There is just so much you're asking in this post... Just to cover a few points, that I felt an urge to reply. I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away.
There is no one solution that can solve the depreciation of the BTC market value or the dollar or anything. You go with the flow, and if you're not happy you get out. If people are scared because BTC merely makes a drop (this is speaking in relative terms) then they don't deserve to be in the market to begin with. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?.
Erm, I don't know, you tell me  Everybody sees risks in their own way, even if you buy at 15k and then it drops by 10x it depends on the strategy you decided to enter the market, if it was for long term then you wait it out. If it wasn't long term something fundamentally went wrong when you bought at the top. There's no shifting the blame, you're the only one responsible for your investments. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
Nobody is deceiving anybody. The market is what it is. If you want to be a Gold investor be a gold investor but be sure to be getting nothing close to the rewards you could be gaining from being a crypto investor. Why is that? Because there's more risk associated with crypto, all you can do is make calculated decisions and if you can't withstand the market pressure and movements then probably best to look into a different market other than crypto. |
|
|
|
YES! Many countries accept that COVID 19 vaccines will save them from this worst situation but only if possible the vaccine reach their doorstep. I’m afraid most people of the world don't get the best possible treatment or couldn't manage the cost of the vaccine.
That's the issue most people who won't be able to afford a vaccine will have to face when any vaccine that has proven to be effective and safe becomes available. Governments promise that the challenge is to get a working vaccine but has not yet faced the question of who's going to pay for it in the end - tax payers funds plus whoever else wants the vaccine. I've heard that the vaccine might be free of cost but I've question how long this things will substantial particularly when the world get working vaccine. I really feel for people who don’t have the resources to have required vaccine on hand.
Free of cost!!! I think that's a joke the government makes at people's expense. If they could give everyone the vaccine for free then I'd be proved wrong, and in this case I'd love to be but it all seems like much of a business opportunity for them to pass on so lightly. I think that the real struggle for people is double, now with preventing and doing everything possible to not get the virus and second to be able to afford the right treatment. |
|
|
|
Ahh, good old Warren Buffet. A man that I was told to respect when I was a child. A man that I did respect until I found out what a lying 2 faced pony soldier he was. He campaigned against the oil pipeline saying it would spill oil when the reality was that his rail lines have more oil spills than the pipeline would likely incur. He also champions curbing green house emissions but has no problem flying everywhere in a private jet.
People only listen to him because he has money and can move the market.
And because people listen to these people on the pure basis that they have money and can move the market is where the heart of the problem lies. The more people give in to these people the more they empower them, and thus encouraging them to continue doing what the've always done, and that's blubber for the sake of public facing and getting coverage. Because once someone said, bad press is better than no press at all - you can probably guess who that person is. |
|
|
|
 Some juicy wins on the high roller board today, particularly those Roulette wins by Aguisel935—great job! |
|
|
|
Yes, there's a couple of platforms that offer such opportunities but I don't know of any website that compares / lists all of them so I'll give some details about them. 1. Binance Savings: Binance has a product called Binance Savings that allows users to "lock up" their funds and earn some interest for keeping them locked. The rate ranges from 1% to as high as 21%. You can participate using tokens or using stable coins like USDT, BUSD, USDC etc. Personally, I haven't tried it out but people who has said it's good plus it's a solid exchange like binance – you have to consider the risks too. Website: https://www.binance.com/en/lending#lending-pos2. Crypto.com Earn : This is similar to Binance Savings platform. They offer saving plans for tokens as well as stable coins, interest rate is around 8% to 12%. Website: https://crypto.com/en/earn.html3. Nexo: This is yet another platform offering similar products. Interest rate is around 10% or so. They launched sometime in 2017 and has been around since then. Website: https://nexo.io/
Before investing in any of these products, be sure to do some research, if possible, ask someone who has participated in them for their experience. @nelson4lov is right that before pouring in your thousand $$$ investments into any of these platform you should first familiarise yourself with it. That is hands down, rule no. 1. As for the websites provided above I can confirm only 2 which have been using and so far had no issues with them. My interest was paid on time, and felt that my investments were safe. The 2 are Binance and Nexo. If I was to recommend one over the other I'd say for long-term investment holding Nexo is better but if you want quicker access then Binance would work better. |
|
|
|
Seeing the prices of bitcoin through years makes me think of Moore's law, you can check it out in google though it was not really doubling the price every year. Is a new law possible for the price of bitcoin like Moore's law?
While the numbers look encouraging with a clear growth, I do not think one can apply any sort of mathematical law to it. Simply because there is too much volatility and you can never predict what will happen to the market. Perhaps picking on a different month than Oct you wouldn't see the same clear pattern; so I think this is all random without a real 'law' to it. It is well possible that the BTRC price might reach 100k as many predict but I think we are still far of from that as something 'big' need to happen such as improvements on the transaction speeds and fees etc |
|
|
|
you cant fake fiat currency and if you do you got problems with law.
how we know the btc and crypto is not faked...it means the creators can create any ammount of crypto as they want as there is no law to legit forces to check over btc and crypto creators
] There are measures in place for this, and one of them is called 'proof of work'. This is to say that on the blockchain a miner needs to have a 'code' if you want to call it that which proves his addition of the block to the blockchain. Since, the consensus is that once blocks are added to the blockchain these are immutable one in theory can't fraud any parts of the block to say they mined it as they one won't have proof of that block and second they can't delete it in an attempt to fabricate the proof of work. Additionally, all of this is on the network and can be accessed by pretty much anybody, and so because this can be checked, it acts as a counter-check against false crypto assets (which you can think of them in terms of blocks). Thus in theory any attempt of illegitimate crypto mining or crypto coin/token won't be allowed or permitted on the network (unless, somehow, maybe  they'll be tweaks to the smart contracts but this I'm not sure is possible) |
|
|
|
Next race up is in ~16h with 1.68 BTC pool reward... Not bad  I'm actually surprised how active these guys are on their promos and races. Keep it up. Let's see how many people enrol on this race.  |
|
|
|
The fight is going to be exciting since these two will fight for the unification title. Have you guys seen the new trailer on YouTube by TopRank Boxing? Lomachenko wanted to own the three belts for himself and I think he has the advantage for this fight if he won't gonna mess up in the ring when the fight begins.
I think Lomachenko is right in thinking that he got the match in the 'bag', he is going to win. The reason I say this is because I have seen him fight, I've seen his style and there's no way he's going to lose. He's known as the best in his weight division. That's what sparks my opinion on the outcome of this match. Teofimo is good and I'm sure he will challenge Lomachenko but I don' think he's at Loma's level. Let's see how this plays out, my bet is on Loma. |
|
|
|
A new jackpot winner is among us!  Congrats to wildcrazyfox for snagging 1% of the BTC jackpool pool, netting a cool 0.038 BTC on a 0.00002834 BTC bet! Who will be the next big winner?! It could be YOU. |
|
|
|
Good thing to point out, specially for those who are skeptic to new casinos - which is totally understandable. Just to pick up on this info, is there transparency about where this casino is registered, under which laws? I already became aware of the restriction in my country, but VPN will help with this. Also, it seems all of them have a good reputation in general according to majority of the casino review websites. Hope this new casino will be able to carry forward the legacy.
One can only hope that the quality of service will be upheld, but at the same time I think it is important not to be too complacent about this as you can never know who else. might be in charge of this project. I do however, hope this casino to be a nice addition to the current ones. It would be even better to see how they'll try to compete with other casinos who already provide as much as 30% cashback on deposits, and these place often don't run short of weekly promos  |
|
|
|
|
Never think of any crypto coin as being stable. The two just don't go together, and in some instances the reliability part can be questioned too.
BTC is a serious asset but because it is volatile its predictability around stability just doesn't exit. And although not many people approve of this idea, one cannot exclude the possibility that at some point in the future BTC, similar to other crypto coins might well not be reliable, and their existence may well perish. Of course, this is up to how governments decide to regulate crypto in the future and what hurdles crypto and BTC holder need to face to maintain the value of their crypto asset. But I think any possible turn of events is possible; one where BTC might crumble and one in which BTC and crypto in general thrive and become the norm in world finance.
Most like to think the latter is most appropriate due to what's at stake for them but the reality is that governments are still in power and their moves can at time be unpredictable.
|
|
|
|
You can call me a moron, blind, whatever you like--but I have to ask you: what evidence can you point me to that fiat currency is falling apart? In certain countries like Venezuela and Zimbabwe where they've had hyperinflation, I'd certainly agree. But the rest of the world? I just don't see any sort of general currency crisis emerging from the COVID-19 pandemic.
And yes, I'm aware of all the money printing and debt accumulation, but I don't see any evidence in my day-to-day life that things are as dire as some people think.
I think it's great that Binance might be releasing a crypto debit card, though I'm not sure how popular it'll turn out to be--and of course I probably wouldn't even be allowed to try it because of the state I live in.
Spot on. Why do people here tend to over-exaggerate everything due to various reasons like the current COVID crisis etc? FIAT is going nowhere and that is a fact which is why op's argument suggesting that this centralized FIAT system is collapsing doesn't make sense. FIAT has survived far worse problems over time. Even chaotic countries like Venezuela etc still depend on FIAT to a large degree even though they are in a messed up state currently. Cryptocurrency adoption requires several factors like low volatility, fast TX times, low TX fees etc to optimally rise over time. Despite the long written paragraph where it's talked about cryptocurrency being nearly around the corner and this alone will greatly impacting today's economy where fiat is default,. There is little evidence to suggest that. The pandemic has had a positive outlook in comparison to fiat but having seen the economy of the world taking a hit, so did fiat and so did cryptocurrency. While crypto allows for more control over ones money it is not immune to the outside environmental factors, far from it. SO even if payment cards through LTC will be mass-scale produced its success is not guaranteed. People are still complacent about crypto and some still prefer fiat. It would take a much later effort to expand over this small bubble of crypto adoption, and some of these factors include the ones aforementioned. |
|
|
|
If you think about it, full bitcoin adoption has some similarities with the global campaign against climate change. To slow down climate change, we need to significantly cut down on our use of fossil fuel and start relying on safe and renewable resources. To fix the flaws and imbalance created by the centralized financial system, we need to start adopting a decentralized currency--Bitcoin. We need to deal with our dependence on fiat currency to improve our financial system just as we need to deal with our dependence on oil to fix our climate problems.
Just as educating people about climate change isn't enough to save the planet, it's apparent that educating people about bitcoin isn't enough to push for full adoption. No matter how knowledgeable people become of Bitcoin, full adoption won’t be possible if we can’t figure out an efficient way to access and use bitcoin outside the Internet. Only 57% of the world’s population has internet access, and a large portion of those with internet access suffer from a poor connection. That part has to be fixed first.
Some suggested creating a system that allows sending Bitcoin through the use of a third party SMS wallet provider or broadcasting Blockchain data over DVB-T, but how sure are we that those can promote unlimited access to digital currency? And how about those who don't have access to digital devices? I'm guessing we won't be able to completely get rid of fiat currency even if crypto supersedes it. I'm patient and hopeful though. Please let me know if there are new technologies made to address this issue. I'd love to learn about them so I can include them in the information I'm sharing others about Bitcoin. ;-)
I totally get you, and your analogy of BTC to climate change. Like many know that we need to take action but because there are not instant rewards associated with dealing with the issue no one really takes the initiative to do something about it. About the unavailability of internet playing a major drawback to the adoptability of crypto, that is true. However, there are current solutions poised and one I'd like to draw attention to is Starlink, a global network giving internet access to areas not previously covered or hard to reach. The timing of this satellite is just around the corner, 2021. I suppose there are 2 immediate challenges with this: 1. Is 2021 enough time to allow for this global network access possible given the pandemic? 2. If the 1st challenge is overcome the next one to consider is how long until SpaceX is able to give everybody FREE access to internet? It is the latter that will present most benefits to crypto, helping it expand to unprecedented numbers. In addition, overcoming the 2nd challenge will improve people's lives in general by giving them access to information. |
|
|
|
so how about taxes you have to pay from btc ?
and is buying goods and items with btc is to way to cash out your crypto tax free?
The amount of tax you need to pay depends on your local jurisdiction and your local government and how they decided to tax crypto people. This is why some people where their local government tax them on their crypto travel to other countries to withdraw their crypto in a tax-free manner. A news outlet article covers 8 of these countries, and you can read it here. The alternative to travelling to other countries as stated above is to cash out via purchases, much like you suggested above. There are many websites which now allow you pay with crypto, and you can buy a wide variety of good and services. So this could be another option. And one of these places is Bitrefill where you can purchase gift cards with your BTC. Hope this helps. |
|
|
|
I have been into crypto-currency for a long time now, probably i understand few about Crypto and other things related to it, now I believe you and I know about BINANCE EXCHANGE and BITTREX EXCHANGE, right from when the market was not kind of complicated like this. Well let's go straight to the point of what am to say. Binance is really growing Wild when it comes to giving the community what they want. I came across this: http://imgur.com/a/EjLSFu4 in my email inbox and I believe most of us using binance received it. This development coming out from BINANCE EXCHANGE is really welcomed and binance is really paving waves than bittrex Exchange if am not mistaking. First of all, crypto exchanges have revolutionised the way people trade their crypto assets. The more the crypto space expanded the more there became a need to build an exchange platform that can enlist as many of the coins and provide the best possible rates for their customers. To this date, there are several competing exchanges which many people use regularly, including Binance and Bittrex, among others. Secondly, there has been a while now since Binance has 'supposedly' become the No. 1 crypto exchange, and for good reasons too. Below gives you a quick glance at Binance vs other crypto exchanges and how these compare together.  Your opinion to how you see binance and bittrex in the next generation are welcomed.
Lastly, the way I see it Binance still holds the advantage simply because it is ahead of Bittrex and other alike, but the question is how long can it sustain it and what will the next projects be Guess only time will tell... |
|
|
|
Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.
LTC new update will meet huge pump in the next few days.
who else expect that?
I assume you're talking about MimbleWimble a test net which the LTC team released only hours ago? I think the expected pump won't happen over the next few days as following this launching the team still needs to attract " enough participants on the testnet which the team hopes will be in a couple of days.", and so I think the effects on the market value of LTC will likely be delayed. And so I'll be expecting to see LTC gaining momentum within months, rather than days. MimbleWimble testnet is something LTC team needed in order to ensure maintenance and popularity of the coin, specially since over the last year or so since the price slump. |
|
|
|
Imagine developers being held liable for creating and launching a "De-Fi" platform on the Blockchain.
I think that would be very difficult to implement given that the source code is transparent and available for anyone to see. So in this case the liability not only falls on the creators i.e. coders but users also as if something were to go wrong you could say that the users failed to do their due diligence. That's the blame has been shifted, but at the same time there will need to be some sort of party being responsible for this, and I can only see this happen if one organisation was to take 'control' over this and reshape it into a more centralised organisation. This again can be seen as problematic. These new kind of ICOs have built-in mechanisms to comply with government's regulations such as seizure of assets and more. Something similar might happen with "De-Fi" if governments decide to start cracking down on the entire industry.
I think the scale of 'DeFi' adds too much complexity, unlike ICOs/STO's where regulations were much easier to be added. This time is not so simple and I almost fear for what is going to be proposed as this is not a simple solution. |
|
|
|
Thinking of registering to try out the Poker atmosphere in here, any feedback on this game run on this platform? Any good? Also, I came across this (see image) and was wondering if people actually get 15% of their loses or what the catch on this is. I suspect you have to wager a specific amount or lose above a certain amount, what are the requirements for this and has anybody qualified for this?  |
|
|
|
Welcome to the forum. Great work on the creation of the casino with cool UI and a nice selection of games. I must say despite. me not yet registering on the website I will in the future just to check some of what I think are awesome perks, in terms of freebies and promos. I like to see the community/team being so engaged and active. A snapshot of these weekly/bi-weekly run promos can be seen below. (if there's an issue with the embedded image, use this link.)  |
|
|
|
|
Show Posts
