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2021  Economy / Trading Discussion / Re: Does trading really works? Likely based on guesses on: April 17, 2022, 11:36:54 AM
Everyone thinks I'm wrong but actually, the truth is better. I can't argue with anyone but I am going to drop facts why trading should be the last thing we should ever thing about.

¶ You can make money now but you'll lose it tomorrow.
¶ Your strategies only work for a limited time.
¶ You cannot always be a winner.
¶ Your can't beat the market maker.
¶ The whales are the real traders so going against them is total lose.
¶ 80% of traders are losers; maybe it's not yet time for you.
¶ Your trading has no guarantee, you will lose that profit soon.
¶  Trading is not gambling, it is technical gambling lol.


 My father always pin this to my hearing "things are easier said than done" les choses sont plus faciles à dire qu'à faire

You are right about the things mentioned in your post,but I don't agree that trading is 100% based on luck.
Nobody is saying that crypto trading can guarantee you profits.If somebody is saying this,he is a liar.
Nobody is saying that you have to follow only one strategy from the beginning,without any changes and without adapting to the new conditions and obstacles.
If crypto trading isn't for you,then stop complaining about it and don't waste your time writing such forum posts.Focus on something productive.
Crypto trading is gambling,if you treat it as gambling.Everything depends on your decisions and your perceptions.

2022  Economy / Speculation / Re: Why the price of Bitcoin still in such a state? on: April 17, 2022, 11:16:44 AM
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.

What you are saying doesn't matter.What the so called "experts" and analysts are saying also doesn't matter.
The Bitcoin price isn't determined by people's opinions and wishes.We are living in interesting times,where uncertainty and fear are dominating the markets.Nobody knows what will happen next week or next month.Making long term plans and predictions for several years ahead seems really difficult.
The Bitcoin price is in a pretty good place right now.There is volatility,but we shouldn't get depressed every time the price makes a 5-10% drop.
2023  Economy / Economics / Re: Fiat, CBDCs, all of these are enemies, your only friend is Crypto! on: April 17, 2022, 05:40:31 AM
Have you ever thought that the Bitcoin value goes up because the fiat value goes down.
In that case,fiat is Bitcoin's best friend. Grin The Bitcoin value won't go up,if the fiat value doesn't decrease.
Who would even buy Bitcoins,if the fiat money preserved and increased their value?
With an "enemy" like fiat,we don't need friends. Grin
CBDC will be the same as fiat,the technology behind CBDCs doesn't matter.They will be as a centralized and as inflationary as fiat paper money.This means that another fake enemy(actual friend) for Bitcoin would join the party.
Unfortunately,the Bitcoin price is too volatile,which scares many people away from BTC and stops the mass adoption of BTC.
2024  Economy / Gambling discussion / Re: Are you Still Supporting And Playing On Newly Launch Casinos on: April 17, 2022, 05:20:39 AM
Nope.I don't bet on newly launched casinos,because.
1.The risk of getting scammed is higher.
2.Making new accounts and placing bets on new casinos every week seems kinda pointless to me.
The idea of having 50-100 crypto casino accounts (and 99% of them will end up being dormant and not active) is kinda repulsive to me.I just hate having multiple dormant accounts.
I might signup,mess around with the dashboard and play for free(if there is such option) on a new casino (if the casino has a great design)but I don't want to bet money across multiple crypto casinos.
2025  Bitcoin / Bitcoin Discussion / Re: Bitcoin has no intrinsic value on: April 17, 2022, 05:01:00 AM
OP,you sound kinda butthurt.Did you get scammed or something?
Your post doesn't make any sense.

Quote
Because of the way Bitcoin generates value or becomes more expensive, it could potentially lose all its value and became worthless.

This doesn't make any sense.Bitcoin doesn't "generate value" by itself.The value of Bitcoin is determined by the mining costs and the supply/demand for Bitcoins.
Bitcoin gets more expensive,but it might get worthless some day.Yes,and so what.This applies to every financial asset around the world(maybe except gold).Do you think that Tesla,Amazon,Facebook,Apple stocks won't become worthless some day?Nothing lasts forever.
The "Bitcoin doesn't have instrinsic value" mantra that has been repeated by all the BTC haters have gotten completely meaningless at this point.Repeating the mantra one more time won't make it meaningful.
2026  Economy / Gambling discussion / Re: Token Based Casino In Market Aggregator on: April 15, 2022, 06:03:26 AM
I've never really understood the business model of the crypto casinos,that have their own tokens.
They create and keep "mining" their own token,but they get actual cryptocurrencies in exchange for their token(not by trading it,but rather giving it away to the active gamblers).
The token is supposed to have some market value,but nobody is actually buying it,because such tokens aren't listed on crypto exchanges.Demand is what creates market value and there's no real demand for these casino tokens.This seems kinda weird to me.
Anyway,let's see how this "casino token" experiment will keep running in the upcoming years.
2027  Bitcoin / Bitcoin Discussion / Re: Bitcoin donations no longer welcome on Wikipedia on: April 15, 2022, 05:44:51 AM

I already know what's coming, one hundred comments about how Wikipedia is stupid for doing this, how they are losing money, how they will cease to exist, and on the 17th page the lone guy that has actually donated to Wikipedia via bitcoin. Does this make us what was that, narcissistic psychopaths? Grin Probably not, but I think we as a community should start viewing things from the perspective of others before trying to stuff their mouth with cryptos and blockchain and tokens and decentralization.


Nobody says that the Wikipedia team is stupid for abandoning BTC donations.
The guys and girls behind Wikipedia can do whatever they want,when it comes to using payment methods for accepting donations.Acting butthurt just because some website decided to dump crypto payments seems really immature.
How many of the Wikipedia users are young people,who are actively using cryptocurrencies?Not that much,if you ask me.I don't have valid statistical data,but I assume that more than 90% of the Wikipedia users are boomers,who wouldn't even touch Bitcoin with a ten meter stick. Grin
And yes,the shitcoin/NFT investors are psychopaths. Grin
2028  Bitcoin / Bitcoin Discussion / Re: About the need to end anonymity in cryptocurrencies due to the scams. Coinbase. on: April 14, 2022, 11:25:50 AM
Your online security is your own responsibility.
Nobody can come and save you,if you are dumb enough to get scammed online.
There's no anonymity in the fiat financial system and yet millions of people get scammed every day,their credit card data gets stolen and their fiat bank accounts get milked.The fiat financial system is even more regulated than the crypto industry and the amount of fiat scams is bigger than the crypto scams.
You can connect other applications to your Coinbase wallet AT YOUR OWN RISK.
The Coinbase team can do some monitoring on all applications that can be connected to Coinbase wallets,but they cannot act as your babysitter.
More regulations over the crypto industry won't reduce the number of scams.The main problem is the huge amount of gullible and naive people online,not the quality of the current crypto regulations.
2029  Economy / Economics / Re: The main harm of existing “Stablecoins” is not controlled emission on: April 14, 2022, 11:04:38 AM
The main harm of existing “Stablecoins” is not controlled emission, but, accordingly, inflation.
Today, anyone can create a demon of control-print their “Stablecoins” thereby increasing the total issue of the financial bubble, what do you think?

Inflation is mostly caused by the controlled emission,so your statement seems kinda meaningless to me.
I agree that the main problem of the stablecoins is the "fractional reserve banking",which can potentially create value out of thin air.Nobody knows how big the Tether reserve actually is.This applies to all the other stablecoins as well.
The main purpose of stablecoins is not to act like a store of value,but to make cryptocurrency trading easier and more convenient.The stablecoins aren't competitors of Bitcoin and the big altcoins.They are supposed to be a supplement of the cryptocurrency trading ecosystem.
2030  Economy / Gambling / Re: Watching Our Kids From Something That Could Dangerous To Them on: April 14, 2022, 06:06:02 AM
Are you talking about freemium games of actual gambling games?
Unfortunately all mobile and computer games are designed to be addictive.
I've heard many horror stories of children getting addicted to freemium games and using their mom's credit card to buy lots of in-game items.
There's no easy solution to this problem.I guess that the only solution would be not buying a smartphone for your children.You simply can't control what they are downloading and installing on their phone.
If you forbid them to install certain games,that might actually have the opposite effect.
"The forbidden fruit is the sweetest."
2031  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin continue to have the same effect on alts? on: April 14, 2022, 05:47:07 AM
Why do you have to compare Bitcoin to all altcoins?Bitcoin should be compared to every altcoin in particular,not all altcoins simultaneously.
An altcoin will become "independent" from Bitcoin when it gets enough trust and authority and there are enough people,who are willing to HODL this altcoin in times of a bear market.
For instance,when the market does down,a hardcore Bitcoiner says to himself "I'm just gonna HODL my Bitcoins,the price will eventually hit another ATH".
But when the market goes down,an altcoin trader says to himself "Things are going bad,so I have to sell my altcoins ASAP,because their price might hit the absolute bottom"
That's why the altcoins don't carry the same weight as Bitcoin Core.
2032  Bitcoin / Project Development / Re: Suggest A Good Affiliate Program To Monetize This Site on: April 13, 2022, 11:11:40 AM
AFAIK,eToro has an affiliate program and the eToro trading platform supports copy trading and crypto trading.
The first deposit comissions are of this program are really good.You could get between 50 and 250 USD per converting customer.
Is this the affiliate program you had in mind?
Many CPA networks support multiple crypto trading and FOREX trading offers with very high commissions.
I'm not sure how legit those offers actually are,there are lots of scams being promoted on the big CPA networks.
You could check for crypto/FOREX CPA offers on platforms like affpaying.com.
2033  Economy / Service Discussion / Re: online escrow scams? on: April 13, 2022, 10:51:03 AM
You are describing a bunch of online scam methods.Those scams have nothing to do with legit escrow services.
I human escrow/middleman must be really trusted and reputable.He must provide valid proof about his positive online reputation.You can't just hire some random guy to be your escrow.You and the guy on the other side of the transaction might get scammed by such middleman.
I thought that you are talking about websites providing escrow service.
I've been using Localbitcoins for around 5-6 years and I've never had any problem with their escrow service.

 
2034  Economy / Economics / Re: U.S. life expectancy falls for 2nd year in a row on: April 13, 2022, 06:31:29 AM
The Americans eat lots of junk food and don't they don't have a healthy lifestyle.
USA has the most obese nation in the world.
The US healthcare system is shit.Many poor people don't have any access to healthcare in the USA.
Many people in the USA refused to get vaccinated and to wear masks during the pandemic.
What else would you expect from all these factors?
Bitcoin/crypto has nothing to do with the US healthcare system and the people's lifestyle.
There's no way Bitcoin could help for increasing the life expectancy in the USA or anywhere else in the world.
2035  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Round of 16! on: April 13, 2022, 06:10:41 AM
I really hope that Chelsea would get a new owner ASAP and they don't get into administration/bankruptcy.
They played really well against Real Madrid and only the genius of Benzema stopped them from kicking out Real.
Bayern totally dominated the game against Villarreal,but the Spanish team scored one goal after only one counter attack and one shot at the target.That's why football is a great sport.
Villarreal cannot be underestimated,when it comes to European tournament games.
I don't think that Man City and Liverpool will have any problems eliminating their opponents this evening.
2036  Bitcoin / Bitcoin Discussion / Re: Why no simple service for HODLing Bitcoin? on: April 13, 2022, 05:44:46 AM
Hi exhodlers,

I know many of you wish not selling early your BTC. This is very common story, I wish I hadn’t sell my bitcoins for cheap X years ago. Now it would be worth Y millions of dollars. I have idea for new coin/token:

We create smart contract for HODLing bitcoin for 5 years (that’s rough number, could be anything). For users who send their BTC to the smart contract, some new token or coin would be given. Tokens have their tokenomics, the whole thing is DAO with voting, stakings, farmings etc. For HODLers NFTs can be generated to create community thing.

Anyone interested in participating the project? Call it HodlCoin

This idea doesn't look very innovative or original.
Your project looks like some "full reserve banking" stablecoin/token.I don't see any point of using a token,that is backed by BTC.
Who is going to have control over the BTC wallet,where all the Bitcoins are received?
Is it going to be a multi-sig wallet,so all the BTC will be released upon the agreement of all participants?
If you want to HODL Bitcoins,just HODL Bitcoins in your cold wallet.There's no point of creating a useless token around the idea of simply hoarding Bitcoins for the long term.
2037  Economy / Speculation / Re: Galaxy CEO analyzes possible behavior of Bitcoin on: April 12, 2022, 11:30:19 AM
His analysis determined that this cryptocurrency would remain between 30,000 and 50,000 dollars
(.....)
Finally, I saw a realistic prediction from a businessman/investor perspective unlike to other people who are just telling random numbers without any basis or explanation which is clearly only telling those numbers just to pump their bags.
I also somehow agree with Mike Novogratz, that we can experience crypto winter during this month, which for me is also good, natural, and could help the market become healthy.

If I remember this correctly,Mike Novogratz made some very bullish predictions,but now the BTC price is currently going back down,so he started making "realistic predictions" again.This is hilarious.
Anyway,a 'crypto winter' doesn't last for one month only.It should last for several months.
I don't believe that a crypto winter(or a stagnant market) is good or healthy for BTC.
It isn't either good or bad.It just is what it is.Bullish markets,FOMO and price bubbles can be both good or bad(if you know when to buy and when to sell),but a stagnant crypto market isn't good for anyone(but it also isn't bad,because this is the best time to buy Bitcoin/altcoins).
The profit seekers want high volatility.
2038  Economy / Economics / Re: How to end dependence on russian gas? Heat pumps, electric heaters, alt fuels? on: April 12, 2022, 06:13:19 AM
There are many suggestions about alternatives to the Russian oil and gas.
The problem is that all of them require lots of time and money.There aren't any short term solutions.
There's no solution that would solve the problem here and now.
I guess that many European countries will just keep buying Russian oil and gas and they would agree to pay with rubles.
By the way,heat pumps are expensive as hell.
Getting rid of the dependency from Russian fossil fuels will definitely impoverish Europe and slowdown the economic growth of the EU.Meanwhile,the USA will be making more money exporting fuels and heat pumps to Europe.What a great plan. Grin
2039  Economy / Gambling / Re: Another New Rule On Gambling Adverts Ban Celebrities and Sports Stars on: April 12, 2022, 05:42:28 AM
This doesn't make sense to me.
So the people at this "Advertising Practices Committee" think that when a kid/teenager sees a gambling ad with Christiano Ronaldo(or some movie star),the teenager will be instantly hooked and will try to signup and gamble on that casino.
But when the kid/teenager sees a gambling ad WITHOUT Christiano Ronaldo(or any celebrities at all),the kid would not be interested at all in gambling and just skip.
It seems to me that the creators of this new rule think that kids/teenagers are just dumb retards.
Why do they have to impose such rule?Aren't kids/teenagers forbidden from joining online casinos,since there are KYC procedures and age verification required?

2040  Bitcoin / Bitcoin Discussion / Re: Without banking bitcoins will be work on: April 12, 2022, 05:21:41 AM
You could buy Bitcoin using gift cards(on Paxful) or by using online payment services like Paypal,Skrill,Neteller,Paxum,Cashapp,Venmo,the list goes on and on.
Is this risky?Of course it is,but at least it's an alternative of buying BTC with money from your bank account.
Like it or not,the banking services are the most convenient and user friendly.I'm talking about the banks in my country.I don't know about the banks in other countries.Perhaps this has something to do with the regulatory frame regarding banking services.
Anyway,OP you should improve your English.I could barely understand what you were trying to say.
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