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3241  Economy / Economics / Re: Are we really heading towards hyperinflation or towards deflation? on: July 30, 2021, 07:02:07 AM
He's betting the crowd because of credit? Well, if that's been the case then the inflation should have been slowed down for so long. But it's a fact that each country has to go through, inflation.

As for Japan, there is no doubt that they are one of the best economics and that's why they've defeated inflation and slowed it down. But that doesn't mean that they won't have that little percentage in the next years.
3242  Bitcoin / Bitcoin Discussion / Re: Bye Bye Bitcoin on: July 30, 2021, 02:01:16 AM
Just a typical opinion that has always been common to those people that can't accept the fact that cryptos got enormous value and are in market cap.

They probably have missed a lot and instead of joining the crypto bandwagon, they've chosen to stay where they are and cannot move on with what the market is showing them.
3243  Other / Archival / Re: Binance Dramatically Reduces Daily Withdrawal Limits on: July 29, 2021, 11:56:18 PM
That's a bad move but I think there is a connection from what Binance is going to add as a feature within the unknown period of time. They're making the connection for most regions and this might be the bold step that they see for themselves for the compliance for each of those regions that might ask them.

But as someone who uses them and don't like to get into KYC, the reduction for the daily withdrawal isn't looking good especially if you're a huge trader and earns more than that or if you've held that for a long time and want to withdraw with exact amount.

And to the small traders, this is an adaptable change and nothing to worry about if you're just withdrawing daily within the reduced limit.
3244  Economy / Economics / Re: What event could trigger new bull run and ATHs? on: July 29, 2021, 10:51:11 PM
I've looked at the date when OP has made this thread and no one replied for that year what will trigger the next bull run. And here we go, looks like some of his question did came into reality but with a bit of modification.

Like about Tesla and Amazon, these two were the reasons why we're up a bit lately but eventually the rumor about Amazon was also verified that it wasn't true.

And with his first question about a single billionaire, I guess that it could be portray by Elon Musk.
3245  Economy / Speculation / Re: Are you bullish or bearish this year? on: July 29, 2021, 09:57:39 PM
Still bullish, whether we see a huge drop from its ATH we don't have to think bearish as we've been far already within less than a year. The market have shown lately a bullish sign.

The end of the year is what we're waiting for and if most of the predictions that have been said that it shall have a good ending, it won't stop people to think about bitcoin being bullish.
3246  Bitcoin / Bitcoin Discussion / Re: If not invested then do it now... on: July 29, 2021, 06:03:30 PM
People just have to invest at their free time and when they have money. Even if as much as we want to voice that they should buy while it's not too late.

We don't know if they have a good situation right now since the trying times is happening. But as long as you've done your part of reminding that they should invest while they can before it's too late, you've done your share already.
Doesnt matter if you shared or not because everyone would able to act out if they are really able to do so since this would really be needing some capital which we know that not all would really be having.
Somehow letting others know about the opportunity is something showing off some care but at least those advices would really be considerable or a bit realistic. Investment timing is something
that you cant just dive in without any basis.Therefore,decisions will really vary into each person because not all would really be having the same
situations in life.
Like the usual quote we see, 'sharing is caring'. But yes, it doesn't matter if you care to share.

It's just becoming a reminder when you've shared it to others that they have to invest while they can and it's very typical to have a capital. We're investors and anyone who desires to hold bitcoin has to invest and buy with the use of their capitals.
3247  Economy / Economics / Re: Bitcoin doesn't care about Tesla and Amazon on: July 29, 2021, 04:58:11 PM
It is true, those news might affect bitcoin's price temporarily but in the long run there's no need to care about those news even if they like or dislike bitcoin but we're more for the likes and positive news about bitcoin with these companies.

As it gives the idea and trust to the people who are not yet aware or still in doubt about bitcoin. They have a broad and massive customers that are trusting those brands so it's a good help if these companies are for bitcoin.
3248  Economy / Service Discussion / Re: Best Staking Platform on: July 29, 2021, 10:11:47 AM
I've taken a look at the rates of different platforms.

Nexo.io's rate is 6% APY if you'll choose the "earn in kind" payment while 8% if you'll choose to earn in nexo.
https://nexo.io/earn-crypto

Blockfi has 3 tiers, the higher the tier, the lower the rate. Let's assume you'll invest in the tier 1, 0 - 0.25 btc and that's 4%. The highest interest for all tiers.
https://blockfi.com/rates/

While for Abra, it's 3.6% APY.
https://www.abra.com/earn-interest-on-crypto/

For Celcius, 2 tiers too.
0-1 btc that makes 6.20% APY
1 btc and up makes 3.51% APY.
https://celsius.network/earn-rewards-on-your-crypto

Which do you think is reasonable to you? well, to me, I'll choose not any of those and would be happy to keep it on HODL.
3249  Economy / Speculation / Re: Who's been buying recently? on: July 28, 2021, 11:22:09 PM
Both whales and small investors like us. When there is a good news, everone rushes to buy before the sell off comes and that good news was due to Elon Musk's stand about mining and the most recent about Amazon.

But the latter was denied by Amazon itself and then the market has shown a quick dump but again, it has crossed $40k and this might be the natural bounce.
3250  Economy / Gambling discussion / Re: Tokyo 2020 Men's Olympics Basketball Tournament on: July 28, 2021, 10:30:58 PM
Anyone here thinks that Slovenia has a chance to win the gold medal?
To answer your question... I'll be honest, being champions I don't know, but I strongly believe that they have a chance of getting a medal (probably bronze).
Slovenia is an excellent team, Luka Dondic carried the team on his back against Argentina (48 points, 6-14 - 3 points), let's see if Luka will continue with that same performance! I will follow the next games.
Maybe.

But the chance is more with the usual teams like USA. There's a tiny chance that they may have it but we'll get to see that until the final round is set.

Right now, they're doing good at their group but we'll still about to see which team is going to be at the final.
3251  Bitcoin / Bitcoin Discussion / Re: If not invested then do it now... on: July 28, 2021, 09:42:41 PM
People just have to invest at their free time and when they have money. Even if as much as we want to voice that they should buy while it's not too late.

We don't know if they have a good situation right now since the trying times is happening. But as long as you've done your part of reminding that they should invest while they can before it's too late, you've done your share already.
3252  Alternate cryptocurrencies / Altcoin Discussion / Re: Airdrops of Binance NFT ? on: July 27, 2021, 11:42:51 PM
To get a reliable news on binance NFT, check the forum itself for the updates
Not every update of Binance's NFT listing is in the forum. That's why it's better to check the update through Binance's website and you'll get to see most of those updates there.

However, the OP does not have anything that promotes the coins Binance NFT and does not provide a reliable link as well. Presently, Binance had stopped promoting NFTS for few weeks now and it does give any glimpse of the plan of the team on NFTs  this year
That's better that he hasn't provided any link as long as he's only pointing out to the official website of Binance. We can all do that and search easily through their NFT market.
3253  Economy / Gambling discussion / Re: Should online gambling companies be responsible for harm related activities? on: July 27, 2021, 08:06:57 PM
There is no way an online casino can be held responsible for a person choice of action. People are different and weird, and you can't expect gamblers to be that rational.
I reckon.

But people who cannot accept their lose will look for a way to blame the casino for the "harm" that the casino they get in which in the first place, they are the ones who freely and willingly choose to gamble.

It would be an impossible task if not an unnecessary burden to have these gambling platforms keep their customers in check, at the end of the day, all they care about is their business and not the state of mind the other person on the other side of the screen feels.
Yup, it's all about business and good for those casinos that are giving that treatment to their players but not all of them are giving that care.
3254  Bitcoin / Bitcoin Discussion / Re: Amazon is looking to accept Bitcoin payments by the end of the year on: July 27, 2021, 07:03:53 PM

Apparently, the news that Amazon will accept Bitcoin payments "by the end of the year" turned out to be fake. I just looked at the Cityam where this rumor was posted. The website does not look trustworthy. It even uses a free SSL certificate that will expire in two weeks.

In any case, as they say, there is no smoke without a fire. Perhaps Amazon is preparing to enter the cryptocurrency market in 2022, but representatives do not want to publish reports of their intentions too early.
Let's just lean on that possibility despite the denial that they've made about cityam's article. The article have overwhelmed the market but we're having the same feeling that Amazon is going to be here soon.

It's only a matter of time until they're the ones that will announce it publicly that they're already accepting bitcoin payments. But for now, there's not that much expectation anymore about this clarification.
3255  Economy / Economics / Re: Bullish: 'Vast Majority' of Institutions Will Own Crypto by 2026: Fidelity on: July 27, 2021, 06:11:16 PM
Why don't they buy now though?
They're still trying to understand the risk that it bears upon buying and they're calculating if it's going to be early and then the plummet comes, they're already into loss. Everyone of them knows that the market just went on high.

And these are institutional investors know when to get in, they've been into investing and there's for sure a reason why they don't get in for now. I guess 2026 was a reasonable year to expect many of them getting in.
3256  Bitcoin / Bitcoin Discussion / Re: Bitcoin losing its importance on: July 26, 2021, 11:37:53 PM
Just because Elon has said favorably something about bitcoin again that Tesla might reconsider accepting bitcoin again, bitcoin isn't losing its importance. Actually, it's his right whether he say something positive or bad against bitcoin.

We just don't like him anymore based from what he has said. But I've realized that any company is free to express their acceptance or not towards bitcoin payments.
Expertise users have given clear description on the market scenario. Particularly it is clearly stated about the growth that has begun even before the conversation from Elon Musk. I agree on it, but is there anyone to say the ongoing growth hasn't got a small influence from Elon Musk conversation.

I believe it has got influenced by the statement. The positive impact is really enjoyable, but if he had given a negative thought about bitcoin will we be seeing the market to be bullish at present Huh

It is true everyone got a freedom to express their thoughts, and when someone's thoughts are making wild disturbance it means the particular asset is under his/her control to certain extent. This is the only reason Why I mentioned bitcoin losing its importance. From expertise view it is different and my way of thinking has differed from by them in some way.
It has the influence from these known people but the importance of bitcoin isn't depending on them, their words or any of their curse to the market.

Well, we have different point of view on this matter and the only thing that we can agree upon is that the influence that these people are giving to bitcoin is undeniable. But I hope that someday that it will come and there won't be any of its dependency from their words anymore.
3257  Bitcoin / Bitcoin Discussion / Re: Amazon is looking to accept Bitcoin payments by the end of the year on: July 26, 2021, 10:31:47 PM
There's a flash report that Amazon denied the rumors that they're going to accept bitcoin payments at the end of this year. Well, that escalated so quick and never expected that they'll deny it. But that's better than to hope for a false rumor.

News: Amazon Allegedly Denies Bitcoin Acceptance Rumors
3258  Economy / Gambling discussion / Re: Anything like excess gambling on: July 26, 2021, 09:31:45 PM
That's another level of discipline if you ask me regarding the way that people controls their habit of gambling even though it's designed to be addicting. In my opinion, being excessive with gambling is obviously a bad thing but there are ways to prevent this kind of thing from happening.
It is not a good thing when you gamble with more than what you afford.

People who cannot monitor how much they spend, they have to discipline themselves because it's needed for you to see how much you're putting when you gamble.

We have to be responsible because you don't have anyone to blame if that's the reason but only you.
3259  Economy / Economics / Re: Amazon's future plans on: July 26, 2021, 08:24:47 PM
If they want to expand just as big as having an exchange, we don't know if that's an official news. Well as we see, these are still rumors until validated from any of their team.

But as seen, there are some hiring that's related to blockchain on their company and that gives the clue why the news came out about their future acceptance of bitcoin.

Whilst for their native token, we cannot be sure if it will be leading to the creation of their own exchange.
3260  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: July 25, 2021, 11:46:57 PM
most of my opinion all coins depend on the increase and decrease of BTC, as long as BTC increases, almost all increases and vice versa BTC decreases, all decreases, have you noticed this?.
Yes.

That's the usual thing that the market shows as you observe it. But it's not always like that most of the time, there will be those times that you see bitcoin rises up.

And then the opposite happens for most of the altcoins and that's why alts are more prone to volatility than bitcoin. But there are also times that you see the opposite and it's the altcoins that are increasing then bitcoin goes through a short correction.
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