For the end of month price bet soon to close, I read some of the odds & they are out of sequence appears like and probably too good value in some cases, doesn't mean they win but comparatively worth a try I figured.

As always there is no right answer, I was thinking earlier I bet BTC just drifts now.  Bit of a ping pong but like we're under water slow motion style  If we get a breakout and its a surprise thats always my ideal, that occurred on the last instance of this bet / guessing game and I was found wanting in my choices, I underestimated the move when at least a tiny bit placed on the edges of your expected trajectory for BTC.  It is worth placing on the outlier outcomes.    This time I dont feel a momentum is there ready to kick in, last time it slotted into place just in time.

Price repeats, what we have to do really is avoid being spun around till dizzy from tracking a price thats going in circles.   Watch for price action to do something different then you have a reason to act and expect a difference but BTC does its sideways dance quite often moving like a crab is its specialty to throw people off.



Most of March is just the same pricing within a range, slightly negative but not so much you can be too confident we wont attempt upwards once again.   I do think BTC stays within some ranges, once we act different is when I hope to look harder and see new action and movement up or down with a price not yet seen in March.

Weekly average blue above us, Monthly average below and some possibility of these old support lines on the border also.  Mostly we can conclude BTC price action is constricting over time.  So its the lines of a Python if you like

The general take on this applicable for a long time is that the greatest profits go to people able to put a product into the economy, usable by the masses.   Inventing or being a great mind in the theories of a product is not always as rewarding financially.  I agree with the other points made, a car is a depreciating asset and also costs alot of tax many places so some dont want or need it especially.

The invention of cars paid less then those able to invent a good process of supplying cheap cars to many people.   Some of the greatest cars are limited run builds, I'll never see or drive one probably but the biggest amount of money is the product for many people not the elite.  Its a dynamic of revenues over margins that is ironically repeated in capitalism, people who argue for other systems like government based forget how awful government operates unmodified by open competition alot of the time.    Education is overwhelmed and biased by its government ties, its why the whole subject of economics has to be read while sitting on a block of salt to season all that nonsense with.

We're trading below that level now and today the highs were found at the weekly average hence we are trading bearish for this week and probably next I think.   Till we confirm properly on a daily and weekly bar basis I assume we are range bound at best and negative at worst waiting for a break down further.

So near term negative and I think medium to longer term we are intact in a good recovery of all prior losses, its hard to be too negative overall in that full context.  However we have to find and prove that positive trait in the price action first, before then I think its best I watch for people taking off some of their BTC balance amidst background buying by the ETF perhaps and maybe others.
  Just the liquidity of some people selling is enough to bring us down 10k or more thats all quite reasonable.

Profit taking always happens and its no real negative just have to account for it and try to be fully aware of a change back to a positive trend, dont get too disheartened before that happens even if we do go back to prices in the 50's

50 GT is about the best possible for any probable win, the others require the touch of god on your soul moments before the win to occur    I only hope the effect is lasting enough to pass 3 weeks and win the actual Lamborghini for yourself, I got a golden ticket but not 50 of them so I dont expect to win but maybe.  This time around we might very surprisingly see a quite low figure GT Lambo winner, reason being that special event on this websites 10 year anniversary.

   In stats terms it might be more possible now then ever before because quite a few will have a golden ticket and collectively as a group, I forget the wording but you can group statistical outcomes if they share a common factor and theres quite a few with 1 or more tickets given to them by the site so who knows.   I would laugh my head off if someone won a Lambo with 1 ticket, impossible made real  

[I left my spins section of the site open on a tab, just accidentally clicked use all     But I got a golden ticket so wont complain, I can buy some back with the RP I won also :p]

Poor man has more time to invest we might hope though that doesnt have to be true, the rich man has more capital.  Everyone presumes the man with more capital has the easier task, he can take less odds with less risk and earn the same amount but its also true the richer gambler has the greater amount to lose.

Of the two I would like to argue the poor gambler has an advantage, mainly to be bold with no fear of this loss of what capital you have.  If you have little to nothing then reach for the boundaries of what task you may take on and achieve; its an ironic proposition but quite true the attitude and determination of a poor gambler can be far superior to others.

Children are an investment themselves, not all investment is money either sometimes its time and effort.   Dedication to learning a subject can be investment, I dont find any fault with letting children know about investment because learning is largely what we ask children to do without knowing why and its yield on what they learn that helps them later; its very much true children are involved in investing all their time before they even know why they should do such a thing.

If he provided the money to purchase the ticket its an arguable case I guess, its quite unfortunate and pathetic a situation.   Really I would decide by whoever paid for the ticket whether it gets split or not and even that could be hard to decide.    Regardless if I were the ticket holder in this case I would have given him at least 5% of the winnings just to settle it and get a signature for that payment but yea no chance of a relationship after this and its quite ironic what money can do in that respect.

57k to 73k roughly for March range and its done well in recovering today from the lows at about a monthly average roughly.    So now its back to the weekly average and slightly negative by that measure, I assume we establish a sideways range.   Eventually 50 day average will catch us up, its about 57k at the moment so that trajectory is moving us into April hence I think March doesnt lead us anywhere especially for the moment.

What I was trying to do for a while was catch the peaks, buy the spins like you say and then wait for BTC price to sell off.   Thats now a dangerous game because BTC became so bullish but if I'm right in predicting lower BTC I should try that perhaps.   I'll look again, the more perspectives on a problem the greater accuracy so I have to assume BTC price action is constantly changing like a snake snapping back on itself to catch off any predator or speculators even
  Probably not but you could double your gains that way, benefit from a sell off especially as BTC itself is probably going to rise over this year and/or next despite sharp peaks, sells possible also.

I came on just to mention the RP given every hour on faucet is boosted right now, I do think thats a nice offer considering the actual plain BTC is quite trimmed at these elevated price levels.  Its more worth collecting hourly during these offer periods imo

If you get rich and then stop gambling did you ever really love the game you were playing, if you do stop thats kind of sad because you are now with less in life after somehow having more that seems negative.   Play for the game always the money should be secondary and if you dont love the game dont continue because this situation really doesnt deserve a win its against the grain to hope you would gain from something you dont even enjoy.

Its a fair argument you could be so rich and busy with other things you no longer could have the effort left to enjoy gambling.  All or nothing kind of approach but I wouldn't stay away completely.    I can believe some people find no special buzz from gambling anything then large amounts but personally I dont need to risk need financial death to get a thrill from it, the win alone is what I like and the rest confirms the win.

Slash retired from mainstream in effect I think, I've seen him doing more low key shows with a singer thats not Axyl Rose because they dont get on [actually Im out of date the old group do play together now but still they are old guard greats ]
You can only be at the top tier of mainstream famous for so long then you become a Legend and ironically legends can be forgotten until a new generation discovers their work as if its new and finds greatness again  

Theres going to be some people watching the Oscars who only know the younger actors, they wont really have a clue who Anthony Hopkins is and he did actually win an Oscar in recent years so theres no excuse but it wasnt a young persons film at all.  Thats almost worst because Oscars is probably more about the actors and those known on screen but I realize its awards for everyone within a production as well.   John Williams might be the most famous of all with 50 nominations, it would be silly to say but perhaps some dont know who he is either.

A while back the stunt men wanted an oscar put into as a category because so much of the work they do remains essential and they give up alot to do the job quite often.  But it appears thats one hidden job that wont be uncovered especially this time, maybe because they are often look alikes its confusing possibly.

Thats a good argument really, the country that had so much mining was China and even they didnt want to have BTC within their borders.    The other take is technology and the secondary development occurring from crypto existing, countries do want that sector of growth to be in their economy hence why nations are far more friendly with integration then a few at first.

If no growth appears of course I expect them to turn nasty again on crypto, its hardly a favor they do for any industry just to allow jobs and growth is proven the most sensible approach and luckily most respect that bar the authoritarian regimes.

I know one of the points in favor of gold is its distribution around the world is fairly widespread.  If the price does rise you have sources of supply available and justified in every country almost though in varying amounts of course.    Platinum on the other hand is concentrated into certain areas controlled by just a few countries and so isnt as well favored as a monetary based metal in potential.

Love the idea but BTC isnt competing with gold in the past, present or future the products are most definitely in different spheres of movement and usage.   Very likely different demographics with varied reasons to hold and use.   The reason people compare gold is its in contrast to BTC but so is everything potentially.

I've used BTC to buy gold and also other various crypto blockchains and they ceased that service because they wanted or required to have an entire paper trail for the gold purchase.   They didnt like crypto being so open and unscripted, out of nowhere almost in some cases which caused them regulatory problems to some extent I guess.   Lucky Im not rich then, I could be looked over but the business overall to place gold and BTC next to each other was like oil and water.


I know people might say well I used gold, I hold it and I hold BTC and thats true but the majority of gold value right now is going into central bank reserves.  For a decade or two net purchases of gold have been for the largest holders of Dollar to then switch to Gold as they prefer.   Thats the gold trend if you see price rising those are the buyers ultimately and the holders; they will hold that gold for longer then our life time hence gold being inert is highly useful.
   BTC needs to be used imo, its not an elemental metal its a highly secured transactional protocol so Gold & BTC will always be doing different tasks Im fairly sure.

If AI is correctly valued it will have to alter everything, every aspect of your life in some way.  Not just car navigation but everything possible involving data or tasks that enhance usage of that product in some way.     Cars are especially relevant because its an expensive product and many mistakes are possible, getting lost is easy with  road signs and safety is an issue;  AI can improve all those things so its a given.

Gambling also is an expensive product at times, depending how much you gamble but we cannot deny there is alot of money won and lost in gambling its big.    Also gambling often involves odds and data and tracking games with sports bets especially.   I cannot imagine AI wont find a way to help some people, if you have a product already helping some its only a matter of time before it will be available to help all people at some level.

  Could take years not sure but markets expect a world revolution from AI and nothing less.

I was looking at weekly bars and Ive gone from undecided to expecting us to close down for this month.  Its bounced off that ATH in almost a clear pattern of 3 weeks, that seems a fair conclusion that we will need then to resolve at lower prices.   Even 57k to me is a light pullback because of how fast we rose, we can certain reverse at the same speed.

Of course I would like a proper movement to happen for nicer odds and I dont have to wish too much for it to be possibly happening.  49k is just mid to late Feb prices so its within reach, however just a few short days of price action and it goes that far is where it would upset people.   In all that would be a sharp reversal and more negative then most expected.  

I dont expect price to stay down at all, I dont have negative outlook but it could and it has been confined below 68k for 3 weekly bars now.   Unless BTC wants to prove me wrong immediately a good trend down would be fair it looks like, the trajectory appears like gravity pulling us downwards back to prior pricing; we only have to guess which support level we rest near at month end.

I agree with the sentiment that if you are all about the money you will be cashing out too early most of the time.   Very much that appears what people are doing now and it isnt even the wrong thing in theory however human nature is not to rebuy the same amount you sold at the lower price when we get there.    However low BTC does manage to go for this quarter or this year even it will come with negative sentiment and its unlikely earlier sellers then rebuy at the perfect time.

The shape of the graph reminds me of a ball thrown, its finished its ascent and is now adjusting to gravity.   This would appear a normal and fair pullback to occur but long term its probably not the place to sell especially imo.

We did break the old ATH but look at weekly bars when drawing conclusions, I dont want to argue with anyone but there is much left to prove before estimating any higher prices.   Time basically, I expect more time needed.

I sold crisps and sweets in school but cigarettes at that age is a step up in cool kid doing bad things factor, cant remember anyone in our group doing this but theres always teenagers who smoke so its a market of the worst kind   We also played cards and bet for money but I only did that in later school not skipping classes at early age;  I would often miss entire days and just stay home however coming in at lunch hour pretending you were always there for a couple hours sometimes covered the absence.
   I would get the head of our year, students not teacher to forge a cover note for me also sometimes;  he also sold on details of the school security systems for exam results on the computers it was a big scandal when that hack was found out 

We definitely played card games of a basic kind at even first few school years.  No money, far more valuable was the card itself which often not but sometimes you might lose the card in a bet.   High stakes gambling when you are very young, nobody wants to lose their very favorite set of cards.

Last I read was the bulk of FUN was purchased at the time of Freebitco taking over the project in the main.  They hold it in reserve and carry out burns of that reserve in proportion to the profits of their sites, presumably it could all be gone if that process were to continue long enough.  Price given by market and value are two different things, people do tend to sell their excess token rather then hold it and some of this excess would be coming from the bulk reserves made available via various promotions so thats the liquidity behind the price graph I guess.

However the overall total of the token is going down so far as I know not up despite the open market price liquidity.  I think there's two different dynamics in play there, its not too unfamiliar for price not to completely describe a situation, its free range and its going to follow popularity etc.   BTC going up alot fits into to people switching into that unit rather vice versa and selling BTC to buy FUN but both are possible at different times I imagine.

Good close to the week, above 12hr average above 2 day but just not qualifying just yet as positive above weekly.  Its good as it could be without a proper full regain of what was lost previously, back to near neutral but with cautionary that we may find 68k as the near term top.   I dont find 68k to be an actual hard line which we would struggle to cost so when I say near term I mean of less influence and importance.

Even though 68k dates back a few years in its top and is the mountain summit its the journey upwards we've had prior that counts far more then this idea of the highest number is most important.  Its the structure of the build and quality of the volume accumulated to reach this far that matters more then just a plain number.    That concept of quality may have to be proven with metal tested in strength;  a pullback helps to lose weak hands, sellers can leave in peace and the price is more settled and sturdy going forwards so even a lower price can be a positive and thats as ironic as it gets