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2021  Economy / Economics / Re: Firefighters pension fund invests 25$ million in crypto on: November 12, 2021, 07:27:16 PM
Even though Bitcoin might be regarded as a high risk investment, it is good for these pension funds to take some risk for possible high returns. The 0,5% investment of the total Pension fund is hardly a drop in a ocean ...so a total collapse in Bitcoin will not even hurt it.

The $25 000 000 investment can be one of their best decisions in a couple of years... or it can go to zero. (I have seen 800% profits on my Bitcoin investments, so I am very happy with my decision)  Wink
this is a pretty good thing even if it's just a drop from the ocean as you say.
on the other hand to be 0 I think it's very impossible to happen but seeing you have made such a big profit is one of the most extraordinary achievements and I am also motivated by what you do with such profits.
Of course this requires a long process and time, but I will not skip this process because it is with a process like this that makes us have a good achievement.
In crypto, if you don't take the risk, then you will never experience the profits you're always dreaming of. But the firefighters might be so brave and even fearless that they are taking such risk with a very huge amount of funds. If bitcoin price will bloom in the future, then all of them will be possible future billionaires in the making. However, if the value ends up very low which i think will always be possible with such a volatile coin, then they should start accepting the fact that they have made a very bad decision once in their life.
2022  Alternate cryptocurrencies / Altcoin Discussion / Re: How can we avoid scams in blockchain? on: November 12, 2021, 06:49:14 PM
There are many projects and each shows users big plans and ambitions. But as practice shows, not all projects keep their word and people often lose money by investing in the wrong project.

Recently I came across a project that was created to solve this problem - CheckDot. They have a nice strategy for checking and verifying projects, which seems to be useful.

What do you think about this problem and what solutions do you see?
I need to confess here that due to my incapability to find out what are the legit projects and what are the potential scam projects, I started to stay away from altcoin investment and this industry. Because, this is the only way I believed that I could avoid scams in this altcoin investment opportunities. Honestly these days scammers too smart and intelligent hence you cannot easily spot out any potential scam.

To find out one good and real investment opportunity in altcoin investments, you must need to to diversify your investments into more than 10 different projects so that you might get at least one good opportunity. This way there will be no guarantee that you will get back 2x or more. So, I decided to stay within only bitcoin investments.
DYOR will always be the best solution you are looking for. If you find a good project but you are still uncertain if its legit or not, then always do legit check through making consistent research. However, investing in projects you are not really sure of will always bring a lot of risk and pressure since you are putting your money with no definite result. Maybe staying away from altcoins and focus on bitcoin is what you need to do for now since you cannot manage the risk in altcoins.
2023  Bitcoin / Bitcoin Discussion / Re: No one can continue ignoring Bitcoin on: November 12, 2021, 06:11:12 PM
Maybe those who are still sitting on the fence and ignoring Bitcoin are waiting for the day Peter Schiff and Warren Buffet repent of their hatred for Bitcoin to join the train. It could be late then. Even China will one day come to regret all her actions against Bitcoin, instead of taking the lead on that.

I think those who really don't even understand what Bitcoin is should simply look at the blockchain tech to realize that Bitcoin is a whole paradigm shift in this dispensation. To that truth, those who are still skeptical are likely going to end up shooting themselves in the foot by their inaction now.
If you know bitcoin well, you can't stand ignoring bitcoin because you know exactly how valuable it is right now, and so a lot of people have been craving even a single bitcoin. However, if you are on the contradictory side of bitcoin and are still skeptical if its value will certainly grow, then you might regret your decision in the future. If all big names are already investing in bitcoin, then how come you are still not fixed with your decision believing that it would still end up as a ponzi scheme? Anyway, it will be a huge loss for you then.
2024  Economy / Gambling discussion / Re: [Boxing]: Terence Crawford vs Shawn Porter - Nov. 20 on: November 12, 2021, 01:26:24 PM
^^ Not sure if they can reach at least 1 million PPV buys though. The Alvarez vs Plant peaked around 800,000 million buys.

So I would say that maybe the max of this fight can reach is around 500,000+/-.

But still this is a good numbers if they hit that numbers as we are still in the pandemic era and maybe there are people are still not willing to pay that steep price.

Exactly, that fight of Canelo vs Plant is a historic fight, so that's expected to gather the crowd, so maybe we will lower the estimate on this fight, I'm even doubtful if they'll reach 500k subs since Crawford is not really sell huge PPV views in his past fights.
This is the problem if the fight is near to the one popular event , the chances of gaining views and bets are lowering because the recent will surely took the place.
and also the popularity of these boxers are not that High in terms of fans and support , also there are some great fights to come after November and like me i would rather Bet on those than this one.

There's no problem with bettors as they'll put their money once they are interested on the fight and if they believe they can predict the winner correctly. We are talking about the PPV sales which I agree with you that this is less popular compared to the fight like Canelo vs Plant but I'm sure people will be also interested in this since this is a good fight and Crawford is gonna face a tougher opponent.

Bob is optimistic that this fight will get a good number of PPV.

https://www.boxingnews24.com/2021/07/crawford-vs-porter-could-bring-in-strong-pay-per-view-numbers-says-bob-arum/

Quote
I mean, look, Mayweather Promotions. They were jumping for joy after Gervonta Davis recently brought in 90,000 buys for his fight with Mario Barrios last June. If Crawford vs. Porter does 200,000 pay-per-view buys, they would be more than doubling Tank’s buys for the Barrios fight.
2025  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: November 12, 2021, 12:01:00 PM
we're on the upcoming new season again.
It's not actually a new season but a new conference, we are still in the same season.

But anyway, it's not important how you call it, what matters is finally we will see the new face of a team with their import and import plays a vital role on the success of the team since they are usually the ones who will carry the team to win.

This is also a chance for a weak teams to get better as long as they get a good import.
2026  Economy / Speculation / Re: How far can bitcoin price correction go? on: November 11, 2021, 11:48:08 PM
We can all notice the ongoing price correction of Bitcoin and the fact that price does not continue in a straight line. What do you think Bitcoin's Price could be corrected to? I mean, what do you think would be the minimum price Bitcoin gets to, before going back to $52k price again?
It is difficult to predict with certainty the price of bitcoin, but many people believe the correction will recover in the near future, the correction that occurs to bitcoin is actually not that big this month, so there is nothing to worry about excessively, the occurrence of corrections is something that often happens in the market, it is a sign that the coin has stability compared to other coins.

Bitcoin still showing good bounce back, that small corrections few days ago are slowly being recovered and now it's moving again
to reach the last time high, playing between $60K-$62K not bad after falling to below $60K.

With the current market it shows that bull dominated back the bear after that attempt, good for every traders especially for those who are shorting the market.

That small span back already provides them profits, small but assured gains.
If it is possible in the long term it will be even more profitable, but conditions like this are usually only investors who have the power to invest, while we are only able to collect bitcoins in small amounts, and even then it is not worth the profit we will get, the correction to bitcoin is actually not too dangerous, compared to the correction that occurred in altcoins, but unfortunately we can not take advantage of the condition of bitcoin to make investments.
Not too dangerous for those who do held of for long term but for those who do love to play with volatile price then this is where things do become different.

Correction could go into some certain extent and speaking with correction we could really have that crash thing on the market too which some people do see it as the end of the world

but for some its already an opportunity for them to buy cheaper coins.It is on someones own perception on how things should be done according to the situation.
If holding on for the long term is actually something that can guarantee a large profit compared to the short term, but this must also be based on the initial purchase price, if the purchase is at the highest price, then a long time will determine how many years you have to wait, the opportunity to buy At low prices, you must pay attention, if you want to make long-term investment patterns, if you play at fluctuating prices, this will be dangerous in my view.
There's no guarantee when it comes to profit with crypto investment even you do say you do stick out with bitcoin.This isnt something you could compare because even traditional investment doesnt really talk about being risk free.There's always an accompanied risk on any decisions you do make.
Corrections could go as far on those levels which we didnt really anticipate for it to haopen.Thing here is you do know on how to buyback
when it cheap and sell when it do pump.
Price corrections will always happen even if the market does not show any hints but as long as the market stays volatile, there will always be price corrections that will create price changes in the market. With bitcoin, price correction is far way better because it can make the price even reach another high price after that. But for some not reliable crypto coins, price corrections will always pull them back. As long as bitcoin continues to be bullish, even how often price correction appears, it will always recover and moves up again.
2027  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which altcoin would be next gamechanger? on: November 11, 2021, 10:57:54 PM
For coins with prices that can still be affordable but still have potential, then Dogecoin and Fantom are good to choose as investments. For the token category, Shiba Inu can still be used as an investment and will not be in vain even though many people think of Shiba Inu as a token that does not have a good future.
I still see a huge potential on SHIBA especially now that it reaches the dip, I'm sure it will recover so this could be a great opportunity to buy same thing with DOGE since we didn't see any huge pump with it, so maybe they are just waiting for another momentum. Its hard to see what's the next token to pump, its a matter of risk for me so if you really want to make more money, do grab good projects and be willing to lose money.
Yes. Even if it means investing into meme coins as they are more profitable today than those other coins in  the market. Well, there's always good chances that meme coins will have a bright future since they are really making great demand from the community. Just don't think that they can easily be affected by some major dumps, maybe in the future they will make a real usage so their value will not just depend on hype, and once the hype is over, they'll be over too.
2028  Alternate cryptocurrencies / Altcoin Discussion / Re: Investors desire on meme coins are insane on: November 11, 2021, 09:37:59 PM
I don't have much experience with meme coins, other than eth or btc only doge helped me a bit..
and from there a lot of meme coins came, and I myself was a little unsure and didn't have the courage to take the step of buying or investing in meme coins..
.one of the reasons, I look for a safe point and reduce the risk of excessive losses
That could be a good reason I'm also of the opinion that meme coins won't last long and it's just following the trend that's coming but if anyone dares to take investment in meme coins of course they will surely get huge profits.
Coins are always in high hype up to thousands of percent of those who are not tempted by meme coins, there will still be a big risk of many coins being scammed among the meme tokens that have sprung up.
But you stick to the initial investment in btc and eth it is indeed quite promising that for now the price has been better than the previous year.
Its not surprising really why many of the investors nowadays never hesitate to invest in meme coins because they can really gain big profits higher than other coins. But the problem is how long will you keep making profits from those meme coins. Well, seeing they are in big hype this time, they are still bound to reach higher value but when this hype will be over, meme coins will definitely lose their value and just like shitcoins, they might not recover again in the future. Maybe we can invest in meme coins for now but definitely with high caution because they might easily lose their value anytime.
2029  Economy / Trading Discussion / Re: How do I not lose money in trading cryptocurrency? on: November 10, 2021, 11:13:46 PM
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
Perhaps, it was for us also to understand that the volatility of the market makes every trader have a bigger chance to lose than to make a profit, that is the reality and we can't avoid that. Even we can say that we are knowledgeable enough, we have the skill, in fact, even experts have also lost some but they are able to recover it in the other trade. How about us, newbie? Definitely yes and that you are right saying invest/trade only the amount that you can afford to lose.
If we consider experts still losing in trading with how many experiences they have been, so how much more with newbies who still lack of knowledge and experience? Newbies have more chances to lose in trading than making profits and its always like that since they are still adjusting in the market. But as they gain more knowledge and skills from trading often, they will also start to slowly recover all those losses in the past. And eventually, when they become good enough, they can start to maximize their profits than committing losses most of the time.
2030  Bitcoin / Bitcoin Discussion / Re: What's your strategy to carry on making money when Bitcoin turns bearish on: November 10, 2021, 05:09:38 PM
My strategy is to make money by my every day job.  The important thing when it comes to finance and your portfolio is to make sure that  you are well diversified.  You don't just have to try and make money in the cryptocurrency markets, there's plenty of money to be made in the traditional markets.  If bitcoin turns bearish, the likelihood is that most other crypto stuff will as well.
If bitcoin turns bearish, then the whole crypto market will definitely become bearish too. And by that time, mostly there's no big activities that will happen in the market because most of the investors have been taking their breaks and enjoy their profits with the previous bullish season.

However, since majority of the coins are dumping their prices, then its a good time to buy potential coins that will be added in our portfolio. For me, bearish season is the best time to buy and hold those high potential coins that will be very profitable after long term of holding.
2031  Economy / Speculation / Re: How do you explain the October pump? on: November 09, 2021, 09:41:45 PM
Usually the market will skyrocket at the end of the year and like a few years before the start of the bull run was in October, I was happy to see the price of bitcoin can pass ATH in April, and this will make the holders optimistic so that they will continue to buy and make the price of bitcoin continue to skyrocket.
And its more likely that we will witness another ATH for bitcoin before the year ends. As it price continues to be more expensive, then its becoming even more popular and its huge demand keeps increasing too. All this rapid pumps has started to appear in October, although this happened also within the previous years for crypto as its always seen in the last quarter of the year wherein bitcoin starts to reach its new all time highs. But with this present year, not just one ATH or maybe two or three ATH that may be possible for bitcoin to achieve. If you want to ride with this pump, its not still late to invest in bitcoin knowing it will always tend to move up despite of the market price corrections.
2032  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: November 09, 2021, 01:02:32 PM

Arwind is 40 years old already and they don't want that he will retire without any exchanges. Maybe that is the reason why they traded him.
Even Coach Austria admitted on one of the interviews that the so-called "Death 5" is aging already thus, they will make moves in the future whatever happens. This is one of the moves that he is saying. TNT is a strong team with a great coach and with how they've performed last Filipino Cup, I bet that they are still one of the picks in winning the championship coming this Governor's Cup.

SMB will always be one of the favorites to win a championship as they have the best player in the PBA which is JMF. He could be healthier next conference and he really needs that as there are imports that are more aggressive and more dominant, so if JMF's presence is felt, then SMB will be more successful next conference, and who knows, they would probably win a championship again.

They are for sure but next season it will be the Barangay Ginebra because they have Justin Brownlee who always delivers good results for the team. I am so excited to see the PBA start this month, and I hope to see a competitive race for the best import too. Fajardo will probably improve as he continues his training and conditioning himself to get back to his oldself, we can bet on that.
2033  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Has Shiba Inu a bright future? on: November 09, 2021, 09:20:43 AM
Hello,
I have some questions about the Shiba Inu:

1- Is it OK to buying some Shiba Inu tokens?
2- Will Shibarium Blockchain cause the Shiba Inu pumping?
3- If I convert Ethereum to Shiba Inu, then it give me more profit?

Thank you.
Of course it's okay if you buy Shiba Inu tokens because it's everyone's right to buy them. Shiba Inu is also a token that can provide benefits just like any other token on the market. If you convert Ethereum to Shiba Inu, that makes me think it's a bit odd, because almost everyone wants to get ETH as an asset.
No one's gonna decide on your own money but only yourself. So feel free to buy Shiba Inu as much as you want. But i really think that it will never be a good decision if you convert ethereum into Shiba because it's like risking your own investment as well. Etherem is a solid investment, while Shiba Inu is just profitable at the moment because it is hyped. And once the hype will be gone, your profits will be gone too. But if you still decide on taking the risk, i suggest know when to make the best exit as you will not be facing huge losses in the end.


2034  Economy / Speculation / Re: JP Morgan: bitcoin could hit $146,000 on: November 09, 2021, 08:16:04 AM
It is not about Bitcoin could or could not hit $146,000. It is only about when. It is only a matter of time before Bitcoin breaches $100,000 and then on to $146,000 and beyond.

But the interesting thing here is not the price prediction as it is a given that Bitcoin will reach it. It is the fact that the one predicting it is a giant banking institution. This is a signal of how bullish Bitcoin even banks believe in its potential. Nowadays there is no reason to doubt Bitcoin anymore.
Right. And with its high volatility, its not surprising that bitcoin will definitely hit the target in the near future. Though this prediction is still a big question when this will happen, but knowing JP Morgan, this is more like of a market manipulation same with what Elon Musk did before. But for me, this isn't new as almost all of us are predicting bitcoin value to reach a very high and valuable amount. And with its increasing huge demand basically from big institutions, this will be more reachable maybe in the first quarter by next year.
2035  Economy / Economics / Re: There are many online jobs out there. Crypto Opportunity. on: November 08, 2021, 09:55:43 PM
There are lots of course you could take online for programming sir where you can land a work to. Just like this one https://www.coursera.org. They offer free course for programming that you can apply a job to at Freelancer.com or even here at this forum at Services section. Or learn about developing a website. It is in demand these days specially that lots of projects are emerging that needs this. Also lots of projects that is related to crypto is available at crypto.jobs
Just learning and then finding jobs alone will not make you happy because you must need extra income along with what you are getting from your job. It means you must need your money to be working for you. This way bitcoin investment alone will be biggest opportunity these days for anyone to be into any kind of job with any level of payments.
If you want to make more money online, then don't only look for a job but also make an investment too. Like for example, you work on this forum and at the same time you are also buying and filling up your portfolio with potentials coins, and by holding them for some time will definitely give you profits more than you can get from your job. When you see good opportunities around, don't choose what is best but rather indulge yourself into those opportunities and for sure, you'll get the best rewards more than you can imagine. Hard work pays off in the end.
2036  Economy / Gambling discussion / Re: [Boxing]: Casimero vs Butler ordered by WBO on: November 08, 2021, 09:34:11 PM
Basically this, as much as I dislike promoters due to the fact they delay and some times are the main obstacles for the fights we want to see, they know their business way better than we do, if Arum needs a bigger share of the purse for him and his fighters but he can make the fight bigger with his promotion then that 30% for Casimero can become higher than the 50% as he uses his influence to hype the fight, and if the purse is too small for him then he will reduce his investment in the fight in order to become profitable which will reduce the profits for both fighters.

Only Casimero's camp could answer that, if the fight will be realized then that means they agreed with the sharing, the deal is close and they will start training. 30% might be small if we look at the percentage only without analyzing its amount, so what if the fight will generate a lot of money and 30% would result to a serious money, I think Casimero's camp would still be happy with what, and will be happier once he wins the fight.
2037  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Caleb Plant on: November 08, 2021, 09:09:20 PM
^ Not just in round 11, but early one Plant hit him flush in the face, lol, Canelo just eat it up like nothing and keeps on attacking. I'm not sure what round it is, but that's where Caleb stays on the side and then doing his shoulder roll. Canelo has a granite chin indeed, Lol at the Thanos meme for Canelo, but he looks like Thanos in the ring.
This is why right now he is the best pound for pound boxer around the world, he is simply great on all aspects of boxing, he has a great chin, endurance, stamina, technique, punching power and he is on his prime, Canelo will probably fight one or two fights as the undisputed but I think he needs to move to a heavier division as he will earn  more money that way and he will have the chance for even more glory, as right now the only thing he can do is to defend what he has gained and cannot obtain any more belts.

Defending against a weaker opponent, I think he would just win in the end and everything will be easy on him. A real challenge in on the heavier division and if he can still become an undisputed champion which might be possible, then I think he would still create another history in boxing.

Canelo is probably the best boxer right now, and since he is still at his prime, he needs to take the challenge by moving up in weight. He can definitely have more fights and more money, so let's be optimistic with our speculation that it will come to reality, right now, the man deserved a rest..
2038  Bitcoin / Bitcoin Discussion / Re: Reason why businesses should accept Bitcoin payment on: November 05, 2021, 08:47:25 PM
in the future, for sure all businesses will adopt crypto payments but we must also be aware that the volatility of the bitcoin price will make many businesses owner add other options for payment via other cryptos besides bitcoin payment
When more number of people and business will be adopting bitcoins then there will be a possibility for having less volatile in bitcoin markers. It means bitcoin may rise up over the time due to its limited supply but the domination of beer markets might get diminished when more people are participating in one or other way.

When bitcoin will be having slow and steady bull market and very rarely bear market then merchants will love it to be accepting for their businesses.
No matter what we do, it can never change the volatile nature of the market. Even we would say that it lesser the volatility of the market Merchants will adopt the system if they want but this never gives them safe especially when they are mishandling their funds.

But there is one thing that could encourage them to adopt and accept Bitcoin if they know that this has been supported by the government and legally allowed as money tender in addition to fiat money. As in their mind that they were secured when the government is backing it up and they know that they can ask help if there is something wrong happen with them.
2039  Economy / Speculation / Re: How much would you like to see Bitcoin priced in 2022? on: November 05, 2021, 02:45:18 PM
In this year, bitcoin has hit the New All Time twice which means bitcoin has a great chance to go higher. The momentum for a significant price increase is strong enough to break through the next resistance level. If the market continues to be bullish for at least the next few months, then the bitcoin price could potentially hit $100K early next year.
I think, we have all been hoping for the next year's journey of Bitcoin and we've probably thought of hitting $100k. With the current performance of the market, as I look in general, it can be more possible or even higher from that. And what helps this possible if we all be willing to hold during the deep coz once panic selling hits again, obviously it creates a downtrend and we all suffered losses and frustration. I hope it won't be like that and investors, especially novices that they will have to keep strong and be mindful of their decision.
2040  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can SHIB rise to 0.1? on: November 05, 2021, 02:01:32 PM
I hate the word impossible most especially in crypto space, if a coin will ever be great no one can saw it coming and a coin that looks so strong can actually fail in time as well, I've seen enough in this crypto space so I can boldly say that anything is possible, shiba is down doesn't mean it won't ever go up again, shiba has huge whales currently but Ethereum and others have twice more whales too, just because someone hold large amount of the token doesn't mean it's the end
It is a sort of optimism but apparently, although we can say it was possible, yet we can't deny that this project has a huge market capitalization that could help the price not to go up like ETH and some other known altcoins which has a lesser amount.

Maybe you have to believe that impossible really exist in the crypto market. Quite discouraging but much more to be realistic than getting fooled by our hopes and beliefs. May Shiba Inu will have a huge pump but not that close to reaching $0.1, maybe $0.001, that have the possibility.
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