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6361  Other / Beginners & Help / Re: red trust on: January 07, 2021, 02:34:31 PM
Yes, expanding a little what DdmrDdmr says, the only important thing in this forum is that someone in DT gives you negative trust. In the signature campaigns they don't let you participate if this happens to you (I don't know if in all of them but at least in most of them). Also, if you want to trade with someone on the forum, you won't be able to, unless the person trading with you is a newbie and hasn't noticed. The same as for promoting a website of business or yours, people won't trust you, etc.
6362  Economy / Speculation / Re: Crypto just hit $1 trillion market cap! on: January 07, 2021, 12:54:37 PM
It's funny how everyone is choo-choo now, no limit, trillions, etc etc, while just a few months ago it was like "will we ever see $10k again". Moderate your expectations and you will not be disappointed. Those who bought at $19k in 2017 were crying for 3 years and blaming everyone else and probably sold at $4k all bitter and angry... don't be that person.

I totally agree. But let us enjoy these moments after a few boring years. It is very pleasing to see how the bitcoin beats ATH after ATH. When we enter a bear market I'll just yawn a lot again and I'll keep holding.
6363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 07, 2021, 12:48:54 PM
We almost hit $38k

Ok... this is quite a feat. But realistically, it can't just go up forever. What do you guys watch out for when trying to predict trends? Any good insight sites?

I'm my case, as my crystall-ball is broken and I'm not going to buy a new one, I just hold. Buy and hold is the only thing I recommend. You can cash out some profits when some milestones are reached, of course, but trying to time the market is like playing roulette. I know that some won't agree and that there are some people who make profits trading but that's not for me.

Edit: just crossed $38k.
6364  Economy / Speculation / Re: $80k within 6 weeks, new ATH October 2021 on: January 07, 2021, 05:11:26 AM
This is no man's land. In my book, hardly anyone has credibility.

The momentum is incredible, indeed. I've been considering the possibility of an April 2013-like run up (and subsequent consolidation) too. The best candidates based on the growth so far are March-April 2013 and April-May 2017. Both powerful, but the former went further, faster, in a much more spectacular blow-off top.

Does this mean we get another 83% crash after the first peak? Imagine running up to $140K then dropping back to $25K. That's the magnitude of April 2013. What a roller coaster that would be! Cheesy

Yes, the truth is that with the bull run, one does not stop seeing threads like this and it seems that people forget that at some point the price will have to come down. Usually if the price goes very high very fast, the crash will be worse also. The fundamentals are good, the current situation with institutional investors, shortage of supply, etc. too, but there may be something we are not considering now that will drive the price down.
6365  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 06, 2021, 09:00:12 PM
Another ATH? I've lost count of how many during this year already.

I may be wrong, but this looks like, unless a large asteroid impacts the earth, or something like that, we are going to go very high without drastic corrections (40/50%) during this year.
6366  Bitcoin / Bitcoin Discussion / Re: I miss the good old days on: January 06, 2021, 08:32:36 PM
I am sorry to hear your story, OP.

Any chance you can be more active in the forum and making a few bucks as well? Like joining or managing signature campaigns or escrowing again. That way you would be thinking about bitcoin in the present instead of missing it and also earning some.
He can do much better then these signature campaigns stuff because bitpop is PHP developer and very good in past I check his post history but sadly right now physically and mentally he is not good enough to do things for himself its really sucks feeling sad for him and more we cannot do any thing for this great bitcoiner.

Well, whatever. It doesn't have to be signature campaings, whatever he can do that makes him become involved with the community again and also earn some bitcoin. The problem is if he is not in the mood but it sometimes helps to have your mind occupied with something you like.
6367  Economy / Speculation / Re: WTF? Do you think a major Central Bank will close soon? on: January 06, 2021, 08:24:38 PM
I have just seen another video on the same channel and he has nuanced what he said that at first sight seemed crazy. He says that the central bank that has more numbers to close would be the ECB but to become another institution after bailing out. I don't believe what he says either,as he's playing the role of a media star giving great headlines but it makes more sense and is better understood. Just as he said the previous time, it seemed that the central bank was going to just close down and start being replaced by bitcoin.

His prediction of the maximum for this year: $230,000. It seems that he was right in his prediction for 2020.

By the way, I quite like the presenter.
6368  Economy / Speculation / Re: Can Bitcoin go below $20k? on: January 06, 2021, 05:14:09 PM
I think it is highly unlikely that it will go below $20k. First because what's happened in the previous cycles. Once the bitcoin broke the ATH after halving, it did not go back down below that ATH.

Second because I believe that institutional investors will not let it fall below that price. These investors are buying for hold for years, but even if we imagine that we will get to $100k very quickly, some might consider selling for profit. If you buy at $20k and it goes up to $100k you can sell and you have made a 5x. But to the extent that the price went down they would buy back, in my opinion

6369  Economy / Economics / Re: Market Cap Crypto VS Biggest Companies on: January 06, 2021, 05:08:27 PM
Well, if most predictions come true, and we surpass 100k in this cycle the market cap for bitcoin would be $ 2,000 B, surpassing Google, Facebook, Amazon etc. It is a huge deal.

The total MC is really around that amount on the infographic, but it should be noted that 2/3 of that amount is what it refers to Bitcoin, and that another $150 billion belongs to the first two followers on the list. Although people like to play with numbers, most altcoins is actually pretty worthless, and it is very easy to manipulate with all those numbers. If a coin (and I won’t name it) has a circulating supply of over 100 million and a vague max supply, then it’s no different from fiat - virtual printing of new coins and pumping values lead to total market cap pumping.

I totally agree.

Even Bitcoin MC is not something we can take as a precise number, because if only 1 million BTC is lost forever, the value of MC would be lower for around $34 billion.

I'm not so sure about that. I agree that MC is somewhat vague but scarcity pushes the price up, so I think the lost bitcoins are somehow reflected in the price. I believe that institutional investors who are buying bitcoins take into account that there is a limit of 21 million to the creation that there are already some lost, plus those that can be lost along the way.
6370  Bitcoin / Bitcoin Discussion / Re: I miss the good old days on: January 06, 2021, 08:32:20 AM
I am sorry to hear your story, OP.

Any chance you can be more active in the forum and making a few bucks as well? Like joining or managing signature campaigns or escrowing again. That way you would be thinking about bitcoin in the present instead of missing it and also earning some.
6371  Economy / Gambling discussion / Re: The gambler who manages to beat the casino through cheating on: January 06, 2021, 08:14:42 AM
Well, I'm not surprised that most of them are cheaters. If everything is correct, the casino has a positive mathematical expentacy with every play, while the player has a negative one. Only counting cards in the past and those imperfections found by the Pelayos brothers could beat the casino but I think it's nearly impossible nowadays, unless someone finds a way to somewhat hack the online casinos software.
6372  Economy / Gambling discussion / Re: Gamblers - How do you use your signature campaign earnings? on: January 06, 2021, 08:10:26 AM
I don't gamble. I just play poker in fiat sites because the crypto sites don't have nearly as much traffic, good software etc. For the moment, I save my signature campaign earnings because they are just pennies but if the future I may spend some. I just don't treat my sig campaign earnings differently from my bitcoin holdings. I plan to sell as price increases when some milestones are reached.
6373  Other / Off-topic / Re: How to overcame high blood pressure? on: January 05, 2021, 08:12:57 PM
I agree with 1, lose weight.

I partially agree with 2, as we don't have the same concept of eating healthily. For me it would be to eat three times a day maximum but with no whole grains, better if it's high in natural healthy fats, but as long as it's unprocessed food, I'm OK.

3 OK.

4 I disagree. I've read what the American Heart Association says and what dr Jason Fung (and others) say and I believe the latter.

5 I agree.

6 I agree.
6374  Economy / Speculation / WTF? Do you think a major Central Bank will close soon? on: January 05, 2021, 08:02:35 PM
Max Kaiser says that "one of the major Central Banks will close in 2021-2022, utterly and completely".

https://www.youtube.com/watch?v=_VcOjre9h60

Is this guy high? Is he an idiot or what? If he turns out to be right I'll admit it and I will take him into great consideration but I think he is just nuts.

I don't know much about him, apart from the fact that he is well known in the cryptocurrency space. I've googled about him and found that there is no middle term: some people love him and some people hate him.

Here we have an old bitcointalk thread about his credibility:

Why does Max Keiser still have any credibility?

Anyway, in that video he says that one of the major Central Banks will close in 2021-2022 and that will start a transition post-central banks.

The idea sounds good to me but I don't expect it so soon.

He sounds to me like quack.
6375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2021, 05:43:25 PM


Nice but it's old. Bitcoin marketcap surpassed BH one like 5 days ago:

‘Rat poison squared’ Bitcoin passes Warren Buffett’s Berkshire Hathaway by market cap.

Current BTC market cap is $602,229,921,514, about to eat Tesla.
6376  Economy / Speculation / Re: Yes, you who are waiting, what is your excuse now? on: January 05, 2021, 03:48:53 AM
The people you are addressing probably won't read the post. They are also more likely to buy expensive and sell when it goes down because they get scared, as extasie says, which is the opposite of what you should do. The excuse for not buying this dip is the same as for not buying at $4-5k in March: for them it looks like the world is going to end.
6377  Other / Off-topic / Re: Earn with Beer Money Forum on: January 04, 2021, 08:36:09 PM
Beer Money Forum is a forum where you can earn money by posting comments and threads. You can also earn bmf by doing tasks in the marketplace section ! You can also earn 1000 BMF(1$) for every referal who completes 100 posts ! The website have different sections where you can learn different ways to make money online.

To withdraw you need at least 1000 bmf!

PayPal - $1 minimum
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Good Luck !

So, you can earn shitcoins in a shitforum full of shitpots.

No thanks, I prefer bitcoin.

Bye.
6378  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 11:22:55 AM
LOL

Are we dead already?

I think I was lucky. I sold some bitcoin when we passed the 20k mark and then I sold some more at around 34k. Not selling anything else until we get to $50k. No matter if we stay in a bear market for years. If that is the case, I'll keep accumulating.

 Grin Grin Grin

Not that I'm saying this is going to happen. It's just what I would do in the worst-case scenario. I think it will take a year at least to enter a bear market.

And, according to your previous post, we're not going to reach $50k before going into bear? Pfff.....  Grin

No. Read again. Or stop smoking pot, lol.

Maybe it's just me or bad wording but I got it like that. Or maybe you can explain what you were trying to say?  Cool

Maybe a bit of both. First I was laughing because the weak hands are going to think that we are going to die. So in a day like this they will sell. O the contrary, I will only sell when certain milestones are reached, like I have already done. Next one is $50k.

So, I believe this is a small, natural, healthy correction, but even if this turned into a nightmare and we went into a bear market, which I don't believe it is likely, I would keep my strategy and I wouldn't sell a dime until we reached $50k.

Maybe I tried to be sarcastic but it didn't work.
6379  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 11:03:57 AM
LOL

Are we dead already?

I think I was lucky. I sold some bitcoin when we passed the 20k mark and then I sold some more at around 34k. Not selling anything else until we get to $50k. No matter if we stay in a bear market for years. If that is the case, I'll keep accumulating.

 Grin Grin Grin

Not that I'm saying this is going to happen. It's just what I would do in the worst-case scenario. I think it will take a year at least to enter a bear market.

And, according to your previous post, we're not going to reach $50k before going into bear? Pfff.....  Grin

No. Read again. Or stop smoking pot, lol.
6380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2021, 10:51:36 AM
LOL

Are we dead already?

I think I was lucky. I sold some bitcoin when we passed the 20k mark and then I sold some more at around 34k. Not selling anything else until we get to $50k. No matter if we stay in a bear market for years. If that is the case, I'll keep accumulating.

 Grin Grin Grin

Not that I'm saying this is going to happen. It's just what I would do in the worst-case scenario. I think it will take a year at least to enter a bear market.
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