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1361  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you fall for the current dip and sell off on: June 10, 2021, 01:30:14 PM
Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...

According to GlassNode - which is by the way a great site - a lot of new hodlers sold while long-term hodlers did not and which used to low prices to buy. So the losses must have been realized by short-term holders, mostly people who bought at $50-60k and panicked while the price dropped.

Here are some good graphics which underline this:





Source: https://twitter.com/WClementeIII/status/1402336221205078017?s=20
1362  Economy / Gambling discussion / Re: ⚽UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 10, 2021, 01:11:22 PM
I saw that the odds for Portugal and Germany winning the tournament are exactly the same, and for France the odds are a little better. To be this is a surprise since all three are in the same group and there are some decent chances that one of them won't even make it out of the first round. Can't we profit of it? Like betting on France winning and either Portugal or Germany getting knocked out in the first group?

Sure, you can bet who will reach quarterfinals and who will not. But the odds of who will win the tournament with the odds of who will fail in the group stage is always strange. I have seen this in the last tournaments as well. But this can hardly be exploited in my opinion because you can bet that France will make it to the quarterfinals, but it's not certain that they will win the tournament.
1363  Bitcoin / Bitcoin Discussion / Re: I Don't Want To Hear Anybody Crying When BTC Will Reach 1M Per Coin! on: June 09, 2021, 12:55:28 PM
You had your chance to buy at $1.
You had your chance to buy at $10.
You had your chance to buy at $100.
You had your chance to buy at $1,000.
You had your chance to buy at $10,000

You still have the chance to buy NOW.

If you've failed all these times you deserve staying poor. No offence, but I think you had all the chances in the world. We can't make you rich by force.

There might be some truth to that.

I remember the discussions a few years ago, so it was discussed whether Bitcoin can reach $1,000 one day. Then whether Bitcoin can reach $10,000 one day. And now most agree that it is only a matter of time before BTC reaches $100k and accordingly $1 million dollars is not that far away. I now believe it is possible, although I was skeptical for a long time. Admittedly already at $10k  Cheesy
1364  Economy / Gambling discussion / Re: UEFA EURO 2020 Discussion Thread | Current Phase: Finals in June 2021! on: June 09, 2021, 12:51:38 PM
According to the Swedish Football Association, Dejan Kulusevski and Mattias Svanberg were both positive for COVID-19 and will miss the first EURO match against Spain. Kulusevski remained in Stockholm while Svanberg travelled with the rest of the team to Gothenburg but was isolated at the team hotel. As of yet, no replacements have been called up.

So both teams have Covid-cases now. I think it is irresponsible to let the game take place. Firstly, because other players and the coaching staff could be infected, and secondly, because it is a distortion of competition if some of the players are absent because of the infection. I think that overall we will have a bigger problem at this European Championship due to Corona infections.
1365  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 09, 2021, 12:48:55 PM
It is a very contradictory scenario. On one hand, the altcoins need Bitcoin to survive.

I would say this is a bold theory. No altcoin actually need Bitcoin to survive. It's just that at the moment Bitcoin is the main trading currency to most altcoins and therefore serves as an intermediary tool. You could also say Bitcoin is the USD of the crypto world. But just as in the non-crypto world, where the influence of the Dollar is diminishing, the influence of Bitcoin on the crypto world is becoming more and more limited.
1366  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto and energy consumption on: June 08, 2021, 06:53:55 PM
I honestly don't know why crypto and energy is now talk of the town, we all know that mining of coin consumes energy and is not only mining of coin that consumes energy. Now that elon musk is talking about btc consuming alot of energy is like starting a war. We should all know that something like this might come up sometime, we just have to be prepared when next something like this comes up.

Did you live in a bubble? Besides Corona, the most discussed topic worldwide is certainly climate change and the possibilities to stop or at least limit it. That is why many countries have decided to soon no longer allow gasoline engines and switch to electric energy forms or, for example, to phase out coal energy. It was foreseeable that crypto with its partly horrendous energy consumption will come into focus sooner or later.
1367  Economy / Gambling discussion / Re: UEFA Champions League Discussion Thread on: June 08, 2021, 06:50:28 PM
If you looked at the possibilities and chances for Chelsea to become champions, you would have been rich by now. Still, you kind of saw this coming. In the semi-final against Real Madrid they were 2x much better and they should have won 2x big. And I read that they had already won 3 of the last 4 head-to-head matches against Man City. Chelsea is better than many people think. Of course it also has to do with the trainer. Last year CL final with PSG and now the title with Chelsea.

Yes but those 2 wins against Manchester City before the final no one took them seriously as Manchester City were already Champions of the Premier League and their full focus was on the Champions League.So many people including me believed that Manchester City would win in the final of the Champions League so we lost our bets.I don't think anyone can be rich with a single bet or a few bets.

I think if Guardiola had followed a new strategy, maybe Manchester City could have won the final. We all know the main strategy of the Chelsea team is counterattack. And they have scored counterattacks in almost all of the matches Chelsea have won against the big teams. And similarly in the final they scored from counterattack and became champions. Guardiola should have resorted to new tactics to resisted this counterattack.

He didn’t need new tactics, he had to put proven players and not change the team system they played most of the matches. Guardiola always comes up with something new in important matches and constantly loses. Until he changes that rule, he will not be able to win the Champions League.

What I never understand about Guardiola's tactics is that he almost always plays with a very consistent tactic all the way to the quarter and semifinals and is extraordinarily successful with it. But then he suddenly starts changing these tactics again and again in important matches, although there is no real reason. He would certainly be more successful internationally if he followed his tactics to the letter and didn't keep trying something new. To me, the reason for the change of tactics is not really obvious, except that he is looking for the element of surprise.
1368  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 08, 2021, 06:45:56 PM
I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.

Is there no independence in the cryptocurrency world?

Thank you!

Well, you can say 99% of alts go in the direction of Bitcoin. When Bitcoin falls, so do altcoins. When Bitcoins rise, Altcoins rise too. Sometimes there is a certain time difference between the relation, but in general this is the direction since cryptos emerge. Depending on the market phase, there are always individual coins that escape this trend, but these are very rare and usually short-lived.
1369  Economy / Economics / Re: El Salvador plan to make BTC legal tender on: June 07, 2021, 05:08:40 PM
Just did some little research after I read the news. On the one hand, it is good to see the first country calling Bitcoin a official payment option. On the other hand, El Salvador is a small country where cash is pretty widespread because the infrastructure for bank or mobile payments are pretty bad and underdeveloped. Thus, the question will be to what extent the vast majority in the country will be able to use Bitcoin or pay with it at all.
It may be an option for tourists, but whether the acceptance in the country itself will be so great, I dare to doubt.
1370  Local / Deutsch (German) / Re: Bitcointalk Tippspiel 'EURO 2020 ' sponsored by Bitcasino.io! on: June 07, 2021, 04:59:33 PM
und noch eine info an alle teilnehmer...
die bonusfragen bzw. die antworten müssen noch vor dem ersten spieltag abgegeben werden - ist das so richtig?

Ja, steht glaube ich auch direkt bei der jeweiligen Frage mit dran bis wann sie eingereicht werden muss. In diesem Fall müssen alle bis zum 11.06 beantwortet sein, wenn nicht dann hast du nicht die Möglichkeit dadurch Bonuspunkte zu kassieren.
1371  Other / Beginners & Help / Re: Question about bitcoin taxes and signature campaign payment on this forum on: June 07, 2021, 04:53:52 PM
There is no blanket answer to this. Each country taxes it differently. In some countries you pay almost no tax at all and in others you have to pay full tax at your income tax rate.

However, there is one rule that is the same in many countries, and may also apply to your country: income from self-employed work such as bounty activities must be taxed as regular income. Income from capital gains (e.g. you buy cryptos today and sell them two years later at a profit), is often subject to a different lower tax rate or is completely tax free.
1372  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 07, 2021, 04:01:46 PM

Bayern Munich's dominance in the Bundesliga is known to the public. They have enough financial strength as one of the biggest team in the Bundesliga so that many star players can be brought in to strengthen the team. Therefore, I feel it will be difficult for other team to compete with Bayern Munich and maybe many people don't think the Bundesliga is an attractive league for that reason.
In the Bundesliga, everything is really quite predictable, and clubs cannot compete with Bayern Munich precisely because of their financial capabilities. Borussia Dortmund could fight for the championship, young talented players come in the team and sell them to clubs like Bayern. I think that this is just a different policy of the clubs, someone wants to become a champion, but for someone it is important that the club brings money.

I agree with you, predictable in terms of the winner of the championship. But not in terms of other developments. For example, who would have expected Schalke to be scandalously relegated at the beginning of this season, with a team that was designed to participate in the Champions League? The same applies to the development of Bremen or, in a positive sense, Frankfurt and Wolfsburg.
1373  Alternate cryptocurrencies / Altcoin Discussion / NFT hype is over, next hype please on: June 06, 2021, 02:27:09 PM
That was a pretty short hype, but you can state that the NFT hype is over. This can be measured most clearly by the prices for NFT projects and NFT tokens. If you take Chilliz, for example, the price has collapsed by 75% from the high. In comparison, Bitcoin is currently valued around 45% lower from its high.

NFT hype is over, what do you think will be the next hype to prepare for?
1374  Other / Beginners & Help / Re: Newbies panicking. on: June 05, 2021, 05:35:20 PM
Every red market is a blessing if you know your ways, investors are so focus on continues surging that's why they panic once dips happens, there is no magic behind this than having more patience, volatility is a must in crypto market

It could be observed that private investors in particular have sold recently and thus panicked. Professional investors have used the decline to build up their positions or even to enter for the first time. There were several large investors who even invested 1+ billion. Therefore, in my opinion, we will not see any major declines from the current level.
1375  Local / Deutsch (German) / Re: Bitcointalk Tippspiel 'EURO 2020 ' sponsored by Bitcasino.io! on: June 05, 2021, 10:51:04 AM
So, hab nun meine Teilnahmegebühr auch überwiesen.
https://blockstream.info/tx/04ff3cb0c913e0c7b31711e7ae6eb69ad6f6a63ad0236a5998e4aba8aa84769c

Eine Frage zu den Regeln:
Was bedeutet denn dieser Punkt? Bonustipps: 4 Punkte für korrekte Antwort
Welche korrekte Antwort ist damit gemeint? Wer Europameister wird?
1376  Local / Deutsch (German) / Re: Bitcointalk Tippspiel 'EURO 2020 ' sponsored by Bitcasino.io! on: June 04, 2021, 10:35:26 AM
Ich bin auch dabei. Zur letzten WM hab ich das Tippspiel in unserer Firma gewonnen, gab immerhin ne gute Flasche Wein Cheesy

Werde die Teilnahmegebühr ebenfalls bis zur Frist überweisen, ich schau nur wie man dies aktuell so kostengünstig wie möglich hinbekommt. Bei so kleinen Summen sind die Gebühren im Verhältnis immer noch recht hoch :/
1377  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge is to hold should not be trading on: June 04, 2021, 10:31:50 AM
And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin.

Well, if you look at Elon Musk's behavior the last few weeks, it's anything but professional and trustworthy. I wouldn't trust him with my savings.
Moreover, he is only a billionaire on paper, due to the extremely high valuation of Tesla shares. If Tesla gets into trouble in any way, many of his billions will quickly vanish into thin air. The same could happen with your Doge investments Wink
1378  Economy / Economics / Re: Are you making money online? on: June 04, 2021, 10:17:50 AM
Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.

I don't usually give investment tips, but if you're looking for reasonably safe investments with daily dividend yields, check out the Waves Platform.

But back to the topic at hand: You write that you don't need much. That is relative to the country you live in. In the US that means maybe $2000 a month, in Thailand $200. I wouldn't start on any freelancer site, the competition is now enormous and the prices have dropped extremely in the Corona crisis, as everyone is looking for jobs. I would look for opportunities in the crypto space. It is one of the fastest growing areas and there are almost endless opportunities to profit from it. Signature campaigns are only on section, but also referring people for new services in this area. For example, if you get one or two regularly active users on a gambling site, you can make hundreds of dollars easily, same to site like Bitmex or ByBit for example
1379  Alternate cryptocurrencies / Altcoin Discussion / Re: Polkadot is the Real Ethereum killer? on: June 04, 2021, 10:07:08 AM

If in Ethereum the price will be so high people would use other blockchains such as Polkadot. Now Polkadot blockhain is the most popular for staking. Here is statistics. https://twitter.com/PolkaSyndicate/status/1395076543236526083. This numbers shows how many people use Polkadot blockhain.

I checked the statistics. Very interesting facts. Such statistics show a big demand in Polkadot blockchain and I trust this numbers.

For now Polkadot has bettere technical characteristics than Ethereum, that is why ecosystem of Polkadot is actively growing. But for now Ethereum has more users and bigger ecoseytem than Polkadot. That is why Ethereum takes 2nd place for capitalization, Polkadot 8th place.

If you believe Polkadot is the real Ethereum killer then you should have a closer look into IOTA Wink It was released yesterday the devnet for IOTA 2.0. When the final version of 2.0 is ready and everything works as planned, IOTA will be the Ethereum killer. Unlimited scalability with no fees with less energy consumption.
1380  Alternate cryptocurrencies / Altcoin Discussion / Re: Scenario of the crypto market in near future. on: June 04, 2021, 10:03:41 AM
"the point is to keep buying when the market is down. and the market will always repeat itself, no matter the situation" these are words I often hear when I learn from the experts. and it's all real, everyone has experienced this and is a witness. and you are one of them. so if later the trend turns to bear. You don't have to be afraid, buy more.

If you continue to buy coins every time the price drops, then you can become a holder for a very long time, if the trend turns out to be bearish later. Buying at a lower price should only be done if you are confident that the bull run continues. Otherwise, it is better to close the position and wait until the market situation becomes clear.

By being in the market for almost 10 years now, I can say that it is never really clear what the market situation is.  Of course you can focus on technical analysis but this does not work pretty well for crypto market. No one has seen the last long lasting bear markets, not from 2014-2016 and not from 2018-2020. If you believe in the whole idea of crypto currencies then it is never wrong to buy and hold for a longer time, but only if you do not need the money urgently.
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