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941  Economy / Speculation / Re: Progression in price on: April 23, 2023, 04:39:23 PM
Of course, Adam has been supportive of bitcoin and he has tons in his wallet, so not surprising t hat he will be so bullish about the price at the end of the year. But the best thing to do for us, barring all circumstances is just to wait for it. If the price reaches as what he has predicted then good for us. Specially if we have been accumulating bitcoin this bear run.

And with that we are all prepared for the eventual bull run in 2024-2025.

As what the majority is seeing, a cool $100k will upon us next year, so just have the patience and again, stacks sats.
I think a cool 100k would be amazing as well but we shouldn't really "expect" it, as in like we shouldn't think that's a given, because if it happens that would be lovely but if we expect it then we will feel like we earned that by waiting, and if it doesn't happen we would be super upset about it. That is why I think that it is important to focus on smaller numbers, realistic ones that would be simple to reach.

Like saying 40k is possible, of course it is possible, we all know we will get there, and to think that we would be so much happier when 100k happens because we though 40k was the possible one, is better and if it fails to be 100k, we would be just happy with above 40k price as well, much better.
942  Economy / Speculation / Re: What is your take on the pump coming? on: April 23, 2023, 08:05:40 AM
I sense that very soon the pump will start to shame all those folks who feel btc is failed project. We are expecting the bullish price to pump 60k straight up even against all odds. Those who are well position for the market can see the evidence this night is already 30k plus. I can only believe that bitcoin will do better than ever, though not withstanding we should invest wisely while waiting the pump.

If my plans works out am ready to buy more and store! But what's your take on the pump? Do you see it coming or am just doing illusion?
Do not call bitcoin price increase a "pump", because pump means it was manipulated and basically just made by people to make a quick profit, which usually follows up by a dump as well. Bitcoin is not like that, it does have an increase but it is not a pump to make a quick profit. It is an increase that we all trust and it goes up a lot in the end as well.

I personally believe that the best thing to do in this case is to trust bitcoin going up, and then staying up for a while as well, or continue to go up even more. I know that everyone is worried about the potential drop after the increase, but there won't be one for a while, it will have to go up too much in order to have a crash, and it hasn't gone up that much just yet.
943  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it risky to invest in new crypto coins/tokens on: April 23, 2023, 05:49:23 AM
It is beyond promising, for me personally I think bitcoin and ethereum will get me rich, not in a day or two but in a decade or two but they will make me rich. When you "know" that, you invest accordingly and I do that. Maybe I am wrong, maybe in the future crypto will not be a thing anymore and something else will come out, and maybe I am making a big mistake.

However, I believe that we should not be considering the terrible future that may happen but instead look at it as a bright future ahead of us. This is my investment so far, I always consider that these will do well and I will not change that mindset unless I am proven otherwise. The best thing at this moment is to keep buying them as long as you can, until you can easily retire.
You cannot possibly know something like that, you can believe that it will happen, I personally do believe that it will be high in a decade too, but I do not think that it will make me wealthy, I just think that it will do as well as hoped for and go up, that should be the only thing we should care about.

I know that bitcoin is a great investment but to think that you "know" it will go up would be wrong, we should be ready for anything and that should be the key here, if we can make a profit then that is great, if it can go up then that would be great, but if we do not make any type of profit at all then we should be ready to hold even longer as well. I hope that it does as well as people hope for but I will be careful anyway.
944  Economy / Speculation / Re: FTX recovered $7.3B in Assets and is considering restarting! on: April 22, 2023, 08:19:50 PM
It was quite interesting in the case of Mt. Gox as a lot of people got into profits that way. Most of them would have probably sold much earlier and now they there Bitcoin were stuck they couldn't take any action to their own benefit.

And this number $7.3B is kind of odd, don't you guys think so? I thought they were almost fully broke, but this quite an amount of money. Now the question really is what values they picked in order to calculate that amount. If there are a lot of illiquid assets the amount could go down tremendously.
Profits? I thought we are talking about collapses here, unless if you mean the refund made by Mt.gox. If that is then yeah people are surely be in profit because they invest in BTC long time ago when its value was still cheap but it have grown a lot through the years even though it experience a dip last time. You are right, FTX got bankrupt these new money they have accumulated did only came from other sources such as their crypto investment. We heard that they have massive SOL holdings. That is one already but they might have other sources of income. These calculations can go down but it can also rise more if they haven't liquidated it yet.
I do agree that it is going to be something profitable if there are more coins out there, I mean think about it FTX could find those assets and can sell them and give people their money and people could use that money to buy more. That would help everyone, and the market would go up like crazy. But I still think that it is not anytime soon and these are just rumors, it is not going to be of any help until something happens, this is just talking.

I hope that 7.3 billion could fix all their problems too, this way maybe they won't bankrupt and go back, surely they won't find any customers, but they do have investments and they could make money from them and they could do a lot better in the long run if they keep making more profits.
945  Economy / Trading Discussion / Re: Do you still advised more buy and store? on: April 22, 2023, 05:24:10 PM
I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
many investors specially a small time investors is always thinking about it or about what they are going to do with a small capital and the responsibilities for the needs of the family, all i can say is that choice to buy you're family needs before investing in crypto, because crypto is risky and not all of the investors earn sometimes they will also loss but it doesn't really matter if they loss because they are rich they have many money, but for us who are small investors it is a big loss.
I agree, having your family in a good shape and living a better life is the most important thing in a mans life, well probably woman too but I wouldn't know. So, it is important that if they live a good life then you did your job well.

However, if you push them for just a bit worse life for 5-10 years, so they can have an amazing 50+ years, that is not a bad decision neither. If they live a terrible life then I agree do not put them in that position, no need to have a terrible life, but instead of great they have a decent life, instead of amazing they get an ok life, that's fine, because in return they would have 50+ amazing years because you invested that difference into bitcoin and got rich from it. That is also your responsibility to make that decision.
946  Economy / Speculation / Re: Bitcoin Value till 2033? on: April 22, 2023, 04:39:03 PM
Anyways, I think people are just guided by hope and faith when it comes to bitcoin. Always staying positive for Bitcoin, even in the long run, is at least what we've got to do. Realistically, we can't tell the future, and already there are many attacks on bitcoin, even from the FED.

But I just believe that Bitcoin will continue to scale with the passage of time, and if by the next 10 years, Bitcoin would really be worth a great deal with a price above $150k (my speculation).

Currently, we are not yet in a bull market, so the price of bitcoin will continue to alternate, but I just believe that by the end of the year, we may be seeing $40k or $50k.
I think not being able to tell the future price and not being able to tell the future are different things. I can't tell you what the price will be in a year, or not even be able to say that for 10 years, but I can say that it will be higher than this. Being able to say that it will be higher than this is all I care about, and as long as I trust that then it means I can make a long term investment.

I think bitcoin will be higher than today in 5 years, and in 10 years it will be higher than what it is in 5 years as well. This means I do not know the price and what it will be in 2033, but I know that if I hold it, I will make a profit, and probably more profit than any other asset that I can buy, that's all I care about.
947  Economy / Speculation / Re: Good time to invest in BTC? on: April 22, 2023, 05:35:23 AM
I'm not an expert, I'm just an investor who's been in the market for a while and has also gone through a couple of bearish seasons and made a profit from investing in bitcoin. I don't know what bitcoin will be like in the coming days, it could go up or down, I don't know.
But I know one thing, if you continue to wait for lower prices, you will most likely regret it and buy bitcoin at a higher price than it is now. Why don't you use the DCA strategy to buy bitcoins rather than waiting blindly? Don't wait any longer, buy bitcoin now, if you compare it with the old ATH, now is still a good price to accumulate bitcoin.
Yeah true, I have been involved for 10 years as well and I can say that it is going to go up in the near future, not saying that it will be in a month or two, but in 2 years we will see a great increase that breaks over ATH for sure, that is something I believe in.

However, even if that is not true, waiting for it to go down will cause you to miss your chance to buy early and make a profit without a doubt, that should be considered as the reason why we all buy right now, people who buy at the current market and brought the price from 16k at the bottom to 31k today are the people who think that it will start to go up, and if you do not join them soon enough, they will continue to buy even more and then it will be even worse.
948  Economy / Trading Discussion / Re: Live it, face and enjoy. The future belongs to us in earnest. on: April 21, 2023, 12:54:55 PM
Any human with a goal must go through dificult stage to achieve the said goal.
Whatever it is that you go through during your goal achievement, you just have to enjoy the process. First sign of a successful goal is the tiredness and difficulties involved. Never quit when you feel tired, all you need is rest and continue knowing the end point will be profiting. Every hard works pays definitely but not immediately  all you need to so is to be consistent.
It doesn't always need to be difficult. As the saying says, work smart not hard. There are people who are naturally lazy and wants an easy route or a short cut but it only made their journey harder. That is because what they pick a wrong path. They believe on the scammers. They skip the learning part. As a result they lose.

This why going on the default hard path is still better as it can make you more knowledgeable and stronger. Other than consistency, patience is also a must so that one must not quit. Once we start to see a positive result, things are going to be easy after because we are now motivated to do our routine. This can also lessen the fatigue or tiredness that we are feeling.
I think work hard is still a good thing though, if you are not smart. I do not consider myself as a smart person, or at least I am not a genius when it comes to trading or even math. However, I am a hard working person, and I am willing to work 12+ hours a day, thanks to that even though I am not the smartest person I know, I am one of the people who earn most, well at least in my surroundings.

I know plenty of smarter people than me but they went the wrong way and didn't work hard, they just wanted the thing they want to do, so smart working is not easy for those people. I personally think that hard work beats talent every single day, as long as you are willing to put the grind on, you are not going to be beaten by many people.
949  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: April 21, 2023, 08:49:23 AM
The most important thing is that we have to know when to read the conditions when it's time to hold or sell it,
many traders use a diversification strategy and it is proven effective to minimize risk,
obviously, it all depends on the decision of each.
Condition, this is the first time I am hearing that because I have not seen any where that one can read the condition ns. A. Coin, or do you mean the white paper because that is the only document prepared when developing a coin and this is the only thing that serves as the road map to the coin development.

But there is any other such document such document that could be a warning and condition as to when to sell the coin or when to hold it will be a helpful document to read and I will love to read a couple of such documents.
I think it means reading the room type of thing. Like what condition it is in, you know? That means you check the market and you check the trends and you check what people are saying, that type of thing. Like a car could be in brand new condition, or it could be driven a million miles and be in terrible condition, same with crypto, we could be in great condition to go up, or we could be in terrible condition tired after such a bad bear year.

That is what I understood though, maybe I am wrong and maybe that is not what he said but if I understood it correctly then this is what I get from what he is saying and if I am right then I agree with him as well because market conditions matter a lot.
950  Economy / Economics / Re: Economic power on: April 20, 2023, 03:36:39 PM
I believe in economic power that describes an individual or group that is more advanced and better.
no need to look for examples that are far away, compare a child from a rich family and from a poor family, a child from a rich family gets access facilities, and a more advanced education,while the number of children from poor families is minimal, but that doesn't mean he can't become rich, it's just that their start is very different.
Well, that can probably be a good example of how economic power can actually strengthen an individual, a group, or a nation. A nation with economic power tends to get better and quicker development within the country, and a country that develops fast tends to rise higher in almost every aspect and the competition out there will start noticing them.

If we talk about an individual, someone with economic power is obviously superior to someone who has no such thing backing them at all. Just like you said, a rich person can easily climb the ladder of success way quicker than someone without riches.
The sad thing is that even in the most developed nations, there are parts that get a lot less attention. I believe that the world we live in is an unfair world and people who already have money has the key and people who are not rich will have to work all their life and maybe retire or maybe not retire. In the end we are not going to see that change anytime soon, any nation that tries to change it faces a lot of backlash.

For example, when you want to try to bring the gap down a bit, they call you a communist and they try to ban you from politics in some nations. When in fact the only aim is to make sure that people who do not have enough could all have enough if we just tax the rich a bit more, only people who are bothered with that should be people with billions, not people with nice houses, there is a big difference.
951  Economy / Trading Discussion / Re: how will it be? on: April 19, 2023, 05:06:29 AM
OP is planning long for his investment. even he plans for a new ATH or ATH to achieve in the future.
when you get the chance to buy, why not now? because he clearly knows how much ATH Bitcoin was in the previous bull season. and now there has been quite a decline. whether waiting is the right choice or not, but for me, when I have the opportunity to buy. never hesitate. it might be different if the plan is short term or trading.
You can buy it whenever you want as long as you have some spare cash. Even if I have a spare, I'll buy it with bitcoin because I don't want to miss the train like in the past because we were waiting for the dip but it turned out it was already the dip and just left us because we hadn't bought. Also, buying right now is a good preparation for next year's halving, so I am hoping for a positive year next year. I just need to work harder so that I can accumulate enough bitcoin.
People who keep worrying about when they should buy never made any sense to me at all. You should buy anytime you have the money to buy and that should be good enough, I know that it is not a great answer that some people are looking for, they want to buy at the "perfect" time and that makes sense if you know how to do that, if you are a great veteran trader and know when it will go down and when it will go up then you should be doing that but to be fair to everyone else we should also realize that it is not going to be that easy at all.

We are going to end up with something much better and bigger in the long run. Just realize that you may not be that type of person and just buy it whenever you can without worrying about the price.
952  Alternate cryptocurrencies / Altcoin Discussion / Re: Will the altcoin holders hang on until the bull run comes ? on: April 18, 2023, 06:42:54 PM
Many people are making huge profits by investing in Dogecoin and many people are falling into huge losses. Since you bought dogecoin at a very high price, hold now without selling and you have no other option. Keep waiting for Elon Musk to change the logo of Twitter and use the logo of Doge coin again or until the next bullrun.
I think it would be wiser to sell and get out, that would make a lot more sense. Too many people are looking at doge as something to make profit from when the hype happens but it is a risk to just wait for the hype. I think it is better to invest into something that will grow naturally and not this way.

This is a fake increase that is done by Elon musk and that is not something you should be hoping for or waiting for. Sell whatever you have even if you lost money, and buy something else with it. You may think that's a loss, but it is better to wait for a recovery in something else than waiting for it at doge. I know plenty of people are not entirely sure what they should be doing about doge, but that doesn't mean they should hold it.
953  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: April 18, 2023, 03:33:16 AM
Experts in trading know technical analysis, or at least they know how to read charts, and use indicators that will help them in their trading journey.
However, learning technical analysis alone isn't enough for you to success.

I'm not an expert in trading, but I tried crypto trading already, and what I will say is that it really is needed aside from the fact that you need to focus on the fundamental side as well because there are some news that can make the price of the coin go up significantly, and that would mean opportunity for you as a trader. On the other hand, TA isn't a must know because you can still use fundamentals to trade, and vice-versa.
It doesn't have to be just experts, I would say "people who are on the way to be an expert" could be also considered as well. I know that it is not going to be easy for any of us to be an expert overnight but we could simply just learn TA and that means we are on the way to become one.

Obviously it will take some time but when the time comes we are going to reach there and which is why we should be learning it, without ever learning TA then we can't ever be experts so we are not even on the way of being one. I rather be an expert, but if I can't be an expert then at least I would love to be on the way to become one instead of just doing nothing and staying idle about it. This is why learning TA is a big step forward to be a lot better at trading.
954  Economy / Speculation / Re: Bitcoin price guess, 2023 on: April 17, 2023, 04:11:46 PM
The charts are not friendly with Bitcoin today and we might see a drop in price that could end up with a big correction. Bitcoin is known for never stay in a zone too long after a huge jump in price and for a while , we are settling in 30k area without having a clear direction of where Bitcoin could head to. It tried once to go over 30k and it did and since then , it looks like 31k is a bit too much for Bitcoin to surpass.
Bitcoin can stay at some price range for long time. Have you forgotten the $7000 to $8000 price in 2019. That said, what about the $28000 of the recent time. Now it is like bitcoin do not want to go below $30000. Bitcoin price is volatile,  I agree, but it can also become less volatile sometimes.
I agree that it can stay at the same price for a long time but for that to happen it has to actually stay, not really grow but we have been growing for a while now since the year started. There are moments when it stayed, like when it failed to go above 25k for a while, and when it failed to go above 30k a while, and people are confused about today.

Because they do not know if it will stay similar for a long time like those 7-8k range period, or will it be a small waiting period like those 30k period? If it is like that, then it will go even higher soon, but if it is like the old times then it will stay here for a while. Both are not terrible to be fair, I feel like that should not be an issue for anyone to begin with. We can wait, as long as it goes up eventually that's fine.
955  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it risky to invest in new crypto coins/tokens on: April 17, 2023, 12:08:11 PM
The risk is very high compared to investing in old coins. it takes a long time to decide if a new coin is worth holding as an investment, I prefer to invest in older coins that have seen a journey and survive all market situations. New coins are difficult to distinguish between genuine and counterfeit, meaning that if you put money into it, it is very risky to lose. from that there are many other risks as well as from new and old coins all of that makes no difference
You are right, that is how you should be doing. I am not against putting just a tiny bit into small new stuff if you are willing to lose that much but that is a different approach. Almost all of your money should be in the old ones, bitcoin, ethereum, bnb, litecoin, those are some old and solid coins that you know will do fine.

It is not about some other coin making you more profit, it is about the fact that these would make you profit end of the story, the others are not certain on that. Maybe they will make you profit, maybe they will lose you a lot of money and even all of your money. Luna ranked pretty high for a while too but look at it now. So, even if it is not as high, at least the old ones are guaranteed income.
956  Economy / Economics / Re: Without government job we can survive on: April 17, 2023, 09:05:03 AM
in order to maintain order, a society needs someone who will impose that order. after reading the post, i have remembered a saying i once read which is, "there is a difference between a good leader and a kind leader". in this society what we need is a good leader since a community is composed of all sorts of people with different values and views in life. the government needs someone like a hungry vulture to help his fellow countrymen seek opportunities. so i don't believe that we can survive without government, and i also agree that it really depends on the ones running the government whether they will share the opportunities with their people or pocket them.
I would say kind leader would work too, we have leaders that are neither good nor kind, we have leaders who are incompetent and also evil, when you consider that kind one sounds like a good option. Maybe the kind one will not be a good president or a leader, maybe they will suck, but the current one we have for example in my nation is not kind and evil person but he also rules the nation terribly as well at the same time.

I rather have a kind bad leader than an evil bad leader at the helm. That way while the country is going down, which it already is, at least we would have someone who would be kind to us at the same time and should be fine about it. Obviously I would much prefer a good one but there are not even options of a good one for us lately.
957  Economy / Speculation / Re: MicroStrategy Buys Another 1,045 bitcoins for $29.3m on: April 17, 2023, 06:44:10 AM
I believe that Microstrategy is the only company that has proven its deep belief in Bitcoin. It can be said that most of those who claimed to believe in Bitcoin got rid of it at some point, while Microstrategy has withstood despite all the strong decline that occurred and the serious problems it faced.

So the company is currently in a very good position and I'm confident they are moving forward with a great team who believe in Bitcoin and really know what they're doing. The future belongs to such companies that are determined to succeed in spite of everything.
To be fair there are tens of thousand of companies that bought bitcoin in the world, so they are not the only one. But given the sheer amount of bitcoin they bought, I am pretty sure that even though I do not have a concrete proof of it, I am sure that they are the one with most bitcoins on their accounts.

If there is another company that has over 100k+ bitcoins and we are not aware of it (aside from exchanges who hold our coins for us) then it would be a shocking news, usually those type of things are heard even before it happens, and certainly discussed a lot after it happens. So microstrategy may not be the only one, but it is certainly the biggest and richest one that has ever done something like this so far, many to follow hopefully.
958  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: April 16, 2023, 04:52:31 PM
I really think Dortmund don't deserve the league title anymore after that poor defensive performance against Stuttgart. It was a very comfortable game for them after it became 2-0 already and the red card just eased things for them. But a really rare thing happened and Stuttgart got one point after a magical comeback. It is really hard to explain Dortmund's playing this weak against those goals.

Dortmund just continue to hand over the title to Bayern Munich despite finding new chances. It is so hard to get this team really.
Yeah, after watching this performance I also feel Borussia Dortmund don't deserve title in this season with this performance you are leading by 2 - 0 and team in relegation zone playing with 10 men give them shocking result mean things are not going as they need to be happened for the title race now they have to be settled for the second spot again and try again in next season if they will be able to keep their star player for another season otherwise things could be not favorable like this season.

Comparing both teams have same level matches left in this season but on match day we can expect any surprise which can bring big changes in league table is always on cards.
959  Economy / Trading Discussion / Re: Is Technical analysis a must know in crypto trading? on: April 16, 2023, 12:40:50 PM
...Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Of course, if you consider yourself a trader and do not have a crystal ball to predict the price, then technical analysis will be useful to you. But to trade and make a profit, it is not enough just to look at the chart, you need to understand what is happening in the market.
What is happening in the market could be seen from the TA as well, charts do share that, not just the past, but also tries to predict the future by looking at the past movements as well. That is literally what charts are all about, it looks at what happened, it searches for if that same thing happened before, if it finds any, it looks what happened after that, and then tell you "x happened, last time x happened, y happened, be ready for that" and that's what charts are all about.

I am not saying that it will be a good investment or anything like that, obviously we could have a bad result on this and could maybe face something bigger, but as long as this exists, I think reading charts and checking the indicators are a great way to trade.
960  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you love and enjoy taking risk? on: April 16, 2023, 05:12:16 AM
Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.

What future do we really hope for altcoins without Bitcoin?
That line of thinking may lead you to frustration in the long run, altcoin can't be trusted and at that, you shouldn't anticipate any coin to favour you.

What you need to survive in altcoin is the knowledge of the fact that altcoins are just gambles and that you should only gamble with the money you can afford to lose forever because an altcoin is not like Bitcoin there is the hope of recovery so at that altcoin investment are a pour gambling and the risk must be taken with that understanding.
I agree, if you only use the money you are willing to lose during the investment, then if you are wrong then nothing will happen to you but if you are right then you will make a profit. However, willing to risk your money in case you could lose it should be done with care, even at that point, like when you are willing to lose it, why invest into something that would not make any sense to anyone at all?

I would highly suggest that you should be able to invest into something that could profit you and this is why I believe that do not invest just because you are feeling like it would be ok to lose it, invest because you think that you will not lose it with that investment and you will be making a profit, be as certain as you possibly could be before you invest.
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