A few local exchanges are the reason why the government of India was forced to place a shadow ban on international exchanges. The move was made to get those users who had left Indian exchanges for international exchanges. To an extent they have been successful and they are now again seeing an increase in the volume. Some of those exchanges are known for their malpractices in the past. It is also believed that a few of these owners of local exchanges are in favor of the existing ruling party.
It has been such a hotchpotch that I have stopped following that timeline. I am hopeful that the budget will shed some good light on the future of crypto and that trading from Indian exchanges would be feasible, but I guess I am getting ahead of myself. Crypto in India will take a long time to recover from this mess. Till then, better hold on to your crypto and not sell.
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I'm really excited for the way Bitcoin price is shooting up and I will not be surprised if it climbs to 63k before the end of today because as at time of writing, it's price is $61,764.83. Its obvious that the price is being hit by the wind of the bull run season but I'm truly shell shocked for the speed no doubt. At this rate, it will sure surpass the ATH of 2021 when Bitcoin was $69k even before the month runs out. Am I getting ahead of myself for this prediction though? ..well don't blame me! Your predictions are "majestic" indeed. We all wish to cross the sexy number of 69k USD and it seems that this pump has rocketed us towards that level and is inching closer to that target every few hours. However be ready for the sudden drop as well because someone will have sell orders ready at 65k and 60k so dropping from those points will occur if not now, later on. And lets not make this another thread for bashing that space psycho, heck you guys still follow them?
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Most of these cases start from the users using some tainted source funds to top up their accounts. Is the OP assured that the source of their funds in question were clean and not such? Still it would not hurt to prepare a proper scam accusation and edit the post and move this to "Scam Accusations" with proper proofs of course.
But bitmax is an old exchange.
Come on mate, I dont expect you to make such spelling mistakes.
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Last week's prediction game turned upside down for me, because most of the predictions were in line of 52-53k USD while bitcoin all of a sudden pumped up to 56k USD. After making my prediction that night, I woke up the next morning and was immediately assured that I would not be winning this one at all. How I wish I had made a 60k USD prediction instead, LOL. But congrats to all those who won, @libert19 won the first prize on this one and its their second time winning from this series.
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If there is going to be no significant changes they should just keep this thread, as it will basically be the same exact game and experience.
Thread can be left as it is because a lot of old users have posted in this thread previously giving a lot of mathematical insights into the investment scheme on bustabit. This is one gem of a thread that most gamblers here hardly would understand. I hope Leo brings in some new colour choices for the site, I liked the one on Moneypot and it would be nice to toggle between the two palettes. Maybe a new signature campaign and more promotional stuff happening? Fingers crossed.
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I am planning to list down other exchanges that can be used by the Indian community as an alternate option to the banned exchanges. This cat and mouse game is something I personally hate. But well this is India and we have been doing the same for piracy for years now and now the same for crypto too. While the ruling party is indeed coming back because there is no good alternative, I sure hope the proper budget this year will have some mentioning of crypto in good terms. The exchange owners should mobilize and start their own mouthpiece, otherwise no one will be able to do justice to the upcoming bull runs.
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...and I'd love to hear your ideas or experiences on how to win this battle so we can enjoy gambling.
Gambling is not a battle for you to win. This is the false mindset that humans have and the casinos want you to have. If you are getting into that competition mindset against the casino you will not stop playing till you have proven yourself to profit. Unfortunately you will lose more in that in the maximum number of times. So this is a type of a game where the wise choice is to accept the defeat and leave. In the meantime you should limit the amount you spend and also the fun you have. Once it starts getting from fun to frustration, stop playing.
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And it can't be known when is that "right moment" by design. You are going to be leaving that on the luck factor at that instant. Whatever happens next, the player needs to make a bold decision as to whether continue or not. A win and they can keep it and leave, a loss and they should also leave keeping the rest of the balance intact. For a first time gambling, I suggested the OP to have fun and keep a limit on to what they play with. Let that be a learning experience for them as to why the casinos always win run profitable and the players always walk away with losses. Even then, they should have fun and visit again after a year.
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If you are trying to get cryptocurrency without investment, you can try to improve your skills in the field of programming and try your skills in the field of blockchain, cryptocurrency, and various other jobs related to it. Or you can try your luck on this forum by developing your account well and entering a signature that has Bitcoin rewards, that might be your way to get cryptocurrency without the need for investment. It's a little difficult, but you have to try.
Using your skills to earn bitcoin is selling a service and so is getting paid through signature campaigns. Literally speaking, there is not such thing as earning without an investment, these things require your skills and time as the investment and the earning as the return. OP should learn that for any type of coin to be earned, there needs to be some contribution from their end or some risk taking involved. Free money does not exist and only a lure by scammers. Still dont get why people dont focus on getting a stable job first and then add bitcoin earning as side earning to eventually grow it.
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I have used bitcoinfees.net for bitcoin only since I use it the most. I can also suggest https://blockchair.com/compare - you can add the coins you need to compare from the left hand side button "add to comparison" and check the ones you need and uncheck the ones you dont. I found all the ones you needed except BNB and Tron. However their average fee and median fee are compared but not the fee for slow/fast transactions.
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It is safer to keep a mindset of both win or lose anything can happen.
Definitely a wrong decision to gamble their life savings away, rather use it to travel the world and see some nice places before you last days. However for the addicted gambler the second option might not be attractive enough and they will gamble it away.
Of course the player will win less or rather lose more but if they realized this they would not be gambling anymore.
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Attempting to increase your wager is a common thing that happens to every gambler. But this needs to be controlled, by either bankroll management or limiting the amount of bet you can place for yourself.
In gambling we will not see the players win in the long run so increasing the wager after every bet means a devastating upcoming loss. So if you think you are losing too much, just cash out and leave. If you won big, also cash out and leave.
The increased number of bets you place, the increase in risk you have to face.
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Actually cryptocurrency is not a threat to traditional bank but traditional banks see Bitcoin as threat reason been that imagine now 2022 you kept $20,000 in your bank account how much interest I will bring and you bought Bitcoin worth $20,000 in 2022 how much interest you will make by now So traditional banks use our saved money for other businesses since we keep our money in Bitcoin to give huge profits over the year so the traditional bank sees bitcoin as threat You conclusion is correct but the reasoning is wrong. A certain bulk of bitcoin bought back in time is worth more that the buying price is not the reason why banks dont like bitcoin. Banks are centralized and they are censorship prone, while bitcoin is not so. This is why banks dont want people to invest in bitcoin. But it is also true that without the banks you will face monetary problems depending on where you live because living on crypto is not complete yet. The trading profit from bitcoin is not be considered here - indeed it does give much returns in that but that was never its main purpose.
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Someone who trades with 40 pairs doesn't really guarantee more success over someone who trades only 3 pairs, it's more about finding the right one. I think people are putting too much emphasis on silly stuff and forget that they should do something that will benefit them while also making them feel comfortable, if you are dealing with more than you can, that would not be easy at all.
Keeping the portfolio small has its advantage and in crypto this is even more applicable. Because the only few coins worth investing for the long term are bitcoin and a few of the altcoins, this is apt. However going in more shitcoins as they come out of their shit-projects, people will be trading them day and night and only hurt their own health in the long run without any significant profits. Therefore trade in limits and dont trade just because you have nothing to do with your coins. Have a goal and trade accordingly.
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JacksClub Username: TheUltraElite Prediction: $52,210
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Many have turned away from jobs because they believe that gambling can sustain them, but only to find out the hardest way, gambling is so unreliable when it comes to finances, it's the wrong tool for fixing your broke problem. Sad to hear that. We learn about proverbs when we are doing our primary education and eventually use them at times where is seems clear. But we must not forget their situational use and that they are not applicable to every condition out there. Some swindlers with hidden interests will attempt to manipulate you via such proverbs to force you to gamble. One must identify such people and ignore them or turn their back on them. Whatever one says, the casinos will run for the long term, the players are temporary there.
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Do a primary job to fulfil the daily demands and pay the bills and passively invest some money on cryptos. The safety net, indeed I encourage members to consolidate the safety of their own job first before investing or trading. With a job successfully at hand their mental state is stable and they can budget their spending including their investments. Without the job a lot of this is not possible. A professional trader on the other hand has huge responsibilities. He has to take more risk and stress while trading. Hence for this reason, passive traders make more money.
Day trading mostly has the max stress and risk associated, which can be avoided by limiting yourself to long term trading only. Bitcoin is built for long term trading in my opinion and altcoins are for day trading except a few of the top 10. So its not whether one makes better than another, it is also the state they can be healthy and consistent in.
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Indeed there are women in gambling too, but do we really need another gender centered debate?
Honestly speaking, I dont mind women gambling - its their money and its their choice to decide how to spend that money. But if you ask my opinion, men or women, people should gamble for fun and not for making money, if it is becoming an addiction they need to stop and rethink their life decisions.
Most of the women you will end up seeing are the same as men who promote gambling as "influencing" and hence they are being paid for promotions. Dont be a fool to follow their steps, its all a set up to lure you into gambling in a broader perspective.
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This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself. Gambling seems to give broken people a false hope which is normal in their mindset when they are not thinking straight and logically. While someone might play more and lose even more, others might be able to control their wrong mindset and actually survive out of the hellhole they are in and come out a wise man. It all how we face the lives, bad ways of living tend to come in when times are bad and these need to tackled carefully with a strict mindset. Its tough but getting over the temptation of gambling to make money is possible. I have seen both types of people from casino chat boxes and in real life. Good things are possible and that hope should never die that something better is waiting for us, we should be careful about the risks we take.
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Contracts on Binance are sold out, so no point lingering over there anymore. Bitdeer might be an option for the OP, but indeed at a risk of losing money. I still stand with my original line of that there is not such thing as a legitimate cloud mining operation. Maybe I would add the word profitable in that too. I do find it easier to buy bitcoin at the low and sell it at the high as the more "Not your Keys Not your coins" approach and profitable too.
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