Hi,

For me, this seems impossible if you really own several different cryptos. I guess that what you want is variety, and at the same time so easy way to manage all that.

Well, for now I think that most platform won't allow you to have that many different cryptos in your wallet. I guess that it is hard technically. Or maybe more profitable for them to see their users split between several wallet..

Hi,

It is hard to say.

The rise has been so huge last year that most individual investors tend to be more careful this year. That's quite logical because such a rise can also mean huge losses.

I think that on top of that, one explanatory factor is that mass media have spoken a lot about crypto lately. And of course, they don't present it as a great investment opportunity. Most traditionnal medias have stopped to say that bitcoin is only a dark tool dedicated to illegal trading and instead they enhance the complete chaos regarding prices. Journalists love sensationalism so it is quite easy with bitcoin: from 20 to 5 in one day!

So for the recovery.. I'd say that we will have to wait a bit longer. Maybe even until 2019...

Hi,

I think that in most Western countries, it is currently unprofitale to mine if you do it on your own. Electricity prices are already too high.

This is why currently mining is mostly the business of compagnies, using the own appliances and power. That's quite logical.

At some point, though, mining will come to an end. At that moment, for the compagnies which had invested in it, their furniture ought better to be written off. And at that moment, for sure, bitcoin and its community will face an unprecedented situation!

Hi,

The number of factors affecting prices is huge. And I think it is impossible to measure the "weight" of each factor. You can think, of course, about annoucement effects from large compagnies or government of countries in which the community is large, but also economic situation worldwide, period of the year or even "trends" steming from an influential speaker (whether he/she has a link with crypto or not).


So it is hard to know what currently affects the bitcoin and I think it is even harder to make a comprehensive list of potential factors!

I think this article can't be extended to other gambling games at all!

Why do you play the lottery? To win the jackpot and be good with all your money problems. You never play lottery for the thrills because when you play it you know you'll lose 99.9999% of the time. It's not a fun game it's a dumb game to earn a lot.
Other games are completely different, when you play poker, cards, roulette or dice it's for the thrills. The winning streak, coming back after a huge loss...
When you play those games you don't aim to become rich, you aim winning and becoming slightly richer than before.

So you really can't compare lottery to any other gambling game in my opinion!

It's... Original but... Is it really useful?

I mean sure it's great that we have the opportunity of a complete P2P system. I'm not going to say I don't like the idea ^^
But personnaly I see it like that:
-If the bet is about sport then I'm just going to check if the odds are better than most gambling sites. If they are then I'll take it but it will mean that the guy who made the bet made a mistake in fact and that.
-If the bet isn't about sport... Then I won't take it. I know it sounds fun to be able to bet on everything but seriously I won't bet on completely random things and I don't think I'll be the only one in this case!

Interesting list sir! Thanks for your link.

Indeed the sites accepting bitcoin aren't quite as popular as the ones using fiat. And we have fewer choices.
But hey you perfectly knew it when trying to bet with btc ^^

In exchange you get the best taxes on your gain (0%) and the best rates and fees.
I don't know if you tried lots of fiat sites but my god the fees are so high!!! I tried poker on a fiat website (winamax) and it was horrible! And in sports betting it's even worse. The odds are always 10% lower than in btc website!
I don't know if it's to cover taxes or KYC or whatever but it's really expensive!

Never managed to cheat an online game nah!

The security is too damn high normally. But I thought about a rather simple way to cheat on poker:
You enter a table of 8 with 7 accounts in total. The last seat will be taken by someone else.

Then it means you have 7 hands as information while your opponent has only one hand of information.
I don't know how it could work but that means you would have 7 times more information than your opponent!

Hey,

Thanks for the tracking programs!
I've never used one because I didn't find any one free and I don't play enough to feel like a 500$ program is worth it.
But I'm pretty sure it's a very good data base to work.

Fact is that yes techniques are important but there is nothing universal.
So you have to gather your own data to know which techniques work on your play style ^^

Oh god the slot machines are the worse!

If you like to gamble don't play on slots, they're just eating coins machines.
You have to remember that on real life casinos the slots have to comply to certain legislations. In Europe for example if I remember correctly they have to redistribute 90% of what they earn at least, In USA they're are some legislation for above 60%.

But in digital currencies and online casinos... There is 0 legislation.
They do whatever they want.
And on slots they clearly eat everything.

Come play on dice! There is a guaranteed 1% house edge or even less ^^

There is no need to experiment such projects.

Let's be clear a casino is made to make money. No one creates a casino just for the fun.
So if they "claim" they have 0% fee, means 0% house edge... How do they earn money?
Of course tons of casinos sporadically drop their house edge to 0 for like 1 hour just to bring more players, but that's like the faucets it's just a marketing operation.

If a project claims to have 0% house edge you can be sure that they'll either run with your money or simply cheat on the house edge xD

Hi,

I think we can add two things to your list:

1- Over-reaction from the community. Some market announcements should not have such an impact, but people tend to freak out quite rapidly.

2- Impact of the period of the year. Trends tend to be different according to when we are. July or December are important turning points I'd say.

Hi,

Just like many other.. this was an announcement effect. I'm quite sure of that.

These companies must be aware that bitcoin cannot be used as a currency because of its volatility... So they know that the risk is too high over the long term but they accept it for a short period of time, to make people talk about it and attract new users.

Hi,

You are not supposed to copy paste an article. You are supposed to make this topic because you want to know more about it.
You could have at least reformulate it...

As for Ripple.. Well I don't know. Forecasting the future of cryptos and their environment is hard... But making any accurate forecasts here in this specific case is.. Just impossible. People will tel you what they hope to see happen. :/

Hi,

It is important indeed because it makes it more famous. More people know about bitcoin than about any other coin. Even people who are not interested by alt coins have already heard about bitcoin.

This is why the community is bigger. And this is also why we are quite ready to bet on its future. Just because roots go deeper!

Hi,

Where is your list? Where is your source?

I think you are wrong. Twenty is... less than the number of country in the European Union and I am ready to bet that all these countries are currently trying to deal with bitcoin.

And yes, many governments, many companies and many institutions are trying to make regulations toward bitcoin. Happily enough, they are so slow that I'd say that there is nothing to fear for the next 5 years!

Hi,

You have already made a similar post, right?

I think that luck, as well as work, is part of the equation. If you never work and are not particularly lucky... Well nothing special will happen.

But what makes a real different is your environment. If you have been raised in a wealthy family, life will be easier for you. And that's a fact. Your relatives will be more aware of the "golden paths" leading you to jobs that are well-paid and no too difficult. You will have a greater culture, just because it was part of your education. And thus, social interactions will go easy!

For me family and the environment in which you grew up is the biggest explanatory factor. As for luck and work.. well they come largely after!

Hi,

There are several factors affecting the price of bitcoin but I think that the number of alt coins is not one of them.

There has been a huge rise in December 17, so logically prices went down on January. Just because prices were completely crazy. Though, the downard move is quite long... It has been 3 months and there is no sign showing it may improve...

I understand why people are worried but we cannot expect and we shouldn't hope that trends from 2017 get repeated yearly. Bitcoin is struggling to be spread as a currency, and such chaotic moves do not speak in its favour.

So yeah, prices are down... basically to compensate for their crazy heights. Nothing to worry about!

Hi,

I think that most banks and governments are currently trying to undermine bitcoin: through mass media, giving it a bad image; through official announcements, saying that people should be protected from themselves; through regulations making the use/possession of bitcoin illegal.

This is just logical. Because I think those organizations are smart enough and seize the potential of bitcoin. Bitcoin could be their end, as through bitcoin we can get rid of any control authority.

So, yes, I think that ban is a real threat. It won't be called this way but it will be. :/

Hi,

This changes nothing. Well, it may oblige people to go through several accounts/wallets before being able to make any transactions. But that is definitely not a huge change.

And: this is only for South Korea. Ok, the bitcoin community is huge there but still... That's only one country. Reading your title, I though the topic would be about a technical change. No a simple regulation...