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This is a bit of a stretch as far as the narrative goes.
People price BTC mainly in USD anyway, so it makes no sense for USD's relative performance compared to other FOREX to affect BTC/USD prices in any meaningful way.
In fact, I would argue that if USD strengthens, BTC would likely strengthen against other currencies as opposed to decline - simply because most traders value BTC using USD as a benchmark.
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Or will they remain stable at least?
I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.
You guys have any thoughts on this?
All else equal, definitely. ETH is simply a more practical and established platform compared to ADA. Sure, ADA does have the academic backing and whatnot, but that does not count a single bit when you're talking about widespread adoption. But that's not to say that Cardano will just go to 0 - it'll serve a niche for institutional investors who want to invest in evidence based solutions, imo. |
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I really hate betting on the Clippers.
They are simply so inconsistent, but they are good enough that the moneyline odds offered on them are very low.
There's legitimately too many losses for me to name, but I remember one instance when I had a 1.2x bet for Clippers ML and they choked a 10 point lead at halftime.
But still, nothing close to a blacklist - just a team that I would avoid as much as possible if the odds aren't fantastic.
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How can one equate "too important to ignore" to a gesture of actual approval/adoption of BTC?
Clearly, they are completely different in nature. Institutions have long recognised the importance of BTC but have pursued no particular action upon it - whilst others have even explicitly rejected BTC.
And quite frankly, who cares about what institutions say. Their involvement is not necessary for mass adoption to occur anyhow.
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I really like this idea.
I have not yet seen a single crypto casino blog/ratings agency that is not biased/predicated on profits from affiliates.
However, I'm not too sure about the blacklisting system. The amount of scammy sites out there is too vast to document, and they change too frequently for there to be a definitive list anyway. Perhaps having some tips to spot dodgy sites would be better use of effort.
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Some people are spending millions of dollars on NFTs like crazy these days. I've seen a case where a so-called NFT art sold out for million of dollars (USD). It turned out that the so-called NFT art was simply an image available on the web for free. I can't understand why somebody would pay ridiculous amounts of money for something that can be easily copied from the Internet? Am I missing something here? For what I know, crypto behaves in strange and bizarre ways. First it was the ICO hype. Then came the "De-Fi" hype. And now it's the NFT hype. Who knows what the next big thing in crypto will be? Thoughts?  Completely ridiculous. No market exists outside of a few elite players. It's comparable to the fine arts market - there is only value to the NFTs because people want to pay for them, not because there is any sort of intrinsic value. It's a fad that is going to pass sooner or later imo. But it doesn't help that celebrities are pouring in on the endorsements for this, although it makes sense for their own personal gain. |
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Actually somewhat of an underrated topic.
With the advent of live games that require player input such as Crash, this has become an increasingly prevalent issue.
I've personally lagged because of a crappy internet connection which led to losses a few times on Bustabit. But this is the risk that you run when you are playing on these sites. The T&Cs of each site protects the site owners from becoming liable in these events - and there is really no recourse for you if this does happen to you unfortunately.
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I think that if you have some sort of discipline and skill, you would probably benefit more from a competition.
The odds offered on normal, individual bets honestly aren't the best. You're much more likely to find value by playing against others who may be of the same skill level or less.
Think about it. If you were good at poker, would you play against the house in some poker variant (guaranteed -EV), or against others? Obviously the latter.
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Definitely.
In general, beginners tend to play way too many hands especially when they're the small blind or big blind at their table. They also tend to bluff a lot more than what is required, which results in suboptimal gameplay.
Staying consistent with a mathematically optimal strategy is just as important as getting lucky hands, imho.
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Thank you for your opinion, but I am asking because we are talking about an instant purchase which is the most easiest way to have bitcoins, the simple way to having bitcoins. Because I know there are plenty other way to buy it at below market price but I am talking about the best simple way to have it! Thanks for giving opinion
In that case, go with Coinbase. Try not to use it with large amounts as their customer service is absolutely notorious, as I said. If you are only looking to speculate for the short run, perhaps look at Paypal's virtual bitcoins as well. It is probably a lot more convenient compared to other crypto exchanges. Though, I would be very careful with holding these virtual BTCs in the long run as you don't hold your private keys (or any physical BTC through Paypal, for that matter). Your position is completely synthetic. |
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If you have been following events as it relates to bitcoin price weekly analysis you will be familiar with the fact that bitcoin always reset it price on a weekly basis starting from Monday, and the direction the reset goes may greatly determine the price through out the week, take last week Monday 7th of march 2021 for instance bitcoin price was $48,980 and ended the week with positive price gain of +0.91% and through out last week we saw how the price rose to an all time high of $61179.79 before dropping down again to $60,197.9 starting the new week Monday 15th march 2021 with a negative pull back of 6%- and at the time of making this post 16th March 2021 bitcoin price is $55,710.60. This have shown to a great extent how negativily the market have been this week.
In conclusion
Bitcoin all the time have a new weekly price reset mechanism which control the direction the price will go either in a positive or negative directions.
What are your thoughts on this?
Complete coincidence. Markets are almost efficient, and if there was to be any short term trend like this that is predictable then traders will trade that opportunity away almost immediately. If you decide to day-trade based on an arbitrary pattern like this, it is almost guaranteed that a bad loss will occur to you sooner or later that would wipe out most of your position. |
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Seems very scammy.
a) You can send ETH/BTC transactions for way less than $10, especially if you chunk them in one TX.
b) Who said this is the legally sanctioned way for them to distribute funds? Why are large balance holders being punished?
It just seems like they're trying too hard to look legit whilst having a completely arbitrary, unprofessional liquidation plan without any third party arbitration. But thank god they are finally gone from the market, at least.
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It's honestly just a huge bubble that is ready to pop at any second.
NFTs are intrinsically no different to stuff that has already been thought up previously, except now with a more marketable and fancy name. The celebrity endorsements certainly are helping the cause too.
But think about the extent to which NFTs are actually going to be useful in the future. It really doesn't carry much utility other than being a "flex".
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Hello,
Soon, my product, monero.cx (still not ready for public use yet) will be announced here. So, naturally, I am interested in signature campaigns. A lot of the information I can find on managers is outdated, so my questions are-
For a signature campaign manager, they hold the funds, and manage participants? Any recommendations for one?
I see that most of the current signature campaigns on the main thread are only open for higher level members. Is this open for our decision to decide which levels will be eligible?
Thanks,
cx
It's a free market. You can do whatever you want. You can choose to hold your own funds if you want. You can accept Jr. Members, even newbies if you so wished. It's your funds and ultimately, you have the right to choose. But question really is whether a) You can find a campaign manager that would be willing to comply with your terms and b) A bunch of posters who will post quality content for the conditions that you've outlined (i.e., no escrow)? Again, it's totally up to you. But if you want to run a quality campaign that will actually generate results, ask yourself the above questions. |
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Not sure why anyone would still use this exchange tbh.
They've had numerous complaints against them regarding this exact same issue in the past. Their KYC procedure is entirely excessive and unwarranted. No one should be subject to checks of this draconian magnitude, especially when HitBTC themselves is a shadily regulated exchange at best.
The Pharmacist raises a good point regarding HitBTC being the only exchange for some coins. I would personally just avoid these coins - if they lack substantial liquidity on other legitimate markets it would very rarely make a good investment anyhow.
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Just read an article where an official says they expect the crypto ban to be passed, despite other officials recently downplaying the likelihood of it.
India is becoming quite an oppressive government from a monetary standpoint. Giant leap backwards for them if they pass the bill. Won't hurt Bitcoin too much - apparently there's only about $1.2 billion of bitcoin held in India (about a dollars worth for every citizen). If they do ban cryptos it just means that one day when they ultimately reverse that ban we're gonna get a huge pump from a billion-plus people suddenly having access to Bitcoin, by which time Bitcoin will likely be far more engrained throughout the rest of the world.
It's crazy to think about a government actually making it illegal, acting like you are some terrible criminal, simply for holding a digital asset. I guess other smaller nations have done this, but India would be the first major nation if it indeed passes. The idea of banning bitcoin is a great litmus test on how much economic freedom a nation has - and if you ban it you are a terribly monetarily oppressive nation.
Thoughts on the possible India crypto ban?
And why does the RBI/government think that banning crypto is going to work at all? This has been tried and tested over a range of countries to no avail. I think that we can safely conclude at this point that it is simply impossible for a ban of a completely decentralised network to be enforceable. Having the legislation on paper is one thing, and restricting actual access is another. As you said, I wouldn't expect this to be much of a factor when it comes to BTC's price action both in the short and long run. People are used to this stuff happening, and BTC is designed to be a hedge against fiat anyhow. |
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They are even going so far as to try to compare bitcoin inflows to carbon consumption, which doesn't make sense, presumably to try to make people feel bad for even owning or buying Bitcoin.
In a world, and corporate world and banking sector, that is moving more and more towards Bitcoin, BoA seems to want to stand out as a dinosaur that still just doesn't get it.
This is so hypocritical when you consider the fact that the finance & banking sector is probably one of the most decadent industries when it comes to environmental friendliness. Though, I'm not sure what else to expect from these old economy institutions at this point. They are going to be pumping out these pieces deriding BTC no matter whether BTC's fundamentals improve, deteriorate, or go sideways. Just ignore the FUD that is being put out there and trust your own investment thesis. |
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As much as I am a long term bitcoin bull, I would advise everyone who is looking to buy at this price to take a step back and question themselves this: Are you buying to hold for the long run, or are you simply buying in order to take advantage of potential short term gains on the table?
If the latter, then pause and rethink your strategy. Longing BTC when the market is clearly FOMOing is simply not a good policy to undertake.
If instead the former, then by all means. As long as you have a good DCA strategy and are willing to hold for the long haul, then you should be good.
All TA break down eventually when macro trends reverse. This step cycle analysis included.
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This is as absurd, as it is a powerful illustration of why BTC is going to be the store of value around the globe going into the future.
The potential for fraud with precious metals is far too great and the costs of verifying the legitimacy of physical metals is way too high for it to be remotely feasible.
Yet, people criticise BTC for its high transaction fees, which is objectively minuscule when compared to the transportation costs, costs associated with securing your metals, and costs of verification.
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As you said, not sure what this guy is thinking - not a particularly bright idea to be sharing your stop loss/liquidation.
Sort of reminds me of the GME fiasco. The whole ordeal about GameStop was literally caused by the fact that institutions are obliged to disclose their shorts. Otherwise, WSB would have never been able to target individual entities.
Your proposed countertrade works in theory but will still be incredibly risky. Things can go south quickly for the relatively small potential profits that you're chasing.
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