The global price tickers for bitcoin are imperfect because they depend on the data sent by exchanges and only by a handful of the biggest exchanges. Also, big exchanges react automatically through bots. You cannot expect an exchange in Japan to react to a big selloff in Europe that happens in 3 am of Japanese time, yet exchanges react pretty fast when you look at the tickers.
The imperfection of this system could be seen in 2014 when Chinese exchanges were faking volume and falsifying data they were sending out. It can be seen during flash crashes when there's not enough liquidity.


The invisible hand is a metaphor for how, in a free market economy, self-interested individuals operate through a system of mutual interdependence.
https://www.investopedia.com/terms/i/invisiblehand.asp

The project was a scam in the first place, a ticking bomb. Those who attacked it saw its weakness and exploited it to make some money, but by exposing it they potentially stopped many people from investing in this shitcoin.
You could say that exploiting a weakness in the coin is a bad thing, but they also showed what the plan of the Tera team was and what kind of people they were. They used trust that people had in Bitcoin to pump their own shitcoin. They not only lied about the amount of money they were planning to buy bitcoin with and really bought much less than they were bragging about, but also lied that this will make their stable coin backed by bitcoin.

In the real world their bitcoin was just lying there on a privately owned account and they were hoping that the purchase would not only pump Luna and increase trust in UST, but also pump BTC and make their holdings worth more. They were ready to dump BTC on the market and they did just that, only at a loss because the players got outplayed this time.

I don't see a reason for any EU country to adopt bitcoin. They are all too scared to do it because this could potentially be seen as a weakness, an attempt to find other means of making money, a risky investment made by a country that desperately needs to make money. They will allow it to go on, but they won't officially adopt it.

Central banks see it only in black and white. Black - they adopt it and it and it fails costing them money and proving they were naive thinking it could help in any way. White - it becomes popular and undermines their fiat currency, weakening it and allowing people to use something the banks cannot control and make out of thin air. Both options suck for them.

This is a good point. If we assume that it's true and market becomes more mature with more inflows every time but lower volatility, why do you also think that over 80% drops will continue? These two assumptions contradict each other.
Also, the more mature the market the better for people who DCA because the spread is going to be smaller and so will the risk.

So, according to you, was the May and June 2021 a bear market? We had a low of 45k on May 12, 42k May 15, 30k May 18, 28k Jun 20 = gradual lower lows.

I don't agree with you, it's really hard to identify a bull or a bear market in cryptocurrencies. Most people identify it long after the fact.

If we are at these 80% bear market crash predictions, what are your thoughts about bull market highs? I agree that we had these ~80% pullbacks in 2014 and 2018, but those bull markets were also much different with over 1000% gains. This time, for the first time in history, the bull market (at least that's what people call it) ended with the smallest gains ever of around 350%, which is barely a third of what the previous bull markets were able to deliver.
I feel like we should compare highs and lows of the cycle instead of focusing on one side of the story.

Here's my subjective opinion after reading this drama thread:

OP got into some bumps along the way while he was working for wwzsocki. At first managed to produce a few original articles, but then it was much easier to mix it all up and get paid for a collage of ideas from other articles. He got caught and thought the cooperation could be coming to an end, so when he got paid more than he should, he took the opportunity and decided to bail. He removed all the conversations and left the telegram group, but was contacted and threatened on bitcointalk, so his last line of defense was to start a scam accusation first. He thought that if he later gets hit with negative trust, he will always be able to claim that it was in retaliation.
I've met more than enough snakes in my life to know how they operate

Last but not least, did you really considered this guy a good writer? That last text is full of basic mistakes. You can see it was written by a mediocre non-native writer. I'm saying this as someone who uses English as a second language. If you want it done well, find a native speaker.

I also don't follow golf much, but I know who he is and that is one of the best players ever. This doesn't say much about someone who had a long break though.
I follow sports like boxing, MMA and football and it often happens that a player comes out of retirement because they get offered a ton of money and just cannot refuse, but these matches are a hit or miss when it comes to betting. We don't really know what shape Woods is going to be. 

Say you actually DCA for some time, but don't want to do it in a bear market. How do you know where the bear market starts and where it ends? Take the last 12 months. The price went to 60k and down to 30k. Was that a bear market, a place where you should stop DCA? Actually no, although we were down 50%. Then we went up again and down to 40k. Was that the beginning of a bear market? Many traders argue that it was, but we were still higher than the lows of 2021, where buying was actually the right thing to do.

My opinion is that it's so hard to predict whether it's a bear or bull market with bitcoin that it's better to either DCA or wait for 50% drops to start buying and then either hold as long as you can or start slowly selling when you're up 50% and keep going the same exact way that you'd accumulate with the DCA method, just the other way round, selling 10% of your holdings every month until it crashes again.

If you're -70% right now it means you held some really shitty altcoins. All that Bitcoin did was close to -60% so you are complaining in the wrong section, OP. There's an altcoin section where you'll find people in a much worse situation, especially those who held Luna.

If you really held when you were -50%, there's no point in selling now at -70%. Were you even at profit because to be at -70 you'd have to buy at the peak of 2021? If what you're saying is true then you bought the top and then held all the way down, despite being at a 20, 30, 40% loss. That's really unfortunate, but If I were you I'd think about the probability of going down vs going up from here. We kept falling for the last 7 months, it can't go on forever.

It doesn't matter if you invest a small amount like 1% of your money. You won't need that 1% anytime soon and if bitcoin succeeds it could become a significant part of your investment portfolio. It's funny when you think about it but if you invest 1% of your money in Bitcoin for the next 10 years, chances are that if you count inflation and bitcoin's deflation, the rest of your money will shrink in value so much that 10% will become more than 50.
After some time you'll find out that you can buy more with that 10% invested in bitcoin than with all the rest that you kept in the bank. On the other side, what's the risk? Worst case scenario bitcoin goes down another 30% and you'll lose 3.3% of your total investment portfolio.

That guy who sold Bitcoin at $0.3 and shared it on tweeter thought to be making the right move too.
You don't need the forum to find tweets like that, there's plenty in the Internet, including Reddit and Twitter.



If the analysts are right bitcoin is still at the point where the Internet was in the 90s, so there's plenty of room to go up.

Why do you need it to be 100k?
100 is just a round number. Bear in mind that 1 dollar from 2017 is not the same as 1 dollar from 2022. T2e inflation is so high that you've lost at least 15% of your money if you held USD for the last 5 years. If you bought Bitcoin in peak of 2017, which wasn't the best time to buy , you've gained 50% at today's price.
Whatever you do, in the 5 year time frame you will be successful holding bitcoin, even if you manage buy and sell at the same price because you'll defeat inflation.

Why are you worried about 30K? It's not going to be the end game price that we'll never go above. We all know how volatile bitcoin is. You see 30k today, next month it can be 40k and then 30k again and then 50k and back to 40. If you don't like today's price come back in a month and then a month later. One day you'll see it at the level that you'll be able to accept.

Here's how I do it.

How to know when the market is high?
Usually when price pumps 2x it should be a sign of caution. I'm a holder but I sometimes sell some coins to buy myself a treat and give myself a pat on the back for holding for so long.
I sell a bit every time we hit a significant number on our way up, and/or we multiply the market price by 2.
In the last bear market I held at 5-10k and sold a bit when we touched 20k, then again sold a bit at 30, 40, 50 and 60k. That was maybe 1-2% of my coins each time.

When to buy?
Usually a good place to start gearing up is a 50% correction. At this point I usually start buying, and if I can't afford it I at least don't sell anything and go into a hodl mode.
I bought some coins at 30k last year and and this year at the lows of 32k and 29k. If we fall lower I still have a bit of fiat for one more batch, maybe at 24-25k If we still keep falling down I'll go into a hodl mode. I have enough fiat to keep me going until 2025 halving. 

You're saying that Vargas with 35-0 doesn't have the same or even stronger champion mentality?
Vargas is more experienced, has height advantage and better reach. I think that it's too early to bet on this fight, but once people start coming in you'll see that they are going to be pretty even or betting on Vargas simply by seeing his stats.

That's why I said that if you come out with a campaign and a forum thread you're exposing yourself to a possible backlash if you decide to scam people. Just look at the trust of 1xbit manager and participants. Nobody in their right mind will advertise this casino.

Sure this is an easy way out to only play at casinos that are old and have established reputation, but these casinos also were new one day and someone gave them a chance, right? We have to be open to new possibilities and support new businesses because the more competition there is in the space the better for us.

Not really.
Just one of many articles that explain it.
Former Ukrainian President Viktor Yushchenko’s decision to confer the title of Hero of Ukraine on nationalist leader Stepan Bandera on Jan. 22 has unleashed a storm of outrage inside and outside Ukraine. Critics accuse Yushchenko of whitewashing a Nazi-era fascist and betraying the ideals of the Orange Revolution that brought him to power.
https://www.atlanticcouncil.org/blogs/new-atlanticist/stepan-bandera-hero-of-ukraine/

These people are considered heroes by a minority of Ukrainians. You can't blame the nation for what some people are doing. I'm pretty sure there's a minority that considers Stalin the best leader of Russia, just as there are groups of people who support genocide in Ukraine and tell their families to rape and plunder

Do you have any proof of this? I've seen that mentioned a few times by some youtubers and there were people who looked for any proof in the blockchain and could find none. Since the sanctions were imposed there wasn't any change in volume coming from Russia. The only pump that we've seen in the recent month was the one coming from Luna.

Bitcoin isn't trading at 30k because of the Russians. If you're looking for explanations, open a chart for Nasdaq for the last 3 months and compare it with bitcoin.

What is the real value? It's really hard to say, but I don't agree with people who say that the price we see on centralized exchanges is the value. In fact it has very little to do with real value and a great example of that is the crash in 2020, where 1 day it was trading for around 8k USD and 2 days later it was 4k, so what was the real value back then? 4k? 8k? A week after the crash iut was 7k again, so maybe 7 was the real value?
Exchanges suffer from lack of liquidity and they can't be used to measure value. All they can do is show price, but even that should be taken with a grain of salt, which is why we have moving averages.

I feel like the game is constructed in such way that you see it as a round wheel where there's similar chance to get any of the visible results. It makes you believe that if there are 16 sections you have 1/16 chance of getting one of them, but in the background there's a code running that has assigned rolls to each field. It's still a game of dice, just that you're not rolling 1 or 0, but for instance 1-10000 and everything between 1 and 9990 gives you a worthless shitcoin and the last 10 are real rewards. That's why you're constantly getting a shitcoin because even after 10k rolls you don't have to get a reward, just like in normal dice you can keep rolling 6 times in a row and never get a 6.
I don't think it's a complete scam, but it definitely takes advantage of the way people understand it. It's not a physical wheel of fortune where you really have 1/16 chance of getting something. It's a wheel where 99% of it is covered in sections where you win nothing and there's a hairline where it has to stop for you to get anything else.

If you're asking where to invest it means you have some money lying around. In such case, just buy bitcoin. It's already down more than half from its ATH and fundamentals are as strong as ever.
Most obvious options are BTC, ETH, gold if you're expecting prolonged recession. A small apartment for rent is also a good option even though prices are high. If we continue to fall into depression people won't have money to buy houses, many will decide to rent and wait it out, which is why demand for small inexpensive places to live will remain high.

How can you have a reputable name if you're just starting your business?

OP said that many casinos here don't have a good brand name. What does it mean? They aren't trusted? The name of the casino is generic? You have to start somewhere, you can't have reputation right away and I believe most casinos here are reputable, especially those that run signature campaigns for a while.

You can see that a casino is doing well and has money if they can afford to advertise. At the same time a casino that scams will not be allowed to advertise here without serious backlash like negative trust.

Functionality is more important, but I don't see any problems with currently available casino brands