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4061  Economy / Speculation / Re: Bitcoin price with a 4 year cycle? on: August 15, 2022, 10:54:51 AM
what if the 4 year cycle of Bitcoin and cryptocurrencies changes?, indeed we still don't know because it is still like 2018,
and the determination is if the price of Bitcoin drops below $15k of course everything will sell Bitcoin and create panic,
and maybe 4 year cycle will change, hopefully not!, because we still believe Bitcoin can go to $100k
basically bitcoin didn't really hit $100k in 2021 yesterday where a lot of people thought a 4 year cycle would push on that price but sadly it didn't happen, mid last year the price slumped the same as the middle of this year so think positive to continue the next ATH without another 4 year cycle

I would say it's because some entity try to push that hard last year, that bitcoin will breach $100k base on some price modeling. So now we are back to basics, I mean the price tank after that, went as low as $17k and we still didn't think it will the lowest low in this bear market.

So maybe in the next bull cycle, we might see $100k and with that, the trend will continue, unless there is some changes along the way. But I highly doubt it, 2017 and 2021 is bullish, and then the next run should be in 2025.
I also doubt that 2021 we have really reached ATH or not? sadly it didn't really hit $100k as expected maybe ATH might actually be there some other time, when people believe that 2021 will hit ATH and people start to believe the cycle is working, of course there won't be a price correction in mid-2021 until the price falls when that, although it's just my speculation but we will see in some time not necessarily in 2025 it will reach ATH maybe earlier or in the near future

Again, you just have to look at the cycle itself, the block halving will be sometime in May 2024, so that will be biggest event as it will be the catalyst, the fuel for the bull run that we are going to witnessed and it will last till 2025. The only contention is how far the bitcoin bull run is. And as obviously, we have speculated that it could be in the $100k range bare minimum. So for me and this is based on the history of bitcoin that 2025 might be the bull run and it will be the biggest so far.
4062  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: August 15, 2022, 10:21:25 AM
TNT is sitting on a good position already, that’s a good rest after the tiring semi-finals, and with the one last showdown with Meralco and SMB, they should both go all in and prepare for the game in the most anticipating game 7.

Too bad for SMB for letting Meralco to get a momentum against them, they might be able to complete a good comeback and go for the finals as well. We are witnessing a great basketball series with a lot of twist, I see Meralco to be more good in their next game.
SMB Tried their best to win but Meralco are more dedicated and really focused on winning, kudos to their winning strategy and probably be more active on Wednesday because its their one last shot to be on Finals again. TNT won and have a lot of time to rest and do trainings as well, they should not be over confident though because whoever wins between Meralco and SMB, this will not going easy for TNT so better for them to stay focus as well.

Too bad for SMB they still have to battle with Meralco while TNT is already resting and have a better chance to scout and create better offense and defense against whoever comes out of this series.

I am in favor of SMB, but I think we cannot really tell who will win in game 7 after how poorly SMB protected their lead in game 6. If they are not careful, Meralco might snatch this series from behind.

Anyway, whoever wins this series, we will have an exciting Finals series with TNT.

Yeah, same here, I want them to go the finals and face TNT and I think they are even matchup.

I guess SMB will have to adjust their game, they can't just let Meralco takes over just like in game 6. Again, defense will be their key and I think they have the experience to do it, they just have to focus and concentrate on game 7. They can't let the Bolts snatch this series.
4063  Economy / Gambling discussion / Re: [Boxing]: Teofimo Lopez vs Pedro Campa - Aug 13 on: August 15, 2022, 08:44:22 AM
Locking this thread,

In summary, Teo Lopez scored a knock down in the 7th round and then continue to plummet Campa forcing the referee to stop the fight.

And then he calls out the other champion, so we shall see if the "Takeover" will takeover this 140 lbs division or Lopez will have a hard time against the best welterweight like the names he mentions after his win.

Thanks again boxing fans and hopefully you made some money in this fight.  Smiley
4064  Economy / Gambling discussion / Re: 2023 NBA Season on: August 15, 2022, 08:05:20 AM
Seems like everything has been a bit calm later on the trading front. I think teams may be settling in with what they plan to enter training camp with. The season is just right around the corner so it seems like the Nets aren’t going to be making any deals that don’t interest them. We may see a KD and Kyrie team with Ben Simmons to start the year. Talk about awkward…
Too awkward.
Not just that, after all what Kevin Durant said about the management and coaches, how can they even make a good play out of their roster.
Everything might become an isolation play with KD being the offensive guy and Kyrie the same. I don't know though what Simmons would do with all that is happening in that team.
It's sucks to be part of this team, that must be what the rest of the roster be feeling right now.
Before, they are trying to force themselves to be "in" it, now they may want out.

Too awkward that we may see more drama from this diva at the start of the year, and the Nets crumbling down to the cellar in the East. And that might force the trade to whatever players the Nets will get just to rid of this toxic players hehehe.

No news of the trade, and there are news about the Christmas schedule game

Quote
Bucks at Celtics
76ers at Knicks
Suns at Nuggets
Lakers at Mavericks
Grizzlies at Warriors

https://twitter.com/ShamsCharania/status/1558956643391377408

I'm looking the Grizzlies vs Warriors, this is going to be very interesting after what has transpired during their playoff matchup.
4065  Local / Pamilihan / Re: Coins.ph suspended my account without valid reason on: August 15, 2022, 07:43:06 AM
Possible din siguro na hindi available yung withdrawal tuwing holidays since naka depende sa office hours yung pag confirm ng mga withdrawal request.
Oo posible kasi nga office hours sila nag-ooperate. Kumbaga may karagdagang choice tayo kapag matripan lang din natin.
Yung lang kumbaga mahihirapan tayo mag cash-out during holiday season lalo na kapag Pasko or Bagong Taon since pati si coins.ph kadalasan offline or maintenance yung cash-out nila tuwing holidays.

Anyways, na-curious lang ako, naencounter mo na bang magkaroon ng issue sa cash-out or hindi na-approve yung cash-out mo? Kasi minsan ko na na-encounter yung gantong scenario sa coins.ph at need pa ifollow up sa kanila para macredit.

Yes, it's either nag fail yung cash out ng 3rd party at hindi ito problem ng coins.ph or matagal dumating yung SMS sa inyo.

Sa first case, wala talagang magagawa kundi maghintay ng 3 days bago mabalik sa coins.ph account tapos ulitin mo na lang ang transaction at hopefully pumasok. Or minsan coins.ph na mismo ang magpasok sa account mo direcho at i notify ka na lang thru email.

Sa second case, follow mo lang sa coins.ph support at sabihin na hindi dumating ang text message o yung 6 digit na code.

Basta agahan lang talaga natin ang pag withdraw, alam naman natin na mga 3rd party to at hindi pwede agaran rin at pagnakaproblema at emergency pa naman, ang laking sakit ng ulo talaga.
4066  Other / Politics & Society / Re: High inflation is causing GLOBAL protests on: August 14, 2022, 11:32:48 PM
The COVID-19 pandemic only takes as much blame as the bad government policy does. The lockdowns weren't required, the money printing wasn't required either. The government could've taken mitigation efforts without shutting businesses down and causing entire industries to be shut down. Inflation effects the poor the most, so I understand why there are global protests. My point is, the anger should be directed at the government officials who decided they had the authority to cease any "non-essential" economic activity.

Of course. Governments' policies is what has mostly impacted the economy in the first place. Constant money printing and heavy spending has led us to the point where we are right now. The Russia-Ukraine war made matters worst, so it's going to take quite a while before things go back to normal (if they ever will). I couldn't imagine an scenario where hyperinflation would destroy Fiat in its entirety. If that happens, then we'd be doomed.

My guess is that either we'll return to the Gold standard or switch to the Bitcoin standard altogether. No one can predict the future so we can only hope for the best. Just my opinion Smiley

Or better yet, bitcoin invest is the better option to fight this inflation. As what we have been teach, at least save 6 months of money as buffer, in case some kind of emergency sets it. But the pandemic is very different though, no one was ready and it 's effect still lingers despite it being controlled now. So our money is useless and it's better to invest it somewhere like bitcoin or gold, or even diversify to stocks. We don't want to get caught in this inflation, so we need to react.
4067  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Will Not Devalue To Zero on: August 14, 2022, 11:10:17 PM
bitcoin and Ethereum are the basic of cryptocurrency coins and I don't see them going to zero as much as I believe that bitcoin will not plummet to zero I also does with ethereum also. Those two coins have been there since inception and they are the most safest coin that I can advise anyone to invest in in my opinion, most of the altcoins that are now having their own blockchain started from ethereum before they migrate to their own personal blockchain, ethereum is really a strong project it can't go to zero

I support this position. It seems to me that something very catastrophic must happen for ETH to collapse to zero.

The most likely scenario is that it turns into a centralized currency and thus loses its decentralization and thus its users will gradually abandon it. I know that the applications that are developed on the network using smart contracts are numerous and supported by powerful projects but this is not enough to support the network.
What happened with the Luna network provides a clear example, and applications have been able to migrate to other networks to avoid collapsing as well as developers abandon network support and update.

Yeah, but when Ethereum shift to PoS, they might, at a certain level loses that decentralization? So it's a argument of PoW being not environment friendly against PoS which they might lost decentralization.

But in any case, it is done already, they are moving to PoS, there merger has been successful in testnet. And I'm also in the majority that  Ethereum will not be devalue to Zero. It's too big already, maybe have invested a lot of money, like 32 Ethereum to become a validator.
4068  Bitcoin / Bitcoin Discussion / Re: Expect The Bear Season. on: August 14, 2022, 10:55:26 PM
Yea yea, let's scare people with gox coins once again.

I can find numerous past articles that tried the same thing. In November of last year which was like 10 months ago the articles were pointing to the distribution starting in a few months.
https://markets.businessinsider.com/news/currencies/mt-gox-bitcoin-settlement-payouts-9-billion-dollars-early-2022-2021-11
Maybe it will happen by the end of the year, maybe not.

AFAIK they will be sending people fiat money not bitcoins so they will sell these, but I doubt they will just dump it all on one exchange. That would be foolish and would mean losses for the people who are supposed to be paid back.

Here is the official document so that everyone can see,



https://www.mtgox.com/img/pdf/20220706_announcement_en.pdf

So it's either the recipient has choice of lump sum repayment, cash, bitcoin and or bitcoin cash.

Chances are there will be will availing of the lump sump here, and maybe few on crypto as they have suffered enough of waiting for years. And with that said, cash will be the better options, unless they still want to go to and hold their bitcoin and or bitcoin cash in this bear market.

And there is also an assignment, meaning not all claimants will get everything at the same time (cash or crypto). Going to be a slow process for August up to the end of the year or when all payments have been made.

And thanks to this kind of FUD, members are now well aware as to what will go down to this Mt. Gox repayment program if it has an effect on the market to put it below the last lowest low of $17,500.
4069  Economy / Gambling discussion / Re: Casino can play a role in changing fortune? on: August 14, 2022, 10:36:13 PM
Smith has been smart and invested gambling profit in business instead of going for more profit on the same day.  Usually gamblers leave casino after losing every single $ and don't want to take profit due to being in illusion of unlimited chances to win money.  As counter argument to encouraged story,  many gamblers sold their business to win the amount they lost on the casino.  It depends on luck anyways.

I guess it's more of self control on his side, he brought an amount of money and perhaps in the beginning he has a target returns. And if he get to the point, exit, with the money go back to his company and then reinvest what he had just to make the company afloat for the meantime. And he is a business savvy because he was able to let his company survived that time and still now standing as one of the biggest company in the world. Feel good story, but for sure majority of us who tried to gamble have lost every dollar.
4070  Economy / Gambling discussion / Re: [Boxing] Crawford vs Spence on: August 14, 2022, 10:19:21 PM
Dan Rafael is a good source, as he is a legendary boxing writer, and let's hope that what he leaks in true though. I mean we all have been speculating this fight for months now and hope that it will happen in October, the first date that circulated. And then there is news blackout from both camps although we have seen Showtime Stephen Espinoza and even Crawford himself going into the public and giving some updates, but still it's not that clear. So again, good to hear that there is progress, but we will have to wait for the final announcement.
4071  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance want the best for crypto space on: August 14, 2022, 12:05:59 PM
The hacker acted like an idiot by not using the mixer, but Binance and CZ did their job like a successful cop. That's why Binance and CZ deserve congratulations. As cryptocurrency users, we should thank them. They have done a beneficial job for our ecosystem.

Well he is so brilliant that he was able to stole that $500,000++ from Curve. Nevertheless as all eyes are watching with his address and he thinks that he is invincible and depositing it to Binance without mixing it, then that is his donwfall.

So almost all the money has been gotten back already and maybe the rest will definitely be retrieved as there is no way that the hackers can't move it without anyone noticing about the remaining stolen funds. And it will be complete if he will be caught and send to jail.
4072  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: August 14, 2022, 11:43:43 AM


Result of the fight for

Teofimo Lopez VS Pedro Campa ROUND 7 KO/TKO - Teofimo Lopez win,

I don't really want to say that this fight is fixed but after seeing that fight pretty much it was a one-sided match, Tiofimo Lopez Speed was really creating that volume of punches, and he is really moving and punching at the same time, it was really meant for Teofimo Lopez to get this win, it was like Pedro Campa was set up for this fight, cherry picking him to be eaten by Teofimo Lopez, and on round 7 because Campa is taken so much punch to the face from Lopez the referee had stopped the fight and Lopez have won this fight via KO/TKO,

It's far from being fixed Lopez is just being the take-over guy he's fast powerful and too talented for Campa, Campa is doing his best but he's not in Lopez's league let's give Teofimo the praise that he deserves, we have just seen the old Lopez form and style I think he can beat Josh Taylor or anyone in that division and he can give Tank Davis a run for his money the way Lopez fight, Lopez has matured as a boxer with this fight.

It's more of a cherry-pick fight for Teo Lopez, so that he will look great and bring back his confidence after his defeat to Kambosos. And you can see in Campa's record that all of his opponent is not even close to what Teo have been beaten. So this is like a mismatch, a A-level class fighter against lower tier. For Campa's side, this might be his biggest paycheck in US dollar so even if he losses this fight, still a big privilege for him to fight in US soil.
4073  Economy / Gambling discussion / Re: 2023 NBA Season on: August 14, 2022, 11:23:29 AM
I'm not sure the warriors owner or GM cares about the salary cap. They were over the cap this year and paid the luxury tax I believe. It's really just a matter of do they value Draymond and I think they do.

Maybe the Warriors value Green, but I doubt they will ever be ready to offer him a max contract. Honestly, I don't know exactly how much the Warriors paid the luxury tax this time. However, if the Warriors' owner and management hadn't really cared about the salary cap, they would've tried to keep the entire championship roster by satisfying the requests of some of the players who already left the team during this offseason.

I think the bottom line on the Green situation is that Curry wants them to offer Green the max, so they probably will.  Does he deserve it?  Probably not.  Maybe for what he's already done for them, but going forward he is most definitely not a max player.

Green also made news today by saying that Carmelo Anthony is a better scorer than Kevin Durant.  I doubt even he believes that, but maybe he's trying to sweet talk Anthony into signing a 1-year deal with the Warriors.

Even time Green open his mouth since he had that podcast, he always like try to make controversial statement or something. And it is obvious to hype his podcast so I will take everything with a grain of salt moving forward on everything he will say in the public.

And I think we all agree that Green is not a max contract player, specially that his plays are built around the Warrior system and that he perfected that. So it will be interesting to see him with other teams, make new adjustment and see if he can still perform like what he is doing as a Warrior.
4074  Economy / Gambling discussion / Re: [Boxing]: Teofimo Lopez vs Pedro Campa - Aug 13 on: August 14, 2022, 10:31:11 AM

This has got to be to most lifeless fixed fight I have seen. He knows Campa is no match against him but he wants to make it look like Campa is pressuring him in the corner. Teo makes it look like he had fought someone from a top class when in reality Campa is a 4th class fighter. Did any of you ever bet?

Agreed. Everyone has already known many months before what the purpose was for Teofimo Lopez's father when he agreed for Campa to be Teo's opponent for his return in the ring after he lost the championship to Kambosos. This is another ICO pump and dump scam from the promoters of boxing hehehehe.

Hehehe, as we all expected, Teo will win by either TKO/KO and that's what happen in this fight. And Campa is really not on the same league as Lopez as it was very evident from the first round, the contrasting style, stance, you can its vey different.

Let's wait for him and fight good boxers in this division to see if he can stand with the big punchers in this division. He mentioned a name after the fight, Prograis, that will be a good match and real test for Teo if he can fit in this 140 lbs division. The good thing is that he brings hype already, so maybe there will be fans going to watch now the Jr. Welterweight division.
4075  Bitcoin / Bitcoin Discussion / Re: How many ancient anonymous whales are there? on: August 14, 2022, 10:11:06 AM
Like people who explicitly bought or mined bitcoin with literally zero KYC back in the day when it was easy to do that. And are now moving the markets buying and selling. Is that still a thing or not?

I guess when bitcoin becomes an asset, store of value or even currency, the narrative has change. And then there are world financial bodies that want to control it, imposing KYC's. So yeah, that thing is gone already.

Or have pretty much all of the ancient whales touched an exchange or cashed out?

Maybe some of them haven't touch their bitcoin or cash it out. Others may have done it in succession every bull run, like in 2017 or 2021. Or some may have totally lost their access already, like this guy:

https://www.cnbc.com/2021/01/15/uk-man-makes-last-ditch-effort-to-recover-lost-bitcoin-hard-drive.html
4076  Local / Pamilihan / Re: NBA discussion, betting and etc. on: August 14, 2022, 09:26:22 AM

Baka nga mangyari yan pag nagkataong sabay-sabay silang ma da-drama haha biro lang, siguro di na kakayanin ng management at ni Steve Nash pag mangyari yan dahil halos wala nang matitira sa kanila at mas magiging vulnerable sila compared sa ibang team dahil sa issue nilang kinakaharap.

Pero pag nagkataon naman na magtino silang tatlo pareho ay sigurado naman na mahirap sila talunin at baka nga mam bully pa sila ng ibang team dahil pareho-pareho silang magagaling sa kanya-kanyang role nila.


Mahirap talagang talunin kung seryoso silang tatlo at maglalaro na magkakatulong, kaya lang masyado silang bilib sa mga sarili nila na talagang mahihirapan ang coach na i-handle sila. Biruin mo yun si coach Nash na yung coach nila na talagang nirerespeto sa industriya pero hindi pa rin sila napasunod sa system na gustong mangyari ng coach, may sarili talaga silang mga mundo at ewan na lang natin kung paano pa sila ibabalanse kung sakaling mag stay nga sila sa Nets.

Sa experience naman ni Nash bilang player wala naman talaga tayong masasabi, dyan, pero parang kulang pa sya bilang coach at nahirapan talaga sya sa 3 superstars na hawak nya. Pero hindi nama siguro basehan yun na hindi sya respetuhin ni Durant. Talaga lang siguro na gusto nya na sya ang may control o dahil iba ang pinanggalingan nyang system ng Warriors coach na si Steve Kerr na sya talaga ang alpha ng team at hindi ang mga players na si Curry at iba pang superstars ng Warriors.
4077  Economy / Speculation / Re: Bullish VS Bearish on: August 13, 2022, 11:59:18 PM
I entered this forum because I feel that the potential for bitcoin is huge in the future and of course it will remain the king of crypto. So obviously I don't believe bitcoin will fall to $1100 for now. unless the 10 largest exchanges in the world go bankrupt. I see a bullish trend which will then become new ATH.
That was the mindset. Yeah, we are hopeful that everything went well in the future and that Bitcoin will never disappoint us. Despite of the situation whether it was bearish or bullish, we still invest and risk some money for this believing that we can make a huge profit in the future, not that we think its price will drop and gives us losses. We really think it was impossible as it was not how it looks like.

The only way for bitcoin to fall is maybe if internet is being cut-off, but that is out of the equation, internet can't be stop. Certain countries can block it no doubt and censor everything, but not the world. So yeah, bitcoin might fall in prices but it doesn't mean that it will be doom and will not recover our losses. Sooner or later a bull run with happen, it's that the way market is, there is a period of relatively bearish, but after halving, the price will go on a massive bull run and topping it up with a new ATH. And maybe we are talking about 6 digit figure in 2024-25.
4078  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum (ETH) on Its Way to $2,100, Top Trader Says ! on: August 13, 2022, 11:43:48 PM
Bitcoin hype was real but not for ethereum. I guess let's wait until the release of bitcoin mtgox and see what's gonna happen with the market. If so many holders from bitcoin mtgox wanna liquidate their bitcoin to the market and be careful a significant dump may come very soon. It's going to the 2100 caused by bitcoin was increasing steadily since last week but let's see how long this will be going on. Im bearish with the release of bitcoin mtgox.

I don't see the coins of Mt. Gox having an effect on the market, if it is then it will be just short term. As far as Ethereum, it has broken that $1,900 barrier for x times already. And maybe what I'm thinking is that if bitcoin breaks $25k and maintain it, then Ethereum will reach $2,000 or higher because of the merger. So we will have to see, everything seems to be very positive for now, all coins are green and seems to be bullish in short term.
4079  Economy / Gambling discussion / Re: Your General Feeling After Playing In Casino In the last 10 session on: August 13, 2022, 11:12:13 PM
I voted for Excited To Comeback, hehehe.  Win or lose, we are always looking for the next sessions, sports betting, card games and even slots. Specially if you end your previous sessions with a good win, for sure you will want to come back for more. And then if you lose, well, at least you enjoy but at the back of your mind, you are thinking to make a comeback and recover what you have lost.
4080  Economy / Gambling discussion / Re: 2023 NBA Season on: August 13, 2022, 10:56:22 PM
I'm not sure the warriors owner or GM cares about the salary cap. They were over the cap this year and paid the luxury tax I believe. It's really just a matter of do they value Draymond and I think they do.

Maybe the Warriors value Green, but I doubt they will ever be ready to offer him a max contract. Honestly, I don't know exactly how much the Warriors paid the luxury tax this time. However, if the Warriors' owner and management hadn't really cared about the salary cap, they would've tried to keep the entire championship roster by satisfying the requests of some of the players who already left the team during this offseason.
https://www.spotrac.com/nba/golden-state-warriors/cap/2021/ according to this site, the Warriors owe 170 million dollars for the luxury tax of 2021-2022 season. I'm not 100% sure if I am reading that correctly, but it looks correct.

They also are 71 million dollars over the salary cap for 2022-2023 season so far.

It's obvious they don't care a ton about money or they woulda broke off some pieces before last season started. As long as the team makes a profit on the season, the owner is gonna keep over spending IMO.

And if you look at this stats:



https://twitter.com/LevAkabas/status/1558085896750202880/

So indeed the team owners are willing to spend millions if not billions of dollars to maintain their  championship DNA.

Just sad though that Clippers is still ringless as compare to other 2 California basketball teams (Lakers and Warriors). They have multiplied their values, Steve Ballmer really need to see that results.
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