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941  Economy / Trading Discussion / Re: Why does everyone want to trade? on: November 22, 2022, 05:03:22 AM
When you win on a particular trade, there is also another person who lost on that trade. That is the cycle of trading: if you are losing, someone else is winning. Also, there are two kinds of losses: the first is when you lose and will mock and try it again without evaluating. The second one is accepting the loss, checking why that trade was a loss, and trying not to commit the mistake again. That is the life of trading; you'll need to learn a lot and analyze all the movements so your winning percentage per trade is higher.
I think it could be sort of avoided at some times, which would be very rare but it could possibly happen until a point. Like lets say you buy at 10, sell at 15 so you made a profit, someone bought from you at 15 and sold it at 20 then they made a profit and the person who bought from them at 20 sold at 30 and they made a profit too.

As you can see in this cycle it's actually a linear increase and not a cycle and everyone made profit, some made more than others, some missed out on even bigger profits but they all made some profits. That is why I think there is a possibility of making a profit for everyone who traded at some point, but those markets are very rare, the peak times of bull run.
942  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not believe every crypto news you read online on: November 19, 2022, 05:23:42 AM
We need to remember that news websites are no longer what they used to be, in the past a news website only cared about informing the public about the events around the world, but now things have changed and they care way more about influencing the behavior of anyone that is willing to listen to them.

So you cannot really trust whatever you read on those sites anymore as they are trying to manipulate you to act a certain way, and as you may guess the movements they want you to make are favorable to them and most likely they will be very damaging to anyone that actually listens to them.
They have always cared about getting clicks, that’s the main thing that they want. As long as they write something that will get a lot of people to click on their website, they will write about anything.

However, you are right about the fact that people are looking for things to listen to, and these days those news websites are not doing the right thing and just writing BS stories and suggestions and so forth that will end up making them hurt a lot. I would highly suggest that the best thing to do right now would be focusing on how you could avoid all those horrible websites, and actually find facts, because facts can't be changed, and it can't be tempered with.
943  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: November 18, 2022, 08:43:02 PM
Currently, both teams are level in quality and performance and what will be situation after three months we can predict because during this time injuries or any other problem can give them shock which could vital for them as we have last few matches Chelsea is having no win in last five Premier League games and Borussia Dortmund is also now going down in Bundesliga which is concern for them.

Few are feeling Chelsea is stronger, but their form is surely not as they are strong with many top ranked players are available, but sadly they are not able to have better strategy which give them positive results.

Dortmund after selling Haaland also having not good attacker and injuries and illness is also creating problems, so they need to work quickly before it's too late for them in this season.
Chelsea is the type of tournament team that could shock the world, that’s what they have going for them, plus they have spent 200+ million dollars on transfers which means they have built a great roster (supposedly) and they are just not playing as well as their roster shows.

It means after so many times from here until the game starts, if Chelsea could end up showing the real power of that roster, they could actually play very well and they could beat them very easily. But of course, all of this depends on how well they will be until that day, just like you said chemistry issues, fatigue, problems in the team, injuries and many other things could change the result.
944  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH Sentiment Poll for November on: November 18, 2022, 06:14:52 PM
or maybe if not bear at least we will stay at this level or if there will be an increase at least breaking that 20k back again? i have been worry for what would be the bottom here ,  some says we will see 10k? but i am not affected at all .
$20k is always possible because btc have been on that place, not just once or twice but a lot of times already. What is only hard for now is the actual bull run. Maybe $10k for the bottom is also possible because most predictions that I saw are $13k and $11k but yeah we shouldn't be affected by that. A drop in the price is not a disadvantage but it was an advantage.

As for the eth part. I think you miss understood what he said there. He didn't mean to sell but what he actually mean is to relax for a while in the outside world. Why will he sell now when the market is still in bearish mode? There is no benefits of doing that, just pure losses.
945  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 18, 2022, 04:58:51 PM
I really hate it when they bring in something and make it about religion. There is no need to do that at all. Now I know that there are a lot of controversies going on with the ICC and the way they handle things. A lot of people do say that India is always being favored by the ICC. But the thing is people are not going to respect your team. If you do not respect it yourself. And respect will always come when you start playing well.

As you said, Virat Kohli was out of form for quite a while. But I don’t think that former cricketers or even the media of India said anything bad about Virat Kohli. They supported their flair when he needed them the most.
Here we have to understand few things specially culture of subcontinent where religion is key factor for last few decades because of political influence so if someone doing things like this even never been good or liked but still happening because they have no other positive way to give their personal thoughts.

So, they include things like these which create more mess up even many crimes are going happen just in these religion circumstances but no one can do anything positive for change as education and personal sentiments are having big impact on this all and remember one thing creating of Pakistan is also just based on religion so this all is part of the life and nothing can change in near future.
946  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 18, 2022, 01:26:22 PM
There is no special player in the Chelsea team that deserves to be begged to extend his contract with the club,  every other person in that club is replaceable from the goalkeeper's to the Strikers.
So there is no big deal anyone that doesn't want to renew should be let go and better players will come to replace them. I don't know why Mount should be begged to sign a 7 years contract , why he is demanding for salary increase and more so he is indirectly opting to leave because since the ownership of Chelsea changed some of the players has lost confidence in the club while some does not believe the ability of Graham Potter to lead the club
I agree with this because Chelsea is not really doing specially well, not because the players are bad. Even if we are talking about good players, the end result is not too well right now which means it is not working well for them and anyone could be expendable at this moment until they are better.

The players on a greatly successful team would have the upper hand to request for more salary, because they brought a cup to the team or something, but when they are nowhere near where they should be, then it doesn't matter how good or bad they are, the players won't get the salary  demands they are asking for, since the team doesn't want to keep them.
947  Economy / Speculation / Re: Crypto dump is just getting started? on: November 17, 2022, 08:43:21 PM
Why do you think it's too early in the bull run? I too think a real bull run will happen in a few years and that this is a nightmare time for cryptocurrency. But since you and I have similar thoughts, as do many on this forum, then we are more likely to be wrong. The market is more often than not irrational and moves in the opposite direction from the crowd's expectations. It could be that all the fud associated with FTX will disappear and then good times will happen.
I feel like a good few years before we could go up a lot is because people usually rather see it move like that after the halving, and that’s usually the case for when the price goes up. If there is ever halving in crypto, if we look at the history you will see that it’s not that rare to see it go up after a year, it usually skyrockets and that’s really a common thing.

So, people are saying that if we are going to have a bull run like that in 2024-25 or so, then it would be weird if we see it right now as well. I mean a break out increase in price in 2023, and then 2024 and 2025? That is unlikely, which means that either it won't be after halving, or it will be, and many think it will be.
948  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not believe every crypto news you read online on: November 17, 2022, 03:10:50 PM
When you see a crypto news saying that investors are leaving shiba inu and polygon or avalanche for a new project do not always believe, this is a new way to attract the public investors that have no time to do their own research first.
As someone who used to work as a clickbait article writer about 12 years ago, I can tell you that most of the articles you read online are either fake, or lies or at the very least 10x exaggerated so that it would be read.

Nobody reads an article called "a man walks down the road", that’s just not worthy but "you won't believe who takes an interesting path!" about an ordinary man walking an ordinary road would be a good article name, would make some click on it, and then you would see it’s not even a news. So that’s how the media works, that’s how they make money, I quit that job after college, I just did it because I needed it money, this was even before I knew crypto existed, it was 12-13 years ago.
949  Bitcoin / Bitcoin Discussion / Re: Not your key not your coins is real, not just quoted. (FTX Issue) on: November 17, 2022, 05:46:31 AM
We all know this story is not new about the exchanges and the other similar companies where get your bitcoins and other assets and they guarantee you the security of your assets while the shiny promise seems good and tempting for most people there is also a chance for the people to lose all their bitcoins on their platforms even if the claim to be a trustworthy and well-known company. The place to hold your bitcoins is also inside your private bitcoin wallet where you can have access to your private key and recovery seeds.
It’s definitely an old story, I remember the very first one I witnessed was in 2014 and there was also mt.gox which was already a problem back in those days, and even earlier.

There is no way there is a good thing coming out of this exchanges getting hacked deal, and it’s too common which means that there isn't really a big problem at all if you could avoid it by putting your money somewhere safer. Exchanges have too much money, and I mean way too much, billions, which means that you should be protecting your money by just depositing and then trading and then withdrawing right away which would be the way to trade otherwise there would be a lot of trouble.
950  Economy / Speculation / Re: Markets pumped quick after CZ said this, but don't FOMO yet! on: November 16, 2022, 04:17:07 PM
I'm a bit surprised, at first there was a lot of talk about Binance and CZ's role in the FTX exchange crisis, CZ's backtracking on the FTX deal was a merciful shot at FTX's death, now these statements by CZ come as a surprise to me, I hope His intentions are really good because there is some talk about CZ's dream of becoming an unrivaled Crypto Emperor.
November is the month of violent turmoil so hopefully things will end well and stability and prosperity will return to the crypto market.
I mean it’s clear that he was asked to save FTX and he just didn't want to, it wasn't a profitable deal so he backed out, which is understandable and ok. Why would he try to somehow get all of that trouble onto his plate? Makes no sense to me, he shouldn't even have looked into a possibility of it but I guess he just wanted to make sure it was as bad as it looked and turns out it was and he just didn't want to risk anything.

I assume that CZ is not responsible party for what happened, he is just not the hero that saved it, but at the first place the reason why they needed saving wasn't him and it was the CEO and he is the responsible one for all of this.
951  Economy / Speculation / Re: Expectation Rock Bottom Level Bitcoin on: November 16, 2022, 02:48:42 PM
It's possible to stay at this mark if it can survive the wave that is happening due to the FTX dump. If investors will decide to buy back their Bitcoin in a different exchange then we might even see it going back to 19-20k and it will stay there. Because for me, that is our bottom but recent event changed that.
Have you ever thought of what if the FTX bankruptcy didn't happen at all? We can definitely be stagnant at 19k and all it takes is another good news to be in demand again.
I do agree that people who are acting quick to buy from these levels could definitely make a huge profit from it. Not that easy and wouldn't be really that amazing to do, but definitely going to help them in the short term for sure.

We are definitely going to 20k levels and that means we are going to end up with a good profit when the time comes. That’s not going to be an easy task, it’s going to end up with a bit of a problem in the long run if you wait too long and miss that chance. I would suggest everyone to get bitcoin right here at this price so that they could make a good profit. Anyone who thinks it will go down even more and wait could end up with a big chance missed.
952  Economy / Exchanges / Re: What is now the difference with Ponzi platforms with cryptocurrency exchanges on: November 16, 2022, 09:11:10 AM
Ponzi is where you deposit 1 and get 2 in short time, few tokens also offer staking that similar like ponzi where the return is to good to be true. Centralized exchanges isn't a ponzi if you only use the exchange feature and you wouldn't lose your coins since in staking you need to leave your coins on the exchange.

Btw DEX is also not secure, remember there's this rug pull thing...
I believe you're refer to Uniswap, Pancakeswap etc that's not a DEX, but they're just a swap platform. A real DEX doesn't hold your coins, similar like Bisq and it's really high security since the exchange never got hacked and the developer purpose is not to make money.
This is the thing that bugs me the most about the crypto world. They do not even know what a ponzi is and they still like to talk about what type of scam something could be. Centralized exchanges are just like banks, they take people’s money and let them do whatever they want with it, while still keeping the ownership. You want to trade with it? Sure go ahead, you want to stake it, sure go ahead, you want to loan it out? Sure, just do that.

But all the time the money stays in the exchange, same as banks. The difference is that when banks collapse, government bails them out, but when an exchange collapses, there is nobody to bail them out and they just bankrupt right away.
953  Alternate cryptocurrencies / Altcoin Discussion / Re: CZ proposes an Industry recovery fund. on: November 15, 2022, 09:19:50 PM
It's my view that CZ is taking important initiatives to ensure the industry doesn't collapse. I hope this will help restore confidence in the community, and help make people realize that this is a dynamic industry, not a fly-by-night "money grab" scheme.

I also like how he emphasizes Public accountability and this initiative will most likely stop the bleeding in the crypto market and set a safe foundation for even better growth.
He is taking careful steps but he is also getting into something he shouldn't have. If he tries to be the saviour and try to build something like this, then people will ask for his help whenever there is a scammer, and when he doesn't help, he will see as a terrible person.

Let’s assume he decided to actually build a fund, and he put a good chunk of his own money, and some from binance, and then coinbase did and then many other places, even casinos did and there is this giant 1 billion dollar fund. That’s not enough to cover everything but they hired the best lawyers as well, so basically it’s all taken care of. Then an exchange says they were hacked and bankrupts and Binance doesn't help, don't you think CZ will be hated? He would be and that’s why he shouldn't do this.
954  Bitcoin / Bitcoin Discussion / Re: thank god for bringing btc back in 2018. on: November 15, 2022, 07:12:02 PM
Actually with the recent event where FTX is bankrupt and the other exchange also got an impact if they hold FTT token, it doesn't effect Bitcoin price at all since it's about the exchange, not Bitcoin. But there's many stupid people who think Bitcoin isn't safe and then sold it blatantly, this make a short dump due to panic. Sooner Bitcoin would recover from this short dump.
There is always people like that and things like exchange bankruptcy is always a thing to take care about. It creates massive panic and people will follow the panic track to make it even worse. We don't know if Bitcoin price will slowly crashing despite this exchange's problem but it does create a huge news this month and it may affect something in the future.
I do not think that bitcoin price will crash, neither slowly nor with pace, it is not going to crash. The reason why I think like this is the fact that people have seen what happened with FTX and they reacted to it already and it's done, there is no more reaction to give. The drops happen during the news cycle period and after that there is no reason to keep on selling as a whole community.

We were at around 21k for a while, short period like maybe few hours and then we crashed under 17k and that’s it, that was the reaction. There is no reason for it to be like 14k or lower or something like that because we already showed all that we wanted to show as a reaction.
955  Economy / Exchanges / Re: FTX has been hacked, delete the app, don't go to website on: November 15, 2022, 03:25:53 PM
These incidents have become really disgusting, we are moving towards centralization little by little because we moved towards third-party services and lost decentralization and the goal of inventing Bitcoin (creating a peer-to-peer payment method without a third party), our money will not be safe anymore because it is not in our hands, our money in The truth is in the hands of a third party who can simply delete, block or freeze our balance.
This is another big lesson that should make us not trust any third party services and hold Bitcoin in our secure wallets whose keys we own, because it has been proven that there is no secure central exchange and not even a secure coin except Bitcoin.
Centralization is not about the price, or even the control of the coins neither, it’s about control over the blockchain. It means that we shouldn't be really considering this as a threat since that won't happen. Sure there could be some situations where we let our coins be controlled by these exchanges, or we let the price be moving up or down based on what Elon says etc etc.

But at the end of the day, blockchain itself is decentralized and that’s all that matters for the safety, security and the future of bitcoin. This is why I believe that there are not that many people going against the idea of decentralization and if all understands the true decentralization, they wouldn't worry about FTX situation.
956  Economy / Trading Discussion / Re: WHAT DID YOU STUDY? WHAT DID YOU LEARN? on: November 15, 2022, 06:23:51 AM
In my case I have read more than 10 books that have to do with trading, for me it is something that represents many things, and it is something that I like a lot, trading for me is an option that I have to apply everything that I have learned and also to apply what is happening in the world, but for now all this is new to me, world events have left me speechless and I really don't know how to operate, Bitconi is very volatile and I think it is It is very dangerous to make a commercial decision for now, the safest thing is to buy Bitcoin and wait for the necessary time, I see it much more attractive to operate in forezxx for the sole reason that operating there the volume is consolidated and less volatile.
It certainly does apply, but the unexpected parts are more wild here, that could be the only difference. Normally if you check how much the s/p 500 moves and how bitcoin moves, the directions are not that different, there are times when it is, but most of the time it's not.

At the same time, when we are talking about something much bigger, something like markets go up 10% then you can see bitcoin go up 30% during the same time, or the markets drop 10% and bitcoin drops 30%, this valid when you compare bitcoin with stock markets, when you go to alts there is equal difference between alts and bitcoin too, so volatility difference between alts and stock market is even bigger.
957  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: November 14, 2022, 05:21:22 PM
I think you are making a big mistake if you think that Bitcointalk users opinion doesn't matter. Unlike other platforms, there is almost no censorship here, what it is written stays for long and is easily retrieved by Google, moreover the biggest people of the crypto industry have an account here.
Twitch seems to have been a powerful tool for promoting casinos but now it has ended and casinos need to find other ways to attract new customers. I don't know precisely what is the average loyalty lifetime of a customer at an online casino, but I guess it's very short, hardly more than a whole year on average IMO.
According to this article, only 20% of customers make more than 5 deposits, and only 50% make a second deposit. So it would be a big mistake in the long run for a crypto casino to disregard the central place of the crypto universe IMO.
It is obvious that bitcointalk matters which is why they are caring, I am only saying that if they didn't care at all, they are so huge right now that it wouldn't really cause any harm to them at all. But that is not important right now and you are right, that’s not the path they are taking anyhow.

However, Stunna came in here, explained the whole situation, it was only raw data, and even though that’s bad too, it wasn’t any money at all and people claiming things like "10 million was stolen!!!" without any proof are the type of reason why people may end up stop caring about bitcointalk and the "freedom of speech" here, because many mistake freedom of speech with freedom to lie freely, and that’s not what it means.
958  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: November 14, 2022, 02:36:32 PM
Ronaldo have open up how he feels about Manchester United.
He said he feels betrayed by Manchester United,  Manchester United tried to force him out, not only the manager, but other guys who are around the club.  He feels that some people didn't want him at Manchester United,  not only this year but last season too. He says he doesn't have respect for ten Hag because  the coach doesn't respect his too.
That's why he wants to go out from MU, my prediction was true if he was not feeling comfort again in MU. there's no reason for him to stay at the toxic team where so many parties being colluted to create a bad atmosphere to force him going out from MU. Leaving from MU must become the best decision by him. that's why ten haag didn't wanna try to disclose about the truth.
He keeps lying for the fans caused by we do know that there are so many MU fans who feeling respect with him. There might be a thing that triggered him to feel disrespect with ten haag and it seems like ten haag itself was the main reason
These type of talks are basically the guaranteed signature to leave, and nothing more. When you talk about your manager this way, that means you are willing to leave for any team, but the problem is that Ronaldo still asks for a lot of money and that means he cannot just leave, there needs to be a team willing to give him the salary he demands and not many teams could afford to do that.

I believe that it would be very difficult for any team to aford Ronaldo and that is going to be the reason why he stays in United. That is not an easy decision to make, but that is the reality and Ronaldo needs to realize that and accept a big cut, like 50% less salary to leave.
959  Economy / Gambling discussion / Re: 2023 NBA Season on: November 14, 2022, 11:15:38 AM
The Brooklyn Nets play is just too obvious. Just don't let Durant get the ball and all is well.  Grin
The Lakers won thanks to that lack of ball rotation from them. Plus, AD is superb today as he leads the team with 37 points and 18 rebounds.
This is the Lakers that I want to see, transition plays, everyone touching the ball to get their rhythm, and letting everyone contribute on both ends of the floor.
They did a great job even without Lebron, I hope this continues.
That’s the thing about good players and bad players, if you keep the good players at a low level then they are not as good as you might think. For nearly a decade Lebron was the best player in this team and during his Cav years (both) he was nearly the only player that was good, so what happened afterwards? Was it like "just stop Lebron and you will win"? Dude went to finals for like 10 years in a row, people couldn't just stop Lebron.

Same goes for Curry now, by logic just stop Curry and then you beat Warriors, but do people really stop curry? No, they don't. Which means Durant is good and all, but if they can stop him, then he is not "that" good anymore.
960  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: November 14, 2022, 09:54:03 AM
~snip~
Not only Modric, but there are many other players who are likely to retire from their national team after the 2022 world cup. Ronaldo, Messi and many other top players seem the most likely candidates to retire after this.

Rakitic and Modric are two good midfielders for Croatia, they are great players with almost the same quality. I'm not really sure about Croatia in this world cup, that's because there are other countries that are really good to be favourites, like Brazil, France, Argentina or maybe England too. I chose Brazil as the favourite, they are looking very strong for the 2022 world cup.
Yeah, this is probably one of the world cups that will have the most retirements ever. I can't remember any other with more.

It will be an historic moment, and it will allow new stars to be formed. I'll keep an eye on the newer players as well as they're also going to try their best to put their names in the world stage. This is their opportunity.
Normally every year does have a lot of retirements, but this one will be a bit different because we are going to see Ronaldo and Messi not being available for the next one, and that makes people look at all the other names as well.

If you check all the previous world cups, there were a lot of retirements but not names as big as this before, there are no names as big as Ronaldo and Messi, those are the two greatest players ever in history of football and they are retiring on the same world cup, well at least from world cups. That is why we are taking a closer look to all the other names as well. This is why, it’s going to be difficult to watch them, and if they lose which they probably will, it will feel even worse.
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