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101  Economy / Speculation / Re: Are you increasing your bitcoin investments because of today halving ? on: May 04, 2024, 05:53:09 PM
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.

For sure on how the market reacts I'm increasing and still accumulating Bitcoin today, I was really expecting the market price of Bitcoin to drop on the day of Bitcoin halving since that is probably what happened in the past halving, especially in the last Bitcoin halving where I actually learn the hard way, thinking that the Bitcoin halving is going to boost the market I ended up selling a huge percentage of my Bitcoin last time, I mean for sure we could expect in theory that the market is going to react in the Bitcoin halving or going to increases its market price because Bitcoin halving is going to lower the supply right, but there was a delay on its effect not to mention we have some kind of network congestion that time, there were just a lot of factors plus network needed to adjust in the coming months in order to see the effect of the supply, there are also miners that would probably sell since they needed to take profit.
102  Local / Pilipinas / Re: Crypto airdrop seminar on: May 04, 2024, 04:44:01 PM
Nakita ko na rin ito sa Facebook at sa mga social media in fact naging issue pa nga ito kung hindi ako nagkakamali dahil airdrop na lang ay ginagawan pa siya ng seminar, I mean sa opinyon ko naman wala naman talagang problema sa mga seminars about airdrop in fact magandang tulong pa nga yun para maturuan ang mga kababayan naten dahil alam naman naten dito na malaki rin talaga ang pera sa airdrop kung alam mo lang ang ginagawa mo at matagal kana sa cryptocurrency space, malaki na rin siguro ang nakuha mo sa mga airdrop, kaya maganda rin ito kung ituturo naten kahit na research research lang itong airdrop pero pera talaga ito kung suwertehin ka, ang pinkaissue lang naman talaga dito ay sa mga seminars, dahil yung mga seminars na yun ay mayroon pang bayad which is sobra rin naman talaga sa tingin ko dahil research lang naman talaga yun at kelangan mo lang din maging updated sa mga nangyayari sa mga bagong projects.
103  Economy / Gambling discussion / Re: How my gambling life started. on: May 03, 2024, 08:34:11 PM
In years past before the casino and other online gambling bet platforms was discovered and brought to our knowledge, I and some family relatives used to play the card games but on the sequence some of us were becoming unserious in the game that it wasn't competitive so, we decided to have stakes with little amount of cents of $ which we could afford to loose just to buckle and cheers everyone up.
Time goes where we increases the stakes to make us more serious to the extend we began to bet about $1 which we can afford to loose at other expenditures but it seems unbearable loosing it on the caused of betting.
On a serious note, we saw this as a mere bet of competitions and not as gambling. As we advances, we saw it as a domestic gambling and not as the wild gambling that could cause one emotional outbreaks.

Time goes that it becomes unusual that we began to feel offenced and rebelled that we as relatives(1 family) are extorting from each other without empathy for one another and then, we unconciously grew wild developing in sentiments, greeds and taking it as an avenue to make profits.
Alongside, it was more of serious business than the just fun.

Then the casino and other online bet platforms was introduced in time. This was how I was exposed and my begining of gambling life!

Probably we all have experiences as a kid on friendly games, where we just want to have a little thrill and make it more fun, I mean it was pretty common for sure if you just played for nothing, it wouldn't make you play serious in some situation since you don't really have anything to lose at some point, even though you lose the game then you lose that just how it works right, you didn't really have to lose anything on that probably just pride, but it was still normal to lose sometime. Putting some kind of bet on this is going to make it more fun and serious for sure since it would include reward, or most of the time money betting, I usually do this on basketball games, which is pretty common when I'm still high school for sure for quick money if you're a good basketball player, you could easily make quick money, as well as you just wanted to just play as well since just scoring, shooting, running etc. is already fun. I would say that its probably where I stated to start gambling as well, and probably if you are familiar with carnival which is pretty popular here in my country I was really addicted to those carnival games.
104  Economy / Economics / Re: Personal Financial Goals vs Government expectations! on: May 03, 2024, 05:08:50 PM
Have you ever thought about this, what we are trying to achieve in our personal financial life is completely diverge from what the government expects their citizens to do.

We as Individuals always thrive to achieve financial independence in our lives especially someone who is from the average middle person but what the government expects from the middle class is different and is kind of surprising when we give deep thought about it, The Government highly relies on the middle-class tax payers for the money and most of the taxes collected in the form of indirect taxes so that people may not actually aware that they are paying taxes for everything from their salary, fuel, medicine, anything everything has taxes that eat most our earnings.

So as a result we are paying from 10% to over 50% of our earnings just in the form of taxes in one or another way. So one who really wants to achieve financial independence should find a way to reduce their tax pay legally like how the businessmen do.

Or like the bald guy says, we need to find a way to exit the Matrix. Cheesy

I would say that it is kinda of impossible to find a way to exit the matrix here since we are all controlled and managed by the government I mean we have a government in every country and that is just how it works even in different countries they all have their own government so we can't really escape paying taxes not to mention the fiat money system is the best Ponzi scheme ever, earning money where the government could just easily print money whenever they want, we are the one paying the price by inflation. I mean probably you could if you're gonna do it illegally, in my first job the company didn't really pay taxes, there was no official receipt etc. Since the owner has a lot of connections etc. I guess you could it just wouldn't be legal.

The thing here is we are the ones that needed to adjust since there was just nothing that we could do, I've realized a lot of things because of the low income, if you really wanted to have financial independence you need is have a financial foundation and knowledge on it, One of my favorite quotes that I apply is, do not buy anything that you can't afford. Sometimes there are just things that we buy that we can't really afford that is why we are having a hard time with our financial things. I learned from a financial advisor to save a lot like 40% of your income, which is going to actually be a good thing in the future, I invested a lot and now I can see that it is already working in my financial achievement, Having the financial foundation like savings, emergency funds, insurances, investments, etc. is actually the best advice and would make your cryptocurrency investment long term hold easy.
105  Economy / Speculation / Re: When will the real bull run begin? on: May 03, 2024, 09:44:57 AM
I've already said it many times here in the forum, we don't have an accurate date when will the market is going to move since market movement cannot really be predicted for sure, but the pattern that we could rely on is on the Bitcoin halving timeline, If we are going to base on that the possible date is going to be 2025 since its about 365 days usually around 1 year after the Bitcoin Halving that is where we could see a huge rally where the Bullrun could comes.

You have already held for a long time already and invested your money accumulating Bitcoin I would say that one more year is not really going to actually hurt in the end, either way, it would still depend on how are you going to plan your exit, but if you have a good financial foundation you could easily survive bear market it doesn't really matter I guess if your planning to hold long term anyway, just make sure you have other sources of income and for sure you could hold until the Bullrun.
106  Economy / Games and rounds / Re: [FREE RAFFLE] Blackjack.fun 🖤 Prize $50 in Bitcoins | Round #2 on: May 03, 2024, 09:33:09 AM
65 & 61 - Asuspawer09

Username: Pawer
Thank You!  Smiley
107  Economy / Speculation / Re: After the dip in crypto, when are we expecting ath? on: May 03, 2024, 03:25:29 AM
With the information I gathered about cryptocurrency, I had interest and decided to buy some coins.
Being fully aware of the volatility of these coins, I was patient and did not panic as their were various degrees of ups and down and was told that this year is the best time to invest in crytocurrency due to the bitcoin halving which has taken place. I have been watching my coins dropping everyday in value thereby inducing fear in me as the value of what I invested has been on the continuous decline.
I do not know how soon they will begin to rise again.

No one for sure knows what is going to happen in the market at this point, but if we are going to base it on history, we can use the Bitcoin Halving timeline as a basis of how the market is going to react in the latest Halving, most of the time the market price needed a lot of time in order to see the effect of halving so that it is going to be a catalyst or some sort of trigger in order to see the Bullrun, it is usually around 365 days before the market could react and see its effect, not to mention we have a lot of innovation and news about Bitcoin that also a huge help on Bitcoin adaptation and popularity. A good example of that is the Bitcoin ETF, El Salvador news, etc.

For sure we are all expecting the Bullrun but the pattern is around 2025 so that is probably where the Bullrun is going to take place we just don't know yet, what I do is just continue to accumulate until that Bullrun since I have a kinda stable source of income at least since I have a full-time job, for my living and expenses, bills, etc. As a side hustle for buying and accumulating Bitcoin, as long as I could survive I could hold my Bitcoin for the long term and expect a much higher profit in the future, so I really recommend having a stable income before accumulating and investing in Bitcoin to avoid losing money.
108  Economy / Collectibles / Re: [FREE RAFFLE] 561st ฿ECAUSE I AM STILL IN A GOOD MOOD-CYPHER HODL LOADED ฿ALLET on: May 03, 2024, 01:53:25 AM
10 - Asuspawer09

Thank You!  Smiley
109  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: May 02, 2024, 05:51:58 PM
Based on the pattern on the chart, it seems like Bitcoin is going to correct itself but to what extent, no one knows.

We can clearly see that BTC hasn't been able to cross its previous highs after each dip recently which indicates that there is a bearish momentum going on.

So can we expect a major correction or it's going to go up again and reach $80K before halving?

Let's discuss.

Regards
SK

Probably I was expecting at that range if the resistance break because the market price just skyrocketed in the past month and there was only few corrections that actually happened so there might be an even better deep in the coming year, we just don't know but I think it is possible even deep unto 20k$- 30k$, but probably might hold up on 40k$ since we did get a lot of money into Bitcoin when the Bitcoin ETF launches, it really trigger the market so probably it is going to hold up until the Bullrun but surely it wasn't a guaranteed thing. I mean if we are going to followed the Bitcoin Halving timeline it would still need a year before the Bullrun appear, waiting for the Bitcoin halving to take effect, so in that year a lot of things that could happened even things that we never actually experience before, probably Bitcoin could start to skyrocket early or actually drop to a very low market price, there were just too many factors that is affecting the market price so what we just need to do is hold our investment until Bullrun. As long as you have multiple sources of your income there might be no problem holding since that is what I'm doing, I have a full time job and side hustle so far, I accumulated Bitcoin and still holding it, huge percentage for sure was bitcoin.
110  Bitcoin / Bitcoin Discussion / Re: Now that Bitcoin halving have been completed, what next? on: May 02, 2024, 04:09:10 PM
Bitcoin halving was one of the greatest events all Bitcoin lover have been looking forward to. The implication of this will be that miners will have lower reward for mining Bitcoin which will lead to reduction in the quantity of free Bitcoin entering the market. As expected, this is meant to create scarcity and in turn increase in the price of Bitcoin. Many predictions have been made and that leaves one to imagine:
  • What path will Bitcoin chose following the halving
  • If this event will lead to more Bitcoin related innovations?
  • If this will lead to more people getting involved in Bitcoin

While I am optimistic that market will respond positively to the halving, initial reaction does not seem to support that, hence many will be wondering what is going on.

Probably just wait for the next thing that is going to happen, just be updated with the cryptocurrency space news I think, we don't really know what is going to happen next or what the next thing could happen, it was all just gonna depend on what the community is going to do, so just get updated with the news I think, Of course don't forget to bag a lot of Bitcoin accumulate a lot while you still can since we are all hoping for the huge pump in the coming Bullrun. I mean there are a lot of projects and innovations that might be related to Bitcoin and that can be a catalyst or something that might trigger the Bitcoin market to skyrocket and trigger the Bull Run.

I mean the Bitcoin was adapting anyway, compared to the past years it's already integrated and used by a lot of companies, banks, etc. Here in my country, it was already used in E-wallets and even offered as an exchange on some banks where you could buy and sell cryptocurrency, so it's adapting really fast in my opinion so, for sure there will be a supply issue considering the Bitcoin Halving we could surely see its effect in the coming year. Might be great to buy some of the rumors in the market since that is mostly where the hype begins and then possibly be able to make
111  Economy / Gambling discussion / Re: cash out or let it ride? on: May 02, 2024, 02:30:19 PM
It might not be worth it I think, with the 50k$ cashout without any risk, I would definitely cash out at this time for sure, because for sure 50k$ was already a good amount I think considering it 100k$ I think the best option was to cashout here already, rather than just losing it all. I mean you surely made your profit on 1500k$ I mean like a huge amount of profit already, I mean 1500k$ was surely a huge bet even though you do gamble a lot and this 50k$ wasn't a big deal and you wanted to make more like 100k$. Just remember most of the topics here telling everyone not to get greedy. So it was one-sided I think cash out is the best option here and then take out a huge percentage of it on your savings account then probably like 20 percent to continue playing. I mean I do NBA bets as well, but wasn't on this level most of the time my higher bets were just around 100$ but still a good profit, it was kind of fun and entertaining at the same time since we are all NBA fans so I think its already a good profit, having that fun and getting the 50k$.
112  Economy / Economics / Re: Surviving in this economy needs a new minds set on: May 02, 2024, 12:09:25 PM
With the economy, and increasing inflation rate in my country it was really difficult to survive especially if you are just a minimum wage earning it was for sure going to be difficult just to survive because it is not enough at all, probably your just going to eat and barely pay the bills with your job, but not really to the point where you could eat and buy what you really wanted, I know a lot of people here in my country that is leaving that life to the point where they are already getting depressed, since they were just slave that is just working and working, not really gaining anything or investing anything in the end.

I mean you are actually right in my opinion, I personally have a realization about it, learning it the hard way, I have a full-time job that has low pay, it's above the minimum but still wasn't enough considering I'm just alone, I don't really pay rent, since Im still living with my family, and the bills are split to four people with my sisters, it was actually great, but considering that I barely have any investment and savings, If I'm going to imagine living alone paying rent and bills I don't think I could even survive with my job. So I realize a lot of things through the years, and I learn a lot of it, from an advisor, that actually changes my mindset. I started investing a lot for my future, probably doing to some rules, one thing that struck me was when I heard the quote, Do not buy anything that you can't afford, which is actually true for a lot of people we tend to buy things that we can't really buy, then just end up paying the price for it.

One youtube also make me realize what you can do in just a short amount of time if you are just going to put up your one hundred percent because a lot of people are just getting there time wasted on social media probably a few hours and just on phone scrolling, but if you just put that extra hour on something that could make you an income it is going to make a difference. If you want to make a difference to something stop being lazy and grind every hour. If you are making 20$, and put up the extra hour you might get 10$ extra.
113  Other / Beginners & Help / Re: Does it mean the poor can't breath anymore? on: May 02, 2024, 10:54:21 AM
I think there were just some newbies that weren't doing enough here, I think they weren't really getting attacked like actually bullying newbies, if that is what you're talking about you could probably give some example of that so that we could see it and discuss about it, you could quote that example on your topic. What I think is happening is they were just getting corrected by higher members here who already know how the forums work, I think it's kind of natural for some members to have comments especially if they are seeing something unusual to them.

I know we are all once a newbie, and probably made some mistakes as well when we were just getting started, but if you are doing things wrong, like for example, you are spamming, there will be members that are going to call you out for that, that just means that as a newbie you're not doing enough because you're not reading enough and following the rules. As a newbie, it's obviously your responsibility as well to follow, read the rules, etc. I mean they could easily take that as an encouragement, or probably just teaching newbies, I don't really see members here bullying but just telling them that they are wrong. I don't see any problem with that, if someone corrected you then you should probably take it as a good thing, then learn it again so that the next time you already know what you are saying.
114  Bitcoin / Bitcoin Discussion / Re: If someone you introduced to BTC says the risks of her funds is on you on: May 02, 2024, 07:54:24 AM
I wouldn't really going to recommend taking funds from someone just to invest in Cryptocurrency or Bitcoin, I mean we already know the how risky it is on be on cryptocurrency so we should be extra careful especially if you are going to take funds from someone, because if you take investment money from someone they might say that it might win or lose, but they surely going to expect a return from you which is not going to end up well for sure because market is not predictable. Even though we could say that market price is going to be a profit in the coming months it wasn't going to be a guaranteed thing at all.

What I would advice in this kind of situation, is never to take any money from anyone because it just going to be a huge problem in the end, what you should say to someone who wants to invest is to actually invest it by himself, so he or she needed to do the hard work, needed to do the research on there own because it involved a huge risk, so that if they lose that money it is going to be their fault. Just don't encourage them to invest at all instead discourage them telling them all of the disadvantages and worst things that could happen, after that if they still want to invest after hearing most of it, then let them process and probably guide them, or else guide him to this forum where he/she might learn a lot.
115  Local / Pilipinas / Re: Listahan ng mga Crypto Platform, Trading Platform Blocked by SEC on: May 01, 2024, 11:59:28 PM
Pa-update OP ng status ng Binance app, hindi na siya gumagana kahit anong gawin. Di ko sure kung kasama sa consideration mo yung parte na gumagana siya sa VPN kaya di ko sure. Error na yung lumalabas kapag binubuksan ko yung Binance app.


Sige kabayan ichecheck ko ulet ang status, hindi ako aware hindi na rin pala gumagana ang application nila, ang balita ko inalis na rin sa launchpool reward ung Pilipinas. Kase sa akin so far nagagamit ko pa rin ung Binance Application sa mga maliliit na transactions ko and naoopen ko pa rin naman siya. Baka nagkaproblema ka lang sa connections noong sinusubukan mo iopen, double check na lang muna dahil working pa saakin naoopen and nagagamit ko pa rin ang Application.

So far yung website hindi ko na maacess noong nakaraan lang gumagamit ako ng mga free VPN ang working siya sinubukan ko ulet ngayon medjo nagkakaproblem na siya sa mga free VPN, mayroon akong nakitang method na nagpost dito sa forum, on computers or laptop kailangan lang palitan ung IP protocol i think and maaaceess mo na ang Binance website not sure if working pa yun ngayon. Mukang naghihigpit na rin sil, pero susubukan ko ang ibang VPN kung gagana pa ba ngayon.
116  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: May 01, 2024, 11:37:45 PM
In my opinion yes, it is considered to be gambling since you are risking your money in order to win, but the only thing is it's going to be a different reward, it's not going to double your money something like that instead your getting stuff toy or some reward. But more like a scam  Grin since I never actually win on a claw machine, I guess if you are a skilled claw machine player it might be a good bet but in my opinion, the chances of winning are very slim so might not be worth it because the quality of your reward wasn't really that great considering your paying a lot for such a cheap stuff toy.

But I guess the good thing here is most of the people that use the machine are just playing for fun because it is really something that you could be proud of with your friends or probably girlfriends if you win a prize then give it to them, it would make you look good as a skilled player  Grin so even though it was kind of a scam not winning, but the moment you win it was really worth it and fun at the same time.
 
117  Economy / Economics / Re: How safe is it to keep your money and gold underground? on: May 01, 2024, 11:16:24 PM
It's pretty much a good idea I think if we didn't have the technology today, putting your money or gold underground is the best thing in my opinion since it has more advantages than its disadvantages. But if you're going to do that today I think it wasn't applicable at all since you need to consider a lot of things before even doing that, you need to consider its security if you're going to put it on the ground someone might get lucky digging it up and see your money, you also need to protect it from a lot of things that might destroy it like floods, so you need to put it to some kind of container, you need to find a good location probably it's the best if you have a some kind of backyard right? because if you're just gonna put it on public land it might be an issue.

Things are not ideal on today, it's not going to earn a good interest at least, plus the main thing I guess is it not going to be accessible compared to the traditional banks or E-wallet because you could easily access that compared to this one where you need to dig everything you needed the money unless you're going to actually store it on long term, I mean every time you want to put money you needed to dig again, its kinda hassle and risky as well if you exposed your money.
118  Economy / Speculation / Re: Simple prediction: 2024 bitcoin at 200.000 dollars on: April 30, 2024, 07:58:44 PM
Probably a very low chance that the market is going to reach that market price, especially this year only, 200 in the market price is going to take a huge amount of cash that needs to be put into Bitcoin, not to mention it needs a catalyst or some sort of trigger in order to have a huge rally where the market could skyrocket on the top and break all-time high.

I would think that the price is gonna be able to reach that, it just wasn't going to be on the halving day, it's true that the halving has a huge effect on the market but it would take some time before it is going to have its effect in the after usually, it takes around a whole year before even it starts to take effect and start a huge rally of Bullrun, in my prediction the market price of the Bullrun all-time high is probably going to be around 150k$ but 200k$ seems to be doable I think.

As expected the market price started to drop down, and I think it was meant to happen on the Bitcoin halving but there were just some delays in the market movement due to high transaction fees.
119  Other / Beginners & Help / Re: Bitcoin for newbies like me on: April 29, 2024, 06:00:11 PM

For those of us who are new to the world of Bitcoin and cryptocurrency ;

Bitcoin offers a new and improved way of transaction and before getting into it, you should keep your self highly informed

Before going into bitcoin what you should know:
1. You have to secure your wallet: it is very important you protect your funds and transactions. Bitcoin provides you with strong security measures when used correctly.
2. You should know that bitcoin transactions are irreversible once confirmed unless the receiver decides to send it back.
3. The Price of bitcoin is unpredictable though certain conditions, news and information when utilized well can help u make proper predictions
4. You should know that despite bitcoin not been any countries currency, some countries might still attach tax and other commissions.
5. Bitcoin transactions are recorded in a ledger known as Blockchain and its made public to users, as such lies can’t be told Concerning a transactions.

The more experienced members should share or add more informations concerning bitcoin on this.

I mean this was really necessary for a lot of new traders for sure to have some knowledge before even starting doing invest in cryptocurrency, you don't really want to put money on something that you don't really have any idea right, it would actually going to be a huge disaster for sure if your going to do that and your end up losing a huge amount of money in the end. Knowing what is Bitcoin is probably going to be the basics, then learn about the wallet, and the whole cryptocurrency space if possible, then you could proceed probably on how you are going to trade, or profit on your trading, like analysis, prediction, etc.

Your lucky actually you are here in the forum, there you go you anything that you don't have any idea just ask it here in the forum, a lot of experience members are here in the forum that could easily help you with your problem and issue about cryptocurrency, your not going to have any issues for sure, learn form other mistakes.

120  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: April 29, 2024, 03:08:26 PM
I first heard about Bitcoin around 2016 but then I had no idea what Bitcoin was. Someone online was saying to work on it because I don't know anything about it. Then I heard about Bitcoin again in 2022 when the price of Bitcoin was 21000 dollars. I did a little research on Bitcoin and saw that it was good. From whom I heard, I said to a brother, brother, let's invest. Buy a bitcoin and keep it.Fifty percent and I invested fifty percent but that brother did not agree then. Day by day the price of Bitcoin was increasing and the price was going up and down around 25, 30, 31 thousand dollars. Still I told my brother to invest but he did not agree. That price eventually reached 74 thousand dollars. I regretted very much why I didn't take a risk. If you want to do something, you have to take a risk, nothing happens without a risk.

For sure it is going to be a huge risk if you really want to earn a huge amount in cryptocurrency, for those millionaires in the past Bitcoin pump they all risked their money and believed that Bitcoin was going to skyrocket its market price or probably some just get lucky as well on putting their money on it, I mean just imagine the people who invested a lot of money on Bitcoin when the market price was just around 1$-100$ imagine the risk your going to get on that, just like buying 1000 Bitcoin would cost you a lot already without even expecting anything on return. That would be 100k$ already are you willing to risk that on something that doesn't have any kind of proof on profit. I don't really think so considering your gonna need hold Bitcoin for years as well, I mean for sure no one actually is expecting for the market price of Bitcoin to reach what it is right now like 70k$ for sure most of the people that invested are just risk taker and get lucky, probably some just wanted to buy for fun, or probably some are just forget about there investment then luckily able to be millionaire.
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