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401  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin the best asset for investment currently? on: April 12, 2024, 03:36:32 PM
In the case of bitcoin, for example, history shows that people who bought bitcoin regardless of the price at which they bought it, if they held it for at least 3 to 5 years, then they didn't lose anything, on the contrary, they made a profit. an example of this is that even people who bought bitcoin at $69,000 3 years ago and didn't sell when the price of bitcoin fell to $15,000, today they are in profit because the price is above $7,000
You mean if you invest $1000 in bitcoin for $69k and after 3 years bitcoin is worth $70k, and you consider this a success that bitcoin brings? I really don't understand what your business plan is here, but for me this is the biggest failure if I were the one making this investment. Because meanwhile, if I use this $1k to do other traditional jobs for 3 years, I will definitely earn x2 or x3 that amount of money. And I won't have to endure the mental torture of watching bitcoin drop to $15k.

The best investment is the one that gives you the highest returns, and whether you make good returns or not depends on you, not on bitcoin or any other asset. Even if bitcoin is the best asset, if you cannot make good profits from it, what does it mean to you that it is the best? For me, bitcoin would be useless in that case too.
402  Bitcoin / Bitcoin Discussion / Re: Hodling or selling? on: April 12, 2024, 03:21:50 PM
If they manage to HODL when Bitcoin hit the ATH, why couldn't they resist it now that the price drops down?
They didn't take profit before when it was a bit higher compared to the current price, so we could guess that they are still planning to HODL (for those who didn't take profit on the ATH).

When bitcoin price increases, most people will not sell bitcoin because they expect higher profits . But when bitcoin starts falling in price, and if the price drops too much, it's inevitable that people will panic . Maybe many people will not take profits but they will be willing to cut losses to avoid further losses, and this is common with most investors. What you say sounds simple, but when you fall into that situation you will see that it is not as simple as you think .

Not to mention as OP mentioned , if your investment capital is only 1 to 2 thousand dollars then you will not panic but if your investment capital is 100k to 200k then you will understand how terrible that feeling is.
403  Bitcoin / Bitcoin Discussion / Re: The Richest Crypto And Bitcoin Billionaires In The World 2024 on: April 12, 2024, 03:10:09 PM
This is just a list of names whose income can be tracked easily. There are many others whose income is difficult to track in different parts of the world which would make this particular elite list even more extravagant.

If BTC and the crypto market keep rising in value over time, this list will keep getting longer while the reverse would happen if BTC and the crypto market keep falling in value.

They are known as crypto billionaires because most of their wealth is earned from the cryptocurrency market. But I believe that once they become rich and diversifying their assets is something they never forget. Even retail investors like us are aware of the risks of the cryptocurrency market, they would not be stupid enough to not be aware of it. So, I believe that those who have become rich through cryptocurrency so far are not sure that all their assets are in cryptocurrency.

Personally I will do that too, after this bull season I will leave only 20% of my assets in crypto, the rest I will invest in traditional businesses and that will bring gives me more security than concentrating my assets entirely in volatile markets like cryptocurrencies.
404  Bitcoin / Bitcoin Discussion / Re: Excessive Bitcoin fees on: April 12, 2024, 02:58:59 PM


Nevertheless, for me this is just another temporary hiccups to all of us and we should bear with it. This won't last long as we have seen last year and then gradually back to like 6-10 sat/vB (in my view this is bearable to most Bitcoin enthusiast).
High fees are bad for Bitcoin. Mempool is getting spammed by ordinals and normal users are not able to use Bitcoin. So frequent high fees are not temporary anymore, it has become a habit, it's already unstable, one day you wake up and fees are low, another day you wake up and understand that you can't move your coins because fees are out of this world.

Yes , perhaps we need to adapt and get used to high fees because this is no longer a temporary problem but is becoming more and more frequent . Think about what would happen to transaction fees if more and more people joined bitcoin and more transactions were made ? Sadly, until now there has been no truly effective solution to overcome the transaction fee problem, we have to really adapt and live with this reality.

This reminds me of people who are dreaming of bitcoin becoming a currency in their country , are they willing to use bitcoin to pay their daily bills and pay an extra $5-$15 per transaction?   
405  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 12, 2024, 02:56:17 PM
LSG vs DC ongoing at the moment. I placed a bet on LSG primarily because of their great bowling lineup despite Mayank getting injured while DC has become stronger too by replacing Nortje with Mukesh Kumar.

Another area where LSG is better than DC is the fact that they bat deep which is something that DC clearly needs to work on asap.


Delhi are likely to see their second win today. LSG won the toss and elected to bat. But due to the excellent performance of the Delhi bowlers, LSG team is now under a lot of pressure. LSG collected 66 runs in 7.4 overs. The run rate is not too bad, but the team has already lost four wickets. While the two openers batted somewhat well, Padikkal and Stoinis did not bat well.

Kl Rahul is batting responsibly. He is unbeaten with 32 runs off 16 balls. LSG can provide big targets if Kl rahul stays at the crease. KL Rahul has the ability to play big innings and bat at a smart strike rate. However, Delhi bowlers have been bowling very controlled so far. If the team can continue this trend then maybe Delhi will be able to win.
406  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: April 11, 2024, 03:28:34 PM

Quote
Michel’s Girona side had been challenging for the title earlier in the campaign, but he believes that they are firmly out of the race now. Míchel said,
For the Champions League, the big three are our direct rivals, but not to win the league. To win La Liga, the rivalry is between Barcelona, Real Madrid and Atletico. The rest of the teams have to fight for other things. We’re in a fight that nobody expected and, on our own merits, it’s the Champions League.
source: https://www.football-espana.net/2024/04/11/michel-sanchez-on-gironas-incredible-feat-as-european-qualification-now-one-win-away

Will Girona be able to overtake Barcelona?

I think this is a question that is in the minds of a lot of players and people as well. The Barcelona team is probably not going to perform very well because of all the problems that they have. Even though they are in the second position, there is a chance that they will not be able to consistently win till the end of the season. And I think that is something the team will count on. Otherwise, it is going to be a problem for them. For Girona to finish in the second position, Barcelona has to lose.

By the way, Girona has some hard matches to play in the rest of the matches that they have to play. So probably Barcelona will finish in the second position. But we all know, Barcelona has problems of their own.
407  Economy / Speculation / Re: Will BTC go back to $40K - $30K range before a bigger rally? on: April 11, 2024, 02:56:49 PM
There is this hidden reversal pattern that Bitcoin is forming on the daily time frame, And when this is formed in the major area of resistance, it 70% of the time causes a reversal in the price of an asset, and if this plays out, this will see Bitcoin go retest $64k, a support zone of the wedge pattern that saw the price out yesterday and failure to hold that support, we will see a continuous melting down of the price of Bitcoin down to $60k-$58k, Where I see a major area of support for buyers to step in and to try to push the price back up; however, we don't know what pre-halving and post-Halving entails.

What are your predictions based on? Can you provide a chart and indicator where you think we have a hidden reversal pattern and the possibility of bitcoin dropping to the $60k area?

Personally, I'm not good at technical analysis but I see things as supporting a short-term uptrend and the odds of us hitting a new ATH are higher than the odds of us falling back to support like you said.

Regarding bitcoin correcting after halving, I will support you because nothing goes up forever. But I believe that Bitcoin will continue to make new ATHs and will only correct after the halving, and it will also be a significant correction in preparation for entering the biggest growth wave of this cycle.
408  Economy / Speculation / Re: Fulfill your dreams from Bitcoin, on: April 11, 2024, 02:47:48 PM
-.-

Which country are you from? I was quite surprised to see that real estate and housing in your country are quite cheap compared to my country. I am also planning to buy land and build a house in 2025 when I will sell my bitcoin and crypto assets when they hit my target. But the price I have to pay will be much higher than yours and that is the reason why I still cannot realize this dream of mine. To be able to own a house including real estate, it costs me more than 100 thousand and that's why I don't want to sell my investment soon. Currently I have enough ability to realize my dream, but if I do so I will have no capital to continue investing so I decided to wait a little longer. I hope to soon achieve my dream so that my wife and children can have a real house to live in.
409  Economy / Speculation / Re: Good news= up in price while bad news = down in price. on: April 11, 2024, 02:38:12 PM
In my opinion, I think actual events play a bigger role than news. Of course, I agree news does affect the price of bitcoin but it's mostly only for the short term. If negative news comes out and the news somehow is related to the financial, economic market, or crypto market, it might affect the price, but it would quickly recover and correct itself, same thing applies when it's positive news. We saw what happened when news broke that a big whale or the US government was about to sell its bitcoin, or a big exchange was being sued, the price dipped but it recovered quicker.

Then imagine an event like FTX crumbling, or the ETF approval and a halving. We can clearly see that these events have a more lasting effect on the price of Bitcoin than a rumor or news. These factors affect demand and supply more and that is why they have a longer effect.
In my opinion, if we are a trader, paying attention to news and macro events is extremely necessary. If we are long-term investors, I don't think this news is necessary because it only shows the short-term impact. In the long term, bitcoin has almost only one main trend: up and only up.

In addition, I don't trust news or events too much, I think everything is just being used by market makers to manipulate our psychology. They use news, FUD, events... to manipulate psychology and legitimize their manipulation in the market.

Invest in bitcoin and if we always pay too much attention to these things, we can easily fall into the traps of market makers because they will always find ways to make us sell bitcoin at cheap prices. As a bitcoin investor, I think we should just focus on holding and only sell when we reach our goals, and we should ignore everything that is spreading in the market.
410  Economy / Speculation / Re: I'm curious about your thoughts on when Bitcoin might hit $1,000,000 on: April 11, 2024, 02:07:04 PM
It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.
That's a possibility because we can't know what might happen in the future, however, even if there is no other asset or technology created that surpasses Bitcoin and its popularity, it would still not be easy for it to reach $1m because for that to happen, Bitcoin would need a lot of adoption and a huge inflow of investments because the price only increases when there is high demand and that demand would only make it go that high if there are more and more money being invested in it.

The current market cap of Bitcoin is a little above $1.3T when the price is around $69k, so for it to reach a price of $1m, it will need to have a market cap of more than $18T or something and that is huge. So, we might not be able to see that happening very soon even though it might not be impossible.

Many people only look at bitcoin supply and price to make paranoid predictions, and they never think about bitcoin's capitalization. It took gold more than a hundred years to reach a capitalization of 15 trillion, and the stock market is the world's largest financial market with a total capitalization of more than 90 trillion. It is an illusion that many people think that an asset that is not widely popular or has not yet been accepted worldwide can reach a capitalization of 18 trillion USD. You're right, it's not going to happen anytime soon and at least in our generation, it's not likely to happen.
411  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: April 10, 2024, 05:59:12 PM
I'm 100% believe Liverpool will win, the match will held in Anfield, Atalanta were lose against Cagliari and Fiorentina, it's really shameful for Atalanta can lose against mediocre teams. I predict there will be many goals, probably 4-1 favor in Liverpool.

Two competitive matches are Benfica vs Marseille and Milan vs Roma, the other one Leverkusen vs West Ham, it will be easy match for Leverkusen.

I'm just going to enjoy it when this quarter-final match is held, whether it's Liverpool, Leverksusen, or others, the result is not yet certain. we only talk based on statistics and data, in reality the results will be known after the fight is held/finished. Likewise for Liverpool, it is not certain that they will win the match smoothly. even though on paper, several teams are favored to win the match.

Of the several matches available, I am interested in betting on just one match, namely, AC Milan and AS Roma. but I won't review it today, I'll do it tomorrow anyway. so, let's just follow every development and at the same time look for important information for the matches I marked.

@Plaguedeath This is going to be a competitive match in the Europa League in my opinion. Both of the teams would definitely like to win this match. But the other thing is, both of them also have to concentrate on their domestic league. Liverpool has to give a lot more importance to the English Premier League. Because they have a real chance to win the English Premier League title. the competition is very high though. so I don’t know if Liverpool will actually be able to concentrate too much in this Europa League competition. Let’s be honest the competition of the Europa League is not as glorifying as the English Premier League at this moment. So I expect Klopp will rotate some players for next match against Atalanta, and keep the core team as strong as possible for the Premier League.
412  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: April 10, 2024, 04:13:20 PM
empoli 3 - 2 torino[/b][/color]

As for Torino, I also hoped that they would be able to win but unfortunately they lost, Empoli has been a team that when they play hard they are strong and Empoli came into this game with a sequence of 4 games without winning and they were very lucky to win the torino. With this victory, Empoli moves a little further away from the relegation zone

This was a result that I genuinely did not expect. I have point out is that the goalkeeping from both the teams were really bad. well not only the goalkeeping. The defense from both teams were also equally bad in my opinion. They were unable to defend worth anything. Every time any attacking player was approaching the final third, it looked like it was going to be another goal scored. Because the defense kept backing up and backing up. And for both teams the attackers actually got free space. Massive win for empoli. I think they will have a very good chance to stay away from the relegation zone. after so many losses this was really good result for them.

If I talk about Torino, it is really badluck to conceded 3 goal to a team who has not any win last 4 games. Juric could have played Vojvoda, Sazonov or Lovato in Tameze's place role, I mean right back position. Juric needs to rotate some players to keep their position standard.
413  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: April 08, 2024, 04:28:36 PM

Quote
Liverpool will meet the agent of Ruben Amorim next week, and try to reach an agreement on personal terms.
The Portuguese coach wants to takeover Jürgen Klopp.
Source: https://x.com/DeadlineDayLive/status/1777027550847373559

I personally think that it would have been better for Liverpool to actually go for some other coach. To be honest I thought they were going to go for Xabi Alonso. But just because they are meeting someone doesn’t mean the deal is done. I just hope that Liverpool will make sure that the next coach will be able to bring as much success as they had with Jurgen Klopp if not more. And I doubt very much that he will actually be able to bring that success for Liverpool. Alonso is probably a perfect replacement. But of course, it is not as easy as it sounds. Alonso is probably dreaming of managing Real Madrid and that's why he might stay another season in Leverkusen.
414  Economy / Speculation / Re: I'm curious about your thoughts on when Bitcoin might hit $1,000,000 on: April 08, 2024, 01:33:11 PM
Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.
We are on a speculative market
We are on a random/unpredictable market

So everything about speculative approach and number sayings is something could be considered be valid. It is really just that it would be that realistic or something which is not. Although
we cant really be able to point out if its really that possible or not since we do know that this market is really that truly unpredictable. It had made out that tons of situations or moments that shocks us or
having that surprised us on the things that we do least expect for it to happen.

We've been able to see those numbers on whom we thought that it cant be just possible but look at on where we are now? So this is why in speaking about $1M per coin
is something that could neither happen or not, but pretty sure it would really be taking a couple of decade before reaching on.

Yes, I know we are on the speculation board and people feel free to make their delusional predictions, bitcoin reach 1 million, 10 million or 100 million in the future. But what I want to say is that we should be a little more realistic and slow down a bit, enjoy what we have instead of dreaming too much. Because sometimes we set our expectations too high but then things don't turn out as we expected, we will be filled with frustration and feel like everything is falling apart. We are investing with our own money so don't let illusions cause us to lose money or lose profits that we could have had.
415  Economy / Economics / Re: considering the advantage of Fiats over Cryptocurrencies on: April 08, 2024, 01:28:15 PM


Are you sure about what you say? Do you mean if someone gets scammed or has their cryptocurrency stolen, you can report it to the police and easily get your assets back? So why do criminals use bitcoin or other cryptocurrencies to trade without being detected by the government? Why can't anyone get their money back after being scammed or having their bitcoins stolen? Why do people who transfer the wrong wallet address have no way to get their bitcoins back even if they report it to the authorities?

If you transfer bitcoins to me now and I challenge you to find a way to get your bitcoins back even if you report it to the FBI or any government agency you trust.
It's not easily to get back your assets, but it's more transparent than banks.

There's a difference between send to wrong address, send to phishing sites and hacked. Send to wrong address means it's your fault, however if you send to phishing sites or get hacked, there's an evidence that you got scammed.

If I transfer my coins to you, the FBI or agency won't recover it because that's my fault.
Bitcoin gives us transparency about transactions, but let's not forget that it also gives us a certain privacy (anonymity). And that's why the government has difficulty tracking down and apprehending criminals using bitcoin.

Being transparent does not mean it will be easy for us to get our assets back if we are scammed or hacked. To date, there have been millions of bitcoin hacks and cases of people being scammed related to bitcoin and cryptocurrency. But how many cases have been resolved? As far as I know, not much because tracking data on blockchain is not as easy as we imagine.
416  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 08, 2024, 11:43:06 AM
The only sign that Gujarat Titans lost this match was the fall of extra wickets. The more wickets fell the quicker the all-out was, this match lacked patient batsmen. Lucknow Super Giants have performed very well, they have performed quite well in batting but they have performed best in bowling. Yash Thakur and Krunal Pandya played a major role in winning this match due to their excellent bowling performance.
LSG bowlers must be commended for Gujarat's loss of extra wickets as LSG bowlers bowled well due to which GT batsmen could not hold their wickets. In some matches, the team wins due to the skill of the batsmen and in some matches, the batsmen of the opposite team are defeated by the brilliant bowling of the bowlers, resulting in the victory of the team with the complete contribution of the bowlers. Just as you blame gt's defeat only on the batsmen losing wickets, you can also appreciate the brilliant bowling of the lsg bowlers. If LSG's bowlers had bowled badly but the batsmen would have stayed on the wicket and if any batsman had stayed for the wicket the score would have been much higher. I hope I have made this very clear in my discussion.


The main reason for LSG's win was Yash Thakur and Krunal Pandya's excellent bowling. Yash Thakur took 5 wickets. Also Krunal's superb controlled bowling put Gujarat batsmen under a lot of pressure and lost the match. Krunal took only three wickets. But he gave only 11 runs in 4 overs. Yash took 5 wickets with 30 runs in 3.5 overs.

After giving LSG a target of 164 I don't think LSG can win this match. Moreover, Gujarat's two overs started well enough. Every batsman in Gujarat's squad is very experienced. Even then, the Gujarat team lost the match by 33 runs. I expected better batting from Gujarat players.
Gujarat have completed two seasons of IPL so far and this is their third season. Gujarat Titans won the IPL title in the first season and lost in the finals in the second season they were successful in the first two seasons. They have good batsmen and they have good bowlers which is why they have done so well in the first two seasons. We should have no doubts about the batting lineup of those who qualified in the first two seasons and played in the finals in the first two seasons. If you don't give credit to LSG's bowlers for keeping such a strong batting line-up to so few runs then I'd say you're not talking from cricketing knowledge. LSG's bowlers certainly bowled the best and bowled economically as well as picking up wickets at regular intervals which is why they bowled so brilliantly against such a strong batting line-up.

Did you not read my post? I also said that LSG won this match only because of their brilliant bowling. If the bowlers don't perform well, LSG won't be able to win this match. Because on this pitch it was a very difficult task to win by giving a target of only 164 runs. However, LSG won the match by a huge margin of 33 runs.

Gujarat's batting order is one of the strongest batting order among the teams in this year's IPL. Sai Sudarshan, Gill, Williamson, Vijay, Rahul and Rashid Khan are all experienced batsmen for the T20 format. LSG bowlers bowled brilliantly against such experienced batsmen. Their bowling was very controlled. This is why the batting of Gujarat batsmen was very slow from the beginning of the innings.

I would say the turning point of this match was Krunal Pandya's ninth over. In this over Krunal pandya took 2 wickets giving only 3 runs. And even after this over, the Gujarat batsmen were under more pressure.
417  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 08, 2024, 04:43:56 AM
The only sign that Gujarat Titans lost this match was the fall of extra wickets. The more wickets fell the quicker the all-out was, this match lacked patient batsmen. Lucknow Super Giants have performed very well, they have performed quite well in batting but they have performed best in bowling. Yash Thakur and Krunal Pandya played a major role in winning this match due to their excellent bowling performance.
LSG bowlers must be commended for Gujarat's loss of extra wickets as LSG bowlers bowled well due to which GT batsmen could not hold their wickets. In some matches, the team wins due to the skill of the batsmen and in some matches, the batsmen of the opposite team are defeated by the brilliant bowling of the bowlers, resulting in the victory of the team with the complete contribution of the bowlers. Just as you blame gt's defeat only on the batsmen losing wickets, you can also appreciate the brilliant bowling of the lsg bowlers. If LSG's bowlers had bowled badly but the batsmen would have stayed on the wicket and if any batsman had stayed for the wicket the score would have been much higher. I hope I have made this very clear in my discussion.


The main reason for LSG's win was Yash Thakur and Krunal Pandya's excellent bowling. Yash Thakur took 5 wickets. Also Krunal's superb controlled bowling put Gujarat batsmen under a lot of pressure and lost the match. Krunal took only three wickets. But he gave only 11 runs in 4 overs. Yash took 5 wickets with 30 runs in 3.5 overs.

After giving LSG a target of 164 I don't think LSG can win this match. Moreover, Gujarat's two overs started well enough. Every batsman in Gujarat's squad is very experienced. Even then, the Gujarat team lost the match by 33 runs. I expected better batting from Gujarat players.
418  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: April 07, 2024, 04:13:27 PM
The result of the first half is no surprise, Manchester United are very poor this season. Liverpool are a better team this season and as expected, everything seems to be working for the good of Liverpool. They are going into the second half with a goal lead. I believe Liverpool will be taking better advantage of their chances in the second half. I hope icopress did not bet on Manchester United.
Manchester united have been lucky to have a free goal due to the error from Liverpool goalkeeper that he gave a shot pass to his defender. The game is now tensed as Manchester united is trying to display some confidence in the match, after the goal scored by Bruno Fernandez on the 50th minutes.
Such an early goal has put the atmosphere into a tensed one. It is now 1-1 draw, and I don't know if this match will be in favor of Liverpool because they are pressuring united right now.
Although Liverpool looks like they still have better quality than Manchester United but still, at this moment Liverpool are still under difficult pressure. So yes, because Liverpool are still in difficult situations and conditions, of course it will still not be easy for Liverpool to win in this away match against Manchester United. Although it is true, that Liverpool are also still able to play well in this match by having good dominance also in statistics. But anyway, in this second half Liverpool failed to maintain the victory they had in the first half because after all, currently the score is 2-1 and Manchester United is leading.


Liverpool are very unlucky. I have nothing else to say except this. In the first half we only saw the dominance of Liverpool players. Liverpool players created many attacking opportunities. But the team managed to score only one goal. On the other hand, in the first half, Manchester United's players did not make any attempt to attack. Liverpool was leading 1-0 at the end of the first half.

Manchester United changed their game strategy in the second half. Bruno's goal in less than 50 minutes equalized the match. And the players of Manchester United started playing attacking strategy. Mainoo's goal in the 67th minute gave Manchester United a 2-1 lead. And 6 minutes left for the match to end. I don't think Liverpool players can score two goals in these 6 minutes. But I still think Liverpool will not lose against Manchester United today.
419  Economy / Speculation / Re: I'm curious about your thoughts on when Bitcoin might hit $1,000,000 on: April 07, 2024, 10:06:00 AM
Currently, Bitcoin reached an all-time high of $73,000. If new ATH is created in the Bitcoin market in 2024 and stays up to $100,000, then in 2025 Bitcoin can reach $100,000 to $170,000. Bitcoin will still have to wait many years to reach $100,000,000. But I think between 2030 and 2036 it could go up to 1 million dollars. As we technically cannot make predictions, I have made predictions with my best efforts, I don't know how successful my predictions can be.

Frankly speaking, the fact that bitcoin can reach 1 million USD or more is just our prediction and expectation, we have no guarantee that it will happen whether it is 10 years or 20 years later.

It is true that bitcoin is becoming a new trend and receiving a lot of attention from people around the world, but let's not ignore the scenario that in the coming years there will be a better currency than bitcoin created and it will surpass bitcoin. So what we should do is enjoy the present moments, don't think too much about things that haven't happened in the distant future. My immediate goal is to still take profits in the upcoming bull season and I will base my next plans on the market situation.
420  Economy / Economics / Re: Poor people need solution now on: April 07, 2024, 09:48:55 AM
We must understand that these solutions won't show effects now. The only thing this class of people can do is to invest in themselves. Invest in their knowledge and this would lead to opportunities, invest time into these opportunities and these would lead to income, invest little of this income over time into assets and this would lead to more income. Invest this little income back into yourself through your looks, health, and knowledge all over again for the cycle to continue and yield results. This reminds of of the vicious circle of poverty which states that " poverty begets poverty" It explains the fact that poor people are poor because they are poor. They can't save all they do is earn little and eat little. If they could just invest a little more it would set the stone and open up the way for wealth to come in.
Yes exactly investment will act as the right guide for the development of not only the poor but also the human being from the existing situation. Since saving and investment are interrelated from my point of view they should save a fixed portion of their income. And since saving in a fiat currency has a strong chance of falling into inflation they should invest in a profitable sector such as crypto-currency. So that a profit from it in the future will come to them and they will not have to face future undesired dire situations and can get relief from the present miserable life. My words may not be consistent for all walks of life but I believe that if we organize our life roughly this way we can deal with serious situations.

Listening to the two of you talk, I imagine that escaping poverty seems too easy and not at all difficult as many people think. But have you ever wondered why there are still so many poor people in the world? By the way, let me ask, for poor people who cannot even afford to buy main family meals, how will they save and invest? In many poor countries, people don't even have jobs because of government corruption, so how will they save and invest? Not everyone is as lucky as us to be protected by our parents, fully educated, have the opportunity to access the internet... there are many tragic situations that we have never witnessed. If you are not in that situation, how can you understand what they are going through?

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