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101  Economy / Speculation / Re: Dump market potential? on: October 24, 2023, 09:52:03 PM
Actually what's makes bitcoin to fall and rise is information and from my perspective a country war can not make a bullrun if its to occur in 2024 not to occur, the problem between Palestinian and Israel is not supposed to have any effect in cryptocurrency market what guarantees the increase in price of bitcoin is when a bitcoin have a good investors that come into the market.

Besides some countries ban bitcoin but bitcoin continues to exist, so that should be one of the major reasons and concerns we have in cryptocurrency, country conflict or challenge does not have any impacts in bitcoin increment and bitcoin decrement, let as assume as I portrayed before that what triggers the anger of bitcoin to come up in price is due to supply and demand, when the supply is higher than demands the price of bitcoin get increased.

Aside from this, there are also the so called influential group manipulation.  Just look how these group manipulates people sentiment.  First the release a fake news that create a sudden surge.  Then when it was found out that it was a fake news, they follow it with manipulative action of listing Blackrock ETF on the ticker index of DTCC site making people think that Blackrock ETF is possibly approved by SEC only later to be removed after stirring the market emotion to have an optimistic sentiment and possibly a FOMO which possibly create this Bitcoin market rally.  

Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.
102  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF listed on the ticker index… perhaps it’s approved? on: October 24, 2023, 09:33:16 PM
It looks like this action of ETF listing is a manipulative action to stir the gear of people emotion into an optimistic market.  It was reveal in this new thread: ETF $IBTC REMOVED IN DTCC WEBSITE!! MANIPULATION COMING OUT? that the ticker is not removed on the DTCC website.  Whatever the reason why it was removed, the action of listing the Blackrock ETF is to bring more fuel to the hyped brought by the fake news fueling the positive sentiment of the Bitcoin market to FOMO.  With this I think there will be more make belief and lies ahead in order to create a temporary bullish market run, what worries me is the possible bull trap that lies ahead.
103  Bitcoin / Bitcoin Discussion / Re: ETF $IBTC REMOVED IN DTCC WEBSITE!! MANIPULATION COMING OUT? on: October 24, 2023, 09:14:59 PM
It is a solid proof that the current action like fake news and ETF ticker listing  is a manipulation move of some influential people.  This fake moves gives traders and investors an optimistic sentiment toward Bitcoin and encourage them to inject more funds to the Bitcoin market that resulted in the current uptrend.  I do not know what will happen next after these lies but I have a feeling that this action is some kind of bull trap unless a really good news will come out adding fuel to the positive sentiment of the market.

After reaching $34k+  the current Bitcoin market is moving sideway and I have a feeling that traders who felt being cheated will start pulling out their investment and will be more conservative than the previous aggressive demand due to the FOMO created by the fake news and removal of ETF from the DTCC website.  And a possible correction might be on its way.
104  Bitcoin / Bitcoin Discussion / Re: Maybe I should have taken this risk earlier. on: October 24, 2023, 08:57:18 PM
If you are only investing for a short term period, it maybe risky for you since Bitcoin price movement is so volatile that in just a short span of time, the possible uptrend movement of the market may suddenly reverse.  So I would like to suggest that you should only invest what you can afford to lose and is not allocated to something important as education.  Don't be greedy and think that Bitcoin market is that simple, we have seen lots of people who tried to game the Bitcoin price movement in a short span of time getting rekt. 

If you are in for years then I would encourage you to invest but if your aim is to take advantage of the current uptrend by investing for only 4-5 months I would say think twice or thrice . Study the price history of Bitcoin and if you are able to bear the possible losses without affecting your educational funds then go with your plan.
105  Economy / Gambling discussion / Re: Your doubt has no effect on gambling. on: October 23, 2023, 11:58:40 PM
Gambling is a game of mind and those that do not have the mindset to bet might surely lose.

No, gambling is a game of chance and any mindset has no connection to the result of the gambling games.  Mindset can affect a person's way of wagering or betting, but it has no effect on the result of the actual game.

One thing I have noticed about gambling is based on the kind of risk you are ready to take. Those who are risk take would understand what betting actual mean and the level of what we can sacrifice for a particular bet. Those who had been winning are those who understand the kind of risks they have to take on a particular bet. I have made some good profits in betting which I never thought of winning because I totally lose hope on that bet because I thought the kind was too risky for be to keep my mindset on it.

Those who are winning are the lucky person who got their bet coincide with the result.  Aside from sports betting where knowledge about the team and individual player plays a huge role, the prediction itself does not affect the result of the game.
106  Other / Beginners & Help / Re: What if the internet permanently shuts down on: October 23, 2023, 11:44:18 PM
It is certain that we will lose access that requires the internet, that is one thing that will happen if the internet goes down completely. If we talk about internet needs at this time, it is unlikely that the internet will completely shut down, unless there is war or disaster. There is no reason that can cut off the internet in the midst of human life which all uses technology and that is one of the big needs today in any country. The banking system also requires internet for the network they use so when an internet outage occurs their system cannot function.

It will need  a global disaster where every access point, server connections are damaged.  So in reality, internet, as long as the damage is not worldwide, will continue to operate and will not be completely shut down.  The government will do it can to re-stablish the internet connection and the company behind the internet service will repair the damage ASAP because they don't want their business to get out of service.


A small example that often occurs in countries where power outages often occur, just look at when the lights go off, the banking network will automatically turn off and cannot be used. Money at the ATM cannot be withdrawn and things will become more complicated. The question is, is it possible that the internet will completely shut down and many systems managed by the government need the internet at this time.

True that, so the banking company finds ways to address the problem when there is power interruption and that is using an alternative source of power to keep their system up.  Just like this case, internet providers will also find ways to fix any interruption asap to maintain their integrity and trust of people on their service.
107  Bitcoin / Bitcoin Discussion / Re: How will it affect your life if bitcoin price comes to $1 million per bitcoin? on: October 23, 2023, 11:30:54 PM
There is no doubt that if the price of Bitcoin become 1m, it will change my life from being average to above average not rich though because I just had a small amount of BTC in my stash.

 I would love to see this kind of speculation to happen, Bitcoin pricing at $1m each.  It would surely shock the world and probably make Bitcoin as one of the most expensive asset in the world.

To be honest, I don't think I'll be able to hold Bitcoin until it reaches $1 million. I can't imagine how it will affect my life. Because I always want to take advantage of the volatility. So when I see a big pump, I want to sell my holdings and buyback again. So I am not sure if I can buy it back successfully after selling it. I assume most holders will sell their holdings before reaching $1 million, and new buyers will enter the market. They might hold on until then.

Who knows, only time can tell, I believe you as Bitcoin believer will always stash some Bitcoin in your wallet.  Whether you do day trade or long hodl, I think you always keep some percentage of your trading portfolio in your stash.  Grin
108  Other / Beginners & Help / Re: Ways to earn money in cryptocurrency? on: October 23, 2023, 11:12:21 PM
Aside from the opportunities found in the forum there are also other freelancing job offers outside the forum.  This might require some skills or knowledge about coding, website designs, managerial skill and more.

We can always search the internet for job offers that pays in Bitcoin.

Here some site that list job offers and has the option to be paid in cryptocurrency

https://cryptocurrencyjobs.co/jobs-that-pay-in-crypto/
https://99bitcoins.com/get-earn-bitcoins-get-job-that-pays-bitcoin/

Aside from that, one can do trading and affiliate system which often found in the system of a Casino announced here in Bitcointalk.  You can also offer your services or good that accept cryptocurrency as payment.
109  Bitcoin / Bitcoin Discussion / Re: If someone holds 1 bitcoin in 2023, can he call himself rich ? on: October 23, 2023, 10:55:13 PM
If someone holds 1 bitcoin in 2023, can he call himself rich ? If not, how many bitcoins holding is equal to being rich in your opinion ?

In my place, if someone hold 1 BTC today, he is a millionaire in our currency since the conversion of the current Bitcoin price to my country's currency is around Php1.818M.  I do not know if people with such kind of amount is rich since the price of commodities now adays is too expensive.  Maybe we can consider them as average since the amount will easily get exhausted if the funds is not replenished.

About being considered rich, I think 10 BTC is enough in my country.
110  Bitcoin / Bitcoin Discussion / Re: Blackrock ETF listed on the ticker index… perhaps it’s approved? on: October 23, 2023, 10:37:17 PM
I think this is just some tactics for manipulation thinking that the ETF is more likely to be approved.  The fake news just happened and listing Blackrock ETF on the ticker index maybe also one of these kind of manipulation to further make Bitcoin price to surge.  There is no clear news about the approval of any on the list of ETF application although the some party on the congress is pushing SEC to  approve the spot ETF application.

Until news or a release of statement from SEC or the concerned party had been announced, then we can consider this ticker listing as possible way of early preparation for the possible approval of the ETF.  They can always remove it from the list if Blackrock ETF is not approved anyway.
111  Economy / Gambling discussion / Re: What's your nice hit to leave the casino. on: October 22, 2023, 11:53:47 PM
A 500% winnings will automatically trigger me to withdraw and stop playing then come back another day.  I won't be leaving my gambling activity since it is one of the things the keep me busy in my free hours.  


I do gamble with no expectation in casinos, so whenever I’m happy regardless of its amount if its time to go then I’ll go. It’s hard if you always put a target every time you go to casinos since you’ll be more focus on that and you might forget to actually enjoy the game and this could result to a more aggressive approach just to achieve your goal. Making profit in gambling is not guaranteed, so better not to have any target profit because its not easy to achieve.


Well, we should at least accept that casino can make our bankroll depleted in a very short period of time.  Expecting that will keep us from being frustrated or stressed because we have the knowledge and accepted the possible thing that may happen in our gambling activity.  In my part, I still enjoy the game while trying to hit my target amount to win.
112  Economy / Gambling discussion / Re: Gambling and it effects on: October 22, 2023, 11:35:37 PM
I see a lot of people blaming gambling for all sorts of things in this thread, but I think it’s also important to have some personal responsibility and accountability for your own actions. The fact is if you want to be irresponsible with your money there are a million ways to do it, but at the end of the day it is you that makes the decision whether or not to risk your money.

I highly agree with you.  Gambling does not force people, people force themselves into gambling.  Gambling is just am action were people wager anything with value to win a higher value.  It is the person that made the decision whether to gamble or not, how much money they will allocate and how long they are playing.  Gambling activities is fully controlled by a person so if ever something went wrong, it should be the person to be blamed and not gambling itsef.
113  Bitcoin / Bitcoin Discussion / Re: Hal Finney was not Satosi Nakamoto on: October 22, 2023, 10:51:54 PM
I always believe Hal is not Satoshi.  One of the proof is their conversation.  A sane person will not talk to himself in a forum discussing about the development of a project.  Besides how can one ask for advise or suggestion to himself?

This thread: Bitcoin and me (Hal Finney)  clearly shows why Hal Finney is not Satoshi.

Quote
When Satoshi announced Bitcoin on the cryptography mailing list, he got a skeptical reception at best. Cryptographers have seen too many grand schemes by clueless noobs. They tend to have a knee jerk reaction.

I was more positive. I had long been interested in cryptographic payment schemes. Plus I was lucky enough to meet and extensively correspond with both Wei Dai and Nick Szabo, generally acknowledged to have created ideas that would be realized with Bitcoin. I had made an attempt to create my own proof of work based currency, called RPOW. So I found Bitcoin facinating.

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

This is some of the content of the written message of Hal Finney on that thread.  We can see that he clearly stated in this that Satoshi is another person.
114  Bitcoin / Bitcoin Discussion / Re: Do you prepare for a Bitcoin bull run? on: October 22, 2023, 10:35:07 PM
As much as I wanted to prepare as sole earner in the family, I can't bring myself into accumulating Bitcoin due to expenses.  Despite having a daily job, and some extra earnings from the forum campaign, my earnings is just enough to cover the expenses and payment for debt.  But I am sure that once I am done with all the debt, I am able to accumulate little by litte after the bull run take effect since we have still a year ahead before bulls dominate the Bitcoin market.
115  Economy / Speculation / Re: Is doubling your investment more probable than we think? on: October 19, 2023, 10:05:57 PM
When you invest, you should be ready for everything. You might see double of your investments, or even triple profits. You can also face losses and anything can happen to be frank. What we can do is just estimate based on past growth and future projections. We have seen Bitcoins follow a 4 year cycle to reach ATH price, and 2024 is expected to be the 4th year. So yes if that happens then we can see 3x the investment. So let’s hope for the best and keep on accumulating the coins.

We should never forget the existence of the risk factor. We make our investments to make a profit, but we need to take every possibility into consideration.

I think Bitcoin's 4-year cycles will continue and the bull season will occur in 2024. There may be a 1-year delay, but we will finally experience the bull season. We all want the value of our investments to increase. I don't want to say anything that will be 2x or 3x, but I think there will be a new ATH.

In the current price, if we break the ATH on this cycle it is given that our investment today when Bitcoin is @ $28,814.90 will be more than doubled.  The good thing with investment is that even though it has risk, the risk can be mitigated or nullified through intensive study and research of the market.  And with Bitcoin investment that has a 4-year cycle pattern, it is much easier to predict whether our investment will gain profit or not.  Though it is true that the past performance is not indicative of the future performance but history has been proven to repeat itself especially when a cycle is developed.
116  Economy / Economics / Re: Is the fall of Elon Musk's empire imminent? on: October 19, 2023, 09:47:36 PM
I don't think so, having a back up with several companies could still help it to get up whenever it's being seen about to fall. But there is no doubt that he's done a lot of bad decisions and call out with this acquisition of Twitter.

He's got a plan on it that we don't know, maybe there really is.

There's another news[1] again that they'll charge $1 for new users from New Zealand and Philippines. This is gonna prove that users aren't bot because the platform is mostly used for propaganda, trolls and bots.

[1] X will start charging new users in two countries $1 per year

With the rise of many social media platform and competition, this $1 charge for new users seems brilliant but it would impose negative affect in the end.  People don't like being charged so people might look for an alternative so this might reduce new registration to the platform.

X former twitter might suffer the same fate as Friendster but I also do not think that Elon Musk's empire will fall.  As stated Elon Musk's asset is way bigger than twitter, so Elon can easily pay it off but obviously as a businessman, Elon want to pay his loan without touching his money thus he solve it by selling some shares of his company which possibly provide him more profit.
117  Bitcoin / Bitcoin Discussion / Re: Bitcoin is bigger than the government reason my Gov tried to blackmail bitcoin on: October 19, 2023, 09:30:04 PM
Is funny how something that they thought could easily die away is now a globally accepted alternative in a decentralized manner,  just recently Israel ban Bitcoin because it has been perceived to be a tool to finance their enemies,  but the questions is, can this ban change anything?

What is Israel beside bitcoin, who is government besides bitcoin, nothing can stop bitcoin, not even the government, ban or no ban, bitcoin remains irresistible, the only people that will be affected are the citizens in the country where this ban is being made, we can see right from the beginning, how the government have been fighting against bitcoin just because they realized the power it could give the people in having control over their finances, yet they couldn't stop bitcoin adoption, instead it keep increasing more and more.

Bitcoin network can't be stop (except the last miner gave up) but centralized services that gives life and price value to Bitcoin can be.  If the government get serious and pursue all banned on cryptocurrency activities, we might find ourselves holding a lesser priced Bitcoin.  We should not underestimate the authority of the government.  They have the power to hinder the growth and adoption of Bitcoin, it is that each government had their own stand on Bitcoin but if they come united to ban cryptocurrency and imprison users and supporter of the cryptocurrency, I do not know if we can still belittle the capability of the government. 

Let us be thankful that there are governments that is neutral and pro-bitcoin.
118  Economy / Gambling discussion / Re: Tips on staying responsible. on: October 19, 2023, 09:11:32 PM
Simple things should be considered if we wanted to stay in cryptocurrency gambling realm. 

  • We should not overspend and gamble only what we can afford to lose.
  • Keep our time in check don't stay too long in gambling if not lucky will make us spend more fundings.
  • Play only when sane to avoid unnecessary wrong decisions.
  • Stop gambling activity when triggered and agitated.  There is always a next time.

Moderation is always the key for responsible gambling. If we failed to moderate ourselves then we are walking to the path of gambling addiction.
119  Bitcoin / Bitcoin Discussion / Re: Give Bitcoin investment time on: October 19, 2023, 08:54:54 PM
When people start up a company, they give it some years before they expect profits. Most times they even re-invest their profits to expand and build their company to the standard they desire and this requires time. Furthermore, when people buy stocks of a company or make investment in businesses, they give it time which run into years before they expect profits.

Unfortunately, when people buy Bitcoin, they expect huge profits within a short period of time. This is the source of panic and fud that is exhibited by many Bitcoin investors.

A true investor knows the time frame to profit.  These people who expect huge profit within a short period of time are not accustomed to investment.  They are probably newbies that were hyped to put in money and were misguided and by the person that informed them about Bitcoin.

While educating people about Bitcoin, I think it is wise we tell them Bitcoin need time to yield profit, let us change our approach in sharing Bitcoin knowledge so that people will not come into Bitcoin with the mindset of get-rich-quick.

It is best to tell them to do their own research and verify the information given to them so that they can't be misled by people who have little knowledge about BTC.
120  Economy / Economics / Re: Dangers of combining company and personal funds in the same account on: October 19, 2023, 08:34:03 PM
As I stated, it is essential for the owner of the business to separate the personal funds from business funds.  It is not about the embezzlement of funds since the funds is owned by the person but rather the management and tracking of funds.

This is a common mistakes of small time business owners.  They tend to hold the funds and profit of their business together with their personal fund in one account.  This way it will be hard for the business owner to track profit and can even use his own funds to maintain his business making his financial capabilities to maintain his personal needs a bit difficult or the other way around.
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