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141  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 23, 2024, 03:39:35 PM
There is no word "lose" in the Leverksuen dictionary Grin
That is the confidence of the Leverkusen players, they are allergic to defeat, they really want to keep winning or at least a draw, that is what drives them to continue getting good results, there are no more games left and it is worrying for them that it seems like Dortmund is already over. it has been proven that they cannot be beaten and we have seen that Xabi Alonso's Leverkusen remain a solid team by never being beaten this season. What people feared Leverkusen would lose to Dortmund turned out to be overridden by them with hard work.

Dortmund was unable to win in the match against Leverkusen. And by the looks of it, they are definitely starting to look like they are going to miss the chance to finish in the fourth position. They are only two points behind Leipzig. So there is definitely a chance. But if they cannot win consistently in the matches that are left in the Bundesliga, they are not going to improve and finish in the fourth position.

For them to finish on the fourth position it is also going to take Leipzig to lose. Because if Leipzig actually is able to win the rest of the matches Dortmund is not going to get ahead of them and get on the fourth position. The biggest change for Dortmund is probably the match on the 27th when they are going to actually face against Leipzig. Because that is the chance for them to get ahead of Leipzig by winning.
142  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 23, 2024, 03:19:04 PM
and this year too another championship has been decided, I have to tell the truth this time the championship was not very competitive, just think that teams like Napoli finished a lot lower in the table compared to last year who won the championship, however Bologna in the champions gave us many surprises, it's something we haven't seen for a long time and it honestly makes me happy that a provincial team has achieved a similar goal, really happy for them, good luck to Inter who put the 20th star on their chest..

Napoli is really not a good team anymore. They have not been able to win even against a team like Empoli. how do they even concede a goal against Empoli in the fourth minute? where was the defending at that time?

The defenders of Francesco Calzona's Napoli were left ball watching. Nobody actually did a good job to mark the attacking player. Even though Napoli actually had a lot of ball possession they were unable to score even a single goal. They were actually lucky to not concede anymore because Empoli actually hit the frame of the goal as well. This makes sure that Empoli is three points clear from the relegation zone. Also believe Napoli is going to finish in the mid-table this season. Champ of last season and was not even able to finish in the top five in this season. The performance was really pathetic
143  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: April 22, 2024, 04:43:58 PM
Paris Saint Germain vs Borussia Dortmund will be the match in the Champions League semifinals this season. Many predict that Paris Saint Germain will be able to win this match and qualify for the final, this is a natural thing because in this season's Champions League Paris Saint Germain also beat Borussia Dortmund in the group stage. In two meetings they were able to win once and the other time ended with a draw score, although in the end Paris Siant Germain had to be in the runner-up position at the end of the standings.

This is a very good opportunity for Paris Saint Germain, because they have a big chance of being in the final and that opens up the opportunity for them to become Champions League champions which they have always dreamed of. But the problem is that they will face Real Madrid or Bayern Munich in the final. and with 2 clubs one of whom will be their opponents in the final they are not the better of the two, and it is possible for them to fail again in their pursuit of the Champions League.

With the new coach, a lot of people are actually starting to trust PSG. I don't think the majority of people expected them to actually beat Barcelona. But they were able to do that. I think if they are able to beat Barcelona, they should also be able to beat Dortmund as well. at this stage, football can be unpredictable. So nothing is certain.

But I believe PSG should have a good chance to advance to the next level of this competition. Now if PSG is able to win and go to the final, they will definitely look to face Bayern Munich in the final. I think they would rather not face Real Madrid. If Real Madrid is in the final of the champions league, there is almost 80% chance that they are going to win the champions league. Just tell me who that Real Madrid is going to win against Manchester city? But they still did it.
144  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 22, 2024, 03:40:59 PM

Eric Ten Hag has over stayed as the head coach of Manchester United. A big club like Manchester United has completely reduced to nothing. I was shocked with the performance of Manchester United struggling to Coventry. With this performance, Manchester City will easily win them in the final of the Fa cup. There has been rumours that Manchester United will hire Gareth Southgate, the current head coach of the England national team to be the head coach of Manchester United next season. The new management of Manchester United know that for the club to move forward Ten Hag has to be relieved of his duties as the head coach. Manchester City academy boys will easily win this Coventry team that nearly knocked Manchester United out of the Fa cup. It's really a disgrace what Manchester United has metamorphosed into.

https://youtu.be/zQQDf3fAO8c?si=lV-ak-9Le0h0u4DT

Man, this just puts everything into perspective perfectly. It is actually crazy to think that Manchester United was ahead 3-0. In the 68th minute, Antony came into the pitch and came back from Coventry structure in 71st minute of the match. he literally did not do much in the match.

By the way, I have to say what was Onana doing during the match? It looked like whenever the ball came towards the D box, or penalty box whatever you call it, he was absolutely clueless. what do I say about Antony! This video absolutely sums everything up. I haven't seen a team that is supposed to be an elite team, win against a team that is probably not even at the same level as them, win by a close margin, and celebrate like that. It literally felt like they were the winner of the Champions League. Meanwhile, it was the FA Cup semifinal.
145  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the best asset for investment currently? on: April 22, 2024, 12:52:47 PM
Bitcoin is more profitable than any other investment whether short-term or long-term because of its volatility. But if we talk about safety assurance, this is certainly not the best asset ever as it is prone to hacking. Due to its high risk, many investors choose not to get involved here but rather choose to invest in real estate and the stock market.

Maybe I missed something but I haven't seen a chart proving that the majority are investing in Bitcoin making the statement true that Bitcoin is the best asset now. Because what I see is that rich people are mostly in real estate investment. Maybe some of them are buying Bitcoin now but probably it is just a small chunk of their total investment funds.

Bitcoin is safe, bitcoin blockchain is quite safe, but many people investing in bitcoin do not have enough knowledge, so there have been hacks that have made many people feel scared and think that it is not safe.

But I agree with you it is not the best investment property. Many people only look at its profitability aspect and assume that it is the best asset, which is clearly a biased and unfair assessment.

You are right again, the rich still focus on gold and real estate because they are truly reliable assets that have been proven for thousands of years. As for bitcoin, there are still some rich people investing, but the majority are small investors who want to use their little money and wish to become rich and become millionaires. But many people are denying that reality and they always say that they don't invest in bitcoin to get rich quickly or for small amounts of money.
146  Bitcoin / Bitcoin Discussion / Re: Runes will be worthless. Don't waste your precious BTC on huge fees. on: April 22, 2024, 12:40:29 PM

I suppose it’s gives the miners the fees they are looking and continues to entice them to keep verifying blocks
Miners benefit when tx fee is high, but none of these is their fault. If people decide to attach outrageous fees to their tx, it will be given priority because of the fee and confirmed by miners, as long as it is valid and follows the rules of the network.

Don't you find it absurd that the people who benefit the most have nothing to do with it? Someone is trying to be charitable by trying to increase transaction fees when they are not the beneficiaries of this game but the miners. Since the emergence of BRC-20 and now RUNE, and I believe there will be more, these will not stop anytime soon as it is bringing a huge source of income to miners. Not all miners are in this game, but certainly a group of people came up with this idea to increase transaction fees to benefit from it.
147  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 22, 2024, 06:18:11 AM
Unbelievable that Dortmund is giving away that win against Bayer Leverkusen despite playing with only 10 players. They should never concede such a goal after a corner like that, but well, Leverkusen's dream to survive a whole season without a single loss is still alive. They would be the first team ever to do that and I think they took a huge hurdle now that they didn't lose the game against Dortmund. This was the game I thought they could certainly lose.

By now I think Alonso himself can't believe that they once again scored a goal in extra time! This is getting scary! Grin

In yesterday's match, Josip Stanisic netted the ball when the referee just whistled pipe, lol . 45 games unbeaten in all competitions.. Shocked

Incredible from Leverkusen. I think in the end they are definitely going to stay unbeaten the way they are going right now.
For some reason whatever it is the injury time, they find extra motivation. If this was any other club or any other coach, I think they would have said that it is OK if we lose the rest of the matches because we have to win two more trophies this season.

But Xabi Alonso is different. He is always going for the win. He is always pushing the boundary. Only four matches left for them in the Bundesliga. And all the matches that they have left are easier compared to this one. But still, the concentration is going to be in the Europa League and DFB Pokal.
148  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 22, 2024, 06:03:33 AM

Quote
Manchester United manager Erik ten Hag has addressed the struggles of Casemiro this season and has explained why the former Real Madrid midfielder has endured a difficult second campaign at the club.

https://www.footballtransfers.com/en/transfer-news/uk-premier-league/2024/04/man-utd-news-erik-ten-hag-explains-why-casemiro-has-had-a-catastrophic-season

He did mention a lot of things but the one thing he did not mention was maybe he is actually the problem of Manchester United. Actually without him, Manchester United probably would have been better. Decisions that he had made for Manchester United, looked very good at first. But as time progressed, we all were able to understand that the decisions that he made were not good at all for Manchester United. It was only taking Manchester United into a hole that was getting deeper and deeper. And he was digging that hole by himself. Manchester United is not a bad club.

Well, actually it was not. Now the new owners do not care about anything. So it is a problem. If the owners actually cared about the club, the coach would have been gone by now.
149  Economy / Gambling discussion / Re: Cricket match prediction discussions on: April 21, 2024, 01:31:58 PM
Pakistan Vs NewZealand

Pakistan has won the 2nd T20 while in the first T20, the play was not possible due to rain. However, there is a lot of controversy in this series that NZ is playing with its B team because the main players do not want to play for the nation but for the leagues like IPL.

Now, I think that in the next match, Babar Azam changed the playing 11 and for sure he did because, in the press conference before the first match of this series, he said that in this series, you would see many combinations in different matches.

In yesterday's match, we saw the old players form, now Babar Azam gave a chance to play to new players as Zaman Khan, Imad Wasim, Abbas Afridi, Fakhar Zaman, Usman Khan and the last Azam Khan. By the way, I have seen in social media that Azam Khan got a injury and he was out from this series. Even then Pakistan team should try out thier younger players to test their talent too before the world cup but they should not lose a match in this process.  Huh

Yesterday when Saim Ayub was out then Babar and Rizwan came to bat and we have seen some time for their partnership where they did not do too much score as a partnership because Babar Azam was out early in yesterday’s match.

After him, Rizwan took the team to the win, and in which we had also seen Usman Khan to bat for Pakistan for the first time but he didn’t play well yesterday. I think if he gets one more chance then he will perform well. I hope that he will perform well in the upcoming matches and be a player who be a part of T20 World Cup 2024 from the Pakistan side.

It's good to see that Pakistan is performing well. And my eyes were really feeling like they have healed from an operation just by watching Mohammed Amir bowl for Pakistan again. That guy is definitely the best find for Pakistan after Shoaib Akhtar. If he did not have such controversies in his carrier, I believe his carrier could have been up there with one of the best bowlers in the whole world ever. It feels like Pakistan is healing from its problems right now. And in the upcoming World Cup, his swing is also going to be very useful for Pakistan.

Pakistan has been able to win the second match pretty easily. The first match was not played. The third match is going to be played tonight. I hope to see another great performance from Pakistan.
150  Bitcoin / Bitcoin Discussion / Re: Gold vs bitcoin in a WWIII scenario on: April 21, 2024, 05:28:51 AM
From a physical point of view, if you have gold worth 1 bitcoin, how much luggage you have to prepare, it doesn't matter if it's in normal conditions, but imagine when there is a war, of course a mobile phone is the only device that is easy to carry besides a few pieces of clothing in times of emergency. I agree that bitcoin is the right asset that can complement the downturn of inflation in an area and lead to fair decentralisation. Warfare is not justified but until now there is still this path being used.

Bitcoin for me is a good asset, especially personal as I feel, including its liquidity is very good. People who store bitcoin anywhere and anytime for me will not starve even for a few pieces of bread, wheat and other staples. Because food is the main thing of the main thing. I agree that bitcoin can be accepted even though there is a separate scenario when conditions are urgent.

Definitely, when it comes to practicality, btc will be better than gold in times of war and other catastrophe that we may encounter. But do remember, it is only good if crypto is still in the market during these challenging times or at least have the hope to survive. Because if not, you are just storing worthless currency. For now, we are enjoying the fact that it is worth to store this volatile asset. And maybe, few years from now, it is still relevant to hold. But as time goes by, we need to keep with the fast phase in technological advancement and see if it is still valuable to hold digital currencies.

I just want to emphasize one thing: gold has existed for thousands of years and it becomes more valuable every time there is war. I don't know what will happen to bitcoin if World War 3 actually happens, but I'm pretty sure that gold will continue to exist after World War 3. Because let us not forget one more thing, gold was able to survive and weather the previous two world wars, and it remains the most reliable asset to date.

We are bitcoin investors, we always want the best things to happen with bitcoin because it benefits us too. But we also need to be realistic because if war breaks out, it will directly affect us if we make the wrong choice.
151  Bitcoin / Bitcoin Discussion / Re: Are you increasing your bitcoin investments because of today halving ? on: April 21, 2024, 05:20:25 AM
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.
We have had over 2 years of downtrend to accumulate bitcoin at highly discounted prices. It would be sad if you didn't do that in the last 2 years and only started accumulating bitcoin just because the halving event happened. It wouldn't be so bad if we bought bitcoin now, but it would be even better if we actively accumulated bitcoin during the bear season.
I stopped accumulating things and what I'm doing is sitting still and waiting to enjoy my efforts over the past 2 years. After what happened in the days leading up to the halving, I believe that the bull season will come sooner than everyone predicts and I am prepared for that.
152  Bitcoin / Bitcoin Discussion / Re: Everyone is celebrating about the fourth halving but what is this? on: April 21, 2024, 05:11:56 AM

It is now down to $25, thank goodness, so it should continue to fall.

So miners took a 50% pay cut and we're expecting them to not want to raise transaction fees? I think transaction fees have to go up to offset their pay cut.

Quote
I hope we don't get our asses handed to us by the runes during this cycle and that what has happened now is exceptional, otherwise it's not that we won't be able to pay for coffees, it's that we basically won't be able to pay for anything with bitcoin.
that's the whole plan. miners are taking a 50% pay cut. where do you think they are supposed to make up the missing revenue from? fees of course. from your transactions.

Quote
If to pay $1,000 in bitcoin you have to pay 10% in fees you will pay in fiat or with some altcoin.
that's not really how bitcoin works. the fee is not a percentage of the amount sent. it has more to do with how many utxos you're using. and of course, what miners are willing to accept to include your transaction into a block. but i don't think they want to do it unless you're paying them alot. paying $100 to send $1000 who would do that? not me.

I finally found someone with the same opinion as me, if transaction fees increase, who will benefit? Many people are waiting for fees to drop, but I wouldn't be surprised if bitcoin fees continue to move higher in the near future and even peak as we enter bull season. Retail investors will complain about high fees but miners will be happy if fees increase further and I think ORDI or RUNE is just the start and more will be created on bitcoin.

This is a financial market and interest groups will always exist in the market, they will have to come up with more games to make more money.
153  Bitcoin / Bitcoin Discussion / Re: It takes the balls... on: April 21, 2024, 05:03:40 AM


By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.

1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
I don't think bitcoin prices have fluctuated around events in the Middle East. We have always seen in the past that before the Bitcoin halving, the price of Bitcoin falls, but this year the price of Bitcoin has fallen, but I think that has taken too much of a correction. Bitcoin price peaked before the halving, so the market was in good shape before the halving this year and still is. With Bitcoin halving, it seems to me that the market is in a normal position. I'm not worried about the price of Bitcoin going up and down due to a war between the two countries, although that seems baseless to me. I hope Bitcoin will appreciate in the coming days, so I am focusing on holding my Bitcoin for the long term.

If you pay attention, you will notice that bitcoin corrected before the war news and bitcoin corrected more when the war news spread. War or not, a bitcoin correction is almost inevitable. As I said before, bitcoin has increased in price for 7 consecutive months and bitcoin corrections are completely normal and a sign of a healthy market. But there are many people who don't want bitcoin to adjust but just want bitcoin to increase vertically, so they panic even more when there is a coincidence between bitcoin's adjustment and war.

In conclusion, let's ignore all that clutter and see what's going on, bitcoin is trading above $65k, unlike many that predicted bitcoin would drop to $50k soon. Those who are waiting for bitcoin to drop to $50k to buy should reconsider their plans as I believe this is not the time for any major correction to occur.
154  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 20, 2024, 03:48:47 PM
This match seems to have proved that Cagliari is now a team to take seriously. They drew with the league leader Inter Milan and now Juventus, so any team playing them next will be extremely careful.
Cagliari didn't just make draw Inter and Juventus, but also won versus Atalanta which has successful beat Liverpool (0-3) on anfield. I  Agree with you, Cagliari will be the team that must to watch out for carefully, if meet them the big club must have plan to manage how to repel their attackers. Cagliari are trying hard not to degradation this season, and I'm sure when they meet genoa on the next week they will make us surprise on liugi feraris stadium, that possible not just a draw, but maybe they will win and able to make team far away to degradation zone.
Yeah again Juventus failed to collect 3 points and I was not surprised because in my opinion their target was only finished in top 4 I mean while they are still in a safe zone, it doesn't matter if Juventus only draw especially for now Juventus 9 points above the safe zone I mean from the Champions League. On the other hand Cagliari has a positive trend lately at least in the last 3 matches they managed to win and draw against the top team and I understand this is their attempt to stay away from the relegation zone.

Today Verona and Udinese will fight each other to get points, as we know the two teams are not safe from degradation so every point will be very important for them. I don't think that one of them will win because in my opinion the draw is fair. Then in another match Empoli will face Lazio, will Empoli get 1-2 points? both teams have different targets before the end of the season.

Verona vs Udinese is a match where both of them are going to try to get at least one point if not win. Remember whoever wins is going to go pretty much away from the relegation zone. At the same time, remember they are on the 28 points, both of them. Which is only one point away from the team which is in the relegation zone.

So I think both teams will prefer to get a win. But of course, both teams winning is not possible. And a draw is probably not going to be enough for either team to keep them out of the fear of relegation. I definitely want to see a team win. But it is also going to make things interesting because the point difference between the teams that are in and around the relegation zone are almost nonexistent.
155  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 20, 2024, 03:39:23 PM
What will be a challenge for the new coach to replace Klopp will be adjusting the game. It will be very difficult for the new coach to match Klopp's performance. we will not talk about achievements, because that will take time. but building a team as strong as Liverpool today will not be easy for the new coach. unless they get experienced ones.
especially if Liverpool and Klopp target to catch Man City and take the title. a bigger challenge for Liverpool's new coach in the future to maintain his team's performance.
You are right because it is not easy to form a more solid team from the start for a new coach, especially since the English league is known to be quite different from other leagues so it will be a big challenge for new coaches in handling the team. Football always looks at achievements because Liverpool is a big name, so changing a new coach will be a big challenge. For Pep Guardiola it is impossible to target other than he still has a contract with Man City and I am sure he will not want to take that risk.

This is a big challenge that needs to be thought about and management must try to find a replacement for Jurgen Klopp so that the competition next season will not be too difficult for Liverpool. Even though there have been several names that have been rumored, as long as there is no certainty, we will never know how management will look for the right replacement.

Yes, a lot of names have been mentioned. But I highly doubt that any of those are actually going to be the new coach of Liverpool. I have recently seen that Zidane is interested in coaching. I heard that he said he wanted to coach Manchester United and not Bayern Munich. I don't know how much there is in that.

But I definitely think it will be better for him to coach Liverpool instead of Manchester United right?
So even though that name has not been mentioned with Liverpool, it is possible, right?

Don't think José Mourinho is going to be the new coach. Xabi Alonso might have had a chance and might have been the new coach if he did not decided to stay with Leverkusen for another season. I just hope that it is not a downgrade from Klopp.
156  Bitcoin / Bitcoin Discussion / Re: Bitcoin halving is hours ago. Will you hold your BTC to April 2028? on: April 20, 2024, 10:40:44 AM
If you don't want to sell your bitcoins then you can hold them as long as you like but I don't think people here will hold on to their bitcoins until 2028. Most of the investors here are retail investors and everyone needs money to live, so selling bitcoin is something everyone is waiting for.

As for me, I will sell all my bitcoins when the price hits my target. But I will not leave the market because I believe that after the price of bitcoin increases, it will also have to decrease because that is the inevitable law of the financial market. I will wait for a bear season like 2022 to happen and that will be when I buy bitcoin. I guess many people are planning like me.
157  Bitcoin / Bitcoin Discussion / Re: It takes the balls... on: April 20, 2024, 10:30:33 AM
By the way, while certainly the escalation of the conflict in the middle east could play a significant role of this descent of the price of Bitcoin, I still believe it is too soon to talk about a different influence over Bitcoin from the conflict between Iran and Israel.
1 hour ago, some news said that Israel counterattacked Iran and immediately bitcoin reacted and the price fell below 60k$ again. But less than an hour later, Iran announced that there was no attack from Israel and bitcoin is now trading above $62k. To me, I never believe this news and it seems like someone is trying to manipulate the market with fake news (I mean the entire financial market, not just bitcoin). We are very close to bull season, don't let market makers take away your bitcoins, don't rush to believe any news without verification.
For bitcoin holders, there should be no need to believe news from outside. We just need to know it and be ready with our analysis. News like that can be very manipulative, so we have to be careful in determining our attitude. We must not be trapped by unclear news, nor should we rush into taking action.

We should always monitor and analyze the market so that we know where the market will move. The bullish season is coming. We have to remember and prepare for it to take advantage of it. Sometimes there will be a diversion of issues from the problems that are currently occurring so that we will all be led to another scenario.

Bull season is approaching and more Fud will appear, the aim of the market makers is to make us panic and sell our bitcoins to them. Therefore, we need to be more alert at this time so as not to fall into their trap and regret it later. I believe that negative news like the Fed will not lower interest rates, the risk of world war 3 will appear more in the near future and as I said, the purpose is for us to panic and sell bitcoin. But let's not forget the halving is complete, the price increase season will happen and that is inevitable, don't pay too much attention to small fluctuations in the short term.
158  Bitcoin / Bitcoin Discussion / Re: Isn't Altcoin a distraction to Bitcoin adoption? on: April 20, 2024, 10:18:20 AM
Yes, altcoin is a huge distraction and I’m talking about use case. Today we can see many altcoins being used for payments, etc, and they happen to be a lot of them. If they were not in existence and it was just Bitcoin, all of that usage will fall on Bitcoin instead and that means way more adoption than there is today.

But I’m not sure to say that it isn’t good altcoins were created. They are serving their individual unique purposes (even if I know that some are just unnecessary copycats)

     Maybe the shit coins that end up being scams are called distractions, but not all cryptocurrencies. It would be wrong to say that cryptocurrency is a distraction; in fact, because of altcoins, the recognition of Bitcoin has actually accelerated. Bitcoin wouldn't be popular if altcoins weren't popular; honestly, those are the facts that others here don't know.

     Especially in today's time when there are more opportunities in altcoins compared to Bitcoin, although I can't deny that there are more altcoins now, they are really quite high risk, so we must be wise in choosing if we are going to buy something as an asset and hold it.

That is what is going on, I agree that some altcoins are giving a bad reputation to the crypto industry because of the scam scandals surrounding it. But we cannot deny the role altcoins play in trying to attract new participants to the market. Just like the bull season, if there are no projects that generate x100, x1000 profits, not too many people will pay attention to the market. Many people have never even known about bitcoin but they are attracted to meme projects because of their huge profits, then they join the market and know about bitcoin.

As a long-time investor in the market, everyone knows about the positive and negative effects that Altcoin brings. But many people reject altcoins because they are bitcoin maximalists. They feel bitcoin is gradually being overshadowed by the emergence of altcoins, so they will never accept altcoins under any circumstances.
159  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: April 19, 2024, 04:40:15 AM
I still feel like it comes and goes, just like other commodities as of now. No matter how much I like BTC i feel it has lost its true value/comprehension over time. So without a good bandwargon urge it will be just another asset, just llike the others. Investing-wise, it's been a great median at the right moment.
Bitcoin is more valuable than gold for years now and we can benefit from holding and buying Bitcoin if we are very patient to hold for as long as possible. Gold is just a commodity that is traded but the value and price is still less compared to how far the price of Bitcoin has gone do far. We can not buy gold and keep waiting for the price to skyrocket so that we can make money from it but we can buy Bitcoin even as little as $10 and hold for as long as possible we want to hold it. The value is there and we can easily make huge profits from it if we are ready to hold and take the risk that is required for us to make money in the financial market.

How will you make huge profits from bitcoin when your initial capital is only 10 USD? Yes, bitcoin can do that and make many people rich with just a capital of 10 USD or 100 USD if someone bought bitcoin 14 years ago and can hold it until now. But for those starting now, how can you turn $10 or $10k into $1 million thanks to bitcoin? Bitcoin is not a get-rich-quick investment, nor is it a tool that can help you get rich with just a small amount of capital.

In addition, when evaluating the value of an asset, you need to look at their total capitalization, don't just look at the value of each bitcoin or each kilogram of gold and say that bitcoin is larger than gold. What do you think about their capitalization, the gold market capitalization is worth 15 trillion USD, while bitcoin has not even surpassed 2 billion USD?
160  Bitcoin / Bitcoin Discussion / Re: Isn't Altcoin a distraction to Bitcoin adoption? on: April 19, 2024, 04:30:33 AM
Yes, altcoin is a huge distraction and I’m talking about use case. Today we can see many altcoins being used for payments, etc, and they happen to be a lot of them. If they were not in existence and it was just Bitcoin, all of that usage will fall on Bitcoin instead and that means way more adoption than there is today.

But I’m not sure to say that it isn’t good altcoins were created. They are serving their individual unique purposes (even if I know that some are just unnecessary copycats)

If we are trying to blame altcoins then I think the government is thinking the same as us. If bitcoins are not created, if bitcoins do not exist. Then they won't spend much effort or time to ban it and everything will still be under their control. Many people wouldn't be able to evade taxes without bitcoin, and the government wouldn't have a hard time chasing criminals when they use bitcoin...Everything has its pros and cons, nothing is perfect, so if you encounter competition, don't just blame others.
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