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1681  Economy / Speculation / Re: Is Bitcoin bull market back on: August 03, 2021, 09:18:47 AM
over the weekend bitcoin recovered back to $34K after going below $30k and early this money the market jumped to above $38k breaking the $35k market bench mark, a move that many will see as a bull market movement. am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
what are your takes on the current bitcoin market movement.
I think bull market is back on track. When Bitcoin drops up to 29k$ I thought that was the start of the bear market but after dropping to 29k$ the price is slowly rising up to 40k$ so I think we are in bull market because the price is rising, and maybe it will continue to rise in the next few days.
Even the market will keep on the $30k price range, for me, I'm still considering the situation is bullish. But to talk about another ATH before the year-end, that seems impossible. I mean, we're done with a tremendous bullish season early this year, and base on the previous Bullrun it hasn't seen as we run for two sets of ATH in one year after hitting the peak. Nevertheless, everything is unpredictable and we know that the market looks different from what is shown in the past years.
Market behaviour hasn't changed much, only the growth percentage have varied and the same reflects on the price of bitcoin. The cyclic pattern of growth is happening with the market. I'm not that good with price prediction. Based on experts who study the chart in a better way hasn't mentioned of a sure bull market based on the 50 days moving average. There is more chance of Market to fluctuate within $35k to $45k for a long time.
1682  Economy / Gambling discussion / Re: 💰 Summer Tokyo 2020 💰 Discussion and bet thread 💰 Summer Game 💰 on: August 03, 2021, 07:37:21 AM
What made the second gold more memorable was that the Italian shared the gold with the Qatari and both were so happy (you should see the video).

I love this kind of sportsmanship so much:)

This attitude and sportsmanship was fantastic. This shows the greatness of the Olympic games by allowing this behavior.

And what also made the Italian player more emotional was the fact that if the Olympics had really happened last year he would not have participated, because of a foot problem. In this case he has to thank the late games.

there are some unpleasant comments about this on youtube...

some people who think negatively say that they actually don't want to give up and don't want to repeat because they are tired and the chances of winning are getting smaller if the decisive jump is made.

I don't care about their response, of course I salute the two athletes who are willing to share the gold podium
Similar incidents have happened several times in Olympics. This time it is something special, because the medals were shared between two friends. After the ceremony Tamberi mentioned Barshim as his friend since 2010. In an world championship meet both became friends. Few years back Tamberi had attended the wedding of Barshim. Now both has shared the medal shows the value of friendship and true sportsmanship.
1683  Economy / Economics / Re: The slave does not dream of freedom, but of being the slave-master on: August 03, 2021, 06:29:37 AM
Everyone state themselves independent, but there is dependence. This dependence is the reason for the existence of different forms of opportunity. When our need increases, automatically we look for the better opportunity. In the modern society people are making themselves adoptive to situation to survive. Very few are passionate and following their dreams. Though we do the job that we don't like, at some point we'll be mastering it. With cryptocurrency we've got more masters, but people are in need. This is what makes path for existence of more cryptocurrency.
1684  Bitcoin / Bitcoin Discussion / Re: What is the most optimistic result of Bitcoin? on: August 03, 2021, 05:32:42 AM
People know how to deal with risks and how to manage their assets effectively. Nowadays, it is essential for an individual to secure his future and adopt the things that is evolving around him.

I'm proud and I believe that bitcoin can do more to us, bitcoin prove many things that will make people to also adopt it.

The most optimistic result of bitcoin for me is that it provides me financial freedom that I can't have in other currencies.
Providing financial freedom is truly the most favorable outcome of the bitcoin. People had only one choice for usage before the existence of cryptocurrency, that is the traditional fiat. Now traditional fiat has got the digital form which has made people use them over crypto for its reduced withdrawal fee. Most favorable result out of my view is the anywhere access and it's growth in very short time period.
1685  Bitcoin / Bitcoin Discussion / Re: The more popular Bitcoin is, the more valuable it is? on: August 03, 2021, 03:50:49 AM
Everything has got its evolution. Bitcoin as a payment gateway have turned as a transaction medium, which further got importance as an investment. In the meantime it is used on gambling and for other purposes. So, it has evolved as an alternate to the traditional fiat used around the world.

As the popularity increases, automatically the demand increases which results in the increasing usage on all forms. This way some companies have opted to pay in terms of bitcoin to its employees based on their acceptance.
1686  Economy / Gambling discussion / Re: Olympics 2020/2021 : Discussion & Predictions on: August 03, 2021, 12:38:12 AM
I think USA and China has got good set of coach and the perfect infrastructure for the players to train themselves. Because, USA is less populated which makes it somewhat easy to find the right person. In a country like China, among the big population it is hard to find the right player. But they've managed to do it well and making history. Same time a country with similar position has won just two medals. This means, is the country lacking infrastructure or it is the defect in selecting the right person.
1687  Economy / Gambling / Re: Stake.com - Watford FC Main Partner - UFC Betting Partner - $1M Race II ⚽ 🥊 on: August 02, 2021, 11:44:05 PM
Is there something big going on in Stake currently? I did a quick visit and shocked to see the number of online users which is more than 43k then it dropped significantly to 35k in less than 2 minutes. I have never seen such huge number before, even when there was a big event like the weekly stream and weekly raffle.
Most probably it was a DDOS attack on Stake server. The attackers created fake traffic on the site, as a result it showed a huge number of online users. Nowadays 5k-7k active user is a common thing at Stake. And it goes around 10k-12k level during weekly boost and other special bonus time. However, user activity has increased significantly at the site. Three months ago Stake.com global rank was above 9k. Now they are staying at 4.4k level.


This has happened as a result of legitimate service and through the different forms of contest that can never be seen on any other gambling site. Reaching a global rank around 4400 isn't an easy think compared to the millions of websites available for different purposes. Also this has been achieved in a very short time period through brand ambassadors who had does big role in making it popular.
1688  Economy / Gambling discussion / Re: Cryptocurrencies price and their effect on gambling industry on: August 02, 2021, 10:42:02 PM
The gambling industry have grown good along with the rise in the price of bitcoin. Myself state this based on the rise in circulation and increase in the number of online gambling sites with cryptocurrency acceptance. When the price was low myself preferred spending in USD equivalent to bitcoin that had specific value. Now also I'm following the same. Earlier betting 0.1BTC is possible, now I can only dream of it.
1689  Bitcoin / Bitcoin Discussion / Re: What do you think will happen to Bitcoin in 100 years? on: August 02, 2021, 06:37:39 PM
People used to have a comparison of bitcoin along with gold. In my understanding gold has got years and years of history, through the same it has gained its value. Maybe similar thing can happen with bitcoin. Now we're in the very early days. I'm sure it'll grow in a sustained manner, which probably makes more of the gold investors give importance to bitcoin.
1690  Economy / Economics / Re: New Jersey Pension Invested $7M in Bitcoin Mining on: August 02, 2021, 05:52:10 PM
Thats a big step forward investing into two companies, that too with a big sum of money. This move is really profiting, and the positive note out of this decision will surely make more other pension funds to be invested on cryptocurrency related ventures.

This will benefit the pension fund to grow and the same will benefit the pensioners as well. I find more good about it, than keeping the large funds idle. The risk is high, but the same is generating good money as they're trying to play a secure move in the market.
1691  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin solve the world's debt problem on: August 02, 2021, 04:59:40 PM
It won't solve the debt problem of the entire world, but it has got the ability to solve the debt problem of countries. This means the country that adopts the usage of bitcoin will be benefited good out of it.

Bulgaria is the country that holds more number of bitcoins. The volume of bitcoin holding is found high than that of the gold reserve. It was said that Bulgaria can go debt free if it's entire bitcoin holdings were used. Now the worth of its holdings might've grown much high.
1692  Bitcoin / Bitcoin Discussion / Re: Could crypto replace government? on: August 01, 2021, 12:33:52 AM
Maybe a perfect voting system can be developed through the blockchain. The government can't be run by the platform. Then whats the difference between a smart contract and human beings. Already few countries have begun to use the blockchain technology for the voting purpose. Estonia is one among the country that has developed it. Maybe similar kind of development happen around the globe in the future. E-governance is possible through the smart contract, but not the government.
1693  Economy / Gambling discussion / Re: Are you a gambler? on: July 28, 2021, 11:22:37 PM
when i do first gamble then i do find out myself to be that impulsive and i cant control myself when it comes to finances. Thats why i do really make out decision on not to touch up gambling anymore because im aware that it would really be giving me out some problems in the future
Are you no longer a gambler, now?
Deciding to stop gambling is an individual choice, but remember the problem comes from yourself, not from the gambling itself. You said that you cannot control yourself and probably you spent your daily funds on gambling, so your finances become worse. Actually, you can learn how to control yourself and gambling may be a good place to exercise it. However, you are the only one who knows yourself well. If you think it will harm and be very difficult to control yourself in gambling, you can decide to stop.
Well, I hate quitters but if you think that it is the best choice it is up to you, that is your money, your decision. Just try to set up yourself how to learn to be contented and gamble of what you can afford, in gambling there is a lot of fun that you can enjoy during break time or you are at home while taking a rest right after the whole day work. That was the reason I can not leave gambling especially poker, while you gamble you can talk to your opponent too in if in online you can hang on for a while in the chat room. I think there is no problem in gambling, it is you --yourself.
Everyone can't be the same. For you it is for fun and to spend your time. People easily get greed and fall for it. The self control of people gets triggered in no time when there is continuous win. If one has the understanding and spends what he afford to loss, then gambling will never have any negative impact over one's life. Truly its is us the people who out of control give it a bad image.
1694  Economy / Economics / Re: The first rule of investing is saving on: July 28, 2021, 01:59:15 PM
If you only save though, it wouldn't help because if you are a conventional type of saving then you aren't protected against inflation, on the other hand, I think that saving money on banks and slowly investing money at the same time is a much better idea.

When investing, of course we need our financial security, it's too risky to invest in bitcoin when our finances are only enough for a month's needs, if we calculate the need is enough for a year and we invest in bitcoin then it will make us not panic when the price drops.
Investing the excess amount is a good choice and the risk free way of investing. With bitcoin and other cryptocurrencies we don't know what will be the direction of the market. There is assured growth, but when we're in need the market might be bearish. To this we should have the ability to hold when the market is at the bottom or the capital to buy more.

This is how investments turn to be risky as well as leads to massive losses. Having a clear plan to allocate fund for our living and investing the rest will make it a healthy way of growing the funds.
1695  Bitcoin / Bitcoin Discussion / Re: Better than "GOLD" for criminals, BTC is easier to steal; Easier to scam; on: July 28, 2021, 12:28:52 PM
This will always be a convenient material of all time, being a weakness of Bitcoin.
However, in every weakness, don't we also have to balance it by looking at the advantages offered by Bitcoin?
There are many other advantages possessed by Bitcoin compared to Gold or others.
And if it has succeeded and there has been mass adoption throughout the country, BTC can also be used as a global payment very easily, and now it has been valid. Not only that, investment in Bitcoin is also more tempting right? High Risks, High Profits here. So, let's start from ourselves, not only bitcoin but also all things, fiat money, and alin so on can also be misused for the actions of Criminals. Therefore, we will determine what Bitcoin is. Don't just judge what people are misused by people.

Are you saying that Bitcoin lacking materiality is a weakness of Bitcoin? I would argue the opposite way and say that Bitcoin being immaterial is the strongest property Bitcoin has. It gives Bitcoin unlimited mobility, almost unlimited divisibility, and many other positive characteristics that Gold never can achieve or obtain.
Whats been said about bitcoin is an acceptable statement. Being immaterial by its development has given more easier accessibility or the global market. The same is now possible with gold as well, because when something is digitised automatically it gets the ease of access. In terms of divisibility bitcoin has an upper hand against gold, because gold has the milligrams as the lowest denomination.

Scamming and ease of crime/stealing of gold too is happening around, but those being materialistic there is some form of physical work being done whereas with the stealing of cryptocurrencies the brain work is the key. Whether it is gold or bitcoin, it all depends on the way we keep it secure.
1696  Economy / Services / Re: [Looking for] Oxygen concentrators on: July 28, 2021, 09:58:40 AM
Portableoxygen and more similar google search results gives access for buying oxygen concentrators. Amazon UK have different products, you can check with Amazon and request your relative to order respective product through single day delivery option. This way you can get the product through your relative who starts his/her journey to your country by this friday.
1697  Economy / Gambling discussion / Re: Anything like excess gambling on: July 28, 2021, 08:20:40 AM
Anything beyond our ability is excess gambling. We gamble with the hope of winning big, but slowly we'll understand it is true with the lucky people and not for all. People easily get addicted when they focus much into gambling for their earnings.

Most of the time gamblers who doesn't take money as an account for gambling wins. This is all because of the fearless way of betting which isn't possible with the small gamblers. Myself have experienced fearful excessive gambling at different occasions and sometimes I don't even sleep thinking of the loses.
1698  Economy / Gambling discussion / Re: Gambling ombudsman - do you feel protected? on: July 28, 2021, 07:32:23 AM
Gambling ombudsman sounds good if they will play it fair and square, because there is a chance that they would always go for the gambling site or casinos instead of protecting the players because of money and power, if that's the case, then what's the point of having a Gambling ombudsman.
Therefore I don't think it's needed, because a good gambling sites and casinos will surely give you a good service for you to stick on their platform.

I don't see the good sides of this idea, even in an ideal case. What is the point of inventing an additional official for a particular industry? There are already services that should solve all problems and punish fraudsters - the police, the prosecutor's office, the court, etc. Maybe it’s worth making them work better than coming up with new positions?

It is likely that the police won't give a damn about your losses on a foreign casino that uses bitcoins. I agree in spirit, they should listen to you and solve the problem you are facing because you are paying their salaries with your taxes but then on the other hand there are too many of those fools that get scammed every day. You can't expect the limited police force to help every damn retard there is.

You can't protect people from their own stupidity.

I think people need more and better schools instead of more police.
Even now educated people are easily getting scammed. In real-time myself experienced an incident. It is something like gambling. A well educated and retired employee was contacted by a well known person. He has said for $1000 you pay in advance we'll pay $10000 in a month. This way out of belief and trust over the person he had given $20000. Days passed nothing came back. Finally understood he had made fool of him. Now he is in a situation unable to complaint/contact police, because he don't have any document to state he gave money to him. Another thing if he go complaint, then the incident will come to light. This will create bad image to this person, because he had got good name in the society.

Now lost is lost forever, so better is to have prior understanding and analysis before depositing. Education is must along with the real life examples. Only then people will try to stand away from scam approaches.
1699  Economy / Gambling / Re: Stake.com - Watford FC Main Partner - UFC Betting Partner - $1M Race II ⚽ 🥊 on: July 28, 2021, 06:30:17 AM
Their is a bonus drop in stake telegram channel, if you have made any sports bet in the last 30 days you're eligible to redeem it. Check it before disappear it. Take action, and grab the free money  Wink

You posted this 5sec before the "- Claim within 60 minutes" were over, haha.

Anyway, those drops are mostly 1 or 2$, not worth the hassle.
We can't conclude those were not worth the hassle, because $1 bets have turned to be thousands on different slot games. Maybe the bet value is small, but for the one with luck the same $1 can turn to $1000 or even $10000 in a single bet. We can't say every user who've claimed the bonus were lucky, but for the small gamblers this looks to be a big amount.
1700  Economy / Gambling discussion / Re: Motivated by "breaking the code" on: July 28, 2021, 05:41:26 AM
When one is new to gambling and has made some fortune or made good wins will be having this kind of mentality. This is common, because we think we can make continued win and turn millionaires and so on. Only after days of gambling and losing we'll understand it isn't an easy thing to break the code or to win against the house edge.

There are gamblers who have made millions with tricks and studying the script thats been used on particular slot games.
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