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1101  Economy / Speculation / Re: This bullish momentum - Breaking through the $35,000 mark on: November 12, 2023, 02:33:11 AM
Were they anticipating it or were they all surprised how those previous weeks turned out? I wonder if anybody actually anticipated that Bitcoin would leap more than $10,000 in just a month's time. That probably caught a lot by surprise. That wasn't normal. Despite Bitcoin's volatility, nobody would have anticipated that it would grow that much in so short a time. That notwithstanding the fact that an approval of a Bitcoin spot ETF by the SEC is not yet announced.
I think that whatever bitcoin market does, it will always surprise people no matter what, probably a smug few would say that they have expected the price to go that high but I don't buy that because they definitely just want to look like they are ahead of the curve. Sure they might have expected that bitcoin will go up since there's the ETF approval stuff but I still don't buy that people are expecting it. Now that you have given the actual figure, I would say that it's a lot of growth. I guess we should be safe to assume or expect that bitcoin's going to be going at more than 40k USD in December?
1102  Economy / Speculation / Re: Buy every dip! on: November 12, 2023, 02:03:49 AM
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It's all about buying low and selling high, that is what investing in Crypto market is, you must follow the market prepare funds when there is a dip and set up a plan on what price you are going to sell it, sometimes it takes a lot of time or a long wait before you can sell, but it's worth it as long as the coin you are holding is good you just have to be patient and wait for the right time to sell.
That can't work all the time although it's the best ever, sometimes the price of bitcoin just continues to go up and you have the funds to buy, DCA can help you in that so you don't end up having to wait for months or years and that money stagnating from inflation. We can't predict the market so it's for the best that we adapt our strategies or just make more money in our jobs and save more extra money so we always have money when the price of bitcoin is low.
1103  Economy / Speculation / Re: Could Bitcoin Hit $1 Million by 2026? Arthur Hayes Makes Exciting Forecast on: November 11, 2023, 09:55:14 AM
As much as we are an optimist I think that we still need to be grounded in reality so, bitcoin hasn't even crossed the 100k mark yet so it's unlikely that a million is a possibility during that time period, from what I can take from this is that we should continue buying and accumulating bitcoin because with that kind of forecast, who knows who's forecast is going to right and on the off chance that this becomes a reality, you don't want to be missing out on the potential profits that you could've taken so just take it with a grain of salt.
1104  Bitcoin / Project Development / Re: Join Bitlotte - The Ultimate Crypto Pool Management Platform! on: November 11, 2023, 08:59:38 AM
10% commission? that's a pretty high commission for a service like this. moreover your service has only been running for 2 months and cannot be trusted, it's quite funny to see a new service running like this and not yet trustworthy but charging high commission fees.
Definitely a too good to be true offer but they can still defend themselves about why they're giving that large of a commission quote. Although I am suspicious of this project itself and not in their commission, pool management would mean something like a wealth manager right? Someone that's managing multiple investments for different people isn't necessarily a suspicious thing since this is mostly done in fiat and you can see who's managing your money and investments so there's no risk of people running away with your money unlike with crypto where I assume that this is going to be entirely anonymous, the risk of giving the whole funds to one person or people affiliated in a group is going to increase exponentially since it will be easier to run away with the funds so to anyone that's trying this service, be careful and know that you're risking something.
1105  Bitcoin / Bitcoin Discussion / Re: Bitcoin and misinformation on: November 11, 2023, 08:08:48 AM
That's quite true, there is lot of misinformation about btc, even when myself learned about it for the first time, I thought it's some illegal thing, but I guess eventually one learns what reality is.
A lot of people are subjected to negative or misinformation about bitcoin because that's what sells the most for mainstream, misinformation and negativity. Can't blame people that experienced the same as you, in fact I admire you because people like you are in a way thinking for yourself and that people like you also decided to explore even though a lot of people around you are discouraging you from doing this, so to the people that are being too hard on themselves about the fact that they're once like that, don't be too hard because people like me admire you because that shows that there's character development. Now to what OP is concerned about, I think you not forcing them or being such a hard sell for bitcoin is the best route you can go to, you will know that the people that you're giving information about bitcoin are the people that will not easily fall prey to scams and such because they can think for themselves and they've decided to try it out for themselves out of the information that you've given.
1106  Bitcoin / Bitcoin Discussion / Re: How Would you Like Your Pension Paid in Bitcoin? on: November 11, 2023, 07:37:24 AM
Pension is like a remuneration paid after retirement thus it's a period to start enjoying the fruit of one's labour after working for several years, from my personal point of view it's not a good idea to have such payment in Bitcoin because at that age a pensioner suppose to live well while ignoring any form of earning or investing in Bitcoin and at the age there is also a limit on doing any form of complex stuffs that require full concentration like doing complex transactions instead at that age every form of transactions should be done with fiat, transfer and deposit of fund via USSD codes, using simple App etc considering the fact that old people tend forget things easily.
That reasoning might work but not all retirees are going to be senile or too stupid to work out basic computer things, in my opinion, I do think that it's a big factor that if you are working in computers at a young age and that you won't have any problems when you're old because there's just some muscle memory that's too difficult to remove even when you are old or you've stopped a long time, the familiarity won't easily go away. Regards to the question, wouldn't the agency or administration paying you in bitcoin would have a hard time doing it? Plus wouldn't your address not become anonymous anymore because they have to know who's bitcoin address they're going to send that bitcoin to so it's not really financial freedom of you to dream of having your pension paid in bitcoin right?
1107  Bitcoin / Bitcoin Discussion / Re: Refer to my previous topic: "Investing plan" on: November 11, 2023, 06:44:53 AM
I was collecting this 1500$ over months from my monthly incomes. And i wanna to put it on BTC all. Than i plan as mentioned above. I decided to invest that amount on Crypto than keeping it in cash or in banks because i think keeping money nothing gives back hope i am right.

Thanks for your suggestions.
That's nice that you've put it all in and then decided to do DCA with your investments that's the best strategy for you to be honest, but I have to remind you that you have to be prepared to pay a huge amount of transaction fees for when you plan invest more because right now the transaction fees are in insane amount and it's your best interest that you have to put some money for that unless you don't mind the lowest priority. Hope your bitcoin journey is going to be a joyful one and I wish you a strong will to survive the harsh bear seasons and price dumps that's yet to come and you have yet to experience, they'll test your will and if you're going to be able to keep on holding on to your bitcoins.
1108  Bitcoin / Bitcoin Discussion / Re: Whatever happens, hold on to your Bitcoin. on: November 10, 2023, 10:15:57 AM
I definitely will hold on to it, as they say, Bitcoin will change you more than you will change Bitcoin
And that change can be for better or for worse so watch out because people don't know if what change is happening to them is a good one or a bad one because they don't see anything wrong with so little self-awareness is the key, don't let bitcoin run your whole world as it's not the only beauty there is in the world. We also have to remember that while we are hodling bitcoin, it's also our duty to be smart as to when we are going to let go because there should be a time where you're going to need to take a profit from what you're hodling so set a price that you will be selling all that you're hodling, it don't matter how ridiculous that number is but you must adhere to that if it ever materializes, don't marry the bag.
1109  Bitcoin / Bitcoin Discussion / Re: What if some country decides to pay pension to working population in bitcoin ? on: November 10, 2023, 09:46:30 AM
Unless it is El Salvador it is an option, otherwise I do not believe that other countries give so much value to an asset that will be the one that can guarantee true financial freedom , governments will pay retirees and pensioners in fiat because they Know that it is their local money and that they do not care if it suffers inflation, they will not give bitcoin because bitcoin is more valuable than gold, they will not give such beautiful options to the population, the more they maintain that their people will not pay with valuable things the better Even though they were people who already contributed to their Countries , that doesn't matter to them at all, that's how it Works , that's what I've seen.
As much as I believe that that's the reason why the government isn't going to accept bitcoin as a means to pay pension for their people, I think your statement about subscribing or sticking to their local currency for payment is the main reason why they are doing that, I wouldn't really say that bitcoin's the key to true financial freedom for now, given that there's still no semblance of an actual global adoption then I guess we have to hold on to that dream that we might achieve that someday. To me, this kind of dilemma is easily solved if you just do the saving for pension yourself, with that kind of system then you will be able to achieve your dream of having your pension paid in bitcoin when you retire someday.
1110  Bitcoin / Bitcoin Discussion / Re: Angry at the high fees? That's what everyone predicted the future will be like! on: November 10, 2023, 09:04:27 AM
Yeah well, such fees will be stopping new people from getting into/using BTC as well, who want to pay $10 fees for a transaction? Lightning isn't widely adopted yet and not all exchanges support it, some like Binance recently added it's support but they require kyc.

High fees help with security and help miners feed their families is not worthy argument, imo.
That's only temporary as the fees will eventually subside and get to a point that you can easily move your transactions without worrying too much about the fees. In my opinion, this is actually a good thing for newbies because when they experience something like this that's totally defying their expectations on bitcoin, it might actually condition to not be easily brought down or panic when bear season starts. Finally someone said something about all of this fuzz about the high fees, people are getting the wrong idea that it's a bad thing for bitcoin and that this is like some kind of permanent thing.
1111  Bitcoin / Bitcoin Discussion / Re: Treating bitcoin as a teenager. on: November 10, 2023, 04:07:42 AM
The ones that expect too much from bitcoin and complain if they don't get what they expect are the new ones. I mean, they've entered bitcoin lately because of the hype. They joined it and invested in it, thinking that in an instant they could earn a lot from it, but it's not. That's why they are the ones that complain too much about bitcoin, but for those who're in bitcoin even at its lowest price, they understand a lot about bitcoin, like what the OP says's bitcoin still has a lot of potential in the future. Imagine that bitcoin is still strong after several years, indicating that bitcoin will still be strong and has the potential to grow. What I'm referring to is its technology; bitcoin can still be used in many things; we never know. That's why I don't listen to the people who complain too much about bitcoin, because I know they are the inpatient ones.
Can't blame them though, they've probably heard of bitcoin from people that have hyped it up and probably have told them that the returns in investing in bitcoin is probably pretty high and that they can multiply it in such a speed that they got into it out of fear of missing out on potential profits and then they get in and they end up getting paying the wrong price which is experiencing losses because they bought at the wrong time. Don't close too quickly your mind in regards to people who complain, you can always listen to them complain but always take their words with a grain of salt.
1112  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 10, 2023, 03:09:22 AM
When you hear or read people suggest to buy, it is because that's based on our experience that the price no matter what happens will eventually recover and rise.
This is what I don't get with some people that's exiting bitcoin when their current HODL valuation goes down, they want to cut losses when that's only a thing that you do when you are investing in any other cryptocurrency out there, whenever someone I knew that has invested in bitcoin has do this and try to justify that action, I just laugh at them because while they're cutting losses when the prices go down, I'm busy finding money to buy more bitcoins to increase what I currently have.
Now, those that are in the phase of regretting and didn't managed to maximize the situation especially during the bear market. The lesson is there and all you need to do is to think of what you can do right now with that.
Thank Satoshi, I don't have that regret/FOMO anymore because I've learned my lesson that when the price is on the red and it's continuing to go down, it's an opportunity to buy more bitcoins for a low price and get more value for what I have paid for and right now, I am sitting pretty on a huge amount so I'm not worried that I won't be able to buy more now.
1113  Bitcoin / Bitcoin Discussion / Re: Some of bitcoin's aim and purpose have been trampled upon on: November 10, 2023, 02:35:00 AM
Yes, it sucks, but always remember that Bitcoin is NOT a finished product (and maybe it will never be because there will always be something to improve upon). Bitcoin's rise in both price and usage is something that would probably surprise even Satoshi himself. Scalability will be improved. It's just a matter of 'when'.
I hope that 'when' is going to happen before bitcoin goes to my target price, I don't want to be paying myself about the chunk of what I hodl for selling it. Can we really blame that the network is going towards this way? Wasn't this kind of system of FCFS has been in existence for a long time now right? And this is the way to compensate miners for their effort now that bitcoin mining rewards are slowly reducing due to halving.
1114  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: November 08, 2023, 01:29:10 PM
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I think a lot of people are running out of contents that are concerning the gambling thread which will attract so many engagements from people in this forum and that's why they've now resorted to repetition of already discussed topics using different wordings. But I don't think it's the right thing to do because there's still so many things concerning gambling that are yet to be discussed and there are still other daily rising issues that are gambling related that can still be brought here for discussion.
Yeah, just like what you did you've just expanded what I've said and also I disagree that it's there's still a lot of things you can talk about when it comes to gambling because if there's more then people should be talking about it but no, it's all mostly stuff that has the same thought as the other posts that has the same theme and topic. Maybe the only stuff that can be continuously talked about are those daily stuff that you've mentioned like Sports News.
1115  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 08, 2023, 12:31:53 PM
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They just tend not to show that they are but for sure they’re nervous. They just have a stronger desire to win big time which pushes them to disregard the amount they are losing in every bet. It is normal to worry of your bets simply because that’s your money and you won’t be engaging it to this industry if you’re not aiming to make it bigger. Entertainment should be prioritized but we can never blame those who are here for money. If it is just entertainment then they could have engaged with other activities but since they’re here, there no other reason than to earn. Some are even having idea of becoming rich from winning bigtime someday which should be an enough validation that most of the people here are compensating their need to win than to enjoy the games they are playing.
Yes it's normal to worry about your money when you're gambling but if that's the only thing on your mind while gambling then you can't fully enjoy what you're playing because your mind is on a different plane and you're unlikely to concentrate when things like that are on your mind but I get that it's hard to do that especially if you're conscious on how you are spending your money and how you could've spend your money that you've used for gambling. I am not blaming them for why they gamble it's just that I'm concerned of their well-being where they take something so seriously.
1116  Economy / Gambling discussion / Re: Most you have ever lost in one session? on: November 08, 2023, 11:38:30 AM
Is there any way you can prove that OP, that's such a ridiculous amount of money for me so I really can't believe that someone can lose that amount of money, you can use Talkimg to post the picture and other people can just repost it so everyone can see it. For me though, I can't come close to what you've lost in gambling but in my perspective it's still a lot, somewhere around 1.5k USD but it's not a big deal at that time because I got a lot of money that time that I didn't even mind losing it but now, I regret having to go so deep like that because I always daydream about buying some stuff with those money if I still had that money, it's in the past now though and no sense dwelling on it too much.
1117  Economy / Gambling discussion / Re: What conditions might cause you to stop gambling? on: November 08, 2023, 10:06:50 AM
Financial incapability to gamble and loss of function to mu daily life. First is self explanatory, some might say a gambling addict would be seeking for ways just to gamble but in my case I’d probably stop; depends on your personality by the way. Another is loss of function; if I wouldn’t be able to interact with my friends, do chores, finish my tasks then this would be the time to stop. Of course it won’t be easy in such state but knowing myself I would do things to cope up with the situation. As much as possible never allow yourself to be in such debt before realization knocks on your head ‘coz that would be a different level of struggle.
If you're not a gambling addict, I think that it's pretty easy for you to stop gambling due to financial incapability to fund your habit if you're an addict then that's not going to stop you. Your second condition is pretty much a profound and sad one, losing connection with the friends because of your habit is depressing and I think it's depending on someone's personality and will if they'll be able to stop because if the incessant gambling is the cause of that 2nd condition then it's difficult to just simply move away from gambling.
1118  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: November 08, 2023, 07:35:32 AM
Another one of same repeated topics here in gambling section. I think a lot of users keep spamming this board with repeated topics.
I guess, they're running out of stuff to talk about so they just keep repeating the same thing and wording it in a different way so they can pump up their activities. Or there's a possibility that they're alts of some of the people in this forum and those people are running out of stuff to talk about in the Gambling Discussion so they have to take matters into their own hands or I am just being delusional and these people aren't alts but just ignorants that don't know that their topics are already a thing in the board.
1119  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: November 07, 2023, 09:28:10 PM
Most gambling games are tied to probability and other factors that's outside a player's control and I think that if you consider that fact, it's really difficult to grasp the idea that you can build a successful career in gambling but yes, you can be a successful one in this although you're still a gambler so in a way you're just a glorified and lucky gambling addict plus is the money that's promised really worth it? Wasting your time sitting on those tables, sipping and drinking complimentary drinks and many other things, I don't know about you guys but if given a choice, I wouldn't probably choose that path trying to make money because it's going to get boring really quickly but that's just my take on building a successful gambling career, yiu can probably make a living being a billiards hustler but that's only going to take you so far.
1120  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 07, 2023, 08:58:23 PM
I'm not much of a gambler myself but I can tell you that whenever I gamble, I always observe that a lot of players in that places are in a way not worried about the money they're losing probably because they're rich or they just don't want to be bitter about losing their money, my point here is that you're better off not worrying about what you're betting or how much you're losing because it takes away the fun out of gambling, like any other games out there that's not even gambling, it's important to have fun then the next priority is winning.
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