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361  Bitcoin / Bitcoin Discussion / Re: Let's Stabilize Bitcoin on: September 08, 2023, 03:04:10 AM
In order for Bitcoin to be widely used for payments, it is necessary to stabilize price fluctuations.

Question,
Bitcoin and other currencies A and Prepare B.
A and B are equivalent exchangeable and can also be equivalently exchanged for Bitcoin.

Is it possible to stabilize prices through market mechanisms due to this?

OP, if you expect bitcoin to become stable as a currency or stablecoin it will never happen, market makers will not allow it to happen because then everyone will lose interest and abandon bitcoin.  but if you think about bitcoin gradually becoming as stable as gold then it is possible because when capitalization reaches its maximum everything becomes slower.

But I want to know why would you expect bitcoin to be stable, while others expect it to be as volatile as possible?  if there is no volatility, how can we make a profit?
362  Economy / Speculation / Re: Will ETFs pump BTC to $100k soon? on: September 08, 2023, 02:53:20 AM
There are bitcoin ETFs in Europe and Canada, and they are not very popular. Many experts say that the spot Bitcoin ETF will be accepted in the US, but the prices in the market are recouping these events earlier.
Bitcoin has a chance to cost even $ 100,000, but manipulators will not do it instantly, and on pumps and dumps they will take a lot of money from hamsters.

It seems to me that the market is being manipulated by big players (mainly investment companies and whales) for their own interest. Not even the announcement of an ETF launch had a positive effect over BTC's market prices. The aforementioned entities may be keeping prices low before the BTC halving takes effect. After that, market prices will "pump" like crazy. I'm very confident BTC will reach $100k soon, especially when there's huge interest in it.

One thing for sure is that a lot of the big players have been accumulating BTC like there's no tomorrow. High demand and low supply will keep prices high for a very long time (hopefully). No one can predict the future, so lets hope for the best. Just my thoughts Grin


The bitcoin market has never really moved based on supply and demand, it is manipulated by many different forces.  that's why we often see sudden movements in bitcoin without any explanation.  The ETF will indeed have a significant impact on bitcoin but you are right, the important thing is that the sharks still dictate the movement of bitcoin.  but I think we don't need to wait for greater popularity or ETFs for bitcoin to reach $100k, we are slowly exiting the bear season and the halving is approaching.  increasing the price of bitcoin and creating a new ATH is inevitable.
363  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 07, 2023, 09:18:43 PM
I think the fact that Greenwood issue happened when he was at United and then Anthony thing happened right afterwards is the real reason why there is a drop. I mean Anthony is not the only one being charged now, the girl is saying that United doctors helped her the second time it happened, first was in brazil, but the second incident happened at Manchester and she got help from United doctors.

That sounds like she is just after money and it's a total lie, nobody beats their girlfriend and then takes them to the club doctors, that's not going to be true at all. But, even assuming that it would be true ended up resulting with a big drop. Being in a lawsuit drops the value of your company and will keep so until it's fixed.

Bruv, I said this yesterday in another thread and I am going to say this again, these women are just trying to get money from the football players. These women are just some dumb hoes, trying to scam popular celebrities and athletes for a good amount of money. And I think in every country there should be some jail time and,  some cautions taken, if any girl actually falsely accuses anyone with something like this. This is a very common phenomenon in the West right now. If there are actions taken against the girl if she’s lying, I think this is going to decrease. Finally, I want people to realize that this is what the feminist revolution has done. They throw around words like misogyny, but they don’t even know the meaning of misandry.
364  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 07, 2023, 05:07:27 PM
South Africa VS Australia
South Africa batted first in today's match and set a target of 222 runs in 49 overs. South Africa does not think they can win today with the runs they have scored today. If Australia team can perform well in batting then they can win easily by crossing this run.  Australia team now come out to bat. 42 runs in 6.2 overs. So far Australia lost 2 wickets. Australia lost 2 wickets and now under a lot of pressure. I don't know which team will win today's match between the two teams.
Although 222 is easily chasible in ODI especially when team like Australia batting which has ability to chase even in t20 but today match is looking in the favor of South africian team. All top Australian batsmens are out without scoring big and now full pressure on the Aussie. In 12 overs Australia made 72 runs. The run rate is good enough but they lost 5 wickets which is big trouble for Australian team and now if they lost two more wickets then very low for Australia win. If Australia make partnership here then match will become tough because score is not big, only problem is wickets and Aus should not take any risk here in this stage .
Australia is at its worst situation losing the 6th wicket. As of now Australia have scored 97 runs in 14 overs. As said the run rate is well maintained, but the loss of wickets keeps the team at the edge of losing the match. Cameron Green had retired hurt, and his comeback might help in scoring little runs. Anyhow South Africa's winning probability have reached 70% from 15%

I am very surprised by Australia's batting today. I saw Australia's performance in the T20 series, Australian batsmen have batted well in all three matches, and the team won all three. I think this is why Australia decided to field today after winning the toss, however Australia batted very badly today. South Africa has given a target of only 223 runs, although Australia's run rate is more than 6.5, the team has lost wickets very quickly. The team lost 6 wickets before collecting 100 runs, lol. After 22 overs, Australia's collection is 149/7, they still needs 74 runs to win, it doesn't look like they will win miracally. Labuschagne remains unbeaten on 38 off 29 balls, and Aston Agar scored 20 runs. The way the South African bowlers are bowling, Australia is probably going to lose today.
365  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 07, 2023, 02:07:22 AM
Indeed, but there may be a special agreement issued for PSG and Mbappe. So let's just see. Actually, Mbappe's performance in some matches looks improved because there are other factors. PSG's incoming transfers are quite good as Dembele, Muani, Asensio. So actually PSG did a good game. So they were quite good in their last game. The doubtful thing may be that for Europe, they will probably have a hard time competing in Europe.  
Enrique's task is harder to go in the future how to bring PSG to be able to play consistently in the Champions League because from some previous coaches it is very difficult to do the work even though they have star players in it. So let's see how Enrique's ability can have a positive impact on the team, tactics and strategies are needed to be the mainstay of PSG to compensate for other teams to reach the quarter -finals. Dembele, Muani and Asensio will be a new force that can help PSG because for the last match almost the three of them have adapted well with old players.

For the domestic league I do not doubt PSG because before they were strong enough and very difficult for other teams to break their consistency, only last season a little decreased because some players who were associated with problems with one with another. Mbappe will survive if PSG can be one of the challengers in the Champions League and I am sure that if Enrique is able to do that then Mbappe will last at least for one to two seasons.

For some reason recently PSG has become only about Mbappé. And as long as they are able to get themselves out of the mindset, they’re not going to win. Yes, he is a great player, I understand, but even he is replaceable.  So I do not think that they should keep putting him on a pedestal and revolve everything around him. It will be better for them to actually let him go if he wants to, which he does.

I understand that it will be very hard to actually find another player like him. But it does not matter if he is in the squad because he does not want to stay anymore and that can obviously affect his performance.

I definitely do not think that he is going to stay for two seasons. He is going to leave before that in my opinion.
366  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: September 06, 2023, 07:06:50 PM
Things are going on well for Real Madrid. They are deprived of 3 important members like Courtois, Militao and Vinicius Junior. But this is still not an obstacle for them to maintain a winning streak. Bellingham is playing a huge role in this form of course. He is even the current leader in top scorers table.  Grin

However I'm wondering how good they will deal with big opponents without these players. I mean especially the matches against Barcelona and Atletico Madrid. They are going to take on Atletico Madrid very soon for example. The reason why I wonder this is that it wasn't really easy for them to defeat Getafe home.
There is still a possibility that they in a good performance, considering they have an experienced coach, but without a key player like Vini Real Madrid performance may not be really good.
Before against Atletico Madrid in matchday 6, I mean next match on matchday 5 Real Madrid will also against Real Sociedad, without Vini Jr. I think Real Madrid will difficulties to got three points. But let's see in that match first, whether the Real Madrid team is still in good performance or not. If not, then things will be difficult for them against Atletico Madrid.
The top three teams in La Liga are Real Madrid, Barcelona and Atlético Madrid. Any two of these three teams play a very interesting match. The match between Atletico Madrid and Real Madrid is undoubtedly going to be a very interesting match. This match against Atletico Madrid will be a bit tough for Real Madrid as Real Madrid will not field their full XI at the moment as several players are injured at the moment. The team's most important player Vinicius Junior is injured at the moment and will not be available for the match against Atletico Madrid so it is natural to think that this match will be a tough one for Real Madrid. 
Despite Vinicius Jr's injuries, the squad has a number of young talents who are performing well at the moment. Real Madrid will win against Atletico Madrid if Jude Bellingham, Rodrygo and other team players can perform at their best.

@jakdanyel, First of all it is going to be very hard for them to win against Barcelona. They will probably be able to manage without them against Atletico Madrid. But the biggest problem is going to be in the Champions League match. I don’t know if the players are going to be available by the time they will face bigger opponents in the Champions League or not. If they are ready to play, then it is going to be absolutely fine. But if the injury situation continues for Real Madrid, it is going to be hard for them to win against the big teams in the Champions League competition and also against Barcelona in La Liga.
367  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 06, 2023, 03:28:12 PM
I think Manchester United players are cursed. After Mason Greenwood was under investigation because of sexual assault and he had bad days, this time another palyer from Manchester United, Antony, the Brazilian winger got the same problems.
They say this palyer attacked his wife while she was pregnant.
Even Brazil's national team put this player out of the teams because of that while nothing is clear yet.


This incidence of domestic attack and violence and other ones that is related to social abuse is very rampant among players in Europe. It is not all about Manchester United player, but it is an individual different things. I still do believe that while some clubs have a way to protect their own and hide their players, Manchester United does not have that modality rather, they will even help to expose the player to the whole world, even when the court has declared the player innocent just like the case of Greenwood.

I do believe that Manchester United will also set aside Anthony since his national team has already done that. It is a pity now that the transfer window is closed and Manchester United is short of good players.

I just do not believe anything whenever I hear a popular personality or any athlete being involved in domestic violence or sexual assault.
Because it has become a new thing for women to do this. Women nowadays try to give false allegations about the players and try to get some money off of them. So I just do not believe this whenever I hear something like this.


I was quite shocked by this news. Antony was bought quite expensively and of course his energy is still very much needed. There is already some evidence provided by his ex-girlfriend. This condition will make things difficult for Ten Hag. They don't have many options. There are many nests for Man United to sack Antony. But it's a dilemma, it looks like Man United are still waiting to see how the case proceeds. Although Antony does not admit this problem.

Sumber: https://www.goal.com

I do not believe that something like that actually has happened. If you concerned you would know this is a very common phenomenon nowadays among the women of the West. I do not believe this and I am not going to believe this as long as I don’t see concrete evidence. Remember the same thing happening with Neymar?
368  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 06, 2023, 03:17:22 PM
Inter Milan and AC Milan has been very impressive in their performances in this season's Italian Serie A campaign. Both has won all their three league games so far and all they all won in convincing fashions making it very hard for anyone to predict the outcome of the Milan derby that's coming up after the FIFA international break.
While AC Milan has conceded two goals in the three league games they've played so far, Inter Milan are yet to concede one and are the only Italian club that's yet to concede a goal this season. AC Milan with all their attacking talents will want to break that deadlock while Inter will want to have a perfect victory. I can't predict the final score but I know the teams are gonna surely find the back of the net
Last three seasons, three champions in Serie A are Inter Milan, AC Milan and Napoli. Two clubs from Milan are ready and have enough ambition to take over Scudetto from Napoli. Napoli looks to be good in this season even they just lost against Lazio and if they are actually good, they will make Scudetto competition is very exciting.

AC Milan look to have better preparation for this season than Inter Milan with their transfers in the summer but in reality, both clubs have been playing well so far. Napoli will face with bigger challenge from Inter and AC Milans to defend their Scudetto. With poor performances from Lazio and Roma, Serie A likely will have a champion from either AC/Inter Milan or Napoli as two clubs from Rome are not competitive enough.

If there is another club can take Scudetto, I believe Juventus should be called.

I also agree. If anyone else can actually take the Scudetto it is going to be Juventus.  They are very determined to win this time and they are more determined to prove that they deserve better than what happened with them.  The coach was also very determined to bring better results for the team because he was also under a lot of pressure. And I don't think he deserved that as well. But there will definitely be big competition for the title this season.

Serie A  did not have too much competition in the last season especially at the top, but this season it is going to be different. I know it is still very early, but almost all the teams which generally finish at the top are very interested in the trophy.  The teams have also invested good amount of money to bring in better players.  This time it is not going to be easy for anyone to win the title.
369  Economy / Economics / Re: Are you risking investment in other things? on: September 06, 2023, 10:19:48 AM
I only invest in Bitcoin when it comes to the majority of my savings.

I trust Bitcoin when it comes to investments, because it is worth the wait rather than storing it in a bank which only gives you a very small amount of profits. Investing in other things that you have mentioned is also a good thing but it may take a while before you get to know it well for you to make profits in a certain period amount of time.
Banks isn't even the helping you save, their the worst place you can put your money in because of the low interest rates and they're overtaken now at least in my country by online banking systems when it comes to interest rates. I think that everyone's the same here when it comes to preference of investment since and other investment options aren't that accessible to many people like me who don't like the hassle of signing paperworks and in the end you don't have any control of your money unlike bitcoin.

But have you both thought about the risks and volatility of bitcoin?  volatility is great when it comes to investing but can be a barrier when it comes to saving.  when we talk about banking, we mean savings, mortgages...not just investments.  if you need money for business or investment, does bitcoin lend you money to do that? Or you need money for emergencies, can bitcoin lend you money?  Regarding savings, does bitcoin guarantee the value of your money in the short term?

By the way, you both use banks, right? If you still use the bank, don't speak ill of them.  bitcoin and banking both have their own use cases.
370  Economy / Speculation / Re: Hold coin on: September 04, 2023, 08:21:56 AM
At this moment when most of the coins are struggling in the market, I don't find it appealing to hold any coin right now, Look at the bad news coming from BUSD and the rest of the other coins that have suffered similar attacks because of centralized system which allow for interference both from internal or external, and this interference comes sometimes as an attack of the networks in form of hack.
But if you hold Bitcoin in your own wallet where you have the keys and control all the transactions that go on in it, is more secure to hold Bitcoin at the moment.

Do you mean bitcoin is the safest and most reliable option at the moment?  you're right but that doesn't mean all altcoins aren't worth holding because as you can see most altcoins have bottomed out and it's time to accumulate for the next bull season.  eth, ada...also bad coins?  if you dare to say they are coins not worth investing in, then I bet you that eth or ada will bring profits many times greater than bitcoin in the next bull season.  there are also a lot of altcoins worth investing in, mate.
371  Economy / Speculation / Re: Volatility and its effect on: September 04, 2023, 08:14:16 AM

It can be said that volatility is essential when it comes to investing because it is through it that we can make a profit. But whether we can make a profit or whether it will be harmful to us depends on our own abilities. Like @Watche said, volatility is like a double-edged sword, if someone knows how to use it, it will have very good effects, but if someone doesn't know how to use it, it will harm them.

Cryptocurrency is famous for its volatility, I know many gold and stock investors turn to bitcoin because they like its high volatility. The more volatile the market, the higher your chances of making money.

Agreed. Volatility is what attracts traders. But the main question is why volatility occurs. If the trading volume is low, even a small buy or sell can lead to major price changes, i.e. volatility is there, but you can't capitalize on it. Therefore, you need to have a good understanding of the nature of volatility

I believe that market volatility is intentionally created by someone, not volatility according to market demand.  in addition to macro news that affects market sentiment, sometimes we can also see fluctuations that occur unexpectedly and there is no explanation for it.  market makers know we like volatility, and perhaps that's their way of making us care more about the markets.  every time the market fluctuates, people are very eager to long/short and the result is known to everyone, many long/short orders are liquidated afterward.
372  Bitcoin / Bitcoin Discussion / Re: Hope is all I have left on: September 04, 2023, 08:00:31 AM
For people like us who still struggles to invest money on Bitcoin I want to know if one day, 1 sat can ever cost as much as 1 cent? Is this possible? Sorry I can't afford to dollar cost into Bitcoin like everyone else, it's very hard for me, all I need is hope.

I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.

Is there any hope for small Bitcoin buyers like myself? Can 1Sat ever be 1 Cent one day? 

That indeed is a very hard situation, I don't think persistency will work with what financial situation you are in right now. Why won't you try to find a way too increase your income? Try exploring how to have an extra money you can separate solely for investment purposes, because forcing every little penny you have to invest in bitcoin may not make enough impact in the future and chances are, you might going to withdraw your holdings during emergencies. My advice, is to put extra hustle to earn more income for you to accommodate your necessities, wants, and investments. But since you already have some bitcoin in your wallet, you might want to continue that while you look for another way to earn more income, bitcoin may not gonna be as cheap as 2015.

Because this is a bitcoin investment forum, he doesn't want to post his private life, he just wants to talk about his bitcoin investment.  I think he is also working hard in real life, but since inflation is hitting us, it is inevitable that many people are still having difficulty in daily life.   there is nothing wrong with a poor person looking for solutions for a better future and bitcoin is the choice of many people.

I don't know what the future of bitcoin will look like but I don't want him to be disappointed. I still believe that a bitcoin can reach 1 million USD in the future but it will probably take quite a while to get there.  i am also a poor person and that is what I hope in bitcoin.
373  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 04, 2023, 05:53:03 AM
The Asia Cup 2023 match between Bangladesh and Afghanistan was certainly a game-changer because to their outstanding performance of Miraz and Shanto who played outstanding batting for them, helped them to a respectable total of 334 runs. Taskin Ahmed consistently outstanding bowling, which resulted in four wickets, confirms his position as Bangladesh top fast bowler. In my opinion Taskin and Shorful has become a strong bowler as a result of his perseverance and hard effort, whilst Mustafiz has lagged behind as a result of lacking a similar level of devotion. Bangladesh ability to compete at the highest level on the world stage was demonstrated by their victory by 89 runs which not only highlights their talent but also keeps their aspirations alive to win AsiaCup 2023.
I didn't think that Bangladesh will perform so well. But after watching Bangladesh team's first match I was upset with Bangladesh team because Bangladesh team had bad performance in batting and bowling line for which I was worried in Bangladesh vs Afghanistan match. But on the day Bangladesh team batsmen bat first.  Bangladesh team won on that day by giving a target of more runs. Afghanistan could not do well in bowling and batting in the match. I thought Afghanistan team could perform well but they could not do that.

No one expected such a great performance from the Bangladesh team. Especially when the team lost all wickets for just 166 runs in the first match, it was unbelievable to set a target of 335 runs. Because Afghanistan's bowling line-up is very strong than Sri Lanka's. Even then, seeing Bangladesh's batting at the beginning of the innings, I thought the team would collect 280-290. But in the end Bangladesh gave a huge target of 335. Bangladesh collected more than 100 in the last 10 overs. Bangladeshi batsmen played great. And Bangladesh confirmed the next round as the first team. If this performance continues, I guess we will see Bangladesh in the Asia Cup final. The team is strong and Shakib's captaincy is also very good.
374  Economy / Speculation / Re: When will you sell...next bull run? on: September 03, 2023, 10:07:40 AM

I think the price of BTC at the next ATH will be around $100,000 ± $10,000.



That's a modest prediction because I believe bitcoin can reach higher than the $100k figure that many people are talking about. I personally believe that bitcoin can reach $200k or more and this will be the craziest bull run we have ever had.


I am planning to sell most of my holding around the predicted price because, after a bull run, trends suggest a prolonged market correction, so I will reinvest when the price is down.



Take profit is never wrong even if we don't sell at the highest price.  and that's a smart plan because the market will definitely drop after the bull run so I'll do the same thing.  i will sell all my portfolio during the bull season and wait for the bears to hit the market to start accumulating for the next bull season.
375  Economy / Speculation / Re: How much ,as you think ,is 1 bitcoin in 2025? on: September 03, 2023, 09:55:41 AM
considering 2025 is far away, well from the perspective of cryptocurrency investment its still quite far away considering the fact that cryptocurrency investment usually more short term compared with stocks and the other similar thing like precious metals.
i would say that bitcoin definitely have the chance of hitting yet another all time high, by then maybe the price already reached $100k and more.
but of course the capital needed to make that realized would be humongous too. therefore i don't actually have too much hopes neither i'm optimistic in this regard but you know that bitcoin always make some unpredictable movement.
many are doubting in the past that bitcoin can go beyond $10k but see right now, even $26k is considered low for bitcoin.
i'm pretty sure in the future the value will far surpass current value.
That's the deal for sure, crypto is a volatile and quick thing that moves very fast when it wants to, I am not saying that it moves like crazy every single day but when it does move, it's very quick and it doesn't stay at the same price for very long neither. It means that 2025 is very very far down the line for crypto, you could maybe make a prediction for gold but it is not going to be that much of an easy thing to do it for other things like crypto.

This is why I believe that we shouldn't really make a prediction about it this early on, it will not be working out at all. I think it should be important to just hope for the best and buy in and hold. If you hold long enough then you are going to end up doing fine.

Gold is less volatile but that doesn't mean it will be easy to predict.  for me when it comes to the future there is no certainty because no one has a crystal ball to see it.  making predictions about bitcoin means we are setting a target for our investment, and I think that is necessary.  we are not far from bull season so we need to have goals now, don't wait for it to come before setting goals for ourselves.  people always think that 2025 is very far away, but it will come very quickly and we will not be able to keep up with the market if we do not prepare carefully now.
376  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 02, 2023, 07:22:55 PM
In my opinion, it's 50:50 for Joao Felix because it all depends on the time Xavi gives him to be able to play longer at Barcelona. Because Barcelona still has a solid main squad and it will be quite difficult for Joao to play regularly even though he is only on loan for one season. Therefore, don't get your hopes up because Joao must demand to play better than Lewandowski. Isn't that the challenge? In Barcelona, all player formations are better even without Joao. I also wouldn't be surprised if Joao Cancelo ends up being loaned to Man City, for Pep Guardiola Barcelona request cannot be refused and will be fulfilled even if it has to be done for free.
It finally came true that Joao Felix managed to move to Barca, this was surprising because previously Liverpool had also planned to recruit him. Felix and Cancelo came on loan to Barca, however they will definitely be used in Xavi's squad. The departures of Dembele and Ansu Fati have left room for Felix to get minutes, and Cancelo could be a rotation option for Sergio Roberto.

I think the addition of these two Portuguese players was quite dramatic, Barca management completed the transfer of Felix and Cancelo on the final day of closing the transfer window.

It's not only Liverpool who are rumored to be planning to bring in Joao Felix, but Chelsea are also being linked with re-signing him ahead of the transfer close this summer. in the end, Joao Felix joined the squad he really wanted. even though he is only on loan, Joao Felix will be needed in the Barcelona squad to sharpen Barcelona's attack line. The reason is, Barcelona has released several of its players in this summer's transfer window. After Dembele left, Barcelona loaned Ansu Fati to Brigthon. it is hoped that Ansu will further develop by getting a lot of minutes of playing time.

But instead, like it or not, Barcelona must bring in newcomers. which in the end, Joao Felix became a Barcelona player. What's unique about Felix is ​​that he is the type of player who can be played in various positions, even though his position is actually as a center forward. at least, Xavi can rotate it according to the team's needs. it could also be, Felix will be Lewandowski's backup. besides that, Joao Cancelo also joined Barcelona to strengthen the defense line. Well, as a Barcelona supporter, I am quite happy with the current Barca squad. they are more competitive, when compared to last season.

Finally, a decision was taken by Barcelona that I actually appreciate. I also appreciate that they cannot buy expensive players right now. So they are going for loan offers. The target was definitely good from Barcelona. And Barcelona definitely needed a forward player. After Dembélé and Ansu Fati lived in the club, Barcelona was definitely going to struggle with the attacking line. With this loan contract with Joao Felix Barcelona will be able to perform better once again. But Barcelona needs to make sure that they perform consistently. Barcelona will have to keep in mind that any decision that they make will have to be so they can successfully defend the La Liga title.
377  Economy / Speculation / Re: The price of bitcoin is not rising soon!. on: September 02, 2023, 08:36:32 AM
Yes, the price of bitcoin is not rising soon. Because Bitcoin price index movement is very slow. It's been around 30k for a long time now, it's never going to break 30k. It is currently priced at 27k and seeing the upswing in Bitcoin price we clearly understand that it will take more time to cross 30k. So the price of Bitcoin is not rising soon.

The difficulty of increasing Bitcoin during this month could be because there are still more sellers at the low price and fewer buyers at the much higher price. I think that is a very appropriate reason to say because when the sellers at low prices are still greater than the buyers at the moment, it will certainly make it difficult for Bitcoin prices to increase in the near future.

But the potential for an increase in the price of Bitcoin itself is still there and will never disappear in the market as long as people who believe in Bitcoin can continue to grow and have no doubts about continuing to own it in the future. I still believe that the price of $30K will pass even though it won't happen anytime soon, but it will definitely happen again to Bitcoin even if Bitcoin has to take a longer time to make that move.

No one is saying that bitcoin won't break $30k but it clearly won't happen soon and I even doubt it can't break $30k before the end of the year.  if I remember correctly, people always say that bitcoin will soon increase, not decrease, because the halving is approaching and people are actively buying bitcoin.  but what is happening is not like what people say and I just guess that there is some force that is holding back the price of bitcoin.  they want us to get discouraged and sell bitcoins at low prices so we need to be more patient when things don't go as we expected.
378  Bitcoin / Bitcoin Discussion / Re: After all these years on: September 02, 2023, 08:25:48 AM
I don't think the adoption that's happening means bitcoin will inevitably become a currency, the two have nothing to do with each other.  because as you also said, the government removed gold from the means of payment and instead they used centralized currency.  while bitcoin is decentralized, how will governments accept it as a currency?  honestly, decentralization is what governments hate the most about bitcoin, so I don't see bitcoin becoming a currency as long as the government is the one controlling the world.
That is true but at the same time I would guess that it is an indicator, not the only one but one of them. Which means that as long as this adoption increases, it could also be considered that people are more inclined to use it as a currency these days. It is obvious that we are not going to end up with a situation that would be easy to handle, but I could say that we are going to end up with a situation that will be a bit different in the end.

I think it would slowly be something that would be a bit decent on the long run. So hopefully, if they can do something that benefits them, then we could see it change one way or another in that regard. I believe that it will not be that simple and we should be considering it as a chance.

I understand what you are saying but I think it depends more on the government.  because if the government accepts and recognizes bitcoin as legal tender but they only allow us to use it as a commodity or asset, then people using it as currency will not happen.  like many countries have stopped banning bitcoin and legalized it but they only consider it as a commodity and people there only use bitcoin as an asset. No one dares to accept or use bitcoin as currency. 
I don't know what bitcoin will look like in the future, as long as it retains its decentralized nature, whether it is an asset and a currency, it is still useful to us from many different angles.
379  Bitcoin / Bitcoin Discussion / Re: After all these years on: September 01, 2023, 10:10:31 AM
After all these years Bitcoin still remains an investment rather than a daily payment system, will there ever come a day where Bitcoin will be use generally as a paying system instead of what we are seeing right now?

Do you think that Bitcoin been decentralised will draw it back from becoming something like what XRP and Chain Link are achieving right now? Should we just for once shut up about Bitcoin becoming a well acknowledged payment solution and focus on it becoming only asset?

Gold was once a payment solutions and was used all over the world in the past but that's no longer the case as isn't a payment solutions anymore and now an assets use to store value over time. Bitcoin is doing the same thing but in a reversed way because Bitcoin is starting as an asset that's used by individuals for investing and storing of value of their money but in the future, bitcoin will be used as currency as it's inevitable due to adoption happening.

The world is governed by centralized government with their centralized money but Bitcoin is a decentralized money which is the greatest disadvantage it has but it's also it's biggest advantage as it shows how superior bitcoin is from the rest fiats currency existing.

I don't think the adoption that's happening means bitcoin will inevitably become a currency, the two have nothing to do with each other.  because as you also said, the government removed gold from the means of payment and instead they used centralized currency.  while bitcoin is decentralized, how will governments accept it as a currency?  honestly, decentralization is what governments hate the most about bitcoin, so I don't see bitcoin becoming a currency as long as the government is the one controlling the world.
380  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 01, 2023, 09:50:07 AM
What if there is no crypto bull run for next 10 years ? Will you give up all your investments and get out of crypto because of this ? Or do you you have even more broader horizon and can wait longer to see the next bull run ?



This is a financial market, a speculative market and to be able to maintain participants as well as attract newbies.  Market makers are always looking for new games after each cycle, just like we had ICO, IEO, P2E... it can be seen that they are always trying to find new games to maintain the market.  so your hypothesis, I think it will never happen.  if this were a pure growth industry it might happen but cryptocurrency is being seen as just a money game so there will always be something new to attract players.  You don't need to worry too much about that, because market makers never want this market to disappear.
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