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3021  Bitcoin / Bitcoin Discussion / Re: Bitcoin price and actions to raise it on: June 10, 2022, 02:16:48 PM
I think that the problem is people who do not understand that Bitcoin never was and never will be in the hands of the government. Their regulations are a farce meant to scare the common person into following orders. The more people finally understand this, the bigger global Bitcoin adoption becomes.

It's a simple matter of time. Sooner or later the government will lose control of money, especially the manipulation of the value of money. That's decentralized freedom.
I agree that government is not really "controlling" bitcoin, they are just controlling what you can do with it and how you can use it which is still a problem. If a country bans ownership of crypto all together, they are not controlling crypto like that, but at the end we are talking about them not allowing you to have anything and you would be doing something illegal if you owned any.

Not really seeing any much improvement about it at all. I have to say that there is a good case to be made about that control being even worse than directly controlling it, because there is something out there which people use if they are from another nation, and you would be committing a crime if you did.
3022  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Human Rights on: June 09, 2022, 09:31:25 PM
It's indeed true! But you need to understand that every government is prominently funded by banks so it's no wonder that therr will always be a group within government that will support a complete ban on cryptos and will always highlight the deficiencies of crypto ecosystem. There will always be an external group as well to support such initiatives because banking wants to control everything and crypto will not let it happen. So we will always see such kind of issues unless a government clearly states their position on the crypto matter.

US is playing diplomacy since a long time on cryptocurrency. It's hugh time to declare their stand on it.
Unfortunately banks do not fund governments, it is the other way around, governments fund banks. We have seen plenty of times when banks are not doing that well, and the government ends up helping them out and save them because they are getting bribed heavily by those banks. Hell even in 2008 crisis caused by banks, they gave out 800+ billion dollars worth of "loan" to them, and did they profited from it?

Sure they did, but if I ever bankrupt like that, I can bet you that government wouldn't just save me and give me a huge loan, and neither would any bank? Because if something is bankrupted, it's bankrupted, no need to save it for free, you either buy it out completely, or just let it die.
3023  Economy / Trading Discussion / Re: How to avoid crippling losses when trading? on: June 09, 2022, 09:09:11 PM
Without a doubt the best way to reduce the chances of a massive loss is with the use of a small position size and a stop loss, however this is something which limits profits and since the main goal of traders is to obtain profits then a great deal of them do not like either of those two concepts, which means that even if they can obtain huge profits if they happen to be using leverage when the market crashes their losses can be monumental to the point thy could even get a margin call simply because they made a mistake when reading the charts while they were not using any method to protect themselves from massive losses.
Diversification is one of them as well. If you know what you are doing then it shouldn't really be a problem but if you have no idea about crypto then you could diversify by buying silly coins and so forth. I highly suggest being very careful with it, you could buy like 10 different coins and if 7 of them fails within first 5 year, then you made absolutely nothing that worths diversification, just buy btc, eth, bnb and be done with it in that case.

However, if you know what you are doing then you should be doing a lot better and you could totally profit from it because you could buy 10 different ones, and even if 1 dropps, the other 9 would save you.
3024  Alternate cryptocurrencies / Altcoin Discussion / Re: Is alternative cryptocurrency meeting up to it expectations on: June 09, 2022, 08:31:26 PM
I guess the future is already here, altcoin market is going to be a pump and dump market. Only those that are prime movers and have a solid use case could survived the market.

As for ETH, it has evolved as well, just like it's counterpart, BTC. Although is supposed to be an alternative, now it's moving away as it is being developed to cater what the current market situations needs. So it's going to be cyclical, ICO->NFT->Defi->Staking and what's not.
I do not really believe that pump and dump is that much of a big deal in the short term. Sure we have crashes and increases all the time and that makes it a bit harder to focus on the task at hand, but that is still doable thing for all of us.

I personally would love to see the current situation a bit better, and that means we are going to end up with a situation where it is not going to be pump and dump, but more like bear and bull in cycles and those are different things. When it's pump and dump, that is like daily thing, but when it is bear and bull it is like months in between those things before it happens, so that is why I see it as bear and bull and not pump and dump.
3025  Alternate cryptocurrencies / Altcoin Discussion / Re: Let's talk about your next crypto portfolio for 2025 on: June 09, 2022, 12:18:55 PM
Bitcoin has more potential than most other altcoins in my opinion, because of this I think it's a good idea to start investing it now as the price is low. They are much lower than the initial levels before the bear market cycle started and I think it will take some time before they start moving upwards again!!!
Bitcoin is the number one coin and has always been the top coin. If you are going to make any type of investment into crypto, then you are going to end up doing it with bitcoin at first, then you can check the other ones.

I have plenty of coins in my portfolio, majority of them are very low amounts I invested, like 10-20 bucks just to keep track of them basically, never believed they would be 1000x or something, but if they ever do, I have some there just in case. But, if you look at the biggest piece of the pie, I have a big bitcoin investment for myself, because I believe that no matter what the others will do, I am sure that bitcoin will always go up in the end.
3026  Bitcoin / Bitcoin Discussion / Re: New York's push to ban crypto mining on: June 09, 2022, 03:09:05 AM
here is another perspective..

lets use the scenario of the 2014 bit licence and also the 1900's alcohol prohibition..

if something is previously open and has no laws. a government cant just offer licences/permits to it.. they first need to outlaw/ban/prohibit it. .. to then bring it into their purview (jurisdiction) to then set terms of use in their licence/permits which hey can later sell/offer.

i dont see this as a "permanent ban" scenario.. i see this as phase one of establishing a permit/licencing scheme
The difference is that during the booze deal, there weren't many places in the country that you could sell it, if I am not wrong it was a federal move right? This one is New York related only. Plus, the amount of people who use booze, and have absolutely no alternatives is out there and known, whereas if you do not use crypto at all then you could go with fiat and if you want to invest then there are stocks and precious metal like gold and silver. All in all, they are not the same thing and New York would win that argument.

However, when other states allow such things, New York not allowing people to do it would be a freedom blocking thing, and the USA is obsessed with "freedom" more than anything else.
3027  Economy / Economics / Re: LMAO: India resells Russian oil to the European Union. on: June 08, 2022, 08:03:11 PM
France did the right thing by driving off the tree huggers and allowing the nuclear power plants to operate. On the other hand, Germany closed down most of theirs under pressure from the warmonger Green party and then further exacerbated the situation by constructing wind power plants where there is no wind, and solar power plants where there is no sunlight. And now they are about to shut down at least some of their natural gas fired powerplants, which would mean that they will be importing massive amounts of electricity from France.
Honestly those "tree huggers" is not the problem in that case, because Nuclear power plants are usually very clean if you know what you are doing. I know that there is a chance it could blow up and that would be horrible, but nobody builds a nuclear power plant just so it would blow up and be terrible. It is energy efficient, you can carry it for very long distances, and it is not going to be hurting the world if nothing happens.

So, even for a tree hugger, it is actually a good idea, it is a clean energy source that covers so much energy need with just one of them, 10 of them would light the whole nation, why would it be something tree huggers hate, I would never know.
3028  Economy / Economics / Re: Can Central Bank Digital Currencies Kill Cryptocurrencies ? on: June 08, 2022, 07:14:09 PM
You have to understand that the current RBI governor is a political hire to act as a puppet for the government. If the Indian government really cared about experience, they wouldn't let Dr. Rajan resign.

CBDCs can't put a dent on cryptos. Killing is out of question. Cryptocurrencies work in a different way and CBDCs are just a digital representation of fiat currency. It won't be much different than the ways we are using UPI nowadays. Don't worry!
CBDC definitely can't kill crypto, because it is just one nation, doesn't matter which nation, could be the USA, the UK, India, Greece, Germany, it never really matters. The only thing that matters is the fact that one nation could be eliminated from the current situation and there will be a lot of people who will end up with upsetting portfolios that mean nothing anymore, or move towards p2p to make it work.

However, if we end up with something that is a bit more precious, then we could end up with a good return in the long run. So, the best thing to do would be to actually end up with a good alternative ready before any of this happens.
3029  Economy / Speculation / Re: It goes same way people never learn btc 30k on: June 08, 2022, 06:01:22 PM
November when the price of Bitcoin reaches nearly $ 70k, I'm sure I will not drop it anymore below $ 50k, but this is what happens, once again this proves that we must be realistic, better selling immediately when we have gotten a big profit, and who have not yet started Then the price of $ 30k is a very good start to get a big profit.
Why would you think that it would never reach under 50k? We know that the high prices do happen, but then we need to learn that the low ones happen at times as well. That may not be at all times, but it does happen here and there. So when the crash happened, of course it dropped under 50k, not only that but dropped under 30k as well.

This is the price you need to buy in order to profit when the next high happens. Maybe not all people will do it, but I guarantee you that all the people who will become rich during the next bull run, will be the people who ended up buying right now. Because it may fall like crazy, but it goes up like crazy as well.
3030  Economy / Speculation / Re: Bitcoin price with a 4 year cycle? on: June 08, 2022, 03:46:59 PM
I voted yes, why not.  Smiley

Halving is a very relevant event for Bitcoin because it is huge!
It's a demonstration of Bitcoin's scarcity, going down every 4 years.
And every 4 years, inflation is halved.

It's a question how much Bitcoin will rise but a rising Bitcoin price is very likely.  Smiley
We have experienced that for over 10 years now so how many Halving had passed and all give us beneficial market so why doubt this to happen once again?
and besides this trend is our Only hope specially for those Long Term Holder that making money for quite some time lol .

Bitcoin to the moon in 2025  Grin
If you are a long-term holder, trend is not your only hope. So let’s look at the 4 year cycle, would you take 2021 as the year we went up? Because in 2019 we started with 3.5k and reached 14k and ended up with 7k, or the year of 2020 started with 7k, reached over 20k just that year, started the next year at nearly 30k levels, that should tell you something, 2021 on the other hand started around there and peaked at 68k but ended not so greatly at all.

So which year is the cycle? Let’s assume 2021 and 68k as the peak, why shouldn't we have it on 2022? Or 2023? That would break the cycle, but still help the people who hold it long term anyway.
3031  Bitcoin / Bitcoin Discussion / Re: Bitcoin price and actions to raise it on: June 08, 2022, 02:32:21 PM
I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.
Honestly, it is already quite good and going up, we do not even need new people neither, just the people we have right now and their money would be enough. Like for example if you focus on just the fact that crypto is something that would be less and less available because people will buy and hold, and the remainder of bitcoin will be traded between traders, the price will eventually go up with that idea.

And this is literally zero new money going into bitcoin and still rising if you wait long enough, this is getting faster whenever new money goes into bitcoin as well and that is why I believe that it is quite a good important deal for everyone to realize bitcoin will always go up in the long run.
3032  Economy / Trading Discussion / Re: TA or FA which is a better choice for market speculation. on: June 07, 2022, 09:44:52 PM
Just test both and you would find out which one will really be effective.It all matters on how you do use and make decision through it.
Yeah, that's better.

If you know how to FA and TA, you'll have references if you're always checking the market. And the outcome of your own analyses with these strategies will give you an idea of what could happen next.

But you will still be the one to decide your own trading fate and decisions because not all the time, they're correct. Sometimes, the market, doesn't go along with any of the both.
Basically if you had one chance to be whoever you want, would you like to say "I want to be an NBA player" or would you say "I want to be the best NBA player ever"? You would say best, but some people would forget to add that part in. Sure FA and TA will not guarantee you any profit at all, but at least it would be better to trade when you know both of them, compared to not knowing either and still ending up trading, but this time being blind while doing it.

So, it is clear to me that everyone should be investing some time into learning more about charts, indicators, TA in general, FA, spend hours on researches, checking the markets, reading the charts, maybe won't give you profit, but gives you a higher chance to profit.
3033  Economy / Trading Discussion / Re: Which crypto will going to explore after this bearish market ends? on: June 07, 2022, 08:06:19 PM
Which cryptocurrency is the best to invest in right now and will explode following the bear market?
Explore? Or you mean to say explode? If it is well obviously it will because on this market there is only two cycles, one is bear and one is bull. After the bear is bull and after the bull is a bear. The best to invest is obviously bitcoin but other top coins can work great too. The only problem for now is we don't know if how long will this bear last or when will it end.

I know you and many others are already itching to for the bull as the bull is the only way to turn those cryptos into a real cash, lots of it. For now better if you will calm your t!ts because the more you are excited the more you will feel bad as the more the market will tease you and won't let your desires come true.
I believe that the question is which one has the better chance. Like I believe ETH has a huge chance to blow up, because I believe that during the next bull run, we are going to not just have some smart bull run helping everything to go up a lot, but we are going to have ETH 2.0 by that time as well which would increase the chances of making a ton of money as well.

This is not really a bad thing, it just means that we are going to end up with a great result for ETH because it will have 2 reasons to go up, versus most of the market which will have one, the bull run. So, I believe that personally ETH is the best thing we could invest right now.
3034  Bitcoin / Bitcoin Discussion / Re: Is BTC really safe from being hijacked? on: June 07, 2022, 10:06:55 AM
If you are a really an old hodler then you already answered your own question. How can you safely got this far if btc isn't safe from being hijacked? Because, if it did then it was being hijacked long time ago. They have a better chance doing it since the network that time is much weaker and the prices are less expensive than compared to today yet they still didn't do it. That simply means that btc is truly strong and cant be hijacked.

What the governments are only doing is they create their own kind of bitcoin/crypto which is centralized that they can fully control but no one is going to buy that. There is only one literal hijack that can happen you, that is if when you are not careful on securing your bitcoins.
I agree, there are too many people who are constantly afraid that they would not have the thing they are looking for and they keep fearing that one day they are going to end up losing it all. That anxiety over something that did not happen yet, is a psychological problem. I personally feel like talking to a professional would help.

If bitcoin came all this way without any problems, then why would it start to have any problems in the future suddenly? Of course it won't, but there will be some people who will always be afraid of this, they will always think that out of nowhere, suddenly the bitcoin price could crash because of some problems.
3035  Alternate cryptocurrencies / Altcoin Discussion / Re: More SOL outages = Price dump on: June 07, 2022, 08:42:46 AM
Don't be falled into the word of decentralization. I don't why people keep beliving if this will be pumping so hard. Over rated blockchain like this shall worth around a few billions USD. VC shit was buying for the speculation. BNB was the best alternative smartcontract blockchain right now. You will never see the outages to happen with binance smartchain unlike this blockchain. People are so dumb by still buying this shit. They forgot if there are still legit blockchain remaining in the market like DOT and AVAX.
This blockchain may go down again soon. eh people can still sending fund in the offline blockchain lol.
Ehh, it is basically "you are your own" thing at this point. It has been obvious for a while and if anyone is still doing the same thing and still investing into SOL then it is a bit on them as well.

So, I really do not think that it should matter that much. Don't get me wrong I am not saying that they shouldn't do anything, all I am saying is that SOL and how it is operated is obvious and if you are still investing into it then why should we feel pity when it is crashed and burned? When the day comes, what will happen to SOL is the same thing that happened to Luna, maybe not an outside attack, but a big crash for sure and that day we will just say "told you so" and move on.
3036  Economy / Economics / Re: Decentralized control of Cryptocurrencies on: June 07, 2022, 07:46:27 AM
You do realise you just explained difference between centralised and decentralised monetary system? I’m not sure what’s the point here but yes that was the very much vision of satoshi and that’s what he already achieved through a decades timeline. Believe it or not we already have one way or other to use bitcoin as decentralised monetary system no matter how many rules and regulations are imposed throughout our country. There is decentralised exchangers or p2p platforms which would give you liberty from even centralised exchangers.
Decentralized needs to be reminded again these days because there are so many people who are investing their money into centralized projects. Projects where the team actually has a chance to keep on controlling the network.

One of the most famous ones has been XRP, because there is a company called Ripple that basically controls it for good, and that should scare people enough that they should have never invested into it. And that is an old one, we are talking about brand new things where people ended up doing some investments based on the centralized projects that ruins people. So just stay away from centralized ones, and go with satoshi's decentralization.
3037  Bitcoin / Bitcoin Discussion / Re: US energy company opens mining facility in Middle East to use stranded natural.. on: June 06, 2022, 10:23:36 PM
I remember reading that Musk and Dorsey were planning green bitcoin mining together. Also, Tesla was supposed to start accepting bitcoin again when it starts using 50% clean energy so that would play into the narrative. They mine green bitcoin and accept bitcoin for their cars again.
Elon Musk is a clawn, how is Tesla so important that he did not want to accept bitcoin, bitcoin did not depend on a single person or a single country. Tesla do not have to accept bitcoin after Elon Musk propaganda to accept doge.
I believe that Elon is doing something that would be good in this situation though. He is definitely a clown there is no denying that but we should not just ignore all the good he might do just because he is not a good person. If he could do some solar panel type of stuff which he is known for, he could definitely end up doing something much better with it because it would be green and he would be able to not spend any money at all.

This would be profiting you a lot and it would end up with a great business for him. Obviously he would need to work towards getting too many machines, because he has the solar power but he doesn't have the asic miners.
3038  Bitcoin / Bitcoin Discussion / Re: Fed rate hike during 2022 and bitcoin on: June 06, 2022, 09:08:16 PM
if they want to really stop inflation, they must not print money anymore.
If that was an option, someone would have tried it by now.  Continual printing of money in a debt-based system is one of those baked-in requirements.  If they don't print more, the whole thing collapses.

The Debt Monster is insatiable.  It must be appeased. 
It was an option, it was a clear option. When a corporation starts making x10 profit, whereas people are dying, then you know what you should be doing, not print more money. During the pandemic places like tesla, amazon, microsoft etc etc all made so much money, just give them a pdenmix tax, anyone who makes over a billion dollars profit would have to pay 90% of that as a tax, just for 2 years, and that would be the end of it.

You could have gotten nearly a trillion dollars for that, probably less but still a good amount. Then, do not do anything extra, just distribute that to anyone who was making under 50k dollars a year, and you would be actually helping everyone. But no, that would be "socialism", so why not let the poor die was the option they went with.
3039  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto bubble popping is a good thing? on: June 06, 2022, 10:53:06 AM
Bubbles popping is always a good thing no matter what the asset or asset class is. Popped bubbles create an opportunity for the new investors to get in. Why would anybody invest into a bubble knowingly? It is like throwing away money. If you are responsible with your money, you wouldn't do that. If there is a real estate bubble, it should pop. If there is a stocks bubble, it should pop. If there is a crypto bubble, that should pop too. Bubbles are unhealthy for the economy. They should pop eventually.
I agree, when things get too overhyped for their own good, the bubble pops and then it destroys all the fake ones that got attention because of the bubble, and leaves us with the ones that will do good in the future when it reappears. That way we know that we would be making a good return, and make a good profit, but at the same time we will not be destroying too much time wasted on those bad projects as well.

Bubble is basically the "purge", where we destroy the whole bad things and leave all the bad stuff behind, and look to the future with only bright eyes. If we can survive this, which we all know we will, then we will recover to be much better.
3040  Alternate cryptocurrencies / Altcoin Discussion / Re: Bear Market Can Be A Waste Of Time or Useful Depending on How We Approach It on: June 05, 2022, 09:55:40 PM
Projects don’t exactly fail in the bear market they just get devalued as compare to their launching value. This is very common and investors also get scared and start converting their assets into stable coins or fiat sometimes. The problem is this causes even stronger panic into projects because coins are liquidated at alarming rate. The whole process is chaotic and could really make project go into dormant stages. This makes project struggle a lot before it can reach to the highest level one more time.
I believe that there are some that fail, not just go down or anything but literally fail. Sure, many coins usually do not fail and only go down and that is understandable but at the same time and that means we are not going to see zero fails, we are going to see some that will go down so much and will not recover when the bull period comes.

This is usually a situation where those horrible coins end up doing absolutely nothing at all, and that means we are going to end up seeing plenty of projects that will fail because they provided nothing and they did nothing. Crypto is a hyped place where a project doing nothing means terrible things for its future.
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