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2141  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BTC fall below $20,000? Bargain hunting? on: July 21, 2021, 09:59:03 PM
I think for now the price of Bitcoin is very difficult to fall to the rate of $ 20,000 especially now that the market cap has risen to 7% and that's a fairly high increase, I am very optimistic if the price continues to rise to $ 35,000 and if there is a correction it will remain in the range rates $29,000. But the price of Bitcoin could also fall to $20,000 but not in this Quart, maybe in the middle of Q4 it could fall and it all depends on the news that will be later.
Bitcoin doesn't follow any news or announcements. We just make it as our wishes, but some foolish investors start to follow them. If there is any reason to fall this quarter, I will believe, but in the last quarter it will definitely not drop 20k. Because as my prediction, the market will rise between 3 months and in 1-2 months correction time will be over.
The price of bitcoin is higher than $25k for now but if it will continue to  fall, then dropping to $20k is very possible. Having good news in the market might not a guarantee that the market value will not fall but somehow it will help though.

I have high hopes that bitcoin will bound to recover after its long bearish season. And maybe by this time, it will reach new ATH exceeding the amount of $60k. But the question is how far bitcoin price will fall? Once it reaches $25k, for sure it will go down to $20k.
2142  Bitcoin / Bitcoin Discussion / Re: Does the epidemic have a big impact on Bitcoin? on: July 21, 2021, 09:36:55 PM
your mind is very genius, the impact of the pandemic is that people flocked to bitcoin, and people began to learn about bitcoin, because bitcoin is the only way to earn income during the pandemic, because many workers have been laid off, making people shift their jobs to other places. bitcoin.. good luck there is bitcoin, if there is no bitcoin during the pandemic, maybe our fate will be in trouble..
Bitcoin is also not the only source of income that can be worked on during a pandemic. but there are many other jobs like Trading in forex or stocks and some other investments. bitcoin is just one of the cryptocurrencies.
But the impact of bitcoin in modern times as it is today is quite felt. People are familiar with bitcoin as well as various altcoins in cryptocurrencies. working as a trader in crypto and several other jobs. The digital world is a  world that must be studied.
Crypto was more known these days when people have been advised to stay at home. So they have more time to work online rather than going to work away from home. But i must say even if crypto becomes a good option when it comes to online jobs, its still has affected with the current pandemic. The market suddenly fall down while having its bearish season but eventually, things will be back to normal again once the market has recover. Things might have gone wrong for the world's economy but having bitcoin can be a great help to survive from this endless pandemic.
2143  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is the Best coin in 2021 on: July 21, 2021, 09:15:22 PM
Who knows? No can say the best altcoin for now because there are so many altcoins that has a good potential in long term but if I were you I prefer to invest in BNB, ETH and ADA, these are the altcoins that I am now investing as I believe that it can move in the long run specially BNB. Still its up to you, better to have research first before landing investing in the wrong altcoin. Everything can be done through a good research.
Everyone has definitely different choices for best coins to invest. So you also have to make  a good research too so you will come up with your own profitable coins you believed and not just totally dependent from other people's suggestions.

Bitcoin and ethereum are always my top picks because they have been here surviving for a long time. And they still end up being profitable. It's goo to invest even in high risk coins as long as they never fail us giving high returns.
2144  Economy / Economics / Re: Covid lessons learned know when to finish on: July 21, 2021, 08:49:34 PM
I don't think that's true, because previously we didn't think there would be a covid outbreak. It is this panic that makes people forget what to do, and an instant way to earn money by selling some assets for necessities of life. Even though what was sold was far from profitable. But that's natural, but for now we know how to store assets properly. Save for the long term, and we must learn to predict what will happen in the future Because expectations are usually different from what we think
Covid has come unexpectedly and nobody has prepared for it. So selling those assets before covid attacks has nothing to do with it. But with the lessons we learned out from this pandemic, i think we are starting to learn from them.

However, while others are falling apart, crypto unexpectedly made it to the top. It helps us a lot to sustain our necessities while we are facing this pandemic. And the very best thing i've learned today is have your own savings. It will help us a lot not to starve and survive especially when this unexpected crisis hits the world.
2145  Bitcoin / Bitcoin Discussion / Re: Reasons for newbies loss in bitcoin on: July 20, 2021, 09:51:47 PM
Most of the time, newbies loss upon entering the market because they are not yet equipped of the knowledge that they must know and still have decided to put up an engagement thinking that the world of crypto is a key on being an instant millionaire. They are having the wrong mindset added by the misconceptions and underestimating the market itself that makes them fail once they have put up an engagement earlier that learning it first. Common mistakes of the newbies makes them easily get fooled and are not in track on doing decision making because of lack of knowledge  and experience that makes them fail resulting to loss.
Newbies tend to behave this way because they want all the things to be instant. They don't even think that being profitable in bitcoin would mean incurring from hardwork and long stretch of patience. And if you don't DYOR everytime you make some actions, eventually it will always end up negatively which will result into losses.

I'm not trying to be very mean to newbies but i hope that they will be more careful everytime they take actions. It's always good to be well equipped with knowledge and skills so that we can maximize making profits than creating losses more often.
2146  Alternate cryptocurrencies / Altcoin Discussion / Re: The market situation is deteriorating day by day.. on: July 20, 2021, 09:29:32 PM
Bitcoin was not able to jumping back again. So many people were saying that if 25k should become the bottom price to be achieved by bitcoin but it's not only that. Some people were also seeing the current market situation was a common thing due to the yearly cycle of bitcoin. It may take years for bitcoin to recover from the bottom.
I do believe you will see bitcoin will reach another ATH after 2024.
This will be last until bitcoin reached the bottom.
I think what we have right now is not something new to us. The market will always have its bearish season that will always give chances for those who wanted to buy coins for their investment.

Athough the market seem to have a long bearish season but i think we can't do nothing about this. The market will suddenly turns into green when its time. And with the positive news that will continuously affect the market, soon it will recover again. Patience is what we need the most so we won't fall into losses this time.
2147  Economy / Economics / Re: Only young and naive guy believe in high risk high return on: July 20, 2021, 09:04:53 PM
There are many new projects that say that 80% of the high-risk and high-returns are deceptive. Generally, the project party will say that the profit is very large, or that it can get investors through speculation coins. Generally, don’t invest in this kind of project. If you If you really want to take a risk, you can look at value coins or mainstream coins. Don't look at some new projects, keep a clear head, and don't be fooled by the project team.
New projects hold no guarantees these days that they will be more profitable from those old coins. Scammers are rampant and so we have to be more careful when it comes to choosing for coins to invest. I still have high beliefs for old and trusted coins because of their good potentials to grow their value in the days to come rather than entrusting my money into such new projects which would mean very risky to invest.
2148  Alternate cryptocurrencies / Altcoin Discussion / Re: Are MEME Coins A NEW Trend on: July 19, 2021, 09:59:29 PM
With the rise of Doge Coin, there have been countless MEME coins launch on different platform.
What are you thoughts on meme coins? Are they bad for the industry? Or Are they a gateway drug for newbies to enter the game?

Some of them are bad because they are pump and dump coins some have usage for the community, it can be the gateway to discover Cryptocurrency but they should be educated on the many sides of investing in Cryptocurrency, they should understand that it's not always profit investing in Cryptocurrency there are so many pitfalls to avoid.
Meme coins started to trend after Elon hype Doge coin and made its price pump. I think meme coins are just waiting for great influencers to create huge price increase on their part. Just like what Shiba is also right now but i don't think if it will the same exactly with Doge coin. But honestly, i will not consider investing into meme coins as they have no great uses in the community and once the whole market start to be bearish again, most of then won't recover in time.
2149  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s Bull Market: A Long Road Ahead on: July 19, 2021, 09:50:08 PM
I bought as much crypto as I could for my atomic and ownr wallets. And ready for a bull run.
I'm not a forecaster but I don't see any bull run market happening this month as the OP said and if the bull run market will happen it won't last because the blood bath will happen soon.

I will advise you not to see every positive thing people say about the market as financial advice.
Dyor


No one can really predict what will exactly happen along the way. The bloodbath might still continue to exist or a bullish trend will suddenly appear. So i still prefer to be more patient and hodl my coins until i see good signs that the market will be bullish again.

But if in the next days, positive news will always be here then for sure it will affect the market especially if it brings along a huge impact into the whole market. Eventually, this bloodbath will start to stop happening and we can see good signs already like prices of the coins start to move in a positive direction seeing them start to surge.
2150  Other / Archival / Re: Bitcoin Marriage on: July 16, 2021, 09:24:23 PM
Bruh this actually epic Grin. never crossed my mind an idea like this. wedding rings in virtual form and permanent contract on the blockchain system. both have a very digital vision. maybe both are crypto experts. very unique. prove that NFT  implemented to something like this is possible.n

This is definitely one of a kind. Blockchain has come to a point where it is very useful too even in marriage ceremonies. But honestly, i still want the traditional one. But this one is even more practical. No need to worry if one loses its ring because it won't happen for sure since its privately kept and secured.

I think not just marriage ceremonies but other important events will also be expected to be like this in the days to come. As this one turns out successful, then other people especially if they are both crypto enthusiasts will definitely do the same.
2151  Bitcoin / Bitcoin Discussion / Re: Future money! on: July 16, 2021, 04:29:35 PM
Bitcoin is the money of the future, I believe in this even though now many people are against it.
The convenience that Bitcoin has is much better when compared to the Fiat Money that we now use.
But it's not that easy for us to use Bitcoin as a currency, because the very volatile value of Bitcoin makes many people worry. So for now Bitcoin is more suitable for trading and investing in the future for profit.
The high volatility of bitcoin is definitely a great barrier for fast adoption of crypto. People worry that if they own crypto, the value will suddenly decrease making them totally devastated. But i don't think this concern will not be addressed once bitcoin becomes an option to fiat. Once the government accepts and legalize bitcoin as part of financial system, then they will surely find solution to this how to lessen volatility.
2152  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't panic on: July 16, 2021, 04:03:37 PM
in a hurry and don't know how the crypto concept works. they get carried away only seeing a slight decrease and increase in the percentage of profits and then as if they have understood it very complex. but it turns out that they misjudged and interpreted price movements.

nothing works in a minute, they still don't realize that all prices don't increase overnight, just because of seeing the rich information of crypto.

they only know the sweetness. not bitterly in crypto trading. The first mistake is not learning all about crypto.
Admit it or not, people nowadays come into crypto just for pure profits so they easily jump into investing or buying those coins even without enough awareness and preparation. And the main reason why they keep on losing is that they don't know crypto from the start.

So in times of bearish trend, they end up being impatient and carried easily by their emotions so they come up with panic selling. We won't lose actually if we don't sell them at a lower price. Newbies tend to repeat this mistake again and again.
2153  Economy / Gambling discussion / Re: 2021 NBA Season on: July 16, 2021, 02:55:44 PM
Suns had 2:0 lead, but Milwaukee won two in a row, and tied the score
one more win at home, and situation will be critical for Suns, with one more lose to lose the title

So far home teams won their games, Suns still has home advantage. I believe they will win at home again and make the series 3-2. This finals look like it's going to 7th game.
In fifth game Suns defense should lock either Middleton or Giannis, 4th game was close but they couldn't defend both players so Bucks got the win.
What Suns need is a good ball movement, their defense is just alright but if they can't move the ball well, they'll have a problem with their offense.
Look at game 4, Booker did everything to win but they still fall short because they were not getting good contribution from his teammates.

If Suns will get at least double-digit scores from Bridges, Paul, and Crowder, I think they'll increase their chance.

Offensive rebounds made the difference mostly, Bucks had too many second chances. Suns need to fix this problem.

you can't take that away from the bucks as they have a bigger roster, Giannis and Lopez playing together, you can expect they'll get an offensive rebounds.
2154  Economy / Gambling discussion / Re: Inoue vs Donaire II discussion on: July 16, 2021, 02:34:08 PM

It was supposed to be the first time to see a Filipino vs Filipino champion in a specific weight class, which would be in the history of boxing for the Filipinos.

Yeah, it did not happen because of some controversy, they should have not announced it if they will just cancel it. It's all Donaire's fault, he is too soft with trash-talked, he should have silent Caimero in the ring if he wants him to be respected. Moving on, Inoue vs Donaire II is just a great fight now that Donaire is a champion and there's a big stake in this fight.
2155  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: July 16, 2021, 01:53:28 PM

Who's with me on betting for the Hotshots, -3.5 HC is not too high and if Magnolia wins they sure will cover this.

I'm with you as I love to see Calvin Abueva winning his first game in hotshots uniform.

We only have 2 games tomorrow, the first game should be boring as I think TNT will have an easy win here.

Magnolia vs Phoenix should be a great one and since I believe Magnolia is the better team, they should cover and win.

Phoenix may not have Calvin anymore but they have two big guys who can dominate the paint, let us not forget that they have Vic Manuel already and this guy is still playing well, he is called the muscle man in the PBA, he will muscle his way in while Wright keeps his shooting stable.
2156  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: July 16, 2021, 10:06:28 AM
The pressure is on the Bucks here not on Phoenix.

Maybe if they believe they can win because they are playing at their home, but no if the game 3 loss is still haunting them as they could have won that game. CP3 made mistakes with his turnover and so did Booker has he needs to sit like 5 minutes in the 4th quarter as he got 5 fouls, that was the time the Bucks had a great opportunity for a big run.
2157  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: July 16, 2021, 09:43:27 AM
First game is over and the Aces won against the BlackWater Bossing 103-77. A one sided match indeed. I don't know if I'm the only one who thought about it but the roster of the BW Bossing isn't a championship caliber. Like see their roster, no superstar, just all average players that is why when I saw this roster on FB I already saw some comments telling that this team will be in the last spot on the eliminations. I'm not belittling them still but just seeing their roster, I don't know if they will be able to enter at least to the playoffs. Any takeaways??

I expect Alaska would win but I didn't expect it will be a blowout win by the Alaska Aces. Blackwater is not a championship team, it's okay to belittle them anyway as rumors said they are just a farm team, so they don't have a superstar. This team was only fun to watch when Ray Parks was still playing, but now he's gone in this team, and in the PBA, they are now a boring team.
2158  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s time is now on: July 15, 2021, 10:29:33 PM
It is difficult to determine when is the best time to buy bitcoin. Buy bitcoin regularly to get the best price, don't buy it all at once. Because the price of bitcoin is difficult to predict, but if we invest long term bitcoin will produce huge profits.
The best time to buy bitcoin is when its price is in dip so you will have all the opportunities to buy them with an affordable price. Even with the present price seeing its not already high enough, you can still buy bitcoin and start to hodl them for long term.

I think OP bitcoin has already started years before and you could have bought it very cheap way back then. Bitcoin price right now is even 10x the price before so if you had been here like 8 years ago, you might be very rich by now. But anyways, as long as you have bitcoin right now and you know how to manage it, then it will still be profitable in due time.
2159  Bitcoin / Bitcoin Discussion / Re: Why on earth do you own bitcoin? on: July 15, 2021, 10:04:25 PM
Because bitcoin is known as a store of value or wealth considering there are only 21 million pieces in this world, which makes many people who want to protect their wealth from inflation will definitely hunt for Bitcoin.
and besides that it is a very promising investment especially for the long term and although it fluctuates it will still be the target of many people because many people become rich because they are involved with bitcoin and at least their lives are much better, and all of that must be based on sufficient knowledge before buying it and know the risks.
Bitcoin is simply the best investment i know that creates an extraordinary profits. It might be very risky because of its expensive price but it know the risk is worth taken for.

I know mostly of us here are definitely for profits alone but isn't it amazing too how bitcoin being a currency? Bitcoin is the future and it will create more adoption today so that in the near future, it might not be a totally global currency but it will be considered already as part of financial system.
2160  Economy / Economics / Re: At least it was something great on: July 15, 2021, 08:58:29 PM
Why worry that it fades away? Long as people are working on it and the people are using it, bitcoin won't fade. Plus it's not something that we should worry about because the moment that it fades, most people in this forum are all probably dead or too old to even use their own bitcoins wisely. It's indeed great but we don't have to worry too much about it.

Enjoy what we currently have and think of those things when it already there to happened, why bothered but instead keep believing
that there are still lots to offer.

More on the fact that since there's still development and there are still lots of people who are starting to  engage, the benefits still
there to continue.
Everything will come to an end for all those things who created no value by now but for bitcoin, probably it will live longer because of its great value. And since people are now acknowledging and starting to embrace bitcoin, then it will never fade easily just like other innovations.

Its better to think its positive effects to the people so it will be better to enjoy it while it is still here. There are more rooms for bitcoin to grow and definitely, more developments to happen in the following months and years. So lets just enjoy and see where will it take us.
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