Search content
Sort by

Showing 20 of 39 results by luckyspirit
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Record-Breaking Rally, HYPERLANE price surge.
by
luckyspirit
on 12/07/2025, 23:00:48 UTC
Here are my quick guesses
1. Increased institutional adoption
2. Hopes for interest rate cuts
3. Trump's crypto-friendly endorsements
It is mostly institutional investments and purchases through ETFs combined with the impact of the last halving. I don't think the hope for interest rate cuts are doing much because people have been hoping for those for some time even during bear market and nothing is happening. We are not sure when they will happen.

$HYPERLANE also experienced a price surge of about 481.82%
This is just a random shitcoin and it can pump because of anything.
Post
Topic
Board Speculation
Re: BTC ATH: A road to $150k?
by
luckyspirit
on 12/07/2025, 22:54:13 UTC
I don't think $120k is that much importance, people keep coming up with any number and any resistance and many times the market does something else entirely ignoring all these things. We could shoot up to $130k by tomorrow completely dismissing $120k, nobody really knows. That is the most correct view I believe.
Yep it's only 10% gain, people are expecting more if they invest in Bitcoin. $150k is a good number because it increase 50% than the previous milestone ($100K), that's why if Bitcoin cross to $150K, we will see many articles and people are talking about Bitcoin.

$150K is make sense I think, not too big and not impossible to achieve in the current bull run.
$150K is good number and significantly higher than the previous milestone of $100k. I don't think these numbers in between matter so much as people believe, even before we hit $100K.

FOMO may be present now but it’s still not that much to make the market looks to be in such state yet. The market is just transgressing on what the best part of it will be at the moment and trying to achieve what it is set out for this bull cycle which is actually what we see happening now. The consolidation has far more been taken time, so it’s time for the market to set out and achieve its goal for this bull cycle season.

They are websites where you can take a look at data about sentiment and activity, it is pretty slow still actually. Telegram groups are also not that active.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
by
luckyspirit
on 12/07/2025, 22:35:57 UTC
You misunderstand how markets work. Before it was much easier to manipulate Bitcoin's market by smaller parties and bigger parties. Now the number of parties that can manipulate it is shrinking and it will continue to shrink down to a few hands. In the last phase there will be nobody left who can have a big impact on it, but for that the market cap needs to grow a lot more.
The problem is that since the irruption of the "strategic reserve" idea, there are entities which could potentially acquire millions of BTC. Even if it's unlikely that a single nation will really buy > 2-3 millions of BTC on its own, several nations together could form a cartel with certain common interests. FATF for example is an organism made up by a lot of governments, and if all FATF member states together had let's say 20% of the Bitcoin supply, then it could have enough power to reject privacy improvements which require softforks.

This wouldn't be a single manipulation event. It would be constant pressure on developers, exchanges and miners to reject privacy-related softforks. Normally, users have the option of an "user activated fork" as a last resort in this case: forking away from the main chain implementing the update anyway without miner consent. But the "FATF cartel" could scare users to use this pro-privacy Bitcoin fork, selling millions of coins on this chain to impose the chain with less privacy.

This "manipulation threat" is limited to certain issues like privacy where such cartels could form, of course.
I think this is an interesting scenario that you are considering, even if I am not so sure that it will happen. I mean if there is this kind of pressure, we will know. Someone will talk even if there is an attempt to do it in secret, because there are too many different people and parties involved. Also you can observe changes in developer behavior. If they start responding very differently to such topics or ignoring them, that would be fishy to me. If such pressure does happen and if it has strong grounds, I think we will see a big fight maybe even bigger than during Bitcoin Cash troubles. Somehow I am sure that Bitcoin maxis will win once again.  Smiley
Post
Topic
Board Altcoin Discussion
Re: What’s your take on Ethereum ecosystem ?
by
luckyspirit
on 12/07/2025, 22:23:22 UTC
Unfortunately it seems ETH will still prioritize L2 roll ups and so far there's no promising solution to the scalability problem on the L1.
Even recent upgrade is all about improving UX and making L2 better.

I guess we won't ever see ETH mainnet having fee as cheap as solana and the others.
They are making a big mistakes but the reason they are doing this is because they are corrupted by money. Money is being given by L2 founders to ETH foundation and developers, so a bribe to keep the L1 broken. Eventually I hope this will be its downfall, as that is what ETH deserves.

Ethereum is a sell. Looking up its price is not even close to its previous all time high. That means leaving the ecosystem would be wiser.
Its price performance is terrible for many years.
Post
Topic
Board Gambling discussion
Re: Betting on the impossible
by
luckyspirit
on 11/07/2025, 23:03:33 UTC
I have bet on very high odds before in football matches but I have not tried it before in casino games. My experience in football about betting on very high odd is just like waste of money because I have no luck there and it is worse than going for moderate or lower odds. So I prefer to just make my analyses and bet on a stronger team that I know would win the match than to bet on odds that looks like impossible.

Betting on high odds and winning takes a lot of luck to work out especially when you are talking about odds of over a thousand. I remember betting on basketball games randomly with no analysis whatsoever, the odds accumulated to over 900+ plus, I knew my predictions were not solid so I placed the bet with 18 naira knowing the outcome would probably be negative, to my greatest surprise I ended up winning
Congrats! It is quite rare but sometimes these things happen, I've heard a few stories like this and saw the bets placed. It is crazy how sometimes no amount of analysis comes close to pure luck.

In my opinion, betting on high odds is like handing an immediate advantage to the bookmaker, and it's essentially throwing money away.
That's not the point here, people are doing his for different reasons. Nobody should be doing this as serious or regular gambling. If you feel like having this kind of fun, who cares if you place a stupid bet on a $1 ticket every now and then? It is entertaining to see what happens and how many picks you get correct just by random guessing.
Post
Topic
Board Gambling discussion
Re: When can someone say they have won the casino?
by
luckyspirit
on 11/07/2025, 17:41:44 UTC
Only when your current gains in gambling are so much bigger than your loses. For this to be true and accurate you must have bankroll management and keep a history. A lot of people don't do this, and then when they score they lie themselves that they are doing good but it is not true. Without properly accounting your history of playing, it is impossible to be sure about this.
Post
Topic
Board Speculation
Re: BTC ATH: A road to $150k?
by
luckyspirit
on 11/07/2025, 17:34:46 UTC
Bitcoin has finally reached its ATH once again, what next should be the question we should be asking ourselves?
You don't need to apply for anything at this time, especially about the speculation of Bitcoin prices, we can see a lot from the Bitcoin circulation in July 2025 the price of Bitcoin can be close to $120k, Because they see that the current Bitcoin price reaches a record of $118K.

But for me this is an important moment for Bitcoin users as a whole by increasing liquidity will automatically increase liquidity in the long term in the crypto market, especially against Bitcoin itself, This means that if speculation the opportunity for long -term investment will have a positive impact on general investors.
I don't think $120k is that much importance, people keep coming up with any number and any resistance and many times the market does something else entirely ignoring all these things. We could shoot up to $130k by tomorrow completely dismissing $120k, nobody really knows. That is the most correct view I believe.
Post
Topic
Board Gambling discussion
Re: See No gambling Hear no gambling Talk No gambling for strict regulation?
by
luckyspirit
on 11/07/2025, 14:32:25 UTC
Strict restriction means the regulators order all billboards to be taken down, influencers to take down their posts and stop posting, and all sponsorships to be stopped.

Do you think seeing no gambling, hearing no gambling, and talking no gambling, not even a mention of a gambling site, will decrease addiction? Is it a good resolution?

This growing number of addictions here in our country started because of the massive marketing and influence of celebrities. Your thoughts on this?
All advertising of gambling should stop in traditional media the same way that advertising for smoking has stopped. Instead they should put warnings for it, and the money to pay for this should not come from the taxes but from the gambling companies themselves. A small amount of their profit must be used for this. A balanced law like this would work well.
Post
Topic
Board Gambling discussion
Re: Betting on the impossible
by
luckyspirit
on 11/07/2025, 14:30:25 UTC
This got me thinking how sometimes betting on the impossible could give you insane benefits. I know this will not happen all the time but those who had chosen to bet on Hulkenberg that day for fun got insanely lucky and won big.
I think the situation is surprising and unexpected. In sports betting like soccer, we might pick a player who scores a goal or bet on a complete underdog against a strong team.
I've made several such bets, and it's rare to achieve a surprise win by relying solely on luck. Yes, such bets can be won simply by relying on luck, or by a bettor who can truly predict the future.
There is no such thing as a better who can predict the future, what nonsense are you writing here?
Post
Topic
Board Altcoin Discussion
Re: What’s your take on Ethereum ecosystem ?
by
luckyspirit
on 11/07/2025, 14:17:15 UTC
I feel you on that. Ethereum’s been building hard behind the scenes, and projects like Tanssi, Eigenlayer, and Arbitrum are showing real use cases. Tanssi especially caught my eye lately with how it's making appchain deployment super easy and secure. I actually spotted it first on Bitget, and with the kind of support it gives new projects ,like the recent PoolX and CandyBomb events, it’s clear they believe in its potential too. ETH might just surprise us sooner than we think.
New account just to promote those projects and say good things about Ethereum? Everything you have listed is trash btw.  Roll Eyes
Post
Topic
Board Speculation
Re: BTC ATH: A road to $150k?
by
luckyspirit
on 11/07/2025, 13:25:48 UTC
Bitcoin has finally reached its ATH once again, what next should be the question we should be asking ourselves? Is it a great direction to $150k or just another way to create FOMO and made some future guys get wipe out?
In all these high emotions, make sure you do a good research and keep checking news before jumping on a trade.  DYOR will always be great!!

I see a path skyrocketing to $150,000 and above. The characterized investors behaviors of them holding firm while some jumps out is rational and part of the ethics of the market that drives the speculations of bitcoin.
So let those jumping out enjoy their dividends. Probably they might regret somewhere as we're foreseeable of breaking more Ath.
We also need to understand that these both criticized Investors do also drives Investor interests to come in.
Some people are skeptical about this because they simply see a big number and think it is hard to reach. But one must put this into proper perspective. The current price is around $118,000. To reach the price of $150,000 it just needs an increase of 27% which is very low. I think people will be surprised by Bitcoin's price performance, especially if the FED finally starts lowering rates.
Post
Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin's network gets too big?
by
luckyspirit
on 11/07/2025, 13:03:17 UTC
There is no worry here. Bitcoin is divisible; 100M satoshi is 1 Bitcoin. You can buy a fraction and you are good to go. If it does become a problem, solutions will develop quite easily. You can issue other things and have them backed by Bitcoin at a fixed rate. Very easy.
I agree with the fact that BTC may be bought via smaller portions - however, I do think the case told here is about the overall amount of BTC in the hands of bigger entities against common retailers.
There is no concern there either. That's exactly how the current world is laid out, and the world functions fine does it not? I am talking about fiat and wealth, most is concentrated in the hands of bigger entities. Why would it be a problem for Bitcoin if it is not a problem right now?  Smiley
Post
Topic
Board Bitcoin Discussion
Re: What will happen if Bitcoin's network gets too big?
by
luckyspirit
on 11/07/2025, 12:26:52 UTC
I agree.

More worries are currently about how much the retailers, common people would possess BTC and their proportions to bigger entities in the long run in the eco.

However, that's too a question that would be developing over the years, if not decades to come..
There is no worry here. Bitcoin is divisible, 100M satoshi is 1 Bitcoin. You can buy a fraction and you are good to go. If it does become a problem, solutions will develop quite easily. You can issue other things and have them backed by Bitcoin at a fixed rate. Very easy.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
by
luckyspirit
on 11/07/2025, 12:17:15 UTC

Someone using it for their purpose does not make it political. Bitcoin will always be Bitcoin, neutral. You can use it for good and for evil, neither of this makes it good or evil. Using it for political reasons does not make it political, Bitcoin remains neutral.
Never said it was political.
I said its now used as a political weapon
Bitcoin in itself might be neutral but it's perception is determined by how's used.
People exist in an environment. Everything is connected whether directly or indirectly
So changes in the economy would have an impact in Bitcoin
Though mostly centered on the price.
Sure, that still does not carry any importance. Bitcoin will remain neutral, unchanging. People can use it for whatever they want, just as a said. This is what is hard to understand maybe for you too. Whatever traditional thing you use in some way, you are changing it. This is not the case with Bitcoin. Perceptions come and go, it is not that important.
Post
Topic
Board Gambling discussion
Re: Is it due to skills or luck?
by
luckyspirit
on 10/07/2025, 22:58:44 UTC
...poker also skill are still needed but is still all boils down to luck , and luck not something you can control...

Using a simple example, I'm going to show you that skills are very important in poker. You can have Pocket Aces and win without showdown, or you can bluff and hold weak cards and at the same time force other players to fold their cards. Thus, in the first case, no skills are required, but for the second case, they cannot be dispensed with. So in the first case, it's luck, but in the second case, you can't do without skills.
Good explanation, but the topic is about the long run. It is simply not possible to win with luck in the long run, only a highly skilled player with some support from luck could do so.

If someone becomes successful in sports betting over the long run, would you say that’s because of luck or skill?
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
by
luckyspirit
on 10/07/2025, 21:36:08 UTC
I think many people fail to realize that despite being decentralized Bitcoin exist in an environment.
Directly or indirectly Bitcoin would be drawn to certain changes in god environment
But the involvement of large institutions and government made it more direct.

 
Now it's now like a political weapon
Even Elon musk is trying to use it to build his own party.
Someone using it for their purpose does not make it political. Bitcoin will always be Bitcoin, neutral. You can use it for good and for evil, neither of this makes it good or evil. Using it for political reasons does not make it political, Bitcoin remains neutral.

There is nothing and nobody who can change Bitcoin and because of that it will always be a neutral asset. You must understand something important. Can some nazi group, satanist group or something crazy like that adopt Bitcoin and worship it? Yes they can. Does this make Bitcoin political or hijacked? No. This is the nature of something that is censorship resistant. Anyone can use it for whatever purpose they want, good or bad. Bad people using Bitcoin does not change Bitcoin. Some political parties making Bitcoin their symbol does not make Bitcoin political either.
Post
Topic
Board Altcoin Discussion
Re: Useless Token all over the news past week
by
luckyspirit
on 10/07/2025, 21:26:09 UTC
I'm sure you're surprised too, i was tooo when i saw a token is named "Useless" it emphasizes zero utility and community-driven speculation. The $USELESS token is traded on Raydium and has a repurchase and destruction mechanism to achieve liquidity.

in as much as it sound useless there's pump happening and many cex listed it already and even on their futures

what's your thought on this project Guysss ?
The name is quite funny "USELESS". The project team did well by making it available on many CEX. I was able to mop up some pips when it was listed in bingx futures trading. Fortunately, the USELESS is not useless, lol.
Listing on CEX is not a feature. You just need to pay money and you can get listed anywhere, they don't care if the project is serious or it is a joke. If a project is quickly listed on many CEX but it does not have super high volume, that usually indicates that the team has made money in previous projects or even scammed in previous projects and is now trying to do it again. Who else would spend hundreds of thousands of dollars to list on many exchanges so fast?  Smiley
Post
Topic
Board Beginners & Help
Re: What’s the safest crypto wallet for beginners?
by
luckyspirit
on 10/07/2025, 21:07:09 UTC
No wallet is safe if the wallet holder doesn't understand the responsibility of keeping the seeds/private keys safe, so the answer really depends on how educated you are about the wallet and internet security.
The counter point to this is that even if you are the most educated holder in the world, you are not safe if you use a closed source wallet. Of course such a person will not use such a wallet, but I'm saying it to make a point. Even if you don't know anything, there is a big difference in safety between open source and closed source wallets.

Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a Neutral Asset: Can it Really Stay Apolitical in a Fragmented World
by
luckyspirit
on 10/07/2025, 20:55:45 UTC
It would have stayed apolitical if no governments would have purchased it or talked about creating a bitcoin reserve. Since big corporations are buying it, especially in US, it's not apolitical anymore. Just like oil, countries have already started building their Bitcoin reserve. So it's not apolitical.
I share that slight uncomfortable sentiment about governments' strategic reserves.

It's a real threat to Bitcoin. Bitcoin has always thrived without the support from corporates and governments. It used to be a common people's currency system. At least that's how Satoshi had envisaged it. But unfortunately, governments and corporates are positioning themselves in a way where they can manipulate the market at their will.

I am not saying that these entities will manipulate the market. But having that power to manipulate is scary to others. Bitcoin as an asset is not political, but it's usage can be political and can also harm the common holders like us. That's my concern!
You misunderstand how markets work. Before it was much easier to manipulate Bitcoin's market by smaller parties and bigger parties. Now the number of parties that can manipulate it is shrinking and it will continue to shrink down to a few hands. In the last phase there will be nobody left who can have a big impact on it, but for that the market cap needs to grow a lot more. Also this is the natural consequence of Bitcoin's features. If you didn't think this would happen, then I am sorry but you didn't understand Bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin really decentralized and free if you need to show your 1D to get it
by
luckyspirit
on 10/07/2025, 20:53:30 UTC
The only thing you can do to stay anonymous is using decentralized exchanges so you will avoid to send your ID to third party. My suggestion is you search for your local seller who sell Bitcoin and receive fiat from your bank.

You don't have to tell them who you are and your bank only know you do usual transaction. We can not avoid verification process if we use centralized exchanges but we have many options to buy Bitcoin. With the presence of decentralized exchanges, that help us to buy and sell Bitcoin without verification.
Local sellers are usually cooperated with centralized exchanges.

They might not ask KYC to trade with them, but if the banks and centralized exchanges know the sellers, they might watch the buyers too. Because it's traceable the banks know that Bitcoin seller send fiat money to your banks, so they likely know you have Bitcoin.

Most people avoid to submit KYC because they don't want to suffer data breach, so they won't have any problem in this situation. It's different if someone want to be completely anonymous, because this leave a trace.
Just do it with cash and nobody is going to be able to "watch" you. Doesn't matter where the other party sourced the coins.