Bitcoin Forum
May 26, 2024, 01:58:46 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 381 »
1321  Economy / Speculation / Re: Bitcoin expected (implied) volatility below 50: Sign for a bull run? on: July 18, 2023, 08:24:04 AM
Might not be such a fresh indicator for some, but certainly at the back of my head I've always had it in my gut that when it's been majority sideways for a really long time, it's the calm before a storm. Now, whether that means volatility following a bull or a bear, never been able to tell.

It's the age old conundrum. Low volatility suggests consolidation for a show of strength. But is it for the bull or bear? I doubt there's strong evidence to point to either side, and even the chart seems 50/50 in either direction, correlating low volatility, and spikes, with price direction.
I seriously do not know if it's for a bull or bear, I can't guarantee anything at all. However, if we put what we have in front of us, we can easily say that it's not going to be that much of a hard time deciding what's going to be the case. Like we have halving next season, been up a lot this year, and we are getting end of the year for our Q4 period as well.

When you combine all these, you know that in the crypto world all these matters, and that shows that maybe an increase is quite likely and could happen. That is why it's going to be very important and we could make some difference without a doubt. I just hope that it doesn't get to a point where things go "too" wild because in that case everyone will be in panic mode for sure.
1322  Economy / Speculation / Re: Bitcoin to $120k next year - by Robert Kiyosaki on: July 17, 2023, 01:22:23 PM
Dont forget that Robert Kiyosaki is a businessman and influencer on first place, and was never a market analyst. He has been predicting Bitcoin to cost $500k by the end of 2025 and $1.2 million by the end of 2026. He has been making predictions every quarter. His real goal is to stay visible on the media and to sell his books. Dont forget about that every single time you see him making a prediction. In fact, check out his biography on wikipedia. If he is good at making predictions, then why all of his businesses went bankrupt?
His other business went bankrupt and maybe he is now trying his luck on selling books but it seems the faith of it will end up the same as the others because of how bad he is on predicting stuffs. Even the newbies will find it funny. Like what @DeathAngel said, maybe $120k was still possible by next year but there is no way it will jump to $500k only by just 1 year and then $1.2M after it.

We aren't even sure if $500k is possible but if ever it is then maybe it will happen in the next 5 or more years after 2024. Even without those high values, it will still be possible for us to earn through fluctuations. We will only buy low and wait for the recovery to sell high.
1323  Economy / Gambling discussion / Re: Bitcoin Betting Beginner’s Guide on: July 17, 2023, 11:45:26 AM
It is better for us to anticipate using an intermediary wallet, not from an exchange, to avoid problems arising from our exchange account. In addition, we will also be safe in using the funds in the wallet because they are not stored on the exchange. Whenever we want to gamble, we always use an intermediary wallet which we can freely use for many casinos. And our exchange account will also be safe and will not be suspected of being used for gambling or other things because the exchange team is very alert to transactions that they think are suspicious or can violate the exchange rules.
It's not about the wallet and exchange you use but it's about their terms. Some of them allow any types of transactions but in order to be sure, we must only read their TOS. Some exchange users send their funds directly to the gambling site in order to save fees but if they don't know that it's against on the exchange terms, they will suffer more than the small fees that they are trying to avoid.

In many gambling sites, they already have a built-in exchange. This feature is helpful and it's better to use it than a dedicated exchange site if your intention is to gamble right after you exchange your coin. There will still be fees on here but at least we can save time and effort.
1324  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 17, 2023, 10:36:50 AM
unfortunately when there is money involved, even family members have issues, of course...two people who weren't even so close friends it's a serious issue.... Roll Eyes

in general, in these situations it is always better to clarify everything regarding the bet/money
in the past I made "funny" bets with some friends who turned out to be successful... but no discussions, it's not good wasting time on certain things, in many cases a friend is worth much more than the amount won.
This always happens. I'm referring to betting for fun, or betting when you are not expecting anything but these bets are usually the ones who are successful or the ones that can give you more profit. It's great that you didn't have an argument with your friends right after the incident. Not all people value money so much, that they will do anything only to get the most of it even the return of it is they will hurt someone else.

You are right and besides money can always be found. Sometimes easily but a true friend that we already have now will take a long time for us to see a replacement once we destroy the friendship that we already built on them, so we need to take care of it.
1325  Economy / Economics / Re: Can Twitter Stock Experience the same Rise? on: July 17, 2023, 09:48:30 AM
Zuckerberg has accumulated his wealth through technology advancements, and I believe his experience in this field will prove valuable, even though not all of his technology projects have been successful. On the other hand, Elon Musk's perceived arrogance and disregard for the customer base have led many to contemplate alternative platforms if they exist for Twitter
Twitter as a platform was losing users even before Elon, however once Elon took over Twitter they have lost way more users, however while this may sound like a bad thing, and in a way it is, stockholders at the end only care about the profitability of the company and not about the number of active users.

And in that regard I am not so sure if Elon is doing so badly as he has reduced the expenses of the company as many people got fired as well, so it is possible his administration has not been as bad as we think it has been.
I think it's normal for a platform to lose its users but they can also gain users. Twitter was the second biggest social media site next to FB (if I'm correct) so their users are also high. Stockholders should care about the users or its numbers because this is what makes a company successful. They are the ones who avail a product inside the platform. Maybe it's only one of the strategy of Elon to reduce his employees to maximize his income?

And I can see that he add some features which can make him earn more money. Another reason for the employees being laid off is because of its new management and he might be planning to replace those employees with a new one.
1326  Economy / Speculation / Re: When will you sell...next bull run? on: July 17, 2023, 08:36:33 AM
I'm not being too greedy, but I don't even have any take-profit plans yet, but I will definitely sell off my holdings if I have any when I see it hit a new ATH, even if it takes just one bull run to do that. But that won't stop me from refilling my bag after I have taken a profit; I will wait for the right time to enter the market again.
Before we invest, it's important to have a plan like if what time we will buy or sell, so that you can be successful of earning a profit. We don't want to invest for nothing as that doesn't make any sense. To sell when the price of our coins hits their ATH is a form of a plan. That's better even though it will take time for you to see it.

At least you will now sell, take profit and never miss an opportunity especially a really good one. I think in each bull run, most coins will have an ATH. Re-investing again is a good idea to make more profits. We don't want to be confident early as money can be spent easily nowadays since the price of the goods are also at their All-Time-High.
1327  Bitcoin / Bitcoin Discussion / Re: Argentina Launches it's First Bitcoin Futures Contract, Brazil To Follow.. on: July 16, 2023, 03:59:58 AM
It is no longer news or a thing to be really surprised about that different countries are now making moves which points to them adopting bitcoin..

It is in the news that Argentina, a Latin American country, has embraced bitcoin with the launch of the first bitcoin futures contract in the country.
I would guess that this is a good thing for Brazil but not sure about Argentina. Because bitcoin world will not see that much money coming in from Argentina, it's not a rich nation and that means there aren't all that many rich people there that can help the price grow.

On the other hand Brazil is a huge nation, still terrible economy of course and needs to grow a lot, but the wealth gap is there, which means that there are some super rich people there, and if those people get in with the futures, they can get in with buying as well. That's why that could be something good in the end, I am guessing that it will be a profitable business when this grows into a lot more nations and a lot more people as well.
1328  Alternate cryptocurrencies / Altcoin Discussion / Re: Durning bull market we will received many good bounty? on: July 15, 2023, 09:51:20 AM
The bounty time almost death now so if bull market will coming then we can received lot of good bounty!
There are no good bountys available to earn money right now. So what's your target? When we will received good bounty?
I don't think that there is any connection with bull run for goods bounties. Yes it is true that in bull season the number of new projects will be increase and here you will find more bounties but you have to understand that As time goes on, this bounty sector will get worse, because if you see how many scam projects there were in 2018-19 and how much has increased now, then you will understand. That does not mean that good projects do not come out, good projects definitely come out, but since the number of people in the bounty sector is very high, in this case, it is seen that limitation is coming in good projects or what ever you say bounties
The connection could be that more projects get funding during bull run, which means that they have more money, and because they have more money that means they do more marketing and get a lot more hype, and there are a lot more people with funds to invest into it, so if you do bounty and get some tokens, it may end up worth something. Of course this is still a very small chance and not what's going to happen all the time, we are not going to see this and it's not going to be easy decision in the end.

I believe that the best thing we could do would be staying away from bounties, even on the bull run, and yes there is a slight increase in chance that it will make you money, but it's not an ideal way of making money anyway.
1329  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 15, 2023, 08:52:09 AM
I would not say that the Bangladesh team's performance was very good today. But I don't think that Bangladesh will win this match after giving more than 150 targets to Afghanistan. Bangladesh won only on the performance of Shakib, Hridoy, and Shamim.

A target of 155 runs is big enough on such a pitch. And Bangladesh lost the first three batsmen of their top order for just 39 runs. They also lost the wicket of Shakib while collecting 64 runs. After that responsible batting by the duo of Towhid Hridoy and Shamim paved the way for Bangladesh to win. Hridoy remained unbeaten on 47 runs and Shamim played an innings of 33 runs.
Both teams in level with Bangladesh bowlers done good job in early overs and have good wickets which bring Afghanistan under pressure but still their veteran all-rounder Mohammad Nabi done good job and bring his team at decent score while they were having 87 for 5 there was no chance to have target like this but good job from tail-enders done good job.

But while chasing Bangladesh were also decent which allow them to have game into their favour, Towhid Hridoy and Shamim Hossain ends all Afghani hopes for the win and have lead in this series.

Last over hat-trick from Karim Janat bring some thrill into the match, but there was not enough chance for the Afghanistan to have anything positive from here now second match is going to be had tough fight.
1330  Bitcoin / Bitcoin Discussion / Re: Understanding Bitcoin's Potential Realistically on: July 15, 2023, 06:50:55 AM
Satoshi created bitcoin with the aim of making it a peer-to-peer currency that cannot be controlled by the government, he did not mention that bitcoin would become the solution to all problems in the world. But ironically, so many people who aren't its father are propagating it as a god who came to save our world from trouble.

To me, bitcoin is just money, a tool to help me earn money so that I can have a better life, other than that, it is nothing else in this world. When I say this, it will probably make many people unhappy, but other than using it for profit, I don't see any additional benefit to my life. We have more important things to care about, not just bitcoin.
I would say it's also a good investment as well? I agree with everything else you said, it's a money and not a solution to all the problems but at the same time when we are talking about just money, we are missing the part that it's also an asset and can make you money as long as you keep it as well.

It is going to be hard to accept it and all that but I believe that we should be considering a problem if we do not hold it. Work for it, earn it , make money with it, and then invest in it as well if you have any left over after you spend it. That's how you should be approaching it. Do not consider it as a solution to all problems of course, but it could be a good investment and a currency to spend at the same time without an issue.
1331  Bitcoin / Bitcoin Discussion / Re: Positive thoughts and attitude towards Bitcoin. on: July 15, 2023, 05:58:59 AM
You understand the risk, that's all that matters OP, and also you got in at the right time, I doubt Bitcoin will ever see 17,000$ again, I believe that is a case closed for this bear market, if you have a good job I will advice you to keep accumulating, what I've learned in crypto space when it comes to accumulation is to always have some money set aside for opportunities, we are not out of the bear market yet, if BItcoin head down to let's say 20k how are you going to take the advantage again? So always have some USDC in your wallet for possible future opportunities.

You are in good hands since you understand the risks, it feels great seeing a newbie taking this risk as an opportunity, if you can hold firmly you will be happy with your decision in a few years from now.
That's the most important point, it is not going to see that type of bottom again, I can't see bitcoin ever being under 20k ever again, not just short term but ever in history bitcoin would see under 20k again, not in our life time I guess.

Of course there is a risk that something much bigger comes out and bitcoin is old news and we do not use crypto anymore, in that case I can agree that there could be some situation and we would live in a world where it is going to hurt a lot, but that doesn't mean that we are going to see it work well, it is just a risk they are taking. So all in all, bitcoin being high now means that people who bought lower will end up constantly be in profit, as long as you hold your coins, you will grow your profit.
1332  Economy / Trading Discussion / Re: Trade with caution on: July 14, 2023, 07:11:31 PM
The meaning of greed varies from merchant to merchant. I agree with your opinion that when the target has been reached, traders should immediately take profit rather than expecting a bigger profit. It was greed, of course because they had set a target. So obviously they have to be very consistent with their strategy and have to exit when the targets are met.

But when it comes to holders then I don't think they deserve to be called greedy especially long term holders. They need not give up on the plan if they still see a greater potential for more returns in the long term.
Considering the price went from 15k to 30k+, we could consider that greed could be a good think. If you bought at 15k and sold at 20k not to be greedy, you would have lost a 50% increase, if you sold at 25k, still same, hell even if you sold at 30k, there was another thousand dollars increase that you missed and maybe it will keep on growing more in the future? I believe that we shouldn't really consider this as a big deal, it is not really as big of a deal as you think it is.

I believe that we are at a stage where greed is good because the price might go a lot higher. There are a lot of people who end up with a return that will take some time and with halving around the corner we could go into big bull run, so keeping your coins and not selling them is still a smart choice.
1333  Economy / Speculation / Re: When will you sell...next bull run? on: July 14, 2023, 06:38:10 PM
As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.
I'm sure one day Bitcoin will reach its newest ATH, maybe it will reach $100k but I don't have to wait for that price for me to sell my Bitcin, right now I think before investing we must have a profit plan so when the target is reached I will sell it and will buy it again when the market is being corrected.
But all of that comes back to each of them because everyone has a different strategy.
I do not really have that type of selling point in my mind, because I do not know how high it could get. I can't say that I would be selling at X point because then it could go a lot higher than that so I am not taking that risk at the moment. I know that it is going to be a bit different, and we should be careful about selling point as much as we are careful about buying point as well.

Many people end up with nothing at all and I would rather not have that because they ended up not caring about how high it could go in the end. Looking at the market right now I can say that it is going to be a bit different and we should be careful. I know that many people think that they can sell for profit and be happy, but if it goes x2 after you sell, even if you profited you would still be sad.
1334  Economy / Speculation / Re: The ideal price of bitcoin is $557,714.00 on: July 14, 2023, 12:41:16 PM
I personally see Bitcoin, it is very, very young and on its way and needs time to gain attention and trust in terms of widespread acceptance on the same scale. By the way, it looks like you also have to recalculate and adjust to conditions annually from 2024 onwards if you want to make an estimate if you compare it to the price of gold and publish the correctness of the calculation so that the audience is constantly updated.
Obviously it's not going to be that weird to see bitcoin not reach gold for a long time because gold has been around for many centuries, the first time it's used is like thousands of years ago, so it is understandable for it to be not that much close to it yet. But it will also not take centuries to reach it neither, we are going to see it do a good job in a decade or two when it reaches and that means we should be holding it.

There aren't all that many things that can outperform gold, there are a few, but not a lot and this is the least risky one. I believe that we are going to go x20 as well, and until that happens gold may go up some more so we may need to go about x25 to x30 as well. That's why it makes sense and I support it.
1335  Economy / Speculation / Re: When will you sell...next bull run? on: July 14, 2023, 09:44:03 AM
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Late 2024 - early 2025 I predict is the next ATH. - $150,000
The next bullish I will sell some to benefit from my patience holding bitcoin, I don't know how high the next ATH will probably be selling everything I have and ready to buy when the price drops again.
Honestly waiting for the next two bulls takes more time but it is a strong hold, the stronger the hold is the best for your future.
This is actually quite good situation, it will probably be like that and I agree with this prediction. Thinking about the halving, usually it goes up until halving but after a while pass after the halving it starts to skyrocket and I think that's what we are going to have. Hopefully it will be like we imagine because I am holding it as much as I possibly could and expect it to go up. If that happens then we are going to be right but also profiting a lot from it at the same time as well.

The best thing we can do is hold, there is really not much we can actually "do" about it, by not doing anything we are providing the best help we can. By early 2025 we are going to see near ATH prices for sure, that's what I believe at least.
1336  Economy / Speculation / Re: Less than 300 days left to halving - price predictions for The Day? on: July 14, 2023, 08:50:50 AM
Definitely, the price will completely depend on how Bitcoins perform this year. If Bitcoins manage to cross 50k by the end of this year, then there is a high probability that we will see 100k USD touched by bitcoins. But everything depends on the demand for Bitcoins. If the demand to acquire Bitcoins increases with time, then achieving a 50k USD price for Bitcoins will be very easy. On the other hand, if demand falls and some bad events occur, like the recent SEC lawsuit, then the price will definitely go down. So let’s hope for the best.
Regardless if we are going to cross $50k or not, I think it will be very bullish next year right after the halving. So for me, we will see a huge pump (sorry for using this word as bitcoin maximalist doesn't used it), but that's how I'm seeing the future.

Maybe in the next run, $120k minimum will be achieved. Or if we really very bullish with all the Bitcoin Spot ETF approval, then it going to be huge that we can only imagine what the price will be.
That's the point of view and that's how we should approach it. We know that it will go up, so we are arguing about how much it will go up, and that's not a good approach at all. I believe that it will go up and that's more than enough for me. I know that people are reacting to this as a different approach and they think that it's going to be different but the reality is that as long as it goes up that's good enough for us.

We should consider this as a good way of making a profit, and if we can make a profit with it then we should be happy. If it goes to 40k then it's a profit, to 50k? profit. To 60k? Still profit, and anything more would be a profit as well. So if we are talking about just how much, then we should definitely buy and hold.
1337  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 14, 2023, 08:24:30 AM
Among the Indian batsmen, Shubman Gill is the only one who missed out, as he was dismissed for just 6 runs by Jomel Warrican. Everyone else got a good boost to their career batting stats, including the debutant Yashasvi Jaiswal. Rohit Sharma badly needed this boost after a few ordinary performances in the recent past. And let's not forget those players who got the opportunity to boost their career bowling stats, such as Ravichandran Ashwin and Ravindra Jadeja. I guess that is the only purpose of this series. BTW, it was a good opportunity for the selectors to test some of the younger players (apart from Jaiswal). 
Sometime happen like this while you have big partnership then teams mostly lost 2 or three wickets so this time Shubman Gill was gone because they were feeling relaxed now we have good chance for the Virat Kohli to do something big because as he is currently playing he deserves big hundred and debutant Jasiwal is also in good touch so some more time than we will have double century from him with performance like this is going to be remembered for long time.

From here now India need another 150 to 170 runs which will be enough for them to have win by an inning because after watching first inning I have feeling most chances Ashwin and Jadeja will not allow them to have stay at the crease and create problems for them while their quality is already at the bottom of test format.
1338  Economy / Trading Discussion / Re: The green shouldn't always be the reason to enter the market on: July 13, 2023, 06:22:06 PM
It is true that in the red market, there are always good opportunities to enter and buy to hold, but there are also significant risks that we face. If you just focus on buying bitcoin every time the red market comes, you will be safe with your investment. But if you are looking for altcoins, your risk increases as not all altcoins are worth buying when the red market comes. Like in the dumping last year, besides the dead projects, I believe there will be many projects that cannot recover. Those who have rushed to invest are sure they are losing huge, and the ability to recover capital is almost impossible, let alone profitable.
Red market is great but how much red is the real question. When price went from 68k to 50k, that was red, if you bought it then you would have lost, when it was 50k dropped to 30k if you bought because it was red, you would have still lost because it went half that.

So, it is not important to figure out where to buy, it is important when to buy and yes red is true but how much red matters. I usually wait for it to go down about 70%, that is what it reaches to in the end, takes some time but it is always 70%, look at all the other crashes before, you will see that it was 70% and then it stopped and started to go back up. Of course it may go down some more, but not a lot more after that, it was just a little and that matters for sure.
1339  Economy / Trading Discussion / Re: Making a x10 or x100 by short selling on: July 13, 2023, 12:15:54 PM
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
That's true, nobody that knows crypto would think that it's simple, it's one of the hardest things ever and only a fool would think that it would make sense. I believe that it's not going to be easy at all and we shouldn't really be worried about it neither. Life is not that simple and it's going to cause a lot of people to make mistakes because of it.

People may not believe the same things you believe in, but that doesn't mean that we should respect every single opinion, like this one that doesn't make sense. Shorting is very hard and if you do a x10 shorting that means you can't be wrong too much, if it goes even just a bit higher, then you are going to lose all your money. I hope that it gets easier but shorting will never be easy.
1340  Economy / Trading Discussion / Re: One or more trading strategies, which one do you prefer? on: July 13, 2023, 09:24:32 AM
If a single indicator can make you profit from your trading every time you trigger a trade I don't see why you should complicate it by introducing more indicators. Simplicity is best at a situation like that.
That God that you put "if", meaning that those traders using multiple strategies are not fools, it might probably be that one strategy is not working for them.

In this subject matter, I will always be neutral, it's good that we respect the choice of others and use what is good for us. But in my vast trading experience, I'd used a lot of trading approaches before I resolved into using combined strategies to increase signal strength and trend reliability.

Mind you, there are many reasonable reasons people would combine strategies, and it's partly because different strategies serve different purposes. I've also not seen a professional trader who trades for a living that uses a single strategy, which is for a reason that can never be negative.

Prove me wrong on that.
This is the correct answer. If you have a single indicator that earns you money then yeah you shouldn't use anything else, but I have never seen anyone who uses just a single indicator all the time without a worry and keep on making a profit. We all know that it is not going to be easy and it is going to be a difficult job, it should not be a profitable thing to keep doing all the time and we should probably consider this a bit of a troublesome result if we want to just make sure it is doing alright.

I hope that it gets to a point where it doesn't make too much sense to keep on using a single indicator, when the market changes then your aim should change as well and you should be making a lot more profit from it at the same time.
Pages: « 1 ... 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 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 ... 381 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!