I was just thinking we get 108k again, I did think it would go up first but this week was flat almost doji candle.   However we did already do 108k in late August so maybe its just really slow and somehow that slow build is going to prove a positive in the end.

We are below the weekly average again, 116k to beat to prove that negative sentiment wrong.  We are above the 50 day average and Ive been told plenty times the fact 50 day average is declining should not be ignored it will lead to further challenges until corrected and moving in its momentum positively & turned back to ascending.

Surely the whole country has a natural interest and should also place a bet, the reason being to hedge their interests.   A new president is surely a big change for or against their personal interests as citizens and possibly business owners.

  I wouldn't even call this betting exactly but damage control or insurance of a kind, highly prudent to be involved in the risk and possible money flow one way or another and account for how the situation might develop.   I think gambling is its most justified in such situations surely.

Love that movie, sad ending of course.    This reminds me very much of a decade ago my old Bitcoin mining guild closing down, refusing to take any money or sell it on in any way because of how it could be badly directed.  I still dont fully understand that but I respect the decision.
   Heck of a giant chunk of integrity that dude had, BTCGuild I think it was and I should remember better but I think I tried to forget how much BTC I didnt hold onto  

https://www.financemagnates.com/cryptocurrency/news/btc-guild-closing-for-good-cites-risks-bitlicense/

Normal stance in business is a company is taken on by those who wish to develop it etc.   Make the most with the resources etc.   I dont get why that cant be a thing but maybe its all too complex, I dont think its fair to tie up websites in red tape just because BTC became maths that worked like government must smother anything that does well.

Surely if its social its a two way conversation not directed one way advertising and so I consider a freely discussed topic to be far more healthy as a form of advertising, more so then decades previous where advertising was almost a subversive influence.  
   I fear over reaching nanny state type governance far more then I would do anything freedom allows people to actively consider or reject on their own terms and experience.  Half the attraction in smoking or similar habits would be that its banned and associated with adulthood by teenagers etc.
  I grew up learning gambling via maths lessons  completely realistically, nothing negative about it just use your head is never a bad thing and risk is not a factor you can ever eliminate to zero.

Thats just a cliche, men are risk takers etc.  but of course gambling is a human thing and applies to all in varying ways that cannot be stated in an absolute way.     Some kinds of gambling can be a social activity and then its surely highly relevant to all.   I also know of some top poker players who are famously women not just men despite the macho imagine its a game winnable by anyone potentially.

I would hope for the Mongolz to win as they are the more unconventional of the two and something new going down is always good to watch.   The battle of aim vs experience maybe.



They are both world class all time great players just the problem with NA teams in their teamwork especially can be consistency, they thrive on momentum but the very best teams can course correct under stress.

3 years is not the horizon unless you got a ladder that reaches into space    I'd say its out of sight personally but I lack vision perhaps 
   I like the way the question is phrased anyway because this is the correct timescale of thinking to consider gains or losses in BTC, we tend to think in this year or possibly seasons at best when Bitcoin is wide open in its movements across the whole cycle it has.  200 week moving average is relevant for good reasons.

You could judge the situation from when last the free faucet bonus was paid for posting as a winner, I think it needs 9999 to come up and you can claim a bonus on forum.
   Whenever that was last paid would be some timeline to judge off as there's been more then one issue right so its muddy waters.  Ive worked for multi nationals that were very inept, I would still go with neglect as the story or just not paying for the staff needed etc.
  People still mention The Quin like he was Atlas holding up the world but Im sure there was or is similarly vital people not known behind the scenes, if they left then too they will be missed & it does not work out well.

This is the cat chasing its own tail, even if you manage to succeed you will wish you didnt.     Computers do dominate the shortest time frames for trading but its by speed mostly, the AI so far as Ive read is not relevant.
  Big traders or companies get paid for providing volume to exchanges, they enable liquidity in the float which is useful and hence there is a bias towards such operations beating humans in the short term and being more profitable.   I cant buy and sell the same share in a second or so but these companies set up within metres of the exchange and perform at near light speed.

I dont believe AI is better then people, I think ironically its mostly about enabling people and also this kind of iterative automation similar to mentioned above in very fast time frames I agree AI might win but a good trade is often about recognizing the feel of a market on that day or week.

Carrot and stick incentive to gambling is in some way you hope to win.  I dont think anyone sets out to lose so no that premise would not likely see great revenue figures.
  Some people do just play for the fun of it, poker or similar type games are majority risk but also a game of skill and I dont think people will ever give that up even if the reward was zero the game must be won

Its a perfectly fine time to be involved with Bitcoin unless you have to sell next week or next month or similar short term holdings.   If want to buy and hold its a fine time but trading and wanting instant profits is the usual complaint that is hard to debate with.
   We can see BTC went down today despite being so close to 120k it should have been magnetically drawn closer yet we cannot really know how the progress will go by each day only state some level of probability or confidence.

  The general outlook for this year even next year should be quite fine imo and BTC isnt out of lockstep with many other assets so it wont be too surprising to see good gains improve some more but I would never presume any easy road ahead is cleared ready.

I would bet on El Salvador increasing its reserves if it had made more of the opportunity such as being involved with gambling revenue more with its friendly stance towards Bitcoin.
  They have to leverage whatever advantages comes with their modern policy but I'm not sure they are gaining everything they could be.   IMF wants to discourage them and others, actually gaining commerce would make me far more optimistic for them developing the initiative they have.

A helpful tool can change the world, all you need is enough leverage and you can move anything that previously stood in the way.    The description of bubble is used too often, a false dynamic, an isolated atmosphere of speculation fragile and leading to total collapse as it contained nothing; I dont think thats a fair description right now.
  They described Bitcoin the same and despite great volatility it wasnt true or fair in that case either.

Its already arrived, maybe a little more to coast over the line but BTC is now back at the highs its visited many times since July.  So its not new but it is at the top of the range.  
   The only real thing to note here is does it complete and end its cycle of range and repeat the same old story as the last few months or can we get something new.

 This is my interest, some new story or a repeat and so far I cant tell only that dollar has continued to lose more so a new high is maybe slightly more probable but Im not expecting too much for now.

Its not possible to judge BTC or market sentiment from a day as its too short term to really fit the strongest movement in Bitcoin.  Even weekly bars I think is the lowest rung on the ladder, surprisingly this is a longer term asset despite the sharp moves I would only try to judge it on its seasonal performance and how its acting within that.
   One day giving us some direction or notice of action up or down would be nice but I think there's too much noise and erratic movement, weekly I start to think it adds up volume wise to generally mean something more.

The main difference with the dotcom bubble is the utility, we should have a focus on that and efficiency of the product to improve results for users.    The one thing I do think AI makes a difference is the current inefficiency of usage of existing technology, AI doing radically new tasks is something different & probably harder to achieve.

   Lots of people don't or cant use tools already available for five years, its like having a solid V8 in your car but you only know how to start it in first gear.   If someone can invent a way to unlock potential already waiting, its going to be well used and profitable for all involved.

This dynamic of usability being so important isn't new, I thought the same when Windows was still new.  I don't especially appreciate Microsoft or their founder but the product itself did tilt the world via enabling its users.  All AI has to do is enable people now in a similar way and its gigantic, its off the scale at least in potential.
    Ironically AI as a bubble or a real phenomena, its about the people.

Moves like that are confusing as it seems to be some adjustments continue to the site and so whether you like that or not it counts as activity.  The Captcha added to faucet, probably a good idea for anti fraud and whatever other fairly minor changes they have done.   Where are bets previously listed, whoever does that is not there or who knows why.
   Obviously people are concerned with the major things I just wonder why the minor alterations if it were for no reason or purpose.  I encourage them to sort things as the business model seems valid but I have no information beyond what anyone public knows.

Im sure  some people said we had bear market or bearish phase this year because of the decline in the spring but I would classify that as a pullback.  
  It takes alot to trigger a bear market in Bitcoin because the alternative of holding Dollars is consigning yourself to fairly certain losses to inflation, its almost government policy now to devalue the national currency and so too most prices all over the world rise in line with that devaluation.

The biggest trigger to a sell is probably a large overly inaccurate gain in Bitcoin beforehand, once that occurs and speculation is overly involved the period of extended selling becomes almost a requirement to find a correct price again and restore belief or reliability in the blockchain value.
   We cannot take it for granted that Bitcoin is accepted as value and in exchange in any reliable way, if the market demands lower its better that this occurs then any greater damage or loss of confidence in its ability to be reliable value over the very long term.

Dollar has risen slightly after the Federal reserve rate decision which can mean post that news the effect may be ironic, I think short term that means Bitcoin will have to wait for larger gains.   The price can move always but new highs tend to be sold off if enough volume isnt there to make it stick.
  My general guess for now would further development and potential needs to accumulate in the BTC price action in order to later see that correct price rise and a regular positive trend beyond current known highs.   Its better not to rush to achieve an unstable price and traders will sell off the higher prices if they can do so for a profit.

This is not the case globally, I do think some areas may be overpopulated but overall the world is still mostly empty.   Its not about absolute numbers but efficient usage.  China is efficient in many ways, they deserve much praise especially recently but the one child policy was not anything that has done them good.
  China as a nation wont suffer the burden of a growing population, their young people dont want to have children as they grew up alone & this is not an unfamiliar after effect of such a policy.

  China has a falling working population, they had better better be amazing at AI and many other techniques to make up for the short fall or cannot expect to regain the great growth they had at the start of this century.