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1321  Economy / Speculation / Re: BTC Sentiment Poll for December on: December 04, 2022, 08:34:07 AM
Voted "NO", from my personal view in bitcoin price Im still waiting for more drop below 14k and like I said in some comments in related threads btc price not yet reached the -85% down from the top like previous bear markets did, if this price fall at below $14k then the bottom is possibly meet or we are very near so lets wait patiently if this will happen.
with 3 weeks more now , do you think that this is enough  for bitcoin price to drop more again?  we have seen the lowest in October but what more to happen in December but I guess we are near the end and still comes to nothing following that fall.
I believe that this is the lowest and there might be coming pump in the following weeks.

If that's just a prediction for this December, then it's doubtful that bitcoin could fall any further, after several days of plunging, the market needs at least a slight bounce before continuing to decline. But in the long term, or ask the bottom at the end of this bear season, I also believe bitcoin will have a drop below $12k. The market will crash again soon, and I don't know what will cause it to do so, but I predict it will be something like the FTX crash.
1322  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: December 04, 2022, 12:00:45 AM
Reportedly Jude Bellingham prefers to play in La Liga rather than in the Premier League, but Borussia Dortmund would prefer to see this player join Liverpool. Jude bellingham is being chased a lot after he played well with Borussia Dortmund. Big clubs, starting from Manchester United, Liverpool to Real Madrid, are widely rumored to want to get the signature of this English player. Jude Bellingham is under contract until 2025 with Borussia Dortmund, Borussia Dortmund's own management hopes he will still stay at Signal Iduna Park. But as we know Borussia Dortmund like to sell their potential players, it doubts me that they will keep them especially if there is a high offer.

There is no explanation I can come up with as to why Jude Bellingham would say that he prefers to play in La Liga rather than in the English Premier League!!
As a result, in the English Premier League, he will be able to get a lot of recognition, and also the money flow in the English Premier League is also quite lucrative.

His mind might be made up of one thing, and that is the fact that the English Premier League is much more competitive than La Liga at the moment. It is very likely that he does not want to be in such a competitive mindset so much. However, I think Liverpool is a better choice for him right now as far as his career is concerned. At the moment, he has a lot of options to choose from, and I hope he makes the right decision.
1323  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 03, 2022, 10:20:32 PM
Chelsea are preparing to pay 70 million euros for Nkunku transfer now. This is only for the transfer fee of course and who knows how much money they will spend in total. This is still a good agreement actually when we consider that his market value is 80 million euros. I wonder how they convinced Leipzig to sell him below his value. This transfer has a big potential for Chelsea hopefully. He has been a very impressive striker for Leipzig so far. I just hope that they don't have another big disappointment just as the one they had with Werner. Chelsea will need to wait for the end of the season anyway to have Nkunku in the squad though.
These are Nkunku's stats so far in the season:

With these stats and things which are happening in Chelsea after change of management and coach look like now they are having change of mindset which is needed for the better results because with these changes they can't go high in ranks and improvement of quality, they have good luck now we are heading for the winter transfer window, and they will be able to sell few players which are not adjusting in Graham Potter strategy and bringing of players those are capable of playing good for him, and they can win games at the crucial part of this season.
Nkunku is surely one of the top quality player in UEFA and his states are also giving all review about him and his skills, hopefully his he will be joined in this winter transfer window and start his new career at Chelsea on high positive note for them.

Christopher Nkunku is a competent forward. He is playing exceptionally well for Leipzig. He has scored a significant number of goals this season.
In addition to that, he has a high potential to be a very effective striker.

If this was even one year ago, I would have said that 70 million euros were a little too much for him, but now I think this is a good price for him. If Chelsea really wants him I feel they should actually pay that type of money for him because Nkunku is someone who will be able to give Chelsea service for a longer period of time.

We heard that Chelsea were also looking into bringing in Cristiano Ronaldo. But that would be quite inefficient for them compared to Nkunku.
1324  Alternate cryptocurrencies / Altcoin Discussion / Re: Are stablecoins safe? on: December 03, 2022, 10:52:26 AM
I had stored most of my funds in the Gold Stablecoin, where you can exchange your Etherium and BTC for Gold. For the time being, I'm seeing that it is as stable as I think. Recently they had a bounty campaign also running, but I think it is still running. This is just my opinion, you can try other stablecoins, according to your research.
I don't know much about this gold stablecoin. I'm a little interested to know. and maybe will start researching about the stablecoin a little. because the price follows the original gold price. then of course the price movement may not be too affected by inflation. So I guess this one is worth looking into. That is about security. because so far I have only used BUSD for stablecoins.

They have a bounty campaign on our forum and it's been running for over 2 years and they're still going. I've known about this stablecoin for quite some time but I still haven't seen it really popular, I think if it really has potential then maybe it would have become popular.
In my opinion, stablecoins are altcoins, which means they are not completely safe but as long as we use them properly, we can limit the risk somewhat.
https://bitcointalk.org/index.php?topic=5164058.0
1325  Economy / Economics / Re: Does Japan fall behind in the crypto industry ? on: December 03, 2022, 10:39:29 AM
They're not too loud doesn't mean they're lagging, as I know japan has been a pretty open country to crypto for a long time but what I don't like about them is the government taxing relatively high who earn in crypto. But you're right about not having too much fuss, a lot of projects come from Korea, but I also hardly see any projects with Japanese developers behind.
Recently, Binance has officially entered the Japanese market with the acquisition of sakura exchange, hoping that binance can promote the crypto industry to become stronger in Japan.
It may not only too noticeable since there much more other developers in Asia like China and Singapore who widely promote their projects than them. Plus the strict implementation of crypto transactions in them makes them silent about it. But in terms of accepting and having exchanges they have local exchanges that are approve by their regulators where they can buy and sell their crypto. Since Japan is more popular in their Technology advancement as welll tourism and entertainment, the focus of cryptocurrency in their country is not much a talk of the town but we still see they are making progress like having Binance.

Recently, FTX Japan also announced a plan to open the withdrawal function for Japanese investors, it can be seen that they are having very strict regulations for the crypto industry. No country has been able to do this since FTX declared bankruptcy.
Now, I understand why they are not as popular in the market as other countries. Altcoins projects are mostly scams, and disappear after a while and I think Japanese developers don't want to go to jail because of the strict regulations in their country.
https://finance.yahoo.com/news/ftx-japan-plans-restart-local-121210903.html
1326  Economy / Economics / Re: Twitter Crypto head and staff resigns on: December 02, 2022, 12:41:02 PM

It is well known fact that a lot of Twitter employees are leaving the company. Now the news that Tess Rinearson, who was made the head of Twitter crypto team has made a tweet stating that he is leaving the company. Many other people in the crypt unit of Twitter space also followed her and announced that they will also be leaving the company. What impact do you think this will have on crypto space in general ? I am sure they must be working on crypto inclusion on the platform in some way and now when they have left the decisions will be delayed in this matter.

Elon Musk makes twitter look more ridiculous every single day he is in charge and has potentially done irreparable harm to the brand. Mark Zuckerberg must be absolutely loving the extra free traffic as people flock over to Facebook which seems like the next largest application. Twitter went from being a pristine place to work and broadcast from your CV, to toxic waste that is sinking anyone still connected to it. They've already lost over half of their advertisers, which is the main revenue source, so it will likely now be draining money from Elon's pockets day after day - so at least so good has come from this psychopathic maniac getting hold of it in the end.

On the contrary, I see him doing very well with twitter, the number of users is continuously reaching a record. The fact that they lost a lot of advertisers is also understandable because now Elon owns a lot of companies in different fields, the businesses that stopped using the twitter advertising service are mostly competitors of Elon.
Instead, Elon is taking a different approach that is targeting users instead of just focusing on monetizing ads, which is a step I don't like, but it's business, so it's not surprising. Everyone has a very different business mindset.
1327  Economy / Economics / Re: Does Japan fall behind in the crypto industry ? on: December 02, 2022, 12:27:02 PM
They're not too loud doesn't mean they're lagging, as I know japan has been a pretty open country to crypto for a long time but what I don't like about them is the government taxing relatively high who earn in crypto. But you're right about not having too much fuss, a lot of projects come from Korea, but I also hardly see any projects with Japanese developers behind.
Recently, Binance has officially entered the Japanese market with the acquisition of sakura exchange, hoping that binance can promote the crypto industry to become stronger in Japan.
1328  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next crypto craze? on: December 01, 2022, 10:26:38 PM

You are right, ICO craze is unlikely to return because the experience to participate in ICO has not been profitable for many investors in the past.
Not true, in the past, the ICO craze used to bring hundreds, even thousands of times more profit like today's projects. Current forms of investment, such as IEO, IDO, and IFO... are all variations of ICOs, and if evaluated in reality, those are just ICOs called by different names. I don't see too much difference between them.


Next craze/boom of crypto is most likely to be NFT & Metaverse sector which is growing with every coming day as it has developed huge use case of NFTs, it is not just a piece of digital art but much beyond it. Virtually property in Metaverese will be used as real world property because it will have lot of value for advertisers to attract virtual crowd.

I will agree with you on this prediction, many say that the NFT hype is over but I see they still have huge potential, the chance of a comeback remains. Next is the metaverse and web3 will be the next trend, this is also my prediction.
1329  Alternate cryptocurrencies / Altcoin Discussion / Re: How to recover Myetherwallet password? on: December 01, 2022, 10:06:18 PM
Usually I used with privatekey when access to Myetherwallet and doesn't need password, but I tried with key store file and need with password access and I don't have ideas with your password losing.  I think you can encrypt with json file on notepad to be private key because ever I tried it and success login back by using private key without have to use Json filed or key store file.
I have never heard of this method. Does it work? Do you have any detailed instructions for this method? OP, if you really can't figure out your old password, you can follow this method which is the only helpful suggestion I've seen, but I've never heard of it either. Hopefully, @Oneandpure will come back and tell us how.


Did you try login to Myetherwallet trough metamask add on extensions? not access trough
myetherwallet website but login to your account trough Metamask, first instal add on in your chrome or mozilla browser, then access by using Key Store file and check by using new password its working or not, its seems access trough Metamask add on you can recovering with your Myetherwallet account.
As far as I remember, metamask allows you to login with keystore file but it still asks for password which means you need to remember old password not create new one. In this case, it works like myeth wallet or another non-custodial wallet, you still can't login with keystore file if you forget password.
1330  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: December 01, 2022, 08:57:59 PM
transfermarkt reports again on new transfer rumors...
spanish champions real madrid are reportedly keeping tabs on manchester united midfielder and portugal national Bruno Fernandes at the world cup

This is pretty interesting news to me. Of course we must have been all expecting the World Cup performances to be watched by big teams for probable transfer moves in January or next summer maybe. Bruno Fernandes has been one of the most impressive players until this point as well. But I'm hearing about an interest by Real Madrid in Bruno Fernandes for the first time ever. I would have waited for them to have the same interest in the season Fernandes literally carried Manchester United on his shoulders but they didn't.

Actually they have made the transfers needed to replace Kroos and Modric in the future with. Tchouameni and Camavinga transfers have been made by thinking of this. But maybe they want to add an experienced solid midfielder like Fernandes as well right beside them. He isn't much old yet too.

Bruno Fernandes could be a good addition to Real Madrid. I still do not know if this is actually a rumor or if Real Madrid is actually interested in him.
But one thing is certain: if Real Madrid shows interest in him, he is not going to stay at Manchester United.

Take a look at the difference in performance between both teams at the moment and you will see what I mean. There is one team that dominates La Liga as well as the Champions League. Another team is struggling in the English Premier League, and it has not even been able to qualify for the Champions League. However, if he decides to switch to Real Madrid, he will need to keep in mind that he may not be the first priority when they are selecting midfielders.
1331  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: December 01, 2022, 08:49:11 PM
Test matches should be played on bowling-friendly pitches. Then the match is competitive. Both teams have equal chances of winning. But enjoying such test matches on batting-friendly, these types of matches are so boring. A lot of time is wasted. And these matches do not result, most of the time the matches are drawn.
England scored 506 runs in just 75 overs. It's unbelievable. They scored 6.74 runs per over. And their collection is 96 in the last 10 overs. Pakistan is playing a home match after a long time. The Pakistani audience may not have imagined that they would perform so badly.
This is surely one of the worst thing happen in recent time and credit goes to PCB which is never been an ideal cricket board and have never been done things which help cricket instead of pitch like this they can go an airport run away which could be better feeling frustrated with this pitch and start of the match which is already showing going to end with usual result of draw or lost of Pakistan because their batting is never been ideal for any situation, and they can go under pressure after having score like 700+ in first inning by England.

Today I was reading few social media posts and mostly Pakistani fans were also frustrated and giving amazing memes about Rambo and his approach about this historical series first against Australia and now England same shit happening which is never been positive for the game of cricket.

If test cricket is played on a flat deck, I think there is no point to play that cricket match at all because, in the end, it is going to be a draw. Whichever team will feel like they are not in a chance of winning is most likely to play for a draw. And there is basically nothing that the other team can do about it because getting a wicket on those pitches is almost impossible unless the batting team makes mistakes.

Pakistan cricket board made this mistake recently. Because they wanted to be too safe so that they do not lose. But I think that they actually lost anyway. But at the same time, we will have to understand that the cricket boards are going to do things like that. Because first of all, they need to win, not think about how to entertain the fans. And secondly e at this point people barely care about test cricket. So it is easier for cricket boards to do such things.
1332  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: December 01, 2022, 12:54:06 AM
A number of teams have strong squads in the Premier League. Manchester City, United, and Liverpool I see no way to call anyone's squad weak. But still, they are not performing well. Manchester City and Arsenal have consistently performed well because the bonding between their players is strong. Due to this, they are able to perform well against any team.

It is difficult to say which team will win the title this season. So far though, only Arsenal and Manchester City seem to be fighting for the title. But I'd say it's very difficult to predict who will be the champions until the February matches are over. Because there is also a possibility that the performance of the teams will deteriorate after the long break for the World Cup.
Manchester United and Liverpool are team still underperformed right now and they have many potential player but still not in the winning record, have possibility later for both team back to top standing actually with Liverpool still have inconsistency performance at primer league. Talking about which one team have chance with tittle in this season seems far away and not easy for predicting. However Arsenal manage first standing awhile and have 5 points left from Manchester City still guarantee with consistency performance and have chance in Primer League winning tittle.

Right not Arsenal and Manchester City are in the winning tittle race but I think with other team will have the same chance based on have many matches left, usually current standing position will change after first half season and we can see which one team have inconsistency performance.

I am confident to say that anyone in the top 4 has a really reasonable chance of catching up with Arsenal for the English Premier League title.

The difference in points between Manchester City and Tottenham is not very big.
On the other hand, Arsenal and Tottenham have a large gap between them.

So, it will be extremely difficult for the teams below Manchester City to even get closer to the top team, Arsenal. But it is not going to be impossible. I think for Arsenal it is a very simple equation. Arsenal just have to win. They cannot lose otherwise, Manchester City is surely rushing to catch up with them.
1333  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: November 30, 2022, 07:25:12 PM
I have to say that the UFC has just not been the same for me since the days of Chuck Lidell, Tito Ortiz, etc etc.  Those were certainly the glory days for the UFC in my opinion, and have to think they were the most popular days of UFC's history (though I could be very wrong about this).  

Anyways I had really lost a lot of love for it, especially seeing douchebags like Connor McGregor run the show for such a long period of time.  But now I'm pretty pumped to have a new favorite fighter in Paddy the Baddy from Ireland.  Anyways else become a fan of his too?!

UFC had to make Conor the poster boy. Because if I remember correctly UFC was not having a good time during that period. And Connor McGregor was the one who started to sell more and more fights. He was also getting people very interested in UFC. And after all, UFC has to generate profits. Otherwise, they would cease to exist. And Dana White also said that himself. He is going to give those fighters better chances who can bring in the money. And at that time there was another problem. All the fighters started saying that they wanted” money fights.” But they were not bringing in the money.

As far as I am concerned, Paddy Pimblett is actually a bit overrated in my opinion. And I think this controversial opinion is going to be proven once he starts fighting against top level fighters.

1334  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: November 29, 2022, 01:50:51 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=171509
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EARNED merit in the last 120 days: 4
Gambling onboard.  Smiley
1335  Economy / Gambling discussion / Re: FIFA 2022 world cup on: November 28, 2022, 08:22:49 PM
I remember when Uruguay beat Portugal in 1/8 when Edinson Cavani scored a double... But I think that this time Portugal will not lose and will even win this game... They have a young team and there has been a generation change of players, unlike the Uruguayan team... My bet is that both teams will score and Portugal will not lose...
Portugal have the upper hand in this game for the quality of their players, but that doesn't mean they will beat Uruguay easily. As we know, Uruguay must avoid defeat as much as possible to still have the chance to qualify for the round of 16. At this moment, Uruguay has lost points in the first match by only drawing against South Korea, so if today they lose to Portugal, they may have to go home sooner.

For now Portugal is playing well and pressing Uruguay's defense well, but you haven't scored a goal. But anyway, no one needs to underestimate Uruguay in this match. They can also win if Portugal let their guard down.

In my opinion, Portugal has an edge over Uruguay at the moment. Uruguay's current situation is not much better than Portugal's at the moment. As it is Cristiano Ronaldo's last World Cup, he is determined to give everything that he has because it is his last chance to win. In order to accomplish this, the Portuguese team will also work very hard to win the game. This will enable the Portuguese team to take the team as deep into the World Cup as possible.

If this was two or three years ago, and Suarez was in good form, I would have said that probably they had a chance. However, right now I think it’s Portugal who will have the upper hand.

65 minutes ongoing, Portugal 1-0 Uruguay
Bruno Fernandes scored 1 goal.
1336  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 28, 2022, 08:08:43 PM
I think Hakim Ziyech will still be considering a move away for better opportunities and playing time because it looks like he has fallen out of favour with the new manager talking about Erik Ten Hag. At this point I doubt if he will be granted an extension for further years. I still wonder why a player like Ziyech is not getting playing times at Chelsea. He needs a chance to show how much he can help the team.
If he show a good result during training or match, of course Graham Potter will let him to play. Ziyech has been played for 3 times when Tuchel still become Chelsea's manager, it's a match between Southampton, Leeds and Dinamo Zagreb, but as you can see Ziyech doesn't score any goal, moreover his shoots is really bad. I'd say Ziyech is only lucky during world cup match, we don't know how stable his performance.
I believe Ziyech is trying to prove his worth with the ongoing World Cup in Qatar especially with his assist for the second goal scored by Aboukhlal for Morocco, it's a pity he had not been given enough playing time in star-studded Chelsea by the duo of Tuchel and Graham Potter and with January transfer window coming up it's very obvious he will sign for another club in Europe were a regular playing time is guaranteed, there was a speculation that AC Milan wanted to sign before the beginning of this summer, Ziyech is good player and had been having an positive impact for Morocco.

It's a shame that he did not get the playtime that he wanted. I think he could have done much better if he was given some proper chances. He was not given enough chances to prove what he was worth.

In 2020, he signed a contract with Chelsea, but since then, he hasn't received enough playing time at the club. It feels like a waste of talent. Chelsea would have done much better with him regularly playing. But it is also true that Chelsea has a lot of star players in the team. So basically they find it really difficult to rotate the players. So, obviously there is no point for him to staying in Chelsea anymore. And he will also be able to perform well in other teams where he is given enough playtime. At this point, if Manchester United wants him in the team, he should actually be there because he will at least be able to play regularly.
1337  Economy / Economics / Re: EU Moving to Ban Privacy Coins: Report on: November 28, 2022, 09:33:35 AM
Absolutely expected! Unfortunately, almost any product can be used both for the benefit of people and for harm. Cryptocurrencies are no exception. In addition to technological advantages and new opportunities, cryptocurrency has become a "solution" for criminals of all stripes - from drug dealers to totalitarian or terrorist regimes who want to use cryptocurrency as a mechanism to evade control, circumvent sanctions, etc. Therefore, unfortunately, there are such laws

What you say is man-made behavior and not crypto or any technological product that causes such things, all products are created for good purposes, but people use them in the wrong way. Without crypto, criminals still use other forms of alternatives and they have never dropped even without crypto.
I don't expect them to get rid of privacy coins because they are really good in a way but it's inevitable, sooner or later privacy coins will disappear from the market altogether.
1338  Bitcoin / Bitcoin Discussion / Re: I want sell my house for bitcoin on: November 28, 2022, 09:16:46 AM
I think you've got the answer to your own question.
Quote
it's different when compare it with bitcoin

Don't just look at the growth of bitcoin without taking into account the risks it brings. Your home doesn't increase in value, but at least it's safe for you and real estate is considered the safest asset. For bitcoin, it might give you 3 other houses but could make you homeless in the future.
Don't and absolutely must not do that, invest with money that can be lost and make sure it doesn't affect your family's life.
Bitcoin investment still not guarantees secured profits because of its high volatility, so never compromise your property just because you are tempted on the future profits of bitcoin. Your property will always be your own possession no matter what but with bitcoin, you will never hold an assurance that it won’t lost its value and you sell it eventually at a cheaper price. You can always invest in bitcoin if you want, but only an amount that you can afford to lose, and selling your house will never be reasonable and definitely an illogical thing to do.
Maybe selling a house in which a family resides is illogical. Here the house OP have planned to sell is an additional house that is not in use. Selling the house could help him invest into cryptocurrencies. One thing, he need to prepare his mind to accept the positive and negative market move. Also, he should have the patience to experience the best out of the investment. If his plan was to sell the house, buy bitcoin and the next day sell bitcoin and buy two house. This won't happen.
I say something, if you have a house to stay and live in and if you have another house that you don't use and that you don't want to rent, I would sell and buy the bitcoin because I know that this investment is going to become very large, the bitcoin is at 16 thousand dollars, it could be that it reaches almost 100 thousand dollars and the person earns a lot of money and can buy a better house than the one he sold and a car and everything.

people sometimes do not see the fruit that can be obtained from a good investment, some buy cattle, others invest in the stock market, others put their money in investments that what they do is steal money, but the one who invests in bitcoin is a person who will never lose money.


We all here know that investing in bitcoin can bring huge returns but no one here can 100% guarantee it will happen its all just guessing and hoping it does real.

Of course OP could sell that house for investment but what people want him to understand is that the investment is risky and the higher the return the higher the risk and bitcoin is not a get-rich-quick, nor does it guarantee 100% returns, there are still risks with bitcoin.

If you dare to affirm that bitcoin will be 100% profitable in the future, then I think you can also sell all your assets to invest in bitcoin, not just idle assets.
1339  Alternate cryptocurrencies / Altcoin Discussion / Re: Bad beginning for crypto beginners. on: November 28, 2022, 08:58:11 AM
...

 Bad beginning never end up in good result ,rather  it ends in regret, waste of fund. The problem why some beginners starts investment in a wrong way is because they are too busy and think knowledge is time consuming.

I disagree with your statement, are you sure you are off to a good start and that you have never made a mistake in your investment journey? Most of the newbies in the market will have a difficult start because of simply lack of knowledge, and no leader… it can be said that they don't know where to start. But as long as they realize their shortcomings, never stop learning, and don't give up after falling, they will become real investors like us.

Exactly! Failing is a part of the journey especially if you are new in the crypto world, even the veterans still have losses because of the market's unpredictable movement, so, what would you expect for the beginners, right? Failing is way to learn so that you can improve the next time you will take some risks. Moreover, I don't really believe that this time is a bad beginning for the beginners because it is up to them if they will equip themselves with the knowledge needed to survive in this space, so of course, without that knowledge then there's really no luck for you here. Aside from that, this time is not really that bad to start because it is even a good way to start and accumulate coins while you can still buy it at a much cheaper price before the market recovers.

Beginning with a bear market to me can be called luck rather than a bad start, most newbies are confused and panicking when the bear market happens but if someone is lucky enough to start a bear market, they will taste the rigors of the bears and that will be extremely helpful to them later on, they will have a huge advantage over those who have never experienced bear season. Invest in bitcoin, sometimes we don't need to learn too much knowledge, what we need most is patience and waiting and these are only in the bear market, the bull market cannot teach us these things.
1340  Economy / Speculation / Re: How low will BTC's market price go? on: November 27, 2022, 11:47:40 PM


I hope BTC doesn't dip below $10k, or we'd be "toast". Most people are only into Bitcoin because of the price, so a major downfall would surely scare away the general public from investing into it. This will result in loss of confidence as we speak. Why do you think people still trust Gold these days even when there's Bitcoin in play? People trust Gold because it has never experience (AFAIK) a huge downfall in price, making it a stable and reliable store of value. You'd just invest into Gold, forget about it for a couple of years, and then come back with your money nearly intact (Gold is volatile but at a much lower rate than Bitcoin). If Bitcoin were the same, things would've been different by now.

At least, we all know prices won't be down forever. The next halving comes in 2024, so it's likely market prices will rise after that. If you buy BTC at cheap prices now, you'll be able to reap the benefits in the future. Who knows how far will the cryptocurrency go? Just my thoughts Grin

If you believe in bitcoin then you should raise your glass when bitcoin price hits 10k, I will do the same if bitcoin drops to 10k. Although many people will leave the market thinking that bitcoin is on the verge of death, sometimes the fear of others gives us an opportunity. If everyone has a strong belief in bitcoin and no one wants to sell their bitcoins then we won't have a chance to collect more bitcoins. The marketplace is a battlefield and it's inevitable.
The market needs to get rid of weak hands and needs to attract new investors, which is a sign of a stable and developed market.

If bitcoin is stable like gold, I don't think it will be good for bitcoin because people look for bitcoin for its profit, if bitcoin is stable, I will choose gold over bitcoin because gold is more widely recognized and popular.
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