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981  Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want? on: March 20, 2024, 03:40:27 PM
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?
It is good to invest but bad to prioritise it over your health. Your health is your wealth and must be the first priority because if you eventually make the money and make it big and your health is not good enough to enjoy it, you will still be at a loss. So, advise your friend better about this, maybe he can find the means to do the two together as it's worthless to gain money and be sick.

Furthermore, necessity is a need, you can't do without it, or else, you will directly suffer. By virtue of that, the investment is not particularly a necessity but the health you cited is. The investment becomes a necessity if you cannot survive without it, just like those who do not have any job/work but want to invest or do business (necessity).

But for those who are working and have other means of income, the investment is not a necessity as their living doesn't depend on it (want).
982  Alternate cryptocurrencies / Altcoin Discussion / Re: Can governments crack down on crypto? on: March 20, 2024, 03:28:31 PM
Yes, even though people talk about decentralization or something like that, crypto needs government involvement to achieve high prices. But imagine if all governments were to ban crypto. I think crypto would still survive, but it would be used among small groups and be hard to maintain a high price like it is now.
The simple consequence would be the falling price of cryptocurrency assets. Not even one of them would be able to survive this and Bitcoin will lead the fall. I like the way things are falling into place with what I said that people did not take seriously at the time I started with this forum, but now, they are waking up. I hinted that the government is so powerful since my first months of joining, but as usual, people will say otherwise, they would be calling the decentralization power of cryptocurrency. Decentralization in the face of the government that has the absolute power in this regard? I don't think so.

The decentralization will only work when the websites, apps and other means by which they are being translated are allowed by the government. What if the government blocked that access? Including the CEX and DEX? People often believe in the DEX, but they often forget that it is also running online and it is people that would patronise it for it to function. What if it is now a criminal offence all over the world and strict internet surveillance is used?

I hope the day never comes, so we should embrace and cooperate with any regulation brought by the government, at least, it is better than losing everything.
983  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: March 20, 2024, 03:09:18 PM
A person who puts $400k on a gambling site has a larger deposit and is financially stronger. Everyone invests according to their financial status for their entertainment.  Because the more financially strong his needs, the better his standard of living, so gambling is risky for everyone.  For this, everyone should make gambling deposits and gambling in such an amount that the loss does not cause them any major damage.
Any millionaire doesn't put up a 400k balance in gambling because gambling can trigger someone to go all-in on one bet they have predicted chances of winning the jackpot, I don't think any millionaire would do anything crazy just to lose money easily because they will not be able to earn $400k/day even though they have a global company, I have seen some international artists never risk too high funds in UFC betting because they realize there are no accurate predictions in gambling.

The principle of millionaires is to use money for business rather than gambling unless they invest in gambling stocks, they also limit their financial use to gambling with the lowest allocation of funds.
I must say that I love your points, they are so precise. I said a similar thing in January or thereabout when I last posted here, the issue of being rich and poor is relative in gambling, and no one should generalize it to make it a measure gauge for all poor and rich people. What we should first establish are the amount the rich and the poor are willing to commit to gambling, the rate at which they want to commit it and the frequency of their gambling daily among others. Don't be surprised that the poor may love gambling more than the rich and gamble many times a day while the rich may gamble just once on that day despite having more money. The rich may just wager a little amount and will go his way, while the summation of all the daily gambling of the poor may be way more. Now, of course, if the poor are not addicted to gambling, they should not be doing that every day especially if it results in losses. Aside from addiction, something must have been causing the consistency, which may be regular winning or the fun derived from it. And if the reasons are from the two (fun and winning), then the gambler may still be doing fine since the money commented directly from the pocket to gambling may not be much on every risk-taking, so this is so relative to those factors.

As for the rich, they might also be gambling for fun or seriously as the case may be, and such would limit the amount risked. If your own case is to be observed, of course, rich people are not senseless too, they will moderate their spending while gambling. The fact that you are rich and worth $4m doesn't make you gamble $500,000 at a go, or else you will lose all your fortunes pretty soon. For this, everyone whether rich or poor must manage and moderate the way they gamble, nevertheless, their love for gambling, adduction, risk affinity and the entire benefits from it (money and psychological) will now determine how frequently it is being played by them.
984  Economy / Gambling discussion / Re: A call to self-examining our gambling habit. on: March 20, 2024, 02:48:52 PM
There is nothing like self examination when there is no rule that is put in place to check the activities of the gambler,  in this way while you keep check of your gambling,  you are at the same time following a new patten that will place you in a better position in your future gambling.

Those rules will help a gambler to have a lay down principle in form of a blue print to follow through with,  which is very important for every active gambler if you ever want to gamble safely.

I don't agree with you. It is possible to examine yourself even without having an established gambling rule on the ground. When you are self-conscious you will know when there is a problem in your gambling and vice versa. Being self-conscious when gambling is a good way for a gambler to monitor and regulate his gambling behavior.
When a gambler is self-conscious, he can identify signs of problematic gambling behavior.

I think a gambler should pay attention to his thoughts and feelings while he is gambling. If a gambler notices that he is becoming anxious or upset, it is good he take a break from gambling and engage in a calming activity instead. This can prevent a gambler from making impulsive or irrational decisions.
I would have to go by the way of the OP here and I simply do not know what you are actually disagreeing with because your points and those of @Wiwo are two different thoughts which are still needed by gamblers to preserve the gambling psychology and acts. Wiwo was talking about self-examination which is also the main context of this thread, and if you must know, this is the overall evaluation of oneself and not merely being self-conscious. Mind you, those who are self-conscious can still make mistakes due to one of the emotional factors affecting gamblers, while some will not even be easily and immediately deciphered by the gambler, unless the fellow is just so sensitive and wise.

Now, don't be surprised that the reason(s) for the mistakes (hidden or not) may later be revealed through the evaluation that Wiwo was discussing in case you do not know. Which one is now greater?

Also, having gambling rules makes it better so that the gambler will not be randomising the self-examining exercise and thereby causing style drifting in gambling styles and rules. His advice is so on point if I must say. While yours is all about being cautious as a gambler, and nothing more.
985  Economy / Gambling / Re: No KYC Crypto Casinos & Sites | NoToKYC.com | Exclusive Bonuses on: March 20, 2024, 08:10:23 AM
If some casino platforms don't require KYC first, I think KYC is mandatory later when it's time to withdraw. When you deposit your money in the casino and win bad then if you want to withdraw that money later it will definitely ask for your license and KYC. Most casinos tend to offer KYC because KYC is required so that they can identify users and prevent money laundering. The casinos you mentioned here might ask for KYC from the user later. Although it doesn't seem to ask for KYC during registration, players may need to do KYC when they want to withdraw money to your casino. And if there is no KYC system then later on may be shady dealing with the players to withdraw more money instead of making KYC mandatory.
But I continue to believe, and the experience of other players clearly confirms that sudden KYC in the event of withdrawal of money that you won in any casino is now an almost inevitable process and the inevitable course of development of the gaming industry. 
And now, increasingly, the exploitation of the marketing slogan “No KYC” is turning into a farce and a false promise.  I think that legislators are everywhere attacking cryptocurrency and such a characteristic feature of cryptocurrency as the anonymity of payments.  And many casinos in their jurisdictions simply cannot afford to operate normally and legally if they do not introduce this KYC procedure.
 This is all sad simply because millions of gamblers would prefer to remain completely anonymous, and the realities of the gambling industry provide fewer and fewer opportunities for this. 
So now everyone should probably be skeptical and distrustful when someone supposedly guarantees “No KYC”.
It is high time those guys perish the idea of anonymity, there shouldn't be a thing like that as long as you are a human being and are dealing with financial transactions. If anyone wants to be anonymous, the forest is there, go there, after all, you will not be a threat to the civilised society since you are living in the bush. But if you must live in civilized environment, then you must be accounted for, there must be the link between you and what you do. In all good sense, if you are not the kind that is illegal in activities, you have nothing to worry about, even as no one is revealing your details like many feared. Who even cares about that in most cases?

We all must know and acknowledge that regulation is a must unless there is no crime in the world where everyone is trusted to be sane and do the right thing. Is that what we experience in our societies? Certainly not. The more you allow anonymity, the more the evil doers use the opportunity to perpetrate their evil, and I do not think that is the society we all want to build.

However, many casinos are only hiding under the regulation to cheat their customers, some of the acclaimed no-KYC casinos would later ask for it when the customer is such that is good at his games and also withdraws frequently or wanting to withdraw a huge amount of money. That's just cheating and not about being answerable to any regulation. But if a KYC casino asks you for the KYC, it is their right since they are not a no-KYC casino, it may only take time, they will ask. Only that the odd times they ask at times could make it suspicious, nevertheless, they are still within their right.
986  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: March 20, 2024, 07:35:32 AM
Thanks Smiley If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.
Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.


In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.
It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.
Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.
You are right about this, gambling may be risked by some people as their means of livelihood, even though I have not met such people personally, I only hear of them, so whether they are real or not, I do not know. Needless to say, people may just be seeing them from afar but do not know the challenges they are even met with in this regard since gambling is risky. For me, I can't depend on gambling as my means of livelihood, I can't just do that even if I have the best working strategy in it. It might be the time you need money most that it would fail you, and what if you need the money at that time to fix some important things like the payment of children's school fees and others?

I can't just risk my life and that of my dependents on such a risky activity. It can still be fine if it is a risky investment and trading, and many are doing it and are fine. This is just like I've done in the past replying on trading and investment solely for years. Since the two are businesses, if well-known, one can still manoeuvre his way through them to success. But for gambling, the best is to have another job which is the primary job, and no matter how little it is earning for you, it can't make you so desperate to gamble alone or be gambling anyhow due to the quick money needed.
987  Economy / Gambling / Re: Does anyone find the spate of online casinos a bit uninspired? on: March 20, 2024, 07:13:16 AM
Yes, that's right, it's a necessity that in my opinion, security must be paid attention to, especially with matters relating to money, because of course gambling or casinos are closely tied to money, and the amount is not small, all the money in the casino must be secured as well as possible, Not only money, of course customer data must also be taken into account, because that can determine the reputation of the business as well. Security in casinos is of course important, because with online casinos nowadays there are also people who are good at hacking, and if their security is poor it is possible that something undesirable could happen due to the actions of cheating or cunning people.

Maybe there are similarities in the design, but in my opinion the difference is in the color, but even so, of course, in terms of the game, they are most likely the same, customer comfort must also be considered, one of which is the appearance of the casino. It's true what you said, perhaps gamblers are happy with a luxurious appearance, and that can make them comfortable in the casino, but if their game is bad, chances are they won't be comfortable either and will look for another casino to look for a casino that is comfortable from many aspects.
In overall it would all matter if someones attention been caught into staying up on a certain platform. We do know that there are certain new platforms on which they do really totally copy out
those current existing sites we do have in the market whereas its impossible that we cant really be able to distinguish in between those things and just like been said that security is standard
with this matter because its a business that involves huge money so its a normal consideration for those business owners to have.

Due to saturation into this market on which platforms couldnt really be that avoided for having some similarities and this is why choosing would really be that totally
depending on a certain gambler on which one would really be caughting up his/her attention.

That's right, when it comes to security, all casinos pay attention to it because it is clear that gambling is closely related to money, so security must also be prioritized. Also security is one of the conditions that must be set, because it can also affect the comfort of customers, with so many casinos nowadays we don't know which casinos are truly trustworthy and which casinos are fraudulent including their security, there are only casinos which are smooth in the deposit process but sometimes there are problems when making withdrawals as I have experienced before.
You are on point and I wonder why some people would always believe that casinos can be careless with their security, I've read enough about that. If casinos did that, they are not only putting the money of their customers at risk but also their money and investment, so they can never dare not to prioritise their security. Some hackers may not even steal directly from them but hold their website to random which they will not release until they pay the amount requested of them. They will not allow this to happen since it will be a lose-lose situation for them.

But we can't overemphasise that casinos are better prepared than each other and they are richer than each other, so this could vary the level of security still, and the richer one would do more to enhance their security than the others since they can hire better expertise.

Quote
Also, with so many online casinos or platforms nowadays, they tend to have the same appearance and design, I haven't just found a casino that has just one design. In my opinion, there are some platform casinos that have poor or unattractive designs, so even before registering I was bored with being in the casino, because the appearance is monotonous, there are no animations or other interesting things.
No doubt that most casinos these days are lookalike, they are just copycats and I believe they are trying to live up to the expectations of customers in the competitive industry. And if you see an upgrade today, before you know it, many others will have shifted towards that upgrade again. It seems they are quite monitoring each other, and this doesn't even allow us to give kudos to those websites that were the pioneers of the new looks and upgrades before others joined.

But still, many are still outstanding with their slightly different looks and the higher number of game options with the general user experience even as most of those sites are not 100% the same but are only very similar.
988  Economy / Speculation / Re: Fed rate adjustment on March 19/20 2024 what will happen? on: March 20, 2024, 06:52:04 AM
I think the drop in BTC price is due to the fed rate adjustment meeting.

We should know by the 21st of march if they drop rates.

I think the BTC market stalled over this.

Opinions guesses etc.

CNBC thinks we do a freeze this time.

https://www.cnbc.com/2024/03/14/heres-when-the-fed-may-start-cutting-rates-investment-strategists-say.html
Thanks for putting this across, but I see things differently here. Bitcoin cannot be falling this much due to the FED's expected rate cut. It never moved this way when the inflation figures have been rising again in recent weeks, so the start of the FED's cutting can't cause the huge fall we are expecting now. What I believe is causing this is the much-expected and needed retracement, it is long overdue judging by the way Bitcoin has been strongly rising almost unchallenged for weeks. It has to fulfil the law of gravity like any other market/asset, so it will reach certain levels before it can meet strong support that would be effective enough to cause a rebound. Also, the breach of strong support at $67,629 has aggravated the fall recently.

As for FED, the Rate decision will happen today and tomorrow, and I still do not believe they will resolve to any rate cutting soon. We can decode that through the bitting inflation that has rekindled itself in the US recently. The recent releases of the CPI, PPI, and PCE are not encouraging as they show that inflation is moving higher again. They can't be that careless to cut the rate at a time like this, they would want to watch more and hold. For this, I expect a Hold of the Federal Fund's Rate, just as economists expect the same as seen below.

989  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coins are advantageous to invest in now on: March 19, 2024, 05:01:27 PM
I think investing in Ethereum and Solana is the most reliable of the alt coins right now.  Because altcoins are likely to start at the end of a bull run.  In this case, the price of Ethereum has increased a lot now. The price of Salana is also expected to increase.  For this if anyone wants to invest in alt coin now then invest in ethereum solana and bnb.  Moreover, the price of other alt coins is also likely to increase, but it is better not to say anything about other altcoins specifically.
Ethereum is undoubtedly worth buying at any moment, Solana and BNB both of also top ranking coins and good project, Sol increasing tremendous but i don't want to buy it such price because it can be go down and bnb is also same because those two coins now so expensive, Bitcoin is good to invest right now instead of altcoins.
Just like Bitcoin, one has to be extremely careful in purchasing all these mentioned coins, or else, the person would regret his decision. Though te regret may not be in the form of losing but in the form of gaining nothing serious over time. Bitcoin, and Ethereum, but save SOL, are not my choices, even though, SOL is becoming more discouraging to purchase day by day, it is still better compared to the others. For me, the best coins/tokens to buy now are the ones with promising price hikes, and I mean those that can still do at least 5 times what their current price states.

Thankfully, the whole crypto board is bearish for now, which means an added advantage for those who want to still catch the flight at some somewhat reasonable prices. To achieve better success, the lesser cryptos like MEME, BONK, AI, BOME, IQ, RAY etc might be good choices, and even the OP itself will not regret it over time.

Please note that this is just a view, it may or may not happen, so it's better you continue to do your own research.
990  Economy / Speculation / Re: Contest: Predict the exact possible bitcoin price for 22-3-24 and win merits on: March 19, 2024, 04:47:47 PM
I had some merits lying around with me for some time. So thought to do a contest here for this.

As a reply on this thread, you have to post the exact possible price for bitcoin on 22-2-24 , 8 pm Indian time.

The member with the closest estimate will win this contest.

Good luck.
Hahaha...I like this and I love contest challenges. But you did not construct it well. You cannot organise a contest without defining your rules, and some terms and conditions of participating in it. I've also browsed through it, there was no reward plan for the winners, not to say what would be concluded when two or more persons had the same value and won the contest. The actual platform to use must also be known since prices vary per platform.

Lastly, have you seen the date you posted? The 22-2-24 has passed, maybe you wanted to write 22-3-24, notwithstanding, correct it to make it fitting.
991  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the Altcoins Going to Dip in Short Term? on: March 19, 2024, 04:21:54 PM
-snip-
My reasoning is, the whales have dumped their Bitcoin on the institutional investors/Trads in recent months as the Bitcoin ETFs have become available, but they are only seeing bag holders on the alt-coin side, and not seeing newcomers to buy alt-coins from them in order to eventually dump them on the newcomers.

My dilemma is, should I sell now, wait for the short-term pull back, go back in and sell in the long term, or is this a foolish sentiment?
If you'd followed your mind on the day you opened this thread, you would have been happy now by saving your head from the pullback we are massively experiencing these days across the market board. This is well-expected because top altcoins have been pumping and pumping for too long, there is a need for them to observe the needed and due correction.

But you are wrong about the whales dumping Bitcoin, it's a collecting supply, because on the 15th of this month when you opened this thread, Bitcoin still tested $70,000 again, you can't compare it to what has been happening since then. This should not be a surprise to anyone since the market will surely face some supplies, it must not always be in demand as we witnessed it mostly since 2023, and at this time, many whales are still holding their Bitcoin, and the same goes for the institutions' holders and private individual with Bitcoin no matter the size. That's why the price is still very well above $60,000. If not, you might have seen it dropping lower than $30,000 pretty fast.

I can only wish you'd sold already at that time to reinvest later. Peradventure, if you did not follow your instinct then, you might not need it again because the altcoin might retrace a little lower before it starts climbing again to move even higher than where the recent correction started.
992  Other / Meta / Re: Poll: Colored Text Usage in Forum Posts on: March 19, 2024, 02:35:52 PM
Bro, let me first say that many members of this forum are lousy, they like to be controlling and want you to do what they are pleased with. F*ck it! Anyone who is annoyed by a coloured text should skip your post, it is never by force. Though black is the best anywhere, you may still mix it for the best appearance the way you like it.

Regarding the vote, I can see that the opposition is slightly winning the vote, regardless, many others voted otherwise against the opposition to make it not entire.

I just voted "Neutral" because it is never my headache and I read whatever comes my way so far it is constructive not minding this unnecessary context. I advise you to write and design as you like but ensure that you strictly adhere to the rules of the forum. Let them point to the rule of the forum that states otherwise.

-snip-
Do you like colored text in forum posts?
Yes
No
Neutral
Neutral.

Quote
How do you believe the use of colored text enhances or detracts from the forum experience?
Enhances
Neutral
Detracts
Neutral

Quote
Should the forum continue to offer text formatting options, including colors, for posts?
Yes absolutely
Yes with some restrictions
No it should be removed entirely
Yes absolutely

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Should the forum owner only remove the colored text option?
Yes
No[/b]
No
993  Economy / Trading Discussion / Re: Stop paying money to learn trading when you can learn it yourself on: March 19, 2024, 01:59:35 PM
Let me work you through this step I am using to be a professional trader

1. Learning on YouTube and other PDF resources online
2. Attending conferences and watching trading podcast
3. Find a mentor, whether offline or online. You may not be close to this person but always study his trade
4. Practice always and maintain consistency
That's the spirit, I learned how to trade myself without paying a cent to anyone and I've ever encouraged people to do so. But whether we like it or not, it's not everybody that can yield to this advice. First, some people do not have the Will to do it and when they want to force themselves to do it, they may not have that Zeal.

Also, some people do not have much time to surf the internet and search for various resourceful books and articles about trading. This could be due to their work and other engagements that cause a tight schedule. It might be fine if they go straight to the point, and having the right person to point them in that direction is always their option and could be the best decision, and it is fast at the same time. Above all, if one can afford the external teaching, why not, but the teaching must be such that is worth it. That's my only concern here.

About your points above;

1. This is good but I prefer the PDF and other written articles. Nevertheless, it is always good that the ones needing practicals are decisively practised by the learner.

2. I don't buy the idea of the conferences, or do you mean to say trading seminar? If that is it, then it is good. Webinar is also very good as I've learned one or two through both.

3. Do you think the mentor will reveal much without you paying? I don't think so.

4. This is the most important part. You do not just learn from people, you practice what you learn and that's what inculcates experience in us. And through this, you may even modify/advance on them to know better than those who taught you if you are smart.
994  Economy / Reputation / Re: Anonymity of Bitcointalk forum members on: March 19, 2024, 01:30:39 PM
Since I registered as a member of this great forum, I discovered that almost every one in this Bitcointalk forum is Anonymous like each of our identity is hidden, age, location, country, and some other personal information.

Does it mean that our activities here just ends within the forum and doesn't extend to real life? And how do we cope with performing transactions with one another even when our identities are not known and in a case of fraudulent activities, how can the culprits be held responsible or accountable?
Bitcointalk is a public forum, and just like any other forum, one's details cannot unnecessarily be revealed, even for security and privacy reasons, it is forbidden, though the forum admin may know more about the user. Regardless, you may still make friends on the forum, but you need to be careful about it. People are making friends but anything that has to do with financial transactions must be thought through thoroughly before proceeding.

I've read people tagging users Red, Neutral and Green, which means that transactions with users here could be Bad, Ugly and Good respectively, it all depends on the person in question. But don't forget that no matter the outcome of what you transact here, you can't trace the person, period! This is why you should be more careful and it is not a must you transact with people here. But if you must do that, just do it with those with good reputations here and who are in good campaigns. By this, you can report them and hold them accountable, nonetheless, you must have verifiable and undeniable proof(s).
995  Economy / Speculation / Re: Buy bitcoin now? on: March 19, 2024, 01:08:57 PM
Do you think it is convenient to buy bitcoin now according to your predictions? Or wait for its value to drop further?
Yes ... It's time to buy Bitcoin because price ATH already broken and now pumping up and down. Maybe price going into the correction. Once again bull run ready.
Lol, I would like you to follow the cautious advice of @Balto77, the advice is not hurting but a means to be careful about the next line of action about Bitcoin. Sincerely, I am not a fan of buying Bitcoin at the current level, and "to whom much is given, much could be demanded" as well, we have to be smart at these current levels. For the buying for investment purposes of HODLing, heck no, I can't buy Bitcoin anymore until after the next bearish season. The size is too big, so one can make a huge mistake buying it at current levels. However, if it is for futures trading, you can do whatever your trading chart tells you, it's business galore in that sense.

Besides, breaking the ATH doesn't exonerate Bitcoin from risks of corrections or reversal at a large scale, and you can see what it has done lately. It is even below the former ATH now and has formed a bearish price action on the daily chart. This can only mean a bearish threat unless otherwise stated. So, much care is needed at this point.
Hello @xiamin, this just caught my attention now and I hope you followed my advice. With what is happening in the bitcoin market, you can see that what you replied to was wrong which was why I supported the OP of what you replied to. Dealing with the market around its top or bottom must be extra careful about. It did not just start today, it has been for so long, investment must be engaged with care and not with anxiety, FOMO, people's opinions and all kinds of emotional factors that push someone to do it wrongly. But must be pursued with patience and the right expertise. What I follow best in my trading decision is chart analysis. I use that to know the right speculation and I do not joke with my price action which leads the detection signal of what the market would do. They've always guided me right. And no matter what I planned to do with a certain trend, when it is exhausted, I become more cautious, which was what conceived the advice I gave to you in my last reply.

Bitcoin was bought in weeks without much correction, that's not the way the right principle of the market movements should be followed. Though it might tarry, but when it starts selling to observe the correction, it could be so massive just like what it has started preparing now. In less than 1 week, it has moved $10,000 downwards for correction sakes, that's massive. I expect more selling over time, which was what the OP cautioned about at that time. It is always better to wait for the correction before buying again.

As it is now, it has breached an important level of $67,629 of my trend margin indicator on the 1D chart, it should continue to move lower until further notice. Bitcoin has not breached the indicator on the daily chart since the 26th of January, so breaching it now is symbolic and will be detrimental to the coin in my opinion.
996  Economy / Economics / Re: The Prices of Labour. on: March 19, 2024, 12:47:53 PM
-snip-
Then, my reflection moved to the circumstances around the Professor. How much is the monthly salary of a Professor and other related allowances as are accrued to them in the midst of plenty. In fact, there monthly take home is meagre and is better imagined than experienced.
Is there Prices determined by the market mechanisms of demand and supply or by an authocratic Fiat of the government, thus what must be done to effect justice on this serious matter.
I would want the public in this forum to contribute.
Well, I would like you to look at it from different angles, however, it would have been better explained if you had added the country you are living in. In my country, labourers are being cheated and they are voiceless even as the government is busy with their politics and corruption. The labour/work has never been commensurate with the wages/rewards in most cases.

This is so disheartening and what aggravates it is the fact that people do not have a choice. You will hardly get a job in my country not to talk of a befitting job, just for you to know that the rate of unemployment is high. Invariably, this means that the supply is high and the demand is low, so they pay workers peanuts in most cases. If you want to leave the job due to anger and other reasons like the lack of satisfaction, there are millions waiting to take your place, so people do not joke with their jobs despite the poor pay. They'd protested and done all sorts of things to show their dissatisfaction but to no avail. In this condition, you would see a worse situation than that of the professor, because these people have commitments and dependents and it can't be easy, but to continue to management.

In another view, some people are practical "economists," they may have more but still do not spend on themselves. Their good earnings are not commensurate with their living standard. They could prioritise savings, investment and other future benefits to living well. For this, we need to know the kind of persons and the conditions we are dealing with before we conclude.
997  Economy / Speculation / Re: Road to 100k? on: March 19, 2024, 12:13:52 PM
We have seen Bitcoin reach 70k USD and it even reached a point of 71k briefly. We are seeing history being made right here with the new all time high being set once again and it is happening even before halving.

I have high expectations that bitcoin will reach 100k but will it reach 100k without any major decline in price? Does it seem realistic that from 70k, bitcoin will continuously rise up?

If Bitcoin wants to make a new record again, it is definitely more likely to go up to 100. Because this March is the most positive month for Bitcoin to set new records. Those who are already knowledgeable about Bitcoin have interpreted that the Bitcoin name will be in the normal range during the halving period. As if this is the time investors can invest in Bitcoin to stay through the big bull run of 2025. At that time the price of Bitcoin is very likely to be 150K as Bitcoin will set record highs in 2024 and 2025.
Don't tell me you want to be a blind follower. You do not totally approve of all that you hear people who are being termed professionals say about Bitcoin. We are all speculating, and speculation may either be right or wrong. What happened in the last bull run when these co-called professionals were busy calling huge figures of the price where Bitcoin would reach should have taught you a lesson that no one knows it all, unless the person is a seer, which I believe they are not. Bitcoin silenced them at about $69,000 and reversed hugely. Most are only using instincts and guesses. Mind you, the price Bitcoin has never reached on a higher level, if reached, will not allow for further speculations upward. In a plain term, no analysis can be made further on the bullish path after the ATHs are reached.

You may know this if you are a good trader. If an asset reaches a level it has never reached before, one may only speculate rightly on the downside but can't accurately predict the upward price but will only use instinct, a round figure or something that just comes to their heads. That's what is happening with Bitcoin now, and thankfully, the coin has hit almost $74,000 so far, it has tried enough, but I doubt it can reach the $150,000 you called. It will take a miracle in my thought for it to ever reach that level. But of course, it would reach a $100,000 psychological level, and it would be a very good record for the coin to do that.
998  Bitcoin / Bitcoin Discussion / Re: Mempool Observer Topic on: March 19, 2024, 11:48:23 AM
It seems Saturday-Sunday are the best days to use BTC mainnet fee-wise... am I wrong?
I've heard the same story by many people dealing with Bitcoin and I've noticed myself and also took my time to observe it more. My resolve is that it is not particularly true, but most times, it is true. As we know, activities and priorities (Demand and Size) are the major factors that dictate the fees to be paid at a period. These often influence the fees upwards during the working days since a whole lot of companies dealing with clients/customers will be open for service and continue to fulfil their Bitcoin obligations for withdrawals, and many other clients/customers continue to move in funds through BTC while depositing.

Fine, most of these activities would have doused during the weekend due to the official closure of the service of the companies. However, since Bitcoin is an electronic means of payment that doesn't regard the weekend, companies may decide at some weekends to process customer's withdrawals on both Saturdays and Sundays, while customers too may decide to send in a deposit on those days. And at some weekends, this could become much more comparable to that of the weekdays if the activities are much, which could influence an upward fee on that weekend.

If this is again coupled with a high number of Unconfirmed transactions, much reduction may not be seen in the transaction fees on that weekend. That's if we'll see any reasonable reduction at all.
999  Bitcoin / Bitcoin Discussion / Re: Day i have lost my 100 bitcoins on: March 19, 2024, 11:17:13 AM
One day, a few years ago now, I had ~100 bitcoins on Old Usb Key.

I didn't remember having them, as I'd had them at the very beginning. This USB key was lying around in a drawer, as I imagine a lot of people have Smiley

I remembered that I had a Bitcoin wallet not long ago and I tried to find my USB key, without success.

This story makes me sad, because if I'd known, I'd have been more careful!

Moral: be careful with your stuff, even if it's old :p
I've always ignored this thread from the very day it was opened but thought I should just drop my view about this today. Lol...Sorry for your loss, but I must say that this story did not touch me in any way, and that's if it's ever true. By the way, how much is the total cost of what you lost altogether not regarding the current state of Bitcoin?

I mean the price you purchased the Bitcoin then and the value of the USB you stored it in. I asked the question to add credence to the discussion because even if I buy a thing with a total package of $20, I wouldn't handle it as if it was nothing, not to mention of what holds an asset in it that was being saved for future purposes. I've read many similar stories like this but I always denote the insincerity in them because it can't be taken as carelessly as that even if Bitcoin was bought at the value of just $10. In your case, it's 100 x $10 ($1,000), which is still a fortune, to say the least.
1000  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: March 18, 2024, 04:44:31 PM
This is why it would really be that important that you should really be reading up those terms and conditions and as much as possible you would really be able to copy it or
screenshot on which if there are some possible alterations then you could somewhat have a fight on this case.
The right solution, we must have evidence for screenshots of all the terms and conditions on the casino site, another alternative solution we can index all responses on the web archive then the evidence can be considered concrete compared to screenshots, we must save all the stacks of text to prove that we have read the terms and conditions so that the casino cannot defend itself for a lie to the users, unless the casino announces an update to make new rules that require KYC then they can avoid all the demands of being accused of being a scam casino.
Yeah! Evidence seem to be the key as we know there only to tackle any matter arising, which is Evidence ( all T&C should be screen shot and kept). if a casino includes KYC is optional and they require it for your funds withdrawal then they are obviously a scam and the only way to tackle them is the way you listed above as they could be cunning  sometimes towards updating  their previous texts and if there's  no evidence , all hope might seem to be lost
In that case, you should be actively making a screenshot of the TOS as what you saw the moment you sing up will not forever be the same. As the regulation gets tighten, the TOS will also change and could be from non KYC to KYC, and having you not aware of that because you only read the first time you play, that would make you expect that KYC is not a thing in this site where in reality  it's a big one since they are regulated, or have become regulated since they acquire a license. We should neglect this thing, nowadays, KYC is already been a normal thing, if a site does not ask for KYC, or promote they would never ask, you should investigate carefully as that's not usual anymore.
Well, you have a good point, terms and conditions of casinos change over time so what you see today might not be what you would see the next day. That could make the screenshotted terms and conditions by the gambler not to be the same as the current one. Regardless, what you failed to acknowledge is that there are laws casinos must obey too and standard procedures to follow by them, or else, it is not binding on the gambler.

Casinos are to immediately notify their customers when there's a change to their terms and conditions, otherwise, they are wasting their time if it is taken to court with the evidence by the customer and lack of notification by the casino. It is now the choice of the customer to agree to the changed/modified terms and conditions or not after the notification. Not that casinos would just be silently changing them and expect what the customer accepted when opening the account to continue to speak for the modified/changed version of the Ts&Cs, such a casino will be deceiving itself in that regard. Even if the customer did not agree to the change directly, if notified, the continued use of the casino service is automatic proof that he has accepted it. However, the law still prefers that you actually agree to it as better proof of that.

All the standard companies I witnessed the change in their terms and conditions did notify me immediately, and upon assenting to it, they will still send me a copy of such acknowledgement of the changes to make it more official. This is the right way to go about it and not casinos behaving anyhow. Owning to this, a no-KYC casino due to regulations might change to a KYC casino, but must duly notify their customer like I said and not believe that such a huge change must be accepted in ignorance.
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