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1861  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How will Coinmarketcap look in 2025? on: May 06, 2022, 03:45:34 PM
What is clear is that 2025 is still a long time away and we never know what will happen from year to year.
Bitcoin looks like it will still rank first on Coinmarketcap,
better just follow the progress from time to time
I never thought that Bitcoin should rank down from the first to the lower, except that only the price could decrease in the market, so there is no need to think about downgrading Bitcoin because it is a very difficult thing to happen, especially if every altcoin is also often declines when Bitcoin starts crashing in the market.
I do agree that bitcoin doesn't look to be losing that first place that easily. I cannot guarantee that it will stay at the top, nobody can guarantee such a thing but it is quite difficult for it to go down as well.

It would have to be something major not just the coin that passes it needs to be something major and going through something huge, but at the same time bitcoin should be going down for a reason, it needs to be having some troubles. Thinking about it, if ETH 2.0 comes along, and we move there, and at the same time Bitcoin gets a very bad news, then maybe ETH could pass but even that would be very tough to do, let alone any other coin that is barely in top 10 these days.
1862  Bitcoin / Bitcoin Discussion / Re: Bitcoin Saved Me. on: May 05, 2022, 09:26:35 PM
Every user knew well about the OP's explanation about his experience with cryptocurrency trading and investment. Don't take me wrong, OP has tried to motivate people who doesn't believe in the cryptomarket. What OP have done too is a kind of misleading. So, his briefing about bitcoin saving his life is full of controversial incidents. If it has saved him then good, if not take this an experience. In one way or the other life has to move on.
I think something might have triggered him to write this short story about how Bitcoin had helped him. His writing about how Bitcoin really saved his life is somehow controversial. No tangible facts about how he doubled his losses by investing in Bitcoin.
Well, this is a faceless forum and anybody can choose to write whatsoever comes to there mind to the public. We own him nothing, if op decided to open more on how he was able to doubled and makes profits that can be ×3 of his total loses. I think this is amazing.
I can't speak on his behalf and I do not know OP and maybe he is lying or maybe he is telling the truth. But I can tell you that Bitcoin did changed my life and I did more than double my investment in bitcoin. Which is why I love it so much, it allowed me to go from poverty and bottom life to a life of "ease".

I am in no means a rich person, I still have to pay so much and I am barely surviving these days because of some personal things, but at the end of the day I have some money saved aside and if I ever wanted to use that, I would be able to just simply sell them and I would pay everything and have a great few more months on top of it. I just don't because I am looking to live years, even a decade with that money eventually.
1863  Economy / Speculation / Re: Why Bitcoin price is falling? on: May 05, 2022, 08:43:42 PM
I have been thinking of the possible reasons of the bitcoin falling down. Since I am not an expert on the Currency I cannot predict or give any reason. That is why I want to know the reasons. Please if anyone can tell me I will appreciate. Thanks.
may I ask what is the reason of this question? at least if you are looking for chance to buy and hold or at least to trade?

Because if you are just asking this for curiosity  then this will be a thread to spam because there are tons of speculative answers that you'll receive here .
He already states his reason and that is he is not an expert but when it comes to prediction I think no one is right or wrong so you don't need to become an expert just to predict the price of the coins and even the so called experts or self proclaimed experts, they themselves do also fails or gives unrealistic prediction about the price of btc.

Other than not being an expert I think he also wants to invest in cryptos but first, he wants to know the opinion of others about the price before he decides to buy. No one gets curious for no important reason and if they aren't interested to btc then they will not bother asking these kinds of questions.
1864  Economy / Trading Discussion / Re: Traders paradise on: May 05, 2022, 07:27:08 PM
High leverage is the killer of most traders profits and capital as if the trade goes in the opposite direction you liquidation happens faster but with low leverage you will have a longer liquidation and possible gains as the time run out.

Loses indeed is part of the learning stage and I know why pro traders only share the profit story is because their have paid the sacrifice long ago and don't usually have loses at the current time so they may not have that experience anymore.
They (the pro traders) do experience the losses too. The difference with someone who is a pro trader is the fact that they have become well experienced in the market and they know the right time to trade  and when to stay out.

But, most of the newbies don’t know that; they do not know that there are times you should avoid trading in the market, and they don’t know how to follow the news or the sources to look for it, and they have no idea about technical analysis. All these things are crucial for the success of a day trader.
1865  Other / Beginners & Help / Re: Mistake I made till now investing on crypto projects. on: May 05, 2022, 06:21:01 PM
Nowadays, it has become difficult to earn money from airdrop and the reward is not big so people will not be patient enough to wait.
Nowadays, newbies are eager to make a profit they not only invest with the amount of daily spending they are even willing to borrow to invest in the hope of a quick return. But life is not like a dream, most of them are at a loss, in debt piled up.
I think that's is because the competition is now big and many people now know cryptos and all wants to get free money from the airdrops. This is also the reason why the rewards were halved. It is normal for rewards to get delayed because projects are still undergoing on some phases like sale, listing, and others.

If you are not patient enough to wait then this is not for you. It is totally wrong to use money that is intended for daily use because what if you lose that? you and your family are going to be hungry. It's also wrong to borrow and to invest because there is no assurance that we can accumulate a profit in a short amount of time to pay for our loans.
1866  Alternate cryptocurrencies / Speculation (Altcoins) / Re: SHIBA INU - The Next gem in Altcoin industry on: May 05, 2022, 03:58:04 PM
What makes you think to equate Dogecoin with Shiba Inu? even though the two are very different in age and Dogecoin will still be able to live with a modest value even though there will be no influencers who want to support it (apart from Elon Musk).
I've even found that there are so many differences between Dogecoin and Shiba Inu in every way that it's not worth it to be equated, let alone equated in terms of price growth.
Dogecoin being overhyped right now and overvalued is a basic knowledge that we all know. However, I agree that it is not a thing that will be long gone for a long time, it is obvious that we are talking about something that has been here for many many years and I doubt that it would be gone anytime soon neither.

We need to realize the fact that crypto has been a great thing for a long time and doge was a part of its history, for a long time, since 2013 I believe. So, Shiba is something created out of Elons hype, and half of it given away to do marketing and nothing else, it is a fake coin that has fake creators who wanted to get rich, nothing more. I dislike doge but respect it, I do not even respect shiba.
1867  Economy / Trading Discussion / Re: A single trading tool is not enough on: May 05, 2022, 03:25:11 PM
There are some traders that don't have a lot of tools or indicators while analyzing the chart because it will just make your chart look messy, which I agree with.
But there are some traders who are a fan of it as long as every indicator you are using got used and is not redundant with others.
If non-chart related, other tools like the platform that tracks volume, or inflows to exchange our outflows, like some on-chain analysis or some funding rates trackers for some exchanges. I believe they are useful too as long as you know how to use them.
Honestly the problem is not that they are making some sort of garbage soup together with all the indicators and all that, I am talking about people who put everything in there and making a situation that is a mess but may work. The real problem is that people who have no idea how to use these indicators end up using it, and creating a mess because of that, that's the problem.

If you know what you are doing then you could build something that will be a big mix of everything, but at least you know what you are looking at but if you do not know what you are looking at then it shouldn't really be mattering to you at all, makes no sense to me.
1868  Economy / Gambling / Re: Blackjack.fun | 0.28% House edge | Live tables | Baccarat |Slots| InstantWithraw on: May 05, 2022, 01:04:37 PM
Maybe You tried to browse exactly when the updates are happening. Now it should be usual. Or try to hard refresh Ctrl+Shift+R , hope the problem will be solved.

Btw the update what live today is : Now the hourly biggest win contest prize increased to 10mBTC and will be divided to 10 users. So easy to grab if you are just active in blackjack.fun
Yeah, This probably what happened, I already manage to play a couple of hours after I write my post. The new reward is very good but I guess no one can beat RW here to get that reward.  Grin Anyway it will Blackjack.fun to get more whales to play in the Casino since that amount is very high for just an hour of highest wager contest. Where can we see if Blackjack.fun is doing a maintenance?

EDIT: I didn't notice that hourly reward is distributed to top 10. So cool!
I am sure that whales will get a hold of this news soon and make it very difficult to reach that level. I remember back in the day when I wagered somewhere a bit new, not like blackjack.fun because this place is not new anymore and reputed already, and they had this wagering competition and a reward of 0.2 bitcoin at the time, what happened with it?

The whales started to come and the biggest wagering turned from 1.8 bitcoins to like 200 bitcoins for a while, now it's lower again but to like 50-60 bitcoins wagered amount. So, I am sure that more and more people will come, if you tell people they can earn something if they gamble more, there are some who will do that.
1869  Alternate cryptocurrencies / Altcoin Discussion / Re: What might occur on the next bear market on: May 04, 2022, 07:25:54 PM
people will have two opinions about this, there are those who think the bear market is something that should not be feared anymore because cryptocurrencies are really growing well every year and the news that spread during the big bear in 2018 did not happen. There are also those who think that a good cryptocurrency every year will inevitably have bad things because it doesn't always grow well, I even prefer to support cryptocurrency to continue to grow every year as long as it can still produce.
Those that will think differently towards the bear means that they have been there before the last bear came out so they now know what to expect it but to those that haven't been here with us, they will feel nervous and afraid on their first bear market but like everyone else, this feeling can slowly be adjusted as the time passes by because they can gain more confidence in cryptos in the long run.

It's not the cryptos that grows every year but it was the number of crypto users because as you can see, we have years where the price remains stagnant and sometimes the bear can last for one whole year. Crypto prices still have an improvement overall.
1870  Bitcoin / Bitcoin Discussion / Re: Are we entering the era of CBDCs? on: May 04, 2022, 06:51:34 PM
I would say that it is very possible that we are entering that fateful era, personally I do not like the idea of CBDCs very much, I am more in favor of Bitcoin, the fact that it is controlled and regulated by a bank makes it the same as any other currency, only now virtual. But continuing, I see that in several countries, such as in Europe and others you want to see how it would be to implement this method, it may turn out for them and end up creating a fairly sustainable system, but I support more the initiative made by countries like the Salvador  that prefer to use Bitcoin as a legal currency.
If only you know how much we dislike it too, you will feel satisfied thinking you are not alone but so many people are also against it.

CBDCs are like a counter to cryptos because they operate oppositely as to how crypto works but I think there is no need to worry thinking that people will convert to it because the reason why they are already here in cryptos is because they don't like how banking system works. They don't like the traditional money because it has some disadvantages over cryptos and no need to compare other countries to el salvador because they are too far from it since this country not only adopt btc but they also made it as a legal tender.
1871  Economy / Economics / Re: Russia Was Prepared to Withstand Sanctions. Why Wasn't Europe Prepared to Impose on: May 03, 2022, 09:46:35 PM
Russia supply the world with most of their resources and many countries including europe depend on Russia for natural resources, so imposing sanctions on Russia is just like planing your trap. Putin was prepared for all the drama we are seeing now that is why it doesn't bother him at all. The war has not ended and Russia is planning to launch more attack in Ukraine despite the sanctions from NATO countries and the European Union.
I do agree that there is a good chance that we could end up with Russialess type of energy in the future. I mean the tech is there, we just need to invest into both making it a better version of it, and also manufacture it a lot more.

Do we really think that we have to rely on any nation for the next 10+ years? Cars will be all electric, and I am sure that they will even be made out of material that will absorb sun as well, or even run further with the energy itself creates as well, so electric cars will be disregarding oil needs for a long time. We may get some from other nations for niche requirements but the fact that cars will be purely electric is more than enough.
1872  Alternate cryptocurrencies / Altcoin Discussion / Re: POLYGON’S MATIC or Solana on: May 03, 2022, 08:38:06 PM
Sol has better market capitalization and is currently more popular than matic so I think solana is the safer option for now. But I think polygon platform starting to get bigger attention and it is possible that they can catch up. But if you looking for long term I don't think both of them is good, I think this nft and metaverse will not last long, maybe just another year. So you need to know the perfect time to get in and get out.
Sol might have a better market cap but I think matic is more popular than it. Matic is the third best alternative next to eth and binance coin but both matic and sol are still safe and good for long term investment especially matic since matic didn't experience to burst yet but maybe it will in the upcoming future. Sol is an old project and I don't think it has something to do with the metaverse.

Matic on the other hand is much newer than sol and I think it's also not related to metaverse but there are metaverse projects that are good enough and they prolly can last long. For the most of them especially to newer ones, you should be careful and always stay updated so that you can get out quickly before they collapse.
1873  Bitcoin / Bitcoin Discussion / Re: Buying BTC vs Mining it on: May 03, 2022, 04:52:46 PM
Both has their own benefits .
I will go for buying the Bitcoins, as mining requires maintenance.
The electricity bill, need proper space and also clean when necessary.
Moreover Bitcoins are also illegal in my country.
So it would be better and safe investment if you buy Bitcoins instead of a mining set.
Hope this helps you OP to understand the situation better.
Me too, I would go with buying the Bitcoins. But in the case of mining, if you’re going to be covering the cost of electricity and maintenance, then the others are not really that much of a challenge, is it?

Except in a situation where it is illegal in your country, in that case you should totally avoid mining, and just stick with only buying and holding. At least you are going to make your profit when the market grows. But what I like about mining is the steady profit that you’re always going to be generating from it.
1874  Bitcoin / Bitcoin Discussion / Re: Bitcoin a Partway to Becoming Self-Reliance. on: May 02, 2022, 09:44:47 PM
Bitcoin on the other hand offers its, users, the total freedom they deserve both in financial freedom and also in the knowledge of how transactions are handled and verify this gives Bitcoin users the total freedom. spend their money whatever way and in whichever amount. Bitcoin activities on the other hand are more profitable compared to other physical traditional activities which have made it users totally free.
What do you think about Bitcoin&freedom
Freedom is not a complex word but everyone can easily understand it. When you have bitcoin, it doesn't automatically mean that you can now do anything that you wanted to do but there are still some restrictions and besides, not all country legalizes the use of bitcoin. That simply means that the government itself still has the control. Criminals can prefer bitcoins, due to the fact that its transactions are anonymous and irreversible which is perfect for their shady activities. This is why many governments are still against the use of bitcoin. We can use bitcoin but we should use it in a legal way so that we won't experience any problems.
1875  Economy / Trading Discussion / Re: What and where? on: May 02, 2022, 09:04:04 PM
I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
I will advise you to start with the coins you know, I believe you know about Bitcoin, Ethereum , and other top coins if you have made your research. You should start with these coins, I believe that they are going to be a good choice for you to start with, instead of looking for new projects that you are not yet sure about what they would be like in the future. So try to make the right choice, start with the top coins in the market and later you can decide whether to trade any other coin.

And you are right for sure, Binance is the best exchange for you to start with. It has been around for a long time, and it is one of the exchanges that has the highest trading volumes in the market, so it’s definitely what you should go with for now.
1876  Economy / Trading Discussion / Re: Can newbie become rich with trading on: May 01, 2022, 09:49:52 PM
there is no expert who immediately masters a field without starting a hard struggle at the beginning when they are still a newbie, you are a newbie in trading now and losses are a natural thing to experience, it is impossible for you to immediately make a profit.  but now there are many trading mentors that you can make as your teacher, but you have to choose wisely the mentor who will teach you, also look at his track record, that's important.
But, what if they fake their records? It's easy for someone to do it online but what would their motive be if they will do that. Only to make someone else lose? But I don't think they can get a benefit of doing that. Ah I know, maybe, they fake their records and then sell some books or courses but for our safety, it's better to buy only on the official stores and always check if they are verified.

Hiring a mentor will make things easier for a newbie but one must prepare a good amount of money because they can be a little costy. If we are poor, we have no choice but to go on the traditional and hard way. That's fine though and they say that the hard way is more beneficial.
1877  Alternate cryptocurrencies / Altcoin Discussion / Re: Delisting of tokens will take place again on: May 01, 2022, 08:58:15 PM
The ones that are removed are Altcoins that no longer have any movement in the market. Daily trading volume is no longer suitable for us to trade. some people might like coin memes, because when the pump happens, those who own it will profit many times over. But for me meme coins should have been removed, some exchanges have rolled coins. I see they have even been abandoned by their owners, and the people who invest there are also very worried, because there is never any trading volume.
The profits that a coin/token would bring to an exchange depends on how much it is traded, the more it is traded the more trading fee people spend on trading it and that's how people make money, the less traded it becomes the less money it will bring.

Considering there is a cost involved with such a listing, that means exchanges needs to keep the volume at a certain level to keep it traded, otherwise there are zero situations where they would see it worthy, a very low trading volume means money lost on those projects and exchanges eventually cut the losses and move on. Obviously it is not what they would prefer, they would love to keep it and make money but sometimes it is not possible.
1878  Economy / Economics / Re: Bitcoin Legal Tender in Panama on: April 30, 2022, 09:55:30 PM
I wouldn't say that this kind of news is not good, but people have realized that it is no longer something that can move the market in a positive direction. On the other hand, a war that could escalate into anything more than a conflict between the two countries at any moment, and unstoppably rising inflation certainly affect the way investors think when it comes to investing in Bitcoin.
Such a news does not really move the market, although I would say it is because that the countries that has been adopting cryptocurrency so far are not really like the big countries in the world, and is just some small countries, which is El Salvador, Central African Republic and Panama. So, these countries are not really like the world powers, and are just smaller countries.

So, their adoption is not really making any impact at all. Let’s say for example that the US decides to adopt it as a legal tender, I believe that it will really have an effect in the market for sure.
1879  Economy / Economics / Re: Passive income : Bank interest vs staking on: April 30, 2022, 09:29:53 AM
If we talk about staking we don't only talk about how much passive incom you get but also need to consider the price of the coin in the future.
the highest ICP price was around $450 and now the ICP price has dropped drastically to $15. if you invest in ICP at a price of $ 450 and do staking, can the passive income you get cover the losses you experience because the ICP price has dropped dramatically?
That is why it's not advised to buy the coin when its price is high but if ever you already buy the coin at a high price and then it dumps, the best thing that you can do is to strongly hold it and pray that the price will recover and rise soon.

You can get some returns in staking but that is not enough to recover what you have lost buying at highs. On staking I heard that stable coins can also be used, I think this is one is much better since there's no need to worry that the price will drop in the future. Many people considered this more than the volatile cryptos. It's nice that stable coins are now more useful than before. Now people won't hate stable coins anymore.
1880  Economy / Economics / Re: Bill passed requiring drunk drivers to pay child support if they kill parents on: April 29, 2022, 06:34:24 PM
The cases related on drunk driving rise up and there are so many casualties per year recorded as per statistical records show so this law created give justice to the child who's parent are victimized on this unfortunate incident. And maybe thru this law the cases will low since there's a law that will totally add more weight to their case if they got involve on the said case.
I believe that that’s because there isn’t much effort being put into stopping people from drunk driving. Such issues as that should be looked into and solved. There should be rules being put in place as a way to reduce such events from occurring.

And I believe that when the government starts to do what they really meant to do, such as this kind of law that they have implemented, it is really going to help in reducing the rate of loss. but more should be done, and I believe we as the people should also do our best in making sure that such things are avoided.
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