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2481  Bitcoin / Bitcoin Discussion / Re: Documentary 'Finding Satoshi' will investigate the origins of Satoshi Nakamoto on: December 08, 2021, 12:11:44 PM
I'm wondering about this documentary actually bringing some new facts and information on the table.
Most likely,the documentary is going to repeat all the info about Satoshi that we already know and spice it up with some conspiracy theories about "Who created Bitcoin?" The crowd loves conspiracy theories...
The producers of this documentary want to capitalize on the increased interest over Bitcoin/blockchain technology.They want viewers and money,they don't want the truth.That's the main problem with "documentaries" like this one.
2482  Economy / Speculation / Re: Comparing bitcoin halvings - 2012 to 2020 on: December 08, 2021, 11:53:30 AM
Lets hope your calculation and prediction would be correct.

I might be having a wrong vision, but I remember, a lot of people awaited, that after halving Bitcoin price would immediately grow.But last year, such thing did not happen.And as I remember, price of Bitcoin was in "sort of a depression" last year. So most were disappointed with halving or with the whole year. I think that same thing will happen with next halving. Price wont really change. The price on "5 June 2022" is going to be the same as the price of Bitcoin on December 2021-January 2022.

The Bitcoin price increased from 10K to 35K USD several months after the halving.The price increase was caused by bullish news about Microstrategy and Paypal adopting BTC,so the halving didn't have a direct impact.
I remember that there was a small price pump before the 2020 halving,which ended after the halving.
Anyway,I don't believe that the June 2022 BTC price will be the same as the January 2022 BTC price.
A 6 months time frame is just too long for a volatile asset like BTC to maintain a stable price.
Bitcoin Halvings don't have a direct influence over the Bitcoin price.Actually their influence is decreasing even further.The 2024 BTC halving won't matter at all for the 2024 Bitcoin price.
 
2483  Economy / Economics / Re: A majority of Gen Z investors think crypto will make them millionaires on: December 08, 2021, 07:09:32 AM
We don't need a survey in order to know that young people:
1.Love risk more than the old people.
2.Are more open towards digital stuff and new technology than old people.

The survey is mentioning crypto,not Bitcoin.
Crypto can be anything-shitcoins,shit tokens,NFTs,HYIP investment scams,ICO scams,DeFi scams...
Thinking that investing in such an obscure industry as the crypto industry(without any proper research) will make you a millionaire is simply delusional.
Also thinking you can become rich just by buying a coin and waiting for it's price to pump 1000 times is totally delusional.
Bitcoin and crypto(whatever the term "crypto" means) have plenty of room for growth in the USA.
However,this survey proves that the majority of young people in the USA lack financial education and experience with managing their wealth and investments.
2484  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- Group Stage! on: December 08, 2021, 06:49:36 AM
Milan doesn't have the players to achieve anything remarkable in the UEFA Champions League.
Ibrahimovich is too old and the rest of the Milan players are kinda mediocre.
Milan would have a better chance at the Europa League tournament.
Anyway,I'm not surprised by any of the results which happened yesterday.All the teams that were better actually won against their weaker opponents.
RB Leipzig winning against Man City wasn't a surprise,because Man City are qualified for the next round.
Messi scored two goals,but Brugge is a pretty weak opponent against the multi-million team of PSG.
2485  Bitcoin / Bitcoin Discussion / Re: How to improve a bitcoin site's Google ranking on: December 08, 2021, 06:32:09 AM
1.Since this is going to be a Northern Ireland local community website,why don't you use a .co.uk domain instead of .com domain?
2.SEO takes a lot of time and patience and you have to produce a lot of content.
3.Improve your on-page SEO like Titles,descriptions,tags,keyword density,images,etc.
4.Build some backlinks by using social media,forums,Reddit,Quora,Youtube,relevant blog comments,etc.
There should be a healthy balance between dofollow and nofollow backlinks.
What's the point of using paid Ads on Google Adwords?Are you promoting a product or service?
Focus on providing value for free in the first few months.Try to sell a product/service only after you build a steady web traffic and a loyal audience.
2486  Economy / Trading Discussion / Re: Why exactly is it that people don't like identifying yourselves (KYC)? on: December 07, 2021, 12:11:01 PM
I get that it goes against the fundamentals of crypto currency, but exactly for what reasons though? Assuming you're not using it for anything illegal (if you are then it's understandable), why the concern? I'm asking specifically when trading.

Because nobody knows how the sensitive personal data has been stored and how it's been used by the cryptocurrency exchange platforms.
Hackers are selling stolen IDs on the darkweb.Do you want your ID to appear for sale on the darkweb?
I definitely don't want this to happen with my ID.
The people,who are doing something illegal by using cryptocurrencies would never use their real IDs for verification.
They might use fake or stolen IDs to verify themselves.
KYC isn't really effective,when it comes to fighting crypto scams and illegal activities.
Anyway,we just have to abide by the rules.
2487  Economy / Speculation / Re: I know you have all been waiting in anticipation of on update.... on: December 07, 2021, 11:45:48 AM
Great FUD analysis,OP.Keep it up with the FUD. Grin
Yeah,Tether is BS.It's a fractional reserve banking scheme.I couldn't care less about Tether.It's convenient for the crypto traders,but I have always though that the crypto industry will be fine without stablecoins.
However,thinking that Tether is the one and only reason which pumped the Bitcoin price from 1K to 68K USD is kinda delusional.
Aren't you ignoring all the BTC adoption,which happened during the last 4-5 years.
Is Tether the only factor that pumped the BTC price more than 50 times?
I wonder how the Bitcoin price was pumped from a few dollars to more than 1K USD,before Tether was a thing?

2488  Economy / Economics / Re: Is this a clear sign of high inflation? on: December 07, 2021, 07:25:41 AM
I have studied finance at university and I can say and inflation affects all financial assets.
Especially the stock market.Only real estate(besides Bitcoin) can provide enough protection against inflation,which means that the real price growth minus the nominal price growth(caused by inflation) cannot become negative.Real estate assets cannot get devalued due to the inflation.Stocks can get devalued and government/treasury bonds can also get devalued by inflation.
It is pretty clear that the Federal Reserve money printing boosted the S&P 500 index a lot,during the last decades.Traditional financial markets are a giant bubble.Crypto markets are a giant bubble as well,thanks to the money printing made by the central banks.
2489  Economy / Gambling discussion / Re: I won $550,000 gambling on sports this month on: December 07, 2021, 07:06:37 AM
Congratulations,if you really managed to win such amount.
I usually don't trust screenshots.A screenshot can be faked by using the inspect element feature in any browser.
One question,if you are so successful at sports betting,why are you posting affiliate links? Grin
Anyway,assuming that this is real and you are legit.Why don't you post a tutorial or an ebook about how to succeed at sports betting?I'm sure that you have some valuable info to share.Some tips and tricks or soccer analysis about how to find good matches to bet on.
2490  Bitcoin / Bitcoin Discussion / Re: Why people gone crazy about satoshi on: December 07, 2021, 06:47:31 AM
OP,you should stop generalizing.The people aren't gone crazy about Satoshi Nakamoto.
Most of the Bitcoiners don't care about him.A minority of Bitcoiners is curious about him,but they will never know what happened to him.
The crypto news websites will keep publishing the clickbait gossip articles about "Where is Satoshi?" and "Who is the real Satoshi?" just for the sake of getting more clicks,views and web traffic from the curious minority of Bitcoiners,who are wondering about what happened to Satoshi.

In 2009-10 no one is ready to listen him and suddenly later people gone crazy.
If you like bitcoin then forget satoshi, he don't want to be remembered that's what he is trying to say and you are not respecting it.
you are only interested in bitcoin not satoshi but you think I can't have bitcoin so if I get satoshi I can get some bitcoin from him lol, People are ridiculous.


Now,this is a crazy statement.
Why would Satoshi give Bitcoin for free to anyone?Lol...
2491  Economy / Speculation / Re: Reason for the dump in Bitcoin and most of the Altcoin? on: December 06, 2021, 12:22:40 PM
I guess that the October Bitcoin price pump was just a price bubble,which was caused by news about a Bitcoin ETF and the wave of optimism,since the October China FUD failed.
That Bitcoin price bubble popped and we are returning to the price levels before October-somewhere between 36-44K USD.I assume that we will have to wait to a few months,before the price pumping back to 50-65K USD.
Congrats to all the people who sold some BTC at 50-68K USD.You made a decent profit.
Now we all have to just HODL and wait for the market to recover.
2492  Economy / Speculation / Re: Bitcoin run up is coming on: December 06, 2021, 11:55:09 AM
OP,your "analysis" is pretty much a joke.I guess you are being sarcastic.
The energy crisis and inflation in Europe won't lead to mass Bitcoin adoption.
1.The rich people couldn't care less about inflation,since inflation boosts the prices of all assets and the rich people usually own multiple assets.
2.The European banks won't buy Bitcoin,because the European central bank won't allow them to buy.
3.The "average Joe" in Europe isn't interested in crypto/blockchain technology.The Bitcoin price dropped currently.How can the people be convinced to buy BTC as a protection of their wealth,since the Bitcoin price can crash at any given moment?
I also believe that the Bitcoin price will recover in 2022,but your analysis is simply hilarious.
2493  Economy / Economics / Re: Transforming skill to profit. on: December 06, 2021, 07:48:59 AM
How to transform a skill into profit?
First,your skill must be in demand.What the point of learning a skill,which nobody needs?
Second,just practice and keep practicing that skill until you become good enough.
After that,keep failing until you succeed at building good long term relationships with a bunch of repeat customers.You may get some new customers along the way.The old customers might recommend you to the new customers.The core of every business are repeat customers.You will fail,if you rely on one time buyers.
Build a portfolio of your best work and showcase that portfolio to anyone interested.
In webdesign and logo design,your work is your best advertisement.
2494  Economy / Gambling / Re: ムノカミMunokami.com, a strategic online multiplayer bitcoin gambling made in Japan on: December 06, 2021, 07:23:04 AM
It's always good to see some creativity in the gambling industry.Many players got bored of all the dice and slots games.
OP,maybe you should add Privacy Policy,Terms of Services and FAQ pages.
Like other members of the forum,I also don't understand the rules of this game,so maybe you would post the game rules on a different page as well.

AFAIK, Online gambling and other form of gambling is strictly prohibited on Japan base on the articles I read about them in terms of gambling. May I know if you have license to operate an online casino that involves fiat? It will be very risky for players to play in your game while your Casino has threat of being seize by Japanese authorities which is highly to occurred.

This is pretty interesting.Perhaps OP isn't using Japanese servers to host that game and he won't allow Japanese players to gamble on his website.
There are people all around the world,who love everything that comes from Japan.Maybe this is his target demographic.Non-Japanese,who love Japan.
Anyway,getting a gambling license is a must and OP must resolve the scam accusations of gamblers being automatically banned from his website..
Good luck with this project,OP.
2495  Bitcoin / Bitcoin Discussion / Re: Nearly 90% of all Bitcoin will have been mined in about one week. on: December 06, 2021, 06:50:25 AM
The market can't be bullish just because the supply is low.Something must trigger an increase in the demand.
Demand isn't determined by the supply.Demand is determined by the future expectations/greed and a bunch of short term factors,like bullish news,FUD and panic selling.
The Bitcoin supply is limited by all the BTC that were lost during the years and the army of HODLers,who are expecting a better price to sell.Bitcoin mining isn't a big factor,which can determine the BTC supply.It used to be years ago,but now,it doesn't matter that much.
2496  Alternate cryptocurrencies / Altcoin Discussion / Re: What if Bitcoin is overtaken by Ethereum in market cap? on: December 05, 2021, 12:20:29 PM
A concept cannot be destroyed by temporary market movements.
The concepts of Bitcoin scarcity and Bitcoin being a store of value cannot be taken away,just because some altcoin is riding the speculation wave and has a bigger market cap.
If we unite all the shit tokens,NTFs,DeFis,etc.,which are living under the Ehtereum blockchain,then yes,Ethereum most likely will have a bigger market cap than BTC in the future.
However,that doesn't make the Ethereum concept better than the Bitcoin Core concept.
It just makes Ethereum(tokens,NFTs,DeFi) more desirable for all the greedy pump&dump investors,who are looking for the next "shiny object".
2497  Economy / Speculation / Re: Bitcoin on sale, will the support continues to hold? on: December 05, 2021, 11:46:48 AM
This is a dangerous area now into the $52k's.  And nothing else in the market is holding.  Longs gonna start getting crushed unless the support comes in.  We could be in for an early 2018 type dumpy if this don't stop and rebound.  Either way keep stacking sats and enjoy the ride. 😉

There's nothing 'dangerous' about this price drop.It is what it is.The price is dropping now,but it will go up.
It seems like the world is still panicking about this new COVID variant,which is weird,because the new COVID variant doesn't seem to be more dangerous than the previous COVID mutations.
There are also some political tensions between USA and Russia about Ukraine,but I don't know what their influence over the cryptocurrency markets will be.
Bitcoin had proven to be pumping in times of uncertainty and crisis.
Just stop caring about the Bitcoin price for a while and enjoy the upcoming holidays.
 
2498  Economy / Economics / Re: Bitcoin Economic Advantage on: December 05, 2021, 07:03:36 AM
I reside in a country where the rate of inflation is high with a corrupted political system and tenures that have stolen the collective wealth of the nation and have crippled the economy, a high percentage of unemployed graduates who have in the last few years discovered blockchain and have gotten involved in Bitcoin activities such as trading and investments. Indeed Bitcoin has given us the economic power to overcome the crashing economy of many nations. 100% economic independent.

Damn,unemployed people starting to invest and trade crypctocurrencies?
I wonder where they find money to invest in Bitcoin/crypto,since they are unemployed? Grin
Anyway,jokes aside.Bitcoin had really helped many people around the world.
People,who are living in countries with high inflation and unstable economic situation.
However,the volatile nature of Bitcoin/altcoins can also bring instability to the financial situation of many crypto investors,who are living in such countries.Imagine if all your money are put into crypto and the crypto prices crash.You would freak out and panic sell all your coins,losing lots of money.
That's why my number one advise about crypto trading is-Only invest money,that you can afford to lose.  
2499  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- Group Stage! on: December 05, 2021, 06:47:51 AM
When it comes to Bayern-Barcelona I would bet on a draw.
It's pretty obvious that Bayern is the better team,but they have done their work in the group stage and they won't be that motivated to play.Barcelona is struggling to qualify for the next round,so they will do whatever they can to win,but they lack good players,so a draw is totally possible outcome.
The team,that faces Benfica or Barcelona in the next round would be really lucky.Both Benfica and Barcelona seem like really easy opponents for the elimination phase.

2500  Bitcoin / Bitcoin Discussion / Re: Crypto Community is Lit on: December 05, 2021, 06:20:27 AM
Quote
"“Believe me, the people who are creating cryptocurrencies are not thinking about the customer, they are thinking about themselves [...] ​​I want to make my money by selling people things that are good for them, not things that are bad for them.”

Cryptocurrencies are NOT a product.They are financial assets/currencies.
Cryptocurrency users are NOT customers.They are investors and traders.
He wants to make money by selling things that are good to people?What about the alcohol,tobacco,gambling and porn industries?What about the gaming industry?Are those industries making money by selling things that are good for the people?Why doesn't he shit on these industries?Why does only the cryptocurrency industry made him butthurt?
Every person,who is creating a business is thinking about making a profit.
Since when building a business is supposed to be totally altruistic?
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