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621  Economy / Gambling discussion / Re: About running an online casino vs an offline casino on: April 25, 2024, 06:35:04 AM
3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?

4. Which one is more easier to manage than the other?

And the last question is, which one would you go for if you have the resources?
3. The running cost can't be viewed that way, and the size of the casino matters regardless of whether it is an offline or online casino. People are often deceived by the physical structure of the business, neglecting the fact that online services need more hands too, especially, since they are not seeing their customers directly and their customers are not seeing them, but still,  they need to satisfy their customers and to do that, more employees are needed in all departments just like we see in the offline casinos. But one important thing is that, since they are offline, more support staff would be trained for the purpose and work for them for smooth operations.

Take for example, if you see some fintech staff room, you will be amazed, their staff are in their hundreds. I've witnessed a local one, not to mention what it will be on the international standard when the casinos are dealing globally. So, I do not believe that being an online casino will limit the cost, it depends on standard and size.

4. I am not in the business, but as a business-oriented person myself, the two should be managed equally the same way if all conditions are the same. You will always need employees to manage and customers to serve, experts to hire, software to upgrade and maintain, and so on for the two of them.
622  Economy / Trading Discussion / Re: what sort of features would you want in a trading bot? on: April 24, 2024, 08:57:01 PM
Just asking because I have been developing my trading bot for awhile, I have been successful with it but I'm hoping to learn what you guys are looking for so I will be able to plan what I can do to improve mine and convince you to use it as well.
If you are a trader, you do not have to ask too many questions about your bot, not just yet. What I expected of you is to first get the bot fixed with functionalities like sorting for the market signal, placing of the trade and the considerations of the money and risk management in all ramifications. So, the use of the stop loss and take profits functions, and the proportion of the risk the bot should take max. should have been the first points ringing in your head. From then, you need to test your work if it is working at all, and it if does, then you proceed to test it for at least 3 months to know what the result will truly be.

Although, I prefer it if people could increase the time of testing to 6 months for better assurance of the results. The 3 months should have been hinting to the trader what could become of the bot, still, further testing might be needed in some cases. It is after all these that you may now want people to give their advice about the bot depending on the results and provided you want to commercialise it, to know the preferences of people towards bots for better sales.

However, it is mostly about the working system of bots, just ensure that you are correct with the strategy coded in it, and then maximise the rest with the right management.
623  Bitcoin / Bitcoin Discussion / Re: Will the number of new investors reduce? on: April 24, 2024, 08:41:12 PM
The halving was a major event that attracted many new investors to bitcoins, some started investing seriously some months to the halving just so to make some profit from it.The halving was what attracted them, but now that the halving has come and gone, do you think that the number of new investors will reduce for the now until the next halving is close again?
Thank you for this question, it is the kind of question I like to read so that all of us can be pondering on the next situation ahead of us rather than believing emphatically that halving will automatically push investors to Bitcoin. Today, I do not want to believe that below 70% of internet users have not heard about Bitcoin even if they have not adopted it. So it is popular already and I believe that the majority that is interested in it has already been committing their money to it. But it got hooked at a point where no additional investors is willing any longer, at least for now, which is why we saw the price moving lower gradually and not be able to reach its higher levels again.

Over time though, let's see what will happen, but with the way I see things, it might be a whole lot of challenges for Bitcoin this time. We should not relate the former behaviours to this anymore, and what if those who are interested, for now, have committed their money already? What if there is no huge amount left to invest anymore now and in the near future? Well, I am just saying, anything can happen, nonetheless, it will not be the situation of the bed of roses again.
624  Economy / Speculation / Re: Will BTC hit 1M ? on: April 24, 2024, 05:10:17 PM
Most of people want microwave results and most of them are not patient
It is Clear that bitcoin will be the only Currency for payments
Like there will be no Cash or VISA

You can clearly see here on Bitcoin Rainbow Chart https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
That soon will hit 100k EZ and to 1M on Future

Be a Smart and Wise person Invest an amount for your Children Future on a Cold Wallet and never move those coins till your kids finish High school
So like 15-20 Years from now !

Many people limit their profit by not taking the right actions but trust me every penny worth
Even if u have low budget to invest for your kids do it , and save it for more than 15-20 years
e.g if u put today 100$  on BTC to save for ur Kids future , when they are 20 years that 100$ will go up and down in hours as bitcoin will hit High price

Dont be blind open your eyes

Well i also notice this and i believe that people who buy BTC on its early stage and hold it for long time has now millions imagine, how high the btc go up and those who buy on year that the price of btc is still low and sell on year 2017 or 2021 they surely got a very big return from thier investments, so buying btc and holding it for 10 to 20 years is a good idea, i believe that it will become profitable and it will become a good investment because btc is always rising, sometimes it will hoes down but it will come back with much higher price.
I like to warn everyone not to be a blind follower, for the fact that Bitcoin performed so well in the past is not a justification that it will perform well in the future. I will continue to invest in Bitcoin in both HODLing and futures trading, nevertheless, I dare not be a blind follower who would believe that nothing adverse can't happen. If I did, then I am only deceiving myself. We should prepare for the worst regarding Bitcoin even as we hope for the best, that's why we should keep our eyes open and rather be the lover of our trading charts. We should learn how to read the trading chart, respect the tradition and also be informed of the latest happenings in the world that can affect Bitcoin. All these are not always considered by most Bitcoin lovers and speculators, but they just call the bullish path. Let's always consider what if anything different happened.

If the view of most Bitcoin lovers should be upheld, you would see them calling huge values all the time. But come to think of it, will Bitcoin always be rising forever without any challenges? I even wonder where the liquidity will be coming from all the time which will easily make it hit $1M. Let's all wake up in our dreams, Bitcoin is an asset, and like all other assets in the financial market, they do not just move higher without facing some challenges or missed cycles/history that will change the whole narrative. What if you now bought Bitcoin at $75,000, and in the next 20 years it is at $73,000 or lower? Do you think it is impossible? If you do, then you have not experienced the financial market long enough. Above all, let us be dynamic just as the market is dynamic and not be too rigid on a certain scope, especially on an asset that is still very young.
625  Economy / Speculation / Re: Is the halving already priced in? on: April 24, 2024, 04:34:55 PM
BTC has been "pumped" massively ever since the spot ETFs were approved in the US a few months ago. The rise has been exponential, making BTC reach a new ATH before the halving. This has never happened before in the history of crypto (AFAIK).

Considering that BTC is in a new ATH, I wonder if the halving is already priced in? If that's the case, then market prices will remain relatively the same post-halving. Don't you think?

Your input would be greatly appreciated. Thank you. Smiley
I've always hinted at this in all related posts, it is a serious consideration and we should be very careful due to that. Not that we are perfect in our view but cautious for a possibility that what happened in the last 8 months could have affected the post-having effect of this season which is always believed to be greeted with a huge bull run. But since Bitcoin had even hit above the former ATH before this year's halving, I seriously doubt what could become of it this time going forward. It might be a situation where it will disappoint us all or a situation where the bullish effect will not be as much as people expected.

This should have been ascertained in the next 1 year from now, and if Bitcoin cannot breach the new ATH which is around $73,850, it will be a serious problem for the coin to move higher. However, it has nothing to lose as a good coin since I am sure it might preserve itself above the psychological level of $50,000. Doing that alone means that it has achieved a lot already. However, a breach of $73,850 could send it easily to $75,000 and above in a matter of days.
626  Bitcoin / Bitcoin Discussion / Re: Please, I urge you to buy bitcoin! on: April 24, 2024, 04:12:50 PM
Bitcoin is freedom guys!

Twenty One Million whole parts to freedom, with billions of people on this One planet...

What are you waiting for  Huh



Fun fact: That piece of paper is up for auction I think!
What a picture! I hope this is not photoshopped because doing a thing like that in a gathering where Janet Yellen is present, and not to mention the one that also looks official may not go well for those guys if it's truly official. Well, I wish them well.

However, I will never advise anyone against Bitcoin but as an investor of many years, I will always advise everyone to exercise caution. This is not because Bitcoin is not a good asset but the asset is nearing the zones it has never known before. For this, anything can happen, and the best way is to get prepared and be careful in the management of our portfolio. Bitcoin may still reach $100,000 and above, I don't doubt that, but when? That is the question we should be asking.

And what will it face to get to that level as challenges? People may say this or that but no one knows the future, particularly at this time that the price of the asset is high. I extremely advise caution.
627  Economy / Trading Discussion / Re: Trading Leverage on: April 24, 2024, 03:56:23 PM
Leverage trading is like gambling, there are people that are making from the gambling and we have more people losing, it's the same logical way leverage trading does but the exchanges are not the ones making the money.

I would not compare leverage trading with gambling. In my opinion, gambling is more tied to luck and chance, while trading is a more rational, calculated activity. Leverage increases risks, no doubt, but the essence of trading remains the same. If a person trades carefully and prudently, then he will do this, with or without leverage.
You are wise this way and there is nothing reasonable to compare there still, as leverage (trading) and gambling are not just the same thing. In gambling, you may increase the risk of your bets, and the same is true in trading, you may increase the risk of your trading, that's the only sense they correlate here, it is all about your risk affinity only. But for the operation itself (trading and gambling), they are just different in every aspect because if you are trading, you are actually engaging in a business, it now depends on how good you are with the business since it is a very risky business.

But for gambling, you are not engaging in any business but a form of betting which will not be able to sustain you no matter how good you are, or how good you believe you are in doing it. From a point of view, I've seen enough traders on the street, they are tactical and consistent about it. And if you check social media today, you see lots of them that rely on it alone and are big boys openly who started with a small amount. Can you tell of gambling the same way? Certainly No. This is a little hint that they are not just the same thing. And if you know how to play with your leverage very well, you get more earnings in trading through it, but it becomes an issue if you are gambling on the high leverage when you are not a good trader.
628  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shiba Inu token, is there a future for this? on: April 24, 2024, 07:22:43 AM
Hi guys, I wanted to open up a thread about Shiba Inu token I seek you best opinions here. Is there a future for this? Or it will just remain to the current value it has right now?
Suggestions is open for everybody, and if you have more to add regarding the current market situation that Shiba inu was undergoing through. I do hope your brilliant minds will help me decide for this asset to be added to my bucket list of holdings, despite altcoins was so challenging to hodle for long term investment.
You can't regret your decision if you buy SHIB or Dogecoin, you may only earn a little below your mindset. Notwithstanding, since you are even diversifying in this regard, it is better that way. In my opinion, Dogecoin and SHIB will always be regarded in the meme coin world, just like Bitcoin and Ethereum, they paved the way and led in their section, and so will that of the two meme coins. But one should not expect to earn hugely in them anymore, they've done their bit in my opinion and have shown the world that they are good projects despite being meme coins. As always those early investors had the biggest, you can imagine how rich those people are, we even know many of their stories as the meme coins turn them from zero to hero.

But with the development of more meme coins, especially on the latest reigning Solana ecosystem, the liquidity will be distributed fairly on all of them. So, it is not like before when there were just 2 or fewer of them harbouring people's money, there are many meme coins now, and even with other cryptocurrencies in consideration, they will have to continue to pump the money into all of them. This makes it unlike before, they may just multiply their price in a few multiple fashions.
629  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum will still be my choice this year. on: April 24, 2024, 07:01:54 AM
Its your personal decision OP. Undoubtedly Ether will be the best altcoin again in this year as well as it continuously developing. That's why i assume, $5k won't be a big deal for ether to grow if  bull run start with its full energy.
Says who? Ethereum being the best altcoin this season is misplaced, it is evident with the way many altcoins have behaved already. If it's for it to still maintain the number 2 rank among cryptocurrencies, fine, it may still achieve that. But when it comes to trading, investment and return, then you are not being sincere at all. It's all about the money we make from these cryptocurrencies and I wonder what you have to say about the wonderful cryptocurrencies like SOL, BONK, INJ, PENDLE and many more? I can still comfortably mention 35 coins/tokens that outshined Ethereum and will continue to outshine it.

It is your choice though, but for me, what I can do with Bitcoin and Ethereum at this point is to trade them on the futures market only. Relying on the return they could earn me through investment more than what many other altcoins can do will only amount to a self-deceit.
630  Economy / Service Discussion / Re: How does clogged mempool affect your crypto business? on: April 24, 2024, 06:48:29 AM
Bitcoin transaction fees are very high, thanks to spammers. I can't spend any satoshi from my wallets because I will have to pay enormously high transaction fees, because of this reason I can't buy anything with my Bitcoins, I can't deposit and gamble in casinos via BTC, I can't buy a VPN via BTC, I can't send someone money abroad via BTC. I am very limited and forced to use altcoins but to do this in a comfortable way, I have to use centralized exchanges to buy altcoins via card with a bad exchange rate.At this moment, I prefer to stick with Visa/MasterCard and PayPal if I can.
It's unfortunate that the Bitcoin that was supposed to lead by example is being abandoned for altcoins. This issue has persisted without a solution, and last year alone, people faced a whole lot of issues and had to part ways with huge transaction fees since they did not have any choice. Something must be done and it is a huge regret for Satoshi to have left Bitcoin the way he/they did, if not, a tangible solution must have been meted on the system. It pains me every time I think about this and I fear for the future of Bitcoin as a payment solution whether you guys like it or not.

You can imagine all that you can't do with your Bitcoin as you stated above, what else is remaining? If it can't do it for its adopters, so what's the point? It would have been better if it was once in a while, but it's persisting, and for what use if all such services can be regularly denied many times in a single year? No wonder, every company I know that was using Bitcoin and Ethereum alone as their only payment options are now having more altcoins as alternatives. Transactions that should have passed through the Bitcoin system easily and also encourage businesses and more adoption and trust. But, sadly, it is discouraging businesses.
631  Bitcoin / Bitcoin Discussion / Re: Biden is asking Congress to kill the American Bitcoin mining industry on: April 24, 2024, 06:24:45 AM
-snip-
So, lets hear your thoughts on this and if your in the USA, which way will you vote in November ?
Your question seems to create self-centeredness and division, and to what, Bitcoin mining? So, you mean this is the right place and avenue to ask for an election view? For me, it is off. You see, people often like to fake things simply because they want to exploit your weakness and gain from you, they could say or do whatever will please you just to achieve their aims. But for this administration to be natural enough and not mind the election coming to do what they believe is right for the US people is heroic on its own. Unlike what Donald Trump is doing now trying to campaign in line with people's minds whether it is the right thing or not, that's when you see people hailing him. It's all politics, it's all selfishness, just a desperate attempt to get there.

I see no reason why it should be mentioned in tax-related discussions like this. After all, the gradual tax initiative will be subjected to the House and not Biden alone, which means it is not Biden's government alone doing this if it eventually goes through, there will be a vote. And this tax is for the good of the American people, I wonder if it is Biden alone who will benefit from this.

Needless to say, miners are not even worth fighting for, let them remit part of what they earn too.


632  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: April 23, 2024, 04:43:04 PM
-snip-
The federal government are demanding to see a list of Binance Nigerian users since the exchange inception, a person familiar with the matter said.
Sorry this is coming late, I just saw it. I've responded to many similar stories and I must say with all emphasis that the Nigerian government are just unspeakable in reasoning and I wonder what they stood to gain eventually because the way I see things, Binance will not yield anymore. If they like, they should jail the Binance executives, nothing will happen, and in the end, Binance would compensate them as though they were still actively working and would treat it as though they are being vilified on the official ground. They came to Nigeria as the representative of Binance before the Nigerian government "kidnapped" them with their rascality that would amount to nothing.

As I've always said, Binance is not the only country dealing with Nigerians and many are not registered in Nigeria. I am also certain that many countries' citizens are dealing with Nigerian businesses without the Nigerian business having any presence in their country despite financial flows happening. So what? The Nigerian government should have used their senses in this case instead of playing towards the path that would make them lose totally. I wonder about their (government) gain when those guys served their jail terms and still earned nothing from Binance which has claimed many times that it does not have any presence in the country.

Besides, I feel for the absconded guy who has now been rearrested in Kenya, he should have run to a better country than Kenya, he should have learned from Nnamdi Kanu that such a country is shameless, nothing so different from Nigeria. I wonder on which ground the guy would be arrested if he is in Europe and other good countries. Nevertheless, I am disappointed about what Binance is doing through legal means to stop the extradition, even if they lose, they should have at least tried, and not let this political rascality continue unabated.

As for the Nigerian names requested, since they refused to work with Binance, now to what gain? The company they never allowed to cooperate with them? I think they will get that in their dreams. This is especially true as they have lost all jurisdiction rights since Binance has stopped all NGN transactions.
633  Bitcoin / Bitcoin Discussion / Re: Everyone is celebrating about the fourth halving but what is this? on: April 23, 2024, 10:08:48 AM
Lol...I was shocked like the majority of the people here when I saw this in the wake of the halving, it is one of the reasons I've always said that the Bitcoin system is not well-planned. Leaving the good system in the hands of all to dominate it and do it as they like is lame in my opinion as people can do and undo since the heart of an average person is wickedly wicked. Miners have found ways to bypass the planned fee arrangement with the block rewards since there is no one to check their excesses and this could be worse over time as they've already monopolised the system's fee for sole business, which is an offence in a sane economy.

All I regret now is that Satoshi is no longer in charge, I am sure he should have found a lasting solution to this instead for those who were not there when he was putting his/their brains together now reaping it big and ripping people off of their money in the name of Bitcoin.
634  Economy / Trading Discussion / Re: Trading campaigns helps level up trading for traders on: April 23, 2024, 09:05:54 AM
Traders mostly enter the markets to make profits or accept losses. But these days, trading platforms incentivize traders with attractive rewards and events.
An example is this event which offers lucrative prizes like Louis Vuitton bags, Rolex watches, and even a Tesla car for achieving higher trading volumes.

So, even if traders incur losses, the prospect of earning substantial rewards can motivate them to keep trading. These kinds of campaigns make trading more engaging by providing tangible incentives beyond just monetary profits or losses. With the right strategy, dedicated traders can aim to accumulate trading volumes and secure coveted prizes while also making profits
It's okay if you call it a campaign but it has been conducted since a very long time. If I limit the time, I would say since over 20 years now. And of course, it has been helping traders and it can come in different forms. I became what I am in trading today because of these kinds of programs, and what helped me mostly was the programs where brokers would invite interested traders to post on their forums, just like what we do here and will be giving us incentives. The arrangement is that the money you accrued through your activities on the forum would be deposited into your trading account as bonuses, and you can trade it as you like.

The profits gained from it can also be withdrawn with no questions asked. I must say that I participated in such a program for over 10 years and I made so much money and most importantly gained enough trading knowledge. This helped me stop losing money directly by depositing in my trading account and that alone is a big encouragement for me to keep on learning even as new deposits are entering my trading account weekly. What a grace!

Today, if I flash back, I always appreciate such a program that made me train, test, reorganize and restructure my trading systems and styles until I eventually discovered myself and my path in trading. But unfortunately, those of Bitget and others are not so the same, but at least, could still prompt traders who believe they can win something, and for this, try their luck. But for me, I rather prefer the demo context to all these, after all, nothing is to be lost even as you gain more expertise.
635  Economy / Speculation / Re: Are you increasing your bitcoin investments because of today halving ? on: April 23, 2024, 08:46:22 AM
Are you increasing your bitcoin investments because of today halving ? For how long do you plan to hold this new investment from here on.
About Bitcoin, I've put a stop to its investment since last year, and as an investor of many years in the field of the financial market, it is not advisable to continue to buy an asset at a high level, it is always detrimental, especially if something unforeseen happens at that unattractive level. Needless to say, the expected value is no more worth the risk since there is no way one will make 3 times their investment in Bitcoin in this bull season again, so why still risk it even as we are not yet sure if 2 times the increase is still certain in this bull run.

A lot of questions are being asked at this point, and if care is not taken, one may make regrettable mistakes by believing that Bitcoin will always behave the way it did in the past. I started my Bitcoin investment in 2020 and I was committed to pumping it every week then, so I've had enough and with what I've gained so far, there is no way I can miss out on this world cake anymore. My focus is on altcoins now and it has been so nice for me, and I am sure when the altcoins season comes as usual, it will be a very good testimony by then.

There is nothing wrong with diversifying.
636  Economy / Gambling discussion / Re: About running an online casino vs an offline casino on: April 23, 2024, 08:27:03 AM
I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.

I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....

1. Is running offline casinos the same as running an online casino?

2. What do online casinos have to lose if they aren't making as much money as they intended?
Perhaps, it's time for you to own your casino and I can't but wish you well in this quest. After all, those who own it today started conceiving it the way you do now. You should go ahead with this if you so desire.

As for your questions,

1. Well, it depends on you, because the capacity of the casino matters. You may have a physical structure that will be worth a little bucks, while the weekly running costs of a certain online casino will be multiple of the entire money you spend on it. And you may have an online casino that will be worth less to the point that the money you spent to put it together and the gains you make in it in 10 years will still not be able to pay for the ordinary physical structure of some offline casinos not to mention of the rest. So, it depends on your taste, the plan and the resources at hand.

2. Well, it is business, it all depends on many factors, which include, quality service, marketing and luck. If the casino is not making as much as expected, I think such should restrategize and hope for the best. It is obviously the state of an insolvency calling in this regard.
637  Economy / Exchanges / Re: Selling BTC for foreign currencies on: April 23, 2024, 08:09:12 AM
If I want to travel to another country and want to have foreign currency beforehand, where can I sell my BTC? I'm talking about selling BTC to a foreign currency before leaving my home country. Is this possible? And of course, is it legal? Just curious to know.

Any suggestions and/or recommendations would be greatly appreciated. Thank you. Smiley
Regardless of the many replies from people I'd read on this thread, I must say that you baffled me with this question. Judging by your question, you did not mention whether you are new to the cryptocurrency world or not because you would have directed it towards that angle, so I assume that you are dealing with cryptocurrency already and know how to buy and sell your coins. But why is it now different when you are travelling outside your home country?

You made it clear that it is not the confusion of selling Bitcoin in another country you are travelling to but yours, which makes it awful in my view. Are there no travellers in your country you can learn how they convert their fiats to the currency of the country you are travelling to, or at least change it to hard currencies like the USD and other popular ones for subsequent changing to the currency of the country you are heading?

If you can change your Bitcoin to fiat in your country, then the problem is solved. You can simply and easily change it to the currency of your choice. It must not be about changing your Bitcoin to USD outrightly like that, it doesn't matter. Also, if you have a USD-dominated account, it is possible you make the conversion directly through P2P.
638  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Worldcoin? on: April 23, 2024, 01:06:45 AM
I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Lol...I can feel it that someone has enough of Worldcoin in his crypto arsenal, that is the only reason that could have triggered this reasoning. Worldcoin is not a bad coin on its own, it will only need some time like many other cryptocurrencies. But I doubt it can be so significant in performance the way many believed. This is regardless of whether or not Sam Altman tweets about it. If there is no inflow by him and his cronies or good/great news about it, it will continue to behave as it has always done. Well, the Ethereum-based layer-2 chains that is ongoing is a very good development, but this is nothing different from what we've been seeing in the crypto space to warrant some special accolades.

Let's allow it to flow naturally as it has been doing, we don't even need another Elon Musk in the crypto space.

I think next rally would be AI centered. Who knows maybe sam altman tweets and it pumps. Thats my hope.
Why would a AI genius with unlimited funding want to get involved with crypto? You'll be holding your breath for awhile.
Perhaps you are the one to check the record, Sam Altman is a co-founder of Worldcoin. Tweeting about his work, especially on upgrades and a better future prospect is not out of place.
639  Bitcoin / Bitcoin Discussion / Re: What will Happen to crypto market after Bitcoin halving?? on: April 23, 2024, 12:47:38 AM
According to history and recent Bitcoin halving the crypto market will witness a dump it might be massive dump before Bitcoin moves to its all time highs (ATH) having known this from my knowledge has a crypto trader I am expecting a dump at $70k to $72k soon which will cause massive confusion in the market for the newbies, from my point of view alot of newbies will make great Mistake by buying at the wrong time, alot of people come to crypto market with a get quick rich scheme which is wrong because Bitcoin or any other crypto related asset are for long term portfolio which makes it strange for newbies to understand in the market so in short what alot expect will not occur now but later so keep and eye
Your post looks too certain and judgemental, but you will be wrong in the end. Haven't you heard that past histories are not an indication of future performance/behaviour? Do you think Bitcoin can behave the same way all the time? If you do, then you didn't think right. Fine, some past histories of Bitcoin are similar, but with the present dispensation where the ETF saga has caused Bitcoin to have a twist in behaviour, anything can happen which will be different from the past. Or have you not seen what happened about 8 months ago in the Bitcoin market which pushed the coin further to the current ATH ($73,850)? This has never happened for Bitcoin to be at a higher price above its former ATH before the halving.

Now, since it has happened this time, don't you think it could bring about a change this time? Well, the reality of the market is even speaking volume where the market is not looking the way you predicted it. considering the time you made this post, 3 days have passed but Bitcoin is waxing stronger.

For me, the sentiment of the asset is bull and Bitcoin might soon retest the all-time high of about $73,850 again. However, a break of that level might activate a continuation of the bullish trend towards $100,000.
640  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are more people getting excited about memecoins? on: April 23, 2024, 12:21:34 AM
People always seem drawn to meme coins. There are so many with quirky names like Pepe, Bonk, and Meme. In 2023, a bunch of these coins hit the market and made lots of folks rich. Then in 2024, it happened again with coins like WIF, BOME, and SLRF. Now, everyone's talking about Simsol. People love meme coins because they can make you rich quick. It's kind of wild how much excitement they bring to the market. But, it's important to remember they're risky too. What's your opinion about this?
Among all the meme coins listed above, it is SLRF that is strange to me, perhaps you made a mistake in the spelling. Regardless, the reason why people are chasing after meme coins is not far fetch, we all need money since the missing of huge opportunity brought by Bitcoin is causing people to be aggressive risk-takers and get compensated by another coin/token. And I must say that it is paying off. You can imagine what the people who risked their investment in BONK, BOME, WIF and many more would have gained already? No one can blame them because, if the likes of SHIB and Dogecoin could perform the way they did during their days in the last bull run, how much more the new ones listed above, and that was even listed on a new blockchain that didn't have such capacity like this in the last bull run (Solana)?

Solana ecosystem is a very good development in the cryptocurrency world and I advise you to expect more from it over time.
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