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4301  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB hits record high at $638 today. Will Standard Protocol be the next BNB? on: April 15, 2021, 09:11:36 PM
I never understood people who looked at other projects and find some gems in different ones. You look at how great BNB is and then you ask if standard is good, I am sorry but how can someone do that? You look at BNB and see how great it is, and you say BNB is great, that is the normal approach to things, I believe BNB looks good and it will keep being good that's all.

Obviously it is too high right now, and obviously people are worried that it is a bubble that may crash at anytime and I understand why they think that way, but that doesn't mean that we will have to end up dropping to under 100 dollars like the old days, I believe something was established around 230-360 dollar price range which means if we could actually keep going high we will but if we drop we will be around those prices and that is not really terrible I would be fine with that since I got in earlier.
4302  Economy / Economics / Re: Bitcoin are playing with the big boys and cleaning their energy footprint on: April 15, 2021, 06:05:02 PM
Renewable energy will be required in the future no matter what. I do not care if you believe in climate change or not (which is a data proven thing, quite idiotic not to believe it) but you should realize that one of the methods is limited and only exists in finite numbers, whereas the other one is limitless and forever, as long as sun shines we can get energy from that, as long as winds blow we can get energy from that, oil will eventually be finished, gas too.

If crypto could spear head into that and spend more and more money into proving that all those mining operations requiring so much power could be harnessed from renewable energy and be cheaper in the long run, and still can be done in a way that doesn't hurt the world, I believe that could be eye opening for some people. Its just too simple to choose, one is bad and the other is good, why hesitate?
4303  Economy / Economics / Re: Bernard Madoff dies in prison. A 20 year long Ponzi on: April 15, 2021, 06:30:59 AM
Madoff basically provided something that was sort of dangerous. He proved that if you do a ponzi, and if your ponzi is not insane too much to actually be wrong, that means you could both get more money, and you could keep paying everyone, all thanks to inflation and dollar losing value. Say you get 1 million dollars this year, next year when all of those people want to get out, you do not get 1 million back, it is a new year, you proved them you work, you just give them 500k, and get more money in return, do not go crazy, do not make 200%+ type of claims, do 20% and it would be seriously realistic.

This is why ponzis are scary these days, they could be as real as it gets, and that is very scary to me. I personally can't say that it will never happen at Madoff levels, it could happen again, and this time we may not even realize it and everyone could get in as well.
4304  Economy / Economics / Re: I think Bitcoin is the biggest bubble and ponzi in the universe or it isn't? on: April 14, 2021, 05:38:13 PM
So by OP's logic, millions of people who bought bitcoin could be putting money into a bubble, or Tesla spending 1.5 billion dollars into a bubble, or wall street companies started to put money into a bubble, basically over 2 trillion dollar worth of marketcap all built on top of a bubble. I am not going to say that 60k+ price should be the correct one, it could be 10k or 100k and we do not know what the "value" of bitcoin is, so it will be whatever people think it should be, however one thing I am finding funny is that people think that we should all consider what they should consider and ignore tens of millions of people who do not agree with them.

Even if bitcoin ever drops to 1k dollar one day, that would be 1000x increase from 1 dollars, and we are over 64k right now, think about how much it would have to drop just to have 1000x, that means maybe you could be wrong about this.
4305  Economy / Trading Discussion / Re: Bitcoin NUPL Net Unrealized Profit/Loss on: April 14, 2021, 05:03:53 PM
I do believe that we have been in stage of "could it go higher? How can it be this high???" level for about 30k dollars for now. That has been the case for the past 30k. Please try to remember that these charts usually show one thing 5 months ago, and show something else today, 5 months ago it could have been at this current stage if calculated right, and 5 months later it is still at this stage as well when calculated accordingly.

These charts are obviously one part of calculating how much it will be, and what people think it will be, there is no denying that they matter, but the reality is that by alone they worth nothing at all. Which is why I do not trade based on these, most of the time I forget to even look at these, I am a long term investor so for me the job is easy, just buy and hodl, nothing really that takes knowledge, but even I know that I am not worried just yet.
4306  Alternate cryptocurrencies / Altcoin Discussion / Re: Sale / purchase of ERC-20 tokens on: April 13, 2021, 05:32:18 PM
I have been using binance, and even ordered my first safepal as well and hoping that would make things easier as well, this way I will be capable of trading anywhere I go and I wouldn't have to keep my money on exchanges neither, safepal hardware wallet would do that instead, hopefully that is more secure.

Binance is the only exchange I use and they have a great mobile app so I am capable of sending money whenever there is a need, and that is why mobile trading is not that hard for me, in fact their mobile app is easier to use than their PC version honestly because PC version is a bit more complicated whereas the mobile version is a bit simpler.

In any case, there are so many exchanges where you can use, but the most important rule is that you should be very careful what you are downloading, there are tons of places that copy real ones and create fake ones to scam you.
4307  Alternate cryptocurrencies / Altcoin Discussion / Re: Honest opinion poll about the potential of NFT on: April 13, 2021, 03:51:37 PM
Like the other people, I said moderate view because it is not really something that will rule and be the best and be loved by everyone but I also do not think that it is something that would be gone and be totally forgotten in the future neither. I just think that, it will not be these huge prices, right now it is totally overvalued and that is why I think it is not going to be as hyped as it is right now, that is my consideration.

Of course I believe it will continue to be decent as well, it is actually a quite good "idea", definitely doesn't worth the money people spend right now, but it definitely worths "some" money and what people find valuable could always be argued so there is no point in talking about negotiating prices. This is why moderate view is perfect for me, it is a good idea that will continue to exist as long as crypto exists and that is why it is here to stay.
4308  Economy / Economics / Re: Russia; The digital ruble will be launched in 2023 on: April 12, 2021, 07:07:59 PM
I think Russia could be a good or bad country from wherever you are looking at it but the fact is that they have more progressive than most other nations regarding crypto is a marvelous shock to me, in a good way of course. I mean we all know what kind of nation they are, they just recently banned gay marriage and relationships for example, so in some financial stuff they are very very progressive and while in some social stuff they are conservative which surprises me sometimes.

This digital ruble if done right could put them in contention for being the hub of crypto world, and that would mean a lot of money as well, to live in a nation where you can use crypto currencies however you want and easily turn it into digital ruble and spend it anywhere you go would make this nation a wonderful place for all the crypto currency lovers in the world.
4309  Economy / Economics / Re: Coinbase VS Binance Valuation - is Binance way undervalued? on: April 12, 2021, 04:15:48 PM
Binance valuation is basically... a secret? I don't know if secret is the right word, or hidden would be. However people need to realize this, binance spent 400 million dollars just to buy CMC and that's just one acquisition they did, they bought out some other stuff as well, safepal, swipe and many others. so that 68 billion dollar valuation is nothing compared to binance, they are probably already at around 500 billion dollar valuation.

What you have to realize is that these companies have constant cash flow and that makes a company very valuable, facebook was valued at a high number even when they were losing money, amazon did as well as google, these companies are tech companies that didn't even profited and was worth a billion dollars before their first profit. Think about how much Binance will be when they have billions of dollars cash in hand and bigger cash reserves than 99% of the worlds companies, only handful of huge banks have bigger amounts.
4310  Economy / Trading Discussion / Re: Do not hide your hard feelings about trading; share the experiences on: April 11, 2021, 03:54:37 PM
I think there is really nothing to share about having hard feelings about trading, I mean if you are not doing anything about your emotions that is a problem that is why there is really no reason why you shouldn't really change that, you should keep telling about your feelings and that is why you should not need to come clean at one point, you should be constantly doing that.

When I make some profit I talk about it with my wife and we get happy together and talk about that for hours and really get excited and talk about what we will do when we get rich. Then I lose money and we get sad together and feel upset together and I confine with her and that makes me feel a bit better about it. So long story short when you profit or you lose, you should have at least one person you talk to, even if that is just some "friend" on telegram but you should talk about it.
4311  Economy / Trading Discussion / Re: What do you think about KickEx? on: April 11, 2021, 10:07:07 AM
A jr.member account sharing about an exchange, that doesn't seem suspicious at all... I feel like if people are asking about exchanges, that usually means two things. Either they are a marketing puppet to make it known more on bitcointalk, or they are invested in it and want others to hear about it as well so that they could get a lot more.

I personally would love to see something change on this forum and if you are talking about a place you should not be able to link it until you are a higher up level, that would stop a lot of the spam on this place. I do not care about this place, and I know it has a "kick" token or coin and I know that that might be the reason some people may like it or share it or even shill it because they own some kick coin and they want others to get in and buy and make it go up as well but I just do not feel the same way.
4312  Economy / Trading Discussion / Re: Is trading an occupation? on: April 10, 2021, 04:22:06 AM
I have recently come a trading type of career in our local employment related website. It is a national website and companies put their job adverts there and people apply to start working there. I could say that I was shocked to see crypto related jobs all had something like "business analyst" who was basically just a trader who didn't trade. All the analytics all the chart readings all basically related stuff was there. I don't know if that is going to be a long term thing but I think it was basically just a big career that employed thousands of people.

I mean sure they are not trading so you may not consider them traders but they were doing everything a trader does every day and they just do not click the buy/sell buttons. I do not know why they are hired and what good they do to people, but I think higher ups hires these people to keep constant finger on things.
4313  Economy / Trading Discussion / Re: Trading vs Investing (The major differences) on: April 10, 2021, 02:46:54 AM
The biggest difference is the time put into it. In investment you spend a lot of time once and decide on something, then you make a purchase and just hold it as long as you want, in trading you constantly keep checking things and never stop checking them, that means we are talking about something that would be great for everyone if they do it right but horrible if they do it wrong, so we are talking about something that would take a lot of time and it will be very stressed to make that work.

If you are a good trader you could profit more than an investor, but if you are a bad trader you will lose money very quickly. Which is why I think it is quite obvious that it is a personal preference, whichever you pick there is money to be made or money to lose, it is all about which one you pick and how good you are in that thing you picked.
4314  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: April 09, 2021, 06:59:56 PM
I have seen that if I own 50k fun tokens that would be 10% increase on interest rate, I am assuming that is 10% increase on the 4%? So, that means I will have 4.4% interest rate? Is that the case or is more like 14% type of deal? I am pretty sure it can't be 14% because that would be very very difficult for you guys to pay but I wanted to make sure.

If that means I will get 0.4% profit and that is after a year, we are talking about 50k tokens meaning ~0.037 right now, and that means you need about 92 bitcoins or so held here for a year which you will make some profit as well but after that in a year you make that 50k token back as well just from the 0.4 extra, because that is what that 50k token gave you. Meanwhile you are of course making other interests and making a profit as well. I think this worths something if you have the money for it, it is a long term deal but it definitely works.
4315  Economy / Speculation / Re: Bloomberg predicting BTC reaching $400K in 2021 on: April 09, 2021, 06:16:10 PM
I do not believe that we will reach 400k this year, and I think these type of things hurt bitcoin as well. I am a bitcoin bull as well and I think it will go up, however I believe it will be something along the lines of 100k+ which could mean 120k or even 180k but not 200k. Why do I think these type of predictions hurt the market?

Well, people get in at around 50k to 60k and they are expecting to 7x or so their money and when that fails they are miserable and sell their coins, so for these people 100k is not a good price, they are already expecting that and think that it should 4x even after that, to normal people 100k is a great price and we would be very happy about it. If these people who wait for 400k end up not getting that, they would sell all their coins even at 100k. Which is why I think we should have reasonable prices and not this high end prices as our predictions.
4316  Economy / Speculation / Re: Best Bitcoin Price Predictions on: April 09, 2021, 05:32:48 PM
Interesting to see so many different approaches, I was really not expecting these people to make 100k+ predictions all together, ı would assume there are also people who think it will crash but that wasn't the point of the topic I suppose. In the end bitcoin could go up but I really doubt we would see 488k or more very soon, that will eventually happen in the future of course but I just do not think that it will happen anytime soon.

All those nearly 100k and a bit more are probably the only realistic ones, we are not even at 60k properly and people are talking about 200k+ prices like that will be very simple, unless something major fundamentally changes we are not going to see that type of increase, that is like 8x increase and I doubt it will happen this year after all the increases we already had. Which is why I think it is not going to be simple to predict what will happen.
4317  Economy / Gambling discussion / Re: 2021 NBA Season on: April 09, 2021, 04:59:39 PM
Nets are seen as the best team in the league by way too many people. I end up thinking have you guys never watched NBA before to talk so sure about everything. In NBA we have seen Warriors having the best team ever for 2 seasons, first one was 73 win one and lost to Cavs in the finals, and another one when Toronto became champions because injuries prevented Warriors to win it.

Now we are talking about Nets like they are so surely the winners of the league when they had so many players missing all the time. What if playoffs comes and Irving gets injured? Maybe Durant goes down with him? What if Harden misses games? I mean we should not be talking so surely about Nets winning the league like it is guaranteed. Nobody could have guessed a Miami finals last year neither, they talked about Bucks and Sixers and so forth like they were the best but Miami showed up. We should not put any team over another when it is playoffs.
4318  Economy / Economics / Re: Bitcoin to trigger central bank collapse on: April 09, 2021, 04:29:07 PM
^^People keep saying that something will destroy economy and it never really does, economy is already a horrible situation at the current moment so why would having a competition would ruin it? It should help it, that is the free market capitalism supported all these years. If banking is so bad that even a crypto currency type of experimental currency can destroy it, maybe that means banking should be destroyed and rebuilt? I mean after all crypto is nothing, it is a decentralized coin and if your company can't handle that maybe you should be gone.

Back in the day people were slaves, when slaves revolted people said without slaves companies couldn't make money, this is only 100-150 years ago (and there is slavery even today) what happened? Jeff Bezos has 200 billion dollars so I guess without slavery (even though it is close to slavery situation) it can continue. Do not mistake what media and companies are telling you with truth, crypto will improve the world and not destroy it.
4319  Economy / Economics / Re: Cryptocurrencies: A Legal Regulatory System on: April 09, 2021, 03:56:36 PM
Regulations will benefit the cryptocurrency. The first is trust and there are more transparent projects. The cash flow will flow into cryptocurrencies on a more frequent basis, which means that the overall market cap will increase continuously.
I want the government not to apply securities laws to cryptocurrencies. The current adoption of cryptocurrencies is quite good.
I think regulations will not help at all but legality will help and regulations means legality and that is why people like it. If we didn't mix regulations with legality we would know what we are getting with regulations.

For example, Texas confirms crypto payments and crypto as a whole, Ohio does as well, Miami does too, these are all states or cities that accept bitcoin as legal tender and do not have extra regulations than anything else, that helped bitcoin to grow in those places, whereas New York has regulations and made it legal as well but most New York based companies left as soon as that happened, why? Because it was such harsh regulations that it would not make any business sense to stay there, which means you can make it legal with regulations but if your regulations are horrible you might as well just banned it and it would be the same.
4320  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can anybody explain why XRP is pumping? on: April 09, 2021, 09:29:11 AM
It is just the market and XRP being waaaaay behind. For example 52 week low on BNB is 13 dollars, it has peaked over 410 dollars, 52 week low on bitcoin is 6.5k, the high is 61.6k dollars, it is 150 dollars for ethereum and 2152 at the top, ADA went from 0.03 to 1.5 dollars, whereas XRP just went from 0.2 to 1 dollars or so. Now if you think XRP should have stayed low, you are cruel Cheesy.

I hate XRP as much as the next guy but even I think during a period like this it is normal for XRP to increase a bit, I would say that it is definitely acceptable for it to go up x5 in a world where things moved up x10 and even more for the past year. This is why I believe it is not that difficult to see how things will work out for XRP neither, it hasn't even broken its ATH which is why I think the closest thing we will get will be ATH broken first, that could happen if SEC clears them.
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