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Board Speculation
Merits 8 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 09/09/2025, 16:17:50 UTC
⭐ Merited by El duderino_ (5) ,vapourminer (1) ,JayJuanGee (1) ,OgNasty (1)
It's my personal opinion that saving something for later age is of no use, if it's done at the cost of compromising your present life style. It's also important to maintain a balance between your selling and saving. Don't sell just for luxuries but for necessities.

This is likely going to be a mindset that will continue to cause you to sell too many bitcoin too soon, even though of course, you are free to do whatever you like.

Bitcoin happens to be amongst the best, if not the best, of investments known to man, and you treat it as a means to generate short-term profits rather than figuring out ways to plan long term with it is likely going to either delay or prevent your ability to ever reach actual fuck you status..

But, sure, no problem.

You have to figure out your own way and figure out how to balance (like you said) your long term and/or short term "necessities."

By the way, deferred gratification does not need to be a suffering kind of path forward, and surely many of us have come to realize various ways in which we continue to upgrade our lives because of bitcoin and prior to actually reaching fuck you status.

I agree that Bitcoin is one of the best investments known to man.

There are ways you can use your Bitcoin investment to benefit you in other area of life. Like I installed an 11 KW solar system in my house and for last 4 months I haven't paid any electricity bill while using great amount of electricity in summers. This saving of electricity bill can help you in accumulating more Bitcoins while at the same giving comfort to your personal life.
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Board Bitcoin Discussion
Re: The two most important properties of Bitcoin
by
WatChe
on 09/09/2025, 16:09:47 UTC
I think you mean Bitcoin is portable, whereas Gold is not. That's one of the key advantages of Bitcoin. You can store it within the smallest medium possible, hidden in plain sight. Millions, if not, billions of dollars can be moved anywhere in a safe and discreet way. You can't do that with Gold. Carrying bulky bars and/or Gold coins will bring unwanted attention.

Not only Bitcoin is portable, but its supply is predictable too. No one knows how much Gold is in existence, but everybody knows there will only be 21m Bitcoins. This predictability should make BTC even scarcer and more desirable than Gold. With "Wall Street" quickly flocking to Bitcoin, you can see what the craze is all about. I'd keep buying BTC regardless of price to build true, generational wealth.

The limited supply of Bitcoin makes it one of the most ideal asset to invest because with time it's supply will increase in a controlled manner until we have 21 million Bitcoin generated. So as demand of Bitcoin goes high with time, it's supply won't go up in that manner. Current price of 110k is mainly because apart from individual investors now we have institutes that are investing in Bitcoin that's why demand has gone high while supply is limited. 
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Board Trading Discussion
Re: What is influencing the growth in the number of traders?
by
WatChe
on 09/09/2025, 16:01:23 UTC
There's a saying "the more you look, the less you see" but it's not that effective in this context but similar because in trading you put up high hopes to attain something profitable, however you are risking to get what you want but sometimes it doesn't give you the outcome you prefer or predict that's why it's necessary to trade wisely.

Number of traders are increasing but that doesn't mean they all are successful. Trading is not any thing to handle and those who just start trading with mindset that they will become rich in few days are the one who bear heavy loses. I don't say that trading is like gambling but majority of people who start trading, ended up in loss and that's something similar to gambling. It's a risky thing and one need to plan how to minimise risk associated with it before starting it.
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Board Gambling discussion
Re: T20 and T20I cricket prediction and discussion
by
WatChe
on 09/09/2025, 12:08:25 UTC
Asia Cup is on our door step and starts today September 9 2025 in UAE. As we know that tournament is T20 event with eight teams split into two groups like @HelliumZ already mentioned it. Group A has India, Pakistan, Oman and UAE and in Group B has Afghanistan, Bangladesh, Hong Kong and Sri Lanka. Most exciting match will be between India and Pakistan on September 14. All teams will be working hard to win their games and move on to next round before final match on September 28.

India no doubt is favorite for this cup but who will play final along with India is still not clear. Afghanistan is also in good form and has won T20I match against Pakistan in recent tri series. Sri Lanka and Bangladesh are also good contender for the final. It's good to see so many teams playing Asia Cup and new teams cricket will improve as they play cricket against top sides. In future we might see tough competition in Asia Cup as teams performances will improve.
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Board Bitcoin Discussion
Re: Do you consider bitcoin as a currency or as a digital investment asset
by
WatChe
on 08/09/2025, 03:38:22 UTC
I believe bitcoin is created to be used as a currency, but I don’t think the government is open about that. It’s rare to see shops and stores in my country who accept bitcoin as a payment system. Therefore, it’s not surprising why majority fall on seeing bitcoin as an investment asset, and add to that wherein its value is always on the rise, then hodling bitcoin creates more essence having it as an investment. People resort to fiat when spending, while they continue to save bitcoin.

Why merchants are not comfortable with Bitcoin is because of its volatile nature. Business need stable currency for there operations and Bitcoin right now is not providing this feature. The core concept of Bitcoin is P2P electronic cash transfer which means it's a medium to exchange value but over the years we have seen real benefit is in hodling Bitcoin for long duration. That's also one reason people are not willing to use it for daily living. For Bitcoin lovers, fiat is preferred choice for payments while Bitcoin is an asset of investment.
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Board Gambling discussion
Re: T20 and T20I cricket prediction and discussion
by
WatChe
on 08/09/2025, 03:31:11 UTC
The tri-nation final between Pakistan, United Arab Emirates, and Afghanistan saw an uneven match between the two teams, where Afghanistan were bowled out for 66 runs, chasing a target of 142 runs, and lost by 75 runs. Sadiqullah Atal and Rashid Khan both managed to touch double figures, while none of the other batsmen managed to score any significant runs. Meanwhile, Pakistani bowler Mohammad Nawaz completely destroyed Afghanistan by taking five wickets. Finals are enjoyable when they are competitive, which we didn't see in this match, where a team being all out for 66 against a target of 142 and losing by 75 runs can never be enjoyable.

Afghanistan is a strong T20 side and everyone was expecting a good competition in the final but things went just one sided. Afghanistan bowlers did good work to restrict Pakistan to 141 but when Afghanistan came out to bat there batting collapsed due to Muhammad Nawaz bowling. Nawaz got 5 wickets and gave away just 19 runs in his 4 overs. The whole Afghanistan team got out on 66 runs beacuse none of there batsmen was able to stay on pitch and score runs.
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Board Trading Discussion
Re: Al little experiment, what is better - hodling or trading ?
by
WatChe
on 07/09/2025, 15:29:28 UTC
Between holding and trading, I prefer holding, but you have to keep in mind whether you are going to trade short term or long term, if you are interested in trading long term then holding is better for you. Since I know about the risk of trading and there is a fear of losing money, I will not trade but hold. If I hold, it will be good for me in the future. I know that to trade I have to analyze and have knowledge about it, many times it is seen that despite having knowledge I can lose money. So I will say that I will invest for long term and when the market is good I will get good profit, I think it will be very good for me, so I will hold.

To find a clear cut answer about which option is better between trading or hodling, we have to see Bitcoin price chart. It's now very clear that price of Bitcoin goes exponentially up with time. If we have bought Bitcoin under 20k in Dec 2022 and HODL till start of this year then one can get a 5x return in less then three years. No bank or any other scheme gives that much profit in such short duration. If you go for short term trading then you might get profit but it's nothing compared to profit you get on long term investment. 
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Board Economics
Re: Some day gas and crude oil will be a thing of the past
by
WatChe
on 07/09/2025, 15:19:53 UTC
I like when you said "replacing oil and gas is not as easy as some people think" oil and gas is still very important infact it's plays an important role in human existence since it's a mineral resource however instead of replacing it totally there would be alternatives for instance there's fiat and there's Bitcoin, Bitcoin won't completely replace fiat but would serve as an alternative, that's how it would be concerning oil and gas and other energy resources in the future. That's why not everyone is buying the idea of electric cars currently cause they still believe that petroleum powered vehicles are still very useful, maybe in the future their use case would be minimal but they won't be completely eliminated.

For now fuel powered cars are considered more efficient compared to electric cars. But with time as more electric cars are produced which addresses the problems of electric cars previously manufactured, they will also be considered efficient. In start every new technology and invention has shortcoming that is fixed with time. Just compare computers we have in early 2000s to present straight of the art computers. Oil and gas still has it's importance specially in developing countries, which rely on it as fuel to run industries, vehicles and power houses.       
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Board Bitcoin Discussion
Re: Will banks One day accept Bitcoin deposit?
by
WatChe
on 07/09/2025, 15:08:57 UTC
I think that after all the regulatory bills are passed, then everything will be possible. But I also think that there will be no point in this, because the interest on the deposit will be so low that it will be pointless. In addition, this will mean that your coins are not with you but under the control of the bank, which contradicts the philosophy of Bitcoin and completely goes under the control of banks. I do not think that this is good and that it is worth doing, I would rather control my Bitcoin myself and know that no one can block my coins or do anything else with them without my consent.

To answer the OP question, it's very important to first understand what Bitcoin is and how it differs from fiat currency used in banking system or how banking system works. The core concept of Banking system is to control and manipulate the financial system of any country while Bitcoin differs from it as it gives the financial control in the hand of owner. I have said that so many times that Banks have no objection in accepting centralised Bitcoin which they can control, their rivalry is with decentralised Bitcoin which they can't control or manipulate. 
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Board Gambling discussion
Re: Premier League Prediction Thread 2025/2026
by
WatChe
on 07/09/2025, 15:02:54 UTC
Truly with the way things are going I can clearly tell that Manchester City will somehow struggle this season, like let's be realistic here, let flash back to the past few years, there's no way Manchester City will start the league and end up in 4th position for instance you will always find them at the top spot either first or second, but in this season a reverse is the case, so this should tell us that Manchester City is not what it use to be for this season and if care is not taken they might not even qualify for champions League this season as there are lots of team fighting for that spot in the English premier League.

Man City don't have good start of the tournament as they have lost 2 of three games they have played so far. But still they have 35 games to play this season and they have the opportunity of making a come back in the league. It's important for any club to not lose too many games at any stage of the tournament because competition is tough in EPL and once you go down on points table, it becomes very difficult to move up. Man city has scored 5 goals and conceded 4 goals so far and that's something the coach has to look into it.
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Board Gambling discussion
Re: T20 and T20I cricket prediction and discussion
by
WatChe
on 07/09/2025, 14:51:14 UTC
The target was big, but Sri Lanka easily reached the target. We did not see any good bowling from any of the Zimbabwean bowlers. We saw decent batting from the two openers Mendis and Nissanka. However, the most excellent innings was played by Kamil Mishara. Mishara scored 73 runs from 43 balls. This is the highest score today. Besides, Kusal Perera scored 46 runs from 26 balls. Sri Lanka reached the target in 17 overs. Sri Lanka won the T20 series 2-1

A moment of relief for Sri Lanka after winning the third T20I and also the series. I wrote earlier that Zimbabwe has won second T20I but there chances of winning the series is low. Zimbabwe has done a good job by winning the second T20I and that shows they have the capability to play T20 format. Even in today's game, Zimbabwe posed a fighting total of 191 runs but there bowlers failed miserably in defending the target. Sri Lankans were well prepared for third T20I and they chased the target quite easily with 14 balls to spare.
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Board Speculation
Merits 8 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 07/09/2025, 14:43:50 UTC
⭐ Merited by El duderino_ (5) ,Hottiek (1) ,vapourminer (1) ,JayJuanGee (1)
I am no more interested in small ups and down of Bitcoin nor I check Bitcoin price on daily basis. That's mainly because I am now very sure that it will hit 200k some day and I am waiting for that day. I have made few mistakes in the past but not anymore I will repeat that. 

i havent check prices daily for many many years now (except for occasional rips) and chartbuddy is on ignore (but its great to unhide it for the price context when needed).

youve seen how btc rolls. and you have and are continuing to hone a sense of balance of sell vs hodl and what priorities (shelter, power) are necessary for your familys health and well being.

looks like youre getting comfortable fitting right in to the btc life.

Once you develop confidence that Bitcoin will go up with time, it becomes irrelevant to check Bitcoin price on daily basis. 

Before getting into Bitcoin I tried many things like real estate broker, Stock market and freelancing to generate extra income. I have some luck in freelancing on fiverr.com but remaining two were a complete failure. I was a technical writer on fiverr.com and I got an order back in mid of 2017 to write about Bitcoin and that was my first encounter with Bitcoin.   

To me it's important to improve your life first and Bitcoin has helped me in fulfilling many of my requirements. I won't say that I have a big portfolio of Bitcoin but whatever I have, I am happy that I have used it effectively to comfort myself and my family. It's my personal opinion that saving something for later age is of no use, if it's done at the cost of compromising your present life style. It's also important to maintain a balance between your selling and saving. Don't sell just for luxuries but for necessities.
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Topic
Board Bitcoin Discussion
Re: Bitcoin; a tool for spending or saving.
by
WatChe
on 06/09/2025, 18:36:17 UTC
Bitcoin is meant for spending, but people often prefer it to become an asset rather than a means of payment. It is the choice of the majority to have Bitcoin as a savings tool rather than a spending tool. Why? It is because they see a profit opportunity. If we see Bitcoin as nothing before because of its sole purpose, now it becomes valuable because of its earning potential. This thing gains more interest than just being a currency.

We admit the fact that people prefer paper money over Bitcoin (just for now). It will take several years before we see Bitcoin being considered as a full-fledged currency.

There are different factors that is impacting Bitcoin adoption. One is the fact that there are many countries where Bitcoin and crypto are still not legal, you can't use Bitcoin in such countries and the only option we have is to hodl. Moreover seeing the massive increase in price of Bitcoin over a small period of time, people prefer to hodl it rather then using it as a payment method.

Paper money has it's own worth and value because to meet our daily livings we need paper money. There is very rear chance that paper money will cease to exist in coming years.
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Board Gambling discussion
Re: T20 and T20I cricket prediction and discussion
by
WatChe
on 06/09/2025, 18:11:29 UTC
Zimbabwe are not an experienced team. Even though the target was very small, I was sure that Zimbabwe would face problems in reaching the target. And Zimbabwe reached the target by losing 5 wickets. But , I was impressed by the performance of Zimbabwe's bowlers. Siukandar raza, Muzarbani and Evans bowled well. These three bowlers gave very few runs and took 8 wickets. I am looking forward to the last match. If Zimbabwe can win, they will win the T20 series. However, it will be very difficult to win another match against this Sri Lankan squad. I still consider Sri Lanka as the favourites to win the series.

Zimbabwe has won a T20 match after a long time. Even though the series is levelled, the chances of Zimbabwe winning last match is very low. Sri Lanka still is favourite for last match provided they don't play bad cricket. It was a big surprise to know that Sri Lanka got out in just 18 overs after scoring there second lowest total in T20I. Seven of Sri Lanka batsmen were not able to make it to double figure today and that's why Sri Lanka failed to give a fighting total. If Zimbabwe can keep giving performances like that then surely they will qualify for T20 world cup some day.
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Board Gambling discussion
Re: Premier League Prediction Thread 2025/2026
by
WatChe
on 06/09/2025, 17:58:58 UTC
If you predict football like this, you will not get it right, this is just three games, out of 38 games. You don't expect Manchester city to win the whole 38 games. It's better you have a slow start of the season than to have a slow end when it matters most. Other team will still lose more than them. But I truly understand your point, it will reduce the confidence of the player, when you lose like this, but the good news is that the players are all playing in their various nations at the intentional break. They will come back with more energy and confidence to face Manchester United.  It will be a difficult game for both team, because they are both struggling in the league.

Manchester city, struggle at end of last season, yet they were able to finish  3rd, they start to struggle last season because of the coach pep Guardiola divorce, it affected the team performance , because the coach wasn't mentality strong. The club has to give Pep Guardiola some break, to fix himself. Manchester city game plan is not improving at tall, and if nothing is done about it, they will end badly this season.  Pep Guardiola has done his as best for the Club, but right now they need a new coach to put the team together.

It's important to win at crucial stages of any league rather then winning only opening games. We are seeing Gunners finishing as runner up in last three seasons also they were eliminated in Champions league semi finals despite beating Real Madrid in quarter final. That's mainly because they are not able to perform when it's required. It's just the start of EPL and we can't draw a conclusion right now that which teams will lead point table this time because every team still has to play 35 more matches.   
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Board Economics
Re: what are the best ways to save cost?
by
WatChe
on 06/09/2025, 17:48:42 UTC
You cannot reduce the cost of goods in the market because the forces of demand and supply is not in your control, however inflation will always creep in, what you have to do is to cut down your expenses and go for things that are most essential. One major way to beat inflation is to double your hustle and have extra sources of income, that way you could easily have an better purchasing power because your earnings are multiple. The government can also do well to help checkmate prices for people that are arbitrarily hiking the prices of goods in the market.

It's very important specially for people who job to have a second source of income because with pay we can't beat the inflation. The buying power of salary class decreases with time. These days it's not very difficult to find another source of income. We have online freelance platforms and also this forum can give you good income if you do efforts to get selected in signature campaigns or find work of your choice here. It will be of no use if we keep crying on low salary and increased inflation, find a way to live a luxury life.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 06/09/2025, 12:55:37 UTC
Within 24 hours, Bitcoin price went up and then fell down 4k$. Just keep an eye on Bitcoin in the long run, I am waiting for the day when it will hit 200k$.

What you going to do then (at $200k)?

I suspect that probably at around $200k-ish, you will sell too many too soon... since you still seem getting overly excited about that price, and you seem to be struggling with the idea of investing into bitcoin, rather than trading it and/or trying to play its likely ongoing and likely inevitable waves.

Trust me JJG it's not like that.

I am no more interested in small ups and down of Bitcoin nor I check Bitcoin price on daily basis. That's mainly because I am now very sure that it will hit 200k some day and I am waiting for that day. I have made few mistakes in the past but not anymore I will repeat that. 
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Board Gambling discussion
Re: T20 and T20I cricket prediction and discussion
by
WatChe
on 05/09/2025, 17:57:59 UTC
Let's see how it turns out. Abrar Ahmed is not a newbie and he has played sufficient number of matches against other international teams. The spell of 4-0-9-4 was simply astonishing, when the other bowlers were going for close to 10 runs per over. Pakistan is yet to resolve their shortage of quality spinners. Abrar is good, but I am not sure whether he will be able to perform consistently like Saqlain Mushtaq, Danish Kaneria or Mushtaq Ahmed. If he is able to do so, then it will be good for Pakistan.

Abrar Ahmed test stats are good but he is yet to prove himself in T20I. Before this games, Abrar has picked just 17 wickets in his 14 matches. If Abrar want to be permanent part of Pakistan T20I squad then he need to improve his T20I squad. Saqlain, Mushtaq and Danish played cricket when their is only ODI and Test, while today T20 is the most played format. It's difficult for part time spinners to survive in this short form, only genuine spinners can bowl and pick wickets in this format.   
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Board Trading Discussion
Re: What is influencing the growth in the number of traders?
by
WatChe
on 05/09/2025, 17:37:54 UTC
The world is changing, and there are skills people can acquire to generate some passive income or make money in small ways, and trading is one of those that people are looking into. No matter how difficult trading may seem, many people will still be interested in it because trading is real, and people still make some profit from it.

The only problem people have with trading is that they are often too impatient to learn and understand it; instead, they go into it with greed and a lack of understanding. Additionally, what is influencing the growth of trading is the inflation rate, as people are seeking other means of increasing the value of their money.

It's very important to understand that trading is a risky stuff and one need to understand risk associated with it before getting into it. Those who start trading after getting inspired by successful trading stories end up losing money because they don't acquire proper knowledge before starting  trading. Trading is not something that can make you rich in short duration rather it can give you heavy loses if not done in proper way. At times, even experienced traders find trading hard to handle.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 05/09/2025, 17:27:59 UTC
The price is up nearly $4,000 in the last half a day and continues to rise. I like that… We seem to have broken the downtrend. There isn’t really any resistance between $113,500 and $117,000, so a move up from here would start to make this rally look pretty aggressive.

Within 24 hours, Bitcoin price went up and then fell down 4k$. Just keep an eye on Bitcoin in the long run, I am waiting for the day when it will hit 200k$.