so whats up with this?
Some governments are acting like: When we want to come to your house and watch you masturbate we can and if you try to shut the curtains on us you're going to jail. You and the curtain seller!
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Found this image on Reddit, this really shows the thoughts of people who buy it when price has reached its at that moment highest potential.
Who says we're still in a bear market? Tell me please, what's the difference between a bear market rally and a beginning of a bull market? It's easy to say after the fact when the price keeps going down for months that it has to be a bear market and the same the other way round, after breaking the ATH everybody thinks it's bull market. 2020 can be a good example. We went to 10k - nah bear market rally like in 2019, 12k - nah it's going to be like in 2019, 13,5k - I better sell soon before it ends up like 2019, then it finally broke into 18k territory and everyone was like - take my money, it's bull market and we went straight from 19k to 41k.
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What does $1 even buy these days? Maybe get a couple of carrots if you're lucky?
What about the famous (or infamous if you're a food purist or a vegan) Big Mac. In 1970 you had to cough up just $0.46 to get one. In the 80s, $1.60 In 2004, $2.90 In 2020 the price reached $4.95
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Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line.
to me, it looks like a publicity stunt. However, as someone else had posted on twitter...if btc rises 4% and he has 1000coins in total, then his bet is fully covered. js Or 4% per day for 90 days is 1MM per coin. That's true. Very similar to what Arthur Hayes did last week predicting 1 million. There's also this Ryan Selkis who claims we'll go to 100k this year https://twitter.com/twobitidiot/status/1636547059313516545?s=20And on the other side of the spectrum we have Gareth Soloway who kept repeating his 10k bitcoin prediction last year. The guy was interviewed 4 days ago when bitcoin was at 25k and again said that we're going to 12k this year... Link below if anybody's interested. https://www.youtube.com/watch?v=YhW-g8jFpoM&lc=UgzsFkZ55I6tYKmESWh4AaABAg
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It's been a crazy weekend: Former coinbase CTO bet 2 million USD that bitcoin will hit 1 million in June. A very McAfee like bet, but at least it looks like he's really ready to put money on the line. PlanB came back to posting bullishness on twitter. Credit Suisse got bought “This is a commercial solution and not a bailout,” said Karin Keller-Sutter, the Swiss finance minister, in a press conference Sunday. When you call a duck a swan doesn't change it into one. It even rhymes!
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The next two hours we should break the $25,00 resistance! For the 2nd time in a couple of weeks. I think we might push on from here without dropping back down we might finally be able to challenge the $30,000 price. We just need more banks to fail in the next couple of days and it should continue rising. I do not know why multiple banks are failing in the same week but I hope it continues for the price of Bitcoin!
Really? It broke 25000 5 hours ago. It also broke it yesterday and the day before. Looking at bitfinex right now: 26529 on March 14, 25324 March 15, 25102 today. Going above 25 is easy. Staying there for more than a day is the hard part Pretty good job by that Russian fighter pilot. Like a reverse Top Gun Maverick. He was good up until the moment he got to close and clipped his rotor.
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Withdraw your money from banks to your home, store it in a security vault.
That's taking it into extremes. We don't need to go all the way with this. Make sure most of your money is secured somewhere like in a bank deposit box, since those aren't counted into bank's liabilities and as far as I know cannot be taken away in case of bankruptcy. I have some money on my account. It's less than 10% of all that I have, but I do it because it's convenient. If I had all my money at home in a vault, every time there's a bill to pay I'd have to drive to a nearest post office to pay it. The current system doesn't give you many options. You can say you won't use the bank but you'll either have to use another service like paypal or pay additional fees at the post office and waste your time and money getting there.
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Credit Suisse, founded in 1856, has faced a string of scandals in recent years, including money laundering charges and other issues. If you print money, you go to jail for 20 years, unless you're the central bank. If you threaten people and blackmail them, you go to jail, unless you're a bank or a politician. If you make mistakes and go bankrupt, you lose the business, unless you're a bank. If you launder money, you go to jail, unless you're a bank. We could go on and on with this. I would have been a millionaire now if I had not sold most of my portfolio last year when the BTC price was only at 10k - 12k.
Another proof how big problems can become small in time and small ones big. The guy had to become a millionaire eventually after laundering billions of dollars. Then he lost his freedom...
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Current number of post (Including this one): 6224 Rank: Sr. Member bech32 address: bc1qv3zsfxyr5q9qj0e6k5ynedtymhmd5nt9w2stch Merit earned in the last 120 days: 33
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The interest bet placed by SVB was likely an act of extreme stupidity or
financial sabatoge.
The financial decisions by SBF were either extreme stupidity or financial sabatoge.
pattern does not look good.
Ellison - why would anyone need a stop loss? Also, trading on drugs is a great idea! SBF - I'll trust my ex girlfriend with trading. She's weird and often high, but who cares. Fuel my yacht, we're going places! SVB - Send this guy a billion dollars, he's a genius. He can run a billion dollar company while playing LoL. Powell - Let's keep printing boys! We're in the best economy in the history of the US. Warren - inflation? banks are failing? Blame it all on those crypto people!
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CNBC The share price rout renewed a broader sell-off among European lenders, which were already facing significant market turmoil as a result of the Silicon Valley Bank fallout. Some of the biggest decliners included France’s Societe Generale, Spain’s Banco de Sabadell and Germany’s Commerzbank Several Italian banks on Wednesday were also subject to automatic trading stoppages, including UniCredit, FinecoBank and Monte dei Paschi Credit Suisse’s largest investor, Saudi National Bank, said it could not provide the Swiss bank with any further financial assistance
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It’s almost as if maybe this wasn’t the most legal service and perhaps it’s participants were advertising illegal money laundering services for profit. I wonder what sort of punishment one thinks is fair for promoting illegal money laundering schemes? My guess is those doing so will play victims and attack anyone who brings up their promotion of illegal activities for profits.
Depends how you see it. Usually something as trivial as wearing a signature doesn't make you involved in the activity. If it was the way you're saying you could prosecute every single TV station and newspaper because all of them promoted a failed business at some point in their existence. CNBC should go down for promoting FTX, Coindesk and other crypto news sites promoted altcoin scams that imploded some time later. I hope the business moves to different servers under different jurisdiction and keeps going the way torrent sites do.
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You're complaining about being scammed by someone with negative trust who is involved in account farming and trading?
It's like going to a gang chop shop to buy a car and complaining that the police arrested you for driving a stolen car. Oh, those dirty scammers, I wanted a cheap car so much!
This is not a valid analogy. You think? I bet I could find people in this thread who think otherwise Accounts and trading are not forbidden by the rules. Consequently, they are not banned and the topics are not closed. This is a gray area.
I sae this as a red area, red, like the trust of that seller and one that you'd get on that bought account sooner or later. I understand that. But scam is no longer a gray area. Such people need to be banned and topics closed.
I have a similar opinion about both, buyers and sellers. Especially the ones trading in trusted accounts.
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You're complaining about being scammed by someone with negative trust who is involved in account farming and trading?
It's like going to a gang chop shop to buy a car and complaining that the police arrested you for driving a stolen car. Oh, those dirty scammers, I wanted a cheap car so much!
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Wrong lifestyle, wrong mindset, lack of opportunities, negative consequences from early childhood, traumas, depression, toxic environment, low self-esteem, physical disabilities... There are many different possibilities on why someone stays poor and each case has to be identified and studies particularly through observation techniques in order to reach the correct approach on how to revert the situation on the life of the individual, so he can finally start thriving in life.
Often fear is the main factor. A confident person will be fine with risking 30% of their money after doing some research. A scared person will keep adding money to their savings account, not taking much risk but also not getting anything in return. After 20 years the person taking risk will usually have a lot more money than someone who was saving 10% of their monthly paycheck for retirement with 5% inflation rate. The saver is going to be broke anyway but they don't understand it. The fearful never win in this world.
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I think that if the rule is one account per person and there's a solid proof that he had more than one account, even with the use of 2 different numbers, the casino should proceed with KYC of both accounts.
If the user cannot do KYC on both accounts or provides the same information for both, his accounts can be banned. He knew what he was doing when he registered the second account, right?
Of course I'm against taking player's money. His deposits should always be returned to him.
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Current number of post (Including this one): 6215 Rank: Sr. Member bech32 address: bc1qv3zsfxyr5q9qj0e6k5ynedtymhmd5nt9w2stch Merit earned in the last 120 days: 27
I'll take any available spot, thanks.
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Thank you for the last few weeks and hopefully see you in another campaign.
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I see this as very possible, as I referenced here based on 2019 fractal and rebound to 0.618 fib retracement level, which is at $48.5K for reference sake. Many see $30K as a realistic target for the year, many less see $50K as possible, but if $30K is broken to the upside then for me this would be the next target due to lack of resistance to the upside. It's also true, based on the article, that it might take longer to get to $100K levels than simply a 2025 bull market. It may be a slow grind to the upside from that point on. I feel like 50 would be a confirmed bull market. It's not going to happen before the halving unless we get some really positive news like a large country accepting bitcoin as currency, the way El Salvador did. I'm calm and confident here but I also try to be a realist. 30 000 this year would satisfy me in full and it's perfectly reachable by the end of the year. I think that we'll have some bearish bias, like we have right now, possibly go back to 20 000 again and then get a new rally in 2-3 months that will finally breach 25 000 and take us towards 30s. Don't expect much more this year with the US rates so high.
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