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4861  Economy / Gambling discussion / Re: Manny Pacquiao Might Fight Golovkin on: June 14, 2020, 12:24:14 PM
I saw this old article published in 2015, this seems interesting because Golovkin had already showed his interest before.


Yeah, I think this is when Triple G was at his peak and destroying everyone at Middleweight and cleaning up the decision. So there are no more challengers and he is looking for money fights that's why he showed interest to fight either one of best, Floyd or Manny.

But again, the same arguments we have today, Triple G is too big for two, specially Manny Pacquiao. And we eventually saw Floyd and Manny fight that year, making the biggest boxing fights in history in terms of revenue.
4862  Economy / Speculation / Re: For real? on: June 14, 2020, 11:18:12 AM
Most "analysts" think that being overly positive about Bitcoin and predicting huge returns is the way to go when building a community on social platforms, this leads to lots of shills with little or no factual evidence to support their predictions. Just as unrealistic FUD is frowned upon, throwing insanely high figures around to try and instill a bullish sentiment is as well.

Most analyst are just shill, 50% of them have businesses related to bitcoin, while 50% have investments. So this is one strategy that they have been using to create a lot of FOMO, win-win situation for them.

Investment is a personal risk and you should DYOR before putting your money into any cryptocurrency at any time. The analyst could be giving his price expectations for the next decade while your investment plan is about 6 months. Choose the strategy that best works for you.

We can't stress that enough, crypto investment is risky, we have seen those investors in late 2017, irrational buyers who think that bitcoin will go on parabolic rise to $50k, so they bought at the peak price and then we all know that 2018 started the bearish trend, so majority of them get REKT. So we shouldn't listen to this so called experts.
4863  Economy / Trading Discussion / Re: FOMO In Crypto; How to identify It on: June 14, 2020, 10:20:44 AM
There are also times that being FOMO is positive; high-risk high reward.
You entered a trade on the top but you still can profit it, just like riding along with, that's why it is a risk. It's like catching a falling knives if you enter a trade because the reason is just a FOMO.
But I saw some traders who tried to make profits on it, they entered a FOMO trade but they exit in after a short period of time or once they already in profits.


Yes, there are also a good side of FOMO, but you have to be very quick to recognise that this is just a FOMO and nothing else.

Its easy, FOMO is here every time when big newspapers that normally do not write about Bitcoin, just write about huge Bitcoin´s growth. Then many people see easy money and they start looking for buying some cryptocurrencies. And this is the worst time for invest in most cases. Because you should do the opposite than what most do.

Wrong analogy, bitcoin's growth has nothing to do with the FOMO in my opinion. Well if you choose Altcoin market, yes there's a lot of them just being promoted with no use case and for simply profit taking. But as far as big newspapers, FOMO should be coming from crypto related sites, or at least a websites that reported everything about crypto so that it will not be an obvious shill or FOMO. And those people who sse that there's easy money here is usually the first who got REKT.
4864  Bitcoin / Bitcoin Discussion / Re: JPMorgan: Bitcoin's Market Structure More Resilient Than other traditional asset on: June 14, 2020, 10:03:22 AM
It's is purely business.

They know traditional financial markets will suffer a lot in the coming days years and investors will suit towards Bitcoin and other major cryptocurrencies and they want to cash it. Therefore such statements are more coming out from them.

You can expect other financial institutions and major banks to follow very soon

I agree, banks are in the business of making money so why not take advantage of crypto. He has been in the headlines since he says a lot of negative things against bitcoin. But we all know that is pure lies and Jamie did do it to create FUD, but on the other-hand, they stashing a lot of BTC and liquidate it when the price bounce back, Business 101.

And he set the blue print for other institutional investors on how to play the market and us. And as much as we hate them, it seems it help the bitcoin to gain the needed attention from Wall Streets and other deep pocket investors.
4865  Bitcoin / Bitcoin Discussion / Re: India may again ban cryptocurrency on: June 13, 2020, 08:49:03 PM
There's a possibility of India to ban crypto again. According to an article by decrypt, "A new bill in India may be proposing up to ten years of prison or fines up to $3.3 million for using cryptocurrency."
If the bill passed, the chance of having Indian into the crypto space will be very low as the punishment is too high.
Source- https://decrypt.co/32160/india-considers-another-widespread-ban-on-bitcoin

I think it just reflects the power struggles on India itself. IDC, the highest court in India has reversed the ban already, so with this bill, then are challenging it again. So it will be Judiciary vs Legislative, so this can cause another political strive in the country itself.

And I think it will not be very easy moving forward for Indian crypto enthusiast again, ten years in prison is harsh and the fine itself, it's like you have committed a severe crime.
4866  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Coinmarketcap's new feature - Chat on: June 13, 2020, 08:00:11 PM
I really don't know how effective it is though, I just used CMC to check the price quickly, to see where crypto is at right now specially BTC. So I don't want to create an account with them just to chat or something.

It might be better to go directly to the coin that you follows and join their official channel than using CMC, in my opinion. It's not that bad enhancement, but I don't see any advantage though. Probably another way for them to collect your emails for marketing purposes.
4867  Economy / Speculation / Re: 2 charts (short term), bulls and bears which is right? on: June 13, 2020, 01:20:32 PM
I know we just survived yesterday's small dump, and I do agree February pattern looks like it will be repeated but we also have to remember that everything about March and Black Thursday was a black swan event. That threw out all the markets, regardless of short-term signals. I'm also thinking we could be seeing another crash coming but no TA will prepare us for this:)

Really hard to eyeball the charts, those chart patterns will not really prepare us for something worst that's going to happen, after-all we can really see and predict the future, it's just guide.

Trading in the last 24 hours have slow down again, it is weekend, we always see this sort of 'pattern'. We can't say where we are heading, bulls and bears are taking a rest. The real action starts on Monday again, if there is a break out run, I'm expecting the bulls to fight that 5 digit barrier again next week.
4868  Economy / Gambling discussion / Re: Boxing Betting this June? on: June 13, 2020, 12:37:47 PM
So here are the numbers:

Magdaleno vs Yenifel Vicente - the telecast peaked at 392,000 viewers, average 311,000 viewers
Stevenson vs Caraballo - the telecast peaked at 609,000 viewers, average at 397,000 viewer

https://www.boxingscene.com/magdaleno-vicente-espn-telecast-peaked-392k-viewers-averaged-311k--149472

I would say not bad after-all, this is just the first fight telecast live in this pandemic, just imagine if these are top tier fighters, I'm sure it can go as high as 1 million viewers on average.

Yeah, not bad at all. Just curious if Top Rank did profit on those fights or it's just a gimme by Bob Arum to the followers of the sweet science.

Probably he did profit, but not as expected. Worst case scenario is that he could just be break-even in this fight for all we all.

For top tier fighters, IMO they will wait until audience could watch to generate more revenue from the gate.

If this pandemic continues, I doubt that there will be boxing fans allowed to watch the fight. Yes, they are missing a lot of money from live gates attendance, but this is better as compare to no money generated and you are losing revenue because of no fight.
4869  Economy / Economics / Re: US economy wouldn't be shut down again despite the rising case count on: June 13, 2020, 11:19:59 AM
I'm expecting the next phase of the US decision to be on massive job creation because closing down the economy has led to job cut which has a dwindling effect on the economy. Therefore, for a rapid and multiplier effect jobs have to be generated so that it will cushion the hardship in turn boost the country's gdp.

The problem is what sector that will create a massive job that you have describe? Every industry has been affected, and to get the economy moving again, business should open. But with the social distancing, I don't think that the economy will create more jobs.

So it's going to be a slow process in the US and we don't expect a recovery for this year. And there's also the possibility of second wave of pandemic, so very difficult situation not just for US economy but globally.
4870  Alternate cryptocurrencies / Altcoin Discussion / Re: Most trusted projects ruined me !! on: June 13, 2020, 09:59:49 AM
Late 2017 and early 2018 i was holding lots of coins and tokens from the ico's in that some i really trusted with solution and team (not only me most of crypto community trusted). Now this coins or token became nothing . But some projects i entered  to sell for small margin profit these projects given profit . So holding token or coin for long term is meaningless.

It really depends on the coins or tokens that you are holding. However, 2017 was really a boom of crypto, lots of hype that's why most of them really skyrocketed on price and I don't know why you hold them and didn't get the profit instead.

And it looks like you have regret your decisions because this 2020, they are all useless crap that just clog your wallet and wish that one day they will get to a new all time high again. However, I don't think we will have that kind of market again because it has matured a lot and investors are not willing to invest more money as compare to 2017. Sorry to burst the bubble for you.
4871  Bitcoin / Bitcoin Discussion / Re: [Share]: Someone lost all of his BTC from malicious chrome extension on: June 13, 2020, 09:14:24 AM
It also shows that even though Eric has been in cryptosphere for many years, yet he still look very inexperienced and that is a huge lost for him and I do hope that this will open the eyes of crypto holders to really be very careful in handling their assets.

Unfortunately, we all know that he won't get it back and as saying goes, very expensive lessons to learn. And I do hope that Google will look at their policy regarding chrome extensions being added on your platform. So that it will be a safe place for everyone.
4872  Economy / Scam Accusations / Re: [Scam]: Nitrogen Sports Beta Testers on: June 12, 2020, 11:35:24 PM
So this is the second time in a month that cyber criminals have targeted NitrogenSports for this so called Firefox addons. And it's good that you have caught it before someone created an account and spread this scam in this community. I also did check NitrogenSports and it seems they are all aware of this potential malicious attempts using their name as there are warning banners when you login to their platform already.

Probably this scammers are trying to find their niche target here, Lol, offering exorbitant rewards but I'm sure gamblers are more intelligent than lets say average crypto investors who simply fall for tricks like fakeaways or bitcoin doubler.

And because gamblers see this, they can go and verify to sports platform immediately and causing this trick to be busted and exposed much earlier.
4873  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 coins to $5 million on: June 12, 2020, 11:07:25 AM
Lol, why do we need to email? The burden of proof is not on our side, and this kind of post will illicit negative reactions from community. And I would say that it will back fire big time on the project that you are shilling here.

And unless we are in 2017, I doubt that we are going to see coins being pump to millions. Investors have matured already, learn from their past mistakes and won't simply fall for scammers now. It's possible to post pics, if you don't want to buy a copper member, just post the img in https://imgur.com/ and we will quote it for you so that everyone can see.
4874  Economy / Scam Accusations / Re: Bhayyaji.com A New Scam Trick on: June 12, 2020, 10:31:17 AM
This sound like very shady to me, MLM/Ponzi like scheme. This is just disguise as supposedly lottery but behind it sounds like the people behind are pulling Ponzi as others have look at it.

I'm sorry to the shill account, we don't believed your reasoning we can't really proved that they won't rigged the supposedly lottery result, so many red flags here.
4875  Economy / Speculation / Re: BTC big Movement.... &.....ALT.......... on: June 12, 2020, 10:07:12 AM
As far as BTC's volume though, yes there is a quick jump in the last 48 hours after the dump, which means that there could be lot of buy orders getting executed. So we will have to wait and see again what will be the trend or if an imminent break out is to be made.

For altcoin market, it's been this way for the last two years if I'm not mistaken, so I'm not expecting any pump. BTC is still overshadowing them, and obviously, only ETH is moving along with BTC.
4876  Economy / Economics / Re: I tried money making apps! on: June 12, 2020, 09:34:34 AM
Thanks for the list, most of them I have never heard of and as the world is changing because of this pandemic, I'm sure there are a lot of ways to earn money, even passive income. And yes, this is not permanent though, and it's not going to be big amount, but we have to start something.

I don't know if you have heard about "Print on Demand" (PoD), I think this is also a good way to earn specially for those who are good in design. Hard to find crypto related though, except to be an affiliate of exchanges.
4877  Bitcoin / Bitcoin Discussion / Re: A way to backup your wallet.dat to paper on: June 12, 2020, 09:09:55 AM
I don't know but I wouldn't put risking my wallet.dat on a cloud even if it is encrypted. In order for us to secure our assets here, we really need to be paranoid on how we will secure it. So I won't get into it, there are a lot of ways to protect and back it up in your HD, CD, flash drive. Hackers are watching our every move and they are on a hunt, so this suggestion should be not on our list, just saying.
4878  Economy / Trading Discussion / Re: How do you make a trade or investment decision? on: June 11, 2020, 11:57:11 PM
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?



There's no so called one stop place for everything. Usually when there is a hype to let's say Coin X, then you have to look and search everything about in on the internet. Facebook, Twitter this community etc. But you have to be logical though, just because a coin is being hype means it is good to invest on it.

There's also this news aggregator that you used such as faws.com. Bottom line is that you really need to invest a lot of time investigating coins that you are going to invest on, its your hard earn money to begin with so invest wisely.
4879  Alternate cryptocurrencies / Altcoin Discussion / Re: Short suggestion and situation on: June 11, 2020, 06:30:11 PM
From what I see in the current situation, I can understand that it is most convenient to make money online from home !! It is unknown at this time what he will do after leaving the post. I thought it would take another month for graduation to end and then I would go out looking for a job but now what I see is that I have to make the house my job! So I'm trying to do something online !! And I think this will be suitable for everyone who does not want to sit !!

Join with altcoin is the best.

Even before the pandemic occur, there are a lot of online jobs suited for everyone. Been working online like 10 years ago, but the problem is that it is not stable as lets say that you have an office job and being hired as regular employee with perks and benefits.

But with this lockdown, many people lost their job and trying to find online jobs. So competition is very tough as well, regular graduates this year w/o experience vs those who have previous experience. But as far as joining altcoin, too risky for people without stable income, in my opinion.
4880  Economy / Speculation / Re: What will governments do next to manipulate Bitcoin? on: June 11, 2020, 11:01:24 AM
What, do you think, the governments of different countries will do next to manipulate Bitcoin? Will it be to drive the price up or down?
In my opinion manipulation on bitcoin price levels already happening like some governments are secretly buying bitcoins and to buy cheaper they might be manipulating bitcoin markets. If more governments are involving into bitcoin markets then we can obviously expect prices to go up but if one or tow countries try to grab cheaper bitcoin then they may go for manipulating prices to fish for cheaper. There are whales hence we can expect sharp down fall at anytime before we start travelling to moon and stars.

The problem with this theory is that it is hard to prove if governments specially US is really buying and hedging bitcoin. For now we don't have solid proof that indeed US is on so called manipulation.

When more government start participating into bitcoin or different busies level which means we even considering such participation/suggestion as manipulation, bitcoin prices will definitely skyrocket. Government manipulation will be good whereas individual or corporate' manipulation should be avoided or need to approach them with more care.

Bitcoin price skyrocket because of simply law of supply and demand. If retail and institutional money will flow then it will really go up. But government admitting that they are into bitcoin are rare, maybe except for those countries who are trying to circumvent any trade embargo like North Korea.
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