Bitcoin Forum
May 09, 2024, 02:26:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 298 »
1901  Economy / Trading Discussion / Re: At what Bitcoin price do you think altseason will start? on: October 19, 2021, 09:50:16 PM
I would say we are not even above ATH right now, so there is no need to talk about a potential of alt season just yet. Last time we had a huge alt season was when we broke over 40k-50k+ prices, and that means we moved from 10k to 40k+ before we had any significant alt season. Sure the prices of altcoins increased because bitcoins dollar value increased as well, ETH moved from 150 dollars to 1500 dollars without the altseason, but with it the price went to 4k+ prices as well while bitcoin moved only slightly.

This is why I believe that bitcoin needs to be going way higher, like at least 80k+ before we could see another alt season, probably even more like 100k. Many people are speculating about reaching 100k by the times of Christmas hence we could expect altcoins to be following bitcoin's bull run by that period of times.
1902  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: October 19, 2021, 08:47:02 PM
Risk is there especially if the hype ended, and no one is buying Rollbot well its good that they are being introduced by the great gambling site so technically, there's still a buyer and seller but hopefully a lesser supply to maintain its value. Let's see in the next 3 days if there's a huge demand for Rollbot, I'm trying my best to at least own one, we'll see.
I guess that it will have a good amount of hype around it as long as rollbit keeps being a good casino. It is tied to the casino and if you are making a good profit with rollbit and their nft then there will be some hype as well. Consider it closer to axie infinity where it is tied to a game, you are making a profit with axie and then why shouldn't you be making a good profit from it if you are already doing something good? I mean if there is a profit to be made, would you get out? That is why people are interested in axie and they will be interested in rollbit for a long time as well.

There is a possibility of making a profit with the rollbit here and then makes all the changes and that means that people who have rollbot will make a profit and will keep on the hype alive. Surely there could be changes and I could be wrong, but so far that has been the situation.
1903  Economy / Economics / Re: Simple reason why crypto is preferred over fiats on: October 19, 2021, 08:09:36 PM
I guess the biggest reason for me is the banks. I am not actually against fiat neither, I am fine with fiat, the "idea" of fiat is not a bad one and I am fine with it. The problem for me is banks and I do not like banks. Which causes me to withdraw all my money from them all the time. With crypto I was able to actually end up with putting all my money digitally but not in a bank, that option was the greatest thing. I can't wait for the day when I could use crypto everywhere and I would not need bank.

There are some "cards" that we could use right now that would make it possible but unfortunately I do not use them just yet because they are not working in my nation. However the moment it works in everywhere around my nation then I will be forever non-fiat and will be full time crypto and that way I will be able to pay everything and get rid of fiat in my life.
1904  Economy / Economics / Re: Taiwan invasion - how would it affect bitcoin on: October 19, 2021, 06:19:21 PM
As I said on the original post, creating that capability takes years. We are not talking processors or GPUs or AI chips. It is about the basic semiconductor "cookie".
You are saying it takes years and maybe even a decade, and you are saying that it costs a ton of money to do something like that. However I wonder, is there money to be made from it? Because it doesn't matter how expensive something is, it depends on the return. If I have spend as much as 100 billion dollars for something like a factory and resources, I would still do it if I am making over 10 billion dollars a year, because that is 10% return every year. You are saying it is a very expensive thing but it could be done everywhere around the world if there was money to be made from it.

I am sure it is not a very bad business where they make a loss all the time, I am sure they are making a profit, but maybe it is not making too much profit? If it is making enough profit then we should be seeing more and more factories since it is money to be made.
1905  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 18, 2021, 09:50:23 PM
I don't follow the news and I am just surprised when see Watford have a new coach, Ranieri. but his debut has not shown good performance after big lost 0-5 versus Liverpool. Seem he missing for each Watford line.

but there are many reports that say that the management still wants to be with him.

Man, Ole is a Prodigy boy, Nobody can fire him. he is a media darling. He is the best coach United has, he has a good strategy, his formation always makes a winning, he is the best coach after sir Alex Ferguson which only has a 1 difference, Sir Alex a lot of title for MU, while Ole nothing.
First games are not that important considering you are not going to be getting anything ready by that time, he is brand new right now. However the interesting part is that Watford was not doing THAT bad right now and somehow they ended up changing the manager for some reason. I mean look at Leeds right now, this is what 3rd season with Bielsa right now?

Teams are learning how to play against a Leeds team and they are getting ready for Bielsa tactics and they are getting a lot more used to this type of situation and that is why I believe that it is obvious that Leeds is doing worse since teams are more ready against them instead of getting shocked by the way they play. Watford was doing great considering they were in a league below last season and they still changed the manager, I would have expected something like that if they were at the bottom of the league but they are not, so it was a bit weird.
1906  Economy / Economics / Re: Elon musk now the richest man in earth on: October 18, 2021, 09:15:16 PM
~
My question is can Elon musk sustain this new found financial spot for how long? We have seen bill gate coming back to this spot from time to time and occupying it for a longer time. Now that Elon musk is said being the richest in the world , is he going to keep to this status longer or we are yet going to hear another story of selling off assets because Elon musk is now known as a public stage man Grin Roll Eyes So what do you think?
Well, I think they will be exchanging places in the top 10 Richest People in the World. I mean all of them, those who specialize in modern technologies, Elon Musk, Bill Gates, Mark Zuckerberg, Larry Ellison, Larry Page and Sergey Brin, anyone of them can take first place at one point. Or, they can be replaced by guys like them, technological innovators, but hardly by old-timers like Warren Buffett and Bernard Arnault. And I don't mean their age. I mean their state of mind.
I do understand that the top 10 do change place all the time but I have to say that Elon and Jeff reached to a different level. Yes there is a good chance that other rich people could eventually pass them as well one day but I do not think that they are going to do that anytime soon.

Jeff Bezos owns amazon which is growing constantly and there is a chance that they could be the richest company in the world and pass apple whereas apple doesn't have that much owners which is the problem with that. I understand that Elon musk is not really big company owner because Tesla is a huge company but not in the running for being the richest company in the world but he owns a bigger portion of it. So I believe those two will be changing hands and the others will not be able to pass them just yet.
1907  Economy / Speculation / Re: 60k price recovery achieved on: October 18, 2021, 08:24:27 PM
its hard to say about buying while as we know not everyone can do it but if majority will not sell at this stage maybe we can contribute towards the pump of the bitcoin since we cannot add up the sell pressure in the market. But its hard to speculate about this as we cannot decide for others and the only thing we can do is to wait and see on how this bullish season end up also if we can see another ATH this year for bitcoin.
Yes, you cannot expect everyone to keep constantly end up buying, there will be a situation where people will end up selling and that will be the situation we are in. If we had zero sellers, everyone just bought, then who are we buying from? Let's assume that instead of zero sellers, we have people who are selling right now and there are zero "new" sellers, that would mean that the price would skyrocket like insane, it would be 100k+ in a few days, a million dollars in a month.

The only reason why it ever goes down is the fact that there needs to be people who sell, it is true for all the markets in the world and everything that is sold or bought in those markets. This is also the reason why we go up as well, I mean if we had no buyers, or at least no new buyers then the price would crash insanely as well, we would be under 10k in a few days, so buyers make the going up part as well. So, it is quite normal to have this situation, it is normal market behavior.
1908  Economy / Speculation / Re: Can BTC hit 70k$ this Christmas? on: October 18, 2021, 07:48:06 PM
There is a good chance that we could hit it way before Christmas as well if we keep this up. The increase has stopped being volatile and that is a very important part of the situation we are in right now as well. We should realize that it is quite a difficult thing to keep increasing all the time and there is no situation where you could be going up forever and constantly super high neither, I mean even in a regular period you could reach to a level like 1-3% increase and that is fine but we had DAYS with 10% situation and that was a lot and we are not getting that type of situation anymore and that is understandable and that's fine.

We need to realize that we are not going to get anything that is super exciting anymore and that doesn't mean that we are not going to have 70k anymore, we could have that but I believe that we are not going to get it with super increase but more small and frequent increases.
1909  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: October 18, 2021, 07:14:35 PM
Leicester is a weird team, I wouldn't say that they are the best team in the league, they are by far not the best team in the league and I do not think that they were ever the best team, even when they won the league they weren't the "best" team by looking at the roster, other teams were a lot better and Leicester just won because they played very well together while other teams started to suck big time.

What I do not understand is that we could see them beating any team in the world and that's weird. I mean they are so good when they are playing with a bit of fire that they have the capability of beating any team in the world and that is a very weird thing from a team that is seen like "top half" at the best case, maybe even midtable. United did not play bad neither by the way, they were good, but Leicester just got lucky and played very fluidly.
1910  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 17, 2021, 07:42:23 PM
I think not any issues with Jose Mourinho close by Newcastle United and they only focus with Antonio Conte or Zidane, but last name Zidane have confirm about never accepted negotiation with Newcastle United and he not interested to be coach for Newcastle. Right now maybe just Antonio Conte become new coach for Newcastle United, depend who will be new coach for new richest club on primer league right now and we can see how many star player will get by this club on January window transfer.
Zidane would be ideal for this kind of deal, dude knows how to manage a team, and he was capable of bringing a superstar Real Madrid team to a great success. We never saw him bringing a bad team out of relegation to winning ways, but we did see him manage superstars very well without a problem. Not every manager could get stars to work together, there are egos that end up clashing and that seems like one of the major problems, yet he managed it without a problem.

Considering Newcastle will try to get as many stars as they can, not right away of course because the first ones are hard so you overpay for great players but not superstars (like Mbappe or Neymar) but eventually since your team will be filled with great players, then adding superstars on top of it will not be a problem. Zidane will be great at that point, in few years. Meanwhile they could get him and let him build the team, OR they could get someone like Mourinho and start from scratch all together as well.
1911  Economy / Trading Discussion / Re: Learn to trading - any suggestion? on: October 17, 2021, 07:06:49 PM
if I just stand by without Doing It then I will never know what experience is. first capital $100 and also ''ready to lose money''
Getting into trading with a very small capital must be a great idea so that you will never pressurize yourself against the risks of trading. When you are not having any burden in your shoulders then you definitely could think smartly so that you could take timely decisions which are more important than your analytical skills. I am not underestimating technical and fundamental analysis but that alone will not be enough against our emotions. So, first we need to be clear on what we could lose and what we should aim for.

I'm seeing these are very clear in your case. The chances for making consistent profits from trading for you is more in my opinion.

I suggest joining demo trading in exchange that has a feature of demo trading, though you don't have full knowledge in trading at least you will learn some of it.
I'm seeing almost 9 out of 10 people are suggesting about getting into demo trading. I agree that we cannot ignore the importance of getting ourselves familiarize into trading environment and various parameters of trading. Hence, definitely the first step should be getting into demo trading for all the beginners of crypto trading.
1912  Economy / Trading Discussion / Re: Basic Types of Trading on: October 17, 2021, 05:56:28 PM
The only difference is the duration and the leverage used!
No, that is a big difference. When you are not able to hold your positions forever until you prefer to, then you will be enforced to exit as the expiry of the contract which must be a very big disadvantage of futures trading. In spot trading, I will be able to hold for years until my position get back into profit zones. For example, think about the people who bought bitcoins above $15k by December 2017; they might have got back to profits zones only by 4th quarter of 2020 - exactly 3 years of waiting.

Leverage on the other hand, could be utilized in our favor if we are too good in technical analysis but considering against the market volatility, I guess staying away from availing leverage might help anyone to crack profits even in highly fluctuating market conditions.
1913  Economy / Trading Discussion / Re: *Day Traders* are now calling gambling Addiction helplines!! on: October 17, 2021, 03:03:14 PM
There are too many people who think that they could change their lives with crypto and they end up not doing something like that and it hurts them a lot as well. People should realize that they will not be making a lot of profit with the crypto income and trade if they are just rushing into making that type of money. I mean let's be honest with each other, if you get into crypto then your life will be better if you are willing to wait for years.

However, if you are in and you think that you could make a super amount of profit very quickly and suddenly get rich then you are going to get poorer instead of richer. There are some idiots that pay the scam projects all their life saving and they end up losing all of that and you should be really not doing that, bitcoin and eth and some few other coins are great, maybe 100 max, but people put money into stuff that are not even listed in CMC and then hope that they would get richer.
1914  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 16, 2021, 09:44:22 PM
I too believe that they would have learnt their lesson by last season draw, and I’m sure they would have created a tactical plan so not to repeat the same mistake again. Also could this be the season of Napoli, and is Juventus reign finally coming to an end, because they lost the title last year and if they lose this season too then it’ll boost other teams confidence that winning the league title is possible and no longer Juventus monopoly.
I do not think that a team being that good for a while doesn't suddenly make that team the best team in the league. Serie A has that weird situation in where there is absolutely no domination. Juventus used to have that but they do not have that anymore which means that we are in a situation where they are doing fine without any problem at all and I believe that they are going to be just having some chaos eventually when the league comes to closing, like on the last 10 games for example.

Napoli seems like they are in the works that is true but just because they won so far doesn't mean that we should be wagering on every game they are playing. Same as people thinking Juventus did not win like they were suppose to and lost Ronaldo and they lost Dybala and Morata and people assumed they would lose all their games and they did not, so let's wait and see, I am sure Napoli will eventually lose.
1915  Economy / Speculation / Re: Btc $100k prediction by eoy on: October 16, 2021, 08:43:38 PM
it looks like bitcoin is currently on a bull trend. although a few weeks ago the price of bitcoin has decreased but in my opinion it is just a correction that often occurs when there is FUD. I think this price increase will continue and will most likely reach higher ATH before the end of the year.
The bull trend seems to be going up. The problem was there was a correction in the middle and there were too many people getting out because it had a bad day but it was just one bad day in the past and that happens because it is just a correction. If you have an overall super increase in the past 1 month even 2 month then I would say that one or two days of bad drops should not be something that would be you should worry about at all.

I would say that the best thing that happened to us was the drop because that correction allowed people to basically take a back seat and watch what is happening and that allowed them to make a lot more profit basically. I am not saying that we should be dropping constantly but here and there one or two days in a month is not something bad neither.
1916  Economy / Speculation / Re: Next stop $85K for Bitcoin on: October 16, 2021, 08:11:50 PM
Hopefully though, but I wouldn't be surprised if we stay just above $60k. It will be fine and then wait for November to hit that $85k, and then December at $100k++.

I'm more leaning towards realizing our dreams though, just like when we hit $64k right in April, we have plans already. But this time it will be different it we hit over and a new all time high. There is still December, a holiday that everyone should be enjoying including us bitcoin holders. So enjoy the ride and the fun has just started and not be carried away.
I do not really care about the price exactly as long as it is going up. That seems like the healthiest point right now because if you could hold it as long as you could without a problem then you are going to make a profit. You do not have to say that it should be $85k or $100k or anything, as long as it is higher that is fine by me. And if it is low then I am fine about it as well there is nothing wrong about it neither because I could make some profit from the drops as well.

I could simply just hold it and buy some more to drop the purchase average as well and that way I would be basically making profit easier when the price goes up. There is nothing wrong with holding as long as you can and hope for the price to go up as well. The price guessing is only adding something that would be extra and I do not know if it is something that is correct or not because it could go up but not to level you want and you could still be sad.
1917  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 16, 2021, 05:48:10 AM
It is a requirement by the law. All players in Spain need to have release clauses inserted into their contracts due to some kind of work legislative.

A lot of players have extremely high clauses - the clubs know they cannot be triggered and are protecting themselves like that.

Barcelona is extremely careful after Neymar's case, whose clause was put to 200 million - also so that no one can trigger it (it was unimaginable when he signed the contract) - but PSG did a few years later.
Thanks, that explains it. I thought it seemed bizarre thinking that someone would actually trigger it, and it must just be a PR stunt. I hadn't realised it was a legal requirement. This makes perfect sense now. Although it does seem almost like they're exploiting a legal loophole a bit... if a fee is going to be set at such a level that it will never be triggered, then it can't practically be considered a fee at all. Although as you say, who knows, no-one ever thought Neymar's would get triggered.
I would understand to put something there so that players who feel like they are getting mobbing would be able to trigger that by finding a club that would pay it and leave. Spain has weird laws compared to other nations, they have salary cap as well just like NBA, it is a much bigger version with 200 million dollars but it is still something limiting how much they can pay for their salary and that is not in any other nation is it? I do not know every nation but I feel like it wasn't available in any other nation.

This is why I believe that Spain with their contract situations and their salary cap stuff, they are basically making it harder for the teams to become as good as premier league teams, however they are making the teams financially a lot better without needing to sell your team to Saudi Arabian prince, without these rules premier league owners are starting to become just purely billionaires playing games with each other, Spain is preventing that even if it doesn't bring success. And not like they are horrible neither, they had 3 wins in a row at UCL recently, and the most recent winner of europa as well.
1918  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 15, 2021, 09:20:46 PM
Just because PSG is a good team doesn't mean that they will win every single game. There will be times that they get a draw or they get a loss as well. We have seen examples of it before and I am sure we are going to see examples of it later on as well.
If PSG wins every of their match, Ligue 1 will probably be boring. They may encounter more lost match later on, we shouldn't forget that this is Football and anything can happen.
PSG have to play against Angers today, they will surely win the match, but Angers might give them a tough time in the game. Am expecting PSG to score 3 or more goals.
I do not think that it would be boring if they end up winning every game. It is obvious that we would know the champions beforehand if they end up winning everything. However is it really bad that one team is that good and obviously the champions and then suddenly it is boring? We have two other options to make it fun, one of them is the fact that we are still watching who will be the second team in the league and who will be relegated and all that, so aside from the first place we have all the other positions getting a lot of attention. However, if you do not care about that, then we could talk about how PSG is beating and have fun watching them.

If you are from France and fan of another team then you are not going to have fun however if you are from another nation like me then watching PSG to beat every team is something I can enjoy watching as well. Bundesliga has Bayern for the past 10 years or something like that, and it is still fun.
1919  Economy / Economics / Re: Is budgeting still effective in tackling the need to constantly withdraw money? on: October 14, 2021, 09:44:03 PM
I failed big time this month. I had some extra income thankfully from a few things like selling and so forth. September was a bad month and that is why I wanted to make some investments and get some extra money by doing garage sale type of situation. In the end I made more than 40% of my salary just from selling few things. It really worked out very good for me on that part, but I failed so miserably because I decided to buy things that I "needed".

Yes, I did need them, like a walking shoe because doctor told me to walk 30-40 minutes everyday and I paid for my visit to my moms, which I would do anyway one day, so why not pay for it now so that it would be free, and I met with a few friends since I couldn't during pandemic and we finally had a good day all together. All of that combined and few smaller things made all that extra money gone. Now, I have nothing to show for it aside from a shoe and few good memories. Make sure you do your budgeting carefully or you may end up like me.
1920  Economy / Economics / Re: Evergrande situation on: October 14, 2021, 12:52:22 PM
I agree that the biggest problem of China is the local governments debt,not Evergrande.
However,I think that the central government of China and the PBOC have enough reserves to support the local governments to pay their debts,at least for a while.The reserves aren't that big,the huge crisis with come,when China runs out of it's foreign currency reserves.AFAIK,China owns lots of US government bonds.
They could sell the US bonds and get some cash in order to pay off the debts of the provinces.
The economic growth of China seems like a bubble that will pop some day.I'm sure that the new Great Depression will begin from China,not from the USA.
I do believe that we should not be considering China as a great power if they fail to keep growing with debt. I mean look at the situation they are in right now, it is obvious that they should be able to grow with the man power they have, and they still fail compared to places that have quarter the amount of people they have with so much more wealth. I believe CCP will eventually fail not because they are not good at finances, but because of human rights problems.

There are other smaller and poorer nations that keep on saying they are willing to work for cheaper and western nations started to listen to them as well which is looking like taking away jobs from China and moving to other smaller nations. This is the real reason why China is losing, because they grew big and everyone is hating how they are treating both their citizens and everyone else so they are looking for other nations.
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 298 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!