Bitcoin Forum
May 27, 2024, 06:45:59 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 ... 366 »
141  Alternate cryptocurrencies / Altcoin Discussion / Re: Staking Coins With Annual Returns - Good Idea on: August 26, 2023, 04:58:20 PM
Some coins do have good APY (beware of coins that give you very high APY. Google it and you will know why it is bad) and if you are holding those coins, why not stake it? The rewards can be considered as extra profit while holding your coins. There are coins that you can stake without have to lock your coins. You are free to use and sell those coins whenever you want. You may want to look at those. And use your own decentralized wallet to stake. Don't use exchanges or thirdparty wallets to stake. Highly likely you might lose your coins.
142  Economy / Gambling discussion / Re: Security measures in casinos are better than exchanges! on: August 26, 2023, 04:45:51 PM
We heard that data breaches and hacks in the crypto currency exchanges are more often and almost every exchange faced that but when it comes to casinos they're actually better in that isn't it cause I don't see any casino's got hacked like exchange which means the casinos are having better security standards when it comes to protecting the data and funds.

If that so then how is it possible for the casino why not by the exchanges.

Your thoughts!!!
Not true. Both, the casinos and the exchanges have equal risk of getting hack or breached. It is just that the hackers or criminals target exchange more than casinos because it is more "profitable" for them to go after exchanges. And it is not true that casinos don't get hacked. There are thousands of online casinos and you will  hundreds of cases where casinos have been a victim of getting hacked and losing user funds. Never store your coins in a casino thinking that it will be more safe than exchanges. Always use your own wallet where you have access to the keys and keep the wallets secure.
143  Economy / Economics / Re: It's good that financial instutions Understood that they need to use crypto on: August 26, 2023, 04:33:51 PM
Yes paypal use crypto but instead of eth many users was expecting the TRON blockchain its faster cheaper and more used.
Eth transactions still too expensive i hope they start use TRON soon
It is actually good that they are using a more well known network other than TRON to issue their stable coin. ETH network has been proven to be reliable for years. Yeah, it is expensive, but not as much expensive right now like you are making it sound. People would rather want to use a truly decentralized chain, instead of using a semi centralized chain like TRON (even though they claim they are fully centralized, if you dig deeper you will know that it isn't). Yeah, its true that more financial institution is using crypto, but its useless because it centralized. We already have fiat for that. Why would be need another central currency?
144  Bitcoin / Bitcoin Discussion / Re: How do you go about realizing gains? If you opt not to, what is your reason? on: August 26, 2023, 04:21:47 PM
We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.
The best way to do it is by setting a goal. Once you reach the goal, take your profit. Now you can either enjoy your profit and leave, or start investing again. You can do so by setting a new goal. Maybe set a new "buying" price so you can buy at low and sell at high to reach your new profit goal faster. But beware that the buying price you may want to buy at might never reach there and you will be waiting literally forever. So its better to invest whenever you can and just set a profit goal9 because we all know in the long run the price will go up and you will be eventually reaching that price point you wanted to sell at (as long as you are being realistic with the price). Know the market first before you do anything. Some people opt not to take profit because they want to accumulate as much as coins they can before they sell it.
145  Economy / Trading Discussion / Re: Bitcoin holder are not maximizing the bitcoin potential on: August 26, 2023, 04:03:43 PM
Yep, the world of Bitcoin offers more than just holding your coins! Its price swings can be a trader's paradise if played right and one takes proper advantage of the volatility. While the long-term holding strategy has its pros, experienced users who understands trading can make some good profit by day trading. That being said, it's not for those that can't afford to risk, and one should definitely educate themselves thoroughly before diving in. I've seen a bunch of people check out resources like the one you linked and it does help to get the basics down. But always remember, with reading or watching tutorials won't make you an expert. You need to trade, make errors and learn from it to eventually become good in trading. The risks involved is much higher than just holding. Hence, most people prefer holding since you still make profit in the long run.
146  Economy / Gambling discussion / Re: What does it take to play casino? on: August 26, 2023, 03:18:26 PM
It must have capital Cry

However, which one should you be more dependent on when it comes to making money from the casino!

Is it really good luck for you?
Which basic technique to use?
It's mostly about luck since most games are pure chances and the numbers are completely random following no sequences. Even when you feel like you're on a roll, always remember the house has an edge and eventually, your streak might run dry and you may "go out of luck". There are games like poker and blackjack where some skill and basic technique come into play, but again, a lot of it boils down to luck (I mean, who knows which card you'll draw next, right?). Yeah, strategies can help to an extent, but never forget the unpredictability of the game. If someone says they know a "strategy" that will always let you win, he is lying.
147  Economy / Gambling discussion / Re: Peer pressure as a substantial gambling catalyst. on: August 26, 2023, 03:05:00 PM
Peer pressure can have a good effect, especially when it comes to things like gambling and betting. When you see someone win big and they boast to you, you will feel like gambling, no doubt, since sadly you don't see how many people around you are actually losing money when gambling. If a friend shows off his big win to which lets say if he won with one single bet and got lucky, it definitely will make you thin why not you. But I don't think someone tipping you money to place a bet is a form of peer pressure. You are receiving free money. Why not just try your luck and leave?
148  Bitcoin / Bitcoin Discussion / Re: Is it worth it to teach older people about bitcoin technology? on: August 26, 2023, 08:39:56 AM
Of course it is worth teaching older people about bitcoin technology. I mean not how it works or the technical aspects behind them, but how to use them as a regular currency for making day to day transaction or how to keep your wallet secure and safe when investing and holding for long term. Not sure how old you mean when you say "older people" but age shouldn't matter. If you want bitcoin to be a global currency and adopted by everyone, then each and everyone should know how to use it. Would bitcoin be considered a global currency if the older people doesn't know how to use it?
149  Bitcoin / Bitcoin Discussion / Re: I think we need to start asking people if...... on: August 26, 2023, 08:36:20 AM
Sure, it's not a bad idea to go around asking people if they want to accept bitcoin when paying for things. Who knows, they might be interested and out of curiosity, they might even accept it. But, this is only going to happen if the amount isn't too big. Maybe for $10 or $20. I doubt someone who doesn't know much about bitcoin would be willing to accept $100 in bitcoin and take the risk of losing profit. And you might want to be cautious. Don't go around screaming you have bitcoin. Some might think you are rich and the next thing you will see when you wake up is that you are tied under a basement.
By the way, what made you think that a plumber wouldn't know what bitcoin is?
150  Economy / Gambling discussion / Re: Can money be saved in gambling sites? on: August 26, 2023, 08:29:21 AM

Is good to save money for future use so we can make good use of it when ever we need to, now what if you decide to save money in your betting account will that be possible to?
We can decide not to save money in our fiat bank account or any other micro finance bank account for one reason or the other and save it in a licensed gambling sites can that idea be possible, will the money deposited there not be tempered with from the gambling platform or removed automatically from the account after keeping it for a long period of time?
I know it might be very hard to save money in a gambling site because we  might have the feelings of winning if we try to stake, it can be hard for a gambler to save money in a gambling site but it will be easy for a non gambler, I put in mind that everything start one day so even a non gambler can try at the first, I bring this discussion here so we can discuss about it to keep our selfs busy.
Saving money in a gambling site? That's very risky! Here's the thing, when you deposit money into a gambling platform, you're essentially giving them control of your funds. You no longer are considered the owner of the coins since you don't own the keys to the wallet. It's not like a regular bank where your money's protected by regulations and such. If that site gets hacked, goes down, or just decides to do something shady, you could lose everything. And yeah, even if you're not into gambling now, having funds in there might give you that "just one try" craving. Hambling sites aren't built for saving, they're built for playing. Use your own wallet where only you have access to the keys.
151  Economy / Economics / Re: Economic Crash may take bitcoin to 1M dollar on: August 26, 2023, 08:23:49 AM
The idea of Bitcoin hitting $1M is wild and we have been hearing about it for years. It never happens though because as you know, BTC has always been the rebellious when it comes to the market and its price. It has always being doing its own thing. There is no way one could predict accurately what the price is going to be. Sure, if there's a global economic meltdown, everything might take a hit temporarily, Bitcoin included. But given its decentralized nature, whatever effect Bitcoin is going to show, it is going to be temporary. So even if it stumbles with a market crash, I bet it'll bounce back quicker than most and might reach the $1,00,000 mark (but its not going to happen. lets be realistic here), but eventually we will see a correction and it might go back down to $100k. But yeah, if the traditional system's going under, more people might see Bitcoin as the lifeboat. So we will see the price going up in the long run.
152  Economy / Economics / Re: What Actually Drives People/Gov to Adopt New and Bold Decisions on: August 25, 2023, 06:01:23 PM
Everything kind of a boils down to money to be honest. People, countries, big corporations, governments – all chasing the same one thing, money. Money that gives you power and lets you control everything. It's like we're hardwired to compete and dominate, especially when dollar signs are involved. Sure, there's politics, power, and all that jazz, but money's the main tune. If these people hear that there is opportunity in making some quick bucks, they will all run towards there and compete with each other. They will be the first one to take bold decisions. Why do you think most people are trying to adopt crypto currencies? It's because people can make nice profit by investing in crypto or working with crypto. If all crypto currencies were stable coins, I doubt we would be seeing more people interested/using crypto. They would all stick to fiat currency.
153  Alternate cryptocurrencies / Altcoin Discussion / Re: If there was an instant transaction coin on: August 25, 2023, 05:18:17 AM
There are already some coin that are almost near instant. I mean the network confirmation takes only few seconds. Most likely it won't be the same when lots of people start using the coin and the network is congested and under pressure. If there was a coin that was instant, then it would most likely be a "centralized" coin and the network security might highly likely be very weak. We don't need a centralized coin. We already have fiat currencies that is fully centralized. So my vote is "we don't need it".
154  Economy / Trading Discussion / Re: newbie with newbie questions on: August 25, 2023, 02:15:46 AM
So, I was wondering how you do trading?

1. Which exchanges you use and why?

2. Proces... so first you screen the coins, how? You get signals from somewhere? Where? Telegram groups? Is it reliable? You pay? After screening the coins then proceed to technical analysis or chart analysis? You do daily trading, scalping, swing... what is your method and why?

Thanks for answers.

1. Use well known exchanges. Don't store your coins there for long term. If you are done trading, send it back to your own wallet where you control the keys. No matter how "well known" the exchange is and how much they boast that they are fully secured and insured, there are always chances that the exchange might get hacked and you might be left with nothing.

2. Go to coinmarketcap or another similar website. Look at the marketcap, volume and other parameters. Decide for yourself. Don't join those "telegram" groups. They will most likely scam you or shill you into investing in some shitcoins that they will pump and dump.
155  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin at this Price limit its Global Adoption? on: August 24, 2023, 05:16:11 AM
Michael Saylor stated that people buy Bitcoin at the price they deserve. Just a few days ago, Adam Back made a bet on Twitter that Bitcoin would reach $100,000 by March 31st, 2024. Here's a concern I have, do you think the predicted increases in Bitcoin's price to $100,000, $200,000, $500,000, etc. will limit its global adoption? Since the price will be so high, the average person might not be able to afford a substantial amount of it. As a result, they might seek alternatives, potentially hindering global adoption. Could the excessively high price lead people to feel like they missed out, causing them to hold onto seemingly worthless fiat currency?
You don't have to hold or own one whole bitcoin to bring "global adoption". You can still buy fractions of coins and use it like a regular currency. If you can afford to buy $1,000 worth of bitcoin, then buy it. You can still make profit from it and it is never too late. Like you mentioned, the prediction price "increases" eventually, which means that eventually the $1,000 you are holding will turn into $5,000. Still better than not buying anything because you think that the price is high. On other hand, if you still want to whole "whole" coins, then go look for other good altcoins and buy them.
156  Bitcoin / Bitcoin Discussion / Re: BTC will hit new high, as crypto bull billionaire predict on: August 24, 2023, 02:29:28 AM
You know just because a "crypto bull billionaire" predicted that the price will hit new high soon, doesn't mean it going to hit, right? All he is trying to do is convince people that the price will hit a new all time high so people start FOMOing and start investing right away. No crypto billionaire in the world can exactly predict when the price is going to skyrocket or hit a new all time high. You will notice that almost all known "crypto billionaires" are always optimistic about the price in the upcoming days.
By the way, isn't this the same guy who said Terra/Luna is the next bitcoin? Lol, why are people still listening to him?
157  Economy / Economics / Re: How to developed your capital on: August 19, 2023, 05:17:08 AM
What exactly do you mean by "develop" here? You mean build your capital? Then the only way to do it is through saving and investing. Reading "financial" books or watching videos won't honestly be helping you. Experiencing is a whole different thing and you learn more when you experience it in real life. Also you need to be discipline and be responsible financially. Most people fail to save because they tend to buy things that they don't actually need. And like you said, you should only spend what you can afford to spend. The "afford" part includes your capital too. Spend what you have left after you have saved enough to build your capital.
158  Economy / Gambling discussion / Re: How Technology is Changing Sports Betting on: August 18, 2023, 04:12:03 AM
Top 4 Technological Advancements for Sports Betting

Bitcoin and behind the scenes blockchain technology

We should start with the most obvious and most important advancement, how we manage our betting dollars. When we wager in old school, traditional, currency like dollars we must often use a middle person.

In this case, that middle person is almost always a credit card company. However, when we wager in bitcoin, we use peer-to-peer, decentralized technology, that allows us to bet in mBTC, a thousandth of a bitcoin.

Bitcoin uses proof of work, which makes it ultra secure. Not only that, but advancements in blockchain technology, protocols like PraSaga have solved the trilemma – – a blockchain that’s decentralized, scalable, and maintains proof of work-like security, means advancements in bitcoin and blockchain betting will only increase.

Sports betting AI

We add a question mark to number two. Eventually, AI will get so advanced that an artificial intelligence program should allow sports bettors to quickly identify bets with the highest probabilities of scoring wins.

Ah, but what’s good for the sports bettor is good for the sportsbook. Sportsbooks won’t ever shut down wagers on AI driven bets one-hundred percent, but they may request a larger vig, more juice, to place bets on AI driven options.

So AI driven options may present a double-edged sword. All advancements in all technology isn’t always the best thing. Sharpening your handicapping skills will always be the best option to finding winning wagers because AI will never develop sports betting intuition.

Advancements in sports betting acceptance

Acceptance isn’t exactly a technological advancement. But it qualifies for this list because it’s a major advancement in online sports betting.

U.S.-based organizations like DraftKings and BetMGM have opened the door for sports betting as a viable, accepted, form of entertainment. However, organizations like DraftKings and BetMGM are running traditional operations, meaning they are as centralized as a brick and mortar Vegas sportsbook.

To get true decentralization, to have the power of a sports handicapper in your hands, you must use a bitcoin and blockchain sportsbook.

Read more→ https://n2g.io/e622977

This sounds more like a promotional post where you are trying to promote a "coin" along with your site I guess. Anyway, using bitcoin doesn't mean you are doing "decentralized" gambling. You are using a centralized platform to gamble, which most likely has all your information and can confiscate/scam you anytime you want and you won't be able to do anything.
I doubt you can use AI to predict your bets accurately. AI's can't predict the future. They can give you probabilities based on past data (which people already do. How do you think we get the odds?), but they can never help you guarantee a win.
159  Economy / Economics / Re: New Research found Work from home workers to be less productive on: August 17, 2023, 05:20:26 AM
Don't know how much accurate this "research" is, but it depends from person to person. There are people that wouldn't get work done or are "lazy" and would require constant supervision. If they aren't pushed, they won't be working efficiently. Then there are people that are more productive when they work from home, since they don't have to "deal" with people and can work at their own pace without worrying about anything. Then there are jobs that will consider you inefficient and less productive if you aren't delivering more than you should have....
160  Economy / Micro Earnings / Re: Is there a site where you can withdraw without deposit? on: August 17, 2023, 05:01:13 AM
Are there sites where you can actually withdraw coins? I mean gambling sites. It doesn't have to be a lot of money, but I used to have the impression that there were more sites like this and it was much easier to withdraw free money. I know there is freebitcoin that gives you free btc every hour, duckdice is also a faucet - do you know any other sites you can recommend?
i doubt any casinos will let you withdraw coins for free if you don't make any deposits and play at that casino. Read their terms of service before you play or you will end up regretting. You shouldn't think casinos are here to give charity. They are here to do business. If they allow free withdrawals, imagine how many people will start abusing the system. How many of them will start creating multiple account to claim all those bonuses. It would be very frustrating to deal with all those multi accounts abusers. If you are looking for free coins, casinos aren't the place.
Why not work for the coins and money? You would be making more money working instead of wasting those time looking for peanuts.
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 ... 366 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!