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1921  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2022 is the time to buy or sell? on: June 07, 2022, 09:01:32 PM
The market is red, the best time is to buy because if we sell I believe we will lose, most people make the mistake of buying at a high price and selling when the price is low, as long as we are patient I am sure that crypto will give us a big profit.
Indeed, when the market is red we need to be patient and stay calm because when we panic and then sell it will make us lose,
It's definitely not an easy thing to make a decision at a time like this,
so it's better to do an analysis first and wait for the right moment to sell it
true, we have to choose the path full of certainty so that we are ready to take the risk ourselves. My advice is to buy at the base time later, it's not the right thing to choose coins this season, all I do is monitor the ups and downs about crypto because the market is going through bear season so you don't get bored and other activities.


Bearish season is a good opportunity, but along with is the risk that may affect your mindsets.

Seeing your investment going low and you are not prepared with that kind of momentum, most inexperienced traders
are being hype of those people who shares good outcome.

Not knowing or understanding the risk, it will just lead you to lose your money, best time is when you already know
what you are doing, investment is good as long as you know how to play the right way.
Bear market is considered as the time to make more investment. Whales easily enjoy the market whereas the small bag holders always enter the market with fear. This fear is due to the market being on the bear trend.

The fear accompanies the chances of losing the capital as said, for that users need to have an alternate plan without which buying/selling during the bear market increase the difficulty of making profit if you doesn't have the patience to hold if market isn't supportive.
1922  Bitcoin / Bitcoin Discussion / Re: Bitcoin price and actions to raise it on: June 07, 2022, 08:25:56 PM
What we experience out of the market is common. The price reached $31k+ value and have experienced a downfall on the same day. OP have tried the best to make something in the market and support the progress, but there is nothing to be done. These days even the Whales weren't able to drive the market. Maybe we can suggest every business person to accept bitcoin. This needs to be done on countries where cryptocurrency usage is regulated and legal. When real-time usage increase, surely the circulation will reflect in rise of price.
1923  Economy / Speculation / Re: Don’t rush to buy Bitcoin on: June 06, 2022, 11:58:34 PM
I agree that it won't go down that much. Its clear to me that bitcoin has already hit the very low, it won't go lower than that. Its obvious that we are just waiting to reach to the top levle and I believe that in order to reach that top level, we only need some time. So people who do not "rush" right now, will be hte people who will be upset about it later on. I hope that we could be quick enough to buy it, I bought some but I am willing to pay some more and waiting for that to happen. Its not going to happen overnight, but the moment I get paid, I will end up using that to buy some more bitcoin and I hope it won't go up before that.
I don't really think Bitcoin will rise as quickly as you seem to think, since Bitcoin used to have a reputation of being a hedge against inflation for many people, but when inflation started to rise in many part of the world due to the Ukrainian war and western restrictions against Russia, Bitcoin failed to perform as expected and collapsed.
Agreed, the war had made a big impact on bitcoin market. During the beginning days of war, bitcoin experienced a drop and bounced back as a result of increasing usage and people considering it as a hedge against inflation. Beyond certain point it wasn't able to perform against the traditional market. Once again it is time to prove its ability, and this isn't gonna happen in a short.
1924  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: June 06, 2022, 10:03:26 PM
Germany is planning to build LNG terminals on their territory to replace the supply of russian gas demanded by the country and maybe will be able to export part of the production to another countries. That is a necessary measure that is advancing fastly in the political sphere in order to execute the project sooner as possible, because Europe is in a hurry. I hope their plans work until a definitive solution can be found, since it's not possible to rely on LNG forever, since it's a finite source of energy (non-sustainable). Besides this disadvantage, another one is the fact LNG terminals are expensive to be built, so a huge investment is needed, but I guess it's not an issue at all for european bureaucrats.

If the plan works as expected, dependance on russian gas will decrease from 55% to 10% by 2024.
LNG revolution: Germany’s plan to wean itself off Russian gas takes shape
Not only Germany, every country have made plans of creating renewable energy production, but this can't be made to happen in a short. For the immediate need it is must to depend on the oil wealthy country. It looks like Russia have profited more than 20% out of oil amidst the war. Germany made some requests to Middle East countries to increase the supply, and they weren't able to fulfill as the natural gas terminals isn't available. Not this is getting fast phase construction. Following Germany more countries will do it.
1925  Bitcoin / Bitcoin Discussion / Re: Paid the birth fee using bitcoin at the clinic, by accident. on: June 06, 2022, 05:51:46 PM
Congratulations on the birth of your son, it's very special that your child from birth has been introduced to BTC as a story . he will grow up . hopefully always healthy children and mothers and for you to be more active in looking for BTC who knows there will be a surprise from btc again, the main thing is congratulations for the happiness of your little family

Tell me which country do you live in?  Grin
Based on the name Muhammad Alven it looks like he's from Indonesia. This name can be seen much on Indonesia than any other countries. As said the entry of him to the world itself have got connection with bitcoin. This is something really special for Muhammad Alven. This incident shows that people are slowly getting transformation towards direct dealing with cryptocurrency which is the reason for which Satoshi innovated it.
1926  Economy / Gambling / Re: HELP WITH BETTING! BETTING FOR YOU! MAKE MONEY WITH ME! on: June 06, 2022, 02:18:03 PM
Who will be interested on these offers when we've got number of gambling platforms that gives access to different games as well as all the leagues played around the globe. In the past people used such services through bookies, now everything have changed and people want everything to be enjoyed themselves and not through someone else. OP thinks that if he mention serious people only contact me, then everyone thinks this to be a legitimate service.
1927  Bitcoin / Bitcoin Discussion / Re: Will owning 0.01 BTC really make you rich? on: June 05, 2022, 08:14:56 PM
The supply of bitcoin is limited to 21million. This means for now 21BTC could make one rich. Having such a number of bitcoin will make one among the million. With just 0.01BTC becoming rich is really an impossible thing for now and for the future. In today's price a single bitcoin can make me rich in my country, but if I spend those bitcoins without doing any job further then it'll get over within two years time.
1928  Economy / Economics / Re: Food crisis coming? What's wrong about it? It could be good on: June 03, 2022, 11:44:23 PM

I have heard about something like this before but it is still uncertain when that will be. It happens in the time of covid and it almost looks like everyone is going to die but now, everyone is back on their feet. The price of food had been skyrocketing without limit and the government is not doing anything about it on looking for a better alternative for inflation. It will be worsen in the third world countries that are still fighting with huge corruption where the percentage of poor masses are increasing on a daily basis
It looks like European countries are mainly facing the increase in the food shortage compared to the Asian countries. This is much due to the Ukraine war. The inflation over Europe have been recorded high above 8% and the Central Banks are struggling to balance and eliminate the recession. Even without the food and energy crisis the inflation is recorded to be 3.5% to 3.8% and the same have impacted the consumers. This means the price change on the consumer end have reached 39%
1929  Economy / Gambling discussion / Re: How can a new sportsbook gain trust? on: June 03, 2022, 11:35:28 PM
I don't care what anyone says, a sportsbook with complaints is actually a good sportsbook ,or has a path to be a good one. If there are complaints, and the sportsbook solves them then it is going to be a great website. I do not know if a website that has no complaints here would be good or not, how would I trust them.

But, if they do have people with problems coming in here and talking about it and then the casino solves it, that would make me gain more trust to them. Plus people who talk here matter, like sportsbet.io is such a giant in their field, and yet Steve is always here talking to us, that also allows us to trust them more than usual as well since we know we can chat him up and ask some stuff.

There's no problem with sporstbook with complaints, because no one is perfect. But so long they are resolving the issues in a timely and fair manner, that's great for me. Because in those complaints, the site will also improve their services. So if they listen and resolve the issues accordingly, they will really gain trust from the community. But if they are silent and avoiding the complaints, then, that's a red flag. An active communication is also desirable for any site to build the trust from their players.
A good support team is what mentioned in the above post. Solving the issues at the earliest will keep the players come again, if not the users are gonna find a new platform. Because, we've got more number of sportsbook with varied features and gambling industry is getting to be more competitive than the past. Trust is very important in this industry, and the same can't be gained in a short. If requires time, as people need to make use of the service and depending on the satisfaction will be the trust.
1930  Bitcoin / Bitcoin Discussion / Re: Central bank and it ignorance on Bitcoin on: June 03, 2022, 11:29:28 PM
The banks are no longer ignorant on bitcoin. I doubt they ever were, the financial institutions are not naive of bitcoin. They know the potentials of bitcoin, they just don’t want to lose their clients that’s why they never supported bitcoin publicly.  JPMorgan is shifting towards crypto investments in the last year.
The banks tried to stay ignorant. Now this has changed and slowly banks were getting on the track. Even in the past it looks like banks and financial institutions have made investments on Cryptocurrencies indirectly fearing their involvement could ruin the banking system. Anyhow this is the time where the cryptomarket needs to coexist with the banking sector. As a beginning many banks have started to support trading of specific crypto. Hope this will get widen around.
1931  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: June 02, 2022, 11:59:30 PM
England V New Zealand

I look forward to watching the first Test match between England and New Zealand. These two teams are very strong for the Test format. However, New Zealand's performance in the last few series was not as good as we expected. They also lost a Test match against a team like Bangladesh. But the New Zealand players are experienced enough. Hopefully they won't make any mistakes at Lord's. And we will have the opportunity to enjoy a competitive match.
Yes, this match will be intresting to watch. England lost its previous test series against West Indies but Newzealand were able to draw their previous series against South Africa. In my opinion Newzealand are still in a better position than the English side. The only advantage England has is that this match is being played in their home ground.

The match is being played at Lord's, England's home match, so I think the England team is the favorite in this match. The New Zealand team also played poorly in their last two series. They drew the series with South Africa and Bangladesh. Both teams are now very weak in the Test format. And so now it is very challenging for New Zealand to perform well against a strong team like England.

The pitch seems to favor the bowlers. At first, I thought that the English bowlers did an amazing job by bowling out the NZ side for just 132 runs then after seeing how the English batters played it seems that the pitch was made for bowlers. England still trails by 16 runs and have already lost 7 wickets.
In favour of bowlers, and both the teams have did the same against each other. Possibly England will score between 150-160 runs. Four more days left in the match with the increased winning chance for England. However there is no big difference between the team performance by the end of day 1. The match can turn towards New Zealand too.
1932  Economy / Economics / Re: What is the golden rule of investment? on: June 02, 2022, 11:10:01 PM
Just tell him them there is LUNC 3.0 and this time when its reaching to its ATH, you advice them to sell.  Cool

I have experience the same because it felt like I am a pro when I profited a lot during the bull market so I advised them to hold but when I told them to sell already.  He also object because he remembered me saying to HODL. Now it seem like my fault. It took me days to convinced him to sell and when he finally sold the coins, he still blamed me for telling him late.

The golden  rule is to sell when the price hits ATH.
The rule is to sell when the price hits ATH, but it is quite a hard task to confirm the ATH price of any cryptocurrency. Some might get lucky in this.

If you're in a state of giving investment advice, suggest him and request him to do his own research and invest with the amount that he can afford to loss.

When it comes to money, there'll be similar issues arising, because everyone make big plans out of their investments. When it fails, it pains them.

In most cases, when we're new to the market we should focus on booking profit at the earliest and never hold long for big multiples. More that we hold we have the risk of losing too. So, based on our ability should be our investment plans.
1933  Economy / Speculation / Re: Bitcoin fall below $30k on: June 01, 2022, 02:24:05 PM
OP believe that the lowest price to reach after dropping down to $30k is $25k. Once after reaching down to $35k, the price reached the bottom value around $26000. Further after a hard price fluctuation between $28k and $29500, the price have bounced back close to $32k. This is kind of temporary trend change and from various experts prediction it is said to turn bearish. If the price couldn't withstand the $25k resistance, surely we can expect around $23k as the low of bearish market.
1934  Economy / Gambling discussion / Re: The digital ID for Gambling on: June 01, 2022, 06:21:16 AM
For few reasons this is good.

  • Important one is the kids getting into gambling can be restricted.
  • Government is able to tax the gamblers.
  • Casinos have the advantage of solving issues, if someone have tried to cheat.
  • It is possible to easily keep track of gamblers getting into addiction. Measures can be taken by giving break to those users.

On the other side the privacy of the gamblers gets disturbed. Governments have every data, more people will look for ways to duplicate the id and using blockchain technology will make the process more effective. This move from the governments will direct people towards cryptocurrency accepted platforms for their gambling needs.
1935  Bitcoin / Bitcoin Discussion / Re: What approach do you expect from the Government if your Country adopt bitcoin? on: June 01, 2022, 05:42:18 AM

Knowing the nature of bitcoin and how it runs definitely is a big factor if any country wants to adopt it in the future. Extensive and in depth research must be done. Not just a research that's on the surface, but a research that will cover everything about bitcoin including the blockchain technology that it's built upon.

I don't think our government would really plan to adopt it anytime now or even in the future. But if ever it will happen, they must gather all their resources to check about every side of bitcoin. If they won't plan, organize, and strategize well enough, surely the same failure is expected to happen. The idea of promoting crypto and having its benefits is great. But it has to be done correctly. An active and determinitic approach should be done.
A far deeper research and planning is very important before making it work with the government in real-time. The technology is efficient and has its own advantages, but on real-time usability it have got issues as the market is linked to a country's economy. Being manipulative the market could be moved in any direction, so it is must to analyse all sides of bitcoin than just having an overview.

To my country there is no perfect plans of adopting bitcoin. Another thing, even if it's adopts there won't be much of impact as people are continuing to use it amidst the improper regulation and legality.
1936  Bitcoin / Bitcoin Discussion / Re: What's preventing bitcoin from worldwide adoption? on: June 01, 2022, 03:50:27 AM
The adoption of bitcoin is happening in a consistent manner. In the past we used to see opposition from the governments whenever cryptocurrency usage is promoted. Now the countries that are against cryptocurrency too have begun to use cryptocurrency and regulate it understanding the need and the increasing usage among the common people.

One the other side many ways of promotion and awareness are happening around. One of the region where the adoption is experiencing massive growth is the African countries. Binance have announced its awareness tour BCAT - BlockChain and Crypto Awareness Tour. This will go through certain regions and particularly concentrated on Southeast Nigeria, Uganda, Cameroon and Ghana. Already Binance through similar program have reached over 60000 Nigerians through different institutions. These kind of activities too will increase the adoption of bitcoin around the world.
1937  Bitcoin / Bitcoin Discussion / Re: 40 high schools in Argentina to launch bitcoin in their curriculum. on: May 31, 2022, 05:53:45 PM
Since 2016 Argentina is experiencing hard inflation. This has made more than 37.5% population turn poverty. This has made Argentinian show much interest towards cryptocurrency investment. As a result the cryptocurrency penetration into Argentina is found high compared to the other countries of that region. The increasing usage is out of the belief that it'll help the people overcome the inflation. Now the school education will also help in making cryptocurrency usage in a better way unlike any market fluctuations.

Argentines turn to Bitcoin amid inflation
1938  Economy / Gambling discussion / Re: Ever thought of doing your thesis on Gambling ? on: May 30, 2022, 11:49:20 PM
As in the OP, this article can be added as a reference while providing treatment to the gambling addicts. I've come across people submitting thesis on different titles, but the core will be having very minor changes from one another. Upon this I expect more people to do their thesis on gambling, but when asked whether this benefits anyone. Yes, it benefits the person who does thesis on gambling as he can add the respective article as reference. A thesis from a complete addict will be good, but that looks like a story.
1939  Economy / Gambling discussion / Re: Are you Still Supporting And Playing On Newly Launch Casinos on: May 30, 2022, 11:10:33 PM
Every user will have some specific platform as the favourite. Myself too have a favourite platform and I prefer using it than other gambling sites. However when there is a new gambling site into existence I used to give a try. This can be with a small deposit or with the small bonuses provided by the platform. With few platforms I've enjoyed using the play tokens provided. Majority of the gamblers give a try and if they liked it, they'll start using it based on its reputation and trust in the long run.
1940  Economy / Economics / Re: What can an average JOE do to face the global food crisis? on: May 30, 2022, 10:47:26 PM
Everyone needs to understand the ultimate of making money. First thing is to fill our stomach, people are passionate about different things, they've got dreams, they've got goals to be achieved and it continues. For everything to happen, one need to live their lives. This isn't possible without food, some claim they'll live with just consuming water. This isn't the reality.

For now the better way is to learn to survive, which means educate yourself to grow something that can fulfill your food needs when the situation turns worse. Most people mentioned of agriculture, you could concentrate on livestock which helps earn as well as fulfill food needs.
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