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1441  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you buy a token if its price never went up and you could never sell it? on: September 19, 2022, 03:09:02 PM
Are you describing fiat before bitcoin was created? Cheesy

Because those were 2 characteristics of fiat for me back then, since I didn't have access to another currencies, so my local fiat currency was the only option I could use, therefore it was impossible to sell it. Moreover, without access to other currencies the price of my native currency was always fixed.

I don't miss those times and for that reason I wouldn't adopt this kind of token. It's too restrictive and goes against the wide freedom we are looking for when dealing with cryptocurrency.
But at least fiat can be used to buy and sell goods or can be exchanged for another currency. I am thinking of him as referring to a scam coin, there are a lot of coins created and sold on junk exchanges or DEXs. It is only possible for us to buy coins, not to sell them or convert them into any other coins. It could be said that when purchased, it is a bit like buying a collection that is of little value to hold in one's hand and admire. Surely no one wants to buy such a coin, if so, only those who are new and ignorant in the market will be fooled into buying it.

You could use it for buying goods, or selling goods, but at the same time we are talking about something that is quite effective on payment method. However, we are talking about something that is about investment and we shouldn't really be worried about the payment part of it.

If you were given a choice to invest into something that never goes up, always goes down in value, and you could never sell to get rid of it, then would you "invest"? That is the question and to be fair everyone would say no. That is why I never try to have fiat as investment, I always invest into other things, I am going to start getting into debt just to get some good assets like these as well eventually.
1442  Economy / Trading Discussion / Re: Crypto day trader groups on: September 18, 2022, 03:08:19 PM
I have a question! I am looking for an active messenger or telegram group (other platforms..) of crypto day traders to share information, signals, news...
Do you guys have any suggestions? Smiley

If you'll find any, most likely they are going to ask you money before you could join and have signals everyday that there's no guarantee you'll get profits. If you get unlucky, you could lose a lot of money with their signals and ended up having nothing, which is more frustrating because you lost your money using someone's decision.

Instead of looking for groups like that, there's a lot of tutorial on YouTube, just to have a basic knowledge about trading, and the rest is up to you to figure out.
The both possibilities are bad, and you will end up losing your money one way or another. Signals are basically the way people check indicators and tell you what a crypto "should" do, doesn't mean that it will do what it should, more often than not there are many coins which does what it shouldn't and go to opposite way.

This is why I am not expecting them to really have a difference, it will probably be a group that tries to make their money not via trading but more from the customers that come along the way. Anyone who charges you for indicators will know that it is not a guaranteed income and customers are a better way to make money from since it's steady method.
1443  Bitcoin / Bitcoin Discussion / Re: Some say Bitcoin is dead but Bitcoin is not dead on: September 18, 2022, 06:34:20 AM
When the price of bitcoin drop to $18k many said bitcoin will crash  0. I don't really blame people who talk bad about bitcoin, they think criticising bitcoin will make people not to buy bitcoin.  With all the bad things they say about bitcoin,  people still go for bitcoin as the best digital currency.
This kind of thing will always be with us, because until now there are still many people who do not like bitcoin. And when bitcoin experiences a bloodbath, of course it becomes an opportunity that will be used to create new fears. Yes they assume that bitcoin will soon meet its end.
And it's true we can't blame people like that, only time will tell, bad words about bitcoin.
Those people are waiting for a chance to be right, they have been too late to bitcoin and couldn't make any profit from it like we did, so what they want to see is bitcoin dying so that they could say "I was smart by not investing into bitcoin, you are an idiot for investing into something that died" and every time it goes down they believe such a thing is possible.

But, the reality is that we just had a drop in the prices just like any other market, look at other markets and you will see it too, and that was the main reason why I believe that we have invested into bitcoin because it moves like other markets when it is about direction but the amount it moves is huge.
1444  Bitcoin / Bitcoin Discussion / Re: Well! Bitcoin doesn't have this problem on: September 18, 2022, 05:35:19 AM
It wasn't really about the Bank but the Lebanese Economy that has more or less collapsed by mismanagement as a sectarian elite borrowed with few restraints, so, no matter the amount you have in your Bank account, Withdrawals of hard currency have been limited for most people since 2019 when the value of the Lebanese pound plummeted and inflation soared.
Source
Even if the bank had the money, they wouldn't have been able to give that amount to her and even with her action, she still couldn't get the total amount she wanted.
So until Bitcoin is widely accepted for payments across different sectors of the economy, we might still be dealing with this type of Bank issue.
And that isn't just a singular event neither. We have seen banks and economies of nations collapse all the time, and governments or banks seizing the money of the people until it gets back to okay, basically stealing your money until they can pay it back, has happened in other nations before as well.

Cyprus comes to mind, happened about 10-15 years ago and they were getting everyone's money if they had more than certain sum. So long story short, this happens, it happened before, and it is happening right now, it is just different nations but the fact is that crypto would allow you to have 100% control over your money whereas others do not give that option.
1445  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: September 17, 2022, 09:48:02 PM
Man United are currently planning to get a new attacking player next season
After this season it's clear Ronaldo will leave Man United for another club
That performance from him wasn't bad at all, the coach has said when he is match fit he will score more goals
Since Ronaldo is not interested in staying at Manchester United, Ten Hag did not include Ronaldo in their match plan. Moreover, even though Ronaldo got a chance to play in a few Europa League matches, he did not play well. For these reasons, Ten Hag is not giving Ronaldo a chance to perform in the Premier League. Manchester United need an experienced attack at the moment if their aim is to win the title.
Still though? I mean it is clear that Ronaldo wanted to leave and couldn't, that much is already known and his name has been in talks with so many clubs. But we are beyond half of September now and United already played so many games, do we really think that there is a chance Ronaldo could still leave? If that's the case then Tan Hag is doing a good move because why play someone that will leave eventually, find a way to win without him, and they are doing decently so far, bad start but a good recovery.

However, if the Ronaldo transfer ship is already sailed and he is going to stay, it is better to find a way to put him in the games from the start, they could really use him.
1446  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) on Its Way to $2,100, Top Trader Says ! on: September 17, 2022, 11:41:49 AM
It is good news that Ethereum merge was completed successfully yesterday but its price didn't increase as many market participants had expected which is very disappointing. Ether is down more than 9% which reflects market didn't celebrate seamless merger of Ethereum. In the long-term conversion to proof of stake will have good impact on its price because it is anti-inflationary but due to overall weak economic conditions all financial markets are not performing & so is crypto.
I would guess that the best thing to do would be waiting a bit longer, the price may have gone up already calculating the merge and then when it happened people who bought because of it would end up selling, and the increase that happened before the merge could be attributed to it.

On the other hand, we are talking about a long term solution to ethereum, so why have a short term price increase, I believe that the increase in ethereum price (and in return all crypto) will happen in the long run and that is why we need to wait a little longer. When people see the great benefits of being in proof of stake, they will end up buying more and more, increasing the price to new heights.
1447  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 16, 2022, 09:31:24 PM
And another problem might be because they are trying to play really defensive football. They have to be a little more attacking in their approach if they want to have more success in my opinion.
This Juventus team is mentally unprepared to play at this stage. Whoever watched the Champions League match a few nights ago, will understand what I am talking about. The first 20-25 minutes, it was all about Juve. They kept the ball, attacked, controlled the flow of the game. And then bam! For no logical reason, they completely stopped playing football. They get pushed into their defensive half, they can't complete two passes, and lose any sense of what they are doing. No self-confidence, zero character, and a losing mentality not worthy of this historically tough team.   
That is mainly because they didn't expected it to be this difficult. They thought that they could play their usual style and they would win, but the moment they started to play, they realized that it wasn't so simple here and that caused them to go back on defense.

Champions league and Serie A are very different, you can't just hope that the other team would be easier to beat, you can2t even expect that from teams that are coming from worse leagues, remember that sherrif upset on Real Madrid, the team that won the title? I mean these type of things could happen if you expect to play like a regular season domestic league game for sure.
1448  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: September 15, 2022, 09:20:02 PM
Vettel coming back ? Are these rumors ? Having any truth behind it ? or simply speculations?
From what I heard Vettel may indeed "come back", but not as driver. He may come in charge of the rules / changes needed in F1 for making it (much) more climate friendly.

There are far too many young drivers who want seats in F1, and Seb is the "keep his word" type of person, so I think that (unfortunately!) expecting him to come back as a driver is too much and has no basis.
I agree, Vettel said he is going to retire and he is going to retire for sure. There isn't any "unless...." situation, there will be no reason for him to comeback.

If the situation was about money or team, he would say that he is going to keep on racing if a decent team offered him something but he will no longer race for Aston Martin, that way he could have found himself a spot in one of the middle pact teams, would be hard but could happen. He just wanted to retire for good, not team change, and f1 climate thing could be great for him, he wanted it badly and maybe he could put a lot more emphasis on the ERS and make the teams turn into e-formula a bit more, can't be fully that, but could definitely help increase the value of it.
1449  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 15, 2022, 03:36:23 AM
Yesterday's home defeat against Eintracht in the Champions League showed just how weak Marseille are. Marseille have shown a good streak of results but it is clear that they will not have the strength to continue at the same level as PSG all season - unexpected results like yesterday will happen in Ligue 1. And even if, due to some miracle, Marseille can share points in face-to-face meetings with PSG, I am sure that by the middle of the season, Marseille will lag behind PSG very much.
What happened to Marseille yesterday can happen to any team regardless of their form at the moment. Marseille enjoyed more possession of ball in the game but failed to utilize their chances to score goals but I don't think their defeat is as a result of their weaknesses rather I think the luck was not on their side in the game at such they couldn't score a goal. With the performance shown so far by Marseille in Ligue1, I don't think the team is going to drop points even though they face PSG which is their biggest problem in the league right now, they can go all the way to beat PSG when they face each other If  they attack very well and do well in their defense line.
I still think that people are overrating this Marseille team, I mean they are of course not terrible and of course they can be second, each year we see a different team be a beast and they look like they have the biggest chance to be second.

However, the fact that some people expect them to beat PSG is a bit beyond what they should be capable of. It would be awesome for them if they can achieve it of course, but I do not think that they would be able to achieve such a thing and they would lose the league title if you ask me. However a good progress continentally and being second in the league all equals to a good amount of money, which could be sustained success if they use it well enough.
1450  Economy / Trading Discussion / Re: At what Bitcoin price do you think altseason will start? on: September 14, 2022, 11:16:49 AM
I think that whenever bitcoin become stable then alt coin will also become grand but that time when the bitcoin is in unfriendly in worth so it is not easy for altseason to initiate because extreme level of inconstancy occurs these days and altseason is concurrent with bitcoin. Both goes ups and downs constantly with proportionate to one another.
Altcoins are liked because of the volatility, not because they are expected to be stable. I mean bitcoin is "stable enough" compared to other coins in the crypto world which means that we shouldn't really be focusing on anything else. Just focus on the crypto world and how you could make a profit from it and you would be able to actually pull a profit from the volatile altcoins.

I personally do not prefer that, I do not risk my money with those volatile altcoins but I have seen many people do it and make profits and seen many who lost as well. I believe that the best thing you could do is buy bitcoin as much as you can and hold it as long as you can.
1451  Economy / Trading Discussion / Re: How to avoid crippling losses when trading? on: September 14, 2022, 09:45:33 AM
For me to operate without having many losses, what must be followed is the basics, put the Stop Loss first, because we have to protect our money, if it is done that way I think we are telling us, that if the price comes in We are against, it does not matter, that the stop loss is jumped and we assume the loss, otherwise if the price goes up, what we have to do is keep moving the stop loss and keep winning, I think that is a very simple way to win, but you have to have a lot of experience not to lose.
And also it is better to ask yourself “Is the profit worth the risk? What’s my RRR?”

The majority of traders tend to focus mainly on timing the trade's entry perfectly, while proper risk management and position sizing is an afterthought.
That RRR is not known by most people and to be fair in crypto world it is not clearly indicated neither, you do not really know it. Like when you are stock trading you could look at how much cash they have, what's their revenue to profit ratio, look at the ownership and how much institutional ownership they have, you could look at the debt, and the personal number and many other things.

These data will show you if it is worthy of investment or not and it would show you what would be the risk of something like that. But in reality, crypto doesn't have these and we could have a great news today and end the day with 30k or have a terrible news and end it at 10k, it is wild and volatile.
1452  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP potential? on: September 13, 2022, 06:14:53 PM
xrp should be able to solve a very crucial problem that has happened to them, because every external problem that seems very neglected will obviously make many people think again if they really want to invest their funds in xrp. no one will be able to escape from the problem, especially in the future legal issues that occur in xrp will make xrp will continue to be haunted by problems.
so there is some truth in saying that maybe xrp is the last coin that might be proposed as an investment, because no one wants to speculate with this fact.
if all external problems can be passed and resolved, it is not impossible that xrp will be a very interesting target.
I do not think that external problems will be the key for them to recover. The internal one, the blockchain related ones will be the key for them to recover and get better. I personally believe that they shouldn't be invested or even considered at all, not for any external reasons or any type of legal problems they have faced, but because they are centralized and that means they could literally manipulate the market to their liking and that's not fine.

I remember very very clearly when they printed a lot more money just so they could get rich, if one place can do that then we are not going to end up with trusting such a place, why would we? It is better to use bitcoin instead of xrp, a lot more trustworthy.
1453  Alternate cryptocurrencies / Altcoin Discussion / Re: This makes sense or not? on: September 13, 2022, 03:08:49 PM
Hi Fam, I am new to crypto investment and crypto mining, I have a plan in mind with this upcoming merge, just tell me if it's bad or not, I plan to sell all my bags after the merge because I believe there will be a massive sell off, and I will buy back at a lower price, is this making sense or not.
I think you are not alone, many people are doing things like you do, some think like that, for sure the crypto market today has a lot of predictions popping up, if you think it's best just do it, all of us have a goal as a crypto investment.

You need to consider now in my opinion crypto investment, greater self-confidence than analysis and predictions out there.
I agree, everyone have all kinds of predictions and some will say that OP would be doing a great job by selling after the merge (not even know when exactly) and some will say that it is going to be a bad idea. I am one of the people who would say that it is a bad idea but at the end of the day we are talking about something that is going to end up with a bit of a problem in the long run if we just trust others with our ideas and predictions.

If you ask others your predictions then you are going to end up with a bad result since there will never be one correct answer. Do what you think is the best for your money and hope that it will get a good return in the long run so you could profit from it smartly.
1454  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 13, 2022, 12:58:23 AM
I do not think Chelsea will budge, they usually do not give players above thirty anything more than a year or two contract extension, and i don't think Kante's case will be different, but then there is a new management in charge like you said and we would see how they handle this situation, Kante has served the club very well since his move from Leicester, and a three-year extension might be no more than what he deserves. Having said that, i am pretty sure various other clubs will be monitoring this situation right now, and if there is a breakdown in negotiations, some of them will not fail to offer Kante a contract he might not be able to say no to.
Agree with what you said, he is one of the players who has an important role at Chelsea at the moment although indeed this season his role is still not visible but indeed he can be one of the players to be reckoned with when the team recovers.
Regardless of his age, he is actually quite reasonable when his contract duration is three years if this can be realized.
I do not get why people consider him "aging" though, Benzema was 35 years old when he scored all those goals last year and managed to win the UCL title and La Liga title with Real Madrid. Kane is 31 years old and a 3 year contract would mean that he would be 34 by the time it ends, or 35, those are still doable numbers and not aging if you ask me, not in this football world at least.

I get that some people remember the old days when players retired at 35 or even ealrier but people like Kante take care of their body nowadays and can play even as old as 40 years old, so I do not think that 34-35 would be that bad. Plus, he isn't some role player, dude is their best player and they should do whatever it takes to keep them in check.
1455  Economy / Gambling discussion / Re: 2023 NBA Season on: September 12, 2022, 06:59:50 PM
Both Carmelo and Westbrook will be in the same path because they failed to maintain their strengths after their prime years is over and actually, that is the biggest challenge for being an player, well except for being an injury prone, because if you can't maintain your style and strengths then surely you will be in free agent in no time just like what happen to Carmelo now.

And soon, Westbrook too because this is the last year of his contract in Lakers and I don't think that the Lakers will give him an extension too because of fact that the team is currently busy to get him traded.
The thing is, if you are a player who realizes that they are losing their grip and starts working on what else you can do, you could still be finding a place in the NBA. Lile Blake Griffin was the type of guy that went bad because he lost his amazing jumping ability but at the end of the day he worked really really hard to be able to shoot at least a decent amount where you couldn't leave him open, which made him better and kept his career going, or that guy would have been gone from NBA by like 30 years old. At the end of the day NBA is a place where ja morant or similar young guns will keep on coming, you have to keep finding a way to stay relatable in skill level, or you will be gone.
1456  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 12, 2022, 06:22:04 PM
marseille are an extraordinary team, since the start of this season they have shown that they can also be favorites to win ligue 1 this season, next month's meeting with PSG could be the decider who will be at the top (whether marseille or PSG), I'm really looking forward to that match

in the next few days, marseille will face frankfurt (in UCL match), this is a good chance to win, they have to prove their strength and also their cohesiveness
I think they are an exaggerated team that people like to watch because they are fighting against a giant club. This is why so many people celebrated the win Lille had a few seasons ago as well, they won the title and teams all from the league and even foreigners felt joy because they were bored from watching PSG winning the title back to back so many times, doesn't matter who it was, they just wanted to see PSG lose.

The same thing is happening right now, they love to watch PSG getting some competition and I believe that we shouldn't really be seeing that at all, we are going to see PSG end up with a big title win without a doubt, people might be shocked about it but thats going to happen again.
1457  Economy / Speculation / Re: Will BTC reach 45k before this year ends. on: September 12, 2022, 04:24:29 PM
The price of Bitcoin can not be predicted with hundred percent assurance but it can be assumed because people who predict it normally gives us a wrong prediction of bitcoin.
Normally, there is no RIGHT prediction though, so every prediction is wrong, not certain and just mere guess base on the past and present price analysis and sentiments.

So since i have being taking some of the predictions serious and later the price of Bitcoin will change from the predicting point to another point. So believing on the prediction of some body that the price of Bitcoin will reach 48k before the ending is unbelievable to me
Again, no predictions were RIGHT. So, yeah you gotta believe on your own prediction and market analysis rather than the others.
There were a lot of so called financial experts who's sharing their sentiments and predictions, some have believed them, but no they are always wrong eventually.
After all of the shared bearish and bullish predictions on the internet, they are all after profits and they are sharing these thoughts for their all personal gains.
Those experts have no idea what they are talking about, the yare just making up some stuff along the way and hope that they would become right. The reality is that we should not trust anyone, not experts, not KOL's, not influencers, do not trust anyone but yourself because you are the only person who has your own best interest at heart. Some of these people are even getting paid to promote things and we know this, how could I trust a person who got paid to promote something?

It is clear that they do not believe in the project at all and just want to make money. Some are acting as bitcoin experts to get more famous and they just care about their own fame and reputation too, which is a big problem as well.
1458  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 11, 2022, 09:02:06 PM
Nunez also has enough time to think about his performance so far now. His performance is very important for the team after Mane's departure. While Salah is also not doing good these days Nunez should be able to do something extra for the team. He needs to improve his scoring capability by the upcoming games. If Liverpool are still struggling at defense then they must be better at attacking at least. Otherwise poor results will continue to come for them. I don't even know when they started to weaken in defense this much.
Nunez and Diaz are the two very important players that they got recently, and both of them has to play at a much better level so that they could end up with a bit of help to the team. Maybe many of the other players have been here for far longer, Salah, Robertson, Trent, Vin Dijk, and plenty of others are used to playing together but Nunez and Diaz needs to find a way to get involved very quickly in order to keep this going. Otherwise they are going to cause the team to come to a halt until they are playing better and used to the system Klopp wants them to play.
1459  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Price To Buy Ethereum on: September 11, 2022, 06:18:01 PM
Ethereum was dumped down to 950$ in latest Bear market and now it's trading 2x from that price. My question is , what is best price to buy ? Buy now or wait to down 600$?
No one knows when is the right time to buy a certain coin because usually experienced investors in their market will always make purchases whenever there is a decline, so if at this time you are not sure to buy ethereum for $1.5k but you can wait until the price of ethereum will return to $600 but to return to that price in my opinion it will be impossible for now because in the middle of this month the ETH merger will soon be formalized so most likely the price of the coin will continue to increase.
Unfortunately, people are not aware that literally nobody in the world knows what the exact bottom is, and that is why they can't know when to buy neither. I personally buy eth and btc as much as I can whenever I have money, for the past few months I have been financially in trouble, but as soon as I get out (it looks like December is the last of my debts) I will keep on buying more.

Not just when it is low, I buy when it is high too, I do not care about the price because I believe that I will make a good profit one way or another eventually. If you approach it like that, then you are going to be making a good profit in the long term and that is the thing that matters the most.
1460  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 10, 2022, 09:20:19 PM
Barcelona are going to play a really tough Champions League game against Bayern Munich in Germany by only a two-day break. Therefore I started to think about whether Xavi would rotate the squad for the Cadiz game today. I don't expect a big rotation of course but maybe he might do so a little. Or he can try to finish the game early and sub off the most important players earlier. Cadiz are the worst now so it shouldn't be a big problem for Barcelona to finish the game early unless they get lucky.
Barcelona has a reserve player option that is no less attractive if only to make Cadiz lose. Moreover, to prepare against Bayern Munich, players must be players who are in optimal condition. This is very much needed because playing with Bayern Munich is enough to determine how far Barcelona can go against a club that is considered dangerous and always makes it's opponent a goal party.
This is the very early season, players need to build match shape and if they sit down and relax for even one game, they will be too tired to come back and play again. They need to keep playing more and more in order to win, otherwise they are going to be not seeing the end of the game and basically be bad players by the end, even a reserve player with 100% readiness could look better by 80th minute if he is subbed in at 70th minute, he would be fresh at least. That is why I believe all the players that will play against Bayern, should be playing against Cadiz as well, if this was march or April, I would agree about a rest for sure, at least for older players, but not right now.
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