I think that it depends on whether El Salvador will reach their target by making Bitcoin legal tender. As far as I know, they bought Bitcoin which was worth $140m and wanted to distribute them among people as $30 each. But I heard something also that people were still not eager to use Bitcoin in their daily life and for investment purposes. If that's true, then the government should develop new strategies to gain their interest in Bitcoin. It should educate its people about Bitcoin well first. Maybe it stems from the lack of knowledge about Bitcoin and the market.
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In my country, the trading of Bitcoin is not illegal. And it is not officially legal also. Because there are some regulations on the way and I assume we will see them before the end of this year. Until the regulations start being active, shopping with Bitcoin or any other cryptocurrency is illegal. We can just trade our coins in crypto exchanges. I guess the government wants to tax the transactions while buying something with crypto but they can't do it as we are waiting for the regulations. However, it's not clear yet whether the government will let people buy something with Bitcoin after the regulations.
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It's a good question that everyone is curious about a certain answer of it. In my opinion, this is not very possible. Because Bitcoin is a volatile cryptocurrency. Maybe its volatility is getting lower in time (which I don't believe so) but the volatility will never be gone. This is the nature of Bitcoin. It's been like that since it was first released. Governments wouldn't lean towards making it legal tender that easy. For now, there are only some developing countries that are aiming to do so. Developed countries are searching for ways to keep their currency's value and they are developing their own digital currencies at the same time.
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We had really awesome games today.
In the Manchester Utd - Leeds game, I thought that I watched the best game ever these days. Manchester Utd had an incredibly good performance. They literally obliterated Leeds, 5-1. Pogba and Fernandes were extremely impressive. And I think the player of the game was definitely Pogba. He made 4 assists in one game which was insane to witness. Fernandes made a great hat-trick also. Manchester Utd have threatened the rest of the clubs in the league by having a start like this.
In the Chelsea - C. Palace game, Chelsea did the expected and erased their opponent, 3-0. Lukaku wasn't able to play as he was lacking match fitness. But Chelsea were still able to win this easily.
And in the Norwich - Liverpool game, Liverpool made a solid effort and defeated their opponent 3-0 away. Salah had a very good start by scoring 1 and making 2 assists. There were some speculations like he would leave the team some time ago but he stayed. Klopp must be happy about it.
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Over the Lautaro Martinez matter, I think that he won't leave Inter this summer. Romelu Lukaku has already left the club for a price around €115m. And he made the club a lot of money that's for sure. But one thing is certain that Inter have lost a great deal of power after he's left. And they wouldn't like to lose more power on their attacking side.
However, they need money to make their financial condition better also. So, there is a dilemma for them here. And when it comes to Martinez, I think that he wouldn't like to leave the team for a less powerful team like Tottenham or Arsenal. Therefore, I don't think that these clubs will be successful on signing Martinez this summer.
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It stems from the market's getting bigger and bigger every day. As the market and Bitcoin also become stronger, it is getting harder to manipulate Bitcoin price. We had another example some time ago.
Elon Musk talked positively about Bitcoin but the price didn't even care about it. It was still standing where it was. So, I guess that Elon Musk or any other person have come to realize this. If I were them, I wouldn't try to manipulate the market anymore.
Companies like Tesla and Amazon can only help Bitcoin adoption reach higher levels from now on, I think.
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I think that the answer is quite obvious. There isn't any guarantee for Bitcoin to maintain its place in the market forever. Even it is not certain that Bitcoin will continue to exist forever or not. No kind of currency guarantees you such thing. You should always be ready to see even Bitcoin being destroyed by another cryptocurrency in the future. Maybe it will be an altcoin which already exists like Ethereum, BNB etc.. Or maybe, some people will announce a brand new cryptocurrency project in the future. And it will be even more promising than Bitcoin. And after some time, it will manage to leave Bitcoin behind and capture its throne.
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Actually, we can't call it as "risky". Because it feels weird. Rather than being risky, we would miss a very big opportunity to e.g. double or triple our investment in the long run. We don't have to invest a very high amount like tens of thousands of dollars into Bitcoin for example. Even if we make an invesment which is worth around a few thousand dollars or less for example, we would make a lot of profit.
And I believe that the best place to make an investment for a long term is definitely Bitcoin. Maybe you can be a daily trader or a short term investor in general. But I recommend all people to buy some Bitcoin also and to HODL it for years even it's needed to reach your goal. I say "your goal" considering you set a price goal to sell when it's achieved. It's an important action to take also.
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Yeah, there is really something interesting about them. They banned all social media like Facebook, Twitter, Instagram etc. and developed their own version. People started to use those versions rather than the global ones. They are living in their own world as they have disconnected from our world. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I really wonder why they are doing this. Don't they trust the global versions really? They actually like to ban some other things also. For example, they have banned cryptocurrency mining now. Miners have to shift their work to other countries if they want to continue to do their work. It's like they are allergic to things that come from other countries.
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The main reason why we prefer to accumulate Bitcoin is that it seems as the best option for a long-term investment. Since Bitcoin was first released into the market, we have witnessed so many people have gotten rich by buying Bitcoin and HODLing it. There have been Bitcoin millionaires in many countries. And I remember a person from YouTube named Davinci Jeremie who advised and begged people to buy at least $1 worth Bitcoin 8 years ago. See his video below if there are someone who still hasn't watched it on YouTube: https://www.youtube.com/watch?v=Cw29h7LhEuE
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Congrats to Chelsea on this huge win! We have seen a very tough and competitive game. Villarreal also were very willing to win this game and reach the Super Cup title. They succeeded in carrying the game into the penalty shoot-outs. But after Albiol missed the last penalty, they were defeated by Chelsea 6-5. I appreciated the performance of both sides. I think they equally deserved to win the title.
And Jorginho must be really lucky to play at Chelsea. Because he won the Champions League and the Super Cup title consecutively. What a great achievement!
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There are two games which I think they will be very competitive and delightful on the first week:
Monchengladbach - Bayern Munich Dortmund - Frankfurt
For the first game, I think that Bayern Munich are closer to getting a win. They still have a very strong squad. They haven't made much change in their lineup. It was rumoured that Lewandowski could leave the team for Chelsea. But Chelsea ended this speculations by signing Lukaku. So, I expect Lewandowski to start the season well and score in this game. I think that he will have a big role if Bayern manage to win. But we shouldn't also forget that Gladbach are a tough opponent especially in an away game. They defeated Bayern 3-2 in the last season here. I'm favoring Bayern in this and they should play against their opponent very carefully.
When it comes to Dortmund - Frankfurt, I'm favoring Dortmund in this one. Haaland was another player who was rumored like he would join Chelsea. But it hasn't happened. And Haaland started the season great. He made a hat-trick in the DFB Pokal game of theirs. I think that he can score at least 1 or 2 goals in this game also. Frankfurt are a tough opponent but I think Dortmund will make use of playing home and defeat their opponent.
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Bump. First game kicks off on Friday.
If anyone is wanting to play but can't pay by Friday I'll allow up to the end of the month to do so.
Hello @hilariousandco. I would like to participate in this contest. I want to pay the admission fee next week. I hope that you can accept me. I paid the fee today. And I sent the TX in a PM to you.
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a) 6 b) 2:05 a) 22 b) 2:10
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This is another FOMO for people, not a different thing than that. People see that Bitcoin price is increasing like hell and the other people buy Bitcoin more and more. So, they start to feel like they will miss out a golden opportunity if they don't buy immediately. This feeling affects these people so much that they also start to accumulate Bitcoin suddenly also.
But I must say that FOMO is absolutely not a good thing to do. It might cause you to lose incredible amount of money after some time. People who FOMO are mostly panic-sellers as well according to my observations. They don't destroy only themselves. They harm the other investors also. Because when they start to sell a very high amount of money, it just destroys the market also. And the price starts to have difficulty in staying at its current level as the resistance is weakening. This leads to even a big dump sometimes.
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Money and happiness... These two are not so far from each other in fact. First of all, I would like to clarify that money can't buy happiness. It's so true that we become happier when we are in a better condition financially. But it doesn't mean the same with the previous sentence. We just like to be able to afford something we would like. It doesn't have to be a very very expensive thing. For example, we have our hobbies unique to ourselves. But we should be able to afford the things needed to ride our hobbies. If we are poor, then we would even have difficulties in buying our basic needs.
So, money has an important role on people to make them happier.
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