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2601  Economy / Trading Discussion / Re: Microstrategy purchased again 301BTC. Is this a sign? on: September 22, 2022, 09:09:01 PM
They always buy bitcoin every time it dips, and that's not even guarantee that the Bitcoin's price will go deeper, maybe it is the other way around, it'll pump but not an indicator of a continuous bull market. The biggest advice is that always trade with precautions, don't get easily baited by FUDs and just sell your coins because of having a panic.

Here's their purchase history.
Buying bitcoin when it dips is a very very smart decision and this is a proof of that as well. It's clear that if you do not know what you are doing then you would be selling when it crashes, but that's clearly a mistake because you are selling it when it is bottoming out.

If you want to make a profit then you should be investing when it is at the lowest point, which is right about now. FED gave us a gift, you could be worried that it has been nearly a year since it dropped from ATH and worried that it may "never" recover but the reality is that we are getting there, it is going to be higher. We could never know when it will go up, but it will, and when it does, buying at low will look like a steal.
2602  Bitcoin / Bitcoin Discussion / Re: How mentally prepared are you? on: September 22, 2022, 05:50:42 PM
A true newbie, i.e one that hasn't invested in Bitcoin or stocks before is going to have a fun time. Espeically, if they've over invested. Although, that's usually not the case. As a newbie you're usually a little bit scared to dip your feet in, even though you're sure that Bitcoin can help your current situation. It took me a long while before I built up that mental fortitude to be able to keep invested, especially when we've taken big dives.

The price barely effects me these days. I'm not concerned in the slightest, and I've accepted whatever will be, will be. Ultimately, if you don't invest in Bitcoin you have to rely on a third party to manage your money or be severely limited to only local transactions with cash. Plus, you're very likely going to be in the rat race until the day you die, with Bitcoin, and the way it can move up, and down quite significantly you have a chance of potentially earning some money you otherwise wouldn't with being invested solely in fiat.

So, taking all that into consideration, newbies should develop their mental game over a few years, usually. Although, investing small amounts is definitely the best way to show what you've been missing out on, but also not become to effected with the swings.
That's the thing about newbies, they are both more brave when they shouldn't and end up getting lucky, or they should be happy to join in and they do not because they do not know what they are doing.

It's not an easy decision because it does get to a point where you can't make a decision just yet, it's going to be something like bitcoin going up and you should join and veterans would be careful about a bull trap, whereas people who are newbies would join anyway, and if the price actually does go up, newbie would be right, but in the long run veteran would make more profit after a few years. That's why it's not always a guaranteed way of trading, and mentally it's important to be ready for the long term.
2603  Bitcoin / Bitcoin Discussion / Re: Price prediction based on Fed's decision T/F Price analysis? Possible? on: September 22, 2022, 05:30:51 PM
Bitcoin speculators consider a lot of factors which probably include the Fed's big decisions to strengthen the USD. We need to remind ourselves that Bitcoin is already a mainstream investment option and a significant number of Bitcoin investors are the same people who are playing in the traditional market. Bitcoin isn't anymore a very radical option these days. Many Bitcoin investors are the same people that give weight to the likes of interest rates.

But then Bitcoin isn't a US currency. It's a global currency and asset. The Fed's decisions can't be made as a determining factor. It's just one among many factors.
This is especially true when we are talking about whales, it could be people or it could be hedge funds or corporations and we can easily say that they are part of everything and not just bitcoin. They spend billions on bitcoin but they also spend billions on other things as well, have investments probably all around the world too.

That's the reason why we are talking about something so major, it is going to allow people to make sure that they are involved in something that billionaires are part of as well. This is a good thing, for the first time ever they can't cheat their way out of a system, they will earn as much percentage as we do, or lose as much as we do.
2604  Economy / Economics / Re: Will crypto jobs make government jobs irrelevant in the near future? on: September 22, 2022, 04:16:05 PM
Currently the daily transaction volume of cryptocurrencies is very large and a positive thing for the government to its citizens, there will be many benefits that can be obtained, for example reducing unemployment, when many types of investments die due to the pandemic but the cryptocurrencies industry continues to move positively until now.
Unemployment is a great angle if you look at it that way, this means that thanks to cryptocurrencies more people will either have an income or a profit and they will not need to work and others could work instead, which yields a bigger net of people who would be paying taxes in order to continue living, and that brings in more money to the government as well.

I am not saying that we should have just all people working towards this situation, of course there could be some sort of situation where we do not end up being that great, people who lose a lot of money for example would be burden, but at least the potential is there, and should be taken full advantage of.
2605  Economy / Gambling discussion / Re: How to choose an online casino? on: September 22, 2022, 10:32:33 AM
People spend their time and money differently. Spending at the casino is not the worst way, because there is a microscopic chance to win, compensating for this time and money costs. If you enjoy this process, then it is no different from other pleasant activities. Someone enjoys visiting clubs, someone racing cars, and someone gambling. In each case, moderation is necessary, otherwise it will cease to bring pleasure, and then there is no point in doing it.
Yeah, it depends on the person. If you have a control when gambling and only see gambling as a way to get entertained then you won't think that you spend your money in a worst way. If you think the chance to win in gambling is too tiny then why waste time and money trying? But, I think it will also depend on the game and the odds you set. You cant always say that there is only a slim chance to win in gambling.

But still, this topic is about choosing an online casino, and therefore, I want to say that OP can find out about the best casinos in Gambling section and you to pay attention to those casinos in the topic of which there are the most discussions.
And that section can be found here. Ann threads with most discussions are not an indication that a casino is the best, 1xbit for example. They already have 296 pages and over 5k of replies but most of it are just a complain about how scammy they are.
2606  Economy / Economics / Re: Going to war means let's ulter the economic progression on: September 21, 2022, 09:18:30 PM
The war could not only ruin and end lives but also kills the economy as it gets worse each day. The innocent lives of those who are trying to survive are highly affected by economic progression. Even huge capitalists and investors are affected. It could cause a global economic crisis just like what is happening right now due to the war between Russia and Ukraine.

As much as possible, small countries that couldn't deal with the effects of war are trying to avoid it but there are powerful countries that want invasion since they're fully equipped and prepared for its consequences just to pursue their desires. It could definitely affect people not just physically but also emotionally and could even cause trauma. If the current war wouldn't end as soon as possible, there will be a huge effect globally that we might experience in the future especially since Russia has a huge role in the oil supply globally.
Lives are at stake and that is much worse than the economy part, I understand people all around the world who are not involved in this war doesn't care about the possibility of death, because they are not living there.

But, imagine being a person from Ukraine, and how there is a possibility that Russia could literally bomb you and kill you and cause you so much pain, in fact worst thing could be them killing everyone you love and not killing you, making you suffer through life knowing that everyone you loved has died in agony due to war. Hence, bad economy or not, I accept even worse economy if the war would end, but it would also help the economy too, so ending the war has super amazing results.
2607  Economy / Trading Discussion / Re: ETH/BTC, what does it reveal to you? on: September 21, 2022, 09:54:34 AM
I would say, ETH/BTC is a more predictable pair than some others.
I followed this pair before, and for some time the ratio was always approximately the same. also, any change was never drastic in the short term, and because of this bad positions did not necessarily bring big losses.
at least this was my case.
Yeah, that's mainly because both of them are coins that does well and I do not think that they ever had any big troubles which means that in the end they are going to be doing fine and we shouldn't be shocked about it. If the rate stays around the same, or at least goes to a place where it is totally understandable then we would be able to say that it's a good thing and it would be a common predicted thing.

If the price goes higher then it would be a bit different and weird. So, the success and top 1-2 ranking of these two makes sure that we are doing the right thing and that's a very important situation to be in, I can't say anything more praising about any other coin. They are just that much solid.
2608  Economy / Gambling discussion / Re: Cricket match prediction discussions on: September 21, 2022, 08:39:53 AM
ICC funding policy is a joke when it comes to associate nations. They could potentially solve this issue if the ICC stop romanticizing test cricket for the associate nations and just focus on T-20.

Also about the highlighted part, if that was the case then BCCI will run away with more than 50% of revenue because ICC's 70-80% revenue comes from the Indian market only.
Here I agree now it's time for changes and ICC need to be done this as well if they are serious about better future of this game and try to encourage teams for T-20 format instead of all formats because this is nothing positive for this game and good future of this game even I feel they need to be generous about India as they are surely the biggest shareholder in revenue, so they deserve big part of this profit as well but here now also time for changing in ICC system is also needed which will bring good increase in revenue and lifelike for many countries which are going to be in cricket specially like West Indies, Zimbabwe and Bangladesh which are not good and have no enough quality for test format because this need good investment and better structure which is not possible with current financial situation in these countries.

In long run they need to have thought about just two formats like test and T20 with leagues like T10 and The Hundred depend on boards own commitment because this is currently not suitable for them as well but can play good role in future for many new teams.
2609  Alternate cryptocurrencies / Altcoin Discussion / Re: Now it's time for staking on: September 21, 2022, 06:03:51 AM
Dude, now is really not the time for staking. It’s such a massive risk for relatively low reward (versus the risk of leaving your crypto in somebody else’s control.

Seriously just DCA during this bear market & the profits you’ll get in the next bull market will far outweigh whatever pittance in comparison, you can get from staking.
You do not just make money by staking ETH, you make it by holding ETH as well, and if you are going to hold it, might as well stake it as well because why say no to extra money? At the end of the day the hype came and go, people bought a lot of ETH while waiting for the merger and after it didn't skyrocketed they sold their ETH and price may have taken a little bit of hit but we have seen lower prices just recently so this is mild.

At the same time, we will have staking and people buying more to make more, that means the price will go on higher and that is why you should have some ETH, not just so you can stake it, but because the price of ETH will recover, like I said, if you do then staking it just extra bonus on top of that.
2610  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins will not survive the bear market? on: September 20, 2022, 10:04:30 PM
Only few coins are the trusted one,some of them are potential one in the bear market.ADA was sustainable one in the market.The price of ADA was not reduced as like the other coin.It’s my personal strategy,it may vary from each people.Some traders holding the most of the altcoin for the longer period to earn some good profit in later.Many fake project are emerging now,we should do avoid of such projects.
ADA is not bad that's true, but they are not developing at a pace that would benefit them, they could have been faster and better and be higher right now but they failed, there is still a huge community behind it, and developers are working but I feel like it missed its chance to be long standing amazing one, it needs to get faster.

At the same time, btc, eth, bnb trio seems to be there for a long time and feel like they will probably stay there as long as we live, if you remove stables those are the top three cryptocurrencies and that means they must be doing something right. BTC is obvious but the other ones are working constantly to stay there.
2611  Economy / Speculation / Re: Does anyone think it will be much harder to buy bitcoin later on down the road? on: September 20, 2022, 12:00:29 PM
Different countries will set rules as Adoption of crypto increases, some maybe open for now and didn’t include any tax but later on as they see how the adoption and number of user increases they might also consider it. But surely it will be much easier to buy bitcoin by that time since they have already pattern or guide to use since there are already Governments now who is implementing stricter rules in buying and selling crypto. When it comes in accessibility it will be more accessible in the future as crypto adoption rises.
I am sure taxing will be implemented one way or another. If you know about governments you would know for sure that their sole income is usually the taxes, or at least biggest in all cases, they take money from us when we are earning, they take money from us when spending, they take money one way or another and that's it.

This means that we are going to end up with them taxing crypto too, if they can find a way to tax the air we breath, they will do that. And not like this is just one nation, every single nation in the world does this, some maybe spend that tax on good stuff like education or healthcare, but some spend it on making themselves richer, that's the only difference.
2612  Economy / Trading Discussion / Re: How can all (or most) cryptocurrencies rise and fall at the same time? on: September 20, 2022, 06:36:33 AM
The price and, ultimately, the charts on any given exchange are determined by the price of the most recent transaction. How can the prices of 100s of cryptos all move in the same direction at the same time?
They adhere to a general trend, with Bitcoin remaining the one that they largely follow because it is still the best cryptocurrency to use. Additionally, the general mood of one sector of the market typically affects the other sectors, thus when Bitcoin is down, it certainly raises a negative mood (for the most part) in the altcoin sector. Not to suggest that altcoins don't have their own market; pumps and dumps still differ from coin to coin, but most of the time whales are controlling how much a market pumps or dumps.
It is understandable because people get into crypto world via bitcoin mostly, and then they start to look at other things as well. Not all people but most people buy bitcoin as their first coin, and then they could end up buying other things for bigger returns if they get greedy, or they could be like me where they end up with just bitcoin and maybe a bit of eth as well.

It is clear to me that it is the best option, but also more than that we have a HUGE futures market as well, people long or short bitcoin a lot too, and that is even bigger peoples market, billions change hand there everyday which causes the market to be huge and bitcoin being bigger than all others.
2613  Economy / Trading Discussion / Re: Crypto agents on the increase on: September 20, 2022, 05:41:49 AM
It’s better to be extra careful and be exaggerated than to regret it at the end. I don’t pit all my investment in one wallet same with I o try to invest in other things like real estates and gold than putting all in crypto. We know how scammers will always find way to get victim so we must be always attentive in every link we visit and every code or password we type in. Even before there are already many scammers and some where also able to create their own projects and once succeeded in the ICO they all just run and hide. We should be smarter and learn from our previous experiences as well from experiences of other to avoid losses. Just keep in mind that scammers is always there just waiting for us to bite their plans.
That's an option that you could use, but not many people have enough money to buy real estate for example, and I dislike gold because it is definitely not that much better. Think about it this way, gold is an asset that you invest into and it either goes up or down, but when was the last time you spent gold to buy something?

On the other hand, we are talking about bitcoin which is also an investment that can go up or down but you could also spend it to buy something as well. This is why it is such a better option for me, and I do diversify my portfolio as well but within the crypto world, sometimes it looks futile because they move together but the amount they go up or down are usually different.
2614  Economy / Economics / Re: How to be more effective working remotely. on: September 19, 2022, 09:10:59 PM
The best way to decrease effectiveness of working remotely is to decrease amount of elements that can distract. Working place must be far away from kitchen, food or TV. Separate room is a must. Also, dress code is necessary. If you work from home dressed in sleepwear, lays on sofa - then your working day wont be productive. Your remote work will be sort of a working from vacation.

I would suggest to simulate office working day while working remotely. Work from separate room, dress appropriately (jeans + t-shirt is ok), make timetable (when you have a lunch and 15min rest). Otherwise remote work will be not a proper work, but an addition to relaxing at home.
I do this mostly, I am away from kitchen or living room or anything, I have an "office room" of my own where I just have my books, and my PC, and I keep working here with closed doors because it allows me to just focus on the good parts of the working day, and doesn't have any distractions. However sometimes PC itself could be distraction, there are so many websites you could go to and get distracted, a simple youtube search could literally cause you to lose hours upon hours, so you should be careful.

I disagree on clothes, many people say it but I never liked it, not only it doesn't work, it also makes me feel uncomfortable and unless the point is to be uncomfortable enough to want to finish work quick so you can take the clothes off, it doesn't work for me.
2615  Bitcoin / Bitcoin Discussion / Re: Well! Bitcoin doesn't have this problem on: September 19, 2022, 07:46:59 PM
The problem I see here is the part where the hospital or the one doing the services would have a hard time dealing with crypto because they might have to do some legal stuff in accounting to account for that. It will depend on the acceptance of BTC. If the hospital is willing to, I think it would be okay, or find someone willing to trade it for you locally.

But I think the lesson here is that if you controlled the actual wallet, she wouldn't have been in that situation; I think we should all agree on that.
I am sure that most of them do not know how to do it, but they could always end up learning about it or hiring someone who already knows about it. That way it would be simpler and it would make sense, I am not saying it is going to be something that would be a big deal, it is an easy thing to do, if all other places in the world starts accepting bitcoin, then hospitals would have a field of people who worked in crypto related accounting jobs here and there, and they can hire people who have done it before.

I agree with the wallet deal though, crypto gives you the full power and nobody could take it away from you, it is your money and will always be your money.
2616  Bitcoin / Bitcoin Discussion / Re: Bitcoin all over news so not unknown fiction anymore on: September 19, 2022, 07:12:40 PM
People who said its something strange now start to get interested about bitcoin.
Its all over news and btc is mainstream now

People trust now btc becouse they dont trust things what not supported by well known people.
More investors will jump in couse of ELON MUSK .

Those who trust tesla trust bitcoijn now
Wow seeing the OP’s post, it really gives a nostalgic feeling.
Really at that time Bitcoins were really in hype due to the high price and Elon musk’s twitter posts.
Nevertheless this time will again come , where people will again rush and panic to buy the Bitcoins due to the price high. And big businessman like Musk etc will do big posts about Cryptos.
As OP mentioned, yes Bitcoins are quite popular now, and each and every person have now heard about Cryptos.
Those type of hypes do happen all the time, usually it stayed with social media but this time around it became part of regular media as well, you started to see stuff about bitcoin and even smaller coins in the crypto world about altcoins as well.

I remember watching "coin founders" online as well, made no sense to me since I prefer decentralized projects, and seeing people who created their own coins to be talking on TV made no sense to me, it was still a good thing about media having some attention period towards all cryptos. Now we are back in bear market and not see that much on TV, we hear about it on newspapers but not on TV, which I am sure will change when the bull comes and we will be back on TV again.
2617  Economy / Economics / Re: What is regulations turning into on: September 19, 2022, 06:44:30 PM
Although we hate it, the real truth is there was no real decentralization or privacy practice either from exchanges or online wallet services like coinbase. Yes, there are full of regulations on the crypto space and it was the same in real life. Anyone of you here, can you buy alcohol without giving your driver's license in the US? Small details like that showed that both on-chain or off-chain, are still full of regulations and at some parts, we have to show our ID or KYC to get anywhere over the process.
When I saw Tornado Cash got sanctioned by the US, no surprise here.
Decentralization is not with you, it is with the coins. What you do with coins will never be decentralized, exchanges, wallets, trading, they are all under supervision of the government and so forth, which means that you shouldn't really be worried about it but that is how life is going to be like.

However, bitcoin itself is decentralized for example, it can't be controlled by anyone, in fact ETH is decentralized too, maybe we merged into another fork and another chain now, but that was decided all together, if we decided not to then it would have been a trouble. All in all we should be happy with what we have, not more.
2618  Other / Politics & Society / Re: The economic danger of China and Taiwan war on: September 19, 2022, 05:39:50 PM
I can say that the US and NATO will not be weakened if they can supply Ukraine with unlimited weapons. Instead, they are rather timid about supplying Ukraine with weapons, weapons are limited and how Nato's soldiers will fight without weapons in hand. Aid is a problem that is causing headaches for the US and EU because if Ukraine cannot end the war with victory, it will be a huge loss for all that they provide to Ukraine. There have been many warnings from military analysts that if aid continues to Ukraine, both the US and EU will deplete their arsenals.

I think they compete for Taiwan there, the semiconductor industry plays a key role in Taiwan, everyone wants to own it.
Let me put it this way, USA supplied Ukraine with 1/10th of their yearly budget, and it has worked wonders and Ukraine has managed to push off Russia already, and that is literally just 1/10th of their budget, probably less. They sent about 40 billion dollars worth of military stuff, and around 40 billion dollars worth of cash or equal stuff, like to buy these things or food or shelter or clothes etc for people, and they have 800 billion dollars budget for military each year.

So, imagine the scenario where Russia and USA goes against each other. Obviously it would be horrible due to nuclear weapons that will destroy the world, but if we remove nuclear weapons, Russia would fall within just a few months, if 40 billion sends Russians back, think of 800 billion per year could do to them.
2619  Alternate cryptocurrencies / Altcoin Discussion / Re: Fan Tokens on: September 18, 2022, 09:16:40 PM
I'm sure not many football fans buy or own this fan token, so I guess it just looks like bullshit, I love football but maybe don't want to also have this token as an investment, if you believe it's a good investment invest in yourself alone
When it comes to investing, a good investment is one that is profitable, There is no difference between a fan token and a meme token in my opinion. They are useless but can be pumped by sharks because the biggest football event on the planet is approaching, so they have the potential to be profitable.
If you have meme investment then investing in Fan token is not a trivial matter. as long as you invest with enough money to lose and don't hold them for as long as a real investment like bitcoin or top coins.
Hype is not a good enough reason to buy a token though. I mean if it's hyped then it will make you some money that is true but what if it isn't hyped? Why take that risk? I would personally discourage everyone to do something like that.

The better result would be just focusing on something that is a bit better by investing into fundamentals of a project. Look at the biggest one, bitcoin, it is by far the best rated one so far and ranked at the top, these tokens needs to provide me with a better reason to invest into them rather than bitcoin and so far "it could go up a lot if hyped" is the only reason people can give me and that is not a good reason at all.
2620  Bitcoin / Bitcoin Discussion / Re: Why do you think bear market is affecting Bitcoin (Crypto currencies) so badly on: September 18, 2022, 05:33:31 PM
Crypto investing is indeed just like investing in any other business. But investing in crypto can be done by almost anyone who wants to profit in the future or, say, a few years later because we can start investing in crypto with a small amount of money. That's why people can start investing in crypto, especially those who don't have much money to invest. But unfortunately, not everyone has the mindset of an investor who thinks that by investing, they can earn a hefty return in the future.

Many are still afraid to invest in crypto because of a scam or something else. But it will all depend on how they can get the right coins to invest. And if they just chose bitcoin, I think it would be the right decision.
People see it as go all in right now and wait for it to go up type of investment and not like 401k type of retirement fund. I rarely ever hear someone who puts up a certain amount of their salary into bitcoin every month, and plan on doing that until they retire.

I keep saying that if you put 10% of your salary into bitcoin for the next 20 years, and just keep doing that without ever selling, by the time you retire you are going to be able to say you are a wealthy person and could do whatever you want and your children will have an amazing future because you will leave them a wealth. But obviously most people want to get rich right now and that is the only thing they see in bitcoin.
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