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2401  Alternate cryptocurrencies / Altcoin Discussion / Re: what are some of the new projects we should keep eyes on it? on: September 15, 2021, 05:41:17 PM
Today I was reading fascinating story of Bitcoin and Ethereum. That was really interesting read. And I thought, what if there are other ongoing/emerging projects? Do you know any of them? Those that are not on the mainstream media yet.
Everyone is shilling their own favorite ones, and that's kind of the deal I suppose. I personally like Swipe myself, but I really do not know if you should invest into it or not. Plus we all know pancakeswap and the token cake and I really love it, I know it looks like it is already high but I honestly believe that uni and cake together could break into top 10 and be there for a long time. You know there are coins for a long time but doesn't get the attention it deserves even though it is high as it is?

Well, that is uni and cake for me. For example, ADA has been around for what now, 4-5 years? But it was never this high, who knows if that is not going to be cake next? Maybe in 3-4 years Cake will become top 5 as well? That means if you buy some now, stake it, and keep on staking for that long then you will most likely get a huge return from it.
2402  Economy / Speculation / Re: Bitcoin Heading to $70,000 on: September 15, 2021, 02:35:36 PM
I'm just glad the support zones at $40K and $43K were real solid and held up nicely. Once the consolidation is done, we should be on track to test another BTC all time high.
Yeah, Q4 definitely is a period when bitcoin goes up, it is wildly known and I believe that the same thing will happen again. Not like bitcoin is something that is shy of skyrocketing neither, a 2x in under a month is not a rare thing for us. So, if next month we are 80k then I wouldn't be really surprised by it because that type of thing has happened in bitcoin before. Even if it is not exactly a 2x, just recently we have seen a bottom of 28k and then peak of 52k recently as well, that is "nearly" a 2x in under a month.

When you realize how easy that was, then you realize that then why wouldn't a 40k+ price suddenly become 80k as well in under a month? Obviously there is a good chance that it would not happen, but there is also a chance that it may happen as well.
2403  Economy / Speculation / Re: Bitcoin = 100k by December on: September 15, 2021, 02:02:47 PM
No one would ever be able to make out predictions on precise manner  and this is why we do keep speculating as we do go ahead considering this market is way too unpredictable.Some do even do say about 500k on year 2022 or something like that but it was all pure optimistically kind of calls for those people who do really believe much on bitcoin potential.Well, i cant  really blame them off because we have seen on how many times
that bitcoin did really surprise the community on where breaking out all time highs that we've never been expecting for it to reach on.
It is literally "speculation" board that we are in right now. This is why I believe that we should not be that much shocked to see people making wild claims. I hoped to see that happen for real, like make a guess that would come out true, and there are few times it does happen both the price and the date hits but that is rare, I usually hit the price right but not the date. Like for example, I believe that early 2022 it will be 100k, like before spring of 2022 is over, so by the latest 30th of May it should be 100k, that is my prediction. I know that I could be wrong, by that logic it could be 100k by 2023 and I would be "half right" because price hit but that is like a year wrong so it is really not correct at all neither.
2404  Economy / Speculation / Re: Bitcoin Golden Cross approaching on: September 14, 2021, 10:26:09 AM
I think This is the Best Golden Cross approaching. What do you Think?


The lower price right now someone convinces people that golden cross is not approaching. However remember that the last time we saw 40k+ price was when the price dropped from 32k to 28k, it had the lowest amount we have seen in the past 5 months and then suddenly it skyrocketed back over 45k. So, just because something is falling doesn't mean that it will keep falling.

Sometimes in life some things (not always money or prices) do not always fall, it falls and falls and falls but one day it stops and at that point it is the golden cross, it is the moment when things start to look good, and it starts to skyrocket and everything goes perfectly for a long time. I believe that the same thing could be happening here, it "looks" bad but I feel like it is actually not that bad.
2405  Economy / Economics / Re: Ways to avoid being scammed!!! on: September 14, 2021, 09:18:18 AM
1. Mind those who you give your phones to make calls and contacts to people you don't know.
2. ALways be conscious, or better still, avoid connecting with Wifi networks as this is a means of extracting your data.
3. Always remember to log off your personal accounts (emails, social media) etc. when you use public cafe' and
4. Report any problem associated with the loss of any of your financial institutions to your banks.
5. Be able to patiently read terms and conditions before saying yes or accepting terms and conditions sent to you.
   Lastly
6. Be able to cross-check emails sent to your phones regarding your financial statements as the messages are clone to,
    resemble your banks, but rather having slight changes mostly at the middles with one word having different fonts.
It is everyone’s responsibility to protect themselves from being scammed. You have to wise up and know the right things to do and what to avoid. These days I am always careful about the information I put out online, especially when I’m signing up on new websites and stuff like that.

If I am not sure that the website is reliable I make use of an email that is not really my personal email just to protect myself. That’s why it’s good to have a backup email that you can use for maybe signing up on a website that you are not really sure about, that way if anyone should have access to that email they wouldn't be having access to things that are very important to you.
2406  Economy / Economics / Re: Two basic things that can give you an advantage on: September 13, 2021, 08:26:18 PM
The thing about top 10 is the fact that even when they go down in the ranks, they could still become a good profit. How? Well, they go up 50% while others go up 2x and in that situation they go down in the ranks because they didn't "go as high as others did" but still gave you a profit.
That's true mostly but not always. You see XRP has always been a top 10 coin but even it had some problems with SEC last year and the price started to plummet pretty quickly. I guess yeah the market won't become dust suddenly as is the case with XRP, even doing nicely in the price charts recently but still doing a little bit of research and checking for any ongoing problems with the coin is worth the time spent on it.

You may not know which ones will be 2x but you know that if the market is green then the current top 10 will be green too, just not as high as some others.
For that specific reason, I believe despite the price so high, bitcoin is still the best investment for anyone who wants some solidity too. When BTC went from 10k to 50k, no other coin matched the growth.
2407  Economy / Speculation / Re: Bitcoin Heading to $70,000 on: September 11, 2021, 08:42:12 PM
the way bitcoin have retained it stand around 50k is a momentum signal to the next price target and with this September being a viable month for cryptocurrency as bitcoin become a legal tender of a country El Salvador which is the first in history since bitcoin creation over a decade ago.

I predict a $70,000 bitcoin price before the end of this month of September.
We are still heading to that direction. Believe me just because we had a flat tire along the way doesn't mean that the road is over. We are just going to stop, pull over, go get the new tire out the back, switch the flat one with the new one, put the old flat one back, and then keep on driving. That's how you do, just roll over your sleeves and work hard and eventually you will get to your goal. Nothing in life that is worth doing, is easy, if it is worth doing then it is going to be hard.

There will always be obstacles in your life that will try to set you back from your goal, it will never be easy unless you come from some super wealthy family, and that means we are going to live through some horrible periods and maybe sometimes not even reach our goal, but at least we would know that we gave it our best. Bitcoin may look like dropping, but I can guarantee you, one day it will be 70k, or even 700k, it is just matter of time, we just don't know when.
2408  Economy / Speculation / Re: Dream Bitcoin 100k on: September 11, 2021, 03:03:40 PM
it won't likely bitcoin price will touch 100k this year because usually after 2nd price crash in a year, the price will recover very slowly a head. So i think we should wait for longer time.
But we should keep an eye for the price because there are a lot of new potential projects that ready to invested in, this would be the chance for the investors aiming for profits while the price of btc is still not promising
I feel like after a second crash has not happened yet. I mean one was from 64k to 28k which was a HUGE crash and I understand it, however the other one is from 51k to 47k in the short term and that’s like nothing in the world of crypto.

We had a crash from 50k to 47k from 23th of august to 27th of august and another same one that was from 29th to start of September, and now another same one which was only different because it wasn't 50k but more like 52k, and drop to same prices. Long story short just in the last 3 weeks we had 3 drops from over 50k to under 47k, which should show the world that these type of drops are not a big deal. I understand that it does look like a big deal, but it really is not a big deal at all.
2409  Economy / Trading Discussion / Re: Why bitcoin users should be careless about the price and trade bitcoin instead on: September 10, 2021, 01:40:39 PM
how do you measure profit in usd if you care less of the price?

although you count the satoshis we earn from trading, we'll always going to consider the price at the end of the day because the value in fiat will matter thats why we trade a lot in btc/usdt. its very hard to trade on btc/eth.
I was about to make a similar comment. It's impossible to just assume bitcoins as a standalone currency because even though more sellers are accepting bitcoins we are still no way near a marketplace that works alone on bitcoins. Technically, the value and popularity are as such because of the price it has managed to achieve.

If for example the price drops down to a hypothetical value of $100, will there be the same interest towards crypto as it is now? Absolutely not. That's because the value brings popularity and maybe in the future we have a marketplace where we can buy anything with crypto. But for now, value of bitcoin decides nearly everything; popularity, adoption, new projects, etc.
2410  Economy / Speculation / Re: will bitcoin ever go down like 2018-2020 on: September 10, 2021, 12:30:33 PM
so yea like will ever just stabilize really low like in 2018 and 2020? or are we at the low?
It will never be like that, that was 80%+ drop that stayed like that for months, we still do have drops, just like very recently, but we are not going to drop 80% and then stay there for months. That was a very difficult period and it took us a lot of time to recoup those losses. I believe that we should not be worried about the price drops though, because we have seen that even during those times if you had absolutely no money at all, then you would be able to work for it, but if you had money then you would definitely bought some and profited by this time.

Even with the recent drop we are nearly 10x higher than the bottom of those periods which shows us how strong bitcoin is. Which means if there are big drops this year (which I doubt will happen any further) we could simply keep it going and buy more at the low price to profit later on.
2411  Economy / Speculation / Re: How far can bitcoin price correction go? on: September 10, 2021, 09:58:30 AM
Why are you asking?
If you want to HODL,then just HODL and don't bother about the price.
If you want to sell then just sell.If the price keeps going down,then you've made a profit and you could buy BTC at a lower cost.If the price goes up after you sold,then you've made a loss,but losing money is a part of trading.I don't believe that the price will go up.This 52K price pump was probably just a price bubble,caused by some crypto whales or the hype around El Salvador.
Some people are not really sure what is going to happen and that is why they get an opinion from other people. Some people do it because they have no idea, but there are people who do it because they know something but they want to confirm it with other people. If you tell people "will bitcoin be 100k" then you will see a lot of people who either agree disagree. However, if you say "which direction" then they would either say lower or higher while most of them giving even numbers and dates when it will happen. So long story short it is obvious that some people do need these type of questions answered, they will not make decisions based on only these, but it would help them understand it better.
2412  Economy / Economics / Re: Where to invest my 10,000 USD on: September 10, 2021, 05:11:14 AM
I recently got 10,000 USD after my FD (Fixed deposit) matured and now i want to invest all those in the crypto world as the returns are best here.
Please suggest me different places where i can invest these 10,000 USD in the crypto currency world as i never done big investement in crypto before so please give me some ideas.
To be honest, it depends on you as well. What type of return you are looking for, what type of risk you are willing to take, what is the tech you want to invest into, what you think is the future of crypto, what you think is the safest ones. Basically, whoever wants to invest into crypto, they need to realize that crypto is not a one-sided thing and it is definitely multi dimensional and you need to make sure you know what you are doing.

Otherwise, this doesn't make sense at all, if we all invested into the same things then there would have been 10-20 different coins and nothing else would ever get any investment at all. However, there are people who put money into things which are not even in the top 5000, why do they do that? Because they are taking that risk, hence why we should not be so shocked about the current situation of crypto is in with all those low cap stuff and everyone needs to find their own investments.
2413  Economy / Economics / Re: Tulip Mania 2.0 on: September 10, 2021, 04:39:23 AM
There are many nocoiners that claim that Bitcoin is “Tulip Mania 2.0”, but it has been 10 years. How long must the protocol keep running before the rest of the world accepts that Bitcoin is not going anywhere. In fact, it opened a Pandora’s Box of new possbilities. BUT, I believe the next “Tulip Mania” for this bull cycle are, NFTs.
First of all tulip mania lasted longer than 10 years, it lasted a few decades but not at that level of course, and eventually crashed. The problem here is that Crypto is not a speculative asset but something that people could use. What is the real value of a tulip? Probably something like a dollar? few dollars? It is not an investment and it is only a plant. Whereas crypto is a currency which means that there is a lot of reasons why people could use that, it is not a tulip to plant into your garden and hope to grow more out of it, it is literally a currency. This means that crypto will never be a tulip mania, at the very best it is a very bull hyped market and that's it.

NFT or DeFi or anything like that will not become tulip mania neither, they are just markets and maybe they will drop down but it will not be from 10 years worth of salary into few dollars, that difference is HUGE and will never happen again.
2414  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: September 09, 2021, 08:39:07 PM
World Cup Qualifiers is still going on. Argentina and Brazil each are going to play one more game tomorrow before taking a long break. Brazil are going to play a home game against Peru. Brazil won all of their seven group games so far. And I expect them to win this also easily. Argentina also are going to play a home game against Bolivia. It is also an easy game for Argentina and they would win it with a nice result. And I wonder when Brazil - Argentina will be played as it has been postponed.
When you are in the qualifiers part, games are so easy to predict. Like of course Spain would beat Kosovo, or of course Italy would dominate Lithuania, of course San marino would lose whoever they play, don't get me even started on gilbatrar or whoever that is. Sure these are low odds but when you combine all these incredibly weak teams and put them against even a semi decent team then you are going to end up with a great result.

I had 1.98 odds on 3 games for example, and easily won it because it was obvious from the start, but because I had 3 games combined in one parlay, the odds became better overall. I hope to catch every single time these teams play, that way I know I can increase my bankroll a lot more unless some shock happens.
2415  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB be worth $1,000? on: September 09, 2021, 08:15:40 PM
Will BNB be worth $1,000?
The value of BTC and ETH is determined by consensus.
The value of BNB is determined by the credit of CZ, but it is threatened by regulatory policies. If Binance goes public, the value of BNB will rise or fall, I think the value will fall because the value of BNB will be decoupled from Binance’s profit .what do you think?
BSC seriously needs to get into NFT gaming world. Binance has so much money, they have hundreds of millions of dollars, they could spend some of that to get some games made, they have so much money that they could literally buy the rights of an NFT game for some original IP, like think of the most known games, think GTA or Fifa or Witcher or Skyrim or whatever you want to think about, ALL those games have companies that are not poor, but would accept 100 million dollars in exchange of the rights for an NFT game.

Binance could afford that, and then they could spend another 100 million dollars on development and marketing of the game as well. This would result with a game that is 10x bigger than axie and they would get BSC at the top again. They don't even have to do it themselves, just fund it and because there is a game like that, BSC would get money not only into that one game, but all the other games. If Binance can do that, BNB will be not only 1k+ , but probably 2k+ as well.
2416  Economy / Speculation / Re: The bitcoin market just gifted the El Salvadorians 15% discount on: September 09, 2021, 11:36:19 AM
Today is the day when the first country accepted bitcoin as legal tender and that country is El Salvador. As El Salvadorians started buying bitcoin the market makers decided to give them a 15% discount so that they can buy more bitcoins with their $30 and any other fiat they put in themselves Cheesy
This could be the best thing that El Salvador is living right now. It is certainly something that is marvellous for them and not only they are getting it on a discount right now, they also had a great start by doing a DCA on the very first day. I hope that the price stays here for a few more days before going up, so that they could get even more money for the future.

I understand that it is not an easy task to handle, but it is definitely going to take some courage and bravery to keep a happy face. Glad that president already said that whales will drop the price on the day of the start before it happened so it gives more credibility on his decision.
2417  Economy / Speculation / Re: Will $50,000 be the resistant price? on: September 09, 2021, 10:59:46 AM
does anyone know the reason for the drastic decline in the price of bitcoin today?
Honestly, I was very surprised when I saw the price of bitcoin in the market today, even though I previously saw that the price of bitcoin began to strengthen at $52k and what really made me believe that bitcoin would go higher was when I read several articles that said the government of el salvador started using BTC to pay the salaries of government employees and even el salvador has bought 500 BTC.
But apparently what is happening now is beyond my expectations and even when there is positive news, the price of bitcoin actually drops and returns to the price of $46k Cry
The main prediction (this is simply just assumption) is that there were a lot of whales in suits at big nations that saw El Salvador having this legal tender law put in place. Since whales didn't want nations to take over the crypto world and become more powerful, they dropped the price on the same exact day so that they would make El Salvador looking like a bad nation with bad idea, ruining their country with this.

Obviously, it didn't work out, because at the end of the day El Salvador ended up buying even more bitcoins than they imagined and now they are richer because of it, this looks like whales wanted to ruin retail and failed, just like how they failed at gamestop thing as well, people who bought gamestop were told that they would be losing bunch of money, but instead they took tens of billions of dollars away from wall street so it is awesome.
2418  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: September 08, 2021, 06:26:52 PM
Few months ago when bitcoin broke $60k people where predicting next bitcoin move to be $100k which bitcoin even dump to around $29k. So what if you borrow money and you are ask to pay back within one month and you bought bitcoin at $60k if time for payment reach and you don't have choice won't you have to sell at lost and still for money to complete it so that you can pay back which might even affect you health.
The answer is simple, don't borrow money for short term and ask the lender for more time. Also since you are investing in bitcoins for real, you can always assure the lender by proving the assets you hold.

Taking loans for a few months to invest in Bitcoin is a real problem since you are then forced into a situation where either the price of bitcoin jumps high or you bear the loss.

We are not talking about "cryptocurrency" in this here thread; we are talking about bitcoin.

Hopefully you understand the difference.
I love the fact you put things straight. A lot of people for some reason consider Bitcoin just as another crypto but fail to realize the difference between Bitcoin and all these newly crested coins.

Bitcoin definitely has value for the future but altcoins don't, at least most of them.
2419  Economy / Trading Discussion / Re: Investors their mind on: September 08, 2021, 01:15:44 PM
I can summarize it for someone who never traded before and help them for their first 2 months by simply saying; learn the TA part of the trading first, then start trading, if you have a loss check why you did and learn from it instead of feeling sad, and when you win then just move it to the next trade, keep a robotic mindset on what you win or lose.
Never read that book or even heard about it, so thanks for summarizing it.

I feel that the same points have been discussed many times though so nothing unique about it. I mean everyone knows that we must learn TA and FA before trading and then learn from mistakes and don't get hyped by profit.

I guess the fundamentals of trading remain the same and every book we pick would be revolving around the same content. Sometimes a few books and guides are more concrete while some will play stories around the content to make sure the reader is hooked in.
2420  Economy / Trading Discussion / Re: Dont get sad over what could have been on: September 07, 2021, 06:40:43 PM
Fighting lust will always be difficult as, at the same time, greediness will come and become bigger. Without having control, it is difficult to make a profit as we never see the profit is enough for us because we can search for the profit in the next chance. They can hold for more and try to make 5 times profit from their capital, but that is only if the market has good moves and still increases in the next hours. But the problem is that the crypto market will always move and we do not know if the price will still increase or go down.
It is understandable to not feel enough with the profits that you made, it is understandable because we as humans always want more and more, it is in our nature. The problem is not being greedy and wanting more, it is being greedy and doing stupid things by hurting ourselves or others to make more.

Like for example, who could be mad at Jeff Bezos for starting a company by selling books out of his garage? That sounds like a very noble thing, it is books, he wants to send books to everyone in the world, that's a great dude.

Jeff Bezos trying to break unions and pay as little as possible, giving quotas so high that people to go bathroom while working without going to bathroom, and then getting money from government to cover the difference between their pay and poverty line basically causing taxpayers to cover the difference for Jeff, that guy? That guy is a dickhead. Be the first Jeff Bezos greedy, do not be the last Jeff Bezos level greedy.
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