I'd it will break out soon but it's just a hunch. There are so many variables that can affect, such as the start of another war or rate policies that you never know. There is a saying in the stock market that I am going to reproduce from hearsay, something like, "I don't know if the next 100 points will be up or down but I know the next 1,000 points will be up."
Similarly I could say whether 4 months from now the price of Bitcoin will be higher or lower than it is now but I am sure 4 years from now it will be higher.
|
|
|
Actually, what is spam? If it's flooded with comments and is considered spam then it's dangerous. In my opinion, as long as the post is still relevant and not off topic then it is not spam. I sometimes read posts on gambling board and see posts that seem repetitive but I check that they don't contain plagiarism, their comments are still on topic so I don't think they're spam, maybe posts with low quality are more appropriate
There are people who usually write very high quality posts, and/or frequent technical boards, and would like the gambling section to be like that, but it's not about that. Serious discussions about gambling could be summarized as: don't gamble because you are throwing your money away in the long run. There is not much more to discuss than that. Then there are disciplines that don't necessarily mean throwing your money away, like poker or horse racing, but that don't interest the forum much, and sports betting which does interest a bit but most commenters are among the 95% of losers. If you want traffic in that section you are not going to get quality. And the other way around. Seeing how important this section has been in the history of the forum, and how important gambling has been in the history of Bitcoin, I say leave it as it is, which I think in this thread is a bit like preaching in the wilderness but I would say that from the highest levels of the forum think similarly.
|
|
|
I have read the news and I hope that if it is true as it is said in it that the Gemini Earn program: was marketed to customers as a safe and secure way to earn interest....
These kinds of crypto services were pitched as a “better form of savings account to replace your bank,” I hope they get the maximum penalty they can get. In the end, what the Winkelvoss have is greed, because with the amount of Bitcoins they have from the early years, they could have dedicated themselves to other projects that were not based on shitcoins to make money.
|
|
|
In-fact, Bit Coin is highly restricted if not ban in Russia, China, Algeria, Bolivia, Nigeria, Bangladesh and many countries that are left wing.
You've made such a potpourri of these countries that to consider them all left-wing is too simplistic. But well, seeing in that mix countries that still retain characteristics of communism of the twentieth century, others that would be left-wing and others that I am not clear, it is more logical for a left-wing government to put barriers to bitcoin than a right-wing one. It is also too simplistic to lump Bitcoin and cryptocurrencies together, as you have already been told. In the end, what happens is that governments implement regulations on Bitcoin claiming it is to protect their citizens when it is mostly to defend their interests.
|
|
|
Just leave it like that.
If you see posts that are fucking shit, report them, as mentioned above, but that there are many threads in which people are simply dedicated to meet post quota what it does is to fulfill the function that that board has. The advertisers are happy because they generate traffic to their casinos, the posters are happy because they get paid and the forum has traffic that would go elsewhere if it made the effort to implement "quality" in that section.
|
|
|
Hence my question: if someone in Cuba were to earn $20 in Bitcoin, does that mean it gives him more purchasing power than his salary? Or does that add another level of getting screwed somehow?
I do not know the ways to use Bitcoin in Cuba to buy things, where I imagine there are not many options, but I understand that to exchange Bitcoin for local money, at least in the big cities, there are. Actually, looking at coinmap, there are some places to pay with Bitcoin and even some ATM in the capital, so anyone who earns $50 a week in signature campaigns in the forum has a purchasing power 10 times greater than a skilled professional in Cuba, where most depend on remittances from relatives abroad to subsist.
|
|
|
Congratulations zasad@! This is a regular name in the bitcoin discussion child board - legal. When I visit the thread to read some news, I see his name in almost all the threads.
Yes, I am also one of the few regulars who usually write in the section and the truth is that zasad has given a good movement to the section for some time now. You can see his name everywhere. Congratulations from me too zasad. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
How so? Now I won't buy a Ferrari with bitcoins? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You will be able to. Just like you can buy a house with Bitcoin. But those purchases are already KYC in and of themselves, no matter if you pay with Fiat, Bitcoin or potatoes. Your name and identity/passport/social security number will be registered, along with other data. The European legislation wants to control Bitcoin transactions in the same way as it controls banking transactions, and only P2P with non-custodial wallets will escape.
|
|
|
We can't know for sure if it was planned but I am inclined to think not, as it is not uncommon for fake news to slip through, sometimes in a whole range of media, propagated by a news agency. In this case it's a botched Cointelegraph, which as said is not characterized by an extreme quality of content, so the hypothesis that seems more likely to me is that they simply slipped in the fake news.
The bad thing is that there were many short-term traders who lost money with it.
|
|
|
What will happen when the price approaches $100K, just like when it approaches the previous ATH of $69K, is that there will be a lot of selling orders. Anyone who has seen the books will know what I am talking about. When the price gets close to those figures everyone will be in profit, no matter how much they bought at, that's why the selling orders will skyrocket and it will take a few tries to beat those figures.
|
|
|
Yes, in my case they have known about it for many years. I am a responsible adult who plays poker and earns money with it, I have not had gambling problems or anything. They weren't very happy at first and it's not something we talk about a lot because deep down it's a world they don't know about, but they do know about it. From time to time, like once a year, they ask me if I still play, and the truth is that I play less and less.
|
|
|
First of all, I have no anger or bad intentions towards W.Buffett, I just want to emphasize on this matter that we know that Buffett is the number one critic or anti-crypto.
I do not agree with that. I think number one, to the point of ridiculousness, is Peter Schiff. I do not agree with that. In Buffett's case, his criticisms of bitcoin are quite similar to gold. He doesn't like it because it doesn't produce anything, it doesn't pay rents or dividends. The fact that he has invested in this company that now offers crypto-services is normal to a certain extent, since the cryptocurrency market is getting bigger and bigger and covers many areas of society. He also spent a long time without changing his cell phone and without investing in technology, finally he changed his cell phone and bought shares of Apple, being his biggest investment. For the little time he has left to live, do not give so much importance to what he says.
|
|
|
If they were a bit smart what they would do is HODL them and keep accumulating as many as they can seize, as I am sure that in the future Bitcoin reserves for the states are going to be like gold reserves today. The only thing is they need a much smaller space than Fort Knox to store large amounts.
|
|
|
Anyway, we already have another story in this section that makes me doubt whether it is invented, typically to get merits, or not. As I can't verify it, I will give the OP the benefit of the doubt, but in this case it would be good to know what amount we are talking about and what part of the net worth it represents, because it is not the same to have given her 0.001 Bitcoin and that is a small part of your net worth than to give her 0.5 and that is exactly 50% of your net worth.
On the other hand, to make it right, when you get married, it would not even be necessary to give it to her, because everything would belong to both of you, but this depends on the country and the legal regime, if you marry in community of property or separation of property, things like that.
In any case, I would appreciate more specifics in this regard.
|
|
|
It is very dangerous for someone who wants to get rich quickly from investing in Bitcoin...
Not only with Bitcoin. In general, wanting to get rich quick is a bad idea because it usually ends up with you losing your money instead of getting rich. And even in the cases that succeed, such as those who win the lottery, there is a majority that after 5 years have lost everything and in some cases are even more indebted than before they won the prize.
|
|
|
My experience might be similar to the others, I started with mostly casino games before moving to sports betting.
Something similar happened to me. First it was slots, apart from lotteries, for example, and eventually I discovered poker, which gave me a lot of respect at first, because although I read information saying that you could earn money in the long term, I did not quite trust it. In the end, I studied, I put it into practice at first with little money and little by little I could build a bankroll and go up levels. After that, from time to time I have also played casino games, but always in a timely manner and being aware that they are EV-games.
|
|
|
Actually I think it doesn't just apply to young people, feeling productive is essential to feeling alive as you get older. That's provided you have a certain intelligence, because there are people who spend the day in the pub drinking beer and talking about rugby and that's enough for them. But in general, having a job that satisfies you and staying productive in it is an important component of overall happiness.
|
|
|
Well, then it seems that the $1.5K was not confiscated for no reason, but that the casino had their reasons, as usual, because according to them the OP has broken the rules. The only thing left for the OP if he is sure he is right would be to take them to the ordinary courts but it would cost him more to do so than he could recover. I'm afraid there's not much more we can do from this forum.
|
|
|
It seems like you are doing a good job. The only thing, I imagine that the LN is done through some centralized entity, isn't it? Otherwise you should open a channel to send that $1 to each person. In general everything that involves a popularization of Bitcoin seems to me a good idea even if it does not fit perfectly into Satoshi's initial idea of P2P.
|
|
|
These mega-bullish predictions aren't new from these crypto personalities. Credits for Cathie Wood for building a respectable investment management company, but her predictions on Bitcoin don't sound practical or realistic to me. Of course she probably means it that way to stoke a certain level FOMO among investors. Who knows, it could become a self-fulfilling prophecy, but I don't see this as a great way for Bitcoin to grow. Well, see you 7 years from now.
Of course, the problem with the prediction is that whoever makes it has an economic interest in it being so, even though they will have done their research and put in three scenarios to reinforce the appearance of objectivity. I guess it doesn't say anything to us on the forum, but I think that predictions of this style attract retail investors, especially in bull markets, when many of them come to the fore.
|
|
|
|