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2041  Economy / Economics / Re: Is corona virus crisis changing economical equations around the world? on: February 19, 2021, 12:19:14 PM
I think that there is no need to worry about the survival of large companies, because even in the event of serious problems, large businesses can count on the help of the state and the problems that arise can only affect a part of the staff that will be reduced. The sphere of small business connected with the service of the population offline suffers very seriously. The most important thing for them is to live for a few more months, when the restrictions should be relaxed.
This is where the role of the government starts because they need to make some initiatives to lift their local small businesses and maybe some tax relaxation might help. Everyone has suffered be it entrepreneur, solopreneur or any big industry and how they come out of it is what will be determined by their flexibility and how they operate in the coming time.

Most of the industries started to operate on work-from-home basis but you are right business models where offline work was potent have suffered the most.
I honestly can't tell you if governments would be willing to let taxes go or they would actually rather spend money. Normally governments all around the world are not that great, most people become politicians with not that much hate in their hearts, they "start" as people who want to help others, but eventually become really bad people by the end when they reach the top.

Taxes are the place where all the money comes from citizens to politicians and politicians could find a way to actually use a huge chunk of that money for their own good and make themselves richer, so cutting down on taxes would be unlikely situation as well, however one thing is for sure, they will want to help you instead, but that help would be very very tiny compared to what people need. So long story short, if you ever need help from politicians, know that it is not going to happen as much as you want, no matter where you live.
2042  Economy / Trading Discussion / Re: Which alerts are you using? on: February 19, 2021, 08:56:46 AM
I would like to find cases where there's higher uptrend probability.

Example: if a coin grows 5% in 10 minutes there's a very high probability that it will grow another 5% in the next 30 minutes. (just an example out of my head, nothing to do with reality)

Are you using any kind of logic like that for your trades?
No, not really, because I know for sure that the market can go any direction at any moment, even if it’s increased 5% by the ten minutes like you have said, having an increase has nothing to do with that. I don’t make use of any application, although I do have some exchanges apps that notifies me when a coin is increasing, but that is of no use because it doesn’t help, it’s just for fun lol or you can use it if you want to know a particular time to sell a coin when it reaches a certain amount.

Then there are some telegram groups that alerts people to trade, but all those things doesn’t work, even if they should give you the right alert, by the time you read the message open your exchange to make that trade it will be late, things can change at any moment. So it’s best to just be doing your analysis and trading by yourself when you think is right, based on the analysis you have made.
2043  Economy / Trading Discussion / Re: Hello 50000$... on: February 19, 2021, 08:07:33 AM
Behold guys as we are approaching another milestone in bitcoin history. 50000$ !!! I mean common man, cheer up if you have some bitcoins, cheer up more if you are planning to buy some.
That is indeed quite an achievement and who would have thought that within 1 year will will ride from 5k to 50k because last year around the same time as now the price of bitcoins crashed and everyone was talking only negative and bad about Bitcoins even some of the long term investors. I am glad we not just recovered but now touching new milestones. Being happy doesn't mean I hold millions but I know how much this community benefits when the price is rising and they deserve every bit of this.

You might want to say come on not "common" though Tongue.

Bitcoin shows if you are truly built for people, no one can stop you.
More than being made for people, I would literally salute the guy Satoshi or the whole team for making such a complex project because the idea, the implementation had to be flawless for it to work and it has been such.
2044  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum going up? on: February 18, 2021, 08:47:16 PM
Hi im new here.  just want to hear your thoughts on ETH.. its been hanging around at 1200.  Thanks
I do believe that ETH increase will be capped at around 2k levels eventually, not that it will not go up, but it will probably go up slower than others, which means while ETH makes 2x, some other coins will make x5 and that means eth will not be a good investment during that period. Of course thats something we should probably not focus on a lot of what happened, but take a look at whats going on and you will probably realize what that means.

ETH is having a huge huge problem with the gas fee situation, which makes it harder for smaller investors to use it and they leave, the higher the price went the lower number of users were left, sure the ones that are left are still rich people but they are fewer which means with one bear run they will all sell and since it is fewer people it will go down a lot quicker. At the end of the day we are not really doing that well at ETH for short term, we should find a way to make it lower.
2045  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: February 17, 2021, 08:18:59 PM
Honestly it looks like ATM will finally be closer to game gap, with this game they are at 22 and they will probably get this game as well. I really believe that ATM will manage to get things done and make the point difference into 8 points and they will still be one game down as well, so its really going to be close to championship for them.

There is 38 games and only 15-16 games are left, we are talking about over 4 game difference nearly and that is a whole lot, with tonight's win they are going to make it 3 game difference and with the other extra game they will make it 4 games. Tonight I will call ATM the new champions of la liga if they manage to win the game and they are quite good as well, much much better than a team like levante which is 11th in the league, so it should be a quite easy wager tonight and win, I will get a decent size bet on it.
2046  Economy / Trading Discussion / Re: How much would you say one could realistically make a month trading? on: February 17, 2021, 06:03:37 PM
From my own experience, I can say that I can earn almost 40-60% profit in trading based on month trading. It already proved for me that I had earned that amount almost 4 months and still I am involved with trading and this bullish market helped me a lot to make it more. Please use your own brain with others signals which you followed or maybe followed.
Earning 40-60% is gigantic considering you were not lucky and actually had the tools and brain to earn that profit within a month. You can easily double your money within 2 months and in a few years that number might be big enough to blow our minds, so make sure you are actually earning that much or is it just a feeling that you can earn that much. I often feel like I could have earned millions had I purchased Bitcoins in 2011 but that didn't happen.

I would never recommend following any signals from anyone and surprised you are saying that because you seem like a decent trader earning 40% ROI on the capital.
2047  Economy / Economics / Re: What We Should Learn From Elon Musk Influence on: February 17, 2021, 08:47:16 AM
For me there is a lot I can learn from what happened after Elon Musk tweets about Bitcoin and Dogecoin. It turns out that being the richest person on this planet can have such an impact, because it was proven that after Elon Musk shilled the two coins the price immediately skyrocketed.
And discussed by many online media around the world, what Elon Musk has done is still having an effect until now. I really hope that not only Elon Musk supports crypto, but other famous people can do the same. As more and more famous people promote crypto, it should accelerate the massive adoption of crypto.
Obviously the richest person will have the biggest impact on financial aspects because not just he is tweeting about cryptos like dogecoin but also buying himself which means the price is bound to go up. HE even went ahead and said he will pay holders if they are ready to void the big amount of coins they hold.

Never been appreciative of such moves though because the investors will suffer in the long run in these kind of tricky situations. I mean how long can Elon musk alone keep the price big for dogecoins without some development actually happening, maybe a few months but at certain point the market will crash and people will curse him.
2048  Economy / Economics / Re: The pros and cons of going cashless on: February 16, 2021, 04:41:00 PM
Cash can be extremely private and untraceable. The fact that criminals are widely using fiat with their illegal activities or transactions means it has its convinience in that area. Also, transactions with bitcoin can still be tracked, all of the transactions can be seen on the blockchain so you can't say that it is extremely private.

If you want extreme privacy, there are a lot of other cryptos out there.
There are tons of mixers too if you believe someone is tracking your BTC address and the transactions you are making. In fact there are some mixers that can arrange fresh funds for you, which means the coins are never used before and are coins which have been mined by the miners.

I believe the only problem with cash is the risk of theft because imagine you are a millionaire but your wealth is in BTC and you don't have any risk of being robbed or anything like that. While if you have cash and people near you would notice that and the threat starts from there itself. Going cashless has a lot of problems of its own like lose of money in case you misplace the private key or online scams are there who can inject virus in your system and take everything.
2049  Economy / Speculation / Re: Btc Halving Effect + Elon Musk Effect + Institutional Investors' Effect. on: February 16, 2021, 09:11:53 AM
1.   The btc halving was a major cause of btc price increase because it reduces the number of btc supply by ½ in every four years.

2.   The Adoption of institutional Investors: I have realized that btc will continue to rise and perform well as an asset due to the activities of these powerful financial entities. By extension, that means btc price will rise and the value will increase more frequently.

3.   The Elon Musk and Public Corporation Adoption: I feel this factor is higher in ordinal ranking than factor 2. With the investment of $1.5 bn by Tesla in btc and acceptance of btc as a means of payment for its product has led to the surge in the value of btc. By extension, other companies like mastercard, Amazon, Uber etc will follow such epic leadership.
First of all I would like to point out that Elon Musk and Tesla should be under the factor 2, because it’s also an institution/company, Tesla is a company and that investment should be under the number since the 1.5 billion dollars that you’re talking about wasn’t coming from Elon Musk as a personal investments, rather it came from money that belongs to the company. So, it should be that at that place.

And then as for the companies you stated in number three that are planning to or are already accepting Bitcoin as a payment method (though I know very well Amazon shouldn’t be there) , I don’t think there ones are contributing to the price, unless they are actually buying it with their cash, if not, then they are contributing to the increase.
2050  Alternate cryptocurrencies / Altcoin Discussion / Re: taking profit can be hard sometimes. on: February 15, 2021, 08:01:22 PM
yes, I think every investor before investing in any coin must be the result of their own research and also have a sales target that they have set in advance. but in many cases it doesn't always work, especially when the price of the coin goes down people start to panic and sell at a loss (although it's not all like that), some are impatient and sell as fast as possible etc ...but for me personally when my coins go up then I will sell some and use my profits to invest in other coins.
Research helps no doubt but even the best tokens must be sold at the right time before they gradually become useless. Then there are coins like dogecoin which are going to the moon solely because of the support it got from Elon Musk and no one could have predicted the growth of dogecoins no matter how much research one does.

It is really hard to take profit if you aren't satisfied with it and you are greedy.
I would actually say being greedy is a good within the crypto market because to get the maximum out of your assets you have to be greedy and extremely confident in your decisions and investments.
2051  Economy / Trading Discussion / Re: Big Dump on: February 15, 2021, 07:24:29 PM
I started selling. I was confused is it good to exit and buy low later.

My buying price was also good and investment  not much.

I was in a loss of around 300$ almost

It started gaining i stopped. Selling and decided to wait for it to come back. I am in 300$ loss currently  Total  investment  was 689$ all in spots currently.
I believe that if you wait for a big fall and buy later, you will probably make a good amount of profit. Of course it is a long wait, and it is going to cause you to not be in profit too much for a long time, but when you do that and you wait for a long time, you are going to end up with a good profit years later.

Of course it is not a great situation to be in, nobody would want that, everyone would want to be in profit right away and not wait for years, but that is the best way to profit I know.

Price is at 50k+? Just wait for it to drop under 30k, even 20k if it goes there, and buy it there, and wait for few years, and it will be 100k+ eventually, that would turn your 700 bucks into 2k+ dollars for sure. Now of course there are riskier and better things but it is not really that common and I do not think that you should take risks when you do not have too much money.
2052  Economy / Trading Discussion / Re: what do i need to be a successful trader ? on: February 15, 2021, 06:46:13 PM
i learned about
Japanese candles
classic analysis
EW theory
harmonic analysis

and about the Indications, i learned how to use  
RSI
MACD
stoch rsi
and volume profile

should I add anything to this?
These are all great technical analysis but you have missed one important part of crypto; everything is about luck.

Why luck plays such a huge role in crypto? Because it is not a company so the price is not tied to anything, on a regular company you could have profits that causes the prices to go up whereas in crypto everything is based on what people want. And at the end of the day we are not entirely tied to anything that would help you with TA, sure it is a helper but it is not 100% connected to it.

This is why do your TA but know that anything unexpected could happen, some rich person could buy 1+ billion dollars worth of bitcoin and increase the price when TA says it should go down, or some rich bitcoin whale could sell 50k+ bitcoin in a second while TA says it should go up. This is not common, it doesn't always happen that way, but you should be ready for those anyway.
2053  Economy / Economics / Re: What We Should Learn From Elon Musk Influence on: February 15, 2021, 06:07:40 PM
first time when i see that , i just wOw , the richest person just come to the party, even he created a new party , but , well , as the time goes, he kept doing it, isn't that strange ? i just believe he a smart guy , and i just believe this wasn't a spontaneous act that he just did , firstly probably i just too much thinking about it, but well , i am wrong, TESLA just bought huge amount of bitcoin yesterday.
It is a feeling of pride for me when I read a guy who is supporting and even pushing Bitcoins is now the richest guy on earth. There were times when big guys used to call Bitcoin as a bubble. His recent actions are questionable as of why he is support doge coins so much without any logic behind it but I trust him he is doing for good cause.

What we need to learn from Elon Musk influence was the thinking outside the box because believe it or not he is the one who is having an interest in bitcoin and cryptocurrency, he is seeing another point of view on bitcoin and another thing is that the good opportunities that might give to him by investing in bitcoin and as well as making it as a payment method for them. The attitude and the positive thinking was the great thing that we need to acquire from him.
Yeah, his ability to think into multiple directions because any billionaire or rich guy who not even think or consider understanding what is Bitcoin and how it works but Musk has that attitude to learn and invest into multiple sources. Even being so rich now he is still investing into new coins like doge coins and recently Tesla bought a big chunk of BTC as well.
2054  Economy / Economics / Re: Does Bitcoin Help The Poor on: February 14, 2021, 09:27:53 PM
Just as Bitmover said, it’s helping the mid-class people, and I will also add that it is helping the rich to get richer. And the point where you said that it provides a means of income, do you mean as an investment? If that’s what you mean, then, because it provides a means as an investment. If not that, I don’t see any other means.

Some will say that it is free money, but I don’t agree with those words. The only way it can be free is through faucets, but you and me knows very well that you’re not going get anything meaningful through that.
2055  Economy / Gambling discussion / Re: Football Transfers Speculation, Odds and Predictions on: February 14, 2021, 08:56:53 PM
It is fine that Bayern got one of the best upcoming defenders in the world, if you find a player and you convince both the team and the player you can get anyone, however it is really horrible that they got him for such a cheap amount from one of the richest clubs in their league as well.

Not like Leipzig needed the money asap or they were bankrupting, this is RB we are talking about here, they spent more money just on building the team with grounds and so forth, it is really sad that they allowed Upamecano to leave for a wealthy 42 million euro, which is a lot for you and me but it is really nothing for these clubs. I was expecting him to be at least 100 million honestly, not because he deserves that amount right now because he is not THAT good but the kid is just 22 years old, so you may pay 100 million now but use him for 10+ years which worths the extra amount.
2056  Economy / Gambling discussion / Re: Newbie gambling sites on: February 14, 2021, 07:57:16 PM
If you are newbie player you should to try to play to the Primedice and Stake.come this two gambling sites I gave is proven tested because it's operate more than few years now and they have a lot of promos and giveaways that you can enjoy once you are playing to their sites. But I recommend to you to explore different gambling sites but make sure that you gonna search their feedback or legality because they have gambling sites have bad feedback and that is need for you to avoid you should pick for the majority of recommendation that you gonna get here in this thread because we recommending what we think is better for you.
Primedice is great no doubt but they have a single game only which makes it boring, instead stake is quite good and bitcasino have a lot of slots games and might be worth a try.

My opinion would be, for sports you must visit sportsbet.io because they have features like bet builder and no fees on withdrawals and deposits also have the best odds with the help of boosted odds.

For casino, stake is the best choice because of their VIP program and their bonuses which are based on wager. But they offer no rakeback or free bets for sports betting so I would never recommend them for sports betting.
2057  Economy / Economics / Re: The recent rise in prices, temporary or more long term? on: February 14, 2021, 07:15:54 PM
In my opinion the upward price action is caused by institutional investors' interest in Bitcoin. Some people who were skeptical about Bitcoin recognized it potential only after PayPal announcement.
Paypal helped for sure as the first catalyst but the price has more than doubled or even quadrupled which means Paypal is not the only reason and yeah many new investors have started investing in bitcoins which has definitely helped. Elon musk became the richest person and since he has always been involved into cryptocurrency in some way or the other like how he did with his twitter which I believe must be another big reason along with their 1.5 billion crypto investments into cryptos.

It is going to be a infinite cycle like success of one's involvement in crypto will lead others to get into it and this way many people may join us on board in near future and FOMO due to this, will do all the other positive things for bitcoins for sure.
2058  Economy / Economics / Re: Waiters/Waitresses/bellboys etc just lost their jobs on: February 13, 2021, 08:29:30 PM
I was doing a part-time job to survive and complete my graduation.
Tragically I lost my employment because of the pandemic crisis. I am lucky that I am a part of the bitcoin community and procuring more than the low maintenance occupations.
The majority of my companions begin looking for employment since they couldn't satisfy their obligations and without work, they can not endure.
Unfortunately there are a lot of people who lost their jobs because of the pandemic, all around the world as well not just in certain places, there are hundreds of millions of unemployed people in the world right now and that is a real crisis.

Certainly these robots do play a role in there, not these specific ones because they do not really matter but there is more automation in the manufacturing for example, and there are more automation in many other places (highest is manufacturing) and that causes people who would work there to go find jobs somewhere else and people who work in those other jobs have more competition as well which means even if you weren't interested in working at manufacturing, you could lose your job because some manufacturing guy became waiter because his job was given to some robot. At the end of the day it is not easy and the future doesn't look great neither, be glad that you are in crypto and ahead of the curve.
2059  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum ATH just surpassed $1440 and dettached from BTC's price coupling on: February 13, 2021, 07:47:47 PM
The price of Ethereum did make it past $ 1440, but now it has dropped again to $ 1,300. It is not easy for the price of Ethereum to continue
to rise, moreover, the price of Bitcoin is also going down, at least affecting the price of Ethereum. Because as we all know the price of Ethereum
always follows the price of Bitcoin, but I am still optimistic that this year Ethereum can reach the price of $ 2000. So it's still HODL our Ethereum,
don't panic seeing the current Ethereum price decline. Because the Ethereum price drop was only temporary.
You have made a good decision 2 weeks ago, the price did dropped but now its over 1.8k and its going very strong. In fact I think 2k is not ambitious enough for ethereum price neither, I think at least 3 or even 4 thousand dollars could be reached, it will take a while and it will be difficult to reach there, but I think it could be done.

This is why I think it is going to be amazing for all of us to hold our ethereum, when we hold it the price can't drop too much, if everyone holds their ethereum that means there is no sell and price would keep going up but we know not everyone can hold, yet we can at least make sure that as many people as possible could hold. This will only happen if people think that the price is going to 3-4 thousand dollars, if we can show the people that it should go there if they hold, they will start holding more and selling less.
2060  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Elon Musk's Tweets... on: February 13, 2021, 03:23:05 PM
Elon turned out to be a speculator. Even in spite of the fact that he has a huge amount of funds, he still manages to earn even more. Or maybe Satoshi Nakamoto is Elon Musk?
I am not entirely sure if he is a speculator, it is more of a feeling of narcissistic approach if you ask me. Realistically speaking we are in a situation where Elon writes anything about bitcoin or doge and there are thousands upon thousands (tens of thousands, nearly millions) people who show him love, everyone says how they love Elon and how he is a genius for buying crypto and etc etc, basically make him feel good.

Now if you are a person who likes that kind of thing, and just do things that makes people love you, have zero characteristic of your own, buy crypto if people love you, and sell crypto if that will make people love you even more, just do whatever people will love you for, that means you are narcissistic and Elon is a huge one. That is why he is doing all of this, he doesn't care about money at all, he has never cared about money once in his life.
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