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5021  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shiba Inu pumping again on: October 11, 2021, 03:13:43 AM
The pump has caused by elon musk's tweet. i see that some trading groups have been discussing about that. Shiba inu can't do that without the help from the big guy. The fact that crypto has no limit. It can go whatever the market determine. People didn't control the price but buy and sell activities were controlling the market. The meme coins can still be pumped anytime and this is not a big surprise for me. Im thinking that doge coin marketcap must become the limit for shiba inu. I meant shiba will able to achieve what already achieved by doge. This is crypto when everything was totally unpredictable. Another pump may come again very soon as the continuation for this bullish momentum. Bitcoin was also surpassing 50k
I also joined a trading group on telegram and saw all members doing fomo, I see them using Elon's tweet to influence other members
surely many are stuck in the top because the value of shiba inu is slowly going down

shiba inu and dogecoin are shill tokens from elon musk, without elon these two tokens are worthless, so be careful when buying this token
It is no surprise if people in that group do fomo to attract more attention from people who are new in that group because they want to convince people to follow what they did. But if they know that before they invest in crypto, they must research and find more information, they will not directly invest in Shiba.

The influence will only affect people who do not want to learn more. Only buy when you know the risk, how to manage the risk, and how much money you will use.
5022  Economy / Economics / Re: Are banks needed for crypto? on: October 11, 2021, 02:15:58 AM
I don't think banks need crypto, as we know that the function of banks is to help us transact, if we can do everything ourselves then banks are no longer needed, banks are actually dangerous for crypto because we give money to banks and we have no control.
The banks will decide whether they need crypto or will still use their way to control the finances. If they are aware of the development and have a vision for the future, they can learn about blockchain so the banks will get their position in cryptocurrency. The banks themselves will still be beside us and serves people who want to transact. As long as we can know how to treat the banks, we will not have a problem with our money. I think the banks will learn or research about blockchain and if they think that it is good to implement the blockchain in their system, they will use it.
Banks will already be in the crypto world when they are working hard, at the end of the day we are in capitalist world and if there is a money to be made then they will make that money and they will not leave anything behind. Which is why I honestly believe the moment bitcoin becomes something that is proper and legal and accepted everywhere, we will see banks get into it as well.

Banks do not get in right away with their own money, there are hedge funds that they bankroll which would be the reason why they end up making a profit from those hedge funds actions. Look at USA, literally the exact same thing that I am talking about is happening there as of right now.
That means banks are already entering the crypto world but do not announce it to the public but still hide what they did in crypto. Maybe their government asks them to do that so they tend not to react much about bitcoin euphoria. But when their government says that they accept bitcoin, the banks are ready to implement blockchain inside their system. That is smart moves from the banks if they do that because people will not think about what has been prepared by the bank.
5023  Economy / Trading Discussion / Re: *Day Traders* are now calling gambling Addiction helplines!! on: October 11, 2021, 01:16:40 AM
Cryptocurrency is an asset striving to provide solutions to myriad of problems from finance to counterfeiting, entertainment to gaming,  and the new kid on the block,  defi and metaverse.  Trading Cryptocurrency is not gambling,  the presentation of Cryptocurrency as a fast money making is!  Many people were made to believe that they can make quick money trading and investing in Cryptocurrency when in actual fact,  they were just gambling. Cryptocurrency is far away from gambling!
People need to change their perception that crypto trading is a fast way to make money because that needs many things before earning money from trading. They need to learn about trading itself and master every lesson to be able to make a profit. That is the only way they must do and to avoid that crypto trading is the same as gambling. If they do not learn anything, maybe that can be considered gambling because they only guess what coin they should buy or just follow the other people's suggestions.

if they trade altcoins, it's a sure win to lose. altcoin promises made them invest in crypto.
it's also what drives people to cryptocurrency because they see crypto trading as the fastest way to make money. the motivation to earn more drives them to go into crypto trading and then addicted to it. they wouldn't be calling for help if they are winning but if they are losing that will make it look worse. it likely affected their daily lives that's why.
If they motivate themselves to earn more, they must know that earning more needs more learning, which means trading will need skills. Trade altcoin can give them money if they do it right and are not in a rush. If they become addicted to trading and have the skills to trade, they will make money from trading and that will be better for them to trade than to gambling because, in gambling, they will feel hard to earn money than trading. They need to realize that trading can give them a chance to make money, especially if they are willing to learn more about trading.
5024  Economy / Trading Discussion / Re: *Day Traders* are now calling gambling Addiction helplines!! on: October 10, 2021, 01:18:01 PM
Cryptocurrency is an asset striving to provide solutions to myriad of problems from finance to counterfeiting, entertainment to gaming,  and the new kid on the block,  defi and metaverse.  Trading Cryptocurrency is not gambling,  the presentation of Cryptocurrency as a fast money making is!  Many people were made to believe that they can make quick money trading and investing in Cryptocurrency when in actual fact,  they were just gambling. Cryptocurrency is far away from gambling!
People need to change their perception that crypto trading is a fast way to make money because that needs many things before earning money from trading. They need to learn about trading itself and master every lesson to be able to make a profit. That is the only way they must do and to avoid that crypto trading is the same as gambling. If they do not learn anything, maybe that can be considered gambling because they only guess what coin they should buy or just follow the other people's suggestions.
5025  Bitcoin / Bitcoin Discussion / Re: Bitcoin ATM stolen in a liquior store on: October 10, 2021, 08:33:28 AM
I can not imagine their impression after they are in the safe house and trying to search for the money Grin

But they do not think much about the ATM itself and maybe they see much news about bitcoin and think that bitcoin is like cash which has a psychical form. Hopefully, it will not happen in the future and in other places.

But it is a crime that needs police to investigate who was behind that robbery.
5026  Economy / Economics / Re: Are banks needed for crypto? on: October 10, 2021, 07:30:13 AM
I don't think banks need crypto, as we know that the function of banks is to help us transact, if we can do everything ourselves then banks are no longer needed, banks are actually dangerous for crypto because we give money to banks and we have no control.
The banks will decide whether they need crypto or will still use their way to control the finances. If they are aware of the development and have a vision for the future, they can learn about blockchain so the banks will get their position in cryptocurrency. The banks themselves will still be beside us and serves people who want to transact. As long as we can know how to treat the banks, we will not have a problem with our money. I think the banks will learn or research about blockchain and if they think that it is good to implement the blockchain in their system, they will use it.
5027  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it Good time to invest in ETC ?? on: October 10, 2021, 05:23:44 AM
After what happens to ETC in the last bull run, it seems ETC can increase again for more in the next alt season so I guess it is worth investing in ETC. I have some ETC and already sold in the last alt season and I want to wait for the next increases so hopefully, ETC will have a chance to increase. Hopefully, when the bitcoin price can break the high price, the altcoin season will come back or even if the bitcoin price does not jump fast to the high price, the altcoin will have that chance to increase.

But yes, people will consider buying Ethereum than ETC because they think that Ethereum will have the potential to increase. At least, ETC can be our additional coins to hold for a while.
5028  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to buy BNB at the right time? on: October 10, 2021, 04:27:55 AM
If you ask how to buy the coin at the right time, the answer will be difficult because we do not know when the price touches the bottom and then bounce up. But as long as you can buy at a lower price, even if the price is still down, you will have a chance to make a profit because the price will bounce up. That is work for the coin that has an opportunity to increase such ethereum, bnb, and the other top coins. But if that is about the other coins that do not have much support or low market cap, it will not be easy to detect the lower price.

Maybe I will try to buy the coin when the price drops deeper and once the red candle shows in the market, I will prepare to wait for the next candle or place my order buy at another lower price. But I will analyze to predict when the price reaches the lower price or trying to detect if the downtrend is come or still waiting for more.
5029  Bitcoin / Bitcoin Discussion / Re: Reason why businesses should accept Bitcoin payment on: October 10, 2021, 03:37:26 AM
There advantage in accepting bitcoin, and that is the company will be able to gain more customers especially if they also offer business outside of the country, it's very useful especially for online stores and online gambling as well. Actually, they can just add bitcoin as their payment system to their current payment system, it's not that hard, and as long as they know how to manage the risk of volatility, I think bitcoin will be an effective currency for their business.

In addition, the government has to be friendly with crypto so they will regulate it fairly, that's actually the most important thing as businesses are regulated by the government.
Bitcoin gateway has a tremendous advantage for new start businesses as it will help build its capital in the long run, if the price of the asset goes up. But again, we must also identify the risk that is involved in this type of payment. But in all business is all about risk-taking.
With the volatility of bitcoin price and time-consuming to get confirmation from the transaction, it seems bitcoin is not recommended to be the payment method because when you pay using bitcoin, both customer and seller need to wait for 1 confirmation. Although when you click the send button, the transaction will get confirmed later. But sometimes, the customer does not want to wait too long to see it's completed.

Maybe the companies can use bitcoin for their employee as the saving or the investment from their salary and use some percentage from their total salary and send it into bitcoin.
5030  Economy / Service Discussion / Re: Best free trading Signals telegram channels on: October 10, 2021, 02:46:32 AM

But they could get wrong and we do not know for sure about that. I prefer to analyze by myself and if my analysis is wrong, that means I need to learn more about trading. That is a way to improve our analysis skills in trading.

As always every telegram groups or means of groups that send signal are all doing it for the sake of money. Money is the driving force to that and you can not think of getting adequate information or signal if someone else is doing that for you it is not reliable. I do prefer that I do it by myself to learn the process that will help me not to get scared of market volatility. As I new trader, I get scared at the volatility of the market and exit my trade in fear lol.
Yes, you are right. When we use other people's signals, we could depend on them when we should trade but we do not have a chance to learn what we need. In the long term, they could serve the signal anymore, which will confuse what coin we should buy. But if we learn more about trading, even if they stop giving the signal, we can analyze the coin and find the right one, which will help us make money. It is normal to feel fear, whether you are a new trader or an old trader, as we can not predict the market situation accurately. But with our skills in analyzing, we can anticipate how the market runs in the other direction.
5031  Economy / Speculation / Re: Btc $100k prediction by eoy on: October 10, 2021, 01:51:29 AM
Your scenario seems to make sense as bitcoin is not moving so high, but it still gives us a happy moment because we can back to make a profit again. Maybe after bitcoin reaches or breaks $60k, the altcoin season will come back to the market, triggering many good altcoins to increase more.

With bitcoin price moves now, maybe it could be a correction for almost all coins at the market or it will give a chance for the altcoin to increase, even for a little. But bitcoin will hit $100k in the future and I see the chance to reach more than $100k will be wide open.
I do not think that 60k will be that price, I believe it could be 100k, or at least 70-80 in order to break ATH. We always broke over ATH and then people were a bit more careful about putting even more money in when there is already new ATH so we should be breaking the ATH and get a new ATH before we start a new alt season.

However I know for sure nowadays that alt season comes only after bitcoin goes up, not before and we have not seen bitcoin go up that much just yet, we have seen it go up a little but not a lot. Which is why I suspected that 80k+ will happen before we have a new ATH. Do not take my word for it though, make your own research because I would feel horrible if I am wrong and you lose money because of me.
Yes, I also believe if Bitcoin could be $100k soon so maybe before it goes to that price, the price will stable to $70k-$80k. If I check on the market, the price seems to slowly increase and stay for a while in a range of price. I only think that if the next rally could lift the price to increase to $60k and then stay again at that price. The increase before was to $5k, so if the next pump comes, it could be at $59k-$60k and then back to $57k-$58k.

It will be interesting to watch the price moves slowly like this and make people curious about what next happens to bitcoin as that is still not clear. Your prediction to reach $80k could happen, maybe in this middle of the month or next month so we still have time to accumulate more bitcoin. It seems people have been given a chance by bitcoin to accumulating bitcoin before the price increase, so we need to use this as our chance.
5032  Alternate cryptocurrencies / Speculation (Altcoins) / Re: N3 Mainnet has been launched - NEO to $1400 soon at the end of 2021 on: October 09, 2021, 03:43:49 PM
If that is really happening at the end of 2021, that will make us take a big profit. Just imagine, if we have 10 NEO and the price hits $1k, we are making $10k. That is 10x off of the profit and I am sure that many of us buy that coin at a low price so we can say that is a big profit. With the price now, it is not easy to hit $100, although that could happen in the next altcoin season.
5033  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT for money laundering? on: October 09, 2021, 03:09:07 PM
Laundering money using NFT is a big mistake because NFT has nothing to do with anonymous, it's not sero or xmr where you can hide transactions and so on, why NFT OP? That's a wrong claim
We never know for sure, but people who do money laundering will know how they should use it. And if NFT can be the new way for them, they will try it while also trying to search for the other. Using private coins will help them money launder as they can hide the detection from the regulator or others. But I hope there is nothing we should worry about.
5034  Economy / Gambling discussion / Re: No one talks about Sic Bo!? on: October 09, 2021, 02:34:44 PM
~

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Maybe that game is listed on the site I mentioned before but not many of us playing that game and only some members know about that. That is normal to see that happening to us because we have so many gambling games that we often played before and do not try to play the other gambling games. That is why we do not know if that game is listed on BitCasino.
5035  Economy / Gambling / Re: Betfair like cryptobetting sites on: October 09, 2021, 01:28:12 PM
Do you try to bet your favorite sports on Stake or take a look for a while to check if that site can be the option to bet? Or Sportsbet, FortuneJack, Cloudbet or BK8 (I see this site on the altcoin section)? If you are not trying with those sites, maybe you can visit each site to know if that is what you want. This forum has many crypto gambling sites you can try playing various gambling games and I think you can get one or two sites where you can spend your time playing your favorite sports.

The sites you mentioned are different from Betfair. In Betfair, users betting against fellow bettors so they can get better odds. I'm not familiar if the same site offers the same features. For OP if you won't find any, you can now try the usual sportsbook being mentioned here in your thread. In terms of betting experience, I see not much difference and the environment is just the same.
Well, maybe that is not the same as what OP is looking for but at least he can try with the other crypto gambling sites and who knows, he can feel comfortable to find the other gambling site that can be his favorite sports betting. At least, he now has many recommended crypto gambling sites that he can try to find which site has all he wants.
5036  Economy / Speculation / Re: How do you explain the October pump? on: October 09, 2021, 12:23:21 PM
I do not blame September for the dip and consider that the market will always like that. There will be an increase and decrease and that is normal to the crypto market. Maybe the crypto market is getting more support or more people want to buy the coin, especially buying bitcoin at a low price, which makes the price rally to the higher price. We do not know how what is behind that pump and guess that with making many predictions but it is not easy to know the right reason why the pump comes on the first day of October. I prefer to enjoy every moment that happens in the market and use that for our benefit.
5037  Alternate cryptocurrencies / Altcoin Discussion / Re: Most Popular Cryptocurrencies Of 2021 on: October 09, 2021, 11:28:26 AM
Actually, we shouldn't focus only on the most popular crypto currencies, as they have already pumped and you are to wait for a drawdown to invest in them. But in addition to mainstream coins you can try something less popular or new, as coins with smaller marketing campaign can increase more significantly compared to those that are already in top, but consider risks please.
Yes, we should search for the other coins which have the same potential as the previous coins. But if that is about bitcoin, we should focus on bitcoin as bitcoin will increase so high in the future so we should try to buy bitcoin if the price drops. You do not have to focus on a new coin as we do not know if that coin can increase or not so we can try with the coin that already has a good history in the past. But every people will have their own way to determine which coin they should focus and find that coin and the important thing is we must analyze before we do something.
5038  Economy / Service Discussion / Re: Best free trading Signals telegram channels on: October 09, 2021, 09:32:19 AM
I am afraid there are no best trading signals in telegram, even if that group has a pro trader because the crypto market is not easily predicted. They can give the signals, but I am not sure if they can analyze by themselves with their skills because as far as I know, when we draw something to get the point when to enter or quit from the market, we will not share all details and only share a little from our analysis. Those groups can buy this coin at this price and take profit at this 1,2,3,4 and leave the market. But they could get wrong and we do not know for sure about that. I prefer to analyze by myself and if my analysis is wrong, that means I need to learn more about trading. That is a way to improve our analysis skills in trading.
5039  Economy / Speculation / Re: Btc $100k prediction by eoy on: October 09, 2021, 08:31:42 AM
At least, if he does not have many bitcoins, he can prepare his altcoins because the altcoin can get another altcoin season which will give a chance to the price to increase following bitcoin price. The popularity of bitcoin will grow and become a new trend which many people will see that finally, bitcoin price can surpass $100k and that will not stop that price from increasing more.

While the price is still below $50k, we still have time to buy but always analyze before buying to get bitcoin at a low price.
Altcoin season only happens after there is a huge bull run on bitcoin. I kind of figured it out by now but I can't give like some recipe for it because I could be wrong as well. I believe that after bitcoin reaches to a level where it is harder and requires a lot more money to go up, it stays there because it can't go any further up, spending another billion dollars on buying bitcoin more than selling, would only make people small return whereas if they start to put that back into altcoins, even if it is ethereum, then they could make a lot more profit.

We are not there right now, we could take bitcoin as high as 100k like the prediction OP made, however after that, altcoin season could start, or maybe before that, all I know is the fact that we would not be able to see something that is close to alt season until we see bitcoin rising a lot more than what it is right now.
Your scenario seems to make sense as bitcoin is not moving so high, but it still gives us a happy moment because we can back to make a profit again. Maybe after bitcoin reaches or breaks $60k, the altcoin season will come back to the market, triggering many good altcoins to increase more.

With bitcoin price moves now, maybe it could be a correction for almost all coins at the market or it will give a chance for the altcoin to increase, even for a little. But bitcoin will hit $100k in the future and I see the chance to reach more than $100k will be wide open.
5040  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buying shib right now on: October 09, 2021, 07:37:04 AM
Buying Shib at high price is very risky, it will dump anytime because many people bought at dip price so now they already made profit I expect Shib will dump soon. Investing in a meme coin is like a gambling so good luck if you want to invest, I rather to invest a long term project.
Maybe people need to calm down for a while as Shiba is down for now. Maybe after this, Shiba continues to go down to prepare your money to buy at the other low price, but predicting the dipping price will not be easy as we do not know how deep the price will go down. The only thing we can do is just buy a small amount and wait for a while. But be careful because Shiba is a meme coin that we do not know if that price can rise higher or it is stopped to the current price.
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