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821  Economy / Economics / Re: Bitcoin is the new gold standard of the future on: August 30, 2021, 10:46:23 AM
Investing in bitcoin and using bitcoin as a gold standard are slightly different things. It is one thing when individual citizens are engaged in these investments and how the state treats this, and it is quite another thing when the state can use bitcoin in its reserves on an equal basis or even instead of gold. Here there are a lot of nuances, both the availability of a legislative and regulatory framework, and the readiness of the state structures themselves for this. Nevertheless, the use of gold in the economy is worth many thousands of years and already quite well-developed mechanisms, which can not be said about bitcoin. Therefore, we can talk about investments as much as we want, but the gold standard at this point in time is unlikely to be threatened by anything.
Well, we have few things that are closer to it right now. First of all El Salvador accepts bitcoin as legal tender, which means that they may have bitcoin on their reserves as well since people would be able to pay taxes with it since it is legal tender, that is number one.

Secondly Miami mayor has said many times that they are willing to pay salaries in bitcoin, which requires them to have bitcoin, not really reserves thing but at least it is a government official, and bitcoin in the same sentence.

Thirdly we have many hedge funds and similar places that move from cash to bitcoin for their reserves, makes sense because until they find a better investment idea, they get to keep that in bitcoin as well. So long story short we are talking about a road map here, it is getting there, nations could soon have bitcoin reserves for in their treasury and doesn't look like it is too far away neither.
822  Economy / Speculation / Re: Bitcoin @ $50k on: August 30, 2021, 05:36:09 AM
In my opinion though, there is no safe mode as per my experience, during the bull run of 2017, I said that the price won't go below $10k, but it did.

Although it looks very stable, the FUD gang might be just silently creating another news that might impact the market. I wanted to see the price tops $50k again and have a good momentum to much on the upside.
Too dark bro.
Lol, it is too dark. I do not think that the same thing will happen this time around, first of all it was 20k that dropped to under 10k and that was 50%+ drop, we already had that right now with the 28k because it was 64k and that is 50% drop, secondly during that period we had BCH fighting BSV and Craig wright was responsible for dropping bitcoin from 7k to under 4k and that was one of the main reasons why that happened. None of that exists anymore, we had our drop, we had our recovery, we have no fight going on, it is just pure blissful great bitcoin from now out and I believe it will continue to go up.

I understand some people could be scared of the falls, we had a drop from 64k to 28k so even when it drops from 50k to 48k people get scared that same thing could happen, we could drop under 30k this time around, but just because it happened, doesn't mean that each fall will result with the same.
823  Economy / Speculation / Re: Everyone is fearfull. Someone said this is time to be greedy on: August 29, 2021, 09:12:40 PM
When you do have some real experience and awareness in the market then you can easily spot out which one is tending to hype things up and trying to shill down something which is a manipulative kind of act or behavior which is something that is common within this market.If you do make yourself easily get hooked up with fundamentals or events then you should really prepare yourself into something which is really hard to determine
even how experienced or professional you are.

Fear is something that cant really be removed into someone because we do value our money that much and when the time that it seems you dont know on what you should gonna do then this is
where desperation movement or acts would really be done.
Not really, I have been in crypto for 8+ years now, I know many people who have been here for 5+ years, I have seen people make as much money as I have seen them lose. The only difference is that I have seen people rarely lose all of their money, so that means is people are smart about dividing their money into multiple stuff and not go all into stuff, which is a very very smart move, and when they lose it is fine, BUT when people win money here, they win so much as well, sure you could win small amount too, but there are people who makes 100x profits as well and that means that all those losses before that worths it, and that is why people do it.

I personally would love to say that I know which ones will go up, but I have no idea, I just invest, and mainly I lose money on them, but not so much and when I profit, I profit more than I lost combined.
824  Economy / Trading Discussion / Re: Always pump after sold holdings. on: August 29, 2021, 08:09:19 PM
As the title says, does it happen with you as well? Or just it has been happening with me? Not most of the time, but every time it has been happening with me. Although I sold my holding in profits somehow after sold it start to pump more and more. It's not happening with altcoin only. It's happening also in the Bitcoin trade. I do not regret but it's somehow surprising to me. Either I don't have enough patience or I don't have enough experience.
It doesn’t happen to me all the time, but it does happen to me. If you’re steady trading cryptocurrencies, in one time or the other you must have experienced that. There are even times the price will pump very well, and I might decide to sell a day after, because I don’t need the money immediately, and when the day comes for me to sell it I will see that the values has decreased again. Then there are also times when I will sell and the market will pump like you have described here. And then there are also times when I will sell at the highest value for that time.
825  Other / Archival / Re: Scalping is the most controversial way to make money. My experience for 4 years on: August 29, 2021, 04:27:43 AM
I am able to understand this, it’s not always easy to be a trader and doing scalp trading. This led me to have reduced the length of time I do spend in trading these days. I have decided to do other things that will earn me money and ease me the stress that I have to go through while trading.

Sometimes I even do copy trading to ease the stress. And now I focus on other jobs I have to do that wouldn’t take much of time and keep worried, jobs that are not that risky. Too much of all these stress can really affect us later on, which is why it’s important to try and avoid it. Sure I did it (passed through the stress) till I was able to raise some good amount of money, and then I went back to Hodling, and also trying out other things that I can do as well to keep growing.
826  Economy / Gambling discussion / Re: 2022 NBA Season on: August 27, 2021, 08:04:01 PM
To be fair he had David Robinson, Timmy D, Tony Parker, Manu, early kawhi.  I mean he has been blessed with some great players who would make a lot of coaches look good.  I do agree he is a great coach but give him average players and you get and average coach.  Look at belichecks team once Tom Brady left.  Belichecks genius got taken down a notch.
David though is old at that time. It's mostly Tim Duncan consuming the minutes.
Kawhi was also a risk Pops took since he is still a newbie.
It's true he had been blessed with good players but it won't work out without constructing a good play.
They perfectly work out in his care and he builds chemistry stronger than any team. They don't have the Kobe type of player but damn, the simplicity of each play made them look like an All-Star team. No acrobatics, just basics.
The willingness of each players to work alongside with other players, that's how coach form a good contender team.

Coach Pop builds good communications and trust with each individuals inside the court, if you watch how spurs play the game you'll
learned that everyone have the chance touching the ball, and if the called play is for you, you'll going to take the shot whoever you are.

26 wins very possible before Pop leaves this league, time for him to retire and enjoy the remaining years of his life
together with his family and friends.
Everyone thinks that Gregg Poppovich got "lucky" with the players he got, and I agree that getting Tim Duncan is a luck and he is a great player, but Manu and Tony were not seen as great players, they were drafted late, plus Kawhi as well, dude wasn't nearly as good as he is right now when he first came into the league. Let's face the reality is that Pop manages to bring 100% out of anyone who plays for him, and whenever his team is underrated he somehow still manages to beat the expectations.

Definitely he had a bad two seasons now, but that doesn't change the fact that it is Pop and he still is the best coach in league history, with 5 rings to show for it with one team. By this logic we should say Phil Jackson is not got at all, because he had Jordan and Kobe and Shaq and Pippen, just because he had them doesn't mean that he wasn't good, he was still incredibly good.
827  Economy / Economics / Re: Crypto is not limited till buying Bitcoins, it is beyond this. on: August 27, 2021, 06:32:26 PM
We saw threads where discussions sparked about how will the poor take the advantage of crypto and all of them limit their thinking to what will happen if BTC skyrockets. There were lots of great answers, but we have a different approach here in this matter. Even if the poor believe that they have missed the BTC train, why don't they spread their vision and look around?
Your point may be right or wrong still I agree that we shouldn’t limit our thinking. People do tell me that they fear that they have missed out on the opportunity of investing their money in bitcoin so they don’t want to invest in it again. It’s totally wrong to have that kind of mindset.

Even if you missed bitcoin, bitcoin is not the only thing that we have in this market, there are lots of other opportunities that we have here and anyone can make use of these opportunities to earn. That’s why we need to chill and study the market very well and know how it works and the latest and best projects that are available to us. I have seen a lot of trends come into this market and people will use them as opportunity to make lots of money that will change their life.
828  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: August 26, 2021, 06:15:27 PM
It's more a matter of principle. Paris Saint-Germain does not need money as much and is not in such a hopeless situation regarding financial fair play as Barcelona, which urgently tried to find buyers for some of its players, so PSG can afford to do such symbolic things, such as, for example, we are not against selling a player, but only on their own terms. However, I am not at all sure that Real Madrid will agree to the proposed conditions, especially since the president of Real Madrid, Florentino Perez, expressed his dissatisfaction with Paris Saint-Germain's rude response to the transfer offer. Real Madrid seems to be ready to increase its offer, but I don't think that it is by the required amount.
I do not think that PSG will be selling Mbappe, I believe that they are going to let him go because there is no money in the world that worths Mbappe and it is not about selling him, it is about basically keeping him and showing that they care about him so much that they even declined 160 million offer. You think that does not have any impact on Mbappes decision to stay or not? Guys were offered 160 million and they said no, which means that Mbappe knows that PSG wants him this badly, and that will play into the fact of how much he will want when contract is offered again.

I believe that given enough money PSG could still hold him, offer him twice what Real is offering and he will stay, who would say no to 2x amount of money? And give him like 5+ years worth of contract, give him like 50 million a year for 7 years, and I do not see any case that he is not staying, that is A LOT of money.
829  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: August 26, 2021, 04:08:11 PM
Bitcoin price is increasing so fast such that some people wish they borrowed and bought bitcoin at 29k some weeks ago
Hindsight is a beautiful thing, there were some people who were looking to get rid of their BTC when the price was hovering around $29-30k.

How can someone know the perfect time to pick such a desperate gamble?
There's never a good time to make moves out of desperation. You have used the right word, it's similar to gambling.

We win or lose in trading or holding bitcoin but, I presume with the help of experts in this forum who have gone through thick and thins in this market
No doubt this forum has some of the biggest names in the community but I really doubt whether we have the best traders in this forum. A lot of traders are making money quietly and don't have enough time to help others. Also, not everyone wants to share their ideas because a trader earns money only until they keep their secrets to themselves.
830  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: August 25, 2021, 05:06:11 PM
We are entering the match week with an awesome game:  Manchester City vs Arsenal.

Manchester City couldn't break a leg against Tottenham and they had a bad start to the season. But in their next game against Norwich, they literally demolished them 5-0. It was a productive day for Gabriel Jesus also (2 assists). Now, they will want to destroy their next opponent, Arsenal. On the other hand, Arsenal had a terrible start. First, they were defeated by Brentford 2-0 and after that they were destroyed by Chelsea home 2-0. In the absence of their best forwards (Aubameyang and Lacazette) they had a serious difficulty in scoring goals.

Manchester City have the psychological dominance over Arsenal now considering the last head-to-heads. I think that they will not have much problem and they will manage to win this game by 2 goals at least.
I do not think that Arsenal could start to finally be good again with this game, they will have to wait a little bit more. City already feels like they are not doing great and they want to roll last season to this season again and only way to do that would be to beat Arsenal with comfortable margin, like 3-0 or something like that would make City feel at ease.

For that to happen Arsenal needs to be dominated and by the looks of how Arsenal is at relegation zone (just for now), that looks like it is not going to be good at all. This is why I believe that we should not be expecting Arsenal to win this game, easy bet on City to get it, I am planning on putting 2.5+ goals for this game, overall of course not just city but I think if you do just city even that could work, it would be a lot better payment in the end if you do that and you would get good returns but I want to be certain and do overall.
831  Economy / Gambling / Re: Moonbet - Become the Owner of a Crypto Sportsbook & Casino on: August 25, 2021, 01:49:34 PM
Without further updates, speculations will continue to come up, but getting your point, I can say that delayed for good reason will make the business better. If they can provide information and share everything, then readers and those who are waiting for the business to be up and running will have a good idea what's really the score behind.

A word from the team is very important for the business, they need to build good communication from this channel.
That is what I am saying, delays are good depending on how you are handling them, it is quite important to handle things professionally and when you do that then you are going to end up with a positive return instead of a negative one. The explanations like "hello, we have delayed the release a month because we are working on a brand new thing!" and explain what that new thing is would make a lot more positive than negative.

But, doing it without any news like this place did is a big negative, people are not getting anything AND also not getting any more hype as well, it is just like they gave up and maybe they are not even going to start the place? Who knows? This is why I believe that it is quite difficult to manage a place as well, it is just so hard to be on at all times, like you have to be ON every single second and everything you do should be told to public as well constantly.
832  Economy / Gambling / Re: Cloudbet | Bitcoin Casino & Sportsbook | The No.1 Bitcoin Gambling Site on: August 25, 2021, 10:41:20 AM
I deposited Doge yesterday but I decided not to bet anymore and when I try to withdraw the withdraw address is disabled, whats wrong with the withdrawal function, Is it working or not?
Actually, most of the casinos & sportsbooks will not allow you to just deposit and withdraw. I have been in such a situation and it feels terrible but you need to probably rollover once the deposited amount before withdrawing. I shouted at a casino's support initially because I was like, dude I am paying the transaction/withdrawal fees so just send it. But the support person informed me that due to money laundering and mixing issues they have to put such limitations in place.

I don't your exact problem but mostly that is it. Cloudbet has a live support option on-site so they might also help you out. I wish to see you get back your coins asap.
833  Economy / Gambling discussion / Re: Most active bookie for cricket on: August 25, 2021, 06:34:27 AM
Honestly, if you asked me personally I would answer Cricket betting 'no', I don't like betting on team sports like baseball, annoying, indeed this game is classified as having the most followers, but the betting opportunities can be said to be nil with no definite results.
I understand not everyone can love the same sport because everyone have their own choices. But the draw and winner market you mentioned is for Test-matches which go on for 5 days and indeed even I find them boring from a bettor's perspective. You may want to try and bet on T20 matches and even T10 soon.

In terms of markets cricket is one of the best sport to bet on because you can virtually bet on each delivery and then there are milestone bets. But I respect everyone's taste and it also depends on the country you live in. Most Asian countries enjoy cricket while Americans will find Baseball, Basketball and American football more entertaining.
834  Economy / Speculation / Re: Are we in 2017 again? How do you feel about the price chart today? on: August 24, 2021, 07:20:06 PM
At the present the green signal of the market is seen. The BTC price has risen above 50k again. I think the price of BTC in this bull market can be 100K or more. There will be market correction and the price of BTC may go up as well. Good days are coming in crypto.
I seriously wish $100k is not reached in a hurry. Yes, I am being serious here. if the price reaches $100k very quickly it only signals a massive crash to follow soon as it happened after the 2017 bull run. Steady and slow growth is more natural and worthy than a whale playing with the market.

If the price reaches $100k before the end of this year, I might sell most of the coins I hold because there is no way the price can go upwards after reaching 100k in such a small period of time. Earlier, when the price reached new ATH of $55-60k people were again talking about 100k and we fall flat. I am keeping a closer eye on the market for the next few months.
835  Economy / Gambling / Re: Bitcasino.io 💜 — Wild Win Tournament 🏆 Up to 200% extra win on: August 24, 2021, 04:16:17 PM
And ...
If make it from fourth to tenth place in the top 10, you'll receive 50 free spins on the Wacky Wildlife slot game Wink

Enjoy and good luck Smiley
Karl
Bitcasino.io

I don't really care if I win the promo but I hope to God if there is, that you will get to that place because 50 free spins for me is much better than winning those bitcoins, I don't mind spending on the promo but I hope that we can those 50 free spins.
Good luck to LFC and you both!

I wish I could join the tournament but I don't have the requisite funds right now and can't make a deposit before mid-next month. I really love these types of promotions though and will take part in the future ones.

I wonder what will be the amount for the free spins or maybe it depends on the bet amounts you play with. Good luck to everyone who takes part in this cool tournament. A 0.15 BTC during a bull run sounds super cool!
836  Economy / Gambling / Re: 🔥 Bitpr0.com | The Ultimate Crypto Gambling Site Directory on: August 24, 2021, 06:55:37 AM
Hello admin, why is stake listed among new website I think any website that has operated for more than two years should no longer be termed as new. Or what criteria did you use for your site selections? And I also can not fine bustadice on your site.
I tried to find where the new Sites column is but I wasn't able to find it. Actually, stake and other casinos are listed under multiple categories but this is something most affiliates do. Listing the same casino under different categories means the user might not visit it from the slots column but may visit from the live dealer's one and so on.

There are no reviews or anything, you click the logo and it takes you to the affiliate link directly. I mean a small review or rating is the least a review site must do. Their design gives me the resemblance of rollin.
837  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Staking Coins a Good Idea? on: August 23, 2021, 08:34:23 PM
Staking is the means of earning in crypto currency, which is lucrative means of earning income without streess (Passive Income), the basis before staking is to do personal research, before staking and consider the rate of return, after its a good idea to stake
Coins that work on the POS (staking) usually lose their value in the long run because the rich get richer and will dump a large number of coins in the market each cycle. If you are staking a coin either make sure the returns are great or the value of the coin is preserved in some ways, either by development or use cases.

I personally don't like staking but I have seen guys making a good amount of money from staking alone, but they have good capital to do it. Also, there are many Ponzi schemes that look like staking sites so be very careful.
838  Economy / Economics / Re: Cryptocurrency is the biggest investment opportunity in the future on: August 23, 2021, 07:28:38 PM
It's still is the biggest investment opportunity in the present, I don't know what you're talking about but I think that it's going to be that way until the last coin is mined. Unless of course, bitcoin becomes too expensive even to buy even a fraction of it to the point that no one is getting in the market and everyone is just hodling hoping that they can squeeze out the prices to go up much higher.
It again brings the value vs price discussion into the spotlight. As long as the price of bitcoins or any crypto is lower than the value it holds, it is worth buying them no matter what the price is. How you estimate the value is actually where the fun begins and intelligence plays a role. For me, any crypto that has the mechanism to create scarcity will survive and hods real value.

As long as there are bitcoins being mined, they will be sold in the market but once all the coins or are mined or the amount of coins generated from mining is not significant, then we can actually see the real price of bitcoins.
839  Economy / Economics / Re: Why would people ever use bitcoin if its expected to always go up? on: August 23, 2021, 05:56:38 PM
Should you have a pressing need with no funds at hand or an alternative source, how then do you satisfy that need without selling a portion of your bitcoin portfolio? In an investment, you must stand to understand the point at which, you could say your making profit or a considerable amount of profit that suits your investment purposes and that is a win. Value is always going to play around in the price of bitcoin and no single person would be able to gain in on all its value else, your most likely to never enjoy any returns on your investment and that won't make a lot of sense. At some point, you've just got to sell with a reason.
Well, but I actually like the point made in OP. You consider a situation like this.

- The price of BTC will only move higher -

Now given that you have some BTC and you want to buy something in the market why would you ever spend your bitcoins? Surely the bitcoins you hold aren't the last and only a bit of money you have.

One answer could be because bitcoin in a lot of places keeps you anonymous while other payment methods don't. If someone wants to pay for porn anonymously, they would never opt for PayPal.
840  Economy / Trading Discussion / Re: How many consecutive looses can you handle in trading? on: August 22, 2021, 09:23:18 PM
For me I can't really handle much loses especially when it's happens after one and other creating phobia of loosing more if one stays in the trade. Continuous loses can affect a traders' psychology when it comes to trading and maximizing profits. Although the aim is to make money in the market but at the same time we need to try our possible best and control ourselves in order not to be affected by trading phobia. The market is not friendly but one can utilize their power when they see opportunity to buy more or sell more provided by the market volatility.
Just like gambling, one should pause trading if one is facing loss one after another. Maybe the attitude needs to change and taking a mini-break sometimes helps you realize what recurring mistake you were making because there is no way you are losing just every trade unless there is a common mistake each time.

I am not saying you should just stop trading completely. Taking a break means it's time for self-realization and analysis of what's going wrong which is also a part of trading. Sometimes when people aren't trading they feel they are losing valuable time, that's not true. Self-realization and analysis of own trades are just as important as trading itself.
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