This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?
Same scenario keeps on coming all over again, and it all beyond our control so we need to be strong in every market struggles. Good projects will surely be drowning second to bitcoin's downfall, and if you're not having enough patience you tend to give up and sacrifice everything and panic selling is the last option. That 3 months isn't too far to wait, just let the days gone by and embrace what the future may bring for us. It's the only thing we can do for now to wait for the market to recover. I can see that there is still another bull run before this year ends so we should start working for it while the opportunities are still reachable facing the current bearish season. If we dream of making profits in the future, holding of our old coins is not really enough. We can think of buying more potential altcoins this time particularly those that are listed on top ten coinmarket cap but mostly, prioritize buying more bitcoin as they can give us more profits more than any coin can give.
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Banning Bitcoin also means banning the entire Bitcoin mining industry. Some countries in the world have a surplus of electricity and they raise miners as a way to make a profit. Bitcoin is too powerful and the government cannot ban their people because people always have a way to use Bitcoin. It is only possible to cut off the internet to ban Bitcoin altogether, and this cannot happen.
Banning bitcoin would not really come to the extent of shutting down the internet connection because all other companies' operations that are greatly run by internet would greatly suffer too. So the least that the government can do is to impose restrictions for bitcoin and its users, and all it crypto exchanges. But since crypto is decentralized, the government cannot control it fully so they cannot put and end in it no matter how they want it.
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I don't think that money is the root of evil. Money is good and important for people to have a good life. It is really hard to have a happy and quality life without much money. The real problem is the stingy people. They ruin everything. They do everything for money.
Money can never do evil if not with people who's thinking are beyond control. Money is just a tool. It's the mindset of the people that made them differ from one another. I think we all dream to have lots of money so we can live our lives comfortably, and to sustain all our needs so we won't have to look for nothing. But there are still people who are not satisfied with their lives so they keep on doing things for their own satisfaction even if it means hurting other people just because of greediness.
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I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?
btc to 80000 or 120000 USD
I also predict it so, after what happened a few months ago I believe in the future there will be something like this happening again and it will be very high even I predict more than $120000 That is very possible. The market will not always be bearish nor bullish. There will always be a time for both of them. And yes, i'm also expecting a bull run at the last quarter of this year. The value of bitcoin might even surpass our $80k expectation and might settle at $100-$120k. So let's start being positive with the current market condition as everything will change gradually. Today might be a good opportunity to buy more potential coins and add them on our portfolio. Bitcoin can be much profitable if we start holding it for a year or two and it takes long stretch of patience to do that.
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A few days ago EI Salvador allowed bitcoin and others cryptocurrencies in the all sphere in daily purposes. They allow daily households activities for exchanging with Bitcoin and cryptocurrencies. It's a good sign for bitcoin. Of iran wants to legalize cryptocurrencies in their economic systems, then it would be another good news for Cryptos.
Positive news like this will contribute much to crypto adoption in the near future. El Salvador has started it all to make bitcoin a legal tender and now Iran is on its way for bitcoin too. I will not be surprise if in the next days, other countries will glady accept bitcoin too. I think the target of these countries why they end up legalizing bitcoin is for their economic benefits. And there's no wrong with it. Bitcoin is no longer just an asset today but it will be a good currency soon in general.
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You cannot buy happiness but you can use money to be at a better type of living which won't put you at distress in life. We've got several descriptions about being happy and relating it to money and it varies. But for me, I'll be happy if I'm living financially free and that's what I want. I've got more time to myself and family and that's the description for me of happiness. Being able to enjoy life with them and at the same time, I'm already out of the rat race.
It's definitely a good feeling if you are financially stable and enjoying the good company together with your family. But only few people have achieved this goal because the truth is most of us have different issues about money and family. Happiness does not only come from finances because even poor people who don't have good finances are still feeling happy despite of their status in life. So i must say, happiness is built within. If you can be happy with small things around, then there's no need for you to earn huge amount of money. It's a matter of satisfaction and contentment even in small things.
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As many new crypto have come in this market so people have forgotten old coins. Old coins have still great worth. If you want to invest in old coins then I suggest you to invest in LiteCoin, Polkadot and many more old coins. Which have still great potential and are strong project.
New coins are more popular than old coins but the potential of these newly coins are quite low compared to those reliable and secured projects before. Investing in those old coins might put you at a high risk but if those old coins will have all the chances to pump again, then why not. There are a lot of instances wherein old coins are even more profitable than today's newly introduced coins. I think buying and holding those old coins is still a profitable move because they still have those strong fundamentals where most of these new coins don't even have. And as long as there is enough budget to buy and are ready to lose them anytime, then taking that risk is definitely worth along.
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Regardless of how much power the government may display, no matter how many times it tries to restrict its citizens from using bitcoin, people will always find a way to access it no matter what. The government does not have enough capability to block or completely shut down bitcoin. Also, bitcoin is a decentralized currency which means the government or any other organization does not have power nor control over it. Do nŕot be too afraid of seeing countries banning bitcoin bŕecause it wouldn't last long and investors will still find a way on how they can access and earn profit from it.
Seeing every news about banning is not new to us as most of the countries have to tried to ban bitcoin but never succeed. Bitcoin can never be controlled by any entity or group so it won't be possibly banned by any government as bitcoin users and investors will still find ways to access it no matter where they are as long as the internet connection is present. And now that bitcoin has even gained more positive impact from its users so adoption might take place sooner and that banning will be very impossible now for government.
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I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like "how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
not 100% if you try hard to find which ico or coin will success, but there is a chance to get there. you can observe about that team, how its going. sometime, there is member who join another team after finish and succeed the team before. and we can deny if the new one cant close to be 'success' but, it can be small chance. and dont forget to keep touch with them to see the progress. The success of the project reflects mostly of the team members itself. There will be a huge demand from its community if the consumers have seen the progress of the project and the development that had taken place. However, if the project does not meet the quality standards of the consumers or the people in the crypto community, there will be less adoption and probably the project won't meet its target and more likely to fail in the end because of undervalued.
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I think its not a matter of hate, it's a matter of protecting their investments and I believe these are the guys that invest in the real gold bars as a way to store or measure their wealth.
Am certain if some one explained to them how exactly bitcoin works, they would be happy to jump on the bitcoin train without a doubt.
Millionaires certainly want to protect their wealth from being lost. Therefore he will reject something that he does not understand. I also believe some millionaires hate Bitcoin, they just don't really understand how Bitcoin works. They must be frightened by negative rumors about Bitcoin, then as we know most of the millionaires in the world are old people who find it difficult to accept new things. So actually the main factor for people who hate Bitcoin, because they don't really know Bitcoin well. For millionaires and even billionaires, they totally think bitcoin is a big scam because of the negative rumors that have spread around. They have all the wealth so they should know how to protect them as much as they want and avoiding bitcoin is one of it. But i believe the main reason why they avoid bitcoin is they don't really know what bitcoin is all about so they don't feel interest investing on it. But for those who have become millionaires lately because of bitcoin, bitcoin is a big thing that would definitely change our way of living and even the standards on it.
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It is a certain that all of us are also patiently waiting and are just doing our best to seize the moment while the market is still not fully recovering to take advantage on buying crypto at their low price possible. You must not get easily tired with the ups and downs of the market because with the market we are currently working with, those were just normal since the cryptocurrency are highly volatile and no one literally knows when the market will turn green or red. Just patiently wait and do everything you can to hold or acquire while waiting up for the market to go green.
We may get tired of this market's condition but should never end up quitting. The market is highly volatile so we should expect not just bullish but even the bearish side of it. But let's not see it in a negative way. We can take advantage of this bearish season by accumulating more potential coins that can be add into our portfolio. I don't know exactly when will this bearish season will be over but the only thing i'm certain is bitcoin will still have its own time to bounce back and starts to recover. Just be more patient and wait for the green market to start taking place. That's the best option we can do.
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Well diversify but it would be okay to still just go all in Bitcoin. pooya87 also mentioned that you should diversify but don't get altcoins because you know there are a lot of shitcoins lurking around the market like you don't want end up investing in those even if the cheapness of the price is tempting. Investing in altcoins are more risky than bitcoin so better focus on bitcoin first. But i suggest if you really want to diversify your investments, you may also add stocks or real estate or any in demand businesses outside the crypto world. Atleast you won't have big fears that if your bitcoin falls, you will have other source of income to run into. Ethereum is a good catch too but not for short term investment. Bitcoin and ethereum can be very profitable if you chose long term investment.
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I am really happy about El Salvador to move in making Bitcoin a legal tender and with their positive towards Bitcoin, I don't think it will be nice fothir anyone to consider their President not to be the best economist out there. However, this is wonderful by El Salvador cause more good things are coming their way.
Now that El Salvador is on its way to bitcoin legalization, its economy will more likely to progress too. However, the President of this state got an issue that he's owning a large amount of bitcoin and he's only doing this to create bitcoin hype. I think whether its true or not, he's free to do things on his own as what crypto is all about, freedom. Hope this proposal will be approve soon because if this comes out positively, bitcoin would definitely be in a hype again.
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I expect another bitcoin hike in the 25es-26k area. Later I hope for a smooth rebound to the 40-42к area. In any case, you will need to act according to the situation and not miss a good entry point.
Yes. The recent dump will not lasts for a year or two so crypto market will return to its normal condition once this is over. And this timee will always be a good entry point for those who dream to make profits and succeed in crypto investment. Let's start filling our bags now with those affordable and cheap bitcoin and altcoins that will always have rooms for growth. Although there is no certainty in crypto but a lot of good things are waiting for us in the near future.
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Google recently updated their policies regarding Google Ads and will now allow ads related to cryptocurrency exchanges and wallets provided they have registered with FinCEN. This change is set to take effect in August 2021. As you may recall, the ban was imposed in March 2018 and lasted almost three years. This easing of crypto advertising restrictions is a positive sign. Google appears to be warming up to bitcoin and cryptocurrency in general as many governments, financial institutions and private companies are increasingly liberalizing their crypto policies these days. What do you think? This year has been a good year for Bitcoin. I like the direction we are heading to, a lot of institutions are starting to recognize Bitcoin and have accepted it. Some of them have even gone as far investing their cash asset in it which is really good. And we all know that has been part of the reason why we reached a high price this year. We look forward to better years ahead as the recognition for Bitcoin has been high, and more people will start becoming part of this community as time goes on, which is very good. I am looking forward to when there are going to be lots of companies accepting it as a payment method on their websites. Things are definitely in a good shape right now and even if the market is in a bloodbath, there are lot othef good things to celebrate for concerning crypto. Add to it is the positive news about google lifting its ban on crypto and i think google has made it even better right now. They are not just concern with the money they will be making but more for the welfare of the google users. And it's good to limit those search for those registered crypto exchanges so a much more transparency will be observe. Scamming will always be there but the chances to make it happen is now becoming rare.
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It was a fun reading OP. I think at some part of our life, we all gamble, like you said in a different manner. Last year when I got selected in 3 different companies, it was a gamble or a sort which company I shall join. When I was a kid, I gambled which friends to make and as an adult, we gamble which life partner we pick. It's a gamble in all parts of our life, sometimes calculated sometimes blatant gamble but we all gamble.
There is nothing wrong with gambling either, that is why apart from a few countries it's legal in most countries. Addiction to gambling is bad, no doubt about that. If you have earned money you have the right to spend it in whatever manner you want, be it drinking or gambling or anything else as long as it's not illegal.
Yes, we all gamble in real life, living is a gamble because we never know what the future awaits us. Gambling is just a game, if we consider it as entertainment, then it should not be different from going to a movie house paying money to be entertain. it's just that gambling is more entertaining for gamblers as they are a thrill, and of course, with the chance of winning, that makes it more thrilling. I'm a gambler and I'm proud to say I don't have any gambling problems now.
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No one is going to start a business without future plans of further developments, lot of new sites are here due to the potential is there for them to make money and also can be the biggest companies in this field in the next 5 or 10 years.
Nothing like this. There are many businesses (mainly services) where it is cheaper to try to start it and see the result than to do research on whether it will be profitable. In addition, many open businesses in order to establish them as quickly as possible to sell because the one who is engaged in the opening is not interested in further managing it. There are many different strategies and they vary depending on the size of the business and the external environment. That's really on point as based on my personal observation, I've seen a lot of gambling sites made an ANN thread in the forum but they are not active after months or even weeks, it means they are just making an experiment or trying to pull a scam, whatever. These popular betting sites that we are using now are investing a lot of money in marketing that's why they survive and profitable at the same time. The Crypto market is a big market, as long as the gambling site is legit and has enough capital, there's always a chance to succeed.
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If that workable Shiga have all the capabilities to buy that contract, but like what you've said it's not possible or PBA won't allow it to happened. They wanted Kiefer to stay as what the contract tied him to this league, really not getting any favorable sides knowing that it's a good opportunities for fellow kabayan. PBA needs to protect their business, if they'll give this go signal they'll need to make sure that they are willing to lose many stars that may receive same offer from other leagues outside of the county. They can buy out the contract if PBA will allow, that's easy for them as it will just be deducted from Kiefer's contract, but of course, PBA is thinking of the future effect because it will not be Kiefer who is the one to do it, other PBA stars might follow him as they always want to enjoy a bigger salary, so it's a no for the PBA, they won't allow it to happen. Maybe if it's the NBA, they would not hesitate as they will be so proud, you know what I'm saying.
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I'm picking Sixers (-1.5) @1.92 against the Hawks in game 3. I think they have solved the riddle of Trae Young. Embiid will take over this one again, the only concern right now is Ben Simmons poor shooting game (although you can argue that he is guarding Trae Young most of the time), but it can offset by Tobias Harris and Seth Curry scoring.
Adjustment that Simmons are doing now, giving some hard time for Trae to make an easy basket, though we all know that Trae is really one of those premier stars who can score whatever it takes, but placing Ben in front of him really help Sixers out to win. We might see close game again as the Hawks will play at home making them more deadlier especially those outside shots, most of the players can hit the long arc. Sixers needs to move fast with the rotations to counter this possible plays from the Hawks, Good Luck! Put the best defenders to Trae Young so he will be neutralized, in the first game he scored 35 points, while 21 points in the 2nd game. 76ers have to find a way to make him score at that level, maybe 20 points or less per game, that would be enough to increase the 76ers chances of winning. The shooting percentage of both teams is still high, overall, the 76ers have to improve their defense to win.
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If someone doesn't see the obvious, can they be called blind? Everyone has their own opinion. But know that we continue to make a profit.
Well everyone can have their opinion but that doesn't mean that we have to tolerate the ignorant opinions, they are dangerous and can cripple generations that do not care about people. Also OP, how do you define rationality because I think you don't exactly know what it means. Go on with what you believe OP and we'll go on living with bitcoin and continue making profits. We don't have to specify why bitcoin has already succeeded but the fact that it had survived in 10 years and has even grown in the years to come will probably tell it all. And if you talk about bitcoin mining, looks like you're a big fan of Elon. I think you still need to grow more in crypto and make good analysis on the crypto updates. I believe we all have the freedom to express our thoughts and ideas but it should also be based on facts and not from false ones.
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