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441  Bitcoin / Bitcoin Discussion / Re: Not all educated are educated. on: November 16, 2023, 06:17:47 PM
Mixers are seen to be used for illegal activities but the money in banks are not seeing to be used for money laundering and terrorism financing. Among the most fiats used for illegal activities, only little do the government and regulators know about. If there is no bitcoin or other coins and tokens, there will be illegal activities both online and offline and their scam fiat will be used for it.

Yes, it's true, in the fiat system there are more money laundering activities, but they scapegoat Bitcoin for illegal actions. But I have a prediction that the fiat money system will sooner or later collapse and a new financial system will be born, and I think that system will be blockchain. I'm not sure they will adopt bitcoin but they will use a blockchain system like bitcoin.

The government always demands KYC, that's why they banned mixers. Because when they can't track someone's wealth then they can't collect taxes

Bitcoin has only been around for 14 years, while crime, money laundering and smuggling have existed for hundreds of years. The government just wants to get rid of bitcoin, but it's so perfect that they have no other reason to disparage it, other than to associate it with anything they can think of.

The old monetary system will soon be replaced by a new monetary system, that is almost certain. But whether they adopt blockchain or any other technology, they will still be centralized and the government will still be in control . So whether the monetary system collapses or not, centralization still exists.

Yes, the only thing that can be used to slander Bitcoin is to accuse Bitcoin of being often used as a money laundering tool because of Bitcoin's anonymous nature.

In a country's finances, decentralization is dangerous because the government cannot control the finances circulating in society. The government needs to exercise financial control to maintain financial stability, prices of goods and the circulation of money in society. Too much money will make the price of goods rise, too little money will reduce purchasing power. Usually the country will issue policies by increasing interest rates or lowering interest rates to regulate money circulation.

A country's financial and economic system is very complicated, I also want the concept of decentralization but on the one hand it can be dangerous because there is no financial control, choosing the wrong policy can have fatal consequences.

But even if they slander and defame it, they cannot stop the development of bitcoin , cannot stop people from using it. So I believe it's just a matter of time before they accept it . I remember many years ago, most countries were hostile towards bitcoin , but in recent years,many countries are gradually becoming friendly and accepting bitcoin to a certain extent. In the near future , it is inevitable that the whole world will accept and legalize bitcoin.

I don't expect governments to be able to use bitcoin to replace the current monetary system , but I do think that bitcoin and currency will be able to exist side by side, and bitcoin is an alternative.
There's nothing they can do in speaking about its further development and recognition by the masses. It would really be just coming into a time that awareness would really be that in global scale and they cant really be able to stop it. They could really be that able to throw into those issues or whatsoever things that they could do with Bitcoin on which they cant really be able to stop people on dealing with it and this is one of the
best thing on which its something that can be controlled knowing that Government doesnt really like on things which are decentralized. They would really be always having to say and could make out issues
as they do like or want.

People who are aware or does know about the truth would really be just simply ignoring with these things on which it would really be that so understandable that you would really be that
knowing on what they are really just trying to picture or want really to show on when it comes to those kind of exposure specially on negative ones. Yes, it could bring out that kind of false information
and impression to those newbies but sooner or later on which if the truth would be known then people would really be just normally be switching up
and there's no stopping with that kind of situation.
442  Economy / Economics / Re: Being rich = not looking at price tag on: November 16, 2023, 08:16:35 AM
I often read people saying they want to earn enough money so they don't have to look at price tag of product. Imo, even if you are rich you wouldn't want to spend money on things that are not worthy of price being paid.

You wanna look at product and then it's price, if it's worthy of price, you purchase the product.
Wealth is always narrated by financial strength, assets and other forms of possessions that we have, wealth often makes the difference between one person and another. Human patterns vary in seeing the appropriateness of spending money on inappropriate payments, but for those who see opportunities, the appropriateness will be proportional to the investment value they buy in products that have resale value in the future. How many products have inappropriate purchase value and some rich people see this as an opportunity to make money in the future.

The difference between rich people and truly rich people is in the quality of their thinking, they buy things that are not appropriate for financial business needs, while rich people usually have the satisfaction of showing off to other people. Thought patterns will be very different and maybe some people do things based on considerations for their lives and after all, we ourselves know when we want to do something.
Not only how much one possesses, but how one uses those things. Rich people buy luxury goods to show off. These things rarely appreciate, therefore this is a short-term play. As you noted, the truly wealthy invest in real estate, stocks, and rare collectibles. Their wealth increases in value and number. They know money is about growth and sustainability, not just possession

Regarding your human patterns, the psychological components of financial actions are intriguing. The rich may buy for quick enjoyment or social status, reflecting a deeper need for affirmation. The truly wealthy appear to think differently. A well-executed financial strategy fills them with intellectual joy, not social acceptance. It's long-term gains and life ambitions that drive their decisions. This mindset may define riches. You should consider why you acquire anything and how it fits into your life strategy
Totally depending on someones personality imho, we do know that there are even people who arent even rich would really be loving to show off on whats new into them and there are really indeed people like that
without even trying to realize that even those millionaires around would really be just simply loving on wearing up simple shirt and shorts without much those jewelries or whatsoever unlike into those people
who do really love on showing off. On the time that they've been able for someone to overtake out about their posession then they do usually get angry or getting annoyed. This had been already a common
behavior as of this moment and its not something that you could really be able stop.

As a rich person then it would really be that normal that you would really be that always skeptical on buying things without having any real purpose or something that could really be beneficial on your part.
This is how real rich people would be thinking and not into those wannabes who do really just love for them to be called rich but on the time hits that financial problems
then this is where they would really be usually whine and would really be that tending to explain that they shouldnt have done this or done that.
Though it would be depending on you since its your money then its just normal that you would be having that full control.
443  Economy / Gambling discussion / Re: Conclusion after losing millions! that games are rigged. on: November 15, 2023, 09:37:13 PM
hey guys,
I was watching this video, where a popular twitch streamer who used to gamble and stream on twitch, had betted millions on slots and on online casino and losing till now.
watch and listen that video he tells why he thinks slots is rigged, the games are not random as the website shows. if you will see his more videos you will understand why is think like that.
I think he just talked about slots, but I also think games that are told provably fair by casinos are rigged in someway.


Here's a example what happens with me:
When I bet big suddenly on crash game on stake it every time stops and seems like the computer is thinking about results after waiting for sometimes i bust at 1x to 1.10x, I would had believed that it is random when this incident happens with me once or twice but it happened with me more than 10 times, I betted my all funds but every time on crash it waits and think to how to bust me on short time.

other incidents are with mines when I bet big on mines even when selected on one bomb when i click to flip that box, the computer thinks and gives me small two or three wins then bust my all funds.
this incident is happened with me more than 6times on stake. dragon tower is father of all games here I never won on even taking lowest risk.

what do you think about this? are games which are played by computers are rigged? don't answer like we play for fun, we are responsible, we are bitcoiner we know to verify bets, etc.

If you're going into a casino or gambling environment with the mentality that it's rigged, you've probably already lost regardless because you are in the wrong state of mind to play. You could look at online poker sites for example and realistically there is a heavy chance they are rigged in certain ways, sometimes rewarding terrible players who happen to deposit a lot of money, in the name of "fairness". However if you're in that poker mindset and thinking the house is against you, it'll put you on tilt so it's better to either conquer your doubts or even try to play with that disadvantage in mind. Fact is, it's highly unlikely you'll ever be able to tell that online sites are really rigged because random numbers can equally screw you over.
Wrong state of mind indeed on which you would really be that able to make yourself that believe on something which it isnt even true. You would really be molding up those kind of ideas whenever you are experiencing
losses. It would really be that part of humans mindset whenever they've been experiencing repetitive things on which they would really be assuming that the site is rigged.  Losing up millions before you would completely stop? this is something that do talks about gambling addiction i should say. If you've been able to notice up something then you wont really be that making yourself that reaching out into that point.
It would be always that a loser kind like of reasoning whenever you do find yourself being wrecked up on which it would really be just that normal that you would be having those kind of thoughts
but eventually those ones are very wrong. You cant really just make out those claims without having solid evidences yet you would really be that making yourself that looks like a clown. hehe
444  Economy / Trading Discussion / Re: FALLING FALLING! on: November 14, 2023, 09:50:38 PM
So I don't think it's time to buy more BTC currently.
Firstly, there is no invitation to buy here. If you have Bitcoin hold it. If you want to increase the load, just buy it, it's up to each person's choice.


DCA is still good just for an assurance to accumulate more right before bitcoin reach above 40K level. You’re right that this current bullish trend might collapse anytime but I believe the price will still recover at some point since there’s halving next year which is one of bearer of positivity in Bitcoin.

Yes, even though there is a decline in Bitcoin prices, the 4-year price movement circle after the halving will bring Bitcoin prices up again. Actually there is no harm in buying Bitcoin at a price below the previous level.

But again, it all depends on our own choices. Whether you want to buy it or not.

But for sure many would provably doubt on current situation since although we see some good pumps happen for BTC recently still they are afraid to experience a bull trap since some people talk about the possibility that it could happen. That's why if we are really into investing on bitcoin maybe at the moment we should never look for short term since it will never result good to us since for sure that we will experience to see a lot of correction so better accumulate then hodl until next year to see more better result. But still its up for the investors preference if they could able to wait for long time frame since not everyone have high patience to wait for a year since majority of investor want a fast profit. For now many people speculate good about the halving so there's a huge chance for holders to gain from its effect or hype that could bring to people when this season occur.
People would really be usually making out those purchase or buy entry on the time that the market do make out some move or simply having those 5-10% upward movement or simply they are really that doing FOMO and
on the time that the market do make out some dumps then this is where they do hesitate on buying or placing buy orders on which this is really just that indeed a very common behavior of most investors or even to those traders on which it isnt really that shocking that they've been doing such action everytime that market would really be making out those movements. Take for example as of this moment on which price of Bitcoin did make out such correction just on what i have posted earlier for some image;
https://bitcointalk.org/index.php?topic=5471708.msg63158874#msg63158874

So whats your take on this particular situation? Holding up more for possible more dump or would really be taking up the opportunity on buying cheap?
No one could be able to take up the right choice considering this market is really that unpredictable and this what it do makes us to hesitate.
445  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bnb after next 5years on: November 14, 2023, 08:47:24 PM
I would like to short BNB. Can I do that anywhere (except Binance obviously, I'm betting on them going the "FTX" way)? eToro offers a CFD, but I'm afraid as soon as shit gets serious they pull out... Does anybody know of a better way? Thanks!

You can short BNB on any exchange that supports the coin. What is the problem? Are you having issues finding the right markets or something?

Check out these sources:
https://www.coingecko.com/en/coins/bnb#markets
https://coinmarketcap.com/currencies/bnb/#Markets


Thanks for the sources, I really wasn't aware of that... What would you say is the most trust able amongst the hundreds and hundreds of exchanges I've never heard of? I am aware that poloniex already exist a long time, huobi as well - don't know about the rest. Kucoin and gate.io maybe? Cheers!
Basing up on what you had asked out about on most trusted then it would be basically be basing into their liquidity or simply on the volume.
You could always check out the rankings on here too.

https://coinmarketcap.com/rankings/exchanges/
https://www.coingecko.com/en/exchanges

Links above given by Stalker22 are for BNB current markets. In overall or in zooming out then having that huge volume does
indicate demand on which you could clearly see on what platforms on getting those top positions or picks.
You could choose on which one you would be seeing that fits on your taste.


Going back into the topic about BNB's future for the next 5 years? No one really knows on what would happen. If Binance would really be able to retain their way of handling the business
and dont be able to face up some major issues or exploits then they might be lasting up even more that 5 years into this market but well nothing is assured.
446  Economy / Speculation / Re: Bull season started? on: November 14, 2023, 07:33:19 PM



So we do have some drop on here on which we've been having thoughts that the price could break 37k. Now we are again on 35k+.
So whats the news? I havent found out yet since there are no other sentiments around on which i do shows the reason
with the current drop but well this kind of % drop is really just that an ordinary day here on crypto space.

Time to buy? If you can risks then yes it is, because we wont know if we would really be heading next on 40k after this one.
It is really that hard to have such guess.
447  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 14, 2023, 02:36:07 PM
What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.
We cant really have those real percentages knowing that even just knowing the real numbers on how many gamblers worldwide whether a typical fiat casino gambling or crypto gambler then we dont really know behind
on what their investment approach on which it would really be that totally not known on the actual numbers but pretty sure that there are gamblers who area actually crypto investors on which it wouldnt really be that known on how much they are investing. This is why there would be no exact or precise numbers in speaking about this question or this kind of matter yet it would really vary on a certain individual on how they do give
out emphasis on the time that they do make out investment.

This isnt only really that limited on gamblers but also in other people as well which they do have the funds on doing so. It is really just that there are really that mindful or focusing that much with investment
and some do really both things since they do know on what are the chances and opportunities that it do gives.
448  Bitcoin / Bitcoin Discussion / Re: Hot take: Your crypto portfolio should have more than just Bitcoin. on: November 13, 2023, 09:59:35 PM
Let me explain. When I say that your crypto portfolio should have more than just Bitcoin, I'm addressing Bitcoin enthusiasts who want to make short-term gains while staying invested in Bitcoin as their primary asset.

Here are a few reasons why:

• Bitcoin is a volatile asset, and its price can fluctuate wildly in the short term. This can make it difficult to generate consistent profits by trading Bitcoin alone.
• By diversifying your portfolio with other cryptocurrencies, you can reduce your overall risk. Some altcoins may be more volatile than Bitcoin, but they may also offer the potential for higher returns.
• Some altcoins have specific use cases that could make them more attractive to investors in the short term. For example, some altcoins are focused on developing decentralized finance (DeFi) applications, which are becoming increasingly popular.

If you're a Bitcoin enthusiast who wants to make short-term gains, I recommend that you consider diversifying your portfolio with a few other altcoins. This will help you to reduce your risk and increase your chances of generating profits.

What do you think?
Diversification is always that recommended but since due to lack of financial capacity then this is where we do miss out opportunities on doing so. If you do want on less risk then Bitcoin would be your best choice
but its not 100% guaranteed that it would be completely safe in terms of crypto investment.We dont know on what the future holds and on the things that would happen.
This is why other people would really be that focusing when it comes to other alternatives such as on choosing some altcoins which does have potential. You would really be that
needing that taking more risks for you to be able to have that kind of chance to earn more but of course diversification would really be needing that kind of financial capacity
which not all would really be that capable on doing so.
449  Economy / Economics / Re: Will people ever get tired of trading bitcoin? on: November 13, 2023, 09:24:02 PM
No fud! just reasoning like an economists. Using their mathematical science. You can contribute or share you insights on Pareto principles; Pareto optimal and Pareto superior trades.
In my opinion, if there are still profits to be made why would I get bored of trading.
Basically, as long as there is a profit coming in, I will definitely do it.
It is true that there is no such thing as boredom when it comes to seeking profits or making a profit, because usually most people get bored easily because there is no profit that they can get from the work they do. Trading is an absolute thing that is very commonly mentioned by many people because it can not only be done in the crypto space, but can also be done in our own living environment in a more real way. So the term trading actually has a broader meaning now.
We only want to make profit by trading. If we can get regular profit from our trading then our interest in trading increases and we are very excited psychologically but we can never accept loss. Although it is difficult for us to accept losses, we must accept that things that have the potential to make a profit also have the potential to lose money, so we have to accept both. If we lose some money in trading due to market volatility then there is no need to get so excited about it but then we have to accept that we have traded at the wrong time. If every trading is losing money then we must take a break in trading because a trader will suffer consistently due to additional mistakes so during that break a trader must work on his mistakes.
Trading is never been simple and something that wont really be that a guarantee on which you would really be that making yourself that profitable so easily. It would really be taking a long time and tons of efforts
before you could really be able to make yourself that be able to handle out such thing. Its not for everyone but it doesnt mean that you would really be that stopping on testing or trying it out. You wont really be able to know unless you would really be able to experience for yourself. Getting tired of trading with Bitcoin? Dont call yourself a trader if you do have that kind of boredom on dealing up with things, the only time
that i do get bored or tired is on the moment on which the market is really that making some sideways movement on which this is the only time i do consider that it is really just that too tiring on making up trades
yet the price is really that consolidating.

Its up to someones choice on how they would really be gonna handling themselves towards the market. You cant really just that make some easy deal up with things just because you are really that expecting that much.
You wont really be that making that kind of success if you are really that always in a haste.
450  Economy / Gambling discussion / Re: Sports betting strategieski on: November 13, 2023, 07:46:52 PM
So i wanted to ask from experienced gamblers here, who make live bets; how do you choose your bets and what kind of bets are you preferring (other then betting for winners).

Also are there some good tips on how to make most of from those? Because to someone less informed like myself, most of the other kind of bets seem like shots in the dark. I am assuming that there are more profitable strategies. Like what kind of other bets are worth looking into?

If you are already x3 of your bankroll then I guess everything works well with your strategy and there’s o need to adjust unless it’s not working anymore. If you are consistent with your analysis then you should not worry about losing it all since you are using a low risk low reward method which can be enhance by analysis skills.

If it’s working then just continue. Remember only to set stop loss and don’t be trigger when you encounter losses since it’s inevitable. More important is your consistency because that will give you more profit.

he is not doing a detailed analysis, mostly it's based on the odds he is taking the cue from the bookmakers. this is not a bad strategy actually but like he said every win is just a tiny amount of a win. it will be a good strategy if he stake a huge amount. to earn $50, he has to stake $1000 for the odd he example is 1.05. that is still good easy money if the bookmakers allow it too.

but with just one loss, he loses $1000. how many bets will he make to chase this loss? this is the risk that he meant. you couldn't continue the strategy if you lose twice. in sports, the underdog winning the game often happens.  Cheesy



Point here is that there’s no easy way to dominate any gambling related activity, no matter how much we would want to. Betting in line with odds would give you a higher chance of winning but will never guarantee it. Your analogy is correct, you could win continuously but with small profit in low odd bets but a single loss could be so fatal on your capital. While with betting against odds, betting a small amount could generate huge profit however it won’t happen easily. Therefore, it would be much better to just minimize the risk of losing that much; bet with moderation and at least enjoy the game given that it is sportsbetting we are talking about. We just have to accept that luck will always be needed in any gambling activity. Would be best to lose a few than to lose that much chasing a huge single win.
Speaking on sports betting or simply generally with gambling then we do know that sure win or 100% chance of winning cant really be that possible.No matter how heavily favorite a certain player/team would be
on which we do know that there's always the possibility of upset that could really happen and lets not really that remove that kind of thinking or possibility that could happen. Even if we do say that the odds are really that showing 1.05 or somewhere near with those odds then it isnt something that give out that kind of assurance of sure win. Most of the time when bettors do see this then they do really have that kind of feeling and emotion that this is something a bet that they could really be able to have some all-in kind because they do have feeling that this would really be a one sided game. Yes, it could be possible but you shouldnt really be removing
that idea or awareness that in each game, there would really be always the possibility of upset. This is the one main risks on which you would really be needing to consider about because once you do miss it
and believe on something that you do have in mind then once you have losing result or outcome then that would really be bringing out that kind of extreme disappointment.
451  Economy / Trading Discussion / Re: Know how to use Fundamental and Technical Analysis on: November 13, 2023, 06:57:25 PM
Dont base your trading just on FA or TA. The TA is only a 50-50 game because it is a pseudo-science and not based on concrete evidence. It can only make a prediction as to where the market might be moving to and you have to decide how to want to play it. Remember not to put your full decision making on TA. It is more applicable when it comes to day trading and less to long term trading.

Because in long term you can balance out a lot of things, you buy at low discounted prices and sell at inflated prices without looking at TA for sudden or quick changes.

TA or FA will not make you a market expert, in fact nobody can be one, but try to make money off the market to our maximum capability.
I completely agree that TA or FA all can fail and you can not win 100% positions you open with TA or FA.

Don't invest what you can not afford to lose.
Don't trade what you can not afford to lose.

Two sentences look pessimistic but it is about risk management as well as how you have ace under your sleeves when things go wrong and you still have second plan to live through it without suicide.
And this is what you do need when you do really hover yourself on dealing  with trading on which these kind of analysis or approach wouldnt really be giving out that precision in terms of success rate or being profitable.
Yes, it doesnt give out assurance but its the best things that you should really be needing for you to now or something that really needs to be learnt up or else you are just basically doing yourself some gambling.
This is a must skill that should really be needing to be done or really needs to learn so that you would really be able to make yourself that be sustain on how to deal up with this unpredictable space.
Just put up into your mind that risks management would really be that so crucial and emotion handling.

You would really be able to find on yourself on how to deal up with this market which you would be making out adjustments accordingly basing up on what you have that experienced.
Its impossible that you wont really be able to assess up things basing up into those actual experience previously which it would really be giving out that kind of idea.
452  Alternate cryptocurrencies / Altcoin Discussion / Re: Poloniex was hacked (Security Breach Discussion) on: November 10, 2023, 09:55:59 PM
Well, guys, I guess a lot of you already know this. Poloniex, aka Justin Sun's own Exchange, suffered a hack of 60M+ USD, and they are offering a 5% Bounty (if there are any white hat hackers here or do you know an interested one, here is the official announcement https://x.com/Poloniex/status/1722956238160536049?s=20).
On the other hand, TRX and USDD do not seem to suffer any backlash from this news.

Topic Security Breach and Protection Layers. Do you think that Exchanges and DeFI need more development and investments here or is this just something we have to lay down our heads and deal with?

It's a new hack right? And they hacked in the past too but I don't think they ever recovered anything from the hackers and the same goes to this as well. I want to clarify that they are offering 5% of the total hacked funds to the one who hacked as a gesture in case hacker decides to return the hacked funds but it seems they are living in a different universe to think and offer such bounty.
Not really new on which this isnt really just that limited on Poloniex when it comes to exchange hacks on which it could really be possibly to happen knowing that these place or platforms are
just like honeyspots for hackers knowing that this one involved millions of USD once they would really be able to breach out. If they've been able to experience hack in the past and now we are seeing  the same thing
then this solidly indicates that their security is simply shit. People who do make use or make those considerations are really that too dumb on trusting them again.
Remembering the days where Poloniex is indeed the best exchange platform out there before Binance come out.

Security breach kind issues in exchange platforms turns out to be not that shocking. They should really be putting that emphasis or focus that much when it comes to security
because you dont know on when those hackers would really be trying out to attack. COmpensation or 5% bounty? thats hell of a lot thing
but of course they would really be willing on giving out such amount just for that trace up.
453  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 10, 2023, 02:51:34 AM
There has been several occasions of people saying buy and hold without consedring the negative effect it has impacted on many people live. Lets take for instance, when bitcoin was at ATH of about $69k somany people bought at same price expecting it to hit $100k and above while some baugh at the price when it was 40, 50, $60k conservatively. When it was going down to even $20k people keep on holding. Now it's about 2 years since bitcoin fell and never meet up with the price they baught. And they are hoping it comes back after losing huge amount of money. New investors are are taking advages of it while the old investors are regretting.
A bitcoin investment is not a two-month or one-year investment. Long-term Bitcoin investment pays more than short-term Bitcoin investment, which is why you should use the money you are not in need of anytime soon for Bitcoin investment.

Many people invested when Bitcoin was in its early stages and got huge profits, and I am sure some of them are still holding their Bitcoin or some portion of their Bitcoin.

I understand you that people could have sold their Bitcoin when the price hit its ATH, but remember, Bitcoin has potential and the price is unpredictable, which is why they cannot know if the price is going to drop below that then, but if these same investors keep holding their Bitcoin, they will surely gain from it because of halving next year.


Quote
So I sudjest sometimes if the market is going down beyond bearable measures, there is need to swap your BTC to USDT to keep your capital safe in other to buy back when it is going up to avoid loosing some huge amount of money.

So what's your sudjestion on this.
It is a good suggestion for people who have little faith in Bitcoin. Although if you feel insecure with the price movement, you can sell or set a sell limit, the best thing to do is to sell some portion and keep holding some.

When it comes to the world "long term" then it would really be that depending on someones preference yet there are ones who would be talking just only for 6 months and there are ones who do talk for 1 year or a couple
and there are those people who would be talking until the end of time.  Smiley Therefore, when it comes in talks about profit taking then it would vary and there's nothing we can do about it but i do agree on the fact
that there should really be that profit taking thing specially when its already peak of the bull run. How to determine? There's no way on knowing but it would really be pretty darn obvious if we do speak about
price peaks and as long you do already get that profit then cashing or selling it out is never been that a bad idea.

Just like on what most people been saying that profit is always profit and this what matter the most and dont make yourself getting left again by the train.
If you've been here able to witness those bull run times then it would really be that impossible that you arent really that wary on how things works.
You shouldn't really be making yourself dumb or careless this time.
454  Economy / Gambling discussion / Re: What impact does the BTC price have on your gambling habits? on: November 09, 2023, 09:48:17 PM
Dear fellow gamblers, as title topic said, I have a question/survey for you!

What impact does the BTC price have on your play (gambling both in casino/sports betting/binary options etc)?

Did you play more? Did you play less? Any thought or opinion on that?
Feel free to add your answer on my survey

( I will add my answer on a second time .... Roll Eyes )
Literally as of this moment, i cant really make use of BTC on my gambling or leisure time. Why? Its obvious just because of the fees on which i cant really afford on paying up that high.

We do currently experiencing at the moment on having that network spam on which those fees skyrocketed once again so its not really that worth on making transactions
not unless if you are a whale then you wont really be bothered on spending up those few bucks in terms of fees on which there's really a notable difference among the two
so its up to your own choice which action you would really be taking.

Now in my gambling habit or moments then as usual, i do make use of those cheap ones like Doge or whatever that i do have specially on meme coins
or cheap tokens/coins that it is available as long the fees arent that high then thats what im doing.
455  Economy / Speculation / Re: Bull season started? on: November 09, 2023, 08:50:11 PM
The price of BTC is consolidated in the range of $34k - $35k, which is a good sign. If the price stays in this range for the coming few weeks, I think we will see a price rally toward $45k - $50k in the next couple of months.
This price rally will provide whales with the much-needed exit liquidity. We will see a pullback toward $20k from that point for the final price correction. The price action is imminent before the BTC halving, and we will see a new ATH somewhere in 2025.
But that's too low to expect before the Bull comes, 20k'ish ? from 45k price  i believe that we will only back to 30k$ and that will be the standing price before and after Halving next year .
so if you have positioned to that range already then you are safe to say it better and best for waiting .
correction will take place and that is always normal after a bullish run but HODlers are still there to continues support while others are selling to exit liquidity .
In my opinion, it all depends on the initial target or plan, when you have achieved the desired profit, there is no harm in selling and re-entering at a better price (when it drops later) especially now that the price of Bitcoin still has the potential to decline.
And each of us has our own speculation, personally I am not sure that this increase will continue and I am sure that in the future we will experience a price correction again, and I am very sure that in Bitcoin's 4 year cycle which means we will really see a bull run. in next year.

I also hope that the price of BTC continues to increase for those who are interested and take it quickly. Everyone can predict that BTC will reach that price. However, things will likely change over time as wider acceptance of cryptocurrencies continues to increase, but this will add complexity to the already complex cryptocurrencies themselves. Yes. Maybe for now I want to give myself a little time to prepare.
we are hoping and it will come , so if wanted to have an exit then best to wait for another couple of weeks and you'll get what you wanted , and also try to cover back your selling once the price bearish again that is for preparation for the Bull .
Now we are recently moving in a fast pace manner on which it would really be just that understandable that people would really be having those kind of thoughts that this might really be the start of the bull run.
Well for newbies out there then this would be a common impression but for those people who had been here on this market for a while now, then this would really be look like some recovery on which it would really be just that so normal that you would really be that having that kind of thinking basing up on what you are really that able to experience on point. Speaking about on the topic on having that bull run is starting?
No its not but most likely this is an ordinary day of having that green but not totally speaking or talking about bull run.

As long we arent that go past beyond that halving event then everything could be considered to be those normal pumps that we do have in the market. It is really just that it do really looks to be that
a bull run yet increase of prices in % matter is really that something that you could see in other markets and this is why it would be molding up that kind of impression
that we might already on the bull run as of this moment.
456  Economy / Economics / Re: "I saw my salary on a bottle of perfume today" on: November 09, 2023, 07:43:24 PM
Sadly this is a real thing.... "I saw my salary on a bottle of perfume today"! Some people see their salary on someone's breakfast bill. While some people have too much, others don't have for basics. Yeah, that's the world we are living in... and is there anything that can be done about that? Of course, the answer is no, nothing can be done about that... it's the system we are living in. Maybe some new generations with more awareness and self-awareness can change it, but for now, we are stuck in it. Damn money and what people are willing to do to have more money, that's why this world is getting crazier every day.
In life no one has it all, even those who can afford perfume worth the amount of your salary, their own salary too is the price of something which they cannot afford. What matter is that no matter the amount of money you may be earning one should be able to manage it and live life well from it. Everybody can not be equal when it comes to earning, and if you try to live above your income it can be a serious problem that one will be struggling to meet up with the necessary things that are important.
There are really things in life on which other people could afford and there are ones who cant. This is why there's really such that significant difference in between financial capacity which it would really be basing up
on their income source. This is why it would really be that normal that there would really be differences when it comes to purchasing power or capacity on which other people couldnt really be able to do so.
There are indeed salaries on which it would really be just that enough that they would really be able to buy things that they do want and there are ones who cant really just easily
buy things even if they do able to do so but rather they would really be putting up on something which is more worth on doing so. This is why it would really be that always better that you should really be that
mindful about on things ahead.

If you do find out that it would really be worth on investing into something rather than on buying shit things then it would be ideal but we know that there are indeed
people who do really want on buying things which would really be that according into their own liking.
457  Economy / Trading Discussion / Re: What Reward for a Trading Mentor on: November 08, 2023, 09:52:05 PM
I don't see any wrong with mentors, as long as they are teaching you right and if it's free then it's good if not then you must agree with the fees you are paying and that's enough, it depends on what you discussed or agreed.
Just make sure you are talking with a legit trading mentor. And make sure try to apply your lessons with your mentor in real trading environment.
The challenge if you hire a mentor is that you are not sure if what you get is actually a legit and a professional mentor. You know its easy to claim that you know trading well and that you are making good profits from it, but in reality you are just like any other traders that keep on losing the market. That is the reason why we don't need to trust those trading mentors easily especially if they require higher fees. We need to check their background first if they have been really into trading for several years.

And if you're lucky to have been mentored by a professional trader, then make sure that what you learned are the ones you applied in real trading. Because its undeniable that when we get to trade at live trading, we easily forget what we have learned and just focus on trading using what we think could work in our trades. That is why constant practice and experience in trading is crucial because that's the only way we can improve our trading skills and strategies.
How you would really be that able to determine if you are dealing with the right or professional trader? There's no way that you could be able to determine that yet stats could be faked
and they would really be normally showing off only their profitable trades and hiding their losing ones. This is why you should really be careful on choosing one if you dont really like to experience
out such conditions. There are really moments on which you've been thinking that having a mentor would really be something that could fasten up your learning process but we know that
it would really be something that needs up for you to pay something for that.

You could eventually be able to learn up trading without any mentors on your own. Every information you do really need is really that available online.
It is really just that a matter of effort and time engaging on your part. If you dont just let yourself that being too lazy then you could
actually do it.
458  Economy / Gambling discussion / Re: how to start betting on sports? on: November 08, 2023, 08:45:32 PM
I am thinking to start betting on sports because I think it is fair then other games and there I should be able to control my hands which I could control while playing games like dice, plinko, mines, etc.
I want to know how can i start betting on sports and start making good profits, I am asking this type of question because i have no knowledge about any sports or players.
please give me some tips, strategy, resources to getting started.

do not reply with suggesting good platforms to bet on, I already know reputed platforms to bet.

EDIT: I know a little about cricket and football.

If you understand football, I think you are good to go my friend.
Since you have been a fan of football, have you for once in your mind while watching football had it in mind the team that was going to win? And when you had such did they later win as you had in mind? You should definitely have one but how can you come with such assumption in your mind. It's your brain that will help you do the statical data analysis to have such predictions. Like when you see that a weaker team is playing against a strong team, a team that has lost two matches against another one that has not lost any in their last matches, a team with that has highest goal scorer against the one in relegation zone. This is how you can come to a conclusion watching football and using them to make analysis.

As for the casino to play, their options are very trickish. A gambler can use a simple option that you least expect to win a ticket whole you that select over 2.5 and home and away might not win. Understanding sport bets doesn't end in the team alone, you also know how to tweak the booky you are using because some option you may choose will not work on your favor. Learn to ask around people that play sportybet, they will show you some tips that you may not see here. Good luck.
One of the things that you should really be needing to consider is that you do have that kind of knowledge when it comes to sports so that you would really be able to fit out yourself with this kind of betting.
Its important that you should really be wary and knowledgeable on the sports that you are betting on. You cant really just that make yourself that too careless when it comes on making out bets because
on the time that you are really making up some bets then it would be common sense that you should be knowing on whose those teams or players on which it would really be that a common approach
or things a must that you do have at least the idea on what you are dealing with. Next, not only having the idea on making some bets but also at the same time you are really that
enjoying the game since you are really aware or interested on such sport which i do say whats the most important thing.
459  Bitcoin / Bitcoin Discussion / Re: What's happening with Bitcoin transaction fees? on: November 08, 2023, 06:54:25 PM
I did a transaction recently and the average tx fee suggested by Electrum made me wait 10 hours to confirm.  This is not good if Bitcoin wants to compete with fiat payment processors.
You have to check https://mempool.space/ before making your tx, sometimes Electrum might not give you a good estimate when making your tx, if you check mempool.space, you can then customize your fee rate in Electrum to that for high priority, and you may not have to wait for so long for a confirmation. Though take note that you could broadcast your tx and the fee rate in the mempool goes high, meaning you have to either wait for the fee rate to drop, or you have to bump your tx with rbf.

BTC isn't competing with other payment systems, blocks are mined ~ 10 minutes on average, and tx fee rate can go high sometimes, meaning that you have to outbid other users by paying a higher fee to get a space in a miners block.
This is what i like when using up Electrum on which you could really be able to modify fees according into the amount that you are really that willing to be spend in terms of fees amount.
In regarding on the situation and connecting out on BRC20 then its not really that new anymore, this kind of network congestion is never been the first time that do happen into the network.
Just like on what mentioned above, this would usually flat out on 1-2 weeks time basing up on the last congestion similar as this but if you are really that in a rush
on pushing up a transaction then you could always have that option on taking that high priority fee.

The ones who are mainly affected into this one are to those people who are really that making some micro transactions on which even if 4-5 bucks isnt that much on some people
but this is an amount that not all would really be liking to see on. No one really likes to pay up high fees but this is actually the main flaw of Bitcoin
is on about its scalability but well we arent experiencing this problem all of the time.Indeed there are really just times of  the year that we would really be
hitting up this scenario.
460  Alternate cryptocurrencies / Altcoin Discussion / Re: Government's actions against crypto on: November 08, 2023, 12:08:28 PM
The US government and the cryptocurrency market are having a lot of ups and downs, and it seems like they're headed towards a very important conflict. This conflict will determine the fate of many people and companies involved in cryptocurrency. They might have to shut down or move to a different country.

We are almost having similar situation in Africa, where leaders in government position have put restrictions on cryptocurrency and some of  it's activities in some countries, however that's it's just temporarily, because the good news of bitcoin is coming like a moving train to the nooks and crannies of the entire continent.
But for the US government, I believe the issues will be resolved, because the US the government understands the importance of cryptocurrency in the market and how reliable it is.

IMO, I believe that some countries have already adopted Bitcoin because they see it as a window of innovation (technologically and economically) while other countries will someday accept and embrace Bitcoin (It may take a long while though), some countries may still want to oppose it because it will reduce people's dependence on traditional financial systems. I mean... take a look at how Bitcoin provides a system that bypasses the regulations of the traditional banking system. Some countries have seen that if they made Bitcoin legal and it gets adopted, it would likely weaken the influence and control that politicians put on the economy, which will then limit their ability to manipulate financial systems for their political needs.

We know that not all corners of the world would really be accepting or recognizing Bitcoin of its existence. Yes, there might be seeing some positive of it but majority of them would really be going or emphasizing on that negative side on which its not really that shocking anymore.Government doesnt really like on something which cant really be controlled on which means that they would really be that opposing on Bitcoins existence on which they've been had already been trying it for a while now. It turns out that they cant really be that totally be able to crack it down or simply shuts down and this what makes into those whom do support Bitcoin did build up
more trust and recognition into its existence yet having something which government couldnt be able to trace and able to control on, then this is something that what most people preferred.

Although, people would really be that still sticking into those traditional things but somewhat they do really get involved at the same time. There's nothing they can do if a certain
individual would really be hiding up their assets on crypto form and this is why they do really that focus on trying out to centralized on everything.
Ex. Exchanger and similar stuffs. This is where they do only have that kind of at least a good hold for us crypto supporters in entire market.
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