1 BTC will always equal 1 BTC no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism? To make people who bought at $60k and now sell at <$30k realise that their Bitcoin amount doesnt shrink or grow with the trending market value at any given moment. Many people with weak hands think they are "losing money" when the market falls, they are so focussed on the FIAT value and react on that. Contrary to what you might think a lot of people NEED to realise this.
What are you even doing here if you think that bitcoin is the same as tulips? If you're in this forum and you still haven't understood how and why bitcoin is different I'm very sorry for you.
You are correct, tulips do have some value if you want something pretty in your garden. BTC doesn't, come back in 10 years and see if I'm right Tulip mania only lasted 3 years, from a pessimistic viewpoint I'm amazed you give Bitcoin another 10 years, that would be a total of 23 years of Bitcoin which kind of bursts your bubble. Welcome to many peoples ignore lists! |
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* Who being people able to see their involvement in this as an investment
and those with a vast amount to invest and there have to be people
who will want to be involved, I mean if an Andy Warhol artwork can be sold
for $195,000,000 there has to appetite for this project.
The main concern is that at the end we're still talking about El Salvador, a country with serious safety issues, so to convince people moving there it's not only about the citadel but also about the whole country. Of course I really hope they succeed, thinking about a country that changes because of bitcoin it's incredible, this is going to be one insane experiment, can't wait to see the developments! To be an investor I imagine you wont have to live there. Hopefully by the time the project is well under way and possibly the first phase finished in a number of years the country will have been transformed as a whole making it more inviting. As for the funding, it seems that the 1 billion will be for the next geothermal powerplant and half will be for buying the dip again, so the funds will be probably won in a lottery.
That is what worries me. I like the project, and I hope it materialises, but it was conceived or at least came out last year when there were very high expectations for bitcoin's performance. I don't know if the way things are going, he is going to be able to finance it. Well, better said: the way things are going, I doubt he will be able to get enough funds for it. You can be sure Bukele and his team were/are not blinkered in thinking Bitcoins value would increase without a few bumps along the way. There are many "Joe and Jane Soaps" who are definitely blinkered in both ways about Bitcoins journey but we Bitcoiners know its only going one way in the long term. Financing this is going to be incredible it will certainly need outside investment from people with the capital and appetite to see the future of this. |
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Rugby League - Australia
So this week as posted above sees a lot of potentially close games in the NRL
and I'm not confident on betting on them, instead I'm going with two seemingly
mismatches:
Rollbit
Wests Tigers v North Queensland Cowboys - MLvNorth Queensland Cowboys @1.31 - Taken Amount $2 - Potential Win $2.62
Cronulla-Sutherland Sharks v Canberra Raiders - ML Cronulla-Sutherland Sharks @1.24 - Taken Amount $2 - Potential Win $2.42
Rugby Union
In the Semi Finals this weekend in the European Champions Cup I'm
going with Leinster to win at home against Toulouse
Nitrogensports
Leinster v Stade Toulousain - ML Leinster @ 1.23 - Taken amount 0.1mBTC - Potential Payout 0.12mBTC
The other Semi is very close odds Racing 92 @1.78 v Stade Rochelais @1.98
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This is definitely something to be used on a collectible coin! |
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I didn't see anything about FUNDING
I was wondering the same. The project looks amazing, but who and how is going to finance it? Also, do the have any ETA? Because considering how quickly things change nowadays if it takes too long by the time everything is done it could already be old in a certain way. As the modeling becomes more visual and detailed its clear its a really ambitious plan but I wonder with the right selling points who* wouldnt want to be involved is this? * Who being people able to see their involvement in this as an investment
and those with a vast amount to invest and there have to be people
who will want to be involved, I mean if an Andy Warhol artwork can be sold
for $195,000,000 there has to appetite for this project.The models really do look amazing. From a design point of view its by no means OTT or unacheivable if we look at Dubai in terms of what can be acheived, but yea its going to take a long time so there is really no point in putting an ETA on something like this. |
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Hold on! I'm focussing on the word being used " Guess", it is impossible* to guess a seed phrase, so memorising it is perfectly safe provided you can recall the 24 words anytime and are in full control of your faculties in 10, 20, 30+ years from now. Also if we disregard another word "hypothetically" and look at what o_e_l_e_o posted in a related thread from earlier this week > Crypto vs "the lucky dude" --- Is Bitcoin really SAFE?From what I understand the only defense against this event is to divide your assets into many accounts to reduce the risk. No, the defense against this is math: Let's say we have a trillion planet Earths. On each Earth, there are a trillion people. Each person has a trillion computers. Each computer generates a trillion keys a second. All these computers have been creating a trillion keys per second since the birth of the universe 13.7 billion years ago. 10^12 * 10^12 * 10^12 * 10^12 * 60 * 60 * 24 * 365 * 13.7 * 10^9 = 4.3*10^65. This means thay they would have so far generated approximately 0.0000000004% of all private keys. If you are worried about someone using such a site to stumble across your private key, then you should be absolutely terrified of dying from a meteor strike, shark attack, or lightning strike, all of which are exponentially more likely to happen. You should also be terrified about someone guessing your credit card number and stealing all your fiat, since for every possible credit card number there is somewhere in the region of 10 trillion trillion trillion trillion trillion possible private keys. I think he got some spent addresses but all of them were empty already. If he did, then it was because those addresses were generated insecurely (e.g. brain wallets), or he had some additional information or knowledge about those addresses. No one has ever or will ever randomly stumble across the same private key as anyone else, period. Sorry, but your chances of winning a lottery are higher. Given that most lotteries have a chance to win the jackpot in the region of 1 in 10 8, and there are around 10 77 possible private keys, then you are a few trillion trillion trillion times more likely to win the jackpot 5 times in a row than to find a single previously used private key. Imagine stumbling across an address with a only few thousand sats in it, knowing you could have exponentially more easily just won several billion dollars by winning the lottery over and over and over! |
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Anybody watched that roller coaster between Tsitsipas and Dimitrov? It looked like a smooth sailing for Tsitsi and then he serves for the match and looses and next 4 games and set in a blink of an eye. Then Tsitsi barely holds for dear life in third set and saves a match point on his serve in two different games. Than starts tie break and Tsitsi get to 5:0 and almost manages to loose it all once again.
I was watching with one eye while sitting in a bar with buddy and we were laughing half of the time. you don't see matches like this often in men's side of competition.
No I didnt see it and I actually havent tuned in properly yet to Rome, I did see the last set of Fokina v FAA. Tsitsipas though, there is something about him over the last year ans especially this year, he is unpredictable, is picking up penalties, arguing with chair umpires, its just not right. Sounds like it was an entertaining match if you didnt have a bet on! |
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Very good cygan. sounds like good planning.
Obviously with such a vast collection, organising and filing is also important.
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Great thread cygan and some fantastic items in quite a vast collection.
I would be interested to know how you store items which are and/or will be quite
valuable in the future? particularly items which can be affected by UV light and
humidity like printed items.
I really like your glass display cabinet but surely the UV light will affect the Ballet
sleeves over time for example?
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...
Who has 3 of the traits? Tsitsipas2, 3 & 4 and Alcaraz1, 3 & 4 but I think
Alcaraz' mental strength outweighs Tsitsipas' experience.
What do you think?
Alcaraz is in a state of grace after winning the last two tournaments played and a series of matches against highly respected opponents (Nadal Djokovic Zverev...) His young age is certainly a big plus. Now what is missing is continuity in performance... only time will be right or wrong in this aspect. And experience! gaining experience as well as honing skills and staying fit will result a very rounded player, Alcaraz has it all in front of him. ^
I argue that the 5 set grand slams require these traits in order of importance but all 4
<<sinp>>
Alcaraz' mental strength outweighs Tsitsipas' experience.
What do you think?
For future reference, if you are asking for my opinion, quote me or mention me by name, that way bot notifies me immediately and I answer very quickly. If this was plural you, than you did it perfectly. English is way too simplified language sometimes  I can't quantify grand slam traits the way you do it. For me it is simply the case of "absolute qoulity" having more time to show itself over BO5 matches. Absolute qoulity defined as combination of all those traits you mentioned plus several more, to name 2 important ones you forgot: form and surface prowess. snip @Trofo - apologies it was an open question, I should have worded it differently, everyones opinion is welcome of course but I think you have touched on a lot of other considerations, thank you. 5. - Form 6. - Surface Prowess are indeed other factors, major factors actually and the one who matches these the best so far is Alcaraz IMO. Its actually interesting when we consider everything mentioned above how complex the sport is and how so many factors play their part in a players performance. |
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^
I argue that the 5 set grand slams require these traits in order of importance but all 4
are very closely inter-connected.....in order to WIN: possibly no's 1 and 2 could be swapped
1. - Mental strength
2. - Experience
3. - Skill
4. - Fitness
This is how I see it currently...
Who hasor will have for RG all 4 traits? Nadal and Djokovic
Who has 3 of the traits? Tsitsipas2, 3 & 4 and Alcaraz1, 3 & 4 but I think
Alcaraz' mental strength outweighs Tsitsipas' experience.
What do you think?
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Rugby League - Australia
This coming weekend is Round 10 of the NRL. Nearly all the draws are between evenly
placed teams or teams in similar ladder positions which makes it very difficult to bet on.
Bulldogs15 v Knights16
Sea Eagles7 v Broncos8
Warriors10 v Rabbitohs9
Titans14 v Dragons11
Storm1 v Panthers2
Sharks4 v Raiders12
Roosters6 v Eels5
Wests Tigers13 v Cowboys3
Its clear that the easiest ones to lick are the Sharks and the Cowboys.
Rugby Union
Semi-Final weekend coming up in the European Champions Cup this weekend.
One Irish and 3 French sides battle it out for a spot in the Final on the 28th of this month.
Leinster have a home draw in their semi to visiting Toulouse. Leinster clear favourites
should win that.
The second draw is harder to pick a winner, Racing92 v La Rochelle. Racing92 are slights favourites
1.78 v 1.98.
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The price still seems kinda high to me (like we should still be considering ourselves to be in a bull market). We've been around this area for quite a while and I don't think much has changed. I didn't expect up to reach 40k the last time we did and if we keep ranging between about 30k-40k (+/- a few k) then I think the price is pretty stable and strong.
We didn't have a blow off top this time either, we had a top that was reached twice and exceeded the second time. We have economic uncertainty to compete with this time too (2 years ago at the start of the pandemic, we crashed down to $3k)...
I think this is more a case of waiting for a strong break in either direction and either waiting for that to enter or just holding tight with what you have.
The United States' next narrative during the second quarter will be "We're in a recession!" causing markets to tumble and crash, and it will take everything with it. That announcement will be on June. Plus from the current price movement, there's more than 50% probability Bitcoin will crash to the 200-weekly SMA line in my opinion. And also the ECB are looking to increase interest rates in the Eurozone in June or July followed by potentially 2 more this year to try and curb rising inflation, thats gonna hit the markets which in turn will hit Bitcoin market. In May? Most probably not because even if the market manipulation stopped right now and price didn't drop more, it would still take a long time for the same weak hands who have been panic selling to regain confidence and stop panic selling* and for price to go above $40k.
For now we are going to continue seeing the struggle specially as the weak Western economy slowly falls apart.
* The problem with panic sell is that even if it is no longer happening, it could resume when price goes a little higher because some newbies are waiting for a little rise to panic sell so for example if price were to recover from $35k to $38k these newbies would start their panic sell and prevent the momentum from shaping which is why I think it takes longer than that for their effects to go away.
^ Yup sell the bounce. And it's not just the 'newbies' and regular guys like us. A lot f traders with stuck longs will be taking it as a chance to get off BTC too and hold most of the stuff in their accounts in fiat too. It's just the nature of the beast and you gotta admit it's really the right move. I mean if they're just here to trade and make some money... Which they are. Lol. Anyway yeah, it's better now than later. It was all going to happen eventually anyway. We almost hit $31k today, we might get a bounce alright which I'm sure there are a lot of people waiting for it to take advantage of before a further dip to follow. So while a bounce is probable, going over $40k is a big ask in this current climate and $40k is a big sell off target IMO. |
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I did bet on Alcaraz, but I think nobody expected it to be as one-sided as it was. I do feel for Zverev though - as Daniel91 said, sometimes the tournament schedules don't make much sense.
Still - to beat Alcaraz in his current form Zverev would have needed a lot more than rest.
I always felt he'd be a future no. 1 at some point, it looks like he'll get there a bit faster than I thought.
Future came very fast for Alcaraz, no doubt about that. There is no week spot in his game and seems just like a matter of time for him to get to to no. 1. Regarding schedule in Madrid it really wasn't fair fair for Zverev. It is not just about rest it is about sleep schedule. If Zverev is not lying he went to bed at 4 am after match against AA and then after 5am against Tsitsi. Imagine playing competitive tennis after that? People are forgetting all the recovery players have to go trough after the match and that takes time. I agree on both points, the schedule seemed a bit skewed leaving Zverev short on recovery time but I would imagine he would have had ample time in between matches to be fit enough, I mean he was in the final there is very little to be done in terms of practice. The manner in which Alcaraz won is to be noted and his matches with Nadal and Djokovic were not exactly easy 3 setters. It will be very difficult to bet against him in the next few tournaments but as someone above pointed out RG is a 5 setter so it will be different interesting |
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I used to think that people who hate technology and progress will be those who are too old to switch, like Warren Buffett or Peter Schiff, but young people who sometimes are working in tech jobs seem to rather be in fiat or gold, like the old generation.
Of course the younger ones are more likely to change if they study well what Bitcoin is. With people like Buffet and Munger there is no hope. What also happens is that those young people who don't believe in Bitcoin had the opportunity to buy it at $1K to $10K etc., didn't do it and now are looking for excuses by way of confirmation bias to convince themselves that they did the right thing. It's a psychological self-defense mechanism: they look for anything in the news regarding Bitcoin that will reaffirm their belief that they are not assholes. Yes, there are those who will always seek out like minded people in order to validate their opinions. In so many cases these no-coiners refuse to research or listen to facts. They remind me people in the QAnon or Freemen movements or people who are anti-government on everything. I think they will only have an influence on others with the same mindset. |
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Yea from o_e_l_e_o's example above you would be better off playing the lottery.
As long as I'm the forum I havent heard of anyone guessing private keys and
I'm thinking why would you want to steal someone elses property?
One of Bitcoins strengths is its security, the weakest link is us humans and how we
treat our private keys.
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Might be a 'safe' bet for Alcaraz with that odds, but you have to throw big money in order to get at least a good return.
Well, Alcaraz won. It seems like he just can't lose at the moment. I know both Nadal and Djokovic are below their best, but it still takes a phenomenal performance to knock them both out on successive days. The rise of Alcaraz continues, and it doesn't like like it will be long before he's vying for the #1 ranking. There have been a few next-generation pretenders over the last decade or so, waiting to inherit top spot from the big three... it does look increasingly like Alcaraz is the real thing. Of course from a betting perspective, it means very little chance of making money on him, unless you're prepared to bet big. Oh yes, that was some performance in 1 hour and 2 minutes to what the commentators today said a "dismantling of Zverev's game". It was really a powerful performance by Alcaraz. What is so evident about him is his mental ability, nothing seems to daunt him, he takes everything in his stride, hard to believe he is only 19 at times. |
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^ ...and thats how it turned out! I am 4 from 5 for round 9 Rugby League - Australia
Nitrogensports
Penrith Panthers v Parramatta Eels - ML Penrith Panthers @1.21 - Taken Amount 0.1mBTC - Possible Payout: 0.12mBTC
Manly Sea Eagles v Wests Tigers - ML Manly Sea Eagles @1.16 - Taken Amount 0.1mBTC- Possible Payout: 0.12mBTC
Cronulla Sharks v NewZealand Warriors - ML Cronulla Sharks @1.18 - Taken Amount: 0.1mBTC - Possible Payout: 0.12mBTC
Rollbit
North Queensland Cowboys v Newcastle Knights - ML North Queensland Cowboys @ 1.11 - Taken Amount $2 - Possible Payout $2.22
Sydney Roosters v Gold Coast Titans - mL Sydney Roosters @ 1.29 - Taken Amount $2 - Possible Payout: $2.58
Rugby UnionAmazing game between Munster and Toulouse yesterday. It was a pretty much full house at The Aviva in Dublin. I had Munster the underdogs to win but at full time it was level 24-24, which is not a very common result a draw. The resulting extra time didnt seperate the teams then it went to "penalty shootout" which is unbelievably rare. Toulouse won after Munster kicked 3 wides. Here is the shootout courtesy of BT Sport on Twitter> https://twitter.com/btsportrugby/status/1522982305861496832?t=VWxU92PS8mpuT5faj_dF5w&s=19Leinster won away to Leicester yesterday 14-23. I did say in this post from last week that Leinster are in with a real chance to win both competitions
snip
Leinster are in line to possible win both the United Rugby Championship and this European
Rugby Championship which is the pinnacle of the club game here in the Northern hemisphere.
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Or a good buying opportunity for us all. In a few days the market has dropped from
$40k back to just above $34k with a slight recovery happening ATM. Its hard to
tell if we drop further to $32k and beyond or pump up.
So in my mind its buy now, if the market shifts up, great its a win, if it drops - buy more.
As magneto posted above, no need for panic, there are always opportunities.
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Alcaraz suffered a foot injury (right ankle) in the second set, but he composed himself in the 3rd to close out Rafa and have his first win against him. Nadal still very positive during post injury even though he losses this match.
I was forcing Alcaraz all the time in this tournament and wanted to do the same all the way to the trophy but that foot injury has me worried. He moved poorly in second set and then started playing good in third again and that was while the injury did not have time to cool down. Could make him some problems today and if you are not on your 100% Djoković is the worst possible opponent. Really disappointed I have to skip this one. But surprisingly, even with a foot injury, Alcaraz won against Djokovic, and he Djokovic was all praised with this kid. So skipping the match might be a good idea for now, but he will go and move to the finals but no choice to either go with him or bet on the result of Zverev and Tsitsipas later. I didnt see any slow movement for him so i dont think the foot injury was serious at all. But he played an amazing tennis and will be no1 for sure in the future. Also Novak Djokovic had a chance in the second set and missed some clear shots that costed him the win Yes he looked fully fit. A few things I noticed from the match, Alcaraz seems to have more versatility in his game than Djokovic and is a harder hitter too. His winning points also seemed to be more - Spectacular. He should win today against Zverev. One of the commentators on Amazon Prime last night said the fact that the game was played so late and the air temperature was so much lower than the daytime Zverev had more time between shots, the late game suited him more than Tsitsipas who had way too many unforced errors. Its Alcaraz for me today. |
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