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1721  Economy / Trading Discussion / Re: Which indicators you use? on: January 21, 2023, 03:14:43 PM
When there is a bull market, it is normal and expected for it to be doing well enough with any indicator possible. I am not saying that it is easy but it's at least easier than a bear market. When the prices of everything is going up, you would make profit one way or another.

The problem would be making more bitcoins, because if that is your aim then even on the bull markets you could trade your bitcoins to something else that may not go up as much as bitcoin and you would end up in a "loss", while your dollar value increases, you would miss out on a chance to make more bitcoins. That's what I aim at, try to have as much bitcoins as I can at the end of any trade I do.
1722  Economy / Gambling discussion / Re: Saudi Professional League 2022/2023 on: January 21, 2023, 02:46:52 PM
How much money was offered is not the issue here, the problem is that we still have some worries about human rights violations going on in Arabic peninsula. Maybe we are giving misinformation by the western media, but when you just open up a law book and read the laws of some Arabic nations, it does look like it's not what we believe to be "good thing" in the west.

I am not saying we should dictate how Arabs should live, do whatever you want in your own nation, but if we disrespect it and not want to be there? Then it is our own decision and to mock ronaldo and messi to be fine with all of it just because of money when we all know they go against it? Like Ronaldo having kids with his girlfriend and not marrying her is illegal there, and yet he is fine with his life style being illegal as long as he is paid and special case is made for him. That's the bad thing that we are against.
1723  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH & DOT on: January 21, 2023, 02:31:02 PM
I can't talk about DOT, maybe it will be great and maybe it won't be but at the end of the day it's going to be something special for ETH, because it is getting better. I have always talked about the difference between miners and staking. Miners used to mine ETH and then sell it for cost, and now ETH is staking which means you do not have to sell since there is no cost, in fact there is a reason to buy more.

This switch from PoW to PoS will definitely cause it to do a lot better. I am expecting insane amount of rises in ETH price when the bull run happens, the next time a bull run comes along, it will rival Bitcoin itself, there is no doubt about that.
1724  Economy / Speculation / Re: Bitcoin recent boom tracing back to Mt Gox + FTX/celsius/terra on: January 21, 2023, 01:09:22 PM
Both mt.gox and FTX collapses helped to spot out the "real potential" of bitcoin at the bottom of bear market. If I remember correctly, mt.gox collapse led bitcoin to test ~$180 by January 2015 and in November 2022, around FTX collapse, we tested ~$16k levels. I call these price levels as real value of bitcoin as there were enough buyers around those levels for not letting down bitcoin falling further.

In next 8 years, we may see many exchanges come and go but when bitcoiners start believing into the concept of decentralization and ignoring centralized services then we can prevent another incident of influence of collapse of an exchange or any other similar centralized service provider.

All centralized services are prone to collapse as they are built and managed by few people and people are known for malfunctions for any reason. Until we let centralized service providers to grow giants, their collapse will influence bitcoin market for sure.

Diversify your centralized service needs to ensure less influence of them into bitcoin markets.
1725  Economy / Gambling / Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus on: January 21, 2023, 12:02:38 PM
I would guess that even if the price being not so high is a trouble for them, they were not trusting the token price to be high to keep the business going, but they probably didn't believe that they could spend money on something that wasn't profitable at the moment neither.

And that is okay, if they do not want to, they do not have to, they as a business could avoid that and it's their right, if your decision for this is to leave and find a place that keeps on developing, or already developed higher, then it's your decision and I can't comment on that too much, whatever you want to do is your own decision. I will come here time to time no matter how much developed it is.
That's true, if you are a casino with a token that means the token means something for your business overall. It may not be the only one, if some whale comes in tomorrow and wagers 100 bitcoins away, that means they just made 20 million dollars in a single day because the whale gambled it and lost it.

However, what are the odds of that? So, it's better to have a sustainable way of making money which would be having the token at a higher price, not because they would sell, but they would make more money as well instead of just the customers. This is why it's crucial for the bull market to come back, to keep this company alive, hell we see bankrupting companies like collapse of ftx during bear period, so bull is needed for ALL crypto related companies.
1726  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: January 20, 2023, 10:19:31 PM
Anything is possible to happen. There are some news that said that gave more confirmation about offers that have already been made by Liverpool for mbappe. Im also reading it even PSG was giving a green light for him to join Liverpool. I guess that Liverpool has been offering PSG a very good amounts of money for him but this is still remain a rumour.

https://www.sportsmole.co.uk/football/liverpool/transfer-talk/news/psg-gave-mbappe-green-light-to-join-liverpool_504579.html

Im feeling curious about what would be his decision. Even FSG was meeting with FSG in the private jet about the potential of his transfer to the Liverpool

https://www.mirror.co.uk/sport/football/transfer-news/kylian-mbappe-liverpool-meeting-jet-28988045
I think Liverpool situation is more real than anyone could understand. That whole Real Madrid thing was a one to one annoyance issue and PSG didn't want to sell him to them, not that they didn't want to sell him, they just didn't want to sell to Real Madrid. So, if Liverpool offered the same amount of money, I am sure PSG would take it.

However, there are still a lot of money left to pay, from the loyalty bonus thing, which was like 100 million or something. So, either Mbappe leaves a lot of money on the table to move to Liverpool, which would be awesome to watch to be fair, because premier league would be more fun. Or he stays at PSG and gets paid A LOT more money.
1727  Economy / Speculation / Re: Will Btc get to $12k or $10k on: January 20, 2023, 09:54:12 PM
No one imagined that the bitcoin price would return to the $16k point as the decline did not occur immediately but was gradually pushed down to that price level. This makes many people unaware or does not think that it turns out that bitcoin can be lowered to that level. And while the price was able to return to $21k yesterday, it is still possible to drop back below $20k. And this is a correction that has happened to bitcoin so many times that it will affect other coins. But we don't expect the price to drop below $20k. And if that happens, we can't do anything and can only try to buy it at a low price.
Yeah, the price reached 16k because there were a lot of news that caused it to crash, not because the price deserved to be there, but the outside causes made it there. It was around 20k like now before the FTX thing happened for example, and then FTX happened it crashed the price.

If we look at bitcoin, and how much it "worths", does FTX bankrupting had anything to with bitcoin itself? Did the price impacted in anyway because of it? Did the value of it? Price did because many sold, but FTX bankrupting has nothing to do with bitcoin itself at all. Hence, I believe that we should be focusing a bit more towards what we can do with it regarding value and not the price.
1728  Economy / Gambling discussion / Re: Miss Universe 2023 betting. on: January 20, 2023, 09:05:32 PM
its valuation is degraded gradually. Nobody thinks so about this Miss Universe. Even a decade ago, when the Miss Universe pageant was held, the media used to make a lot of noise about it, but nowadays people's interest in this event has started to decrease. Moreover, many people are making negative comments about it because it is chosen from America most of the time.

But I don't want to adopt it as a tool for betting. Although it may be of interest to many. Moreover, I have never heard any such betting discussion in my long betting life. However, since people's interests are changing day by day, they may also be included in the future.
It's basically about finding people for Hollywood if you ask me, or whatever nation they are from. It's literally a way to bolster up a CV before they could act in anything. If you win miss universe, or if you were in anywhere near the top, that means you could get some acting roles, most of the miss universe contestants end up with either being "influencer" on instagram, which is easier because if you were in the competition then you have tens of thousands of followers at least, millions if you won.

And if you won, then there is a good chance you would be first offered commercial roles, and if you are any good, you could gradually go towards bigger roles in tv series or movies.
1729  Economy / Economics / Re: How is the cost of living in your country? on: January 20, 2023, 08:54:30 PM
Cheap if it would be compared with expenses in ither countries but expensive because of the minimum wage salary.
This simply implies my country as well. Of course it's cheaper to buy things like rice or chicken or whatever, because it's a 3rd world nation so the guy who farms rice or raises chickens do not need as much as an American would need. However, you calculate how rich your nation is based on how many hours would you need to work in order to buy something that is globally same price. Like for example a macbook, or a playstation 5, or some known TV with huge screen etc etc. These are global prices, car would work in this as well but it's harder because it's more expensive.

In my nation it's near impossible to get playstation 5 for example because it's 2.5 months worth of minimum wage, it's like 5 days for Americans, that's the difference.
1730  Bitcoin / Bitcoin Discussion / Re: Curiosity on Bitcoin brought me to this amazing platform on: January 20, 2023, 08:16:22 PM
Bitcoin can indeed provide opportunities for people to make a living, but they have to try hard because now many people know this bitcoin's potential. But in this forum, many scams also occur, similar to fraud in real life.

The most important thing is how you can get various useful information to start trying to earn money from crypto. But bitcoin is not a short-term game changer but true bitcoin is a blessing for this generation.
There are also a lot of information on how to earn, more than how to profit and that's the most important thing. You could find so many people who make a living out of crypto, and that means it is not going to be too bad.

Like for example a hero/legendary account here could make as much as 400 dollars a month and that's a good thing because there are so many nations with less than 400 dollars minimum wage, meaning just the signature campaigns here alone could get you enough money to survive. On top of that you could join bounty campaigns, work as something for a project and many other business possibilities that could take you even higher. I make about over a grand from just crypto jobs I do, that's really really good in my nation.
1731  Economy / Economics / Re: Always Buy Up - a discussion about having Strategy in your Life. on: January 20, 2023, 07:03:49 PM
Having some sort of understanding about the future of bitcoin, will allow you to get rich but you may psychologically reject the possibility of it. If you end up working for 20 more years, and every single time you get a salary you put 10% into that towards bitcoin, and keep doing that for the next 20 years, it is 100% guaranteed that you will be wealthy. Not just rich or something, I mean like 10+ houses worth of money no matter how much salary you make, if you make a lot then it would be even higher.

But, you need to remember two things; first of all never sell, even if it goes down, keep buying with 10% of your salary and never sell, and secondly you should not stop for too long, maybe one or two months is fine, but if you do it for 20 years with 5 year breaks in the middle that won't work.
1732  Alternate cryptocurrencies / Altcoin Discussion / Re: The Future of NFT on: January 20, 2023, 05:15:10 PM
The problem for me was the original, not the chance of being able to be copied. Like the highest paid ones were cryptopunks, and looking at them... I really do not want to own any, and do not make sense that anyone would want to own any neither. I get that it's rare and scarce and all, but it's not art, it doesn't have any reason to own aside from the rarity.

People bought it because there was a hype and NFT was a new thing and punks became the symbol of it etc etc. But at the end of the day there was absolutely no art value to them at all. They were as stupid as the banana stuck to the wall art, definitely something that doesn't make sense at all in the long run.
1733  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Polygon network going to be an alternative to BSC network? on: January 20, 2023, 04:18:02 PM
Matic is basically closer to ETH instead. It won't be an alternative to BSC but it could be basically just a smaller version of ETH to help it out. Think about it this way, I have seen a game that uses Matic, in the sense that you would be buying and selling ETH there, and you would be buying game NFT's there, but it will be in ETH but at Matic network. This could also be bridged to ETH eventually if you grow big enough.

So it is like Dollars and cents, in the sense that if you want to spend less, there is no reason to spend high gas fee on ETH so you use Matic, but when it grows big enough, it becomes a lot more reasonable to use ETH, this will probably go on for a while.
1734  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: January 20, 2023, 02:40:03 PM
I am not entirely sure how that would work. I mean the track is basically out of the stadium, paddock being in, pit stops? The walking distance, the gap between engineers and drivers, and people not watching the race mostly?

I get that there is a stadium there, but the whole race won't be there, and if you put the paddock in there, it is still not going to be acceptable levels of distance, it has to be right on the middle of the track to make it reasonable. I am not saying this won't happen, Americans are weird in a way to want to make things bigger, when in fact just making it according to usual regulations would be enough, so they may do it, but I honestly hope they won't.
1735  Economy / Service Discussion / Re: Get FUNDED to TRADE CRYPTO (Up to $200,000) on: January 20, 2023, 10:55:01 AM
By paying $85, I can avail $10k capital to trade and I am allowed to lose up to 10% of capital which means I can lose up to $1000 for my $85. How a company can sustain when their business model is prone for 10x losses for every subscriber.

You mentioned about your withdraw arrived in 3 days but all the places I am trading are honouring all my withdraw requests within minutes.

Overall this looks like a phishing attempt for those fees from $85 to $998 and probably you will be allowed to trade in demo environment and if you make 10% losses then they will not have any headache but if you manage to reach a position to request a withdraw then you may wait for infinite days to see your funds arriving at your wallet.
1736  Economy / Trading Discussion / Re: Two Types Of Traders - My Personal Classification on: January 20, 2023, 10:18:51 AM
When a market got lots of manipulators, your all analysis will never help you to make profits. So, regardless of your efforts on studying the market sentiment, you will become a 'blind trader'. These days, every market is controlled by whales and you cannot escape unless you keep your targets and stoploss small. It means you may get chances to make profit within the manipulations but not per your analysis.

In my experiences, no trader can remain as awakened trader all the times but can escape from not being a blind trader by understanding the patterns of whales' manipulations. I mean these days we need another kind of analysis to spot out whales' actions to secure out status of being a profitable trader.
1737  Economy / Gambling discussion / Re: Saudi Professional League 2022/2023 on: January 19, 2023, 09:22:41 PM
Having some sort of "payment" to meet Messi and Ronaldo is insane, I mean not that any of these players need this type of money, but to be sent from rich person to rich person like they are some zoo animal is degrading and they are doing that anyway, it's their own mistake.

I feel like this much money comes with "responsibilities" that you have to follow and that's not going to be so honouring obviously, it will be degrading mostly. In any case, Ronaldo playing against PSG feels like there is going to be some players missing. PSG should avoid bringing Mbappe at least, no need to risk him, if the request is mainly for Messi, let him be the only big name.
1738  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: January 19, 2023, 08:52:44 PM
What is the exact reason PSG accepted this friendly? I am sure there was some money involved that part is obvious but they are not the type of team that actually needs the money, they are pretty rich anyway. I also checked the owners, and PSG seems to have owners from Qatar whereas Al-Nassr is a Saudi team, so it is not that neither.

I am not entirely sure what the reason is at all. Like if it was the same owners then I could understand too but that's not the case. So whey do they accept it, just for money? I really do not see why they would need the money from this game, they are a pretty rich team with very wealthy owners who have billions, what could this game offer that they don't have?
1739  Economy / Economics / Re: Another Boom for the crypto market. on: January 19, 2023, 08:38:03 PM
We haven't moved beyond 21k with this news. It's "that" important, great for Polish people who want to use binance, but that's literally as small of a niche as you can find for a good news. How many Polish people who didn't have a method of buying bitcoin, that ended up having a method of buying bitcoin thanks to Binance being available to them? Not many people, not a lot of money to begin with, hence why the price doesn't move.

I have to say that people are overreacting to the smallest good or bad news based on the momentum, if it's going up, the smallest things look like they could be huge, and when it's bad, then smallest bad things could look like the worst thing ever.
1740  Economy / Speculation / Re: The Start of a Bull Season on Bitcoin? Or a Trap? on: January 19, 2023, 06:42:41 PM
I believed that it is a beginning of a bull season, but looking at the situation right now, I have to say that there is a possibility it could be a trap as well. The reason why I am saying is that we are talking about a stagnant move right now. I mean normally if it was a bull run, we had 2 clear increases, first it went from 17 to 19, and then moved from there to 21. That is why it looked like it was a bull run, and I believed it would be like that, 23 and then 25 and so forth.

This is why it made sense for it to go further. However, now that we look at it, after it peaked at around 21k it started to look lower and it is not moving any higher which gives the feeling of a trap to be fair.
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