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2281  Economy / Economics / Re: Taiwan invasion - how would it affect bitcoin on: October 18, 2021, 09:43:27 PM
Considering semiconductors do get manufactured in Taiwan this much, and how western nations buy probably nearly all of it, I would assume that there is a good chance in any "real" war, as in like guns and airplanes and all that, I would assume that we would probably see a lot more western nations go into this war as well. Kind of like how Korea was split into two, there wasn't a real winner there, nobody actually won, NK ended up ruining the life of so many people with the help of China.

I am afraid that there could be North Taiwan and South Taiwan by the same logic, it could actually make things a lot harder and that’s what scares me the most. Let’s hope that there is no war and let’s hope that China doesn't do something stupid.

This is not stupidity ... Two nuances can "play a game" here:
1. The goals of the party = the goals of the people. And if the party said “everyone should be under“ one wing, ”then it will be so. Otherwise, the party that promised and did not fulfill the promise will not be trusted, and this is unacceptable
2. In the event of an increase in internal tensions in China (and it seems that this is coming, due to an overheated and inflated economy), like any other totalitarian ruler, Xi Jinping, can use the classic move - "a small victorious war." All totalitarian rulers do this. Some people may even blow up houses with their citizens to increase their rating, I hope the Chinese ruler is not like that. But Taiwan can become such a "bargaining chip", the capture of which will reduce tensions, raise the status of the party and its leader to the skies.

it already is a bargaining chip for the westerners. it's only the westerners that claimed Taiwan is a country but they all know it's not. for it to be a country it has to have a consulate of US or any other country but it does not have. Taiwan has been part of China for centuries, it only breaks for some time.

China has a lot to lose when war comes so they may also be afraid of it. But they need Taiwan to have everything their advantage, there is got to be one that will give in. as of now, we can see China is choking the supply chain, this is a different kind of war.
2282  Economy / Trading Discussion / Re: At what Bitcoin price do you think altseason will start? on: October 18, 2021, 09:19:36 PM
normally when BTC price goes up, altcoins go up as well. we see more altcoins today are on the bottom for some time but it's still very uncertain when they will bloom once again. popular altcoins had gone up like SOL and DOT but not the rest. if BTC bull market will be over, the rest of the altcoins may also be over, sad to see altcoins we hold for some time have a value and then gone. very unforgiving market.
2283  Bitcoin / Bitcoin Discussion / Re: We enter a new era of heavy regulations on: October 17, 2021, 03:12:55 PM
I believe that Bitcoin and general crypto indrustry enter an era of heavy regulations.

Regulations that will do near impossible for the most ppl to buy, trade or even use Bitcoin.

Today EFF have post an article about this matter

https://thedefiant.io/crypto-endangered-confronting-an-existential-threat/

https://twitter.com/EFF/status/1448023101518671873

Bitsamp already do this and ask from the most of their customers to give them every bitcoin or crypto transaction they have done the last years. Where they buy and where they get them.

Maybe this new heavy regulator era will be and a great opportunity for a growth to p2p exchanges.

Unfortunately, crypto is under the scope of Governments and regulation will soon come. Hopefully, it won't be so harsh that it may stifle industry growth and development. In a way, regulation is good as it will give the user a lot more protection but on the other hand, it will turn into absolute control for the government which was basically the opposite of what Bitcoin was created for. Thing is, the wheels are now turning for too long and have become unstoppable. It came to a point that governments see it as a "can't beat them, better join them" situation.

the government is joining we have seen government officials have coins and a government itself like El Salvador is mining BTC. regulations are good, it makes this market getting mainstream already. we shall see more forex and stocks traders coming into crypto instead than stay. but i don't think government can fully control cryptocurrency but they can handle the choke points of it.

No matter what, the crypto will still grow and yes, I agree that p2p exchanges can grow faster than before because the regulators can not do many things to the exchanges. But we do not know what the government will do related to the growth of the crypto in their country. Maybe every government will re-evaluate its regulations about crypto and add something that can benefit them.

I like the sentence "can't beat them, better join them" because if the government still tries to force what they want on their people, they will face big questioning. And if the government can clear the mess, the worst thing they can get is a big demonstration from their people. It seems every government needs to learn from El Salvador as one of the successful countries accepting bitcoin in their country.

since US hasn't really finalized its bill for crypto, other countries will also have nothing else to base their regulations on. regulating a currency that is borderless is extremely hard that's why it's taking time for them how to approach this. China quit for it.

they'd have to have the CBDC first before they can really make it because it's only the fiat that a government can control so if they have the digital currency adopted already, it could be easier.
2284  Economy / Trading Discussion / Re: Binance not accept my citizenship, Alternative? on: October 17, 2021, 02:36:01 PM
Whats your country name? Can you tell me?

he already said he is Iranian. binance has the right to change their rules though. users are still allowed to trade without kyc as long as they withdraw less than 0.06BTC. it's getting difficult to get BTC today from exchanges even the dex are not very friendly anymore. things have changed already.

i have no idea which centralized exchanges should Iranian trade but there are dex available though. don't Iran have their own local exchange?
2285  Economy / Gambling discussion / Re: Play online or physical casinos on: October 17, 2021, 02:07:33 PM
The first question bordering my mind right now is where to play, I have learned quite a few things from this gambling board and have decided to try my luck out with gambling and will want to know which one should I start with online gambling or going to physical casino house to play some games.

If you relevantly new to gambling and want to try out your skills then the best thing to do would be try out online gambling for now.
Due to covid restrictions it would be harder for you to find out a casino to gamble. Even if you find one the charges to get started with in a casino will be higher.
On the other hand online gambling will give you ease of convenience to get started with.
You can start with a lower amount comparatively and you will a lot of options to choose from.
So online gambling is the best choice here.

this isn't even the question now because we all know covid is still a problem in society today. there is no going back to the normal days, this pandemic had made us all prisoners in our houses. nothing can be done but work online and entertainment is just going to be online unless you are willing to risk your life outside.

if you are used to the traditional casino then you better be used to online this time. whether you trust online casinos or not, it's just the only option for gamblers.
2286  Economy / Economics / Re: Reality Check on Crypto on: October 17, 2021, 01:22:52 PM
This is really a strong message! Look at the nocoiner standing there, ...

Umm. Is that sarcasm? That's Vitalik, and he's hardly a "no-coiner".

On the other hand, I disagree with his conclusion based on what most users think. I think it overlooks the effects of adoption.
I don't think the OP knows who Vitalik is or what he has contributed to crypto-currency with ethereum and also his partial contributions to Bitcoin, maybe he is looking like a random workshop lecturer.
Although I think that image may not really portray what we think it is, he may be analysing some frequent questions by people, or he is explaining those key points in his own thoughts, regardless I have so much respect for Vitalik and all his contributions.

its his prediction that BTC will never be substantially used but being used now, living proof that governments are considering to use it. but vitalik is right on the first one which ideology of decentralization is not what most of the investors come to crypto. what can we say its the profit that people want. you can never live without money in this world.

speculating price is what its for when it comes to currency and BTC or any other cryptocurrency is currency we speculate.

2287  Bitcoin / Bitcoin Discussion / Re: Would you quit Bitcoin if a shitcoin like Ethereum surpassed it? on: October 16, 2021, 05:24:01 PM

even if BTC's cap or price is surpassed by ETH or any other shitcoin, i may not be able to quit because, for the last 6 years, i have been in crypto and been trying to trade to make a fortune out of it.

the rise of doge i think had made people come flock on crypto instead.
if a shitcoin like doge has managed to outrank BTC, wouldn't this be an encouragement for those shitcoin holders?   Cheesy
2288  Economy / Economics / Re: What do people think about CBDC? on: October 16, 2021, 04:56:56 PM
Perhaps we should first find out how effective the China cbdc so far since it was launched then you can draw up some ideas what will happen in other countries if cbdc is introduced,
To me it will same as any other government owned project which is heavily centralise and control the people, however,  if people are given the option to choose between cbdc and other crypto, many people won't bother about cbdc.

it's not up for the people to chose but the government. if the government of the country will have their cbdc, the people in this country will use cbdc obviously. you can only wish they allow crypto as well.

china will have the advantage to dominate in the future because they are the first to have a working cbdc but the country is the manufacturer of the world.
2289  Economy / Speculation / Re: How do you explain the October pump? on: October 16, 2021, 04:32:28 PM
Maybe the Golden Cross that we have been talking about for a long period of time happened and this has been its affecs so far. Or there is no special explanation for this pump and it is just about the usual volatility of the market. And this market never needs a reason to pump or go down sharply. It just happens even when we don't expect such thing to happen.
Small signs from here and there in addition to the normal volatility of course.
Some companies announcements, ETF...etc but I think the expected ETF announcement next week? is driving the price up the most.

This is the expect of many good news and yes, that golden cross trigger the uptrend again and its really good to see Bitcoin on $62k again.
A little pullback for now but that's ok, we still have 15 days in October and I'm confident that we can make a new ATH this month. If you don't have Bitcoin yet, its not too late to buy, many good news will still come and that could push more the price of Bitcoin going up.

Bitcoin ETF that he is saying is probably what drives this bull run faster. $BITO will launch this Monday, they don't want to wait for SEC to approve it. but because this is ETF, many will buy this and leave GBTC for this new ETF will not make the prices swing wildly.  although, it's still best to have a real Bitcoin in our wallet.
i'm also positive the October pump is driven by the speculation of the Bitcoin ETF that is coming.
2290  Economy / Gambling / Re: BetABit.Casino - Share Your Thoughts on: October 16, 2021, 04:47:51 AM
anyone can create a casino like this one with a logo like that was it created by a windows paint program?

Correct, with currently around 600 players

Would you like to explain? How did you get so many players to play on the site?
The actual fact is that the site launched few times ago only? How did you managed to get so many players?
If i want to be honest, then there is no interest of mine to even check the site.
The OP looks pathetic and lacks information.
Too much unprofessionalism is being portrayed here.
Gain some knowledge and fix it asap OP.

with just so new casino, it wouldn't be impossible to have such players if he advertised it well but i didn't see any of its campaign in the forum. its domain registered this month and it's up and running this month as well. if a casino gambler will not look at reputation of a casino and how long it had been up in the business, they sure are going to be scam.
2291  Economy / Scam Accusations / Re: Bitvest / lightlord on: October 16, 2021, 02:55:30 AM
-snip
any update regarding your issue? lightlord paid his participants yesterday, I'd assume his next step is to fill his casino's hot wallet in order for the gamblers on his casino to be able to withdraw.

and yeah, I agree with Poker Player. it would be best and beneficial for you to include the evidence you have.

sure evidence is very needed when accusing someone. lgihtlord may have faults for delaying but it seems he has no intention of scamming since he paid bounty hunters still.

since lightlord paid his campaign participants the casino withdrawals must have also been paid. OP should really be providing more details and screenshots if possible. ruining casino reputation is very common when the competition is harsh.
2292  Bitcoin / Bitcoin Discussion / Re: Putin believes Bitcoin has value on: October 15, 2021, 10:27:57 PM

Yes and value of bitcoin will increase more and more because bitcoin is reality,and world understanding the value of crypto currency slowly slowly and more countries will be involved and approved bitcoin in their countries.And I'm looking the Many contries will alow to lagal bitcoin like currieny .So as I say always the world know the future of bitcoin is very bright.
^ It depends on who is the president of the country, there are leaders that has open m indeed when it comes to blockchain technology or BTC itself.
If all leaders in all countries will enlighten their minds and accept cryptocurrency, it sounds good BTC is more legal tender and has the potential to become a worldwide crypto asset. However, this is good news to the country of Russia that their president was accepted BTC and now, probably the crypto mining business in Russia will increase.

Putin is open for suggestions. He could bann BTC in the country if he isn't open for crypto acceptance.

in some report however Putin doesn't see the need for cryptocurrency as payment for gas making his comment invaluable for the community. but with this coment, i guess it crossed their mind for some time. crypto had gone mainstream as we could see reports already where presidents are talking about it. hopefully the people will see it as hedge.
The fact that Putin believes that bitcoin has a real value, i think its a good sign for bitcoin to be accepted soon in Russia. Maybe it will take some time for Putin to consider bitcoin as a medium of payment but when it happens, its price will eventually continue to surge high. And as the number of countries who are considering bitcoin making it as a medium of exchange keeps increasing, then China will certainly feel fears that such countries will no longer need China for their own progress because bitcoin will make it possible.

China and Russia are not very different country though. once Putin starts accepting BTC, China might also do the same, they know how to adapt since they've been there before.  but its a good thing that countries ruled by dictators may not be able to stop crypto because they can slowly bend to internet money.

now that countries are preferring to accept EUR, they may try starting to accept BTC since EUR is also struggling. the future of fiat money is not looking good. even that Yuan which they thought to be a good fiat because of its economy but China is also facing same problem.
2293  Economy / Trading Discussion / Re: Learn to trading - any suggestion? on: October 15, 2021, 10:13:30 PM

you should start looking for charts and understand what it says using the indicators which means you also need to learn how the indicators work. its a big load for new learners but you will gradually absorb the information once you talk more to the people who know how to trade.  the forum has a good number of people who does trade, not just gamblers.

for starters, plush that poopcoin behind.
2294  Bitcoin / Bitcoin Discussion / Re: What Bitcoin stands to gain when the government prints more currencies on: October 15, 2021, 09:50:52 PM
Several articles have been written on how the government always print more money just to pump the Central currency due to inflations and this has always given Bitcoin and edge over them, we saw the market already heading back to $64,000 which is the highest Bitcoin price since its creation and this further goes to credit the fact that Bitcoin is an anti-inflation currency and is ahead of the central bank traditional paper currency or CBDC.

Apparently US is preparing to print a lot of paper cash. Rumours have been going on saying they are on the verge of printing 31 million USD. I wouldn't be surprised at all. And I believe this has been having a direct implication on the bitcoin price.

US is paying money to the people who stay at home. only a few people work this time and companies are trying to pay more for these people to work. the world got a lot crazier since some countries now are not accepting USD for America is destroying their own USD. hedging against this inflation made dollar holders buy BTC.

the BTC circulating on exchanges is also getting low because of regulations and withdrawal limits. when binance announced to only allow 0.06BTC, traders are getting out. new investors that want to buy have limited supply making the price head back to $64K, thanks to them.




2295  Bitcoin / Bitcoin Discussion / Re: Putin believes Bitcoin has value on: October 15, 2021, 08:36:42 PM

Yes and value of bitcoin will increase more and more because bitcoin is reality,and world understanding the value of crypto currency slowly slowly and more countries will be involved and approved bitcoin in their countries.And I'm looking the Many contries will alow to lagal bitcoin like currieny .So as I say always the world know the future of bitcoin is very bright.
^ It depends on who is the president of the country, there are leaders that has open m indeed when it comes to blockchain technology or BTC itself.
If all leaders in all countries will enlighten their minds and accept cryptocurrency, it sounds good BTC is more legal tender and has the potential to become a worldwide crypto asset. However, this is good news to the country of Russia that their president was accepted BTC and now, probably the crypto mining business in Russia will increase.

Putin is open for suggestions. He could bann BTC in the country if he isn't open for crypto acceptance.

in some report however Putin doesn't see the need for cryptocurrency as payment for gas making his comment invaluable for the community. but with this coment, i guess it crossed their mind for some time. crypto had gone mainstream as we could see reports already where presidents are talking about it. hopefully the people will see it as hedge.
2296  Bitcoin / Bitcoin Discussion / Re: Advice: 1 BTC on: October 14, 2021, 06:28:47 AM
Some custodial accounts offer up to 6.25% APY in case you want to park your BTC, just saying.

a lot of them offer such but i'm not sure how good the idea is when it comes to ownership of the BTC anymore. when you deposit or send the BTC out your wallet, it's obviously not yours anymore. It could earn you money but it's trusting them that is risky. Nexo offers 12% for our Idle Assets. it's popular and has insurance thru BitGo.  in the real world, offers like this is actaully very high that you will look to it as a too good to be true offer.

BlockFI and Nexo I believe are compliant and have been around for years also. It's all up to you.
2297  Bitcoin / Bitcoin Discussion / Re: Russia took third place in the world in bitcoin mining on: October 14, 2021, 03:56:27 AM
It is gratifying that Russia is accepting this activity, in fact the global hash rate of mining is increasing, and its fact that despite the fact that China banned mining, the options to migrate to other countries and go to practice this activity are are seeing very good results:


Quote
The decline in the price of Bitcoin has impacted the miners, but due to the reduction in competition, some entities are capable of mining more BTC. Therefore, their hashprice and profitability increase. The report added:

If Bitcoin makes another run this year at an all-time high, we’ll see USD-denominated hashprice break  its yearly high of $0.41, especially if the fee market picks up (more on this later).

Source: https://bitcoinist.com/bitcoin-mining-metrics-continue-to-spike-in-most-profitable-year-ever/

From the optimistic point of view, these things help the price of BTC a lot, it is likely that it will continue to grow in price, but we have to wait, as long as the mining activity continues, the BTC will have even more value.


when prices go up, it's profitable. the more profitable the farmers are when electricity is cheap like in Kazakstan. this is good for US to take the place on top since China left. chinese miners fleeing from China.

if they could just remove that regulation plan and let it grow for now and let it be adopted by people, it will make the senators learn how it all works. and when they know how it works, they will eventually learn where they'd put their regulations in place.
2298  Bitcoin / Bitcoin Discussion / Re: We enter a new era of heavy regulations on: October 14, 2021, 02:54:07 AM
I believe that Bitcoin and general crypto indrustry enter an era of heavy regulations.

Regulations that will do near impossible for the most ppl to buy, trade or even use Bitcoin.

Today EFF have post an article about this matter

https://thedefiant.io/crypto-endangered-confronting-an-existential-threat/

https://twitter.com/EFF/status/1448023101518671873

Bitsamp already do this and ask from the most of their customers to give them every bitcoin or crypto transaction they have done the last years. Where they buy and where they get them.

Maybe this new heavy regulator era will be and a great opportunity for a growth to p2p exchanges.

Unfortunately, crypto is under the scope of Governments and regulation will soon come. Hopefully, it won't be so harsh that it may stifle industry growth and development. In a way, regulation is good as it will give the user a lot more protection but on the other hand, it will turn into absolute control for the government which was basically the opposite of what Bitcoin was created for. Thing is, the wheels are now turning for too long and have become unstoppable. It came to a point that governments see it as a "can't beat them, better join them" situation.

the government is joining we have seen government officials have coins and a government itself like El Salvador is mining BTC. regulations are good, it makes this market getting mainstream already. we shall see more forex and stocks traders coming into crypto instead than stay. but i don't think government can fully control cryptocurrency but they can handle the choke points of it.
2299  Economy / Trading Discussion / Re: Tools and Indicators on: October 13, 2021, 02:07:35 PM
I use a few tools with help me with my trading. I normally keep BTC-D under the scope, while using Tradingview for the charts. I would like to hear what kind of tools and indicators you guys use to trade cryptos.

And how about trading technics. Is anyone kind enough to share?
On-chain analytics is another thing that a lot of people actually try to keep under the radar while trading, the hypothesis works this way, when the total reserves of bitcoin on the exchanges is higher it means that bitcoin is going to dump hard or alts are going to be pumped hard, while if total reserves of stable coins on exchanges is higher there are chances of a bitcoin bullish move or once again alts bull run, also when miners addresses are selling it's generally an indication of the upcoming bearish run because miners are generally the first ones to sell in case of bear runs.

how accurate are the data provided by the onchain analysis app provider?  some are just watching those whale alerts.

one indicator that most of us use is the RSI, its reliable to determine that if its goes up it can go down at some point. the rest of the indicators are there to support what RSI is doing.
2300  Bitcoin / Bitcoin Discussion / Re: Advice: 1 BTC on: October 13, 2021, 01:47:51 PM
op is looking for new investment i guess since he mentioned stocks and real estate. this reallt depend on what op's interest.  stocks is dwindling as well so you cant go there too. 1btc is not enough for real estate as well. property prices are sky high today.

if its me i just trade btcusdt to make profit or just keep holding it.
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