Traders like me has wondered the next move for bitcoin. Ever since the dump that happened few days ago, it's been almost stagnant at $63k.
What does your technical analyst say about it?
We've been hovering on levels 60-65k and there might be some chances for some breaking that 70k price resistance which could happen on this year or into the next.No one knows and we do need up some catalyst for it to be possible but we know that this market could move out without any attached sentiments that do happen and everything is happening behind the curtains. Dumps? Typical corrections do happen and its up to someone on whats their take on that whether they do make out some buying position or would wait up or wouldnt do anything at all.
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But still, not all people are like Tyson, many differ very little from animals and, as you know, they love aggression, dominance over someone, etc. This is the dark side of human nature, but it cannot be denied. Yes, most likely, having come to the heights in most athletes, only adequate motives remain (the desire for money, prosperity, positive), but who knows what they were when they started their journey.
Do you think that Mike is still as aggressive as he was 20-30 years ago? Back in past he was hungry for fighting, victories, got all that testosterone from pumping iron and taking medicine. I dont think that he can go so much in a fight, that in a fit of aggression can bike Logans ear ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) As you've mentioned "dark side of human nature". Dont you think that comes from eating meat? I am not a scientist, but wont eating meat (specially raw) turn human into primal? I dont want to turn this into a heavy off-topic, but Mike is being vegan for ages already ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) So you say that Logans power is now more superior or much compared with Tyson at the moment? I dont see the same thing too but you could also be right. He might not be that aggressive compared into this prime days but doesnt mean that he wont able to take down Logan. Well, there would really be some script that there should be no serious injuries on this one which means power punches wont really be that in full scale.
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There is no such thing as parabolic rise? Have you ever met any crypto in your life? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) . All jokes aside this is a parabolic rise, it moved from nearly 29k to close to 68k at the top, THAT is a parabolic rise. Sure it took a while maybe compared to crypto increases, but it was simply just 2 months, literally just 2 months. We should be very hopeful about the future of crypto. <<>> As it's a parabolic rise, I fear that we may witness another drop in the value of btc before it gets charged again. But that fear is for those who will get liquidated in futures, I will maximize my btc holdings if it shoots itself downwards. I don't think of a collapse but a pullback is absolutely possible and necessary too because even in a parabolic run, btc can't go up and up only, may come down again but slowly. Drop? It wont be called a market if we dont have those drops and corrections because we cant really just see a condition on where we do have some continous price increase thats why you should really anticipate for those probabilties to happen. For now we are hovering in 64k price point and i do believe that it would stay up for a while on these levels before we do able to break that 70k price level. As a trader or investor then you should know on how to utilize these movement for your benefit.
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It seems to me that it would be safer (and more convenient) to keep your crypto on an exchange (coinbase, blockfi etc) than cold wallet. Wouldn't the odds be greater that you mess up your cold storage than a large exchange being hacked or whatever (even if they are hacked, that wouldn't necessarily mean you would lose any coins, whereas if you are hacked that's a different story). I ordered a ledger nano X but it seems that the exchanges are still the way to go based on probabilities. What are your thoughts?
Well, the only reason you shouldn't keep your money into exchanges wallet are not just solely from hacking. There are some other factors that people recommends to prevent using exchanges for storing money such as downtime(that you can't access the website on certain time), fixed fees from the exchanges and etc. I would rather store my small amount of money on the wallet that I can fully access than relying on third party to store my money even you think they are "well-known" to the community. It feels weird to store your money on third party that could steal your money anytime! We have the same thoughts on this because if it is in your wallet, you have the full control. But if it is in the exchange, what if suddenly there's maintenance going on, and you need to pull out your funds for emergency purposes, you can't. But if in case, you will store a lil bit of your funds in exchange, better store it in exchange with insurance like binance. Owners are paranoid in nature, whether they are holding big or small amount, as they worry about the security of their funds. We are indeed seeing it as a hassle thing whenever you dont able to pull out your funds because it is stuck on an exchange which it is normal that you would really be worrying once you do have funds on a certain platform. The good thing that you do own the key of a certain wallet is indeed you do have the full control and access to it without needing any permission or something like that.
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Banks will die crypto will take over in 5-10 years
Why ? They are starting to ask to many personal questions and monitoring people like they are criminals / terrorists etc ...even if they are not ... Govs want to much control on people...the world is becoming very strange and it all started with 9/11 attacks ... to many coincidences
Even banks are not showing interest in cryptocurrency. I don’t really think banks are going to die off just like that, there will also be people who are still interested in making use of banks, maybe people who find it very difficult to navigate through the use of crypto currency. But, for those of us who would be able to manage their finances by themselves, it wouldn't be bad if we do that by choosing crypto. It is all about choice, if you think it would be best for you to put all your money in cryptocurrency and you’re ready to take the risk, then you can go ahead and do that. But if you still look at things the other way round, you would see that in a way you still need the services of banks in some areas, why cryptocurrency especially Bitcoin continues to play its own part in the areas that it would fit in best. Dont know on why some people do really think off for banks to cease to exist and been completely replaced by decentralized fiat? Havent they realized on what are the things we are really that benefiting out of these centralized aspect or thing? Im not against with decentralization but we should accept the fact that current system we are taking and been using through ages does really give out that convenience. Why not thinking off on having both on upcoming or near future? The more the better right?
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Honestly not a Sky Vegas user, therefore I don't really know what's going on. When I skimmed the news I was of the opinion that not all casinos would deal with these kinds of things with gamblers. An addiction that continues to be felt even though it has stopped. But the casino contacted him via email. A strategy to keep gamblers from leaving the casino just like that until they have spent all their money. Usually there is a feature to Unsubscribe.
The issue on here is that a certain user had already opted out or did unsubscribe but still the casino did make or sent out those promotional emails which i could say that they had definitely had some mistakes on here because not all would really be that fine on poking up again their gambling addiction once they had able to see it once again after they had stopped out on a certain period of time but honestly we cant really give all the blame into the casino because there are things which that certain person could also have his mistakes on.
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Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.
It all goes back to one's knowledge and skills because these two things play an important role in trading, in crypto the risk will always be there so it's not that easy to make a profit, trading in crypto is very complex so it takes more effort Trading has its own high risk so if a trader cannot manage the risk, of course he will be prone to losing his money. So trading really is not just making profits all the time, its also capable of losing our funds. If you find it hard that you'll gonna lose money in trading, then simply don't trade but hold only. In this way, you will never lose your funds, unless you start panic selling because the market is gradually experiencing more dips rather than seeing your coins reaching high value. Very wrong belief into those people whom do really sees that trading do make out profits on assured manner which is really a very wrong belief or mindset to have because thats not how it works. Trading does need effort and time spent for you to have a good grasp on it and of course it would really be needing that engagement and perseverance because this is an unpredictable market. There's no way you could able to handle it out on just few tries.Even pros or veterans do still lose money no matter how good their analysis is.
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I also notice that Gas fee of Binance Smart Chain is gradually increasing. The gas fee that used to be in a transaction is now double. Also Binance Smart Chain network is now saturated. This is probably why many projects are now being launched on the polygon network.
Because binance value is really increasing and will go Up High sooner, there is similar situation in Ethereum recently when the Gas fee really increased as almost the same in Bitcoin transaction fee. so yes BNB may experience losses of users as we are all concern in Fees when transacting . One of the most common problem on where we do face on whenever a certain coin did really make out some popularity or famous on where transactions cant really be handled out or simply with scability problem of a certain coin which do really sucks. We dont know if BNB would have some specific solution for this problem or would have some fork or something like that to resolve current fee issues or just simply wait for the network traffic to subside. For now it would be just wise on not to make out unneccessary transactions specially now that fees is quite high.
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If you have enough knowledge about the market, charts, and Technical Analysis, then trading can give you more profit than investment. Because Investment took time to give high profit. And this also depend on the coin in which you are investing.
Why would need to choose if you could have both? Invest while you are doing active trading.So its up to you on how to handle both situations because you could really take advantage when it comes on making money which isnt really limited on one source which is actually good and you could really take advantage if you do know on how to do both as long your money or financial permits you because having both does require capital of course but if you are only just limited on one then i would choose up investing if you arent really that too technical or does like lots of work.
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For the promotion, again a full one month could have been enough for this fight. And the one handling this fight have many experience in promoting a fight so I don't think this will be a problem.
Donaire's fight is not hard to promote, but this fight is between both Filipinos and I think they'll get little audience compared to Donaire fighting another race like Mexicans or Americans, but still I'm hopeful the promoters will be able to make it a profitable fight. This is somewhat true if we do talk about on potential selling off the fight and since both are having the same nationality then expect it would less compared if there would really be difference in between the two. If the arrangement would be like that then so be it and they are the ones who do set out and arrange those fights on the first place and not from the boxer decision itself. Normal for them to stick on neither on revenue reasons or just following the system. For sure this would be entertaining knowing that Filipinos are really skilled and good in terms on the boxing of sports.
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When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
Experienced investors/traders would really see this way on which they would really be seeing this as an opportunity to buy cheap because market could eventually make out recovery later on. Making money on bearish market is still plausible specially to those who do scalp or make out short trades and to those who do buyback when its cheap and wait for the right time on selling on a certain point. DCA or accumulation on cheap price is a common way but its not simple as it sounds yet you would really be that in doubt in doing such action.
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This is a heartwarming news to me personally. I'm tired of saying for years here and there that Gold is a highly overestimated asset. I kinda think that gold is not really replaceable atleast not in this century. If we compare the number of people that finally adopt bitcoin and those that are still saving their cash in form of gold, the number of those still believing in gold are still quite high Even if some big names such as Elon, Tim Cook and some other finally started to use / own bitcoin or cryptocurrency, they actually do have alot more asset saved in gold or bonds. Cryptocurrencies for now is nothing more than speculative asset so as long as it remains as speculative asset, alot more people will keep on sticking with gold Why people do really find out the probability of replacing gold on upcoming years to come by bitcoin or crypto? Havent they realized on how long gold had been existing for how many millenias? It isnt really just something that could be replaced in terms of its value by some code being created by man.Im not saying its shit but why we cant just mind off that both could exist on the same time? There might be some comparison in terms of value but to think that both are entirely different things.
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depend how government think, like if they wont take any complicated stuff, just make regulation that dont make it hard for user and system. still work under crypto hand, though they have regulation, just to ensure the game. there are country implement regulation and thats good for them, and its not steep as it thought. but sometime regulation make it limit for move, and people still have the other way to maximize their move
Wont believe that they would really be having that complicated kind of reasoning and would rather believe that they do go something on minding about decentralization. This had been always the main issue on why government doesnt really like crypto in the first place.This isnt something that you could easily control and you know that government doesnt really like that. Regulations is inevitable into those platforms who do deal up with crypto but talking it directly then it cant really be possible.
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There was a report that there was a no knockout clause on Jake Paul's fight this was the allegation of Claressa Shields but it was denied by Woodley's manager. I'm glad that there was none like that because Tommy Fury will have his hands locked if he is not allowed to knock out Paul, Jake Paul is in big trouble he is facing a real boxer, who knows how to knock out, he is going too far face people who think he can beat, there has to be an end to this Jake Paul show and Tommy could be the opponent that can end his show.
Someone needs to sacrifice the money he could get to fight like a real boxer to knockout this crook out of his imagination. He thinks that he is someone like a pro boxer who has worked hard to become champion when he was only fighting opponents that he has paid some huge cash. I wonder how much does he make from his youtube channel to host such boring event in the name of entertainment when no one really entertained on what they are doing. We can't say that no one has been entertain on the show they are doing since in the first place many people still feel curious about how this shit show may end up, although its undeniable that this might be a boring fight since we cannot expect to see an intense fight from them but still the essence on how possibly Jake Paul could knock off his opponent will make the spectator curious to know about this fight. They wouldnt really making these fights on possible if they arent really making profits or revenue which simply means that no matter how some people do see this as a shit show but there are still people who are really interested to look at. Money generation of these exhibition fights are still considerable rather than have nothing at all or just waiting up for those official ones. Curiosity and interest would really be there because these are fighters which you cant really see on this line up of career.
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This topic have taken the center stage of my thought we have seen how countries around the world are gradually opening the economy to adopt bitcoin and as a result a lot of government policies are already underway to develop a framework that allow regulation of the bitcoin ecosystem which have made me to wonder on this topic. Can a decentralized currency like bitcoin ever get regulated?
I think government will regulate like legalization about exchange or any other which is about permission. But for ownership or how people access bitcoin sites, i think government can do that because people will have other ways to save their coins or maybe access sites that related with crypto. I hope in my country there are no regulation for crypto because people will forced to pay tax about crypto and honestly i don't want it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They could only regulate people or users on exchange accounts or any services or platforms that do offer or in relation with crypto but talking it directly handling it out then its impossible and thats what government is trying to do but still failed even up to these years. We dont need regulation actually but for some point on which we do need some full scale adoption then we would really be touching up this part.
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As for me, you need to be more responsible with this. When I was evaluating the options for starting trading, I thought for a long time which one to choose. So far, I think the best choice is a broker from Amarkets. strange that you have posted this site when it is unnecessary, are you part of this site's team? this cryptocurrency market already has reliable and well-established exchanges in the market and I think people should use these exchanges as binance and should not use new exchanges without much reputation for years, well at least if they use they shouldn't put much money Basing up on the name alone then you could really tell that this might be already a forex or stocks broker i suppose (correct me if im wrong) and same as you said that there are lots of top rated and popular exchange we do have on this market rather than on trying out on other platforms which arent really that known and its understandable that we should stick into that.Be sensible on where you do start because dealing with legit platform is the first thing you shoud do.
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Dont be surprised and they would continue to pop out just like mushrooms and thats why i dont really pay attention on any similar sites that do announce on being a review or guide site because it would really just spam out their referral links.
Somehow there are some which are worth to read or actually that have relevance when it comes to guides and suggestion but only 1% of them would really be having that kind of quality and the rest are pure shit.
Agreed. I especially hate those that try to sweet talk you into joining, then ghosting after you've done so. At least GamblingBro (he reviews casinos and post them on their respective threads) is one of the 1% here. That guy's brutally honest. Few of the review sites indeed i do trust the most. https://www.btcgosu.com/https://gamblingbro.com/and the rest are utter shit.They do just post up their site and introduce but isnt something delivering on what we they are promising. Honest and real review my ass.
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Do you agree news like this have a positive impact or are they indifferent in your opinion?
This is the angle that I'm considering. If such amount of money be pumped into buying cryptocurrency that is huge and it will push more liquity, pricing is going to appreciate. This is a positive news that make hodlers that understand the market to buy more in expectation of increase. Anything that do talks about recognition or adoption towards Bitcoin then its always been a good news as long there would be some recognitions out of those investors even on what part or industry they do came from then having this additional would always been good. Pension fund invested? Quite risky but they do know on what they are doing because they cant really just make such decision without looking those risk. They wont really be that dumb on making such action without looking into those probable situations that they may facing on.
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After I researched it seems that bitcoin and altcoins will not be able to replace real currencies. Cryptocurrencies can only be used as counterparts to real currencies. We can use cryptocurrencies and real money both as a means of payment but cryptocurrencies cannot be used in all countries and only a few trading places accept cryptocurrencies as a means of payment. In general, people prefer real money as a means of payment because real currency prices are more stable than cryptocurrencies.
As it should be because it was created solely to be having that revolutionary peer to peer transaction without 3rd party intervention and it was never intended to replace up main fiat currency and even if they do intend to try then it cant really be possible because government itself wont really be that allowing for this thing to happen.Decentralization is something revolutionary but its totally opposing on what government do really like which simply shows up on that its really impossible for it to happen no matter what.It could be an option though according to personal preference which is great.
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We see these kind of threads every so often. They just want visitors and clicks with hopes for referral conversion. Good casinos or not, they won't bother.
Dont be surprised and they would continue to pop out just like mushrooms and thats why i dont really pay attention on any similar sites that do announce on being a review or guide site because it would really just spam out their referral links. Somehow there are some which are worth to read or actually that have relevance when it comes to guides and suggestion but only 1% of them would really be having that kind of quality and the rest are pure shit.
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