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Showing 20 of 6,608 results by goldkingcoiner
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Board Bitcoin Discussion
Re: BITCOIN On It's Way Back...
by
goldkingcoiner
on 28/06/2025, 00:54:50 UTC
What we should have seen is a correction to 90K at least. But too many institutions are buying like crazy so we just keep on hovering at the same price for a while. Will this lead to a plateu, a dip or a pump?

Personally I think we are going to bounce between 110K and 100K for a while until we finally keep going to 120K.

But at the rate billionaires are buying up BTC, we might see that happen sooner than expected.
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Board Bitcoin Discussion
Re: If the ceasefire breaks, what’s next for Bitcoin investors?
by
goldkingcoiner
on 27/06/2025, 19:53:02 UTC
the same way it did in the 1st round - ZERO effect. Roll Eyes

Well, not zero effect really, isn't it?

The effect of panic-sellers indicates that I will start buying cheap Bitcoin soon. So it does have a positive effect on my financial status.  Tongue Grin

But in the long term, it does not have any negative effect on Bitcoin. I would agree with you on that.

It does seem a bit strange that people still panic sell, after everything Bitcoin has been through, though...
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Board Bitcoin Discussion
Re: Bitcoin Survives the War Scare
by
goldkingcoiner
on 27/06/2025, 18:09:23 UTC
We are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.

In the future we might be lucky to see a "dump" of a few percent within a week.

Do you mean that no threat could bring back bitcoin at 60k mark? It appears so, but that's not certain, despite the strong involvement of government offices in Bitcoin, would they be able to withhold Bitcoin in a bear season to stay around 85k upwards? The next halving is in less than 3 three years, and the long red candle is yet to come for buyers to purchase more bitcoin. Unless it pumps higher that 100k is the bench mark for the bearish moves, but with $10k added to the 100k and the $105k price it's not strong enough to hold on to a serious shake on the market. Like a crypto exchange rugpull.

No realistic threat. But going back to 60K is not unrealistic. It could be well within the boundaries of a correction and there is nothing wrong with that. Everything that goes up must come down at some point. But I draw the line at 50K to be honest. If we go down further than that then something is really wrong (I still would not sell though). It might just mean another crypto winter (with a hodler summer up ahead).

What I meant is that there is no more such volatility that we saw in the young days of Bitcoin, when we would go down 40% in a matter of hours. Such things will not happen anymore (unless something unrealistically bad happens).
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Board Gambling discussion
Re: tradional sports betting vs prediction market.
by
goldkingcoiner
on 27/06/2025, 15:03:56 UTC
Prediction markets are just crowd-sourced opinion polls, aren't they? Even the name "prediction market" is just a marketing tactic for the gullible. That is how I see things right now. I mean, where does the prediction part come in? It is just a public voting system.

Or maybe I do not understand prediction markets like Polymarket? Or maybe I am just misunderstanding the entire concept?

If anyone has any insights, feel free to explain it to me.

Yes, you got it all completely wrong. These are not polls. The opinions of people who don't put their money on the table are worthless, but the opinions of people who are responsible for their thoughts with money are interesting. I heard that the polymarket is on average more accurate than the opinions of "experts", voting results, etc. However, I cannot provide an exact link to this information. But I believe this 100% because I once worked in auctions and in practice I understood that the opinions of people without money/outside the market are worth nothing.

That is not accurate. They are still basically guessing.

Although maybe they do more research than someone who is given a free vote and has nothing to lose, I do not think the educated guess of a gambler is more trustworthy than that of someone who is not putting his/her money on the line. I do not see a reason why a gambler would be more financially responsible than someone who does not have money in jeopardy? The gambler could just be guessing as well.

The people voting obviously have an interest and an opinion, so they are not just randomly voting without a reason. And the more people vote, the more accurate the prediction becomes. Regardless of whether they have money riding on it or not.
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Board Bitcoin Discussion
Re: Bitcoin Survives the War Scare
by
goldkingcoiner
on 27/06/2025, 12:38:31 UTC
What’s happening right now doesn’t really affect Bitcoin. I’ve seen a few threads saying the current war between Iran and Israel, plus US intervention, could cause the market to collapse. And yeah, it kinda looked like it was going that way when Bitcoin dropped below $100k.

But look what happened -- it bounced back and is now trading at $105k. That just proves there’s nothing to worry about. Bitcoin can stand through tough times, and in fact, it’s something you can actually trust with your investment.

Bitcoin was designed to withstand.  Grin

Although I do see a correction coming. Anything that goes up must come down.

But we are long past the point where a few whales could influence a panic sell-off that would lead people into a suicidal mindset. The more Bitcoin adoption, the more Bitcoin stability and the less volatility.

In the future we might be lucky to see a "dump" of a few percent within a week.
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Topic
Board Gambling discussion
Re: tradional sports betting vs prediction market.
by
goldkingcoiner
on 27/06/2025, 12:01:11 UTC
Polymarket seems to be getting some attention lately. I’ve been seeing it mentioned a lot, so I think it’s becoming a bit more popular now.

Just for awareness and for all of us to compare, especially for gamblers who have knowledge (either through experience or research), can you share the difference between the two [platforms]? And which one do you personally prefer? Would be good to hear different opinions on this.

Prediction markets are just crowd-sourced opinion polls, aren't they? Even the name "prediction market" is just a marketing tactic for the gullible. That is how I see things right now. I mean, where does the prediction part come in? It is just a public voting system.

Or maybe I do not understand prediction markets like Polymarket? Or maybe I am just misunderstanding the entire concept?

If anyone has any insights, feel free to explain it to me.
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Topic
Board Speculation
Merits 4 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
goldkingcoiner
on 27/06/2025, 11:46:39 UTC
⭐ Merited by LFC_Bitcoin (3) ,Hueristic (1)
I miss the days before these cunt institutions got into this scene.

I was saying this to a couple of guys who hold Bitcoin last night. These bureaucrats and massive financial institutions have somewhat captured Bitcoin, to a degree.

I live in the UK as many of you know. I believe it is the same in the EU but fairly recently exchanges are enforcing The Travel Rule on us.

For those unfamiliar see here - https://support.kraken.com/articles/updates-to-crypto-transfer-procedures-for-uk-clients

TLDR; When you deposit to the exchange in any size over €1,000 they want to know where the Bitcoin came from. Was it from a cold wallet or another exchange or even from somebody else. You better hope it’s not from somebody else or they’re going to ask you a tonne of questions.

Any way, my personal story was I sold a handful of Bitcoin the first time we went over $90,000. The second sale was for 3 Bitcoin. I got an email saying I needed to confirm where the funds came from. I told them a cold wallet and then I received a support ticket saying Kraken were looking into this and will get back to me before my funds are released.

Sorry what, you are holding MY funds hostage? Any way, about 2 hours later they released the Bitcoin so I could sell. You can get a Bitcoin address whitelisted so they don’t do this again but address reuse is not good for privacy. If I use a new sending address this will happen again. It all turned out fine but my behaviour will definitely change now when I sell more late this year. I will deposit in smaller amounts, what if they had my deposit on hold for days? It would give me huge anxiety.

Earlier in the year Kraken and Coinbase made me fill in a big questionnaire about my financial status or my account would be limited. They can’t believe you are retired if you are under 40.

I just wanted to reinforce what Husristic said, Bitcoin has been somewhat captured. Trade P2P where possible and keep your Bitcoin in cold storage. These bastards are trying to make our beautiful Bitcoin as centralised as possible.

It is only going to get worse. These regulation fascists will no doubt start confiscating "suspicious" funds at some point.
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Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
goldkingcoiner
on 27/06/2025, 03:19:58 UTC
I miss the days before these cunt institutions got into this scene.

What if we all dumped on them and act like nobody cares about Bitcoin anymore, and when they finally panic and try to sell all their coins for peanuts we buy them back...
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Topic
Board Trading Discussion
Re: Did you know that most traders have good trading strategy?
by
goldkingcoiner
on 26/06/2025, 23:38:46 UTC
I will keep this short and simple--and this post is to open our trading understanding a little.

As the title reads, oh yes, it's true, but they still lose. Sad They are busy chasing a better strategy that can only exist in their imaginations, thereby losing focus, and then style drifting.

Those simple strategies you undermine are enough for you if you work on yourself. I was shocked when I realised someone bought a trading strategy for $3,700...oh my God! Huh And guess what, it failed him, what a waste!

A good trading strategy is important, but what traders need to succeed is not an absolute strategy that gives 100% winning or close. A 60% winning strategy is okay if you can work on your trading psychology and money/risk management. As simple as the two are, they've reshaped my trading results for good.

Reshuffle that mindset and see the result in months.

If most traders have a good trading strategy, and yet they still lose money, how is it considered a good trading strategy? Which standards apply and who is deciding on what constitutes a good trading strategy? I mean if you have to buy a trading strategy for almost 4k USD, it is probably a scam and/or a bad strategy. Why would anyone sell a good strategy if they can simply use it themselves to trade and make consistant profits? Makes no sense, does it?
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Board Gambling discussion
Re: Kalshi, polymarket's rival?
by
goldkingcoiner
on 26/06/2025, 17:24:38 UTC
I have only recently heard of Polymarket, so I am surprised to hear there is a US-licensed version already. What even are prediction markets? They seem like some kind of soon-to-fade fad to me. How can they possibly predict anything? Sounds like false advertising to me.

They way they work is basically setting up a yes or no poll on whether an event will happen. People vote yes or no and at the same time, make their bet?

Where does the prediction part come in?

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Topic
Board Gambling discussion
Re: In the future there will be no casino that is KYC free.
by
goldkingcoiner
on 26/06/2025, 16:49:35 UTC
Do you believe in that?

Based on the article I read, because of the growing popularity of crypto casinos, regulations will likely become stricter, and these are the kinds of changes we might start seeing soon, if they haven’t been implemented already.

Quote
Crypto gambling regulation is accelerating as global jurisdictions respond to the rise of anonymous betting and offshore sportsbooks.

Offshore sportsbooks are adapting with "light KYC" measures, dual licensing (e.g., Curacao and Malta), and stablecoin-only transactions to stay compliant.

KYC enforcement is likely to increase, affecting user privacy and requiring more personal identification for deposits and withdrawals.

Stablecoins like USDT and USDC are favored over volatile cryptocurrencies like BTC, signaling potential licensing restrictions on crypto types.

DAO casinos and decentralized gambling platforms are facing scrutiny due to lack of centralized control and absence of KYC policies.

Governments may demand wallet tracking and tax reporting, forcing players to report crypto gambling winnings more transparently.

The U.S. crypto gambling market remains a gray area, but many Americans still use offshore sites due to limited domestic options.

Future regulation may enhance legitimacy and safety for players on vetted offshore platforms, though anonymous gambling will likely decline.


your thoughts on this..


source
https://www.offshoresportsbooks.com/crypto-gambling-regulation/

Well, I do not know about whether or not KYC-free casinos will still be a thing but I think it is already a thing, unless you count shady, underground KYC-free casinos as actual casinos (which you should not, because unregulated businesses will scam you out of your money, everytime).

What I think will happen is that we will see truly decentralized online casinos which are not only provably fair, but provably decentralized. That way there is no single entity that can demand KYC.
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Board Beginners & Help
Re: How does a post become merit-worthy on Bitcointalk?
by
goldkingcoiner
on 26/06/2025, 14:37:59 UTC
Hi everyone! I'm still new here and trying to improve my post quality. I’ve read a lot about the merit system and understand it's important for ranking up, but I’m not sure what exactly makes a post “merit-worthy.” Is it about length, research, or timing? I’d love to know what type of content usually earns merit and what mistakes I should avoid as a beginner. Any tips or advice would be appreciated!

Just post from your heart and do not forget to include using your brain. That is the entire secret.

Posts that are helpful and useful get merited. Posts that are spammy and just a wall of text get the user ignored. If you think that you have something interesting to post about, make sure to work hard on your post and not just spend 15 seconds writing it.

Think of it as a personal blog. People that read it should wish to keep reading it and not get bored after reading a single line of text.
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Board Gambling discussion
Re: Losing time in gambling is worse than losing money.
by
goldkingcoiner
on 26/06/2025, 03:54:55 UTC
We all know you can never get time back, and when you’re losing in gambling and not even enjoying it, that’s time wasted too. Double the stress means a bad day, and sometimes it carries over, because there are always consequences when you’re addicted to gambling.

If you’re someone who values your time, you really need to be careful when taking risks in gambling. Always stay responsible to avoid this from happening. Instead of using that time to improve yourself, you get carried away and end up wasting it all on something that doesn’t even give you anything back.

Some people tend to say that time equals money, so from a purely logical perspective I would say that either way you are losing money and time. They money you spent your time to earn and the time you are spending to gamble you money comes to the same result in the end. But then again, is it really that bad? Either way we are all losing time at the same rate and it only means something if you enjoy the time you spend. And nobody can take their money to the grave so the latter is a moot point. Enjoying something does not automically mean you are addicted.
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Board Trading Discussion
Re: My Biggest Trading Mistake and What it Taught me
by
goldkingcoiner
on 26/06/2025, 03:43:16 UTC

1) Don't blindly trust signals, take your time to access and verify it.



This is very important. Signals are always BS, even if they come from some extremely popular and highly recommended influencer. Anyone who is making good money from trading is not going to be selling signals because they would have no reason to do so.

Most of these signal groups or signal influencers are trying to market themselves as pro-traders but they are actually trying to trick people into buying their courses/signals/etc. Or they are just trying to increase their follower count.

Maybe there are real signals from traders that know what they are doing, but you should still have your own trading knowledge, so that you can confirm these signals.
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Topic
Board Scam Accusations
Re: ⚠️ Rollbit Locked My Account & Withheld $20K Without Clear Reason ⚠️
by
goldkingcoiner
on 25/06/2025, 19:59:22 UTC
Perhaps you were using a VPN?

There might be issues with that because a VPN reuses the same IP for different users and one or more of them may have also registered accounts at Rollbit. But they should not be allowed to withhold your deposited funds, only the funds you have won.

Casinos have a strict no multi-accounting rule because people tend to abuse the bonus systems and so on.

If you have not used or registered any alternative accounts than state this fact to them.
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Board Beginners & Help
Re: You can lose your Bitcoin
by
goldkingcoiner
on 25/06/2025, 17:37:08 UTC
It seems a bit irresponsible they say there were no E-Mail breach when the phishing E-Mails can easily get the E-Mail addresses just by clever manipulation tactics. For example, the attacker can embed tracking pixels or unique links, or the email might contain a link that redirects to a phishing page where you have to enter details or they can even exploit browser plugins to get personal info, like E-Mail addresses.

Their second tweet is just them trying to push off responsibility.
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Board Bitcoin Discussion
Re: Binance's will function after death... Perfect for bitcoin
by
goldkingcoiner
on 25/06/2025, 16:21:47 UTC
CZ proposed this I think two weeks ago, but my advise to people is that they should not hold any coins on an exchange except the money they are actively using to trade.

The best place to hold your coins are on cold noncustodial wallet that are open source.

People should learn about multisig, timelock and other inheritance means.

100% agree.

The centralized exchanges will definitely find a way to take your money. Kucoin is already imposing "dormancy fees" on people.

Why would anyone trust a business rather than a trustless system is beyond me. It is always a trap. Always.

I would even go as far as to say do not hold your money on exchanges, even for trading purposes. If you need to trade there are better alternatives. Even DeFi is a better alternative than giving someone else custody of your entire wallet.
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Board Gambling discussion
Re: Budgeting starts from personal budget then gambling budget.
by
goldkingcoiner
on 25/06/2025, 15:52:14 UTC
Fact is that if you've never paid attention to how much you spend on your minor wants, chances are high that you can never make proper budgeting for your gambling.

Sometimes, the amount we spend on things that don't add anything to us is always more than the amount we spend on gambling and for gambling expenses, it's even better because there's a chance that you might win and get a return from what you've put into it but for the regular expenses, once it's gone it's gone for good and it's easy to spend so much on small items without even knowing that a lot is already going into such as long as you're not taking record of such expenses.

If you want to practice proper gambling budgeting and see that it works effectively, you first have to start from personal budgeting and then you can easily implement it in your gambling.

What's your take on this?

You can budget however you like, but always make sure to leave the necessary money aside. Bills must be paid, family must be fed, savings set aside and so on... Whatever is left is yours to do with as you wish. Although personally I only gamble the smallest possible amounts because my goal is entertainment, not making an (impossible) income from gambling.

10% of whatever is left of my disposable income is my budget.

Although maybe for some people this amount would not be very much because they would rather spend thousands of dollars in gambling.

Self discipline is key, budget comes second.
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Topic
Board Gambling discussion
Re: Would You Be Happy Earning 10% of Your Bankroll monthly?
by
goldkingcoiner
on 25/06/2025, 15:27:24 UTC
Experts treat gambling as a source of income, so they bet on themselves because they’re confident in what they’re doing and believe they can be profitable. These are the ones who raise a realistic bankroll and set realistic targets. let's say on average, if their funds grow by 10% in a month, they’re already happy because over time, it compounds.

Meaning, they don’t cash out their profits right away, they reinvest it as additional bankroll.

Now I’d like to ask you.. as a gambler, would you already be happy earning just 10% profit from your total bankroll?

How often? Once? Twice?

Because the frequency is the question here. If I get 10% a month, I would be very happy. It would not make me a rich man but I would definitely have less problems in my financial life.

Although I am not sure what this topic has anything to do with gambling... It would probably not stop me from gambling nor encourage me to gamble more. As many people on this forum know, I gamble tiny amounts for fun.
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Board Speculation
Re: Thoughts for rest of 2025?
by
goldkingcoiner
on 23/06/2025, 22:59:46 UTC
Many are saying the top is in for Bitcoin but that can’t be it surely? I’ve seen predictions ranging from $160-200k this year, are we still thinking that? Or is 2025 really the start of a long bear market ..

We can only believe that Bitcoin will continue doing well, because nobody can see into the future. So maybe something awful will happen, but probably not. There is no point in worrying about something nobody can foresee, is there?

I am going to stay optimistic. Bitcoin has not disappointed so far...