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4181  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 30, 2021, 07:18:36 AM
Very common, every day I got that lucky


I wouldnt go that far, unless spinning through 50 wof a day then perhaps its just a normal occurrence.   Maybe the site should let people just buy them direct if they want to for that reason.     The 5000 reward will show so far as I know but it might lag in showing up on your record and deposit, I might record myself going through a few dozen spins and how it shows on the multiply page just to end any confusion on that but I think it should show up you have won.
   I would make a deposit but I'm not really buying at this moment, I feel a pullback which I might be wrong and also its about timeframe I dont know we'd pull back a day a week or a year exactly just a test is fair game before further movement is resolved imo.  I wish it were otherwise as my bets would like a 45K+ end price to this month but wishes dont always come true as and when you want  c'est la vie
4182  Economy / Speculation / Re: The market is not good on: July 30, 2021, 12:59:31 AM
The market is hesitant but not yet negative imo, we have risen and prices are still to decide up or down in short and medium term.   We have a good amount of offers to sell in the 40k area for sure and it could be just a delay before rising further but I think the bottom pricing still has to confirm further; only then will I be more confident we can rise to a greater scale or even resume the price action we had at year start.

For now its just going sideways, just about we are above the 2 day average but what these moving averages reflect is momentum and like a plane we need a certain flight speed to maintain lift or surely we experience some drop.   This is just the nature of trading a volatile market instrument, many traders will cash out and wait and see.  39.5k or above  I count it as sideways but with continued caution for now.
4183  Economy / Speculation / Re: the next checkpoint $13,800 on: July 30, 2021, 12:57:08 AM
Its not clear till its confirmed on every time frame, trading, daily bars, weekly and we have to consider the largest time frames as somehow Bitcoin also adheres to something as large as 200 week averages or so it seems in examining the chart since we began.    Perhaps it really is a commodity based market as some commodities take a decade to form a stable price due to the cost of mining, exploration and so on.   Thats surprising for a tech instrument and commodity but if BTC is part of macro economics and references dynamics dating back the 1970's or earlier then I can believe it possible.
  Iam quite convinced BTC is far longer term in its waves and tides while moving then we recognize.   By all that I mean to say 30k is not a hard limit, its in pencil on this chart at best.
4184  Economy / Speculation / Re: How low will Bitcoin go? on: July 29, 2021, 06:25:31 AM
This might be the end of the low in medium term many think there will be no further low this year I'm undecided as I'd say a flush out rapid bottom then reversal is more reliable as a show of negative price action ending.
  However it can dip in the next days or week I think is the opinion of some traders I've seen and there is some downtrend to meet and beat here; this is coming down from the selling right at the top and is to be expected sooner or later in standard profit taking by traders.




This is a messy chart but I didnt really want to draw it too tightly as its an only an approximate scenario I redrew recently.    The blue line is just 2 day average matching our fast momentum, there is no pattern of lower highs to match that downtrend we seem to have exceeded it but from experience it can pull us back down I think.
4185  Economy / Speculation / Re: Are you bullish or bearish this year? on: July 28, 2021, 11:50:40 PM
Be bullish by accumulating during bearish pull backs, it sounds nonsense but you want to buy long term when the short term weakness is over done making it cheaper to be a buyer.   Similar sell the froth and between those two you should be able to equalize to a profitable difference.
   Its not quite so simple to spot but most humans can recognize sentiment and then you just need to be pragmatic and certain of your determination beyond just a typically short term market outlook and excessive speculation vs positive iterative fundamentals
4186  Economy / Speculation / Re: Can I recommend a friend to buy Bitcoin now? on: July 27, 2021, 11:42:20 PM
Recommend them to buy once a month for the next 18 to 24 months and that should be fair amount so long as this isnt the only asset they own as its quite speculative.   To tell someone remotely what to do is tricky as we cannot know when they will want to sell or future capital demands they might have if any.   Only chance is to give them a very reasonable long term plan distributed over time vs risk and then discuss fundamentals and dynamics in commodity currency and technological developing markets.
4187  Economy / Speculation / Re: Are you bullish or bearish this year? on: July 27, 2021, 11:26:11 PM
Quote
there is also announcement from SEC regarding BTC ETF got approved or not

Sounds like a buy the rumor sell the news event at least short term.   This year now is in consolidation, thats my 10 mile take or view for how we progress across the horizon through regular events mixed with the unknown that might challenge or take BTC higher.    We only rose this fast because of the excessive monetary diluation by government or it'd have taken far longer to develop perhaps in a similar way.    Rapid forward now means we take longer to move more gradually and in a considered way.
  Price will always lead ahead of actual growth, thats why it acts so volatile because its a guess most of the time and invariably the rate of which we move long term is less of a gradient then appears short term.
4188  Economy / Gambling discussion / Re: BTC price VS gambling on: July 27, 2021, 12:31:44 AM
BTC is fine to use so long as you dont require to be moving it back and forth as the transaction queue is too often backlogged and its not cheap enough to transact often.   The alternate I used to use quite often was Ethereum classic because it was widely accepted and very cheap but there is probably a better alterative to that now.    BTC rising is a positive as it means my balance is worth more, seems good to me and encourages me to bet with as my winnings gain surely the fear of losses in price especially a fast loss would be far greater discouragement then any other factor.
4189  Economy / Speculation / Re: 38858 to beat on: July 26, 2021, 11:58:42 PM
I much prefer figures and the chart to news especially, or in this case we moved on a rumor which can be deceptive also.   We were due to rise after outlasting a (recent) downtrend, we also recovered back above the both section of range support and have reached the upper limits of that same regular range.    Its much easier to spot on a graph then explain in words I think where everyone have different ways to phrase behavior and action.




So we've challenged that downtrend overhead but not beaten it yet.    We are wavering around that 37.5k range recently and also in the month of Jan this year we kept similar prices to now hence I correlate and relate action now similarly to price action then.
   My expectation right now is despite regaining some momentum we can easily repeat the range as previous, so back to the 50 day average and we might have to recheck 33k for strength.     How news matches these movements I dont know but already Amazon rejects the rumor and so on, we dance back and forth.   
  I see 50 day average is rising now and in the picture the blue line at bottom is the 2 day, weekly average would be  way back at 33k area.
4190  Economy / Economics / Re: Why is cryptocurrency bullish in the long-term on: July 26, 2021, 11:46:02 PM
Buffet was never a fan of technology and this is a virtual cryptographic protocol that has him perplexed at best as to its worth.   He admits himself he has never invested in Intel or any of the long standing tech companies, his firm only invests there now because he handed alot of the decision making to lower lieutenants.
   If he was a genius on tech, he could have put 1k into CSCO in 1990 and made back a million within 10 years.   Or his friend Bill Gates, if he had invested MSFT in 1990 it would have taken 18k to 1 million dollars within ten years also.   Just a nice trade but still long standing companies with valid technology and now we're talking open source but still valid unique technology and its a problem, the biggest negative is its not his arena.

   I can remember Buffet on the headline news bailing out a bank from failure in the 90's, he was old then and very well respected.   He really is a living legend but its not his arena to comment on this technology especially and I've yet to hear him argue why its invalid in any proper detail, it has a utility and valid market so why would he not just trust a free market to use or expire it when they no longer have a use for it like any product we might move on but just now its used and useful.
4191  Economy / Gambling discussion / Re: Motivated by "breaking the code" on: July 26, 2021, 11:29:45 PM
Its never too late, there is always going to be ways and people trying in all ways possible legal or not but the easiest methods are probably not there any more.   Apparently it used to be as easy as a lightpen on the end of a flexible stick and similar ideas because the machine would count via beams of light interrupted by the coin flow.  There is probably some cross over in mechanical terms to all convenience machines and there is absolutely always some people trying to do this because think of all the avenues open to you to steal basically once you craft the key you have the gates to the entire empire open i.e. mass produced machines.

There is a long documentary probably a few on this subject, a whole arms race between the cheats, their technology innovative methodology VS the casinos themselves trying to prevent the cheats from operating and cover the machines short comings over the years.     War games for gamblers Smiley    similar to stories I used to read on phone phreakers and the earliest of hackers, this stuff never goes away really its a real crossword challenge to some.

I used to know someone who gambled a ton and he swore it was not the people playing who broke the code in this way but the bar staff.   The bar man would watch those gambling, noting how much they spend and their winnings and when quiet would go to collect the accumulated cash now in the machine that had not paid out.   Because he is there all day he gets an idea of the payout ratio and likely chance of receiving 'good luck' bonuses and such like.   Reminds me of the plane spotter I worked with in the airport that just being there was a bonus for him.   This strategy is probably legal but quite sad for all those who arrive to a machine run dry of any easy winnings.
4192  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 26, 2021, 11:18:59 PM
That site closed but last I read they allow the manual withdrawal via request however it was going extremely slowly due to having to recompile a database node or something.   Just doing a full wallet build on BTC is a pain, on Doge it must be a nightmare at this point.   Its such a fast blockchain and its been around many years now so its spammed and grown to epic sizes I guess, I used it when 100k doge was not hard to get.  I figured it'd be dead long ago, various bots using it died or were compromised but overall the blockchain has issues apparently and thats why you may have some delayed response.  I just respond because I frequent the thread so often, thats the last I remember reading.

I wonder on the worth of converting doge to FUN since thats now a thing, might be the ideal swap.    I'd be tempted to just auto convert all remaining parties in that way if the process is that hard to do maybe en masse it would be less so, but thats a controversial option Shocked

BTC isnt going to deliver an ideal blow off price into month end, just saying I doubt it.  Aspirations are capped, I wish I was wrong though at least it moved and did something more interesting then sideways.
4193  Economy / Speculation / Re: Is bitcoin a good investment in this pendamic situation? on: July 26, 2021, 11:02:28 PM
Some investors will not aim for a loss exactly but may find it an acceptable outcome especially while gaining in some way elsewhere.   Its usually done for tax reasons and to hedge risks taken, for example BTC is said to be an asset not main market related so Dollar typically forces the price of many things to follow its strength but BTC has grown over years hence the loss might be acceptable and reduce taxes while adding hedging into their portfolio from currency risk.

The bottom line is that because BTC has survived so long now, that continuity has a worth to it in the world that has surprised many and has ongoing value beyond just pricing as a tradable asset it may rate as more viable then normal during a pandemic especially.
4194  Other / Archival / Re: Amazon news is a banal market manipulation on: July 26, 2021, 10:38:54 PM
Its natural process, nobody is forcing people to jump the gun but they do it every time.   Even taken at best the rumor is that some point in future Amazon will implement in some shape or form and sure it'd be useful and likely bullish for BTC but global companies like this can take years, half a decade to fully implement anything.   This latest refusal by Amazon doesn't end the idea for me, it says we dont want to discuss it publicly and yep I can guess that because BTC is not without its controversy in tax terms & all sorts.
   The chart had a setup for a rise anyway, thats all that can be taken seriously.   It had passed a downtrend, we had compromised support but its reversed back above like when you push an empty bottle under the water and it bounces back up its natural.
4195  Economy / Speculation / Re: How low will Bitcoin go? on: July 26, 2021, 10:20:15 PM
Looks like the price of $ 25k will not be reached again, now the price of bitcoin is around $ 38k and I'm sure before august the price of bitcoin can reach at least $ 42k, this further proves that bitcoin is the most profitable investment.

Now you've said that, you have reaffirmed my determination we can still make 20k.     But seriously if price upwards like this garners interest and enthusiasm but fails to capture the positive action meeting old resistance and determined sellers for any reason it can later lead to greater negatives and I'm waiting to see if that scenario occurs or not still.
   The latest news I've heard is Amazon deny any usage of BTC will be occurring.   I dont think that it cant become true in time but its no surprise that Amazon does not want to confirm some project that was only ever meant to be internal, of course companies will explore all kinds of avenues and product innovations that never actually release to the public so I'm not sure we do see BTC on Amazon this year or even next.   This gives us plenty of time to resume negatively, not that I rate the news as the sole driver of price but those events would match what I think is possible now and hence the bottom pricing is not yet certain imo.
4196  Economy / Gambling discussion / Re: Online gambling becomes popular on: July 26, 2021, 09:21:56 PM
Thats a good trend rise for crypto in gambling and online of course.    Overall computer usage has risen not just mobile usage but the idea computers can be useful to avoid unneeded journeys and public mixing where that is still negative its useful.      
  I've been told by someone now the vaccines are mitigating risks this whole idea of remote work or remote anything shopping, gamble everything will all decline.   They believe the reset will return back to the base line where it was but I think it will never decline again as it was, there is a utility to not having to travel through a city to do things and it saves time and money and is generally more efficient.
   The overall public is going to keep using online gambling even more, it is a genuine growth sector year to year from what I can see.    I think this effect is so widespread it will alter housing prices in city also, people will now not need to stay so close together they can enjoy more remote locations if the technology is convenient.   I've thought this for a long time as a slow trend but this latest negative event has only underlined positive changes we can all benefit from longer term whatever the weather.
4197  Economy / Gambling discussion / Re: You got a pifzer ? Then you can be eligible for lottery in Poland. on: July 26, 2021, 08:41:03 PM
What Poland is trying to do is entirely sensible, part of why a vaccine works is it stops the spread and mutation and repeated threatened effects that occur from constant circulation.   People who refuse and keep storing via a relay the virus in the community unfortunately increase the time there is a threat overall.     Approaching Winter there is a normal threat of flu to old people and also increasing threat from the cold and people staying indoors more so; a program to increase the take up of a vaccine is entirely sensible & fiscally justifiable in giving prizes vs the cost to society and economy overall from less activity and likely lower tax revenue ie. its a valid investment.


Quote
As for India, I am sure that by the end of the year, despite this super terrible and super lethal strain and weak medicine in the country, we will not see any 7% of deaths

The latest strain spreads more easily, maybe twice as easily which is bad but the actual survival rate is the same so far as I know which is some small comfort.
India and every country has advantages to its particular make up and India has one of the lowest average ages to their population world wide so I agree. Its very unlikely the majority will really suffer as badly as say Japan could do with their average age being massively high, it could devastate that country.   Obviously deaths will occur but India should be able on average to last with health less damaged, the best thing they can do is separate out and have the young take the majority of risk in terms of transmission obviously there is a shortage of vaccine so there is no ideal fix.
4198  Economy / Speculation / Re: Is bitcoin a good investment in this pendamic situation? on: July 26, 2021, 02:17:50 PM
Iam never comfortable to hear people say investment for what is a commodity or currency not a yielding asset.   Your trade would be speculative based on participating in a price difference for supply and demand ratio being tighter in future then it is now.
    During a pandemic we should expect a slower economy, deflation and a rise in the cost of conventional money, no this is not a good time to engage in speculative assets generally.   However government and politics eclipses conventional economies and free markets now, the currency base is being diluted which makes speculation on alternatives far more likely to appreciate near term so yes its done well so far but alot depends with ongoing FED policy.
4199  Economy / Speculation / Re: BTC broke through 33,500 USDT on: July 26, 2021, 05:19:49 AM
Recovery into the range then with strength through the 50 day is impressive and thats the exciting bit.   Now it has to consolidate and form a confirmation of this action on daily and weekly bars, obviously takes time to do so.   We retract and move more boring again for now but well played to those that saw some build into this movement.   Even if we did reverse from here, nice trade anyway.



Trying to learn and go on what I've found most reliable in the past, the bottom prices do show strength whatever happens with these highs.  Price held itself above the 50 week average, good general appreciation I think has to be acknowledged as longer term positive direction.    The rumour on Amazon might falter a little, I dont know I dont care about words and news really but in the chart its not yet free of restraint.
4200  Economy / Economics / Re: ECB starts 24 month digital euro project. on: July 26, 2021, 05:08:22 AM
China certainly wants to establish its own trade routes that have no need to go via dollar settlement.    They lack oil which is settled in dollars but they've been net buyers of gold for a couple decades, they must have long term ambitions to act independently.

UK sterling as part of global reserves is about 8% I think, its not significant globally for trade in many sectors but it has some continued ongoing historical relevance financially as many of contracts are settled in London, insurance and the commonwealth is some dynamic not an actual alliance just common ground from shared heritage to some extent is an unrated advantage.
   The problem with alot of the modern western currencies is they dont really deserve any association with the concept of a stable coin, if you link to these FIAT standards then it will be increasingly politics not so much trade based due to excessive liquidity, debt, fiscal deficits.   We're looking towards increasing instability from the effects of those gaps in economies growing not reducing, so to some extent every modern currency is over stated in its importance and by design they are running value into the ground in order to counter debt costs; stability in that sense is a certain course towards value lost.
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