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2881  Economy / Speculation / Re: Next stop $85K for Bitcoin on: October 16, 2021, 09:45:34 PM
Well, the situation is no change and the price of btc is now 60k$ so I think the 85k$ we'll be the next price, According to Jurrien Timmer – Director of Global Macro at Fidelity Investments – bitcoin needs two more years to reach a price of $100,000 so for me I think btc will end to 80k to 90k$ this year.
I don't believe in two years that we'll only end up at $100k. I know it will go beyond that. And seeing the price of bitcoin is now around $60k, so there are high chances that its price will reach $70k-$80k this year.

However, if there are price corrections or negative events that will cause the market to decline, then bitcoin price may only end up at $60k-$65k this year. Im just being practical because that's how we should deal a market's volatility, so as not to end up being devastated.
2882  Bitcoin / Bitcoin Discussion / Re: Crypto Scammers put bad impact to Our Government about Bitcoin Transections. on: October 16, 2021, 09:22:59 PM
I don’t think that excuse is good enough, to me that’s a worthless excuse, like seriously. If they are worried that criminals are using cryptocurrency, why don’t they look for a way to protect people and prevent criminals from making use of crypto currency than using it as an excuse?

There are lots of big scammers and criminals that are being caught around the world and for the majority of them, you wouldn’t hear that any of them are making use of cryptocurrency, they carry out their activities by making use of Fiat and banks. Despite that the government regulates banks, they still hardly detect these guys. So, it is not like cryptocurrency is the worst please. They are just being funny.
It's definitely makes sense that when crypto is involved in scamming, the whole government thinks that crypto will never be a good currency. But when fiat is involved, i guess most of the scams it is, still it will never be ban because its totally backed by them. Its like a one sided story and ends up putting crypto the guilty one. For me, even if bitcoin will not be used in scamming, as long as it remained to be decentralized, the government will always have an eye on it, and will never be adopted in the first place.
2883  Economy / Trading Discussion / Re: Before getting into trading on: October 15, 2021, 11:34:23 PM
When one first enters the trading game, it is most often challenging to know how to prepare for it. Even if it is an appealing approach to increase profit, it would not be as fruitful as one may imagine without a fundamental understanding of the basics and a few preparations.
How should one prepare before getting into trading?


Well my experienced when I start trading is that we should have some money that we can afford to lose, you can learn the basics from the internet there's a lot of them. Then after you learn the basics you can try your first experience by putting a small amount to trade, and the most important is don't get angry when you lose your fund.
Yeah!,the ability to bare in mind that you must lose money or make money will make you venture into trading without fear,and if you are not financially bouyant enough to get your minds off some money that you have already lost,dont even think of trading.
When I started,I bore in mind that risk is always involved in every business,and in trading like this,it is taking the risk that really determines your success.
But before I started,I made research on how to trade without losing,but u later discover that losing,is part of the game,you must loose to have experience and to learn from your mistakes.
Losing can be easily overcome when we say it but when you're in the real scenario and you just lose a huge amount of capital, i swear its never that easy. But you won't get through of it if you'll not take it as part of the risk and challenge that will motivate you not to lose next time. It may not be avoided but somehow, it can be minimized.

For me, i made sure that before getting into trading i have understood already what is trading and how it will be profitable in the long run. If i think that won't really fit me, i should have quit earlier. But there is something into trading that keeps me going on, maybe not just profits alone but also the over all challenge that we need to face positively every now and then.
2884  Economy / Economics / Re: Simple reason why crypto is preferred over fiats on: October 15, 2021, 11:10:38 PM
That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology
Using blockchain doesn't mean it makes the network decentralized. There are centralized coins/project that utilizes blockchain technology. Centralization/Decentralization depends on how the network has been formed/structured.
In the Crypto space, such is not possible because any amount that leaves your account can be monitored and traced by anybody at all

So stealing with Cryptos is almost not possible
There are privacy coins that helps to keep you totally anonymous. And you can still steal with cryptos. Lots of people are getting scammed everyday (for stupid reason), and they can't do anything to recover their coins.


That's why Bitcoin of $10 today can turn $14 in 14days time but your $10 in the bank will reduce to $9 after bank charges

So a time will come when everyone wouldn't want to be cheated again by the banking system and would move to using Cryptos for Saving money and other transactions.
You forgot to mention that your $10 today can become $5 within few days (or hours)...
Exactly. Your money won't only just go up and increase its amount, it has also chances to go on a lower value and make you a loser in just a blink of an eye. So crypto has also its lapses somehow. It might gain more popularity these days but admit it, fiat is always ahead of that when it comes to popularity and its usage.

However, since digital technologies have been more usable these days, so it may also be applied in digital currencies. But making crypto or bitcoin as a global currency over fiat might be a very tough process before it gets realized.
2885  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buying shib right now on: October 15, 2021, 09:56:00 PM
I don't think this is the good time and IMO the hype is already over. Just remember, SHIB is a hype coin with no real motive other than to get people to invest before the creators can rugpull. Do yourself a favor and DO NOT invest. This coin has absolutely nothing unique about it other than hype. When the hype dies down, so will the coin.
That's probably the role of meme coins as they are easily hyped and once it over, they all fall down to their low value. But i still see meme coin still profitable these days because its value still keeps getting better everyday. Maybe we can be profitable in Shib even just for a short time as long as you buy it with a low price. Right now, its price may be quite expensive but if you can manage the risk because you believe it has still potentials to increase more, then go for it. Not really bad to make profits before its value goes down.
2886  Economy / Speculation / Re: Can BTC hit 70k$ this Christmas? on: October 15, 2021, 08:38:28 PM
We can not say it with 100% accuracy. But what can I say that the upcoming christmas is so far from now. that means we have still enough time to it happen. Now btc is trading around $59k-$60k so Just need a little pump to reach it. First of all Btc should focus on the next ATH and if it can make new Ath in near future I think 70-80k is very possible to reach even more.
The current price of $61k just needs a little more to reach its true ATH point so we can get a Christmas wish of $70k with a pump like this I'm sure bitcoin can make up for it.
I think this year we can hit ATH twice and this in the near future whereas on Christmas most people are sure hope that bitcoin can be pumped again to the point of resistance.
After going through all this it will be easy that bitcoin can be trusted to surpass $100k in the next year.
Well, with the current spike that is happening in bitcoin, $70k is just around the corner, and it may happen soon. Bitcoin is already at $62,626 so its not really too impossible to reach $70k before this year ends as long as there are no negative updates that may cause for the market to collapse again. But even if there are price corrections, bitcoin might fall down but not to its deepest dip because it has a strong back up already so it will easily recover after that.

However, if the rally continues, we can see more positive prices ranging from $80k-$100k after reaching its new ATH. So let's just wait and see.
2887  Economy / Trading Discussion / Re: Traders Don't easily lend out money. on: October 14, 2021, 10:02:53 PM
It truth that trader doesn't easily lend out money. For an active and good trader it will  find it difficult to give it money out because they all believed that the more you have your capital the more you can make your profit. For example for a trader that invest 100usd and the one that have 100usd and lend 30usd out and invest 70usd when Bitcoin 30usd. which one will make more profit? it will  surely be the one that invest 100usd.this is main point why trader doesn't found it easy to lend out it money
I may agree on you because you also have some point but its not all the time that a trader will definitely make use all of his money to trade. I know even if he's an active trader, he should have always an extra money on his pocket for any immediate purposes. And when it comes to lending out money, for me it will always depend on what purpose will the money intended to use? If its for an emergency reasons, i won't be hesitant to lend out some money because i know how it feels to be helpless. But if its just for such unreasonable excuses, well its a big no for me. Money is always worth every cent so it should be used only for valuable reasons.
2888  Economy / Economics / Re: Who is Happier: Stock investors or Bitcoin investors on: October 14, 2021, 08:56:13 PM
Honestly I am always worried about investing into smaller stocks, I rather invest into the mostly known ones. Like amazon, apple, microsoft and so forth because I know that they will be doing fine and I doubt they would have a long term fall. This is why I try my best to buy as many blue chip stocks as I could, and that way I end up with a good return.

However, I end up spending money on the most stupidestcoisn and tokens ever, no idea why I do that but probably because I can spend like 10 bucks on stupid tokens, I usually can't buy that much on stock market and that is why I try to enjoy life here more. I "enjoy" more, so does that mean I am happier with crypto? Could be, depending on returns and crashes but I do love dealing with smaller stuff.
It's clear that you can take more risk spending in crypto than stocks so you are certainly more on crypto lover. Maybe because the profits in crypto are much massive than stocks particularly if you end up investing in bitcoin. But there are times also that crypto experience a dump season so most of the coins are decreasing in value so i think it will always be a good diversification if you are investing into both. If you come up non- profitable in crypto in times of bearish season, then i guess having stocks too would give you high profits.
2889  Bitcoin / Bitcoin Discussion / Re: Would you quit Bitcoin if a shitcoin like Ethereum surpassed it? on: October 13, 2021, 09:52:22 PM
Posing this question makes me believe you're all in in bitcoin for the profit. If that's so, then you should quit and move to Ethereum, especially if you want less risk and imagine that the whole world will follow towards.

But, in case you don't use bitcoin for increasing your purchasing power only, and agree somewhat to the ideology of an innovative payment system which is separated from a government, then you ought to stay. That's the way you see things, man. An increased market cap asset shouldn't change your sociopolitical beliefs.

No, I wouldn't move to Ethereum if it ever surpassed bitcoin, because it does not support what bitcoin does.

Exactly! I was gonna say sth similar. How does the price of Bitcoin affect its code? Bitcoin isn't here for a competition of who is worth more (monetarily). Bitcoin is all about the code! The security it brings you, The privacy, etc. And for this for this reason, you cannot compare it with other currencies (crypto or not).
Bitcoin has its own goal so it does not exist to compete other crypto coins or let's just say even to replace fiat. Having it as a legalized currency is a big achievement already.

However, if we think of altcoins like ethereum replacing bitcoin, i think the rate would be 5/10 because their own prices are very much apart. But if its really bound to happen in the future, then we can do nothing about it. I will still prioritize bitcoin because i know how promising it is and it is the only coin where i can put my hard earned money and expect a very huge ROI. Not like altcoins, they can easily pump when hyped, and when its done, their prices will mostly stay in lower values compared to bitcoin.
2890  Economy / Speculation / Re: Bitcoin failed at $58,000 and dropped by more than $3K in a day. on: October 13, 2021, 01:52:02 PM
I saw Bitcoin drops 3k$ in a day and expert says that it is all because binance restricts access of Chinese users. more negative news in relation to China will drop the Bitcoin price down, but I think bitcoin will soon recover just like before, what was your opinion about this 3k$ dropped of btc price?.

The decrease in bitcoin from $58k to $55k is still considered natural and has no effect. The $3k drop is only a few percent and it happens every week. Bitcoin, including a volatile market, often fluctuates in market prices, so this is nothing to worry about.

I agree with some minor comment, A 3K$ change is indeed small price change but it happens when it hits 58K which is the wall that can't be break multiple times, This means that price failed to break that certain wall and we might experience retest, The problem is when bulls lose confidence and power, The current price is near ATH which means that traders are very sensitive on any sudden price movement. A single FUD or price reject might cause a panic sell off. Its better to keep watching and be prepared. Being over confident is always leads to a loss in trading.
This must be nothing big, just a part of price correction. But if it's really caused by some restrictions from China, i guess we don't have the control to make it stop. Bitcoin is highly volatile so its not really new to us if the current price drops 3%-5% a day because there are times too that bitcoin suddenly starts surging by 5%-7% in a single day. If you want to invest in long term in bitcoin, then you should not be affected with the sudden price drop in the market as market crash will always expected to happen.
2891  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 11, 2021, 09:40:23 PM
These are just my personal view though, yes, they almost win in game 1 but it was still TNT who have a big lead early, SMB just had a big run in the 4th quarter and unfortunately, they were not able to complete it the win. In the 3rd quarter, the score was 19-29 TNT, while in the 4th quarter, 18-28 SMB. 10  point lead is not enough for them to beat the TNT and it's been always like that, SMB will have a big run usually in the last quarter like what they did in game 2 where they finally succeed to win.

If you guys noticed, it was Pogoy who carried TNT Katropa on the first three games, scoring 20+ points on each game while only managed to score a single bucket in the last game when SMB's defense clamped down on him so I think SMB would be now focused on stopping/limiting Pogoy for them to win the series. A lot of adjustments for SMB in game four that worked that gave them the big win so i think they will do the same in game 5.

On a side note, I do hope that Poy Erram is okay and could play in the next game. He was brought to the hospital for check up for that apparent head injury he sustain colliding with Mo.

Pogoy was the most consistent scorer in the lineup, he should heat up again in game 5 so the TNT could take the lead in the series. Poy Erram as well is contributing 20 points or more for the team but last game he was only held up to 3 points. As for the latest news, Erram is doubtful in game 5, so this is a big problem for TNT as they will miss a big man who can score on Fajardo.

Injured TNT big man Poy Erram uncertain for Game 5
Quote
Poy Erram’s status for Game 5 of the PBA Philippine Cup semifinals between TNT and San Miguel Beer remains uncertain due to a suspected fracture on his cheekbone.

2892  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 11, 2021, 08:56:35 PM

I doubt Tautua would do the same contribution he did in game 4, things will be different in game 5, TNT will be more aggressive with their defense and they will once again impose their effective strategy against SMB. As far as this series goes, I only see one game where SMB really dominate, the other 3 games, it was TNT who were dominating but sometimes they are careless which resulted to a heartbreaking loss.

I don't think so, SMB almost snatches the game 1 and fulfills it in game 2, only game 3 where TNT dominates the game and after that we see adjustments that being done from SMB camp. All star SMB shows what domination is. If you have those kinds of players who really work on both sides, you don't need anyone to single-handed the game; I agree with you that Tau may not be able to play the same hype, but don't forget that Perez also has cheat mode, so with Romeo and Fajardo.

Those are the names who can really produce double digits, while the best backups are there, Cabagnot, Lassiter and Ross, who can also bring numbers. Once everyone blends well, expect to see another domination from SMB.

Though we can't tell if they will play that level again, just wait when they meet again, no further update with the game schedule as of checking from PBA official site.

These are just my personal view though, yes, they almost win in game 1 but it was still TNT who have a big lead early, SMB just had a big run in the 4th quarter and unfortunately, they were not able to complete it the win. In the 3rd quarter, the score was 19-29 TNT, while in the 4th quarter, 18-28 SMB. 10  point lead is not enough for them to beat the TNT and it's been always like that, SMB will have a big run usually in the last quarter like what they did in game 2 where they finally succeed to win.
2893  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: October 11, 2021, 08:27:11 PM
Next opponent for the Lakers are the Golden State Warriors again. 
They will rest today and they will play tomorrow. I would not bet on the Lakers or the Warriors, it's hard to tell if they will play seriously or not, so it doesn't give sense to whatever our analysis would be in this game. Maybe let's wait until the Lakers will start winning then that's the time we will start betting on this team.


You nailed it! Best to wait for Lakers to start winning before betting with them, and besides, regular season is almost around the corner
much better to preserve our balance,

We don't have any idea if how these two teams will play. Both can be explosive but depends from how the coach will use their stars.
the chance that they will sit and rest to conserve their strength for this upcoming regular season.

If you can't resist, why not choose other alternative aside from ML and handicap, over and under, game half or per quarter scores.

You got a lot of selections to choose if you just want to bet with the game..

Maybe I'll consider a bet on the total, but I would not be too confident in putting a decent amount as they are so unpredictable. A parlay bet is always fun, however, there are only two games in that day, so it would still not gonna result in higher accumulated odds. Anyway, I will just decide once I see the odds already in the betting sites.
2894  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: October 11, 2021, 04:17:43 PM
Next opponent for the Lakers are the Golden State Warriors again. 
They will rest today and they will play tomorrow. I would not bet on the Lakers or the Warriors, it's hard to tell if they will play seriously or not, so it doesn't give sense to whatever our analysis would be in this game. Maybe let's wait until the Lakers will start winning then that's the time we will start betting on this team.
2895  Economy / Gambling discussion / Re: 2022 NBA Season on: October 11, 2021, 03:49:05 PM
Yes, maybe we will see Russ and Lebron together in the game or Russ coming off the bench to lead the second team.

There is no chance we'll be seeing Russ come off the bench to lead the second team.  The guy is one of the best basketball  players in the world.  The Lakers are lucky to have him on their starting unit.  He's been struggling pretty bad shooting from the field in the preseason, but I'm sure it's because he's working on things and getting ready to make a push for a championship.  I have complete faith the Lakers are going to start kicking some serious ass once they get a feel for each other.  Usually I'd say it takes at least a season playing together before a chip is possible, but I think these old guys will find their stride by the all star break.

Like what I previously mentioned, as an individual player, Lakers are fully stacked with exceptional talent and superstars. I think their first five and bench consists of all-star players back on their prime.

Their game earlier against the Suns show on how the Lakers lack their team chemistry and ball rotation. Though Melo showed a vintage performance of his non-stop 3s and deadly midrange shots, their turnovers what killed them starting on the 3rd quarter. Chris Paul showed an exceptional performance on his 3s earlier. His just really an outstanding PG across the field.
There's still plenty of time to build that chemistry, we might not see the Lakers topping the ranking in the regular season as they might struggle with their chemistry but I think the entire season is enough to build chemistry. As long as they qualify in the playoffs, it doesn't matter anymore even if they rank at the bottom as they can beat any team in a best of 7 series.
2896  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Caleb Plant on: October 11, 2021, 11:33:08 AM
But don't underestimate Caleb, as he very well know that he is the underdog here.
And he is trash talking, so he should show what he's got under his sleeves.
Otherwise, if he will not put a good fight, people will not believe on him anymore.
Upsets can happen, but this one seems not to be included in this category. Let us see...
But usually a trash talker is lose due to his full confidence Grin Plant's career wouldn't end if he lose with Alvarez in this fight, most people know Plant's will lose but he still got respected by all his supporters. He's not only created to fight with Alvarez isn't? He can fight with another good boxer and gain more reputation.

The odds is only 1.09 for Alvarez it's not attractive for me to bet, as it's not worth to take the risk.
It depends on the skills of the fighter as we have some champions who are good at trash-talking, good example is Floyd Mayweather Jr., he is a very smart fighter, it doesn't matter to him if people call him boring as long as he makes tons of money in boxing and was able to retain his undefeated record.
2897  Economy / Gambling discussion / Re: [Boxing]: Terence Crawford vs Shawn Porter - Nov. 20 on: October 11, 2021, 08:07:34 AM
This fight could be close and could extend to 12 rounds and going to be back and forth fight. With no clear winner. That's how I see it, to go the judges to settle the winner.

If this fight goes to the judges' scorecards, I can see that there is already a clear winner as that means Crawford was able to take the punches of Porter and we know that Crawford base is the better boxer based on the previous matches and that is his advantage on why I believe that he will win.

IMO, it would be fun to watch if someone will be knockdown, I still have a hangover on the Wilder vs Fury fight, I like that scenario of fight to be seen in this fight.
2898  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 11, 2021, 07:24:31 AM

I'm sure TNT will adjust in game 5 as they want to win that game. It's really a bad loss for them, their worst so far this conference but I'm sure it will not happen anymore. Maybe TNT has a some hangover on how they were able to dominate the SMB in game 3, but bounce back is real, SMB just do what they should and that is killing TNT in game 4.

Tonight, the line would be available and I think SMB will be listed as slight favorite only.

I agree Kabayan! TNT will adjust, Coach Chot expect the kind of adjustment SMB will give them after that win last game 3, see all the veterans with extended minutes inside, that's the SMB we used to love they are all there to lift each other and to play together.
Now it's time for Chot Reyes to do his job, same deal with Leo Austria. Not everything is in the hands of the players, but coaches' design plays are very important.

We might expect TNT to counter and not to allow SMB to bully them with that tight defense. They've got the talent and they know that somehow they can match everything. They just need to prepare harder.

Aggressiveness with control, Players wise both teams have a winning combo not undersize or lack of talents if advantages, both deserve the win.


I doubt Tautua would do the same contribution he did in game 4, things will be different in game 5, TNT will be more aggressive with their defense and they will once again impose their effective strategy against SMB. As far as this series goes, I only see one game where SMB really dominate, the other 3 games, it was TNT who were dominating but sometimes they are careless which resulted to a heartbreaking loss.
2899  Economy / Trading Discussion / Re: Entering the trading market on: October 10, 2021, 09:14:58 PM
Before entering the market ensure you have done your own research and you have fully gotten important informations needed to help you do your analysis. You have to be well disciplined to make you succeed in the market and remember being patient enough always pays out. Never you try to go against the trend. Do not invest what you cannot afford to lose. Play safe
In addition to that, it is also a must that first and foremost, you should prepare yourself to take the risk. Crypto trading is certainly more risky than simply holding so you should develop first trust and confidence so you'll be ready to take the risk. Crypto trading needs more patience and persistency because not all the time things will work out in favor of you. There will always be a market crash every time that is definitely inevitable so you have to deal it more on a positive way. If you think you already developed this, then you can start building your experience.
2900  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What if the founder of Ethereum sells all the Ethereum he has in his wallet? on: October 10, 2021, 04:44:14 PM
I don't think such thing can happened
Anyways like we all know Ethereum is
A crypto currency, a digital money in that
Matter, at any point of time if the
Founder wish to sell it anyways
Life still continue with other
Crypto.
Well, he has all the right to sell his ethereum he has in his wallet because its owned by him and not ours. But i don't think he'll probably sell all of them altogether. He might sell only a portion of them. If he can make profits with that, then why not? After all, we invest and hold for the sake of profits and now that its already in front of you, then grab it. For me, when i see to it that my target selling price is already achieved, then i should start selling some of them. Maybe he has a better plan after that that will also yield better profits.
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