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June 24, 2021, 05:40:16 AM *
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1  Bitcoin / Bitcoin Discussion / Re: Why are we all waiting for a certain price to sell Bitcoin? on: June 23, 2021, 11:26:54 PM
It is already being used as a payment system. It is the adoption that you are trying to hope at.
Questioning about why other Bitcoiners to sell is that it is their choice to do so.
In the end, they are still using bitcoin maybe not as what you think it is being used by other's envisioning.
Investors will always think of profits as their topmost priority. Whether they want to sell or not, it's always their own choice when they can make good profits. Bitcoin has already achieved its goal to be used as a currency in some part of the universe and for others while they are waiting for the adoption of bitcoin in their countries, they can make use of bitcoin to gain the best profits possible as long as bitcoin continues to be the best asset or investment.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Holding and taking profits on: June 23, 2021, 11:03:57 PM
Holding for long term could be more lucrative if one is holding a good coin. Going through statistics, holding of good project is much more lucrative than trading. The wise move is to take profit at intervals when there's a pump on any coin you're holding. This would prevent the issues of missing out from the increase in value.

Every people have their own perspective in terms to gain profit. If you think holding is more profitable than trading, then you can hold as long as you want. If others prefer trading to gain more profit than holding, then let them be. It's all about our knowledge and patience if what is good and more profitable.
Holding will always be profitable if you happen to hold coins that have high potentials and that will grow more in the future. No matter how low the current price, it will have its own time to recover again. However, for traders who are good at their skills and are determined to make profits, even if the market price is quite hard to make profits, they will always find good ways to make profits even a small amount.

Holding and trading can still be profitable this time if you have your own skills and strategies to make it succeed. So it's our individual's choice where we can make at its best even if the market is still in bloodbath.
3  Economy / Economics / Re: holding bitcoin from early 2010 till today on: June 22, 2021, 11:59:10 PM
is there someone holding  bitcoin from early 2010   when the price is around 0.01 and still not selling today?    just wondering?
There may be but rarely. Long-term investment is indeed very difficult, especially for a period of 11 years, 5 years, the possibility of a lot of temptation. But I'm sure there are still people here who have invested for a long time. So making their investment now makes him a young retiree thanks to his patience.
It's definitely rare these days holding your coins eifor such a long time. Bullish seasons have come so most of them have been tempted to sell because of the huge profits that are waiting for them once they decide to sell their coins.

But not all of them. Some have been very patient to keep holding their coins until it reaches a very high value. Either they are making it for the sake of their retirement in the future or they are just not contented yet with the current price at the moment.
4  Bitcoin / Bitcoin Discussion / Re: Why do many people who do not understand Bitcoin slander Bitcoin? on: June 22, 2021, 11:37:26 PM
the concept of Bitcoin and its decentralization is so new and "weird" that it's hard for some people to understand it. And it took a lot of time to really click in my head until this second I also don't understand the working system.the slander that bitcoin gets is usually from those people who want to make short-term gains and they can't risk following. in their minds,and usually people who are losing in bitcoin profits which are bad at the moment

Those people who came to slander bitcoin does not know everything about bitcoin. It's like they refuse to learn or their minds are totally closed when it comes to new innovations. Having bitcoin as a decentralized currency is something new for everyone because we are used to fiat which is definitely controlled by the state.

New investors come into bitcoin hoping to make bigger profits but when the market suddenly drops and lose their expected profits, they turn their backs into bitcoin and even call bitcoin a scam. Those are definitely the same people who are closed minded and just came by to slander bitcoin.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin, Dogecoin Gain After Musk's Tweets, But Will There Be Another Bull Run? on: June 22, 2021, 09:46:19 PM
Elon can turn crypto into bear or bullish market in just a single tweet. Not surprising if Elon will tweet something about Dogecoin and then the price will increase. Elon like Doge and support Doge. I also think he gain so much every time he tweed whether negative or positive message. I don't know if there's another bull run but something we can see it as long as 2021 is not yet over.
Elon has manipulated the market in the previous months through the rapid increase of value of bitcoin and doge coin but i don't think that he will still manipulate the next bull run in the crypto market soon.

Seeing the capacity of bitcoin to recover every time its value falls, with or without the tweet from Elon, bull run will definitely come. I felt scared for those investors who depend much from Elon for their coins to invest whenever it hyped because Elon for sure cannot affect the whole crypto market in the long run. Eventually it will come to an end as expected.
6  Economy / Economics / Re: Are you investing in crypto currency alone? on: June 21, 2021, 08:52:03 PM
I am investing in cryptocurrencies, other than that I have no other investments.
With my small amount of money investing in cryptocurrencies is the way that I can expect wealth mto happen because their growth rate is very large. Investing in stocks will take longer and yield less. At least I've had a few years in the crypto space so I'm confident I've managed my investment.
For now, i only focus on my crypto investments because in this time of pandemic, i see no other investments that will flourish as much as crypto always do. It's just a matter of self focus and determination to never end up in a trap and stay positive even if the market is in a crash.

I also have other plans to start with another investment but it will only happen once i'll make huge profits from crypto hopefully when this bull run comes. It's always a good feeling having different sources of income that are both in demand. When one seems to fail, atleast you still have other investment to hold onto.
7  Bitcoin / Bitcoin Discussion / Re: Some words of encouragement during this market crash on: June 21, 2021, 08:22:49 PM
The current market situation is not new to old players in the cryptocurrency market take the 2017-2018 Bitcoin market where the price went down up to 800%, the only suitable word in the situation is to hodle.
Hodling will always be the best option if you don't want to go on panic selling in this market crash and you prefer to keep safe all of your coins. You won't experience losses of course if you never decide to sell your coins unlike those who end up panic selling because of fear seeing their investment consistently falling their value.

I prefer to stay calm and positive in this time of market crash. Crypto will never come up with bullish season if we cannot survive from this long bearish season. So we should learn to be used from it and start living with it too.
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can the market build an immune system against meddling from influencer like Musk on: June 21, 2021, 04:24:01 PM
As long as there are people with emotions and feelings,  influencer like Elon will continue to manipulate buyers and sellers into parting out with their money for their selfish gain.  Majority of people who have participated in cryptocurrency trading or investing are usually looking for quick gain and that what makes them vulnerable.  Those that in cryptocurrency for what  positive things cryptocurrency could do for the society will not asbe easily influenced!
Elon will only be stopped if his follower alone will also stop following and believing in him. But even if he keeps on tweeting about the crypto market, people will surely get tired on him in the long run. And when that time bicomes, probably the market has eventually build immune system towards Elon. His tweets will no longer affect the whole crypto market just like what Mc Afee had happened.

Elon is really considered a smart and wise guy but because of his own selfish motives from controlling the market, he will lose his credibility and its already starting to be realize by now.
9  Economy / Speculation / Re: Btc down trend are started ? on: June 20, 2021, 11:56:01 PM
BTC is currently in a bearish trend. As a result, altcoins follow btc. If BTC falls, the market bleeds, and when it makes a rapid rise, it bleeds. But when I look at the market in general, everyone thinks that there will be a nice uptrend between August and September. When I look at BTC in general, I see that the support points are solid. Whenever those support points break, I literally think the bear season has started. But it's too early, at least for me, to say that this downtrend has truly started the bear.
Most of the crypto coins nowadays are having struggles in their market price so i should say that the bearish season has already started. However, bitcoin price does not fall deeply so even if its a downtrend, bitcoin is still expected will not go down below $30k because of its strong support these days compared to those previous bearish seasons.

But this bearish or others say just a correction is definitely a perfect time to add more bitcoin into our portfolio. Seize the moment now because we don't know exactly how will the market looks like in the next days to come. It might suddenly become bullish and leave us missing the opportunities again.
10  Bitcoin / Bitcoin Discussion / Re: Is buying three bitcoin worth it? on: June 20, 2021, 11:33:37 PM
Three bitcoin is a huge amount of money already. If I were to recieve such huge amount of bitcoin, I wouldn't waste it anymore on something that would make me consume it without gaining anything back. But for me, it is not ideal anymore to buy at such value. I think it is just a waste if you will buy three bitcoin with this high value, but if you were able to make it in time where the value is still low, then you should buy as much as you can and for certain, it will be worth it and everything will pay back for you sooner or later.
If you plan to buy three bitcoin with the current price, it's definitely a big amount of money, yet you are still not sure when are you going to make huge returns. Try to wait for another dump where bitcoin price will be more cheaper and then grab the opportunity to buy bitcoin as much as you can.

Your idea is not really wrong but since crypto investment is full of uncertainties, just invest on the amount you  can afford to lose. You are risking your savinga here so make sure to spend it more wisely.
11  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 18, 2021, 08:54:19 PM
Actually, I was thinking that it's better if they've got some PBA veterans on their boat to lead them inside the court. But I think outside coaching is way better than playing with them. These young guys really can play well and can compete and I hope that for the next games that they've got, they're going to be consistent and will have those wins. I'm also proud and got hyped when I've watched that last shot, that was really a truly amazing shot and can be said as a miracle shot in a very crucial match.

They respect their coach and they have chemistry, these are young players, most of them are single I believe so their full focus is on the sport. It's also an opportunity for them to play for the country, usually this kind of opportunity is given to the stars of the PBA, but this time they got it.
Yes, that's the typical setup for the Gilas. They're only getting those superstars from the NBA but having the chance to break that norm and making a team that's not fully reliant on the PBA, is a good test for the Gilas Pilipinas so that they'll have to compare the results and there's also an opportunity and chance for the new players that are also competitive. The current roster of Gilas is also strong but cannot be compared to the past ones. I just wish that this is going to be the team that will be qualified and will have a long run in this tournament.

It's good to try different approach in terms of collecting players and give som good opportunities with newbies. They might not that strong compared to the Gilas that we used to love,

But the chance are equal if they'll do well, though it was mention that it's isn't the final list once the qualifiers are already done, changes with players to play are  very possible, re-enforcement from international players, those half breeds are expected to happen plus those superstars from PBA is also there for finalization of Gilas squad.

That was our first impression, they are not strong but in reality, they are. They would not win against South Korea if this team is not strong, they maybe are young but the Gilas now are composed of talented guys, and having a tall Center like Kai Sotto is a blessing for them, he even looks better than Fajardo in terms of performance in the FIBA.
12  Economy / Gambling discussion / Re: NBA 2020-2021 betting on: June 18, 2021, 08:34:00 PM
It's difficult to decide. Just like how stadus said it, Clippers won their homecourt games but if the Jazz goes crazy again especially Mitchell going hot early it could be a blowout game and there's the fact that they are still the number 1 in WCF.  Undecided
I guess I will just decide later when I wake up or do live bets.

With 76ers I am sure they can steal this game. They could've won Game 5 but excessive confidence hit them. The 2nd team could've done better to protect the lead.
76ers ML. Over 219.5

Yeah, really hard to predict both games. If you look at the betting line, Sixers and Utah Jazz are still the favourite to win the win. And even the point spread, it is very close, so really difficult to bet on it right now.

I'll also just see how the game developed, meaning live betting. Any teams can take a huge lead specially the home team, but then cool off in the third which will give the road team a chance to close the gap or even take the lead.

I like the Jazz being the favorite because bookmakers still believe they'll win since Leonard is out, it makes the bettors kinda think a lot but the answer is quite simple, the Clippers will win because they've done it 3 times in a row already with and without Leonard. It could be a trap for the Jazz backers, but I would not guarantee the Clippers will win, we never know.
13  Economy / Gambling discussion / Re: 2021 NBA Season on: June 18, 2021, 02:37:57 PM
Yup, that would be exciting as I think the winner on that one will eventually become the NBA champion as they are the only team that has not been affected so badly with injury.

Not sure about that. There are a couple of good teams in the West as well. Clippers/Jazz or the Suns. Plus the risks of getting injured in the Finals series.
The Phoenix Suns had a pretty good run in the Playoffs and can potentially beat the Nets or Milwaukee in a 7 game series. I hope CP3 will be back soon in the WCF. I mean the team's on fire and looking to make a statement this post season.
That's the best achievement of CP3 so far, and they will be back in the WCF as they are already waiting for the result fo the Clippers vs Jazz series.
It will be CP3's first Finals game if they will beat the winner the clippers/jazz, but still it's too long, we can never assume it will happen easily.

However, If the Nets maintains their line up with Kyrie, Harden, and Durant without any injuries in the Finals will always have the higher percentage against any other teams that remained in the Playoffs.

Like they always do, they are the favorites to win from the start the big 3 was form, so them playing together and available in the playoffs, that should be a team that is hard to beat. However, they need to beat the Bucks first.
14  Economy / Gambling discussion / Re: 2021 NBA Season on: June 18, 2021, 11:56:03 AM
Game 7 is a must to watch for all of us here because it is the most exciting series in the Eastern Conference. I expect to see this kind of game especially when the Milwaukee Bucks defeated their opponent in the first round with a 4-0, They are not playing around this year. This last game will be one of the best competitive matches in the NBA we will ever see. This is history in the making and I'm sure a lot of you guys will watch it live tomorrow night.

The odds for game7 are already out and it's even so I think Kyrie Irving will still not suit up on that game.

Yup, that would be exciting as I think the winner on that one will eventually become the NBA champion as they are the only team that has not been affected so badly with injury.

Have a gut feeling though that Joe Harris, Jeff Green, and James Harden three's will finally hit their mark and destroyed the Bucks just like what they did in games 1 and 2 hehe.

Yes, it's already out, the home team is the underdog with +1 and I like that because of the good odds. I think it will not be the same as game 6, it will be a close game and the Nets will take this win to advance in the Eastern Conference Finals. Hawks also have a big challenge tomorrow, they need to win at home so they'll advance, otherwise, the Sixers might beat them in game 7.
15  Economy / Gambling discussion / Re: 2020 Philippine Basketball Association betting discussion on: June 18, 2021, 11:42:56 AM
There's no way I will bet on that, I'd rather watch a game that I think will result in a close game and I like when the Philippines is the underdog as that would mean better odds for them. If you'll bet on the Philipines where without a handicap, you'll only win 1% of your bet, it's not wise IMO.

What if the odds for handicap -22.5 is decent? Indonesia is a trash team against the Philippines, no offense.

For the record, at any basketball competition, the average lead score of the Philippines against Indonesia is almost 30 points. That's the reason why the handicap for PH is 22.5.

About the 1% of the bet, I doubt someone will place a bet for 1.0-1.3 for the PH.

I also put my bet on the Philippines to win and cover that high spread. I just want something to enjoy while watching the game and I cannot allow no-bet for this game. lol.

Good luck to the Philippines and to my bet.  Grin

Congratulations on your win brother, that was close, you just won by 1.5 points with that spread.
This team is really legit the way I see it, they are so consistent and they are playing with good chemistry.

The naturalized player of the Indenesia is an import of the Columbian / Terrafirma Dyip if I'm not mistaken.
16  Economy / Economics / Re: Own a house or rent one? Quick survey! on: June 17, 2021, 11:57:51 PM
Let's assume you make 100 USD salary every month. You can buy a house through mortgage loan and your monthly payment will be 40 USD and that is a long term commitment.

But you can also take a house on rent where your monthly outgoing will be 15 USD. You are free to leave and move to another house anytime you want.

What would you do? Explain your reason.
I chose the second option. I choose to rent a house, while saving to buy or build my dream home. The reason is simple, I live according to my ability, because I can't afford to buy a house, so I won't force myself to take credit. After all, with a home loan, the price will definitely be much more expensive than the initial price.

it's about the principle, there are some people who choose credit, it's the right of each.
I just ordered to always have self control, don't follow a lifestyle that we haven't been able to achieve.
I understand that you don't want to live a complicated life just because of a long term loan when you can live simply just by renting your home.

However, for a family man, our concept might be different from yours. We dream to have our own house at the end of the day so we'll no longer rent for the rest of our lives. If i can have a stable job and a well paid income, then why not? I'll take the risk of taking that mortgage loanvevenbif it takes long years as long as my own family will also benefit from it in the future.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: This time when bear market comes on: June 17, 2021, 11:34:06 PM
This time totally different from 2018 situation. Still i am beliving that no bear market comes. so what time will come , i think in another 3 months?

Same scenario keeps on coming all over again, and it all beyond our control so we need to be strong in every market struggles. Good projects will surely be drowning second to bitcoin's downfall, and if you're not having enough patience you tend to give up and sacrifice everything and panic selling is the last option. That 3 months isn't too far to wait, just let the days gone by and embrace what the future may bring for us.
It's the only thing we can do for now to wait for the market to recover. I can see that there is still another bull run before this year ends so we should start working for it while the opportunities are still reachable facing the current bearish season.

If we dream of making profits in the future, holding of our old coins is not really enough. We can think of buying more potential altcoins this time particularly those that are listed on top ten coinmarket cap but mostly, prioritize buying more bitcoin as they can give us more profits more than any coin can give.
18  Bitcoin / Bitcoin Discussion / Re: I have concluded that all governments together can't stop bitcoin on: June 17, 2021, 09:47:34 PM
Banning Bitcoin also means banning the entire Bitcoin mining industry. Some countries in the world have a surplus of electricity and they raise miners as a way to make a profit. Bitcoin is too powerful and the government cannot ban their people because people always have a way to use Bitcoin. It is only possible to cut off the internet to ban Bitcoin altogether, and this cannot happen.
Banning bitcoin would not really come to the extent of shutting down the internet connection because all other companies' operations that are greatly run by internet would greatly suffer too. So the least that the government can do is to impose restrictions for bitcoin and its users, and all it crypto exchanges. But since crypto is decentralized, the government cannot control it fully so they cannot put and end in it no matter how they want it.

19  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: June 17, 2021, 09:19:32 PM
I don't think that money is the root of evil. Money is good and important for people to have a good life. It is really hard to have a happy and quality life without much money. The real problem is the stingy people. They ruin everything. They do everything for money.
Money can never do evil if not with people who's thinking are beyond control. Money is just a tool. It's the mindset of the people that made them differ from one another.

I think we all dream to have lots of money so we can live our lives comfortably, and to sustain all our needs so we won't have to look for nothing. But there are still people who are not satisfied with their lives so they keep on doing things for their own satisfaction even if it means hurting other people just because of greediness.
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: another bullrun before 2021 ends on: June 17, 2021, 05:40:06 PM
I personally believe that there will be another btc bull run and alt run before 2021 ends.  what you guys think about it?

btc to 80000 or 120000 USD
I also predict it so, after what happened a few months ago I believe in the future there will be something like this happening again and it will be very high even I predict more than $120000
That is very possible. The market will not always be bearish nor bullish. There will always be a time for both of them. And yes, i'm also expecting a bull run at the last quarter of this year. The value of bitcoin might even surpass our $80k expectation and might settle at $100-$120k.

So let's start being positive with the current market condition as everything will change gradually. Today might be a good opportunity to buy more potential coins and add them on our portfolio. Bitcoin can be much profitable if we start holding it for a year or two and it takes long stretch of patience to do that.
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