You are making my point perfectly. China didn't TRY to ban it, they DID ban it. And that's been great news for Bitcoin on multiple fronts and Bitcoin has thrived since. However, it's not good news for Chinese miners and Chinese people overall.

NBAFansAre2Ply

does anyone actually fall for this shit? protip: when buying upvotes you should buy some comments too at least TRY to make it look organic

Newbie123plzhelp

Lesson I learned long ago. No matter how much you think you have a crystal ball DON'T TRY AND TIME THE MARKET

IAmSomewhatDamaged

I’m too dumb to even TRY to use “airdrops,” so I don’t even bother lol

MrBlowjangles

Gensler to ETF applicants: "Well...*shuffles papers*...I have to say. The submitted ETF amendments seem to fall in line with our requirements. I think we may just be able to move forward with this NO WAIT THE MARGINS ARE WRONG I JUST MEASURED THE MARGINS AND AND AND THEY HAVE TO BE 1.25 INCHES SO UH TRY AGAIN LATER"

michaelinimoto

everytime i TRY to trade i buy the exact top then panic sell the bottom, rinse and repeat. i need to stop

Fear_Blind83

DO NOT REPLY TO ANY DM MESSAGES THEY ARE ALL SCAMMERS WHO WILL TRY STEAL YOUR FUNDS.... That's if this isn't just a troll post....

FrontalLobeGang

HAHAHA for real, and under $50k?! TRY UNDER $69K BITCHES!

Mcnutter

I think the best thing would be to have a sign that says "FUCK CRYPTO GET THE FUCK OUT IF YOU USE CRYPTO CONVERT YOUR SHIT BEFORE YOU TRY TO BUY ANYTHING", thanks.

Royal-Leopard-2928

I think it’s like a general understanding that it can’t be perfect in every way and if you TRY to at least get kind of close to it nobody will bother you because it’s better than so many others :p

analogOnly

Because bitcoin is deflationary (there are a finite number of them) which serves as a hedge against inflationary currencies (fiat) It's the same reason why BTC to the Turkish TRY has seen all time highs this year (Turkey has seen very high inflation). You would require the world currency to switch to bitcoin in your eventual (at some point) view point, which while technically possible, definitely infeasible beyond unlikely.

enqvistx

I mean... USD, GBP, EUR, and most other fiat currencies also keep hitting ATHs if measured in TRY. Source: I am in Turkey.

Aggressive-Analyst28

You have to TRY to get scammed from Reddit dm’s out of your bitcoin

Asesino87

Around 642,615 TRY to BTC it is now 958,984 Lira to 1 BTC.

StackOwOFlow

holup, where was TRY when BTC was at $69k USD?

analogOnly

Definitely, but it's worth noting that BTC/TRY hit an ATH

lee_van_oetz

Not that it takes much from your argument, but there are other currencies in this world that are not shit. Not as important as the ones you've mentioned though. OTH, while BTC is ofc a reasonable way especially in some cases you've mentioned, in other cases, just using one of the currencies you've mentioned in day-to-day life might be a better option. Many Turks would use € rather than TRY, for example.

No-Elephant-Dies

Try leverage trading, try leverage trading, TRY LEVERAGE TRADING! -MEXC

pizzapicnic

BiLira's TRYB stablecoin, pegged to Turkeys lira (TRY), is now the second largest non-usd one of the world's leading non-U.S.-dollar-pegged stablecoin. Since the Turkish lira is so volitile and losing value to usd, the token is most likely used as a medium of exchange for buying other cryptocurrencies

klanh

According to CMC Binance's trading volume ( 24h ) on BTC/TRY has been 13.4 million dollars and in USDT/TRY pair 80.5 million dollars. Doesn't take a a genius to understand that it's not BTC that's protecting the Turkish people from inflation, it's easily accessible digital dollars that is doing it. Sadly people are to high on the kool-aid of crypto being inflation hedge that they don't understand that answer to hyper inflating currency is another more stable currency (USD/EUR/JPY/CNY ), not different highly volatile ( BTC/ETH/whatever ) "currency".

Larirun

I looked it up, it's TRY, XLM, Shib, lunc and pdex

griptuba

TRY is Turkish Lira if I understand correctly?

yoktish

1 USD is currently 27 TRY. So 100 TRY is about 3 dollars 70 cents. We are not too far :( And yes, in January 2021, it was 1 USD = 7.3 TRY. Bitcoin solves this.

Delicious-Tennis-466

Bitcoin is, and should be neutral. It is money for you and for your enemies. Its complete tossers like Ted Cruz on the right and Elizabeth Warren on the left who TRY to make it political. It's not.

TheMissingNTLDR

nice TRY

coinfeeds-bot

tldr; 75% of all fiat volume on Binance, the largest cryptocurrency exchange, is dominated by the Turkish Lira (TRY). This indicates a shift in global dynamics and crypto adoption. The Turkish Lira has become the most preferred currency, surpassing the Euro and Brazilian Real. The popularity of TRY has increased significantly in recent years, with adoption spiking in 2022 and reaching the top in 2023. Binance supports over 380 coins and more than ten fiat currencies, including TRY, Nigerian Naira, GBP, and Australian Dollar. Stablecoins like USDT and TUSD are among the most liquid pairs for trading on Binance. The liquidity and speed of stablecoins make them more convenient for transfers compared to fiat currencies. The survey conducted by KuCoin shows that over 50% of people in Turkey own crypto. The Turkish government has also been experimenting with a central bank digital currency (CBC), the Digital Lira. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

choicehunter

If you've ever read Malcolm Gladwell's "The Tipping Point," it elaborates on how ideas, trends or products reach a tipping point to become widely adopted in society. If we relate the concepts to Bitcoin, then you are absolutely correct that it's not important for EVERYONE to have in-depth knowledge of Bitcoin for it to be widely adopted. That is the job of the "Mavens". Widespread adoption requires a combination of Mavens, connectors/influencers, and salesmen. 1. **Connectors:** 1. Role: Connectors are individuals with vast and diverse social networks. They know a large number of people across various social circles and have the ability to connect individuals who might not otherwise have crossed paths. 2. Relation to Bitcoin Adoption: In the context of Bitcoin, Connectors could be early cryptocurrency enthusiasts who have extensive networks of friends, colleagues, and acquaintances. These individuals can introduce Bitcoin to a wide range of people, helping to spread awareness and create initial interest. 2. **Mavens:** 1. Role: Mavens are information specialists. They have a deep knowledge of specific subjects and a desire to share that knowledge with others. Mavens are trusted sources of information. 2. Relation to Bitcoin Adoption: In the cryptocurrency space, Mavens are those who thoroughly understand the technical aspects of Bitcoin and blockchain technology. They play a crucial role in educating the broader population about the benefits, security, and potential of cryptocurrencies. Mavens provide the information and credibility needed for individuals to trust and consider Bitcoin as a viable option. 1. To a limited extent, many people in here would be considered Mavens if they really understand it well. 3. **Salesmen:** 1. Role: Salesmen are persuasive communicators who have the ability to influence others' opinions and behaviors. They excel at making ideas or products more appealing. 2. Relation to Bitcoin Adoption: Salesmen in the context of Bitcoin are individuals who can effectively communicate the benefits of cryptocurrencies to the general public. They use their persuasive skills to make Bitcoin more attractive and relevant to everyday people. This might include financial experts, thought leaders, or celebrities who endorse and promote Bitcoin as an investment or means of financial empowerment. 1. I personally think Blackstone falls into this role. So do several others, but Blackstone is going to do more here than anyone else. But in a way, they will also be a connector as they are going to make it more accessible to more people fast. The point is, you don't have to TRY to force everyone to be a "Maven" for Bitcoin to be successful and widely adopted. We definitely need Experts/Mavens, but it's okay if some people don't have that personality trait. Let them be who they are. Mavens are likely to be early adopters because they do understand it. Connectors and Salesmen are reliant on the Mavens, but we don't actually have to convert everyone to be Maven themselves. That's the kind of stuff we like, but not everyone will, and that's okay. Let them be who they are and if they are interested, then help them in THEIR way, not your own. It'll all work out...whether people want it to or not, the mavens know the fundamentals are so strong it's going to work out regardless. Basically anyone with a Maven personality gets converted pretty easily, and by the time all the Mavens are converted, the Connectors and Salesmen who rely on the Mavens follow suit anyway. Once those are all on board, the rest of the populace are just half asleep doing "whatever" the Mavens, Connectors and Salesmen have decided on anyway. They'll all come around, even if they don't realize what's happening. Let them be themselves. They'll find out.

teh_d3ac0n

They can try to delay the inevitable. Emphasis on TRY.

Collectibl3

You're never too late! Welcome! Also if anyone ever sends you a DM asking for your vault seed phrase tell them to get lost. Take some time to familiarize yourself with some of these important community beliefs: 1)Not your keys not your crypto! Don't leave all your Crypto on an exchange. You'll want to use a hot wallet (for interacting with an exchange/ DEX) 2)DCA is the best way to play! It'll make your life less stressful. If you DCA once or twice a month, you won't be as affected when the price dips. And you're taking advantage of when the price goes up! 3) DON'T TRY and time the market

Maleficent_Sound_919

The way I read it only the LRC/BNB will dissapear still leaving : LRC/USDT LRC/BTC LRC/ETH LRC/TRY

Beechbone22

I can almost guarantee that this is collateralized by dollar backed assets. If in the future turkish central bank's pivot to more reasonable monetary policy results in the hugely inflated TRY/USD parity going down in the coming few years (unlikely but possible scenario), they're gonna have a bunch of bad debt and collapse. The only reason I'd use this is to go long ETH and short TRY, though I highly doubt anyone would be willing to lend TRY on chain.

Lillica_Golden_SHIB

Yep, the TRY/USD chart is damn scary (not that different when compared to my country's currency though, sadly)

coinfeeds-bot

tldr; A stablecoin called TRYB, which is backed by the Turkish lira, has become the second-largest non-U.S. dollar-pegged stablecoin in terms of market capitalization. TRYB is pegged to the lira and allows users to issue and redeem 1 TRYB for 1 TRY. The stablecoin has seen a surge in market cap, quadrupling in just three weeks to reach $136.10 million. However, despite its growth, Tether's euro-pegged stablecoin EURt remains the largest stablecoin in the world. TRYB is primarily used as a medium of exchange currency in Turkey, allowing users to convert their lira into cryptocurrency and vice versa. Stablecoins like TRYB are widely used in crypto trading pairs and serve as a means of payment and store of value. While TRYB has gained traction in Turkey, USDT remains dominant. The article also mentions the volatile market cap of TRYB and the company's approach to minting and redeeming tokens in batches to avoid high gas fees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

coinfeeds-bot

tldr; TRYB, a new Ethereum-based stablecoin pegged to the Turkish lira, has emerged in Turkey as an alternative to dollar-backed stablecoins like Tether and USD Coin. Administered by Istanbul-based BiLira, TRYB allows users to exchange 1 TRYB for 1 TRY and is backed by 100% fiat reserves held in Turkish banks. Despite the Turkish lira's volatility, TRYB serves as a medium of exchange, enabling users to transition their Turkish lira into cryptocurrencies and vice versa. It is expected to act as a means to access other cryptocurrencies and US dollar-pegged stablecoins, rather than as a rival or replacement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

coinfeeds-bot

tldr; A stablecoin called TRYB, which is backed by the Turkish lira, has become the second-largest non-U.S. dollar-pegged stablecoin in terms of market capitalization. TRYB is pegged to the lira and allows users to issue and redeem 1 TRYB for 1 TRY. The stablecoin has seen a surge in market cap, quadrupling in just three weeks to reach $136.10 million. However, despite its growth, Tether's euro-pegged stablecoin EURt remains the largest stablecoin in the world. TRYB is primarily used as a medium of exchange currency in Turkey, allowing users to convert their lira into cryptocurrency and vice versa. Stablecoins like TRYB are widely used in crypto trading pairs and serve as a means of payment and store of value. While TRYB has gained traction in Turkey, USDT remains dominant. The article also mentions the volatile market cap of TRYB and the company's approach to minting and redeeming tokens in batches to avoid high gas fees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

coinfeeds-bot

tldr; A stablecoin called TRYB, which is backed by the Turkish lira, has become the second-largest non-U.S. dollar-pegged stablecoin in terms of market capitalization. TRYB is pegged to the lira and allows users to issue and redeem 1 TRYB for 1 TRY. The stablecoin has seen a surge in market cap, quadrupling in just three weeks to reach $136.10 million. However, despite its growth, Tether's euro-pegged stablecoin EURt remains the largest stablecoin in the world. TRYB is primarily used as a medium of exchange currency in Turkey, allowing users to convert their lira into cryptocurrency and vice versa. Stablecoins like TRYB are widely used in crypto trading pairs and serve as a means of payment and store of value. While TRYB has gained traction in Turkey, USDT remains dominant. The article also mentions the volatile market cap of TRYB and the company's approach to minting and redeeming tokens in batches to avoid high gas fees. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

mertats

Man this comment section is full of dumb takes. It is stable as in you will get 1 TRY, if you redeem 1 TRYB. It is not trying to be dollar stable. Is this concept really that hard to understand?

Echbart

TL;DR: The TRYB token, backed by the Turkish Lira (TRY), has become the world's second-largest stablecoin not pegged to the US dollar. This development signifies growing interest in non-dollar-pegged stablecoins and suggests increased stability in the crypto market amid global economic uncertainties.

Kricket

Shit, you know me: I have to at least TRY the snack wrap.

Davess010

It's all relative to the currency it's measured by. So BTC can be worth 28K USD and 26K EUR. If EUR/USD increases, BTC can be worth 28K EUR and 28K USD. If the currency that it's measured by has hyper inflation like ARS or TRY, then the value of BTC in this currency increases, while the value in USD remains the same. BTC is not becoming more valuable, instead the ARS or TRY is becoming less valuable and therefor the amount needed to purchase a BTC is increasing.

realt4real

You should really try to learn more about bitcoin and why the price moves up and down for what reasons. Nobody can predict the future and different people have different reasons and believes about investing. Don't take advise blindly but try to learn and understand it yourself. You're the one responsible for your money, investments and actions. Having the intention to make money fast is not a good way to look at bitcoin. You can also lose money fast! You'll be more likely to gamble or trade with leverage or money you can't afford to lose. Play it safe instead, especially when you're starting out. AND DON'T GET SCAMMED BY STRANGERS ON THE INTERNET. PEOPLE WILL TRY TO TRICK YOU IN YOUR DM'S!!! DON'T TRUST STRANGERS WITH BIG SMILES.

002_timmy

Lol, NICE TRY $5 WRENCH ATTACKER! But truthfully, I have a “forever” storage that is kept locked up in a safe within a safe that has all my Bitcoin. I also have an semi-cold storage that I keep in a safe in my office that has my ETH, MATIC, ADA, etc that I use semi regularly, but still want to protect more than a hot wallet

StamInBlack

Couldn’t they at least TRY to put it through third party hands? At this point the obstruction is blatant.

EastBeasteats

Dude my heart goes out to you. I'm glad you have the lucidity to realize that regulators exist for a reason: to TRY to keep our money safe at the banks. With crypto, there's nobody trying to keep our money safe at all. If it makes U feel any better, I too have lost 6 figures, albeit legitimately to bad bets on the market. It took me years to recover the losses by changing my investment style. But recover i did. And so will you. Give it time and as others have said, let karma do its thing.

Dazzling_Marzipan474

So sell my USD for TRY and then buy TRY/BTC?

Elgato_TJ

Is the TRY considered a shitcoin

maynardstaint

And again, you fucking losers are posting things from 2017. Ethereum is Proof is STAKE. Anything you MAY have thought about it pre merge is not accurate anymore. You can not prove decentralization in the ethereum alliance. All you can PROVE is total number of wallets. But there is a video of Joseph Lubin teaching whales how to disguise their identities; specifically so that they can disguise how much they own, and who owns how many. And yet you profess this to be equal to or better than Ripple? Based on the 0 information you have. You are just another bot. And I know this because they have a cut off date for information that you can access from chatgpt, for you to get this wildly false and outdated information. I am not butthurt. I am simply clearing up the MANY false statements both OP and yourself have chosen to TRY to disseminate. YOU, however, are a BOT. And a spreader of false information.

Sly_daedalus

I smoke 5 hopium joints a day waiting for the mother of all bullruns, TRY ME!!

rorowhat

I'm personally going to wait till the next bull and TRY to sell...lock in some profits before buying the next bear.

schmopfkerzen

r/therewasanattempt ==> $TRY

mesutdmn

I'm from Turkey, and the thing that makes me happy is that I have more money in BTC/ETH than TRY in the bank, this way I am not harmed by the course of our currency.

Potential-Coat-7233

Disclaimer: I hate crypto. But if you’re going to try to make money, find a project you understand and believe in and DO NOT TRY TO TIME THE MARKET

that_bulgarian_guy

That is a very isolated view, considering you only observe one universal currency in the post. There are different kinds of crypto, some are inflationary, others deflationary, some are neither(0%) Take a look at Turkey for example: Their national currency drops in value as a result of the central banks actions and the government policies for exports. So the people buy up crypto to protect themselves from the massive loss of value of their money. Do they spend less? Probably, compared to their spending when holding TRY Do they save more? Yes, because crypto isn't devalueing nearly as much. Did the change in value influence the lifestyle of the people there for the better? Definitely yes In the end with the increase in purchasing power, the average person is happier. In the end the alternative currencies benefit the people. When you look in the macro picture, deflationary spirals increase savings and reduce spending, which leads to lower/negative economic growth. That's mostly bad for the country, that's why governments try to keep a 2% inflation rate.

MichaelAischmann

Sometimes it's good to take a foreigners perspective: * BCT/EUR: +45% YoY * BTC/USD: +50% YoY * BTC/INR: +58% YoY * BTC/CNY: +62% YoY * BTC/KES: +80% YoY * BTC/TRY: +105% YoY * BTC/RUB: +129% YoY * BTC/NGN: +198% YoY The Nigerian Naira lost 80% of its value against the USD alone in the last week. Measured in NGN, bitcoin is just about 5% shy of a new ATH (9% for Turkey).

mbdtf95

HAHAHA NICE TRY BOZO. This is not even Zach's address. Nice try though.

oak1337

1. Not shilling. I posted an article about a crypto in the crypto sub and I'm discussing it. 2. HBAR Foundation, DLT Science Foundation, etc treat all projects the same. TRY THE PRODUCT FOR FREE (limited time offer, limited duration). 3. Governing Council Members (aka the corporations you hate so much) have 1 vote each, 3 year terms, and 2 maximum terms. This means Google and the London School of Economics (both GC members) have an EQUAL vote. For the GC to pass anything, they need either a majority 2/3 or unanimous vote (depending on the topic). I could go on and on, but something tells me this is going to fall on deaf ears. Do your own research. Corporate and enterprise use cases are the key to mass adoption of crypto, yet when it's happening, idiots like you can't see the forest for the trees.

M1K3_B13N

it blows my mind that companies, especially Coinbase, that TRY SO HARD to stay compliant, literally ASK THE GOVT for help in staying compliant, and our fuckin govt slaps a big red label saying LAWSUIT on it instead of actually HELPING TF is that bullshit?! WHY is this bullshit OK?! begging for clarity, spending millions to achieve an answer, yet SEC says "nah fuck u guys we don't want it so we're just gonna point out all the things you've been asking for help for as u breaking the law". so, in terms of innovation, should any crypto project just "stand by and wait" instead of develop IN FEAR OF THE GOVERNMENT simply bc They don't want it. fuck the dinosaurs over there man

Spicoli007

My problem is I TRY to kick my costly bad habits so I can afford the crypto addiction, but then the old bad habits come back and now I'm stuck with the added crypto habit. True degen right here.

BANKSLAVE01

PLEASE TRY THIS AT HOME, KIDS. (withdraw cash over 5k) IT'S NOT FUN, BUT DEFINITELY ENLIGHTENING.

No_Bag2831

I randomly chose TRY for the example. It's an arb strat I'm curious about. It probably won't work as it'll accrue fees like crazy but I'm bored so...

Rez1009

Yes you could trade into TRY from GBP via BTC or USDT. I’m curious why you want to do this. Are you betting on TRY strengthening after the Turkish elections?

Jazqa

How does this help OP at all? They never said they’d want to pay with crypto, just that they’d want to trade with a foreign currency (e.g. resising in UK, but more comfortable using TRY).

SkuniMasterMind

I dont know about exact use of TRY to GBP - but in general it lets you do that. On the other hand, im not sure why would you want that as end goal is indentical and you will just aquire aditional fees along the way

Flangepacket

DONT TRY THIS AT HOME, KIDS. You are almost 100% guaranteed to fail.

MichaelAischmann

USD is actually not that weak against many other currencies such as KES, TRY, CNY & JPY. It is certainly down in purchasing power & against the Euro. But it could be much worse.

elysiansaurus

I would probably clarify what TRY is. All I could find was random shitcoins until I realized you are probably talking about Turkish Liras

AwkwardHamburge

If you wanna get a glimpse of what BTC will do in the future, take a look at BTC/TRY chart.

AwkwardHamburge

BTC/TRY chart looks primed for a new ATH too xD Imagine you're Argentinian or Turkish and you kept converting your fiat to BTC all along. You'd definitely have beaten inflation by a long shot. Bitcoin is truly a hedge against inflation, we just can't see it yet.

NiceAsset

No that means they could TRY but I doubt there is $25k worth of USD sitting ready to exchange for moons on the open market

Roy_Playz

NICE TRY AI! I won't answer your question

DAMG808

Dude, at least TRY to make it look like you wrote this. It's so obvious it hurts. Sigh.

Electronic_Kick

I' not a religious person but... PLEASE GOD, LET SOMEONE TRY !

The_Nod_Father

I will NEVER stop buying drugs online anonymously with cryptos. BAN IT. TRY TO CATCH ME. Do whatever the fuck you can/want but I will NEVER EVER IN MY FUCKING LIFE stop buying drugs online. End. Of. Story. Period.

Umpire_State_Bldg

If you understood: * What money is * History of various forms of money * What makes certain forms of money "better" (stronger) than others * What Bitcoin actually IS * The basics of how Bitcoin works * What central banks are * How fractional reserve banking works ...then maybe your *opinion* about this would matter. Sounds to me like you're going to miss out. Remember me: ten years from now. Somebody who took the time to learn all of the above, and more, took the time to TRY to explain to you. But, you're just going to have to miss out. Not my problem.

mesutdmn

TL;DR He saw “TRY AGAIN” in the wallet

Scrapin-Nee

This is KEY. Buying BTC on a Dex P2P isn’t that hard and most of this sub could do it. You just have to TRY IT. Worse case it isn’t for you. If you truly believe in Bitcoin this is how it is meant to be used. Peer to Peer. I haven’t used Coinbase in half a year and I was class of 20/21 just like a lot of you. Started from buying on PayPal, to getting burned on shitcoins/staking, then cold storage, to using my own node, to using Dex’s like BISQ. Just take it one step at a time…

BiteMaJobby

You want a god damn fucking bet I can lose it faster than that!! #TRY ME!!!

massimoed

That stat is extremely misleading. 90% who TRY day trading lose money.

imabigdealhere

"Anyone on here who hasn't used Brave should try it." I tried it and its no joke, it is now my default. I'm thinking that coming up pretty soon we will see Brave browser being adopted by more and more people, they just need to be shown the way. ​ **HAY HEY HEY HEEEEEEEEY** \~\~\~\~\~\~\~ YOU SHOULD TRY THE BRAVE BROWSER!!!

gjallerhorn

It's like you didn't even read what I wrote. I said EVEN IF YOU ARE USING AN AUTHENTICATOR APP COINBASE WILL STILL TRY TO BLAME IT ON A SIM SWAP

Castr0-

if your family is not prepared you will not want them to talk about crypto. BUT IF YOU ARE WILLING TO TRY, you can start a conversation like... Crypto seems to be a shady/not a good thing what you think? And according to their answer you choose if you want to continue or not. Is the safest way.

thinkmoreharder

The dollar is having a lot of problems as the Govt over”printed” the last 14 years. I’m sure the politicians would be willing to destroy as many companies or even kill as many people as necessary to TRY to keep control of the global economy.

Roy_Playz

Damn bro the IRS really coming in here with 1 moon on their account to entice us. NICE TRY

coinfeeds-bot

tldr; Several cryptocurrency companies have pledged over $9 million in donations to aid the victims of the massive earthquakes that hit Turkey and Syria early Monday morning. Binance CEO Changpeng Zhao tweeted, “Time to take care of our users,” adding that the exchange would airdrop $100 (1883 TRY) in BNB, totaling $5 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

kamikazechaser

> We estimate the total donations will be around $5 million USD (or 94,000,000 TRY).

valiumonaplane

Started on a python script yesterday. It will use: df['twitter_sentiment'] = df['twitter_sentiment'].replace(to_replace=['positive', 'neutral', 'negative'], value=[1, 0, -1]) df['news_sentiment'] = df['news_sentiment'].replace(to_replace=['positive', 'neutral', 'negative'], value=[1, 0, -1]) df['google_trends'] = (df['google_trends'] - df['google_trends'].mean()) / df['google_trends'].std() df['transactions'] = np.log1p(df['transactions']) df['mining_hash_rate'] = np.log1p(df['mining_hash_rate']) df['reddit_activity'] = np.log1p(df['reddit_activity']) df['inflation'] = (df['inflation'] - df['inflation'].mean()) / df['inflation'].std() df['stock_market'] = (df['stock_market'] - df['stock_market'].mean()) / df['stock_market'].std() df['holders'] = np.log1p(df['holders']) df['unique_holders'] = np.log1p(df['unique_holders']) df['growth'] = (df['growth'] - df['growth'].mean()) / df['growth'].std() df['world_population'] = np.log1p(df['world_population']) df['future_prediction_holders'] = np.log1p(df['future_prediction_holders']) df['future_prediction_users'] = np.log1p(df['future_prediction_users']) As inputs to TRY and predict the btc price. Thanks for the dates btw. If anyone can think of more data useful for btc price prediction (i know it's pretty impossible to predict the future, but I've predicted sales and demand PRETTY close with ML before so, worth a try :) I will ofc also use btc historical prices, and for each major price movement either up or down, I will webscrape a buuunch ofweets and news a week before it happened, and EVERYDAY until it stabilized, to try and find out why, EXACTLY why. I just remembered i need to add btc kept in wallets vs exchanges, and the Flow (is more being kept on or off etc + whale data)

OfficialSuperSai

Only Months? TRY TAKE A LOOK AT LUNA