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501  Bitcoin / Bitcoin Discussion / Re: 99% of People Will Lose Crypto in Self Custody on: December 17, 2022, 02:59:17 PM


I also somewhat agree with what he said, the newbies will be the ones who are very likely to lose their assets when stored on non-custodial wallets because they do not know how to secure them and lack knowledge about it. But I would choose to keep it in my personal wallet rather than hand it over to CZ or any third party. I trust no one but myself.

No need to agree with what he said, he said this in his position as CEO of Binance not as a crypto-enthusiast. His statement was the same as a doctor saying that traditional medicine was ineffective - they would discredit traditional medicine because if they agreed to traditional medicine, they would lose customers - and it seemed that CZ was that person. I'm not one to oppose centralized exchange platforms like Binance, I use them too, but for only a small portion of my assets, I feel safer using a non custodial wallet than having to hand over all my assets to someone I don't know.

I don't know how many assets you have but it looks like you're just a holder so there's nothing wrong with not using centralized exchanges or finance. But for many traders, using Binance is a must, they have no other choice. I also don't like to store assets on a centralized exchange because it's like a bank but I have no other solution.
502  Bitcoin / Bitcoin Discussion / Re: Education programs should cover Bitcoin and Blockchain technology. on: December 16, 2022, 04:28:48 PM
It's a good thing if they will do that in school, but I think it's hard to hire someone that is going to teach that in a school. A full cryptocurrency trader or hodler wouldn't bother teaching I guess unless the payment is good or he would do it voluntarily. The only problem here is that students might get addicted to cryptocurrency especially trading that could come up to a worst case scenario where they would steal their parents money just to risk it again after they lost everything in trading.
Because of this, it wouldn't be possible to consider bitcoin in schools a good thing, I'm pretty sure it would do more harm than good. Students will neglect their studies and rush to invest in bitcoin to make money. Bitcoin is not always profitable, and if they lose, they will easily create social evils, or they will become discouraged and do not want to continue their education.
503  Bitcoin / Bitcoin Discussion / Re: 99% of People Will Lose Crypto in Self Custody on: December 16, 2022, 04:21:11 PM
I also somewhat agree with what he said, the newbies will be the ones who are very likely to lose their assets when stored on non-custodial wallets because they do not know how to secure them and lack knowledge about it. But I would choose to keep it in my personal wallet rather than hand it over to CZ or any third party. I trust no one but myself.
504  Bitcoin / Bitcoin Discussion / Re: FTX drama stressing people for no reason | How to stay neutral on: December 15, 2022, 03:33:12 PM
indeed lately many people have withdrawn from crypto, because they are tired of always  losses when investing in crypto. and as a result of the collapse of ftx, not a few people lost and that must have caused deep trauma, especially if our invest with large capital, our heart and feelings will surely be even more tormented. and I personally due to the collapse of ftx I suffered a loss of 70% of my assets.
but I will not give up on investing in crypto. and the experience that I have made me believe that only bitcoin is right to be used as an investment vehicle.
If you want high returns then you have to take high risks, nothing is easy and free in this world. Those who cannot withstand large losses should leave the market as soon as possible. In a game where there are winners and losers, you can't expect everyone to win. Those who stay at the end are the ones who deserve the reward.
505  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin Destroy Crap Altcoins? on: December 15, 2022, 03:28:18 PM
I invested in altcoin also I the CRAP altcoins? those must be dead completely because this is the roots of abuse from manipulations and scams , I still don't get the Idea why there are still others that tries to trust those when it did not even help the market at all?

How do you know it's not helping the market? is it not useful for the market or you cannot profit from it and you hate it? Altcoins are manipulated? but not bitcoin? this whole market is like a money game. Where the winners take the losers' money, and the greedy pay the price for their greed.
506  Bitcoin / Bitcoin Discussion / Re: The future of Bitcoin on: December 12, 2022, 03:34:14 PM
In person I think that Bitcoin will be super influnetial in late 2030 era. Because at that time everything will be super adoptive and their might be new opportunities for users and that will make Crypto more and more advance. And also more and more Bitcoin becomes People's Bitcoin than their will be less chances of it's crash cause there will be more Bitcoin than any other Big influentials.
Your prediction may be correct, but just looking at the present we have seen the successes that bitcoin has achieved, so it can be assured that the future of bitcoin is very bright. I remember a few years ago the market was only retail investors but now look at bitcoin invested by corporations even countries participate in bitcoin investing. It's an incredible growth that no other asset has, it's growing exponentially.
507  Economy / Speculation / Re: Will Bitcoin hit 2022 low again? on: December 12, 2022, 03:25:34 PM
Today the market is red again and makes it even more difficult for us to expect too much, even if the price has touched $20k in the rest of this month then we should be grateful, of course we have never thought of a market like this, especially if we see in 2021 when the price reaches more from $69k.

Are you wondering what is happening with bitcoin? I think as someone who has been in the market long enough like you, this drop is normal. For me, I think it will be even worse now, bitcoin price is still very high. I predict bitcoin will drop to 10k in 2023 and you better prepare yourself or you will be shocked again.
508  Economy / Trading Discussion / Re: Are the Whales Control bitcoin price? on: December 11, 2022, 04:15:18 PM
we all know no one can controls the bitcoin price because bitcoin isn't like bank, stock and valas. but if the whales owned 51% of bitcoin, can do it?. if happen, does decentralization not exist?
Many people still think that the bitcoin price today is mainly determined by supply and demand, it is true that the price of bitcoin is also determined by supply and demand, but most of the market is being manipulated, not determined by demand. A market without any regulations would be an extremely favorable place for whales to roam. It only takes 1 Fuds to spread and the price of bitcoin fluctuates unpredictably, but many people still believe that the market works on demand.
509  Bitcoin / Bitcoin Discussion / Re: Bitcoin will not become the world currency. on: December 11, 2022, 04:09:01 PM
Who said that we were expecting Bitcoin to be a world 'currency'?
Nobody here can say that Bitcoin is a currency, it is a speculative asset with variable value every moment but has a limited supply and nobody can change that.

You are right, we are all here for the profit bitcoin brings, so no one is expecting it to become a world currency, bitcoin should be a highly speculative asset. We already have the government-generated currency and we are fine with it, no problem with it so we don't need to add another currency instead we need an asset, an investment that can generate returns to help us live a better life.
510  Bitcoin / Bitcoin Discussion / Re: Please be ready on: December 11, 2022, 03:57:37 PM
I just want to say hello. In a hundred+ years they will look back on what "Satoshi" did in absolute awe. We're here now ladies and gentlemen!!!! Just appreciate it!!! We are living through one of the most important times in human history. Bitcoin is a real store of interplanetary value.
You don't have to wait another 100 years because it already happened. Bitcoin is capturing the world's attention and is wowing the world with what it has achieved in just 13 years of existence. If you compare bitcoin to gold, this is the craziest development we have ever seen. Be proud that we are pioneers of the bitcoin revolution, the revolution that will change the world.
511  Economy / Speculation / Re: Say. Bitcoins, not "cryptos" on: December 10, 2022, 05:59:16 AM
I hate when people lost their investments when they invest in shitcoins and then completely blame on Bitcoins. I mean they don’t care before investing a huge capital, but as soon as they lose the money, they just starts complaining. Bitcoins won’t disappoint it’s investors. I am not saying this, Bitcoins itself proving this. See the marketcap of Bitcoins. This is enough to prove what Bitcoins are capable of. Moreover due to the fixed amount of supply of the coin, definitely the price will go up in future. So yes, don’t panic and chill a bit.

You don't have to hate them cause I believe those complainers are people who don't know anything about bitcoin and they are being lured by others to invest in shitcoins and when they lose they blame bitcoins without knowing that Cryptocurrencies including bitcoins and shitcoins. Teach them the difference between bitcoin and altcoins, they will find a real investment and no more complaining about bitcoins.
512  Economy / Speculation / Re: You sure bitcoin/crypto isn't losing popularity to sustain whopping 16K coins? on: December 10, 2022, 05:51:34 AM
OP, as you know you mention average people with "everyone". Most people in world are dumb when it comes to events with money - it is one of reasons why minority is rich meanwhile. People can be lost when they think about bad events as nightmares. But I am sure you would agree that FTX issue isn't gonna stay with us forever. Its opportunity to buy more Bitcoin when situations like FTX happen. Even Mt. Gox didn't kill crypto markets but it actually helped some smart people to become rich.

Yes, wealth is not for the masses, for those who don't believe in bitcoin just because of the FTX or Luna crash they should sell all their bitcoins and leave the market, the market doesn't need such weaklings. To be honest, I would be a bit selfish to say this: I want people to sell all their bitcoins and should dump as low as possible because only then will people who believe in bitcoin have a chance to buy bitcoin cheaply. I think the reward should only be for those who stay last, that's fair.
513  Economy / Speculation / Re: Bitcoin price 2023 on: December 10, 2022, 05:44:00 AM
Hi folks and friends,

This is a quick question... do you think the bitocoin price will continue falling during the 2023, or we are actually seeing the bottom price? can you see bitcoin at $5,000 during 2023? $10,000 perhaps?

Thank you a lot, trying to make the right desitions...

Kind regards;
Chris
Yes, I predict bitcoin prices will continue to fall in 2023 and maybe last till the end of the year. And my target for bitcoin will be around 10-12k, this will be the bottom of this bear season. But all are guesses or expectations and nothing is certain to happen so if you are looking to invest then buy now and use DCA. Don't wait you will regret it.
514  Economy / Gambling discussion / Re: FIFA World Cup 2022 Discussion Thread on: December 09, 2022, 04:26:12 PM
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Which team do you think can win the World Cup this time?
Brazil is the team that is showing some signs of winning this world cup title. Brazil will beat Croatia 2:1 to qualify for semi final because they are in a good stage to win this trophy because their coach will not allow what happened in their last match that made Cameroon to beat them 1:0 to happen today than to bring out all their tactics to defeat their opponent.
Brazil is a very strong team, they have a lot of talented players in their squad, no doubt about that. And they are playing very well in this World Cup too. But the Croatia team is not weak at all. I have also seen Croatia's performance in previous matches. Their defense is very strong. If somehow Croatia manages to score the first goal of the match in today's match, then I would say that Brazil will not be able to beat Croatia in this match. However, Brazil's defense and goalkeeper are strong enough. Breaking down such a defense is challenging for any team.
till half time - no team has been able to score even a single goal, Brazil vs Switzerland was a one sided match and they were able to perform goals over over goals.
But this time CRO has made a good defence. But I believe Brazil will win this match.

I also thought Brazil would win this match. Because Brazil's performance against South Korea was impressive. They performed very well. So I bet on Brazil in today's match. But to be honest I am not satisfied with Brazil's performance today. They are not performing well. Brazil is not able to attack very strongly. Although they made several attacks, Brazil was not able to score due to the excellent performance of Croatia's goalkeeper. If Croatia wins today, the main hero of their victory will be their goalkeeper Livakovic.
515  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: December 09, 2022, 02:02:20 PM
Babar Azam hits a captain's knock. After Abrar Ahmed's debut seven-wicket haul, Pakistan dominated the first day despite losing two wickets. Babar with the bat is obviously the star of the day, followed by Abrar Ahmed. Now it's time for the batters to go big with their bats. I hope that Pakistan's next morning will be a great day for them. Indeed, a great test match in progress.
Pakistan need to bat carefully on day 2 as they are 174 runs behind. We saw Pakistan fail to chase a relatively small target of 344 in Pindi test, this clearly is an indication that how good England bowling is. At the moment Babr Azam is on crease and if he can bat for next 30 to 40 overs then Pakistan definitely have a chance to get some lead in first innings.

Imam Ul Haque played very well in the first Test. So I expected a decent partnership from Imam Ul Haque and Babar Azam in today's match as well. But Imam Ul Haque could not collect any runs. Pakistan will have to start the next day very carefully. They are only 174 runs behind. It is not difficult to collect 174 runs if they can survive at the crease. My guess is Pakistan can collect around 350 in the first innings.
516  Economy / Speculation / Re: BTC, more closer bullish days ahead. on: December 08, 2022, 04:11:29 PM
I think until the end of this year, it seems that bitcoin is difficult to bullish because the price movement continues to decline which results in the market being in a sluggish state. We don't yet know the prospects for bitcoin price movements going forward, especially in early January or February 2023. We hope that the bear market will end soon and continue with the bull market.
In this year, there is really no need to expect bullishness in Bitcoin because many of the problems that have occurred this year are very vulnerable to their influence on the market, including the crypto market, so that Bitcoin looks very difficult to increase. For next year I personally still can't be sure whether the market will be bullish again or not, but for a slight increase and a better price than now I think it will be seen in Bitcoin next year.
Judging by the damage done to the market through the issue of the FTX, some DeFi rug pulls and hacking issues I think we shouldn't expect the market to experience bullish this year till the Q3 of the 2023 market. However, I believe that the bullish will start 6-8 months before the Bitcoin block halves because altcoin season always happens before the bullish market and we're yet to see altcoin season.

I agree with what you guys said, we shouldn't expect any price hikes at the end of the year nor 2 quarters of 2023. Many are optimistic that bitcoin will rise in December seeing bitcoin in the green but for now, things are falling again. It looked like they were expecting a bull run after days of market bleeding, but in the end they were completely disappointed.
517  Economy / Speculation / Re: Best time for me to buy on: December 08, 2022, 04:06:02 PM
The price of Bitcoin came to 16000 a few days ago.  We should have bought and saved some bitcoins at that time.  Yes but still the current price of Bitcoin at $16960 is still a good time to invest.  But the price of Bitcoin in 2023 will definitely go up because the life of Bitcoin is collapsing.  Now is the perfect time to invest.

Right, if we don't buy now then the price will go up again and expensive and make us lose the moment to get profit, right now the price is around $16800 and I'm sure next week it can reach at least $17500, so don't wait anymore.

There is nothing for you to be sure about, and bitcoin will go precisely what you are saying. But I agree with you that this is a very good time to buy bitcoin because if we keep waiting for lower price bitcoin could spike and we will miss the opportunity. If we compare the current price with ATH then we will see how cheap bitcoin is, the price is too good to buy.
518  Economy / Gambling discussion / Re: FIFA 2022 world cup on: December 08, 2022, 06:13:33 AM
Croatia is far behind Brazil in the FIFA ranking.
In a knock out phase, FIFA rankings don't mean too much. Players at a specific match, how they are ready, how they are united, how they want to fight, will decide results of the match together with referee decisions and luckiness. FIFA rankings are things on the paper and are useless in reality.
Quote
At the same time, comparing the gameplay and squads of these two teams, it is easy to see that the Brazilian team is much stronger. Brazil will easily win against Croatia if there is no accident. However, the Croatia team will want to draw the match by playing a defensive strategy. Croatia's defense is strong. If Croatia can score first against Brazil, they will play completely defensively. Still, I expect Brazil to win this match. Hopefully, Brazil will not make any mistakes in this match and will be able to win.
Croatia have good defense system which will reduce dangerous attacks from Brazil. Hence, it is important for Brazil to have Neymar in this quarter match with Croatia. The same importance with Casemiro in midfield because Brazil really need him to break counter attacks from Croatia as far as possible since the middle of field. With Modric and Perisic, Croatia can turn from defense to attacking very quickly and with highly dangerous ability.
Brazil is my choice to win this match too but it's hard to choose between Neymar and Modric. I really want to see both of players to have happy endings with their national teams.

However, it is also important to mention that the Croatians are playing really well as a team. Their team chemistry is excellent and they have a particularly capable midfield, which is comprised of Luka Modrić, Kovacic, and Brozovic. In my opinion, the only area of Croatia's game that they need to improve is their attack. Other than that, I feel that the match is going to be really exciting and I am looking forward to it.
519  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: December 06, 2022, 11:17:29 AM
Winning the champions league trophy now looks like a tradition for Real Madrid and as things stand, it will be much easier for Madrid to achieve even more with Kylian Mbappe on their team. Signing Mbappe will be a huge update for Real Madrid but it is still nit certain PSG will be willing to let him go anytime soon atleast not in January so Rapael Leao will be a good substitute for Mbappe.
Real Madrid have achieved their goal many times without Mbappe, they have Vinicius Junior and Benzema who are quite capable of doing it. PSG won't let Mpabbe go, especially since they just extended his contract until 2025, so this talk of Mbappe moving to Real Madrid can be put on hold for a few years... But it may will not be relevant anymore, because I'm sure Real during this time will find a good striker.

Real Madrid's targets were Mbappe and Haaland. But Madrid failed to bring these two young players to the team. I would say now Madrid should focus more on Vinicius Junior and Rodrygo. Also, Benzema's fitness is not good enough. Even so, I think he will be in Madrid for several more seasons. At the moment, I don't think Madrid management will find a suitable replacement for Benzema.
520  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: December 06, 2022, 11:13:01 AM
This year, I'm also supporting Napoli.  I'm tired of seeing the same teams win the championship all the time.  At the moment Napoli are playing matches in perfect harmony.  They have won against the toughest teams in Serie A.  They are producing new star players.  Osimhen, Eljif Elmas, Min Jae are some of them.  Of course, the young Georgian striker is also on this list.  Nobody thought that Napoli could dominate the league like this.  What they will do for the rest of the league is what really matters.
hopefully Napoli's dominance this season can last. because seeing what happened to Milan and Juve, which are currently starting to improve. of course it's not a good thing for Napoli to settle down at the top of the standings.
Dominate rich clubs like Juve, Milan, and Inter. of course the season changes. even some clubs like Udinese also performed well at the start of the season.
I am still interested in the news regarding the Juventus case. is this really going to make them down caste?

I will be happy if Napoli maintains their dominance and win the title. This team has not been champion for a long time. They finished second in the points table several times but failed to win the title. Napoli has been performing very well since the beginning of this season. They are 10/11 points ahead of Milan and Juventus. Napoli will be able to win this season's title only if they perform somewhat consistently.
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