Another quick update for the Philippines, Nesthy Petecio won her match against Testa of Italy with a score of 4-1.

She is now assured of a Silver medal already. But for sure he is gunning for the second gold medal for the Philippines. However, she will be facing a home town fighter Sena Irie. Will be a tough task for her and hopefully the judges will not be bias.

^^ Yeah, but it's going to be a slow grind after breaking $40k. Breaching it and sustaining this price level is two different things. So we need to see how long can we sustain it without going back and retesting $38k-$39k.

So far the price seems to hold and the bulls are not going to give back the control of the market to the bears. But as I have said, the growth might slow down a bit and only if we have enough momentum to push it above $40k to $43k remains to be seen.

Yeah, in my entire life of watching PBA I haven't seen a team scoring 48 points in a game. If I'm not mistaken though, the lowest is 47 points.

What contributes to that low scoring? horrendous shooting, lack of aggressiveness, and they seems to be just going into the motion of the game and doesn't want to contest the game anymore when the Aces was stretching the lead.

There's nothing wrong with investing not just on bitcoin but on any other assets, but the problem is:

(1) they think that bitcoin is a get rich quick scheme
(2) bitcoin will go on parabolic rise
(3) they don't invest what they can afford to lose

Obviously, it's not late to invest as long as you can manage your financial in the right way and just invest the extra money into bitcoin and look for it in the long term, at least a year or two to see the potential profit that you are going to make.

Well as you have said it is the latest fad in crypto world, so there's no surprised that one of the biggest companies out there like Coca-Cola is getting into NFT and it is with a good cause.

I'm sure there are huge collectors of Coca-Cola memorabilia and could be individuals who are willing to shell out huge money to add the NFT artwork to their collections. Thus resulting into a huge fund raising for Special Olympics International.

Maybe there will be certain groups of countries that will make bitcoin as super sovereign currency. Perhaps they will form and bond together to push bitcoin globally. But for sure it will be opposed by top countries, Dollar, Yuan will still be the standard to be used by global trades. They will argue against it as we all know that bitcoin is volatile and unstable and we only have limited supply. Bitcoin can grow tremendously, no doubt about it, but pushing to be a super sovereign currency? I highly doubt it for now.

But it will just a few millions off, Pacman is already famous in the Philippines, he doesn't need a signature victory against Spence to put him as the next President. And obviously, if he goes against the administration, it will be his downfall. I'm sure majority of the Filipinos will agree that Pacman has a slim chance of winning the election. He did attack the sitting President as far as corruption goes, and Duterte doesn't like it. Philippine politics is very different, dirty at the most. He can't just go to the opposition and then be declared as started bearer. Opposition has already have their slate as early as this. And he has been ousted as the ruling party' because of his attack on Duterte. Best case for him is to create a new party.

As @Natalim has pointed out, politics and boxing are two different things. His popularity will only go that far, winning as senator, but as President, I doubt that he can win it.

Ok so it's good news for the Philippines again, Nesthy Petecio won her match against Yeni Marcela Arias Castaneda of Colombia. Meaning she is going to the next round, the quarterfinals and will assure her of a bronze medal already.

And if by chance she won against Irma Testa of Italy, she will be fighting for the gold medal.

So the Philippines will already have a 2 medal haul in this Olympics, another accomplished for the country. The last time the country won multi medal is 89 years ago.

1 Gold 1 Bronze for the PH, very proud of this "girls".

I voted for bullish.

But it is still a long way to go for all of us, we have reach all time high this year, after that the market slowly goes on downward spiral reaching as long as $28k-$29k. But it does't mean that we can't end this year with another super fast rally. Still, the prime target is at least $100k, it might take months or at least the last quarter to go to $60k-$80k again and then just maybe in 2022 we will see the peak prime at 6 digits.

Amazon wouldn't benefit from the said rumour. Just the speculators who pounces on this news, takes advantage of it, pump the price and then sold off. Surprisingly, even after Amazon put down the rumour, the price is still pumping, going back to $38k now after falling from $40k->$36k.

So it's open for interpretation, no news but the price is going up, natural or artificial pump? Your guess is as good as mine.

Yeah, who wouldn't forget the Crawford and Tim Duncan's incident?

But as for CP3 and Scott Foster, just a coincidence and for sure moving forward, fans are going to watch every game that Foster is the ref of every CP3 game now, specially in the playoffs.

Kemba Walker is out of the Boston Celtics line-up, what surprises me is them getting Al again, they could get someone that can really play 'true' center position, for me Al is not. Not sure why Celtics just keep trading their guard position though.

If I may add, this is the thread for the discussion by @fillippone, Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity. Just take note though that the model is not for short term but for long term bitcoin investment.

In any case, regardless on whether when is the next halving, we should always be prepare to buy at any dip. If you think that bitcoin or any other crypto is cheap, then by all means invest on it.

Price is based on pure speculation, so obviously, when there is a good news, the market will jump on that news and the price will obviously go up. But after Amazon has denied the rumour, then there is a sudden jump, from as high as $40k on some major exchanges to now at $36k and continue its down trend. Is this a manipulation, not sure where it's coming from, but this is crystal clear and a classic example of "buy the rumor sell the news" adage".

Yeah, I still vividly remember watching her in 2012 summer Olympics in a gym that time.

But after that Diaz improved a lot and bring glory to the Philippines. But finally, we have achieved a very special gold that eluded us for 97 years. Every Filipino around the world should be rejoicing about this win as this is very historic day for all of us to finally hearing our national anthem. Very proud to be Filipino right now!!!.

We still have another women, Nesthy Petecio, who upsets top ranked Lin Yu-Ting of Chinese Taipei in the featherweight division. One win away from a potential medal.

Interesting to hear the Freddie Roach first choice is Mikey Garcia,


https://www.boxingscene.com/roach-admits-spence-not-his-first-choice-pacquiao-he-leaning-mikey-garcia--159392

That's why perhaps the Garcia's camp was surprised that Manny eventually chooses Spence and that's why the lawsuit.

But I guess Manny just wanted a bigger purse and instead goes for a bigger risk bigger reward on Errol Spence.

I didn't see the jump to $39k, when I wake up, the price is more than $38k though, I also got unlucky selling at $34k because I needed some though, prior to the massive spike, ouch.

In any case, yeah this could be the start of FOMO again, and we all know that once it sets in, it's hard to stop. But in seems that we are having some resistance on the $40k barrier. If this could be broken though,  then $50k can be touch early next week the start of new month for us.

I don't understand by "breaking the code", but it seems that he is giving life to that slot machine. And obviously, it is an inanimate object, so there's no such thing as breaking it. The "code", the way as I understand it is the program, either machine (processor) or software (programming language).

And I don't think that someone can break it because as we all know, it's random, whether you hit the jackpot or always got the "near miss".

Yeah, we can take injuries into the account, but Bucks did their thing this season, they fought very hard every game and then we have seen Giannis evolved and matured as a elite basketball player, so we shouldn't take everything away from him.

So let's see if they can repeat next season, the good thing is that they are not the favourite, and they are an underdog so an outright bet could be good for us. And I think even if Lakers or Nets are healthy, they can still find arguments against the Bucks for winning the championship.  (Lebron was too old, Nets big 3 didn't click, etc).

On the contrary, I was one of those who got on the Axie Infinity craze before it exploded, so it's a huge profit for me. But as far as NFTs, I'm not into it though. On how I got on Axie infinity, well It's by chance actually, read it on some websites, investigate it myself, I even open a thread in our local last Nov 2020. Maybe I just got lucky or something.

But yeah, definitely we need to DYOR + some luck on your side before you can make some money out of the current hype.

Or more involvement from retails and average jo investors just like the majority of us. Institutions have been here I believed as early as 2017, prior the the break out year we had that time that's why we achieved an all time high. And then it was highlighted again late 2020 and it's still going on till 2021 although the price somewhat minus 50% after a great and super fast bull run we had in the first half of the year.

Of course everyone here is for the profit, regardless of whales, whale streets, institutions and retail investors, that's already a given fact. Just a matter of strategy on how to make money specially for average joe's.