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3341  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does matic (polygon) worth to invest? on: January 11, 2022, 11:47:11 PM
Doge has a large community because doge is an old coin although meme coin. when doge hype it never hurts to participate in enjoying a little profit at that time. And Matic I see his performance is good so far, even Matic is resistant to the bear market, and the price not down more when bearish market. Matic promises.
There's no such thing about resistance to bear market because there are no exemptions when it comes to this one.Although it could really withstand such bear market or condition
depending on the demand of the said project.
There are lots of hidden gems if you do ask me but pointing or identifying it out wouldnt really be simple until it do make out some significant pumps
and not the hype ones but rather basing with real recognition then this is when we do consider or do take action.
3342  Economy / Trading Discussion / Re: Huge crypto scam that happened last year(2021) on: January 11, 2022, 11:11:39 PM
That Squid game token was all due to the craze and popularity of Netflix's show that was named after it. The scam about Poly, is that really a scam?
Hacks are different from scams but if that's what you think it is. You've forgotten those metaverse/nft games that have made their rug pull, too many of them to mention. There are some that include on this list aside from the Squid game token.
(https://coinculture.com/au/markets/what-are-the-biggest-rug-pulls-in-crypto-history/)
Rugpulls is already very common wayback into those old years not only basing with the current trend but also into those typical shit projects in the past and this would really be a never ending list because

scams and hacks could really happen yet this market is the best place for these things to happen yet it do involves millions of dollars if ever they would able to execute it on thats why we should really be
sensible towards our actions in terms of investment. Do your own research and be mindful on handling out risk so that you would able to avoid yourself
at all possible cost.
3343  Economy / Gambling discussion / Re: What will be the next big industry move? on: January 11, 2022, 10:12:21 PM
Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.
All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.
I could also say that this current pandemic situation did really put us up on a condition on where most people now are focused on digital world and thats what put up some emphasis on developing things which is attached

to it which i could say also that once we do go back to normal then less interest would really be putting on it once again but for now they hype and attention is really into this part which i couldnt really blame them off.

Hype and trend would die away and only potential ones or does have real use case would really remain and this is where smart investors/companies would really be that considerate.
3344  Economy / Economics / Re: Money and happiness. on: January 11, 2022, 09:10:28 PM
Money doesn't guarantee happiness although having a lot of money may make someone be happy. Not every single person in the world be happy because of money, even some of them are unhappy because they are rich people. Some people can be the target of robbers since they have much money. In this case, no one will be happy to be a target of robbers. So, I want to remind you that having much money also can be a trouble, not only to make you happy.
having a lot of money can be a target for robbery and not having money can starve a person.
when you are rich you will be the target of robbery (as you say) and when you are poor you will starve, both are equally threatening your life. then which one will you choose? In other words being rich or poor has different advantages and disadvantages, you are free to choose which one because someone's happiness is different.
actually there are still ways to avoid that difficult choice.
If you get rich you can keep most of the money you have in the bank and you can pay for a bodyguard, I think it can save you from robbery. But if you become poor you have to work hard and keep trying to earn money, and I think the money earned from that effort is enough to buy food and you will avoid starvation. who are clearly rich or poor still have to work hard, work hard to maintain wealth or work hard so as not to starve.
We do share up on the same common goal which is to survive, it is just we do have different level of intellect and profession level which it will really depend or vary on how much we could potentially earn.

To those who are on higher standards or skills will surely have some advantage over the other and this is where money making would be different and this is where it do creates rich -average - poor ones.

Deal with the reality and dont get envious with others achievement because this wont really be a good behavior to have.
3345  Economy / Gambling discussion / Re: Big Wins of 2021 ($550,000+) on: January 10, 2022, 11:43:05 PM
First of all congratulations to you man on winning such a huge amount of $550k and making a fortune out of sports betting.This is what we all as gamblers want to happen with us in reality but i don't know how much you have spent to win that big amount.But it's appreciated that you shared your bet slips with us to motivate and potray that we can also win big like yours but the wagering amount could be varied.We don't have such bet slips to show as normal wins and loss in many of them.But still happy for you and hope this year also goes well for you and all of us.

Well, it is obvious that he has managed a good bankroll. Another thing is that these are only one month's results, and with so many people betting, it could be due to pure statistical variability. I would believe that the OP has good predictive capabilities regarding soccer if the results were consistent over a year (he wouldn't have to win everything, but at least show a clear trend of bankroll growth).

Anyway, congratulations to the OP.


You wouldnt be showing off your statistics if you are on the losing side.Sometimes there are people who do really get that excited on sharing up their success specially on gambling.Just like on what you have said that

this guy had a good amount of bankroll which its understandable that in terms of wins then he would really get that big because this isnt something a usual kind of size of bet that most gamblers could ever do.

Therefore, seeing these numbers might be amazing but for him it would really be just few bucks.
3346  Bitcoin / Bitcoin Discussion / Re: Donald Trump Says Crypto Is 'Very Dangerous' ... but ... on: January 10, 2022, 10:41:34 PM
Melania Trump tweets:
https://twitter.com/MELANIATRUMP/status/1478129577402765317

It is widely reported that Bitcoin's market cap exceeds USD$1 Trillion.  Today marks the 13th anniversary of the Bitcoin Genesis Block.  Happy Anniversary, #SatoshiNakamoto #MelaniaNFT
I actually agree on this tweet.
https://twitter.com/ArtieVandelay1/status/1478129650136236035

It is getting weird and how she would make out those sentiments and greetings if he does know that his husband is totally out of interest specially with Bitcoin?

So to speak that they dont mind each others business.  Grin
Or it is their way to bring down the market so they can invest and accumulate in lower prices , Knowing Trump to be a "NOT A man of His word"  so yes this can be their strategy because they are showing a great relationship since then so i see no reason why Melania will deliver different perspective in crypto.
so maybe it is their way to make more business?
well we cannot tell but all we have now is speculation in how they really stand towards crypto .
Everything would really be speculative and we dont know on whats up into their minds even though they are showing off different perspective about crypto but i do agree that word of yours about Trump on not a being

a man of his word which means he could make out direct u-turn if he wanted to and would end up on saying that he do loves crypto just like on what his wife is been doing.

In overall i dont really mind or stressing out myself on what are those words that they've been telling over here and over there.
3347  Economy / Trading Discussion / Re: Crypto Trading Bots on: January 10, 2022, 09:40:58 PM
I will never use any trading bot. I am not sure what will do bot. What will do trading bot?  Where you need to decide when you buy and when you sale. I think stop lose and take profit is enough in trading, It’s automated so we can say it bot also  Smiley
Trading bot is for automation nothing-less and its a wrong presumption that using it wouldnt do anything good or something beneficial.It is just other peoples belief that they could really make guaranteed profits on using

them which is really a very wrong mindset to have as a trader or investor.Bots are useful specially if you are  away from your pc or couldnt able to check it out but of course you would need to set them according on

action executions that you do like and not just letting them handle into those preset strategies that had been put up.We know that there are times that bots couldnt
make out sudden decisions or actions on some cases thats why i do prefer manual trades most of the time.
3348  Economy / Gambling discussion / Re: Don't bet more than you can afford to lose. on: January 10, 2022, 08:47:04 PM
We always read the words "Don't bet more than you can afford to lose", but are we really following that safe principle in gambling?

So, I have a question here, if you are earning like $2000 a month, how much are you willing to gamble that you think you can afford to lose?
Please use the amount as a basis for your answer.

I think there are countries where $2k a month is more of an average salary, and there are places in the world where the same amount will make someone rich. The point is that the cost of living in poor countries is low, so paradoxically the poor can afford to spend more on gambling than someone who lives in a highly developed country.
Even so, I think it's best to use common sense and not to spend more than 10% of income.
I find 10% of your income a pretty high number for gambling. As you write it also depends on your expenses, so I would rather say 5-10% of your free income (after having deducted your fix expenses such as tax, rent, car, food, ... from your income) is a more reasonable number. Also do you accumulate a "betting depot" where you re-invest your wins or you see it as a one time gamble so that you can live a bit better for a month?

Of course it all depends on your current expenses. For example, if someone is in debt, it would be foolish to risk money in gambling. 10% seems okay to me when you have free funds and you like to spend your time just by having fun at an online casino.
Leisure times isnt bad as long you do have the right control of yourself in terms of spending and allocating budget then i dont see any problems but if you are a type of person which is really  that impulsive when

it comes to gambling then it wouldnt really be a good idea that you should really be dealing with it yet spending would be out of control and as long you do have the money to spent then you would really be keeping

on doing that.Use the amount which you can afford to lose and be sure that you wont really be affecting your primary needs and savings then you should be fine.
3349  Economy / Economics / Re: Bitcoin or altcoins on: January 09, 2022, 10:48:37 PM

Long term = bitcoin

Short term = altcoins

Exactly this is my thinking. Because there is nothing like bitcoin and there will not be but most of the altcoin we have is better version of another altcoin or there will be a better version of it in the future. So people will keep going to new project that gives them most of the benefits. So in altcoin most of the time money will not stay in one project for so long expect some top altcoin.

I can still remember there were some project in top 100 of CMC in 2018 but today you will not find them any more. Many of them dead or lose its hype because of its rival. So one thing i can say we should love bitcoin and trade altcoin.
But we should know that there are altcoins which is also good for long term which means you could still deal with them because if we do talk about 2x or more possible gains then we know that it could only
possible to attain via altcoins which you would really be ending up with that kind of option to take.

All matter with someones preference because we do have different takings and other factors which might different on other people specially on those capital or finance talks.

Stick on coins on which it do make out profits on you but it isnt bad to consider on other options as well.
3350  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: January 09, 2022, 10:09:48 PM

I could say that Ugas is tough and good but beating up Spence is something like a wall.

That's an overstatement but I respect your personal opinion. We can always say that an undefeated fighter is tough to beat but they also has their weakness just like when we think that Ugas could never beat Pacman as Pacman is so fast, but look what happen, it was a complete opposite, Ugas dictated the fight and clearly dominated the Filipino champ.

I think it's just the facts though, no one has beaten Spence so far so maybe that's what his comparison is, like a big wall in front of Ugas. For me, it's not about Pacman's speed in Ugas fight, we all know that Pacman is no longer in his prime and could have lost to Spence if the fight push through. It's that Ugas is the better fighter that night and he was able to negate Pacman's advantage like hand speed and angles.

Pacman beat a prime Thurman before his fight with Ugas, so you cannot say he is not anymore in his prime because he was the champion if his belt was not stripped due to inactivity since the pandemic hit the world. No excuses, Ugas were the better fighter that time so he has to prove that it was not luck winning against Pacman, so beating Spence should be his big goal.
He would really be having that mindset on which beating up those known and popular and make a name for himself or would increase out his fame and popularity by beating those strong boxers.

Beating Spence would really be a huge step up into his career and thats what makes him that dedicated or serious on beating every boxers along the way.

Spence might be the favorite but odds or chances of possible upset is there.So dont get that confident.
3351  Economy / Trading Discussion / Re: Stop or continue trading on: January 09, 2022, 09:50:24 PM
I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Trading is not an easy crypto job. It needs knowledge, timing, strategy and patience. It depend on how you handle your trading and also on a kind of coin or tokens you have traded. If you are eager to continue trading, then just learn from your experienced and improve your strategy to avoid too much losses.
It's true trading is very complex and when we don't have anything better think well before starting to trade,
the risk is very big so it's not something easy,
Here we must prepare knowledge, skills and even mental well before starting to trade
Well, trading needs more focus and good strategies so you'll  be profitable in it. And if you think you are ready to return in trading, just make sure you have already enhanced your skill and build new strategies that will help you improve your trading so you won't be making the mistakes again. Because if you just want to come back just because you want to regain your losses without much preparation, i think this is not a good idea as you will only repeat making the same mistakes again and certainly add more losses on your previous trading experiences.
You would really be profitable but it would depend because not all the times people would really succeed on anything that they are dealing with specially on a speculative market on which it does involved lots

of trial and error which someone need to pass on before they could get a good grasp into this market.Whether you do succeed or not then there are really times which really makes you feel on quitting.

Stopping or continuing to trade will depend on you because you are the ones who is on good control towards your finances and you should make use of your common sense on making out decisions.
3352  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: January 08, 2022, 11:18:48 PM

I could say that Ugas is tough and good but beating up Spence is something like a wall.

That's an overstatement but I respect your personal opinion. We can always say that an undefeated fighter is tough to beat but they also has their weakness just like when we think that Ugas could never beat Pacman as Pacman is so fast, but look what happen, it was a complete opposite, Ugas dictated the fight and clearly dominated the Filipino champ.

I agree that we can never be sure what will happen inside the ring.
But I believe, bookies will still favor Spence here in terms of odds.
With Spence Jr's age and record, he can be considered at his advantage here.
But who knows, Ugas is working on the strategy how to beat Spence in the most unexpected strategy?
So this fight is indeed interesting to look forward to, bet  and watch.
Well, i agree into those points given that nothing is assured as long the fight isnt over yet.We dont know on what Ugas is preparing into which might shock the world if he do takes down Spence

on this one.It might be on less chances but possibility would really be always there but for Spence then he shouldnt take lightly on Ugas yet this one beat up Pacquiao which does simply
means that this man is capable of taking him down too.

Lets see on what would happen on this fight!
3353  Bitcoin / Bitcoin Discussion / Re: Btc is boring on: January 08, 2022, 10:18:41 PM
but yes we can not give or order anything related to finances because it is up to the individual person himself.
regardless how they say it's boring or not is up to them because they have their own opinion and we can't force our will on bitcoin.
but of course when the OP mentions boring he shouldn't be here because he's in the wrong channel if he's in a bitcoin forum but doesn't like bitcoin Grin
Suppose they can learn how to use bitcoin to make a profit. In that case, they will not say it's boring because they will see that bitcoin will give us the opportunity. In this situation, we can monitor bitcoin movements and search for that opportunity by buying low and selling high. If they can do that, their time will be excited because finding the good time to enter the market will not be easy and that will kill his boring time Grin

But he can do other things unrelated to bitcoin or altcoin and maybe he needs to hang with his friends and enjoy his time for a while.
I think things like this will be very difficult for those who are still not convinced of bitcoin.
how do they want to buy at a cheap price because sometimes some people hear about bitcoin even like people who are allergic (in my country) things like this are difficult how they think about buying.
but on the other hand I don't really expect much from them and I'm actually grateful that I'm different from them
Some of them are really that paranoid on what are the things that they do heard off and then making out conclusions that it is a scam just because they had been scammed in the past and dont tend to believe on things

that they do heard online which some of them does have that kind of impression or mindset which i couldnt blame off but if they do just give out some chance or made out some effort on making some research then

they would really realize that benefits of bitcoin would really be a life changing opportunity if you do know on what you are doing.
3354  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: January 08, 2022, 09:11:27 PM
There is a chance that Pacquiao will come back but how many percent is that "chance"? Less than 1%.

He isn't like Mayweather that will return to the ring after saying that he is retired just for money. I know that Manny will stand to what he said and he said that he will be retiring and he will just help younger boxers to improve. Another one is that, Pacquiao really is committed already to politics because he is helping the people for a long time already and for him he can help more people if he will be the President. Even though many are doubting about him and saying that he can't be the President for many reasons (including me), he did ran for President. Another one is if Pacquiao and Ugas will have a rematch, I don't think that Pacquiao can beat him since he past his prime already that's why he retired.

Spence is really a great boxer and I'm also thinking that he will KO Ugas in less than 10 rounds (my prediction) but it might be a hard fight I think.
Agreed, the career of Manny Pacquiao as a boxer is over, the guy does not seem like the kind of person that is going to return to boxing just to make some money, Manny loved to box and boxing gave everything it could to Manny, but his days are over and now he is concentrated in other aspects of his life like politics, and quite honestly I have no doubts that at some point in time he will become the president of Philippines, so lets hope he can do as good of a job as President of the country as he did as a boxer.
Not only he is busy but he already retired from Boxing. if Spence wins here, there's no reason for him to fight Pacman because he does not hold a belt anymore, the best thing he can do is to challenge Crawford and do a unification match, hope Crawford will also agree.
He does not hold the belt but Pacman is very popular, if Spence would want money, then he will fight Pacman if he returns. It can always happen, one boxer declared retirement then, later on, comes back to fight again, so I would not close that possibility for Pacman as he might need to recover his money if he loss in the election.
He wouldnt really come back for sure in case Pacman would lost his candidacy for president yet there would be lots of criticisms would arise if that decision would happen.Sorry but this is an another topic to talk on.

I agree on the fact that if Spence would want money then fighting  Pacquiao would be ideal but since he had retired already then theres no chance for it to happen.

I could say that Ugas is tough and good but beating up Spence is something like a wall.
3355  Economy / Economics / Re: 2022 Savings and investment plan on: January 08, 2022, 07:59:09 PM
Then I will try to diversify my investment. I will take less risk this year but make my finances more stable with some skills development.

It's good if you have a good financial plan for this year. for me the only way to reduce risk in crypto. avoid coin memes and random projects. it has happened to me many times, always ruin my portfolio investment dont expect too much just keep holding and maintain asset not too often.

Not only applicable on crypto investments but also in other forms of investment as well since we know that risks would be always there which means that you would need to do all sorts of things specially on having a good

risk management into those ports you do have. Savings should really be standard and not all would be pour out unto investment because you dont know on what comes next on which you would
really be needing off these funds.

Invest on what you can afford to lose and at least allocating some savings for other purposes which its the most important and ideal thing to be done.
3356  Economy / Gambling discussion / Re: prediction betting platform pros and cons? on: January 07, 2022, 11:43:32 PM
I also wonder, aren't betting platforms adjusting their odds according to what people place anyway? I always thought that was the mechanism. Or is it all about the betting service provider to set the odds? When a lot of people out of a sudden bet on one team to turn out to be the winner, don't the odds go down such that it is worth to bet on the other and still make the house some money on the "spread"?
I'm not really a hundred 100% know their mechanics about creating the odds but probably once it was set and published, that can never change, or else, bettors will think something strange and could distrust the system.

Well, of course, if there are 10 people (as an example) who will win the prediction, then they have to share the total prize. That is what I think.

The house will keep making money no matter how many gamblers will win that day, that was their advantage. And for us gamblers, it is gonna be making fun, that's all and to win is somewhat a lucky day for us.
We do not know their mechanics because we only know the odds after they announce it in their list so we can choose what sports match what we want. We do not have to think about that and only follow what is written on the list and we can decide what we want to choose. If we can win from that, that is good.

Hence, they already know how to share the total prize in their way and we do not have to ask them because that will be their secret. We can only enjoy what we select and wait for the result and hope that we are winners who can win for some money.

Gambling is good sense of game to get huge profit from it. Sometimes the loss in gambling is  very common. After loosing your money, you should learn a lesson from it. You should not do high bed after such things. It may make you lose huge. Again started with less amount as an investment to get a profit.
I dont really consider betting on gambling could really be treated out as an investment because its a leisure thing connected and it has nothing to do for long term aspects.
Even if you do deal with strategic type of games but doesnt mean that you would make out big profits anytime you do play. Play on means of entertainment and dont go beyond
that border if you dont like to experience problems then better not to have this kind of treatment towards gambling or betting.
3357  Economy / Trading Discussion / Re: Crypterium has held my BTC hostage for almost a month with no end in sight. on: January 07, 2022, 09:51:14 PM
In the future don't use these unknown bitcoin exchanges. Use Coinbase or Crypto.com or Kraken or Gemini, even if they got higher fees. They got more support staff and you won't get issues such as this on their platform.
These would only work properly if you are US citizen I guess. They are definitely among the best but don't be surprised if their customer support is also terrible.

Personally, for most people not in US, I would even just go to Localbitcoins to get my coins. You still KYC there but the escrow and problem resolution is really good from the site.
I would say that every nation has at least one local exchange that is trustworthy, it is the global scams that you have to be careful about. In my nation we have known exchanges and they are all fine, nobody really gets their money stolen from there, then we hear from the news that some exchange I have never heard of before got away with stealing a billion dollars worth of crypto from their users.

First of all I have been in crypto for nearly 9 years now, if I haven't heard of it, that means the billion dollar amount is a lie, I would know all the exchanges in my nation at this point, secondly there are some which has been around for 5+ years at the very least, some even more than that, one has been around since 2014, so if you can't trust that and go to some other place that's a bit on you. Focus on the trustworthiness and the age and you will find good local exchanges.
All matters on doing up some bit of research before proceeding on things because you would definitely putting yourself in harm or situations like this if things turns out to be shitty.

No exchange platforms could be trusted and this is where we do stick out into those who are long time running yet they had established out their name and reputation but always

have that mindset on not to trust them 100% most of the time because we know that odds or chances of experiencing some scams or hacks would really be there.
3358  Economy / Gambling discussion / Re: Sport's betting experience on: January 07, 2022, 08:53:39 PM
The only safe bet are those bets you placed knowing in advance how the match will play out. In other words, you know of the match fixing that will happen eventually hence you bet on the outcome. These patterns that you have found out isn't 100% exploitable, and could not be considered as safe bets because even favorites to win the match sometimes drop off of their game and deliver lackluster performance. While on paper it is a good betting strategy, in practice this will, most of the time, fail since you cannot expect favorites to always cover the odds that were designated to them by the linemakers.
That is exactly the issue, it seems people do not understand that the odds for each match and each kind of bet are not generated by people but by very complex algorithms that take a great deal of factors into account, so it is almost impossible to find an instance in which a particular bet is going to give you profits consistently, as such it is better to not waste our time with something like this as it has no chance to be a profitable strategy over the long term.
Speaking or talking about some consistent profits then this could be possible but of course it would really be still having those losses.What matter most here is that you do able to make profits in the end of the day
but always be mindful that gambling is something that shouldnt really be engaged too much so that you would really make yourself get rid of possible addiction problems.

Bet according to your knowledge and dont tend to go overboard with your limits. Odds is there and analysis should be made off and not just on jumping without any idea in mind
on what you are doing.
3359  Economy / Economics / Re: BTC: is it really bearish? on: January 07, 2022, 07:47:53 PM
Nobody knows what will happen. I was around in 2018 and whenever it dipped, people were saying they bought the bottom and we’re going to sell at a new ATH. Then it dipped again and again and again and then people assumed $6K must be rock solid support until it wasn’t.

Then people assumed $4.5K was the low, until it wasn’t and then it went to like $3.5K and did nothing for many weeks. Many sold out of boredom and it was the low.

So who knows if 2022 will be a repeat.
People will keep on calling it the bottom for now as well, and even if it falls there is nothing wrong with that. Imagine all those people who said 6k was the bottom, if they kept their money they would have made 10x in just 3 years in 2021, how many investments are out there in the world that gives you 10x return in 3 years?

If they are getting bored from waiting just 3 years, then they should not be investing in the first place. Investing is not a daily thing, trading definitely is so if they are traders they shouldn't have kept their coins for so long and traded daily and shouldn't be losing all that much money. However, if they are investors then they should be not getting "bored of waiting" for 3 years 10x return, even more, like 11x or so.

This is why I keep saying that holding is the easiest and hardest thing ever. You literally do nothing at all, and some people can't do it for some reason, they keep selling and buying when all they have to do is literally nothing.
For those traditional investments then no one could give out those kind of returns which it is why they would really be regretting later on on what they do had missed.

Speaking of bearish moments then its inevitable but its really hard to determine if its the bottom thats why whenever we do see some dumping then we do freak out and this would be mind boggling

whether you do buy in or wait further for you to maximize possible buy entry which this thing makes it more harder.
3360  Bitcoin / Bitcoin Discussion / Re: Bitcoin 13.4% Drop As Result of KAZAKH Government Resigns. on: January 06, 2022, 08:20:53 PM
Most probably OP is right here. Bitcoin was in a downtrend for a few days and it pushed more down due to this news. I wasn't aware of that news and just I had been thinking why Bitcoin start damping right now. First I thought it's due to current waves of COVID but seems you provide reasonable reasons why Bitcoin was dumped today. Hope it will start recovering from the current zone. I am worried if Bitcoin breaks the $40K zone then we might see a real bear.
When it comes to reasons on why price had declined out then i dont really believe that much for it to be accurate because the market could really move down without any reasons thats why its really hard

to make out conclusions about precise reasons on why the market had plummet out on gradual basis.Neither those reasons are the possible causes of these decline but lets just hope out for some

recovery soon which is very typical or common to happen in a market and why would bother and its the best time to make out some buybacks.
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