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1741  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: September 16, 2023, 08:54:50 PM
September usually is never a good month for bitcoin, I don't really care about today's value, let's see how we end the year: if in the next months will reach $35-40k for me it would be a great result, and anyway let's not forget that the most interesting part will come in 2024 and 2025, this is just a transaction year.
It is still in the middle of September, not sure whether the market still goes without a significant move. But so far, I agree that September isn't a good time for Bitcoin and altcoins as a whole. Almost all crypto coins are difficult to increase during this month, it is probably because we have some bad news lately. The issue related to the intervention and accusations of SEC to some crypto platforms, make investors to feel a bit worried. If this news never ends, it is difficult for BTC to rise above $30k again.

I also expect the price of Bitcoin can be around $35k-$40k in the next 3 months. We are actually not very far from BTC halving, but the price still looks hard to increase. I sometimes think that it is because many whales still want to buy more.

1742  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: September 13, 2023, 11:58:34 PM
Saving money on gambling sites is not a good idea, even for well-known sites, I don't think it is advisable to save money there.
-snip-
We can’t say it blindly,if the gambling site is good by investigation.We no need to worry about holding the money in the gambling sites.If the gambling site you are using is huge trusted among the gamblers over the years,you can hold the money with the doubt.
I think @ndutndut doesn't say claim it blindly.
Whatever the reason, it is always not advisable keeping money in the gambling account. It is not only about the security or popularity of the gambling site. When we have money in gambling site, we probably use all the money for gambling. Sometimes, it is not easy to control emotion, we can think to chase winnings. In this situation, we easily gambling more and more because we have saving money in gambling account. But if we have no saving money in gambling account, we can be easier to stop gambling whenever we are difficult to control emotion.

So, even if the gambling site is very secure and highly trusted, it can't guarantee our money safe. It is because of our habit in gambling, there is always the time when we are out of control in emotion.

1743  Economy / Gambling discussion / Re: Australia will ban Gambling through credit cards on: September 13, 2023, 11:50:23 PM
Australia is looking to ban credit card usage in online gambling. The reason they give is that Australia loses 25 billion dollars only in gambling in a year. That is a big amount indeed.
The reason why they ban it is interesting.  Grin
I think Australian government is smart enough to know what the gambling is. $25bn is surely a big amount, but it is people's money, not the money of the government. As long as the people are okay with the losses, I think Australian government doesn't need to ban it immediately. People spend money on gambling isn't only for gaining money, some people do it for entertainment. Spending money for entertainment, I think it is not a problem. Moreover, we know that gambling isn't a place for expecting income. If Australian government expects for profits through gambling, it means they don't understand what gambling is.

Is this bill means that Australia is going to ban online gambling because if people can't use a credit card or crypto, how will they do online gambling?
If they ban credit card for gambling, it will impact on online gambling, too. However, we don't if online gambling will restrict Australian people or not.

1744  Economy / Speculation / Re: The future of Bitcoin: Bullish or Bearish on: September 13, 2023, 11:37:19 PM
The future of bitcoin is both Bullish and Bearish, not one of the options.
You're right. Bullish and bearish seasons will repeat constantly.
So, we're not just going to a bull season, we will experience another bearish season again in the future.

We do not want long bearish seasons, we want longer Bullish season.
Unfortunately, both bearish and bullish season have approximately the same duration of the season. As far as I know, each season will take around 2 years. That's why people call it as 4 years cycle. We have 2 years of bearish and 2 years of bullish.

Do you think it is possible for a longer bullish season?  Grin

1745  Local / Bahasa Indonesia (Indonesian) / Re: Berani mengambil resiko apakah salah satu tindakan menuju sukses on: September 13, 2023, 11:23:21 PM
Saya rasa pasti banyak orang yang berada di forum ini berinvestasi di btc, namun tentunya berinvestasi di btc tidak terlepas dari yang namanya resiko, dan kadang dalam berinvestasi di btc apalagi dengan modal yang besar yang tentunya resikonya juga sangat tinggi dan saya pikir kalau punya tujuan kita harus mengambil tindakan dan jangan takut dengan resiko
Pastinya kebanyakan yang gabung forum ini dengan alasan investasi atau trading BTC. Forum ini kan spesifik untuk media komunikasi terkait crypto, khususnya Bitcoin.

Investasi crypto itu investasi beresiko tinggi. Mau investsai di Bitcoin ataupun altcoins, dua-duanya high risk investment. Hanya saja altcoins resikonya lebih besar karena volatilitas lebih tinggi dan banyak altcoins yang fundamentalnya tidak jelas. Apalagi altcoins baru, meme coins, atau shitcoins. Golongan koin-koin ini adalah koin dengan resiko paling tinggi.

Yang namanya ingin berinvestasi crypto, harus berani dengan resikonya. Jika tidak mau berurusan dengan resikonya, mending tidak usah investasi crypto. Bukan cuman ilmu yang harus mumpuni, mental juga wajib kuat jika ingin investasi Bitcoin ataupun altcoins. Kalau masih takut dengan resiko, berarti mentalnya belum cocok untuk investasi crypto.

apakah keberanian mengambil resiko adalah tindakan yang bagus dalam investasi di btc dan juga bisnis lainnya?  Saya ingin mendengarnya dari anda?.....tapi menurut saya berani mengambil resiko berinvestasi di btc adalah hal yang bagus selama kita menggunakan uang menganggur.
Bukan hanya bagus, tapi memang harus. Kita yang memutuskan berinvestasi Bitcoin atau altcoin, artinya kita siap menerima resiko apapun ke depannya. Mengambil resiko itu tidak masalah asalkan ada perhitungan yang jelas, tidak hanya sekedar berani saja. Gunakan analisa, pake riset, dan terapkan pendekatan tertentu dalam menentukan langkah terkait resiko investasinya. Sederhananya, aplikasikan manjement resiko yang sesuai.

Mengenai modal, yang penting bukan uang pinjaman atau uang untuk kebutuhan pokok. Pakailah uang lebihan, uang yang tidak mempengaruhi finansial kita meskipun harus diinvestasikan dalam jangka waktu yang lama.

1746  Local / Bahasa Indonesia (Indonesian) / Re: Apakah ada perbedaan sesudah naik ranking on: September 13, 2023, 11:01:31 PM
Menurut saya dalam hal ini tergantung dari orang nya
Ya, mungkin ada yang naik ranking tapi pengetahuannya begitu begitu saja dan ada yang tidak.
Tidak mungkin wawasan seseorang akan sama karena selama proses naik ranknya pasti melewati banyak proses pembelajaran. Tanpa kita sadari, sebenarnya wawasan kita terus bertambah seiring makin seringnya kita ikut berdiskusi di forum. Wawasan baru bisa kita dapat dari post orang lain, bisa juga dari riset kita sendiri. Kadang saya sendiri butuh riset dulu untuk merespon topik atau post dari orang lain.

masa naik ranking wawasan begitu begitu saja tidak ada perubahan kan jadi malu juga, tapi menurut saya dalam hal ini kita harus menikmati berdiskusi di forum ini dengan santai dan jangan tegang.
Ukuran wawasan seseorang itu kadang subjektif. Jadi kita tidak bisa menyimpulkan seseorang wawasannya tidak berkembang walaupun naik peringkat. Kadang dari segi penulisannya tidak banyak perubahan, tapi dari segi konten atau isi postnya banyak kemajuan. Ada juga yang postnya semakin banyak hal faktual yang disertai referensi. Yang lebih keren lagi, kadang ada yang lebih banyak membahas hal yang bersifat teknis. Jadi perkembangan itu bisa dilihat dari banyak sudut pandang, jangan mudah menyimpulkan hanya dari satu sudut pandang.

Karena kita juga tidak akan tahu kadang ada kalanya orang yang belum naik ranking pun wawasannya lebih bagus dari orang yang sudah rankingnya tinggi.
Ukuran wawasan seseorang tidak semata-mata dilihat dari rank saja. Ada orang yang wawasannya luas padahal masih low rank. Itu mungkin karena jarang aktif berdiskusi di forum. Ada orang yang lebih suka diskusi di luar forum, seperti di sosmed. Ada yang sibuk dengan tradingnya atau kerjaan realnya, jadinya tidak punya banyak waktu mengurus akunnya di forum.

1747  Economy / Trading Discussion / Re: How to make a life by Day Trading on: September 12, 2023, 11:59:17 PM
Most of the day traders lose.
How do you know most day traders got loses?
I've no idea about the stats of loses or wins of day traders. I think there is no valid source that can describe/explain it. It is impossible to know the number of active day traders. However, if day traders are more aware about the importance of knowledge and emotion control, I think they will have bigger chance to succeed.

Ideally, there should be bigger number of success traders because we have varied sources for learning. When day traders are educated and mature enough, they won't easily get losses.

Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do.
And that's why many day traders are also prioritizing just to have more in their portfolios.
I think if a day trader got more losses than success in trading, he probably stops it. If he continues to have more portfolios, it means he is quite success in trading.

1748  Other / Beginners & Help / Re: The Importance of inviting Newbies to Bitcointalk on: September 12, 2023, 11:54:11 PM
Many times, I think that not having more newbies here on Bitcoin will actually make the community less active.
So, why do I think it's essential to welcome more newbies to Bitcointalk? The presence of newcomers injects vitality into the community. They bring fresh ideas, add value, and help spread the word about Bitcoin. New members can also play a pivotal role in inviting others and creating engaging discussions.
Do you think a smaller number of newbies will be a serious problem?
I don't think so. This forum never targets to have certain number of members. Even we have no newbies, the activities still last as usual, no serious impact on the forum activities. Each member can bring fresh ideas, it doesn't only come from newbies. Even old members can be more effectively to spread Bitcoin information because they have established knowledge. It is different when newbies spread the Bitcoin information, they can mislead it because of lack of knowledge. Regarding the discussion, most the members involved in discussions constantly are old members. New members sometimes rarely join discussion due to varied reasons.

1749  Economy / Gambling discussion / Re: Learning from those who have experience on: September 12, 2023, 11:42:06 PM
For many years of experience, the was only one time when I had regrets when I gambled amounts that I considered right now as bigger than I could afford to lose although during that time the amounts were tolerable since I was very liquid.
It is lucky that you only regret 1 time and you can take a lesson from it. There are gamblers who regret many times but they never take the lessons from the mistakes. I think you can easily take the lesson because you aren't an addict. It will be difficult when you are an addict, you have an intention to gamble in a better way but you can't.

I know that even educated people can still be addicted to gambling. It is very hard to control our emotions so the best way to plan before starting to play or bet. Make a limit on our bets and the amount should not hurt us if we are to lose. Also, it is necessary to make time limits for our gambling activities. Set an alarm if possible so we can stop at the right time. The is a lot of stuff to do rather than gamble all day long.
Sure, even people who have good knowledge and experienced enough, still get difficulty to control emotion. It is because the emotion is related to our desires to chase winnings. That's why we need to limit time and funds, it is functioned to stop our unlimited desires in gambling. If we have no limitations in gambling, we probably end up with an excessive gambling.

1750  Economy / Gambling discussion / Re: Do star players affect the odds of a match bet? on: September 12, 2023, 11:29:02 PM
It would be so strange if the star player did not have an impact on the odds. This player will be really helpful for the club. Let's take a look at how mbappe was helping PSG to win the game and that proves that if star player can even change the situation drastically.
I remember when ronaldo was also saving al nassr from losing against its opponent.
It is not strange, there was a case when star players didn't make a big influence (especially for the result of the game). For example PSG stats in UCL, they already failed many times winning it although they have Messi, Neymar, Mbappe, Ramos, Hakimi, Verratti, Marquinhos, and Gianluigi Donnarumma. These many star players can't help much PSG to achieve UCL trophy. Ronaldo also failed many times to help Al Nassr getting full points in SPL matches. That's one of the reasons why AL Nassr failed to win SPL title last season. So, not every time that the star players can contribute much for the team.

Anything in the football is still remain unpredictable but star player would be valued a lot caused they have dozens of exp in the football. The club's odds can be greatly affected by having someone like Messi, Ronaldo, or Mbappe make a significant contribution.
Yes, the football match basically is unpredictable. The star players (like Ronaldo, Messi, and Mbappe) is just one of the factors to determine the final result of the match. They can't guarantee the final result of the match.

1751  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 12, 2023, 11:13:13 PM
when I see BLT recipients they don't use it according to their needs, most of them actually use it for consumptive needs, and this clearly doesn't help much to reduce the suffering resulting from the economic crisis. I think that the government and society are not in sync in conveying their intentions, but currently society seems to be forced to be friendly with the increase in basic prices in particular, until now the concern is the increase in the price of rice which is our staple food, hopefully we will all always be given health so that we can work to fulfill our daily needs, because the long dry season has made many people sick at this time
We can't blame the BLT recipients, the use it for consumptive needs probably because of certain reasons. I'm very sure that the government is aware about the potential misused of the BLT. But the government doesn't think too much about it, they keep applying that instant solution because they don't want to be busy thinking more effective solutions. Actually, the best solution is to provide decent jobs for the society. However, it must take more efforts and time, the government doesn't want to be complicated in providing the solution.

At the end of the day, we must find the solution ourselves. If we are aware about the potential crisis of foods, we must prepare the solution since today. Not only by finding more decent jobs for ourselves, we also need to try to fulfill our own foods by making simple agricultural fields (if it is possible).

It is difficult for small communities to reject the Government's decision to increase fuel costs, even though it is stated that there are wrong targets, deviations including gratification (corruption) must be sanctioned, and the Government must be responsible, not the people who are victims.
We have no choice, the government will never consider our rejection. The government probably has certain plans to increase the fuel costs. They won't take the responsibility, they will assume it is the responsibility of the society.

1752  Economy / Speculation / Re: Why is bitcoin moving now? on: September 11, 2023, 11:59:01 PM
You've been on this forum since 2016 my brother - but why aren't you more optimistic about bitcoin compared to me who knew him in 2020?
There's a lot of good news on bitcoin fundamentals right now including spot bitcoin ETFs - but I can't expect a market reaction of this magnitude yet as some are still waiting for the best times.

FUD just makes weak hands weaker – while strong hands stack. Look around you - there is a lot of advice about collecting that this may be the best time rather than waiting too long.
I'm not pessimistic, I just think realistically.
I'm experiencing the situation in 2020. It was the pandemic crisis, but the bullrun still happens as expected in 2021. However, the situation is not the same as in 2020-2021 anymore. The current issues are quite different, we can't compare it with the previous periods.

I'm sure whoever the investors, they must think twice when the issue comes from ETF case or SEC intervention. Personally, I think it is more serious case than economic status.

Well, finally it is about how strong we are holding our BTC asset. You're right, the FUDs shouldn't be a problem if we trust on the future of Bitcoin. The Bitcoin halving is getting closer, the best time for buying/collecting may be over soon. When the FUDs disappear, I guess the price will increase constantly toward the new ATH.


1753  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: September 11, 2023, 11:51:35 PM
After the Covid-19 outbreak, the economic crisis has increased in my country, namely Indonesia, until now economic inflation cannot be avoided, where the price of food needs has increased so sharply that it has had a huge impact on the lower middle class, even though the government has made recovery efforts.  through community welfare assistance programs, namely BLT and other social assistance, but this seems to be in vain because food needs are increasing while monthly income or wages do not support it at all because they do not increase, perhaps this is the main cause of inflation, for example food prices  such as eggs increasing from 45 thousand to 55-58 thousand per kilogram, not to mention rice from 18 thousand to 22-25 thousand per kilogram, and many other types of food also increased,
I also live in Indonesia, I know we are in the economic crisis since the pandemic happening. Yes, our government already made some efforts, but I don't think they made effective solutions. BLT is the example of a useless effort, it is just an instant money given by the government. Since the number of money is rather small, it sometimes only last few days. Even in certain cases, some people who got the BLT program spend all the money in a day. I think it is much better if the government provide the jobs for the people. When the people get regular jobs, they can get the money themselves. They can get the foods with their own efforts.

1754  Economy / Gambling discussion / Re: Do star players affect the odds of a match bet? on: September 11, 2023, 11:26:09 PM
it certainly affects the trend of the game but it will not affect the outcome of a match. it remains to be determined how the final outcome agreement determines a winner from the gamblers. If there are stars mentioned in gambling, it will make this site even more popular, which is why several platforms always bring stars who have lots of fans.
Indeed. When there are star players on the match, people will be more interested to watch and bet on the match. The trend or popularity of the match becomes increasing easily, that's because the star players have many big fans around the world. So, it makes sense if the potential money to earn bigger when betting on the match played by the star players.

Yes, the result of the match can't guarantee by the star players. There are many cases that the team of star players got defeated by smaller teams. Especially in a football match, it is a team game. The team which can play more solidly probably win the match. The star player isn't the main reason for a team to win the match.

1755  Economy / Gambling discussion / Re: Learning from those who have experience on: September 11, 2023, 11:12:41 PM
You will not get addicted if you know how to handle things yourself and just having an idea what these addicts will do will be sufficient enough for you to stay in the safe zone. Gambling might be hard to ignore but this is just a challenge that we need to endure if we are really inclined to gamble and we need to face it so that we cannot be one of those list who need help but chose not to because they don't know how deep they are already.
Sure. If we always gamble in the right way and never gamble excessively, we can avoid the addiction. We need to be discipline and has he some limitations, so we can handle everything properly. I suggest that we have certain rules for ourselves in gambling, we need to obey the rules for healthy gambling. For example, we limit the time to gamble in each day, may be around 2 hours as the maximum time. Then, we need to allocate the maximum funds to use daily. And we must to remind ourselves to never take a loan for gambling. If we obey these rules, I think we can avoid addiction.


*We limit the time and funds allocation daily, but doesn't mean we must gamble everyday. There should be time for no gambling time. On weekend, it will be better to gather with family and lovely friends.  Wink


1756  Bitcoin / Bitcoin Discussion / Re: presuring someone into Bitcoin investment on: September 10, 2023, 11:59:10 PM
It is a big mistake to tell someone that if they invest, they will definitely make a profit. Every investment carries risk. An investment cannot guarantee a hundred percent profit. We should always explain the risks to the investor first. We must say that the amount he invests should be at an amount that will not leave him in a difficult situation if he loses his investment.

Therefore, as you said, we should not make mistakes by making empty promises to investors. Some people can listen to the words of others and act without questioning. That's why we have to be careful not to say empty words.
Yep. There is no definite profits. Whatever the investment is, no guarantee for profits. Moreover, when we invest in Bitcoin, it is categorized as a high risk investment. Since Bitcoin is a high risk investment, everyone must understand that there are bigger risks in Bitcoin. That's why some people say that investing in Bitcoin is almost the same as 'speculating'.

When we talk about profits, it is actually not an empty promise. It is actually very possible, the chance is real. But it will be a mistake if we guarantee the profits. People probably will misunderstand Bitcoin investment, they will assume Bitcoin is a safe asset. In reality, the high volatility in Bitcoin makes it risky, and the price move is mostly unpredictable, too.

1757  Economy / Gambling discussion / Re: Learning from those who have experience on: September 10, 2023, 11:56:09 PM
It is easy to recover from addiction if you have self-control, but if you do not have that, you will not be addicted to gambling, or even if you have control over everything, you won't get addicted. When recovering from addiction, you should have consistency because there are others who tried to minimize their hours of playing for a few days, but after that, they are back to spending too many hours on gambling that they shouldn't, as they are already committed to stopping their addiction by limiting the hours. Also, quitting instantly won't help because you will really find a way to get back. It is better to make it slowly before you quit, as it is less painful and more effective.
Self-control isn't something easy to have. If you are not an experienced gambler, it is hard to control the emotion when experiencing losses. This emotion leads to more and more attempts in gambling, then we become more often in gambling. Finally, this habits makes us to be addiction. That's because the chance to recover the losses is small, so we always try to expects big wins someday. This expectation makes us to spend bigger funds, when the funds is over we decide to take loan money.

In addition, good self-control will be easy to have if a gambler know well what the gambling is. Unfortunately, many gamblers don't understand what attitude should be in gambling. Chasing wins, expect rich instantly, or wants get stable income from gambling, these the indicators that a gambler doesn't understand well what gambling is.

1758  Other / Beginners & Help / Re: What is right about Bitcoin? on: September 10, 2023, 11:42:29 PM
I would either call Bitcoin "digital cash" (my personal favorite) or "digital money".
Nothing wrong if you like it, calling Bitcoin as digital cash/currency/money is okay. As long as you don't call as real cash/currency, people won't complain.  Grin

I don't like any term that uses the word "currency" because that is a fiat construct.
Why you don't like other terms? I think both currency and money are related to fiats as well. It is the usual term we used for fiats. But I think it is no problem to use for Bitcoin, too. Bitcoin is a digital currency that people use for online transactions. The function is almost the same as fiats, so it is okay if people assume Bitcoin as a currency, too.


1759  Economy / Trading Discussion / Re: Trading not for everyone! on: September 10, 2023, 11:28:54 PM
Trading without knowledge will end up like gambling but yes, there are only two possible results either win or lose. But in the situation that we have no trading experience, knowledge, or skill, bigger chances that we will lose.
Of course, when we trade with no proper knowledge and lack of skills, probably will end up with loses. Trading requires good knowledge and skills, it is the basic thing needed. Without them, trading will be almost the same as gambling because nothing to rise the chance for the success. Gambling with a random way probably has no clear goal, we seems like only trading by relying on the luck only. If we rely on the luck, there is nothing different with gambling.

That is why if we want to become successful, we also have to spend more time learning to trade and work hard for it or else, help ourselves to accept that trading is not for us as it is impossible it works if we don't. We must know that the only way to earn a profit from trading is to enhance our capabilities as well which I see many traders feel it just easy.
Indeed. There will be no success if we don't want to spend time for learning. Success in trading can't be achieved instantly, it needs time and process. Be an experienced trader first if we want to expect for success.  Wink

1760  Economy / Gambling discussion / Re: Behaviours of gamblers you dislike. on: September 10, 2023, 11:16:27 PM
I'm a serene gambler with carefully constructed techniques; I don't have time for anything that will distract me from my primary desired outcomes.
Normally, each gambler must focus on the game, they won't have time to bother other gamblers. Make something annoying won't only bother the focus on other gamblers, it also will ruin the focus of someone who does the annoying attitude. So, it is actually not the right way to increase the chance to win because it also brings the bad impact to the offender, too.

Making someone annoyed or upset during a live game is entirely inappropriate and is unprofessional.
Agree. It is absolutely an unprofessional attitude, shouldn't be done by any good gambler. I'm sure if someone still does unprofessional attitude, he is still an average gambler. A professional gambler knows well how to gambler properly. Bothering others isn't the right way in gambling, it never makes someone to improve the gambling ability.

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