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2141  Economy / Trading Discussion / Re: Why Does This Always happen? on: March 14, 2022, 12:01:31 PM
This happened to me several times after 2017.I got lucky for HODLing and selling my BTC at the peak of the December 2017 ATH.The years after 2017 were more like panic selling(several times)and/or selling BTC every time I needed cash(but the BTC price started pumping right after I sold some Bitcoins  Grin).
I simply stopped caring about the price.I just HODL and sell my coins,only if I am in urgent need of cash.
You have to ask yourself about what is your main motivation of selling?Is it fear of an upcoming price crash?
Do you think that the price was at the peak of a price bubble?
Many traders are like me and you.We just fail at timing the market. Grin

2142  Economy / Speculation / Re: What do you think the effects of soaring prices and fiat depreciation is on BTC? on: March 14, 2022, 11:37:57 AM
The current oil shortage is artificially created by the western sanctions imposed over Russian.
There might be a short term oil shortage in the western world(despite the fact that the western countries have some oil reserves).This will pump the oil prices in the western world.On the other hand,Russian oil price are dropping,because Russia cannot sell it's oil to the west and China cannot fully replace the western oil buyers.The war will end some day and Russia has to sell the oil to the west.
Long story short,I don't expect the oil prices to hit 200 USD.
All the "Bitcoin price will go up,because money printers go brrr..." mantras sound really compelling,but this simply isn't happening in the recent weeks.Perhaps the BTC traders are too scared of the war in Ukraine and all that BS about World War 3/nuclear war and a new great depression.The fear will continue to dominate the BTC market,so no fiat money printers can pump the BTC price right now.
2143  Economy / Economics / Re: Anonymous hacker's group fight against Russia on: March 14, 2022, 06:16:53 AM
OP,your forum thread is all over the place.
You are asking a question(is this even a question)about the Anonymous hacker group and their cyber war against Russia,but you mention all the damage western sanctions have done to Russia and also the story about a Russian soldier surrendering to the Ukrainians.What exactly are you trying to ask?
When will the war end?I don't know,but there are signals about some progress of the peace negotiations.
The western sanctions cannot stop Putin,only the Russian people can stop Putin.
The Anonymous hackers can cause some small damage to the Russian financial infrastructure,but this cannot stop Putin,because he has plans to isolate Russia's internet from the global internet.
2144  Economy / Gambling discussion / Re: Gambling in METAVERSE on: March 14, 2022, 05:50:14 AM
I've said that before and I will say it again.
Virtual reality cannot replace actual reality.
First we might get Metaverse gaming and gambling.What's next?Metaverse hookers,so all the incels could experience something close to having an actual girlfriend and getting laid?
I don't understand the people,who are saying that metaverse gambling sounds cool and get excited about it.
What's the point of sitting in casino,which is located in a virtual reality?You are still sitting in front of your computer(or perhaps using VR glasses,or whatever you call this tool).
It seems to me that this Metaverse thing sounds like the new favorite toy of some dysfunctional,antisocial,virgin,incel nerd,who lives in his parent's basement and dreams about having a real life. 
2145  Bitcoin / Bitcoin Discussion / Re: Remind yourself that 50% of all purchases in the United States are under $25. on: March 14, 2022, 05:29:01 AM


We should always be reminded that though Bitcoin is more popular as an investment or a safe haven against inflation, it should also be utilized just like everyday fiat money and this is where consumer spending should be coming and if people can be paying things like a simple cup of coffee or a bar of chocolate using Bitcoin then it would be helping a lot in making sure that Bitcoin can be an important daily tool we can use. Now, having said that, I must admit that if one is really thinking that soon BTC can go as high as $100K then using Bitcoin to buy some gasoline in a nearby gas station can feel like a little sacrifice...you guys feel the same thing too?

1.Bitcoin is failing as a "safe heaven against inflation" right now.BTC isn't a safe heaven and BTC doesn't provide any protection against inflation.Prove me wrong.

2.You are definitely right above the expectations of a 100K BTC price and buying gasoline.Price volatility is what prevents mass BTC adoption in the retail sector.On the other hand,price volatility is what makes Bitcoin so attractive to the speculative investors and traders.I guess that we can't both eat the cake and have it. Grin
Bitcoin should be either an investment asset or an actual currency,but it can't be both,which is sad.
2146  Economy / Trading Discussion / Re: Is trading journals worth it? on: March 13, 2022, 12:07:34 PM
Quote
Putting these activities down in a journal does it helps a trader to make a better decision?

A trading journal can't always help a trader to make better decisions,but it can actually stop the trader from making bad decisions.Making less bad decisions and less mistakes,rather than focusing on perfection(good decisions) is definitely a form of self-improvement.Nobody is perfect.
I've heard stories about Harvard students being required to maintain a journal.
Maintaining a journal can help you become more disciplined and discipline is a really important skill,when it comes to trading.Actually,it's not just trading.Having discipline and consistency is the key of success in every aspect of life.
2147  Economy / Speculation / Re: Bitcoin VS Oil VS Russia VS Ukraine on: March 13, 2022, 11:23:41 AM
The current event taking place in Ukraine have lead to scarcity of oil and inflation o commodities that needed oil...

But how does this events affects the price of bitcoin and crypto currencies in general since now Ukraine and people in Russia use crypto?

Are the government going to also sanction exchanges and wallet owners?

Please I need you guys views on this

The war in Ukraine creates panic and uncertainty and this panic can spread across multiple markets.
The traders/investors on the crypto market are people,they could be influenced by panic and fear.
There's no mass adoption of crypto in Russia and Ukraine,it's just the fact that both countries imposed more liberal regulations over crypto.This doesn't mean that suddenly millions of people in Russia and Ukraine started using cryptocurrencies.
There's no actual scarcity of oil in the western world right now.Most of the western countries have oil reserves,which could last for 90 days.The real oil shortage in the west might begin during the summer,if the war in Ukraine(and the western sanctions) continues for more than 90 days.
2148  Economy / Economics / Re: Natural Gas, Electricity, Oil / Gas & Inflation- Nightmare Scenario on: March 13, 2022, 07:09:56 AM
I'm glad I don't heat my house with natural gas.
Electricity prices for the households in my country are regulated by the government,so there wasn't any significant increase during the winter.I don't expect any increase anytime soon.
The food price inflation and gasoline/diesel prices going up are the biggest problems where I live.The inflation is going to be nasty.Most of the inflation is actually the merchants spreading panic about having a shortage of food and gasoline and creating price cartels.
Unfortunately the Bitcoin price isn't pumping,in order to help us with this situation. Angry
Let's hope that the war in Ukraine ends after a month or two and the global economy starts getting back to normal.However,I don't expect the inflation to slow down until the end of 2022.
 
2149  Economy / Gambling / Re: [Winoearn.com] Provably fair Games/ Daily lottery/ Dice/ Free Hourly Tickets on: March 13, 2022, 06:50:58 AM
No way to check how your game works and how it looks like without an account? I dont think it is a good start, it is like you are forcing us to create an account just to check the game for the first time. Most people need to check how the game works first before deciding to create an account then play. So you should consider to make it available to be seen/checked freely and easily.

I don't think that there would be a problem creating an account with a temporary email address(unless OP decides to block temporary email addresses).
Nobody wants to submit his real email address,when creating an account,just for the sake of seeing how this crypto casino works.
I'm highly suspicious about this "probably fair" lottery game.I usually don't trust online lottery games.
I kinda like that promotion system of this website.Asking users to share the website on social media and join the Telegram group in exchange of free tickets is kinda clever.
However,most of the legit crypto casinos use paid promotion,which kinda proves that they are taking their business seriously.
Good luck with this project,OP.
2150  Bitcoin / Bitcoin Discussion / Re: This Odd Job Would Have Put Thousands of Dollars in BTC in My Wallet on: March 13, 2022, 06:22:54 AM
I wonder how effective these "fake news articles" would be at pumping the price of some shitcoin or NFT project.
How many 'investors' would say "I read this article about this altcoin or that NFT project,so I'm definitely gonna buy."?Reading some article simply isn't enough to convince someone to buy shitcoins and NFTs.
Perhaps the quantity of the articles about a certain crypto project is more important than the quality.
The people would be more comfortable buying,when they see 100 articles about a certain crypto project.
I guess that this is the secondary way to create fake hype around a shitcoin.The first way is to use paid social media influencers to pump the project.
2151  Economy / Service Discussion / Re: Looking for trusted agents for escrow and arbitration on: March 11, 2022, 12:23:44 PM
There are platforms like Bitrated,which try to provide such service(2-3 multisig wallets and human arbitration).
I have never tried this platform,but I know that they exist for several years.AFAIK,Bitrated was launched back in 2013.I cannot vouch for them.Finding a really legit and trusted escrow can be really difficult.
The human factor cannot be avoided and nobody can guarantee the legitimacy of the escrows/arbiters.
Crowfunding campaigns can be really messy,especially if the team behind the campaign can't provide a finished product.
2152  Bitcoin / Bitcoin Discussion / Re: An interesting project about lightning in the browser on: March 11, 2022, 06:17:11 AM
I have always said.... "Make the Lightning Network more user-friendly ....and they will come" ....so incorporating this into a browser without having to run your own Lightning Network node... is a giant step towards that goal.

I could care less if large Exchanges will be getting onboard with this, because they are already making loads of money and they are destroying Bitcoin's pseudo anonymity.

Thank you OP for posting this.... hope to see a lot more innovation like this.  Wink

Who will come?The merchants?The Bitcoiners?
I'm a little bit skeptical about this.The Lightning Network can (and will) become more user-friendly for sure,but  the BTC users would want a good incentive to join such LN projects.Convenience simply isn't enough.Most of the crypto exhcanges and crypto wallets are already very convenient and user-friendly.Many LN supporters would say that faster and cheaper transactions are the main benefits of LN,but right now,the transactions on the Bitcoin Core blockchain are pretty affordable.I guess that BTC micro-payments would become the main niche for such LN projects,but I don't know where such micro-payments could be implemented.Probably the gaming industry or the gambling industry.Who knows...
2153  Economy / Speculation / Re: Highest in history on: March 10, 2022, 12:26:32 PM
Did bitcoin just become a history in 2021 ago where the price of bitcoin was able to get the most expensive price of $60k and was dubbed the most expensive price in bitcoin history.
And Could there be more history in this year or the price of bitcoin will end up below $60k.
And ETF may return to support bitcoin as it did in 2021 which gives mainstream investors exposure to bitcoin that will be the starting point for the crypto industry and drive greater acceptance of the digital asset on Wall Street.

I guess that you(just like 99% of the Bitcoiners) are obsessed with the Bitcoin price,not with the current condition of the Bitcoin Core blockchain nor the adoption of Bitcoin as a payment method across the globe.
Is it really that important for Bitcoin to hit another ATH in 2021?Would it even matter,if the Bitcoin price gets pumped via some price bubble/FOMO phase/artificial ETF hype to 60-70K USD for a week,and then crash back to 30-40K USD?Some traders will make big profits,many naive buyers will buy BTC right before the bubble pops.Long story short,lots of money will change their owners,but nothing else will happen for Bitcoin and the blockchain.Do we really need this?
The Bitcoin price makes history,but Bitcoin will not become history,if you know what I mean. Grin
 
2154  Economy / Economics / Re: Renewable energy transition is expensive, but is resilient on: March 10, 2022, 11:59:33 AM
It's funny how Von der Leyen and the European bureaucrats see wind and solar power as the solution to all problems.The main problem with green energy is the unpredictable weather,which makes green energy production unpredictable as well.The system has to be balanced by using giant batteries to store the electricity,but they are incredibly expensive,which makes the green energy extremely expensive as well.
The EU bureaucrats must stop with their "green" delusions and give a second chance to nuclear power.
2155  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2021/22 Round of 16! on: March 10, 2022, 06:31:04 AM
The French League isn't as a competitive as the Primera Division,so PSG can't maintain a top tier level during the season like Real Madrid.Having a team full of superstars like Mesi and Neymar isn't enough.
The PSG owners must invest into better players in defense.I don't consider Sergio Ramos to be such investment,since he is too far away from his prime years.
Real Madrid is capable of beating every team in the tournament.It doesn't matter if it's going to be Bayern,Liverpool or Manchester City.This year's edition of the UEFA Champions League is going to be really unpredictable.
2156  Bitcoin / Bitcoin Discussion / Re: What will happen to the Bitcoin network if Russia blocks access to the internet? on: March 10, 2022, 06:06:03 AM
If anything bad happens in Russia for Bitcoin network, effect would be smaller than what happened with China mining crackdown months ago. Because the hashrate from Russia is smaller than from China.

Think different like this. If the Western world do more serious sanctions on Russia, do you think their government will ignore Bitcoin mining for their benefit? They have huge land to set up mining farms, huge power supply from oil and more. They won't easily to kill themselves by saying no to Bitcoin. We can not identify what actually happen in Russia just like in China and reported hashrate can not tell us exact geographical locations of hashrate origins.

I really think that the Russian government doesn't care about Bitcoin and it would ignore Bitcoin for sure.
The idea of forking Bitcoin,due to Russia cutting it's internet from the rest of the world is quite interesting.
I think that the "Russian Bitcoin" would be pretty much worthless,because it would be disconnected from the rest of the world and having little to no demand inside Russia.Being a truly global currency is one of the factors,which gives value to Bitcoin.Having a bunch of local forked Bitcoins would mean way less trading volume,hashrate power,market price and market cap(not that the market capitalization matters anyway).
2157  Bitcoin / Bitcoin Discussion / Re: Cleaning the money of support on: March 09, 2022, 12:05:50 PM
You basically answered your own questions.
BTC mixers and non-KYC crypto exchanges like hodlhodl and localcyptos are your only options.
There's always risk involved.Some BTC mixers might scam you.Do this at your own risk.
Are you sure that you want to send 0.3 BTC to people you don't know?Are you sure that those people will use the 0.3 BTC for good and not for their own needs?
It seems to me that you want to send money to people,who are involved into armed resistance against the totalitarian regime of some country.Aren't those people going to buy weapons with the BTC you want to send them?
2158  Economy / Economics / Re: Crypto is a part of war now, like it or not on: March 09, 2022, 11:39:08 AM
There was a war in the middle east(Syria and Iraq) a few years ago,when ISIS was a thing.I think that crypto was used by some people in the middle east,but on a smaller scale.Does this make the war in the middle east "the first crypto war"?I don't think so.Cryptocurrencies are just a tool and some people will use that tool,if they find benefits.
Calling the war in Ukraine "the first crypto war" is simply pretentious.The war isn't about crypto. Cryptocurrencies might be used by both Russians and Ukrainians,but crypto adoption on both Russia and Ukraine remains questionable.
2159  Bitcoin / Bitcoin Discussion / Re: Police can confiscate refugees' valuables. bitcoin not affected... on: March 09, 2022, 06:01:31 AM
Now that's a pretty communist law,if you ask me. Grin
The Danish police confiscating items and money,in order to "fund" the stay of the refugees in Denmark?
Can't the refugees simply fund their own stay with the money and items,which are about to be confiscated?
This doesn't make any sense to me.Anyway,Bitcoin can successfully serve this purpose,but so does every altcoin as well.This means that Bitcoin isn't more special than any altcoin,when it comes to hiding your wealth(maybe except the centralized altcoins).I'm not shitting over BTC.I'm just saying that we have to stop with the biased opinions about how special,unique and magnificent Bitcoin actually is.
2160  Economy / Speculation / Re: If Russia goes full Bitcoin adoption on: March 08, 2022, 11:55:57 AM
1.Russia would never adopt Bitcoin.Adopting a cryptocurrency that will leave the central bankers with no control over the money supply?Nope.Not going to happen.
2.Russia doesn't need to adopt Bitcoin,Russia needs to find new markets for it's export.Maybe the Asian countries like China,India,Vietnam,Indonesia would buy more Russian goods and commodities.
3.Russia also needs access to technologies,since the western countries(and probably Japan and South Korea) will stop selling hi-tech products and technologies to Russia.Bitcoin has nothing to do with this problem and it certainly won't help for solving it.
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