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81  Economy / Gambling discussion / Re: Weird sports we didn’t know existed, available for betting on: July 31, 2024, 08:19:51 AM
Wife Carrying - Lol, but yeah, I've seen video of this games or sports and it was really fun but I'm not sure that there is available for betting.

Rock, Paper, Scissors, - for sure every many of us here have played this game when we are still kids and I'm not surprised that you can play with this game but obviously it will be P2P.

There could be other games as well that could be native to certain locally or country but some crypto based gambling platform might carry them from time to time. In any case if you are not aware of this games then don't bet on them simply as that. Some might have easy rules, but there could be games that like involved Harry Potter? If you are not into this novel or movie, then it's not a good game to play.
82  Economy / Gambling discussion / Re: (Basketball) Olympic Games Paris 2024 - Betting discussions on: July 31, 2024, 07:04:39 AM
@danherbias07, @Jating - congrats to both of you, Canada won by double digits so your bets won. It was very close game though till the last 5 minutes of the game when Canada really play defense against the Aussie and stop them from scoring. I will say that RJ Barrett is the one that really seal the win for them and obviously, SGA as well.

What a game that was indeed! It could be the most enjoyable game I have watched in the Olympics so far.  Grin  I really admire Japan players' ambition honestly. Kawamura (29 points) and Hachimura (24 points) played their best games in their Olymics career I assume. Wembanyama made difference for France with a double-double. This time I didn't see Batum playing good enough.

Carrying the game to OT despite the loss is still an admirable work by Japan. Good work. In the end, France are one of top title favourites (even though we all know USA are at another level).

Wasn't able to watch the game as it was midnight my time zone, but I have a bet on France by a -14.5 that is the initial betting line and yet the game went into overtime. So I was surprised to see that Japan really played that good against France and almost pulled a win. So France stays as one of the favorite with Canada. While Giannis and his Greece chances are slim now to go to next round.

Thank you, it was a sweet win by the Canadians, yes, was very closed in the first half, but Canadian knows how to play defense. I do agree with the result of the Japan against France, I didn't on it because I know that France is going to win by double digits and just like the majority here, did not watch as we don't think it will be interesting. But guess what, it's no longer the exhibition match and so Japan trying to win an Olympic game.

Puerto Rico vs Serbia, I'll go with with Jokic over 6.5 assists with @1.75. And then under 21.5 points @1.82.

I don't know if you guys wait to watch the game or it is really late in your time zone. But this game, I'll probably can watch this game for my time zone and enjoy and see how my bets will do this time. Good luck to all bettors.
83  Economy / Speculation / Re: Trump was shot seems to be okay> What does this mean for all of us. on: July 30, 2024, 02:18:17 PM
Trump got shot in neck or face he seemed okay just a flesh wound.

Was it a real assignation attempt?

Was it faked?

What will world reaction be?

Will btc crash bigly?

Will markets crash bigly?
I wish Trump the fake crypto guy a quick recovery. However, no one can deny that there was mayhem, and whether it was directed at him or not, there was an undeniable attempt at people's lives. We can't call what was captured in various live videos fake, but claiming it was directed to him could be fake, and so is the claim that the wound he sustained was from the bullet.

Above all, there have been mixed reactions to this, so the world is divided about it and and so will the market. By virtue, Bitcoin will not even regard Trump's ordeal for any reason. It's you guys who place too much relevance on this guy in relation to the crypto market, not the market itself.

So far though this is what we have seen, the head of the Secret Service chooses to resigned from his post because of the failure of his job. Trump speaks on the Bitcoin conference and push the price to $70k. But it was not enough to sustain that quick run and now we have defaulted back to the next big support at $66,500 and who knows what will be next next movement, whether we go full bull run or crash the market this November.

For now, it seems that we can fairly say that he did a good job for us as we have seen the lowest at $54k and then we touch $70k after his speech at the Bitcoin conference. So majority might not like Trump here, but hey, we will take anything that can bring to market and be on the green at the end of this month.
84  Economy / Gambling discussion / Re: Is your win a function of luck or how much you know a sports? on: July 30, 2024, 01:42:34 PM
I tried out something while I was watching some games in the ongoing Olympics and this is what I did;

I looked out for sports I wasn't conversant with the athletes and didn't  know who was better at the sports and did a random prediction on the outcome of the game. I did it for swimming competition and some random boxing yesterday and out of up to 7 predictions I made, almost 6 went the way I predicted it.

Good for you, even if you are not that well versed with that athletes and the sports, you almost made a perfect prediction. Not sure if this is your first time to bet, but it could be beginners luck.

It reminds me of writing an objective examination in high school and when you're done with the questions you're certain of, and you just do some random selections and luck could shine on you and you get up to 70% from your rough prediction.

I have not tried this in real games that involves using money but would want to know if anyone has ever tried it before.

Have you ever placed a bet by just doing random guesses on the outcome of the game?

It could be just luck on your side when you pick your chooses as you have said, you don't have knowledge or that sports. And with that, might be hard to duplicate it, I mean luck comes to everyone, but it could be just a one time deal. So I would suggest that you shouldn't be depending on luck if you are going to do sports betting. You really need to know the sports team that you are betting in my opinion.

Yeah, early in my career did some random betting and it was hit. However, as I have said, I was not able to reproduce that kind of winning run so I guess it's just about the randomness and luck on my side.
85  Bitcoin / Bitcoin Discussion / Re: Are you still excited about Bitcoin or has it reached its pinnacle? on: July 30, 2024, 12:52:43 PM
Crypto has changed the world and there's no doubt even world leaders like Donald Trump just mentioned its importance.

However, do you feel Bitcoin still creates excitement or are we beyond that pinnacle where it's no longer something to be so excited about?


Every bull run brings excitement, no matter what, we even hadn't hit $100k or more yet, so there are still a lot of leg room for the price to grow and so we should not rest and move forward and it that time comes then it's a different feeling, just like reaching almost $20k in 2017 and then almost $70k in 2021. So for this year's bull run, a conservative estimates of 6 digits is along the ways.

And there will be no time in Bitcoin market that we are not excited about, even in bear market, because it's the right time to invest as the price is really very low and we look forward on how big our profits is in the future. And there will always be newbies in the market, so there's always this anticipation, and imagine the joy that it can bring to them when the market hits new all time high at $100k++.
86  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: July 30, 2024, 11:35:34 AM
@Baofeng. However, it would have been more preferable for the fans if we have witnessed the full power of Pacman against the full power of Floyd Mayweather hehe. Witnessing the full power of Floyd Mayweather against Pacman who was injured is something similar the scammer Tank Davis vs. Ryan Garcia and the rehydration clause. Also, Pacman admitted it, he should have postponed the fight to get a recovery.

In any case, you are correct. It is in the past but if Pacman was 100% for the fight, do you think can win against Floyd?

That fight in my opinion should have happened much earlier, Pacman was already a damage good already, he had many lost and probably his shoulder injury have been the result of wear and tear already. So even if it healed or he didn't suffer any, and even if we see the full power of Pacman, I don't think it will enough to pull an upset.

Floyd Mayweather is one of the most defensive fighter we have seen in the last century so even a not hurt Pacman, 100% could do damage Floyd. And the closest that we can see them fight again is in exhibition. However, Pacman doesn't look good against Anpo last night, and so Floyd is going to win in the exhibition match, I reckon.

Agreed that the fight should have happened earlier. However, I very much argue that Pacman would certainly have a better performance against Floydy if Pacman has given his body to rest and let the doctors fix his injury. We have witnessed this already on Pacman's fight against Keith Thurman. Everyone speculated that Pacman has left the ring very long, however, this long absence also gave his old body much rest.

Yeah, this is just one of the "what if" in boxing, a healthy and 100% Pacquiao against a prime version of Floyd Mayweather, didn't happen as Pacquiao had a serious shoulder injury that he didn't disclosed maybe to some close individuals and advise him to take a rest or go seek medical attention before going for the fight of the century. So he will really regret and as fans we really don't know if he can beat Floyd with his power.

Not only Nakatani did sign with Top Rank, but there is also Jaime Munguia after being promoted by many years by Oscar, also move to Bob Arum and he will be fighting Erik Bazinyan on Sept. 20 in the Phoenix area. So that is a change for Munguia now, and perhaps after this one, it will be Berlanga vs Munguia. Berlanga though has a scheduled fight with Canelo first so maybe at the start of next year, we might see this two going up against each other.
87  Economy / Gambling discussion / Re: (Basketball) Olympic Games Paris 2024 - Betting discussions on: July 30, 2024, 10:49:14 AM
Canada vs Australia in the next 40 minutes or so. This is going to be very hard to predict as both them are very tough. Canada has almost all NBA players, and they have SGA and Murray. While Australia has Giddey, Patty Mills, Josh Green, Joe Ingles and Matthew Dellavedova.

Canada is a huge 1.40 ML, while Australia 3.05.

So it's obvious that Canada is the favorite here to win, -5.5 @1.87 is very attractive bet to me and I will go in this handicap.
88  Economy / Gambling discussion / Re: Summer Olympics 2024 on: July 30, 2024, 10:05:20 AM
Two veterans met at the Olympic Games (they are now considered veterans in my eyes due to their age)
Novak defeated his rival Nadal 2-0 and continued on his way to the Olympic games.
Rafael could not show his presence in the first set and the first set ended 6-1. Although he showed a little more resistance in the second set, he lost this set 6-4 and bid farewell to the games.
Nadal may now have to quit tennis gradually. Because it seems very difficult for young people to resist.
If I am not mistaken Nadal has already stated that he will retire soon, as it is clear that even if the mindset of a winner is still there and he may still want to play, his body does not respond as it used to do so and it shows.

So in a way I am happy that it was Djokovic the one that eliminated him at the end, as it would have been sad to see Nadal being eliminated from the olympic games by a lesser player than him.

Injuries affected Nadal very much and when he came back after serious injuries, Hüyük achieved success.
Now his body has aged and he does not have the same performance as before.
Tennis is not an easy sport on an individual level. Sometimes the match lasts 4-5 hours and it is not easy at all as you get older.
He made his name written in golden letters in the tennis world and that too has come to an end.

If I'm not mistaken he is retired already, and as you have said, it's the wear and tear that took effect on his body and for sure he isn't expecting any out of this Olympics, but still he can represent his beloved country of Spain for the last time and as he Alcaraz to pass the torch.

Japan winning gold in gymnastics, it was very close competition against the Chinese. And for all the hype of it, Japan's Yuto Horigome has won the men’s street skateboarding. So they lead with 6 gold now, host country France with 5 golds. USA at 6th position, but there are a lot of games in the next couple of days that they can snatch some gold medals to improved their standing.
89  Economy / Gambling discussion / Re: Scared Money don't make money; gambling helps you delegate your money. on: July 29, 2024, 09:25:34 PM
Some people are scared of Gambling because they are afraid to loose money. Same reason why they probably don't want to start up a business or invest their money into something that might yield a fortune in the future because of the probability of failure.

Those who are scared of losing their money in gambling is not  gambler.

Gambling is just same with delegating money in a normal enterprenural context, you keep your money idle and don't put it into something and it forever remains that way and might even suffer the effect of inflation, take a portion from it and invest it into something or place a bet with, you might lose it in a worse case scenario but the chances of winning is way much higher.

No it's not the same, it's not like investment or entrepreneur i context, although in life there are thing that is similar to gambling in terms of risk and the unknown. They are totally different because in gambling, you should treat your money as if you already lose it, hence "gamble the money that you can afford to lose".

Let's not always look at gambling from a negative point of view, for me, gambling is just like I'm delegating a portion of my money into something that could yield greater returns for me and since I can do my analysis on games and it works well for me, gambling is another way of making money with money.

And how much you spin gambling, it has some bad and negative points from religion, to society. I think we gamblers knows this and we have accept it. But still we gamble so that we can have some fun and then win some money. And if we are lucky, maybe we can become millionaires if we hit like a lottery.
90  Economy / Gambling discussion / Re: Coupon games vs casino games. on: July 29, 2024, 11:54:50 AM
This topic isn't about doubling the usual spam fest in this section.. whatever suggestions you're dropping below should strictly be about the previous experiences you've had. If you haven't had any, this discussion isn't for you.

Sport betting has always been the "order of the day" even before the introduction of casino games like slot, poker, baccarat etc.., but they've also been a thing of interest for years now. how do y'all see this?
*Which of these two makes a better turnover (profit) for the casinos (land-based or online)?
*Which of them has the highest number of players?

Isn't it obvious that sports betting are a better turnover, you have a good chance to win because it's not a pure luck base games. Sports betting relies on your analysis (or others if you follow other punters and bet on their prediction). As compare to slots or baccarat or any other games that mostly rely on luck. As for me, it's sports betting, better profit but I guess it's not that entertaining as let's say you sit on a table specially land base casinos and play slots. Or you go to a baccarat table and not just bet on banker/player but other side bets such as pair or tie or super 6 or 7.

I think if there will be numbers, the highest number of players should be in luck base games. Again, if you go online you might see players into this kind of games. So what's more on a traditional casino wherein there's a lot of players and there will be times that you have to wait for your favorite games to free up before you can sit.
91  Economy / Gambling discussion / Re: 2024 NBA Season on: July 29, 2024, 10:21:29 AM
This is the KD that we had all admired. Just wow, magic hands but this doesn't happen at all times. Congratulations to the team USA.

Tatum seems heated the seat.

Tatum and Haliburton didn't play, and we can understand as the coaching staff is playing like in a needed basis or what the opposition is giving them. So in this case, they are not needed. But I read that Joel Embiid is -8 when he is on the floor. For KD, it's good to see him back in the fold as if we have not injured or something. Just walking up like that and then contributed to the games. It's obvious that Serbia doesn't have answered to the Americans.

It's good to see WB back in the NBA, we missed that kind of competitiveness in the NBA and for sure it will trickle down to the Mavs players as his desire to win is still there even if we say that he has lost some steps already and no longer in his prime. Gonna be interesting on how he can mentor young Mavs players or even Luka as they are the most competitive and fiery players that we have in the NBA right now.
92  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Edgar Berlanga - September 14 on: July 28, 2024, 01:40:21 PM
There is a lot of money to be made from this fight and Berlanga knows this. He's probably going to be rich after the fight. However, since I know he has struggled to beat his opponents in the past, Ifeel that if Canelo takes this fight seriously, it’ll be over in the first round. Personally, I am not enthusiastic about this match because of Canelo attitude towards David Benavidez. I think he is afraid of Benevidez. I am in doubt that this fight is going to have any impact because of the UFC event at that is happening at that time. Either he's saving Benevidez for the last part of his career because he knows it's a hard fight, or he's simply not ever going to fight him.

This will be his biggest pay check I reckon, Canelo remains the cash cow in boxing, despite his recent decline and so fighters are really looking to fight him and win a sweepstakes, just like the time of Manny Pacquaio.

Nah, I doubt that even if he takes the fight seriously he will win by first round knockout. This is a heavier weight so it's very hard to knockout something bigger unless you have the power. Canelo hasn't knockout opponents in years if I remember it right, most of his wins in the latter stage of his career are all in the scorecards. After his lost to Bivol, he become very cautious and not going for a knockout. Although I will say that he takes all his fight seriously.

Sure, it's a big payday for an unknown boxer like Berlanga, so he should also consider this as an opportunity to become popular by beating Canelo in this fight. Unfortunately, despite his undefeated record, many believe this is just a mismatch, as we can confirm from the betting odds of the fight. Canelo really is a cash cow; that's why he isn't worried about whom he fights because the money is already guaranteed as long as he is in the ring against anyone.

I would say that Berlanga has some hype on his name already and they touted him to be the next star coming from Puerto Rico. But just like Jaime Munguia, I think he is still very inexperienced compare to Canelo Alvarez that's why others says that this is a mismatch. But what Berlanga holds is the power, and we will see if he can at least move Canelo or make him respect his punching power and not just going straight to him.

As for the payday, yes, Berlanga will get his due and probably this is why he agree to fight even if he doesn't have the experienced yet. So let's see how Canelo's chin is, he is getting older, and maybe his chin might crack if Berlanga can hit him with his power.
93  Economy / Gambling discussion / Re: Manny - Pacquiao VS Rukiya Anpo Exhibition Match on: July 28, 2024, 12:02:28 PM
Would not be a miracle if those who bet on Manny lose and this fight ends with a draw. Betting on exhibition fight is risky, as bookies see it from past achievements and record point of view, but how the fight happens no one knows. It might turn, that in such exhibition fight, ref would spoil everything and make an early stoppage, making Abo a winner, wheb Manny will be barely dazed.

Yeah, and for sure those who bet on Manny Pacquaio was disappointed, or at least fans who thought that Manny still has something in his arsenal. His timing is off, and it was a lackluster performance. So I don't think that he is really for Mario Barrios in the professional fight. I don't want to say this, but most likely if he tries to go pro again, he will be knockout and it doesn't look good for him.

Might be better to stay in the exhibition games for now, make easy money just like what Floyd is doing, and stir away from fighting young professional boxers. As for Ryan Garcia who would be his next exhibition fight, it should be stage and Ryan might hurt him bad.
94  Economy / Gambling discussion / Re: [Boxing] Beterbiev vs. Bivol - Undisputed Light Heavyweight Championship on: July 26, 2024, 11:09:02 AM
David Benavidez has decided that he will no longer wait for Canelo and will instead pursue the winner of Beterbiev vs. Bivol. Benavidez had the option of becoming mandatory at 168 and 175 lbs, but it seems that Canelo will fight Edgar Berlanga in September, making 175 the best option for his career. Benavidez did not really impress in his debut at light heavyweight against Oleksandr Gvozdyk. This will likely make him an underdog when he challenges the winner of this bout.

I think this probably happens on September because that 175 is really and ideal weight for him. Going down to lighter weight has a disadvantages on him, and as I had observed with old boxers there has nothing to do good on them for every fighting history. They'll eventually loss power, and it's really dangerous on their fight because we don't know how a boxer could handle without an optimum weight during crucial fights. For now Canelo and Benavidez fight still remains an unfold story, we just have to wait for that perfect match for each of them.

Ideal weight for David Benavidez? Have you seen his last performance at 175 lbs? Against Olexandr “The Nail” Gvozdyk and everyone thought that is it going to be a easy fight for Benavidez, but it turns out, the Gvozdyk live up to his monicker as David can't score a knockdown or finished him in the fight.

That's why we said that he will have a difficult fight ahead of him if he is going to face the winner of this fight. For this fight, the tentative date or at least the new date is around October 12. So most likely if they go ahead on their planned fight, it will be likely early next year and the venue could be in Saudi Arabia as we all know that HE Turki Alalshikh is the broker for big fights.
95  Bitcoin / Legal / Re: SEC Chair Gensler may resign by early 2025 on: July 26, 2024, 10:18:17 AM
Good riddance  for him if he decided to resign by early 2025 or if Trump wins the election. We've seen his hard line stance and if by chance Trump wins, and we all know that he is pro-crypto, he might put a person in SEC that is more lenient and understand what crypto is not just for the Americans.

And for sure, pro crypto advocates might be happy to see uncle Gary out and a new set of fresh air will be in SEC.

Who knows, we might finally see a Ethereum ETF if we have a new SEC chair.
96  Economy / Gambling discussion / Re: 2024 NBA Season on: July 26, 2024, 09:24:30 AM
Draymond Green on Klay's leaving the Warriors,

Quote
Draymond Green on why he’s “happy” an unhappy Klay Thompson left the Golden State Warriors for Dallas:

“I’m happy as hell he’s gone because he wasn’t happy anymore. To see someone who does not have a single care in the world can’t shake nothing, that bothered me… it was time. He loved basketball, he loved his boat, he loved his dog. As a brother, I only want what’s best for you, not what’s best for me, not what’s best for this team.”

Brothers & champions for life! ❤️🏆

https://x.com/CourtsideBuzzX/status/1816677512832798889

Yeah, make sense though, how can you stop or convince Klay to stay in the Warriors uniform when he is not happy with how the management treat him? Definitely there are some feelings for the big 3 of Steph, Dray and Klay as they build up a dynasty with 4 years.

However, as we have said, dynasties are not meant to stay that long, sooner or later it will crumble and probably this is it for the Warriors. They don't have Klay, they are aging, and was not able to get a good star so far in the trade to keep them going.
97  Economy / Gambling discussion / Re: [Boxing] Canelo Alvarez vs Edgar Berlanga - September 14 on: July 26, 2024, 08:52:30 AM
They are trying to spin this fight as a rivalry between Mexico and Puerto Rico. We have seen a lot of boxers both in this country becoming arch-nemesis in the right. But if we look at it, not even close to call this a rivalry. You just have to look at Edgar Berlanga's resume and you will say that yeah, his record doesn't come close to Canelo who have fought a lot of possible future HoF.

And from what I read, the undercard includes Erislandy Lara vs Danny Garcia? They are no longer in their primes, maybe 6-7 years ago, this could be a good fight. But in 2024? I don't think so and I'm not seeing them winning against a pretty much stack up fight by Dana White. The promoters are going to be hard pressed here to make money and maybe they think Canelo can still drive fans and watch his fight lived or PPV.
98  Economy / Gambling discussion / Re: Summer Olympics 2024 on: July 26, 2024, 04:27:58 AM
Indeed USA and China will always top the table in terms of gold medals and that is not going to change any time soon. They are intentional about sports and have one of the biggest investment in sports. I have the feeling that USA will dominate even though Michael Phelps (who always give them gold medal in swimming) will only be coming as a commentator.
China has bad strategy to find, train and grow up the youth athletes for Olympics. There are many information resources that reveal how harsh trainings in China on youth athletes and their government, sport ministry think that gaining medals, high rank in Olympics will show their national power and they are ready to do many unacceptable ways to achieve sports results for their political ambition.

Yes, but you have to understand that their form of government is very different and the mentality of people as well. We have billions of Chinese, and it's going to be a privilege to be train at a young age to become future Olympians. So it is really harsh as kids as young as 4 started to train in let's say gymnastics and so when they are 12, they started to compete at a high level and bring honor to their country.

The USA in contrast, has better approach for sports athletes and they don't aim at medal at any cost. Humanitarian principles to follow are more important than how many medals they have in Olympics. China can get a second rank or first rank but if we assess a national performance in Olympics, beyond total medals, the USA is better than China.

Of course, they also aim for medal and golds, but the approach is very different, trainings as well specially if they are training kids to start win. They are very careful with them and perhaps they are always accompanied by their parents. As opposed to the Chinese wherein their parents are the one pushing their kids to train and then they will faded away as the government will completely take care of the kids and train them very hard to perfection.
99  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: July 26, 2024, 02:46:15 AM
Reports are surfacing that Errol Spence vs Sebastian Fundora is cancelled, or it will be rescheduled or a later date, depends on the source. But the reason given is that Errol Spence is not  fit to fight? Not sure what does it mean though, but it seems that Errol is not ready or at least mentally he is not yet over with the lost against Crawford? That is a bad sign if he says that he is a true champion.

But in any case, we do hope that Spence can fulfill his fight against Fundora. Sebastian give us a good fight against Tim Tszyu and it's right that he got the chance to fight the best at 154 lbs, either Spence or Crawford or any of the champions.

Not good for him if the reason is his mental preparedness, I guess if he wants to regain that statue after that loss against Crawford then he needs to start working out and fight whoever that can gain him another chance to bring his name up, I do hope that the fight will be schedule and give him that time to start working with both mental and physical so he can be fit when the time come.

Let see what will be the update about this news and see if Spence will take this as challenge he's still young and can still make money out from this sport.

Some boxers cannot really come back after a painful defeat, and it's especially tough for him as he was once undefeated but lost to a champion in a unification match. I think the same thing happened to Keith Thurman, as his career after losing to Pacquiao wasn't the same anymore, and he hasn't fought for over two years already. For Spence, I hope he can still come back, as this is a good chance for him to redeem himself. It's a championship fight, so he should grab it.

Yes, you are right, there are many good boxers who can't comeback after a devastating lost. Just like the example that you put up, Keith Thurman, who trashtalk Manny before the fight but can't even back it up as Manny won the fight in a close fight and he was knockdown. And then the boxing media storm against Keith for not beating a old Manny Pacquiao back then.

Another case is the worst one, when Manny beat Ricky Hatton in just two rounds and was knockout cold. He even stay longer in the canvass for 10 minutes, as compare to his two rounds with the legendary boxer. So this might be the case for Spence right now and he really needs to be mentally prepared before fighting Fundora as the stakes are high. So it's better for him to still take some time off, but he needs to comeback if he wants to be a champion again.
100  Economy / Speculation / Re: Anyone else agree that mtgox payout is keeping bitcoin down? on: July 25, 2024, 09:16:41 PM
Nothing but people not buying or people selling could keep it down. Not any news, not any elections, not trump, not biden, not mt.gox, nothing. If the market is hyped and wants to get higher then it will do that, even at the face of everything. Let alone the "news" of a payout, the actual payout itself, even for 100k+ bitcoins being on the market and even being sold all at the same time, if we are on a bull run, the retail investor and the big whales would eat that up like its nothing and spit it back out. There has been plenty of situations like that, many whales sold tens of thousands of bitcoins all at once, and many bad news happened, and during bull period we still got higher, so don't worry and wait for the bull run.

And I was surprised how resilient the market is in terms of this news. The price did go down to $64k and I said that this is it, the market might go down again because of this news. But lo and behold, market pushes or the bulls put the price on $65k++ again, and so we are up. Definitely we are in the bull run right now that's why the prices keeps on bouncing above $60k at least for this month and we are up 3.3x%.

So yeah, we might hear about the Mt. Gox coins or repayment scheme underway for this month. But it doesn't mean that we should be fearful of it. In fact, it has been dragging us for years that it's better to accept the fact that sooner or later, it might have a negative effect. However, as I have said, the market is already durable and tough, and it will not simply just go down because of this negative news.
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