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July 15, 2024, 06:47:16 PM *
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1  Economy / Speculation / Re: Let's Hold Strong, Not Hope for a Drop! on: June 24, 2024, 11:27:34 PM
The capitulation of cryptocurrency miners is anticipated to play a significant role in the upcoming bitcoin surge. But how can we identify when miners have capitulated?
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What Are Your Thought on The Rise of Eastern Memecoins? on: June 24, 2024, 09:12:14 PM
I won't discourage anyone from investing in meme coins, as even experienced investors made mistakes with them in the last bull market due to their unpredictable nature. The key factors to consider with any meme coin are the people behind it, their influence, and the funds they have to drive its value up. However, it's likely that these backers hold large amounts of the coin, facilitating easy pump-and-dump schemes. Therefore, it’s prudent not to hold onto meme coins for too long.
3  Economy / Gambling discussion / Re: Thailand to Legalize Gambling To combat Illegal gambling or.... on: June 24, 2024, 08:42:04 PM
I believe that the legalization of gambling is more about regulating it. While I am not sure how severely gambling impacts national security, I think there are far worse issues to worry about. The government could generate significant revenue from gambling, as seen in other leading countries. They should also allow gambling advertisements across all possible channels.
4  Economy / Exchanges / Re: What if Most Centralized Exchanges are Banned? on: June 23, 2024, 04:28:55 PM
I believe that blaming centralized exchanges for attacks is often driven by a desire to share in their profits. Although it's uncomfortable to admit, all exchanges, to some extent, are involved in dubious money laundering activities. They make substantial profits from laundering and market manipulation, and as long as they pay their dues to regulators, they'll continue to operate without major issues. Decentralized exchanges have their own advantages, but they can't dominate the market because it's too large for them to handle alone.
5  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: June 23, 2024, 12:05:12 PM
I don't believe traders can completely avoid losses; it's all about having strategies to minimize them. Human psychology, particularly greed and the desire for more profit, is a significant factor. Controlling these emotions is challenging unless you have strong emotional management around money. Experience benefits everyone in business, regardless of the field
6  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🚀 [BOUNTY] |Sovryn - Brings DeFi to Bitcoin| $100k Pool in Token SOVRYN 🚀 on: June 22, 2024, 09:28:23 PM
s it the same Sovryn, and why aren't they using the previous bounty manager?The announcement the thread link is not leading anywhere
7  Economy / Speculation / Re: What to do when there is a continues DIP on: June 22, 2024, 07:48:06 PM
I see various perspectives on how investors respond to market dips. Their actions can be influenced by their experience, the current state of the market, and their financial situation. Regardless of these factors, buying during a dip is generally advantageous when it's clear the bull market is still ongoing
8  Economy / Speculation / Re: Road to 100k? on: June 21, 2024, 10:22:45 PM
When I get frustrated with the market, I turn to Willy Woo's tweets. His theories about the current market situation are intriguing. He predicts a delayed return of Bitcoin, expecting it to rebound only after weak miners are forced out and the hash rate recovers. According to him, we can expect more pain and boredom in the market before a breakout occurs.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ICO's make a comeback? on: June 21, 2024, 10:15:51 PM
I miss the excitement of ICOs; I long for their return. However, it seems unlikely that they will make a comeback because the market is now dominated by early investors who still have substantial funds. While the cryptocurrency market does need regulation, especially after the dramatic collapse of many ICOs, the market surge during that time was thrilling and money was more evenly distributed. Unfortunately, the subsequent bear market was so severe that almost 70% of the projects never recovered.
10  Economy / Economics / Re: Cryptocurrency should be insured and supported by goverment on: June 20, 2024, 08:09:25 PM
If the government insures Bitcoin then you lose custody of it. It means you are giving up your freedom. Government insuring Bitcoin is equal to regulation and control do you want that? If you do then just go ahead, call your broker and buy some Bitcoin EFT from Black Rock. The government is like the "Devil" in the religious stories, he gives you security with his right hand and takes your freedom with his left hand.

FYI- Trump isn't going to do jack.
I don't believe the government can control something they don't possess. Many investors, exchanges, and organizations have more Bitcoin than most governments. I think the financial structure of Bitcoin shouldn't mirror the existing banking system. It's better to leave it as it is for now.
11  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 20, 2024, 07:39:59 PM
I feel sorry for England in this tournament. They're likely to face a surprising early exit. Although they believe they've had similar starts in the past and managed to turn things around, I think they're underperforming and struggling, especially against opponents who aren't expected to pose much of a challenge
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero vs Bitcoin - Price charts for the last month looking very good on: June 18, 2024, 11:35:01 PM
Comparing Bitcoin with other cryptocurrencies since the inception of cryptocurrency is a distraction. None of these coins have demonstrated superiority over Bitcoin, not even Ethereum despite its position on CoinMarketCap. Monero, with its special use case as a privacy coin, continues to be utilized regardless of market conditions. It remains listed on many top exchanges and is not intended to compete with Bitcoin.
13  Bitcoin / Bitcoin Discussion / Re: Habitat for Humanity International accepting BTC for donations on: June 18, 2024, 11:22:33 PM

https://www.habitat.org/support/cryptocurrency-donations
It's now official, Habitat for Humanity International is accepting Bitcoin and other crypto as donations. So for those who have supported this non profit organization and you are a Bitcoin enthusiast, then this is another way to bring you donations in.
Donations can differ and might include one-time Bitcoin contributions. I advocate for using Bitcoin in both bear and bull markets. I've observed many instances of adoption during bullish markets, which often change during bearish periods. The focus tends to be on promoting cryptocurrency news during bull markets.
14  Bitcoin / Bitcoin Discussion / Re: Can we really fix the money @bitcoin on: June 17, 2024, 09:54:39 PM
I believe the adoption of Bitcoin remains low because it isn't widely used for transactions in the developed world, contrary to earlier expectations. I support the use of stablecoins, but the challenges they have faced in recent years suggest they might struggle with adoption as well.
15  Other / Beginners & Help / Re: How do the newbies gain the highily professional knowledge in the forum on: June 17, 2024, 09:44:46 PM

A newbie should be open-minded and eager to learn. They should read as much as possible in the forum and ask questions. It's encouraging that people are always willing to answer genuine inquiries, and there are fewer bullies in the forum than before. If you can't find an answer after searching the internet, come here to ask, members are happy to help for free. One thing I miss about new startups is how members used to share their discoveries about each project, especially when there were potential scams. Unfortunately, that's not as common anymore.
16  Economy / Speculation / Re: Bitcoin Bullish period and advantage. on: June 16, 2024, 11:46:07 PM
The reality people who buy Bitcoin at the dip and sell during bullish is better than DCA and holding.

From the past 4 years, if someone can buy and sell at the right time, they can at least earn 12x since the price on 2020 was $5K and now it's $70K. If they're DCA-ing Bitcoin from 2020, they're only earn 2x-3x.

Trader is better than investor, everyone can become investor, but not everyone can become trader.
My perspective on Bitcoin is that you can always make a profit within four years, regardless of the purchase price, even if you buy at the previous all-time high. If the market stops delivering on this expectation, it might signal that it's no longer a viable investment.
17  Economy / Speculation / Re: After the dip in crypto, when are we expecting ath? on: June 16, 2024, 11:36:21 PM
Like every other time in the past, when I see altcoins dipping for an extended period, I start to worry and check charts for previous market trends. Currently, some altcoins are experiencing significant drops, making me doubt if they will recover. This constant fear makes it hard to look at the market without anxiety. However, for projects listed on strong exchanges, I believe the dumps might be intentional to attract new investor
18  Bitcoin / Bitcoin Discussion / Re: how much do you love bitcoins? on: June 16, 2024, 07:58:36 PM
Sometimes, when I enthusiastically talk about purchasing altcoins, people assume I don't like Bitcoin. In reality, I believe the timing for investing in altcoins and Bitcoin differs. Bitcoin tends to perform better in the early stages of the market, especially during a bear market. Currently, it's an optimal time to invest in new and undervalued coins. Bitcoin remains the leader in the crypto market and sets the tone for market speculation.
19  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 15, 2024, 11:38:18 PM
There seem to be a lot of goals in the tournament so far. I'm rooting for Germany and Portugal to make it to the final. The key to success for these teams is their strong teamwork, which they've demonstrated in the past.
I am shocked just as you are, and don't get me wrong but this goal ratio is just so alarming for me and that's why am a bit shocked I mean it's just 4-5 games played and the goals scored in these fixtures is just something else I mean I can't believe that the goals will start coming so early like this and for the teams I support I think France is one of my stronghold as I feel they can replicate their success and make their way to the finals.
I might be underestimating France due to their recent performances and the lack of standout players in top European teams. They also need a leader with experience as a captain or in similar roles on a top team. After one or two games, I'll reassess their potential for the tournament. So far, Germany is not looking bad, especially with a mix of experienced players and new talent.
20  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 15, 2024, 08:59:13 PM
There seem to be a lot of goals in the tournament so far. I'm rooting for Germany and Portugal to make it to the final. The key to success for these teams is their strong teamwork, which they've demonstrated in the past.
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