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1121  Economy / Speculation / Re: How did you see BTC in future? on: August 09, 2023, 04:35:00 AM
In 2023, the price of Bitcoin will not be very bullish, the highest Bitcoin price can be is 45k. But we have to wait till 2024 for bitcoin halving and estimated bitcoin price in 2024 may range from 45k to 65k. But in 2025 the price of bitcoin will increase overnight because I see the highest price increase in the last year of every bitcoin halving. 2020 was the Bitcoin halving year but 2021 came when Bitcoin price hit the highest. So currently bitcoin halving will happen in 2024 but bitcoin will hit highs in 2025 which is very likely to cross $100,000.
People always expect bitcoin to go up in price and hit ATH when the halving happens, but if we pay attention to history, bitcoin's ATH can only happen a year after the halving. While there is nothing to say that history will continue to repeat itself, we should rely on past data to make realistic predictions rather than just making predictions according to our wishes. I also personally believe that the bull season will really come in 2025, and new ATHs will be created in Q3 2025. For me $100k is a pretty modest number for the next bull season, I predict bitcoin could touch $120-150k, IMO.
Maybe the history will not repeat itself, but should we invest according to "maybe things will be different this time around" or should we invest according to "if the things are same again", because it has happened a few times in a row, I would guess that doing the same thing would be smarter, it will result with a better thing in the end as well.

I hope that it gets to a point where things are not that simple and we could end up with a result that will benefit us all. It will not be that simple and we could end up with a good result in the end. Hopefully this will end up with a profit for all of us if the same thing happens again. If so, then all the people who held during the bear period will profit a ton.
1122  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Suggest Some Underrated potential altcoins for next bull run on: August 08, 2023, 12:09:12 PM
Why not add BNB to your list? they are working well to develop their products and making constant updates to stay on top of the exchanges despite having some issues with SEC. They are not ceasing to offer new products to their investors and their exchange is user-friendly as well which will obviously attract more users than the others. The best thing to do is to search for such traits on a project and consider buying their tokens if the price is reasonable and not too expensive.
That is definitely a good one, I like BNB a lot and I kept holding it even during the whole SEC and Binance period as well. I do not care if .us stays or not but I know that I am going to hold it no matter what. I understand that people may not end up with anything major right away, but that doesn't really matter to me because I can wait for it to happen.

I realize people are just a little crazy when it comes to making a profit and they may act like they need that profit right away, but I do not need to profit right away, I can always profit at a later date if I trust that it could give me profit accordingly. BNB is one of those coins, I can hold it for a few years if it means I can profit and I believe that I can.
1123  Alternate cryptocurrencies / Altcoin Discussion / Re: What happens if USDT falls down? on: August 08, 2023, 11:20:53 AM
worst case scenario, it will not only affect USDT, or the stable coin, but if USDT does fall, it will affect the crypto world. the reason is that USDT is the stable coin which has the most volume at the moment. this indicates that people's trust in this stable coin is very large and very large. when USDT falls, people will race to withdraw their assets from USDT before it crashes like UST.
This is true but we letting it be like that is the worst thing about it. I mean we are talking about a situation where we let the USDT consume all of crypto world all that much that if it ever crashed then the whole crypto world may crash with it a lot.

We could end up recovering afterwards, but it will take a long time to do that. They literally have our money in safe places but that "safe" place is still government controlled, the moment government decides to seize their money, that means government actually seizes our money and that means bitcoin will crash like hell, even if USDT did nothing wrong. This is why we shouldn't really end up trusting them enough to let them have the power to crash crypto world.
1124  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we need a privacy coin that can only hide transaction amounts ? on: August 08, 2023, 09:49:00 AM
Monero was popular since it ever reach top 15 coins in CMC, but due to government want to kill privacy and control everything, they force the centralized exchange to delist privacy coins. This is why the popularity of privacy coins keep declining and centralized coins regain it hype.

Obviously we need a privacy coin to protect our privacy, do you think you don't need any privacy? you can share your real name, your face, your house, your total wealth here.
I do not think that I need it, but I also do not want to share my face, ID and all that here at the same time, there is a huge difference. Think of it this way, if you know my transaction and you are aware of it, then you only know my address and my transaction that's it, and I do not feel the need to hide that, but if I use bitcoin, that doesn't mean you know my name, my face, my address and my id. Those are different things and not the same thing.

Monero hides your transaction, but bitcoin hides who you are if you want to, you could also do KYC and all that will be open to public if it's hacked, which happened a few times but that doesn't mean that you should do it neither, there is a small gap between monero and bitcoin privacy.
1125  Economy / Economics / Re: What could Elon Musk be buying next? on: August 08, 2023, 08:06:59 AM
This could be funny but what he could actually do, i was even thinking of him buying a land on the metaverse technology space, this rich fellows can come out with anything different from what the people thinks may be their final decision, once there's money, there's nothing that cannot be achieved over time, but am must interested in seeing him developed more aspects of his inventions and maintaining them more better with adequate performance upto date and possibly working on other areas as well to invent something new more.
all admit what actions are taken by elon musk, which will always surprise and always be updated. As a businessman he also needs publicity on what to do and he has done so with the purchase of Twitter.
with intelligence and once again having a sizable amount of funds, he is able to do whatever he wants, without exception, there are always new developments that will always be displayed.
Twitter has been changed in such a way, by not letting go of its business actions and he knows that Twitter has many users so he is able to profit from what he does with Twitter and this is the advantage of Elon Musk, he always continues to develop and but as a businessman he will seek profit.
I wouldn't say without exception, after all laws are there to protect the people and if he does anything against the law then it would be a bit of a problem. For example when he was buying twitter, you believe that he bought it with his own money? Of course not, he used banks as a loan, and then he got money from china, Russia, Saudi Arabia as a funding as well for buying.

When you hear those names, do you think of pink ferries and smoothies? Of course not, you think about "what's going on with this", it could be something normal, like a business man getting funding, but it could be a different reason as well. This is why USA is looking into his business as well, trying to find why and how he was funded by those people.
1126  Economy / Economics / Re: Inflation overpowers the value of money on: August 08, 2023, 06:19:12 AM
Inflation overpowers the value of money, do you think you are saying opposite to the truth?

Inflation causes decreasing power of fiat currency so it won't overpower fiat currency. Inflation does not always cause purchasing power decreases but most of times it does.

Purchasing power of the US dollar over time
Purchasing power


If you feel not satisfied with the US dollar, you can look at the Venezuelan bolívar.
In Venezuela, inflation and dollarization deepen schism between private and state employees
This illustration is well-known in the economy world and I would guess that it is usually right and not a wrong thing in there. Inflation is really hurting not just one nation but the whole world and the fact that we have crashes here and there is an important difference as well and should be considered as a big deal. I understand that it may not be that great anytime soon, but it should be considered as a big deal.

In the end, I am guessing that we should be considering this as a big deal, and yes it's not going to be simple and different but at the end of the day we are talking about a big deal here for financial reasons so nations should find a way to stop all this and save aside during bull years and use that during bear in order to prevent crash.
1127  Economy / Exchanges / Re: Huobi - the new trouble spot of the crypto world ? on: August 08, 2023, 05:04:04 AM
Justin Sun likes pump and dump games which initiated by him several times. From announcing a lunch with Waren Buffet to some events when they tried to pump TRON and TRON stable coin. The most fearful thing from his stable coin is it uses algorithm that is what killed Terra stable coin UST in May 2022.

Months later, many stable coins lost their pegs including TRON stable coin but Justin Sun successfully protected the peg. However, I would like to remind that back in 2022, marketcap of TRON stable coin is very small so it was a bit easy for Justin Sun to recover the peg. Things can be very different in future when the marketcap is bigger and out of control from Justin Sun. That stable coin will possibly face with similar peg attack like Terra UST and lose its peg.
I think he uses that as a ploy for marketing, he does whatever he possibly could and then get some attention. Lately he just gave up and left as we all know, but while he was still active, his entire system was regarding how he wanted to just focus on how he could profit if he possibly could.

Obviously that did not resulted with that much of a big deal, it's definitely a good thing to see how the situation is at that moment, and Justin realized that it's not going to be easy for him and then ended up getting out. But dude was a marketing guy, he wasn't a coder, or a designer or anything he really, he was just a marketing guy that did marketing stunts that resulted with pump and dump for Tron, and that is the issue.
1128  Economy / Speculation / Re: $30000 is becoming the resistant price on: August 07, 2023, 09:35:52 AM
In my opinion, $ 30k is like a strong fortress and is difficult to break down, the price has touched $ 30k several times and then fell again, even more than 5 months the price has not been able to pass $ 30k, this is speculation that if the price of $ 30k can be passed then it will be easy to jump higher.
That was similar when we were going under it as well. We were above 30k and it looked like there was a huge wall at 30k that would be hard to break so we assumed that it would not go under 30k, and yet when we look at it right now we can see that it's under 30k as well. This is why I believe that we should not really be considering the situation all that different, it is as normal as it gets and can't be bothered to change all that much.

Hopefully it will get to be a bit better and we get to live in a normal situation without worrying about it. I understand the logic, I understand that it's going to take a while, but this is how it is for the time being. Just realize that 30k is not that hard to break and we could go up when we can.
1129  Economy / Speculation / Re: Should I buy now or I should still wait for the dip? on: August 07, 2023, 08:39:05 AM
I wouldn't say that with an absolute certainty, becoming an expert in something doesn't mean that you're always right, you become an expert because of experience and if you are wrong then you can take that experience as a lesson so when that happens again, you know what might happen next or you know what to do next. Also, what should we call those people that are talking about the market and they know what they're talking about and we agree with what they talk? Aren't those people experts?
When you are wrong and you learn from that lesson, that is the best way to get better at something. Even the biggest veterans in trading end up making loss, just open up Warren Buffets past and you will see that he made some losses in some years as well.

The reason why people are considered veterans and experts in a subject is that they do well better than everyone else, but doing better doesn't mean doing perfectly, because nobody in the world could have a 100% correct trading predictions, they will end up with a loss one way or another when the time comes. This is why it is important to focus on what you could do and try to be as good as you possibly can, that will help you and even if you lose a few times, overall you should be in profit.
1130  Economy / Speculation / Re: Bitcoin - what are we expecting for the rest of 2023? on: August 05, 2023, 09:12:35 AM
The price of $40K is indeed quite positive and also quite logical for experts to say because they also look at what Bitcoin prices have generally been around for a few months so they are saying about what prices are quite logical to happen for Bitcoin in this year other than $30K which may have been witnessed by many people in this year.
Throughout this year, we are in a more positive trend and maybe a price of $ 40k is very possible to achieve, considering that currently the decline that has occurred throughout the year is not too deep compared to the increase that has occurred.
Personally I'm pretty sure the positive trend will continue this year, and I think a price of $40k is very likely.
I think it is definitely possible to reach and we are going to live that without a doubt. I know that people are not entirely certain about it but it looks like we are going to live that for sure. Reaching a 40k level is not that complicating and should be something that we can reach to without a doubt.

I get that people are not entirely certain if we could see it happen or not but we will probably see it happen since 40k is not that far down the line and could be done better. I get that people are not living easily right now and want to make sure that they can make all the changes they possibly could to make more money to live a better life, and for that to happen we need to make sure that it can get better places.
1131  Alternate cryptocurrencies / Altcoin Discussion / Re: Who else uses move to earn apps for the same reasons I do? on: August 05, 2023, 06:29:40 AM
They are just excited on the idea but they didn't consider the risk beneath on this project since there are possibilities that same with your other concept investment that project might also fall. Beside this kind of project is not new so best to take extra precaution before participating since the same with last NFT craze there's a chance that this kind of new trend will fail and to bad if we can see another scam victims will post about their investment failures due to bad decisions.
That's the problem, people get excited about the potential of something and they usually tend to ignore all the red flags. My wife is like that too, she can see something and get hyped about it, after she is hyped there is no logically explaining anything to her.

The dev of a project could come out and say "I am going to steal all your money" and she will be like "they are just joking" and still keep pouring more money in. Logical people are not that common in our world, it requires to be a bit of cynic and that means you are not going to enjoy anything as much as other people, you will always look for reasons that could be a problem and this causes you to never enjoy things until you are fully in it already.
1132  Bitcoin / Bitcoin Discussion / Re: Bold step to invest my fiat in Bitcoin on: August 05, 2023, 06:16:03 AM
I also understand  the thread of buying buying their first bitcoin  is getting boring and maybe irritating to you but this isn't the best way to caution a newbie trying to get people share in his joy.
Yes you are right @Obari, indeed sometimes it seems boring for some people because some of these people often see threads similar to this, but threads like this about owning Bitcoin can be very proud and joyous moments for OP and sometimes threads like this can motivate newbies those who just joined can immediately buy and invest in Bitcoin like OP did.
Everyone is free to convey something as long as it is still in accordance with the discussion board, for those who don't like threads made by someone because the topic of the thread is often seen by them, they shouldn't need to discourage the thread maker especially if the thread maker is a beginner, they should be those who don't like it they can just skip the thread or they can congratulate and provide suggestions for the future so that beginners can develop better in making discussions.
However, everyone has their own way of expressing opinions and I respect these various ways as long as they don't contain racist elements.
I agree, I remember the first day when I got my first bitcoin, not sure if I shared it here or not I can't remember it but I know that I was sharing with everyone and most people didn't even know what a bitcoin is at the time, yet I was still sharing it and it was a great moment in my life, I could easily say that it was the day my life changed completely and I am living a much much better life because of it, bitcoin always rewards those who stick with it.

I think it's understandable for people to end up buying bitcoin for the first time and then come here and share it to enjoy it, you do not even have to respond, of course we can say congratulations and all, but the point is to share it, not chat about it.
1133  Bitcoin / Bitcoin Discussion / Re: 18, holding my bitcoin and looking forward :) on: August 04, 2023, 08:18:35 PM
Whether you invest in Bitcoin long term or short term is entirely your personal decision. I just feel it from a really deep interest. I can't do any math on it. The reason is that everyone is very interested in Bitcoin. It sits right where Bitcoin was. It went way up, it doubled and then halved again. If you can afford to wait and risk losing your investment, it is worth holding onto your investment for the long term.
It is important to know what to do before you do it though. Sure you can do long term or short term holding, but if you start short term and become long term it may not be a much issue, however if you start long term and turn to short term then that could be a huge issue for you.

This is why it's smarter to make sure that you end up with something more sensible in that regard and could make a big change in the end. I know that it will take some time but it could also be something more to care about as well. I know that it will not be that simple, and I know that it will take a while but as long as it goes along with your pattern and strategy, then you could do whatever you want, there is only caring about sticking with it.
1134  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: August 04, 2023, 07:29:34 PM
There are good memecoins and there are bad memecoins. And yes they tarnish cryptocurrency image. The team behind these coins that intrinsically has no value are only after the money. They will wait until a lot of people invest in it and the price appreciates only for them to pull the rug. The naive investors who didn't do their research and who cannot different memecoins from others will eventually call Bitcoin and other honest crypto project a scam, tarnishing it's image.
Memecoin is now the favorite of many after seeing some significant investment profits in the past. Some investors believe that Meme coin is the only one that can take them to their destination. As a result, they try to invest most of their money in memecoins. It is also true that during the last bull market memecoins gave the highest profits to the investors. But there is no doubt that most of the Meme coins that are constantly coming to the market and after a certain period of time they will scam. Maybe temporarily there will be good trading value but after some time all those memecoins will disappear. Investors must choose the right asset if they do not want to lose money.
I do not understand the logic of it, why did it become so much interesting all of a sudden? I get that it is not going to be something to be shocked about it and that should be the important case here. I get that not a lot of people actually do that badly, I understand that some people made some money but that doesn't change the fact that it is not really a needed thing at all.

I believe that it is not that shocking at all. I hope that people can make the difference between the two and could make a profit in the end. If you could just focus on it as just a meme project then you are not going to end up with any profit at all. Hopefully it will get better, but looks like it may not and it may crash very hard in the near future.
1135  Economy / Trading Discussion / Re: For newbies and plebs who want to self-study to become "traders" on: August 04, 2023, 06:36:35 PM
My advice - BE CAREFUL

Investment and trading books, articles and videos are made by people who might not actually be winning traders. They make their money by writing "investment materials" and sell it to us, the plebs.

Plus "as traders", most of you will lose money and leave. Some of you might return and lose more money. Some might have learned their lesson the hard way and just HODL Bitcoin. The few who actually put in the most time, effort and who are well-capitalized might make it.
thanks to you for this topic, newbie traders have big expectations for trading, they come to make a lot of money but the majority of them just lose money and then leave, while those who persist definitely have a chance to become an experienced and even professional trader.

like a battlefield, trading activity is that, every trader must have good skills -> understand analysis techniques, fundamentals, economics, understand how to use trading tools, control emotions, not be lazy to keep learning is the basic foundation that must be owned by every both beginners and experienced traders (this is an important thing that many professional traders have explained)
It is definitely a battlefield, there will be buyers and sellers and they will fight each other to be the right one. Sellers will sell because they think it will go down, and if they sell and the price goes down afterwards that means they won that battle, the buyers are buying because they think they are going to make a profit and if they are right and the price goes up then they made that profit.

So long story short we are talking about a situation where it will be quite possible for people to make a profit like that. I understand it is going to take a while but it will be quite possible for us to just make it work. I believe it is not going to be that much of a problem if you lose a battle, because it is important to win the war instead.
1136  Economy / Trading Discussion / Re: Is AI in crypto a game-changer or just another hype? on: August 04, 2023, 11:15:05 AM
Honestly, AI isn't just there for the first time since the bull run or by just last year or this year just because chatgpt became popular. It's been there for years and the adoption that it's getting was quick because of how the mass media helped its way. But going back and relating to the market, that means that bots (ai) have been there for a long time. And if someone wants to get passive income through trading, that's not gonna happen through ai, as a trader you still need to manually check and do the trade for yourself.
This is the part people should realize, AI has been developed for many years now, technically speaking we could say that it has been developed for decades as well, we have never been this close and there was a breakthrough and that is why it's more popular right now. It wasn't this public before, but it got more and more public.

If anyone remembers, there were AI chatbots back in the day, you would make it say things and it would develop based on what it learns, but people didn't let it learn real things and made it like nazi or something as a "fun" thing, to mock it basically. This time it's a bit more closed down publicly from central companies to develop it, but public to use it and that way it does pretty decently and I bet it will get even better.
1137  Economy / Speculation / Re: What do you think Bitcoin Market Need Promotes for Price up ? on: August 04, 2023, 09:59:19 AM
hit 25k ? do you mean Will bitcoin fall to 25k once again? well just this year bitcoin falls bellow 25k and just recently
 that it took over that momentum and break 25k running to 31k .

but as you are only looking about the corrections , then how come that there are correction everytime when we have only
corrected few times after hitting 30k and above?

but asking what market needs to promote the price to climb again? when you are asking if the value will fall down bellow ?

if you are truly interested to learn what can be done for bitcoin to climb up , then you must also learn to help it grow
 for not posting this same thread again lol.

like sharing here what is good about bitcoin and what are the qualities for people to invest and use it and not to look about the negativity ,
 because you are only helping this to drop low.
I believe that we are not going to end up being something that would be good at the end of the day. I believe that it will take some time but it will be as good as it gets when the time comes. Hopefully they are going to be a bit of different nature because people out there will always think about the worst possible situation sometimes, there are those kind of people who just keep thinking about the bad things that could happen in life.

I am not really arguing with them, I mean there are situations when the worst thing that could possibly happen may end up being the result, but we all know that's not always the case, and the best possible one is usually not the case neither, it's almost always somewhere in the middle.
1138  Economy / Speculation / Re: BITCOIN NEED NEW MONEY AS MUCH AS HALVING TO SEE SUSTAINED HIGH PRICES on: August 04, 2023, 08:30:34 AM
Every investments in this form needs money to sustain it's price or it needs MORE money to continue and sustain the increase. However, new investors or fresh capital (if that's what you mean it) may not be the only reason we're looking at to make the bull run possible because the old ones are actually adding more money to fill their bags.  So, either of both contributes to the growth of bitcoin and it's value. But yeah, bitcoin needs more investors if people around here are very optimistic about the 6 digit figure some even said millions. As we all can see, more and more businesses and countries starts recognizing bitcoin and accepting them as a means of payments or service, that's one way we get more people to pour money into bitcoin. I'm expecting more adoption if more people understands how bitcoin works and how essential the use case is. 
I think old money coming back in could be the running method for us at the moment. There was a lot of money in the bitcoin world that got out, most of it found its way to stablecoins, a lot of it also went back to bank accounts as well. We do not need fresh capital alone, that would be lovely of course if it happens but also we need to have all those people who left crypto to come back and invest again. That would make it a lot more possible and profitable without a doubt.

Basically it is not that easy but it should be possible and could make it work a lot better as well. I hope that it gets to a point where we could see how profitable it is to just get back in after leaving and those people will do that in order to increase the price.
1139  Economy / Speculation / Re: A technical view of Bitcoin's Current Market Situation and what to anticipate. on: August 04, 2023, 06:55:28 AM
From my analysis and the overall picture of the market,
1. Bitcoin needs to break above $31k to correct this impulse and to complete the H&S pattern.
It depends how the halving process will occur and I can't be sure what level of accuracy it will take? the current trend has yet to break through resistance to hit the price beyond $31k and I assume it will be close to the $33k support first. If you mean complete H&S pattern and the price has tended to hold below $30k-$29k in recent weeks after a correction process caused by some previous events.
I believe that when the halving comes the price will not be anywhere near this level so it doesn't matter for the current situation, price will be near 40k levels when the halving comes, that's what historically looking realistic for the time being.

I do not think that it will go down that hard, even with Binance SEC news when it dropped lower, it didn't dropped to 20k, and we are doing fine right now, even a bad news can't really take us down to 20k, maybe 25k at the lowest point but that is about it, we are going to stay above 25k. And I would like to say one more very controversial thing and that would be we will NEVER go under 25k again, that was it, we are going to never see below that in the future ever again.
1140  Bitcoin / Bitcoin Discussion / Re: Another Fud in the market and bitcoin volatility on: August 04, 2023, 06:26:18 AM
OP is using terms such as volatility and DUMP.. yet the price for the last 10 days have still remained in the average range of $29k-$29.7k

this is just normal wiggles.. 3% range for 10 days is not volatile, nor dump
This is what we should be caring about. Bitcoin has been stable and just because it was once over 31k, doesn't mean that it keeps dropping even today, a lot of people think that way but that's not the reality and we should not really be worried about it at all. I feel like this should be as common as it gets and I do not think that it would be that easy or difficult at all.

I hope that people could make some changes one way or another, and I hope that it gets to a point where we can say it is a lot easier, but that's just not the case for most situations. I know that it will take a bit of a while, but if we can keep it going for as long as possible then we are going to be fine about it and not going to worry about it at all.
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