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January 21, 2020, 08:31:22 PM *
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1  Other / Politics & Society / Re: EU, makes 1 Trillion ready for climate neutrality and gets embaressed on: January 19, 2020, 07:23:33 PM
I don't like the EU because they are pretending to be all about equality, but it all leads to a few states ruling over the rest.
I'll give you an example. The EU lead by Germany tried to impose CO2 restrictions on member countries and pushed for countries with coal power plants to upgrade to renewable or build a nuclear plant. A few days ago I read an article about Germany building a new giant coal mine and planning to use it to for power production, which means more CO2. I understand trade agreements and funding projects together but it will all turn to shit if Germany and France keep telling other countries what to build, what factories to shut down, how many soldiers to train, what animals to hunt and what resources to exploit.
2  Other / Politics & Society / Re: Where do you stand on abortion? Let's have a civil debate. on: January 19, 2020, 07:12:11 PM
No matter what the age of a person, killing him/her is murder. The first 9 months of life are simply a stage of life of a person.

Cool

This sentence is a great example of why people argue about abortion.
Some will never accept that a zygote is a human. I also don't believe that it is. For me it's just a process that is supposed to form a human, not a human (but we cannot be sure that it will). For the same reason I do not believe that a body with a dead brain is a human being. We exist as long as our brains function. A body connected to machines that keep it alive while the brain is dead is not a human anymore. It's the remains of a human.
A child becomes a human being when its brain is formed and it starts feeling things and its life ends when those brain functions cease.
3  Economy / Speculation / Re: Can bitcoin touch 9k USD next month? on: January 19, 2020, 06:54:40 PM
Congratulations you don't have to wait next month to see Bitcoin 9k$ price. In the morning it was 9100$ and all of sudden while I was having my evening tea I saw a downword slide of approx 500$. Now Bitcoin is at 8600$. You cant ever predict this currency with accuracy.

Well as we observed it is short lived after hitting $9k.  It hits $9k yesterday and revisted it again today, then after that  sellers become to dump Bitcoin pushing it downward to $8600, do you think price will go below $8k, I read some negative view about Bitcoin revisiting $6k after this rally to $9k.  Is it even possible while Bitcoin sentiment is bullish?

It kept establishing higher highs so it wasn't a rejection dump. It hit 9k then backed a bit and pumped again to 9180 which is great- each time higher high. Then it backtracked again as some people take profit, just like it did on 17.01 after breaking 9k for the first time. All organic. Then somebody dumped a big stash and it broke down. It looks like he was waiting to do it but hoped for 10k. When it didn't happen and looked like a retrace back to 8900 he sold everything. It did not look like a move by a trader but more like someone unloading and exiting. Some people held since Summer of 2019 and waited for something like this to finally take profit and exit the market. I also bought a few things with my coins went back above 8k for the first time since November.
4  Bitcoin / Bitcoin Discussion / Re: Why is PETER SCHIFF wrong about Bitcoin ??? Could you win a Bitcoin Debate ??? on: January 19, 2020, 06:43:23 PM
^
That's a good thing to see.


7.   Bitcoin is NOT a store of value, it a speculative investment.  No one is buying bitcoin to act as a savings account, the price of bitcoin can swing thousands of dollars in minutes.   GET REAL, everyone is buying bitcoin in the hopes it will go to 1,000,000 USD.   There is no such thing as a free lunch, the greater the reward, the greater the risk.  If Bitcoin can Skyrocket, it can go to zero just as quickly.

He was trying to speculate and couldn't even do it right. Centralized exchanges are made for people like Peter who can't manage their own wallers. At least he wouldn't have to worry about corrupt files and if he lost his password he'd simply get a new one sent to his email address.
5  Bitcoin / Bitcoin Discussion / Re: Remember Hodlonaut? on: January 19, 2020, 06:29:53 PM
CSW is not picking his battles right. He is picking every possible battle, even against a cat. And the sad thing is that even this small case will go to the garbage bin. In the end even CSW will go to the garbage bin himself.

There's a real person behind that cat. A cute avatar doesn't mean you're untouchable.
That said, the whole Internet is behind Hodlonaut in this case. Craig is acting like that salty kid that runs to the teacher or his parents every time he loses an argument. He comes up to other kids and brags how his parents are rich and they say that he's full of shit so he tells on them.
6  Bitcoin / Press / Re: [2020-01-19] Peter Schiff Says Owning Bitcoin (BTC) Was 'Bad Idea' After Losing on: January 19, 2020, 06:18:43 PM
So he eventually decided to buy Bitcoin after all that complaining that Bitcoin is so much worse than gold. That's interesting Smiley

Also, saying that he lost his password doesn't really put the blame on Bitcoin. He lost it because he did not follow the guidelines. You are always supposed to have a backup of your wallet. Also, it's a good idea to have seed words so that you can recover your wallet even when both copies get damaged, for instance in a house fire. Peter looked to me like a smart guy and he didn't even make a wallet backup.

Also, that BTC dump did not look organic. More like a single whale dumping his stash, maybe hoping to screw with some overleveraged traders. It's not going to mark a return to the bear market, it was too quick and too steep.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin Solves This: Bill Gates Talks About the US Wealth Gap on: January 19, 2020, 06:02:14 PM
If other millionaires were doing what Gates is doing, setting up foundations, helping people, the gap would decrease. It's impossible to deal with it completely because some people are just not made to handle money. You can read about all those people who got lucky and became rich just to lose it all in just a couple years. Giving poor people money won't reduce the gap because many of them will lose it anyway, while smart rich people are making more. The money given to stupid and irresponsible poor people will eventually land in the pockets of the rich.
8  Other / Politics & Society / Re: Is planting trees actually good for the planet? on: January 19, 2020, 05:50:23 PM
This is a very easy question. Planting trees is always better than not planting them. Think of how the planet would look like if we weren't exploiting its resources. Just like cities in all those apocalypse movies where the jungle takes over and animals roam the streets. You could pretty much see it in I am legend and you can see it if you to to visit the lost ancient cities in South America.
Since we are destroying plant life we should do something to restore them.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin Iran keywords Google interest over time explode! on: January 12, 2020, 06:20:29 PM
its time to open crypto bussines in iran)

Do you really want to move money to a country on the brink of war. Sure, it's buying when there's blood in the streets in the way that you're going to a country people are running from, but even if there's no war your future there is uncertain. You don't know if people will keep buying Bitcoin if there is a war and you don't know if they'll be interested if there is no war. If there is, there might be bombs flying and wiping you out along with your Bitcoin business, if there is no war, people could go back to their jobs and families.
10  Economy / Speculation / Re: BTC to 5000$ before a big rise ? on: January 12, 2020, 06:14:13 PM
They predict it because they follow technicals and the easiest way for them to understand where the price is going is to draw a descending line from that 14k pump in 2019.
There are many flaws in this prediction as it's a very basic understanding of the market. The first one is watching the market only from that certain point in July and not counting anything before that. The second is believing that the pattern will continue downward for the next few months and in reality we could already have broken up and will never go below 6k again.
11  Other / Politics & Society / Re: WW3 - Are we all gonna die? on: January 12, 2020, 06:04:04 PM
Russia will end it days as a "threat" (even as a small threat) to USA after 2023. In 2023, soviet heavy nuclear missiles SS-18 Satan will be outdated and withdrawn from service. In soviet plans missiles should be withdrawn in 2008-2010, but because Russia don't have any resources to create something like that (even in few  numbers) missiles is still on their "watch" up to 2023.  

This is what comes to my mind when somebody talks about Russian missiles.



I also remember reading an article about the state of Russian military installations built by the soviets. Some of them weren't maintained for over 30 years and got so rusty that silo doors wouldn't open when they finally came to check them out. If there was a nuclear war between the US and Russia in the early 90s probably half of them Russian stuff wouldn't be able to reach their targets.
12  Other / Politics & Society / Re: What will happen when people realise that the world is cooling and not warming? on: January 12, 2020, 05:44:52 PM
I've been spending most of my life in Central Europe and can tell you that the weather is going crazy. From my point of view it's getting warmer, because when I was a child it was completely normal to have snow in December, and temperatures -20*C in January and February. For the past 2 years we had very little snow and this Winter has been probably the least snowy in the last 10 years. The coldest it gets is -8*C and that's only at night. Both this and last Winter we haven't seen -10 even once during the day.

Summers are also different with higher max temperatures and very warm Springs. I remember years (probably 2002 -2006) where real Spring used to start in April. Last year we were grilling in the garden in early March and it was +15 and sunny outside.
13  Other / Politics & Society / Re: 'Why would I want 10 Ferraris, when I can help my people' on: January 12, 2020, 05:33:40 PM
It's easy to do charity when you're rich. For me it counts more when someone has very little and still finds ways to share with other people. If I had millions of dollars I'd most likely be donating every year, just because after all those expensive cars, houses, private jet flights, you start looking for something good to do to satisfy your conscience. It's a  normal human behavior.

As for all those things you said about wanting more, we all were there, even if with investments. You have 1 Bitcoin, you want 2 Bitcoins, and so on.
14  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: January 05, 2020, 09:12:39 PM
Bookie suggestions?

Check out:
https://www.bet365.com
https://betway.com

Unfortunately I can't check the odds in real time because of country restrictions at these sites, so I relied on third party services. If you can find what the odds are today please post it here because the most recent ones that I could find were from a week ago, or I'll switch to a VPN later and do it myself.
15  Other / Politics & Society / Re: [BET] Trump or not Trump 2020, eddie13 vs suchmoon on: January 05, 2020, 08:51:52 PM
It's interesting to watch as the odds of official Trump winning are quite high. Eddie13 is actually at an advantage, if I'm not wrong and could make money playing it right.
So, for every 1 BTC he's betting he's going to receive 1 BTC (if Trump wins).
It could be smart for him to bet 1:1 with you and also against himself at the same time with the current 1/6 odds, getting 6 BTC for every 1 BTC wagered (if Trump loses).
 
Say, he bets 1BTC against all of the forum members together. If he wins, he's going to have 2 BTC next year.
If he also bets 0.5 BTC against himself today and wins, he'll get 1BTC from you, but also loses 0.5 BTC, so he'll have a profit of 0.5.
If Trump loses, he'll get 3 BTC from the bookies, but will have to pay you 1, so that will leave him with 2 BTC of pure profit. Looks like a win- win situation to me.
16  Bitcoin / Bitcoin Discussion / Re: Survey: if you have $50k fiat ,will you invest in btc or put it in bank? on: January 05, 2020, 07:55:10 PM
I'd put it in a bank because who wouldn't? It's sarcasm if you didn't notice.
Asking this on a Bitcoin forum will only get you one type of answer. If you go to a car enthusiast forum and ask if they'd put money in a bank or buy a car you'd also get similar results. They'd all choose the bank, I'm sure of it. Tongue
17  Bitcoin / Bitcoin Discussion / Re: Gifting satoshis to future generations on: January 04, 2020, 05:40:12 PM
I also have think that storing my cryptocurrency for my grandchild would be a great idea because it might have a good value in the future, but i also started to think that if i store it in my online wallet it could get hacked in the future. Thanks to Federico Tenga, he gaves me an idea how to store my crypto in the future generations, since every devices always upgrades you need to make a device that can also be compatible in the future.

This is especially true when you know that BTC is a deflationary currency, that as long as it will exist will gain value towards fiat, which is inflationary. You can buy just 0.1 BTC now, which isn't a lot of money, and bet on it surviving another 10 years. If it does, I'm 100% sure it's going to be worth at least 1000% more than it is today. If it doesn't, then you'll lose $700. No new TV for you my friend, you'll spend more time with your family Wink A fair trade if you ask me.
18  Economy / Speculation / Re: BTC TO 5K$ soon on: January 04, 2020, 05:33:36 PM
You see green on one day, then you see red in the next three days.
So how can you say the price is not going down? Even if you dont want it, the market is showing otherwise, and analysis should be based on facts, not on what you want.
If it was by me, bitcoin would be 50k already, but its not, because we are in a staggering bear market, which is posed to last 3-4 years at the minimum.
The market is manipulated. Bitcoin technology is great, but the market have all the characteristics of a ponzi scheme, and the price is determined by the few whales who happened to hold since the early days.

So lets be real here. Every day I see lower highs, so its clear the price is going to dump hard. Right now is pointing to 3k, and can go as low as three digits if no new money comes in. Very possible to happen.
Also read the opinions of sgbear, who is a authority in market prediction. He called the top, and predicted 2k by 2021. For this reason, I'm not buying until we see the bottom.
DCA? Useless strategy, when you know the price is going to dump hard. Just hold your money until we see 2k by 2021, but it can go even lower than that. I believe we are going to see 1k before it, and 2k will be a recovery. It will take 5-8 years for bitcoin to go back to the previous ATH. The bear market is endless. That's why it is a bear market. Get used to it, because the only way is down.

It's not pointing at anything! You can try to be smart and draw a line downward sloping line on a 1d chart and it will tell you that the low should now be at 5800 and at 5k in February, and then 3k in May. What will that really tell you? Nothing. you can also draw a line on a 1w chart and it will tell you that if we follow the long term trendline we'll be at the low of 8k in May. What's more important? The last 6 months or the last 10 years?
19  Bitcoin / Bitcoin Discussion / Re: Ex Barclays exec starts fiat/Bitcoin bank. on: January 04, 2020, 02:37:48 PM
What's the point? The only possible use of this is the debit card that will allow people to pay with BTC without really paying with BTC, which means it's going to be used by people who somehow obtained Bitcoin but don't really know how to use it, don't care about its principles, or find it difficult to sell on exchanges. Now, let's think about how many people in this space are randoms (not enthusiasts) that would use this bank. 10%? Probably even less than that. How many of this 10% will choose this bank? Probably not many.
20  Economy / Economics / Re: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM on: January 04, 2020, 02:28:11 PM
This is exactly what I'm doing now. I honestly think that I will never sell, unless we are in an extreme situation of a 100k+ Bitcoin and completely no stores and businesses that would take it. I don't believe that's possible and thus I will never sell. Instead, I will exchange it for goods and services.
Of course I don't advise others to do it. I got my coins very cheap and whatever happens I will not be at loss, but if you bought a lot for 10k don't be stubborn and keep holding at 6k.
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