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2841  Economy / Speculation / Re: Bitcoin Price Can Fail and Will Touch Be US $ 13k Dollar? on: June 25, 2022, 10:55:16 PM
Its perfectly reasonable that after rapid change upwards, we can see this price revisited under great pressure.    If I put the graph on monthly bars to reflect the longer term nature of BTC and its cycles, it becomes more visible and justified as a view.   If we have greater volatility we'll see a greater range appear possible, when we trend up it'll become tighter again in terms of the possible negative and positive price each month


2842  Economy / Economics / Re: Wheat War I is going to be World War III on: June 25, 2022, 10:47:57 PM
Agriculture fertilizer in general is undervalued because of disruption from many factors not just this war.  There is greater world GDP growth, growing populations and development of economies away from an agrarian self sufficiency economicy in terms of food more supply will be needed from those with land capable of mass production.   Russia trying to bully a nearby country into its cartel influence for money making and power advantage is not out of character.    The bigger problem might be global warming or altering weather patterns, this will alter current food production and require new land to be found and enriched.
2843  Economy / Economics / Re: {Economy} What is happening in Japan? on: June 25, 2022, 10:25:52 PM
BOJ were the originators of this whole QE yellow brick road we're on and they are the first to meet the Wizard.    Its worth a discussion of what we will find behind the curtain, it could shock the world to find QE is a load of baloney when it was supposedly genius.   Seems already obvious to me we're in a trash situation but until the mainstream consensus comes to this unfortunate conclusion we move in circles not progress towards any resolution.
2844  Economy / Speculation / Re: Bitcoin leaves oversold RSI territory on Daily chart on: June 25, 2022, 09:50:41 PM
Good trading indicator, not sure if we are proven medium term yet though.  I use OBV which includes volume as well, depends on the exchange as volume is split also but roughly I find it useful.  That indicates we are fairly neutral now and with alot left to prove before prices into 30k or above is reliably achieved.
   In momentum terms we are above weekly average and so long as we're staying above 20.5k I'm willing to take market as positive.  Also above 2 day average so its been quite a good week, closing the weekly bar will help with the longer term picture I guess; however just being flat today and tomorrow leaves us below the 200 week average & some will be shaken by that a little.   Momentum is fragile
2845  Other / Archival / Re: Lemmings is a game you dont have to play on: June 25, 2022, 08:26:18 PM
I dont disagree totally but as we get nearer to those low prices in the teens, I start to care less about the final figure for the bottom pricing.  The time to be a foreteller was at the peak prices when there was such a large amount to drop, from here its not that important.   If you buy at 20k and it goes further even 10k but eventually recovers back upwards does it matter so much.
   The biggest danger is people get frozen by the concept of volatility and low prices so they miss out on the following rises, exactly this happened 2 years ago when it just kept doing better then expected.   We might still be negative but alot of pricing is fear and upset, its a lemming type dynamic where people get spooked into selling at the lower price and its not worth even worrying about.  
   Always secure your own debts and reduce leverage in good times so you can not worry in times like this, it always happens the crowd panics so dont feel you have to copy everyone else.   Price is not absolute truth its just supply and demand this day, this week and in future it will vary again; we are going to have a tidal wave of dollars they have overproduced that paper by trillions.
2846  Economy / Economics / Re: WHY ITS SO POSITIVE THIS BEARMARKET. on: June 25, 2022, 07:21:40 PM
Price up or down doesn't represent negative or positive like we think it does anyway.   Its maybe easier to say for houses rather then BTC but a lower price can open that market upto a larger number of users, there is higher utility at the lower price and so that asset becomes better established.  Growth of society matters, an overall economy not one commodity or priced asset.  The most important thing is BTC continues to be used and useful to as many people on this planet as possible, your own self interest in a profit this year is a distant target that is really only of incidental importance.

   People criticize capitalism often, it can brutal for sure but a product only really continues if its of use to society; otherwise it is discarded and diminished, taken over and used as parts for a greater objective.  The market matters, the people who play within it really come second and we have to be grateful for BTC resilience even with a lower price it is still a positive trend but more patience is required, price isnt everything.
2847  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 25, 2022, 07:49:36 AM
You would need 6x the luck the already lucky 473 ticket holder had when winning.    Possible but not probable, I think 73 is a decent amount for a chance but its a wild chance not a reasonable one.  Is the 50 GT win a 1 in 400 or 1 in 40,000 win, depends how its read and I used up all my spins just now without saving the odds pic but if it was the latter thats already extreme luck.  Not sure if it would be correct to say that winning now would require less luck then you required to get that prize entry.    As a combo we have to doubt this event but I want you to prove mathematical probability is a sham subject and win Cheesy


Quote
You are very happy? But you aren't the one who win mate, it's him
Yes but vicariously he enjoys that someone had extreme luck to win, I can appreciate that.  If somebody wins with 73 tickets then in theory its in the grasp of your 'average' punter
2848  Economy / Gambling discussion / Re: Rakeback and promotions for limited time on: June 25, 2022, 06:20:25 AM
"bronze, silver, gold" levels bring an RPG element to gambling

The wider competitive game, I imagine that is more effective then alot of measures.  A greater purpose to the game, to the risk taken because it feeds into that overall ranking is something I recognize from general game playing even outside of gambling that's a strategy deployed to increase involvement and feedback in a userbase.  I can remember games stats was placed under names like a status, hierarchy all that is a thing Smiley
  Interesting that it would be highest for the Poker players, maybe because its already possibly a more social game and helps encourage whole groups of players.
2849  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 25, 2022, 06:12:09 AM
The most interactive game for me is poker or sports betting I think, it has the most factors and there an infinite amount of strategies when it comes to competing vs people or considering sports bets.   Slots are a game within a game, its more flashy and instant perhaps but I'd have to say its not what feels most interactive.  Its probably because of the instant feedback route, if we are talking brain waves then I guess thats the flow of cause and reward / loss is quicker but I'm lucky I need the larger factors to really be involved in something or I get bored or its not real enough I guess so I would move on etc.
2850  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 25, 2022, 04:41:26 AM
He said he will pay it back for one reason to show contrition vs his future trial and an effort to say he 'will pay the price'.    No doubt if he lives for a thousand years he would pay it back otherwise it seems unlikely.   However I do have good news for the man of great debts, YEN has achieved its lowest value in decades due to doubts over its central bank and its excessive debt via QE programs.  Its possible it could go the way of the communist Ruble and several other currencies and end up disappearing or 10,000 to 1 new Ruble in the case of the former soviet era currency.   Japan is of course the originator of the modern day QE concept and so the furthest down that yellow brick road.    This debtor can swear repayment of a soon to be worthless currency, how handy.   Possible not quite probable just yet.
2851  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: June 25, 2022, 03:36:04 AM
-snip-
Thank you.

I'm too lazy for download and install a new browser, this provider is really annoying. To many sites are getting blocked, even binance getting blocked by them now can't even reach the mirror link too.

Gezz, I still can't believe this.

GX opera is supplied with Epic games platform, they will handle the install for you if you prefer to take that route.  Install and uninstall, directory and files listed like any game its supposed to be a browser to people who pc game but it'll work for websites like you wanted also.  It links and duplicates any prior browser so shouldnt take long to use.
2852  Economy / Gambling discussion / Re: Online Casino Trends For 2022 on: June 25, 2022, 12:15:11 AM
NFT isnt really a new phenomena if we consider trading digital items has been around a decade and the ability to bet those digital items was a thing so popular 8 years ago it was blocked to stop its success.  Later it was imitated and now we have the current iteration which is more of a decentralized approach perhaps to avoid that constant drag of paperwork and resistance by varied nations across the world.  Anything that can create a common interest across the world will be big but its not a given that all obstacles are overcome easily, I dont know if NFT is that as my general belief is accessibility by all not just elite traders etc.
2853  Economy / Speculation / Re: Bitcoin price with a 4 year cycle? on: June 24, 2022, 11:59:23 PM
The cycle this time was disrupted by massive printing of USD so Im not sure its quite as reliable as it might be with a steady flow of new dollars.   Its generally true but this might explain why we've returned to the 200 week average after only 2 years previously when we sold off on the initial lockdown and global GDP shock of 2020.   I think we can put in a base price this year and most wont accept this as positive till long after, where as normally it might take alot of 2023 also before settling sideways into 2024.   
2854  Economy / Gambling discussion / Re: 🕹️ Esports 🎮 Prediction & Discussion Thread on: June 24, 2022, 10:49:44 PM
The highest team in the world losing games after winning the major is a bit of a danger to beware of.  Dont think its altogether unexpected, they got their foot off their gas pedal now maybe after spending alot of time training prior to the major.   BIG was traditionally a giant killer now they are one of the best teams, its not an entirely improbable result at least it was 3 maps, 2 would be shocking.   Also think about counter strats, everyone studies the success of the highest team and everyone wants that prize themselves, inverse of a new unknown team who is off the radar and able to surprise more easily and not studied at all like when Fallen first appeared etc.

I will go with OG and Movistar to win their matches.  Imperial/Fallen lots of red loss recently unfortunately, I will go with 3 maps for their match and also Furia match too as both are capable of the win.
2855  Economy / Speculation / Re: Was 17600$ was the bottom ? on: June 24, 2022, 09:51:41 PM
We havent yet proven the decline has ceased.   Price action remains below the 200 week average, as a recovery we're mid way and its quite weakly attempting upwards still.   I think we do need to see BTC close on Sunday the weekly bar above 22.5k or so.      So to the OP question no not yet, the door remains open.
2856  Economy / Gambling / Re: KYC casino or no-KYC casino, but with no bonuses/no cashback? on: June 24, 2022, 09:36:54 PM
Ease of use, familiarity and personal preference are the main motivators for people I think.   Also KYC depends where you are in the world, some places it would be a hassle others no problem at all.   Most places do a bonus based off usage anyway so I dont see it has to be a total all or nothing scenario.
2857  Economy / Speculation / Re: WHAT EVENT DO YOU THINK WILL USHER BTC INTO THE NEXT BULLRUN? on: June 24, 2022, 08:59:15 PM
I already heard it in a small way and its down to currencies wishing to avoid inflation by raising their currency worth vs Dollar.   This is a new phase change to previous sell offs where countries were happy to have weak currency for the benefit of exports rather then imports and high prices from that.     If we progress away from favoring continual debt accumulation and weak currency it likely means we see the whole giant bond mountain of debt will unwind and this does mean BTC which has no such burden looks better comparatively;   all these factors are hard to see play out theoretically but lets just say the progression of prior debt based spending likely favors BTC and alternatives to centralized bank currencies.
2858  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 23, 2022, 11:58:11 PM
50 day average or the monthly might be a reasonable target for a rise into July start.   Seems overly optimistic but if it gets the odds it might be worth going for.   I dont imagine it going further then that so those would be my outsider bets for this month, its only slightly off the favorite but over 10x odds seems fair for a possible outcome.     I have to force myself to consider that outcome relatively soon but BTC is volatile, it can do this.  My take overall is we have to prove the lowest prices possibly multiple times, that fits the negative narrative but I never imagine all of one thing occurs in simple ways.
2859  Economy / Speculation / Re: Bear Market Opportunities - Forget "When Lambo" on: June 23, 2022, 11:34:46 PM
We got a reasonable attempt at a turn around in the price.  Theres no reason to take BTC as a great thing to avoid, the YEN has really great problems underway and EURO is troubled hence it raises Dollar on balance and makes BTC under pressure when its trying to rise.  I do think the price action remains reasonable, nothing worth over reacting to.     I remember the prior bad sell offs and now we have alot of global event news but I dont think the situation is greatly altered from prior negative views of BTC.
   Stay reasonable, dont overcommit is probably best attitude to maintain


Target upside is about a monthly average, 50 day if you like around 27k.   I think we repeat alot for a while but theres opportunities for those keen imo
2860  Economy / Speculation / Re: Today is the day on: June 21, 2022, 10:52:59 PM
The biggest clue is continuing pressure or not.   Surprise events with unforeseen negatives would maybe create new lower prices otherwise the most likely general path for BTC is sideways back and forth and thats something its done many times.   People will speculate up and down at various times, for all this year maybe next but we'll just idle on anything larger then short term trades I think is most likely


Here is the weekly average, we challenge and move across this but to really be positive this level of momentum needs to regularly stay below price.   By that reference its possible to see how positive BTC price action is feeling at that time.   For now alot of time and trade has to repair the prior selling, I think its mostly time that people underestimate will need to pass by before BTC is doing ok again.  Its probably for the best that every part of the market has a chance to consider and be involved in BTC at this level, just recovering right back in 10k steps without enough time probably only helps money men more then the regular people who get any spare capital more gradually across a whole year of earnings, etc.
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