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2781  Economy / Trading Discussion / Re: Crypto reclaim $1 trillion marketcap. A good sign on: July 22, 2022, 10:45:43 PM
I just checked on coinmarketcap now and discovered that we are above $1 trillion again in market capitalization! To me this is a great sign of good things to come especially to holders. The fear and Greed index also moving to positive side.
An increase in the market cap can be a good sign that people are now coming back into crypto again, so it's also normal that the fear and greed index are slowly turning into green now. Not only to the hodlers but everyone that is involved in this space are benefiting of this small pump we are feeling right now but it's just that hodlers can gain more in the long run because they keep on stacking and then they don't sell from time to time but they will only sell once btc reaches its highest possible value.

Reddit's nft may be a game changer this time around as they used polygon network to louch the Nft and since this news hit cryptocurrency space we have been seeing bullish momentum all over the market. 
So, reddit finally joined the nft bandwagon, but aren't they late for this? Nft's are now slowly going down. And no, this was not the cause of the recent surge.
2782  Other / Politics & Society / Re: High inflation is causing GLOBAL protests on: July 22, 2022, 10:25:31 PM
The most offensive thing to the protesters is that their government does not hear their citizens. The government labels the protesters as extremists. People are dissatisfied with fuel prices, low salaries, etc. This year, almost every resident of Europe felt inflation. The impression is that the world is rolling into some kind of bottomless abyss and no one has made a decision to stop it. It seems that this is the limit, but analysts predict even greater problems with the onset of cold weather.
That is the most humiliating thing to me as well. We have protests in my nation as well and we took the streets, thankfully we got the prices down a bit, our nation has a lot of government controlled pricing, it is not a fully liberal nation but we have privately owned companies that are just priced controlled by the government, so the profit goes in the pockets of regular people, but they can't charge 300x more than what they cost them to make that thing.

Government let the prices be for a few months, which resulted with capitalist bosses to increase the prices 5x-10x higher suddenly, when they shouldn't, and we protested and it cut down 50% back again thankfully, it is still a lot more than what it used to be, something that used to be 100 bucks, became 700, and now back to 350, that is still 3.5x higher, but at least not x7 higher and that is something so we stopped.
2783  Economy / Speculation / Re: Effect of Tesla bitcoin sale not significant on: July 22, 2022, 09:59:33 PM
I do not know why this time should be linked to Tesla that sold 75% of their bitcoin holding. The amount sold is large but no significant effect.
You said that tesla was involved before so why not this time? Or maybe you are not totally convinced because you see that price seems unaffected and price did in fact rise a little. Oh well, maybe the effects were just delayed. That happens sometimes so we shouldn't be confident that much. We can sell some now in case we will be needing the cash later on because the price can fall again at some point and it may have a hard time to recover again.

Tesla will sell their bitcoin holding, it could be because of business reasons or a way to manipulate the market in the future, but it was good that Elon Musk sold this coin and not having significant effect on the market.
The feedback that I am hearing are mixed. There are those who said that it was due to business purposes but there are some who says that they did it because they want to manipulate the price of bitcoin again.
2784  Economy / Economics / Re: Fashion Brands uses Blockchain Technology on: July 22, 2022, 09:45:59 PM
On the one hand it is. Because basically they both have their respective advantages where crypto users can buy famous fashion brands using their cryptocurrency assets and also cryptocurrencies will become easily famous with such interactions at this time. Because it can also encourage more people to find out about blockchain technology that can provide benefits and financial freedom for every user.
Blockchain to be used as a "this is an original and not fake" is not something that would gain any brand price. I mean if you have a bag that is from louis vitton or whatever, would you really whip out an app and show your friend it's an original? That would be a rude move, it would actually get you disliked more than using a fake one, if you do not have the money for it but want to get it, you get a fake one.

I can respect that, it's understandable, who would pay thousands of dollars to a bag anyway, you gotta be super wealthy. But, if you end up showing off with the blockchain tech, that's disgusting to me. Hence, it is not a good move, it's totally a wrong move for sure.
2785  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: July 22, 2022, 07:00:45 PM
Rollbots as a slot game is definitely a marvellous new idea. It's also giving people something to look at with their own bots as well if they have any. It's going to change the world of casino as we all know it. This NFT + casino idea is a brand new one. We have seen plenty of casinos with a token and dividend system but never an NFT system.

This is why a slot game based on this would get the NFT market going as well. I am sure they are hoping for a new amount of money coming from the trades of it, and the lovers of the NFT gambling from it, but at the end of the day it's a casino, so they will always try to do more to get you to gamble even a lot more if you could.
It is basically free marketing for both. On the one side, you are making a profit because people are playing it, but you also make money from the trade, that dual thing is amazing I agree with that. I mean think about it, we are talking about something that is personally made, a customized situation for the people and I do not think that it would make any type of change at all.

Consider it something that would be personal brand type of deal from all other places. Like if Nike made a shoe called "The Nike 001" and charged 5k, wouldn't that be something they put their stamp on and say that they think it is the best, why not do it so far and do now? This is why this game could be the game they are the most proud of.
2786  Bitcoin / Bitcoin Discussion / Re: Hold your bag when you can on: July 22, 2022, 01:31:16 PM
It's crazy when you realize that someone still thinks that bitcoin can go to $1 or even zero. Well, it's different these days and not the same anymore as before because bitcoin has gone far and despite being a very volatile asset, it's unlikely that it will go that low.
Think of those people that are waiting just to buy cheap bitcoin like around $10k down to $3k, there will be a massive buying order on exchanges if it's reached and even to $1k so thinking that it could be low as $1 or zero is totally crazy despite of that "possibility".
This question is always Knock in bearish markets. Because whenever btc starts dumping it doesn't take much time to hit the bottom. Then panic prevailed among the investors. But it seems unrealistic to me that Bitcoin will fall back to $1. I never think so. I think it is useless to spend time on this matter while some people are dreaming of conquering their elusive dreams by holding Bitcoin.
The going down is easier because that is how the technology works. What do I mean? Well, there are too many people who are in the leverage market and that means when they are making a bad move, their bitcoin is sold and USDT is paid in return to square the debt, right? Well that means, if you say long, and then you are wrong, and it goes down, then your bitcoin is sold, and it goes down a bit more, which causes my bet to be liquidated too, and then other guys and so forth which makes it quicker.

So when you are selling, it is not just people who sell, it is the system that sells to keep it going and that is why I think it is a lot easier to go down, and it is not as easy to go up.
2787  Economy / Speculation / Re: What is the possibility Bitcoin will rise before the end of the year ? on: July 22, 2022, 12:30:04 PM
According to technical analysis and experts the price of bitcoin is expected to rise by the end of this year. But many such predictions were also made in the past, it is better to be on the safe side and not invest the money which you can afford to lose.
I suggest you not to trust all these experts and people that dream that "bitcoin will rise by the end of the year". First, because they quickly and easy change their predictions. One day they talk about rise, the next day they give reasons why we see a decline. Second, have you noticed, that they mostly predict positive outcomes? Nobody predict price fall by the end of the year. I think such predictors try to work on emotions. That is why I suggest make own and trust only own predictions.
The weird part is, when you take the "bitcoin will increase before the year ends" , you could be right and you could be wrong and there is nobody that knows if that's true or not. That is why I believe that we are going to see some experts that are right most of the time. Sure some "experts" spend a lot more time on what they are doing and they do end up with a good amount of return, they are mostly right thanks to that.

But at the end of the day, there isn't a single person in the entire world that "knows" what's going to happen. Just let it be and you are going to be fine. All in all, just trust your own research and you are going to be doing a lot better in the long run.
2788  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NFT Play To Earn can make 50x - 100x? on: July 22, 2022, 11:01:58 AM
Best with NFT gaming is try to involve yourself into the whole ecosystem and then see what works for you.
I don't know why but that sounds like a metaverse but nft has still a relation to it right? Many nft games are also shown on the metaverse category but why? When the mechanics of the game are not the same as sandbox where you can interact with different things inside the metaverse world but they are just a simple turn based games however like you said, the most important part is to know what works best for us because many of us can prefer simple games while the other finds it boring and prefer complex open world games (metaverse).

I think the best way to play it is engage in the game activities and try to win some trophies
Yeah, this is the perfect way to play a game. Not that you will only play the game because you only care for the profit. Once you feel that the game is not profitable anymore, you will easily abandon it.
2789  Economy / Speculation / Re: On not very shocking news, Tesla dumps majority of bitcoin on: July 22, 2022, 09:42:29 AM
OR he might join Vitalik and his new shitcoin after Ethereum completes the move to POS.
I am quite certain that you are joking, however, this might be closer to being real than being your joke. There was an article before that mentioned Elon Musk's legal advisor being one of the advisors of the new Dogecoin Foundation. It also mentioned Vitalik as also an advisor. I speculate that they might be in discussion with each other about developments in the cryptospace.

https://foundation.dogecoin.com/about/
Vitalik and elon was involved before in shiba inu so I wouldn't be surprised with this one if this came to reality. Another fact which can make the partnership happen is that elon musk dislikes btc's pow but he would now embrace eth when it moves to pos.

Sold at a loss despite Musk saying that they wouldn't sell at all. Pretty pathetic if you ask me.
On the other hand it's a good lesson to those who follow rich people.
Will you really believe what this guy is saying? This guy has a habit or has a history of changing his decisions very quickly. There's even one moment where he announced he will be accepting btc on his tesla company and then unaccepted it again after some days but I think his biggest issue is about those meme coins. Many people lost their money because of it, that's why many of them don't believe anymore on what this guy is saying.
2790  Economy / Trading Discussion / Re: Where is real pumps ? on: July 21, 2022, 10:42:11 PM
100%-700%+ pumps ?
Btc and eth main cpins are good lomg term profit and u invest but we need income every day so where is the daily 300%-1000% profits ?
Any better exchanger then binamce ? For this?
Binance dont give us enough pumps
Real pumps only occur when the real bull run comes so please be patient as it can take a long time for it to occur judging the current movements of crypto this year. Btc and eth are indeed a good coin for long term investing but if your goal is to make money daily then you can try trading these coins.

See if it works well, if not then you can also add up some altcoins because I think lighter altcoins are more suitable for trading as they can fluctuate more but I cant only promise that you can earn 300 to 1k percent of profits as that seems crazy already. Even the shittiest coin cant give a return like that every single day. You need to wake up mate.
2791  Bitcoin / Bitcoin Discussion / Re: The unpredicted rise of BTC in 2022-2023 despite predicted bear market on: July 21, 2022, 10:21:58 PM
I'm not convinced the bull market will kick off after 2024 halving anymore, I think it'll more likely be 6 months before then. Due to the established pattern (3 times now) that Bitcoin has risen dramatically after it's halving, it's now much more likely to be front-run as a "buy the rumour sell the news" event, given how the effects of the halving are effectively diminishing as well. Back in 2020 there was significantly less of a "guarantee" that Bitcoin would rise after it's halving, as it had only happened twice before so could easily be considered a coincidence rather than a pattern. So next time, it won't be the same anymore.
I think it would be basically early 2023. Think about it, we usually do not really wait as much as we used to wait, it gets closer and closer. This is why I believe that we are going to end up with shorter span right now, probably 2 years. That's why 2021 to 2023 it would make a lot more sense. Everyone acts as if 2017 to 2021 to 2025, and that's not going to happen to me, it is going to be something not so similar.

At the end of the day, we are going to end up  with a big improvement in 2023 because 2022 already saw the drop, hence we got rid of all the weak hands, and we are not going to see that many of these anymore, it is going to go up easier.
2792  Economy / Speculation / Re: Is Bitcoin bottom there yet? Fear & Greed, Pi Cycle Top / Bottom on: July 21, 2022, 09:48:41 PM
I think this sums it up, no matter how much analysis we can do, no matter how sophisticated, there is always something that can slip through the cracks. What does seem clear is that we are, or have recently been, much closer to the bottom than we were months ago, but whether we will go down again or not, and whether we will pierce the previous low, I leave to the fortune teller.
A 3k up in price is decent so it can be considered to as a small rally while others call it as a relief rally but there are those who are not contented with it, that is why they aren't feeling pumped up or bullish with what bitcoin is showing lately. These past weeks the price have recovered and stayed from 20k.

This is already far from the bottom but what is close to bottom is the price we have last months ago, when btc reached 16k but I think that might be the real bottom already because why the price didn't drop further after that? I don't think we can go down again so if someone wants to buy, they should do it now as this can be the last call.
2793  Economy / Economics / Re: Surprisingly, Elon's Tesla is not so keen on hodling BTC anymore on: July 21, 2022, 09:33:16 PM
Its believed that the steep decline in BTC price was what fuelled the rush to sell off.
There is no steep decline but there's only a steep rise which happened lately and maybe that causes for them to sell a good number of bitcoins because a recovery like this is now getting rare and maybe after this the price can fall again and will remain that way for some months.

What do we make of this move? Is there a plan to bounce back when the market becomes favorable, or is the beginning of the end for Elon and crypto?
Make? Or you mean to so say think? If that is well I think this move is beneficial for them because they are the ones that gains a profit while it is not beneficial for us that want's btc to rise more because the price can fell down again at any moment but yes there always a chance for the price to bounce back. I don't think this was the end for them but this rather can be a start because they will buy back again once the effect takes place.
2794  Economy / Gambling / Re: The History Of Gambling. on: July 21, 2022, 07:26:02 PM
The history of gambling is quite well studied, it seems to me that it is much more interesting to look at it from the perspective of the further evolution of gambling, what awaits humanity in the near future, however, it should be borne in mind that gambling is inherently quite conservative.
I did not read studies about it but I think that history of gambling starts when people combined gaming and earning. When they started to play game with intention to earn, it is gambling.

Last 2 years we witnessed Play to Earn and do you consider it like gambling but in support of blockchain, NT technologies?

When you play games and depend on random luck, probability to win and earn, it's gambling.
We need to separate the idea of investment and gambling. Yes when you invest into bitcoin you "take a gamble" on the price, but that's still investment, and yes luck is important there as well and I get it. However, we need to realize a lot quicker to learn how gambling could be something else.

Investment back in the day into stuff like being a Sheppard or whatever and getting a bunch of sheep wasn't gambling, it's investment. But for example, dice gambling existed over 2 thousand years now and that's the difference. Look for the things that are gambling and betting which are a bit different and you will see the history of it. Plus the NFT and Play2Earn is in the investment category as well, it's not gambling.
2795  Economy / Trading Discussion / Re: AI prediction/forecasting for Bitcoin and crypto trends on: July 21, 2022, 01:39:53 PM
On top of prediction, almost all trading strategies and risk managment would be improved significantly.

Would you in the sea of dishonest vendors selling renamed RSI, be interested in buying real AI predictions?
What would be the guarantee that your predictions also cannot be those renamed RSI based strategies? Because, when someone arrives here, will blame all the previous ones like they are the holy person who comes here to bring all new changes but nothing changed on the profit levels so far with almost all the traders here for over the decade of time.

Honestly, I am interested on buying a trading bot or prediction or a trading strategy which will get me some 10% profits consistently but only after a year long testing. I mean even I am interested on your promotion, I will not rush to deal with you. I will take time for following you and for evaluating your strategies/bots which last for months. In the span of such evaluating time, most fake ones will disappear. This may be the reason why I am still into searching of such a profitable bot and not making profits with my sleeping bitcoins Wink.
2796  Economy / Trading Discussion / Re: The right time to invest on: July 21, 2022, 08:54:34 AM
There is no right time to invest if you are planning to invest in Bitcoins.
I mean Bitcoins have already proved his capacity and strong factors, so whenever you will invest in it, it will give profits for sure. Yes it might take some time but surely you will get profit.
So whenever possible, buy as many Bitcoins as you can irrespective of the price of the coin.
Yeah, dollar cost averaging always has proved as a worthy method of strategy to profit out of bitcoin market. For dollar cost averaging, you never need to bother about where the bitcoin market is heading. Still, not buying by the times of ATH by year-end is not advisable for all kind of investors. So, there could be right and wrong time for buying bitcoin still if you are a long term investor who is ready to wait for more than four years then all the times are very good time for investing bitcoins.

The reason for which I am backing up the coin so much is that, it is limited in supply and the demand is increasing for it. So definitely the price will also grow.
That is the fundamental reason why we all blindly believe that investing in bitcoin always profitable. Still, there are times when those limited supply and higher demands not working in favor of investors. Whale's manipulation kind of things are such factors we need to consider for choosing right time.
2797  Alternate cryptocurrencies / Altcoin Discussion / Re: SHIB, DOGE and BabyDoge: How Do Community Favorites Perform? on: July 21, 2022, 06:06:33 AM
Many treat them disparagingly, many consider them just a fun toy and many identify them with memes, but the fact remains that the communities of these coins are so huge that they call themselves armies. We are talking about Dogecoin (DOGE), Shiba Inu (SHIB) and BabyDoge.
Those huge communities and their fun filled claims and activities are enough for progress of those coins and tokens? What is the point of calling themselves with some funny things? Moreover, why you are specially mentioning their community name here? In my opinion, any coin or token without real-life use case may not sustain. For example, if dogecoin was not considered for payments of Tesla or Spacex, then it might have got delisted in most of the exchanges.

How are these popular coins performing in times of total volatility and extreme fear on the crypto market? In short, better than expected, reacting to fundamental events on par with their more serious market competitors.
I am not new to crypto markets hence I am not expecting anything different from these meme sh!ts. I just treat them as a short term investments as Elon kind of people are still existing. In my terms short term spans up to 5 or 10 years also (and my long term denotes my life time). So, nothing to concern about short term things usually in my investment strategies.
2798  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH is leading the market to a monthly high... on: July 20, 2022, 10:03:06 PM
I think this is a classic buy the rumor and sell the news, the rumor of September merge has made the ETH price gone up, and since ETH has been independent from Bitcoin, meaning that it has many Fiat pairs in many exchange so it won't be affected nor affect the bitcoin price. And I also think that because of the merge, people now prefer speculating on ETH rather than BTC.
I feel like September news wouldn't really impact it right now. I mean sure it would have a "little" impact, but not a lot, it would be boring news for the time being. ETH has been saying merge for like 2 years nowadays, and that's why it's not really a "news" if you ask me. It's definitely something that we could see right now, but shouldn't be happy about just yet.

The whole market went up, it was just a big pump, and that is why ETH went up as well. People were talking about 800 or under possible for this month or not, and we have seen double of that right now, which should tell people that it's actually a bull period, or at least start of a bull period for the time being.
2799  Bitcoin / Bitcoin Discussion / Re: Bitcoin could become the gold of 21th century? on: July 20, 2022, 03:12:30 PM
It would be awesome if the US decides to do that, but I don't think it's very realistic right now. The volatility in the bitcoin market is still too high for it to be a good store of value for everybody. Historically the Gold price has kept it's value for a long period of time, we haven't seen a price drop of 50% in a few months before with it. That is why it's so attractive for the older generation as an investment to store value.
The USA will not do that for sure. They are the most liberal nation in the world so they should technically speaking be the one to do it, but they care about their USD a lot. And right now they are doing fine, even though domination of USD goes down, the value of it goes up, which means that there will be a reversal soon and people will start using that all over again.

I just do not see how it is even possible, think about how big the USA market is, and if it happened that would be awesome. But right now, even Coinbase is down like 80% in the stock market, it's just not a nation that is seeing crypto as the get out of jail free card situation, they won't do it.
2800  Bitcoin / Bitcoin Discussion / Re: How Bitcoin manage to grow over time? on: July 19, 2022, 09:21:43 PM
BTC came at a time when the world was more or less on the tail end of full recovering from the last financial crash, and it was the roaring twenties in some aspects as people tend to look into new investment opportunities after being stingy for a couple of years due to the crash and weren't worried about a new crash, at least not an imminent one. Also, the tech investment concept was still going strong and people tend to latch on to any new tech whatever it might be. Will something like that continue, well, that's a different story.
Entire world was in financial crisis. That too might've triggered Satoshi to innovate blockchain technology. Bitcoin came out soon after the crisis, but the same didn't gained it's market. It made itself strong and some realised the real need and its future. One that is given as giveaway now reached an ath value near to $70k. This shows how high the demand have increased over time.
2008 was definitely a reason to create it, but satoshi worked on this for many years before he invented it, that's important. Not like dude just saw the crisis and whipped out some amazing tech right afterwards, that would be impossible.

So, he probably worked on it way before crisis ever happened. Of course, people have been trying to build something like bitcoin for over 2 decades now, this wasn't even the first, so the timing was perfect. He researched previous failed ones, and he improved it and then published it on a period of crisis, all coming together to have a great start. Then we took over from there and made it into one of the biggest investments in the world.
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