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1761  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: August 06, 2022, 08:31:01 PM
Wether you are newbie or old investors, new projects which has a promising feature and has good and straight intention. And not those who promises what they can not deliver any project which is worth my investment, I invest even if it's just a day old project.
We can't rely to the description anymore about being promising.

There's so much money wasted on that way of depicting the projects and as you've said, it wasn't just the newbies that relied on it but also old investors.

But the hard thing on that, projects that are new, you'll never know if they really are promising based on their output since they're on the beginning stage.
Every project will definitely promise what investors want because of its market strategy to attract many investors so that when we will enter into a new project then everything is like a bet because all the percentages are 50:50 we can get losses and we can also get big profits, because of our thinking. only about profit regardless of the product of the ongoing project.
We're all for the profit.

It is the reality in investing and not just in these projects but in every project that we see outside cryptocurrencies as well. But for the newbies, you don't lie on those promises that project developers say.

You need to be resourceful and make every detail of their projects as part of your analysis because you'll never know if some little information slip on your observation which could have a big impact for the result of your decision.
1762  Bitcoin / Bitcoin Discussion / Re: Portuguese Banks Stop the use of Cryptos (Bitcoin) on: August 06, 2022, 07:40:39 PM
It's better to have another source for easier understanding on this news.

Based on Coindesk: Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts

The main reason is all about the worry of money laundering or any other criminal acts. And this is not all about people stopping trading or using cryptocurrencies but the same thing happen somewhere in Asia IIRC that a bank, closes the account of an exchange.

It's just the bank closes the bank account of the crypto exchanges that had an account of them.

It is a decision of several banks that no longer want to do business with crypto exchanges and that is their legitimate right. I am surprised that someone discovered this just now, because it has been happening since the beginning of this year (maybe even earlier) and has nothing to do with any decisions of the Portuguese government and their regulatory agencies. Doesn't anyone remember all those banks in various parts of the world that did the same thing?

Crypto exchanges will simply find other banks where they will open their accounts, and given that Portugal is in the EU and the Eurozone, nothing important will change for their clients.
I've remembered it somehow in Asia that or in near part of it that a bank closed an exchange account, maybe that's in India.

Yeah, it's their right to close those account if it's from the exchanges as they just want to secure their business as well and can't be sure that the money deposited on them is from money laundering.
1763  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: August 06, 2022, 12:10:45 PM
No mate. Nonito Donaire is still quick and fast even at his age but it's just that Naoya Inoue is just quicker and too much for him. Believe me, Donaire can still KO and defeat other boxers in the bantamweight division. Inoue is just on another level and he is a monster in that division.

But we can't hide the fact that it might be too late to regain his position on bantamweight where his plan is to make some winnings first on a much lower level division. Even if he will be successful in the lower division, he might enter the bantamweight division obviously at a much older age.

And for let's say he managed to defeat those other bantamweights once he stepped up at that old age, I'm not sure if he can still repeat the achievement he done before fighting Inoue which is the oldest fighter to achieve a world title.

Maybe just making money as he feels he can still fight. Not a wrong move though before hanging his gloves.
I agree that he's still the Nonito that we've used to watch but with his fight with Inoue, it is the reality that Inoue is better than him in many aspects which includes the speed.

Where can we read his future plans?

Many agrees that it's time for him to retire and let the younger generation and aspiring ones to excel with his help as a trainor.
1764  Economy / Trading Discussion / Re: A season for stop loss on: August 06, 2022, 10:28:17 AM
It is.

Most traders know how to stop loss and the newbies aren't the ones that uses it because they're confident about what they do. But take it to the professional traders.

They know that the market is unpredictable and that's why they set it around a few percentage of losses and they'll set the stop loss so that they still have that much to switch into other trades.

the use of stop loss will set how much loss will be cut when it reaches a predetermined limit. but some beginners still don't use it so it will be fatal for trading. spot trading may still look safe if you don't use stop losses, but if futures trades don't use stop losses it will allow for faster liquidation.
It's because they think that it's easy.

As they trade, they think that they're good with those few wins that they take and that's why confidence will make them lose a lot of money.

And for the futures, honestly, I am seeing more traders losing money there, newbies and even those that are old timers.
1765  Economy / Trading Discussion / Re: Good idea how to make profit on: August 06, 2022, 09:01:47 AM
I think paying people to give us information is a wrong opinion, I think if we want to earn, we have to work hard ourselves, don't depend on other people, because if we depend on other people we won't be able to do anything in the future day. so in my opinion if we want to produce hard study then we will find what we want, and surely from the results of our own hard work it will produce something good.
There's no difference from those groups that are doing pump and dump of shitcoins.

And why are you targeting the rich? They're already rich enough and that's why they're getting richer. That amount you've said is already a lot and no fool will do that.

1766  Bitcoin / Bitcoin Discussion / Re: Portuguese Banks Stop the use of Cryptos (Bitcoin) on: August 05, 2022, 11:56:08 PM
It's better to have another source for easier understanding on this news.

Based on Coindesk: Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts

The main reason is all about the worry of money laundering or any other criminal acts. And this is not all about people stopping trading or using cryptocurrencies but the same thing happen somewhere in Asia IIRC that a bank, closes the account of an exchange.

It's just the bank closes the bank account of the crypto exchanges that had an account of them.

1767  Economy / Trading Discussion / Re: A season for stop loss on: August 05, 2022, 11:00:06 PM
Stop loss is good strategy that a trader uses to decrease their failure and select certain value when the price of market become in dip so there will no harm to his money so in this case he will decrease his money loss. You should all use it because the market price is not stable any time there become decrease in price so you will not have any trouble about losing in trading.
It is.

Most traders know how to stop loss and the newbies aren't the ones that uses it because they're confident about what they do. But take it to the professional traders.

They know that the market is unpredictable and that's why they set it around a few percentage of losses and they'll set the stop loss so that they still have that much to switch into other trades.
1768  Alternate cryptocurrencies / Altcoin Discussion / Re: Should newbies Invest in new Projects on: August 05, 2022, 10:25:57 PM
Wether you are newbie or old investors, new projects which has a promising feature and has good and straight intention. And not those who promises what they can not deliver any project which is worth my investment, I invest even if it's just a day old project.
We can't rely to the description anymore about being promising.

There's so much money wasted on that way of depicting the projects and as you've said, it wasn't just the newbies that relied on it but also old investors.

But the hard thing on that, projects that are new, you'll never know if they really are promising based on their output since they're on the beginning stage.
1769  Economy / Gambling discussion / Re: Man Collapses after Allegedly Losing a $400 Loan at a Betting Shop on: August 05, 2022, 03:48:09 PM
We have been telling that to many gamblers, and the old ones know this rule already that do not gamble with the amount that you can't afford to lose.

This guy did it just wrongly.

That money that he took as a loan has something to be used for and then he did spent it to something that it shouldn't be.

If only he managed to play that loan money on strategy-based or skill-based gambling games, things might not become much worst.
There's a tiny chance but it's always not that good to use the loaned money for gambling purposes.
1770  Alternate cryptocurrencies / Altcoin Discussion / Re: Millions are still been raised in this bear market on: August 05, 2022, 12:52:59 PM
Bear market is here but new NFT/Metaverse projects are raising millions of funds,
What are those projects that have raised millions despite that there's a little confidence these days for the NFT projects?

I think this is not bad news for the future of crypto and the next bull market might even be bigger than what we've seen before, what do you think? Are you excited for the future of crypto.
If this is for real, it's not really a bad news as these projects have been gathering millions despite that the interest is little today. The next bull run will surely be bigger than the last time and that's why we're all waiting for it.

But, not yet the time to see it. Maybe we need to wait for a year or two.
1771  Economy / Trading Discussion / Re: Btc not moving but we need every day some moves where the moves? on: August 04, 2022, 11:59:22 PM
You need pump as you say?

Go to the exchanges and trade and you'll have no control with pumps and dumps unless you're a whale and you're integrated with the other whales too.

I know that you know that the market is volatile and you can't force it to go according to what you like. It's not just going to happen even how hard you want and how hard you tell for it to pump.
He might be get used to into those low caps or shit coins who do make out some huge pumps or jumps into its price since we do know that these are the things that could really have those kind of behavior.

If you do find out that btc movement is boring or something that doesnt excite you then go ahead with low caps and try to play with its price movement but dont regret nor cry if you do find yourself get caught

with the dump and plummeting price considering that not all or almost of those coins turns out to be dead for a particular span of time and thats why majority doesnt really touch up these things.
There are traders that are impatient and that's why they're losing. Asking them with some actual experiences with gains and losses, they'll tell more about their losses and so do I.

If there's an urge to say that he wants to earn quickly and want to do it as soon as possible. He should do it on his own to see on how good he is as a trader.

Because the real traders won't have that attitude as they can adapt on any season of the market.
1772  Economy / Gambling discussion / Re: 2022 WNBA Discussion and Betting on: August 04, 2022, 10:59:20 PM
Brittney Griner has been judged into a 9-year prison in Russia.

WNBA star Brittney Griner sentenced to nine years in prison by Russian court

She said that what she did was an "honest mistake". The administration of Biden said and quoted on the article that they are still going to work for her release but is that even possible and will be allowed by the Russia government?

With the tension they've got right now, I don't think it will happen.

It has been said that there will be prisoner exchange, the Russian Arms dealer Viktor Bout.
In exchange for Griner and Whelan. Russia is also requesting another former colonel from the country's domestic spy agency.

https://edition.cnn.com/2022/07/29/politics/griner-whelan-russia-murderer-request/index.html

If both sides will agree fast with this exchange, Griner can go home soon.
But sometimes, it is the officials that are in charge here will lengthen the possibility of this situation happening.
If Biden gets a touch of it and really pursuing the exchange so that Griner will be released, he can expedite all of these transactions and have it as soon as possible.

Well, we shall the demand for each other and for sure there will like balling from both sides. But if the agreement won't go further and they're like demanding each other and they're not meeting at the middle, that's why I think it will not happen.
1773  Economy / Gambling discussion / Re: 2022 WNBA Discussion and Betting on: August 04, 2022, 10:27:23 PM
Brittney Griner has been judged into a 9-year prison in Russia.

WNBA star Brittney Griner sentenced to nine years in prison by Russian court

She said that what she did was an "honest mistake". The administration of Biden said and quoted on the article that they are still going to work for her release but is that even possible and will be allowed by the Russia government?

With the tension they've got right now, I don't think it will happen.
1774  Economy / Speculation / Re: Are we at the bottom? no one knows, but market is doing fine. on: August 04, 2022, 06:37:56 PM
Do you see any good signal that we might get out of this mess? Bottom or not until these fundamental problems are solved I just can't see a bull market coming.
I don't have a clue.

But with the hope that everything is gonna be fine is what I've got. All of these things that are currently happening, I'm thinking that they shall pass anytime soon.

With those events that I think that won't impact that much for bitcoin since its volatility will have its effect whether we have those global issues or none.

Yeah, the market is fine as it was up from the likely of bottom that we've seen around $17k.
1775  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is Solana still a thing? on: August 04, 2022, 05:31:20 PM
It's probably too late to realize those words that you've said. When it has first got an outage, I guess everyone just thought that it's fairly okay and not that much to be worried of.

But with the most recent things that has happened. It has started to give doubt to those that are bag holders of it. And if they're firm holding this coin, that won't matter to them and will still believe on it.

I guess what makes them stick on it because of what it has built just like the few portions of success that ETH has got like in the NFT market.
1776  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana is being attacked right now. The attack is on going. Beware! on: August 03, 2022, 11:48:56 PM
I think this isn't the first time they've received an attack. IIRC, it was a few months ago but it wasn't broadcasted a lot due to some reasons and they were able to contain it.

Those that own solana will now think of their decisino if it's still worth to hold it for long. I have no issues of holding it as they're one of the most successful projects in the market.

But with such news, it will change the game.
1777  Bitcoin / Bitcoin Discussion / Re: What will happen to BTC if China attack on Taiwan? on: August 03, 2022, 08:58:16 PM
I think impact won't that be much.

I'm thinking about not just the war but as well as the start of the pandemic for which brought no impact to bitcoin but instead, the opposite positive it has brought.

I don't wish these to go further, the events such as pandemics, war and any other global issue. But IMO, sometimes btc is going along with the other traditional markets based on sentiments.
1778  Economy / Gambling discussion / Re: Is It For The Money Or For The Sport Or A Clear Exploitations on: August 03, 2022, 08:21:38 PM
That's part of their way to entertain and make money.

Whatever is going to be offered with huge pot, they'll take as long as they know what to do and it's not really a new thing. We've seen this type of entertainment very effective on the other internet sensations.

And why not the others shouldn't try it for their own sake and fame?

Will the bookies have this on the list if they're that not popular? I guess not but if they are popular, bookies will have it listed even it's an exhibition match.
1779  Economy / Trading Discussion / Re: Btc not moving but we need every day some moves where the moves? on: August 03, 2022, 07:50:32 PM
You need pump as you say?

Go to the exchanges and trade and you'll have no control with pumps and dumps unless you're a whale and you're integrated with the other whales too.

I know that you know that the market is volatile and you can't force it to go according to what you like. It's not just going to happen even how hard you want and how hard you tell for it to pump.
1780  Economy / Gambling discussion / Re: Gambling and Fengshui on: August 03, 2022, 07:18:26 PM
I certainly agree. No matter how deep your faith is, and how knowledgable you are when it comes to mathematical thoery and algorithms, if you are not lucky in betting, your strategies will not work.
Well, someone who has faith and belief just rely on it for the sake of luck.

What you've said is true that it's all about the algorithm and math and statistics that will actually show when you gamble.

Anyone, even those who are not skilled or educated can get rich instantly if they're destined to be lucky.
That's true but this is only for gambling, you'll never know if you're the lucky person and you have to try it for the results to come out.
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