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1401  Bitcoin / Bitcoin Discussion / Re: I made a mistake shorting BTC at 17k on: October 26, 2022, 09:52:53 PM
I suggest you buy back your BTC now before prices shoot back up, because the logarithmic rainbow charts are already putting this current price in "Basically a fire sale", even almost breaking below that color line - meaning we will never see $17K again (sorry Bitcoin to zero doomers).
There’s no other way to regain your expected profits than to buy back again while the market is still deeply bearish. Although it’s really not a huge loss literally, but if you want to increase your profits when the market is finally bullish, then you don’t have to waste time waiting for another price dump just to buy again. No one knows what will be the price tomorrow or the following day, just buy back when you have enough funds for it.
1402  Economy / Speculation / Re: What Will be the Bottom of Bitcoin till 2025? on: October 26, 2022, 09:31:54 PM
Bottom in 2025? If he look a the historical log, we could be in the bull run, 2024-2025. So I was quite surprised to that you are asking for the bottom instead of a new all time high.

So I'm not sure if there is somewhat that can give you the bottom price till 2025.

But as far as prediction as to what could be the new all time high, perhaps we could see 6 digits for the first time.
Really. It’s quite an odd to ask what would be its bottom price when everyone is expecting a new all time high. But anyway, as to my POV, it could be $15k or lower than that. The market is so unpredictable, it could even drop below $10k which will create a lot of panic in the market.
1403  Alternate cryptocurrencies / Altcoin Discussion / Re: Does new projects succeed in bear on: October 25, 2022, 09:58:44 PM
I belive that projects should start at bear market, If they have the intention to become one of the pioneers of new trend, they should start at bear market. Remember those project that rise up on the revent bull market? Most of those started during the recession. Bear market is for builders and projects who easily failed because of current market scenarios means they are weak and can't handle the same marketcycle again. Investors should find projects in this season, everything is on cheap!
Well, the bear market brings a lot of opportunities even the development of good projects. But we only know if they are good and profitable later on if they have surpass and survive the bear market. As most of the weak projects never survive, but for strong and powerful projects they will surely survive throughout the bear market since they have powerful long term goals and they are in set for long term profitability. This is why building for good and reputable projects should start at the bearish season, and not on the bull market instantly.
1404  Other / Beginners & Help / Re: MY JOURNEY SO FAR on: October 25, 2022, 09:21:02 PM
You've been a Jr member for quite sometime now but it still a thing of joy seeing your rank increase.
As can be seen on the activity calendar, th last activity window was on the 19th of this month, six days ago. Safe to say it's still very recent that OP ranked up.

To the OP, congratulations on your new rank. Older and higher rank members often do not see the need to celebrate each rank increase, especially those which are much lower, but it's always positive seeing new members join the forum and learn from it.

Good luck.
I’ve been there OP and I know the efforts you have to go through just to get that rank up or promotion. And certainly, everyone has gone through it. For now, continue acquiring news insights and information about crypto and the crypto market. That way, you will always have a good write ups that will also benefit other newbies  in the forum. Good luck on your crypto journey and I’ll aways hope for the best for you.
1405  Economy / Gambling discussion / Re: 2023 NBA Season on: October 23, 2022, 02:07:28 PM
Denver Nuggets will definitely keep him for a long time and just surround him with good players in the next seasons to come.

Of course, Jokic is a very valuable player, and the Nuggets management is well aware of that. As you probably know, the Nuggets agreed and signed a 5-year contract extension with him early in the offseason. So the Nuggets have already kept him for a long time since his current contract will only expire after the 27-28th season. Honestly, I wouldn't be surprised if Jokic plays for the Nuggets his entire career.

Yeah, Actually Jokic is the most valuable player for in NBA right now since he is good on both offense and defense while he is still young,  The only reason why Nuggets still don’t get the championship or even close on WCF is because Jokic has no solid team mate that can cover him while he is resting. Nuggets play is centered to Jokic which is the reason why they are always being beaten by strong teams on playoffs but Aaron Gordon is now improving well and probably he will be one of the key player on Nuggets to help Jokic.

It will be a loss for Nuggets if they let Jokic be traded since they are the one who develop this player since his rookie days.

They don't have Murray, he was injured last season so Jokic had to carry the team. However, since their offense heavily rely on Jokic, they became so predictable and they have no answer on a good team like the Warriors. I hope they will improve this season, well, they've proven they had improve because they beat the Warriors on the road.

Yes, Jokic and the rest of the Denver are doing good. They already have Murray to help, we know the IQ of Murray in terms of
basketball skills, he can bring a big impact if he will play healthy this season,



Porter Jr. is also back, he is getting his rthym back, and we are slowly seeing his good 3-point shooting, also his defense as well as he has height and athleticism. Jokic is still playing like an MVP, as long as he is healthy and the entire team, they should be hard to beat.

Quote
The first game with the Jazz gives a bad sign but afterwards they bounce back, beating the heavy favorite Warriors.
It's unpredictable but for me it's good to see them enjoying their company and they still have that same
system which rotates the ball well.

That was surprising really, but Jazz is a legit one, they actually get better when Gobert and Mitchell were traded.
1406  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: October 23, 2022, 01:15:50 PM
I have a very attractive bet tomorrow.
LA Lakers is only -3.5 against the Blazers, they are on a two losing streak, I'm sure they'll play harder in order to win.
So what you do you think about this betting spread? Should I be confident on betting on the LA Lakers, or will just stay away from this game?

Also, we have Jazz +7.5 against Pelicans, I'm thinking of betting Jazz ML.  Smiley
1407  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 23, 2022, 12:26:12 PM
Ginebra is currently 4.95 ML. I guess there's no chance they will win against the Magnolia, seems like Magnolia is really a legit team and they will continue winning. I bet on Ginebra -1.5 before the game, now I'm hoping miracle will happen but I'm not adding my bet anymore.
1408  Economy / Gambling discussion / Re: 2023 NBA Season on: October 22, 2022, 12:50:13 PM

Now with regards to the Pelicans, I said that they are the "dark horse" of the league right now and that is the team to watch out in my opinion. Will they reach the playoffs? Yes, they will. How high they can get in the playoffs? I think they can go as high as Conference Semi-Finals only. They are too young, and their roster is too inexperienced when it comes to the playoffs, and we know how experience affects the performance of the team during the playoffs. They are a promising team yes but to win the title is too exaggerated at least for me but I will be surprised if they might take it all and be the WCF champions.

They'll be very tough to beat this season, they have a good defense and they have great players that could penetrate inside. Zion, Ingram, and Jonas V., these guys are hard to stop, plus they also have some shooters and great defenders, so it's not gonna be easy. Let us not forget that the best team last season which was the Suns were having a hard time beating a zion less Pelicans, now that they are complete, things will be different.

Great start so far, that's because Zion is healthy, hopefully nothing serious will happen to him as we will know what would happen if Zion will be injured. Look how confident the Pelicans are, they know they have a reliable superstars that are willing to carry the team, so they are not afraid to shoot the ball and be aggressive to grab rebounds.

overall, this team is more good on defense, and that's very important especially in the playoffs.
1409  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 22, 2022, 12:18:25 PM
TNT is -9.5, is it worth taking?

TNT has been winning double digits before they lose to NLEX, so most likely they will again bounce back with a double-digit win.
Who among here is brave enough to take that spread? By the way, the first game will be this 4:30 pm, still plenty of time to bet.

That's a nail-biting win if you have taken that option for TNT as they only led by 10. It's very close all through out the game, good thing that they pulled away in the fourth quarter but i have not bet on that game because i'm hesitant of the spread because Blackwater Bossing is not a push-over team this conference for me.
Yeah I took it, and I'm happy I got lucky tonight, I'm watching but not so comfortable because it's very close to the point spread I took, but like I said, I got lucky so I won my bet.

Quote
Betting for the Meralco Bolts -2.5 @1.8 in the second game, hope they win and cover this not so wide spread.

edit:

ROS leading by 7 points at the half, seems my bet is on the way to losing here  Sad.


Good luck on your bet mate, don't worry, it's not yet over.
1410  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: October 22, 2022, 07:30:23 AM
TNT is -9.5, is it worth taking?

TNT has been winning double digits before they lose to NLEX, so most likely they will again bounce back with a double-digit win.
Who among here is brave enough to take that spread? By the way, the first game will be this 4:30 pm, still plenty of time to bet.
1411  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency and Gambling on: October 21, 2022, 09:59:31 PM
The fact about people thinking about cryptocurrency as gambling is because isn't a secure investment. If you buy $1000 worth on bitcoin today doesn't mean you will have profit in 1 year, even worst, you can be losing a huge piece of that cake, and that's why a lot of people compare the cryptocurrency with gambling.

Remember, high risk means you can win big or lose big in the process, as gamblers says, this is a go big or go home.
Even life itself is gambling in the first place. However, there are some ways to lessen the risk and increase the chances to make profits. Like in cryptocurrency, if you invest in altcoins particularly in new projects, the chances of losing is high and chances of profiting is quite low so you have to consider thinking about that. But if you want to have greater chances to make profits, choose bitcoin. Although bitcoin is still a gambling investment, but you know that you could make a lot of money out of it simply by buying low and selling high, and being patient of course.
1412  Other / Beginners & Help / Re: Why newbies get banned on: October 21, 2022, 09:45:56 PM
The endless possibilities around Bitcointalk community can't be over looked, I found the community to be a place specially made for business wise and mindset alike, So much has been discussed already and i advice all newbie's like my humble self to highly get involved and learn as much as possible.

During the past few days, i've come to realized that over zealousness to get recognized in the platform is leading most newbies toward destructions. With the recent compiling list of banned account i found on the platform, i could only wish. That those newbies really takes out time to study and stay banned free.

With the subject matter above, Instead of chasing recognization, my advice to newbies is to get acquainted with the platform. Educate your self in some certain areas and topics. This is necessary for daily improvement and investment growth. Do not rush, take it a step at a time, by so doing the recognition you chase will be placed before you.

I recommend all newbies to stick with this beginner and help sections for days before thinking of other sections of the platform, By so doing. You gradually become a pro in your area of specialization.
In this open forum, it is not important to have the highest level of knowledge and excel from other members as to get many merits as you can. Although getting merits is good because it means your posts are quality and more valuable but it’s not really this forum is all about. By just following and abiding with the rules, you can stay longer in the forum without getting fears from banning. The reason why newbies should acquire a lot of knowledge first in different aspects be it fundamental or technical so that they can also create quality posts that will give benefits to the newbies next to them. After all, there is no competition here, only fair share of getting knowledge and free information from reliable members.
1413  Other / Beginners & Help / Re: My Advise to newbies on PM offers on: October 21, 2022, 09:25:03 PM
I wouldn't say that this is suitable for newbies. Newbies can't use signature space so what you advise won't really work for newbies. This time my signature space is not available for other campaigns since it is used for rollbit as everyone can see but during my time when I didn't join any for quite some time, I never received PMs like that but rather received PMs from the same forum user about casinos asking if I am interested in turnkey online casino development services which I ignore since the sender is newbie.
Before, I received some offers but mostly are in gambling. And since it needs a capital, so I end up hesitating and join signature campaign instead for sure profits. However, my advice for that is always DYOR before you take some actions. Not all offers could make you go wrong, as some are legit and reliable projects but you just have to trust them so you can also be rewarded. But to make it sure, once money is involved, always think a lot of time and do deep researching.
1414  Economy / Economics / Re: How to save as food inflation jumps more than 11% in a year on: October 21, 2022, 08:59:19 PM
I don't think buying food and stocking is a good idea if that's what you mean, the best way around this is to live below your means and add some other cash flows.

That's right. We have little experience in storing food and we don't have an appropriate equipment, so it is very likely that a big part of the food we want to preserve will go bad. The best strategy, in my opinion, is trying to find the places where we can buy cheaper food, and, of course, where we can earn some additional money.
With that, I think people should start to eat more fruits and vegetables and less eating on pork or meat so they can lessen the expenses when it comes to food consumption. Also, increase our sources of income by looking for additional means that will give us additional income. The more we get multi sources of living, the bigger chances of saving during this inflation.
1415  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin Repeat History ? on: October 20, 2022, 09:52:13 PM
I am looking the charts of bitcoin to make some trade on it and found a historical turning point on it what you guys are thinking about it check and leave your opinions.

https://youtube.com/shorts/tycNLzRi44o?feature=share

Thanks Smiley Smiley

I guess for some of us, the cycle still holds true every 4 years as it has been proven till 2021. So yes, the cycle will continue and even though there are some who think that it can break the pattern since we have a whole country, El Salvador making it their legal tender. Super cycle or two bull runs in 4 years? Nah, I'm sorry but I don't think it's possible. So bull run starts at the halving year of 2024 and then eventually reaches it's peak in 2025.
That’s everyone’s expectation because history has proven it in the previous years. But to be honest, history do not guarantee the future of bitcoin, since bitcoin only follow its price depending on the market sentiments and current position of the market. Other than that, bitcoin may break its history pattern after the awaited bitcoin halving, but I’m also optimistic that bitcoin will still achieve its new all time high after its own halving.
1416  Economy / Speculation / Re: Bitcoin may drop to $15k or so but it'll definitely hit $300k+ in coming years on: October 20, 2022, 09:25:26 PM
These are just my thoughts and opinions. Of course anything can happen.

I'm no financial expert so take my predictions with a grain of salt.

I was pretty spot on predicting this bear market back in May 2021 (btc price $37,258):
https://bitcointalk.org/index.php?topic=5338953
We have to respect each other’s opinions and assumptions here as we have individual basis to rely from it, and since the market itself is very open to entertain our own thoughts and sentiments. However, for me, of course $300k will be attainable in the next 5-10 years or even lower than that, but I would not stick to it for now seeing the market is having a hard way to recover. Maybe if bitcoin price will just hit $100k by next year, that’s totally fine for me.
1417  Other / Beginners & Help / Re: Bad advice can still be gotten from forum. on: October 20, 2022, 08:52:15 PM
The forum is open to everyone, so anyone can find advice and comment on it. Those who moderate here are very active and experienced, taking down any irrelevant or bad advice they see. Meritorious posts here demonstrate acceptance of viewers, while bullies are not tolerated. While I am unaware of the age limit in the forum, I believe anyone over 18 years of age should be reasonable when it comes to following advice and recognizing good advice.
Not only that members should be reasonable on their posts, but I believe even the forum itself do not tolerate negative and off topic posts as they eventually delete it once noticed by the admin. Although we can still notice some low quality posts and sometimes negative advices from some members, but since you enter the forum   with a more knowledgeable mind and more effective reasoning, you can always evaluate individual’s post if it’s going to be good and effective or if it’s going to cause you harm in the end.
1418  Economy / Economics / Re: Competition in business on: October 19, 2022, 09:37:53 PM
In my POV,

Competition is good when I am the customer
Competition is not good when I am the Businessman


Well it is really something an advantage for customer or clients which we would really be having lots of option if competition would really become even more tighter which we would really be seeing different types of businesses would really be seen in the market.This is on all possible industry whether its food,gambling,ecommerce related or something else.For business owners or creators then expect that there would really be a
competition, thats why it would really be important that you should always consider on trying out to improve and trying out to make something which it doesnt been shown or be seen on the current market.
Make yourself to be that obliged on finding some new ways on to hook customers or people which will really make possible more revenue.
Once you’re a business owner, I think that’s also your own initiative to always think on how to improve your business and how to maximize your sales by keeping the demand of your customers or clients. If you quit, you will always be left behind and business will fall. So I think a healthy competition is also necessary so we can be more competitive not in a way to threat other businesses, but to compete in a positive way on how to satisfy every customer that goes in our store and will give us assurance that they will always come back.
1419  Bitcoin / Bitcoin Discussion / Re: Another opportunity is coming, a time to hold on: October 18, 2022, 09:56:49 PM
I have been very busy which makes me not to post this very early as it was last week news. Just that it is still very much worth it to post this.

More than 30% of Canadians plan to purchase crypto by 2024, says OSC head

Some people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.

According to Ontario Securities Commission head, the chief executive officer, Grant Vingoe, he said that they know from their research that 30% of Canadians are willing to invest in crypto asset by 2024.

Quote
“We know from our own research (being published later this month) that more than 30 per cent of Canadians plan to buy crypto assets in the next year [...] It is a challenge to bar non-compliant firms from offering services in Canada. With a limited budget and finite Enforcement staff to cover our entire capital markets, there is only so much we can do. But we are making progress.”

I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.
This proves that there are more to come in the market and that we should be more patient to wait for it as it will happen gradually when the right time comes. However, we always hear this positive future actions towards the crypto market, but I would advice not to take this seriously as things might eventually change when that time comes. And when the market still shows no progress by that time, and that prices are still in bad position, then I don’t think these Canadians will still insist to enter the market despite of its current flaws.
1420  Economy / Speculation / Re: All Eyes On Bitcoin’s Monthly Close on: October 18, 2022, 09:32:44 PM
All eyes will certainly wait for the monthly closure of Bitcoin prices, this is because at this time Bitcoin is an asset that will continue to be monitored because the price is very fluctuating, besides that of course to see the market conditions in general whether red or green then we can from the position of Bitcoin prices.
Not only for monthly closure, but most likely for its year end price as bitcoin price will always be a reflection for altcoins price movement in the market. But to be honest, I am not seeing bitcoin this year reaching a new significant price because considering the market still in bearish position, so probably if bitcoin price suddenly surges high, it will always have high chances to bounce back again and drop its price.
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