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2601  Bitcoin / Bitcoin Discussion / Re: How I Missed Out of a 10 Year Bitcoin Investment Plan on: November 07, 2021, 06:44:24 AM
That's a pretty interesting story,OP. I find it hard to believe.
I wonder why you are sharing this story with us right now.You could've done it way earlier,like years ago.
The guy must have been a scammer.Asking for an investment and offering you a 70/30 share seems too sketchy.If he was so convinced that Bitcoin is going to rise,then why he didn't invest his own money,or why he didn't ask his own friends and family.Asking strangers for an investment and promising gigantic profits seems suspicious.I assume that he provided some proof,but proof can be faked.
This guy was most likely a scammer,but he predicted the future. Grin
2602  Economy / Gambling / Re: Automated Betting Software on: November 05, 2021, 12:27:33 PM
Automation doesn't always lead to success,when it comes to gambling.
If you are already successful with sports betting,why would you want to automate this?
Will this increase your profits?Are you too lazy to place the bets manually?
I'm skeptical about such software,because no software is perfect and there will always be bugs and errors.
Are you aware about matched betting?It's pretty popular in the UK.There are some"software-as-a-service"(SaaS) platforms about matched betting.Unfortunately,I forgot their names.
Anyway,good luck with your project,OP.

2603  Bitcoin / Bitcoin Discussion / Re: JP Morgan believes Bitcoin is Overpriced on: November 05, 2021, 12:00:12 PM
Every JP Morgan analysis about Bitcoin is basically a joke.I don't want to bother analyzing this "analysis".
What do they mean,by saying that the Bitcoin price could reach 73K USD,if the volatility of Bitcoin drops?
Can the price volatility of Bitcoin be lowered by something or someone?I don't think so.
The price volatility is what makes Bitcoin so "sexy" for the risk loving speculative investors.
Turning Bitcoin into a stablecoin would kill all the advantages of Bitcoin and make it as boring and useless as a "financial junk".
2604  Economy / Economics / Re: How can strikes affect short-term inflation? on: November 05, 2021, 06:28:40 AM
Strikes have nothing to do with short term or long term inflation.
Inflation is a process of national and global scale.Strikes can only affect the economy of a region or a city.They are strictly local and they cannot affect the national or global economy.
Even national strikes cannot have big impact over the national economy,because they are too short term.
If a strike somehow helps for creating inflation in the economy of a city or a region,then more products coming from other cities and regions will be imported to that cirty/region,causing the prices to go down.
OP,I feel that your post is more emotional rather than logical.Are the workers in West Virginia really treated as slaves?Public service employees don't have any right to strike in most countries in the world.Sad but true. 
2605  Economy / Gambling discussion / Re: ⚽UEFA Europa Conference League Discussion Thread on: November 05, 2021, 06:08:19 AM
I guess that the Roma players aren't motivated at all in the Conference League games.
Their top priority is the Serie A.Despite the disappointing results against Glimt,I'm sure that Roma will get out of the group stage and reach the quarterfinals or semifinals of this tournament.
The other game in the group was an unexpected win for Zorya against CSKA.The game was dominated by CSKA,but Zorya scored two goals at the end of the match,due to mistakes made by the CSKA defenders.
Roma and Glimt are the strongest team in that group.Zorya can't stand a chance against Roma and the champion of Norway.
2606  Bitcoin / Bitcoin Discussion / Re: Bitcoin's Fungibility Issue on: November 05, 2021, 05:47:32 AM
Why do you have to compare Bitcoin to gold.Why don't you compare Bitcoin to fiat money.
Fiat money can also be "tainted". That's why money laundering exists.It existed way before Bitcoin was made.
Like other the forum members said,Bitcoin is still perfectly fungible.It's the government regulations,that are dividing Bitcoin/altcoins into "clean" and "dirty".Financial crimes and money laundering have to be fought.
What's the solution for this problem?Well,just don't get involved into financial crimes and try not to use Bitcoin mixers.If you don't have anything to hide,then why would you use a Bitcoin mixer at the first place?
2607  Bitcoin / Bitcoin Discussion / Re: Necessary reminder: watch out for $5 wrench attacks on: November 04, 2021, 02:49:12 PM
Perhaps we should compile a list of tips and tricks about what to do in order to be safe,if you are rich.
If you are rich and famous,hire bodyguards and buy a house that looks like a well equipped fortress.
If you are rich by having lots of BTC,but you are not famous,then try to stay as anonymous as possible and don't tell anyone about your wealth.Try not go get doxxed.Doxxing is pretty common these days,most of the personal info of everyone can get leaked online.
Publishing assets on social media makes people tempted to rob us, because one robbery incident is usually from oneself who is too ostentatious of wealth
Don't 50$ for 10$ even the robbers, if they are cornered, will kill us, so avoid announcing our assets anywhere, just be quiet like people who have nothing so that our lives are safe

This is easier said than done,because almost all rich people have a luxurious lifestyle.
You can't just lie to the robbers saying "I don't have any money!" while you are wearing expensive clothes,driving a Lambo and living in a big penthouse.The robbers aren't that dumb.
2608  Economy / Economics / Re: 6 billion to solve world hunger? on: November 04, 2021, 07:05:33 AM
I'm sick of all the "save third world countries from hunger and poverty" type of foundations,who are only begging and asking for money,but nobody can measure their effectiveness and control how the money are actually spent.
Musk can donate them 6 billion dollars,but:
1.A portion of the money will sink into some pockets,without any positive impact for the poor.
2.They will feed the hungry people for a while,but when the money runs out,the people will become hungry again.
The solution is better education system,increased birth control and more investments in the industry and agriculture sectors of the third world countries.
2609  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- Group Stage! on: November 04, 2021, 06:45:50 AM
The only interesting thing about the last UEFA Champions League round was CR7 saving Manchester United from losing against Atalanta.The other matches were no surprise to me.
I guess that the English teams(except Man United) are still dominating European football.Liverpool,Man City and Chelsea are favorites to win the trophy.Only Bayern can stop them.The rest of the German teams(Borrussia,Leipzig and Wolfsburg) are pretty much mediocre.
PSG and all the Spanish teams are not in their best shape,so they are no match to the English teams.
Italian teams can be unpredictable,but the strongest Italian team-Juventus usually doesn't win the tournament.They have lost many finals so far.
2610  Bitcoin / Bitcoin Discussion / Re: Treasury bonds and bitcoin on: November 04, 2021, 06:13:49 AM
Treasury bonds investors would never put their money into Bitcoin,because they hate risk.
That's the good part about treasury bonds-the guaranteed interest payments,even though the income might be negative due to the inflation rates.
AFAIK,the investors of federal and state bonds in the USA have some kind of tax deductions,so buying and holding such bonds comes with tax benefits.Maybe that's why they are still buying bonds,despite the negative ROI.Anyway,I'm not an expert on that subject.
The belief that many investors will just sell their treasury bonds and decide to buy Bitcoin is just ridiculous.
2611  Economy / Speculation / Re: When new ATH? When moon? on: November 03, 2021, 11:52:19 AM
It's been almost 2 weeks since Bitcoin made a new ATH from $65K to $67K. Price is currently (as or writing) around 5% down at $63.5K. But when will we see another new ATH in Bitcoin?

Do any of you still think this is a double top that won't be broken ? How many of you are waiting patiently for 6 figures ?

Why do you even care?
Are you sitting impatiently 24/7 in front of preev.com loaded on your browser and waiting for the Bitcoin price to go up? Grin Relax and forget about the price.There are better things to do in life.
I don't expect the BTC price to hit 100K anytime soon.Maybe the end of 2022 or 2023.Who knows...
There were "experts" that were predicting a 100K price by 2029-2030 and their analysis was made years ago.
No analysis can be 100% accurate.I'm not eager to see a six figure BTC price.The market would collapse due to the greed and FOMO madness,leading to another wave of panic selling and crashing the price by 50-80% to levels below 50K USD..

2612  Bitcoin / Bitcoin Discussion / Re: Not your vault, not your money. Why some nation-states will HODL Bitcoin. on: November 03, 2021, 11:29:09 AM
Do you imagine what will happen to Bitcoin,if the taliban regime actually bought and hold Bitcoins?
The trolling about Bitcoin being "the currency of the scammers,criminals and terrorists" will return in full scale.
We don't need this s*it.The big western countries might even decide to ban Bitcoin,only because a regime like the talibans would buy and use Bitcoins.
The USA had spent 2 trillion dollars in Afghanistan with zero results.Of course that they will block a few billion dollars of Afghanistan reserves held by US banks.
2613  Economy / Economics / Re: Bitcoin adoption by banks - good or bad? on: November 03, 2021, 07:06:51 AM
As far as I see, a lot of people here are very happy when they read news about this or that bank adopting bitcoin exchange, offering crypto related services or doing something related to crypto.

At some point I understand that people like it because they want to see crypto everywhere but the downside of this is that crypto gets more regulated and I think it losses the magic/spell that it had before. Personally, I think that more adoptions and regulations won't do any good for bitcoin, it will just become a little bit different digital version of fiat. I think as time goes, anonimity, decentralization and these words are fading away and they turn into myths like Greek gods.

Crypto is going to be heavily regulated WITH OR WITHOUT adoption from the banks.
Actually the banks will be more willing to adopt cryptocurrencies,if the cryptocurrencies are more regulated and there's better legislation regarding the crypto industry.
The people,who are happy about cryptocurrencies being adopted by the banks are excited mostly about the possibility of the Bitcoin/altcoin prices going up due to the bullish news.They don't care about the increased level of convenience or anything else.
By the way,I don't think that many banks are becoming crypto friendly.Most of the banks worldwide are still pretty hostile or at least neutral towards the cryptocurrencies.  
2614  Bitcoin / Bitcoin Discussion / Re: Verified Information - Missed Opportunities on: November 03, 2021, 06:15:34 AM
A few years ago,I've sold multiple Bitcoins at a price below 1K USD or even below 3K USD.
Do I regret this?Yes.Was I expecting that the Bitcoin price is ever going to hit 60K USD back then?Definitely NO.There's no point of looking at the past and regretting your mistakes.We just have to move on.
That guy (Greg Schoen) probably would have never expected that the Bitcoin price would ever hit even 1 dollar.That's why he sold his BTC.
This might look silly now,but try to put yourself in the shoes of a guy having Bitcoins back in 2011,when Bitcoin was still considered an experiment.Why you sell those Bitcoins for USD?Probably yes...
2615  Economy / Economics / Re: $1 Billion Science Fund to Use Blockchain Projects to Extend Human Lifespan on: November 02, 2021, 11:48:24 AM
I appreciate the fact that blockchain technology is being used for scientific purposes(even though there's some kind of altcoin/token that is going to be issued).
But!I hate the whole idea of increasing the longevity of life.There's something wrong with that idea.
If you have an already shitty life,making that life longer doesn't add anything.
I prefer 60 years of a shitty life,rather than 120 years of the same shitty life.
It's the quality of life that matters the most,not the longevity of life.
I can't imagine retiring at the age of 65 and living 60 additional years as an old,disabled and probably lonely man.That would be a complete hell.
2616  Economy / Trading Discussion / Re: Bitcoin the king on: November 02, 2021, 11:23:20 AM
Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

OP,there's no point of asking rhetorical questions.Both we and you know the answer.Bitcoin is the king and this won't change anytime soon.Altcoins might get pumped,but this is only temporary.
From where did you get the info about 9000 cryptocurrencies on the market?Do you count all the tokens,that were built on top of ethereum as cryptocurrencies?I don't think that the tokens are actual cryptocurrencies.
90% of those 9000 cryptocurrencies are dead shitcoins with a ridiculously low daily trading volume,that are just sitting there forgotten by their developers.
I wonder what would be the altcoin that will dethrone Bitcoin,but I can't figure out what kind of features must be attached to an altcoin,in order to have a big advantage over BTC.
2617  Economy / Economics / Re: Getting things off your list. on: November 02, 2021, 07:20:53 AM
I kinda agree with your point.Things become more expensive day after day,so it's a good decision to buy them today(if you have enough money to buy them).I'm not a fan of consumer debt and getting loans to buy stuff you don't need.
However,houses,cars and furniture are liabilities,not assets(except some houses/apartments,it depends of the location).
A liability can increase your expenses,while an asset can bring you new income.You should focus on gathering more assets,rather than wasting your money on more liabilities.
I don't agree that you have to make fast buying decisions,when it comes to buying a house,a car or furniture.
You might regret for decisions that you have made,especially without enough thinking and analysis.
2618  Economy / Gambling discussion / Re: The Gambling increase due to the pandemic, stats, UK on: November 02, 2021, 06:54:20 AM
This research was conducted in the times of lockdowns.As we all know,lockdowns are a thing from the past.
I assume that there will be no lockdowns in the UK,since the vast majority of the UK population is vaccinated.
The lack of new lockdowns will change the habits of some gamblers,so they might reduce their gambling.
We all know that gambling(as well as all forms of addiction) is a form of escapism,so the people that suffer from such escapist addiction tend to increase the amount of time and money they waste on their addiction,when the times are more stressful.Increased levels of stress leads to increased desire to get easy dopamine in your brain,which leads to further sinking into addiction.
2619  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Stablecoin Regulation on: November 02, 2021, 06:31:40 AM
OP,your post is all over the place.
What's the link between SEC overseeing stablecoins and the monetary policy of central banks?
The "pandemic monetary policy" won't lead to the bankrupt of fiat money.There will be high inflation,but all the gossips and propaganda about upcoming hyperinflation are just ridiculous.Fiat money will survive.
I have nothing against the SEC regulating all stablecoins.The Bitcoin FUDsters keeping repeating this argument,stating that the stablecoins like Tether might be a big bubble backed by nothing and this big bubble is pumping the Bitcoin price and turning BTC into a big bubble.Let's see if the SEC can prove that stablecoins are actually a big "fractional reserve" bubble.
2620  Economy / Speculation / Re: Getting early 2018 top vibes! on: November 01, 2021, 12:24:49 PM
NFTs and shitcoins are being advertised because somebody allows their advertisements.
Crypto ads were banned by Google,now they are allowed again.Of course that all the shitcoin/NFT scammers are going to jump on that wagon and start promoting their shitcoins.
The market is always going a little bit crazy,when greed dominates over fear and the levels of optimism are too high.
I agree that NFTs/DeFi/Shitcoins are the new ICO scams(at least most of them),but they will come and go.
Bitcoin is here to stay.This new wave of greed will pump and dump all cryptocurrency prices(including Bitcoin).
The shitcoins will get dumped and they will disappear.Bitcoin will get dumped,but it will survive.
There's no need of whining about the current shitcoin/token madness. Grin It will go away,sooner or later.

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