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1801  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think crypto prices will collapse further tomorrow? on: November 28, 2021, 09:16:20 PM
I would say it is not looking great, being finally under 55k seems to be doing a trick on everyone right now. However I am not that desperate neither, I feel like it is totally possible to get better as well. Hopefully we will do a lot better in the future, but right now it could get a bit worse first.

Let's wait it out, we all know that bitcoin could have bad days but then it will get better, it has always been that way and I believe the same will happen now as well. Sure it could get a lot worse, who knows maybe go down even under 40k, but we also know that 70k+ will come as well, even 100k+ will come. Sure maybe it won't be right around now but it will surely happen. This is why even though I am not hopeful about the near future, I am quite hopeful about the long term. That is how I can sustain a bit of a relaxation even when prices crash like this.
1802  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron could be next doge or ada? on: November 28, 2021, 06:05:46 PM
It "should" have been already, in fact Doge or ADA should have been "next tron". Why? Because, Tron started a smart contract world where people could have things on their network way before any other one did and for some reason we never really had anything resembling an increase during that period. That doesn't mean that we can't really have anything good in their future but it is obvious that they should have been a lot better beforehand. Now? Now I am not so sure, it looks like they are doing fine for now and they are not suddenly a shitcoin, but that doesn't mean that they are really good neither.

If they could convince projects to be on their smart contract which means nearly free fee so it should be easy, they could go up. However, if they keep on failing to attract more projects into their ecosystem then it is not going to be easy at all.
1803  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT is an curiously space on: November 27, 2021, 10:08:41 PM
I believe social media profile pictures are not really the key demographic here. I know that people are using it that way right now but how many people are interested in NFT's and how many of them have twitter accounts and how many of them buy it just so they could use it for twitter pp? I am not saying it is zero, but the number is not so huge and millions of dollars are not spent just so people could use it for twitter pp.

This means that we are in a situation where NFT could be used for many things, surely games are a big reason but looking at the top collections most of them are there because of hype and rarity. If you have a great cryptopunks then you are going to be rich, if you have a rare one, you are going to be wealthy. This is what I believe to be true and I honestly hope that people will realize there are more than one reason to buy NFT's.
1804  Alternate cryptocurrencies / Speculation (Altcoins) / Re: About NFT on: November 26, 2021, 10:30:51 AM
Anyone who invests into NFT just because they believe it is "NFT" and that’s it, literally that’s it, then they are going to lose a lot of money. They see some stuff and they thing just because it is NFT then it should be worth more in the future and buy it. I get that we had some situations where people got lucky and they minted something from fresh for under 1k and then they sold it for hundreds of thousands of dollars but that was very rare and it is not going to happen once again.

I hope that people realize prices of NFT's will not all go up no matter what you are buying, only select few collections are like that and not all of them. I personally do not buy too many NFT, have only a few and I didn't buy them because I was after some profit, I bought them because I liked the art and I wanted to own them, that’s it, I do not plan on selling it and if you ask me nobody should pay a lot for this, I bought it for cheap as well and it should stay cheap, it is just "feel good" thing for me and nothing to do with financial part of it.
1805  Economy / Services / Re: [Re-Open][Signature Campaign] Crosswise Finance | Legendary & Hero |$85 Per Week on: November 25, 2021, 06:54:17 PM
Bitcointalk Username:  beerlover
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1806  Economy / Trading Discussion / Re: Trading and it uncertainties on: November 22, 2021, 07:19:37 PM
Also, accept the fact that once you execute the trade, there's always a chance that the price will go up afterwards. You can never tell the movement of the market. So if you are in profit, just be grateful that you are in the positive side but if not, you have other chances to get it back. Because once you completed your order, you can't reverse it, so you need to move on and not regret with your past action. I believe everyone experienced that even the long timers or so-called trading experts.
Market will always move after you sell, it could be down or it could be up but it will always move, you can't expect the market to stay still until you get back in once again whenever you feel like it, or just drop after each time you sell so you could buy exact amount of bitcoin again but for cheaper.

It means there will be times when people sell and the price will go up, it doesn't happen once in a while neither because bitcoin is something that goes up in the long term so you could sell during that period as well. This means we are going to sell at times when it goes up 100% guaranteed, as long as you are a trader in crypto, that is a thing you need to get used to. I am hoping that we will get to live in a world where we always make the right trades but let's be honest there is no way that we will make profit at all times, sometimes we will even lose money let alone not earn max amount.
1807  Alternate cryptocurrencies / Altcoin Discussion / Re: what you worst experience on crypto. on: November 22, 2021, 06:11:47 PM
Almost everyone have had one or more experiences at first that was quite bad, and served as an eye-opener for them. I did have one really bad experience when I was still starting in the cryptocurrency world, and it taught me a lot and opened my eyes, and all I needed was that one experience to make wise up.

When I was a newbie I didn’t really get how the system works and I was still trying to understand cryptocurrency and how I would go about it, because I had no one to teach me, I just came across bitcoin on article online and I felt it was quite an interesting thing to be part of, so I did without the help of anyone there to guide me. I ended up being scammed once, and lost all the money I had invested at first while I was trying to sell my coins. That served as an eye-opener indeed, and I became really wise till date and never fell for any other scam.
1808  Economy / Economics / Re: Are we in a bear trap? on: November 22, 2021, 03:29:32 PM
Is the trap game over and we lost the 55k buying opportunity? Or should I wait for much lower value of btc to get an entry? I am still confused about that MtGox releasing their customers' btc tomorrow, which is making my nerves go wild when I think of what may happen.
Yeah, it seemed like mt.gox did not release lots of BTCs or traders who got refund probably did not opt for dumping right away; they might have decided to hold after seeing bitcoin prices roaring compared what they have seen in 2013/2014. Usually in trading terminology, I have seen bull-trap more frequently but I could not recall that I have ever come across the term "bear trap". This is may be due to "recovery" is only frequently happening in BTC market and not common on most other markets.

By considering the way how bitcoin market have recovered from the recent correction, I am also feeling like we may not get back to $55k levels any more. As of now bitcoin market is struggling to break the the resistance around $60k levels which might happen this weekend's last session.
I would assume that MT.GOX deal would have made a lot more news if it was true, I always assumed that it was just gossip and nothing more. I did not see any official statement from the trustee as well (the group that holds most btc that needs to pay the people back) so it wasn't a valid point anyway.

However, the drop was basically a correction, we reached to a level where people could sell and take profit and with them selling it made some liquidity because people with high leverages got liquidated and that turned their btc into USDT to pay, and that resulted with more selling. After that was just panic selling by some people and we stopped. Now we are recovering because all of that is done, now we are getting back on track and we are going to be doing fine for sure. I hope that the price rises through 60k again and this time around I am expecting 70k to come.
1809  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Solid Altcoins you suggest should not be in Top 100. on: November 22, 2021, 01:02:47 PM
You probably want to hold a shit bag of coins if you buy those under valued coin without doing some research. And afaik most altcoins that doesn't have any market activity will going to die soon. Which means that most investors would dump the price until no one's left and soon exchanges will delist those coins and you will probably gonna be holding a shitcoin.

So, what's your point, anyway? What would you do with those coins assuming you did invest some of those coins mentioned above me, are you going to just hold it for a long time?
Honestly I have a friend like this Cheesy. He already has good high level coins like BTC-ETH-BNB and whatever, all those the ones we know and like. He made a great profit in few things and he doesn't really "need" money because he has real estate. Sure he needs a bit because he likes to not spend too much from his business income so that he could reinvest that back into his business and grow it.

However he also knows that he will not get bankrupted with the crypto investments, he doesn't put more money into it, he just deals with whatever he already has. This gives him a room to buy all the coins he wants, it could be as much of a shitcoin as it gets and he buys it as soon as it releases so he could sell a few hours later before everyone gets out. He holds maybe at least a few dozen shitcoins that went to near zero and he doesn't stop neither, he still does it Cheesy. Weird guy, but some people likes it I guess.
1810  Economy / Trading Discussion / Re: Dont get sad over what could have been on: November 21, 2021, 10:16:04 PM
What we can't really underestimate here is that the power of regret could cripple your future as well. The great quote "Yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present." is a great thing to live by. If you keep on talking about the past and what you have missed and all that then there is really nothing you could do about the future, it is just not something that you could do and move on with that in your mind.

So, what you need to do is act as if that's learning experience cost and how you could end up losing money but gaining a future and be hopeful about what you could have. This is the only approach you could have that would help you, otherwise it is going to hurt you a lot. I am sure that people could talk about how they could find gems even in the biggest losses may help people realize what they have found so far as well.
1811  Economy / Trading Discussion / Re: Btc price sideways not what the traders want on: November 21, 2021, 09:44:54 PM
The trader is pulling up and down their favorite coins and if you are a trader and cant decide on the market trend better to wait for the proper signal than have the risk on it. Some people make a trade with this small movement and they put some leverage so even though it's just a small amount of trade but the higher the leverage the higher the chance of profit. If you are having doubt with the sideways wait for the right time this is the reason why we have our technical indicators to give a hint or early signals.
I would say that trying to make a bit of an action with these small gains is a very risky business because it could always drop as well, we do not know what it will do and how it could be reflected into the leveraged trades as well.

If you do a very high leverage for these small movements, it could very well be a small drop when you are long or a small increase when you are short and could hurt you a lot. Leverage during big times is even riskier but at least it makes sense, you are doing something that is beneficial for you at a level where you gain a lot of profit. Small movements are both risky but also even with leverage doesn't justify the risk you are taking.
1812  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When TRON (TRX) will be pump on: November 21, 2021, 09:20:42 PM
Tron has been silent for a long time, and with having smart contracts they have been far ahead of ADA for so long and it is nearly free as well, or at least free until a huge amount so it is definitely cheaper than most as well. Even with all of that it still didn't get too much love, so I do not know if I would be willing to really invest into it. To me Tron is a failed project that will never pick up and be awesome, it will be decent but I doubt it would ever be awesome, it will not crack into top 5 for sure.

However, I never imagined ADA to be ever this high neither, certainly not before when there was a reason to increase neither, but it did and then it failed and people still feel like they deserve a second chance, which is why I honestly do not believe that we should be giving them a second chance but this doesn't reflect the fact that Tron never even got one chance and probably won't neither.
1813  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Polygon (MATIC) to $20? on: November 21, 2021, 08:45:05 PM
I guess it is just a 10x-12x increase to reach those levels, nothing too shocking, even a 15x wouldn't be weird. However I am not saying this because I believe in MATIC at all, this has nothing to do with MATIC. The fact that it only needs a bit over 10x increase means that when a bull rush comes in then things around it will go up that much as well and it wouldn't really be a weird one.

I am not saying that it is impossible for MATIC to have a decent future, I am sure it could have a decent future as well, all I am saying is that it is not really possible to go up that easily versus everyone else and get high rank once again. It is just a very hard period to get hyped and then fail and go down in rankings and then climb back up again so quickly, it is probably unlikely. In any case I have to say it is going to be a bit of a challenge but with a huge bull rush that increases everything, then 20 bucks for matic is possible as well.
1814  Economy / Economics / Re: Legalization and Standardization of Organ Donation on: November 21, 2021, 05:15:40 PM
Where you said that the organs should be recorded and people should be paid without any form of examination to know their health status or that there shouldn’t be any form of lifestyle restrictions, is that really a good idea? So, what if the person is living a kind of reckless lifestyle that will affect the particular organ that will be needed later on? And maybe when they die, it happens that the organ is no longer in good condition to be used for the transplant, is it not going to be a huge loss for the company and those that needed the organ transplant?

So, do you think that is a good idea, or don’t you think that there should be an examination to know whether the organ is really in good condition before a payment is to be made to the person upfront?
1815  Economy / Economics / Re: Inflation is always and everywhere a monetary phenomenon -- Milton Friedman on: November 20, 2021, 10:18:39 PM
In times of high or galloping inflation, people are looking for options as quickly as possible to convert the hourly depreciating paper into a stable currency or other financial instrument. I watched the period of inflation in our country in the 90s. The first thing everyone did after receiving their wages was to convert everything into dollars, German marks, British pounds. Those who had more money bought gold in banks and other similar assets. The poorest - yes, they bought canned food, crackers, cereals, pasta, salt, sugar ... After a couple of years, when everything stabilized, the first two groups had highly liquid savings, and the poor went to throw out tons of expired canned food and moldy cereals ...
We have the same thing here as well. However that is getting lower and lower because people are turning it into crypto right away instead of other fiats. It does make sense, why would you want to keep something in fiat that will devalue insanely quickly, most people in other nations that have stable fiats can't even imagine it.

Imagine a world where what you buy for 100 dollars today will be 150 dollars in a year, yes 50% inflation and that is real all around the world. Unfortunately most money is collected in Europe and USA for retail investors (Asia has rich people but not rich population usually) and that means they do not understand the point of bitcoin as well as we do.

I keep my money in crypto so that in 10 years when our money is devalued and bitcoin increased that would mean that I will be an insanely rich person. Not because I made some super smart investment but because fiat always gets devalued around here.
1816  Economy / Economics / Re: crypto for the development of local farmers...can.....? on: November 20, 2021, 09:42:05 PM
And some of those offering the topic "cryptocurrency will save farmers" can explain
1. The main problems of today's farming
2. How exactly (step by step, with an explanation of what will happen, what is the purpose of each step) will this scheme work,
3. what are the key advantages of blockchain, in this case, the farmer will receive (preferably with an example).
It's just that, knowing, for example, the problems of modern farmers in our country, I can say that the only real application of the blockchain is maintaining an inventory of land plots so that they cannot be manipulated. Everything else is just money, and only agricultural technologies.
Technology improved a lot but farming tech didn't improve fast enough. That is the biggest issue, sure there are better tractors and all but most of them are under one companies power and that company doesn't let you fix it so they end up charging a lot, this is US farmers problem and there are technological problems in most nations as well. We need to not only change the way we farm but we need to add a lot more tech to it to make it more efficient. Farmer numbers dropped a lot as well, lands got sold and built new homes on those lands, at least in my nation that is like that. Most farmers kids studied in college and want to get a white collar job too.

So, we have less people, less land, less efficiency. How do we solve this? We need to grow the support for vertical farming, build business around it, and get botanists to become farmers in warehouses instead of lands. Crypto "may" help with blockchain instead of coins directly, but it is not a rush.
1817  Economy / Speculation / Re: How far will Bitcoin price correct? on: November 20, 2021, 06:00:01 PM
We stay above $50,000 until next year is healthy correction for me, even we will not create another new all-time high until end of this year, it's all good.
I am not seeing any big negative news are coming out but some government are heading up about their neutral stand against cryptocurrencies still we are having bear dominance in bitcoin markets. If this current correction is just because of profit booking then I believe we do not need to worry about closing below $50k levels. I am well aware of the importance of closing price on monthly candle hence hopefully we will get back above $60k price levels before end of this month.

Today market tried and failed to break resistance around $59k levels which might lead to another round of correction up to $57k before we see bulls get back to dominate.
1818  Economy / Speculation / Re: Buying the Deep (Bitcoin). on: November 19, 2021, 09:18:06 PM
It could go down a whole lot more from here and it would be fine, do not get worried just because the price is falling. I get that people could be getting worried about these type of things but in reality we are not really doing that bad.

Remember we were 30k just a few months ago and spent like 3 or even maybe 4 months there and now we are talking about dropping under 60k for the first time in a while. Just focus on the drop being a correction and how there will be recovery and you will feel better. Buy the dip as much as you can, and just stay still. If you get panic and sell your coins just because it is falling then you are going to end up being quite upset when it recovers.
1819  Alternate cryptocurrencies / Altcoin Discussion / Re: Play-to-Earn games on ETH: What's the catch? on: November 19, 2021, 08:16:56 PM
Anything that advertises easy cash and quick riches will always catch the eye of youngsters. How else do youngsters get clued to cryptocurrencies if not the hype in the quick ROI they promise. P2E is the rave of the moment and highlighting NTFs and Metaverse. It's a good one anyway, even when we take into consideration that one plays the game in relaxation to ease off stress and at the same time earn. However, I for one don't like any transaction that has to do with Ethereum because of the exorbitant fees in transactions. I won't be involved in any of such as it stands, to be honest.
I would say that there are a lot of play to earn games on ETH which looks like "easy cash, get rich quick" but the reality is that there are actually some of them manage to pull that off as well, which makes people look for others too. I mean look at Axie, I remember at one point you spent like 1k on 3 axies, decent ones as well, and then you earned like 600 bucks a month from that.

Obviously as it turns out if you spent 1k on it, maybe you would have made that for a month or two (which would mean you could break even at least) but the price of the Axies went down, the profit you could make also went down as well and now it is a lot less. So the catch is not that it is not working as intended, the catch is that it can't sustain like that forever, you need people to keep on breeding axies in order to spend SLP whereas if they do then the price of Axies goes down since there are more of them... it just doesn't work.
1820  Economy / Speculation / Re: Bitcoin in 2022? on: November 19, 2021, 07:01:05 PM
Looking at how the end month of 2021 looks not so great, I believe that 2022 will be another bull run. If it was only a super increase for the rest of the year and we ended up with 100k then I would say a crash would be close, however since we got rid of the crash right now already and we already had a drop that means we are going to eventually recover. This means that we should not be really waiting for it to go down all year next year, that would be a lot of money going out of bitcoin and I doubt that would happen.

What I believe will happen is that we will keep on being low for a while longer and then we are going to end up going up for a long time as well. This way I am hoping to have some sort of big ATH increase once again during sometime in 2022. I do not know when it will happen but spring seems to be the best time, if not then maybe next October could be decent enough.
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