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561  Economy / Speculation / Re: Whats your thought on: July 04, 2023, 11:28:07 PM
I think BlackRock is the protagonist of the mid June decline and this week's rise. Namely when BlackRock made its Bitcoin ETF application for the first time, the SEC's negative and critical statement with the current spot Bitcoin ETF applications caused panic in the market for a short time and the market went into panic. Bitcoin was the most affected by this situation.

After the SEC stated that the spot Bitcoin ETF applications were insufficient and needed to be updated the BlackRock ETF application was brought up again and has taken the main role in the current rise. The market is buying on every positive news and the increasing demand is boosting Bitcoin and the SEC has left the door open with the update demand giving hope to the markets. I am bullish for this situation and i have full faith that demand will increase and price increases will continue.
You are right, although there are many ETFs filed with the SEC, but perhaps BlackRock is being considered the leading cause of the recent short-term fluctuations, BlackRock's ETF is getting more attention than any other ETF.  but overall, I don't see these as big news to help turn the market around, what's happening is more like someone using the news to create Fomo than ETFs are helping bitcoin rise because of demand.
562  Other / Archival / Re: No panic while holding my Bitcoin on: July 04, 2023, 11:10:18 PM
First before i bought my first bitcoin, i first of all build a good understand of the market and how bitcoin volatility works, and also learned about the effect of external forces in determining the price of Bitcoin  such as exchange crisis and other governmental policies that can have short time effect on bitcoin.
You did good learning but it is not enough. Purely reading and learning can not help you understand it entirely. You must be in the market to digest such knowledge and feel about it. With your experience, you will know such knowledge is right or wrong.

Sure i agree with you, experience will be the reason you can understand this bitcoin or crypto currency sphere, but i do not say that you do not need to learning textual knowledge of bitcoin. You can also get experience from some one else, for example you start trading bitcoin with guidance from your friend who is already mastered on trading bitcoin. Then you can take his experience how he will do if bitcoin price is drop, when he will cut lose and when he will keep holding.


Knowledge is undoubtedly necessary, but experience is what helps us to survive in this market because there is always a big gap between knowledge and experience.  many newbies to the market also work hard to learn everything, learn about the history of bitcoin as well as gain confidence in themselves through other people's stories about the market. but when they themselves are faced with a market downturn and their money is rapidly dwindling, their knowledge can hardly help them in that situation if they lack experience.
563  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: July 04, 2023, 06:49:45 PM
Manchester United should try to keep David DeGea in the squad. David DeGea is an excellent goalkeeper. And he is quite experienced. Manchester United should not let David DeGea leave for free. And with David DeGea gone, it will be very difficult for Manchester United to find an experienced goalkeeper. However, Manchester United coach Erik Ten Hag may take a decision that is useful for his team.
Erik Ten Hag wants the best for his squad, he's not relenting his duty as manager, always ready to heighten the level of the club into a top form. Any crucial decisions taken further, is either good or worse for the club, any dimension would be decisive for the red devil's. David de Gea keen on leaving Manchester united this season, but I think it would be a hugh loss if the Spaniard exits old Trafford. United seeks for backup replacement for David de Gea, and the replacement is Andre Onana from Inter Milan, I guessed he's an appropriate goal keeper for united.

I think it is high time for Manchester United and David de Gea to part ways. Because he is not performing well for Manchester United and Manchester United also once the better performance from their main goalkeeper. This is certainly not going to work out between these two parties. It is best for Manchester United to invest in someone else.  Onana is a decent goalkeeper. What is he worthy of being the main goalkeeper of Manchester United? That’s a little hard to answer. I guess we will know once we see him in action for Manchester United
564  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 04, 2023, 06:38:20 PM
I don't care what anyone says, I still think that it's a big mistake they shouldn't do it. There are talks about at least 85 million euros and that is just not a normal amount, I still think that they can handle the situation as it is.

I believe that they can buy a striker for 30-40 million that can do the job, the rest of the team is great anyway which means that if they kept it like that then they would be able to make as much profit as they want to, there is no need to change anything. I know that it's not going to be easy, but if they keep at it then they will be fine at it. People who are not entirely sure what's going to happen with it are not really aware of the fact that Kane will not worth 85 million and he will not provide that much goals for too long.
Why are you so sure about that Kane will be not making so much Goals in the next years if he will be getting into the Bayern Munich squad ?
He would be exactly the kind of Striker that they need , he is nearly the same player as Lewa waas and thats what they need.
About some other good Striker you dont get somebody around 30 to 40 million and if you get one he has not the experience that is needed.
For Bayern Munich it would be good if they get him.

I absolutely agree with @sana54210 because there is no reason to pay this much money for a player who is already 30 years old. They can spend less money and get a younger striker. I guess they just want to make sure that they are getting a player who has proven himself at the top level of competition and also probably Bayern Munich does not want to take any chances. They want a player who is going to come preassembled. I honestly don’t know if this investment is going to be worth it. I don’t think they will be able to sell him for much after 2/3 years.
565  Bitcoin / Bitcoin Discussion / Re: We All Know, The halving time will be full of drama on: July 03, 2023, 02:05:42 AM
Let the drama happen because that is part of the halving and yes there are lots to expect but believe in what you wanted to achieve .. Win from your investments mate.

To be more precise, drama is already an indispensable part of the market, drama always appears at any time, not just when the halving is approaching.  many people fear when the market has too many Fuds, but for me, I like it even more.  because that would be the perfect time to get some cheap bitcoins, the more dramatic the market, the better our chances.
566  Bitcoin / Bitcoin Discussion / Re: I love Bitcoin on: July 03, 2023, 01:58:56 AM
If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.
Yes, that's right, we don't need to be hypocritical when the main reason we invest in bitcoin will be profitable, in this case, is money. But there are also many benefits to be gained from this bitcoin, apart from money.
There have been many people who have finally made their economy improve after they were able to invest in bitcoin, of course with the note that the investment they did was the right way, meaning that it was planned, neatly structured and indeed for a long period of time.
Indeed, for some people there were things that didn't go well, I wouldn't say they failed, because the reason the investment didn't go smoothly was that it must have been done in an improper way, so that in the end it made the process not go well.

As I said, bitcoin gives us many benefits, like providing us privacy and complete control of our assets without the help of 3rd parties like banks, funds Credit...but the bottom line we care about most about bitcoin is profitability.
investing in bitcoin does not guarantee that we will become rich or improve our economy, as success or failure depends on each person's skill.  bitcoin only presents us with an opportunity, and whether we take it or not is up to us.
567  Bitcoin / Bitcoin Discussion / Re: Kids and Bitcoin on: July 02, 2023, 11:06:00 AM
My question is where can I buy Bitcoin comic books that can catch the attention of children between the age of 7 to 11? I want something in comic or story book style and with full story about Bitcoin or related... I want to buy and wrap them up for the surprises.


Op don't you think 7 years kid is too young to know the things of bitcoin?  I remember having a thread in support of kids having knowledge of bitcoin but I think you can choose kids between 11 years old and above who have had the experience of savings I believe they will be more open to learning since it has to do with money and investment.

I think there is no wrong in informing kids about Bitcoin and teaching them some basic information.  But letting a 7-year-old kid handle a Bitcoin wallet with funds in it and pressuring them to learn the more advanced knowledge about Bitcoin is very wrong IMO.  We can share to these kids the importance of Bitcoin but I think it is much better if we teach them the importance of valuing money since Bitcoin is under the category of money, so it will automatically send the idea on how saving Bitcoin is beneficial to them when they grow up and learn more about finances.



All children have a right to know about bitcoin and to know about the technologies of the future, but it is ludicrous and cruel to try to introduce bitcoin when they are so young.  i really find it annoying that many people think teaching bitcoin to young children is a good thing.  those people are selfish when they only do what they think is good without thinking about the thoughts and feelings of the children. why are so many people trying to ruin their children's childhoods? I wonder, did their parents ever force them when they were kids?
568  Bitcoin / Bitcoin Discussion / Re: I love Bitcoin on: July 02, 2023, 10:57:04 AM
If anyone asks me why I love bitcoin, I will frankly answer that I love it because of the profits it brings, and it has helped my economy a lot.  without it, my family would be in a lot of trouble with what is happening in my country.  Of course, bitcoin has a lot of other benefits, but I believe everyone loves bitcoin because its profit is the most. we humans are increasingly pragmatic and I like to live with reality.
569  Bitcoin / Bitcoin Discussion / Re: Will World Economic Depression Affect Bitcoin? on: July 02, 2023, 10:31:11 AM

If we have economic depression, it will affect not only bitcoin but even other assets like gold. People will look for survival necessities like food and shelter and not spend on luxury.
But bitcoin is not a luxury if that's the impression it has, it can actually be used as any other currency out there and it being decentralized could be a good thing against  such phenomenon as economic depression.

Bitcoin was originally designed to withstand inflation and recession, but so far it has not fulfilled that mission.  the proof is that it is still dumped when a crisis or inflation occurs.  one more thing, bitcoin is not used as a currency, if people considered it currency, they wouldn't have dumped it when bad news attacked us. most of us only see bitcoin as an investment asset, and that is why it cannot become a currency nor a safe haven when inflation occurs.
570  Economy / Economics / Re: Am I a bad person if I manage to avoid taxes? (Hypothetical question) on: July 01, 2023, 01:54:26 PM
Some will say that taxes have a purpose and there is no doubt about it, but if you live in a country that is highly corrupt and where you can't do anything without bribing someone, you wonder what all these taxes are and where that money goes.
My point is, one layer tax is okay, like, tax my salary, no problem but why do you tax food, electronics and all other staff? It's like, you work, pay taxes but you go at the store and you pay taxes on store products with money that you've been taxed on. At the same time, the store owner always pays taxes on his income. Does this look fair? Logically, if I pay tax on my income and store owner pays taxes on his income, I shouldn't be buying food, electronics, clothes or anything with additional taxes. That's why I think that it's morally acceptable to avoid taxes if you can.


I totally agree with your thinking, paying taxes is really our duty because it's the way for the government to sustain the economy and the country.  but many governments are abusing that and taxing everything in our lives, and that's not fair. i'm not advocating tax evasion, but if you can avoid any of it, you should.  We cannot obey every government order without knowing what is right and what is wrong.
571  Economy / Economics / Re: How to increase capital investment on: July 01, 2023, 01:49:14 PM


Or if someone's income is relatively low, then he can invest the amount of money he used to save in the bank because it is not safe to keep money in the bank at this time, so investing without keeping money in the bank can be a good decision.

Yes, depositing money in a bank is also not completely safe, but what guarantees an investment will be safer than a savings account, which is really bad advice.  we should distinguish between saving and investing because saving is not only for the future but also for emergencies.  have you ever thought about what happens when you don't have any savings and your investment suffers a serious loss?  always have some savings before thinking about investing.
572  Economy / Economics / Re: US Debt Default: Good or bad for crypto? on: July 01, 2023, 01:42:34 PM
The potential US debt default could have both positive and negative impact on the crypto market. A default could lead to economic downturn, which may drive investors towards alternative assets like cryptocurrencies. A default could further erode trust in traditional financial systems, potentially leading more people to explore decentralized alternatives. A US debt default could also trigger a broader financial crisis, which could lead to a widespread sell off across all asset classes, including cryptocurrencies. If US government were to take measures to restrict capital flows, it could limit the ability of investors to move funds into the crypto market.

But in the long run, it will definitely be a good thing for bitcoin.  there would be a momentary panic if the US government defaulted on its debt and caused a global economic crisis.  but in the long run, people will also be looking for solutions to find shelter, and most likely, besides gold, bitcoin can be an option as bitcoin's advantage can become a safe haven. 
This topic was created before the news of the US government default, and nothing happened, but it will not rule out the possibility that they will default in the future.
573  Economy / Economics / Re: Rent or buy real estate - let's have a debate on: July 01, 2023, 01:35:44 PM
[Real Estate investment is the safest and most promising profit if we enter it with patience

It is not correct to generalize like that, this statement has nothing to do with the economic realities of many countries. In some states, it is very typical when you buy real estate in the hope that it is a very reliable, stable and income-generating asset that will increase in value over time, but in fact, after a couple of years, you are faced with the choice either to sell it at half price or continue ownership at a loss. And if a war also breaks out in the country, as in my case, then your property becomes more of a burden, if it is not destroyed at all after constant missile attacks. So it all depends on the conditions. In my situation, real estate is far from the safest and most promising profit, although I entered it with patience.
Why do you have to be faced with that choice and sell for half the price, yes we don't sell it unless it's an urgent emergency while there is no money left except selling from the Real Estate, it's not a good choice we all know that Real Estate is a long term of at least 10 new year we will know a sizable profit.

Don't buy Real Estate in a country that is at war then it is not good in terms of any economy including there will definitely be an impact on other property markets, look for a country that can or can also be a safe area then of course the area will be better than a dangerous threat, I think that only some parts of the country are affected by war, the rest are mostly peaceful countries and have fast growth in their economies.

Obviously, I didn't buy real estate during the war. It was my property before. The choice I'm facing right now is driven by circumstances in my country, but even without war and similar disasters, real estate is no longer a priority. Much more attractive types of investments have appeared that pay back not in years, but in months. Why invest in real estate that comes with both risks and inconveniences and wait years for it to start paying real dividends?

As for buying real estate in other countries, not everyone has such opportunities in legal terms. For example, buying real estate in EU countries has a lot of restrictions and obstacles for those who are not EU citizens.
According to some surveys and statistics, real estate is still the most appreciated investment and the preferred choice of billionaires and the super-rich.  it is true that today there are more attractive investments like bitcoin, but its risks are not small and cannot be considered superior to real estate.  evaluating an investment needs many factors, not only about profit, high return is high risk, and low return is safer.  I don't believe some people don't like real estate, only people who don't have money to invest say they don't like it.
574  Economy / Economics / Re: What will you do when you have Financial Freedom? on: July 01, 2023, 02:51:15 AM
We work and invest, and the ultimate goal is to become financially free, and when it comes to that, other than spending to satisfy and fulfill my dreams, I don't think I can do much more than that.  i know this is just a topic for entertainment after many heated debates, but it really isn't necessary as each person will have their own way of spending money to satisfy themselves.  what we need to discuss is how being financially free can be more enjoyable.
575  Economy / Economics / Re: How to increase profit in business on: June 28, 2023, 03:47:59 PM
A good business is a business that develops from childhood and then continues to increase, if we want to increase profit in the business then there are 2 most important things that must be done, first is to increase the volume of sales and the second is to reduce production costs, if these 2 simple things can be done then then It can be guaranteed that we will get a profit that matches the target.

But how to increase sales and reduce production costs while ensuring quality?  this is something that any business will know even non-business people know about.  but if we notice, there are still many businesses that go bankrupt every day even though they also offer solutions like many are talking about here. it's easy to say but not easy to do. 
Running a business is not child's play, and simply reading a few books or looking for some online solutions can help our business grow.  if we want to improve our business, we need to know where it goes wrong and what to fix, people are giving solutions that are too generic and can be found on social media. 
576  Economy / Economics / Re: What could Elon Musk be buying next? on: June 28, 2023, 03:36:55 PM


When I saw the proposed fight promotional picture on the Internet, I laughed. I think it is a joke because we have not heard more detail. But if it turns out real, Elon Musk should be ready to lose the fight because Mark Zuckerberg will deal with him.

The match hasn't happened yet so it's hard to say in advance who will win, I'm looking forward to this match but don't think it will happen.  Elon was the first challenger, but we all know he's good at attracting people and creating attention.  i'm guessing he's trying to get users to Twitter or is preparing to do something bigger and needs the community's attention rather than having a real fight between them.
577  Bitcoin / Bitcoin Discussion / Re: Who Buys Bitcoin When The Price is 100k$? on: June 28, 2023, 03:18:13 PM
Bitcoin is also just a speculative asset and cryptocurrency is a financial market, so there will always be trading in the market and it will never stop.  surely everyone on this forum will sell bitcoin when it hits 100k because this is the goal of many people, but besides that, many other people, especially newbies will believe that bitcoin will reach 200k, and they will buy our bitcoins.  there will always be positive news creating Fomo waves to make more people have higher faith in bitcoin, and there will always be Fuds to get more people to dump their bitcoins, that's how the market works.
578  Bitcoin / Bitcoin Discussion / Re: Being Knowledgeable before Bitcoin investment is very Good on: June 28, 2023, 03:07:25 PM
I think the first thing was research google to learn more and also the risk involves.
Google's credibility is insufficient for matters of finance such as this. From what I understand, Google merely presents content created by numerous individuals, without any official determination regarding their intentions, whether they harbor ill motives or any other intentions.

Given that, in my opinion, $20k is a substantial sum, I could allocate 10% of it to seek consultation from an expert in the financial field. Engaging with just one advisor will suffice, ensuring they are a reputable and trustworthy financial advisor who will not lead us astray into purchasing unnecessary items.

if you are looking for advanced and in-depth knowledge, google may not give you, but for basic knowledge, it is the most complete place for you, IMO.  and I think the bitcoin basics provided by Google should be enough for anyone to get started. I also started learning everything from social media without anyone's help. 
I would rather figure everything out myself than hire a financial advisor, because if they are really good at finance.  why do they not make their own money by investing but advise others to make money?
579  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin must surpass gold on: June 28, 2023, 02:55:18 PM
Bitcoin will beat gold, time will tell.

If Bitcoin and gold exist in the same time, Bitcoin price would be very high compared to gold because there are many features you can only find in Bitcoin, but not in gold.

Bitcoin is not perfect, nothing is. In some ways gold is better than Bitcoin and will always be. Gold doesn't depend on software, on computer networks, on cryptography, gold can't be stolen by malware, gold will not be useless during blackout.
You don't have to buy a physical gold to own gold, you have a choice to buy a digital gold in a trusted site. The risk is high if you have a digital gold because you're relying in centralization.

If you say, that timing says it all, then we shouldn't try to add comparisons in favor of bitcoin and try to downplay gold.  i also believe in the bright future of bitcoin, but whether it will surpass gold or not, time will tell for the best.  it all depends on human need because if something is good, but demand for it does not increase, its value will never increase. bitcoin surpassing gold or vice versa completely depends on users' needs, not just our words.
580  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: June 27, 2023, 06:42:39 PM
Actually, Joselu less experience play in Champion League and since Real Madrid not sign new center forward looks he has chance get regular position but depend on his performance consistent scoring goals or not exactly on Champion League matches.

Joselu is not experienced enough for Champions League. But he is quite talented. He has the ability to score a lot of goals. And so if Joselu adapts well to the Real Madrid squad. If Joselu's understanding with the team players is good then it is expected that Joselu will be able to score a lot of goals in the coming season. Last season he was able to score a lot of goals even against weak teams like Espanyol.
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