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1541  Alternate cryptocurrencies / Altcoin Discussion / Re: How Are You Preparing For 2023? on: December 28, 2022, 04:54:14 PM
I personally think there's not much for crypto in 2023. The market will correct and we might see BTC back in the $30k range.
But that will be it and we won't see any major bullish momentum around 2023 because $30k itself will be around a 100% hike.
May be 2024 we will see a good bullish momentum and price might cross it's ATH price. So far I think 2023 will go sideways with corrections.
1542  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana’s position in the space. on: December 28, 2022, 04:51:20 PM
Solana is having a really bad time currently since its price has dumped to $9.9 which is such a low price considering it's ATH at $250.
It's basically a massacre for SOL if we compare it's price to ATH price.
Although the developments are good in the Solana ecosystem yet the bear trend and FTX collapse has drained out all of it from SOL.
I wonder how low it can go further. I had been holding a good amount of SOL to but sold just at $15.
I know I have lost a huge portion of my portfolio but I guess its late than never.
1543  Economy / Gambling discussion / Re: If your friend would tell you this... on: December 28, 2022, 04:45:12 PM
If your friend would tell you hey bud I have 10k in BTC lets try to make it 65k. You play on the casino for me.
How would you play? what would be your game pattren?

Id probably do 1 game of black (20k win) then one game of roullete with 10 numbers = $65k profit.



what would you do

Damn that is some huge amount of money to gamble with. At first I would deny him to play with such an amount.
But if he still insists then I would go for my favorite games which are crash and dice.
Also, we could bet together on some sport matches and get the thrill of winning those bets.
1544  Economy / Gambling discussion / Re: Two Gambling Stories on: December 28, 2022, 04:36:08 PM
In fact, it is not appropriate for the boss to ask for a 50-50 win split. What's more, the winnings and the money used belong to the apprentice himself.
If the apprentice loses, is the boss also willing to replace the money used for the bet by 50%.
So it can be concluded that the boss has no right to ask for even a cent of winnings from an apprentice.

That is very true. Only because the apprentice won the money the boss had the guts to ask for a 50% share.
We are sure that if he would have lost a big amount then his boss wouldn't have paid him half of what he has lost.
This is a good example and a really smart idea to show the boss his mistake.

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Regarding a man who has to give what his girlfriend asks for, of course there is some truth to this because a girlfriend is someone who can accompany and provide support for men.
What's more, a real man must be able to understand and must be able to make his partner happy.

It also depends on how close they are in their relationship. I mean people these days are in a casual relationship just for fun.
In this case, why would a person share his winnings with the other.
But if they are indeed very close and comfortable with each other then they won't even hesitate to share the winning amount.
It's just a matter of how good their understanding towards each other is.
1545  Bitcoin / Bitcoin Discussion / Re: Too many chickens own BTC. Don't be a chicken, HODL! BE A LION. on: December 27, 2022, 05:04:56 PM
1 BTC = 1 BTC. That's all you need to know. Less drama, live longer.
1 btc equals to 1 btc  Grin, knowing this give peace of mind indeed, but the problem is that majority of people holding and investing in bitcoin do not see the price of bitcoin this way, every one seems to focus fully on the dollar worth of bitcoin and this is why many panick and sell at the slightest downward movement of the price.

If investors and holdler can begin to see bitcoin for its true worth, negative outcomes in this space like the crash of FTX wouldn't matter, and neither wil it have the kind of effect it had on the entire crypto market.

But anyways, I believe that some day, we will get to that point where hodler will start looking at the number of bitcoin they own rather than the amount of dollars they own in bitcoin.

That point of time will only come when bitcoin has been accepted globally and a mainstream adoption of bitcoin takes place.
Since bitcoin has a dual nature of being used as a payment method as well as being used as a tradable asset it is hard for people to treat as 1 BTC = 1 BTC.
This is because a vast majority of bitcoin holders are using as an asset and not as a payment method.
I guess it will remain the same forever. Bitcoin is too precious for it to be used as payment method sadly.
1546  Bitcoin / Bitcoin Discussion / Re: Peter Zeihan - in a world of carbon taxes, cryptos net worths is negative on: December 27, 2022, 04:49:35 PM
Im a fan of Peter Zeihan and in general agree with many of his arguments, such as China collapsing by 2030 due to demographics and Germany falling down the economic ladder fast due to its reliance on ever-more expensive fossil fuels. So that's why Im torn on his views on crypto - hes usually right.

He goes on to say "crypto is the poster child for the environment from 1990 - 2022 when we had unlimited volumes of capital. Now with that the money is going away, crypto is going away"

My take on this is that yes, while there will be less capital going forward, fiat is still created at the whim of commercials banks, therefore the idea of a digital cash that cant be debased is a powerful one. On future carbon taxes, which I agree with, the bitcoin network can easily operate on a fully renewable grid - the problem with renewables is they are intermittent and the energy requires storage. Neither of these limitations apply to the Bitcoin network.

at 53min 20 - https://www.youtube.com/watch?v=aHUoMmKDLUI



Inflation is skyrocketing because the governments have been printing lots of money in the past few years.
All of this money is still present in the market and the whales are just moving it from one domain to other.
The money gets revolved from one kind of investment to others. Right now everyone is scared because of the on going inflation/recession and market crashes.
So the dust needs to settle down before people start pouring their money into crypto again.
I guess it will take another 2 years for that to happen.
1547  Economy / Gambling discussion / Re: How to win gambling? on: December 27, 2022, 04:43:08 PM
OP has mentioned tips to reduce the losses instead of how to win. So the title of this post is actually misleading.
While these are some good tips to minimize losses OP can simply change the title to 'how to minimize losses' so that it doesn't mislead anyone.
Gambling requires a lot of self control and patience which is absent in many people which is the reason why many people lose money in gambling.
The tips mentioned in OP also requires a good self control. So I guess one needs to improve his self control before anything else.
1548  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 27, 2022, 03:00:49 PM
I bet on newcastle, liverpool and arsenal but the status is still pending, a bit late usually I get my winnings not long it only takes 1 or 2 hours after yesterday's world cup time match, how long does it take to process that does anyone know

I write on each bet "Winners will be declared and paid out within 48 hours of the event ending.".

The world cup was in a different timezone so you didn't need to wait for me to wake up in the morning and check last night's results before doing the payouts.

Oh man, how do you manage to work during holidays etc. You must be everyday checking the state of page, results, do the transfers etc. Really demanding tasks, as all must go fluently if we want the site to be trusted.
I only hope you take enough rest and have proper life/work balance! Cheers!

I think that working remotely which I believe everyone in such business do gives you the opportunity to do the tasks/jobs during which time he may have as more suitable,I am sure people would not mind if they don't get their things done within a 24 hour time frame,sure there will always be the complaining ones but overall nowadays people in my opinion are more patient especially when they know they are dealing with a really trusted resource.

So I think he already has proper life/work balance.

Every job has it's own pros and cons. I have a full time remote job as well and so I know how it must be for TheQuin.
Handling daily activities, house work, office work, family time, chilling with friends, sleeping all of it takes up the 24 hours very effectively.
As for the betting rewards, it's a smart move to put a 48 hours timeline which is quite sufficient to distribute the rewards.
1549  Economy / Trading Discussion / Re: Hi i been doing binance futures for quite long time here is my idea on: December 26, 2022, 04:32:21 AM
Due to the availability of copy trading on the CEX. Trading signal is slowly become obsolete since newbie can just copy somebody trading base on its win rate percentage. Most of the pro traders just do this instead of starting what you planned since you can instant commission to all the use who copy your trade.

Just enroll on copy trading on CEX and increase your winning percentage there to attract more followers rather than start from scratch on telegram that full of leechers.

That is really a good idea. I have heard of copy trading and know that binance has some kind of leaderboard where people can see those whom to start copy trading.
I guess this is a better thing to do instead of joining a telegram channel dedicated to signals like what OP is mentioning.
It is more flexible and convenient to rather use copy trading on binance.
1550  Economy / Gambling discussion / Re: Is this a good plan at all? on: December 26, 2022, 04:27:35 AM
Crypto gambling keeps growing faster than Fiat gambling, it's good to see that the masses now favours crypto for gambling than using Fiat but the only issue I have with crypto is the security, data breach and co so I want to know if hiding my IP on a crypto gambling website is secure? I am going with a premium sub of express VPN. If you think otherwise please tell me.
i have never tried using a VPN while gambling, but from several cases that i have seen, many crypto-gambling sites strictly prohibit their users from using VPNs to avoid cheating users.  but why do you have to use a VPN, if your country doesn't prohibit gambling? is your country not friendly to gambling?  then i think you can ask CS on the gambling site you want to play on, and ask, what VPN they recommend so that you are safe playing on their site.

Well, there are some casinos that do accept that you have and can play using the VPN, it is not a bad thing, however those casinos that do not allow it are better not to, but I think that in the future all casinos will have to accept the use of VPN, the reason is very simple, it is very difficult to say no to money, and that is something that I think few people would say, and those who would say it is because eventually they do not need it, and in any business model it can be done I think that these things should be taken into account, because a casino lives off its people and its players, and if they ban the most potential players it is something that should not be allowed, it is pure business logic.

So are you basically saying that casinos will allow the usage of VPNs so that they can get more users to their website and hence more profits ?
I don't think that will happen because casino's can't officially announce the use of VPNs.
It will be against the regulatory authorities if that country has regulations that do not allow users to gamble.
It can happen unofficially though by not putting any statement related to VPNs on their site but I still think it will involve regulatory risks if a gambling website allows VPNs.
1551  Economy / Gambling / Re: making 500-1000usd daily in poker must read i need a partner! on: December 26, 2022, 04:12:22 AM
i have a poker way to make money i will show u it fully if we can work together, not alot of money is needed , why i need money? because i was in debt im making but small amounts we can scal this up i would be fully transparent lets make this money if ure interested send me your discord

If you are really so good at poker then you wouldn't be in debt at first place.
You probably lost your money playing poker and hence you might be in debt.
Now that you don't have any money to play more poker you are trying to ask others for funds you will probably end up losing as well.
I think you should stop gambling for a while and start some real job to clear your debt first.
1552  Bitcoin / Bitcoin Discussion / Re: People who holds 1+ Bitcoin, how does it feel to hold in bear market? on: December 25, 2022, 02:33:51 PM
I don't really care if it is 1 BTC or 0.078 BTC or 1.437 BTC. It is still bitcoin which is previous and we should try to hold every possible satoshi we can for the future.
As long as the bear market is concerned it will get over at some point of time and we should feel lucky to buy more bitcoin at such cheap prices.
We never know if we would be able to see bitcoin again at these prices or not.
1553  Bitcoin / Bitcoin Discussion / Re: What do you intend to tell loved ones about the bear market? on: December 25, 2022, 02:26:42 PM
I just tell them that it is a part of the cycle and once it is over the good days of bull market will be back.
So just let the time go and once the market recovers then we can make good profits.
This is literally the only thing I tell them to make them calm because they get stressed about the prices.
In order not to make them panic sell at such low prices this is what we should do.
1554  Other / Beginners & Help / Re: Aren't FTX CUSTOMERS Victims? on: December 24, 2022, 07:49:14 AM
I dont really have anyone to talk to.. I lost my USD that I had saved up .. I kept it on FTX.US.  If I tell anyone who isnt into crypto.. they say im a loser for trusting crypto.. if I tell anyone else they say im a loser for trusting ftx.

Throughout the whole thing(3 years) I have worked a super low end job.. 14$ an hour.. but the business needs me and I am fairly happy.. But I would like a way to make money... I tried alot of different things but nothing has worked.... I am a sincerely good person.. I have some skill in programming.. but people constantly try to take advantage of me.. and im afraid.  



 

I know it must be feeling tough but once the money is gone from your non-custodial wallet to any other address then you should consider it gone.
You must have known this before your invested in cryptocurrencies. If you didn't then again it is your mistake for not researching where you are putting at your money.
All you can do is start from scratch now. One learns from his own mistakes so take it as a lesson and do not be harsh on yourself.
You still have a long journey ahead. Start spending lesser and saving more. You have a decent job because $14 per hour is not so low as you think.
Even if you work just 8 hours a day you still get $112 per day while having so much leisure time left.
Start utilizing your time effectively because time is money. I am sure you will be able to cope up well.
1555  Other / Beginners & Help / Re: Finally got my boss to pay me in Bitcoin on: December 24, 2022, 07:32:39 AM
Hello everyone I am very excited today as finally my boss has agreed to pay in Bitcoin. After losing at my first attempt in Cryptocurrency as I thought that wealth falls like rain here I was brought back to reality with losses I got a little job on the side although a small amount paying job I think it is okay for me and I can get back on my feet.

Ever since I started working I have always been talking to my boss and coworkers about Cryptocurrency and after persisting they started to give me listening ears, I made sure to also tell them my experience and made sure they got my picture.

Along the line my boss got very much interested in cryptocurrency especially in Bitcoin. Assisted him in creating his Bitcoin wallet and taught him all I could, it surprised me when he finally accepted to pay me in Bitcoin and has giving it as an option to other workers, it's a big joy for me and I believe they are also talking about cryptocurrency to their friends and family too, just got my first payment in Bitcoin this evening.


I personally think that is great. Getting paid in bitcoin for a side hustle is an ideal solution to invest in bitcoin periodically.
I think you should also try to find a day job which pays you in fiat currency to handle all the bills and expenses.
Create a balance between the two incomes to stay invested in bitcoin while managing your expenses.
Diversify your investments so that it can generate you good returns over the long term.
1556  Other / Beginners & Help / Re: Tips to Becoming a Successful Holder on: December 24, 2022, 07:24:26 AM
According to me the most important thing required to become a successful holder is patience and belief.
One only sells because either he is impatient and is doing a panic sell or when he thinks that the project is about to collapse.
A successful holder has the patience to hold the coin for a long term and believes in the project he has invested in.
I am a successful holder of bitcoin because I have seen bitcoin go from $4k to $19k then back to $3k to $69k and then back to $16k.
Yet I am holding my coins because I know they are worth more than any of these prices.
1557  Economy / Gambling / Re: Researching for Upcoming Game on: December 24, 2022, 07:09:40 AM
Hi there,

I'm part of a team developing a crypto/blockchain game that has big $$ prize potential. I'm doing some research and hoping this community can help. If you guys have any insight/thoughts on the following questions please share them. We are really trying to build something that is enjoyable for the crypto gaming/gambling community.

- What are some current pain points in the crypto gaming/gambling space for players?

Lack of customer support.
Need more free spins/rolls.
Spammers in chat room.

Quote
- What would you like to see?

A spam free chat window is a must.

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- What makes one game fun to play -- more so than other competitors that have similar games (ex: why you enjoy playing crypto poker on X site rather than site A)?

The UI of the site matters. The graphics on one site can be better than other which attracts users to play on that site.
I have observed this with myself since I like the UI of one of the gambling site.

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- Aside from BitcoinTalk (this forum) where else do you get your news that you trust (which newsletters, sites, which Youtubers, any twitter accounts)?

BTCGOSU is my go to site for all the gambling related stuff. Whether it be checking out a new gambling site or reading news or bonus and promotions.
It has everything we are looking for.
1558  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: December 24, 2022, 06:27:53 AM

Although you have a valid point if we look at it from betting perspective but sometimes we bet just to have FUN and not the profits.
I do it sometimes just to see if I win the bet and ignore the odds. In such cases we can bet with extremely small amounts which are obviously affordable to lose.


I do the same, I only place small bets but it always gives me some thrill and excitement and it makes the games a lot more fun to watch when you place a bet on it. You won't become rich or loose a lot of money when you place these small bets so it is indeed just for fun!
I can relate, several times, i do this most especially when i have some small amount of usdt laying around on my account, and i agree that watching a game you have a bet on is always very interesting, this is because you know have a team you are really looking up to to win so you could win your bet.
But then also, nothing can be more frustrating and disappointing when you are watching the team you bet on losing the game to their opponent and there's practically and absolutely nothing you can do to help them  Grin.

LOL, that is very true. Although there's basically nothing we can do to help the losing team yet we can pray for them to win.
Sometimes our prayers do get heard  Shocked but even if we lose there won't be any harm in that since the bet amount was so small.
This is where many tend to make the mistake by placing an amount to bet which they cant afford to lose.
I guess gambling to make money should be boycotted and gambling for fun should be the only way to go.
1559  Economy / Trading Discussion / Re: Binance lots of FUD on: December 23, 2022, 04:05:22 PM
FUDs are good for the market because it gives opportunities to make some quick money.
The FUD against Binance is expected now since FTX has collapsed completely.
FTX is an exchange which had it's roots to other platforms as well which is why the contagion is spreading slowly.
Selling now to buy back later at lower price will increase our profits when we sell them back at higher prices.
Short selling in futures can also gives us some nice profits at times of FUD.
1560  Economy / Trading Discussion / Re: Does a trading strategy becomes obsolete? on: December 23, 2022, 03:55:55 PM
I am trying to learn more about trading strategies specially in Technical Analysis. Upon trying different indicators, it comes to my mind that indicators might become an obsolete one day.

Just imagine if all of us knows how to use RSI and MACD. We all know when it is overbought or oversold. Therefore, we already know as well when it is good to enter and exit in market. Since we all knew about, RSI is not a good indicator anymore and many of us will find a new indicator that will provide us more details than the latter one.

Now, many Trading Gurus are teaching the best strategy to use. Wherein fact, strategies are becoming obsolete as time goes by. If you are new in trading world, definitely you will be eaten by those traders who know a lot in trading.

That is a very tough question to answer because the market behaves differently on many occasions.
Although we know that RSI is an easy indicator that tells us when the market is overbought or oversold yet we sometime tend to take wrong trades.
Yet the market goes in the opposite direction than we predict. This is why many lose money.
Experience is much needed when it comes to trading. Indicators play a supporting role in our trading journey.
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