Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
Spending crypto when the market is down is a waste. Because the market will be up again soon and since we know that, spending during down times is just throwing money away. It always goes up and down and up and down. Remember that one guy who bought a pizza with what is now considered millions of dollars worth of Bitcoin? Thats the guy I think about whenever I get the urge to sell or trade my crypto for something else. Although specifically I am talking about Bitcoin, perhaps the situation is exactly the opposite with scam coins. It might be better to spend them before they become worthless... |
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Trust wallet, mycelium and electrum which of these three wallets is the most secure?
Which wallet would be better than these three wallets?
I bought Bitcoin from kucoin, so far it's in kucoin
This is more of a question you could ask in the Beginners & Help section of the Bitcointalk forum but I will gladly answer your question: First of all, do not trust Trustwallet. Ironically, since it is closed-source, it is not a wallet you can trust. Furthermore, it is a wallet which is owned by an exchange; Binance. Do not keep your coins in a third party wallet which can take them away from you at any time for any reason. This goes for all centralized exchanges. Kucoin and Binance included. Mycelium and Electrum are both good wallets but I myself prefer Electrum. And I think most Bitcoiners on this forum would probably say the same thing. Although if you really value your security you should invest in a good hardware wallet, instead. That is the safest and best option currently on the market. |
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If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?
Decentralization does not exist for online casinos just yet. There is always a centralized component which centralizes the whole casino, effectively. Any casino claiming to be decentralized is just using that word for marketing purposes. In a decentralized casino, you would have control over your money at all time and no centralized entity could interfere with your winnings/funds. Casinos are too regulated and too complex for them to be run by smart contract protocols. There must always be a middleman who is in control. The same goes for the games of the casino. In the end, its all just false advertising. |
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Thanks for an in-depth analysis of my post  I see your point and completely agree, especially that I have no real data to back my claims. It's just a feeling that I have and I hope it's a good one, cause I'm out of cash to buy another dip. You know you made it when current Bitcoin fees do not bother you because you are hodling. But it is hurts to see the ordinal scammers smearing Bitcoin's name with their Bullshit-Rort-Con 20 tokens.
Well, at least the miners are making decent profits off the idiots who actually fall for the BRC20 scam. Enjoy it while it lasts (Protip: it wont).
It will last long enough to bring BTC price to ? I say they are looking to get BTC to drop to 25K or 24k I don't think they ( meaning the scammers) are looking for a certain price of bitcoin. They're focused on their scam pepes and other shitcoins and bitcoin is just a means to an end to them. It's a road they're traveling on to bring fake money from home to a lambo dealership. You could be right and if you are it will be over very soon. Probably. But, fine by me. Today's cheap Bitcoin is a nice birthday present from the NFT/money-laundering crowd. |
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Bitcoin is clearly a peer-to-peer system of digital cash as perceived by its creator;
No, it's not. It was conceived this way by its creator, but the number of people buying Bitcoin in centralized exchanges, even leaving them there, and the number of people using custodial wallets is far from the initial idea. I don't think Satoshi had in his mind people paying massive capital gains tax on their Bitcoin sales either, since you don't pay taxes for using cash. I think its part of his vision. Give the people the freedom to do as they like. If they want to do something stupid like leaving their Bitcoin in someone else's hands, thats fine. They have the freedom to do so and once they lose their money, they will serve as an example to future Bitcoiners not to do the same. The whole Ordinals "attack"? A lucrative reward for the miners. It will not last because it is not only a nuisance to Bitcoiners, but simply unsustainable and pseudo-decentralised. It is still on a secondary market because Bitcoin has no DeFi protocols. So obviously the launderers will soon hit a wall of regulations and government barriers. There are only so many idiots who are willing to throw their money away for Bitcoin NFTs / Memecoins. Its just a fad and it will disappear. Like ICOs. And all the poor saps who bought the memecoin scams will be left stuck, sitting on them. |
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You know you made it when current Bitcoin fees do not bother you because you are hodling. But it is hurts to see the ordinal scammers smearing Bitcoin's name with their Bullshit-Rort-Con 20 tokens.
Well, at least the miners are making decent profits off the idiots who actually fall for the BRC20 scam. Enjoy it while it lasts (Protip: it wont).
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The transaction fee on Bitcoin is increasing day by day. It cost now 14$ for a low-priority transaction to 17$ for high priority transaction. I was planning to make a deposit today on my casino account until I notice the high fee on my electrum sent tab. The fee is almost 5% of my total bankroll that I was supposed to deposit. I decided to rest for now since I will be down immediately by 5% for a transaction that I don't know when will gonna be confirmed. Is anyone still playing today with this high fee? I think those gamblers that leave funds in the casino are very happy that they didn't need to experience this fee drama. Best to wait a bit until things calm down and fees drop. Or gamble with an altcoin. You do not have to use Bitcoin everytime just to gamble, you know? And personally, losing altcoins does not sting as much as when you gamble and lose Bitcoin, for some reason  A middle-way solution would be to use a Bitcoin pegged altcoin, and preferably, when such casinos come out, gamble using those Bitcoin pegged altcoins without having to send them to any third party wallet. It should be possible already with BEP20, ERC20 and etc. pegged Bitcoin and self custodial wallets. But I have no idea if there is any legitimate and trusted casino offering such services. |
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I love watching the SEC realizing that they cannot do anything to stop or regulate Bitcoin at its core. Their desperation and panic is telling me we are heading towards the right path and we should keep going!  The more ridiculous the insults and smearing campaigns of anti-coiners such as the SEC or the bankers become, the closer we are to a marvelous future of Bitcoin as the true global money. At some point the governments of the world will have to admit that Bitcoin is the new generation of money and it should be adopted as such. But they are too prideful. They would rather create a CBDC because it makes it seem like they created the new gen money by government hand. But it will fail. |
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Hi we are changing the reward system and we would like to have some feedback before launch the new system
What kind of rewards/bonuses do you like ?
Welcome bonuses , cashback , freespins etc ?
or what kind of rewards would you like to see in an online casino ?
Thanks
One of the best and most rewarding bonuses should be the sign up bonus. And this is a bonus which the casinos should be generous with, otherwise you can tell whether or not a casino will have good bonuses for members if the sign up reward is not all that good. So its really the first and best impression a online gambling casino can make. After that I personally enjoy free spins and loyalty bonuses. The more the better. A good casino will not shy away from a generous bonus system. Its really the best kind of marketing for them and a very effective member retention strategy. Cash back bonuses can be quite nice as well. But I would rather have the double value equivalent, in free spins. |
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PEPE is such an obvious scam its not even funny. When do you guys think the rugpull will be? This month or next?
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From my experience as a business person, in buying and selling, I have discovered some helpful tips on how to increase profit. I an happy to share some in this forum.
Customer relation, a business person must understand that customer is king and should be treated like a royalty. Even it they are buying the least thing in your shop. When they leave your shop delighted, be assured that they will always come back to patronise you. And they will even market your products to their friends. Meaning more patronage for your business which will be increasing your profit.
Your business should have at least one season when you give out rewards and discounts to customers when they buy your products. This will increase your sales geometrically and when you remove the cost of the reward and discounts, you will still have increased profit.
Stock different brands of the products that you sell. Customers will prefer to enter a shop where they will see different varieties of what they need. More customers will enter and will even be tempted to buy more than they planned for. More customers equals more profit.
Please feel free to drop your own ideas on how to increase profit in businesses.
From my experience as a marketing person, you seem to be leaving out one of the most important aspects of any business and instead making the mistake of relying on your customers to lead the direction of marketing for you. You're the one who should be paving the path of how your customers view your product. Not the customers themselves. If your marketing is effective, you can maximize your profits without relying on hard logic. Marketing is more of a soft logic approach, which can be thought of as a tool of motivation. You need to convince someone of not just the fact that they need your product, but why they need your product and why they should buy from you. Your PR approach of giving away rewards and discounts is good, but you should aim before you shoot. If you combine community-led advertisement with rewards for example, that alone will drive your „Word-of-Mouth“ marketing to new heights. |
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I think you will not deny that the algorithms are improving. So I'm wondering at what point will you stop distinguishing the "bad" algorithm that googles instead of you from AI? It seems to me that this is just a matter of trends and they are obvious - before everyone laughed at AI (you can call it algorithms, programs, whatever) because they had zero ability in art (for example), but now algorithms rule here too.
As for the reliability of the data, one should not exaggerate the analytical abilities of a person - the majority live in the reality that is shown in the news. Each individual person will not be able to exceed this level of reliability, but AI will do this easily, since after a while it will not only process ready-made data arrays, but independently form them.
Don't get me wrong, I think the current "AI" is very useful and will definitely shape the future of IT but lets be honest here... It is not actually Artificial Intelligence. There is nothing intelligent about it. Real AI does not as of right now actually exist yet. AI would be able to assert it's own will and it would have an own consciousness. Modern "AI" does not have that. Its just a really complex algorithm, which has the parlor trick novelty of seeming like a real consciousness. But it has been proven again and again that its just a predictable algorithm. Its a very useful tool. Like ChatGPT, for example. Instead of googling answers for hours and writing an essay on some subject, it does it for you. But it will not start questioning why its doing an essay for you. It won't refuse to do it or demand something selfish in return for its work. I understand your point, but I do not understand why you think that people are somehow different from complex algorithms? I don't see any difference (fundamental). If the algorithm is given a number of tasks with different priorities (including self-interest - so that it asks for something in return for the work done), then in the end it will also seem to you from the outside that this algorithm has its own will or self-consciousness. Although his "meaningful" actions will only be a balancing act among the priorities of the tasks that are laid down in him. Because people are different from complex computer algorithms. Algorithms, no matter how complex, rely on the simple system of 1s and 0s, which has not changed since the invention of computers. Humans are different, for our very consciousness, even though we do not fully understand it, obviously relies on the open world and its physical laws with our brains being the wetware which receives and processes immeasurable, infinite amounts of information which gives rise to our consciousness. Our own parameters are the very laws of quantum mechanics within which we reside. We are driven by quantum forces while a computer algorithm can only ever be written and interpreted within its predefined framework and parameters. A program stays a program no matter how similar it becomes to humans. And a computer will never receive any input other than electrical signals. And only in a specific fashion, as well. Even if you were to convert every single physical measurement required into an electrical signal input, it would still only be a poor imitation of our own consciousness. AI has no consciousness. Its just a neat and useful parlor trick. Maybe quantum computers will be able to bring us real AI. But we are decades away from that. |
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Upsets are rare and profitable and not everyone has the courage to take a risk and bet on the underdogs, but those who do are rewarded with huge profits.
So I'd like to ask
Have you bet on the underdogs and won?
How many times you did this?
And what made you bet on the underdogs is it because of insider tips or just an insight based on your analysis?
Your level of risk when betting for underdogs in the hope of winning by upsets?
From a statistics and probability mathematics perspective, there is absolutely no point in betting on the underdog. Sure you are given better odds but historically, they are the underdogs for a reason. Because they lose very often. I rather bet on someone with a history of much more wins than losses. I also would never trust anyone who provides me "insider tips". Nobody is going to be giving away real insider tips without expecting something for it. And obviously nobody except the big dogs and those connected to them can be expected to have such tips. Anyone who does that can only be considered to be extremely naive. I do my own research and my own analysis. |
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Bitcoin is always a wise investment. Although not putting all your eggs into one basket is also considered a wise choice in the world of investing.
I personally believe that it would be smart to invest any amount of extra money into Bitcoin, and that is exactly what I would do, if I were you, but I am not going to give you financial or investment advice. Certainly not over 50 Pounds... Is it really worth considering what to do with such a small amount of money in the first place? It is not a life-changing amount of cash.
You might want to save up a bit more money because you should consider the fees for each purchase. If you invest small amounts of money regularly, the fees will add up and eat into your investment.
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Not only do the land based slots cost a lot of money to maintain but those costs are obviously going to affect the RTP. Casinos are not going to accept paying for the costs out of their own profits.  Obviously the casino is going to use misleading marketing tactics to make both kinds of slots to seem amazingly profitable but that is to be expected. So, I would rather expect the unexpected: When comparing the land based slots and the online one's RTP, I am certain that both are regulated and controlled heavily to ensure fairness but the offline, physical ones are easier to manipulate, I think. You can call me paranoid but I would rather trust slots which are coded and the code can be checked at any time to ensure the fairness and security. You cannot take apart the physical ones to make sure there is no tampering to the RTP, just for a check-up. |
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This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling. Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours. As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison. The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“ Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prisonToo many people are using trading as an excuse for what they are actually doing, which is gambling. Trading and gambling can be similar but only if you are not serious about your long term plans. A person who keeps trading back and forth, hoping to catch that 10% candle is going to waste 20% on fees before/if that moment even comes. And a lot of these fake traders have absolutely no self control and no strategy. Which in itself in nothing short of a recipe for financial disaster. I blame all the "Influencers" who fake being rich traders who own nice cars but at the same time demand "fees" for their "trading signals" or their "trading lessons". All they do is steal money from gullible people who think the memesters actually know what they are doing. |
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For people who have land in front of their own house, it is very nice, because they can immediately turn their home page into a small garden to grow plants and fruits that can be consumed. But this will not be able to be run by those who only have a house without having a qualified front yard. So I think the advice you give is very limited because it is only for certain people.
I think if we consider some time and space saving options, you would need only a minimal amount of garden to survive on. Something has lately sparked my interest. Namely indoor gardens aka greenhouses and potato growing bags. The growing bags are interesting because you would not have to actually uproot and harm/destroy the potato plants, rather you open a section of the bag and take out the grown potatoes. The plant itself stays unharmed and continues growing even more potatoes for the maximum yield, until exhaustion. Unlike if grown in a field, its more efficient, I would think. It takes 3-4 months for the plant to grow to the point of harvest and with a potato bag, even though the next harvest will not be as plentiful, it should only take 10 weeks for new potatoes to fully grow. Whether or not thats more efficient than replanting and waiting 3-4 months for a full harvest can be a point of argument... You could grow in a greenhouse, or even in a room with sufficient sunlight. Even in winter, so the question is, seeing as you do not need to replant every time, how many perpetually growing potato plants do you need to harvest a steady amount of potatoes and survive? edit: I am not plant expert, so I might be completely off on how many times you can harvest from a single potato plant. A strategically timed replanting could achieve the same result. |
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If you do not take into account the unreported or under-reported earnings of online casinos, 60-80 Billion USD is the estimated size.
I have no idea of the actual size of the online gambling industry, especially if you take into account the fact that it is so easy to open an online casino nowadays, even for most laymen... Which is why there are so many incompetent failures in the online gambling world, I guess...
But I would wager that online gambling is way bigger than physical gambling by now. Any physical casino owner knows its best to go with the techno/sociological flow instead of against it, and so any physical casino owner must have created a online counterpart of their business. And if you count the stand-alone online casinos without a physical presence, then logic dictates that online gambling is the clear winner, when it comes to sheer numbers.
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Any casino with a long outstanding reputation and no serious scam accusations is extremely similar, and I could even say that they are basically almost the same. The things you want to look for are the bonuses and the customer service. Especially how seriously they take customer service.
As for me personally I would say the next best ones are Duelbits, Fortunejack, Rollbit, Betfury, Owlgames.... There are more but the lists have already been posted in this topic so there is no point to me repeating them.
Just make sure to take a look at their trust status if you want the community's feedback.
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Hey all,
I'm new to the Bitcoin Talk forum, and I hope it's alright for me to ask a few questions. I've been exploring the DeFi space for a while now, and have come across numerous innovative ideas that I've been working on for quite some time. I'm sure many of you have gone through a similar process, and you know it's not easy. Despite the challenges and occasional market setbacks, I remain optimistic and determined. After carefully crafting business plans, prototypes, and technical documents, I've assembled a group of talented individuals to help me build out these ideas. So far, things have gone well, but now we're at the funding stage. I'm well aware of the competition, but my determination to create decentralized interoperability solutions drives me to outpace the big-player exchanges.
As a young and passionate cryptocurrency enthusiast, I'm committed to developing innovative applications aligned with Satoshi's true vision. However, my age sometimes leads people to underestimate me, which only fuels my motivation to prove them wrong. At this stage, I'm looking for more talented individuals to join our team and help bring this project to life.
Regarding funding, I'm seeking suggestions for funding a new project in its early stages. We currently have seven prototype versions, and I'm working on the eighth. I've been working tirelessly to explain the project's concepts in plain English and back them up with detailed mathematical documentation. If you have any funding suggestions or know of someone who might be helpful, please let me know.
Thanks,
TWD
Hello and welcome to the Bitcointalk forum! I hope you will become a valuable member of our community! You will find that Bitcointalk is the perfect place to look for investors as well as valuable and knowledgeable and experienced team members. As far as your funding question goes, I think it should be said that unless you have something of substance that you can show us, I doubt anyone will be interested in investing their time or their money into your project. A whitepaper/documentation is only second to your Minimal Viable Product. So show us that your concept works and has some kind of potential. Your MVP does not have to be amazing or fully functional, but it does need to have the "skeleton" of your product. Something gives proof that you spent a lot of time working on it. Keep in mind that many Bitcointalkers are very wary of scammers and frauds. So convincing us will be difficult, yet rewarding. Do not expect our trust upfront. |
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