Bitcoin Forum
June 26, 2024, 04:23:41 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 [58] 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 ... 607 »
1141  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: September 24, 2023, 10:53:04 PM
Always put down a placer bet to avoid regrets, not for the money but for the kudos on winning your bet simple things.  Play at least a little for the joy knowing you are right on a bet especially the sportsbets obviously thats cool because knowledge and prediction there is such a large thing.
   Regret and emotional tilt is to be avoided for possible losses it can open up the possibility of in future bets, better to stay level longterm.
1142  Economy / Speculation / Re: A Simple Reason Why Bitcoin and Crypto Prices Must Fall to Zero on: September 24, 2023, 09:27:00 PM
Its not nonsense argument its just not correct, I've heard a few of these points before and they are quite mainstream and believed  by a few people as correct reasoning to be anti crypto.
Quote
Hence the inflation of cryptocurrencies - there are more than 20K of them.

This one I heard before, all crypto is equal and whatever value is in BTC can instantly be repeated elsewhere.  Primarily because its open source, its kinda a fair point that we do not retain copyright and some people thought this to be a fatal mistake in a capitalistic world.   However BTC is not easy to replicate definitely not out of nowhere, we already have this discussion in a massive way with the blockchain split.     BTC defeated its former backers attempts to replicate and their divergence in the code protocol:


These arent new and are not especially threat because ironically BTC is unique.  Despite no copyright and many other apparent negatives on retention of value BTC is not easily acquired or replaced by other means.  BTC is unique and hence has a specific value, we can argue over price but its not zero.   As soon as OP is true we'll see it more obviously, market tests pricing and demand for BTC everyday.
1143  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: September 24, 2023, 09:19:43 PM
I think money management is the most important factor, luck we cannot control but choosing not to overbet during a losing cycle is important to last in your gambling session until a series of wins will return the profit wanted.    If you dont choose the right bet size and run out of money with bad luck then it lose you the opportunity to see the good luck, you wont be playing any more.   I think too many people are impatient and lose grasp of the game, the game plays them :p
1144  Economy / Speculation / Re: Will Elon Musk keep what he said or not? on: September 23, 2023, 11:59:42 PM
Elon doesnt matter, he is just one guy.   Always was true, the Bitcoin effect is not one person and I dont think he is pivotal.  Nothing to do with liking or disliking him, even when BTC was doing very well and he was helping its hype perhaps I'd still have said the same.  It dont matter, we are hoping BTC is part of the world from the smallest people to the largest perhaps but its really only about the general dynamics true.  If he doesnt see its of any benefit thats his own problem to handle, love to hear he has ideas and innovation but I never really read anything interesting in that respect.
1145  Economy / Gambling discussion / Re: Importance of Gambling to the society on: September 23, 2023, 11:50:22 PM
this is a good topic for discussion. in my country, many sites that are related to gambling are very closely related to charity; they buy ambulances and also help hospitals, this is a good deed. It is good when companies have a profit and are ready to share it at the level of government assistance.

Its potentially true in every country, gambling is often vital revenue to the government.  Thats not charity but governments often carry out essential services, in a recession the government can go broke or forced to suspend any investment and support to society if it were not for industry where revenue and profits are so reliable they pay out every year.
    We know the odds on gambling mean sometimes winners take more then losers will give on a day, that is the casino is losing or giving away money on that day.  However overall its a very reliable revenue stream which means its beneficial and outside the normal economic cycle and that contagious recession and failure that can occur.
1146  Economy / Economics / Re: The Kids buying Mcdonald order via BTC on: September 23, 2023, 11:42:41 PM
I'm glad its fast enough for them to order the fast food, thats a point in favor of BTC if its fluid enough to be convenient for people who presumably will not put up with too much hassle.  If they had alot of patience they'd just make the burger themselves really.  I'd like if BTC was convenient and easy enough for everything like this.    
  I'm not so much a fan of how expensive fast food got now but usually its down to finding an offer price available.    Ideally BTC circulates between users, I presume McDonalds or whoever is retailing here just puts it back on the market right away.

Quote
to spend or to save?

Spend is totally fine and healthy for anyone who is receiving BTC.   The ideal is that circulating back and forth between regular users, just a means to settle bills and both parties accept payment and pay themselves using BTC; nobody is losing out then its just a beneficial circle and you are all holding an appreciating asset not the flaky paper.
1147  Economy / Speculation / Re: every cloud has a silver lining on: September 23, 2023, 11:21:53 PM
Bear market is over but confusingly bearish moves remain and probably always will to some extent.  We have to figure what proportion they exist and how much of their negative move is ongoing and durable.   We are bearish right now, descending beneath a negative 50 day average so short term and arguably medium term BTC remains somewhat bearish.  The medium term part is debatable as we are gradually but haphazardly moving up this year and this latest negative is part of that, but anyhow longer term I'm going to say we are positive in a sedate way.  
  The low on 12th May last year was 26,700, the high today and recently for over a month has not been much higher then 26633 so we'll soon be 17 months of dismal moves  mostly sideways.   I can forgive the bearish outlook when we are overcast like this, its opportunity if you can see positives further out.    Theres no real argument for a good positive trend but a subdued recovery is fair take imo.
1148  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 23, 2023, 07:50:08 PM
I didnt see any 6 hour flash promo.   If you have recently been betting on the site sometimes it will choose to send out a promotion especially.    I got the thousands reward in BTC recently and also the email free spin got me RP in hundreds, wish it was a bit more often but Ive been fairly lucky recently.
  BTC isnt really trending up at present, it was doing ok for a while above weekly average, now its sideways or taking a breather till next week perhaps.  I'll wait and see on that one basically, obviously 30k would be ok too.
1149  Economy / Speculation / Re: Good time to sell? on: September 22, 2023, 11:49:56 PM
Quote
in the next bull run, the price will surpass the past ATH

I dont assume that, I think we can retrace those prior losses just partially and then come right back to here without making a new ATH.   I reckon we can go another 2 years and its not overdue for any new high.  Partially because the last high followed a hundred year event and exceptional excess of money printing by multiple nations which helped boost weakness in currency.    So its a spring high tide mark maybe, hundred year storms can change landscapes for generations and not be repeated; perhaps its quite that unique but not everything will be as predictable as the daily tide & natural variation is a known thing.
1150  Economy / Gambling discussion / Re: [Warning] Don't share your casino account! on: September 22, 2023, 11:28:58 PM
Would have thought that's obviously a bad idea because your credit could then be linked with that person.    I understand some might link to claim offers perhaps, that something I've heard of, even that's risky to do because some of its personal info.  I would definitely advise anything involving personal information because that could then be used to start a credit card in your name, all kinds of society security fraud maybe, immigration fraud maybe.  There's endless schemes to do with misusing personal data of a person, its already risky but with consent that could lead to serious repercussions.
1151  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: September 22, 2023, 09:28:47 PM
There is a whole branch of savers trying to step off the rat race treadmill by avoiding spending any of their money as  much as possible in their twenties and early thirties.   This allows them to move away from expensive cities and leave the commuting waste of time to lead more life affirming consultancy part time work or even retire all together at early age.  They collect various ways to avoid spending money needlessly, nice aim they have imo.
1152  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: September 21, 2023, 11:59:30 PM
Ironic, makes no sense to bet the odds on France only take a small chance of draw perhaps or underdog win.   I would balance those nice odds with a little bet, doesnt take much to win a decent amount.  Consider it a fun bet, anything can happen.
   The other factor not shown is time correction, some bets will add something for betting early isnt that right so in this case will some people gain from early on going for France ?  Its not a type of profit shown outright but I often get that bonus on the BTC monthly bet for example.  Workings not shown, from what I remember its worth having but I dont know when this bet opened.


I used up lots of spins recently also, but by accident.  Think I was looking elsewhere for a second misclicked, not in the thousands like you have.   Took some time to use up which I like :p  no golden ticket for me but it was a clear 'profit' of sorts as I got several of the thousands tier reward which usually makes it a good roll comparatively.    Price was ascending nicely for some days,  its taking a sit down for the moment  we'll see if it gets back up or falls off the chair   Grin
1153  Economy / Economics / Re: India Expands G20 Membership to G21 During Its Presidency. on: September 21, 2023, 11:44:24 PM
This is going to confuse the hell out of people who struggle with the belief Africa is a country.  How we going to educate them on that now, I already got told BRIC is a country and a currency.  Things are going to get more confusing before they get any simpler it seems Shocked
  I'm interested how the newest member would compare vs EU.  This discussion is not quite as serious as if it were giving all parties equal trading rights, it just includes them within the conversation and we can talk for decades without doing anything.  Its good people talk but also Im not sure it leads to anything except beyond recognition.   Its a good  idea anyway, China has been including Africa for sometime in its attempts via 'belt and roads' initiative.  That means its strategic to counter that by including this Africa union, but why has it taken till now.  China is still ahead in actual infrastructure built, the biggest link between the largest countries to Africa is still the legacy of occupation and the colonial period of history not too long ago.  France being involved within the Niger coup news recently for example.

https://en.wikipedia.org/wiki/Belt_and_Road_Initiative#:~:text=The%20Belt%20and%20Road%20Initiative%20%28BRI%2C%20or%20B%26R%29%2C,more%20than%20150%20countries%20and%20international%20organizations.%20

https://edition.cnn.com/2023/08/29/africa/french-ambassador-defies-niger-junta-intl/index.html
1154  Economy / Speculation / Re: Take your eyes off from the fall in price on: September 21, 2023, 11:29:31 PM
Market price is not that perfect reflection of all things, it can be totally wrong.  Kinda funny we have to write this down and think a little while to realize of course thats true.  The price will be too expensive and sometimes too cheap, opinions will vary.    Its one of those things, people will sell purely because the price went down sometimes like during the pandemic that was enough to shake anyone's hold on their BTC.  It was a rollercoaster sheer drop on one particular day then it reversed and that was the bottom.   Simplest modifier to that thinking might be to consider volume, 1 person selling at 20k now isnt really bearish.    Price is the label on the item, its not the item :p
1155  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: September 20, 2023, 11:59:30 PM
It wont be a problem if controlled by time or a fixed budget simple time allocation would be good like anything, any hobby could be declared as destructive if completely unrestrained.  Its upto the person to recognize they need to trim down or completely stop something if its become an overwhelming occupation.  Gambling or any large interest could be excluding other people outside of that interest if they arent involved to the point you can discuss it with them then its almost as if you are not with them, make that hours a day and certainly it could be viewed that way.  Dont be too obsessive, it wont be lucky for gambling imo.
1156  Economy / Speculation / Re: A Simple Reason Why Bitcoin and Crypto Prices Must Fall to Zero on: September 20, 2023, 11:40:32 PM
I'll object to your basic premise.  BTC has more then one use, more then a dozen uses really and you lack imagination to believe its only one thing.    For an entire world connected digitally but entirely different in many ways, nationally, economically, political, time wise and currency divided this is a unifying online currency standard that is useful.
  BTC is certainly not perfect, but its useful, even if it halved price the use carries on and I dont care about the largest holders, millionaires and billionaires can go elsewhere if they so wish but the basic use of a person with a few dollars exists and thats all we need to justify this system of value nothing more; these are the billions of people who will always matter more, an economy is people and BTC has its economy.
  Even the biggest critics still say BTC has some value in the hundreds, I think you are way off.

Quote
So you spent all this time to pen down along easy to outline something you feels doesn't have value?
lol  Grin


Quote
Quote
The cowrie, a type of marine snail, has very colourful shells which were used as money. It seems that it wasn’t just the colours that made the shell appealing - its small size and durability made them popular too.

Although the cowrie is mainly found in the Indian and Pacific Oceans, it was spent around the world as traders travelled overseas, with parts of Europe accepting it as valid currency.

endured for centuries, making it the most widespread and longest-used currency in history
https://www.bbc.co.uk/bitesize/articles/zfx2m39


Its a decent argument, deserves a merit anyway but we do have and have had many previous currencies not commodity based not especially of value in of themselves.

Quote
The purpose of stocks is to represent shares of ownership in or

Quite a few stocks can be completely empty entities.  It might be a worse analogy then you imagine, companies sometimes have no business and so the stock too is fairly flat in describing or even being backed by anything.  Happens more often then would be imagined initially, not always a negative thing but a stock can just be cash only at times (and yes 100% speculative).   Just in my experience from what I've read etc.
1157  Economy / Speculation / Re: Will there be a boom again? on: September 20, 2023, 11:33:25 PM
From what I've heard it described, not as gambling so much as investment risk which means the government regulatory bodies want to outlaw such ideas and revenue as operating outside the law.   Im not the legal type or trained so I wouldn't know if they are correct especially to say so, my take is absolutely everything has a risk.  Certainly holding dollars, earning and relying on dollars for your retirement is risk too far for many but they wont know thats true for ten or twenty years sadly to their expensive.  When dollar relates to nothing solid, of course its risk so seems entirely hypocritical to label technological innovation as illegal in any way so long as its all openly declared open source who are they to outlaw anything tbh.
1158  Economy / Gambling discussion / Re: A weird belief among some gamblers. on: September 20, 2023, 01:41:36 PM
It may not be a superstition but a requirement for that person.  If they received a tip or some involvement with the players in a match what events will take place, any inside info as to who is sick or missing from that game then he has no choice.   Its quite sensible to protect your sources if you should have any.   
  I'm not arguing with anyone who could say this to me, they cant explain themselves and I dont want the trouble for them or myself.
1159  Economy / Speculation / Re: Good time to sell? on: September 19, 2023, 11:44:28 PM
All the best assets I've observed or been involved in some way, it was quite valid to buy regularly along the way as it became more highly priced and valued by the rest of the market.  Just finding the lowest price and only buying there is a mirage, its very unlikely and excludes this real worth to consistency in gains over the long term.  
  BTC is a surprisingly long term momentum asset.  We are worried about each week or month when even just picking the right year to buy or sell would be close enough alot of the time to do well.   So lets quickly consider, 2022 was a year price did descend with some gradient.   A year BTC could be sold, is the year after that loss also likely to be a good time to sell going on this very macro view.   It would seem BTC is not as likely to lose so much 2 years in a row, it already compressed that amount of action into that last year.   Possibly you dont want to buy but OP asked about selling, its appearing wrong or hard to justify this stance from the very beginning without zooming in barely at all.
1160  Economy / Speculation / Re: Will there be a boom again? on: September 19, 2023, 10:47:32 PM
Wound spring under the 50 day average seems like today, checking this as if its resistance when its not especially suggests we move till we find something solid in volume to bounce off and react with.  200 day moving average also in this area except that is a measure still rising thanks to majority of this year being positive overall.
   4hr bars suggests we are positive though sometimes sideways, the gait is positive lean upwards.   I suggest 26751 for a near term target low to maintain as support in order that this trend retains its momentum as its kept so far.  Also I would compare this last week to the end of August when we had that spike up that completely reversed, the idea of a boom is we arent merely repeating or an echo of past energy imo.
Pages: « 1 ... 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 [58] 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 ... 607 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!