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Bitcoin has zero anonymity features, sorry mate, this digital asset is not a privacy coin like Monero or Dash, if you want to stay anonymous using Bitcoin you will need to use a mixer service. Your point is accurate and I use to ask myself why too, it's like people are using Bitcoin in the wrong way, no amount of Bitcoin should be deposited on any centralized exchanges from the first day of launch, but we can't control the people, we can only make them see reasons why Bitcoin was never built this way in the first place. Bitcoin is better running through DEX exchanges but we can't stop anyone from using centralized exchanges, all we can do is to warn them not to store their Bitcoin on any CEX.
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Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as a web3.0 casino?
At first, some people claimed that web3 is different from web3.0, I disagree with this because Wikipedia even said it's same, web 3 or whatever you want to call it have everything to do with decentralization, the funny thing is some centralized blockchain projects are calling themselves web3, I don't know what they have in mind, it's like making a fool out of every crypto investors.  I hope that image clears some facts about what web3 is all about, now web3 with an online casino might work out only if the dev or casino owner decide to support the claim ( Decentralization ) this mean that there will be no need to ask customers for KYC or any form of identification. Now the problem is, will the FED, SEC, LAW, Authority or whatever allows such a company to run their business? I doubt it will happen, unless the dev or owner decides to approach the same step that Satoshi Nakamoto took. |
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It is expected, Stablecoins must stay in the crypto space for trading purposes and tokens/pairs only and must in no way be use as money in the open world, with regulations kicking at the door it is definitely the right approach from the Japanese government, CBDC will be what stablecoin wanted to be, CBDC will be more embraced by the government, it's their digital coin but also a bad one for crypto users because I bet that every transaction will be known and trackable, I am somehow against CDBC because monitoring peoples lives is what the government knows best, it's their thing. It's left for crypto adopters to decide if they will really start using CBDC or not. As for me I don't want to have anything to do with CBDC.
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I only know 3 of them Binance, Nicehash, and miningrigrentals are currently trusted sites who offer renting hashrate/Cloud mining.
Other sites are most likely scams and even they are trusted all sites that I mention above it is still risky to invest and rent some hash rate compared to buying your own miner.
The bitter truth is Nicehash cloud mining is not profitable anymore, it was fairly good in 2018 but today it's not anymore, I still rent hash power today basically for newly released altcoins, not Bitcoin, I can see that the service is still running, I don't understand how they can manage to stay in cloud mining business, maybe Nicehash have a massive solar energy plantation who knows? Because the main reason why this is less profitable is the electricity bill to run the miners, unless the cloud mining is Ponzi like so many cloud mining companies in 2017/2018. Some of them end up scamming people while some announced that they are ready to close down the business because it's not profitable anymore. If a company is running a cloud mining service today, it's either they are scammer who doesn't have any mining equipment or they have wind or solar energy with incredible lithium backup to run the whole setup. Be careful, there is a 95% chance that every cloud mining is a scam, they never have any asic miners or any mining farm. |
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Hello guys!
Today I was thinking about Bitcoin and where it will finally go up. And I came to the conclusion that I don't really understand what is the right thing to do with Bitcoin after it will "go to the moon".
So I wanted to ask you all, what are you planing to do with bitcoin when it will go to 70k, 80k etc. Are you planing to sell it or you will keep holding it?
If you will sell it, at what price are you planning to do it?
That's weird 😕, why are you investing in Bitcoin if not for the profit? Every investors have the right to take profits when Bitcoin reaches a high price, or are you asking what is the perfect time to take profit? Because I am kinda confused. When Bitcoin goes to the moon, I expect everyone to take profits and do whatever they like with their profits, a long-term Bitcoin investor who always doesn't want to run out of holding Bitcoin will still take profit and wait for a bearish market then buy back. This is one effective way to increase the quantity of your Bitcoin. I have a long-term plan to keep accumulating Bitcoin but it will be stupid of me to hold my Bitcoin through a bull market where I am supposed to take profits and wait for another good buying opportunity. Many people don't realize that Bitcoin's volatility will always be there as world events always affect Bitcoin, and corrections will always follow every surge that occurs. |
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FortuneJack is a big old casino with high reputation I heard, how true is this rumour because it's still a rumor rights, I do some research online and I can't find a single piece of news about this scam thing, I use Reddit and others, same result.
Also, I see that OP has a few red trusts and it's about someone paying up to ruin another online casino's reputation, I've read about this on the forum before and such behavior should be dealt with, to me fortune jack is clean and I won't believe this news until proven otherwise. For now, I rest this case.
Op if you don't have proof pls do lock this thread until you do, there is no point discussing this with no proof.
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1. Custodial vs Non-Custodial 2. Open source vs Closed source
These two points of mine are very important for everyone to understand before choosing a crypto wallet for storing their digital assets.
Custodial Wallets
are wallets that takes control from users and decide to be their users private keys keeper, meaning they function just like the banks, they keep your assets for you, with this, many things can go wrong, they can decide to close down the business, and they will leave with your money, they have the keys in the first place.
Non-Custodial wallets
These wallets are better than custodial wallets because they give users access to their private keys or recovery seed, even if they go down some day you can easily import your recovery seed into another available wallet, everyone prefers using Non-custodial wallets because they are safer compared to Custodial wallets.
Open Source vs Closed Source
Open source wallets are more transparent, they leave every codes opened to the public, so when choosing a wallet, make sure they are open source, closed source wallets are secretive, they decide not to share their coding and stuff to the public experts and developers for full transparency, some said they are trying to avoid copycats and stuff, but users still prefer open source wallets and it's the best decision ever.
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Banks interest rate is a dream killer, it's never going to bring a noticeable impact into your life than regrets, that's even if you know that there are better alternatives like Bitcoin exists, some people don't know what Bitcoin is in my country, you mention Bitcoin they will ask you what that is, lol, this is a sad lesson you learned mate, but I have good news for you, it's not too late to invest in Bitcoin, and be thankful that we are still in a bear market, so you still have some months left to go, start accumulating now with what you can afford to lose, also please understand that Bitcoin is a highly volatile asset, riskier than stocks.
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In life you have to be rich of something, or nobody want to marry to you, and have build a family with you, you would be foreveralone, and the media would constantly mogging you over and over again for being foreveralone to remain you. And your mum would constantly tell you if you don't get married nobody would take care of you when your aged. Nobody would make a tomb for you, and when you died you would go to afterlife with empty stomach and would suffer straving too in the afterlife. That must be a lot of hurt! ouch!
So back to question. which is preferred? Married to fiat rich or crypto rich? Although crypto can be created at the comfort of your basement, also the value would plummet quickly to near zero too. Do you think in your life, you would ever see someone marry to crypto rich? btw recent news about ftx being rejected to sponsor a superstar due to it is unregistered tell me marry crypto rich might be a distance dream. Also there would be only 21m bitcoin existed, only 21m couples would be able to married rich. When there is billions of population, a lot of couples may not marry rich, due to unequal distribution, some of the crypto super rich would married hundreds of thousand more.
It's pretty funny that you believe that when you die nobody will make a tomb for you, very funny, do you know that if a dead body is lying dead on the ground for some hours, all the people living within the place will start getting sick? Every dead bodies have their places, they can't be on the ground where people are living, if you died and you have no kids or family that can bury you, someone have to do it, for the health sake of people living in that surrounding. Things have gotten to hard in the world today that you will need money to survive, its true that no female will want to live with such a man who has no dream and I don't blame them, it can be very hard to get a partner who don't give a shit about the world and that's the type of people that makes a good life partner, you need a lot of luck to have such people in your life. Still I would advice any man to never marry anybody simply because you have a lot of money, having money can be a curse at times, it is better to pretend and live a lower standard lifestyle to attract those that will love you for who you are and not your money. |
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It's a 50/50 chance where Bitcoin is headed, no one can really say for sure, but I don't mind seeing Bitcoin at a more lower price than what it is right now, because the opportunity of getting more coins still flows through me.
I have some stablecoins in my wallet that I want to use to take advantage of the market, I am only waiting for a better opportunity, not those 15% decrease in price, if Bitcoin can go down to 20k once again it will be a wonderful buying opportunity again.
At the same time, I don't want to keep waiting and waiting, because it will become too late to buy at any moment, those who are waiting for the FED to start cutting rates down don't know that it will be too late already if this happens.
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When humans like yourself make promises to you, just take it with a grain of salt, do not completely rely on it because it's possible that the promise won't be fulfilled, there are mamy people out there that are capable of doing what they promised on others but they somehow derive joy from seeing people begging for their mercy. I have come to understand that you can lose yourself trying to make others do something for you, you gain more respect for yourself when you stop asking people for help and decide to fix all problems yourself, and believe in yourself.
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If you have free good amount of money you can embark on bItcoin mining but make sure you are deriving more than money from mining, it has to be fun for you to enjoy mining, those who are into mining for the gains only don't always last long, the end up selling their mining machines and quit.
Right now Bitcoin halving is coming and your earning will go lower, if you are not ready to hold your Bitcoin for the long term do not buy Asic Miner. Also, it's advisable to have an affordable power grid, if it's not affordable or cheap don't buy an Asic miner.
For most people, they are better off buying Bitcoin vs mining Bitcoin, some people don't find mining as fun or something that could be turned into a hobby.
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I don't invest money easily in any asset because of fear of losing that money. i think of investing 80% of total savings.
do taking risk is important or not?
please quote all question and answer it's very helpful for me and others.
No doubt that you are going to have a hard time making some money in the crypto space, if you are not ready to lose any money you shouldn't be in the crypto space, even the safest asset in crypto ( Bitcoin ) is still risky, so the fear of losing money is not something any crypto investors should have in them. Also, 80% of your total savings should be in the bank, not in cryptic space, 80% is too high, I think that's the main reason you have fear of losing your money, and that's not a safe way to invest in crypto. In the case of earning some income per month, I may be able to invest 10% of that income on Bitcoin, meaning if anything bad happens, I will lose 10% of my monthly income, which is a bit safer than what you suggest. Being safe is better than being sorry. |
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Satoshi Nakamoto is no more active on this forum anymore, it's now left for members on here to answer your question if they feel like, but as for me, I found most of these questions stupid.
The majority of the questions have been answered already that's why I find them ridiculous, you can answer your questions yourself OP if you can think very well.
Even if Nakamoto is active on the forum today I am not sure he will answer your question, unless he found one or two that's not ridiculous.
If the FBI decides to uncover who Satoshi Nakamoto is today, it will be easy if he is active on this forum right now, I have my reasons for saying this, imagine if this forum is the only place that Nakamoto is active on, think about it.
He vanished for the sake of what he created.
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The crypto price madness is almost over in the late of 2021, that's not a good time to start buying any coin because the Bear market is already around the corner.
Even Bitcoin is not a safe investment for someone who doesn't know anything about crypto, you are in on some trouble if you are the one confusing people to invest in crypto.
They don't have the desire, they only want to make money, but off something the know nothing about, this is why I believe that you will be the one to blame if anything goes wrong instead of right.
Let them be the one pressuring you to give them some guidance, make sure they have the desire to learn about crypto, and then you can make things more for them by teaching them.
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Do not panic, a rebound in price is very healthy for Bitcoin right now, I do find it weird that we have this noticeable pullback when there is no bad news in the space currently, I am guessing that whales are the ones trying to manipulate the price, today is Friday and I believe there will be some adjustment soon. I will keep DCA into my favorite projects for now because it's too uncertain to know where Bitcoin value will be by the month of MAY, some people are saying that MAY is always a bearish month, if that's the case I will be able to get more coins through accumulation. It's all good if you are in this for the long term as there is nothing to be worried about. Do you want advice? Keep getting your hands on more Sats before the time runs out, ATH will come like a storm when people least expected it.
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Making predictions and winning money without using your own money is nothing new online anymore, some crypto exchanges like Huobi and BitGet always do something like this, you might ne be asked to predict what Ethereum price will be tomorrow at a given time and they will give up some USDT, BTC or other altcoins for the winners.
Huobi is very popular for this, but most of their questions is always about price of a token, and predictions without asking a penny from their customers.
Since you are going to predict the price, which is about the future I would say it's nothing but a gamble.
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Bitcoin's next bull run will start if its price crosses the barrier of $40k, but that won't be for too long. The high intensity bull run will start after halving, and that will make Bitcoin to reach its all time high. Some people believe that the bull run will start a few months before the halving, but its intensity get higher with halving. However, most investors who are really experts of Bitcoin have common belief that the bull run will start with halving.
With Bitcoin's bull run the crypto market will get many new investors and the total market-cap will cross $3 trillion mark. Many coins will pump to very high levels, and the king Bitcoin will cross $120k price mark with that bull run. But after the bull run the market will face another bear run, and many people will face liquidation of their assets with that. So it's always a wise choice to be ready for those events, and find ways to reduce losses.
You must remember that Bull markets and Bear markets are both parts of this game. If something pumps then that will have to dump sooner or later. I know that after this bull run people's belief about Bitcoin will be strong but still the volatility will continue and the bear run will cause huge losses to those greedy and less knowledgeable investors. Many of them will lose hope once again, and that cycle will repeat over and over.
I still perfectly remember what happened after the last Bitcoin halving event, price never start to go up after the last halving, and things are going slowly still, with the accumulation phase, so do not expect that there will be an immediate skyrocket after the date of the next halving season. This doesn't mean that in the next Bitcoin halving things will happen the same way, some times in the crypto space things work out differently, so be prepared for any price action. A lower interest rate can't be the trigger for the next bull market, it's not the first time with an interest rate, it's just another positive news for the market, and the major thing is Bitcoin halving. |
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Account sellers always have more than one accounts and they keep doing that until they run out of accounts, even after they run out of accounts they will start creating new ones since this is what they do, I do not think these people are selling because they are hungry, mind you, a hungry stomach can never concentrate on anything, not until that stomach is feed, you are talking as if you can go on for days without eating, do you not know how important it is to eat your daily food?
Eat first, so you can think and use your body to do great things, eating must come first or you won't be in a good shape or in the right state of mind. Unless we are talking about those who are too foodies, any small money they make, they are going to get those burgers and eat to get fatter.
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