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501  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 05, 2023, 11:50:31 AM
~
It is true that bitcoin is becoming an asset and not a currency as Satoshi intended. But I also don't see anything wrong with people considering it an investment or store of value. If it becomes a currency but does not bring too many benefits or has many users, what does it mean to be a currency? What we should care more about is the use cases, the benefits that bitcoin is bringing us. Do not worry too much when it is not used for the purpose for which it was created. Furthermore, although it is considered an asset, anyone can use bitcoin as a currency if they want. Bitcoin is the best multi-tool we have.
Bitcoin have got multiple usage and bitcoin being a currency is one amongst. Satoshi innovated bitcoin for some reason, but this have been used for many needs. If bitcoin haven't experienced much of bullish move the network might've not gained such a popularity as now. The growth could've happened in a slow and stabilized manner.

Slowly the acceptance of bitcoin is increasing around the world. Some countries legalizing bitcoin is an added benefit. The limited supply is a big thing that will keep bitcoin at its best unlike the market variation happening with time.

You have a point there, I also believe that if bitcoin wasn't volatile and profitable for us in the first place then we certainly wouldn't be here and bitcoin wouldn't be as popular as it is today. Like the daily bitcoin articles, they always focus on the volatility of bitcoin and that is also creating an appeal to attract more people. If bitcoin becomes stable, we will never see its popularity become so strong. Those who are disappointed that bitcoin cannot become a currency should also think about this.
502  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: September 04, 2023, 05:23:14 PM
Ramos did not seem interested in the large salary offer from Al-Ittihad, he preferred Sevilla as a club at the start of his professional career. Ramos still has the opportunity to play in the top league even though he is 37 years old. Sevilla is also one of the clubs competing in the UCL this season.
Sergio Ramos is known for making records with his attitude and red cards. I could imagine being carded from Saudi Arabia altogether if he play there Roll Eyes
As a free agent, he didn't receive an offer from Inter Miami, a Turkish team was looking for him too and offered €11m a year but he refused. He didn't care also about Al-Ittihad offer of €20m a year and preferred to join Sevilla which only can afford €1m which he accepted. Normally after medical visit he will be a Sevilla defender again after 18 years from his departure there.
It is very rare for a player to refuse a large salary offer. It is possible that Ramos chose Sevilla because of encouragement from his family who did not want to move outside Europe. Yes, we all know that Ramos was formed at Sevilla, and became a legend for Real Madrid. It could be that his return is a form of appreciation and gratitude for his old club, that makes sense too.

Sevilla is currently slumped at the bottom of the standings, they have not been able to get a single point so far. Ramos is expected to be able to bring Sevilla to winning ways, wishing Ramos the best for the rest of his career.

I thought it was definitely going to be better for him if he actually chose to go to the Saudi league because they were offering him a lot of money. But I also respect his decision, he decided to go to his childhood club. Of course, this was definitely an emotional decision taken by Sergio Ramos. I always say that a player should choose money at the end of his career. But at the same time, I don't think we can actually criticize the decision of any player who chose to go to his childhood club towards the end of his career and decided to end his career in that club.
503  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: September 04, 2023, 01:39:58 PM
Lille having decent start of this season with seven points from four games is not bad at all this win against Montpellier give them fifth spot even their attack is not good as they need to for the having better result against quality teams but with this current level of performance can help them for staying into good spot and fight hard for the UEFA spot right now they are alone in Conference Cup which is going to start in coming days but before this they have to play against Rennes which is also having good start of this season as they are having six points from four games with three draws and one win Lille never lost against Rennes which is good record if they are able to won then surely they can enjoy good chance for staying here at this spot.
They've been impressive so far and in four matches they've had 2 wins a lose and 1 draw and are sitted 5th on the table, I'm impressed with their performance against Montpellier who are currently 14th on the table and the free kick goal by Yazici is something to talk about because it came as a surprise to everyone and has made the headlines and alot of eyes would be on him to see how he'll do this season, I hope performs better as the season goes so bigger clubs would come after him, which would be good for his career.
 Their next league match is with Riems after the Europa Conference group stage game against Olimpija and I hope they don't sustain any injury because Riems is also a good side and are currently sitted on the 4th position with 7 points as well so the match is going to be a tough one to predict, I think I'll go with a 1.5 goals in the match.

The starting could have definitely been better for Lille. But this performance is also pretty decent. I will also say that they are going to improve as the season goes on. The performance from Montpellier has not been good though. They have to improve quickly, they have finished at the 12th place in the last season. Right now they are in the 14th position. Which is quite close to the relegation zone.  I know they have a lot of time in the season and I am also not saying that just because they are close to the relegation zone. They will definitely be relegated. I just want to say that they have to improve and finish better compared to where they did in the last season.

I would also like to talk about PSG as well. I think this time they might actually have a competition for that title. The situation in the team is not very good. Probably the other teams can actually take advantage of that.
504  Economy / Speculation / Re: What if there is no crypto bull run for next 10 years ? on: September 04, 2023, 09:09:39 AM
The sad thing is our interpretation of Bitcoin adoption is to make a profit which is not the creator's purpose of creating Bitcoin.
It's a tool to alternate cash and the purpose of no one controls it even the government, but here we are holding it for storing value.

Others interpretation is that it depends on whether an individual in the crypto space believes that. The fact is that most communities have believed in the positives seen in Bitcoin, and that includes me. As far as I can see, there is nothing wrong with it. Now, whatever Satoshi Nakamoto's reason for creating Bitcoin was, it was certainly not the only reason why he designed it.

Just try to imagine that more than a decade ago, Satoshi saw that Bitcoin would help in the future, and something is happening now that really helps. So the fact that we make a profit through Bitcoin is one of the reasons why Nakamoto created it. This may not be the main reason, but profit cannot be excluded. For me, the main reason why Bitcoin was created is because of blockchain technology, usage, and decentralization.
Why was Bitcoin created?


It is true that bitcoin is becoming an asset and not a currency as Satoshi intended. But I also don't see anything wrong with people considering it an investment or store of value. If it becomes a currency but does not bring too many benefits or has many users, what does it mean to be a currency? What we should care more about is the use cases, the benefits that bitcoin is bringing us. Do not worry too much when it is not used for the purpose for which it was created. Furthermore, although it is considered an asset, anyone can use bitcoin as a currency if they want. Bitcoin is the best multi-tool we have.
505  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 03, 2023, 07:36:44 PM
Bangladesh's path to the Super Four in the Asia Cup was difficult after losing to Sri Lanka by a big margin. However, Shakib Al Hasan's team confirmed the Super Four as the second team after Pakistan in the fight for continental superiority. However, the attacking batting of Ibrahim Zadran was making the eyes of Shakib quite colorful. Because, without any equation, to go to the Super Four, the Afghans have to stop at 279 runs. In the end, the Tigers completed the equation of going to the Super Four with the tireless efforts of the entire team. Congratulations to the Bangladesh team.
Mehidy Hasan and Najmul Hossain Shanto played for a long time today and both scored more than a 100 runs. Both of them have made Bangladesh a lot ahead today.  Although Shakib Al Hasan played only 18 balls, he collected good runs in these few balls.  All in all, Bangladesh's game was really great today.  Although Afghanistan tried hard to beat Bangladesh but they did not succeed. Afghanistan's batting performance was good but they did not do well in bowling due to which Bangladesh were able to collect high runs and set Afghanistan a big target of 334 runs. by the way congratulation for Bangladesh
No one could have imagined that the team who lost all wickets against Sri Lanka in the first match would make such a spectacular comeback. There is no doubt that Bangladesh played well. Especially Bangladesh's batting has surprised everyone. The team has managed to collect a huge score of 334 runs. Miraz's responsible batting must be appreciated. Without being an opening batsman, he played the opening position with confidence today and scored maximum runs for the team. Also Shanto's century was much needed. Sakib's unbeaten innings of 32 runs off 18 balls also helped give Bangladesh a big target.
The performance of the Bangladeshi batsmen as well as the bowlers was also very good. Taskin took 4 wickets and Shoriful 3 wickets. Bangladesh won by 89 runs against Afghanistan due to good team performance.
Taskin Ahmed is the best bowler of Bangladesh.  He has many great records in the field of bowling.  So it was not a difficult task for him to take 4 wickets in today's match nor is it a new record for him. 3 wickets for Shoriful Islam is very commendable.  Today's game of every player of Bangladesh is very commendable.  India is going to play Nepal tomorrow, in that case India has many potential matches to win

Among the pacers of Bangladesh, Taskin will definitely be at the top. I have seen Taskin's performance a few years back. He did not bowl very well. He did not have any variation in bowling. He used to score a lot of runs against big teams. But now Taskin's bowling is very good. Through hard work he has now become an excellent bowler. Taskin's line and length are still excellent. Also his bowling is very controlled now. He knows how to bowl against any batsman. Day by day Taskin is getting more experienced and his bowling is also getting better. On the other hand, talented bowlers like Mustafiz are falling behind. If Mustafiz was as diligent as Taskin, Bangladesh's pace bowling attack would have been stronger.
506  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 03, 2023, 05:53:02 PM
Bangladesh's path to the Super Four in the Asia Cup was difficult after losing to Sri Lanka by a big margin. However, Shakib Al Hasan's team confirmed the Super Four as the second team after Pakistan in the fight for continental superiority. However, the attacking batting of Ibrahim Zadran was making the eyes of Shakib quite colorful. Because, without any equation, to go to the Super Four, the Afghans have to stop at 279 runs. In the end, the Tigers completed the equation of going to the Super Four with the tireless efforts of the entire team. Congratulations to the Bangladesh team.
Mehidy Hasan and Najmul Hossain Shanto played for a long time today and both scored more than a 100 runs. Both of them have made Bangladesh a lot ahead today.  Although Shakib Al Hasan played only 18 balls, he collected good runs in these few balls.  All in all, Bangladesh's game was really great today.  Although Afghanistan tried hard to beat Bangladesh but they did not succeed. Afghanistan's batting performance was good but they did not do well in bowling due to which Bangladesh were able to collect high runs and set Afghanistan a big target of 334 runs. by the way congratulation for Bangladesh

No one could have imagined that the team who lost all wickets against Sri Lanka in the first match would make such a spectacular comeback. There is no doubt that Bangladesh played well. Especially Bangladesh's batting has surprised everyone. The team has managed to collect a huge score of 334 runs. Miraz's responsible batting must be appreciated. Without being an opening batsman, he played the opening position with confidence today and scored maximum runs for the team. Also Shanto's century was much needed. Sakib's unbeaten innings of 32 runs off 18 balls also helped give Bangladesh a big target.

The performance of the Bangladeshi batsmen as well as the bowlers was also very good. Taskin took 4 wickets and Shoriful 3 wickets. Bangladesh won by 89 runs against Afghanistan due to good team performance.
507  Economy / Trading Discussion / Re: What happened to Crypto Volatility..??? on: September 03, 2023, 03:05:18 PM
So i've been a trader since early 2017 and i have never seen such low volatility in market. Even at the time of 2018 bear run the things were quite slow but this time its totally different. It makes a move and consolidates for like a month or two now. Which was never the case in past.

Its possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.

What do you guys think ?? Is it just me or some of you others feel the same??

And if it is like that then what do you all think when the wild ride start again like old days ??
Fluctuations occur when either there is a lot of demand or there is a lot of supply. When the demand is high and supply is low, the price fluctuates on the positive side which means it will increase, and when the demand is low and supply is high, the price tends to drop significantly over time. That is the basic reason for Bitcoin's stability these days, not a lot of people are willing to buy and a lot of people are not selling as well, so the equation is almost the same from both sides.

If a lot of people start investing all of a sudden, we will surely see the price going up, and if a lot of people start selling at the same time, we will see the market plunge even more, that is how the market works. However, we can always make use of the opportunities we get to buy more as long as we can.
Right now we are on the dull moments of bitcoin, this has happened before, go check 2016 and 2019 and you will see the similarities, sort of the same thing with about right now as well. When the crash happens, one year after that is about the same, and right now we are living about the same period as well.

I think this is quite similar to something like 2019 where it will not have a lot of moves, and it will be calm period and then we are going to do better for sure. I think it should be important to remember that it is not an easy thing to move bitcoin and it happens when it needs to be and rest of the time it doesn't move that much. We will see it go up, and volatility will be there, we just need to wait for it.

I don't remember every detail in 2019 but if you say the market is repeating what happened in 2019, does that mean we still have a chance that bitcoin will be dumped again? Do you remember? In 2019 bitcoin recovered to $12k but then in 2020 before the halving it was also dumped and dropped to $4k, and the reason is due to the Covid pandemic. If history continues to repeat itself, will we suffer another round of dumping? Will another black swan hit the market?
Probably because there is very less liquidity right now to goback up to 70k. to reach that level there needs to be a crash which will be again bought back and start the bull run. thats my opinion, anything can happen in the market though
No one can predict what will happen in the future, but if we believe history will continue to repeat itself then we need to plan for that bad scenario should it happen. I'm not sure if that will happen again, but I wouldn't rule it out either. That means the market will continue to move sideways and create a prolonged period of boredom, and will be followed by massive dumping to knock the last weak hands out of the market before we welcome the bull season. That's the scenario I'm thinking of, IMO.
508  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: September 03, 2023, 01:04:57 PM
In a few hours, the match will start between England and New Zealand. Today is the 3rd match of the T20 series. England won the two matches easily. In the first match, England won by 7 wickets, and in the second match, England won by 95 runs. England's bowling and batting are the best. Now, England has become an all-rounder team.

The match will start within half an hour, England vs New Zealand is going to be a big match in my opinion. Because we have to remember that this is the third match of this series and England has already won two out of the four matches that will be played. So this is the match in which New Zealand will have to win. Of course, they will have to win both of the matches that are left if they want to draw the series. Otherwise, they are definitely going to lose this series. I hope New Zealand will be able to win this match and make the final match more interesting.
509  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: September 02, 2023, 05:35:15 PM
An innings should be remembered! Hardik Pandya played a solid innings, and it came at a crucial time when India was facing some trouble. He eventually left the crease after adding a solid score on score board. The way he and Ishan played against the Pakistani spin truly impressive. Pandya particularly dominating the Pakistani spinners. Let's see how long last two batsmen survive against Pakistani bowlers.
Losing the first 4 wickets in a hurry should have been a worry among the Indian fans, but from that situation captain Hardik Pandya and Ishan Kishan changed the picture of the entire match. Although India could not make 300, they dealt well with the Pakistani spinners. A better performance of some other players in the team would have given an early idea about the situation of this match. But in the current position, it cannot be said which team will be ahead. After watching Pakistan's 15 over batting performance, it may be possible to predict the result of the match.
If it was not for Pandya and Ishan Kishan today you would have seen a great Indian collapse once again like we saw in previous champions trophy, obviously if Pandya would have stayed for some more time it would have been a different total for India. Now Rain is going to be a major player again in this match, anything can change the odds of the game. Big breaks in batting can also affect the momentum.

This was definitely sad to see that this match ended in no results. I don’t know if you remember, but when the match started, there was already a rain interruption. From that time, I started thinking that this match might not have a result in the end.

After the fall of quick wickets at the start, India actually made a good score in the end. I think the match could have been really competitive. People are talking about Hardik Pandya, but people are not talking about Ishan Kishan enough. Both of them saved India from a bad and embarrassing situation. And I bet a lot of people are thinking that if this match was held in Pakistan, probably the match could have seen a result  Cheesy
510  Economy / Trading Discussion / Re: What happened to Crypto Volatility..??? on: September 02, 2023, 09:41:09 AM
So i've been a trader since early 2017 and i have never seen such low volatility in market. Even at the time of 2018 bear run the things were quite slow but this time its totally different. It makes a move and consolidates for like a month or two now. Which was never the case in past.

Its possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.

What do you guys think ?? Is it just me or some of you others feel the same??

And if it is like that then what do you all think when the wild ride start again like old days ??
Fluctuations occur when either there is a lot of demand or there is a lot of supply. When the demand is high and supply is low, the price fluctuates on the positive side which means it will increase, and when the demand is low and supply is high, the price tends to drop significantly over time. That is the basic reason for Bitcoin's stability these days, not a lot of people are willing to buy and a lot of people are not selling as well, so the equation is almost the same from both sides.

If a lot of people start investing all of a sudden, we will surely see the price going up, and if a lot of people start selling at the same time, we will see the market plunge even more, that is how the market works. However, we can always make use of the opportunities we get to buy more as long as we can.
Right now we are on the dull moments of bitcoin, this has happened before, go check 2016 and 2019 and you will see the similarities, sort of the same thing with about right now as well. When the crash happens, one year after that is about the same, and right now we are living about the same period as well.

I think this is quite similar to something like 2019 where it will not have a lot of moves, and it will be calm period and then we are going to do better for sure. I think it should be important to remember that it is not an easy thing to move bitcoin and it happens when it needs to be and rest of the time it doesn't move that much. We will see it go up, and volatility will be there, we just need to wait for it.

I don't remember every detail in 2019 but if you say the market is repeating what happened in 2019, does that mean we still have a chance that bitcoin will be dumped again? Do you remember? In 2019 bitcoin recovered to $12k but then in 2020 before the halving it was also dumped and dropped to $4k, and the reason is due to the Covid pandemic. If history continues to repeat itself, will we suffer another round of dumping? Will another black swan hit the market?
511  Economy / Speculation / Re: Will BTC go above $30,000? on: September 02, 2023, 09:25:24 AM
At this moment the situation is somewhat difficult to predict, just a few days ago we saw the price of bitcoin going through a recovery due to a positive news, but now out of nowhere the price went down again, I do not know if there was yet another negative news that appeared or simply this is the work of whales and speculators that are determined to keep the price low, so they can buy bitcoin for a very low price and do so for several months.
I don't know if yesterday's positive news made us at least a little happy for the news to appear but after it corrected again back to the current low of $26K on the other hand there is positive news that ETFs will approve spot bitcoin around 75% as reported today is that also positive? But there is no impact that makes the price bounce back, bitcoin now continues to weaken and we certainly never know the main cause.

In conclusion many point to the fact that the whales are now preparing to continue to buy below, that is only partly an assumption but we think again this is in a downtrend still not the time for recovery.

Rumors and predictions about ETFs proposals being accepted seem like another trap that someone wants us to fall into and believe that it will happen. If you read the news today, you will see that the SEC rejected 7 ETFs proposals at the same time and that immediately sent bitcoin back to $26k, just like there was never any increase. And with this, it is harder than ever to expect bitcoin to return to the $30k. I used to expect bitcoin to reach $35k or $40k by the end of this year, but I'm starting to think more negatively, we are unlikely to see $35k this year.
If anyone is thinking that the SEC's recognition of the ETF will bring Bitcoin higher to $40,000, then the person must be a joker of the century. Even if they approved it, the news will spike it and will still subside over a short time as this is just overhyped by people, not that it really has that much importance on Bitcoin and cryptocurrencies that are already inculcated in the mainstream of the financial market. The market could be delusional, which is why news like this and the expectation from people would be moving the market. But in practice, if they eventually approve of it, the effect might not be as much as they thought.

Technically and with the news surrounding cryptos thus far, it will surely get past $30,000 again this year but certainly not up to $40,000. The resistance below the level will be too powerful for Bitcoin to breach higher.

No one is saying that SEC approval ETFs will help bitcoin reach $40k immediately but it will clearly have a positive impact on the market even though it may only be short term as you stated. If you say that ETF recommendations have no impact, why do so many people expect that? The market even reacted positively when there was news that the SEC lost the case against Grayscale also related to ETFs?

I have no prediction on where bitcoin will go in the last months of the year, but I would like to know how can you be sure that bitcoin won't hit $40k before the end of the year?
512  Bitcoin / Bitcoin Discussion / Re: Bitcoin movement: my thought on: September 01, 2023, 02:14:48 PM


Bitcoin is quite well known throughout the world, even in countries that still prohibit its use, but unfortunately, more people consider Bitcoin as an investment asset rather than currency,

But what's wrong with people considering bitcoin as an investment? Don't you consider it an investment?

so when there is a company that advertises about Bitcoin at the stadium, they will introduce more about the company than about what are Bitcoins.
We all always prioritize our own interests. Those companies aren't the creators of bitcoin either, and what benefit would they gain by spending money just to promote bitcoin without focusing on promoting themselves? I don't see anything wrong because if we were in their position, we would do the same thing. We constantly criticize others, but what have we done for bitcoin, or are we doing it for our own benefit?


Meanwhile, regarding the use of Bitcoin as for salary payments or so on, that should be developed so that gradually the goal of making Bitcoin a digital currency will be achieved and not just as an investment asset or exchange trading currency that provides benefits because of its very agile price movements.

Apart from the legal issue, the use of bitcoin to pay employees. You also need to ask people if they are willing to accept their salary in bitcoin instead of fiat. Because not everyone likes its volatility. As we often say, don't force others when they don't like bitcoin.
513  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 01, 2023, 09:33:56 AM
Obviously Manchester City have been struggling without Kevin Debruyne, his injury is predicted to last 4 to 6 months at least. This is a tough test for Guardiola to cope with the team for the time Kevin DeBruyne will remain out. Good thing to see Phil Forden stepping up to the task and showing much improvement in his game recently, this has been really beneficial to the team in the last two or three games.

Kevin De Bruyne is one of the most effective players in Manchester City and een in last season in both the Premier League and in the Champions League he had an amazing performance maybe without this palyer Guardiola could have had problems, but since this palyer was injured I think the best he can do is to even think about hiring alternative players to take his place in a few hours we left for this transfer window.   
KDB is a player who contributes a lot to the game of Manchester City and it is natural when they feel the loss of this player when absent because of the injury he experienced. But even so, I see they can still cover the absence of this player, and it must be done because after all they are a team that must cover each other. Don't let the loss of one player make them look bad, and that hasn't happened to them at least until now.


@Leviathan.007, Lucas Paqueta is the one who I believe, was going to be the replacement for Kevin De Bruyne. He is definitely a good player and a player who can dictate terms in a match. I am talking about Kevin De Bruyne. Not having him available is definitely a bad situation for a coach.

I actually have no idea if Manchester City got anyone else as the replacement for Kevin De Bruyne. All I heard was the name of Lucas Paquetá. but I definitely do not think that he is going to be a suitable replacement for Kevin De Bruyne. I think that the coach is going to face some problems without him. After all, he was a great midfielder. Him being injured is definitely not suitable for the coach.

But what can you do in this situation? This is something you have to accept and move on as a coach. Let's see if Manchester City can actually prepare a good replacement for him.
514  Economy / Speculation / Re: Can 1 satoshi be worth $1 in the future? on: September 01, 2023, 04:08:07 AM
I would say that it is not impossible. But according to the actual picture, it takes a lot of time to go to this stage. There is no chance that 1 satoshi will be worth 1 dollar yet since 21 million bitcoins have not been added to the circulating supply. Moreover, since there is an average of only 1 trillion trades per day in the crypto market, it is not appropriate to expect that price of Bitcoin at this time. But I believe since Bitcoin's total supply is limited we will definitely see something like that at some point. On the other hand, many people have made price predictions regarding the price of Bitcoin where the price of Bitcoin can reach 1 million in the future. At that time 1 satoshi won't 1 dollar but it could have increased significantly.
Bitcoin predictions of up to $1 Million dollars are crazy predictions and they will not happen while I am alive.
Wasn't expecting too much, Bitcoin reaching ATH just in 2024-2025 was a really great thing for me.
The Bitcoin price of $100k/BTC will be the highest it can be. Just need to wait for the price and depending on how we can be a diamond hand to hold.


Predicting $100 million in bitcoin is crazy, but predicting $1 million per bitcoin is entirely possible in our generation. Although bitcoin is gaining popularity, compared to the world population, 90% still do not invest in it, and if the government legalizes it, encourages and allows people to invest in it. You will find that 1 million USD per bitcoin is very feasible. But you're right, we need to be realistic. First, we need to reach our $100K goal and then we can think bigger things.
515  Economy / Speculation / Re: Will BTC go above $30,000? on: September 01, 2023, 03:56:13 AM
At this moment the situation is somewhat difficult to predict, just a few days ago we saw the price of bitcoin going through a recovery due to a positive news, but now out of nowhere the price went down again, I do not know if there was yet another negative news that appeared or simply this is the work of whales and speculators that are determined to keep the price low, so they can buy bitcoin for a very low price and do so for several months.
I don't know if yesterday's positive news made us at least a little happy for the news to appear but after it corrected again back to the current low of $26K on the other hand there is positive news that ETFs will approve spot bitcoin around 75% as reported today is that also positive? But there is no impact that makes the price bounce back, bitcoin now continues to weaken and we certainly never know the main cause.

In conclusion many point to the fact that the whales are now preparing to continue to buy below, that is only partly an assumption but we think again this is in a downtrend still not the time for recovery.

Rumors and predictions about ETFs proposals being accepted seem like another trap that someone wants us to fall into and believe that it will happen. If you read the news today, you will see that the SEC rejected 7 ETFs proposals at the same time and that immediately sent bitcoin back to $26k, just like there was never any increase. And with this, it is harder than ever to expect bitcoin to return to the $30k. I used to expect bitcoin to reach $35k or $40k by the end of this year, but I'm starting to think more negatively, we are unlikely to see $35k this year.
516  Economy / Speculation / Re: what a surprise dip on: August 31, 2023, 09:49:01 AM
I hope bitcoin won't drop much more but I fear it will, I mean it won't happen immediately but most likely it will happen between now and the next bull season. The reason I'm afraid is because we don't even have any negative news causing the drop, I suspect this drop is due to market manipulation and fake news just to legitimize the manipulation. This will most likely repeat in the near term and it will cause bitcoin to drop to $20k again and trigger an even bigger dumping.

I never thought it would go down to 20 thousand. Of course, there is such a possibility, but we need to prepare ourselves. If Bitcoin falls to 20k, it could be a very good buy. There is a possibility that the bull run will come before or after the Halving. When we think about it, we can relax because the lower the price, the stronger the returns. So we should put our worries aside and try to buy Bitcoin if the price drops.

It is very difficult for bitcoin to create a new bottom this year because we are approaching the halving and the bear season is about to end. But if you remember what happened in 2020 when the Covid pandemic also caused bitcoin to plummet before the halving took place. I don't know if more black swans will hit us, but I think history will repeat itself, I mean, bitcoin will still have many corrections even at $20k for whatever reason if the shark wants that to happen.
Making a new bottom or falling to $15k is something I don't believe will happen, but for bitcoin to drop to $20k, I still think it's possible, IMO.
517  Economy / Speculation / Re: Bitcoin is not going to $12k. on: August 31, 2023, 09:36:12 AM
It is impossible for us to see bitcoin go below 15k again as we only have some months left to the halving and the price of bitcoin must be between the 20k-30k range,which is what we are experiencing now. I am hoping to see a pump in the price to 40k at the end of this year. This means that if bitcoin goes below 15k we won't be able to see 40k price by the end of this year. This will also affect the halving impact on bitcoin price. The halving will bring the bull market price and we are close to these two events so that is why we can't get a lower price. Bitcoin has hit its lowest price last year and wouldn't go back because there have been correction in the price already.
This is true and unfortunately there are still some people who create some fud about it. I do not know why and what the reason is but I could say that it has been on a full effect recently and it looks like they are going to keep doing it for a while longer as well.

I get that some people may want to see it change a bit but that doesn't mean that it will, it will be very different on the long run. I think the best case would be having some sort of trouble where it will not be simple for anyone to end up with a good result. I think it should be forgettable cry for help or something from trolls and we should not really be caring about what they are saying and the price of bitcoin will do just fine without a worry.

$20k is still possible but for $12k, it's really something that I don't believe bitcoin will touch as we are getting closer to halving and the macroeconomic situation is out of the question too many difficulties like what we face in 2022. I think the people who believe bitcoin will drop to $12k are the ones who missed the opportunity to buy bitcoin when it dropped to $15k and they are expecting to buy bitcoin at a lower level. But they will be disappointed with their prediction and will buy at a higher price as the halving approaches and the bear season will soon end.
518  Economy / Economics / Re: I wonder if food prices in your country have also increased? on: August 30, 2023, 11:57:16 AM


But I was wondering if this only happened in my country or in your country too?

Even without drought or crop failure, the price of food or any other commodity will increase over time, and if there is no inflation or crop failure, they will increase but they won't increase quickly and we won't notice. Just compare food prices many years ago and prices before inflation occurred and you will see a huge difference. My country is also an agricultural country but does not have crop failures like your country, but prices are still very high compared to before inflation occurred and show almost no signs of decreasing.
519  Economy / Economics / Re: Having a problem a Personal Finance? on: August 30, 2023, 11:46:03 AM
Yes, reading some books that contain financial solutions will really help you to eliminate poverty from your life and family, because I have seen many investors who dedicated their precious time in this Bitcointalk forum just to acquire knowledge of Bitcoin, and they are among the wealthy investors in their community. Do everything possible within your capacity to get a good job so that you can start saving money against bearish season, which is the best season many people in the society use to invest in Bitcoin so that when the price increase higher they can improve financially in the society. There are some Bitcoin video you will watch for social media, it will add more talents to you in a way you will become a good investor in the community.

If you do not have will and a specific plan for your life, even if you read 1,000 financial books, it will never help you escape poverty, let alone help you become rich. If you just read books and become rich, tell me, why are many people who graduate from college still unemployed or still have to work in non-major jobs with low income? Knowledge is extremely necessary and important, but more important is how you apply it to life to create results. Don't just think too simple, just read financial books and you will get out of poverty.
520  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: August 29, 2023, 05:00:23 PM
It's unusual to see such a performance from Atlético, and the Vallecano area is not the kind of team that can lose by a big score. The next matches will show how good Atlético are because they have three rounds to play against difficult opponents, Sevilla, Valencia and Real Madrid. But for Atlético, such a big victory is an exception, in the first round they played 0-0 with Betis, it's just more like Atlético.
You could even say that this is the first time that Atletico Madrid have managed to beat an opponent with a large enough score and it is extraordinary that goals have been scored by six different players, only Morata has managed to score two goals. This big victory could not be separated from the impressive performance of the Atletico Madrid players who launched non-stop attacks in the early minutes of the match, making it very difficult for Rayo Vallecano's defense to keep pace with Atletico Madrid's game.

This happened unexpectedly and if you look at their performance in the first and second weeks, Atletico Madrid's performance was not as good. Vice versa if you look at Rayo Vallecano's performances in the previous two matches and they are also not a team that easily concedes with big scores like in the match, even in the previous two matches Rayo Vallecano swept away wins against Almeria and Granada.

I actually did not want to say this, because I generally do not talk trash about any goalkeeper because they do that hardest work, and playing as a goalkeeper is actually really hard compared to playing as an outfield player, because if you make a mistake, you will be remembered for it, it does not matter how many great saves you make. But the goalkeeper of Rayo was pretty horrible in this match.

Of course, the defending was also absolutely trash from them. It was just a bad overall performance. And I also definitely agree that this is a type of performance that we generally do not see from Atletico Madrid. And unlike the goalkeeper of Rayo the Atletico Madrid goalkeeper performed well. He made some reliable saves and did not even let the ball loose, he actually caught them.
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