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1321  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 15, 2021, 10:57:12 PM
It's untested waters for these people, they clearly have no idea of what bitcoin is or what cryptocurrencies are in the first place, so they fear of putting money into it not realizing the great potential bitcoins and cryptocurrency in general can give. Nonetheless, this fear is justified since from a logical standpoint, this is the optimal solution. To fear and stay away from it.
1322  Economy / Economics / Re: Will President Joe Biden be good for business? on: February 15, 2021, 10:53:31 PM
I believe the wage increase is a very necessary thing to do to help our fellow employees who find living really hard. Although honestly I don't think implementing it while the world is still suffering from a pandemic is a good idea, since business are still far from recovering. The economy is still in the dumpster, and enforcing higher wages can just force businesses to close down and would then cause much more problems for the common joe.
1323  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: February 15, 2021, 10:36:11 PM
Bitcoin offers anonymity but it itself is not anonymous. It has parameters and commands in its system that ensures that each and every coin in the market can be traced back to the origin, thus ensuring that no coin can be counterfeited, blockchain is an example of this feature. Now, were someone decides to find you through the blockchain, he would be able to find your transactions and all, but that does not mean that he found you.
1324  Economy / Economics / Re: What We Should Learn From Elon Musk Influence on: February 15, 2021, 10:11:58 PM
What we should all learn about this is the fact that people are easily swayed and persuaded when given the opportunity. Elon being a very rich guy and an overall internet personality took this chance and helped bitcoin pump in price, he did the same with DOGE but it obviously was just for laughs since we all know DOGE isn't that profitable.
What we need to learn from Elon Musk influence was the thinking outside the box because believe it or not he is the one who is having an interest in bitcoin and cryptocurrency, he is seeing another point of view on bitcoin and another thing is that the good opportunities that might give to him by investing in bitcoin and as well as making it as a payment method for them. The attitude and the positive thinking was the great thing that we need to acquire from him.
Not the first person to realize its potential but is the most influential guy out there that can help bitcoin grow.
1325  Economy / Gambling discussion / Re: What games are best suitable for PvP gambling? on: February 15, 2021, 10:08:52 PM
I heard Betfury is planning to create a somewhat PVP type of game where players are able to find against each other for crypto, I haven't gone past this information unfortunately but if you were looking for cryptocurrency games where PVP is involved, Axie Infinity is a good example of such.
It's hard to say now, before I would have said that the future is online games. But we live in a world where almost everything is online already. Poker has no analogues yet. In general, I think that computer games with PvP modes in the future will probably squeeze out the classic PvP games. But it's hard to talk about it yet, we need to study statistics first.
Not all gamers are eager to earn money but most of us do, as soon as it is integrated into the industry it may definitely fill in a niche in the gaming industry that could help bridge cryptocurrency enthusiasts and gamers, but I see poker games being the pioneer of this new niche.
1326  Economy / Speculation / Re: Bitcoin Hits Record $48.2K on: February 14, 2021, 10:21:53 PM
$50k is no longer as farcetched as it seemed to be from last year, hoping this carries on so more people can be persuaded to buy bitcoin, we are desperately in need of fellow small-time investors who are willing to hodl their coins in order to counterbalance the ever increasing amounts of high-rollers and whales in the market.
1327  Economy / Economics / Re: Richest people getting ready for economic crash on: February 14, 2021, 10:17:58 PM
-One Internet Personality who also happened to be a very rich CEO buys bitcoin
-People happy because it pumped the coin without even being a bit skeptical about why he chose to do so.
Don't mean to offend anybody but ignorance is indeed bliss. We may have not known yet what his or the other affluent figures are planning at/for after rallying bitcoin purchase to the extreme, but it's sure as hell obvious that they are cooking something that may not be as nice to us small-time investors as we are hoping it to be.
1328  Economy / Speculation / Re: Manipulation of price will decrease soon? on: February 14, 2021, 10:13:20 PM
The more whales on the market, the more the chances of bitcoin being subject to price manipulation, that's just how it is. And with the current rally of investors buying hundreds to thousands of bitcoin to "add" into their portfolios is both astonishing and concerning, considering the fact that we're at the mercy once again of a whale that can easily tick the price off in a couple of keyboard strokes and mouseclicks.
Well, it will always happen. As long as we have those that holds a lot of bitcoin, there is no way that manipulation will decrease. Especially that we have these instituions now that invest in bitcoin. There is no way that they are planning to hold that for a long year.
Exactly, wd can't expect these institutions to be benevolent ones who act in the service of the people lmao. These guys are in the industry to earn money since they deem the conventional methods not as profitable as bitcoin or for other reasons whatsoever, but to help the people? Nah that's not it.
1329  Economy / Economics / Re: Tesla Bought 1.5 Billion in Bitcoin! on: February 14, 2021, 10:08:53 PM
His knowledge and passion to techbological advancement is only rivaled by his boss attitude and his "Small Brain Moment" on the internet, like in the case of the DOGE Shill where millions of people all around the world bought DOGE just because Elon tweeted about it. The guy had a comprehensive list of trolling people out of their minds and money, yet his position and his God Status over the internet allowed him to fool newbies, too bad.
If the price is gonna go beyond $50K it will remembered like the Elon-Tesla pump. For a sustainable market I do hope we don't have to rely on these announcements to keep going though. Luckily there are many institutionals player ready to invest in bitcoin and adding more small portofolio % to it will keep the train moving.
This is a paradigm shift, the market has changed so much in less than a year.
Definitely, just hoping they have something in store to mark this milestone and make it a remarkable one for the most of us.
1330  Economy / Gambling discussion / Re: shittiest soft ware ever!! on: February 14, 2021, 10:04:05 PM
I'd highly suggest that you stay away from these suspicious sites as this are good signs a casino is a scam or a rug casino. Not giving you any terms to abide by may seem nice at a first glance but that's about where it all ends considering you are also not going to be covered by the casino should there be a robbery, or if in the case that the casino runs away with all your money.
I wonder what casino is this Op talking about. If doubting the casino in the first place never risks to gamble. This is crucial before playing and risking your money in a casino is to always read the TOS. This will serve as your weapon throughout your gaming time in that casino. I hope your issues of withdrawal will be solved.
Would've been real nice if OP was able tp drop it in his post so experts can take a look at it and draw their final verdict.
1331  Economy / Gambling discussion / Re: Another insane win!! $ 1B mega million jackpot on: February 11, 2021, 09:34:59 PM
How lucky are these people? I mean I have tried a lot of different lottery games but still have no luck. And that’s a huge amount of tax to be cut from the winnings. Good for them though, wish my luck is the same as theirs.
That is because your luck is not coming to you in any gambling games. I think you can conclude what you need to do with the gambling games. It is difficult to search for the winning because that will depend on the luck itself. Playing gambling is for fun and enjoy the game, not about to win the games. But if you have luck, you will win some money or even you will hit the jackpot. I think you need to consider that playing gambling will be for fun and if you win, that will be a bonus for you.
If it's any consolation OP, we all carry the same probability of winning, be it on any type of lottery. It just so happened that this time around they got their break and was able to take advantage of it. In any case I do not see lotteries as cash cows or something you could rely on if you are financially distraught, it even does the contrary in some occasions. So every bet you take be reminded that it's much more possible for you to be struck by lightning, or for your house to be ravaged by an asteroid, than you ever winning the lottery. And that probability goes for me and for everyone too.
1332  Bitcoin / Bitcoin Discussion / Re: I regret selling BTC for entering DeFi. HODLing is the way! on: February 11, 2021, 08:49:55 PM
I learned the hard way that Hodling BTC is the only way. I wanted to grow my BTC so i sold my 1BTC @32K a month ago and put that money in DeFi for yield farming in those high APY. I took some losses and some gains. Now BTC jumped 47K. If i would have just HODL all this way i would have more USDT then if i buy BTC now. Lesson i Learned: Yield farming is useless. People put so much at risk entering smart contract not to mention the daily time waste. Just HODL and you would have more more money than anyone yield farming in long run.
Yeah, We can consider it today as a wrong decision, But what if BTC dumps and your Defi journey were successful? It's about taking chances but it's not bad to try a small amount first and if successful you will not regret it like you are experiencing today. I'm pretty sure that it was not only you who has the same case, There are many people now who regret selling their BTC and put it to other things that they can get profit. I also sold some of my bitcoins in the 28-35k price range but I didn't sell it all, I made a partition in selling and I'm glad that I did it.
The thing is, DeFi is still pretty much at its infantile stages, which is mainly the reason as to why it is not as profitable as let's say the giants in the market like bitcoin. If I remember correctlyDefi has just been released like 1-2 years ago, compare that to bitcoin with more than a decade of experience in the market and had withstood both the best and the worst of its time. I'm pretty sure DeFi will become as profitable as bitcoin is in the future, and so don't downplay it too much. And if I may add, always diversify your asset buy, that helps ensure that you get the best of both worlds, or is at least at a good security compared to pooling a massive investment into just one asset.
1333  Economy / Economics / Re: JP Morgan says large firms will not follow Tesla's bitcoin move on: February 11, 2021, 08:09:04 PM
I guess I can't really refute what JP Morgan says because I do not have the power to see the future, maybe all the major companies will get in or maybe none of them will, I really do not know whats going to happen. However I also think, even with all those experts and analysts, they do not know who will get in or not neither, these are personal preferences (well company preferences) and they may not say it out loud but they might be thinking about it or talking about it or trying to find how to do it etc etc.

Moreover, I do not like to talk in absolutes, only siths deal in absolutes, I think this is going to be more like some majors go in and many don't and just spread it around, nothing major for us because we already have wall street on our side now, but still a few more will probably come while many many more will come at a later date.
JP Morgan is a talented scammer, so I suggest you take all his claims and predictions with a grain of salt. One of the biggest critics of bitcoin known to man, he stops at nothing to shit on bitcoin.

Now on the case of his claim regarding corporations following Elon's move, I couldn't care less if they do or if they don't lmao. We got all the help we need, and frankly enough, it's going to be much more optimal to us small-time investors if there will be lesser whales in the market who can manipulate the price at will, so in retrospect this is actually a good thing if ever.
1334  Bitcoin / Bitcoin Discussion / Re: Can we get another golden oppurtunity to buy? on: February 11, 2021, 07:50:04 PM
With the rally still ongoing and is expected to hit the $50k halfway this year, the golden opportunity you are waiting for is now. If you haven't purchased when bitcoin was still at 30k, take the time to buy some while it's still at 45k-ish, because this may be the lowest amount  we'll see bitcoin take on at least until the year is over. So, best strategy is to buy now and hodl until we reach a phenomenal price point. Then reap the rewards, lest you'll be risking yourself to yet again another FOMO moment.


Just like a wise investor's words, "The best time to invest was 10 years ago, the second will be right now."
1335  Bitcoin / Bitcoin Discussion / Re: Tesla buys 1.5 BILLION worth Bitcoins !! Good or Bad ? on: February 09, 2021, 10:42:49 PM
Personally, it is both a good and a bad news, why you ask? Well it is good because of the fact that it pumped the price of bitcoin, sufficient to even force it to reach an ATH, plus the publicity this caused urged more people to buy bitcoin, be it veteran investors or plain-old newbies.

It is also bad because there is yet another whale we are at the mercy of to be worried about. Yes it's Elon, yes he's very supportive of the coin and is not going to be easily swayed against bitcoin, but people, one click of a button and he'll cause a huge crash on the market. You have to think about that.
1336  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto Latest: I Am Not Craig Steven Wright. (CSW v SNW) on: February 09, 2021, 10:36:04 PM
Another ploy of Satoshi Nakamoto impersonators in their quest to scamming people, and since Craig is no longer a working trick, if it even worked in the first olace, they will use another personality which is coincidentally a relative, or someone with the same last name so our pattern-loving brains would find a correlation between the two and would succumb to the heuristic. This is my opinion based on OPs post, if it even were posted at all, but since there's no link, or anything that will lead us to, I highly doubt thus is true.
1337  Economy / Economics / Re: Need of the Hour : Tackle Joblessness on: February 09, 2021, 10:31:28 PM
COVID-19 is a big factor for this sudden uprise in the joblessness not only in the US, but for most countries in the planet. I'm pretty sure that with enough support from the government and with utmost cooperation from the people, US will be able to recover and take care not only of the mortality rate COVID-19 caused, but the joblessness as well.
Covid19 inflicted the strongest economic blow around the world. Do not consider me a cynic, but the overall mortality rate cannot yet be called critically high and it is unlikely that it will increase significantly. It is comparable (about 2 million for the entire 2020) with mortality from seasonal viral diseases, alcohol consumption, smoking ... And it lags far behind the scale of regular mortality in the world from cardiovascular diseases, oncology, or the consequences of pollution of the surrounding country. But the distinguishing feature of Covid19 and the methods of its "containment" is quarantine, lockdown and similar measures that DESTROY business, often irreversibly. The question is whether the state has enough resources (to support citizens, business) and citizens (in order to live without their usual income, and the ability to resume their business)
A pretty good and sound insight regarding the issue. However, what caused COVID-19 to be feared among the masses that they would rather lose business than succumb to the disease is how deadly it is since there is no known cure up until now, besides the fact that it spreads so rapidly.
1338  Economy / Economics / Re: Our boss and employer are money on: February 09, 2021, 09:57:40 PM
Wrong analogy, us investors and cryptocurrency traders are not working for money. It's the other way around, money is working for us. Sure we may still have to look at our tradings and all now and then, but come to think of it, we can do this whenever we feel like, and it almost always guarantees profits, provided that you have sound judgement and a wide knowledge of the game. So it's not us working for the money. It's money working for us.
1339  Economy / Gambling discussion / Re: I BET 5 BTC ON THE COIN FLIP - SUPERBOWL on: February 09, 2021, 09:55:02 PM
Shouldn't this be in the main gambling board and not on this childboard? This is advertisement, and should rightfully be moved to that if I am not mistaken. Also, that's not a good way to advertise your site to the people, although I chuckled at the meme pasted on OP's main post not gonna lie. Still, will I bet on his site? No.
1340  Economy / Economics / Re: In 2021 to 2022 you decide your life and wealth on: February 08, 2021, 10:33:52 PM
This is definitely a pivotal year not only for us investors but fpr the cryptocurrencies in the market as well, right now we can say for certain that it's anybody's game, with the exceltiom of bitcoin because there's no beating that coin up where it is right now. And since it's anybody's game, us investors should be wise in choosing who to stick with in order to maximize profits.
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