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401  Economy / Speculation / Re: Good time to invest in BTC? on: July 31, 2023, 11:50:05 PM
Hi I have been toying with the idea of investing in BTC but have waited due to some investors saying the price will drop to 12 - 16k again. do you think it could still drop to this or are we more likely to move on up to 40k?

thanks in advance.

if you have been playing with btc for a long time, now is a good time to buy it because no one can guarantee that the price will drop in the range of 12k - 16k, but in investing you certainly have analysis and reference in making decisions.

Right, if we want long -term profit then now is the right time to buy, many people always think of buying at a low price, but when there is an increase they are sorry for missing the opportunity to get a cheap purchase price for fear of losing money.
Whether you invest at the low bottom or at the peak price, you should have the perfect understanding about bitcoin and the ability to hold long term. The price increase and decreasing over time is common, and people we should understand and act at the right moment. To avoid unexpected downturn and bullish move it is good to go with Dollar Cost Average technique which will help in buying bitcoin at an average price against the peak and bottom price of bitcoin.
402  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: July 31, 2023, 11:43:59 PM
In first ODI, West Indies were bowled out for just 114 runs and India too lost 5 wickets while chasing that small target. The second ODI was different in a sense that two key indian players Rohit Sharma and Virat Kohli were not playing. Its a good move from India to try some new combination and test new players in real scenarios. I am sure in last ODI India will go full strength to secure the series.
Again here I will say that we can't underestimate the West Indies team. Many of here was saying how you can say that and you should bet on West Indies and bla bla bla. But thing is that this is the game. And in the cricket match we can say this the game of 10 balls only. And the game can be finished.
So thing is that I believe that the Indian team is good but I was saying that we can't underestimate the West Indies team.

West Indies team is playing at home, and India won't underestimate their opponents. In the second ODI, India tried out a different batting order, but unfortunately, it did not work out well, and ended up losing the match. The decision to experiment backfired on them, but a good victory for West Indies. Brathwaite's team is looking to end their losing streak, and determined after failing to qualify for the ODI World Cup in 2023. They believe that they can make a strong comeback as this setbacks are just temporary.
August 01 will be their last ODI match of the 3-match ODI series. Indian team will definitely try their best to win the series. They will definitely learn from the mistakes they made in the 2nd ODI. India team performed very badly in the last match. If India team could have batted full 50 overs i think West Indies team could not win that match. West Indies are trying but they are not succeeding. A team that once won the World Cup is now struggling to qualify for the World Cup which shows a massive decline in their game. Even if they do not qualify for the upcoming World Cup, many believe that they will definitely qualify for the next World Cup and will be able to progress their performance.
With the next ODI world cup the competence will be very high as more and more small countries have started to perform good. West Indies needs some solid players as the past days and the management should also give consideration for the players. In the upcoming match the pressure will be high on India as the team losing against West Indies will low their confidence level. West Indies need to do their best to keep themselves strong amidst their disqualification into the World Cup.
403  Bitcoin / Bitcoin Discussion / Re: Community research: To drink or to buy coins? on: July 31, 2023, 11:37:41 PM
I've seen how bad people and family gets affected by drinking alcohol. There are people who know their limits and does things in a responsible manner. This have made me think much and I never had the intention to drink. One thing my mind always think, I could've practiced to drink, if so my loss could've got limited. I've lost much in gambling, maybe if I have got the drinking habit, maybe I might've spent much time into drinking than wagering.
404  Economy / Economics / Re: War: who benefits and how! on: July 31, 2023, 10:46:18 PM
I think, bad leaders are the one benefiting from war most because war always give them access to make a huge demand from the government resources that will affect the economy and the citizens of those two party, which they will not use the money to solve the problem in the land. Like the war that is going on between Ukraine and Russia government, if the world peace Makers can investigate the cause of the war very well, you will discover that the bad leaders in the two countries are the one looking for way to loot the government resources. I believe, very soon the war will be over, and those behind the war will be brought to book , and they will definitely vomit what they have consum from the war.
In the war between Russia and Ukraine, Russia is the aggressor, that is, the attacking side. Its bad and bloodthirsty leader Putin would have won if, as he expected, he would have captured Ukraine in a short time. But he miscalculated and Ukraine, with the support of other states, inflicted colossal material and human losses on the aggressor. This hit Putin's image very painfully, and he, and possibly the state itself, will not recover from this.
I am sure that Putin is now very sorry that he attacked Ukraine, but it is already impossible to return to the position before the attack.

I remember there was a quote that said: you may have won the battle, but we have won the war; but everyone lost.

This quote really hits deep when you think about the consequences of war both in the winner and on the loser side. Sure, the winner may have won but at what cost? Money on ammunition, explosives, etc. have been used; lives were lost; and the economic impact which would therefore last for ages would soon hit the country.

In war, the only one that benefits is actually no one. Everyone is lost during the war due to its overall impact to everyone,
The reality behind the war is perfectly said in the quote. Maybe one can claim that they've won the war. The same doesn't mean they're at the top and haven't affected by the war. It completely destroys the growth. Most of the time the war takes place in growing countries which is kind of hidden politics to down the growth of country.

In a war everything is a loss, except the country who sells weapons to the war participants were the benefitting one.
405  Bitcoin / Bitcoin Discussion / Re: Does cryptocurrency actually solve any problems? on: July 31, 2023, 10:39:53 PM
Cryptocurrency actually provides an opportunity and solution to escape some challenges caused or ignore by the traditional financial system like sovereignty, cross-border transactions huge free and long processing, and it also introduces an opportunity to financial benefit. However, most crypto enthusiasts have the believe that it solve financial problem but it actually introduce the opportunity to do that and it's personal knowledge/understanding about how to use the opportunity we solve the financial problem.

It fulfills what the traditional payment system fails to perform. The demand to supply is the big factor that helps bitcoin in the bounce of value and acts as the factor to overcome inflation. Limitless cross border transaction is an added advantage, because to make huge transaction through banking system the process involved is really big and makes people tierd. Apart, the transaction cost is really high against the mere transaction fee. Cryptocurrency through its multiple usage have got the ability to solve many problems, but this happens good with people who have understood well about it and travel along with bitcoin.
406  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: July 31, 2023, 10:34:15 PM
If governments were able to have control, then long back itself any of the government or few country governments have united to have control over it. This isn't possible and same serves as the hindrance for the governments. For that purpose only, the governments have feared bitcoin and opposed the usage and tried to restrict people from using it.

Holding 1BTC is really good and the plan should be to sell and make a buyback once the price falls down. One should be careful with the trading practice too, because the same have the ability to increase the volume of holding.
407  Economy / Speculation / Re: Bitcoin Investors Confidence in Bitcoin💪 on: July 30, 2023, 11:34:21 PM
In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID.  .
And in view of this in 2020 I invest some of my savings in Bitcoin.
From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline.  Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.
As long as the bitcoins are in your wallet, I think you haven't loss. Maybe temporarily you can buy at high price and lose at current price. But depending on the possibility of future halving and Bitcoin's bullish movement, it can be concluded that Bitcoin will surpass its previous high price. It cannot be said precisely when that situation can be created. My suggestion to you would be since you are holding bitcoin for long time so wait some more time which may give you more than your expectation. Another thing is that those who hold bitcoins and be patient will surely succeed in investing.
Not everyone have got the ability to hold long-term. This is where many people term bitcoin have made them into big loss. When someone looks for quick money, the risk associated will be high. When we're to take big risk we should be ready with alternate plans so that things can be kept in control even if the prediction didn't happen as expected. The market runs over trust and the same makes bitcoin investment effective over other forms of investment. As suggested until the bitcoin is in the wallet there's nothing to worry, just the market fluctuations give variation in the portfolio amount and the same can be compensated by holding.
408  Bitcoin / Bitcoin Discussion / Re: The beauty of Bitcoin is in use case. on: July 30, 2023, 11:24:22 PM
The more businesses begin to integrate crypto payment in their daily  activities, the more we see real progress regarding the entire concept.

As of today, over 60,000 electric vehicle charging stations now accept Bitcoin across Europe,
thanks to Lightening Network (source: https://mycryptowallet.com.au/news/bitcoin/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/). Many businesses are also joining this trend as they realise the advantages offered by this amazing technology. Gradually,  we will see even deeper penetration of Bitcoin and cryptocurrency at large.
I believe we will still have a lot of time for that to spread to the masses, a lot of businesses won't see Bitcoin as a payment method just yet, the main reason for that is probably the regulations and no acceptance from the authorities within major countries all around the world, they don't want Bitcoin and cryptocurrencies to be widely used by their citizens as that will become a threat to the traditional financial institutions and they would never want that to happen.

So, they won't allow big businesses and stores to accept Bitcoin as a payment as that will make more people start using Bitcoin instead of fiat to cut down fees and other expenses and that will make them lose a lot of control over the finances and financial activities of their citizens.

I also think that regulation is the greatest challenge of cryptocurrency.  The acceptance of a country is the most difficult hurdle cryptocurrency has to face but once Bitcoin is able to surpass this hurdle and get accepted by major countries, I believe there will be an adoption explosion where Bitcoin will be trendy and get accepted everywhere.  And for that to happen, Bitcoin should establish its real-life use case and put pressure to be demanded by the majority of the population so that the governmetn will pay attention and be inclined to accept it due to the possible benefits it can gain from BTC and its technology.


Even now we were able to address better access and acceptance of bitcoin from first world countries. The same hadn't made any big impact over the rest of the world or upon the growing countries. This way the acceptance of bitcoin from the major countries isn't going to have big impact. Through its use case it is possible to reach majority of the population. The goodness relies on bitcoin's multiple usage and the growth relies on its usage happening with the bottom level of people who doesn't have banking account. To this we need more time and it isn't an easy thing.
409  Economy / Economics / Re: Reason why you will never become rich on: July 30, 2023, 10:12:18 PM
I really like your topic, especially in this point, you need to build yourself up and make your family or those peoples self-reliant who depends on you.
A wise man said that it is not your fault if you are born poor, it is your fault if you die poor. Guess who is this man none other than the Bill Gates. Most of the rich people in the world have struggled to reach their current position. So struggle is the key to success, People in the world can never prosper in life who are lazy and afraid to struggle.  So I consider this afraid of struggle as the main reason behind not seeing success and being poor. They think twice to spend money unnecessarily. So I think when a person can learn the right use of money and struggle then he will easily see success. I will not call success here only to be rich, to be successful, you have to be successful in all aspects.


Those are true lines and hold the perfect meaning. With much difficulties people have made themselves rich. I liked the point of making every family members self reliant a must thing to make ourselves rich. When there is no dependent, then we were able to think free as well as take risk. When we're in a family this isn't an easy thing and this itself a big pressure. Success can be defined based on different parameters, being rich also differs based on calculations individual users have. According to me people who are healthy and was able to feed themselves is rich than half the population of the world.
410  Economy / Gambling discussion / Re: [ADVICE]Boy Wins $46k from Sports Bet but Can't Tell Strict Religious Parents... on: July 30, 2023, 09:58:48 PM
Someone recently won $46,606 from making a correct prediction on one of the matches in the on-going 2023 FIFA Women World Cup competition from his wager of $10 on a sports betting website. The person is unemployed and within the ages of 20 - 23. He lives with his parents who are strict religious people that frown on gambling and other youthful vices. His parents are certainly not going to be happy that their son engages in gambling despite winning such huge amount of money. He doesn't want them to be upset with him. He says he's going to keep it a secret. I disagreed with him because despite having strict parents, they are going to be mad at him for a little while but I don't think they'll tell him to return the money. What do you guys think? Should he tell his parents or secretly invest the money while acting his regular self around the house?

This sound so good to be true, $10 is too small to win $46,606 amount, how did he amount odds in that manner because if my calculations are right, he need 4,000+ odds to actually win that amount, that's like $10 x 4660.6 odds to get that amount he won and I'm wondering if there is other options in female world cup that is capable of accumulating to this number of odds, not to say how he is going to explain to the parent how he won that amount, evidence is needed to convince even parent that add not religious believers.

If he provide evidence of winning to the parent and they rejected the money, the player should not force the parent into accepting the money but that will be a delusional thing to do, that's a huge amount of money to free off the house debts and pay a couple of bills. I believe he is an adult from the age you described, he should keep the money to himself and pay school fees and other important something money can do for him, this is 21st century.
If thats a win from casino games it is possible. How such a big win happened with sports betting and there is no source from which the information is collected. In our forum already similar news about a guy from Nigeria winning big money out of very small bet was discussed. It was the same, the boy's father is religious and he made the boy return the winning amount to the betting company. Maybe the same incident is reiterated in different form.

19-Year-Old Boy Wins ₵10 to win ₵900k, His Father Asks Him to Return Money: "I Don't Like Sports Betting"
411  Economy / Gambling discussion / Re: Irresponsible behavior at the Las Vegas Casino on: July 30, 2023, 09:53:15 PM
I’ve been to Vegas 3 times and I can tell you now, I have seen and experienced some things that I have seen nowhere else, and I’m quite well travelled too Cheesy

It isn’t really restricted to gamblers, people go to Vegas to party. There are lots of bachelor parties etc, the guy mentioned in the OP may not have even been a big gambler. He’s probably just a guy that got too fucked up. This type of behaviour isn’t limited to gamblers or Vegas in isolation. People get out of control every weekend, life is tough, people like to party but it’s good not to humiliate yourself and get arrested in the process Grin

While we may have our respective rights, this should be respected and used in a way so as not to distract and hinder other people as well. Sure, the person may have won something or be in a good mood but such action does not justify on why he bothered and annoyed other casino members as well.

This kind of behaviour can be considered normal depending on the country where you are staying but it is just truly weird and frightening at the same time. Who knows what other bizarre actions the person may do when he is in a good mood or when he breaks his limits in the future.
Such acts will surely make others feel bad. As said based on the country this had happened, people take it easy without giving it consideration. In an YouTube video saw the night life of LA in which I saw girls dressed up, but they're kind of naked on the streets. Guys stop and ask for the rate, and she responds $100 for half to one hour. Once after looking those videos the incidents by the gambler doesn't look to be a weird behaviour.
412  Economy / Gambling / Re: No bet is a waste on: July 30, 2023, 09:44:42 PM
I don't really see the point of this thread to be frank since op already abandoned it pretty quickly after talking about posting his bets regularly. He stated some silly stuff about no bet being a waste bet which makes zero sense.

Some bets are useless for various reasons and anyone with a half-decent brain knows that much.
Yeah, in short term he had stopped posting bets. Only thing I liked is the suggestion to spend little on the odds, so that it won't hurt even if the bet gets lost. No bet is a waste and this can be understood on different perspective. As a funny note this well suits with the gambling house rather than the gambler, because the house have its edge unlike the win/loss of the bet.
413  Bitcoin / Bitcoin Discussion / Re: Can you use Bitcoin to pay everything online? on: July 30, 2023, 09:38:38 PM
Using Bitcoin directly may not be possible in all the places I need, including my country. However, I can still use it indirectly by selling it peer-to-peer and instantly converting it to fiat, especially through mobile financial services. While Bitcoin cannot replace fiat currency right away, the increasing availability of peer-to-peer services makes it convenient to use almost instantly. Don't expect use Bitcoin like fiat currency. It won't happen so quickly.

This example simply implies that we cannot use Bitcoin to pay everything directly.  If your question @OP is about a direct transaction between the seller and the buyer, I would say that it is a no since not all online stores accept Bitcoin as mode of payment.

Since Bitcoin has value, just like what @Cryptovator stated, we can use Bitcoin to pay for the purchase online if we convert it first to fiat and then pay the store via different kinds of fiat payment system.  In short, Bitcoin can be used to indirectly pay everything sellable online through conversion but can't be used to pay everything sellable online in direct transactions.
Compared to the past days now we were able to see lot of services having direct acceptance of bitcoin. This is happening as a result of more people showing interest on cryptocurrency as investment and giving try to buy something with bitcoin or other cryptocurrencies.

When we use fiat converted from bitcoin, it gets added to the fiat payment. Offline services with bitcoin acceptance is limited and got accumulated in specific countries. More online services now have bitcoin acceptance, however those are just for namesake in most cases.
414  Economy / Gambling discussion / Re: 5 Bitcoins to never gamble again. Will you take it? on: July 29, 2023, 11:53:57 PM

5 Bitcoins is really huge for most of people, but sometime we're live isn't because only for money.

There is a reason to what you have said and I see it. Asking someone on a condition to do something or not to do something for another is kind of deprivation of either some sort of freedom that comes with happiness. For some people, money is not anything while others cherish it. So it depends on who is involved in the matter of giving 5 btc not to gamble for a live time. A rich dude that gets enough fun because he gambles would not see the point of giving him that to sacrifice such freedom. And a poor guy will easily find joy with that already.
Rather than who is involved, it is all about the person's requirement. There are people who have lost big through gambling and now working hard to repay the debts. For such a person the 5BTC is kind of relaxation as they will be able to settle the debts and once again start their gambling to try their luck. To me it is the money that 50% of the world population can't earn in their lifetime. I'll keep 1BTC, so that I can be one in the 21 million and the rest will be used to make life comfortable than losing.
415  Economy / Gambling discussion / Re: What kind of rewards/bonuses do you prefer? on: July 29, 2023, 11:40:38 PM
it could be easier to talk the person over signing with you.

I prefer that casinos can have bonus of access to direct withdrawal, not wager or spin Grin
If casino allows such access to withdraw rewards,  most gamblers who won't wager any longer and will just decide to withdraw their earning directly without playing on the casino since their know the possibility of them losing their funds while trying to meet those wager of spins requirement,  but I don't think there is any restriction on rake back earning because I have a friend who earns and withdrawal all his rakeback rewards at the end of each month.

So it depends on the bonus or rewards that you sign up for, which will determine the level of demand that will be placed on it for the gambler.
There are no casino sites in the world as far I know which are allow  to withdraw their bonus funds without any wagering requirements. Moreover, those who will provide such benefits will not be able to sustain their business. Gambling platforms are useless if gamblers are not gambling. Every gambling platform now conducts its business competitively. So every platform will have an opportunity for bonuses. Generally, we would all prefer to get bonuses where the wagering requirements are relatively simple.
The competence between te gambling platforms were at the peak as more gambling platforms keeps existing. The launch of more number of new gambling platforms began during the days of lockdown. The same have attracted good userbase as most of the people were into the home throughout the day.

As the competence have increased it is time to attract the gamblers. This is where the bonuses play its role. For now gambling platforms are good enough with their reward system. Without wagering requirements never gonna happen. Something like an insurance seems to be a feature that can be added to the reward system.
416  Bitcoin / Bitcoin Discussion / Re: My easy way to teach your kids bitcoin. on: July 29, 2023, 11:29:03 PM
.....If you have a cartoon on bitcoin,you can put it for them to watch and after watching,ask them if they enjoyed it. Tell them that whenever they watch the cartoon, you will give them a reward,and it should be the something that they like most. Maybe candy,ice cream whatever that you know that makes them happy when they eat it,but something easy to afford. .....
Watching cartoons has become one of the children's favorites. They even sometimes learn a lot of things from the videos they watch and it seems they will also get interested in watching cartoons. but again, Bitcoin for kids, is mainly just for introduction. but it's not time to talk about techniques or anything else. especially regarding investment or trading. Just introduced that there is such a thing as Bitcoin with an easy explanation. especially if there is a cartoon like that, it will be played by kids more easily. 
Thats the reality happening around. Kids easily grab through the visual things than someone repeating the same for them. If there is a cartoon and a character that use bitcoin then easily the kids will come to know about bitcoin. Maybe if the character is to buy more things and if the character use bitcoin for the purchase then the kids will come to know that bitcoin can be used to buy things. This way little by little basic understanding can be made among the kids and rest need to be left for them based on their understanding and need.
417  Economy / Economics / Re: Building a prosperous business on: July 29, 2023, 11:19:09 PM
Even though there have been many theories that have proposed this, which have provided solutions related to building new businesses, and there have even been many promoters, motivators, and other informants who have explained in theory how to build a business to be successful, in reality, this will not be that easy. Because in practice , sometimes a lot of things happen and don't match the ideal in theory. Sometimes I have done various tricks and tips according to theory but still fail. because after all the conditions for each business may be different, not only in capital but in perseverance, environmental conditions, the accuracy of the business opened, and various other factors.

but indeed here, it does not mean that building a business is impossible because of course many people have succeeded in building a business from 0 or from another step. It's just how we run it.
Yes, it's very easy for us to get a theory about business on the internet as you describe, and indeed building a business or starting a business that adheres to action or action is the key to success. As much as possible, avoid planning too long or dwelling on excessive details. Start acting with what is there and slowly develop according to the time and resources we have.

Even though the business we have is still small, the point is we have a business. so develop our business in a sporty and professional manner, don't be afraid to fail, take big risks, be confident, and try, even if you fail don't give up, keep trying and trying. Because losses in business are bound to occur, therefore we must develop and be passionate about building a business in earnest.
Agreed, rather than waiting for the business to be big starting at the earliest with the resources available is the best choice. This will help with development of business over time. Nowadays the business is much about how we market our product and stand away from the rest of the business people is what makes you the best. It is really good to start small and progress gradually than starting big and putting more pressure to reach big targets from the very beginning.
418  Economy / Speculation / Re: BTC 100K FOR 2024 ! on: July 29, 2023, 11:10:09 PM
If bitcoin follows the current market history then there's a possibility that we will see it increase threefold like what it did last bullrun so there's a possibility that bitcoin will go more than just a 100k but I could be wrong though, I don't know where you got your notion that 2024 is going to be the last bullrun because afaik there's still a lot of bitcoin yet to be mined.
Actually I think it's a hope not that 2024 is really going to be a certainty about the bullrun to reach $100k but the hope is there because of course in this case the benchmark is probably to the halving and when that time happens of course there has to be some indication to make bitcoin lift and 2024 is a big hope before the halving comes.
But regardless of whether that happens or not we still have to wait and I think it's still worth it to look forward to. As for when it doesn't happen, I think it's not a problem either because sooner or later the bullrun will arrive and $100k is still very possible to happen.
As halving is scheduled for the year 2024, there is big expectation with the price of bitcoin reaching the peak. We don't know how good this gonna happen, but the hope and the previous history of price movement around the days of halving makes everything on the positive side. Bitcoin in recent months haven't come across big news to have negative or positive impact which is why the market is moving in a stabilized manner. Lets see what 2024 can bring.
419  Bitcoin / Bitcoin Discussion / Re: I'll always tell people about bitcoin on: July 28, 2023, 11:59:55 PM
As for me I'll always introduce bitcoin to people because it is money, people needs money for better life.  It is my duty to tell about bitcoin to people and it is their decision to invest in it.
This is me when someone asks about bitcoin, but i never and will never initiate to tell people about bitcoin especially in investment because i don't want to be blamed when their investments failed. They will just ask what coins are your holding now or i'll just ask a question something did you buy xx coin? It did great just past few weeks. But i will never tell them what coins they should buy when to sell/buy for the same reasons.
This is true. People always stay positive and wants good return. With crypto investment we can't be sure of the market move happening the next minute. When our suggestion brings good money the credit will be taken by the individual just for investing their money and when the predicted growth didn't happen the blame comes upon us.

I personally give them the basic understanding about the existence of bitcoin and cryptocurrencies. Further if they are interested they used to ask more information regarding to it. Further the choice of investing is theirs and I never get into it.
420  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: July 28, 2023, 11:49:28 PM
Just think of a situation that there is no money involvement into gambling. What will be number of people using it, for the purpose of fun or to get excitement. It is all about the money that is connected with the gambling activity that lets you to be more interested into it. Everyone are into gambling for money except few people who have got sufficient money, but for some sort of thrill and excitement they've tasted in gambling. Anyhow the money making process depending on luck is another factor that makes people show much interest, if it is much about learning and executing maybe there'll be less users around.
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