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1721  Economy / Economics / Re: Crypto is doing well in Thailand...or is it? on: May 27, 2022, 09:46:30 AM
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They only want to regulate transactions to protect investors from losing money.
No, the government can't protect the investors from losing money via crypto trading. The government wants to protect the investors from being scammed. Losing money is part of crypto trading. Nobody can make profits without someone else losing money, it's a zero sum game.
Anyway, I'm skeptical about the current crypto regulation in Thailand. This crypto regulation seems to be what they call "too little, too late".
Nobody could keep the investors from staying in Thailand. They could move their money at a country, where there are better crypto regulations and the crypto exchanges are offering better services.
I'm not a fan of centralized crypto exchanges and I think that the crypto world has moved into the wrong direction. We need to go back to the basics- hardware wallets an decentralized exchanges.
This is mainly true, you shouldn't lose money and government should be there to protect you from scammers, not from dropping prices. If you are sending your money to someone you do not know in crypto, then consider that as a gone money and not the reality.

We need to really make sure that we shouldn't really do something that would be beneficial for it. All in all I need to make sure that things are looking great and it is not a big problem for us by keeping it hidden and not tell anyone that you have coins, even if you are rich, just make sure that nobody could ask you any money or suggest you investments because you should tell them you have none.
1722  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIBA INU - The Next gem in Altcoin industry on: May 27, 2022, 08:09:50 AM
started from shiba inu and became popular coin meme until a lot of people build meme projects with no clear goals with ending dumps or other problems they run away gradually which has happened several times. I hope all the events with coin memes make us able to be more researched and smarter in choosing projects
Basically it is a money printing machine for the people who are creating memecoins and nothing more. Shiba, floki, even doge all are things that people make money from by creating in, not investing into it. Babydoge. I mean does anyone really believe that the creator of babydoge did it because they wanted to create a good coin? Of course not, it is just a fake thing where if shown enough hype, the price would go up and the creator would dump and they would make money.

Shiba is nothing but just a hype and it will not change anything at all, it will be exactly like this without much change. I hope that we will figure out a way to get rid of all of these.
1723  Economy / Trading Discussion / Re: Did you live through the last bear market ? If so, what did you learn ? on: May 27, 2022, 06:16:45 AM
We need to be patient, when people see that the market is going down and they are losing money their natural reaction is to try to do something to offset those losses, so they overtrade and instead they lose more money, the right decision is to simply hold your coins or do nothing and just wait until the conditions of the market improve, this may seem to be counterintuitive to some but in fact the markets can take advantage of your reactions so sometimes it is necessary to take a step back and think before we do anything and we risk our capital again.
I do agree that patience is a very important thing in crypto but it is definitely 100% more important when it is going down. People act as if it will never recover, and that is the reason why we are having so much hard time going back up again. It is such a simple task, if you see it go down, you buy.

Because it will always recover in the long run. I am not in a rush, but I am very sad that there will be plenty of people who miss out on buying at 30k and they will regret it later on. There are tons of people out there in the world who keep saying "I wish I bought bitcoin years ago" and not realize that years later when they say years ago, they would mean today.
1724  Economy / Trading Discussion / Re: Crypto signals without service fees on: May 27, 2022, 05:22:23 AM
As well as trading signal groups, there must be weaknesses, I mean not all signals will move the same as the market at that time.

The success of an analytical trader lies in his Taking Profit and his stop loss. If we are late or do not take profit then all will be in vain. Most signals appear where the market is not volatile which makes it accurate, but if we fail to monitor it at the same time the market starts to fluctuate then we will most likely experience losses. Moreover, if it is a free signal, I would suggest doing the analysis yourself without the help of a signal group in trading. Where we can improvise and have skills in the market.

Don't expect too much if we use the signal we will continue or profit like the group owner's trading because when the market moves not according to the signal, can we hold the minus like them before the market reverses and give us positive position/profit?

Don't let your mental and emotional feelings be played by the market and trading signal groups!
The sad thing is, even if trading itself is not done with emotions, like when you are buying or selling you do not use your emotions, the financial side of the deal could still impact your emotions and that is very important to avoid as well. Sure when you are trading, you could leave your emotions aside, and be like a robot, and trade, and maybe you make a profit or maybe you won't.

But at the same time, the world we live in got so expensive that I could tell you that it makes my regular day very sad, there are bad things going on in the world, all around us, and finance is a big part of it as well. How could we feel better in a situation like this? Hence emotions do play part in our self, and avoiding that is a must, both on and off trading.
1725  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin investments have become risky this day. on: May 26, 2022, 02:19:43 PM
Confidence in large coins, especially Bitcoin, is still present despite this bearish market, in addition to the fact that the collapse of Luna has nothing to do with the bearish market, but is the result of another different accident, despite all these problems, we must not lose confidence in this promising market, there are always opportunities to profit even With this sharp bearish market, but you must trade with experience and caution, the best in these times is to invest in currencies that have proven their presence in the market despite all the difficult crises, the first of which is Bitcoin, of course.
Why wouldn't it be? I mean bitcoin is such a strong thing is that I do not think that anyone would ever doubt about it, I understand that the market could be down right now but the future is still bright. People need to understand that this is something temporary and we all know this, the price could be low right now with bitcoin, ethereum, bnb and all of that but at the end day it will be super high.

So, all these low prices are still something that we gain an advantage over and that is how we are going to make a profit, by getting in early before anyone else while the price is still low and waiting until it goes back up again.
1726  Economy / Economics / Re: Get, Save & Invest. on: May 26, 2022, 11:53:43 AM
You need to be very much frank regarding the Get Money thing, people often think that they will get money easily.
Whereas the real fact is that you need to work hard in order to get the money.
If here saving part has been spoken off, then I would like to elaborate on this matter.
The money you are getting every month, split it in 50:30:20 ratio, 50% is for all the basic needs, 30% is for the luxurious life style and the rest 20% on investments.
You can interchange the 30:20 things according to your need.
And yes if possible invest now on Bitcoins, as now is the best time to dive into the market.
I agree that "get money" part is the most difficult part because not all people could have a job that pays them amazingly well. I have a decent job for example, of course I am not living in yacths and skyscrapers or anything like that, I have a decent condo with 2 bedrooms and one car, and I do not have much debt, maybe I will have some this summer due to vacation, but that's about it and not that common.

These days everyone have debts and many people are underpaid as well, considering how inflation ruined everyone's finances, we are having so much trouble just surviving, let alone do anything else. So, it is not really that easy to get money.
1727  Bitcoin / Bitcoin Discussion / Re: What approach do you expect from the Government if your Country adopt bitcoin? on: May 26, 2022, 11:23:38 AM
So I am not gonna way in on personally my country, but I would say that what makes adoption have more of a chance to succeede is how few interventions it has to have on it's economy before it. What I am going at is that if a country has a lot of economic distress, social priblems and huge wealth gaps (poor countrys in general / developing countrys) will likely fail with the adoption because it will not cure the underlying issues. The better the economy of a country, themore chance it has of making it happen.
We are also talking about multiple sizes when we are talking about these nations. So for example, El Salvador may not have a huge income and investment chance, hence why it may look like "failed", which is something that bitcoin haters wants you to think, they invested only like a year ago, maybe not even that long ago, what happened to "long term investment"? Maybe they will benefit from this immensely in 10 years? Who knows?

This is why we should be considering this not as a failure yet. However, even if we do, my nation could make this much purchase per month, and that shows you how different nations could approach differently and could have different results.
1728  Economy / Speculation / Re: Best time for me to buy on: May 26, 2022, 10:46:11 AM
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It is right time to buy as the bottom staggers around $28 - $30k. Some have predicted that the price could fall even lower than the current Market. So, one can prefer buying as a long term investment. Right now everyone used to accumulate, fearing the future and the ongoing market situation. In particular accumulation of altcoins were taking place, because soon market trend could move towards.
Exactly, it will be favourable for anyone that will take a step to buy bitcoin because the price has dropped down to $28,000 few hours ago which will be better for long term investors to use huge amount of money to invest on bitcoin now. I don't think, the price will fall lower than $28,000 before the end of this month because the price is preparing to increase higher for those that invested on bitcoin to have something good to achieve from their investment. I believe the price will definitely hit back to $50,000 before next month for people to believe that the price will reach $100,000 before the end of this year 2022.
The price ups and downs will happen for a while longer. We are going to have ETH under 2k, and BTC under 30k a few more times, and then above those lines a few more times as well and it will keep happening that way for unknown period of time. When we are doing much better, that will be time when we are doing a lot better.

I personally would prefer it if we could end up with 40k+ and 3k+ respectively, but unfortunately that is not on the books just yet. It will eventually happen, we are going to have that much better results, but it will not be quickly and right away, it will be much later on and we need to be patient to see that eventually.
1729  Economy / Speculation / Re: Will Bitcoin's price stabilize someday? on: May 26, 2022, 07:20:10 AM
There is something that we need to stabilize something, and that is the ability to inflow or outflow from the supply. BTC doesn't have this option because it has a fixed supply. If BTC can keep investors in, then the obvious way it will go is up. The fluctuation we saw is normal because everybody will book their ROI profits. That's how business works but in the long run, BTC will climb only upwards because its supply from the circulation will be reduced fast.
The fact that there is an inflation in the fiat world is the main reason why bitcoin will always keep going up. Even if the purchasing of the bitcoins power stays the same, the price of bitcoin will go on in the long run.

Like if 1 bitcoin could buy you X item and it is 30k dollars, then in 10 years bitcoin could be 250k dollars and still buy that X item, whereas someone who has 30k dollars and just put it interest in a bank account then they will not have 250k in 10 years, not even hedge funds would give that probably. Hence inflation would mean that even if the price of bitcoin is still the same purchasing power, it will be going up in fiat.
1730  Economy / Speculation / Re: Bitcoin Breaks Bullish Trend Line? on: May 26, 2022, 05:52:22 AM
I think those are levels that are going to be difficult to be reached even during this bear market, we will need another Luna crashing all the way to zero for such a scenario to happen, and while we could imagine different scenarios in which something like this would be possible the chances that we see back to back crashes like that seem to be on the low side to me, still it is important to remain vigilant and keep our eyes open in the case the price of bitcoin drops once again as we may have the opportunity to buy bitcoin for a price even cheaper than the current one.
This is crypto world and I wouldn't be shocked if we end up with something like that, those things happen all the time and we could have another crash or another bad news that makes it go down. Do I expect it to happen? Of course not, I am expecting it to go back up, and that is probably what we are going to have and that is the thing that we should be focusing on, how we could go back up.

Just because there is a possibility that it could go down some more if something major happens doesn't change that unless something unexpected happens we would be going up again. So, just focus on the fact that we could profit very soon and make your moves accordingly.
1731  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: May 25, 2022, 09:06:30 PM
Of course, Manchester United disappointed their fans by having a very poor season. But they still somehow managed to finish the season in the sixth place. They could have finished the season in the middle of the standings too. But this still doesn't change the fact that they were just horrible. Their main problem was related to their defense obviously. I wonder what actions they will be taking to solve this problem on a large scale. They can start by bringing a more credible defender instead of Maguire. And it would be better if they sign a solid defensive midfielder too.
The expectation was that since they got Ronaldo and sacked Ole, they would have a turn of the season like Barcelona did. Which we all know that it wouldn't happen, Ronaldo came in early on as well and not mid season, but Ole sacking happened and nothing really changed. They could have been 4th in the season and that would have bee expected, I understand being behind city and lfc obviously, and if Chelsea became third that would be understandable as well.

So, what people expected was 2 positions higher, or at least not unreasonable losses, that was the problem. In any case, United should be a lot better next year with some transfers and a better manager.
1732  Economy / Gambling / Re: Gambling Brand Name Vs Site Functionality? Or Both? on: May 25, 2022, 03:55:34 PM
It is both important and business gambling owners know that they can't just focus on one as it will not be balance and they need to balance both to run a successful gambling site although if they are new I don't think they  can expand immediately their brand name so it is important that they should have at least function and focus later on in brand name.
The difference is that if you are running a casino greatly, then you could have a bad brand name, and a problematic site functionality and you would still be doing great for sure. There is really nothing that you could get away from it because who wouldn't want a casino with an owner that is 7/24 active and helps you and fixes everything?

If I found a website that had an owner and staff like that, even if it had some problems then I would be fine. This was done actually, primedice was a website with not a great name, and had functionality problems when it first got created but Stunna made sure that everyone was happy and look how big they are right now.
1733  Economy / Speculation / Re: Bitcoin fall below $30k on: May 25, 2022, 08:14:02 AM
That is a different attitude mate , like us who take this opportunity to Buy more and add in our holdings , yet there are others who are very afraid of the dump and selling their funds in losses.
so you are good because you have the guts to keep holding and buying but we are the one who helps the market stay strong even in this darkest days.
maybe lets keep this up and never be affected of the manipulations that happening nowadays .
That's how normal crypto cycle works because not everyone cannot take to hold and be on positive mindset for seeing the market moves in bad manner. Even if bitcoin show strong recovery after the dump still this is not enough assurance to weak handed person because not everyone believe that there's a recovery that will happen and they mostly believe on fud which commonly spread once there's a dumping state happen in the market.
I understand that there are times when bitcoin could be lower than expected and that is bad for some people and we should be ready for those because of the market cycles. However, I also understand people who see their investments go down a lot and get scared because of it as well.

I get that we shouldn't be scared and we should be even excited for it because it would allow us to make a profit if we buy it cheap. But not everyone can think like that, this is the part where we talk about leaving emotions out, but it is not that simple and it causes a bit of a trouble as well. I do not know how to fix that, but I understand them and find it logical to get scared even though it is the wrong move.
1734  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: May 25, 2022, 01:34:19 AM
The other teams have not objected so far mainly Redbull and Ferrari which are the leaders as they don't see a threat from Mercedes yet.If Mercedes goes on with the changes which are at the edge of being legal at best and starts winning races you will immediately see objections from Ferrari and Redbull.So far both of them are winning races and are not concerned much with what Mercedes is doing but once Mercedes starts getting in the way because of such upgrades,I am sure we will see at least some objections.
Unless Mercedes has last years Brazil type of change where they are good enough to come from 20th to be the first, then we are not going to see anything challenging from them. It's clear that they "may" win a race or two, and I believe that George will have a win before Hamilton, but it's still not enough to get them to top spot.

Red Bull is soooo far off everyone else that Mercedes would have to have multiple 1-2 finishes to catch them and I am not seeing that at all. Hopefully it will be a season where Ferrari and Red Bull fights, and Red Bull will win but Charles would try to do what Max did last year and win the drivers even though the team loses.
1735  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: May 24, 2022, 12:41:14 AM
The players of Barcelona also did not give full effort to win. However, the Barcelona team has carried out more attacks than Villarreal. Even the ball position was 70% of Barcelona. The funny thing is that Villarreal has only 4 shots and managed to score 2 goals. Villarreal took advantage of Barcelona's weak defense.
Honestly, it was half Barcelona not playing great, half the league not being that important anymore. They finished second, and Barcelona-Madrid combo finished 1-2 plenty of times before, even though Barcelona had some problems at the start of the season, the end result is something expected from any year and wasn't a shock, they need to thank Xavi for this.

The only downside could be that just because he had a good comeback and got them finish second, they could wait a lot from him next year, and may even spend some money. In that situation they shouldn't really lose hope if they do badly for a while, it will get better in the long run.
1736  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where do you see gaming tokens in 5 years from now? on: May 23, 2022, 05:53:18 PM
This is a pretty interesting field to be discussed by the gaming tokens need to build a sustain tokenomic that will not triggering the hyper inflation to happen. The problem is there will always be grinders and farmers will be trying to dilutting the total supply of tokens and then they are dumping their tokens to the market easily after generated bunch of tokens from farming or grinding in the game. This is the main concern that must be solved but im sure in 5 years this field has a promising future
so we must becarefull and aware with tokenomic , utility and total supply. alot projecthave high inflation and keep minting coins meanwhile it have no ustility at all. low inflation will recognized as good project as long as they could drive demand in ecosystem to their games. it have future since alot youth have dream to be top gamer player. Axs and also pyr could be example on how they hardly dump due hacking case.
The sad thing is, these days scammers are building much better tokens than the people who are trying to build something decent. This is why I believe that we shouldn't really focus on anything that is dangerous at all by checking the tokenomics of it, we should look at the team.

If a team is too involved then it will have a big risk, and it shouldn't be like that. Teams should be doing something that is a bit more decentralized, like build it and leave and it should stand. If it is all depending on the team working on it, then it wouldn't really be a successful business at all. There is nothing that could be centralized and still be good.
1737  Economy / Speculation / Re: Don’t rush to buy Bitcoin on: May 22, 2022, 07:04:31 PM
I have a really good friend of mine who bought a ton of Bitcoin and some alt coins right before this crash. He has a lot of anxiety about it because he hasn't seen this kind of thing before. As someone who's been heavily into crypto for years, I keep telling him not to worry because I have seen so many corrections over the years but he keeps looking at his wallet.
I probably give him the same advice weekly: BTC is a long hold, just wait it out. I tell him, I don't even look at my wallet anymore. It’s a revolutionary technology, you have to understand that corrections are a natural part of crypto and its growth potential is still huge.
So in short, he was new? Because, these kind of events are new to him but why did he invest a ton? No wonder why he is worrying now but newbie or not everyone must only invest what they can afford to lose. You're a good guy because you are trying to comfort your friend and encourage him to stay positive. If only without your help maybe there something bad that happened to your friend already. Keep checking your wallet doesn't help the price to recover or rise but it will only make you more tense.

We don't need to worry about btc because btc is not a scam coin and btc works best if you hodl it for longer terms. He is a newbie but he can always do a research and check the price history of btc for him to gain confidence.
There are ton of newbies who see bitcoin as a thing that will not go up too much, and that usually results with something that will go up super high because most of the newbies want to get in, invest, get super rich as quickly as possible, and then get out as quickly as possible.

This doesn't happen of course, they end up with something that will crash because the richer you want and the quicker you want it, the bigger risk you are taking and that will eventually end up with something risky as well. I personally would invest into bitcoin because I know that it will take a while before it could make some profit for me but it will make that profit one way or another.
1738  Other / Archival / Re: Why has bitcoin adoption failed in El Salvador? on: May 22, 2022, 06:18:22 PM
Do you all think El Salvador President Nayib Bukele have taken this decision without prior analysing the risks of the market. Just eight months passed and it is the major crash bitcoin is experiencing during this time period. Give them it's time. Some have stated of providing proper education to the citizens, so to use it in an effective according to the market.

People see their president doesn't have proper experience, which is true. However the initiative taken by him is a bold one and surely gives best result. If the price have bounced high, now even without any form of education people could've started learning it. So, even now the people can educate themselves and support the combined progress of the nation through the adoption.
I agree, he knew the risks he was taking when he used everyone's money to invest into bitcoin. What you need to understand is that this isn't his money to do whatever he wishes, I know that most presidents all around the world (including mine) end up spending treasury like it's their personal wealth, but the reality is that El Salvador will benefit from this and not him, he is not doing it for personal benefit only.

When the time comes for the next elections, if this method haven't provided any benefit at all, it will not be good for him and he will lose elections, so the only scary thing would be someone else winning and selling all the bitcoins before he should.
1739  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread -- 2021/22 Winners: Eintracht Frankfurt! on: May 21, 2022, 08:05:55 PM
I would not say that the fact that Frankfurt won this competition is so much a miracle or a fairy tale.
First of all, it is a reputable German club that has already achieved great success in the past, such as winning the UEFA Cup.
It's a club with a very long tradition, which was founded in 1899, and which was also the champion of Germany and always good in the German league.
This season they were very good in this competition and before the finals they knocked out much stronger teams than Rangers, such as Barcelona and West Ham, and they deservedly won this competition.
They won this competition thanks to the quality they showed and not because of luck.
Let’s not forget that last year’s winner of this competition, Villareal, this season knocked Juve and Bayern out of the Champions League and played the semi-finals with Liverpool and I don’t think they are better team than Frankfurt  Grin
Just because they have a good history doesn't mean that it is not a miracle for them to win, they managed to beat Barcelona, if we are going to talk about the past then Barcelona has been the team with the best past against any team in all of europa.

However, it was a miracle because they were also not a good team in bundesliga neither, they ended up with 11th in the league, can you imagine any other nations 11th to win this cup? I know that people think that they have been great at Europa and that is understandable, yes they were great, but at the same time the fact that they were great in this tournament shows that it was an unexpected result since they were not great anywhere else for a long time.
1740  Bitcoin / Bitcoin Discussion / Re: Kwik Trip To Install 800 New Bitcoin ATM on: May 21, 2022, 03:54:09 PM
Is this will be installed only in Texas?  that is a huge amount of ATM to be installed in single state lol.

But this is one of the best news we are having now because of the opportunity of people using bitcoin here and there .

Hope this will bring best result soon.
I do not know if it will be just Texas, but I know that if you are going to pick just one state to install 800 Bitcoin ATM's, then it is going to be definitely Texas, I would pick maybe NY, California and Florida as alternatives, because those are huge as well but Texas is definitely just way too huge. Have you checked how big it is?

It is actually bigger in land mass than most nations of the world, and California would have been 5th biggest economy of the world if it was a nation. So, I would say that putting all of it in just one state wouldn't be a bad idea if we are talking about the USA, they are a huge nation in land they cover.
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