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4201  Economy / Economics / Re: Amazon will accept Bitcoin payment this year on: July 25, 2021, 11:59:04 PM
I know CityAM, I already follow them.  They are London based, that being the 'city'   This is bullish news longer term, raises utility and monetary velocity so value I presume.   Its already possible indirectly though I was tied to one specific franchise of Amazon and had to import goods because of that and pay postage so being able to skip the gift card and just use BTC would be useful to everyone.  
  Will Amazon stick with it and stay the course even if price doubles, I presume they can account for that.  The really bullish thing is if Amazon can do that then many other businesses can start to snowball into general usage we hope, whether it works out so smoothly (this year) but certainly speculatively it has to be some positive even right now.
4202  Economy / Speculation / Re: Institutional buyers are not backing down. More Pump? on: July 25, 2021, 10:48:53 PM
Appears impressive momentum recently and it could develop a trend upwards but not on a weekend so much, volume isnt strong enough.  I think we need to do another loop for more momentum.   I'll be watching to see how far we pull back but so far we have not yet arrested the negative momentum and this is still a relief type rally.  If we hold 33 and 34k through a couple days of all markets trading it will be a bit more convincing.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
4203  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 25, 2021, 08:49:53 PM
I've won 5000 level prizes 3 out of the last 4 days, so I find the cost of tokens is justified and it just makes it more interesting so why not.   I think there is a bias that will return price upwards, especially the larger players with cashback can justify or people who keep a balance can also justify it.    I also just got my higher 180 day level of rewards so didn't feel too long really.  
My main thinking or consideration really was, will I hold into 2022 regardless of a BTC pullback which invariably happens and I will carry on participating on the site so it was fair to go ahead.   Sure enough we have pulled back though it rises for the moment, I think it'll take its time.  My general thinking its not a ski slope type action now it'll likely rise in a second stage of movement that turns all crypto and various tokens far more positive again but Im unconvinced we are all clear just yet;  I continue to add a few FUN occasionally, time based cost averaging I do on lots of assets.
4204  Economy / Gambling discussion / Re: Esports Prediction & Discussion Thread on: July 25, 2021, 06:43:59 PM
Tarik (former major winner) is playing with Bad News Bears (rank 59) tonight in a semi final.   He is retired kinda, streaming playing valorent but playing at this level shouldnt be a stretch and even better ptr is a long term team mate of his offically and unofficially so this game should be with the bears.    Problem is their opposing team arent really well known afaik which makes them unpopular and the odds poor, so as a bet this might already be a done deal but they have to be rated a similar rank for a reason.
  Bears took Liquid to 3 maps, I dont see that much notable on the other team, Triumph but I presume they can win it somehow.     Might have to take this as a live or special bet, I dont like to presume 2 maps only but if the odds are right perhaps thats the bet to take.
4205  Economy / Gambling discussion / Re: Do you like or hate Royal symbols on bitcoin slots? on: July 25, 2021, 06:13:28 PM
Maybe it should be possible to switch up the basic symbols on a game easily to suite a preference or aesthetic.    Its easy to see why they are used, for ease of use and straight away you know the deal and likely value reflected.   I'm not sure its any negative but variations of design are always possible.    The games I like best are based on legends or myths so again tradational symbols once again but the design of each figure is freely available to vary even on an old theme. 
  If I dont recognise any of the symbols in a game, it does discourage me at least a while perhaps altogether if I get distracted.   Thats probably the biggest reason why we return to familar symbols.
4206  Economy / Gambling discussion / Re: Your betting budget on: July 25, 2021, 04:28:06 PM
Consider that its often best not to spend it all at once.  Budgetting actually increases chances of success I think as it gives more then one attempt for the same amount spent, where as no budget can lead to just a dead end of having no money left rather choosing not to spend more that day.   The only real way to beat the game or increase luck seen is via a plan and a budget is part of that.
4207  Economy / Speculation / Re: David Gokhshtein: Bitcoin Price Will Reach $80K on: July 24, 2021, 11:37:44 PM
1981 was the tail end of a period of large inflation in the dollar and it relates to now probably quite accurately, however we have more to come and there is continuing trend of dollar devaluation and probably instability.

Its questionable if crypto succeeds, thrives or dies in such troubling times, if they get worse it does cause failure no doubt.   There is a certain loss to inflation from the failure in efficency and that represents something also of an opportunity for new monetary standards but it can also just mean a simple change from west to east or various other alternatives to FIAT debt such as commodity or trade based currencies.  Crypto doesnt have to benefit and not sure speculation alone raises us to 80k, not this year so soon imo.

Quote
It turned out that the key consumer price index jumped 0.9 percent compared to June, reaching 5.4 percent, which was a record increase and was last seen only in 1981.
The decline in the price of Bitcoin indicates that this cryptocurrency, in which many corporate investors have invested, is often seen by them as a risky asset.
4208  Economy / Speculation / Re: It's not the end, $60k again on: July 24, 2021, 11:26:36 PM


We recovered back to meet the still descending 50 day average.   It might be all at once we recover price action upwards again but I think it will take more time to transform the nature of movement from sideways as we still remain presently into having momentum once again upwards.   So the direction of the moving averages might matter more then the pricing alone, they are indicators really not resistance as roughly appears on the graph here thats just short term reaction.
4209  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: July 24, 2021, 10:12:45 PM
Many miners will be panic and I think price will be manipulated on the market.


I expect volatility from the differences to monetary flow of ETH

ETH is going up if they pass the POS contract though it should also mean ETH tied up are now also available which could mean short term weakness and a buying opportuinity for anyone who understands that and has faith in POS being of benefit long term.   I think POS makes price double if it enables lower transaction fees that utility will be described within the price like a share vs dividends.

Quote
POS for #ethereum is years away. Keep your money in your pocket for now
somebodys comment on twitter, I thought much sooner then that
4210  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 23, 2021, 07:23:42 PM
Its on the multiply page or Tab.   It will show everything in shortened detail, so 50 lottery tickets would show up as a 50 win same as 50 BTC or 50 RP.    It'll be listed as WOF, no bigger wins for me today my lucky streak is rip

I couldnt decide if BTC will do anything interesting for end of month, so put just small bets on outlier outcomes.   I imagine it just stays somewhere close to the 50 day average but also maybe Elon has too much sugar and trips it out
4211  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: July 22, 2021, 11:49:49 PM
I doubt casinos do hate big winners, if they didnt exist it would reduce their overall revenue which is where they pick up the profit just from averages not the idea of waging any war or even negative stance towards seperate players.   If anything surely casinos want more notable winners so long as it also correlates to more custom, almost every industry its about the revenue and growth etc.

I got close to 6000 lottery tickets on the wheel spin yesterday and today I was again lucky and 5k prize for the sats.   For a simple bonus it'd be nice every day but I think its quite lucky two days in a row

The July price bet is about to close and we have movement from I can see it can relief rally here to end month.  However its not changing my mind to a greater extent, in plain language I just think all the top placed bets currently are where it lands.   I'd prefer if everyone was wrong and I collected, not guessing on big run this time or expecting volatility to facilitate it.

4212  Economy / Speculation / Re: About time it crashed on: July 21, 2021, 10:38:24 PM
A crash can in some ways mean resolution and the time wasted waiting for decline is over, ironic a time to be bullish.    The title sounds  negative maybe meant negatively but I get some relief in that idea.

 I dont think we are either right now, its undecided and right this moment we're rising above the weekly average which is bullish while it lasts.     Rising from here beats some negative trend we've had for at least this month, target is 35k.   So failing then would help further sales and lower prices to occur
4213  Economy / Speculation / Re: 22 july, BTC 20k$ or 70k$? on: July 21, 2021, 08:09:07 PM
Its a good relief rally and now we trade above the weekly average now which means it can develop but the near reversal pin today is because of resistance from the old trading range we held.



Remaining questions are the monthly average and the 50 day average is still a weight descending overhead and thats where the larger picture would lie but certainly for that moment price got too cheap.   I'd guess we end month end a bit more positively then we had previous in constant decline.
4214  Economy / Economics / Re: Authoritarianism does not equate to efficiency. on: July 19, 2021, 11:58:55 PM
Command economy effect I think this is called, China can put a steel rod down the back anything alive or dead and make it dance to whatever tune it plays.   They can force things to be true that no other country could pull off, they can be both the producer and the consumer so vast is their potential market who can argue with them.

I still believe a free market is vastly superior because China relies on a top down decision process they also make horrible mistakes.   If they force something to be true, I dont doubt it happens but also means the mistake becomes bigger not that it no longer exists.    There is no nation, no person, party or army that can alter the tides, they cant alter natural phenomena and a market is a natural phenomena.   I think the same thing of QE and other fixed pricing that western governments use, these will result in losses and in the end the control exerted will fail and break where we revert back to natural processes between supply and demand.

Comparative advantage tells us that efficiency rules the world and the greatest profit freely available goes to those who can innovate and provide to the greatest efficiency.   Authoritarianism does not equate to efficiency.   China can flood a free market with the cheapest iron/steel in the world for example and wipe out the profits of every producer world wide because they have that excess capacity and out of all fuel China does have alot of coal I believe so the resources are there.  They then hope to profit from the now lack of Steel production outside their borders, some people think this works but its also true China paid for cheap iron to be supplied to other countries.   Its the job of countries to utilize those cheap resources best I guess, also regulate quality would be wise.

Quote from: revision to history
On the other side the current regime has been able to    take    stop taking hundreds of millions of people   out of  into hunger and abject poverty.
4215  Economy / Speculation / Re: Is there a pattern when there is a dump like this? on: July 19, 2021, 11:55:50 PM
Theres always a pattern, people refute TA and the idea of predicting price action because its never certainty and the human ego requires exact yes or no answers.   We are built to fear the unknown, thats the whole reason BTC has sold off so badly each time in that its got no military no government not even a backer or programmer to say this is good, its just a crowd cheering it on with nobody at the helm.

You can see weakness always, whats not easy is to discern when is a trend broken in a certain way such that the weakness becomes the past and a new good bullish trend starts.   Thats really hard, most of what I look for in terms of a pattern is consensus from Japan to europe and USA I need all those people to agree we are going to gain now and I should buy.
4216  Economy / Gambling discussion / Re: Your betting budget on: July 19, 2021, 11:51:26 PM
My budget is just the spare part I'd spend on any game like an arcade machine.   Its nice to get something back but not what I would base my budgeting on, that money part is not exactly a bonus but I tend to be a worse case scenario guy who hedges bets which also denies me the big wins too like some get.   Depends how you want to play it but betting is a game to me, I like to put down something official on a game so it is in no doubt just who I thought would win where and when in especially the underdog bets Smiley
4217  Economy / Gambling discussion / Re: What does it take for a game to "hook" people on: July 19, 2021, 11:48:39 PM
A hook requires an emotional response, hopefully enjoyment of the game and also risk reward which is a core emotion for human beings going many thousands of years.    Removing gambling will never rid humans of that need to take risks, compete and enjoy rewards and its all natural imo.    Hooked can mean good or bad gameplay though in terms of gambling I'm pretty sure you want to remain in control to achieve best results money wise.
4218  Economy / Speculation / Re: Options traders aim for $100K Bitcoin by the end of 2021, is there a chance? on: July 19, 2021, 11:44:07 PM
No!  A straight answer for you, right to the point.    The full answer will be more complicated and involves a range of possibilities and probabilities and at least one scenario is yes its possible but imo not probable at this point.  Dollar has no fixed value so of course its possible but even if the herd bolts they dont have to move all in the direction BTC right away, I just doubt that simple scenario unfolds.
   Main reason we dont get the higher pricing near term or this year is Dollar has been too strong so far, I dont fear it being much stronger but it can certainly be sticky and reluctant to lose these levels which are at least in the region of last summer when BTC price was much lower.    That just means you already got alot of the gains for BTC and even in 20k, the correct attitude right now is gratitude and patience not any anxiety about fantasy targets on calendar terms.
4219  Economy / Gambling discussion / Re: Million dollar win on $15 parlay whoa on: July 19, 2021, 11:37:06 PM
Dont retire but reduce hours would be nice for anyone, worst thing would be to better off but somehow feel worse.  The rich mans curse, personally I would not rate 1 mil as retire money its more likely buy a decent house and not be in debt.   The smart use of money is always reduce bills not spending as costs can increase if you buy alot of things which require maintenance and insurance and so on.   I'd like to think whoever won this parlay had spent alot of time thinking about it, calculating and so was smarter then the average better and the average lottery winner who does nothing but be the target not determiner of good luck.
4220  Economy / Gambling discussion / Re: Esports Prediction & Discussion Thread on: July 19, 2021, 10:55:12 PM
Its not small money to continually pay for a pro team and to compromise results like that would be the end of the team.   Titan was a great org that got completely wiped out by the lasting impression of poor play, one of their players cheated and the sponsorship completely fell through for them.  Titan wasn't even banned, no action or official comment was made against them, just that 1 player wearing their jersey all the sponsors on it while being banned ended them forever hence; due to rarity Titan stickers are worth good 5 figure sums now.    Companies own teams, thats normal and they will avoid screwing up the asset value.

Valve recently lightened up and said there was a 5 year ban for very young players who had cheated, something along those lines.   Previously it was forever even if you been an idiot at age 10 but for setting up fixed matches they have yet to announce any let up for players banned 7 years ago.   I did think 5 years ban was fair in all cases as pro sports does, either way the sponsors and free market mean the org would go broke.
  In very low level games there is more trouble in this problem, they have less to lose and the team discipline can be absent along with any real backbone and so the fixing money is comparatively more attractive.  Australian csgo teams are facing jail on this issue.
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