Well, there is a "small" thing that we can calculate the price of bitcoin and what it is based on, which is not really a huge deal but I can say that it is definitely something people could use for calculating a base number. That is the cost of miners, which changes a lot so there is really no real thing, we could go under what the cost is but the price of a stock could go under what it should based on numbers as well.

So overall I would say that whatever 1 bitcoin costs for a miner to mine could be the base price of bitcoin, if it goes under that number then the price of bitcoin is undervalued at that time, and if it goes too higher up then it is overvalued. However I agree that it is not really a healthy calculation because in crypto the cost of a miners work changes daily because the more machines that starts the harder it gets and the more machines closes up the easier it gets.

I do not have a lot of money but I still use the waiting method because it is a lot less risky to do that. It is basically something that we could all do if we want to because it is not something that takes any power, all you have to do is basically nothing. So at the end of the day it doesn't require to have a big capital, it only requires you to do able to do nothing at all for a very long time, and as long as you are capable of doing that, then you are going to end up being happy about the results.

This is crypto and in the end it always goes up, I am 100% certain that everything will break their own ATH eventually, we will see bitcoin at 100k+, we will see eth at 20k+, we will see bnb at 5k+ they will all reach those prices, will it be now? Of course not, but it will eventually happen and that is all I care about, as long as we can see it happening in the future then I can wait.

Yeah, watching others bet with crypto is way better than fiat currencies because although it's a gambler's choice but sportsbet.io was among the first few crypto sportsbooks and I prefer people play with crypto.

It might be that they are making lots of such bets which ultimately means they win one of them every once in a while.

I am waiting for the dota2 International tournament to start because I am feeling lonely with no good dota2 matches all day.

Although what you are saying might be true, it's completely pointless in the current discussion because as a trader you would never have financial freedom because a trader is similar to a daily wager worker who needs to work to feed his family.

That's why I strongly feel schools must have something in the course that teaches kids about economics and what are the advantages of managing your financial status. What are the problems that come with loans and when one should take a loan.

Everyone is chasing money right not but the one who gathers the most knowledge is the one who has evolved the most, according to me.

You are confusing fiat with paper money. When someone asks can crypto replace fiat, they are not asking whether digital payments will overtake manual and physical transactions because of course moving forward digitalization is going to happen but digital fiat and crypto are two different things.

My opinion on the matter is:
Will digital transactions take over physical paper-money-based transactions? Yes, they will at some point.

Will crypto replace fiat? No, as much as I like the theory, I cannot imagine a world without banks, and crypto is meant to kill banks.

That's correct but I must say the pairs for solid coins are so stable that it is hard to actually make money right now trading them plus the movement is random as well. You are right though, that we cannot invest in new coins just for their price and the only way to earn from these new tokens and projects is by investing in the early stage if we analyzed and find the project useful.

Because of the decentralized nature of cryptos, anyone can make their own project and enter the market which means the market for cryptos will never get saturated but at the same time, the risk of investing in a scam always exists.

People who are slow-paced traders shall move to forex or trade within known coins if they want to trade in crypto while sharp and opportunistic traders with low capital shall look for high paying new projects because they don't have much to lose but everything to gain.

The great thing is that even while the price is doing so bad currently, it is still so much great in the long term because we were near 10k level even in the "good" days of 2020 first half (and even 4k at the lowest but for a short period) so it is really not something that we should be sad about having 33k dollars in crypto. At the end of the day bitcoin is a volatile thing and that is why I am very joyful for the future of bitcoin as well, who cares that we dropped?

As long as we increased a lot for the past 1 year then it is really great. So, what we should be doing right now is to have bitcoin to stay like this and not drop to 10k levels and I would be still happy about it. So just focus on the "not dropping" part and not focus on the increase part. I get that people want that 60k back, but as long as we are 30k+ that is good enough for me.

I do not think that there is a correct answer. For some people both of them are good, for some people both of them are bad, for some people one of them is good and the other is bad, and that's why there is no good answer. Luckily I am good with investing, not that I do anything really I just buy bitcoin when I save some money aside, and that's it, that's literally it I don't do anything else, I do invest into other stuff as well, I have some eth and bnb too, and small amount like 50 bucks for few other places too but that's about it.

I believe there is a good chance I could be getting richer purely by luck because I rarely do anything really. However I am horrible at trading, I could literally lose money when things are going up, no idea how. So at the end of the day I picked what's right for me, but this could be impossible for you and can do something I believe impossible to do, it's all just personal.

Unfortunately that is true in everything at life. I have seen even the food become that way, I have seen cities become that way, I have seen products be that way, it is seriously like that for most things in life. For example once upon a time in history I owned a shop, it wasn't really a big thing, but 20% of the products I sold were the 80% of my income and kept getting sold, and then 80% of the other products were the 20% of the income, it was a few 3-5% different but close to that. Life has so many 80-20 rule that you wouldn't believe it.

At the end of the day just focus on what you can do with this information and in your regular life you will pick up these things and realize them early on and end up making profit that way. I personally try to see that in everything, in trading as well and in investing mainly and it helped me a lot, that is why 80% of my money is in 20% of my portfolio whereas 20% of my money is in 20% of my portfolio.

I think most people don’t even check all these things that you’re talking about. For sure I do know that there are people who make use of some apps that notifies them of whale movements in the market, but most of the times you’re going to get that notification on huge transactions, nothing actually happens after that. Big funds are constantly being moved around on the blockchain, but things still stay balanced.

So, I cannot give you a sure answer on this, but I do know sometimes they can have an effect on the market to an extent. Why they will hardly affect the market now is because the market is huge this time, and I think you need something more than 1000 BTC to make every body start hitting the sell button.

Predicting cryptocurrency can be very difficult, because the market is volatile. And it is not like other assets that are controlled by the government , it is totally on its own and is influenced by the buying and selling (demand and supply) in the market.

But that’s not to say that you can’t go through technical and fundamental analysis when you want to predict the market, but it can be wrong a lot of times, because any event can take place and bring a change that is totally different from what you have thought would happen. So being a trader or investor in the cryptocurrency market requires a lot of hard work and being up to date.

So they also want to create their own cryptocurrency? Well, not bad. But I do wonder why countries wants to own their own cryptocurrency. China has created their own cryptocurrency and because of that they have banned bitcoin, as a way to bolster the use of their own cryptocurrency which is the digital Yuan.

So, I wouldn’t be surprised that if other countries should develop their own cryptocurrencies that they are also going to do the same thing that this china has done, because they will also want a huge adoption for their cryptocurrency as well.

Sure, there is no way that you can start investing when you don’t even have savings. So people who say that are absolutely right for saying. Before you start investing you need to have enough savings in your account, and from there you can take out money and start your investing.

Next, before you talk about investing with your savings, it would be really important that you have cleared out your debts just like the op has said. That’s totally right, because if you don’t pay your debt, you’re just going to have them sucking up every profit you make later on.

Probably cryptocurrency businesses might be moving their companies to over there because Bitcoin was declared a legal tender. I think before any company decides to move to that place, they will have to be considering a lot of things and whether the environment and relocation to that place is going to favor them. So it’s not going to be that easy. Maybe they can just decide to open another office in that location, if they want to.

Anyways, it’s a good thing that El Salvador declared Bitcoin a legal tender. The reason why it’s not a big news in the cryptocurrency space is because it’s just a small country. But I believe this might inspire other countries that wants to do the same to go ahead with it.

If you keep looking at all these things, then you’re sure going to drop out before that time comes, because you will discouraged. There are always a disadvantage to things, and there are also the advantages.

Moreover what you’re talking about now is something that is going to happen in many years to come, I believe before that time comes we are going to see a way to get around this, there’s going to be a solution for sure. And also when that time comes, the system will change and miners are going to be benefiting through transaction fees. There will likely be lots of people using cryptocurrency for transactions by then.

The weird thing about sports is that unless it keeps improving people eventually stop watching, and if you try to improve and make a mistake then you are going to end up with losing a lot of viewers as well. At the end of the day we are talking about something that is very risky, this could end up being liked very much and getting their viewer numbers higher and be loved by the teams the drivers the fans everyone, or it could be something that is hated by everyone and there is no way back but to admit they were wrong.

So, that is why I think these "tests" are good but they need to test it many many times before they decide on something, ask each team and driver, see their viewership of these type of qualify and see the old one and do one that and one that in cycles to see which one gets more views. That is why it is really not that easy to decide, it will take time, or at least should take time.

I think the point for people is that even if there are other coins that could be played, they still prefer bitcoin to be cheap, because why not? At the end of the day even if there are coins that could be free to withdraw and deposit, this is not an excuse for bitcoin to be one of the most expensive ones in the world. Pressure the casino to drop the bitcoin price to a normal place so that it would be fair to people who will play with bitcoin but also just handle it in a way that it would show the world that wolf.bet is not an expensive one and all of those will be easier.

I mean it is definitely not a horrible idea to have wolf.bet do a marketing campaign as having cheapest bitcoin withdrawal fee and minimum withdrawal, that is just what they could do to get some more attention. Otherwise if we just moved to altcoins at every time a place charges high for bitcoin then we are just letting them take the charge and that is just not what customers do.

I would say that learning form others matters a bit as well. Like for example read what people do prefer, and then make your own research afterwards, because if there is nobody suggesting a coin then there is usually no need to go check that out neither. Of course we are a small sample here and we should not be looking into that, but at the end of the day if we are looking to make some money then we should ask this question everywhere we find, even check what people invest in other places as well, twitter and reddit is a good example.

After you see which coins are so hyped by people, then you do what you say, you pick your own coin because what everyone else says doesn't matter, they may suggest bad coins, but nobody will not suggest good coins neither, pick the good ones among the bad ones and you will end up profiting from it in the long run.

It is quite simple to see that "there are better things to do" but when you are suffering from an addiction you don't have the mental stability to realize and follow such advice. You just feel like avoiding everything and just gamble whenever you get the time and get any funds from anywhere. I guess we all have seen a gambling addict in real life or online world and you must have observed their end goal of life is just to gamble, sometimes even if they get a bonus salary or something they won't be as delighted as they are from gambling winnings.

Gambling is meant for fun but once that fun becomes the only activity that satisfied you, it is a problem. It is wisely said that engage yourself in multiple things and don't let a single activity occupy you completely.

Maybe... JUST maybe... It is because they overthrown governments all around the world, from nearly to Japan to other side of the world USA they attacked everywhere, colonized wherever they can, abused, raped, pillaged, killed people in 6 different continents of the world, and caused hate for centuries? I mean think about it at the bottom they destroyed South Africa and did things that would be disgusting to see let alone do, then to the east India and Hong Kong, to the southeast Australia, to west USA and Canada.

This is nearly the whole world map and UK as a small island nation ended up doing this that would make you sick just to watch let alone do. That could be a reason for everyone to hate them? Don't get me wrong Italy is not some cute nation neither, and would have probably done what UK did if they could, but they were never that big so even if they were bad in history, they were never that powerful (aside from roman empire which people do not see as just Italian but as western) so it is understandable.