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This market still has a lot of potential to grow. What we see now is just the beginning. Each new day I see more advertisements of NFT projects asking for investments. Some features mentioned by these projects included passive income and comissions. It's a clear sign developers are trying to incorporate flashing features to captivate new investors to this new NFT's niche.
Moreover NFTs are going to be without any doubts the future of online games, representing the items players use and own inside and outside of these games. In my opinion this is the most important and useful application of NFTs on practice, going further pure speculation.
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Bitcoin is actually pretty stable these days around 55,000$ more or less. I don't think it's worrying, because small corrections like this are a positive indicator bitcoin is strong and has a lot of support from investors. If someone said years ago bitcoin would rise to such value at once and keep the price I wouldn't believe that, as the crypto market is known for unexpected deep corrections. So far it's not happening, what is really good.
There are more good things than bad things happening in crypto universe right now, so definitely no reasons to worry.
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What makes a crypto currency successful is the innovation, workability and benefits to adopters the currency offers. - Example of innovation is bitcoin, the first crypto currency, the pioneer which opened the path for altcoins come next. Later we had more innovations from ethereum, which have its own network and more recently binance smart chain.
- Example of workability are the currencies which allow adopters transact safely paying cheap transactions, although it's a very problematic point not fully fixed yet by cryptos in general, so we have a bunch of altcoins people adopt depending the situation, to pay low transaction fees. These could be considered successful examples of coins too.
- Example of benefits offered are the potential profits people can make by investing, staking and trading. This point is totally connected and dependent on the the first examples above to be proved on practiced. The most innovative and working currencies are the most beneficial at same time.
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Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about after the bull market is over.
Obviously he does it because he want to make money. I think he owned a huge amount of dogecoins thats why he keeps tweeting about doge. In my own opinion he don't speculate because elon is super rich person and he has the power to pump doge using his money, power and influence. Yeah im sure he will keep tweeting about doge even if it is bull or bear market. I doubt it, he is just having fun with all of this and I think it shows through everything he does when it comes to dogecoin, if he was really manipulating the market in order to make more profits to himself the SEC sooner or later is going to come for him and could sue him, Elon is too smart for this and he is never going to put himself in the position of getting in that kind of trouble with the SEC as most likely his lawyers have advised him about this topic in particular. He have all the resources and all the information that he needs to prevent that to happened, before SEC sue him he already have a good alibis for such claimed. Like what you have said he's too smart and always have someone to defend him, his sets of lawyers are the top as he can easily pay them out to secure his position. He can make more money by bring the hypes we just dont know where it's coming /going to. I believe it's really hard for a governmental agency to prove he is manipulating the market. That is a very fragile claim which can be easily refuted even with the support of an average lawyer (of course, if there it's an impartial judgement). Everything Elon Musk does is tweeting about dogecoin. How could that be considered manipulation? People invest in doge because they want, and not because they are being promised safe returns or any other kind of advantage. It's a fact everyone in this market is aiming profit, what includes Elon Musk, but these people also know about the risks involved in crypto currency universe. |
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Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?
First of all I doubt you can earn 3% daily fixed without serious risks. Stocks and even crypto aren't easy to make profit like you said. Sometimes the profit takes years to come and an investor must be very patient to not lose money on these markets. So far crypto universe is seen as a pure speculative environment, that is why most investors don't move most of their funds to it. Stocks is about real businesses. There are actually people working, companies building and growing behind the stocks you buy and hold, what makes the investment safer and more sustainable. I mean, stocks don't rely only in speculation to thrive. And although crypto currency's future is bright and it brings a lot of innovations to the financial world, it's still pumped mostly by speculative moves. |
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And the people of the country - what is it, biomass crazy, needs and desires? Remember a simple axiom - we are responsible for our actions, and for inaction too!
If the people by OWN VOICES brings an idiot to the presidency, then the people are a participant in this negative process, and they share the guilt for what the president did later, but THEY DID NOT DO ANYTHING TO STOP IT! Therefore, their guilt is unambiguous, okay, they fell for promises, but then they did not stop the policy of idiocy and the murder of the economy. The position "we have nothing to do with" is a very bad human quality. It's always easier to pin the blame on someone else without admitting your mistakes.
If every single voter had preferred Maduro during the elections, then your argument would have been correct. But that is not the case here. Let's take an example. During the March 1933 German federal election, National Socialist German Workers' Party (NSDAP) of Adolph Hitler was voted in to power. The NSDAP won 43.91% of the vote, with a turnout of 88.74%. That means that less than 40% of the registered voters preferred the NSDAP, while the remainder either abstained or voted for other parties. Now will you say that the entire race of Germans need to be blamed for the rise of NSDAP, including those who voted for the opposition parties? So what does the victory of the NSDAP have to do with the elections in VENEZUELA? In Venezuela, Maduro received 67.84% of the vote. More than half and a large majority. The fact that it was not 100% turnout - I agree, but in fact, with the silent, voiceless, consent of those who did not come to the elections - Maduro, in fact, also won. I mean direct and indirect participants who raised even more to the presidency. This means that they must bear joint responsibility. Some for actions, others for inaction. The position "I did not vote, I am not to blame" is the position of an irresponsible person, an irresponsible citizen of the country! Venezuela is a fake country. The increasements in minimum wage are fake, elections results there are fake, the opposition is fake. I think the only real thing there is the communism which kills and proportionates a terrible life. Don't take that percentage of votes seriously. And at same time, if people don't vote it's not only because they are irresponsible, but also because they see no point in doing so, as the other party is probably not going to work decently and honestly for the country. In my country at least that is my conclusion and I have no desire for voting, because both sides are liars and deceptive. If you check carefully you will see in many countries most people never vote and the election is always decided by the minority of the population (the politicians lackeys), so all this talk about democracy is biased and a big manipulation. If democracy were good there wouldn't be so many corrupt members of executive, legislative and judiciary defending it unconditionally. |
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I think you already know the best advice you can receive here: to be active on the internet, always checking the prices and last fluctuations of the market. It's the best way to increase your chances of success in crypto currency, although it's not a certain, because you can watch the market all day long and it could still suffer an unexpected fall, frustrating the plans of short run traders.
If you want something safer, less time consuming and more relaxing, think on long run trading and don't expose yourself too much in short run trading. In my opinion it's the same as gambling.
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I think Bitcoin is better than FIAT because of its decentralization and deflation over time.
Bitcoin is applicable worldwide and its valuation looks more objective. FIAT cannot be applied worldwide ---.
Personally, I am not sure if decentralization is better than centralization. Each has the advantage and weakness. So, it is difficult to determine which one is better. Who said Fiat cannot be applicable worldwide? If it is the dollar, it can be applied worldwide as it is a global currency. But if you want to pay for something in a country, you probably need to convert it to another currency. I think this situation isn't very different than Bitcoin. With bitcoin, you still need to convert it to your fiat before you can really use it. Why? Because only few merchants or shops are accepting bitcoin as payment. So same with the dollar, you still need to convert your dollar to the local fiat before you can use it. As not all merchants are accepting dollar directly, same with bitcoin. They have their own pros and cons. But right now, most of our transactions are in fiat. They should really think off these factors before making out some comparison or making some similarities where both things does have its pro's and con's. Its true that we arent still on that global adoption where bitcoin can be used on day to day basis just like on what we are doing with fiat. Even though there are instances where USD should still need to be converted when you do jump into other particular countries. For now we can't live without fiat for the reasons presented above, but someday, once bitcoin becomes widely accepted as currency I think fiat's advantages will vanish and if not replaced by bitcoin, fiat will most probably be replaced by stable coins in terms of popularity and usage. Fiat is only better than bitcoin nowadays in some aspects because of its unanimous acceptance, what means bitcoin and fiat aren't fighting equally. Once it happens, bitcoin will win for sure. |
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~
Don't give false hope to the OP, although there is sure one day that we will reach that price one day, but let the OP first move on from the regrets he had. If we keep giving false hopes to the OP, it would just worsen his condition. What false hopes did I give to OP? I just encouraged him to not give up due to the regrets and bad past experiences. Crypto universe's role is going to increase more each new year in economics from now on and those who abandon crypto currency will regret a lot futurely. |
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Incidents such as this one will serve as advertisement for illegal casinos. There are certain things that the government can't ban. And gambling is one of them. Gambling has existed for the past thousands of years, and it will not vanish just because some government agency brings a law against it. Once in a while, the cops may raid some illegal casino and arrest a few people. But that's going to be it. They don't have the time or resources to arrest every gambler.
Not only that but in the great scheme of things it does not make sense at all, the excuse that governments use to ban gambling is that some people get addicted to gambling and they want to protect them, this on the surface makes sense but what they do not seem to get is that those that get addicted to gambling have a predisposition to do so and they would have become addicted to something else anyway so they cannot protect them, while the rest has to suffer and not participate in an activity they enjoy while the governments receive no tax profits, so banning gambling is an scenario in which everyone losses. Bangladesh is another case of muslim country which goes against gambling for religious reasons. As we can see the government could increase their income from taxes if gambling was legal and this money could be reverted to the population through public services. Addicted people would exist anyway, the difference would be that they would be playing at legalized casinos instead of clandestine ones. There isn't much to do regards addiction, because as you said, people have a predisposition that if not manifested in gambling, it will be in another ways like alcohol or drugs addiction for an example. |
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I have feelings that i lost my biggest life chance to get really rich and i just want to forget about crypto and work in normal work but it is impossible.
It's not too late. Bitcoin can hit 100,000$ yet, as predictions say. All you need to do is to be patient and keep some holdings. Probably you won't see an insane gain over your investment like early investors did, but it's still possible to double your investment with bitcoin and grow a healthy financial life with crypto currency. I think you shouldn't concentrate yourself too much on your past regrets or bad experiences other people had as a *crutch* for your own problems, because it won't help you overcome the challenges in your life anyway. Crypto is the future and you can't just forget about it, because you will regret even more later for doing so. |
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No one thinks that the sleeping doge coin suddenly pumps up the price so those who buy a lot and hold and it is worth their patience and who thinks that a rich man named elon musk will be interested in doge coin and he wants to promote it so I think there will be a future doge coin.
Dogecoin is manipulated by Elon Musk's tweet, but l don't know why exactly Dogecoin. There are a lot of profitable coins which can be preferred and l have never preferred investing in Dogecoin, but any exaggeration to say that if Elon Musk is so interested in investing in this coin, maybe there can be any chance. But overall this project is useless and has not purposed. However to tell the truth there are a lot of people who can make a great profit from this project. He likes to make jokes and to share memes with his public and dogecoin is known for being the funniest meme coin of crypto universe, I think that is why he chose this one. Although Elon Musk is promoting doge a lot recently, his last messages suggest investors should be careful when investing in crypto currency because so far it's a speculative market. Sometimes he talks seriously and sometimes he plays a lot. People just need to stop taking him seriously when he is kidding, so they will be fine. Idolatry is poison. |
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Limitless. Human is greedy and defining being rich doesnt only talks about limitation because they would like to accumulate more than that they can handle and thats the reality. Even myself would be talking about 1M bitcoin would be enough or even more.  Rich is defined to be financially capable not only on sustaining your life but also having the opportunity on doing things that you do like without minding on how much you gonna need to spend or use. I think limitless money is just greedy, because a rich person doesn't need infinite money supply to fulfill all his needs. There must be an enough amount to give the individual the opportunity to enjoy a limitless life, that is the most important thing in my opinion. A limitless life is the possibility of doing anything you want when you want. That would be the definition of a rich person for me. Unlike most people, a rich one can travel to any country for any amount of time, without having to wait for a holiday or vacation. He can go to any restaurant without having to check the food's price on the menu before making an order, a rich person can buy goods he really likes, and not just because they are affordable. Limitless life is about freedom and to be free on this world you have to be rich lol. |
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Mercadolibre is taking this adoption really seriously. They will be also accepting payments in bitcoin on their platform in Argentina and probably on the next year or years bitcoin will be accepted as payment method also in another countries where the the platform operates. I think they want to start step by step, only in Argentina for now to see how it works and soon as they get some experience with crypto, the feature will be extended. I just hope they don't retreat from now on like another platforms did, like Steam, which accepted bitcoin for a while, but due to volatility removed the feature after some time.
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I think the high risk and volatility aren't what prevent them from investing, because they could start with small amounts like 10$-100$. If the issue was the high risk, low investments would be the solution for them, still they have no interest for it though. It's hard to persuade older people to get into crypto investment because they can't see its potential, they can't see it returning huge profit along the time, so they just ignore it.
But things are changing, because now it's impossible to not see how profitable crypto market is. Older people are seeing the progress crypto currency is doing, faster and faster each new year. Sooner or later they will have to change their opinions about crypto currency and many will probably start investing too, like their sons and grandsons.
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So much negativity about bitcoin comes from potential bitcoin buyers who are expecting a crash in the market, so they can acquire some coins cheaper. The more negative news and fear they spread around, the more chances the market has to fall. This approach reminds me a strategy used by some people when they really want to buy something (a car, a house, etc...), but before closing the deal, they will try to denigrate the object in question maximum as possible, in order to make the seller decrease the price.
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Last time she even said if something happens like this, next time I'll end my life. She said it out of anger and we have big debt. We don't have the source to repay, that's the reason. Gambling is a hell, I'm experiencing it in the world. I don't know whether being in hell will be this painful.
This should be enough reason for you not to gamble anymore. Does your girl's life not matter to you ? Did you not think about her before gambling again ? Whatever the circumstances are, if it comes to a point where someone's life is at stake then you shouldn't gamble bro. You are basically gambling with her life. Even though there's a debt on you but it doesn't mean you can gamble and expect to win and repay the debt. You should have instead used some other way to invest the $4500 and gain more out of it. I hope you handle things well with your girl and make it up to her and find a stable way to repay the debt. He obviously cares but what happens is that the desire to gamble is so intense that people lose control and they keep doing it not thinking of the consequences and when they finally realize what has happened they cannot avoid feeling incredibly guilty about it, he needs help his situation is not getting better and if things keep going in this direction then nothing good will come out of this, however the only one that can take that decision is himself otherwise it is going to become impossible for him to overcome his gambling addiction. Gambling addiction isnt something that you can break into and once you get hooked with this then you would really be having a hard time on releasing yourself into the chains. Its true that the only one who could help you out is only yourself but if you do fail out to do so that then thats the time you do seek out for others help. When dealing with gambling then its just right that you should do it on moderation because making it as a habit is never a good thing.You are making yourself prone on getting addicted and will eventually affect your finances further on which might result into a big mess as you go ahead. After all even the decision of seeking for others' help is still on the gambler's hand and nobody else can make this decision for him. If the addicted person doesn't accept or ask for help, nothing can be done to overcome the issue, because he is actually reluctant in doing so intimately. Or in other words, he doesn't want to get ride of addiction at all, because he knows once he stops gambling definitely he won't feel that pleasure sensation anymore. So it's a really hard decision to make and one of the main reasons so many gamblers struggle in getting free from these chains, like you mentioned. |
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Yes, that is right. It is the physical casino.
If we won a lot of money, maybe the tax can be 10%-15% from all of the total money we want to withdraw and I think that still a lot of money that we can get. So that will not be a problem for us if we're going to cash out the money.
That's still a lot of money honestly if you're winning big in physical or online casinos. But the tax varies from the jurisdiction of the country you're living in about gambling tax. As long as we still get the biggest money from the withdrawal, I think that is enough for us because we do not use too big money to gamble and win for some money. But that will be different if we use big money to gamble, and we already have an experience of losing that money, but after a while, we can win so much money. Maybe that still a big winning for us. But we need to check on how big the taxes will apply to our win money. If you want to avoid taxes you need to prove to authorities your losses surpassed the winnings during the yearly period. They can't tax a gambler if he has been losing more than winning, because actually there isn't any profit to be taxed. This way very few gamblers are taxed from their gambling activity and most people shouldn't worry about it. Authorities make much more income taxing casinos than the gamblers themselves. What ironically is also valid for countries where gambling is illegal. I guess that it is not easy to avoid taxes as they will search from your account and that is easy for the authorities to find from where you got that money. If they see you get the money from gambling while in your country, gambling is allowed, they will ask you to pay some money for the taxes. I do not know if losing gamblers are also taxed or not because that will depend on their regulation. The gambling industry paying much money to the government and that can be the income for the country. I'm saying regards losing gamblers specifically. Lack of knowledge can lead some people to pay taxes even if they shouldn't, that is the case of being in loss and charged by the government to pay gambling taxes. If it happens the person can appeal and show his previous losses. Adding the won prize to the previous losses it's possible to prove the individual lost more than won, so it's not needed to pay anything. And I really doubt there is any country which enforces a regulation where losing gamblers must pay something. |
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Politics is the art of the manipulation and why is money political in the currently circumstances? Because it's a great tool to manipulate the society. In essence money should be only a accessory to help us trading daily, without the need of exchanging goods for goods. But then it became a tool to trade not only goods, but to pay for others' opinions, support, *friendship* and endorsements.
Money became political because there are too many people selling themselves for money, so the most unscrupulous ones took advantage and started using money for this purpose, hiring mercenaries, forging alliances, everything based on money, because honor and truth are just subjective matters and have no value in this world.
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Altcoins are nothing without bitcoin. I believe there isn't altcoin seasons without bitcoin pushing crypto market up on the frontline. If bitcoin doesn't do well, altcoins won't show any positive results too. So bitcoin between 55,000$-60,000$ isn't a weakness signal, but a signal it is fighting to keep the price and make the corrections smooth as possible for investors, avoiding a deep bear market and preparing for a new ATH.
Once this happens, you can be sure altcoins will be fully benefited. Although it might be called altcoins' season, the real cause is bitcoin.
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