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Showing 20 of 5,249 results by Ultegra134
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Board Bitcoin Discussion
Re: Don't Cap Bitcoin: The Game Never Ends
by
Ultegra134
on 23/07/2025, 23:10:45 UTC
That's not how the world works. The government does what the rich people want. If they own a lot of Bitcoin and have businesses that operate because of Bitcoin, then it is not going anywhere. Understanding how the world works is being down to earth, everything else is FUD.
I agree, but we need to acknowledge all possible scenarios. What tou mentioned is true, until it isn't. There's nothing certain, and I'm nkt referring only to Bitcoin, but in general. This isn't an attempt to spread FUD, but to understand that there's always two sides of the same coin; what might apply now might not in 5 or 10 years from now.

I'm not pessimistic about Bitcoin, quite the opposite, I'm just trying to be prepared for both scenarios, but the negative one is one we're never truly prepared in any case.


[/quote]
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Board Gambling
Re: Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC
by
Ultegra134
on 23/07/2025, 21:38:46 UTC
Also one of the attractive things about BetPanda is that it advertises it self as an anonymous no-kyc casino. Therefore, a user should not have to worry about
sending any documents when registering, and should just keep on playing. Furthermore, it says that it is VPN-friendly, meaning that it can be accessed
from any geographical location. Pease someone correct me if I am wrong, I am not sure what happens if a high roller asks for a withdrawal, is it also NO-KYC?
The TOS clearly states that KYC may be asked at any time. On the one hand, it defies the term anonymous as misleading, but I'm believing that it's stated because KYC isn't asked directly and may never be asked, and due to allowing VPNs, something that isn't offered by all casinos. Thus, my suggestion is that if you don't have something to be afraid of, such as abusing a bug or a false identity, you have nothing to be scared of in case you are asked to submit KYC.
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Topic
Board Speculation
Re: Is BTC to 150K still happening this year?
by
Ultegra134
on 21/07/2025, 23:38:12 UTC
Sure we all want that to happen but I don't think we can get there that quickly. Bitcoin just hit $123k last week, and everything takes time. We cannot expect Bitcoin to keep going up forever without any correction and accumulation.

Bitcoin needs to correct and consolidate before it can move higher and it seems that its dominance is also decreasing to make way for altcoins. So, I predict that the best case scenario is that Bitcoin will continue to rise in early August and along with it, it will pull the entire market into the biggest bullish wave that everyone has been waiting for a long time.
I also believe it seems too fast to become a reality, just yet. Bitcoin quickly climbed in value, I don't think we're ready yet to cross another ATH. It is also quite possible we won't see another one throughout 2025, but positive thinking as we have more than 4 months left for the year to end, another ATH might happen at any time.
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Board Bitcoin Discussion
Re: Is KuCoin a scam? Destructive reviews on trustpilot
by
Ultegra134
on 21/07/2025, 22:35:57 UTC
Kucoin was one of the first exchanges I used, but didn't stick to it for whatever reason I can't remember and isn't too relevant at this point. These platforms aren't restaurants to leave a positive review like you'd do on Google Maps, usually the negative reviews derive from dissatisfied users. For instance, I had been using Binance and Bitstamp for quite a few years with zero complaints, but never bothered to write a positive review about them.

Check other exchanges' reviews as well, Binance has a crap score on Trustpilot as well.
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Topic
Board Gambling
Re: Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC
by
Ultegra134
on 21/07/2025, 21:42:07 UTC
As much as I do hate rendering my information at the mercy of the casinos I use for gamble, I have have as well come to that point where I have made this understanding with myself that there are no casinos that are absolutely decentralised irrespective of what they might preach on their site. If they didn't request from the onset then it will just be a matter of when... Because they will at a certain point do. For those that leaves their money  maybe it wasn't a jackpot win.
It's pretty much inevitable to avoid KYC altogether, if you take into account how many platforms have our details, casinos should be the list of our worries. However, that doesn't mean we shouldn't try to avoid it when possible. I've personally submitted KYC, BetPanda didn't ask for it initially, but I preferred to be done with it as it would ask me eventually. I've heard that there are decentralised options, but I've never bothered to investigate them.
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Topic
Board Bitcoin Discussion
Re: Don't Cap Bitcoin: The Game Never Ends
by
Ultegra134
on 21/07/2025, 20:52:23 UTC
We still need to believe and base it all on facts presented - I don't see it as highly likely to crash, and if it happens - well, then the rest of the market will be dead  Cheesy
That's true, if Bitcoin goes, it will drag all the other cryptocurrencies with it. It'll be the end of a great era, but let's hope nothing like this happens.
People are overestimating the chance of failure now. As more traditional interests get aligned with Bitcoin, they are not going to let something like that happen. They have the money, connections and infrastructure to prevent something like that from happening. In any case, a crash sub $10,000 would wipe out all altcoins with it too as you say.
I get what you're saying, but never say never, as much as it's possible for bitcoin to surpass $500,000 or even more, it's as possible for it to fall crashing down. Who knows, 5 years from now governments could start fighting cryptocurrencies.

Don't get me wrong, I'm not trying to he pessimistic, but I want to be as down-to-earth as possible.
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Topic
Board Bitcoin Discussion
Re: Don't Cap Bitcoin: The Game Never Ends
by
Ultegra134
on 21/07/2025, 18:06:59 UTC
I think it will, though surely, it's all speculations and thoughts regarding of what - may - happen.

BTC has no cap, as its the future, and the future is limitless Grin
There's also (almost) no limit on how low it can go, there are indefinite numbers before $0. As phillipma1957 had once said, Bitcoin will either reach $1M or crash below $10,000, and this is what I also support. It'll either go extremely well, or extremely poor, there's no in-between. This is the main reason I'm concerned and I appear modest when making predictions or any kind of speculations. The risk is quite great, because the amount I've currently accumulated is quite reasonable to end up zero.
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Topic
Board Speculation
Re: Will Bitcoin Hit $500k before the end of the decade as predicted by Jeremie Davi
by
Ultegra134
on 21/07/2025, 15:23:14 UTC
People are too optimistic and forget that the more mature and bigger bitcoin gets, the slower its growth. It will not be able to increase exponentially x3, x5 like previous cycles.

Like the current cycle, although the bull season is not over yet, but if we compare it to the 2021 peak of $69k. Bitcoin hasn't even doubled yet, let alone bigger goals like x3 or x5.

If this bull run ends and Bitcoin hits all-time high of $150k, I doubt Bitcoin can hit $300k in the next cycle, let alone $500k.
I agree, I'm seeing extravagant predictions that I'm having a hard time believing they'll ever be fulfilled. $200,000 which is a quite popular speculation is almost double the current price, this price change won't happen anytime soon, but it is possible throughout the next 5 years; it's still however a great price difference. Imagine that for $500,000 or up to $1M that some people sre saying. The current market cap is at $2.3T, a simple X2 in value is almost at $5T market cap.

Anywhere between $200,000 and $270,000 might be a more realistic target for the next bull market period, in approximately 4 years.
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Topic
Board Bitcoin Discussion
Re: Don't Cap Bitcoin: The Game Never Ends
by
Ultegra134
on 21/07/2025, 12:49:31 UTC
They are not limiting the price but rather just speculating the price of bitcoin. A lot of people into bitcoin are here for the profit so if bitcoin reaches a million in value it will mean a lot for them in terms of profit.
That's what I was about to say, while we're also speculating its price based on a specific timeline; $150,000 till the end of the year etc. Although I understand the OP's perspective, it's also wise to set realistic expectations. Bitcoin's supply is limited indeed, however, there are over 14 million coins in circulation, taking into account those that have been lost forever; it's not exactly rare.

With that being said, speculating $1M in value is in a way, capping Bitcoin's capabilities, it's also a scenario we can't be certain it'll ever happen as well.
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Board Bitcoin Discussion
Re: Safely storing bitcoins
by
Ultegra134
on 21/07/2025, 02:21:13 UTC
I've been hearing about quantum computers since the early days of the market and I'm just as skeptical and concerned as you, OP.

But you know what, after all these years, bitcoin continues to grow and become popular globally with the recognition of many organizations, companies and especially governments. Bitcoin has become a mainstream asset and could compete with assets like gold and stocks, but the threat from quantum computers remains just a rumor.

There is no real threat and it is all just rumors, so don't worry too much.
On the one hand, it's comforting to believe that it's all rumors and nothing is going to change, but on the other hand, technology progresses extremely fast, so what might be currently true, might change in the near future. Look at the advance of AI, just within a year or two after it became mainstream, you can barely notice the difference between AI and real life in some cases.

My point is that the IT sector advances extremely quick, can we be sure that something similar won't happen with quantum computing? That's my main concern.
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Topic
Board Gambling
Re: Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC
by
Ultegra134
on 20/07/2025, 20:40:16 UTC
I have one regular practice, and that is to always hand out my kyc documents for verifications immediately after my account creations, this help me to overcome alot of stress along the way since i dont know which casino i have the luck of hitting my first 1000x multiplier that make me the jackpots winner and want to withdraw on $100Ks without problems.

So for sure anyone can do that as long as you have nothing to hide and you trust the casino, making sure you give your documents to only reputable casinos, this will definitely make alot of sense solving all this KYC issue's.
As others also suggested, that's a huge no. What if it's a new casino, or isn't trusted, or who knows that else? If they want to scam you out of your winnings, they'll do it whether you submit KYC beforehand or not. I personally wouldn't be comfortable doing it. What if you don't end up liking the casino? You've submitted your KYC documents, and it can't be changed, nor will your data be deleted. The majority of cryptocurrency casinos do not require it straight-up from sign-up, thus, there's no reason to submit them immediately.
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Topic
Board Gambling discussion
Re: How quickly do you forget a loss
by
Ultegra134
on 20/07/2025, 19:17:11 UTC
I had a few major losses in the past Greek Super League that were quite painful. However, I can't keep dwelling on the past, and move forward pretty quick. Depending on the amount of the bet, I'm usually pissed off from a few minutes, to a few hours at most. It's safe to claim that by the start of the following day, I barely mention it and it doesn't affect me, I continue my day without allowing it to bother me. If it's something that bothers you, you either cannot stand the weight of gambling or you're risking more money than you can afford to lose.
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Board Speculation
Re: Will this stack make me a USD millionaire?
by
Ultegra134
on 20/07/2025, 17:59:41 UTC
Hey guys,

so I have been stacking the past years, and to be honest, mainly focused on BTC and some ETH.


How much BTC and ETH would you think you need, in order to have a FUTURE (next years?) 1 million allocation to crypto's bluechips BTC and ETH while keeping the ratio 1:10, meaning 1 BTC and 10 ETH, 2 BTC and 20 ETH and so on
For example I think
By end of 2025 with 7 BTC and 70 ETH you will have a one million USD exposure to crypto

What are your thoughts?


 Cool not end of 2025 but almost got it right  Grin
Well, you were quite close, only out by $100,000. 7 BTC, with a current value of approximately $120,000 each equals to $840,000, which by itself is close to $1 million, while 70 ETH, valued at $3,750 each, equals to around $265,000, so judging by that, you were quite close; only a 10% deviation. My question now is, is this subject to change till the end of the year? So far, you've been quite accurate, but we still have more than 5 months left for 2025, perhaps your calculations will be wrong by then  Wink.
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Topic
Board Speculation
Re: Will Bitcoin Hit $500k before the end of the decade as predicted by Jeremie Davi
by
Ultegra134
on 20/07/2025, 16:26:15 UTC
We're in a bull run and higher speculations are normally coming out at these times. But I admire those people like him that have always been bullish to Bitcoin ever since. So, $500k in a decade or for two cycles is possible IMHO. We want to see how high Bitcoin can reach for the last decade but let's just give an example of how much Bitcoin was a decade ago, so 2015 started the year with $200-$300 price and now look how much it is just in a decade. So that multiplier that Bitcoin has got is certainly a lot and we might see $500k possible although the multiplier should only get around 4.5x - 5x, might be not that much but with the expensive pricing, it will take time.
We're currently in a bull market but according to the 4 year cycles, 2025 is the last year of the bull market. Thus, by 2030, after undergoing another bearish cycle, we'll enter the bull market once again. Thus, it's quite possible we'll see a new ATH by then, however, $500,000 is more than 4 times the current Bitcoin's price, something which I'm not too convinced that it's possible so soon. A target of $250,000 to $300,000 seems more realistic if you ask me.
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Topic
Board Gambling discussion
Re: Drinking vs Gambling
by
Ultegra134
on 19/07/2025, 21:26:42 UTC
And we have not even talked about the fact that most addicted alcoholics are also gamblers as well, I don't know if it's the same in other cities but over here in my city, it's hard to come across a person who is addicted to alcohol that is not a gambler, so lets just say that gambling is something that goes hand in hand with drinking alcohol.

Casino ads are every where like you said though in some countries where gambling is banned, casino ads may be limited which is very understandable, but for other countries where both gambling and alcohol intake are legal, casino ads are seen as much as alcohol ads are seen.
It's true, these two often go hand in hand. However, what the OP is describing is basic common sense, one is clear endangerment not only to yourself, but others, while gambling is about yourself (but usually also involves others but that's another story). According to an article I read on ScienceDirect, alcoholics are at a much greater risk of developing a gambling disorder. This is due to the effect these addictions/behaviours have to the brain, activating similar "rewards" that lead to compulsive behaviours. Alcohol soothes you, while gambling on the other hand provides an adrenaline rush, feelings that someone who's mentally unwell crave.
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Board Gambling discussion
Re: Visited physical casinos to have real life experience and guess what?
by
Ultegra134
on 19/07/2025, 20:06:02 UTC
Hopefully, you had a good time, even though you didn't end up winning. I personally haven't visited a physical casino, there isn't one where I live, and even if there was, I'm not sure if I'd visit it. On the one hand, it might be a nice experience, but on the other hand, they feel more "rigged" from online casinos. I haven't been in one, but from what I've read on the internet and what friends who have visited have told me, you easily lose track of time (and money) and feels more deceptive than online casinos.
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Board Economics
Re: Housing is no longer a goal for the next generation
by
Ultegra134
on 19/07/2025, 17:04:48 UTC
It sounds a bit harsh but I agree with you, this is serious ignorance. Real estate prices have increased significantly in recent years mainly due to currency devaluation, supply-demand imbalance, high demand while real estate supply is limited. At the same time, inflation is making life more and more difficult for people, with many struggling to even afford basic daily meals. Therefore, owning a house has become a luxury, even if they save their whole life they can never own it.

This is why owning a home/property is becoming a luxury and expensive these days.
Thank you! It's pure ignorance, as shown by the graph you posted, housing prices have tremendously increased, while the average wage has merely increased, thus, it's almost impossible to purchase a house nowadays, unless you inherit one from your parents etc.
Look, even it's more difficult, it doesn't mean impossible.

The new generation make it like impossible because they can't save much money, the old generation can maintain their lifestyle like the first time they work in low income jobs but the new generation aren't.

The old generation was easier to earn money from jobs, but they're difficult to invest their money.
The new generation is harder to earn money from jobs, but they're easier to invest their money.

Just searching on google and we can invest in any assets we want, if they invest all in Bitcoin, the new generation can outperform the old generation.
It is not impossible, but I'm not buying the excuse the previous user said, that it's because our generation is buying expensive coffees and is being irresponsible. Some of us may be, that's true, but you can't put us all in one basket and claim that this is the reason we're not aiming at buying a house anymore.

Old generations could easily buy a house just by working a job, nowadays you need to be making serious cash in order to afford one.
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Board Speculation
Re: Will Bitcoin Hit $500k before the end of the decade as predicted by Jeremie Davi
by
Ultegra134
on 19/07/2025, 15:51:23 UTC
Pullback? We're at 120k, that was no pullback at all. Bitcoin used to correct at least 10% after an ATH and now it moves down by 3% and people scream pullback Cheesy

I feel like it can easily do $500k. You can find analysts talking about how little fiat is needed to move the price and it really takes just something like 1b $. Imagine that at many exchanges the total daily volume is just less than 1b USD, so that amount used for a single buy order can completely drain sellers and start a liquidation cascade. 1b USD is literally nothing when you compare that to how much billionaires can invest. For instance Bezos is worth 240b, so for these people to spend 500m or something on a thing they want is very doable. Any billionaire from the top 100 list could take bitcoin to 200k USD tomorrow.
I know right, I've been seeing people here talking about pullback, and I'm asking myself if they're serious. How is a 2.5% fall a pullback? It's a minor correction at most, after surpassing the previous ATH. I don't understand why some people get discouraged after dropping from $123,000 to $117,000 - $119,000. Bitcoun is currently at its highest levels, yet, some are discussing about bear market, others about a major crash etc.

I don't know who this so-called analyst is, I don't really observe what others are saying, but I believe that it's almost impossible to end up with an accurate speculation for something that is so far away.
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Board Economics
Re: Housing is no longer a goal for the next generation
by
Ultegra134
on 19/07/2025, 04:43:36 UTC
It's because young generations like to spend money.

They buy a cup of coffee from popular cafe instead of make their own coffee, they could save 80% from that.
They like buying or doing anything for "self reward", like eating in fancy restaurants etc.
Men who have girlfriend act like they're a husband, whenever they go out, men provide everything.

If they cut all of them and choose to invest, they can buy house. The past and now are same, it just people now want to live by following the society.
Are you joking? Real estate prices have skyrocketed compared to previous generations. Things have worsen a lot the past 10 years as well, while short term rentals have also affected the market. Yet, you're blaming the new generation for buying coffee instead of making it on their own as an excuse for not being able to afford a home. This is pure ignorance.

I don't know where you're from, but in the U.S. a house that costed $200,000 a decade or two ago, now may cost up to one million dollars. The same applies in many European countries as well.
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Topic
Board Economics
Re: BYD - the new Evergrande, but in the automotive market ?
by
Ultegra134
on 18/07/2025, 21:09:17 UTC
It is a large problem for a lot of car dealers all over the world.

More people want something affordable that works well. So high profit margin cars do not have the demand they once had.

Many just want a decent car that does not break and does not use a lot of fuel.
BYD cars have recently entered the European market, it's only a few years now that they entered the Greek market and it's quite booming if you ask me, I keep stumbling upon quite a few the past few months, for a company that's that new in the market. BYD is a huge manufacturer, and if I'm not mistaken, it's the leading manufacturer in EV vehicles. So far, BYD is delivering what consumers are requesting, affordable, stylish cars, rendering EV's a lot more approachable in the general public. We're yet to see their reliability, as they're quite new in the market, this will only be demonstrated in a few years.