I think altcoins play a role here that people are missing, yes bitcoin has only 21 million and maybe satoshi could be used thats correct but at the same time fore faster and cheaper transactions by the time 21 million bitcoin is not enough other coins will come into affect as well.

If we one day have something like a million dollar per bitcoin thing (I would expect not happening anytime soon anyway) we will have ethereums and litecoins and so forth that would be used for transaction as well, remember its harder to make someone start accepting bitcoin as a payment, after that its easy to add ethereum or whatever right next to it, someone who agrees to take bitcoin wouldn't mind accepting ethereum or litecoin neither. Hence I think this is a non-issue for at least another 20-30 years.

Libra will not be available for a long more while, this is just testnet and it has already seen some support from crypto community
already, people have been talking about Libra a lot and now companies are coming out in support of them as well.

This all makes me super confused because from what I have read about Libra it will be something like USDT instead of bitcoin because it will be a stable currency that is backed by facebook and it is money for 1 to 1 ratio (well don't know the ratio but it will be backed with fiat) and people can use it for transfer, it is not something you can buy and wait for it to go up in price because that will not happen, it will be a certain price and stay in that price just for making money transfers easier, so going into libra makes no sense to me at all.

As long as people are in bitcoin world (or generally crypto) it is fine by me even if they lose. That just means there is more people involved in crypto, if there are winners there has to be losers as well and if they are idiots who do not really care about crypto and learn how to trade which means it is their own choice and I am fine with it, that means I am facing a bad trader who doesn't know what they are doing and that would end with me making more money since they don't know but I do.

Bitcoin needs idiots as well, everyone is so suspicious of everyone and we are thinking there is some shady stuff going on with it and everywhere there is manipulators and speculators trying to make moves that would make them more money than normally would have. So if we have couple of idiots that is just fine, we have enough smart people some idiots would be great.

Value decreasing is not a big deal because the price of bitcoin is a volatile thing and it does move up an down all the time, I am telling you this because bitcoin going under 10 means nothing as well as going above 12 means nothing neither, we can go under 10 today and be over 12 tomorrow and go under 11 next day and it would be all regular movements of bitcoin.

However, volume decreasing is a bit bad because that means buyers are no longer in play, sellers are always there because there is always sellers selling on order books but as long as we do not have buyers taking them out of the market we will not have an increase, at low volume its always risky because we don't know when will a whale either buy a ton and make it go up or sell a ton and make it go down, it allows too much for speculation.

Top traders are not something we can actually calculate, if there was a website where you can see the trades of a person and it showed like a profile how much they made then we could have an exchange social media type deal (amazing idea by the way, someone should definitely do it). That way we could see who buys what and sells what and how much they made so far and during bear or bull etc etc and can decide who is a great trader and who is a horrible trader. After that we could at least eliminate the bad ones and pick the good ones that have been profiting consistently for a long time.

Because, someone who did a great profit and become super rich doesn't mean they are a good trader, maybe that was a dumb luck for a first time and we need to see people who do great trades consistently.

It depends on the human that we are comparing. I mean there are humans who are idiots and trading bots can beat that easily, however there are great traders which I think it would be difficult to beat if you ask me. Hence I think depending on the human we are talking about bots could be either amazingly better or much worse but if we are gonna take the average I think it depends on the market.

For example, during a bear market where all is going down I would believe on an average human, not super smart not idiot, however on a bull run I would trust the bot more because bots know how to make money usually, they are good at that, I have seen plenty of bots that are great at that, however when it comes to bear markets not that many bots are good, I haven't even seen one that is good during bear market.

I didn't really realize that Hong Kong was so much tied to China, I mean we all know their situation but I thought that was a separate country with separate ideals and citizens acting all differently, apparently the government is not so separate, for weeks now (maybe months) there has been the same talk over and over again and it is getting more dangerous for the people who live there, they literally ceased a regular citizen who was walking down the road where protests was happening, it is literally risky to walk in the same place as the protesters let alone becoming a protester yourself.

Withdrawing all your money from banks would work in theory because it would really make it difficult for Chinese banks to keep operating but lets not forget that China can fund it as long as they want because its a really huge economy.

People are not realizing that crypto is not a payment processor. They think bitcoin or crypto is just like a paypal thing where people send each other money. That is not the case at all, bitcoin is literally a currency of its own and can be used to work and get paid in salary and then buy stuff.

I literally bought my vacation from expedia in bitcoin form and haven't paid a single fiat currency for it. That is what bitcoin is. FedNow or Libra or any other stable stuff that is backed by something is just a way of sending dollars to another place with a bit more ease than what we have right now, you are still using dollars, its still fiat money, you are just using a different method of transportation for that dollar and that's it. It has nothing to do with crypto and no its not a crypto killer at all.

I don't think there is anything illegal going on with nitrogen part of this story. They literally warn you not to play in countries that ban gambling and it is up to the players to not play there, if you want to play from USA and then claim you are the victim that is the most moronic thing ever, they tell you not to.

They can't just close all of American IP's coming from there, there must be a two way agreement, otherwise it is basically telling people we don't want Americans and would sound racist. Hence they are telling everyone, not just Americans, if your country doesn't allow it, don't play here. If you still insist on playing that is all your own doing. Plus dude is basically a thief that stole money from the company and used it to gamble, how honest would it be, he would have gambled anywhere else with it if it wasn't nitrogen.

Considering website has been in operation since 1998 I don't think this is a marketing move, looking at the website they do have enough design and development skills to make a better announcement as well so I feel like this is honest 100% question from a noob investor with some funds.

However, considering this website is not known as much as some of the others I would say to stay away from it for a little more while, I would say maybe try more known ones for a while and see how they work and compare their workings with wink as well and see if that looks up to par with the old known ones. If you still insist on investing with wink after that at least you would know what the others provide and what wink does and take the risk accordingly, but if you see something you like more on others that lacks in wink than you can stay away from it.

Poland is more like a "team" whereas China is just individual good players, that is why Poland has a bigger chance. On the other hand neither of those teams will have a shot at the semi finals, we have teams like USA and Serbia who will most likely will be in the finals (unless they face each other, I don't know how the draw will work).

However, looking at the teams right now at sportsbet.io I can see that China probably got a lot of bets since they are at 2.10 right now and Poland is at 2.20 so I can say that peoples sentiment that China is better probably worked a lot. Biggest bet here is USA winning group E gives 1.01 odds, that is literally 1% increase and doesn't worth it at all but if anyone wants to make money that is 100% guaranteed money with no possible loss at all. Hell Greece having 1.25 is another guaranteed one as well and that is 25% increase, nobody can beat them in their group.

Honestly, if you were to remove any I would remove kraken and coinbase, they are both the same and horrible when it comes to depositing fiat, if you want to deposit crypto and trade crypto and withdraw crypto then there is absolutely nothing wrong with them and you can use them (even though they have HORRIBLE interface) but when it comes to depositing fiat currency into them it becomes like a hurdle and really can't be sustained at all, they always delay it, they say its coming, they say its banks problem not theirs, basically they do everything and anything under the sun they can possibly do to use your money for a while before they let you use it as well.

I doubt they use it for interest rates or whatever but it takes ages and sometimes you have to call your bank and report it so you can maybe get it back and bank asks for it from them.

If the theory that anything you touch would go down was real the clearest choice would be leveraging your purchases against yourself in a place like bitmex. You would buy bitcoin somewhere and before that you would put a shot future with high leverage as well at the same time and because you bought bitcoin the price would fall and you would make money.

However, since it is just a psychological thing and you never really know how much you are right and if the price would fall just because you bought is uncertain nobody really does that. It is a feeling and everybody feels that time to time, there are months or even YEARS without profit and than one day you make enough to recover all of it, that is why patience is the biggest key in bitcoin and all of crypto, be patient and you will be rewarded.

I still think altcoins are about to break up a big increase soon, I have been saying this for far too long and I know that it doesn't look like it will happen and many times when we said its up to increase soon and it dropped instead but how long do you really think altcoins can go low, it must be at some point an increase that would make it go at least 50% high for most of them.

I am not sure when and I am not sure how it will happen but I still think its quite damn near soon in order to break this bitcoin dominance, it went up as much as 70%+ one point and now its lower because btc went down but next time bitcoin goes up altcoins should follow it and make a good amount of increase as well, otherwise there are tons of them that will die and community can't let that happen.

I think this period of crypto has been in the past and not anymore. Yes there was a time when bitcoin was equal to drug selling and all bad stuff that dark net markets were doing and during those times people saw bitcoin as something illegal whereas bitcoin wasn't illegal, what people were doing with those bitcoins were the illegal stuff but it was so unseparable that nobody really understood it.

Nowadays, people know bitcoin is just a currency and you can make money with it so they see it as an investment nowadays and not a bad thing which created a wave of people buying bitcoins in order to get rich and that is not good because bitcoin is not something like that however if that is what it takes for people to stop seeing bitcoin as a bad thing and start seeing as a good thing than I am fine with it.

Just now I am checking and it is around 10k levels, in many exchanges as well. It just dropped a bit from 11k levels to 10k levels and that is not really a news worthy thing in bitcoin world. The price has trends which is basically what we call the walls and when there is a huge wall that doesn't allow bitcoin to go above certain levels and walls that doesn't allow bitcoin to drop to certain levels price usually goes between those walls and that is what we call trends.

Now, when people know these trends they usually sell at the top and buy at the bottom to make the most money they could from the movements, its quite a common method to make money and that is why we see these small ups and downs frequently. Until something huge happens there is absolutely no way to change this course.

Right now, we are again into the region of grabbing gifts. Still, I think there is an in between level from "holding long term" and "trading daily" which is "buying each month" which people do not really use that much. You could totally spread out your purchasing levels each month by diluting your purchase levels like buying 500 bucks per month. That is really in between level because its not as risky as buying all in and its not really as big of a skill related thing like day trading.

Hence, there is really a middle level that is both great for future and not requiring too much skill or knowledge of the market. You only have to have enough funds every month to buy which is normally a hard thing to achieve but you can deal with that by just diluting your current cash level by dividing that into 10 and buying for 10 months and if have some left over because of the price you buy more and if not you can save some to cover the 10th month.

As long as the outlook seems bullish there is really no reason to fear the bears if they happen, we have hit as much as 11.8k I think on this recent rally and now we are back under 10.5 already which is basically a short term bear like you mentioned however as long as that is the limit we fall into and not under 10k I fear nothing since it is easy for bitcoin to increase 10%+ and when it is high price that it falls like 10.5k for example that means we can reach to 12k or even above next time we rally high, however when it goes under 10k when we rally we stay under 12k, that is why it is important where it will bottom out, if it is over 10k then we gonna break a good wall, if it is under 10k then same thing will keep on happening time after time until it is broken.

Right amount of technical analysis is always needed, if you do too much of it you will be finding the perfect level of it and than go beyond it because you are trying to tweak and fix things that requires no fixing but since there are bear runs time to time you think the strategy and chart reading you did on bull run is better than the chart reading and indicators you did on bear run however the reality is that bear run one could be better but was done during the bear run which is why it looked like it wasn't that great.

Basically, if you do a moderate amount of chart reading and analysis you will be fine but if you don't do any or do too much than you are going to be going in there blindly without knowing what you should expect about the price movements in general.

Considering bitcoin is not something that is based on anything or backed by anyone in general it is easy to say that emotional has as much affect on bitcoin as technical one maybe even more so.

Because, after all the bitcoin price is what it is because we said so, nothing else gives bitcoin any power at all, only thing that makes bitcoin 10k+ or whatever it is would always be what people think it worths, we give its value not some country or some government. That is why I feel like (which could be totally wrong) bitcoin has more emotional and sentimental indicators than technical ones, since technical ones show what it "should" do but that doesn't have to be what it "will" do like the stock market predictions or forex predictions people usually make.