Hello Zapo,
I just see a hero/legendary member got removed hence applying.

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edit;
applying to your another campaign hence changing signatures.

Now is not the great timing for short term gain because the price seems stable around here and still trying to break $6k levels, I think for the first time ever bitcoin has a chance to drop below 6k and stay there for a while, well first time for the past 10 months or so.

It has dropped down to $5.8k levels before this time but this time it seems like it may actually drop to $5.2k levels and stay there. This is the thing I am scared about however I might be wrong, maybe it is great to purchase now and it will go back to $7.2k levels once again and people will make a lot of profit from buying right now, who knows.

That is something that can easily work out for an investor. Probably, a trader without knowledge of trading, capital management, risk management and the necessary things needed to know when it comes to trading, will end up buying a market wrongly, then the market goes down the more, and he keeps buying until he just finds out that he has wasted so much buying rather than sticking with a better strategy based on a trend changing and setting stop loss where applicable.

Bear market is totally different from a bull market. At this stage, the market tend towards the down side faster and you really want to be principled, well learned, and know what you are doing.

I am trying to wrap my head around what you are implying. By not sticking with the idea of making money from gambling, I guess what you are saying is that you can gamble to just make a statement on how good you are in the game to maybe the fellow gamblers. for instance in the game of poker, you want to prove to the rest of the poker players that you are a king in the game and it is simply not just because you want to take home the money of everyone on the table. Unfortunately, larger percentage of gamblers do not think this way at all, and they would rather focus on what brought them to gambling which is money than focusing on reality.

A lot of the lives destroyed by gambling to me are self-inflicted and should not in any way be put on gambling itself. People with their greedy and unrealistic mindset usually feel that gambling is a way to set them on the wealthy part and the question they always forget to ask is that. Where does that leave the owners of the casino or gambling platform ?

This is gambling and the earlier people started accepting that fact that there is nothing like winning in gambling except you are just very lucky which is rare to a very large extent, then the better it would be for them to have the right mindset when it comes to gambling or not even just gambling at all if they cannot control themselves.

The thing that scares me most about the mining to end is the prices. I mean there is two options, after bitcoins are done mining (well it won't end for a long time but it will be really low amounts over time) the fee will be the only thing miners will be making money. So, the two options are, either miners will keep the fee high or keep the bitcoin prices high so it would worth their time to keep mining bitcoin or they will leave the business which would mean bad things for bitcoin. I do not know which one will happen but if the second option happens than we are not looking at a great future for us so we should find a solution to that.

You are mentioning about the third possibilities. Yes, I must agree that when the last bitcoin will be mined out, the number of transaction will be occurring on every 10 minutes will be something unimaginable hence the sum of transactions fees alone will be enough for miners.

the realistic options are either $10k or $15k, anything between that is realistic, anything above or below that is just pure speculation at this point and we can't know if it will hit them at all. So, I am going to just say it will be about $9.5k levels when the year ends, that is just my guess though, maybe it will be $25k and I still won't be shocked for that, it is bitcoin in the end and it always makes this drastic change and goes into a direction like a car without brakes.

I think the best option here is to react when there is a 4% or so change to a direction assuming it will keep going on that direction for a while. Regardless of where we are going to end up this year, it would be better to make use of the current dips and who knows this might be the last ever chances to buy bitcoins for below $7k levels.

Well, this is one of the reasons why the digital age will just keep bringing a lot of ease when it comes to transactions and at least people would not have to keep being in a long queue all in the name of withdrawal or something. For what it is worth anyway, as time goes on I believe people will start seeing more need in which this space would bring about more ease to them and this is the major value that the space creates and for the fact that everyone is simply in control of their spending, and due to its decentralized nature, no goddamn bank or government will be able to have a strong hold on it.

Absolutely, all these things will not stop the space from evolving and developing the more and that even exposes them of their so many shenanigans over the years. Like you said; the whole central bank thing is a huge joke and that simply shows how limited their understanding of how the crypto space should be like is quite low. What they are simply just looking for is to accept the idea that blockchain technology is the future but sorry, we can only allow it to some extent and most of it will still be controlled.

How would it be very great? The signs are all written over the wall, they are not in support of anything decentralized and all they are after is pure level of centralization. It may be a good step forward, but it does not change the fact that it is still going to be the regular fiat all the same. Nevertheless, for the fact that most countries are now beginning to adopt the blockchain technology is a good thing, but I really do not see the importance of the bank of crypto as that sounds ludicrous to me.

I do not trade daily but when I was trading I was using usdt-btc most of the time because even when the market is going down there is a chance bitcoin going up, bitcoin prices are not tied to altcoins at all. Which means if I do altcoins and btc than the price of altcoins may drop comparison to bitcoin but when I do usdt-btc the price can go up while alts may go down.

Hence, for the past 6 months or so I started doing purely usdt-btc and the results are much much better than btc-alt combo. It is of course not amazing and I am not rich in no means but it is definitely better than hoping an altcoin to go up.

The cons of buying and selling quickly is that you will have to spend insane amount of time learning the tricks of day trading which cannot be done by anyone without knowledge of it, after you learn how to do that you will also have to spend time and effort on finding the right time and right coin to purchase.

The pros of it is you can get rid of anything quickly and keep very minimum risk while you can gather around small by small but albeit bigger profits with less risk, since you act quickly you do not hang with the market when its going up or down in the long term.

I believe if you are interested in this subject or your business is finance than you can do it, if not than don't bother spending all this time. Fast is not at all criteria for successful trading. An experienced trader never look for quick profits as usually market is a big test for our patience and making profits with it may happen over time but definitely not at our wish at any time.

This sounds very interesting and I am also praying for that to happen. ETF approval and then $100k are very much possible. I believe even $250k also will be possible on ETF approval.

In between, in the following months also we are going to see a bigger movement, I do not know if it will be going down or up (I feel like up is more possible) but I know that for months we have been going between the same amounts without actually achieving anything and the price has not moved properly to any direction so the build up is getting stronger and stronger which will make the movement a lot quicker and stronger so in the following months people will say enough and there will be a movement to a direction that will be huge and change the course of bitcoin price for a looong time. I do not see how bitcoin can stay around these numbers for any longer.

Fun might be a way to divert your attention from thinking you are in it for the money, but from what the OP stated, I really find it strange if anyone catches any fun in front of their PC alone, playing dice. Where is really the fun in that? There are so many ways to catch fun which you can do by playing games and watching movie or at least, going to a live casino, but for an online gambling, we really do not need to start deceiving ourselves.

That fun aspect to me is over rated. Ask most people after losing from gambling, even with the fun, they get a little bit down. Now, it takes a lot of control to be able to wave such mindset and stick to the fact that you cannot get anything tangible from gambling unless you are lucky which is very rare.

Like Ultra elite said, it is all about controlling your urge, which means it, is not like the urge is not bound to come if you end up losing your guard. Greed is just certainly the main reason why a lot of people get themselves exposed to the negativity of gambling and nothing else.

What you are forgetting to ask yourself is that; what instigated the quick surge in price in the first place. We all know money was coming into the market; otherwise the market will not even be rising.

However, the question is how this money came into the market. Actually, I would not say that was because there was a real demand for it, or because a lot of people are seeing the long term prospect in being a part of the future, it is simply because most people that join FOMO just want to get rich overnight, while the real believers buy the bottom.

As long as there would be weak hands, market will always be pumped and manipulated by the whales, to feed on those greedy fellows who their only mission is to see ways they can obtain so much from the market in a short term. By the way, pump and manipulations is concurrent in nature.

That is usually what a lot of people really do not understand.

Firstly, this is a very volatile and new market which will know even the exchange volume cannot be compared to the real matured market with huge liquidity and for that reason we can always see sharp drop in prices, which we all know even the volatility has reduced over time as we keep forging ahead.

Moreover, the fact remains that we have no serious level of demand, and markets are always likely to react to that most of the time, and if the market gets to a point where it is too much, it either tries to fight a bulls fight, or just simply let the bear take over until strong enough to retry. People should just get used to this and stop complaining.

Losing a whole lot in trading is based on the ignorance of the so called trader who want to trade at all cost without doing what is properly needed. A lot of people have always rushed into trading because they heard others are making money from it, but they tend to forget the level of knowledge they need to gain before even attempting to make any market decisions.

This is not just some gamble, but a real profession and whoever wants to face such journey must have to be ready and fully prepared. Well, to some extent fear is common and may be realistic but in a way you can also try as much as possible to limit your losses rather than learning from huge losses which is the reason why a lot of people suggest paper trading or demo trading before going into real life trading.

What is very important here is to find a strategy that works for you but at the same time never forget that it is trading and there will always be room for some losses which is why stop loss is always as important as entering or exiting a position.

From the looks of the sudden price drops of 500ish dollars and the increase at the same level I think that could potentially be true or it could be miners trying to keep the price above what it costs them to mine.

I don't know which one it is but if it is the whales that are hunting for the stop triggers than it means we will not see a big bull run for a long time because even at September these dudes are still trying to collect as many as they can from the lower prices and not focusing on making the market bigger.

I am not a smart financial savy dude but can't they see they can't just let bitcoin die this way ? They need the bull as much as we need it.

That is like someone set out to flame up him or herself in huge debt . I have still seen people with 2 tickets winning something tangible which is nothing much compared to what they ended up winning anyway and for someone to come up with a solution of putting up about 3m to get tickets unless you get them for free from referrals, then it is absurd.

It is still the same rule, for those who care, just play with what you can afford to lose, and someone who would want to take chances like this with real money will be having themselves to blame in the long run.

As it seems curacao is giving licenses to everyone anyway, so it is not a big deal, almost all decent casinos have a curacao license and it changes nothing for them, there are tons of them out there anyway and the only ones that can be happy about this license is the shareholders of the funfair company.

You can be great without a license or you can be horrible with a license, the license is not the thing that keeps the casinos trustworthy, its how they approach to customer support and issues. As long as a casino is always supports and takes care of their customers and really care about their feedbacks they will always triumph over others.

There is even no point to be disappointed.

What just amazes me is that people are always considering the exchange their funds into fiat and tend to make those decisions when the market is hugely down already with them knowing they know nothing about trading.

It is a two way thing, it is either you learn how to trade effectively, which if you hop too much into it, will make you screw up or you just simply keep holding on to what you have and focus on the long term which if you have some few bucks laying around, you can even buy more at the dips.