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1621  Economy / Trading Discussion / Re: Why everybody is panicking ? Its a game of greed and fear ! on: November 30, 2022, 08:34:57 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear


That's right... this bear market will be over soon.
All of this is just noise in the grand scheme of things.
And traders should be happy when the market dips.

I sold after the peak and went in dollars. It was the best decision.
One day I was only selling, and now I'm buying, taking self-custody, and waiting for the uptrend.

This is how buy and selling works which it turns out to be the most very basic step and things to be done but eventually the most hardest thing to consider when it comes to decision making.
There's no way that someone could make out immediate decisions basing on what you are seeing in the market which its price is really that truly unpredictable.Yes, its true that we are really
on a situation on which the market is really that giving no movements or being in sideways which it would really boggle up your mind whether it would be going up or down.
Dont make yourself believe that there would be patterns or it would keep on repeating its history because everything will really be basing up on community demands and recognition.
1622  Economy / Gambling discussion / Re: How was your first attempt to play gambling on: November 29, 2022, 11:40:42 PM
We all have a different experience how we started our first bet. Their are people who started bet without having any knowledge concerning it. Their are some people started with a help from a friend to bet and their are some who took their time to learn before they started paying bet.

How was your first start? Did you play blindly or spent some time to learn.?
As far as I remember, I was tempted to bet that time without even prior knowledge in gambling just because my wife is pregnant, and they say pregnant women are lucky in most of their chosen bets. And so we won that bet. Later on, I started to bet on my own and while my experience gets deeper, I am also learning from gambling. Maybe that made me a good gambler somehow because I was able to learn from my mistakes and losses, and not only from gambling articles alone.
Those are just beliefs and there's no evidence that it does really work or effective because we do really love on tying up things into gambling which we do convince ourselves that it is really a lucky thing.
Each person does have their own experience on how things been done and deal up with something that we havent experienced before. On my first attempt with gambling is when im still young
where my neighbors or friends had that coin toss kind of gambling where you do need to guess whether its a head or tails and if it turns out to be right then you do win.
Until on the time that i had already some knowledge then the awareness and experience do even get wider.
1623  Economy / Speculation / Re: What Will Be bottom Of BTC in 2022 Year ( Current Price= $16000 ) on: November 29, 2022, 10:30:26 PM
staying at 16 thousand dollars now , though last night I thought we will be seeing another 15k level but did not drop through and now staying strong at 16.

if this will continue then this means we already reached the bottom and maybe seeing a Hit up in the coming weeks as we have only almost 5 weeks remaining in 2022.

I strongly believe that we will cross 20k at least in short time this end season.
Im not that expecting much that we would see 20k before this year ends but if it does then it would really be that good in the view if that do really happens but im not expecting much.
The important thing here is that the price do able to withstand or able to hold on 16k price point which i cant really tell that it is considered to be the bottom price but it is likely to be it.
If we would be sitting or moving out sideways on this price point then its not really that bad to make out some buy position as of this period.
Lets just put up into our minds that we cant just have a falling or bear market forever which means that recovery and bull run do always lies ahead.
1624  Economy / Gambling discussion / Re: Cock fight game on: November 29, 2022, 09:16:16 PM
Might be better if we have a poll OP?

This discussions has turned into animal cruelty vs gamblers who doesn't mind animals being involved for such games.

Like in your case, it seems that its already part of your culture and customs and yet it is being criticized here. So I'm just interested on the numbers, who favors who in this kind of argument.
yes there are some cultures that are still thick with animal cruelty but besides that all of us in this forum have to respect their culture if we want to be respected, to be honest it's not a gambling game that I want because I'm not someone who likes to kill animals just to bet on gambling, so this discussion will be very long to discuss because it all depends on the point of view of different communities

after all it seems no casino is too keen on the idea of creating gambling that features animal cruelty
Agree on this one that we should really be respecting on other countries culture.It is really just that there are really people who are really just making those exaggerated reactions in talks about
animal cruelty which they dont even bother about asking the situation into those hogs that been slaughtered just for us people to have some meat. Lets just really that accept 
that there are places in the world which does have different culture and things that they've been dealing.They might not really be looking to be good or ethical on some point
but well its theirs to take and its none of our business and we dont have rights on criticizing it.
1625  Economy / Trading Discussion / Re: So many good news but Market and coins don't go up on: November 29, 2022, 07:59:09 PM
What sort of news you considered to be good? Sometimes people says that certain coin pumps but actually that are not so high to get some sort of extra income but is as high to reduce your loss. Other thing is that not each and every moment is in favor of participants, at some moment there will be hurdles you face, now  everyone has to be patience ant wait for the accurate time.
News or  events could be classified as good or bad basing up on the thing which are currently happening in the market but its true that it doesnt always give out significant impact
within the market and this is why when you are a trader who do fully rely with fundamentals then it would really be hard on handling up yourself. Market is unpredictable since from
the beginning and we've seen several scenarios or situations on which news cant really affect the market price movement.Some of the time it could but most of the time
it wont really be having any effect.
1626  Economy / Economics / Re: A career - as an employee or a business owner which do you prefer and why? on: November 28, 2022, 10:37:57 PM
This is what I have known about people regarding business, they all prefer to be self-employed, they all wish to have their own successful business, but many do not have the capital to start. If they have gotten the capital they need by being an employee, they will start their own business, but not everyone has that capability.
Well, everyone wants to run their own business knowing the profits are limitless and more secured, but not everyone is capable to make it work not only in terms of capital but also in dealing with strategies and techniques to make the business surely grows. The reason why most of the people chose to stay being employed as it’s risk free and there are fixed profits at the end of the month regardless if you work hard or not.
This is wrong. In the past the competence is low. Now in each and every business the competence level is quite high. Having a business had turned to be simple, but making revenue is not a simple thing anymore. We need to do something unique to be the leader against the competence. So, based on the efforts will be the profit out of the business. It is not true, whether you hard work or not you'll end up with profit always.
Unemployment rate do even gets more worst considering that population is really that getting increasing as years passing and the jobs getting more scarcer or lesser.
Its true that back in the past where competition isnt really that high but now? You would really be having a hard time on getting one even if you are a top notch graduate or having a degree.
There are even situations where people who are getting the job are the ones who do have connections inside the company which it would really be that
giving them advantage compared to you who had followed up on the process on applying a job which is really that unfair truth.
1627  Economy / Trading Discussion / Re: 10K BTC Linked to Mt.Gox Moved! on: November 28, 2022, 05:28:57 PM
What will 10,000 bitcoins do to the price in a day or future prediction? It is equal to 30% daily trading amounts, and whenLUNA was sold 50,000 bitcoins, all that panic occurred. not 10K
Mt.Gox case and all its consequences are in court, and therefore the sequence of the process will be slow, and we may need additional years to solve this problem.

Even if this was 100K bitcoin, the market is not going to respond in a negative way because these are stolen funds and they can't easily be sold. The coins are flagged and whereever they get sent they will most likely get frozen.

Many exchanges have blacklists and if there are tainted coins depositted into it then they are frozen. Even if they don't have this address blacklisted, many people who track the coins onchain will email the exchange and tell them to do so. They will have no choice, they won't allow them to be transacted with at the exchange.

So what the OP is worried about is that even this move has happened many times which we have seen as well as Mt.gox moving 10k bitcoins for me indeed it will not affect the market and will not just fall because the market will remain in the same situation.

Obviously I can assure you that if it was stolen funds transferred by Mt.gox, the funds would have been frozen on the stock exchange, some people would have reported that if it was true that the funds had been moved for sale, so I was not surprised and not the least bit worried because the bitcoin market reaction won't be that negative.
10k Bitcoins might not be much but if we do really mind off about on the emotional aspect which could possibly affect the market as a whole which yes i do mean about FUD.
When this thing is on the move then this market turns out to be easily be fucked up and would slide down or make some snowball effect.Its true that it isnt really that surprising that
stolen funds would really be moved out considering that someone who do stole it then it is just typical that it would be having that full control and able to see if they wanted to.
Its true that once those stolen funds moved out on an known exchange then tendency that those would be locked up.
1628  Economy / Gambling discussion / Re: A Chinese Man Won $29,392,922.00 & Refused to tell His Wife and child on: November 25, 2022, 09:59:18 PM
Aren't these news manufactured? Some weeks ago we have seen an exactly story like this one, but it was about a japanese man. Now they come with a story about a chinese man, displaying a picture of the probable man that looks more a model from google images.
I think this is the same with that news and it's like reposted by OP. Because I also saw this news being posted by someone but I just can't recall if it's on the forum or on the other social media.
This is not the first thread about this topic, I can’t see the old one as well but I’ve seen it before.
Anyway, that guy knows his own family and he did it on purpose so there should be no issue here and instead congratulate him for his winnings and for him being wise with his money. That money will last as long as he knows how to handle it, slowly he can tell it to his own family and I believe that time will come.
Yes, theres similar situation but that guy had wore a costume for him not to reveal himself but i dont know if this recent one on how it had been done.In overall in speaking about winning big then it would
really be normal that your family should know because you are their father or husband which it is really just right that they would know everything specially on financial part.
Come to think that they've been on your side on those hard time or before you do hit up the lottery and now that you do able to win millions then you dont tend to share it out
and keep it a secret to them? You are just too selfish imho.
1629  Economy / Gambling discussion / Re: Cock fight game on: November 25, 2022, 08:39:38 PM
This kind of gambling is always fun because these animals fights in the circle of human, have you been involved in this kind of animal gambling or have you watched such game before. Can such game be in the casino?
For cockfighting then yes, but for ram the no which it would really vary from places because we do have different cultures which means that it might be seen on other places but not on other locations.
For those people who doesnt really like animal cruelty then pretty sure that this type of gambling wont really be something that looks good for them.They would really be totally having no interest
but for some then this type of gambling is really something interesting because you cant really know on whats the outcome.I do have seen that cockfight which is interesting for my part
which there are even sites who do offer online betting for this type of game.
1630  Economy / Speculation / Re: The real bottom is yet to come of BTC on: November 24, 2022, 10:20:54 PM
Such thinking will not bring you real profits. Waiting to try to buy at the bottom, and waiting until the verification of the bottom may make you lose the journey on the train, despite the possibility of buying close to the bottom for $3,000, so what is the difference between $16,000 and $13,000?

DCA's principle means that you exclude the price as a criterion and make the most important factor is time.
DCA is commonly suggested specially no one could ever predict on whats the bottom but not all does have the money on doing so and this is why they are really that making sure on trying to figure out on whats
the bottom. No one could ever guarantee nor predict on where prices would go and some people do even expect for 3k if those huge strong supports would be broken then we might see the worst.
There's a chance that we might see those previous years prices but its not guaranteed yet the price had been stabalizing once again on these levels.
So its really hard to assume about significant movement on these times where doubts and confidence is really been that affected.
1631  Economy / Gambling discussion / Re: A lottery's defense to not paying a huge winning. on: November 24, 2022, 08:57:58 PM
If there are really irregularities in the bet then they have the right not to pay the player, if the player believes he played in good faith and has not resorted to cheating then he has all the right to claim the money, based on the article its already in court so it's better that they wait for the decision.

For a company to be in charge in court on denying payment is not good for its reputation and the name will be further damaged if they are found guilty of denying payment, the government should step in to check if this company is holding its lottery in a fair manner.

I agree. If the casino or lottery company find irregularities in the bet made by the player, it is just right and just to deny the awarding of prize and forfeiting their entry. That is because any activity proven to be fraud or involving illegal activities shall be punished accordingly.

However, if there's none and the casino or lottery company is just finding way to escape their responsibility of awarding the prize to the winners, then they must pay the prize of deceiving the players and wasting their time. It is the responsibility of the company to always double check every entry that will be made and it's their duty to give the payment to whom it's due.

It is obvious that the lottery company is making excuses to pay the bettor his winnings. They offered him money when he went to report it to the police and when he filed a case to the court. The company is inconsistent with their excuse saying their database is deleted and soon accusing the winner with irregularities. I hope that the bettor wins the case so the lottery company can stop operating.
With that alone, then you could really tell that they dont have any plans on giving the winning amount overall or in total which they are trying out to bribe you with those amount for some settlement for you to
stop on doing that legal action thing which does indicate that they arent paying at all or would really be just having no funds? There are only two probabilities but as a winner then you do have the full rights
on claiming those wins since you had played on a right way which it is really that something that belong to yours.This is the importance of things to consider out first
before depositing into a site or platform.So you should need to think up and decide the right way.
1632  Economy / Trading Discussion / Re: Biggest reason why you dont make profit first on: November 24, 2022, 07:38:25 PM
So instead of small profits wait and attack Big you make enough and you dont have to Shamed about your life you can say to friends you make money in trading.
Don't you know it actually takes effort and time to actually earn really "big". Sure it's easy to say it like that but in reality sometimes reaching for the big catch is not worth it at all where you can just do it with smaller amount of profit and actually get the same result in the matter of time. Flexing to your friends are pointless, it is not that your friends will be proud or something especially if they don't know about cryptocurrency.
There's no need to boast off when it comes on how you do make money whether they do know about crypto or not then it wouldnt really be still that a good idea with that kind of behavior.
Profitability would always be not too easy and this is why its really that wise that you should really take things slowly and on a proper way where you should not make yourself that greedy.
Dont rush up on everything because it would really be requiring lots of time and efforts for you to get a hold off and it wont really be that simple.
Using up your common sense and do the right things which to be realistic is much better option most of the time.
1633  Economy / Gambling discussion / Re: Losing $350,000 because of a friend, what would you do? on: November 23, 2022, 11:52:17 PM

Never ever suggest on using up your credit card when it comes to gambling yet that control you've been talking would really be that impossible on this case.I already have that bad experience on using up credit
card which you could really make yourself that impulsive when it comes to spending.Even you would really be telling into yourself that everything should be on control but on the time that you are
on the actual situation then this is where things becomes even more harder to resist,specially if you do know that you do still have the money or the capacity on spending
since you could always make use of your credit card which is really a very bad idea on no matter what angle.

I very much agree with this.

It's really a bad advice to tell someone to use their credit card for luxurious things that in the first place, they are not thinking on splurging with.

Using your credit card for your wants once in a while is okay as long as you have the means to pay it and if you know it to yourself that you are disciplined enough to pay it back before the due date. Spending it to your necessities and to increase your credit score could be a good way to maximize your credit card usage for rewards and points accumulation which you could also utilize in the future.

However, telling someone to use it for gambling just gives me a negative vibe because a person that has a credit card doesn't necessarily mean he's already equipped with financial literacy. Most people especially the new cc holders fall into the trap of borrowing money and ended up accumulating big interest and loans they can't afford to pay. Which could literally ruin their life if ever they'll be victimized by continuous use of credit card without having the right mindset of obligation in paying.
If you dont make yourself that obliged on paying up on the amounts that you have used then you would really be messing up your entire life later on which is something that you wont really want to happen.
I do already have the experience and i had learned up a lesson on very hard way because we know that paying up huge interest is never been simple or easy.There's nothing  you can do but to pay
up since there that agreement which you are really that responsible and obliged on paying up on what you had used. Making use on gambling? You are really just making things
even more worst because once those funds are totally lost then there's nothing you can see on where those funds been used into.
1634  Bitcoin / Bitcoin Discussion / Re: Teaching my nephew about Bitcoin on: November 23, 2022, 09:50:51 PM
...He was given piles of books to read and feed his curiosity about science and some mechanical activities taking place around his environment.

He spends his free time reading and watching lots of science videos on YouTube. ...
So, he is 11YO. Wow, reading how they give the kid activity, I don't know, but isn't it too hard? But, well come back there again that your nephew has been analyzed as that, and probably his hobby is like that. But, did you ask him about what he wants instead of giving him activities referring to the results of the program? I mean, sometimes, kids still want to play more instead of learning, however, giving him piles of books and learning about those hard materials is. Wow, this doesn't force him to work harder?

I know that learning from earlier may be important, and introducing him to BItcoin and crypto technology from earlier may be not wrong. This can be a way to teach him about it. But please, you need to give him a more interesting strategy to make him not really pressure or to be more excited for learning and plaing ta once. But, I really appreciate this effort to intrude about BItcoin ealeir.
Although OP has a good intention for his nephew but I think the way he introduced bitcoin to the kid is not quite interesting. It should be taught more with colorful pictures and videos since the learner is still very young. And most probably, if the kid is still 11 years old, his interest with cryptocurrency is hardly developed yet, and he prefers more on games than serious topics like cryptocurrency.
Actually still depend on how he had able to represent but its true that for an 11 year old children then it would really be that not precise nor good on getting its attention on this way.
I agree that it should be somewhat that colorful or something that presentable where you would really be getting along with a minor.For sure it wont really be that easy
to understand on the first place specially if its your first time but every steps or actions that had been made, as long it do really touch out the essence
on spreading up exposure and awareness is always been a commendable thing.
1635  Economy / Trading Discussion / Re: My exorbitant lessons in last bull market on: November 23, 2022, 07:06:53 PM
...Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. ..

Such a choice of coins by a beginner is understandable to me, since he does not have a large deposit, trying to increase his balance in this way several times in a short period of time. It's like in a casino, the risks of losing your money are very high, but there is still a small chance of getting a good profit.
In a way it is understandable that they do what they do because this is a mistake born out of their ignorance and their greed, however not only beginner investors make this mistake, we have investors which have been part of this market for years which still invest in meme coins and all kind of shitcoins, just last year the NFT craze was completely insane and many people lost all their savings by investing in useless pictures that anyone can download for free.
Thinking up logically about that NFT craze or into those images or jpeg or pngs. then its never been that worth if you do really look on deeper picture.You could really make it as a collection but what for?
Anyone could easily make out their own image or whatever they do have in mind in forms of art but its not something that should really be costing hundreds or millions of dollars.
I dont know on whats up into those minds of people who had considered out on buying out those shitty pictures.Its true that even experienced or old investors on this market
could inevitably able to make those kind of mistakes.There are ones who do really love to play with fire.
1636  Economy / Gambling discussion / Re: Losing $350,000 because of a friend, what would you do? on: November 22, 2022, 11:28:01 PM
I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend Smiley After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.
That is why it is better for us not to share our gambling accounts with other people, even our friends, because we do not know when they will use that gambling account. Moreover, if they don't have good self-control, they can use all the money in the gambling account and not ask or tell us about it. This can lead to fights between us and friendships can be damaged because of this little thing. But you are still lucky not to lose that friend of yours and are still my friend.
And if there is a credit card linked to it things could be many times worse, after all people trust in their friends and they are not going to check every single thing they do, and if you have a joint account then it could be possible for your friend to abuse that trust you have in them and make some withdrawals without your permission, so it is better to keep our accounts separated, besides I think most casinos do not like arrangements like this one as it could bring financial loss to them.
I would not suggest using a credit card to deposit money for gambling because I am worried that the bill at the end of the month could increase due to the lack of control from each of us. While we might say we have good self-control, we know how the temptations of gambling will get to us so each of us should deposit some money into the sharing account and tell the others. That is to avoid cases of abuse of trust and credit card bills later. We must protect our accounts by not sharing them with friends unless they are very close to us and can be trusted.

indeed it's much better to have a limited bankroll for gambling so things don't go out of control
if using a credit card at least use a separate one from normal use and control the money limit so you don't get in trouble

better safe than "sorry in big debt"
Never ever suggest on using up your credit card when it comes to gambling yet that control you've been talking would really be that impossible on this case.I already have that bad experience on using up credit
card which you could really make yourself that impulsive when it comes to spending.Even you would really be telling into yourself that everything should be on control but on the time that you are
on the actual situation then this is where things becomes even more harder to resist,specially if you do know that you do still have the money or the capacity on spending
since you could always make use of your credit card which is really a very bad idea on no matter what angle.
1637  Other / Politics & Society / Re: Bad economic situation always create more crimes on: November 22, 2022, 09:48:34 PM
When they had turned off their printers? For sure it hadnt been done ever since considering on what would be the effects and this is why we do see that inflation due to continous printing but of course it would really be that on controlled manner because if they would really be doing this then we can already picture out on what would really gonna happen.Speaking of criminality then it is really just a normal thing that we do see
on a society since from the beginning of time where there are people who are really that having this kind of mindset even if they arent on a verge or situation where they have not something to eat
but rather they do have other personal motives and intents which is really not that always pertain about economical aspect.
1638  Economy / Gambling discussion / Re: [BOXING] Manny Pacquiao vs. DK Yoo on: November 22, 2022, 08:46:42 PM
Exactly! Exhibition fights are just pure entertainment with no meant harm to the boxers who will be participating the said fight and in this case, just like any other exhibition fights, judges will not be around because they have no purpose to record anything what's going on in the ring. Even if we turn upside down, the fight is 99.9% scripted, no matter what will they say to each other. They are just there to market the fight, no harm meant.

BUT, there's a but. A knockout is completely legal, so there's still a chance that we might see a much entertaining fight because the other camp will somehow retaliate because of that action.
People do not really realize how hard boxers can hit since we watch fights which last 12 rounds almost every week, however they hit so hard that a single punch would be all what it would be needed for most professional fighters to KO a regular person, and there are some boxers which are so strong that they can even KO during a sparring match even when their partner is using gear to protect themselves, so even if it is an exhibition match if Manny does not reduce the strength of his punches he could still KO his opponent even if that is not his intent, now it is unlikely this outcome would occur but it is still a possibility.
This would really be hard for his part which it is true that he would need to hold his punches and dont let his opponent be knocked out in first few seconds of 1st round.It would really be not worth for the money spent on
tickets for the fans who do love to see a boxing legend which he would be thinking on how to make his fans happy and contented or satisfied on what they do paid out.It would really be getting lots of criticisms
if this fight would only just last for a few seconds just because he had been hit up by a solid punch which a boxer could really made on.Its true that average or normal person cant really be able
to withstand on punches on where these boxers do made off specially on someone who had been known as a solid puncher.
1639  Economy / Trading Discussion / Re: Payed trading person to follow on: November 22, 2022, 07:40:21 PM
You need to be aware that even the best traders can do mistakes and copying them will involve financial risk. The best approach is to learn some trading by yourself and keep the risk controlled. There is no certainty if you rely on others.

Let me know if you have any questions or need some assistance.
Its never been worth but its not really bad on getting or seeing some strategies on which others been doing but of course you dont really need to spend a dime on getting those since it could
really be just for free.Its never been worth on making yourself paying up on something which doesnt give out assurance.You could really learn on your own if you wanted to.
Better to make use of those amounts for you to make trades even on small amounts which you could really make yourself that knowledgeable.
Make some small steps and learning until you do find yourself that sustainable or somewhat do able to survive this market volatility.
1640  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: November 21, 2022, 11:42:36 PM
Also, it is every boxer's dream is to maintain their undefeated status while also cement their legacy and there's just few boxers who did that until they retire.
As for this one, Inoue will have to risk his record in-order to gain because he won't be growing if he will always stay in his comfortable division.

Naoya Inoue already knows and surely understands that moving up will come to him. He's prepared for that.

Besides, I think SuperBantamweight will still be his comfortable division soon as it's not that a big leap from Bantamweight to Super Bantamweight.

It's easy to move up instead of moving down. Boxers increase their strength more during moving up as they will also take additional training in the process.
On the time that you decided to move up on weight division then you would really need to work hard for it.There are really that things will be changed up which is mainly your weight.
Just like the rest been saying that moving to an heavier weight isnt really just too far off with this current division which giving out a little or stepping up wont really be an issue for him.
It would really be interesting for those fighters for said weight division whether he would be able to dominate this area or would really be
a tough one for him but knowing Inoue then it wont really that much hard but lets see.
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