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1461  Economy / Economics / Re: A fact that the general public don't know on: December 20, 2022, 09:48:47 PM
It's looks like in every bear season crypto always gets a bad occurrence to be called a scam, this is why I still look at the whole bad situations that's happening as a planned attack, I am talking about FTX and co.

The Politicians will try to ruin crypto and force KYC on every clean and unclean exchanges out there, this is a good opportunity for them to promote CBDC too because of this FTX fraud but I am here to tell you that FTX and Crypto are not the same things, FTX is a private company that did many bad things behind the curtain and Cryptocurrency is the most fascinating technology that humanity has ever emerge with.

Don't get it confused.
I don't see this bear season as politically influenced and also with that KYC. FTX scam issue can be a huge contributing factor affecting the price and bring to huge dump but if we talk about KYC, this has already been started several years already.

Well, I can't stop people from assuming anything that causes a major drop in the market but if we understand the nature of the market, bear season will certainly come even if we have these positive market views. In fact, it was not just during bear season we saw scam issue but also during the bull season.
1462  Economy / Trading Discussion / Re: Accumulation phase is out!? on: December 20, 2022, 09:22:28 PM
It looks like it is holding and in fact we can check that the price is holding right on a support zone which we can sayis where the accummulation is being done. BTC is still trading in the support zone. So, as long as it holds the this zone we should see it go up. Now, if it breaks below the support area ($16.5k) we can see it further down. More picture will clear after the weekly close.

I agree that holding is the best thing to do now if you already had fill your bag already but for those who haven't yet, accumulation seems to be a good position as well.

Honestly, after seeing the trend, I have no confidence that the price of Bitcoin will be rallying high surpassing $20k this month. Many had believed that December is a good month in crypto but I say now seems to fail such speculation as I can see that the price will remain in its current range of $16k - $18k.
 
1463  Economy / Gambling discussion / Re: Boxing Speculation, Odds and Predictions on: December 20, 2022, 11:03:20 AM

With this statement of Inoue, some of the Filipino boxing fans thinks that Inoue is avoiding Casimero because if he grinds for ranking after he goes up in weight division, there is a possibility for Inoue to fight Casimero. While going straight to a title fight will definitely evade a fight against Casimero.

Maybe he can be a champion but Casimero will always be his tough challenger and the time will come when he will have no choice but to fight him. If he will evade Casimero, not only the Filipino fans will think that he is afraid of him but the whole boxing community, so if he has the pride of a champion, he needs to take the challenge of Casimero.
1464  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 20, 2022, 10:40:55 AM
Get that money ready now, odds are already available.



Again, SMB has very attractive odds, they are still a slight underdog, but we know what they did last game. This is a close out game, I expect that they will play very hard so they will not be in the position to a possible elimination in game 5.
1465  Economy / Trading Discussion / Re: Are the Whales Control bitcoin price? on: December 17, 2022, 01:09:32 PM
we all know no one can controls the bitcoin price because bitcoin isn't like bank, stock and valas. but if the whales owned 51% of bitcoin, can do it?. if happen, does decentralization not exist?
Whales may have huge investments in crypto but this is not enough to move Bitcoin to where they wanted to go because I believe the term " Decentralized" and Bitcoin does which is difficult for them to do it. They actually can change the market view with the help of social media, they can somehow manipulate and fake trade volume - buying, selling, and moving their money to the other account just to show that there is a huge event on that particular exchange.

They can't do it in Bitcoin but for altcoins, that seems easy for them.
1466  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: December 17, 2022, 12:43:20 PM
Place match earlier on OKC that match was really a close one only two points ahead I thought I'm gonna win now as the OKC is on a losing streak and probably gonna get lucky this time I know they do their best. They lost again by two points just like their match on Wednesday which they also lost to Heat by just 2 points.

That was a close one though, however, I think you should not stop betting as one day you'll be a winner. OKC is a good team although not yet a playoff team, they are just very competitive and the best situation to bet on them is when they are the underdog. Another big performance by S. Gilgeous-Alexander, 35 points in this game.
1467  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 17, 2022, 12:08:31 PM
For those who want to risk it to the Beermen tomorrow, here are the odds in stake



I think this is already a good odd if you are an SMB supporter. I know that San Miguel will do everything in its power not to get swept by Bay Area Dragons. They have a formidable team that can compete against the Dragons and the first game shows that they can actually go toe to toe with them. Fajardo alone cannot do it but if the shooters of San Miguel get hot tomorrow, they have a chance to force a fourth game.


It's not attractive anymore, the way they played on their last game does not represent their greatness. Well, I guess they maybe able to cover the spread but to beat the Bay Area, there's a little chance it will happen. They should have 1 win already, but they wasted that opportunity.

This series will go 3-0, period.

I could get 3.00 for SMB but honestly I'm also not attracted on betting this team. They are down 0-2 already, so there's a very little chance they'll win the series. Also, Bay Area will try to make sure they will send a statement to the winner of Ginebra vs Magnolia, and for sure they'll swept the SMB.
1468  Alternate cryptocurrencies / Altcoin Discussion / Re: Just how bad is the bear market right now? on: December 17, 2022, 09:50:09 AM
It is good time to collect cheap altcoins since this market crash can be opportunity for those who missed train. The market prices decline for reason, the whales keep dumping altcoin bags to speculate markets and take advantage of it. My prediction is 5 more months for bear market then green colors will appear on charts.
The good coins only are the good ones to have but I know that everyone is having the idea that it's also good to have some bets and pick those low-capped coins that might rise in the next years.
Those that have seen pumping that much and it's what they're trying to do with some other altcoins that haven't pumped yet because it's like a lottery that could bring in thousands to millions of potential profit if a crazy pump does happen. It's going to be a common strategy for most when they've seen it happen to others.
Perhaps it was a suicidal move but we can't deny that many people make a huge profit from investing in hype projects.
Just imagine about 1000 times ( or more) the price increase from a shitcoin, that is really big money for the investors, and people have kept that motivation that one day they get such a thing. Though we know the risk of investing in these shitcoins, many people still aim for their luck in them. They keep buying altcoins and hope for a huge profit when Bullrun comes.

1469  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH whales buying MATIC. Price surge incoming? on: December 16, 2022, 09:32:44 PM
What’s the proof that whales are selling their ETH holdings and buying MATIC?
Well, there should be no issue here because this is just a speculation and its hard to know if the whales are really leaving ETH behind just for the sake of MATIC though of course this is also a good coin and there’s a good opportunity for MATIC to rise but I don’t think they will surpass ETH because ETH will remain the top altcoin.
They might be selling some ETH and diversifying their portfolio looking for something that can be hyped and choosing Matic but just you, I'd never think they leave ETH for this sake. Matic will rise soon which we can't deny but as OP said that it makes its own bull run moments, which is somewhat unrealistic.
If this is true, whales are just preparing for the Bullrun that is what I see. They can never pump and create Bullrun while we are still on the current market condition, I was expecting when Bullrun comes and Matic will show a huge pump.
1470  Economy / Speculation / Re: Bitcoin is on the Verge To Slice Through $30,000 on: December 16, 2022, 08:56:37 PM

  • However, a popular crypto analyst, Micheal van de Poppe, in his new video believes that the BTC prices still can reach $30,000 in the near future.

He can be beaten by his own prediction easily. Well, that can be a safe prediction as it will certainly reach, no doubts about it. But if he thinks this will happen this year, that is gonna be impossible. Even reaching too $25 is hard but saying that Bitcoin will reach $20k this year, that was very close to reality ( and we are very close to that).

Anyways, anyone can make their own speculations and market assumptions. However, it was not the thing we believe because, in reality, nobody would have the crystal ball to see where the price of Bitcoin goes. And they all just fail.
1471  Economy / Trading Discussion / Re: The patience to hold is a gift on: December 16, 2022, 12:23:37 PM
I actually agree with you OP, it is always very difficult to hold for small investors, they are always looking at the money they invested especially if it is a large sum of money for the first time, unlike large scale investors who will just buy and forget the wallet until it needs comes. Poor investors who have few other sources of income are unable to do this; instead, they check their wallets almost daily to see if their balance has increased or decreased. You have a wonderful gift if you can actually hold.
Those who always think about earning a profit easily will end up like being desperate which leads to selling their coins at a cheap price.
I understand how these small investors are trying to reach but this seems impossible knowing that crypto investment never gives us instant return. That is why need to learn how to hold, keep ourselves in a calm state, and most of all, learn to understand the nature of the market as it never works according to our plan. If we can't manage to hold, it is best not to invest here otherwise, we suffered the most - losses and stress
1472  Economy / Gambling discussion / Re: Boxing: Errol Spence vs Keith Thurman on: December 16, 2022, 11:18:41 AM
Marcos Villegas from fight hub tv just had a recent interview with Derrick James and they are showing Errol doing just fine after the accident, said he just have some bruises, nothing major. They also tackled about the possibility for a Spence - Crawford fight, but Derrick does not show any hints for the fight to happen sooner, instead he gives no comment about it as we might not able to see it. I'm not really sure who's camp is really ducking and who's really pursuing it.
Derrick even said, he doesn't care about the fight lol.

Yes, this is the link for those who wanted to hear straight from James mouth, hehehe

https://www.youtube.com/watch?v=OK45-j6DLio

And so if the fight between his Spence and Crawford is not going to be made in the future then I don't see them being one of the best in this division. Old Manny Pacquiao chooses to fight Thurman.

Anyway, I don't see them in the top 10 though of the greatest in the list, only Manny and Floyd in my recent memories should be mentioned.

Can't compare Manny with these two fighters because Manny does not afraid of anyone, he is willing to risk his good record, even fight a younger champion and beat the champ. These two fighters seemed to be talking so loud but had no intention of entertaining the fight by giving them a big fight.

Spence and Crawford choose to fight a different opponent instead of getting into an undisputed fight to know who is the best in their division.

We can hype and do our job but if they are not interested nothing will happen. Spence and Crawford claimed that they are the best fighter in the world in their division but are afraid to fight each other, maybe they are just trying to make the bad negotiation and excuse on why the fight did not push through. How long do we have to wait? I hope Spence will lose so no more Spence vs Crawford hype.
1473  Economy / Gambling discussion / Re: 2023 NBA Season on: December 16, 2022, 10:47:08 AM
As far as All Star, Wiggins was voted last year and proved himself. Probably if there is one person that need to step up, it should be Klay Thompson.

So far, his performance is not yet impressive though he has some impressive games, I mean the consistency is very important and so far KT does not have that consistency yet. Maybe on a 3 point shooting contest, he can comeback and try to win another trophy.
1474  Alternate cryptocurrencies / Altcoin Discussion / Re: Future Outlook of Tron (TRX) - It can be next Ethereum? on: December 15, 2022, 11:22:50 PM

Tron is a profitable investment, if considered for the long term and it addresses the huge gas fees issue of Ethereum.
That was the reason why people adopt and use TRON in the meantime while the ETH gas fee is high.
TRON has already a good name in crypto, and many people believe in the capability and of course, the profitability of this project long-term. However, if we think that this can be the next Ethereum, that sounded off from happening. I'd see XRP before surpassing ETH as 2nd place but never I see TRON got it. It was indeed a good project to hold for long-term as the price is growing but this can be changed when the ETH gas fee is back to low again.
1475  Bitcoin / Bitcoin Discussion / Re: When will Sam Bankman-Fried go to jail? on: December 15, 2022, 09:53:30 PM
So, Sam Bankman-Fried is in jail for at least 2 months, and we shall hope his example will force CEOs of other exchanges to behave, and not to mess with their clients' money. Sam Bankman-Fried was the worst, but Justin Sun's not much better, and there were issues with Binance as well.

The crypto-world will only get better if all the crooks are removed.

Might this become a lesson for the owners of exchanges to become transparent about their doings as people are trusted them but 2 months in prison, nothing really happens is not long enough to punish this person? He should stay there for a long-time just to give him time to realize their wrongdoings and never do it again. 

This scenario may change the view of the traders in a particular exchange, trust is heavily affected but I say it is good for at least people to know the consequences when putting money into an exchange.
1476  Economy / Gambling discussion / Re: [Boxing] Naoya Inoue vs Paul Butler - Undisputed Bantamweight Bout - December 13 on: December 15, 2022, 05:26:10 PM
They keep ignoring the potential Casimero match which makes his undisputed title cause a lot of comment. I really hope that the fight between this 2 impressive boxer will happened next year.

That is a big possibility now since Inoue has nothing to proved in the bantamweight and shows intention to go up in super bantamweight and continue because he said that he want to get another belt in the new division and planning to unify it as well. But Casimero will be in this track this time.

Casimero is going to be a challenger for Inoue, although Inoue had some success in bantamweight division, but when he will move, he would not fight a champion right away, so no other fighter that could give Inoue a real challenge but Casimero. I'm confident that it will happen because Casimero will never stopped challenging Inoue and the beast will leave no option but to accept it.

And hopefully Inoue will finally say yes. Casimero was already challenging Inoue when they are both champions in the bantamweight division but it seemed like Bob Arum does not want to take risk on his cash cow already Inoue is a huge favorite to win. They cannot escape anymore because in order for Inoue to have a shot on a title fight, he needs to be a top contender and that means beating his fellow contenders which Casimero is waiting in line.
1477  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 15, 2022, 05:04:09 PM

@jakelyson, please confirm your participation kabayan so i can list your name and your bet for Magnolia.


I was not able to log in for a few days because of work. If it is okay with the participants, I would still want to push through with my bet on Magnolia. I will wave my bet on SMB vs Bay Area because I want to bet on Dragons, but they won the first game.


I think there's no problem with your bet on Magnolia because they are already behind the series. For sure participants would let you in. For SMB vs Bay Area, this series will be close, despite Bay Area won game 1, but it was the SMB who dominated most of the quarters.
1478  Alternate cryptocurrencies / Altcoin Discussion / Re: NFT ?? What do you think about it ? ? ? on: December 14, 2022, 09:41:05 PM
The truth is that most people fail to see the true potential of NFTs.
And when they decide to try it out and it didn't work out as expected rather than learn more about it they will instead be creating FUD.
It's true that NFT is a different when it comes to marketing and also usage but the potential of NFTs should be recognized.
NFT is not just a picture that can be downloaded from anywhere in the internet and saved into the computer device.
Then to ask you, what really is the use of these NFTs?

Just like with the others, I'd never see the potential of these projects, they remain just art, digital pictures...Because if investors really appreciate the existence of these projects for sure they will never leave but they did it. This will literally mean that they never see it as a profitable investment. bear

I'd see a huge growth of NTF's during the bull season but when the bear season comes, they are slowly gone.
1479  Economy / Trading Discussion / Re: Binance lots of FUD on: December 14, 2022, 08:57:14 PM
We can say that FUDs are useless but guess what, this sometimes gives us information and awareness also. We can never tell if this news and reports are fake until we research. In some instances, this has already been made to ruin someone and Binance is one of the big exchanges in which I see this is a part of the competition. But yes, we can't also neglect the possibility that Binance did something wrong, we never know until someone from inside will have the courage to tell in public.

Whether it was FUDs or that is true, we still need to be careful in using exchanges, and put FTX as an example.
1480  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: December 14, 2022, 09:08:27 AM
Are you enjoying the game already? SMB has a double-digit lead but now in the 4th quarter, it's only a 4 points lead. This Bay Area Dragon team is not going anywhere, despite their bad start but they are still fighting, and playing hard to win. Good luck, this is a great game so far.

Romeo is playing very well for SMB, his return is very timely.

1-0, Bay Area won the game in a thrilling game. Their composure made gave them success in game 1. They didn't even call a time-out when they get the rebound with a few seconds left in the clock, I don't know if Cruz's decision to shoot a 3 point was the right one, I mean, he could have driven the ball, and try to get a foul since they are still ahead by a point.

Anyway, the game is over, let's see what will happen in game 2.
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