Ironically the more people think 100k will happen I think that makes it less likely, ideally nobody thinks its possible then we can rise.  2024 is next year but its only 6 months which means people are too expectant of gains which leads to trouble, I'd be more comfortable if people said 2025 then its almost realistic and out of reach so not a trouble.  
  When you put down 2024 there is for sure more then a few people who will be ready to complain on January 1st if its not happened and Im almost certain it wont.   I reckon we probably have to sell off in early 2024 to rid the disillusion of the weak holders the over balanced over leveraged speculators first before it can really rise, that would imply then the end of 2024 at the earliest for such a gain.  Every prior milestone from the 2021 rise onwards is now lying in the path of gains and its presently weighing a ton resisting price action for BTC moving it out of the way.

Some news today in a small way, yet to be confirmed but we crossed the 50 day average.   I also heard in actual news not charts that Binance has some issue, now its just an exchange but its a big one and as so many people recognize it apparently it will matter for crypto sentiment going forward for some time perhaps.

https://talkimg.com/images/2023/06/12/AN5I3.png

This could be a trade down, simple moving average is only an indicator so its not an actual break of support exactly just a warning of possible weakness now developing.  I think we remain in the same range of the last couple months roughly hence more caution then alarm for the moment.

The idea originally way back in 2014 or similar times was BTC is not money so hey its not really gambling exactly only the national currency can surely be declared as proper currency so whats your problem.  Now somehow this virtual thingy nobody knew what it was is a thing governments want to regulate and ultimately tax etc. so apparently the answer is anything at all counts as money, furry toys can be tradable commodities I guess so you can gamble those too and anything at all.
  Everything is currency possibly and so anything can be a gamble is somehow true.  I always say to gamble is a human nature everyday thing, risk cannot be eliminated we all gamble in many things we do as nothing in life is for certain.

40k is totally possible but its a long and winding road to take that path and my idea to get 40k in May would be like us taking the mountain cliff road at 100mph.  Bit dangerous, maybe but I think not and first before we can go up it goes down and today it appears to be doing just that.   Its not actually big deal so far, its just going in loops and is the sell a repeat of a prior move yea it sure looks like so the news is not new we can decide better when anything outside the prior range of  almost 2 months is appearing.
   We are without a clue right about now, I can guess maybe but not especially wanting to bet with any confidence so far this month on the end of May.

Always hold both I would argue, never be tempted to hold all of what appears to be moving fastest or the largest gains though thats more possible when you have little to lose in the first place.
Gold fell from 2011 onwards near to the end of the decade, so almost the entire time it could be skipped as any profitable asset.   I would still argue it was fair to hold as a kind of insurance or absolute fallback, the balance for gold is maybe 1% to 10% of total asset value for a person.   The correct frame work would be as a pension related asset, since you cannot reliably save plain cash for retirement gold is best kept in most peoples portfolios for at least the long term.   I think gold works in 1 decade movements and also it can taken an entire decade for a new gold mine to be established.  If there is any sustained rise in demand it would require substantial investment to return new sources of any size which is where the profits are likely to come from an imbalance.
  BTC is completely fixed in supply but is subject to greater speculation where as gold is used as a central bank asset and has been in net purchase by central banks since the start of the century even while price was falling that was true

The whole administration is a party level organization really but its still centered around one person.  This is also why I never bought the idea of Biden stepping down due to age because its not all on him, if he holds the same opinions and is able to sign off the paperwork he can be the leader without having to pull the cart its not on him.   I dont agree with the rest of the criticism that he is non compos mentis, sharp as when he was 21 or 31 I guess not but we arent electing people on that basis more experience and track record then anything else hence Trump getting into office was a first ever as he had no prior relevant real experience but democracy put him there anyhow; all options remain open imo.

Ive heard varied targets from Feb to June.  It adjusts to try and regulate against variation too early or too soon and also for a 10 min block time but if theres alot of hype it means we probably get it earlier because of more mining being encouraged.    My guess is we dont get a ton of hype, so actual halvening is like a year away and anticipation and possibly the positive accumulation wont occur before Jan.    Im biased because of what happened last time, we sold off in the March just before halvening because of external factors and we could quite negative either government, fiscal or military events bringing a harsher environment.    100k from a year after halvening is more like it, thats more realistic less rushed for a target.

BTC has no breakout or substantial alteration of prior volume and price action traded, we are repeating a range or cycle of prices between 50 day average below and some resistance about 30k.  Till it can break or alter that repetition I think caution is the name of the game, we dont yet know direction at least short term it has to determine between the two which is the best direction that serves the most people who actually want to hold more then a day.  We can easily get to 40k imo but sellers must be exhausted first and ideally more buyers who are optimistic towards that target or similar also.

I wouldnt decide slots as being skill determined but there is still an important part of knowing the game, just playing blindly seems to be the quickest way to easily lose all of what you bet.  Though its always possible to randomly win despite not knowing what the heck is going on thats got to be extra rare.  The skill or good practice applicable is money management which could be mentioned for every game, every gamble and bet possible is making sure your money lasts for as long as you want to bet.   I guess if you did lose fast, at least your time is saved but not everyone can earn it back with that time saved so depends on the person how they see the world of gambling and slots I guess.
   'Always lose'  doesnt make sense as nobody would play it, is there an unfair I dont especially think so either imo its longevity as the game does cycle through wins and loses hence the advice above come back later.  I tend to agree its best to return another day quite often not chase a loss.

I used to play on a decentralized betting blockchain however it was not especially popular enough to justify itself.  I dont believe it was a failure exactly just never managed to challenge the normal setup for most  betting systems which is around just 1 website.
  In theory there are systems available I think where anyone can setup a game and gather enough players to take part in it but thats alot of work to do and the margins are slim to be organizing everyone into doing that all the time.  Much easier is the website everyone knows and comes back to you, you run loyalty bonuses and send out emails to people and so on.
   I would like to see as many websites distributed and decentralized as possible but maybe its easier said then done, if security was the absolute highest priority for everyone I think there would be far more momentum towards making that happen.

In theory the gold price never varies, its the price and value of everything else around it.  That would take some doing but its not too much to say that gold is far less changeable then most other commodities and FIAT currency which modern day we all know has become victim to politics and debt more then actual national productive capacity, wealth etc.

I still remember China banning BTC in autumn of 2017 wasnt it.  Of course they would, options are not what citizens should have and they already operate capital controls on the usage of their own currency and its ability to be used outside the country.  I believe the only place they are a bit more lax is in Macau where its gambling but this too is monitored and restricted no doubt some are censured for any kind of attempt to arbitrage differences in prices related to forex etc.
    BTC is still used in China, but officially not like alot of rules they have theres an official and an actual reality to it all.    The lesson for future moves relevant worldwide is why do they feel the need to ban BTC and this was bullish and in 2017 thats why the sell was followed by an even bigger buy and continued gains.  I think thats a wider rule because for example with rising interest rates, its actually relating to very loose monetary control the currency is weakening hence the rates rising can be a bullish event for a few different prices such as gold, commodities and BTC also it would appear.  Thats going to happen a few more times, Mt. Gox or anything similar isnt a good reason to sell longer term

You want both and that is not a contradiction because of losses must be considered alongside any risked capital.   The simplest answer is the most consistent gains over time are the most valuable but since no one sector is ever gaining constantly a portfolio approach to balance risk is the best choice.   The biggest profits will be the ones you keep from high consistency and reliable in demand industry in that sector, usually it means the entire sector is gaining and also you choose some of the best performers.

Blame your maths teacher if you want to blame anyone external to your own decisions.  If you learn maths and various dynamics like statistics and probability theory then you have a far better chance of comprehending risk vs reward on any game.  If you know when its a good pay off vs a risk not worth taking you are better off already and can steer to avoid losses not that there is ever any guarantee but I feel people better able to gauge their progress will do better in appreciating a good sequence of wins and when to quit with those gains.  Ultimately a person can or should only ever consider themselves as the captain of their own destiny but opinions vary.

I cant guess when we are on the precipice still, we dont know yet which way we go.

This is us in the vice still, do I know which way we break for sure.  Im wearing safety glasses as I dont know

So today is a positive day but its positive only upto this resistance registering a few times.   Of course we can presume we continue to gain and I do think BTC has positive action but I would much rather guess after we trade above and confirm above this ceiling.   Good volume today but not the best ever and not yet strong confidence, definitely dont presume gains.  I do presume sideways is the summary for some months yet, so I will often have to balance my positive view with a target to the downside many times also.  I remain undecided in wait.

Could isnt surprising, its an estimate 18 months away and purely by the maths measuring prior moves and possible velocity of gains 100k is already known to be in the trajectory for BTC.   Could, should world ever will are all different things but could isnt the doubtful thing, its will this really happen while the Federal reserve is continually raising rates.   It does appear slightly unlikely when we may not have dropped interest rates back by the end of 2024 and in theory the opposing yield elsewhere should cap the interest in speculative assets such as BTC.
  All depends on inflation, fiscal budgeting of large government and apparent monetary expansion vs actual because its also likely Dollar declines in value from now to end of 2024 and so on balance we must assume BTC could inversely rise.

This isnt the time to sell but if people underestimated the time involved to turn a proper cycle of hold and gain then I guess maybe there is no choice.  I see no reason to sell as a positive action that will vary by personal circumstance of course but if there is a choice left I'd try not.  Perhaps the clue of the full lock bonus being 1 year should have been enough it is really I think a bit like BTC itself something to be held year to year rather then month to month.  I do remember there was a trading competition but my view on trading is it far more involved in trying to guess a period of gains over just holding and benefitting long term.
  There was 2 major banks in USA going broke this year, a continuation of a war in Europe, spiked commodity costs, harder rates and crypto itself is still groggy and recovering after a near knock out round in 2022; time is still required to adjust.  The more obvious time to sell would be when hype is apparent and the temptation then is not to sell even when you can easily register positives then taking profits is almost sensible where as now its just a personal choice to cut or not.
  That was my general take tbh, for BTC too even with a 5 figure bill I decided against now being a fair time to offload BTC really.


I did get the 5k size price from an email spin, which is super lucky as its just the once a day.  It was lotto tickets not sats but they are all weighed the same I think so much luck and I have got hundred size a few times not often enough to celebrate :p and I got like 9900 on the free roll a couple times which is lucky I consider it fortunate in luck terms its a rare outcome, if not actually a big pay.  Also a few GT earlier this year etc.
  If you cant be happy when you find a four leaf clover you are being way too serious about life

Theres a good sequence of higher lows and till the last month or so higher highs.  However we've been held back in a fairly clear way, its not possible to know for certain if its due to break upwards or weakness will appear.   We have pulled back some and then recovered higher, I would guess we are positive and able to continue to do so however the whole year I did not think will register as an outstanding bullish year.

This is quite stagnant in summary though we moved, the resolution was sideways which was my view for 2023 not negative but alot of work to be done in working through volume from prior years it cannot be forgotten only revised.

Im interested in buying one of these and I have a family member who runs many linux installations at home and as part of their job, machines like Pi or similar (they've used it prior to filter spam email, adverts etc.) and would like to host and experiment with the machine just as a hobby, without even the crypto element I know they would be interested and Im interested of course in staking.
   I'm helping them fixing walls, repointing and rendering at present, so many projects and time to discuss the virtual building also

50$  daily is still a fair amount, theres the possibility you could invest just 100$   every month into a variety of funds and that would be quite sensible.  Because of pension funds and the millions who contribute to those there is a whole range of options and fund choices you could take, an entire industry to investigate.   Crypto I tried to explore with a pension provider I use but they refused on the grounds of paperwork vs regulation etc. its outside the allowed regime in that particular instance but its not always the case so you may be able to put small amounts from commodities to bonds to stocks in a safe way.
  Guaranteed returns I dont like as much, you want a certain amount and it will tend to cost more to acquire that certainty.  Traditional investment requires that you risk to invest with some faith and insight into that sector and likely performance, to demand returns is not cheap afaik.