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281  Economy / Economics / Re: Early exposure of children to wealth and investments on: March 20, 2024, 11:34:15 PM
Children are an investment themselves, not all investment is money either sometimes its time and effort.   Dedication to learning a subject can be investment, I dont find any fault with letting children know about investment because learning is largely what we ask children to do without knowing why and its yield on what they learn that helps them later; its very much true children are involved in investing all their time before they even know why they should do such a thing.
282  Economy / Gambling discussion / Re: Couple won the jackpot but split soon after! on: March 20, 2024, 11:07:47 PM
If he provided the money to purchase the ticket its an arguable case I guess, its quite unfortunate and pathetic a situation.   Really I would decide by whoever paid for the ticket whether it gets split or not and even that could be hard to decide.    Regardless if I were the ticket holder in this case I would have given him at least 5% of the winnings just to settle it and get a signature for that payment but yea no chance of a relationship after this and its quite ironic what money can do in that respect.
283  Economy / Speculation / Re: BTC Sentiment Poll for March on: March 20, 2024, 09:49:37 PM
57k to 73k roughly for March range and its done well in recovering today from the lows at about a monthly average roughly.    So now its back to the weekly average and slightly negative by that measure, I assume we establish a sideways range.   Eventually 50 day average will catch us up, its about 57k at the moment so that trajectory is moving us into April hence I think March doesnt lead us anywhere especially for the moment.
284  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: March 20, 2024, 02:01:43 PM
This way with 12 a day I could just continue slowly, and just as we hit higher reward points return days, I could just make up for the difference, that way it would look like I had no reward points gone for them, could recover the ones I spent.


What I was trying to do for a while was catch the peaks, buy the spins like you say and then wait for BTC price to sell off.   Thats now a dangerous game because BTC became so bullish but if I'm right in predicting lower BTC I should try that perhaps.   I'll look again, the more perspectives on a problem the greater accuracy so I have to assume BTC price action is constantly changing like a snake snapping back on itself to catch off any predator or speculators even Tongue
  Probably not but you could double your gains that way, benefit from a sell off especially as BTC itself is probably going to rise over this year and/or next despite sharp peaks, sells possible also.

I came on just to mention the RP given every hour on faucet is boosted right now, I do think thats a nice offer considering the actual plain BTC is quite trimmed at these elevated price levels.  Its more worth collecting hourly during these offer periods imo
285  Economy / Gambling discussion / Re: A personal view on: March 19, 2024, 11:58:20 PM
If you get rich and then stop gambling did you ever really love the game you were playing, if you do stop thats kind of sad because you are now with less in life after somehow having more that seems negative.   Play for the game always the money should be secondary and if you dont love the game dont continue because this situation really doesnt deserve a win its against the grain to hope you would gain from something you dont even enjoy.

Its a fair argument you could be so rich and busy with other things you no longer could have the effort left to enjoy gambling.  All or nothing kind of approach but I wouldn't stay away completely.    I can believe some people find no special buzz from gambling anything then large amounts but personally I dont need to risk need financial death to get a thrill from it, the win alone is what I like and the rest confirms the win.
286  Economy / Gambling discussion / Re: 2024 Oscar Awards bets and discussions on: March 19, 2024, 06:18:42 PM
Slash retired from mainstream in effect I think, I've seen him doing more low key shows with a singer thats not Axyl Rose because they dont get on [actually Im out of date the old group do play together now but still they are old guard greats Tongue]
You can only be at the top tier of mainstream famous for so long then you become a Legend and ironically legends can be forgotten until a new generation discovers their work as if its new and finds greatness again  Cool Cool

Theres going to be some people watching the Oscars who only know the younger actors, they wont really have a clue who Anthony Hopkins is and he did actually win an Oscar in recent years so theres no excuse but it wasnt a young persons film at all.  Thats almost worst because Oscars is probably more about the actors and those known on screen but I realize its awards for everyone within a production as well.   John Williams might be the most famous of all with 50 nominations, it would be silly to say but perhaps some dont know who he is either.

A while back the stunt men wanted an oscar put into as a category because so much of the work they do remains essential and they give up alot to do the job quite often.  But it appears thats one hidden job that wont be uncovered especially this time, maybe because they are often look alikes its confusing possibly.
287  Economy / Economics / Re: Fix the money, Fix the world. on: March 18, 2024, 11:55:30 PM
Thats a good argument really, the country that had so much mining was China and even they didnt want to have BTC within their borders.    The other take is technology and the secondary development occurring from crypto existing, countries do want that sector of growth to be in their economy hence why nations are far more friendly with integration then a few at first.

If no growth appears of course I expect them to turn nasty again on crypto, its hardly a favor they do for any industry just to allow jobs and growth is proven the most sensible approach and luckily most respect that bar the authoritarian regimes.

I know one of the points in favor of gold is its distribution around the world is fairly widespread.  If the price does rise you have sources of supply available and justified in every country almost though in varying amounts of course.    Platinum on the other hand is concentrated into certain areas controlled by just a few countries and so isnt as well favored as a monetary based metal in potential.
288  Economy / Economics / Re: Murphy backing gold standard bill on: March 18, 2024, 05:59:45 PM
Love the idea but BTC isnt competing with gold in the past, present or future the products are most definitely in different spheres of movement and usage.   Very likely different demographics with varied reasons to hold and use.   The reason people compare gold is its in contrast to BTC but so is everything potentially.

I've used BTC to buy gold and also other various crypto blockchains and they ceased that service because they wanted or required to have an entire paper trail for the gold purchase.   They didnt like crypto being so open and unscripted, out of nowhere almost in some cases which caused them regulatory problems to some extent I guess.   Lucky Im not rich then, I could be looked over but the business overall to place gold and BTC next to each other was like oil and water.


I know people might say well I used gold, I hold it and I hold BTC and thats true but the majority of gold value right now is going into central bank reserves.  For a decade or two net purchases of gold have been for the largest holders of Dollar to then switch to Gold as they prefer.   Thats the gold trend if you see price rising those are the buyers ultimately and the holders; they will hold that gold for longer then our life time hence gold being inert is highly useful.
   BTC needs to be used imo, its not an elemental metal its a highly secured transactional protocol so Gold & BTC will always be doing different tasks Im fairly sure.
289  Economy / Gambling discussion / Re: Is AI going to affect gambling in any way ? on: March 18, 2024, 05:49:33 PM
If AI is correctly valued it will have to alter everything, every aspect of your life in some way.  Not just car navigation but everything possible involving data or tasks that enhance usage of that product in some way.     Cars are especially relevant because its an expensive product and many mistakes are possible, getting lost is easy with  road signs and safety is an issue;  AI can improve all those things so its a given.

Gambling also is an expensive product at times, depending how much you gamble but we cannot deny there is alot of money won and lost in gambling its big.    Also gambling often involves odds and data and tracking games with sports bets especially.   I cannot imagine AI wont find a way to help some people, if you have a product already helping some its only a matter of time before it will be available to help all people at some level.

  Could take years not sure but markets expect a world revolution from AI and nothing less.
290  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: March 18, 2024, 05:39:37 PM
I was looking at weekly bars and Ive gone from undecided to expecting us to close down for this month.  Its bounced off that ATH in almost a clear pattern of 3 weeks, that seems a fair conclusion that we will need then to resolve at lower prices.   Even 57k to me is a light pullback because of how fast we rose, we can certain reverse at the same speed.

Of course I would like a proper movement to happen for nicer odds and I dont have to wish too much for it to be possibly happening.  49k is just mid to late Feb prices so its within reach, however just a few short days of price action and it goes that far is where it would upset people.   In all that would be a sharp reversal and more negative then most expected.  

I dont expect price to stay down at all, I dont have negative outlook but it could and it has been confined below 68k for 3 weekly bars now.   Unless BTC wants to prove me wrong immediately a good trend down would be fair it looks like, the trajectory appears like gravity pulling us downwards back to prior pricing; we only have to guess which support level we rest near at month end.
291  Economy / Speculation / Re: The next higher bitcoin price on: March 18, 2024, 05:25:28 PM
I agree with the sentiment that if you are all about the money you will be cashing out too early most of the time.   Very much that appears what people are doing now and it isnt even the wrong thing in theory however human nature is not to rebuy the same amount you sold at the lower price when we get there.    However low BTC does manage to go for this quarter or this year even it will come with negative sentiment and its unlikely earlier sellers then rebuy at the perfect time.

The shape of the graph reminds me of a ball thrown, its finished its ascent and is now adjusting to gravity.   This would appear a normal and fair pullback to occur but long term its probably not the place to sell especially imo.

We did break the old ATH but look at weekly bars when drawing conclusions, I dont want to argue with anyone but there is much left to prove before estimating any higher prices.   Time basically, I expect more time needed.
292  Economy / Gambling discussion / Re: Have you ever done something crazy to bet? on: March 18, 2024, 11:14:56 AM
I sold crisps and sweets in school but cigarettes at that age is a step up in cool kid doing bad things factor, cant remember anyone in our group doing this but theres always teenagers who smoke so its a market of the worst kind Shocked   We also played cards and bet for money but I only did that in later school not skipping classes at early age;  I would often miss entire days and just stay home however coming in at lunch hour pretending you were always there for a couple hours sometimes covered the absence.
   I would get the head of our year, students not teacher to forge a cover note for me also sometimes;  he also sold on details of the school security systems for exam results on the computers it was a big scandal when that hack was found out  Grin

We definitely played card games of a basic kind at even first few school years.  No money, far more valuable was the card itself which often not but sometimes you might lose the card in a bet.   High stakes gambling when you are very young, nobody wants to lose their very favorite set of cards.
293  Economy / Gambling / Re: Freebitco.in - FUN Token Investment Experiment on: March 17, 2024, 11:59:54 PM
Last I read was the bulk of FUN was purchased at the time of Freebitco taking over the project in the main.  They hold it in reserve and carry out burns of that reserve in proportion to the profits of their sites, presumably it could all be gone if that process were to continue long enough.  Price given by market and value are two different things, people do tend to sell their excess token rather then hold it and some of this excess would be coming from the bulk reserves made available via various promotions so thats the liquidity behind the price graph I guess.

However the overall total of the token is going down so far as I know not up despite the open market price liquidity.  I think there's two different dynamics in play there, its not too unfamiliar for price not to completely describe a situation, its free range and its going to follow popularity etc.   BTC going up alot fits into to people switching into that unit rather vice versa and selling BTC to buy FUN but both are possible at different times I imagine.
294  Economy / Speculation / Re: Buy bitcoin now? on: March 17, 2024, 11:42:44 PM
Good close to the week, above 12hr average above 2 day but just not qualifying just yet as positive above weekly.  Its good as it could be without a proper full regain of what was lost previously, back to near neutral but with cautionary that we may find 68k as the near term top.   I dont find 68k to be an actual hard line which we would struggle to cost so when I say near term I mean of less influence and importance.

Even though 68k dates back a few years in its top and is the mountain summit its the journey upwards we've had prior that counts far more then this idea of the highest number is most important.  Its the structure of the build and quality of the volume accumulated to reach this far that matters more then just a plain number.    That concept of quality may have to be proven with metal tested in strength;  a pullback helps to lose weak hands, sellers can leave in peace and the price is more settled and sturdy going forwards so even a lower price can be a positive and thats as ironic as it gets Smiley
295  Economy / Gambling discussion / Re: Stop gambling if you don’t have free time to do it on: March 17, 2024, 11:23:54 PM
I recognize that situation but with more games based preoccupation luckily and without money then actual gambling, dont start what cant be finished in good order is best advice.    Try to cut back your finish time by ten minutes each night and congratulate yourself when you do manage to reign back things even a bit is a good idea.   Some sites will let you restrict your play time hours.

Also add a budget to stop the actual damage becoming worse but time itself is valuable of course and first thing is noticing that and be glad you are first at least aware enough to change, dont be negative on yourself.
296  Economy / Gambling discussion / Re: 2024 U.S. Presidential Election Bets! on: March 17, 2024, 10:43:13 PM
Its impossible to count votes like that, the system is electoral college and not purely numbers like that.   This is the giant mess Press got wrong in 2016 in ignoring the complexities of the system and the division of votes in each region.   Its enough votes purely in a theoretical way but it its unlikely to work in any perfect case scenario to alter results just like that.   I would also argue alot of voters just stay away when they dont have their ideal candidate, think of all the people who wanted Bernie Sanders in a unique way quite a few wont find any reason to vote elsewhere just because a party orders them to.
297  Economy / Speculation / Re: Road to 100k? on: March 16, 2024, 11:58:13 PM
Price action is drawing near to a point of note, 63.2k is just early March and a place of possible support but its 8 days of relevance in that area so we should not ignore those who traded there.    We can judge the reaction to this area for some measure of strength, I'd say 58k is about a more normal place to find support because its a longer term Fibonacci level also.
  However in the last year we've traded 58k on 3 days only, we ran over it care free pretty much and it was not shown as great significance on that first encounter.  March 6th sell off sharp and brief was near there on its low, most we could say about it near term wise.

As always we must observe, learn and conclude from what actually is occurring not stand in the way of a freight train stout in our belief or underneath a falling rock if BTC wants to go lower; only doubt trends when the pace deviates from a trajectory or respects some levels of support or volume traded prior.
   I think 63k might show us more then 58k for the moment, also I want to see BTC in the next working week.  I'm not sure if the emphasis upwards is greater during the week perhaps then weekends where we fall back with sellers who just want to use up the BTC not accumulate for higher with patience of some unknown period required in that venture.
298  Economy / Economics / Re: When luxury becomes a necessity. on: March 16, 2024, 11:44:15 PM
Great quote but I find if you personally are the only reason for motivation then its not much depth to your wanting something.   It doesn't have to be greed but it sounds like it could easily end up as just being self centered egotistical desire to lavish luxury on yourself, that might be enough for some but I don't expect greatness from a person only motivated by the range of what they see personally.    

Theres a thousand others who also want the best for themselves and will do anything, to actually get the luxury element and premium wages to pay for it I believe it requires great vision beyond yourself in some way and thats exceptional hence you not only want but will secure the means to gain luxuries above normal society.  Of course many in rich countries already have luxury and think its normal, there is that too.

Warren Buffet who I would not argue in any case goes without luxuries he has a private Jet so if anything he agrees with the above and more so, a great luxury to own the time of your own departure and circumstances etc.   However he gave a good example in not owning a car without cosmetic damage, if a car receives hail damage while sitting on the car sales lot it looks far worse covered in dents all over.  However a hail damaged car drives no worse and is far cheaper hence a good definition of luxury, something you have which has no effect practically and is just personal preference for yourself.   This isn't rare as people will pay and decide car purchase by car colors and other non utility reasons, that would be luxury though quite ordinary if its costing more to do so.
299  Economy / Economics / Re: Food security might not be a priority for younger generations. (2) on: March 16, 2024, 11:28:20 PM
Food prices will rise over 20 years because of how the world economy is developing, at present many people avoid eating meat due to the price it costs.  If you find many more countries able to purchase limited resources then the prices will rise for that product so part of the inflation people complain about will be the export of food to countries able to pay a higher price for it.

Part of the rising cost to food will be Fertilizer and control of that resource which not every country has a source of, this greatly alters crop yield and enhances the local market prices around the productive farms with this resource.  If you continually grow and harvest without returning anything to the soil it will turn farms into poor performing enterprises and business advantage will go elsewhere.  SO just judging Fertilizer prices and access to this resource should indicate some of the demand, its a decade long term market imo as harvest though annual is reliant on long term factors such as the water table, weather and quality of soil
300  Economy / Speculation / Re: Bullrun top on: March 16, 2024, 10:46:13 PM
Out of gas is my rough take on what I can see today.   Its not yet over, this week that is & I'm only calling this short term action in its current cycle we appear to need to close back down below the old ATH and review prices in this area.    If weekly bar closes here and a few other signs add in to indicate some weakness and turn to a negative trend then don't fight price action as its normal.


My measure which I've used for years now is the weekly average, below it we are weak and recent prices at highest only just touched that measure and fell back.  We have attempted higher and failed, its not recovering the prices it needs to prove BTC is still positive in this moment.  So we are negative trend near term and set to continue downwards until we can find support.  Daily bar close today to confirm and this Sunday is the weekly bar that should seal our fate until and only if next week can solidly reverse this negative action can I change my mind, for now I'm set negative and looking downwards possibly & probably for the rest of this month.
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