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961  Economy / Speculation / Re: I cannot stop buying on: June 10, 2021, 03:19:32 PM
Summers are always bad for crypto, I am assuming people are taking out their profits and having fun with it during the summer, let's face it I do not care if your favorite season is winter or whatever but the reality is that people are outside a lot more often during summer and inside a lot more during winter, if the weather is nice and there is sun outside it is a great reason to be outside. Which means people spend more money during summer and less money during winter. That means if people want to cash out something what do you think will be the first one? It will be bitcoin and they just cash out their great profits they made this year and spending that for vacations and so forth to have fun.

I have one vacation (hopefully" this year as well, I saved up some money but unfortunately because of pandemic the prices are sky high so I will instead go to my parents summer house instead, it is still vacation type deal because sea is close so I can swim, but basically I am just at home with my wife instead of a hotel.
962  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Layer 2 is on FIRE! Why I'm Moving Most of My Capital There on: June 10, 2021, 12:11:34 PM
Uuhmm some people have said that the layer 2 is still going to be history after sometime, just like it has killed off DeFi, there might another one in future that can come take its place again.

Well, that’s one thing about life, there are always going to be new changes and everybody has to be ready for it.

This layer 2, to me, seems to be pretty good and I am not yet sure of the possibility of it being killed off by another new project, but that doesn’t mean it’s not possible. As usual, everyone should expect the new changes and if you see a new opportunity , try to take it when you have the time before it is late.
963  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 10, 2021, 09:45:03 AM
No, there are lots of potential altcoins that aren't depending on Bitcoin but we can't deny the fact that every event of Bitcoin situation could affect the prices of altcoins. Bitcoin as the father of all cryptocurrencies is too influential that it could also change the whole market situation. Other altcoins could survive alone yet Bitcoin could always affect them in different ways.
That basically shows that all the tokens are still living under the shadow of Bitcoin. There has never been an altcoin that can retain its value when the price for Bitcoins is falling hard. I seriously doubt the altcoin market can survive without their boss bitcoin.

we know, bitcoin is first crypto-currency in the crypto world and from the beginning, it will the toppest coin always. so maximum coins are follow the bitcoin. But, there are few stable coins which are always hold their position such as Tether, trueusd, usd coin, binanceusd etc.
I don't think we can bring stable coins in this discussion because most of the stable coins are backed by fiat and hence they aren't decentralized so their price is controlled by the owners. Secondly, stable coins don't even jump when the whole crypto market is going huge. One thing to note is that stable coins have no market once the altcoins/bitcoins market is gone. No one would buy a USDT unless they have a pair to trade.
964  Economy / Trading Discussion / Re: Crypto trading vs Forex trading on: June 09, 2021, 07:46:00 PM
I agree that both crypto trading and forex trading can generate profits, depending on our ability to analyze the market. But since this year's crypto price increase was very drastic. Of course, it makes many people interested in crypto trading compared to forex trading. Because crypto trading promises much bigger profits than forex trading, no wonder more and more forex players are finally deciding to switch to crypto trading. But the problem is crypto prices are very volatile, and it has been proven that in recent weeks crypto prices have continued to fall, making crypto trading difficult to generate profits. But the key to successful crypto trading is patience. We do not only have to be able to analyze the market, but controlling emotions is also important to be successful in crypto trading.
There is a good thing and very sad thing when you compare the two. Bitcoin is not any nations currency, it is our currency and when it goes up we are very happy, it doesn't even require dollar to go down in power, dollar could be very powerful and gain value (which rarely ever happens) but bitcoin could go up even more.

However when you do forex that means you are doing it between two nations currency and if you make a profit that means one of the nations gained more power economically while the other one lost it. That is why there is something great about crypto, but a very sad thing about forex. Aside from that forex is a bit more "legit" in the eyes of the banks, you can do it however you want and make a good income or lose a ton but banks will help you, hold your hand while you do that, crypto is all in crypto exchanges and not banks, that is the only difference in trading.
965  Economy / Trading Discussion / Re: Signals in crypto on: June 09, 2021, 07:06:47 PM
in fact at the moment I think that those groups that are dedicated to the signals and if BTC falls are in constant uncertainty, because the technical analyzes they develop can be invalidated with a small movement that Bitcoin makes, either to the fall or upward.

Although some of the groups are always based on trading ALT / BTC pairs, it is not the right thing to do, because BTC is falling and if BTC falls, the alt would go much lower, because it would simply be a mathematical division, the most accepted is that it is ALT / USD or ALT / EUR, because it is much more real. Those are the reasons why, I do not trust crypto signals, because they have a high probability of failure, they only do not fail is when BTC is in a bullish trend, because at that time it is very likely that all the alts go up.
Those signal groups have always been in the danger of those type of moves. I mean what do they look at? They look at the signals very carefully right? After checking what should happen for hours with the data they have in their hands, they make calculated decisions, or they sometimes work weeks and months to build a bot that would tell them exactly when one thing they have been looking for happens, Bollinger band is under 20!! type of deals.

However one tweet from Elon and it's all gone. I have said this to my friend and he just didn't care and kept doing TA and now he lost more money than I did. The only power an investor has, just one thing anyone needs is simple ; be cynical. If you are uncertain about everything and you are not sure about anything that will make you a great investor. Because when someone is suspicious and unsure they will work a lot more and be ready for anything at all times.
966  Economy / Economics / Re: Are some too blind to see? on: June 09, 2021, 06:32:44 PM
If you’re realizing that now, then I’m sorry to say that you’re late lol. I have been saying that for a long time that all those billionaires just wants to take advantage of cryptocurrency’s volatile nature and use it as a means to get even more rich and nothing else.

It’s just like when I saw a tweet that motivated Elon Musk to invest in Bitcoin, it was coming from one of his fellow billionaires (someone posted it here once) and he was telling Elon Musk that he can increase his money within a short time by investing in cryptocurrency and he also asked to meet him to share his portfolio. So that means he already planned all these things before investing. They are all about just making more and nothing else, they don’t care about cryptocurrency.
967  Economy / Economics / Re: Why is bitcoin (crypto) worth anything at all?? on: June 09, 2021, 05:25:28 PM
All of that message could be summed up as "because we are willing to pay to own it" and that's it.

If people want to own a certain thing that means it has value and that is the end of it. There was a funny thing about an art showing having a banana basically taped to wall and it was sold for god knows how many thousands of dollars and some guy just took it and ate it as a fun thing, he was jailed for like a day or two, went to court and something happened, I didn't follow the story after that.

Basically we all know that banana didn't worth that much but people called it art and gave that much valuation. It is not the same in bitcoin, we actually have a reason to use it, but at the end of the day the only thing that makes something valuable is the fact that people are willing to pay for it and that's it. Which is why bitcoin worths something, because we find it valuable.
968  Economy / Services / Re: [Slot open][Signature] Non Fungible Defi Full Member To Legendary/ Paid in BTC on: June 09, 2021, 02:55:56 PM

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969  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 19, 2021, 03:28:33 PM
It's simply that you don't understand math very well. If your base reward is 4 sat, 100% increase would be 4 sat. 1000% increase is ten times that, so 40 sat. If you want to know more, tell us how you do the calculations and we will tell you where you are wrong.
I get a lot of these in the support emails. Amazingly some people don't know what percentages are and think that 1000% means multiply by 1000.

This is the calculation.

4+(4*1000/100)=44
If people are confusing 1000% with 1000x then I think you should fix your calculation "look" a bit more to make them realize even more Cheesy How? Well, 4+(4x(1000/100)=44. Which I know is basically the same thing, I mean I just wanted to prevent them from doing 4 times 1000 equals 4000 divided by 100 which is once again 40, and 1000 divided by 100 is 1000% so that is what I was trying to do there, to make that pop up so that they would KNOW what that 1000% is. Don't get me wrong its literally the same, I am just making it obvious for the idiots out there, as a math idiot myself (okay maybe not as idiot as the person who thinks 1000% and 1000x is the same) I would need help with these kinds of stuff as well.

Long story short there will always be idiots, I have seen you face with people who had losing streaks of 10+ losses in a row and blame you for rigging it... I know the kind of people out there.
970  Economy / Trading Discussion / Re: A book to read on when to sell (before a crash) on: March 22, 2021, 09:57:49 AM
There is nothing as such, cause if there is, then almost everyone would have that secret and they will be able to know when the market is heading for a fall or rise and will be able to manipulate it with the kind of information they have. So, the market is totally unpredictable.

I am very sure that most of us never even expected the increase that we are seeing at this time, because if you check what happened in 2017 the last bull run, it wasn’t like anything we are seeing now. And imagine the situation the world was in with the pandemic, a bull run was the least on everybody’s mind, but it still happened. That’s to show you that you can’t t predict the market in any way.
971  Economy / Trading Discussion / Re: Is it really a benefit that nobody controls the price? on: March 22, 2021, 08:36:13 AM
We can really appreciate the benefits we got in a decentralized market. Traders, investors love it because there is no such market manipulation to happen. This the reason why crypto supporters never wanted to make the government-controlled this. Because if that will happen, we can no longer make a huge profit anymore. And that volatility seems nothing to see anymore, we can't do the "buy low and sell high" and the future will lie in the hands of the controller.
Market manipulation is not what we are trying to defend ourselves against in this market, we are not here to make it work for traders, the reason why there is decentralization is that governments, or actually any human on earth doesn't matter who we are talking about, could do something that would hurt currency, look at fiat world, most politicians help people that bribes them but ignores people who needs their help, they change fiat course of action towards helping rich people and bring trillions to help them.

This is what we are against in decentralization, that way nobody can touch it, 1 bitcoin is 1 bitcoin and there will only be 21 million of them and nobody can move it around however they want. Manipulation of markets could still happen, I could buy 1 billion dollars worth of bitcoin by just going 10 million per day or even 50 million per day without letting anyone realize it, and when I have 1 billion I can sell it all at once, that's market manipulation.
972  Economy / Economics / Re: Bitcoin and monetary policy on: March 22, 2021, 07:23:09 AM
I have to graduate in 5 months and I would like to speak in the thesis about bitcoin and monetary policy . The supervisor asked me to send him some material. I would need sources, newspapers, blogs, etc. where they talk about btc and monetary policy. Thank you very much for helping.
You can easily just search on google for help , the same thing you’re requesting here is still something that people will have to search it up Google before they can reply, since you said that what you need are links from newspapers, blogs and the rest of them.

So, you can just search on Google for that particular topic you’re looking for and see what comes up, then you can then try doing your search in different ways by twisting the words and seeing what extra is coming up. If you are looking for where to check for news, then sites like CCN, Coindesk, and the rest of them are going to be very helpful.
973  Economy / Services / Re: Ideaology Signature and Avatar campaign on: March 22, 2021, 06:21:16 AM
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974  Economy / Economics / Re: Use of cryptocurrencies, a concern – IMF on: March 21, 2021, 03:49:30 AM
The biggest scam ongoing in the world right now is fiat currency. Governments are printing banknotes as if there is no tomorrow and the global debt is now estimated at around $300 trillion, which is close to the global GDP. Now IMF is the agency which has been one of the main players in this scam. Ordinary citizens are the victims of this scam, and every year they lose out in the form of increased debt burden and falling purchasing power of their bank deposits.

They forgot to look at themselves first, before overthinking the impact of cryptocurrencies.  Tongue I believe they are concern of the rising popularity of crypto, because this currency, they don't have the control so they don't know where money are going to or coming from. They are not comfortable that people will find a way how to control their own funds without the knowledge of the government. Anyway, they should place their concern over other pressing matters that involved fiat.
That is exactly the reason why they do not like crypto, because they know that they are not going to be able to stop it and that is why they hate it, that is the main reason why they are doing all of what they can to make it look like bitcoin is something shady and illegal but the reality is that bitcoin is the most legit currency there ever was in history of mankind.

If bitcoin becomes so popular that it breaks over gold market cap and that will be one step that we are starting to eat fiat and slowly destroy it, people will slowly stop investing with fiat and will start using crypto instead, that should be our number one focus right now. But, one another important fact is that we need to find a way to transfer bitcoin around very very cheaply and super fast so that we could actually spend it everywhere, that would be second goal that would help us a lot.
975  Economy / Trading Discussion / Re: Why Bitcoin price is so volatile? What are the major factors that drive it? on: March 17, 2021, 08:20:50 AM
I am wondering why Bitcoin price is much more volatile than the stock market?

Let's just stick with Bitcoin only.  Bitcoin have a market cap close to $1T as we speak and, yet, its price is still so volatile.  Is it because the availability of bitcoins in the market is low as most people (especially the new institutional investors) are hodling?  

Is it fair to compare Bitcoin (or crypto market as a whole) to a stock market like SP 500 (which currently has $31.61 trillion market cap)?  If so, Bitcoin cap is only 3% of the SP500.  Is it because of its relatively lower market cap which make it easier for its price to be manipulated (i.e., by a pump-and-dump)?
The both of them can’t be compared, stock has been around for years and Bitcoin is just a few years (a decade plus) so it is still growing and we don’t know where we are headed for right now, though I strongly believe that in future we are going to see Bitcoin become something really big.

When the market grows it will become stable to certain extent. Even the stock market can be volatile at times but this is something that happens at times when there is a serious situation taking place that will affect every market and push them to a particular direction, whether up or down.
976  Economy / Trading Discussion / Re: Caution: Don't get carried away by social media vibes while trading on: March 03, 2021, 04:33:21 PM
It is right that social media and articles published in most of the blogs are nothing but made to spread FUD and make people react in a particular manner which benefits big companies ultimately.

The outcome is that, hugh traders make a hansome profit, while the small time traders are left haplessly holding onto their stock, since they cannot sell at a hugh loss. They have to wait for a long duration hoping to dump their stocks when the market raises its bullish trend, which could take months.
Yes, because they got carried away with the social media discussions and what others thought. There are big IT centers made just to brain wash people through these social media posts and unless we use our own mental, they are just too powerful and easily manipulate us.

Earlier I used to follow what's happening in market and check articles when for example a dump is happening and it seemed like that's the end of bitcoins but now with time I have learned that these so called analyst are nothing but paid authors who will just publish articles for money.
977  Economy / Gambling / Re: Stake.com - Casino & Sportsbook - Play Smarter 🚀 🎰 🏀 ⚾ 🏈 🎾 🥊 🎲 on: February 26, 2021, 04:59:41 PM
Honestly the withdrawal fees are super high everywhere these days, there is really no quick way to get your coins back, it is high in btc, it is high in eth and that makes it high on exchanges high on casinos high on sportsbooks high on defi projects, high on metamask and I can keep listing where it is high even more.

Long story short it is high, it is not looking good. Go ahead and pick ltc or doge or something else whatever you want and you will be capable of withdrawing your money quickly, but if you insist on something else, this is even good compared to some other places, I have seen as high as 0.001 at some places, that is really unbelievable, that is like what 50 bucks now? Just to withdraw my money? That was seriously not acceptable to me but thankfully it was an exchange so I just traded it to tron and withdrew that to where I wanted so I didn't pay anything.
978  Economy / Services / Re: [OPEN] FortuneJack.com | JackMate Signature Campaign | Hero/Legendary - $65/Week on: February 26, 2021, 04:37:26 AM
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979  Economy / Services / Re: [OPEN]Blenderwallet.io Signature Campaign | Sr. Members+ ~ Up to $70/Week on: February 24, 2021, 06:39:24 AM
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980  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: February 22, 2021, 07:44:06 PM
When you look at it mathematically, Real Madrid only would be 2 points ahead of Barcelona if Barcelona wins that extra game, so it is not really that much of a difference, sure it is still a difference but not that whole lot if you ask me. However if Barcelona loses that extra game, that would be 5 point difference and would be a big trouble. By the looks of it Barcelona will be playing Elche in 2 days or so for that extra game and that should be normally a simple game for them, I do not know if they will feel simple as well but I suppose they will try their best as always.

Of course none of this would matter if ATM gets a winning streak but after months of being awesome they ended up with a tie and a loss, so I am not sure anymore, I said they will definitely be the champions but they are dropping the difference game by game and that is a very risky situation.
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