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2581  Bitcoin / Bitcoin Discussion / Re: Bitcoin bull run, it's time to debunk Bitcoin FUD. on: May 29, 2021, 06:36:35 PM
Here. I am not arguing with you about where we are and where the market is temporarily as well as how it will move.

I share one website for you that I am sure will be helpful for you in long term. If you are a bitcoiner or a newbie in this market, spend your time to read documents on that website. You will not regret it.

When you read and prepare enough knowledge about Bitcoin FUD, you will be more confident when FUD pops-up.

The website is Endthefud.org that supplies
Quote
The best links to articles debunking Bitcoin FUD.
Anyways, for those who have doubt , it seems a best to play safe; you can be taking profit to a certain extent and not taking all. That way if the market falls ,you will know that you at least have something that you have gotten before the decrease. And when the market goes down you can also check whether it has dropped to the lowest and when you’re sure that the market is at its lowest you can invest again and continue to hold.  That way when the market finally goes up you’re going to be getting a lot more than what you have before.

And there are also people who do timed investment and never worry themselves about whether the market is going up or down. That’s also a good strategy.
2582  Bitcoin / Bitcoin Discussion / Re: Bitcoin value and market on: May 29, 2021, 05:05:09 PM
Bitcoin needs  limits.
All Exchangers should have limits it means that there is some limits that btc cant go to Under those prices.
25% correction Will devastate many People Financially.
So markets should have the limits how low the prices Can go then it Will Give some credibility and btc Can be taken seriously.
You as a person that is investing in cryptocurrency why are you not aware that the cryptocurrency you’re investing your money in can go less than 25% and even more?

This is nothing new, and exchanges can’t set any limit, it’s based on the supply and demand, and when they look at it they will set it at what it is supposed to be. That’s why investors and traders has to be very careful  and invest their money wisely so that they don’t end up losing it in the market. Stop waiting for when exchanges are going to start setting limits to price because that’s never going to happen.
2583  Economy / Exchanges / Re: Which exchange is best for trading? on: May 29, 2021, 12:29:17 PM
I am new in this sector. Learning a day by day. I have interest in trading. Many of my friends suggested me different exchange. So now i am confused. Can yoy help me to find out a Best exchange for trading?
Whenever you’re looking for the best to use, you should go for the most popular, and in this case the most popular crypto trading exchange we have is Binance. Binance leads and others follows. Though it’s still up to you and your preference, everybody has what they like, and one exchange might not suit your needs due to one thing or the other, so it’s also good to look at other top exchanges such as Coinbase, Huobi, Robin, Okex, and others to see which is going to work best for you based on what you want. But Binance is still the biggest exchange there is in the market and is the choice of most people.
2584  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: May 28, 2021, 06:32:39 PM
A small interview from Binotto, team principal of Ferrari and it is quite unexpected after the good done in Monaco.
He said he is not sure that they will be fast in the other slow tracks.

Full interview can be found here: https://www.formulapassion.it/motorsport/formula-1/f1-team/binotto-velocita-su-altri-circuiti-lenti-non-sara-scontata-ferrari-monaco-baku-leclerc-sainz-567643.html
Now we are going to race in Baku a track where cars not that fast will have a lot of difficulty performing well.I think the win will be disputed between Mercedes and Redbull only in this track as all other cars are a bit behind in pace in tracks where engine power can make a difference.I doubt Ferrari will perform well here,this track at the beginning did not offer many overtakes but with the passing of the years many drivers have found a few spots where overtaking is easy so this is going to be a much better race than Monaco.
I believe Baku will be one of the best places for Red Bull to end up with another win. Street places with walls on the side is where Red Bull shines, we all know that, they do not have the engine power to beat them in places like Bahrain, but in places like Baku where there are walls instead of just roadlines basically, Red Bull could actually get a win.

These places also have one more great thing about them which is the fact that overtake is harder and that means if you are trying to overtake someone with pure power you are going to end up upset because there is very little amount of space left to take that risk. At the end of the day it is better than monaco for sure but it is still a pole position favorite place and that is why you do not see many gambling places allowing you to gamble after the qualifiers is over, they do not really want to give you that chance because it is usually obvious who finishes at the top will finish the race at the top more often than not.
2585  Economy / Economics / Re: No new millionaires come from stock market in 2020/2021 on: May 28, 2021, 09:20:40 AM
Stop believing those ads telling you can generate passive income investing in Amazon blue chip for as little as $300, those are the ads to make the rich people even richer.
But, what on earth would make you think that you’re going to becoming a millionaire by investing just $300 in the stocks market? How is that even going to be possible? If anyone is going to be telling you that, then you shouldn’t believe them because it’s all lies and it’s near impossible to work.

The profit that comes from stock market is really small and for you to make something reasonable from it you will have to also invest a reasonable amount and that’s what makes your profit to be bigger. But I don’t believe that there haven’t been millionaires from the stock market, it’s not everyone that makes noise about their earnings, and you don’t even have any proof about what you have said.
2586  Economy / Economics / Re: Binance under investigation on: May 27, 2021, 06:19:35 PM
I have a feeling this recent Binance FUD is a coordinated effort and we will forget this is few months when the market rebound. Binance team know this and are not stupid not to take strong people to join their side, they have the money to pay now for political influence and this will help them have soft landing
I don't think they will get away if they have indeed made some mistakes just like how XRP was never able to solve their problems with SEC. That said, it also shows how easy it is to have issues but keep going in this market.

If an exchange doesn't do KYC, it ought to be shut down. If an exchange facilitates tax evasion, it ought to be shut down. I don't know if Binance is doing either, I suppose that's what the investigation is about. However where there's smoke there's usually fire. This isn't some wild fishing expedition. The investigators probably have a pretty good idea of what they're going to find, which is the genesis of the investigation.
Binance asks for KYC once the limits are above the minimum so I don't think that is an area of concern at all. There are some limits upto which there is no need for KYC because you aren't taxable and they are operating on that same logic. If a trader is trading/depositing/withdrawing below the minimum threshold then they don't need to verify their identity.
2587  Economy / Trading Discussion / Re: Why you don't need to HODL or trade Bitcoin on: May 27, 2021, 05:24:27 PM
Hodling is risk free though, OP probably has a little patience that a long-term investment isn't good for OP, did you expect that when you get in the cryptocurrency market, you are going to make it big really fast? Are you frustrated that you sold at a loss and now you want other people to withdraw their hodlings so they can join you and bathe in misery?
Exactly what I was also wondering because the growth in BTC over the last few years has been enough for anyone to hold their coins for a year and sell them. I don't think you can earn profits anywhere close to that in any venture you invest. The expectation of people when they invest in bitcoins, I think, is to multiply their investment 10x within a week. This is also why futures trading is so popular now because people want to become rich overnight and have lost their patience.

I have a friend recently who lost around 18k USDT during the crash because he was trading in futures and held BNB and the market crashed just so bad that he lost all he had earned over the years. When I asked him why he even was doing futures when he had a mammoth capital of 18k himself, he told me because he can easily earn 1k in futures within a few days and sometimes hours.
2588  Bitcoin / Bitcoin Discussion / Re: Should you buy bitcoin right now? on: May 27, 2021, 04:02:13 PM
it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
Times like this are very good times for buying Bitcoin. So, anyone that wants to buy bitcoin should be doing that at times like this so that they don’t end up missing out. It’s just like the news I was seeing today, it was about a guy that was telling everybody to buy bitcoin at the price rate of $1 and now he’s living the life of his dreams like a boss.

It’s just all about buying early, you also need to have the level of patience that it takes to reach that level that you are dreaming to reach.. If not its going to be a total waste of time investing in bitcoin.. Because some people are going to invest and it wouldn’t take time and they will rush and sell their coins. So, what’s the need of investing when you’re not going to be able to have the patience to succeed? I understand that’s not easy but you have got to do it if you’re going to be successful.
2589  Bitcoin / Bitcoin Discussion / Re: Why doesn't bitcoin go up higher percentages like altcoins? on: May 27, 2021, 03:32:59 PM
With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.  And even when btc goes up... you don't ever see it going up that much percent in a week.  I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.
Well it’s not like we all don’t know that Bitcoin is able to hit that high and keep going. But things have changed this time around, Bitcoin is not like it used to be in the past years when it would go up by over 50% in a few days and also crash by 50% in a few days. That was when the market cap was very small and back then it can easily be manipulated by people, but things have changed this time around and you can’t manipulate the market so easily this time around.

The market is strong now and has a huge market cap, so it doesn’t fluctuate that much any longer. I don’t really see anything bad with that, if you can invest and have patience there are still times that it is going to reach that high. Just have patience.
2590  Economy / Economics / Re: Are we entering bear market? How low will btc go in the coming year? on: May 26, 2021, 07:15:53 PM
I think bitcoin will recover soon, it's just because of overbought that occur in the previous months. The hype that Elon Musk given to pump the market to break the all-time highs then today the Tesla not able to accept BTC anymore due to environmental concern. I think $30k is still good, we're not yet going to bear market and I think it will pump one last time and get back to $50k soon. A lot of institutions enjoy the dip, I'm sure they already brought the dip. MicroStrategy already announce that they already add some BTC assets and Justin Sun also purchase $150 Million worth of BTC. Selling will stop soon so we should prepare and enjoy the dip.
I agree with the fact that it was definitely overbought and there was a useless hype that didn't helped at all and that is one of the biggest reasons why we "dropped". I mean we are literally over 8x higher than what we were last year on march so if we are looking at from low to high we did had a great year, the only problem is that we had a mishap on the along the way.

For example, if I remember correctly the year 2019 started at around 3.5k and ended at 7k but people were upset, why? Because we reached around 14k during the year I can remember that. Same but a huge version here as well, we started even this year under 30k and we are doing fine yet when you look at what is going on people act as if we are done and bitcoin is done and I do not think that's true, we can handle even this price as long as it stays and doesn't drop too much.
2591  Economy / Economics / Re: The Downfall of TSLA on: May 26, 2021, 06:41:59 PM
Tesla unveiled plans to design and build revolutionary new battery technology for 2022.
Good to learn something new. The recent hate and negative talks around Tesla have almost nothing to do with their technology as much as it has to do with their CEO, Elon Musk. We all know how his involvement in the crypto has always been speculated and till it was good and profitable for people they even claimed that Tesla's shares are underpriced but because of the downfall in crypto, some are even claiming tesla will shut down.

They claim gains of 5 times the energy, 18% gains in range and 6 times the power. Not to mention gains in manufacturing efficiency and lower cost production.

They plan to license this technology to other automakers in the future. The way that nintendo licensed old cartridge technology over existing technology like CDs/DVDs to earn an extra profit.
That would be a great achievement actually not just for the cost of production lowered but having more manufactures means there would be more cars with the same superior technology.
2592  Economy / Gambling discussion / Re: TOP 100 SPORTSBOOKS on: May 26, 2021, 06:06:31 PM
Rating of TOP 100 Sportsbooks see here <snip>
I don't even care to click the link because no one is interested in knowing the top sportsbooks that don't accept BTC. This is a bitcoin forum so doesn't make sense to post that link.

Rating of TOP 20 Cryptocurrency Sportsbooks see here: http://100bookies.com/sportsbooks-that-accept-cryptocurrency-eng/
So, according to your list Nitrogen is A graded which has so many problems recently while Stake which is doing the best promotion and is on the rise, is C graded. I don't know who makes those lists but needs to be better educated about the recent problems with some sites.

There is also a rank holder no.10 which is a brutal scam so anyone who by chance, visit that link, please don't use the one at number 10 because I don't know for all the sites but 1xbit is a SCAM.
2593  Economy / Gambling discussion / Re: Where to seek help if you need; concerned with gambling addiction. on: May 25, 2021, 06:39:46 PM
There is no need to open up or tell others about your gambling addiction, just tell your family honestly because no matter how difficult your problem is, only your family will really help you, not anyone else.
I am sure your family will do their best to find ways or information and advice that can touch your heart so that you are aware and free from gambling addiction.
Family can help but young age people are more close to their friends than they are to their parents which is why I would suggest informing some of your selective friends about it. Not every friend because you don't want to become a joke or the talk of the town for a problem you are facing.

When I was young, I had a problem talking with my parents about personal problems. You can think of it like how one hesitates to talk about sex or porn to their family but would be laughing it off with your friends. Letting your best friends know about your problems relaxes you and you get the best suggestions from them. What's important is to make sure the friends or people you discuss your personal problems with aren't going to take advantage of it.
2594  Economy / Scam Accusations / Re: elon- fake giveaway on: May 25, 2021, 04:15:05 PM
today I was on facebook to see some news when I unbelievably see this:



Source: http://elon-giveaway.ru

it seems that scammers are always very attentive to anything or person that has any influence to be able to take advantage of that person's image and deceive other people. I hope nobody falls into this scam
It's funny that still people are falling for such giveaways. I have seen fake tweets leading to fake websites where it's being said that Elon will double your doges/BTC/ETH and recently I even saw a fake telegram group where a fake Elon Musk was talking with people and pinned message was leading to another scam website.

I think some time ago Elon's Twitter was hacked and tweets were made like "I'll double any BTC payment sent to my BTC address for the next hour. Good luck, and stay safe out there!" and people fell for it. I mean yes it's okay to fall for such scams because they came from the official account but how can someone get scammed with all these fake websites, groups and telegram channels.
2595  Economy / Trading Discussion / Re: Trader took his own life after the recent huge dump on: May 25, 2021, 02:16:05 PM
I tried to read that article but it has been deleted by Reddit now. I think it might be fake news which is why they deleted it or it might be because it creates negativity. Thanks for sharing screenshot OP.

I currently only trade spot, when the market is crashing like this and buying at high prices, all that needs to be done is HODL.
That's right and spot trading is actually the best for people with low capital and high patience. If the market has crashed at least you know you have the same amount of coins and just their value has dropped which surely will get back up in the coming time. But if you trade leverage then you will be done once the market dumps.
2596  Economy / Economics / Re: A bubble is when price is not justified on: May 24, 2021, 04:18:01 PM
Getting to the point, bubbles happen when you start buying something just because you think someone will pay more for it, instead of looking at how useful is it for you or for a community of people. Buying something is actually telling the market that they are wrong, and what you are buying is worth more than what the consensus means. This is being contrarian, anything else is speculating and creating bubbles.
Well from your explanation, I wouldn’t even say that Bitcoin is a bubble. Bitcoin is a very good investment and if you look at it in several ways you’re going to see how good it is. Although that doesn’t mean that there are no ways that it has disadvantages, but it’s still worth it.

With that said, I know there will be people who wouldn’t believe that Bitcoin is not a bubble and that’s because they don’t have any clue on what Bitcoin is all about, and since they have understanding of it, they are just going to be making all kinds of assumptions that are totally wrong. But, with time Bitcoin to going to grow, and they are going to fully understand it.
2597  Economy / Economics / Re: 🔴 Breaking News - Elon Musk is going to part with all his Bitcoin BTC on: May 24, 2021, 09:49:10 AM
It seems that Elon Musk is going to part with all his Bitcoin BTC in a very short time?
We don’t know about this for sure, maybe he hasn’t sold his coins yet, this tweet is not a proof that he has sold his coins. He’s just trying to let people know that the first tweet is right about what he’s likely to do when the hate continues.

Moreover the price has already gone down before the time that tweet was made, so if he should be selling it is not going to be at a high price, it’s going to be around this current price. So, I am not going to say that he really caused it fully, although I do think that he was part of what has caused the price to crash, because his tweet on Bitcoin as of recent and the kind of actions that TESLA has taken against bitcoin really made some people to jump out of Bitcoin and go in search of other coins.
2598  Economy / Gambling discussion / Re: What is the best Sport to bet on ? on: May 24, 2021, 07:42:58 AM
in my case I not only prefer to do this but I also prefer to only bet on sports in which there is only one participant on each side, the reason is that in games like soccer it is very difficult to measure how much of an effect an injury is going to have on a team when the backup has almost not played at all, but in sports like boxing even the slightest injury could cause a decrease on performance that it is easier to measure.
Yes and some team sports also face injury problems. Some players will play despite knowing they have a niggle or some kind of problem and that will impact directly their performance and as an outsider watching the sport, you can never know such things.

The best sport to bet = The sport we love watching because ultimately you are gambling for fun and need to understand that. There exist no sport where one can always profit neither there is a sport that comes with the lowest house edge and the best odds. So it all depends on which sport you like to play/watch and you think you can guess better.
2599  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: May 23, 2021, 06:45:14 PM
@spartaneca I’m praying for a Juventus loss because that’s the only way Ronaldo will come to Manchester United, and I know Juventus is a huge club but I want him back at my favourite club. Furthermore will Napoli lose the biggest game of the season, I feel they’ll not, but then again nothing is guaranteed in football so let’s see how it ends.
Juventus if win this match, won't take a fourth position to Champions League if Napoli or AC Milan win their matches too.
Honestly I do believe that Juventus will finish 5th this year. I know that is a horrible situation for them because they feel like they deserve better but the reality is that they may not end up with something that good in the end, that is understandable because they had a horrible year on injuries and covid as well.

So yeah they will finish at a bad place but the good news is that they have the roster and talent to get back up right away next year, that is why they are not going to be worried and I know that fans are usually ruthless when it comes down to this type of stuff that means they will end up with a bad result as well, but the reality is that if the fans could somehow hold on for another season they will see that next year they will once again be a team that can win the title, without selling or buying any new players they still have that power.
2600  Alternate cryptocurrencies / Altcoin Discussion / Re: This is heartbreaking on: May 23, 2021, 05:42:05 PM
I decided to check out coinmarketcap.com/new today for any new listed projects but what I saw is heartbreaking, many people are just creating versions of their own meme coins over and over, if you see this and you don't have a change of mind about meme coins you will forever be a fool



They are patiently waiting to start an hype and idiots who want to buy Mansions in a week will start buying in
You know what's sad about this? Those things are up, and going up as well. That's the scary and sad thing about this situation because people know that there are idiots out there who will buy and hope to get a mansion in a week and then the real idiots go in thinking about those idiots. This creates a cycle and that's the horrible thing about this situation is currently.

I do not know what to do, I do not know how to stop people but the reality is that if we are in a situation where even the most stupidest copy paste idiotic tokens are bought because it is known it will be bought, creating a cycle of buys, that is really very sad for our world. I hope that soon all of this doge, shiba, whatever meme things will end soon and we will end up back again to putting our money into projects that are actually trying to do something and improve upon the past.
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