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941  Economy / Economics / Re: Going to war means let's ulter the economic progression on: April 07, 2023, 05:51:36 PM
Wat can do many things. It can reduce the worlds population and with it goes our hope to greatest humanity and talents. If you study literature from world war then you will see how war did both things: gave rise to inventions and at the same time saw humanities ugliest destruction faces. Definitely today war is something else. It can destroy the whole supply chain, it can alter the course of technological advancement and stop the economy completely. Forget about inflation, we won’t be having any value to dollar as well if third world war happens. It would be fought for bread and wine.
942  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 06, 2023, 06:32:52 PM
I am pretty sure this is not the right way to go with it. If you are going to work when you are with your family then how you are supposed to enjoy the family time man. There is old saying about it, keep the personal space and work space different. If you are going to mix up both of them then you are done. You can’t focus properly on the work and you can’t give right time to your family. Plus, if you are going to do this with trading then make sure you are ready for the worst loses. As far as I know or experienced, trading will need perfect focus, greater amount of time goes into studying the chart patterns, understanding the market situation and follow news along the way. If you think you can take it all during leisure time then that’s unique.
943  Bitcoin / Bitcoin Discussion / Re: Jamie Dimon CEO of Chase Bank on Banking Crisis on: April 06, 2023, 05:41:43 PM
Banks getting in trouble or we getting into doomed economy does not mean bitcoin is going to take over the world. This is completely insane thought which every crypto investor is carrying with them over the time. It does not work that way. In fact our traditional economy does not work that way. We had economic crisis many times and it doesn’t mean we accepted copper or oil or gold during that period. We became powerful again by doing proper salvation of things that helped grow it back. In similar ways, bitcoin is just bitcoin and it will remain as it is for years to come.
944  Economy / Economics / Re: [Summary]Things to be considered for a possible market crash on: April 06, 2023, 04:58:05 PM
Well we came out pretty nice in 90’s and early 20’s so I don’t think we have to worry about current situation. The primary reason was covid and completely halted supply chain in the process. The war broke out and it worsen the situation even further. However, if dollar is getting affected then so as to Yuan and other currencies in the world. If dollar is losing value then it’s gonna ultimately affect the economy in all 360 degrees no matter what. I’m pretty much sure that US Fed will start printing more money sooner or letter. They will impose some weird sanctions and control the economic outburst again. They have already started the process from halting the immigration. The US Visa site is always down. Everything is planned.
945  Economy / Trading Discussion / Re: Trading addiction, are you coping? on: April 05, 2023, 06:32:01 PM
I think that some of us at some point have been through this trading addiction, but it passes quickly when the addiction turns into losses, because obviously we don't like to lose money, and here in trading there can be no addiction if it is loses money, because it is something that does not make sense, if we see it from the point of view that it is earned and earned, it is not so bad, it is something that can be given, and it is even something pleasant to do, but if the person loses and loses I don't see the taste, trading is not like gambling and I think many people confuse it, gambling is all luck, it is random, in trading it focuses more on knowing.


It doesn’t passes quickly for everyone. Many peeps are not getting over it in long run. They simply end up in huge loses because they keep trying to recover the previous loss and once they do their greed Never stops. They will again jump all in and try to make their way towards profit. I completely understand that one should keep trying hard but when it comes to trading, there is way to do it. There are skills to adopt and learn to tackle the repeating losses. You have to have proper knowledge regarding trading. Whether it is TA or simple FA, you can’t just predict the trade out of blue without them. Look at the rehab story, it clearly mentions at what gravity things can escalate in trading world. That’s why #hodl.
946  Other / Off-topic / Re: Prepare for the life when you get old on: April 05, 2023, 06:07:40 PM
I’m not sure how he made his living travelling around the world but that was main concern here. It’s not costly considering you have to travel everywhere and have higher expenses in the local currency where work is been done. I’m not saying it was bad way to do it but worlds changing very fast and you can always acquire any sort of skills you want over the internet and educate yourself for better job. Age is never a barrier when it comes to doing new things if you want to come out of bad situation. They still have time if they are near fifty or something. Various courses can be joined, and they can work out for stable job in their own country and focus on family as well.
947  Bitcoin / Bitcoin Discussion / Re: Ultimate (simple) guide on when to buy Bitcoin. on: April 05, 2023, 05:14:59 PM
I am also fed up after reading the FED related thing. There is seriously no connection between the FED interest rates and bitcoin prices. How come they are related anyways in any sense. There was only few instances when we have seen some ups and downs in the bitcoin prices when FED changed the interest rates. However it was soon proven that the change in price observed because of peeps finding it easier to invest in bitcoin rather than keeping money in the banks for shitty interest rates.

For me, simple formula to invest is, just keep buying bitcoin at various entry points and make it DCA investment. With the time you will find yourself in a spot where your buy price is lowest of all and your profits are at peak level. :-)
948  Economy / Services / Re: Roobet.com | Art Contest "Snoop Dogg x Roobet" | 5 Categories - $7500 in prizes! on: April 05, 2023, 05:14:35 AM
Entry #2
Artwork: Micro SNOOP DOGG & Mr. ROO Classic Collab - PENCIL CARVING
Category: Craft


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Work in Progress - https://ibb.co/album/2WMHrh

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Roobet Username - so98nn
Bitcoin Address: 3AY3W2kBc3iYtasTN6Z2n3b2MPyGBZZHrz


949  Economy / Services / Re: Roobet.com | Art Contest "Snoop Dogg x Roobet" | 5 Categories - $7500 in prizes! on: April 04, 2023, 11:58:13 PM
Entry #1
Artwork: The awaited Snoop Dogg x Roobet Reveal
Category: Hand Drawing (With Pencil)




[WORK IN PROGRESS]
https://i.ibb.co/gTcsDyc/711829-AF-2-F1-B-4-D46-91-DD-C78963-FEEA98.jpg
https://i.ibb.co/dP40GDj/DA70-AE76-20-FE-4915-A2-C1-4-C6-E28-FD706-A.jpg
https://i.ibb.co/4462BVj/1-EEDEA2-A-FEB4-4-B80-9246-F39963541-DF1.jpg

Roobet Username: so98nn
Bitcoin Address: 3AY3W2kBc3iYtasTN6Z2n3b2MPyGBZZHrz
950  Economy / Economics / Re: Binance - a new problem on the horizon? on: April 02, 2023, 07:18:42 PM
It could be a problem if Binance do not follow the guidelines of security and exchanges. They seem to be evading the taxes and also having brittle securities in the accounting sheet. Since for any exchanger it’s important they follow the plotted SEC & CFTC guidelines, Binance was found guilty on that part but there is a catch. They could get released from the given appeal if they are warned about it and CEO does pay off the taxes as per the terms. I believe state jury Rearden will allow such exemption considering it could cause catastrophic loss to the market and investors around US. If that sentiment got accepted then Binance is done for good otherwise we will follow another shockwave of bitcoin fall after FTX.
951  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin cannot be a Bank? on: April 02, 2023, 04:20:12 PM
Volatility is the main reason why it can't be bank

Volatility is the main reason bitcoin is bitcoin and that’s how it should be all the time. Anyways, if we see the math Satoshi planned, the volatility will go down as time passes, more bitcoin is mined, and as we reach to lower ends of whole mining thing, demand would be at its peak. Imagine we only have few million peeps using bitcoin. We have limited supply of bitcoin. With the time we will have ultimate demand of bitcoin thus volatile ratio will also go down steeply. This supposed to raise the prices for bitcoin. However, consider any math, we are not going get bitcoin as part of banking system nor it should be!!
952  Economy / Trading Discussion / Re: Do You Feel Inadequate or Inspired After Watching These Types of Traders Content on: April 02, 2023, 02:19:20 PM
Do you know what does those statements or titles really mean? They just mean that whoever is publishing those videos is having amazing marketing and SEO team. They are putting perfect titles so that peeps can get attracted to their videos. They will always have money related thumbnail, they will show you big cars, lavish life and whatsoever. However, that’s definitely a marketing strategy so that they can get views from organic traffic, earn huge revenue from the advertising. They are actually earning their millions from this YouTube videos and not from the trading. Lolz. Be aware of such content mate because what you see on the internet is not always true. There are rare channels with true content.
953  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: What makes Binance stay strong despite all FUD ? on: April 02, 2023, 12:52:57 PM
The Binance.US is not the majorly operated network. I mean it’s domain that’s limited to US nation and not the entire world. The Binance.com is still doing great and who knows there are internal transfers to another domain due to the fear that US domain may get closed and all the peeps might lose their funds kept there. That’s virtual assumption one. However, moving further one can think about the situation in entirely different way giving it a name of negative marketing. Binance is one of the powerful exchanger, it may happen peeps are just supporting it even more and don’t want to lose its presence from around the world.
954  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: April 01, 2023, 06:27:37 PM
That’s really some crazy AI generated image man. I’m also seeing these hundreds of Reels everyday where these ads will pop up about how GPT is creating my amazing image out of imagination and bla bla. Literally you can’t tell the difference mate and that’s not it. There are now AI who are able to generate voices and videos as well. I saw one where trump was giving some speech. Imagine someday they hack into national television, broadcast a video where they show president giving some crazy instructions and creating worst nightmare in the market around us.

This is definitely not good. What they are showing is some crazy unimaginable virtual reality, which isn’t really real. This has to stop for sure. 
955  Economy / Trading Discussion / Re: Is it best to have a personal trading strategy? on: April 01, 2023, 01:47:23 PM
Oh yes obviously one should always have personal trading strategy because just copying someone else does not work always. I don’t know if you know this but there was time couple of years ago when “copy trading” was launched by forex and eToro in the Share market. Literally those guys went way ahead of the time and tried to manipulate the market with this strategy. It never worked for anyone who was involved in it because most of them were bots who were telling everyone in what they should be investing. It was more or less pumping specific asset collectively thus making it go up.

Anyways, this is why one should always keep the methodology to themselves. Learn the trading pattern all the time and learn the facts about market. Plot strategy based on TA and FA, otherwise there is no meaning to trading as such.
956  Bitcoin / Bitcoin Discussion / Re: Reasons why I might consider selling my Bitcoin. on: April 01, 2023, 01:14:17 PM
Yes these are few of my own choices and timings when I would go sell everything that I have in bitcoin wallet. However, I do have contingency plans for those situation where I’m already holding enough savings, health insurances, hood CIBIL score which is making sure that I’m getting good amount of loans whenever I need and also repaying if I’m taking any. This is securing my real world presence and that’s what I need so that I won’t be selling my bitcoins for long period of time to come. In all of them health is always priority followed by any family emergency.
957  Other / Meta / Re: New CAPTCHA now required before posting on: April 01, 2023, 10:19:46 AM
Haha, April fools everyone. This was really good one considering all past April fools. Otherwise I remember we consistently had only changes to the profile ranks, text were added and shrines were updated that’s all. I don’t know if such captcha and games were added previously or not but this made me laugh for sure.

I think the game should not be removed at all. I’m liking it so much and spent more than 10 minutes to play it before posting. Just for fun.  Grin
958  Bitcoin / Bitcoin Discussion / Re: [NEWS] Elizabeth Warren says she’s building an anti-crypto army in new campaign on: March 31, 2023, 09:15:47 PM
Ah well are we forgetting that she can’t control public ledger by all herself? Do not be afraid since we are talking about virtual currencies which has the purpose of solving bypass procedure of fiat or traditional system. It’s simple, the whole blockchain was invented so that no single person or an entity would be able to control it rather the power is distributed through every person who joins the network. This means whether this lady create anti crypto squad or not, there is simply no possible way to control it anyways. That’s really funny though.
959  Economy / Economics / Re: New currency from BRICS countries on: March 31, 2023, 07:26:24 PM
Couple of hours ago there is in news on Twitter saying BRICS countries (Brazil, Russia, India, China, South Africa) are developing a new currency. It was mentioned by State Duma Deputy Chairmen btw.

As I can see all these things to manipulate BTC right? What are your thoughts about this?

It could be dollar reason or it could be really just using blockchain technology and its power. In any case they are definitely going against the bitcoin considering it will create an unwanted hype amongst the users and investors of same. Anyways that would be far more centralised and thus it will have it own pros and cons and our bitcoin would prosper the way it did throughout 10-12 years. It may happen that the BRICS project would turn out to be failure in long run since bitcoin is bitcoin and it’s user base has different niche with it.
960  Bitcoin / Bitcoin Discussion / Re: effect of bitcoin on institutions and global economy on: March 31, 2023, 06:43:18 PM
It depends on how global adoption happens. What I mean is, whether adoption is through the Government or whether it is just through distributed public ledger around the world without any governing body. The later I really mean a bitcoin which Satoshi imagined.

If it is through government then we are done. They will already start exploiting it for political purposes and not for the sake of public easiness. On the other hand if it is without any governing body then we will set government on fire and can just earn, spend and repeat as much as we want. Thought it’s just theory but global adoption is still far from happening. We not even close to billion users.
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