Congrats to our winner komisariatku, Rasmus got the first goal at 17' with the help of Harry Maguire's short pass.
Congratulations komisariatku, I've missed this one and will join the next one. I tried playing plinko on hard mode in hopes of getting 1000x. It turns out that getting a 1000x multiplier is very difficult, but several of my friends gotten it. I only got 26x multiplier, which is pretty good and I got a small win.
I've tried going on with that high multiplier but I don't think that I'll ever hit that. And that's why setting it like that multiplier as yours and going down to 10x-15x is likely my confidence set. And it's totally fun to play when you don't have that much thing to do. I contacted live support, and they side that it's one of the mirror sites. I think they forgot to update the list of mirror sites. There could be more.
Now, it's confirmed that it's a mirror site of them then we should not worry much about it. They should update the list of the mirror sites so others won't get confused about it. I agree, we have thought that it's not really from them as there's a bunch of phishing copying the real one and its mirror sites. And in that case, I am wrong and xlays is right.  |
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What do you think... - An upwards trend from $50k
- An downwards movement from here
The majority of the analysis that I am seeing tells that it is going to be followed by a dump. Yeah, this is quite too early to see before the halving but once this breaks the confidence of those analyses, as usual, Bitcoin is always unpredictable and that's what people must predict and expect from it. So, if there are analyses that tell that before or after the halving it is going down. That's okay but the result still depends on the demand and how it is coping up with the adoptions like the actual volume that it is getting from the Bitcoin ETF spot. And don't be surprised everyone when fees go higher as well. |
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I am also curious to know what's the casino but I don't think that you'll disclose the casino for your personal protection because it can track you back then if ever that casino still exists. So, going on, how you'd spent that money because $1M way back that year of 2014 was certainly a lot although it's still a lot considering with inflation and more priced in cost of goods. And about withdrawal, I am guessing that you're not able to withdraw that without going through KYC or you did it with a KYC? Also with the amounts, did you just withdraw it in a single withdrawal or it's in batches?
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You are trying to get your market research freely if you're asking that in the forum. Have your own research analyst and specialist for them to know that specific niche and product on what you must buy and resell. Check out websites like alibaba as most of the ecom businessmen are getting their products there and reselling them in their areas with a better profit margin. Or look on your local manufacturers and direct selling for you to have discounts and choose one of them and be a distributor. You are even free to choose two competitors product and have them as your own product to resell.
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Before it was a good idea to tell people that you are an advocate and enthusiastic about Bitcoin, but nowadays, the situation has changed dramatically and you can think of yourself as someone putting into the wild with these scavengers that you'll never know if they're friends or already have a bad plan against you because you've just mentioned that you own Bitcoin. This is mainly the reason why I don't want to tell anyone what I do or I just choose to whom I am saying that I still hold Bitcoin. Because of the wrench attacks, you have to be careful to whom you trust and talk to.
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$500 is already an incredible and high amount at least IMHO. Whether you live in a first-world or third-world country, that amount is already significant and way back even higher than before this crazy inflation came. What we can learn here is that the accumulation through DCA is always going to be worth it. People may find the strategy to be lowkey at the beginning but that's the purpose of it, the effect will be seen in the long term and that's why it is important that someone has a long term plan or if not, a short term plan. But anyway, the majority of us here have already decided to stay in the long run.
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I am not financially stable yet, so I am very much grateful for the appreciative increments in the Bitcoin market (bull-run) on going, I decided to cancel our marriage anniversary celebration because I insighted that there is more to gain In my continues hodling while the markets skyrockets than selling off my hodled coins just for ceremonial pleasures which can not profer me financial returns other than consuming the ones saved.
Now, my wife seized not to understand what my logical points about this are because she is not the one providing for the family.
As a woman she is, I clearly understood that they are attracted to pleasures especially on activities that attracts public attentions. These species of humans (women) fails to understand that it is money that afford those pleasury materials and activities they craves for which one has to utilize himself logically in economical situations so as to create financial balanced system before chasing after those financial consuming activities without the potentials of yielding incomes.
Dude, it's your wedding anniversary and you've just canceled for investing and chasing profits? I can't tell if this is the real fairy tale or you're really talking with a sense and this is real. If you're going to invest and you're affecting people with that decision of yours, much better not to invest and not to hurt someone's feeling especially your wife. She may not understand it but the respect that you're going to give to her about celebrating important life events that you share is more than what money is. |
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What are you trying to suggest? Are you for real with what you're talking about? It's good with the suggestion to grow your own food but that's a common thing that a normal person does, whether he's rich or poor. It's everyone man's dream to have his own food to grow in his backyard. But with your suggestion of leaving the government and making your own currency. What are you up to? Do you think that you can have your own country by doing that? It's not a solution for you to tell but LOL I don't know why we're taking it seriously.
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Hi everyone,
I have have a question regarding the implementation of Bitcoin technology in a specific sector.
I was wondering what was the key concepts, technical characteristics of Bitcoin that we need to keep in mind when implementing it in a specific sector, organization, businesses other than the financial aspects of it ?
Typically, it's about being a payment that you'd apply to a specific business and sector. But broadly then it is going to include the technology which is blockchain. It's actually a huge and wide scope and you'll find out when you start to dive into it. Is there any books, research paper on how Bitcoin can have an impact other than just for financial reasons can y'all recommend me ? Thank you for your help and time. I'd recommend you the popular book of Andreas which is the: Mastering Bitcoin: Unlocking Digital CryptocurrenciesAnyway, that link is from google books. |
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If the real satoshi is here, he'd just stomped CSW out of nowhere proving that he's a clown and a joke. People knew about that the developer/s is satoshi nakamoto as referred to himself/herself/themselves. There's no impact anymore if someone claims to be the creator of Bitcoin because there's no proof from those people that they're the real and outright developer. They can't even sign a message from the wallet that Satoshi holds those bunch of Bitcoins so why waste that energy into these clowns?
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First bull run coming up for me and I am just wondering what we should all realistically be expecting over the next 18 months or so?
The cycle will happen on that period and even longer. So, expect what you have been expecting and what's being told to you but be open with any opposite actuality that might come on that period. Looking at the last bull run, Bitcoin hit $61k in March 2021 then crashed back down to $31k 4 months later and then hit all time high in November 2021.
Is the crash down to $31k normal during a bull run or did something happen?
Yes, normally after the bull run it's always have been followed by the bear market and you've seen that crash. I've seen that you've been making threads and worried of what to do on the upcoming bull run. Just let it come and prepare all of your holdings especially with BTC. I am just trying to put my plan together when it comes to selling and don't want to sell too much too soon.
Sell when you're in profit and remove the regret upon doing so. Do it psychologically because you might experience selling now and then after a few minutes or hours, the market pumps and you'd regret selling it. Forget that and accept every decision when you sell. |
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I am in favor of lump sum if someone is able to do that. Actually, it's best to have it through it when the investor has a lot of money but the case is different for all of us. Not everyone is able to buy huge amounts and has a lot of obligations and that's why what's left with their salaries is what they're spending to invest. So if you are an average worker and sometimes you receive bonus, I think that's the time that you should use your money wisely and do a lump sum buy. But you don't stop DCAing because whatever works for you, must work for you. As said by the others, DCA is good during the bear market and there is no doubt with that and that's also the same with lump sum if you happen to buy at one dip part of that bear.
Since the circumstances of each person are different, it makes sense that each person may have their own reasons to prefer one strategy over the other, since both strategies have their pros and cons. But for the average investor I think DCA makes more sense, as it only requires to save their money for a few weeks and then they can use it to buy the bitcoin they can afford, buying the dip with a lump sum is more profitable, but this will require from the investor the ability to predict the bottom and to have a lot of money at the time, two conditions that most people cannot really fulfill. Yup, DCA for average person is the best choice. As a person that earns averagely and being a family man, it does makes sense and the eagerness to invest should be there. Because we don't know what we can do and spend on with the money that we have if it's excess. The profitability really differs on what season that investor buys. But if we're talking here about the long term effect of either of the two, it's always been profitable as long as you'll never sell at losses because that's a total waste of time and money. Anyway, some decisions are like that when you have no choice but to sell at losses due to emergencies so don't forget as well about setting up your emergency funds so in times of need, you won't need to sacrifice your holdings. |
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And lump sum can also be used by new investors if they have the capability to handle the high risk that comes with investing with bitcoin due to volatility, especially when you don't plan to hold for long. But for long term holders, i think It doesn't matter much which strategy your using, but I think beign strategic is good to, who doesn't like having a good result from what their doing, especially investing.
I am in favor of lump sum if someone is able to do that. Actually, it's best to have it through it when the investor has a lot of money but the case is different for all of us. Not everyone is able to buy huge amounts and has a lot of obligations and that's why what's left with their salaries is what they're spending to invest. So if you are an average worker and sometimes you receive bonus, I think that's the time that you should use your money wisely and do a lump sum buy. But you don't stop DCAing because whatever works for you, must work for you. As said by the others, DCA is good during the bear market and there is no doubt with that and that's also the same with lump sum if you happen to buy at one dip part of that bear. |
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I am just over relating that quote to bitcoins; do you have the opinion that lone investors who are not members of any kind of forum or community about bitcoins or cryptocurrency can still be very successful investors?
Yes, someone who does probably have heard Bitcoin over the news can do their own research and gather data that they need before investing. And someone who's techy that don't even know places to be part of can be a lone ranger on this market without even going on with some communities. So for example, many of them just knew Bitcoin about gatherings and seminars and they've met people there that are not part of the forum. So, every possibility is there and the world is wide so as the communities that we're in. Someone's success in investing on the crypto market can't be measured of what community they are in or if they're not part of any. |
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You're right, once Bitcoin has been said as a legal tender and already made into law then all citizens are forced to adopt it. But what's good with most of the governments that don't have any stance against making it a legal tender or using it as a payment is that they don't ban it. IMHO, that's a better thing to accept than seeing them banning Bitcoin but even with that, we're seeing citizens that still use Bitcoin whether as a payment choice or an investment/asset. So, regardless of what is the government stands for with Bitcoin, as long as they won't ban it. Then, that's the favor that they can do to us and of course, to Bitcoin.
You are constructive enough, Bitcoin is such that has been active even as many governments of the world ban it. Even the citizens in the country where it is banned are still using it due to the decentralization of the coin, and thanks to the P2P initiative as well. This is why I know that the government of the world will not be able to legalise Bitcoin as a sole means of payment and others, and this is because of its decentralization characteristic, it is too dangerous to rely on it. I wonder why people would think that if the government legalizes Bitcoin, they will now believe that their citizens will rely on it only, no, that will never happen. Even if they legalise Bitcoin, it will only co-exist with fiat, just like what we see in El Salvador, it can't be more or less than that. And nobody will be forcing either it or fiat on anyone, it will solely depend on the choice of the person in question to use it for payment, trading or investment. But the citizens, private and government institutions will be obliged to accept it as a means of settlement whether they like it or not. Only that they will try to plan their risk with it effectively, and life goes on. But still, I do not think this will be possible in most countries of the world as Bitcoin will only continue to exist just like how it is now but with more countries legalizing it. We're all optimistic about the adoption of Bitcoin and going back several years ago, many of us were telling that it is going to replace cash or fiat system. But as time gets by, we get to see how these governments react to these changes and what matters now is that they're not going to stop any way of adoption into their jurisdictions. Bitcoin doesn't have to be a legal tender for everyone to use, as long as there is no law that stops its people from using it, we all good with that. So with that, using it as an asset, investment or payment for any transaction is just the same. But we know that majority of us are going to use it more with being as a store of value than of currency but we're all free to do that and no one can stop its growth even these governments. |
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An insurance thing and Binance calls it SAFU. Much better if these exchanges are educating most of their users that only them has the jurisdiction for their users fund and not the users themselves. In that case, they're giving the idea that each user that deposits and keeps their funds on these exchanges doesn't have authority over their own funds as it's like that they handed it over them. Having this insurance won't also make sense because it lies behind the promises of the exchange. They can easily say that all of deposits have insurance but there's always the clause that will save them from any trouble.
You have a point but I think there is transparency in the protection fund to an extent because users can publicly verify it. Yeah, it's the proof of reserve that Binance has said to give their users verification peace of mind. But even with that, things can go south and unexpected in so many ways. Before the crash of FTX, there was nothing like protection fund and I think this innovation is in the right step towards bringing more transparency to the CEX.
There's nothing like that because they've been trusted by their users and no one knows that they've been doing something against already to their users. I think with time, all this questions will be answered as the exchanges will also be asking themselves similar questions and how to make it even better. Seeing significant surge in the protection funds is a win worth celebrating. Half bread they say it's better than none.
I agree that they're the one to clear it and study these cases so that it won't happen again. Like you've said, better than nothing but still, this all comes in the end about having no keys and these protection can just be a word of mouth from them. |
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An insurance thing and Binance calls it SAFU. Much better if these exchanges are educating most of their users that only them has the jurisdiction for their users fund and not the users themselves. In that case, they're giving the idea that each user that deposits and keeps their funds on these exchanges doesn't have authority over their own funds as it's like that they handed it over them. Having this insurance won't also make sense because it lies behind the promises of the exchange. They can easily say that all of deposits have insurance but there's always the clause that will save them from any trouble.
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I'm not sure if it's good for Bitcoin. In fact, anything that reduces purchasing power prevents people from buying extra Bitcoin and forces them to focus on buying necessities like food, water, clothing, shelter, energy etc. They simply can't afford to invest anymore.
Inflation will just make everything too expensive and that's true that instead of having extra funds to invest, majority of the people are going to buy necessities than choose to invest. I've heard of this term shrinkflation before but still, it ends up with the same common thought about inflation. Whatever the terms we make or invent just to define and justify some of these situations that are produced and done by inflation, one thing is for sure that this is inevitable and this is like death and taxes, a permanent thing on this world. |
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It's true that Bitcoin is legal mostly in majority of the countries in the world but the trust that's being said and classified as a legal tender is what people think that the non coiners will make them use and invest on it. And we've seen this in some countries that have their own legal tender but due to inflation, many of their citizens prefer another currency like in Venezuela, they have their own bolivares but many citizens prefer to pay in USD. And just as with country that have adopted bitcoin as a legal tender, they have a choice aside from own local currency.
Something being legal for payment is not the same thing as "legal tender". But yes, forcing citizens to accept a currency (which is what legal tender does) will certainly promote it. Why should Bitcoin get this privilege and not say all of the other forms of payment like other cryptos and Haypenny currencies? This sounds like the government playing favorites to me, which is unfair (and also very unwise). You're right, once Bitcoin has been said as a legal tender and already made into law then all citizens are forced to adopt it. But what's good with most of the governments that don't have any stance against making it a legal tender or using it as a payment is that they don't ban it. IMHO, that's a better thing to accept than seeing them banning Bitcoin but even with that, we're seeing citizens that still use Bitcoin whether as a payment choice or an investment/asset. So, regardless of what is the government stands for with Bitcoin, as long as they won't ban it. Then, that's the favor that they can do to us and of course, to Bitcoin. |
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From the revelation so far, your words contradict each other and I doubt if you truly need or deserve to be advised. The only thing I can tell you is to invest wisely with what you can afford to lose.
Yeah, based on the replies of other members. He had been into Bitcoin more than the time that this thread and his story has been telling us. There's more to it and this is no longer needed for him to get some of the advise or he just want to take attention of everybody. If he's already into it and truly like to invest, he'd no need to get any affirmation and confirmation from any person and he'd just invest into Bitcoin whether it's from his savings, from his side hustle salary or any money that comes from him. As a student, he's got a lot to sacrifice for that if it's what he needs. |
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