Latest posts of: justdimin

Quote from: zaim7413 on July 11, 2023, 10:32:19 AM

It is undeniable that gold is one of the most popular forms of investment in society, gold is considered an asset whose value does not go down easily. As technology develops, Bitcoin is present in the midst of society, Bitcoin has also begun to be looked at as an investment instrument by a number of investors. Bitcoin is starting to be considered as having a value that is not easily shaken even though the economic conditions are weak. Due to the character of Bitcoin which is resistant to inflation, Bitcoin is also called digital gold.

Seen from one side, Bitcoin and gold have the same function, but when measured in terms of buying and selling values, Bitcoin and Gold have different characters. The price of gold is influenced by many things, such as the uncertainty of global conditions, supply and demand (gold), monetary policy, inflation and the dollar exchange also greatly affect the price of gold. What affects the price of Gold does not apply to Bitcoin because there is no centralized system that regulates buying and selling prices. The price of Bitcoin can decrease by more than 20 percent and can increase by more than 20 percent in a day. That is the reason it is difficult to determine what the ideal price of Bitcoin is because it is purely determined by demand and supply activities that occur in the market.

I wouldn't say gold and bitcoin has the same function because gold is something you invest into and can't use, and it's a physical thing that you need to go and buy. Whereas, when you are talking about bitcoin, you are talking about something digital which you can do from your phone which people use more and more everyday, and you need to also make sure that you are making a profit when the time comes and just sell right there on your phone wherever you are, could be home, could be work, could be while sleeping on your bed, could be on the bus going to work, it's the ease of the trade that makes it more fun.

On top of that you can use it like money, you can pay people with it, you do not have that in gold unfortunately and that is why I believe bitcoin should be bigger than gold.

Quote from: Oasisman on July 11, 2023, 03:18:48 AM

Such a great story of determination to get out of poverty and be financially free. However, I hope your teacher or even you have just made a good decision in putting all your efforts into bitcoin. I mean, with just a small amount of money you put into bitcoin for like what every month? that won't do much in the long run though considering that the price may be higher in the next coming months. I'm not discouraging you or something like that, but merely giving you an idea of how much potentially will you gain as a profit in the coming years, because I was thinking that it should be wiser to just save those money you have worked for or use it to sustain your studies and finish them first in order for you to get a good paying job and from there you will start your investment journey since for sure you already have enough money to generate good profit by that time.
Frankly speaking, you shouldn't be focusing on bitcoin for now, use that money to finish your studies first. Trust me, when you get a high paying job everything will come easier.

I understand that it is not going to be easy for a lot of people to invest into bitcoin with all they have, it would be risky and dangerous and not everyone has the same level of stress for it. I got used to it over time and I can do it without blinking an eye and it is not really a big deal for me, but this is me and I am not everyone so it is not going to be that easy and we are not going to see everyone reacting the way I do.

This isn't because I am some sort of great trader or investor, that's mainly because I have been around for far longer than most other people and investing wasn't easy at the start for me as well, then it became easier over time, given enough time to those people they would have the same result as well but they would need time.

Quote from: The Cryptovator on July 08, 2023, 07:04:15 PM

By observing market trends, one can notice a common pattern: when Bitcoin experiences a price decline, many other coins in the market also start to decline. This phenomenon occurs because individuals tend to panic when Bitcoin's value drops, leading them to sell their holdings. Consequently, the altcoin market reacts accordingly and follows suit. However, there are instances where certain coins deviate from this trend and instead experience significant price increases. This occurrence often indicates that there might be specific news or stories associated with those particular coins, driving their surge in value.

Market moves together, there is really no shock about that, and it is not just one way around, it is both sides, if alts go down then bitcoin goes down as well. Remember when luna crashed? That caused bitcoin to crash as well so it's obvious that we are doing fine with it. I am not saying that it is going to be like that forever, I am sure there are moments when they move independently as well but most of the time they move together and that means we are going to see price changes that go hand in hand together.

It is not an easy thing to see when that will happen though which is what we are trying to do at this point. We shouldn't judge how they move, but when they will move, that will allow us to make more money and could help us profit.

Quote from: slaman29 on July 10, 2023, 08:57:40 AM

I agree it's a "Safe haven" for a long period of time. Compared to currencies like my own and all the friends I know who struggle every day with daily expenses rising and costs of everything going up while salary remains the same and savings interest isn't matching inflation.

But BTC vs USD ever since the economic recession has been terrible, USD hit all time highs against so many currencies while BTC is still less than 50% of USD ATH. So what's this talk about safe haven? Why can't Bitcoin just be a normal long-term savings 10-year value going up deal?

That long period of time part is the most important part and yes I agree that it's a safe haven for a long period of time but not so much for the short term at all. I know that it's not going to be that easy to do something like this and then go ahead and just end up with a bad result in the first week and leave, that would be bad.

If you invest, you should invest knowing that bitcoin would be a good profit maker for you on the very long term, but you can't be expecting that to have a good return in the first month or two. I hope to retire by the time I am 40-45, which means I have a bit more time before that, and I base that on how much I am making right now with bitcoin profits by getting as much as I possibly could before I retire.

Quote from: zaim7413 on July 10, 2023, 12:30:10 PM

Quote from: Researchoo on July 03, 2023, 11:37:35 AM

I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"

Basically the price of Bitcoin is influenced by demand and supply in the market, logically if the demand for purchasing power of Bitcoin in the market is higher or exceeds supply then the price of Bitcoin will rise. Investor actions that hold more Bitcoin can affect Bitcoin prices due to increasingly limited supplies, news presented about Bitcoin can also trigger Bitcoin price movements. The views of government agencies (Regulation) on Bitcoin can also affect the price of Bitcoin.
The price of Bitcoin will continue to change as investors, users, and the government respond positively to Bitcoin as a capital asset.

That is the simplest terms, people should realize that it's all about buying and selling, nothing more. If the market is willing to buy more and more then we are going to see it do very well, if the market just wants to sell and get rid of then we are going to see it do terribly. That has been the way any market has worked for a long time.

Even for simplest things, like let's say tomatos, if in a single season tomatos are not sold very well and people are not buying it for some reason, the price of tomato will fall just to sell it before it goes bad, but if people are buying it a lot, there will be less left and the price would go up. That's how it all works and I believe that should be the same thing with bitcoin as well.

Quote from: Yamifoud on July 09, 2023, 01:43:48 PM

It was not really important but have to think that the crypto space is boring when we are just talking and focusing on Bitcoin alone. Because of the existence of altcoins, the more it attracts investors and hype the market, and we have the option to take. In fact, not all altcoins are worthless so people are buying them because it was also considered as a good investment aside from Bitcoin. That is why I'd stop thinking that altcoins are nothing because they also contribute something to the crypto space and even make traders and investors become profitable.

I never considered "boring" as a reason for it to exist but you could be very correct. I mean my main reason was different, but altcoins does make crypto world more entertaining and that is why I believe that it would be quite entertaining to think about that.

The best thing to do in this case would be making sure that we are at a stage where it is going to be quite great to have some fun with them at least . I am not saying that we could end up with a good result right away, but at least we could give it a try for it as well. I hope that the best thing to do in this case would be making a profit the way we should, and that would be looking into alts and maybe we will lose it but it is like gambling so we are having more fun that way.

Quote from: Wiwo on July 09, 2023, 07:59:07 AM

Quote from: Firlis on July 09, 2023, 01:10:31 AM

Some people say that the network signal is not good when you are away from home. If there are currencies that are traded offline, that would be great, and maybe there will be large-scale application scenarios for digital currencies! What do you think?

Tried so much to understand what you are saying but couldn't but all the same for clarity's sake, you have to know that cryptocurrency can not be traded offline and at that you may have been wrong in that statement.

I advise you to make your way around rearranging your words and sentence as to make an understandable statement that can trigger a discussion regarding the topic.

Maybe you are just slow to comprehend things mate? I don't think what he was saying there is hard to understand. He didn't mean that there are cryptos which works offline but he only wish that one can be invented because the internet on their place is unstable.

I think there is an innovation before where they can trade a crypto offline. It's like a lan to lan only. Meaning you can't be far when initiating a trade. Another concept would be is to create physical versions of crypto. So far there's already a few fan-made versions of it but they are rarely being traded because they are crafted with love and there might only be limited pieces of them.

Quote from: CarnagexD on July 03, 2023, 11:33:11 AM

Quote from: Framelover on July 02, 2023, 03:57:40 PM

Public beef or fights involving billionaires, celebrities, or even top companies often puts them into the spotlight, attracting attention and generating increased traffic, hence, more income. My question arises as to whether you think some or most of these conflicts are genuine or intentionally crafted/orchestrated by the parties involved to maintain their prominence and financial gains.
Also, could this be considered as a strategic element of their business or career strategy? And If so, is this a good strategy?

Yes. What gets the attention of the masses gets the money. Put an advertisement in that spotlight to whichever is fighting over one crisis and you will generate enough money. In today's media where one click is enough to put a promotion to where people is flocking. Be it zuckerberg vs. musk, tate vs bbc, or any. They make money after those. They got more exposure to the media. It's a strategy to make one's brand make known.

Those personalities you mentioned are all popular already. Mark Zuckerberg and Elon Musk are both businessmen. They own a social media site and they can generate income with it. They can also place their own ad if they want to. The other two must be an influencer and have their own Youtube channels. They can as well run an ad there and make money.

So, I think it's not about the profit on why they are doing it but maybe there is a deep reason about it like Elon can't accept the fact that Facebook got more users than Twitter and he is angry about it. The only way that he think to release his emotion is via a match inside the ring.

Quote from: wtsimis on July 07, 2023, 02:38:56 PM

Bitcoin presents a transformative opportunity for unbanked populations that have traditionally been excluded from the formal financial system. But one thing works here, only those who have access to internet and knowledge about bitcoins are getting the opportunity to use unbanked bitcoins. Unbanked individuals who use smartphones and have an internet connection can securely send and receive funds via Bitcoin. Where there is no need for intermediaries and can reduce transaction costs somewhat. However, lack of access and lack of knowledge is the main reason why a large population is unbanked in today's world. On the other hand there is also a need to be educated to use Bitcoin and it has to do with a government decision on what is legal and illegal in the country in which to use it and how the government sees it.

I think banks are welcoming. They will only terminate you if you are violating their rules but we shall not worry as there is still Bitcoin that is willing to accept us. Bitcoin has no restriction because there are no people behind who operate it and it also offer benefits better than the banks like the interest rate here for our invested money is thrice or more higher than the banks. Internet is so common and Bitcoin isn't that hard to use.

The only real thing that matters is if it's already legal in our country or not. Another reason why many people are unbanked is due to financial problems. Banks might have a minimum and some processing fee but these are not available in bitcoin.

Quote from: Unbunplease on July 07, 2023, 07:28:08 PM

Quote from: teosanru on July 07, 2023, 06:43:22 PM

Obviously this is the future, eventually with productivity in land reducing and humans finding more and more spots to settle themselves, vertical farming is the only solution and infact it's more profitable too considering rising land prices in few developing and developed nations. But yes we would need very high tech technology to actually make this a reality because most of the farmers are coming from a uneducated background so for them such a thing is actually difficult.

With artificial food or grasshopper crackers becoming more common, the number of farms may be limited in the future. Not everyone will be able to establish a farm, and it is likely that the farmer will be allowed to grow or breed whatever is listed on the permit.

Artificial foods are full of preservatives which are not healthy when consumed by the human body so I don't see a reason why farming will stop because there are still lots of demand for fresh foods. As for the grasshoppers that can infest a farm, I think there is already a solution for it. There must be a season where they can attack the most.

The farmers will only avoid to plant during it and maybe they will burn those grasshoppers and their nests to be able to prevent them next time. Farming isn't easy so yeah not all can do it but it's not a big deal. Not all can be grown on one farm but it can still be grown on the other so again, I see no problem with it.

Quote from: Fortify on July 05, 2023, 08:46:59 PM

Part of the problem here is the people are fooled into thinking that 90% of people who place bets are losers. That implies that 1 out of 10 people are winners, which many gamblers would be happy to take. In reality, for most non-skill based games you will find that 99.9% of people are losers, or a figure closer to that. As it comes down to simple math at the end of the day, take slot games for instance - people see a RTP figure of 95% and think that means they have a big chance of winning, but really it means you will on average lose 5% of your bet each time you gamble and ultimately it will drain away your balance until it reaches zero. Sport bets also have a comfortable buffer, or margin of error, built in for bookmakers who are equally very shrewd and constantly improving their prediction software to outplay you.

Isn't it true? We always hear that house has the advantage and then there is a house edge in which a bettor will just lose in the long term of playing a gambling. Only a tiny percent of people can get lucky some times but it's okay because gambling is not about earning a profit anyway but it's about having fun and passing the time.

We should only use small amounts for it so that we won't mind our losses and we won't get addicted in the game. What you said about slot is true and I was one of those people who believe on it but even so, I was still prone to losses. Never tried sports betting yet but its winning rate must be higher than slot and other luck-based games.

Quote from: death69 on July 06, 2023, 08:57:12 PM

Indeed, different individuals approach market dynamics based on their own understanding. For newcomers, they see a price drop as a catastrophic event, eliciting panic. More seasoned investors, on the other hand, see it as an opportunity for profit.

Drops in price are, fundamentally, normal fluctuations within a market ecosystem. Without these variations, the very concept of a "market" would be void. It would be akin to observing a river without any currents - the fundamental essence of a river is missing.

Seeing a drop in price as an opportunity is not merely a strategy, but a worldview that accepts the inevitable ups and downs of market behaviour. This viewpoint rejects the desire for a continually rising market, as this is inherently unnatural and unsustainable. Therefore, it is wise to utilize the drops as opportunities for acquiring assets at a lower cost.

It will still depend on the coin. Veterans won't just be excited after seeing a shitcoin goes down but they will automatically avoid it because once shitcoin goes down, it can hardly recover anymore, unlike to a top coin that a dump in their price is only an opportunity given to the buyers.

There will always be a drop in price in any types of financial markets including here in crypto whether it is a normal fluctuation, caused by a fundamental factor, or a technical one. A river can have no currents sometimes and so as the financial markets. There will be a stability sometimes. Buying when the price is low is also a kind of a strategy as opposed to buying high and selling high.

Quote from: BIT-BENDER on July 04, 2023, 08:33:31 PM

Why would anyone ever think Centralized exchange would replace decentralized exchange in the future. The only way I see that happening is if government takes over crypto-currency which I think would be impossible.

The advantages Decentralized exchange has over centralized exchange is much and I think the only reason anyone is using centralized exchange is due to the way they understand crypto-currency. An experienced person in the ecosystem would readily for decentralized exchange because of the privacy protection they can get from it over centralized exchanges

Not only the OP but there lots of them who actually think that a centralized exchange are going to replace decentralized exchange because it's obvious that centralized exchanges are more popular. They get more volume because many people are using them and many people thinks that decentralized exchange are dying because of that fact. This isn't only limited to decentralized exchange but this is also happening in decentralized casinos, decentralized games, and others.

There must be something with being centralized on why people likes them even though being decentralized do also have its own benefits like privacy or anonymity.

Quote from: Learn Bitcoin on July 08, 2023, 02:11:55 PM

Bangladesh won't be able to score 132 runs now. Forget about 332. I've never seen Bangladesh playing like this in their backyard against a team like Afghanistan. No team has been able to win the ODI series against Bangladesh in Bangladesh since 2016 except for England. Afghanistan is the team going to win the series, and tell Bangladesh you have a lot of things to do.

It seems those Toy Tigers will lose the match by a significant margin. Fazalhaq Farooqi and Rashid Khan are bowling exceptionally here. The Toy Tigers are unable to play them. Congratulations to Afghanistan in advance for winning the match and the series.

Right now, with current performance Afghanistan is surely one of the best team in this region and I have feeling you are underestimating them specially after having score like 332 now they are completely dominating this match and series Bangladesh was good few months back but due to bad management and inner politics now they are going down with most chances they will be worst team in Asia Cup and World Cup as well because things are not looking good for them specially in this series I check their bowling, batting and fielding below then average even we can say street level cricket.

Now in today match, I was expecting nearly 390 to 400 from Afghanistan but Bangladesh done good fight back with restricting them at the total of 332 which is also hard to chase with Bangladesh current form and same happening right now we have 93 runs with the lost of 6 wickets and 23 overs gone mean match and series both lost due to poor strategy and playing conditions.

Quote from: DBProductions on July 07, 2023, 05:05:15 PM

Quote from: Victorik on July 07, 2023, 11:23:12 AM

I pity people who are still wasting their precious time and efforts mining pi coin, I wonder what they are hoping to get.
I will always reiterate, pi is scam and people should stay far away from it.

stay away from it, why? It sounds like you are disappointed that you didnt get involved.

What is there to lose? its free to mine.

It has a massive user base -- one of the largest. Chances are that some large crypto company will buy them based on this fact alone. So even if they dont get their act together and launch -- they wont need to. This is the first project available to everyone with a level playing field. They have not launched and money grabbed. They are buliding community first.

what are the drawback to users? Your statement is blank and aimless. Pi has unlimited potential for many reasons. Howwever, even if they simply close down -- ppl have lost nothing. pyramid or ponzi schemes involve transfer of money.

I don't think he will say that if he didn't tried it and do you think if he got a coin and he sell it for a good price, he will say those things? Of course not but he must be thankful instead that he got free money once from this project before it turned out bad. Yes it's free to mine there but we are required to do a KYC. Maybe you can still say that KYC is free. It only means that you didn't value your privacy and personality.

You didn't know that criminals can use your KYC and you will be the ones who will get blamed for the crimes that they did. The news we have here is great. Hope they will get shutdown so that there will be no more people who will waste their time and risk their identity on this scam project.

Quote from: carlfebz2 on July 06, 2023, 03:50:43 PM

Not that really a shocking thing on which it would really be that normal that KYC would really becomes more even rampant into these kind of platforms or companies which government cant really just make it slip away.

Exchangers does really involved huge amount of inbound and outbound transactions on which it would really be just that normal that they would really be trying out to regulate these things as much possible which it isnt really that shocking anymore. Its true that most users would really be minding that much about security and privacy on which we are really that been giving importance on but there are really that we do much prefer on things but ending up on having that being filtered out or does give out no choice but to touch up these places. Good thing that we do have other options on which we could really be able to cover out tracks
and would really be still able to execute out anonymous transactions which it could really be done using up by those mixers or touching up DEX.

The only sad thing is that the governments are already after these crypto mixers or even on the decentralized exchanges because they know that many will avoid the KYC or the regulations that are imposed and those users will easily head on to these platforms.

There are lots of mixers and some decentralized exchanges that have been shutdown in the past by the government and its organizations. Let's only pray that there must be something that will left for us but it's always better if we can now familiarize ourselves with the KYC just in case they already shutdown our favorite decentralized platforms. If we still don't want to, then we are free to quit dealing with cryptos.

Quote from: _act_ on July 04, 2023, 11:25:32 PM

Within 82nd to 90th minute, away team scored 5 goals? Can you give us the name of the betting sites that you experienced this? If it is true, do not use the betting site again, they are manipulating the whole thing if such thing continues in other matches. But the gambling sites that have virtual games that I have gambled with before can be said to not manipulate anything.

He didn't say 90th minute there just 82nd. I think the OP isn't working on that casino anymore so maybe it is safe now to name that casino for us to check if the claims are true and it still exists or we can just avoid it completely before the same problem occurs with us and our issue will never be resolved especially if it's an intentional one. This might be one of the problem when we play virtual games.

It is where the betting site owner can do some manipulations or they can rig the game, same to the casino games while if we play the live sports betting games, manipulation won't still be completely free. There are fixed matches and then misleading calls of a referee even if there is already a VAR.

Quote from: CapGelatik on June 26, 2023, 12:06:06 PM

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

In the market as a whole yes but for a certain project and NFT's, I think we can still be able to manipulate them. It's already common even before especially to the NFT's. I wouldn't be surprised on why many NFT's are dumping lately.

It's not that we are still in a bear market but the hype of them are already over which means even the market returns to normal, the value of those NFT's are still going to be the same. I feel sorry for those who FOMO when NFT's are still hot and they also HODL it long term thinking it's like a typical crypto or much better than it. Oh well, as they say, regrets are always felt at the end so there they have it.

Quote from: abhiseshakana on July 07, 2023, 07:50:10 AM

Inter Milan was clearly on a wind up because they know very well that Man United really needs a goalkeeper after De Gea is no longer with them. For that Inter Milan insisted on a price of 60 Million Euros and I think Man United will have to fulfill it if they want to sign Onana.

Besides that, Man United have to move quickly because if there is another team that is also attracted to Onana then Inter Milan might raise the price.

Right now, situation is very interesting at Manchester United as takeover battle is also going on and Eric Ten Haq is doing his job with bringing fresh and quality players which can bring better performance in next season, and they can fight hard for the title race right now we have last big from them for Onana which is worth £43 m most chances tonight we will have some good news about this transfer because talks is going on between two parties and all is going into positive way.

Inter Milan play their cards on right time with watching things around, and they also understand now this is good time for them to have enough money which is also needed to them for having few other changes for their team as well, hopefully Manchester United will have all their required players in coming days as well for the next season.

Quote from: BenCodie on July 05, 2023, 09:42:06 AM

(Not financial advice)

50℅ BTC
30℅ ETH
20℅ Solid top 100 altcoins/tokens (10 of them)

I think that this is the best setup.

Why shy away from promising projects just after their downfalls from all time highs? There's no reason if you're ultimately HODL'ing. It's completely fine to have some exposure in case you get a exponential return.

I think a better set-up would be like this> 80% for BTC and 20% for ETH but I prefer this set-up better> 100% for BTC. No need to waste our money, time and effort on other cryptos because all of them are only depending on Bitcoin. If BTC falls they also fall although if BTC pump they will pump but I think our profit potential is still the same or have gotten lesser than if we put all our of money in Bitcoin.

Many projects are only promising at their earlier runs but once they dump they will hardly recover anymore so don't ever mistaken their dump as a good opportunity. We are not holding for no reason but all of us are doing it because we want to earn a massive profit.