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2061  Economy / Speculation / Re: to sell or buy BTC? on: January 10, 2021, 05:56:12 PM
what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

Hello
This is the most popular question now a days. Since the price is rising drastically people assume that it's going to fall as fast but at the same time the tweets suggest otherwise. I do believe :
It's a personal opinion.
If you want to hold for the long term that means even if the price decreases you can easily encash them later in the future but right now if you think you cannot afford to loose financially then you should sell.
So if you can hold: then HOLD !
If you cannot for the long term and your financial situation is bad : Sell!
It's better to be safe than sorry ! Is what I believe in. Plus you have to analyze your financial situation too , how much you have saved up and how much your family needs therefore it's all on you. Best of luck !!
Make a good analysis and keep a track of the market!!
2062  Economy / Economics / Re: This last rally Leg has been also bought by retail? on: January 10, 2021, 05:01:14 PM
Does you know why Grayscale stop buying bitcoin?

Because of the holidays, presumably? Unlike us retail-coiners, businesses have business hours Smiley More interesting would be at which point they continue investing, assuming they haven't done so already.

They are just waiting for the price to go down so that they can buy at a better price and then sell them at a higher rate to make profit.

The coming days will answer your question. we have not witnessed real corrections since we broke the $ 20,000, which is a matter of confusion.
I don't think there is enough money to keep demand high and the price increases.
The positive point is the stability of the price, not as it happened in the year 2017, where the collapse was rapid, which means that we may reach a real evaluation point at 30,000 + or _ within a short period of time, and we may find levels of $ 70,000 in the future.

Does you know why Grayscale stop buying bitcoin?

The correction might not happen , we didn't think about 40k did we ? But it did happen so I believe we won't have such an aggressive correction since the media is flowing with the 100k margin and people are panic buying.

As long as the people hold and the investors continue to pool in it we will have no problem maintaining the stability during the pandemic.

I think the aggressive buying is due to :
Government being foolish, giving excessive stimulus , riots , bad handling of covid cases etc ...they just presumed that soon enough we will have a very bad situation in all the countries and they at least need a stable thing like bitcoins. Even if it's Volatile the government cannot harm much now.

They are just keeping their companies safe and trying to make sure they don't lag behind.
2063  Economy / Gambling discussion / Re: Gambling advertising monitored closely on: January 10, 2021, 04:19:39 PM
That can't be avoided due to a lack of knowledge of the gambling operators themselves regarding gambling gambling-related advertisements and what are the allowed materials and subject to be used.

And sometimes, the regulators itself is the problem since maybe they are not strict on that matter.

That's ended up now to the public to report those inappropriate gambling advertisements.
No,  it doesnt talk about lack of knowledge because its impossible for them on throwing out those kind of ads without having any consideration or double checking.

They do just want to set out which is more attractive and  doesnt care on what would be the thing that can affect in a certain age level of possible audience.

This is where appropriate thinking can really be seen and if people who do watch out do see it on somewhat already overboarding then its normal for it
to get some complaints.

Indeed but what I was wondering about is :

How small would the kids be that they need to actually use stuffed animals for things like this?

As far as I know I stopped using stuffed animals when I was like 9-10. Isn't this weird ? What age group are they trying to appeal to?

I do believe this was the reason they did have to remove this advertisement.

Plus at the same time if we let them run unmonitored then for sure in the future we would see worse things. People will blame the whole industry and not just them. Therefore it's not good for everyone.

Plus some people said **Karen Reaction** this is why I felt it's important to understand that what's RIGHT is not always A KAREN reaction.

Even if a kid see this and gets interested maybe 1% he might try and go online search for this particular game and see how it goes. You think that alright??

This is a typical example of an over reaction from some "Karin" (moaner) out there, because even some Adult people like stuffed animals. Just look at movies like "The Happytime murders" for instance, where puppets are used.  Roll Eyes
-snip
I think so too. just like what I said on my first comment. I've seen porn advertisements that use stuffed animals. I've asked the OP for a link that could lead to the supposed advertisement that uses stuffed animals so I can decide for my self if the advertisement really does try to attract kids to gamble. I am all for trying to prevent underage gambling but there are times they are just going out of hand making an issue out of something that isn't supposed to be an issue.
I made a little research and their paid advertisement are being shown on Facebook which we are aware that a lot of minors nowadays are into social media like Facebook. Compared to porn ads that use stuffed animals, I don't think they advertise it on Facebook (I haven't seen any before) or they probably have age restrictions.

You can see a screenshot of the video advertisement with stuffed animals here
Link:
Code:
https://www.bbc.co.uk/news/amp/business-54709956

Yes exactly !!
People are not Karen always if they try and protect their kids or maybe someone else.
2064  Economy / Economics / Re: Stinulus go big or go Home on: January 10, 2021, 03:38:13 PM
See I am not against this agenda but at the same time it's psychologically affecting the mentality of people. People think they will be paid by the government for doing nothing.
They didn't cancel the student loans but they decided to pay more than enough to everyone. Now I he problem is, people don't have money because of riots , no jobs , I heard a person tell me that **she didn't want biden because trump didn't implement lockdown and because of lockdown we people are getting depressed**
Now what's wrong with this is :
Lockdown is essential
People need vaccination
They need jobs not just money
NO! The vaccination won't make you an alligator !!
Printing more is devaluating the government itself. Biden have no choice here since people are now revolting. They are creating problems since they want that the money keeps on coming. This cannot happen. They are forgetting about the poor and the needy people too.
It's not even affecting their professional like , it's also affecting them mentally.

Plus bitcoins don't need any stimulus to increase it's value. Trust me. We all been there During the previous all time high. There was no stimulus back then.
2065  Economy / Gambling discussion / Re: Do you ever bet on SRL events? on: January 10, 2021, 02:17:36 PM
SRL was introduced during the covd19 from my little knowledge and it's similar to that of virtual soccer with attractive odds, I won few time placing a bet on SRL it's very unpredictable so my favorite bet option was over goals and BTS option if you bet based on the odd and favorite team you are likely going to lose bets. SRL is pure luck

It indeed is. Look at their description :
{Taken from google}
From betcoin.ag

Quote
Simulated Reality Sports Betting
Simulated Reality Sports are an AI driven product, featuring seamless matches which are as close to real life games as possible. Our SRL football matches take historic information from over 50,000 games to create realistic events based on statistical data.

Some might be arguing that it's pure luck and so on but aren't all the matches pure luck.?
I do think normally we do know the players , the team and we are more aware of what might happen in the long run but here we don't know anything. It's like placing bets on a robot which learned from all the football matches there ever was.

I for real don't enjoy SRL . It is indeed something that might be left for the gamers , they might like them but fo starters the matches even if they are fair we as a person don't even know where to begin with here.

I'd just stick to real matches, nothing compares to real matches specially if you also enjoy watching the matches that you placed bet on.
<snip>
As much as i think, getting into real match for bet seem far better than to come over to a game be control by AI's; were the winning chances are very slim. The genuity of sport games made me be an addict to soccer games but this SRL events game doesn't make me feel they should be trusted like the sport-games.

It might be for sure fair since robots won't cheat ofc until and unless programmed to do so but I do think you won't like the idea, the craze of a real football game is something that is unmatched with AI.
2066  Economy / Economics / Re: Usa need to devalue dollar 500mil per bitcoin on: January 10, 2021, 11:47:22 AM
Gosh
I do believe that the plan you thinking of is actually very weird. After there are a lot of dollars Huh
Care to explain???
What do you mean by that ??
Black Money ?
Because the ARMY CAN'T CONFISCATE MONEY YOU OWN! Why would they do that ? US is already emotionally disrupted and I do believe they need time a lot of it to already heal and doing something offensive might mean the end of the country.
Banks going to take 60% ??
You crazy ??
Your post is not only offensive for general people but doing something atrocious like this might mean we as a community only care about bitcoins. NO!
Borrow ?
Vouchers ?
Are you from US ?
I don't understand your thought process at all, I think you might have to evaluate what you have written and what you intend to do with your plans.
2067  Economy / Services / Re: [OPEN]: Project COVID-19 Art Contest on: January 09, 2021, 09:21:34 PM


I made this a few days ago and didn't yet put it online for selling so this one's available.


These one's are just watercolor



This one is extremely big I didn't sell it because it was going to be entered in a gallery but covid have no mercy.

I would be extremely happy to donate but I really have little idea about international shipping.

Best of luck
2068  Bitcoin / Bitcoin Discussion / Re: Bitcoin outperforming Gold on: January 09, 2021, 06:11:58 PM
Hello , this is indeed a thing to ponder on but we always have one question when we have btc, how stable would it be?

I have been involved since 2010-2012 and the amount of stability it has reached in 2020-2021 plus with the ETH all time high, we all can agree that within 10 years, BTC outperformed every assets that ever doubted it.

This might be due to the pandemic, due to stimulus , due to more online job availability in the bitcoin community getting more institutional investors as a whole , companies now keeping btc as a security deposit, online gambling in cryptocurrencies becoming more and more evident and what else.

There are a lot of things indeed. It for sure outperformed gold and at the same time the people who used to laugh at us are now finally acknowledging it.

The only thing we can be sure of is the mainstream media had just become less disappointing when it comes to bitcoins.
Lol.
2069  Bitcoin / Bitcoin Discussion / Re: A Confession: After 5 years of hodling, I finally sold on: January 09, 2021, 05:45:04 PM
Quarantine is hard for everyone and therefore I do believe you sold for a good reason, btc is indeed hit an all time high and I had to sell everything I owned in 2k19.

Therefore missed out on this big opportunity but then again I bought some and sold them few days before at 38k.

It was a good decision since not all of us are Elon musk. Haha!

Security before everything ofcourse,  kudos to you for making such a huge profit.

Let's save some more and buy again in 2021 itself because who knows where it's gonna go next.

Rest I'm also thinking of invest in dogecoin and ETH but ofcourse the major savings will be in BTC.
2070  Economy / Gambling discussion / Re: Have you ever proven fairness of games? on: January 09, 2021, 04:09:54 PM
The live events , the sports events , elections and things like that , these are the ones where you can indeed think about playing a fair game but when it comes to sites saying how fair the games are. The more complicated a game is , the more are the chances that you might be getting duped.
That is indeed why one has to go for good sites which are well known and established because they don't really get in these unfair practices.
It doesn't matter what they say : The fairness depends on the site itself. Choose wisely .
Rest remember that the more complicated the game is , lower are the chances of us proving it's fairness.

Well I don't think house edge and fairness go hand in hand though. Fairness depends on how untainted ...a game is. House edge is fairly listed so if you don't want to give 1% then go to some other site. There are plenty out there.
2071  Economy / Economics / Re: Covid 19 protecting value of money on: January 09, 2021, 02:59:24 PM
Covid 19 protectong value of money

Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good

Covid is good for wealthy people
I will try and make it simple.
Value is printing is not something that goes hand in hand.
For example:
You have a bread 🍞 which is valued at 1$ and you decide to slice it into 10 equal portions. So every portion will be priced at 0.1$. Now you distribute it amongst the people in need.
BUT
There is a problem and you don't have enough for all of the people so you have to distribute it in 100!!!!!! So now every piece is priced at 0.01$ but due to inflation in the market people are selling it for 0.1$ and it's appropriate too.
So how the market changed locally???
A product that was Worth 0.01$ is now selling at 0.1$ , it would be acceptable locally but globally they might not have the problem so you will live in your own little world thinking you have enough whereas what you have is 1/10th of the real value.

Regarding the Rich, it's indeed very unfair ofcourse since they are also getting the stimulus when they don't need any.
2072  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: January 09, 2021, 04:55:17 AM
I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use. Smiley

It was back in 2012 that I got to know about Bitcoins and then started engaging here on the forum only to find that you have stuff like Campaigns. For me at that time I used to save all of it and then use them for :
1. Charity work
2. Studies
3. Animal rescue operations
To that that it was as low as 5-10$ when I started but it took a long while to reach this post. I never Gambled back then because I was in India and it was illegal.
Then I went to some other country to do further studies and now have started using 90% of them for 5 animals I rescued at home and giving donations to the local shelter. I use it on me sometimes for sure and sometimes , very rarely I would gamble a little bit. But not much because of tight financial situations and also because am really bad at it.
The problem is I am not good at gambling and I know it. Therefore I do it every now and then but not with the campaign earnings but with extra funds I save. But am shocked to see the progress of the gambling sites now, they are faster than Lightning Network 😂 .
2073  Economy / Speculation / Re: Are you buying right now ? on: January 07, 2021, 07:46:07 AM
I am really glad to see all this response and to know that I am not the only person who brought now.
                          Just an update:
I was able to earn around 130$ through just holding and then I decided to encash them since for me that was enough for the time being and I was really glad that I was able to at least earn enough to support for half of the month.
I know bitcoins is going to cross our psychological barrier of 40,000$ but at the same time seeing all those articles where people are hoping that bitcoins might cross 100000$ therefore I believe if someone wants to take a risk then they should maybe go halfway. Take risks but don't be too greedy.
I might again invest more once I get some more savings in the upcoming days. Hope that everyone here is earning some passive income as well.
It's been amazing knowing bitcoins, this indeed is the only thing that helped my family, my studies and my rescue animals.
Plus I do think it would be a nice idea to invest in ETH also since they are the best trading pair and right now I believe it would be amazing for ETH too.
2074  Economy / Speculation / Are you buying right now ? on: January 06, 2021, 07:55:57 AM
I have long read the best investment tactic is to never buy when the price is climbing.

BUT alas!

It first crossed 20, then 22, then 27, then 30, then 32!! Then now it's nearly around 35 and I wanted to take a little risk.

The only graph I see flattening is "Bitcoin graph"

Reason I did invest right now:

The vaccination is on the way
The market is going to improve soon
Some people have already started getting them
With the improvement in market the investors will pool in
The price will rise further!!
Even if we see some minor dips I do believe that they will be sorted out in a matter of weeks , because right now I do think bitcoins successfully captured the sights of the industries and the investors.

Am I the only one who brought bitcoins right now ??
What did you do ?

I actually took risk in my life for the fist time, 2020 have been risky enough, even getting milk and groceries meant you were at the risk of getting COVID and approximately 5% chance that you gonna die. So I thought why now ?

I know it's not a wise decision for sure because I would have to take those savings out soon in a matter of months since for our country there is no such thing as stimulus! Therefore till the lockdown completes the responsibilities have to be taken care of.

What do you think is going on with the market ?
Can we pass beyond the 40k resistance??
How far is the bull run for , or maybe this time it is going to be stable around this price??
2075  Bitcoin / Bitcoin Discussion / Re: PSA: Fees are cheap right now on: January 06, 2021, 07:36:35 AM
5 sats/byte according to https://coinb.in/#fees as of this moment. It was around 15 sats/byte a few hours ago too.

This would probably be the best time to consolidate or move coins around.

It's also a bit late, but have a happy new year, people of Bitcointalk!

Not only that the exchange wallet that am using they allowed free trading till : 8 th of January and therefore I have decided to put all my savings in the bitcoins right now. I understand the fact that it might be a little risky right now but I do think that we are somehow going to pass even this milestone.

It is indeed a very serious time right now and the thing is you have to keep checking the price every single second, this might go very wrong in a matter of minutes but even then the future is very bright for sure.

I have seen posts too where people have decided to encash and I don't understand the reason why ?? The price is rising and if people started to encash these bitcoins as fast as the price starts getting across a certain milestone it's bound to fall.

Also is it just me or the transactions are getting faster ?? First it took like 1-2 hours normally but now in a matter of minutes my transactions are getting confirmed even though am paying medium fee.

2076  Economy / Economics / Re: Financiers would never invest in bitcoin? on: January 04, 2021, 06:51:45 PM
See everyone have their own opinion. Now these people might literally be very well off and they don't need to take such measures to increase their wealth a net investment in a good bank would do good. When it comes to us , a common man, we don't have resources, we don't have financial freedom, we don't have economic stability and if these people do advice us on these situations do they even think for a second that " our situation is not the same as theirs" it is very different indeed.
I understand for a fact that when people who are big business man and then decide to say how **I won't ever invest in bitcoins, it's far too volatile** they don't think for a second that they are the whales controlling the market. This is the capitalism we are talking about. The centralized dominance. They even control the government, the banks , this is far much known. So I think we have to make this decision for ourselves and then consider our situation differently because more often than ever we think of investors and we directly talk about the people who are more successful, how about we think about a common man ?
2077  Economy / Economics / Re: The Rise of Layer 2s Could Spell End for Altcoins (opinion) on: January 04, 2021, 05:49:01 PM
The whole idea does make sense for sure. I also believe strongly that ETH will rise high too , the ATH are too many to be considered something out of the blue. They are literally all focused on same things , I do believe there are many of them which have a different appeal but at the end of the day there is completion and that too very dominant. Right now BTC and ETH are two things that matters. I remember the time when people made a big deal out of ripple too but what happened to it ? Nothing
ETH is far more convenient when compared to BTC but BTC have a bigger hold of the market as a whole But the good thing is ETH and BTC , they work together mostly, they have more of a synergistic relationship rather than competition.
Stable coins are something that people have high hopes for since unlike gold 🥇 stocks you don't have to wait for 2 months or a specific time period to encash. So you really have the whole control of the situation.
To me, my favourite idea is the community that has the most good and active developers is the one that's going to see the most adoption. It could be bitcoin, eth or a few other coins. It might take a while for others to notice though which are more secure and more readily developed/forked.

I think with the quantum computing being developed now we would have to see " which one of them survives"
We need forks , we need subtle development over the years!! It is very essential now. I am really excited to see what development will happen in BTC and ETH, how secure the network will be and how much of a threat quantum computers really are.
2078  Bitcoin / Bitcoin Discussion / Re: What exactly was the idea behind bitcoin? on: January 04, 2021, 04:10:34 PM
Hello
Never be sorry for your point or what you think , I do think you have to understand the fact that bitcoins is actually something different for everyone. Bitcoins as a whole only have value depending on the person.
For some people it's a form of investments
For some people it's easy money
For some people it's a currency even though you might think that's absurd but many business have started using bitcoins now
For some people it's a way to make transactions happen internationally.
It is indeed a very different form and I do think only Mr. Satoshi can tell why he invented bitcoins but I do think it was to tackle capitalism and to have something other than fiat and stocks to invest it , something which is free from control of the centralized bodies. I think he wanted people to be more in control, more free if I may say.
Plus I do think that it started out simple but it became a moment after that. Bitcoins have been used by many countries to stand against the oppression of the state and the army. Take the case of venezuela. Bitcoin is itself a way to make your own case out of. You can use it in any way that you want. It's that versatile.
It's not just money trust me.
It's way more than that.
2079  Economy / Gambling discussion / Re: Gambling advertising monitored closely on: January 04, 2021, 03:37:11 PM
I am glad to hear the response.

This does mean we all here do understand the severity of the issue.
I think honestly we have to understand the fact that :
Gambling is a form of entertainment but when done in a respectable form. If the companies do decide that they won't even hear the matter of keeping these things 18+ and not using stuffed animals and making it sound like happy thing then they don't deserve such stand. I do believe the the company should have had some legal action, they should have paid some fine for sure.

I do think we have to make sure that we don't engage in such cases and make sure that strict actions are being taken. If you see some kids engaging in Gambling etc.. you should understand the meaning behind this situation and try and make them understand that they have to wait a little.

2080  Bitcoin / Bitcoin Discussion / Re: Don't ask about the price. No one knows! on: January 04, 2021, 02:50:08 PM
Knowing is different but one should understand for a fact that during a pandemic we did hit such high amount. Since years we were talking about ATH and how 2017 was a good year for bitcoins but never expected it to hit 33+.

Let me quote something from Investopedia:
Quote
Theoretically, this price could rise to at least $100,000 sometime in 2021 based on the stock-to-flow model shown above. Some investment firms have made Bitcoin price predictions based on these fundamental analysis and scarcity models.


https://www.google.com/amp/s/www.investopedia.com/amp/why-does-bitcoin-keep-going-up-5092683

Now this is one site which does think that bitcoins might increase in price at an incredible rate but that's not so with some others.

It's everywhere!! The price of bitcoins and how it's rising drastically have seen a lot of comments about how it would rise and how it would fall or something but at the end of the day I do believe we already have reached a point where people know that bitcoins is here to stay and bitcoins is going to be something of the future.

We can keep checking the market every two minutes and will still miss a lot! It's not a perfect science.
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