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Traditional banks lose their revenue not to the cryptocurrency but to third parties. What they say is different from reality. Most often, we see banks revealing revenue differences between two financial years and that the decrease in revenue is due to the growth of cryptocurrencies, which is a false statement. Traditional banks never go down if they're well managed. When advancement is incorporated with traditional banking, the growth will automatically be high. Some banks have begun to follow it with the addition of cryptocurrency-related services. This is a kind of mutual growth that benefits the common people who use the same platform for all their needs.
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I don't have any bitcoin holdings, so I'm ready for the bull market. I have been trying to accumulate little by little, but I wasn't able to do it. At some point, I was in a situation to spend, and I completely used it. Soon after the previous halving, I decided to hold and accumulate until the 2024 halving, but the financial requirements during the same period as the earnings weren't that good due to COVID. Making more sources of income will help us save more and hold it for the long term.
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It depends, according to me, the growing technology keeps people under control and gives them the opportunity to save and spend less as well as spend everything. In simple terms, through the smartphone, everyone is being tracked, and we've been triggered to buy things through social media platforms. We just make a search for a product, and then onwards we keep on watching ad's related to it all over the social media platforms. At some point, we think, Let's buy it. This, through some means, affects savings and makes people spend more.
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One thing I want you to understand bitcoin is meant for a digital market and it is not meant to compete with the traditional currency so but when people think that why bitcoin come into existence is because it's want to take over the existence of traditional currency which has been in existence for long period of time, so that is why many people seen Bitcoin like what is good because it has its own privacy and it owns security and the investing on it you are sure of your investment based on nobody monitors it for you except to you
The traditional fiat system have got many flaws and bitcoin with the blockchain technology made people understand well about value of money and people realised that we should have control over our money. As said the system is developed as an alternate and there is no talk of replacing the traditional fiat. The purpose for which bitcoin got innovated took a different turn when people started to prioritise it as a means of investment asset than currency. |
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It'll be enjoyable when you're on the winning side. The same turns away when your win goes away. So, it is always good to consider gambling as fun and not as a means of making money. Always have your limits and enjoy gambling if your lucky to win something out of it. Don't follow your wager to recover what you've lost or do get greedy just because you were able to book some profit.
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The risk is the security, and the governments. The security issues were almost solved with the existence of more wallets that help with different security features. With the governments we can't be sure, as they want to have control over the uncontrollable asset. For this they keep on trying different things to restrict people from using it. The reward is something assured for the risk we take. In particular what we hold unlike the market situation and different manipulation gives you with the best.
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At some point the bitcoin growth gets stagnated and the altcoins used to bounce. This is where we can understand that the altcoins season have begun. It is really difficult to precisely point the transition. Market observers find it perfect, if not we should just invest now on low price altcoins and wait for the rise of bitcoin. There will be mutual growth and if market isn't supportive we should hold or have the knowledge to participate in trading.
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Rather than selling at low values it is good to hold taking the risk. This is what I've learnt from my past days of holding altcoins with low price. As most users mentioned the airdrop and other bounty tokens used to bounce and they used to drop down in value. Some used to have good backing team and the growth and development used to happen in a gradual manner. We need to be lucky enough to have such tokens and have the mind to hold and enjoy profit in the long run.
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In the mentioned chart, my choice is Ethereum and Litecoin. The growth of both the coins were to happen big. For now the price of Litecoin is really good that anyone can invest. With Ethereum it have grown and based on the backing it is predicted to reach much higher value in the long term. Litecoin following the footprints of bitcoin never serves to be a failed one, so my choice falls on it.
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More tickets doesn't increase the winning, it is kind of a way to keep the gamblers motivated to wager more and increase their number of tickets. I've come across this kind of lottery pick where the user with just one ticket won $5000, whereas the gambler who had more tickets didn't win a prize. So, increasing the number of tickets is just for our satisfaction.
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The limited supply of bitcoin makes people feel that even the small fractions we were able to hold are enough. It takes time for people to realize the market and get into it. Anyone who doesn't have much technical knowledge will surely find it different when something with a virtual presence is mentioned as having value. When it was available at a low price, people weren't aware of it, but when people became aware of its growth, it had grown much higher, and common people were able to buy and hold small fractions. The rich can afford to buy much, and they're enjoying it to the fullest.
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From the story, I feel like the two friends were from a third-world country, and one had experience learning in Canada. According to my understanding, the person who is studying in Canada and is back home for vacation or some other purpose could've known much about bitcoin, but he hadn't shown interest. Looking at the bitcoin the friend has in his wallet, he could've gotten interest and started to accumulate. As a result, an investment of $520 in bitcoin was made. According to me, being in Canada and not exposed to bitcoin is difficult, so this is just a story.
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The growth bitcoin has achieved in a short period of time has made people prioritize bitcoin mainly as an asset rather than a P2P currency. Maybe the global adoption and increase in acceptance would change the mentality of people and let them prioritize bitcoin as a currency over investment.
Just think of the price of an X product priced at $100 when the price of Bitcoin is $45000, and the same product will be priced at $100 when the price of Bitcoin is $40000. This makes a difference in the amount spent on the same product at different times. This means two people buying it at different times using bitcoin could've paid a higher and a lower price for the same product. People don't accept it, and for this reason, it is often considered an investment asset.
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If Al Nassr won against Al Hilal in the previous match (matchday 15), they actually will have a better competition for the SPL trophy. Unfortunately, they got a big defeat, the missed the chance to shorten the point gap. So, it becomes more difficult for Al Nassr to compete for the title. However, I think AL Nassr still has the chance to be the champion if they can keep winning until the end of the competition. They must avoid to get a draw or more losses, the chance becomes smaller if AL Nassr experience bad results again.
Al Hilal is unbetable, they also look stronger. It is difficult to expect that they will miss points in the near future. They still has a high motivation to win, in this matter they will have bigger chance to keep winning in the next few matches.
Saudi Pro League competition is here, you're making bold steps to watch this season matches here, it's tough match. Al Hilal have served a tremendous heartbreak to the Knights of Najd when they presently face them. A whole lot of things yet to be say unsaid because everyone tend to be attending golden opportunities of grab three points and aiming for more good heights in matches. Al Nassr losing to Al Hilal really weaken their spirit coming steaming this season, they don't have any excuses to give this other than acknowledge their mistakes and think of bouncing back to winning important matches. The popularity of Al-Nassr have increased with the participation of Ronaldo, so is the expectation from the team. Al-Hilal is potential team and winning against them isn't an easy thing. Al-Hilal hadn't lost a match in the series whereas Al-Nassr have lost three matches. It is really hard to make a comeback as Al-Hilal at no cost will degrade it's performance. Upcoming match days gonna be interesting as Al-Nassr to face Al-Ettifaq against whom they lost in the opening match of the series. |
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This is due to the misbehavior of parents who are not good at raising and educating their children. Excessive pampering of wealthy children and the ease with which they obtain everything with complete ease will make them ineligible to bear responsibility themselves and will lead to their bankruptcy after the departure of their wealthy parents.
So the blame is primarily on these rich parents.
As parents, we need to show tough love to our kids. Because if not, they will not learn in life when they grow up. Honestly, those who have lived being poor when they were younger. They are the people that have learned a lot with their lives. You may see them buy some expensive stuff and luxuries but it is like a reward for all of their hard work for several years unlike the kids that have grown rich and are easy to spend their parents money. Agreed, a rich kid that enjoys life with the luxury and spends big money never understand much about love. Parents doesn't give attention and the kids seek attention with the money. This makes them have the thoughts of having anything with money. Even the humans will be seen as commodities by some kids. When a kid have grown from a poor background he knows the value of a product as he/she had worked hard to get it. Majority of the problem gets solved through right parenting unlike poor/rich status. |
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Sure, some people find "new year, new me" motivating, but it's not a magic spell. We don't have to wait for a specific date to start becoming who we want to be. Every single day is a new chance to learn, grow, and leave behind things that don't serve us anymore. We're always changing, and it's way more rewarding to embrace that journey, with all its ups and downs, than to wait for some arbitrary deadline.
The power to change is in our own hands. We don't need to wait for the clock to strike midnight to start living our best lives. We can choose to be more self-aware, keep learning new things, and always strive to be the best versions of ourselves, one day at a time.
Every year people comes with different resolutions. End of the year nothing could've been followed. As suggested when you want a change in you, the same can be started now what's there to delay. When we think of a resolution it is to bring positive things into our lives. Then what's there to delay, so all the resolutions for the year is just a gimmick that fades of within months. |
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Bitcointalk Username: KennyR
Profile Link:https://bitcointalk.org/index.php?action=profile;u=110570
Post Count:4432
Forum Rank:Hero Member
Are you able to wear our Signature, Avatar & Personal Text : Yes
Stake Username:Kennyr
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~snip~
Although poors and riches play in different ways, it doesn't give any advantages to the riches on long run. It's like saying someone who place huge bets with 1.01x multiplier on win and 94% winning chance is in a better position than people betting with a low bankroll, 2x multiplier and 48%-49% winning chance. One huge bet lost by the rich gambler already put him in a much worse situation than the poor gambler who is gambling with pennies. Riches lose much more money than poor gamblers, because they have more money to afford to lose on long run.
I think what we can say is that money lost by poor gamblers will be missed later for basic needs, while for rich gamblers it won't make any considerable difference at all. It's probably just change money...
At the end of the day the odds are usually the same, independent of how much you gamble. And I think most rich people are not that interested in gambling anyway, because they are rich already. That's one of the biggest things in gambling, the selling of the idea of becoming rich. Thats one thing, being rich makes them feel free and they don't have any financial pressure. This lets them enjoy gambling, which means selecting odds or wagering in Dice or some casino games. They take it fun and does it as a part of their entertainment. With the common people they spend the money kept aside for something important. This itself a pressure, because losing the fund could lead him into trouble. To overcome the pressure and to gamble free isn't an easy thing and the same leads to loss than win. |
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The whole movement cannot be explained but it seems that we are in a bullish zone in my opinion, even though we are still wondering and without any certainty in which direction bitcoin will move next, yes economic news sometimes affects the movement of bitcoin but sometimes bitcoin is not affected by such things.
Maybe the FOMC meeting on the 12th-13th of the fed will affect the movement of bitcoin or not, if interest rates decrease, it is likely that we will be above $45k at the end of the year, if I predict that today's interest rates are very high, so it is likely that interest rate cuts will be done, and yes, bitcoin will always be attractive to buy, institutional investors will buy bitcoin if that happens. IMO
The $40k level is strong enough in my opinion, despite the negative news.
Judging from the graph, the price will fall because the price is very high, now it is $43,836. Another assumption is that in a few days it will be a holiday, so it is natural that there will be a slight correction later. But let's hope not because the excitement has only just begun. I am also waiting for BTC in the 48K Area Almost every year we used to experience good bounce in the market during the last month. This time the same had taken place and bitcoin is at better position. This doesn't look like a very high price, and the altcoins season hadn't started. When that gets started we can expect the growth in better scale as the mutual growth begins, which is the real bullish trend. However the bear trend of the market is over long back itself. |
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