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2741  Bitcoin / Bitcoin Discussion / Re: The bull market still exists on: July 03, 2021, 08:53:13 PM
Yes it can exists , because dump happened only one bad news which was  from china .
That's one of the big reasons, we all know that, however, we have to understand that a bull run is not a permanent market situation, it will always end and the correction will always come, so even if there's no bad news, the market is always due for a correction already.

now you can see the market .Its increasing slowly slowly when up and down but last few days maket  going bulish.And there are also good news are upcoming about bitcoin,so you can see may be some days maybe some end of this year or maybe early of 2022 market will be bullish .

It's increasing but that's just only a little bounce back, if we look at the big picture, we are not seeing a bullish market, instead it's already a bearish market.
2742  Economy / Trading Discussion / Re: How to deal with bear markets on: July 03, 2021, 02:37:19 PM
To deal with the bear market is a little bit challenging compared when dealing with the bull market. It is some times our patience has to be tested for its limitation and more often we breach our plan about holding. Impatient people more often to sell coz in their mind is full of negativity.

To keep calm and forget about the market which I think will works from getting into the temptation of selling. I did this before but honestly, it is really hard for the reason that we made ourselves being updated to the current market situation. But if we truly committed ourselves to hold, we surely overcome the market stress.
2743  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin rebounding? on: July 03, 2021, 01:21:53 PM
Even I had predicted a rebound from $30k to $36k range but we still don't know if the rebound is meant to continue in an upward trend or the market will still continue in the sideways trend.
Bitcoin has been moving in a sideways direction for quite sometime now with a support at $30k and resistance around $40k level.
Until it crosses either of these levels bitcoin will keep moving up and down in between this range.


I expect a sideways movement all the time, the price moves a few bucks high and it drops again. To see the market skyrocketing again this year is seems to be hopeless ( I hope I was wrong) if there is no positive news to hear.
Because I thought that what happens to El Salvador gives a huge uplift on the prices but somehow, we are still moving slow. Actually, there are no changes I saw and the market remains calm. Maybe, we could say that the hypes are totally over, were wait again for the next run.
2744  Alternate cryptocurrencies / Altcoin Discussion / Re: The right time is now! on: July 03, 2021, 11:30:08 AM
It might be the right time but it's difficult to make sure about it. \
No one could really guarantee, so no one can be so sure as we are just predicting the market movement, if we are right, then we succeed, if we are wrong, then you know what would happen.

We see the market going upwards again right now. I don't want to FOMO either. I did it in the past a few times and I lost some amount of my investments. I just want to wait for a little more time to observe the market and invest into something considering the movements.
What you are seeing is just a minor recovery, there's no FOMO yet, so you are safe.
2745  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: July 03, 2021, 11:09:34 AM

Pasig are quiet strict when it comes to the protocols, maybe if they assure the safety of everybody then they can have the permit and hopefully to see PBA playing again this Month. There should always be a plan a, b and c so when the first try didn't work out try the next plan. We are over with GILAS for now, I'm still looking forward for their next game in the coming years, let's go back to PBA for now.

That long vacation for every PBA players, after this Gilas wonderful performances it's time for PBA stars to entertain the fans.

The wait might be over if  finalization of the date will be sign by the commissioners after dealing with the government, it's time for
those actions inside PBA while it's almost heading to NBA finals, good timing as fans interest will all be focus after the international league.

For now we are all waiting and hoping that everything will be in favor of PBA for the incoming games  to start the soonest as possible.

The focus of Philippine basketball now is the start of the PBA, hopefully, we will hear some great news this month so it will make the fans excited about the start. We have been waiting for it patiently, I think we should be rewarded soon for our patience. Meanwhile, great news for June Mar Fajardo and the SMB.

Fit-again JMF brings positive energy to SMB camp, says Pessumal
2746  Economy / Trading Discussion / Re: Let's say you have a large amount of BTC and you on: July 02, 2021, 10:24:49 PM
If I were in this position of owning a large amount of bitcoins and want to sell them in a way no one or any bot will notice the movement and trigger an alert, I have two options which I can remember for now, and the first one is using a mixer to send the coin to an exchanger like binance or any other big exchangers, mixer will help mix my transaction hash as well as my address and amount of  bitcoin being sent, this will make it almost impossible for any one to notice my transaction.
My second option is to create many crypto wallet and share my bitcoins amongst them, leave it there and after some time, like two to three months and after this time, I Will Start sending them to exchanges little by little and selling, this way, it will be difficult for anyone to trace the transaction to my main wallet where to the big money is.
There is no problem with the 2nd option but for the 1st one, that seems difficult especially when cryptocurrency is banned.

Being anonymous now is subject to be change as even Binance will ask KYC once you reach the high limit of deposited and withdrawal amounts. Sooner or later, the word anonymous will only be applicable for small players, not for rich people. But I never think it was a big problem that we need to worry about, maybe I think it is a sort of assets protection were to know who did the particular transactions.
2747  Economy / Speculation / Re: How come BTC is still so cheap? on: July 02, 2021, 09:33:48 PM
It's expensive if your monthly salary is $1000 and you want to bag 10 Bitcoins in just a little amount of time.  Grin
History is what says it's expensive and then there's the economy. If people are making money at the same value as bitcoin does then it will look cheap.
I think what you just need is a bit of waiting, somewhere in the future we will be looking back at this value and we will just say we missed the big boat. Yes, I agree it's cheap for something so valuable.
And I was thankful that it was cheap so I can fill my bag while waiting for it will pump.
I'm not certain thinking that pumps will come so fast and easy coz aside from hearing that legalization, we also read some news that China is banning crypto, which is a more affecting story rather than what happens to El Salvador.

So I think the situation isn't surprising if the pump never happens today or tomorrow, might possible in the following days. Patience is something we need and I know that we all can do it if we have trusted Bitcoin.
2748  Alternate cryptocurrencies / Altcoin Discussion / Re: Market is recovering, what steps are you taking? on: July 01, 2021, 11:46:56 PM
I try to buy some dip altcoins which i trust like EOS, IRIS, CLO. Its only small bag since i wont risk many because BTC have possibility to have more down trends.
Just invest the amount which you can afford to lose. It really has a bigger chance to generate huge profit if we have huge capital but we should remember the risk here and we set some limitations for that. And besides, if we have some extra money, then we have to buy more.
Not only it matter how much we invest but also matters the coins we choose. If we choose the right and potentially profitable, that might surprise you in the end.
2749  Economy / Trading Discussion / Re: Fact: There is no anything like money laundering but governments want to buy BTC on: July 01, 2021, 10:56:03 PM
Okay, but if the government and the banks considering this as a money-laundering then they have to call attention to the owner of the said credit card and do the investigation. But they don't and that simple it was not against the law unless if the transaction is suspicious. However, banks had already known and aware of Bitcoin, even they don't accept Bitcoin as their payment but they are still in business you know coz these people will surely convert their Bitcoin to fiat money and deposited it back into their account.

Money laundering really exists but not all the transfer transactions will be meant that way.
2750  Alternate cryptocurrencies / Speculation (Altcoins) / Re: another bullrun before 2021 ends on: July 01, 2021, 12:50:21 PM

We will see that at the end of the year and we're also be the one to verify if another bull run will come. But honestly, we all want to see another bull run and every speculation says that it's going to be more than the last ATH.

But before it goes there again, we'll be going through several corrections and there will be a lot of FUDs to come.
I would not anymore expect a bull run this year, it does not pattern on what has happened before, what's likely to come is a long correction and the market will be bearish, is it good for the market? yes, because every bull run there should always be a correction.

Don't worry anyway, bitcoin will make a new ATH at the right time, but for now, we have to face the reality.
2751  Economy / Gambling discussion / Re: 2021 NBA Season on: July 01, 2021, 12:18:10 PM
And Suns finished the job last night! They managed to beat Clippers 130-103 away.

This time, P. George wasn't that good. But even if he scored 20 more points, it wouldn't still be enough for a victory. C. Paul made the big difference in this game. He was incredibly great. He got 41 PTS, 4 REB, 8 AST. He got more than 50% FG and made 7 out of 8 3-pointer attempts.

Now, they are waiting for their opponent. Whichever team become their opponent, I think that they will have a hard time against Suns.
When you are playing in the league for 16 seasons and you are one win away from going to the NBA Finals for the first time in your career, you will do everything just to go there and that is what CP3 did. During an interview, he can't say anything because of his happiness. That feeling when you are in the league for 16 seasons and finally you are going to the NBA Finals and 4 wins away from winning his first title.

Now unto the other conference. If Giannis will be out tomorrow in Game 5 and Trae will be out as well, I believe that the Hawks might make another upset again and win on the road. The Bucks might win though if Middleton will step up as well as Holiday and other players in terms of defense and offense.

Just my prediction but I think it will be Suns Vs. Hawks Cheesy.

Suns vs Hawks, it's a great series but I think the Suns has all the edge to win the series.

CP3 and company will win the championship, they have been playing with solid defense and offense, and they have a good chemistry.
I mean everyone is contributing and they really live up the challenge.

They maybe are not the number 1  but in the playoffs they are now.
2752  Alternate cryptocurrencies / Altcoin Discussion / Re: After China, Now it's Mexico's Turn to Ban Crypto on: June 30, 2021, 11:37:30 PM
I understand that Mexico will make its move to ban the use of crypto because there are a lot of illegal activities on them and it possible to grow more if Bitcoin becomes legal. Because people had used this to hide what they are doing, and that even harder for the authorities to track them. For me, if this only coz the chaos, I have to ban crypto as well.
But what happened to China is a different situation, it is more in personal interest.
2753  Bitcoin / Bitcoin Discussion / Re: China's game plan on: June 30, 2021, 11:03:34 PM
Seems like China is done with Bitcoin. Hash rate has dropped by over 60% in the last few weeks, which confirms that miners are exiting China for good.

How does a Bitcoin exit benefit China in the long term? What do you guys think is China's game plan?

A lot of chatter about this being "China's trillion dollar mistake". I don't think China's dumb, so keen to hear what they might have up their sleeves.
China had no other game plan aside from forcing crypto to shut down. They actually win on their country but their want to stop it fully, that is impossible.

For several times that China is urging their people to stop mining and using crypto, the more it makes their people moving out from their country for the sake that they will continue what they are doing. It is very unfortunate how these people suffer such terrible actions which Bitcoin hasn't done bad to the economy instead it helps people to live comfortably and generate income. They are wrong chasing Bitcoin down, they will just fail.
2754  Economy / Economics / Re: Can Bitcoins kill Central Banks? on: June 30, 2021, 01:04:53 PM
Rather, it is worth asking the question - will the central banks, through their regulators and other state restrictive structures, cryptocurrencies and the crypto market be killed? Banks (included in the financial systems of states) have much more leverage on the crypto market than the crypt on banks. It is enough for banks to prohibit any interaction of banks with crypto-exchanges, and that's it - the value of the crypt will collapse instantly, because it will no longer be possible to convert tokens to fiat for which you can buy something

Very well said, banks will always stay and they will grow, we can never replace fiat with crypto when it's the currency that everyone is trusting. Crypto just came into the picture, and we are even begging crypto to be regulated so it will be accepted by everyone, but thinking one day it will kill the central bank, that's being unrelistic.
2755  Economy / Gambling discussion / Re: 2021 NBA Season on: June 30, 2021, 12:34:52 PM
The injury gotten by Giannis is so scary and Bucks now is endangered  if Giannis cannot really play on the rest of this series.

Very scary, in fact, their betting odds for the championship is now 4.00, before that loss and injury of Giannis, it was 2+.. I think the injury is serious, but we will know after the MRI which he will be scheduled soon. If it will result of Giannis being out in the series, I think the Clippers will have a big chance of winning the series, lol.
2756  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Selling SUMcoins on: June 29, 2021, 11:39:20 PM
I think you need to move on and forget about SUMcoins, just consider them as your collection.
It is really disappointing but have nothing to expect for that scam project. Sooner or later, it will be delisted on the exchange (STEX).

If you have this coin for free, it wasn't a big deal but if you participate there selling, that will be you lose. I hope this will be a sort of example and the next time, you will never fall into a scam project.
2757  Economy / Trading Discussion / Re: This sh*t ain't for the faint of heart! 😭 on: June 29, 2021, 11:02:26 PM
@OP did you allowed that temptation to purchase bitcoin when it was $28k? I bet that you did and you're now in profit if you did it.

This proves out that this market is way too unpredictable.Its a matter of risk taking if you do really like to profit.
It's common and usual, that's the main character of bitcoin. Being unpredictable makes it beautiful and when we're in the verge of being down because of such plummets, we're also getting that encouragement that it will recover eventually and that's why when investors see the dip. They should act on it and buy it while it's there.
And those who stay stronger and keep believing the capabilities of Bitcoin will surely be rewarded in the end. Some just lose their grip when seeing declines and somehow it changes their mind as well.

Crypto trading is not just only of having knowledge and skills but it is a matter of trust and confidence and too sad that many were still don't have it. Well, that's their choice and we can't urge people to stay positive, and they don't have the right to blame the market for their losses because it was their fault in the first place.
2758  Economy / Gambling discussion / Re: [Boxing]: Manny Pacquiao vs Errol Spence Jr - August 21 on: June 29, 2021, 12:09:33 PM
They cannot wait on it as there's already a contract. Manny should honor the contract but if not, he has to pay what they are demanding for.

That's a big amount of money that he has to pay.

Manny Pacquiao is already in business for over a decade. He definitely knows that and not that dumb not to honor it.

His camp is also preparing for a counter filing then it means they have some ammo against the other party.

But there are some things we didn't know and we are just relying on the information that the media is telling us on the news.
I've read that he did the same with his past opponent but I can't remember who was that guy. Maybe there's sort of a tactic with such contracts.

There's no tactics in breaching some contract. Again, it will be settled with money. Because the promoters thinks Manny may not have enough time to fight as he is close to his retirement, and so it's wise to let Manny and Spence fight. It will surely sell more than Garcia.

It will be settled, and the fight will not be forfeited.
https://www.rappler.com/sports/boxing/pacquiao-statement-paradigm-sports-lawsuit

Manny is only guaranteed $5 million in this fight, but he will surely make more money from PPV, and I think higher than the guaranteed amount. Of course, he can pay the lawsuit amount demanded on him, but it depends on how they'll evaluate the case, if they think they can win the case, then they will fight for it.
2759  Economy / Gambling discussion / Re: 2021 NBA Season on: June 29, 2021, 11:36:39 AM
Well... in this last game we saw, Clippers can be a dangerous and strong team without Kawi Leonard... 14/15 free throws, PG was on fire, DCousins only played 10~11 minutes and scored 15 points.

I don't know, but I'm seeing it happen again like it did in 2016 finals, Cavs vs GSW "3-1 come back".

wow, imagine if Clippers can get a game 7 and can win this WCF!!?  Roll Eyes Shocked

Definitely anything can happen!  Cool Cheesy
Definitely!  Cheesy
I am with everyone who wants a game 7 here. Even if it will be at Phoenix with homecourt advantage, it will still be entertaining to watch how the Clippers could maneuver the pace of the game with all the fans against them.
I can see a lot of confidence from the Clippers team and they should stay like that if they want this series to have a good ending.
Well, it's not that far, and just one more win for the Clippers to witness exciting greatness again.


With how it's going, I think the Clippers have a chance to beat the Suns in game 7. Even without Leonard, they are playing with great defense and offense and those that are expected to contribute had really contributed in this game. Zubac did not play but Cousins did some outstanding job with 15 points in just 11 minutes, he really stepped up big time.
2760  Economy / Speculation / Re: Do Not Sell! Don't Let The Whales Get Your Precious BTC! on: June 28, 2021, 11:09:16 PM
We can't stop people to sell their Bitcoin because they also have the reasons.
-need of money
-worried
-shift to altcoins

These are the common reason but I let people do that because whales will take good care of their Bitcoin. This is really how the market looks like and we can't hide that manipulation still strong and many people are riding into this.

because though I have 1 BTC in my wallet, I don't hesitate to sell it if really needed. 1BTC=$1mil, I would let it go.
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