The problem with current government policy and central bank status on QE is to create volatility.  Inflation is not growth, its often mislabeled and described as such much to the determent of the common worker who suffers increasingly lower value wages even nominally higher.
   The point I would make is economies are damaged by reaching both extremes of inflation and recession, we have price instability impeding business causing problems with order flows and investment returns etc.

The price is not the value, so yea I agree with that.  Ideally everyone on this forum is better informed and values BTC higher then the market itself does.   Theres times a product will be discounted and subject to a lower pricing and other times it could be considered expensive.   My personal reckoning for BTC over the last year was yes the price fell but relative to 20 years highs in Dollar index, BTC is doing better then I expected under that burden and unpopularity.    
  I'm not saying it was a sunny day but we can have out performance even within a decline and negative trend.  I think even down to 10k was a possible but BTC was heavily resistant to that.   The relevance to now would be that strength under pressure should be noted and respected because that force contained can return us upwards faster then expected.     We had a bullish break upwards today following previous very strong action so patience is being rewarded currently.  How to judge when to be patient and hold and when to sell fast is probably the most  important thing for speculative type swing trades I think.

Cost of living would also relate to productive capability of that country, any of the global nations which has no access to oil or energy generally have to think smart and trade well not to be worse off.   Every time inflation rises it surely means anything we import is more expensive but the national produce of a country shouldn't be as affected imo.


One of the big upsets from the war in Europe not foreseen was perhaps the disruption to fertilizer production and so the knock on effect to maybe a hundred different prices from that.   Reason being as I understand it is a large amount of nitrogen fertilizer production relies on cheap natural gas; entire lines of supply going missing in competition to a general lack of energy across Europe during winter was not a good atmosphere for production and export of this highly related good.  
  Theres more then one way to raise a crop and fertilizer it but we often want the easiest and cheapest route and this was stopped quite abruptly.   Plus Ukraine itself is a large global food market for the world and such a wide attack against civilians even stopped that, any lack of supply feeds inflation which was already a factor.    I think the easiest summary is complacency was common and it has cost us.

Bullish flag on the daily BTC chart I think, if we maintain yesterdays closing low I'd say that looks good for at least the rest of this month.   Lets see how it closes this week out but to hold a higher price like this with minimal pullback is a good performance imo. 




Just going sideways here would negate the flag but seems quite reasonable we see positive move developing.

This is why I prefer underdog bets or lay the risk away if possible, on this amount surely he had someone offering to handle the risk for him or maybe not.    I guess he had to have been a big fan of the team and just very capable and able to place high bets because for sure I could not sleep taking this risk.  
  The other reason to take the other side is to come back from 27-0 to 30-31 was surely an epic game to watch and regardless of the teams thats the kind of game people want to watch I think as its so unlikely to occur normally.

As a trade a pullback is normal but how far does it go before negating the hopes of a bullish move.   I think we might have already done enough to leave the ski slope regular decline since the peaks, that means even if we do lose some of these gains we should see a reappearance of positive gains later.
  Recent peak was November start pricing, on that scale we just need to stay above the mid December highs and it still has BTC acting well overall.

Use weekly bars to consider this idea also weigh up the volume that is traded in these last days vs the weight of previously traded BTC.    The weight is what really matters, price tag on any asset or product is an attempt by markets to motivate the most people to engage (in that exact moment).   We can have one person buy at 30k and it wont matter, that vote or trade done remains personal and so to with any lesser volume it reduces in importance vs larger amounts.    BTC is also quite unique in being traded every time zone separately, other markets try to centralize their price point far more then BTC manages.    So a day price is not enough, 1 week matters more but always time and volume tells us the real direction.
   The bottom price will take more then a month to really prove imo, when we moved in 2019 I never really believed that was going to stick though I should have traded it better for sure.   We will take more time then it appears at first, inertia lags and matters far more for genuine price change seems like.

Buy on the lows is the ideal but over what time period do we consider those lows.   Today price is breaking the 2 day average which means we reset some but how far will it pullback before attempting higher again.  So long as we keep 20k I'll guess we do try for higher prices but overall I believe in multiple tests so accumulate would be in the depths of those tests to price action.

Gambling would be most relevant reference for this investment as the token is most applicable to active users of a gambling website.   Not many blockchains could restrict themselves to merely users and anyone can hold but the largest benefit is given back as some kind of yield while using the website and with a hold of this token.   This website is so large it can get away with a site only yield rather then a normal dividend given to most asset types for any owner.

Its an important change either way because middle eastern oil being traded in US dollars is quite a large part of its backing as a global reserve asset.    I dont know Saudi would trade crypto but even so a weakening of US dollar generally means alternatives are more readily accepted and used.    Its happened before in the 1980's the alteration to US dollar exchangeability to gold in the 70's meant by the 80's it was putting silver as consideration as a replacement standard.     If that possibility was at least considered briefly it could happen again that major countries are unsatisfied with Dollar performance long term.

Ideally you dont bet it all on black, have a diverse strategy as we all know BTC is a volatile asset even while its frequently and repeatedly been high growth.  Pull-backs can be extreme, I wouldn't encourage anyone to rely purely on BTC as that could be a harsh burden under pull-back in the sector this can be years in its effect.  Obviously its best to avoid selling in the lows but people need cash so that too is a reason to stick with multiple asset types.
  Its not uncommon to mock people, I dont know anyone especially who would praise attempts to invest as most just think of pension or similar investment handled at arms length by professionals only.   That would exclude high growth and ideas of high risk speculation or investment.

Cant say no alcohol because where is the fun in that but be aware it can compromise judgement which is part of what makes the main number one rule quite essential and simple in its idea.  Number one rule is keep a daily budget for gambling and dont go past it, reduce your bet size if required to last however long you want to bet but dont exceed the total spend for want of chasing a streak or trying to recover losses.   Most simple and important rule and if you are drunk a little bit then its just part of the fun and you only lost that days bet budget.     Tomorrow is another day, luck can change but give it a chance and come back for next round another time is my best advice and experience.

The fact that he always kept data he should not have is just a con artist.   This is not something I'd connect to gambling, its deception and fraud based theft.    Sometimes this occurs with other items that can be bought and sold, people who buy online game accounts sometimes get the 'owner' take it back some time later.    BTC and crypto generally has to find a way outside of relying on one person like this, if it can go wrong unfortunately some will make sure it does go wrong for victims motivated by their own personal profit.    Some people are fake like that, most people arent but there'll always be somebody who ruins any trust extended by a community sadly.

Theres no need to be especially weary about receiving emails from this site, they dont overplay their hand and spam or anything close to it.   I think that was a lesson learnt by major firms a while back that less is more on the emails front so the idea of having to filter out adverts doesnt ring true for me, Ive not seen that excess.  Delete or dont subscribe to the daily email if you prefer.

20k on the BTC price seems important but I always expect levels to be tested wherever the line is drawn.   My general measure is weekly average, 50x 4hr that kind of thing, nothing exact but basically a week price is rough guide for me as to trending positively or not.

Its hard to live on far less in a totally disciplined way sure it is.  Also there is little encouragement to do so, we are living in a consumer society and many will look down on you for not keeping up with your colleagues or friends in their spending on various things.  You may be restricted in socializing by doing so, I'd say the majority will never do this or consider it a failure even.  The closest people get is when saving for a house I think, just temporary and then back to norm of full spend.

Price is like an elastic band, for us to go  only in one direction should be unusual so what can happen is sharp rallies and yet the overall trend is not returned to positive.  We are still in a state where it remains unproved if BTC is exploring higher prices only to resolve downwards, this is quite possible and time plus volume must prove to us otherwise for certainty and confirmation.
   Lows of today are on 2 day average, to me we need to close this weekly bar positively just above 20k to me would be quite solid compared to all the prior rally attempts that fell apart at first test.   The test is the proof so its still to be decided imo.

So long as there's some ongoing process that sorts through complaints its probably better then alot of operations.  Its really just the quality of how they deal with a query or problem that occurs that matters and speed also I guess.     There cant be any exclusion to discuss any casino because that would be unfair terms, everyone has the right to discuss openly issues they may have and really its a negative if any business at all is against its customers discussing usage of their site.  
  Most well run places want you to discuss them, a casino is a profitable business only requires people who regularly play and everyone should get what they want then.  Wont always win but thats clear enough and most here will recognize unreasonable complaints so whats to be afraid of.

Why is Jim Cramer anything to do with a prediction for crypto, he has almost no connection besides big money finance and mass market crowd appeal via his TV show.   Its quite fair to take his sentiment as contrarian to actual opportunity in BTC but I wouldn't purely base moves from that.  He represents the crowd and the crowd isnt always wrong, just often late and mistimed to moves.   I think we began 2023 bullish but it wont always be this way, play the peaks and buy the lows dont rely on hype to carry us it isnt strong enough.  This year will still both contain both extremes imo hence caution is fair.

MMA it might work because that sport is crazy wild with similar results possible to any reasonable contender.   Boxing some might become undefeatable but MMA it feels more possible for anyone to get lucky in the extremes, all depends on the odds of course but Im open to the idea.   Its best to know the sport you are betting on rather just guessing, I dont think that will work out for most people but in a subject you have regular experience on its well worth the idea.  
  The other advantage to underdog bets is the actual amount required in the bet is not as much, yes it can be more likely to lose but that doesnt make it worse value in ratio terms to a low odds bet but large amount required.   I get quite uncomfortable when odds are 10% or less, Im more of a spectator for those games/bets.

Inflation often is a part of fiscal budgeting because the greatest effect is to ease the burden of national debt at the cost of users of that currency.  The issuers of the currency are the first in line for any benefits from that new money and the further you are away from that source the more you are paying on the cost of lost value.  This is part of why 3rd world countries can so easily become poor, it takes alot to fight the tide of endless new money.