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4881  Economy / Speculation / Re: Can BTC go down to <$5k again now? on: January 18, 2021, 10:32:17 PM
The problem with this 5k scenario barring any other details is the denominator is dollar which we have a vast excess of in the world relative to GDP growth of that nation at least.   By mistake one nations currency has been used to describe alot of the worlds trade which is incorrect because the currency is relating to debt not repayment or asset value, in short this is weakness.   So the question is can BTC be even weaker then something especially negative and unable to repay debts, its possible but we should wonder why the price back tracks to that extent and presumably over so much time.
  It can happen but I think its more of a volatile event and for years people expected BTC to be the protocol that failed in various ways but without bias its as easy to speculate dollar has the flaw.
4882  Economy / Gambling discussion / Re: [Boxing] Floyd Mayweather vs. Logan Paul - February 20 on: January 18, 2021, 05:04:05 PM
Thats interesting information and explains why this is going ahead really because Logan is a nobody in sports but he does have an audience and in advertising addressing a specific demographic outside your normal reach is good business and maybe Floyd is really that smart is raising his own profile for the future no matter the outcome.   Now all the fans of Logan know him and hopefully have some respect, recognition for future ventures.   Moves inside the ring hardly matter compared to larger brand business possible, its why some of these celebrity names can end up in ownership of business closing on billions because they just keep rolling over their previous success into new arenas, he cant fight forever clearly.
4883  Economy / Gambling discussion / Re: ESPORTS - predictions and tips (Dota 2, CS:GO, LoL) on: January 18, 2021, 04:33:22 PM


These might be watching matches rather then betting opportunities.   I do want to watch the first match, I'll do a small bet on a 2-0 result but its a bit of a blind guess and I might add live during the game.    LDLC and Endpoint take a look if they lose the first map for better odds
4884  Economy / Speculation / Re: $80k within 6 weeks, new ATH October 2021 on: January 18, 2021, 02:52:25 PM
I think we've lost the momentum for this moment.   It is still positive just today rising on volume above short term measures but Im not sure the pressure is still there, maybe it can regain it later for this kind of target.   Im thinking multiple years for the duration of the move not all at once in these months or in perfect sequence and just one direction.


4885  Bitcoin / Bitcoin Discussion / Re: Had you sold your Bitcoins ? on: January 18, 2021, 08:09:26 AM
I also sold bitcoins when it cost $ 20k. I will not buy at a high price, I enjoy the results of selling my bitcoin and right now I am waiting for the price of bitcoin to decrease and I will buy when the price of bitcoin can be below $ 20k

Its best not to sell all unless you see some fatal mistake because on the flip side Dollar has structural problems which can end it, on balance holding some BTC is best for most citizens in most countries.   If you are a great trader then take the risk but most of us are observers on a phenomena not witnessed before and being so new in the world makes BTC too unknown to sell all.
   The other point is not to get hung up on one price, we may not trade below 20k as the ATH is over twice that.   Or we trade below but only briefly and most are busy people.
4886  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: January 18, 2021, 08:01:32 AM
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Don't forget most withdraws on exchanges also are a profit center.
Definitely is that way, they allow deposits no problem but when people demand it back and just want any hassle over with thats when the fees come in and people are far more likely to take it without it hindering future usage of the exchange like deposit fees might discourage some.     The biggest use I've found for ETC the old branch of ETH was being common but also very cheap between exchanges, many of the other alts fail to do that or have spread margins too big to be worth it or just not common elsewhere to transfer.
   Meanwhile using a wallet is not a problem, it clears with really not much needed so the fee problem is a useful construct for many sites to gain minimum revenue from every user.   Eventually zero hassle has to be a thing for mainstream takeup.
4887  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 18, 2021, 04:23:28 AM
Buy some golden tickets and it'll push your % past 100% again and it'll give a bonus on free rolls.   Same for event bets etc.

On the transaction fee issue I sent something earlier from my wallet and looked up fees, I dont care about time taken too much so just took the fee amount for week clearance.   This sites wallet is not user set fee but still I think it relates to how long it might take.   The estimation is looking retrospectively but the blocks to process transaction are prospective so sending too little can stall if transactions spike but anyhow the week estimation cleared in a few hours.  The network is operating tons better then it did years ago with backlogs even if it appears too busy it has improved which I find bullish for pricing from better utility and access to all users not just the million dollar movements.   Ultimately the growth in an economy comes best from the smallest participants which is counter intuitive but is my general take for likely success in BTC or even GDP imo
4888  Economy / Speculation / Re: How will Bitcoin trend at this time? on: January 18, 2021, 04:22:22 AM
BTC is above a volume average since December also challenging shorter term measures; subject to consolidation apparently.  Lower highs on daily and slowing momentum with moving averages converging.




I would say watch carefully, if we pull back it will still be to a bullish trend and is likely to rally again.   Buy dips sell rips isnt a bad simple strategy to take up, my general rule is always to take lows as a series more series then the highs which naturally are frothy.
4889  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: January 17, 2021, 07:04:53 AM
If the odds are 1 in 1000 and you roll 1000 times over 6 years say and it doesnt give the reward, its fair to complain but its also a normal outcome that can happen.  
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Wierd really
Lots of people are going to get that, its not too outside the norm.   Past that point on averages it does qualify as especially unlucky or unfair even but its not broken as such, somebody else got extra lucky and obviously we dont complain about that  Tongue   Somebody won the lotto with 1 ticket and my 10000 tickets got nothing, I'll moan but theres not much to do about it because that is the game.    
   The only error I saw on the wheel of fortune just now still lets me switch to other captcha and proceed anyway, not seen anything that halted progress more then a second.
4890  Economy / Speculation / Re: to sell or buy BTC? on: January 17, 2021, 04:33:56 AM


With this downtrend in play its reasonable to halt any buying but if it breaks the downtrend I would suggest you can take up some buying in a similar way to previous runs.   A break of 35385 on 4hr bars is a reason to be especially cautious and expect further downside, 34395 is low below as a further check to negative action.    I do expect those levels to be challenged later on today going into the week there is often turbulence.


4891  Economy / Speculation / Re: How low will BTC go before the next leg up to 45-50k?? on: January 16, 2021, 11:20:30 AM

Lower highs and higher lows which is what is happening now, suggest downtrend to me to be honest.

That'd be a triangle which can break either way, holding a price range isnt that negative.    Backtrack to 30k is fair play I think  but it can move upto 50k so long as dollar is weak, maybe that is the biggest clue.



Certainly long term it seems the dollar has problems but its often price already reflects expectations fully and its deceptive in moving counter to everything known.    The chart over weekend is representing gains as become usual I think, we passed 12hr fast measure and challenging 2 day average.   The low here is about 38% retracement of the selloff at the start of the week so its reversing that sell yesterday.
   The 2 day and weekly average is about in the same place so it could be some significance to watch the highs happening right now, forming these into a low over the weekend would be a point of strength.   I only especially count 5 days during the week as direction for topics like this on medium term.
4892  Economy / Gambling discussion / Re: Esports Prediction & Discussion Thread on: January 15, 2021, 05:02:25 PM
I've been betting on CS games for a while, more active in the past but Im subbed to many groups most of which are long since dormant from the days of big skin bets.  Somehow one of them popped up today with a bet after what looks like a year since the last post.    Might be worth checking back if they come active again, they made a pretty yolo call for domination on the first map with Gambit.   I guess a fair call  Hobbit major winner and all that but I wouldnt know to be that specific but anyhow something of interest.
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Also good news there will be a CS major happening, run by PGL but not until the Autumn.   My guess is it does go ahead as other games have managed to do so.
4893  Economy / Speculation / Re: Don’t Panic on: January 15, 2021, 02:34:44 PM
I asked a longterm profitable trader on the volume issue and he said to continue the trade as long it works basically.    I would also intrepret that as being we can revise the pricing around the bars leading to 30k, I think thats reasonable but I dont know when.   I think some weakness will still be there should the market demand USD over BTC,  we do have some issue with rising yields possibly.   Bank results are out this week and so far they have been fair within expectations so sentiment is not too negative.



My chart is just fib lines within the sell area and possible retracement.  We are below the 12hr average which I've been noting as in line with bullish action and now also below 2 day average.
4894  Economy / Speculation / Re: Your price expectations for 2021 on: January 15, 2021, 02:28:48 PM
I'm going to swap 2021 and 2020 around then because we had the stimulus event blow the wheels off the monetary system it helped accelerate BTC to new heights.   But in revision I think 2021 takes the place of how I expected 2020 originally which is mostly sideways, I wont say negative but subject to inflated expectations some may interpret it that way.    Stay patient and humble brethren.
4895  Economy / Gambling discussion / Re: [Boxing] Floyd Mayweather vs. Logan Paul - February 20 on: January 15, 2021, 02:19:05 PM
He wont even get 1% or 0.1% of his followers to pay for the fight.    Only one in a household has to pay for starters and the thing is with subscribers on Youtube is most in many cases arent even regular watchers.   They sub in case he posts a big video and maybe it shows in their queue but I'd go to the extremes of saying 1 in a thousand or less watch the fight so its just as well he has 20 million subs I guess, that'd make it about 20k people pay and I think thats a fair take.    Boxing fans will mostly be there to watch the more mainstream names, its a great deal for Logan as a nobody to collect money and I totally dont blame him.
4896  Economy / Gambling discussion / Re: No 2FA and robbed of 0.097BTC on: January 15, 2021, 11:29:55 AM
Any specific information should go in scam accusations section of the forum as people can report similar circumstances occurring and a picture can be built up as to what is happening.   I recommend using an email provider with 2FA and requiring an email login verify via that can be a stop gap or backup option thats not as cluttering as 2FA on every site. 
4897  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: January 15, 2021, 11:17:29 AM

Nice, I've seen some very innovative entries previously and even if not winning people may give merit for good entries seems to be often happening.

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because we all know it would either take years, or it may even never get picked at all,
When Ive sent myself personally low fee transactions by accident  as I've got a weird personal wallet that for some reason seems to give half the fee sometimes then I've found it doesnt take more then week or a few days.   The current BTC system even though its slow with a low fee, it does eventually get round to them.    I'm glad thats the case as its not really a credit to BTC if things get stuck and that used to happen much more like in the last big peak ATH.  
  You can find fee guides on twitter that will estimate the next block queue and fee vs time taken to clear.  I've been using that for years as a guide.
4898  Economy / Speculation / bearish divergence on: January 14, 2021, 10:00:02 AM
Being bearish in a bullish market means you should expect to be wrong on every idea and probability as even if correct short term the trend resolves to the longer term time frame.   Market does have a bullish trend which its exceeded and become exponential in its look, to speculate when that might end or reset is again hard to do.    However we do appear to be moving higher with lower volume here, though this might vary by exchange so I venture this as a working idea rather then a conclusion and mostly thats my process anyhow.



  Someone said the best ideas are drawn with crayons so with no shame I stay simple in that respect :p      Not sure if we are due a further revision in the range down to 30k then perhaps or it can just resolve over time also not just price.
4899  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2021, 12:41:01 AM
28,000 pages!  Nice Cool  but..  BTC was here first.
If only people had not been slacking on the posting, we could have had 100k on BTC by now.   The two are irrevocably linked but we choose the higher road of only the highest discussion and tracking Cheesy
   BTC recent down move has ended in its trend and immediate movement, about 37k moves us positive above weekly average.
4900  Economy / Gambling discussion / Re: Gambling advertising monitored closely on: January 13, 2021, 11:56:11 PM
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Not like kids could get their hands on a huge sum of money anyway.

Certainly they can, thats the danger that it encourages theft and use of credit cards belonging to family left unattended.   Happens all the time in fact and in some cases the money is reversed as its basically fraud and easily arguable as poor practise for any company to be involved with.   Its not just gambling that has this issue but any app or game on phone its frequently found that encouragement to win the game via buying items that give the points is a common gameplay feature which is exploitive basically.    I can understand why counter measures are taken and hopefully even though we deal with crypto not credit cards its avoided here also.
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