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Showing 20 of 7,260 results by darkangel11
Came back from my crypto retirement to tell you something.
I see many people being fooled by the media and stock traders. They treat it like a tradable paper where the market decides their next move. If it goes above their entry level they take profit and if it goes below the entry level they sell at a loss. In reality bitcoin is a commodity, like a house and thinking this way will maybe help you in times like this.
So, you bought a house for $1m and a year later someone offers you $900k for it. Will you sell it? Why should you? If you're not in debt, have money to pay your bills, you won't sell it, right?
The bitcoin market is exactly that. It's a bunch of people offering you money for your house. A month ago they were giving you a million, now they're only offering 800k, maybe next week they'll say their last offer is 700k. Don't like the offer - don't sell! I know that my bitcoin is worth more than 100k and I don't care that they now want to pay me 78k. I'll wait for them to come back to their senses and come up with a better offer. At this point I wouldn't be satisfied with anything 5-digit.
One more thing. In a worst possible outcome for bitcoin I see it at 150k in 2 years. If you know an investment that will offer you over 50% a year on the average, just get rid of your bitcoin and do that.
Have no regrets, you only live once and life is too short to worry. If you don't know anything like that, hold bitcoin and chill. Again, life is too short not to hold any bitcoin and regret later when it's back above 100k.
I see many people being fooled by the media and stock traders. They treat it like a tradable paper where the market decides their next move. If it goes above their entry level they take profit and if it goes below the entry level they sell at a loss. In reality bitcoin is a commodity, like a house and thinking this way will maybe help you in times like this.
So, you bought a house for $1m and a year later someone offers you $900k for it. Will you sell it? Why should you? If you're not in debt, have money to pay your bills, you won't sell it, right?
The bitcoin market is exactly that. It's a bunch of people offering you money for your house. A month ago they were giving you a million, now they're only offering 800k, maybe next week they'll say their last offer is 700k. Don't like the offer - don't sell! I know that my bitcoin is worth more than 100k and I don't care that they now want to pay me 78k. I'll wait for them to come back to their senses and come up with a better offer. At this point I wouldn't be satisfied with anything 5-digit.
One more thing. In a worst possible outcome for bitcoin I see it at 150k in 2 years. If you know an investment that will offer you over 50% a year on the average, just get rid of your bitcoin and do that.
Have no regrets, you only live once and life is too short to worry. If you don't know anything like that, hold bitcoin and chill. Again, life is too short not to hold any bitcoin and regret later when it's back above 100k.
Re: Why Diversifying Your Crypto Portfolio Is Key to Long-Term Success
Nah. Diversification of investment is to alternate your source of income income you don't have to put all your eggs in just one basket. Why? Because there may be leakage where the values of your assets in that one source would either depreciate in values or total lost of value to zero.
Be aware that this crypto market is a highily volatile market which diversifying of your crypto assets would give you confidence to increase your incomes from different basis when the evaluation of the market goes towards your favour.
So this isn't just about for those who don't know what they're doing or if they don't trust where they invested.
You just need to be aware that no amount of huge income is ever enough for living because we all wish to live or afford expensive things that's best to our tastes, so getting to that heel will require an additional hustling so you can always reach your goals.
You as an investor is not only advised to Invest on crypto currencies but on the other side of the economy so you can always give your assets on the volatile market some breaks until it could bring you income. That's why investors are expected to have investment target and be disciplined with their holding.
Bitcoin is highily recommended due to it reputation and holds an hedge towards inflation While diversifying to other cryptocurrencies is required to make thorough research so as to find potential coins that'd be worth investing on.
Be aware that this crypto market is a highily volatile market which diversifying of your crypto assets would give you confidence to increase your incomes from different basis when the evaluation of the market goes towards your favour.
So this isn't just about for those who don't know what they're doing or if they don't trust where they invested.
You just need to be aware that no amount of huge income is ever enough for living because we all wish to live or afford expensive things that's best to our tastes, so getting to that heel will require an additional hustling so you can always reach your goals.
You as an investor is not only advised to Invest on crypto currencies but on the other side of the economy so you can always give your assets on the volatile market some breaks until it could bring you income. That's why investors are expected to have investment target and be disciplined with their holding.
Bitcoin is highily recommended due to it reputation and holds an hedge towards inflation While diversifying to other cryptocurrencies is required to make thorough research so as to find potential coins that'd be worth investing on.
This doesn't work when it comes to cryptocurrencies. People often read about diversification and apply this to cryptocurrencies but they're buying the same exact thing. Selling your bitcoin to diversify into ETH and XRP is like selling a hard asset like gold, valuable art, or your house to buy a penny stock. It's not diversifying, it's gambling!
All cryptocurrencies depend on bitcoin so if you hold bitcoin and something else expect that something to drop more when bitcoin goes down.
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
U.S Bitcoin strategic reserve bills taking healthy progress in states like Arizona and Taxas.
Only a matter of time when they and other states start buying making it a bullish market again.
They nuked the market to buy in cheap.
Only a matter of time when they and other states start buying making it a bullish market again.
They nuked the market to buy in cheap.
Yup. Also there's been some rumors about Amazon planning to allow bitcoin payments and PayPal just did it so there's a lot going on in the background but retail is in panic mode.
I know that feeling when you're back to the level you bought at and feel like you have to act so you won't have to explain to your family why you're at a loss now. People traditionally prefer to be up that 1 dollar on their investment than at a $1 loss. Like it changes anything. They don't get that being stuck in the fiat system makes them feel like they're at that $1 profit but due to taxes and inflation they're always at a loss.
For every bitcoin sold there's a buyer. Newbies see this and feel like they're selling into empty space in panic, but they're selling into well placed and well timed buys of people that later move the money out of exchanges into cold storage.
Re: 🚀 CZ Price Prediction 2025 – Reality or Exaggeration? 🤔
He just guessed correctly, that's it 
And it do think there will be a bounce back until the end of 2025, surely.
And it do think there will be a bounce back until the end of 2025, surely.
It's all external manipulation, not internal problems of the bitcoin network. The same external manipulation could make bitcoin go to 120k next month.
You see bitcoin fall because traditional markets were spooked by Trump. The same Trump that bought votes by promising a bitcoin strategic reserve.
His promises caused bitcoin to rally 70-100k and his actions made it fall back to these levels. If he ever delivers, you'll see us return above 100k.
It's important to know that this is the same bitcoin that we had before Trump and it will remain the same bitcoin when the people choose another president. Bitcoin will outlive us all.
I've been in the space for many years and I still like bull more than bear. Maybe it's because I no longer buy bitcoin. I used to do it years ago but for a few years I feel like I have too much and don't want to be all in so much. Maybe I'm getting old? I'd like to live my life, spend some money, I feel like time is running out while I keep saving up. Don't get me wrong, I did great saving up and I still love bitcoin and want to hold it, but I'm no longer buying the dips and if we go into a bear market somewhere in 2026, I won't be buying. If we go to $100k or higher I'm going to enjoy it, even though I could be selling bitcoin and going cash heavy to buy the bear market, I won't.
Re: UK and USA and canada real estate will go way higher.
This is pretty simple to predict since all assets will go up against fiat money, not because these assets are so scarce or there's a growing demand, but because fiat money is going to lose value.
There's only a few things to consider when buying real estate like:
Taxes
Maintenance cost
Safety (from military operations)
Location
Natural disasters
Crime
Government (make sure you don'y buy stuff in banana republics or socialist states)
And so on...
Are you ready to deal with all that? I'd rather hold my bitcoin.
There's only a few things to consider when buying real estate like:
Taxes
Maintenance cost
Safety (from military operations)
Location
Natural disasters
Crime
Government (make sure you don'y buy stuff in banana republics or socialist states)
And so on...
Are you ready to deal with all that? I'd rather hold my bitcoin.
Re: UK and USA and canada real estate will go way higher.
This is pretty simple to predict since all assets will go up against fiat money, not because these assets are so scarce or there's a growing demand, but because fiat money is going to lose value.
Re: To what level will Bitcoin fall after reaching $100K (or higher)?
When bitcoin broke the ATH of 2022 this year and climbed to $73k before it started dropping down, some predicted that bitcoin couldn't drop below $50k again this year, which Bitcoin has proven them wrong.
I'd argue that they were right with their predictions. Most investors rely on daily candles and see them as an indicator of market strengths and weaknesses. Since bitcoin is largely shallow and it's easy to get an hourly candle that gets nullified within the next 2 or 3 hours. The stable level that was defended was around $53k and there indeed was a wick down to 49500, but all that it showed is low market depth at that exact moment.
IMO if we go to $100k we can expect a 60% correction from there, so $40k is in play. The higher we go with the FOMO the higher the bottom will be. With $120k top, I would expect $55k to be the low point.
If we go lower, I'd start buying at $60k anyway. 50% is always a great moment to buy. If we went to 40k this year, I'd probably be selling all my stuff to get more bitcoin.
Yes, for people who have over $100 million in gains in a year. Most people like that are pretty public about their wealth since they are billionaires.
Now, do I expect this to pass Congress? I doubt it. Why? Because such a tax actually wouldn't raise very much money since there are only a few hundred people in the US like this.
But the only reason you've been lead to care about this is that the people controlling the media you ingest on a daily basis are... among those hundreds.
It may pass, it may not. The deal is, they're trying to do it. In my eyes this is an attack on privacy. I don't care if people choose to be vocal about their investments. The important thing is that it's their choice. Democrats want to take that right to choose away. It's an attack on privacy.
They wanted to make wallet providers ask users for KYC so they can assign wallets to IDs! This was a real legislative act they wanted to push through Congress.
How is that not an attempt to deprive people of privacy?
I suspect that any laws that pass Congress will roughly mirror the physical cash controls we have in the US: reporting is only required for very large sums, i.e. amounts that would very likely involve criminal activity. The threshold for cash today is $10,000, but that was passed in the early 1970s, so even the equivalent would be about $100k. This is common sense: the government is after big-time criminals and money launderers, not some average American with $50k in their crypto wallet--it's not worth their time to even check.
If that average American with $50k is forced to reveal how much they hold and on which address, it won't matter who the government is really after. It's like when you get stopped and searched because they think you might carry illegal substances (but you don't) you don't care who they were after.
Damn! That was brutal. Did you just use the "crypto is used by criminals to cripple children hospitals" argument? I have to save that for future generations who visit this forum.
Please check statistics and tell us all how many children's hospitals were crippled in the US in the last 12 months and how many murderers got paid with bitcoin. I'd really like to see the numbers for that.
Now, do I expect this to pass Congress? I doubt it. Why? Because such a tax actually wouldn't raise very much money since there are only a few hundred people in the US like this.
But the only reason you've been lead to care about this is that the people controlling the media you ingest on a daily basis are... among those hundreds.
Quote
It may pass, it may not. The deal is, they're trying to do it. In my eyes this is an attack on privacy. I don't care if people choose to be vocal about their investments. The important thing is that it's their choice. Democrats want to take that right to choose away. It's an attack on privacy.
Quote
They wanted to make wallet providers ask users for KYC so they can assign wallets to IDs! This was a real legislative act they wanted to push through Congress.
How is that not an attempt to deprive people of privacy?
I suspect that any laws that pass Congress will roughly mirror the physical cash controls we have in the US: reporting is only required for very large sums, i.e. amounts that would very likely involve criminal activity. The threshold for cash today is $10,000, but that was passed in the early 1970s, so even the equivalent would be about $100k. This is common sense: the government is after big-time criminals and money launderers, not some average American with $50k in their crypto wallet--it's not worth their time to even check.
If that average American with $50k is forced to reveal how much they hold and on which address, it won't matter who the government is really after. It's like when you get stopped and searched because they think you might carry illegal substances (but you don't) you don't care who they were after.
Quote
And the partisan thing is ridiculous: the law for cash was signed by Republican president Richard Nixon. This is about national security, and every week there's another children's hospital that is crippled in the USA by criminals using crypto for cyberextortion, or another murder-for-hire paid for that way, etc. etc.
Damn! That was brutal. Did you just use the "crypto is used by criminals to cripple children hospitals" argument? I have to save that for future generations who visit this forum.
Please check statistics and tell us all how many children's hospitals were crippled in the US in the last 12 months and how many murderers got paid with bitcoin. I'd really like to see the numbers for that.
Re: Gambling/betting shops vs Investment banks - Do you believe this guy's opinion?
- Literally speaking, most of his statement I agree with, because it is true that if we want our capital to grow, we should only dedicate it to the investment that we know can give us profit.
Then just in case there is a wealth of gambling, it is just a finger, and that is just fortunate, unlike the natural way development or wealth is really in investment, and most poor people are hoping for luck compared to people who want to struggle with the right system.
Then just in case there is a wealth of gambling, it is just a finger, and that is just fortunate, unlike the natural way development or wealth is really in investment, and most poor people are hoping for luck compared to people who want to struggle with the right system.
That's because he's mostly right, but it also has to do with risk the banks don't want to take. They know rich clients are more willing to invest and that they have other assets that they can use to cover a potential loss. That's why the risk is much lower with them. Higher probability of investment with greater chances of debts being repaid and the choice is obvious - they'll go to the rich neighbourhoods.
That said, casinos are not "mostly" in the poor areas. They're everywhere, just the types of games evolve from slots and lotteries into high stake poker and similar.
I wonder where you are getting your information from, Harris is doing well in her campaign and the automatic endorsement by Biden, Obama, Clinton and others has helped her to be almost unanimously nominated by the Democratic party
Don't forget Putin's support
Frankly speaking, being endorsed by a president who was removed from the campaign because he wasn't doing well and another that was impeached isn't something she should brag about.
Also, the way she did not participate in the primaries, but still got to participate in the general election is a bit shady.
Re: "Americans Spend More Money Betting On Sports Than Investing In Stocks"
It's not a surprise. Most people are financially illiterate, so it's pretty normal that they don't invest. On the other hand, it was proven that people who held assets had more money in 10 years than those who did not. You don't have to be a trader, just buy things like land and you will get value from that. Maybe it won't be in the first 1 or 2 years, but eventually you'll see that your fiat money is slowly becoming worthless.
As for lotteries and such, poor people feel forced to make money somehow and they love hope. Buying that lottery ticket gives them something to think and be excited about.
As for lotteries and such, poor people feel forced to make money somehow and they love hope. Buying that lottery ticket gives them something to think and be excited about.
I'm curious, what exactly is a teaser bet? I do bet but I am not an avid sports bettor, though I know about parlay, it is my first time hearing about "teaser"? what exactly is it and what is the difference between teaser and parlay and why do you think it is more exciting than parlay?
sorry if I answered with another question but I am just curious.
sorry if I answered with another question but I am just curious.
Here's the full explaination of the teaser bet.
https://www.investopedia.com/teaser-bet-5217718
I understand that some aren't familiar with it since not every sportsbook has teaser bets. If I recall correctly, I made this kind of bet before when Nitrogen Sports was still popular. However, with the popular casinos now, I don't see this option. Maybe it's available on fiat bookies, but it's still worth discussing here.
So now you know why we forget that it exists
It's that almost nobody gives you this option, or maybe we just can't find the ones that have. I wouldn't bother to be honest. I rarely bet on match points and prefer to pick winners in a parlay bets. Also, the way you ask the question is a bit confusing because you ask if we prefer parlay or teaser, but according to the definition, teaser is a type of parlay bet, so by making a teaser bet we are in fact making a parlay bet, just with an option to change it later on to get higher chances of winning.
Re: How do I generate an income statement from a wallet to satisfy casino KYC?
It would be better if you have proof of how you are receiving your salary from your workplace. Or I think a bank statement of account should also be enough as an evidence. I think the transactions on electrum is not enough. Or are you paid in bitcoin in your country? If so, the gambling site customer care will ask you questions about it and they will still need proof from the company you are working from.
That's stupid to be honest. Why would a crypto casino that doesn't accept fiat money want their users to show them bank statement? There's a lot of unbanked people around the world who voluntarily or involuntarily do not use banks. There's a lot of youtubers who made money trading cryptocurrencies and they no longer use banks, just operate 100% on crypto credit cards.
Signing an address to show how much bitcoin you hold should be enough proof how much money you have. What if you're unemployed, but hold a million in bitcoin? Does that mean you have no right to play at a casino because you have no income? I know you won't answer that, but it's just that the stupidity of this rule is striking.
⭐ Merited by bbc.reporter (1)
The US has has capital gains taxes since the 1930s, under every president of every party. The US will have capital gains taxes forever, regardless of who is elected.
I don't think you understand what I said. They don't want to tax your gains. They want you to reveal your holdings so they can tax unrealized gains. Thankfully US politicians are smarter than her and did not allow this to pass... yet.
Agreed that there is no evidence, however, the government always wants to inquire very much closely on the people and invade their privacy if they want this.
What are you talking about? How is there no evidence?
They wanted to make wallet providers ask users for KYC so they can assign wallets to IDs! This was a real legislative act they wanted to push through Congress.
How is that not an attempt to deprive people of privacy?
The Democrats see self hosted wallets as aiding tax evaders, money launderers, drug traffickers and other criminals. Republicans believe self custody preserves basic freedoms in a digital world.
Representative Sherman (Democrat) compared self hosted wallets to bearer bonds which were banned in the U.S. in the 1980s.
https://www.ledgerinsights.com/self-hosted-wallet-congress-privacy-freedom/