That's just a reflection of how much he won, don't doubt his equal capacity to stupidly spend way too much on stuff and have bills to pay. I predict a fight lined up next year for him just from all the people around him who also want a pay day from it and its too easy not to collect, he'd be a fool to quit that money right now when somehow he gets paid big for not even getting to the top just from already having some fame. I thought he'd get knocked out tbh, hard to predict these fights when proper form isn't there really.
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Big as favorite is bit funny to me, I put down on 3 maps anyway. I guess BIG have been winning a bit more recently and thats why, used to be Faze had so many fans it would sway the odds some. Apeks should win their game also. now I see 13-6 to Faze so I was about right there, its not their map pick either. I put some small bet on Big at 3 to 1
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Alot of luck is needed for the lottery win just like the faucet I figure its hard to get. The low tickets will pop up because there is so many collectively who holding just a small amount every week, so as a group one of them wins more often with seemingly incredible odds to do so. The odds are correct, it is very hard to win with even a thousand tickets. I've gotten near the faucet win but never close enough to really collect much substantial apart from the fact old faucet now count for tons more because BTC rose alot.
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Price is travelling sideways long enough that we have 2 day and weekly averages roughly in the same place. I dont think its breaking upwards especially but first movement on open this Monday is upwards.
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~I think with all the sponsors he will be getting he may be making well over a million dollars along with the guaranteed fees and it will be the biggest payday in his career
Just the publicity will be a win and everything else so long as its a clean fight will help for years forward to gain extra revenue. I'm not a fan but he can easily spin this out to well over a mil, thats got to be the bottom estimate here. Woodley is guaranteed $500k ,so most probably Jake Paul makes at least 1 million in this fight. Nice outcome either way makes me want to bet for a draw but I dont see that available yet its become increasingly likely in these types of non competitive matches. Call it exhibition but seems alot of it is a show not for the prize since we have these nice outcomes for the players anyhow. I dont feel like betting on Paul with those odds for a favorite, I'll just put a small bet down on Tyron maybe he gets angry and breaks the script and/or gets a lucky hit
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That would be like saying the Model T was replaced, the product evolved and I'd expect the mainstream will alter BTC in some ways but not completely. I can see BTC changing its protocol to some extent so long as it improves efficiency and perhaps does so to include latest technology developments. Its never going to change things like being decentralized or other alt coin mutations that arent really advancements. possible replacement of fiat with digital assets FIAT is a digital asset already, almost all volume transaction occur just on paper or more precisely digitally which might be then printed off. Theres no worth in coin literally or even nominally and same is true of printed notes, its not a significant factor especially. This is important part of why most inflation is not acknowledged I think. If the monetary base increased 25% in one year thats your inflation and failure of value in conventional currency. Most wont agree to this view but supply and demand, economic rules true over centuries will weigh against most modern ideas. Someone told me recently government is a capitalist enterprise; I think we have endless wasted energy expended due to the size of government this loss is not acknowledged.
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There wasn't blood on the streets in May, that phrase matches BTC pre QE programs that have occurred in the last year or so and the effects of stimulus fiscal deficits and so on. We had a sharp pullback that was quite fair in comparison to the rise and its bullish that it never really lost the rump of the gains. We'll remain bullish until actual tightening or serious fears of that occur, the FED is quite light touch in view of the ongoing deflationary effects of an economy effected by this pandemic and so on. No doubt we resolve to inflation, thats long term but meanwhile most of the threat of strong dollar appears to not be there.
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100k range is always worth a little bet, you never know if Dollar might have a crisis of some sort and spike crypto; unlikely but not impossible for BTC to spike some even think it can be a hedge. I think we go sideways for few days at this point, I was hoping price action would break out and it remains positive but its not moving much this weekend and if anything it falls back into month end is possible. I've collected 20k lottery tickets just from wheel spins, takes alot of luck still to register a win but I think RP is my favorite upgrade from spins as normally I would not accumulate enough to do much.
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The big red flag there is when they say crypto they are including centralized digital currency, since the dollar is already digital and centralized we wouldn't be doing anything different. People have been anticipating the Dollar not being the primary global reserve currency since Nixon shock of '71 and its still here. What happens next will only be a surprisingly 'seismic' if we are no longer relying on FIAT or centralized authorities to dictate value and policy. So the IMF will likely release a 'crypto' as well as many other agencies private and public, that wont move us on especially apart from lessening dollar influence; it will still be politics not capitalism or people in control of economic value. The agreement of Bretton woods lasted about 25 years before 'sort' defaulting and its been 50 years nearly twice as long since then in a steady decline that has made the common working man worse off every day. I dont know what happens next but we arent getting a proper crypto ( ie. non fiat) system easily or in a rush I expect
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If its going to make a new high I do think it has to fallback before then and check volume in these areas. So the ATH down to 47k is the higher range for 2021, that patch of volume must be checked and confirmed before genuine higher prices occur. Even before that we are in the process of wavering about the 200 day average, I dont see it right now but its possible for example that we fall back to 50 day average first. So 47k down to 29k is a big area to call out but that would be the 2nd tier of higher prices registered in this year (in weekly or longer term view), I'm waiting to see if we have finished with this range yet or not.
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People who panic to buy, panic to sell also I figure so I'm waiting to see weakness tested. Lows this week were about the 200 day average which is an indicator not support by itself, we'll see if that was enough to end any negativity going forward. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAfO5d.png&t=663&c=ALk9IIn2ekLYYQ) This is just an idea but if we are to close below the trend (weekly closing bars) and it proves significant then we should move down more then just a little. Of course BTC always wants to prove me wrong or quite simply go sideways for extended periods of time which is about the same thing. I'm told markets can correct not only through price but also through time meaning a trade can just out last out all speculators and eventually go upwards anyway despite displaying weakness at some time previous. Thats because many buyers deliberately spread out their buying to avoid spiking the market. Anyhow I think we remain strong but I want to watch for this break scenario just in case.
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Its going to drift up over 50k this weekend seems like, its now passing the weekly average without much hesitation and weekends are very often relatively bullish compared to the back and forth that exists during working weeks with higher volume also. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAfe25.png&t=663&c=5--G9RB23WcCiw) Best clarity will come on 4hr bars confirmation but seems like we repeat the recent higher prices seen.
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I really don't care about the price of Bitcoin since 0.0001 BTC is still 0.0001 BTC Thats the best attitude to have long term, USD or other FIAT currencies are in decline without doubt. That also means its better to lose dollars then Bitcoin so I'd be more cautious on BTC focusing in that way. The fees on the Ethereum network are likely to always be high.
Then we can no longer expect that ETH is good for gambling as a payment method. ETH fees could drop in time to below a cent if POS works as efficiently as possible. ETH is a gamble itself, I spent ETH last year to win a BTC gamble and even though I won I slightly regretted using up the ETH just before it rose even more then BTC has done which almost nobody expected.
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We've past 200 day average but it has a gravity to it, we have to at least confirm price action as remaining above on daily and weekly bars. Thats part of why we pull back now though it appears as weakness right now its also nessecery to gain higher prices later over longer time frames.
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Flat numbers dont matter, price varies in every countries currency globally. Main thing is the market moves in waves and part of that is the price receding from speculators taking profits, paying off their leverage and so on. It will always be like that to some extent, I just want to know how much of a pullback. The 200 day average seems the easiest target, we've tested and now passed below the weekly average price. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAf012.png&t=663&c=f-g4t3jENcS7JA)
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Yep its not FOMO froth action, its more steady then that and we are still moving through the slow moving traffic of prior volume at these price ranges. When or if we get free of any restraint then things become a little loco most likely which is rollercoaster type action but this isnt quite it. We are recovering from a pullback to weekly average and just regained 2 day average and rising above that still.
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There is risk everywhere in every asset, the main problem people might overlook is liquidity. If you have the value to spare over an extended period of time then BTC is a reasonable hold but I wouldnt say its without risk. Invariably we will get sell offs because of cash calls where the market tightens but the main thing of note right now is exceptional easing by the Federal reserve gives us very weak currency and BTC is not likely to go down during this. When times are rough, things will not be quite as assured yet I think currency has no return on its value lost now and future imo.
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Just realized I was on an old page of the website when buying FUN and locking for 30 days it said 45% as per the offer but that has expired so it came back with 10% confirmed which is the normal rate I suppose. Didnt think of that one, I only just missed it by an hour so explains the confusion and lucky in any case 30 days and the amount I locked was just minor bits for fun :p
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another explanation for the data we are seeing? Data always has multiple explanations as to its interpretations. The poorer people become the smaller size property they likely reside in, if Im stuck in the house all the time I'd consider going out to gamble at any venue a more reasonable distraction. If I were a millionaire who built a perfectly air con palace with all the things I could ever want I'm far more likely to phone in the bet and watch it on my big screen. I think thats quite reasonable, lots of drinking establishments near the poorest part of town I guess. Quite often its more profitable to serve the many then the few.
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Coding for anything involving cash transactions will be done in a black box manner where interlinked modules are each assembled independently without direct cooperation by a team spread out in their development and this is to avoid compromise to the project by any one person having control of the overall process or the ability to put in a back door that would give a pay out of some kind. I'd say that kind of process is probably used in a few different sectors, banking, gambling anything with alot of safety and double checks required etc.
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