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1  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: June 13, 2024, 03:45:01 PM


Just like Mr. Biden is trying to against cryptocurrencies and bitcoin, it has unintentionally pushed crypto lovers into Trump supporters.

Biden is not against cryptocurrencies and Bitcoin. That's political nonsense invented by the opposition.

Bitcoin went up 500% under president Biden.
I disagree with you, bitcoin has increased because of the bitcoin market procession, supply and demand, halving is also a factor why bitcoin continues to increase, biden just hides it, maybe he doesn't ban out loud in your ears about bitcoin but he approves of regulations that have restrictions with the blockchain world.



Bitcoin has been around for 14-15 years and has increased millions of percent while Biden has not even finished his 4 year term as president, it is ridiculous to say that bitcoin price has increased because of Biden.

()


So Bitcoin went up 500% under Biden, but Biden mysteriously worked to make Bitcoin go down in price somehow, even though nobody knows how.

It sounds like you are simply in favor of Trump winning for... other reasons besides Bitcoin Smiley.

Also, regulated markets are safe markets that investors can invest in confidently. That's why Bitcoin is helped by a president who is not a convicted criminal and is dedicated to law and order like Biden is.

If you want more companies like FTX to come along--and drop the price of Bitcoin by 80%--then by all means vote for the president who would support criminals like SBF.




We do not support anyone because we are not from America and American politics does not have any connection or help with our country. Not to mention, American politics is just a mess and a farce when a candidate is charged with a crime, while the current president's son has just been convicted and faces 25 years in prison. What we care about is cryptocurrency, how cryptocurrency becomes more popular and developed, we are not interested in your country's politics.
https://www.nytimes.com/2024/06/11/us/politics/hunter-biden-guilty-gun-trial.html
2  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing, the Trump pump is beginning on: June 12, 2024, 01:51:32 PM
News update on Trump.

He shared this in his own social media platfrom Truth Social. I want to be very clear that I am also very skeptical on Trump's procrypto agenda because there is an election on November. Why did he not do this under his administration?

However, we can certainly speculate that he has good advisers on bitcoin in his team or are these advisers the executives of bitcoin mining companies?


It is very doubtful and we have nothing to celebrate with this news but it is clear that Mr. Trump spends a lot of time on crypto and wants to get votes from the crypto community. That shows us that cryptocurrency is growing stronger and its impact on the world is not small. Even if he is not elected or does not keep his promises after being elected, I believe that stopping the development of cryptocurrency seems impossible. Whether they like it or not, they cannot stop it, opposing it will only make them increasingly backward. Just like Mr. Biden is trying to against cryptocurrencies and bitcoin, it has unintentionally pushed crypto lovers into Trump supporters.

https://x.com/BitcoinMagazine/status/1800682561376764195
3  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: June 12, 2024, 06:23:03 AM
Namibia vs Australia
That was a short match with Namibia being all out making 72 in 17 overs. Australia chasing the target of 73 completed it in 5.4 overs losing a wicket. Australia surely is one of the favorite for the cup and Namibia is lucky to meet them in this platform.
That was looking a one sided match and Australia proved it. First of all Australia won the toss and chose to bowl first and they bowled excellently. I appreciate the bowling of Adam Zampa who collected 4 wickets. And at the end Australia restricted Namibia at 72 runs and all team of Namibia got out. And then Australia started their turn and they played really and they lost only one wicket and they chased the target in 5.4 overs. And the target was not high Namibia gave only 73 runs target and Australia chased it easily. Congratulations to Australia for this massive win against Namibia.


This was the most one-sided match of this World Cup. Several new teams are playing in this year's World Cup. But every team is trying to do better. And the smaller teams are also fighting hard against the bigger teams. Although the Oman team is comparatively very weak, this team is also trying hard to do well. But I was really disappointed with Namibia's performance.

I don't expect the Namibian batsmen to do well against the experienced Australian bowlers. Namibia managed just 72 runs, and that's what we expected. But I expected a bit better bowling from the Namibian bowlers as the pitch was bowling friendly. Australia team scored 74 runs in just 5.4 overs losing only one wicket. Warner scored 20 runs off 8 balls, Travis Head scored 34 runs off 17 balls and Mitchell Marsh scored 18 runs off 9 balls.
4  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 11, 2024, 11:31:17 PM


This guy is a great talent, he has a great capability of being one of the best defenders in the world. But that is probably never going to happen if he decides to go to Manchester United. You know,  many promising players have become after going to Manchester United.

Liverpool might be a good place but I am not sure about that as well. Because they have just appointed a new coach. So things are going to be a little erratic. But if there is a choice to be made between Liverpool and Manchester United at this moment my sense said the better choice is probably going to be Liverpool.

The best decision for Gonçalo Inácio is probably going to be to wait. Wait and see if any other big clubs show interest in him.

Source: Transfermarkt UK


This 22 year old Portuguese player has a lot of quality and talent. It is definitely going to be better for him if he is able to wait and see if other big clubs do show interest in him. I absolutely agree with that. Because wait a big club he will be able to improve much quickly. Being around bigger players also the quality of young players.

Going to Manchester United can be the biggest mistake for any young player right now, not only him. Going to Manchester United means that his performance is going to deteriorate. I am not saying it is 100% certain. But the chance is definitely close to 100%. Who says he won't do a "Maguire" after going to Manchester United? At this point, people look for other clubs so that they can go and improve as a player. And people look for Manchester United if they want to jeopardize their careers.

Regards

Duke
5  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 11, 2024, 05:02:46 PM
I think, those two players has contributed positively to Napoli which if they are willing to remain in the team, the management will like to give them a good offer that will make them feel reliable with the team until their contract expire. The reason kvaratskhelia rejected the offer PSG offer to him is because he discovered that the opportunity for him to shine the way he used to shine in Napoli team is not going to be there for him and it will make his fans not to be happy if he don't perform well to the team satisfaction.  I don't think, Victor Osimhen will accept any offer from Napoli management again in this season, because his eyes is on premier league teams and he is willing to leave Napoli in this season, if the opportunity come from premier league teams.
Besides that, Serie A is much more interesting than League 1, therefore I agree with Kvaratskhelia's decision because in Serie A he can still develop his abilities. In League 1 there is no exciting challenge because PSG will still be champions without great players even League 1 was created just for PSG (do you understand what I mean?)

I still remember last season Osimhen received many popular offers to immediately move from Napoli but Osimhen instead decided to stay. Now Napoli, who initially really wanted him to stay, actually backfired and deliberately wanted to sell him. I won't blame Napoli because in this case Osimhen is the one who feels the consequences. Too confident with the price set and then thought other clubs needed it more but now all of that has to be swallowed . Osimhen fate at Napoli will soon end, and his career will not be as brilliant as last season. Luckily, Premier League clubs like Chelsea are still interested. This is last opportunity for Osimhen to get out of his comfort zone and challenge himself in much tougher competition, he must be able to prove that he is worthy of being a competitor.

Honestly, there is no point in going to the Ligue 1 from Serie A. Serie A is literally a better competitive league compared to that one. And it will also be a big mistake for those players if they actually want to go to Ligue 1. They are not going to have any chance of winning the Champions League. Well, they might not have any chance at winning the Champions League even in the Italian League as well because it’s been almost 15 years since any team from the Italian league has actually been able to win the Champions League trophy. What I am trying to say is that it is going to be a good decision for them to stay where they are instead of going to Ligue 1 even if they are not participating in the Champions League competition.

Osimhen is in high demand but the price is too high. It is like that latest tech which has a very high price but you know it is not a very big improvement probably.

Regards

Duke
6  Bitcoin / Bitcoin Discussion / Re: Bitcoin has higher market cap than the three biggest banks in the world on: June 11, 2024, 03:02:25 PM
While the Businesses of those 3 giant companies are just operating in limited jurisdictions.
But, we can still able to buy US's company stock even we're not an American, I'm not sure in your country, but in my country I can use local broker to buy US's company stock. Although it's true Bitcoin is more widely since no one can stop people to own Bitcoin.

It will be impossible for centralized bank to have higher market cap than Bitcoin because gradually fiat is depreciating and bitcoin value appreciates, which is giving people more confidence to invest in bitcoin and abandon fiat because of lack of confidence in fiat. Banks are run by individuals but bitcoin is decentralized.
If most people think like this, those three banks would be bankrupt or they have very low market cap.

I find this comparison lame and nothing worth celebrating. Why don't you try comparing bitcoin with corporations like Apple, Nvidia or Microsoft? All three of the above corporations are in the United States and if I remember correctly, all three have a capitalization of over $3 trillion, double the capitalization of bitcoin or even higher than the entire cryptocurrency market.

In my opinion, bitcoin is an asset, an investment, and for a fairer comparison we should compare bitcoin with gold and silver, not with companies and corporations.
As Odohu said, these interesting comparisons are only intended to strengthen people's faith in bitcoin and have no meaning. I will really celebrate if bitcoin's capitalization can surpass that of gold, that's something for us to be proud of.
7  Bitcoin / Bitcoin Discussion / Re: Can you pay for car repairs with Bitcoin? Why not :) on: June 11, 2024, 02:44:56 PM
It's been almost a week since you accepted bitcoin for your car repair shop, are any of your customers using bitcoin to pay you? I think it's not just a matter of age, but your area may not have too many people who know and use bitcoin. Or according to some of the comments above, it could also be that many people are not willing to spend their bitcoins these days. People are focusing on accumulating as much bitcoin as possible rather than spending because everyone is looking forward to the upcoming bull season. No one wants to miss out on the opportunity to make more profits from bitcoin.
The main reason is that the majority of the population there does not know how to use bitcoin for payments, so they ignore the bitcoin payment option but time will tell that they will consider using bitcoin for payments because of the lower transaction costs. However, the OP explained that some people are interested in paying using bitcoin with low fees and 5% discounts, I think some customers have switched to paying with bitcoin instead of paying conventional banks with higher transaction fees.

I salute the OP for providing bitcoin payment option services, we will support and appreciate you, I hope you are committed to providing the best solution to your customers for low cost and fast payment options using bitcoin

Maybe people in that area don't know about bitcoin or some other reason but I disagree with OP saying that bitcoin transaction fees are lower than bank transaction fees. How much are banking transaction fees in your country? and OP how much is the bank transaction fee where you live, can you provide evidence to say it is higher than bitcoin? I find this absurd because even in my country, bank transaction fees are not higher than bitcoin transaction fees if we only use daily payments.

If it's true that bitcoin transaction fees are lower than banks and everyone is switching to bitcoin, and he even offers a 5% discount when paying with bitcoin instead of fiat. Why aren't any customers using bitcoin to pay at OP's car repair shop?
8  Bitcoin / Bitcoin Discussion / Re: Can you pay for car repairs with Bitcoin? Why not :) on: June 10, 2024, 02:04:22 PM
If I had a lot of bitcoins, I think it would be fine, but I only have a few bitcoins at the moment, so it's not practical in these times in my situation because we are currently in a bull run and also facing OP. Maybe that's okay if we're in a bear market.

But if you have a lot of customers who want to try to pay with Bitcoin, that's in your favor because right now we can say that the price value of bitcoin has dropped a little bit. Don't always sell it; instead, hold it long-term.

I have many customers throughout the day, but most of them prefer traditional banking payment methods. (This is likely due to the fact that the average age of my customers is above 45.) However, I want to share every transaction my customers pay with Bitcoin here and hold it.



It's been almost a week since you accepted bitcoin for your car repair shop, are any of your customers using bitcoin to pay you? I think it's not just a matter of age, but your area may not have too many people who know and use bitcoin. Or according to some of the comments above, it could also be that many people are not willing to spend their bitcoins these days. People are focusing on accumulating as much bitcoin as possible rather than spending because everyone is looking forward to the upcoming bull season. No one wants to miss out on the opportunity to make more profits from bitcoin.
9  Bitcoin / Bitcoin Discussion / Re: Exposure to bitcoin at young age on: June 10, 2024, 01:53:11 PM
I think it really depends on the individual. Some young people might be ready and responsible enough to handle exposure to Bitcoin and understand the risks and rewards. But for others, it could be overwhelming or lead to impulsive decisions. So, it's probably best to educate them about Bitcoin and financial literacy in general, but also emphasize the importance of patience and responsible investing.
Teaching the young about the economy early on is a good move, as the sooner they know about all the pitfalls they can fall to, the sooner they will take good decisions, however it is wrong to encourage young people to invest at such a young age on bitcoin, and this is because even if they had the right knowledge about this market, it is unlikely they could apply it as they should, which could create bad habits it will be very hard for them to get rid of to.
Well, you do have a point, I think bitcoin or crypto currency is too much for young age if you will introduce it first to them, I mwan yes its a good thing to learn at early age, but I think its better if a parents will trach their children at erly stage how to have a good mindsent when it comes to money, or becoming more money oriented and money smart so that they could adopt to it and for sure they are the one that will explore themselves and if they take interest in bitcoin or crypto currency then that's when you can guide and teach them, If I will have my own kid that's the thing I will do, self development and having a good mindset when it comes to money first, because they can later on discover crypto by themselves and for that they can handle it with little guidance and support.

How can they become good investors if they don't know how to manage their finances? So, there is no point in us trying to teach them bitcoin and force them to invest in bitcoin when they know nothing about basic economic and financial knowledge. That is like forcing children to study university programs when they are still in elementary school.

Many people have never had children, have never understood children's thoughts, what children need and want at their age, but always give their opinions on how to raise children to others. This is really funny.

Having early exposure e to bitcoin investments does not mean they will definitely become good investors in the future, there is no scientific evidence to prove that. That is not the way for us to create geniuses, everything needs to be educated at the right age, with the right method to bring the best results.
10  Bitcoin / Bitcoin Discussion / Re: The BTC stability on: June 10, 2024, 01:38:49 PM
I think BTC is very volatile to use it as a value reserve of a big company or a country. But it is awesome seeing its capability to speculate and invest in long term. Today I watched a video on YouTube a rich man saing that BTC is 80% of his patrimony. I think it can be dangerous. And all of you? Also are all in?
The fact is that, BTC launched its spot exchange traded fund, ETF and it is to allow big companies and large pocket investors buy into the future of money of which is BTC. There's no saying what the future holds though, but one assurance I have is that, many countries including yours would have to at some point consider the use of cryptocurrency mostly BTC as a regulated means of payments.

80% of the man's Patrimony sounds like very much, but with the enthusiasm I can perceive in the man, am sure he would put in more if he still has, because he sees something that you don't and may have had to overcome greater risk with money, that this is just something small for him to be bothered about.

With the approval of bitcoin ETFs, it means that bitcoin is considered an asset, an investment. How can other countries base on that and make bitcoin a payment method?

There will be some countries that consider bitcoin as legal the way El Salvador did. But I guess the majority will legitimize bitcoin and will just treat it as an asset or commodity instead of treating it as a means of payment or currency. Because no government is happy to have a currency it doesn't control circulating in its economy.

Investing 80% in bitcoin is considered too much and risky if someone does not trust bitcoin but it is normal if they completely trust bitcoin.
11  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: June 09, 2024, 07:42:00 PM
Julian Alvarez is talented, no doubt. He's scored 11 goals and 9 assists when Haaland needs a break. This is impressive for a primary substitute. But Haaland is a force of nature, a goal-scoring machine, too. No surprise Alvarez doesn't start every game. Pep Guardiola's departure is rumored. He has a year left on his deal, but will he leave the Premier League's biggest salary? No, I disagree. Man City will stay even if Pep leaves. The world's greatest managers will want to coach them because they're a premier club. Let's relax, enjoy the game, and see what happens
Pep Guradiola has a contract until 2025. This means that Pep only has one year left and I heard rumors that Pep doesn't want to talk about a contract extension. This will make the sports media come up with a lot of rumors. This will also give fans worries. As you said, Pep has been at City since 2016 and has succeeded in making City one of Europe's giants. I think it would make sense if Pep decided to retire. He has already got everything in football and he just needs to directly train potential young players.
[/quote

Guardiola has been with Manchester City for a long time. He managed to transform a mediocre team into a strong team. Whatever the City management wanted from Guardiola, Guardiola tried his best to provide everything. City have won the Premier League title three times in a row. And the team also won the Champions League title. I'm not sure why Guardiola doesn't want to extend his contract with City. City management able to pay big wages. But I think Guardiola might be interested in coaching a national team now. This is why he is not interested in extending his contract with City.
12  Economy / Gambling discussion / Re: ICC Men's T20 World Cup - 2024 #Cricket Prediction and Discussion on: June 08, 2024, 07:15:47 PM
Australia  VS  England

The high voltage England vs Australia match is about to start shortly. Both these teams are worthy contenders for this year's World Cup. And both are aiming to win the T20 World Cup title. So both teams will try their best to win the match.

England captain Jos Buttler won the toss and took the fielding decision. The pitch is not batting friendly. In most matches we have seen that teams batting later can do well if the batsmen are able to bat responsibly. England's batsmen are very experienced. So I think the decision of fielding after winning the toss is correct.

Australia won their first match against Oman. However, England's performance in the first match against Scotland was not good. The match was abandoned. However, England's bowlers could not take any of Scotland's wickets. Scotland collected 90 runs in 10 overs. If England's bowlers don't bowl well today, Australia will win. I will bet on Australia to win today.

The way Australia's two openers started their innings I thought Australia would give a target of 200+ today. Australia scored 70 runs in the first 5 overs in two openers. However, Australia's batting has slowed down a bit since Warner got out. And Australia collected only 15 runs in the last two overs. Australia's innings ended at 200 runs. A target of 202 runs is a big enough target on this pitch. But the England team has experienced batsmen. Although the target is big, England has the ability to win the match. England will definitely play to win.

England's two openers Phil Salt and Buttler are batting well. At the end of 3 overs, England managed to collect 31 runs. Salt scored 12 runs off 6 balls and Buttler scored 16 runs.
13  Economy / Gambling discussion / Re: UEFA Champions League 2024/25 Season on: June 07, 2024, 05:55:51 PM
~Snip
Real Madrid without doubt will be the favorite team to win the UEFA Champions League title come next season not because they won it this season but because they've added more quality players to the squad. The club recently announced the signing of France international Kylian Mbappe who's arguably the best striker in the world at the moment and with the presence of Kylian Mbappe in the team coupled with the already intimidating squad of the club, it'll be very difficult for any other club to face Real Madrid next season.
That being said, there are other few clubs that might stop Real Madrid from defending the UEFA Champions League title come next season such as Manchester City and Bayern Munich. These two clubs in my opinion will be more improved than they were in the just concluded season. We're surely gonna experience a very interesting campaign in the competition come next season and I can't wait for the commensement
Yes that's correct. Real Madrid is the team most likely to be the favorite for the title next season even though its rivals are also looking to win it. If Bayern Munich and Manchester City could meet Real Madrid in the knockout round, then perhaps Real Madrid could lose and fail to defend its title.

On paper, Real Madrid are the favorites for next season. I won't argue that ever, but Real Madrid may still fail especially if all of Ancelotti's plans don't match reality. A luxurious squad never guarantees success, but success can be achieved with good team performance. Nothing is as smooth as we talked about, there are always obstacles along the way.

Real Madrid has a stable squad. Madrid players have performed well this season. Especially Toni Kross, Bellingham and Vini's excellent performances led to La Liga and Champions League titles. Mbappe is going to join the Madrid squad next season. Mbappe has the ability to score a lot. With Mbappe, Madrid's attack will be even stronger. So it is expected that we will see the dominance of Madrid in the Champions League and La Liga next season as well.

I don't have high hopes for Bayern Munich next season either. I can't trust the new coach of Munich. However, Manchester City will certainly compete hard for the Champions League title next season. Meanwhile, Arsenal will be looking to strengthen their squad next season to win the Premier League and Champions League titles.
14  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 07, 2024, 05:46:55 PM

Quote
Allegri helped Juve to 12 trophies in two spells and had a contract until 2025.
The announcement opens the door for ex-Italy midfielder Thiago Motta to be named as the new Juve boss after guiding Bologna to fifth place and Champions League qualification.

source: https://www.thescore.com/seri/news/2922133

I actually thought Allegri probably should have been given another chance. But of course, there are also reasons why they have actually sacked him. And I understand that decision completely. I thought maybe with all the problems that Juventus has been facing recently, if he was given another chance he probably would have better results. But the way Juventus performed in the last few matches in Serie A, things were not looking good at all. Thiago Motta is being heavily linked with Juventus. He has actually done really well with his current club bologna. I don’t know how he is going to perform with Juventus as a coach. But I am hopeful. Whatever happens, and whoever the next coach of Juventus is, Juventus will have to compete for the League title in the next season.
15  Bitcoin / Bitcoin Discussion / Re: Is bitcoin gradually turning away from its purpose? on: June 07, 2024, 02:14:43 PM
The "real" purpose of bitcoin was to be used, and it's used, sure it was intended to be used as currency but it is used as an investment yet that is still a way of using it. This means that as long as it's being used, then I think it's fine, we do not care "why" it is used, we only care that people are using it.

To be fair, I do use bitcoin on my daily life, because I have a loan from an online place, it's basically a bank, literally legally registered in my nation, but they do accept bitcoin payments as well, so I am repaying 30% of my debt in bitcoin, rest is from regular traditional banks that I pay in fiat. Which means that bitcoin is growing more in the sense that we use it as currency too.

That is really a big issue since people is diverted into investment since this is what usually been discussed by a lot of people. The currency purpose has been less concern by people since maybe the high network fee maybe contribute this since people don't want to waste their money to pay huge fees just to do small or big transaction.

This should be the purpose of bitcoin existence, but a lot of people see an opportunity to gain something from its volatility that's why instead of using it. Many just think that if they hold it there would be more higher chance for them to earn more money. And I think we can't stop to make people think or decide to use bitcoin as currency since majority goes after on bitcoin because they can earn something from this coin.

Transaction fees can be a barrier that makes people not want to use bitcoin to pay, but I think the main reason is because the government has not legalized or approved us to use bitcoin as a main currency. What businesses or organizations do you think dare to oppose the government and use bitcoin as a payment method when the government does not allow it? So, even if bitcoin did not have high transaction fees and was not volatile, using bitcoin as a currency would still be difficult to implement.

Our use of bitcoin as an investment has never caused bitcoin to lose its function as a currency, we can still use it as a peer-to-peer currency despite high transaction fees and volatility. But the problem is, like I said, governments and regulations are the barriers that prevent bitcoin from becoming a popular currency.
16  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 06, 2024, 06:59:09 PM
#
So true. Maybe this should also be a consideration for Osimhen himself. Reflecting on Lukaku's experiences is truly a quite sad story. Although initially Lukaku was very good when he was still playing at Inter Milan. In fact, he scored 47 goals in 72 appearances at Inter Milan, which made Chelsea interested in bringing him to Stamford Bridge. And at that time Lukaku was also brought in for a very high transfer fee. But it turned out he didn't fit in at Chelsea and Chelsea didn't even want to use him anymore. This really makes Lukaku's career a little uncertain. So for the last two seasons he has only been a loan player. First, he returned to Inter Milan, the club before he went to Chelsea. Then on to Rome. And it turns out that Lukaku is only suitable for an Italian club because he still makes a big contribution to the Italian club. But somehow he couldn't do much at Chelsea. And yes the worry is that Osimhen could suffer the same fate. But the decision is not entirely in Osimhen's hands. Because if the club wants to let him go then Osimhen can't do much either. But if he stays at Napoli then under Conte's coaching he has the potential to become a great player again.

He definitely has the potential, no doubt about that. But in general, the Italian teams have been a little bad with their performance recently. I can say that because since the last 15 years or so they have not been able to win the Champions League competition. The Italian league in general Also faces a lot of problems as well. The corruption is probably a little too much. And for a player that is showing such talent as Osimhen, I think he should be in a much more competitive league. But of course, that also brings the question if Osimhen is ready for a bigger league or not. His fate could be very similar to Lukaku if he actually goes to the English Premier League. But life is nothing without risk. I am sure even Cristiano Ronaldo wouldn't have been Cristiano Ronaldo if he did not go to Real Madrid. but of course that is Cristiano Ronaldo I am talking about and this is not Cristiano Ronaldo Wink.

Regards

Duke
17  Bitcoin / Bitcoin Discussion / Re: Converting altcoin profits into Bitcoin? on: June 06, 2024, 03:52:43 PM
It is my first bull run but I wont be greedy - I constantly read how others whose first bull run was in 2021 did not take enough profit and how they spent last few years regretting it.

I plan to take profits gradually as the price goes up of each altcoin over the next 12 months.

Your plan is very good and very interesting, and it is always easier said than done. I have also heard and witnessed many people say that they will not be greedy, will restrain their greed, and be satisfied with what they have. But the result is that after the 2021 bull season ended, the bear season came and none of them made a profit, and even lost everything when they were too greedy and could not control their greed.
You have never been through bull season before and do not have any experience with it, you should remember that experience is something that cannot be learned through other people's stories.

I don't like to hear others promise and explain too much, I like their actions and especially the final results they achieve. So now we won't need to say too much or give a long explanation. I will wait for you to come back here and let us know whether you have completed your goal or not.

18  Bitcoin / Bitcoin Discussion / Re: What is bitcoin future roles in Finance? on: June 06, 2024, 03:33:03 PM
Considering how bitcoin might shape the future of finance, it’s potentially impact on traditional banking systems and regulatory challenges it’s may face

Bitcoin was created to be an alternative to fiat this is because people will always use the latter. If Bitcoin gains acceptance by the government and the transaction fees still remain low, more people might choose to use it more than fiat. So, it will be common to assume that traditional banks might face a reduction in transactions if using Bitcoin is faster and cheaper. We are already experiencing strict regulatory laws in many countries. The government will keep making laws that will increase KYC, thereby increasing centralization.
But is the idea of ​​bitcoin becoming a currency a reality when we only see it as an investment and not too many people consider it an alternative to fiat?
Do you think the government will agree and legalize it as an alternative currency while they cannot control it? Besides, how long do we have to wait for a real solution to make bitcoin's transaction fees cheaper and transaction speeds faster?
All of your “what if” ideas are highly unlikely and even impossible. We should look at reality and not talk about “what if” scenarios.

You are not far from the truth mate, it is clear that the idea of mass adoption of Bitcoin as a currency is not visible. Many people are comfortable with it as an investment. It is also obvious that the only reason institutional investors buy Bitcoin is not to use it as a currency but to make a profit. However all hope is not lost, most Bitcoiners still believe that there will be a time when Bitcoin will be used as a currency. Maybe the price might become less volatile in the future, making it popular as a means of payment. We also hope that transaction fees will be reduced and people will devise alternative means of using Bitcoin as a currency. The government will keep making laws to control the Bitcoin industry, however, some nations might not be as strict as others. There will always be Bitcoin-friendly nations where regulations will not be too strict. The dream of freely using Bitcoin as a decentralised currency globally might seem impossible, but it is still achievable.       



If we talk about hope, we all hope that bitcoin can become a legal currency in the future, but hope alone is not enough and does not mean that it will definitely happen. Like I said, let's look at reality, look at what's going on, and set achievable expectations instead of expectations based on our wishes. Just like many people always hope that bitcoin will reach 1 million USD in the upcoming bull season, but they only give unrealistic hopes and rely on their wishes without any basis to guarantee what they say. Do you think that will happen? Do you think bitcoin will hit $1 million during the bull season just because everyone is hoping it will?

Personally, I still don't see any good reason for a government to accept a currency they cannot control even if it becomes price stable. Because using decentralized currency will cause a lot of problems for the economy and it will be beyond their control. Unless they find a way to control bitcoin, but will bitcoin still be attractive when it loses decentralization?
19  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: June 05, 2024, 09:10:37 PM
This demand is due to the big name of the team he manages and the club's history of winning trophies almost every season. One of the big challenges that Kompany will face next season is the presence of Leverkusen, who have succeeded in becoming a big team after winning the Bundesliga trophy. Stuttgart have also shown extraordinary performance this season, Kompany must overcome this challenge if he doesn't want to suffer the same fate as Tuchel.

Incredible improvement forms Stuttgart.  hard to actually believe that this is the team that almost got relegated in the last season.  and in this season they have been able to finish in the second position,  ahead of Bayern Munich who have been winning the Bundesliga titles in the last 11 years.  actually both the first and the second positions of the Bundesliga this season have been Absolutely crazy. For years the Bundesliga title race has been pretty boring.  suddenly two teams that nobody expected to do anything special, emerged and showed some best performances in the Bundesliga that were ever seen in probably the last decade. 

the biggest question is,  at they going to be able to continue performing like this?  or was it just a one-off? A one season wonder?  I hope that they will be able to perform like this in the next season as well and the Bundesliga is not going to be boring.  finally, we can say that the Bundesliga is not boring anymore.

regards

duke
20  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: June 05, 2024, 08:45:47 PM
This is the question for us, if we think Victor Osimhen can't improve his talents at Napoli this season but the fact is that Osimhen succeeded in the last season 2022/2023 when he managed to bring Napoli to win the Serie A title and become the top scorer even though he played with the same squad and just with a different coach, so we can assume that Napoli need the right coach to take the glory. Apart from that Napoli is not a bad place to get a higher career the opportunity is always there as Atalanta did.

Indeed, it doesn't matter if Osimhen moves to achieve his career faster it's just that currently the situation is not possible he has 2 obstacles to moving to another club like the market price is too expensive and also its performance is not yet stable so he has to regain his performance next season then other teams will think his market price is suitable and appropriate, the conclusion is that Osimhen should stay at least for another season.
Victor Osimhen has been at his current club for a long time and he must not be satisfied with what he has achieved from this club because he has talent, he should change clubs and try to fully express his talent. I think he is doing very well in his current club but he can change clubs to see if he can do better for another club. Napoli is a very old club but in the same way as in the English Premier League or La Liga there is a spotlight but in the Italian League his team does not have that much spotlight. 

I think the time has come for him to make a decision because now some important decisions may take his career to another level. Instead of giving priority to money, one must prioritize where one's performance will be better and then decide to change his club.

I understand that a lot of people are saying Osimhen has been able to improve his skills and also improve as a player with Napoli in the past. Why would he not be able to do that in the future as well? We have to understand that maybe this is the maximum potential he can actually reach with Napoli. Just look at Mbappé. We all know that him going to Real Madrid is definitely going to increase his skills as a player and enhance his ability to play with the team. I highly doubt that he would have been able to build that with PSG. Because we all have seen what he does in the PSG squad. But maybe the case of Mbappé is a special one because he also had authority over other players in the squad. But we can easily relate that to Osimhen. Maybe if he does not go to another club, maybe another better one, how do we know if his improvement is going well or not? Don’t get me wrong. This can absolutely backfire like it happened with Lukaku when he went to the English Premier League from Serie A as well.

Regards

Duke
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