Bitcoin Forum
June 20, 2024, 04:06:01 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 [101] 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 ... 311 »
2001  Alternate cryptocurrencies / Altcoin Discussion / Re: Just in case on: September 06, 2021, 10:52:10 PM
your points are valid. i have 60% of my finance in fiat not cryptocurrency and i invest what i can afford to loose. i know i have pumped in my saving to crypto and i am yet to make substantial gains. i am currently making little gains and profits. i know it is a long process but i hope and believe that my investment will yield a lot. it is a process na di strongly believe that it is worth it. i started crypto investment with nothing and i know howmuch i have made.
It's good to hear that you are really making consistent profits in crypto and for sure it will grow more if you keep it managing right. After that, then you can start saving a portion of it for your lifetime savings. Its good to diversify your investments not only in crypto but even in real life established assets or investments.

Crypto investments are definitely high risk but if you can manage the risk and reduce it, then more likely that you will still have a successful investment that will give huge profits more than what you expected. Most of the time your mindset really matters.
2002  Bitcoin / Bitcoin Discussion / Re: 7th September 2021 Bitcoin becomes legal tender first in history on: September 06, 2021, 07:35:17 PM
Bitcoin is on the way to becoming an official legal tender by the government, even though there have been so many obstacles along the part the El Salvador government will on the 7th of September accept bitcoin as a legal currency within the country, can we say we are in for another long runoff for Bitcoin market.

Yes it's encouraging! Bitcoin has been made legal by only a handful of countries till date so whenever any such news comes in, it reassures your faith in bitcoin. But don't expect a lot of impact in the market. I don't think the current surge in price is anyway linked to this news. El-Salvador is a small country with a population of roughly 6.4 million people. So a lot of unknowns are there.

Today marks the day when bitcoin will become the official currency of El-Salvador and people will start using it from now onwards. So wait and watch the reaction of the commoners.
This news has already made a positive impact on the market some months ago so definitely, it will not make any noise this time. But i am very optimistic that this will be the start for other neighboring countries to start also using bitcoin as a local currency. Let's see how will this come out.

Although its not El Salvador who started to legalize bitcoin but its the first country i guess to start using bitcoin as a legal tender. But i'm not expecting everything will come out smoothly. Of course there might be problems that will arise in its first months but i know it will also be resolve in time since the people are still adjusting to its new adopted currency.
2003  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: September 03, 2021, 09:31:13 PM
~snip~ .....he just need to stop Casimero first so he can continue without doubts from the fans.
That's probably what he tries to accomplish now, he said he will fight Casimero this year and Casimero announced a date that the fight will be this December 18, 2021, so let's wait for that time and there's enough time for the team to stay condition. I like that they are silent now, this only shows that they have made some agreement already though we did not see a signed contract yet.

maybe we will see some updated information here as the fight schedule is nearing.
https://champinon.info/schedule/inoue-vs-casimero/

For live broadcast, ESPN is covering this fight.
2004  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Caleb Plant on: September 03, 2021, 08:37:06 PM
The fight is a done deal so why start an allegation now when Plant should be in his training camp and train as hard as he can because he has a very tall mountain to climb now, they put a lot of effort putting this fight and he accepts all deals laid out by Alvarez, then why he is starting this allegation now, is he cooking up something in case he losses to Alvarez and that is the drug issue, this will be a lame excuse for him if he loses and he is going to lose the fight.

A common scene in every match either they want to hype more the fight so issues are thrown for more people to pay attention and watch the fight or there's someone who likes to attempt some distractions to both boxers.

As long as the allegation is clean and backed up with strong claims, nothing wrong to throw it. But if just a speculation, should just be simply ignored and let the people who witnessed the fight see if there's something wrong.

If Plant thinks that way, then he would rather not take this fight, the fight between GGG was a long time ago, if Canelo had violated the rules of boxing, then he should be investigated already and pay the sanction for his violation, but until now, he is still clean so that speculation is baseless and should not be taken seriously. Less talk and more training, I think that would be helpful for Plant.
2005  Economy / Gambling discussion / Re: [Boxing] Inoue vs Casimero Bantamweight Unification Fight on: September 03, 2021, 08:15:59 PM
The Filipino fans would rather want to see Casimero fight Inoue than Donaire his fellow, it doesn't bring honor to the country compared to fighting Inoue and beating him. I know it's quite unlikely, but Casimero has the tools to beat Inoue in a fight, so we should find out soon.
How should you know that the Filipino fans don't want that fight? Did you have a data or you've asked some of your friends about it? Also, how can't it not bring honor to the country just because it's a Filipino vs Filipino fight? Either way though, this fight is going to be a really good thing because we will see where will Casimero's mouth drag him to with his fight against Inoue.
It is just sure a personal opinion about fighting fellow countrymen which I do somehow agree but doesn't mean that it wouldn't bring any honor to the country.The only thing differs is about

nationality on where people do love to see more on Casimero fighting Inoue since they do know that it is much more anticipating or interesting since Inoue is undefeated and also

they had already some previous match against Donaire which people will normally be eyeing for him to fight that hadn't something able to test it out.

Filipino vs Filipino is only good if there's no other opponent,  Filipino vs Japanese would be great to watch as surely the Filipino fans will be on one side only. There's no data to prove but it's understood that once a Filipino fighter is fighting in another country, the support is always on him. Though Casimero is not humble as we want him to be, but I know most of the Filipinos still love to see him win, even against Donaire.
2006  Economy / Gambling discussion / Re: [Boxing] Inoue vs Casimero Bantamweight Unification Fight on: September 03, 2021, 01:06:50 PM
I will wait for this fight but I have a feeling that this fight will happen this year. Many fans want to see this fight to happen after the year ends Smiley.
We should remain optimistic now that the fight is getting close to reality already.

The Filipino fans would rather want to see Casimero fight Inoue than Donaire his fellow, it doesn't bring honor to the country compared to fighting Inoue and beating him. I know it's quite unlikely, but Casimero has the tools to beat Inoue in a fight, so we should find out soon.
2007  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 03, 2021, 12:40:58 PM
Terrafirma is on the roll again.

1st half is over and they are in the lead now.
The score currently is 46-51 in favor of the Terrafirma .

Will we see the same upset they did against SMB, or the Ginebra will come back strong to dominate the 2nd half? Let's find out together.

I can't believe, it's already 2 in a row, after beating the SMB, they now beat the BGSM.

Wow! This team is really surprising, what possibly they have done during the break?

Tiongson again is the top scorer with 31 points, this guy is unstoppable.

They'll have a good rest after these 2 big wins. Their next game is against the Blackwater Elite this Sunday, I think we will count this already as a win as Blackwater isn't really competing hard. Meanwhile, TNT has dominated the Meralco Bolts and they improve their record to 5-0, and finally, Mikey Williams had exploded in this game with 27 big points, the struggle is over, welcome to the PBA.  (source : https://pba.ph/recap?match=1902576)
2008  Economy / Gambling discussion / Re: 2022 NBA Season on: September 03, 2021, 08:52:24 AM
Like OgNasty mentioned earlier Paul Millsap will become a player of the Brooklyn Nets.
The former Denver Nuggets player will be coached by coach Steve Nash after exploring the free agency.
Although the figures of the deal have not been disclosed yet, it should cover only one year at minimum salary. Brooklyn gets a profile of enormous experience basically low cost!


The strategy is very similar with the LA Lakers, they are getting low-cost players with good experience and Millsap will definitely be useful for the Nets to their campaign to the championship next season. They failed last season due to injury, so hopefully, it will not happen again so we will see the best teams playing in the NBA Finals.

They are adding more players to ease the rotation, with the big 3 playing a lot of minutes, they will be in the playoffs but the likelihood of getting injured is possible, Nets can't afford to ruin their chance to be in the NBA Finals, they are all healthy now, so they will have to make sure they are at the top in the regular season and they are also in top shape in the playoffs.
2009  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: September 03, 2021, 08:10:52 AM
Terrafirma is on the roll again.

1st half is over and they are in the lead now.
The score currently is 46-51 in favor of the Terrafirma .

Will we see the same upset they did against SMB, or the Ginebra will come back strong to dominate the 2nd half? Let's find out together.
2010  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Price Prediction – Will ETH Hit $5,000 Soon? on: September 02, 2021, 05:46:18 PM
I think ETH has a strong momentum in the near term to transition to POS, in a bull cycle that is in stark contrast to the charts, history from the past of the market. We are in the midst of a distinctly buoyant September. ETH is a green signal and leads today. I believe in this super cycle anything can happen and ETH reaching 5k even 10k is only a matter of time. Be patient guys

If we look at the current price achievement of ethereum, i am confident to say that its price will definitely reach $5k before this year ends. Even $7k is very possible this year as long as ethereum will continue meeting the needs of its investors into its most reliable and trusted platform. And with the new projects that are out in the market today, ethereum will definitely be their top choice.

With its successful ethereum  network, more positive things will surely happen in the months to come. And by then, having its high gas fees issues will totally be resolved.



2011  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crash or new sunrise of crypto on: September 02, 2021, 05:08:27 PM
All people have their own opinions so some think that it must be a crush soon, others, on the contrary, are optimists gaining position. I know people who went short in spring when Bitcoin was 30 000$ before the increase to 60 000$, so we can only predict, but nobody can tell for sure. My prediction is a new bull run now and bitcoin for 100 000$ in December. This market is ruled by news.  Roll Eyes
For me, market crash is not happening by now because the market is gaining more momentum to stay on a high price and when bull run finally started, this market will be very bullish soon. So i don't think we are expecting a market crash these days. Of course, it will still happen but maybe after a big break in crypto, its time for the market too to start dumping again.

So even if we think investing at the moment is not a perfect timing but since we are already expecting a bullish season in the next days or months then probably it will still be profitable if we decide to invest for long term.
2012  Bitcoin / Bitcoin Discussion / Re: The more popular Bitcoin is, the more valuable it is? on: September 02, 2021, 04:42:31 PM
We know that Bitcoin is a very popular currency all over the world. Many expensive people around the world are using this bitcoin. However, Bitcoin is legal in all the developed countries. The popularity of Bitcoin will continue to grow as the days go by. It can be seen that the use of this bitcoin has started all over the world.
The development of Bitcoin is indeed extraordinary, since it was first launched Bitcoin has experienced such rapid development. 
The more people who know Bitcoin, the more big companies accept Bitcoin as a means of payment and the more countries that legalize Bitcoin. 
And with the high demand for Bitcoin, of course it will increase the price of Bitcoin because the demand in the market is quite high.
Bitcoin price is already high from the start compared to other coins and when we think its demand started to increase, its value keeps increasing too. And no wonder up to this moment bitcoin has gained more popularity even worldwide that makes some big institutional investors to trust and adopt bitcoin and even big and established countries are planning too to start legalizing bitcoin in their places and eventually adopt it.

For me, its definitely more on demand and supply. The higher its demand has become, the more limited its supply is. And its really a good thing because the value becomes more visible too seeing it in a much higher price right now despite of its high volatility.
2013  Economy / Economics / Re: Bitcoin or altcoins on: September 02, 2021, 09:38:03 AM
Bitcoin is the dominant currency among cryptocurrencies. In the long run, investing in it will be more profitable and will yield higher profits.
The market value of altcoins is still relatively small, generally following the rise and fall of the price of Bitcoin, but the fluctuation range will be greater than that of Bitcoin.
You can choose Bitcoin and relatively safe and reliable altcoin portfolio investment to reduce risks and loss of profits.

Bitcoin has always dominated the market, so of course the risk of investing in Bitcoin is lower than altcoins. So it is safer to invest in Bitcoin than
altcoins, especially if we are planning a long-term investment, Bitcoin is the best choice. Even altcoins price movements usually follow Bitcoin
price movements. Another advantage of Bitcoin is that if the price falls, it recovers faster than altcoins. Especially for beginners, it is better to focus
on investing in Bitcoin, because making a profit from Bitcoin is indeed easier than investing in altcoins. We just need to be patient waiting for
the Bitcoin price to reach the sell target we want.
With regards to all the answers in the forum, bitcoin is seen to has more potentials than altcoins and is less volatile compared to altcoins. So there is no doubt that bitcoin is their top choice because aside from being the most profitable currency, its the most promising investment for now especially if you hodl it for long term.

But if we can have them both then why not. After all, its the profits that will matter the most. Bitcoin and altcoins are dominating the market and its prices are very impressive as they can be both profitable not just today but also in the near future.
2014  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Notice your emotion on: September 01, 2021, 04:04:15 PM
Panic selling has always been something that is within us, the only difference is how big our panic is, but other than that, don't forget about greed, greed and dissatisfied are also very common for investors, when the price of the coin has gone up very high, but they still don't want to sell it because they are still dissatisfied, and finally the market is bearish before they can selling it
Motion can really affect a trader or investor's faculty to think of the right decisions when the market price starts to shake bringing about fear of one losing is already made profits from getting minimized. Although it's very hard to control emotions especially if one is trading or using the money they can not afford to lose causing over thinking and which can lead one to make a wrong decision.

It is very necessary for one to make use of risk management and trading or investing plan to enable us to avoid unnecessary thinking or fear of lose when the market by price is ranging. Our emotions can lead us to make wrong decision if our mind is not prepared to take risk that can have both advantages and disadvantages to out output.
Well, if we let ourselves carried by our emotions, then it will not lead us into our goal but rather pull us down and commit mistakes again. Although  being emotional and even greedy when it comes to investments profits, is a human inborn but if we start controlling it then somehow we can minimize committing mistakes and losses.

For me, the best advice i can give is to set a target price when to buy and sell. If you have your plan and definitely your goal, then even if you are struggling to control your emotions but as long as you stick to your plan then you will never be in a huge loss.
2015  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Cryptocurrency is not Legalized Despite the Many Benefits on: September 01, 2021, 03:32:14 PM
The only reason is that governments are against to decentralization, governments are those who control many things in our lives and everyone who is earning money by their properties will have the tax which is they cannot do it with cryptocurrency so they keep on restricting cryptocurrency.

We know that there is so many advantages that we can have in the world of cryptocurrency, we can see it but there are also a lot of disadvantages as there are so many crimes such as hacking, scammin,g and laundering in the world of crypto and I think that is also one of the reasons why they don't legalized cryptocurrency.
The sad reality is that the government doesn't want people to have an easy life but they just wanted to feel hard and waste their time with the file of workloads in which we can make it better and be more productive with the aid of crypto. It was just the government don't like it and another reason is that they can't get benefits from crypto as they are not in control of this. Too sad to say like that but they are too selfish and there is no way to spare us but they are happy to see their people keep on suffering while these leaders are enjoying their life.
The government is supposed to aid us to live our life in its most convenient way. And one thing that can be of great help is the use of cryptocurrency. Unfortunately, the government failed to do so not because they want us to suffer but its more of their own personal benefits. They don't want to legalize crypto because it can never be fully controlled by them and the fact that its also transparent so it can be a big threat for government officials.

I'm definitely not against with the government but in this case, i feel like its unfair. But i cannot blame the government too maybe because they think bitcoin is the root of all scamming and money laundering. So let's just leave it that way. Maybe its a matter of time that there will be new sets of government officials that are more open to new technologies and are more transparent in their motives.
2016  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: September 01, 2021, 05:26:25 AM
Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago

I want to know if it's much risk to borrow and purchase bitcoin like it is to trade bitcoin. However, the market is pumping, and it may seem like a good move if the loan is not for lunch, rent, and family bills which account for our daily needs (That is, my daily needs have been taken care of). Thus, timing is another criterion to discuss. How can someone know the perfect time to pick such a desperate gamble? We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market, good guides or rules can be shared for users and newbies in the forum to have a grip on the market and know if borrowing is appropriate. It does sound thoughtless but, borrowing is part of the business. And we must prepare for the best as well.

Thanks, I'm ready to learn.
It is not weird, but it is very risky. The first rule of investing in crypto currencies (bitcoin) is to make sure you can afford any losses. But since you are borrowing money, it means you don't have any extra money that you can lose. You are just gambling and trying out your luck. There is a chance you might lose a portion of your investment and then fail to return the money. If you are very confident that you can pay back the money you have borrowed, then go ahead and invest. Or else, just return the money. Try saving some and then invest.
Borrowing money to start with your investment is definitely a normal thing that most investors do but it also depend on what kind of investment you are entering. When it comes to crypto, i don't think it will be a good idea to lend your capital because there is no guarantee as to when you will gain profits and how high it will be. So you are more into gambling than investing to double your profits.

Well, borrowing money might be reasonable too if you have other source of income that can pay your loan but if you are only dependent on crypto, then better earn first before making an investment.
2017  Bitcoin / Bitcoin Discussion / Re: Next US president pro-bitcoin? on: September 01, 2021, 04:59:50 AM
Bob probably won't get elected. No wise presidential candidate would make it as his/her platform of government to remove the US dollar. That's definitely a suicide. If the globally powerful USD is weakening, present your plans to make it powerful again. But never say it is a pointless case to salvage it and that the US government would be better off replacing it with something like Bitcoin. You will not only sound ridiculous; you will sound nuisance.
People will definitely feel that the incoming election is no good at all. There's no way USD will be replace by a decentralized coin which most citizens will think the root of all scams. So Bob won't definitely succeed in his platform even if bitcoin has a very expensive value. People's first impression on bitcoin will eventually last for long.

Even if presidential election will not happen but as long any candidate is obviously pro-bitcoin, the citizens will hesitate to vote him or not.
2018  Alternate cryptocurrencies / Altcoin Discussion / Re: How to manage losses? on: August 31, 2021, 11:22:03 PM
Usually to manage stress what I do is not to think about it too much, I accept the loss. There are 2 ways that I do, firstly selling some of the tokens and secondly holding it for some time.

for diversification is not easy, but I will pick some of the top coins and invest a little into new projects based on my analysis.
If you don't know how to manage the stress everytime the market dumps easily, then you are prone into more losses.  I suggest have your own plan and set your own goal. Even if the market tends to move sideways, atleast you know exactly what you are going to do. Even selling your coins and buying another coins should always be in accordance with your plan so you won't come up regretting in the end because its not the right timing yet.

And its a good thing also that you should not think much of the stress. Enjoy what you can enjoy and make as much profits everytime you see opportunities in the market. It also a matter of right timing too.
2019  Economy / Economics / Re: El Salvador retirees protest against Bitcoin as legal tender on: August 31, 2021, 07:57:31 PM
Quote
“Salvadorans also expressed concerns over the lack of knowledge and understanding of the technology needed to use cryptocurrencies like Bitcoin. Protesters held up signs saying, “We don’t want Bitcoin” and “No to corrupt money laundering.”
It would be very advanced if they made Bitcoin mandatory. Because very few people have a good idea about technology and fewer people use it. There is no denying that very few people are accustomed to Bitcoin, and imposing anything on the public without proper knowledge can be daunting. It would be better to keep Bitcoin as a compulsory payment gateway and at the same time make it possible for everyone to be educated on the principles and uses of Bitcoin.

For me, the legalization  for bitcoin just got so fast. I do understand the President has  a good intention for accepting bitcoin but the reaction of the citizens seem not in favor about bitcoin. There must be a public education for all about bitcoin, learning the whole benefits about bitcoin and how they will be able to use it and definitely its pros and cons. The citizens are obliged to know all the basic things about bitcoin so that they will not always come up questioning about the current sytem.

I know things might only be worst in the beginning but as time goes by, the problem will definitely be solved. After all, bitcoin is user friendly so all citizens would really love using and having it once they will learn how to use it.
2020  Bitcoin / Bitcoin Discussion / Re: The life span of bitcoin is till infinity on: August 31, 2021, 07:30:48 PM
I am not sure about this. We never know whether the demand for Bitcoin would stop at some point. For now, it is increasing and it is helping Bitcoin get stronger than before. But maybe at some point, one of the altcoins in the market (currently existing or not) will manage to dethrone Bitcoin and people will start losing their interest in Bitcoin. And it might be the end of Bitcoin also.
The demand won't end in my opinion, long as people buy it, they unconsciously create an influence around them that makes other people that they interact with to be influenced by them in a way and make themselves want to buy bitcoin too and it's a chain reaction although it's a bit slow but it's going to happen anyways.
As for now, i don't see any chances that an altcoin will dethrone bitcoin because bitcoin will always be the king of crypto and it will always will as long as it keeps dominating the market. There are a lot of new altcoin projects nowadays but seems that most of the projects that are out in the market today have low potentials to last long in the market.  So definitely bitcoin will always have its position today and maybe in the near future.

But i'm also open that bitcoin won't have to live long till infinity. There's no way that an investment will not fade or lost its value in time. Things will change in the future and maybe by that time a new investment asset or currency will arise that is much better to bitcoin so people will definitely stop bitcoin usage and stick to another coin or currency.
Pages: « 1 ... 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 [101] 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 ... 311 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!