In my opinion when FTX Collapse is a bad thing, although they have been proven to manipulate data and use consumer money for pleasure but this will make panic and make investors think that the FTX case will be repeated.
Exchange bankruptcy Exchange used up their investors/users funds Is never considered to be a good thing and of course its extremely bad.This do create extreme fud and lost of trust into the market which some people say its temporal but this would really be creating that permanent damage in speaking about reputation of entire crypto space. New users or investors could impossibly be able to ignore these factors and incidents. Any exchange hacks and other issues in relation with hacking and other things correlated is never been good and could give that impression which would slow down up a bit if we do speak about recognition and adoption. |
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^ Okay just to follow up on this topic after all we are all in this discussion anyway. Which one would you prefer? - Losing money because unintentionally your friend does something like removing it on the black 15
- Or losing a friend because he bet the amount without consulting you?
Losing money is better than losing friends. But it would be a different story if we could not trust our friend and it would be better to lose him than lose money because of his attitude. But if he accidentally made a mistake, we can forgive him because everyone makes mistakes. And hopefully, after we forgive him, he can be better than before and not make mistakes again. Friendships sometimes do often experience cases like that and this makes us have to be wise in reacting to it. I agree here that friends are more important than money just adding a small caveat: make sure your friends are really your friends. similar to love, it's not always the case that a relationship is mutual Important than money but not all would really just afford and let his friend would do such thing specially that we are talking about $350k which is something that you cant just let it slip away. It might not really that a big amount for other people but this is indeed already life changing for some which you cant just let others do mess it up and dont make it happen.Its unrealistic somehow because once bets had been placed then there's no way that there would be alteration or changes on mid-way which it would really be in their negligence or their fault in case it did really happen.You could really make out complaints or contest it out if there would be argumentations in this regard. |
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Its their country and their policy doesn't seem to be harming anyone unless they are violating it but how they are going to implement it? I don't know they have enough infrastructure to monitor all the things happening in their country especially some Islands are famous for foreign visitors so this will wnd up in more corruption and nothing else.
For sure there would really be those under the table kind or type of transactions but totally this isnt something that could really be monitored out on 100% precision as these things do happen in private and there's no way that they could be having those camera and staffs or agent everywhere to monitor out on each citizens activity or something like connected on sex.As for business talks then it would really be mainly be affecting those who are really that in connected with sexual aspect.Just like the rest been saying that its their country then its their law to be imposed and its citizens doesnt really have that choice but to follow on whats mandated and on whats been prohibited. |
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Casinos were one of the first branches of business to reopen. While it is very difficult to guarantee the right distance there. However, a casino is quite large. I think we can say goodbye to covid after all, if you look at how little it is in the news. Casinos have also been affected by covid, but I think they were able to build up a nice buffer in the time before Covid. And you can always use a mask if you feel more comfortable that way.
Totally out of topic reply.  Back on the topic in regarding with security then it would really be just normal that there are things which cant really be prevented nor be stopped specially on these kind or type of incidents. If there were stabbing issues or incident then it is really that a flaw into their security on why they do let in a certain person who does really have that belonging but reading up on the article it is really said to be having that kitchen knife, so where he did able to get that? As a player then you should really be that vigilant most of the time because you dont know on what things would be ending up and there's no such thing about being safe place, considering that casino does involved losing and winning then expect that there are ones who do have those impulsive and cant be handles emotions. |
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Everyone can hold but not everyone could have patience and that's the common mistake of some cryptocurrency investors. They easily give up when the market is shaky and when the volatility of the coin that they're holding is too high. When it comes to holding and long term investing, patience is the most important trait that we should have. Crypto invesment is full of testings and challenges and it will play along with your emotions. I can say that being patient is a skill because not everyone can apply it.
Patience could be something ending up on a mistake or not because there are ones who had holding been that much which do really ends up on a disaster.This is why holding isnt always that a good thing but considering we are dealing with crypto then we do know that it could give out that kind of chance which earnings could be potentially able to hit up for how many fold and this is why people would always be suggesting that we must really hold up our crypto coins specially with Bitcoin and some other worthy altcoins in the market.If you do have feels that this might become that big then it would really be depending into your choice and since each person does have its own choice. |
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Hi guys I wanted to ask some of big family members who have experience in crypto and also in gambling. But my experience is not good in gambling.
If someone wants to start a Gambling casino online with Cryptocurrency than how much money is needed. I think that 100k dollars initial capital would be enough to satrt a better casino. Cause we have to promote and also do other such promotions.
So what are your thoughts?
When build up a casino then you should be needing to budget out that 100k. 1. UI/UX 2. Promotins 3. Staffs 4. Bankroll You would be needing up to make out that max bet limit to be right. Making a casino is never been that simple and wont really be that cheap but since you do only have that kind of budget then you should know on how to make out partitions on every aspect or factor. |
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Unfortunately today the Red Again Market and goes down again below $ 17K, but there is a chance to return to $ 17K because I see that the negative trend caused by FTX is now starting to disappear, investors are increasingly optimistic that the market is immediately rising and does not care about the current price .
Bitcoins are currently very green, I mean it’s really a positive sign for us. If Bitcoins keep on pushing like this, then definitely by the end of this year we will see the price at around 20k usd. If Bitcoins reach 20k usd by the end, then definitely next year will be really big for Bitcoins. It’s not late to be honest, if you haven’t bought any Bitcoins. Buy as many bitcoins as you can in this cheap sale price, and definitely next year you will see a great profit. For those who do made up some long position in futures then they do have at least the profits now, and for those who had made out some spot and able to buyback in 15k level then its not really that bad to sell out on the current position since the price had made out some increase.Although its not something that big but at least making money on short term basis isnt really that bad after all. For now, its better not to make yourself that too confident on what we are seeing now,maybe it is really just some sort of fake increase just to liquidate into those people who do took up that short position. If you do make out some scalping and able to buy cheaper earlier then it wont really be that a bad idea on selling out for small margins.Keep repeating until you do able to make money. |
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Patience is the hardest part of long term investment, if you can exercise patience then you will be able to invest for longterm.
Saying hold for longterm is easy, actually putting it into practice is the most difficult part. If you can do it, you will be immensely rewarded.
There is a popular saying that goes "patience is golden" meaning not everyone has the gift of patience.
Having patience in cryptocurrency investment can be achieved by having multiple sources of income so you don't run out of money when the market is in bear season. The main reason people sell their Bitcoin or other cryptocurrency is because they need money. If you have other businesses that is putting money in your pocket then you can invest and hold you investment for as long as you want. The mistakes people make is that they take their investment in bitcoin as a job and expect it to give them day to day feeding money. They forget that Bitcoin gain is seasonal so for you to benefit you have to be patient and wait for the profit season for you to benefit. I heavily agree into this one which is really indeed true on which on the time that you do have other sources of income and when you do see your crypto investment is decreasing then you wont really be creating or having that kind of panic on which you could eventually hold up your position without any problems or you could wait up for a long period of time and since you are accumulating coins then holding wont really be problem compared to those who are having only one source of income. You would really be finding yourself on a very tough position when you do have only a single source.Being patient is on someones persons quality it we do really differ on level or tolerance with it. |
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KYC is not a way to prevent under-age gamblers, lets be honest with each other because they are asking it from everyone whereas it could be like maybe 5% of all gamblers that are underage, probably less. So that is not the main way to prevent it, and they will just go to places that doesn't ask KYC and it's over.
The real reason why under-age gambling is a problem is also the same as underage drinking, smoking, sex, and everything else. It is just not something you can prevent and that's the trouble. As long as you can't prevent none of that, you can't prevent gambling neither. Some people will do things before they are allowed to, and you won't be stopping that at all.
Exactly these rascals will always find ways to continue with this kind of activities even they are still not allowed to do so, we can't prevent it if we will not focus on it and try to limit those young folks. Though it's another concern since limiting them will only push them to try other alternatives, like you said, even you place KYC those people will just find other option other places that they can continue without any hassle with KYC. It will continue and we just need to be alerted to avoid things to happen with our own family members. There's always a way and this is why we do keep on seeing or listening out this kind of news or situation where there are minors who do able to bypass out these platforms and able to play whether in online or offline casinos.This do really particularly pertains about house decision and verification process but we know that it can't really be that perfect. It's true that it would always be that good on having a check into your children or kids on guiding them and advising on what are the cons of gambling which it'd never be that good. Verification process is standard but we know that there are ways which it could be bypassed and let those youngsters do able to play. |
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For the longest time, I have been thinking about doing this. It seems like the right time is now. All of us have had good, bad, and ugly experiences with money. So now is a good time to offer your two cents worth of financial advice.
Ty question- Based on your cumulative life experiences, can you share your best money advice with us?
I'd go first - Stay out of debt as much as you can.
One of the most important thing in life on which you should really consider out or trying out your best to be not shackled by debt because it would really be not a good way of living or something that could put you in peace since you do know that you do have lots of things which you do need for it to be paid up. I do have that bitter experience which I'm trying out to solve but due to some other priorities that I could hardly clear it up. The best thing for me into now is never make yourself tolerate on making up bad decisions and don't make yourself rush up whenever you do see some possible income making or money making opportunities.Dont make yourself that impulsive or else you do know on what would happen. |
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We all have a different experience how we started our first bet. Their are people who started bet without having any knowledge concerning it. Their are some people started with a help from a friend to bet and their are some who took their time to learn before they started paying bet.
How was your first start? Did you play blindly or spent some time to learn.?
Of course, I played blind, relying only on my luck. There was no question of any training at that moment. Banal thirst to win at least something. Otherwise, why did I make these damn bets?!:) As far as I remember, that time luck smiled at me a little, but the winnings were insignificant due to small stakes. But still, it was fun and new. But now I don't want to continue and I'm not interested anymore. I do agree that when you gamble for the first time ever you do not have any idea how it is going to be won or not. I feel like there is this amazing situation where you are just trying to have fun. First time I have ever "gambled" was poker games on my computer, not real money, it was zygna and that was a good time, and I learned about it and later on played with my friends, we played for cigarettes, each joint was a bet, and since one pack of cigarette was cheap, we all bought red Marlboro and then we played for it, the one that had none left got out, and the one with all of it won in the end. It was the best time of my life to be fair, even though I didn't properly know about poker all that much. And on the time on where your first bet was a win then it does really give out that kind of boost up which i had felt it out and pretty sure that majority do able to experience it too.This do really mold out that kind of impression into your mind that gambling is easy and you could really make yourself that rich in no time but this isnt the case.I do remember when im was young which i do get involved on some local based type of game where it does involved money and thats the time i do make myself get aware about gambling and how things do works. Yes, it is really that entertaining and at the same time you would really be finding yourself picturing out that, what if i could win up continuously or win up that big? Those are really thoughts which you do have in mind when reality doesnt still able to hit up you hard.  |
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...Bitcoin is much easier to get into and even though its single unit can be divided into satoshis, people want to go for the altcoins which are recently launched and have been running on media hype. ..
Such a choice of coins by a beginner is understandable to me, since he does not have a large deposit, trying to increase his balance in this way several times in a short period of time. It's like in a casino, the risks of losing your money are very high, but there is still a small chance of getting a good profit. What I know is that bitcoin is the king currency, and every novice should know that, as well as when it comes in that if BTC is at a relatively low price, the entire altcoin market in general will be low, all investment in one altcoins should already be considered very risky, because of what happened in LUNA, the same can happen with any crypto, even with the same ETH it is always an option that could be very good for others, but what Buterin did was something that has the complete control over the high, and that's not good, a centralism in crypto will never be good, for that grace the best thing is to trade and take fiat. Centralization would eventually totally oppose on whats the true concept and purpose of crypto just like on what Bitcoin does have.If those altcoins would really be having that kind of set up then it would be entirely opposing on being anonymous or totally been decentralized and thats why it cant be surprising that Bitcoin is sitting on top of the chain because it does really have that features which altcoins cant never out able to beat it up.It might have a bit outdated feat but it is really just enough and its been already prove out that is already that sufficient. People wont really be that blind for them not to notice out in between the demand level in between Bitcoin and alts. |
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I'm actually a little dissatisfied with why the OP thinks that there should be some kind of special casinos for the plebs. Of course when betting thousands of dollars in a gambling area like Las Vegas, it's not for the plebs.  And that those millionaires who play there are better than those players who bet $10. How are they better??? Yes, they are all much worse than us ordinary people who honestly earn a living, and do not squander crazy money from the inheritance, or people like SBF (Well, of course, until the collapse of FTX! )  ). In general, it is unfair to divide players into plebs and no-plebs. Where is the boundary of such a division - there is none! There's always that boundary considering about finances which it cant really be avoided that all of those differences would really be noted out which is really in fact the reality but in speaking about boundary in terms of winning chance when it comes or in touching up gambling then there's indeed no difference when it comes to that.Chances or odds would be the same, doesnt matter if you do bet $10 or $10000 or more it would really still boils down on the same percentage or chance which you had said that there's no boundary when it comes to this manner. Everything or everyone does have that equal random chance into their gambling activity. |
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- The way you manage your emotion when you trade Bitcoin at the first time by seeing the big number and not let the greed controls you. Definitely could make you become a better person by jumping to Bitcoin
- Find new purpose of income because of the way people treat Bitcoin as Investment method and payment method which could bring more inovation in the future.
But still I do hope that you can find better jobs for main income after you graduate. Always feel nice to have main job to do while also with Bitcoin. Making up yourself dependent solely with Bitcoin or crypto jobs as a general thing is never been that recommended.Its true that it would be a good add up but not something that you could really make it as a main source of income.You should really make use of your degree which you could really have a job then plus with your crypto dealings which could really give out that kind of opportunity for you to make more income. Its up to you whether you could really be able to bare up with the risk or not because not all really that confident nor do see it as a good thing and would rather stick out into their own things that they do have in mind which is less risky. |
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Then again I'd say that you're not addicted, No!
Yunno what it'll cost you to refrain from gambling if you're addicted already? Denying yourself of the Funtime that you've had almost everyday of your life? All for one reason, and it's that you lost woefully? I mean who gives a Heck? That should prolly be a reason to hold on and keep stacking high cus the very moment you'd decide to let go -- could be the same time you'll win --. As a gambler, I believe you should expect anything; some days, you could get a cash influx, other days could just be like the day you made this decision.
He didn't mention anything about addiction so I believe he isn't addicted but what he only experienced there is disappointment because his favourite team did not do well. For those who are addicted in gambling, they must do something to help their situation because if not then their condition can get worse and it can destroy their life. Those who play for profit can often deny about the fun that they had but they will mostly complain when the results aren't really favourable. Maybe one of it is the OP. This doesn't sound right. In gambling, losing can also happen apart from winning so we must learn to accept both of them to have a healthy gambling habit. There's no way that we could really be able to identify nor confirmed if a certain person is addicted on gambling or not via with those kind of words which its really impossible to make or draw out conclusions without any basis.On this situation which it is really just that a common reaction for a gambler who had been expecting too much on his bets to be a sure win which if we do base up with those paper stats and overall condition and ranking then we can really tell that there's no way on beating it up but we know on how this gambling works and the events that is attached to it. There's always an upset which it could really possible happen on sports world even how sure you are with those numbers but it wont give out 100% assurance. |
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It is true that paper money is not going away anytime soon, but I do not think that it is due to illiteracy, for today there is a very low level of illiteracy. The disadvantage here is that the world population still makes up a large part of the elderly and they have difficulty using the internet, smartphones, and many places are still not exposed to the internet. In addition, for people with disabilities, they will also face difficulties in life without paper money, in many cases not being able to use the internet.
What makes fiat can't be replaced is that it gives already comfort to everyone. For many years that we are using this, of course, all of us will surely think that paper money is very useful and adaptable to any status of life. Unlike these digital currencies that even a normal person suffered difficulties, how much more if we are PWD? I don't think that it was necessary to stop using paper money. I don't think that we need to fully adopt digital if we know that many of us can't do it. Well, thinking that we are now in a digital community, then hopefully everything will be in digital too. But I believe it won’t be possible not unless the people are already ready for it. And seeing the current scenario, the majority are still dependent on paper money regardless if they have disabilities or not, still paper money is widely used and would shift them living like hell if paper money will be totally wiped out. However, having CBDCs is still a good option, not for the aim to replace paper money, but for the people to give them an option to where they feel more convenient to use. Two things which this thing cant be possible. • Government wont allow for such thing to happen since centralization means everything or they do like to have all the control. • The entire world or some communities or places cant really be able to know on how to make use of digitalized transactions or in any related to it. Which means that fully integration and making up fiat in long no existence would really be hard to be applied.There's soo much thing which we do need up to adjust before it could really happen and it is really just that hard to have that full switch up this is why its hard to believe on. |
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I have to say it wouldn't "really" be a big trouble. Of course, if they sell it all then the price would crash, but did anything in bitcoins nature changed? Bitcoin is still bitcoin but there is one less whale involved, so the price crash would mean that it should be a temporary one and you could buy when it is low and sell when it is high.
Bitcoin went up before grayscale ever got into it, and it will go up even after it sells all of it. I am not saying price wouldn't crash, maybe it would be under 5k maybe even 1k who knows, but I am 100% certain that it will grow back again and that's the key importance here, if it grows back up, then no drop matters.
They can sell all they want but it wont really be meaning out that it would really be the end of the market specially for Bitcoin.It might really result into crash but there are lots of community believers and supporters who would really be wanting to see those cheap coins or would be catching up those bargain value coins because as long there's a community demand and support then it is really safe to assume or presume out that there would be always a recovery after a crash.It might not be known precisely but it would eventually happens or always be next in line. Just let these institutions do all what they want and we community are just waiting for those opportunities that do come. |
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Various conspiracy theories aside — not sure what's so special about this? People die all the time of random causes, and yes — including billionaires.
People cant just make themselves not to make out those thinking and brainstorming that this involved some foul play, but it isnt really surprising right? When you do have the money or been known as billionaire whether here on crypto space or into those typical or usual companies then expect that your life will really be that on danger.Just let those authorities do their job and make out those investigation. This is why when you do own soo much money then you should really be mindful about security yet you wont know on whose spotting you out and waiting for some opportunity or even trying to be killed by one of your competition which everything or every angle does impose risks. |
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I have casinos where I usually play but this has nothing to do with luck. I accept that I may lose some money there and don't think that I was unlucky that I lost that day - it just happened.
On the other hand if I were losing somewhere all the time I wouldn't play there but I don't have places where I keep playing because I win a lot. It doesn't happen. My win rate is close to 50% and there's no luck involved just math and statistics.
Same with mine too. I understand that gambling is definitely a game of chance and luck so there’s no room to think that this one casino is better than the other. So whenever I play, I know that I would win or lose in the end, because that’s how gambling is. I have no favorite casino, but I have my own choice when it comes to playing in casinos not because I’m lucky in here but it’s more that this casino is more trusted and reliable by most of the gamblers. There's no such proof when it comes to this on which there's no way that each platforms does have different level of odds or chance for you to in.It is really just up into your mind on which you do really force yourself to believe that you might be lucky if you do play on other places or gambling sites which there's no really solid proof to that.You can only say that if you do able to experience but not really that a precise thing for you to depend on and make yourself believe because you would really be ending up on transferring on one place to another because you are trying to prove out for yourself that it does work. Its not really that something that you should follow on because it would really be creating that desperation. |
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Bitcoin has now reached a point where we have no choice but to hold on. Because when bitcoin was 40k plus. Since then we've had a bunch of Brits that are currently empty wallets. Now there is no other way for us to wait. Our pockets are often empty and the btc market is currently on a bit of a rise but I don't think it will go below 15k. Because in a new way we have to rush to the top with Bitcoin again.
A price drop is something that is very likely to happen to anything, including Bitcoin. Because if an increase is what is expected to happen and it is also very likely that it will happen again, then a price reduction can also very likely occur even below $ 15K, but in the near future I personally am also a little doubtful about a price reduction below $ 15K, because at this time Bitcoin has experienced a slight increase and is already at a price of $ 17K. Bitcoin's rise to 17k doesn't mean it won't have a chance to fall back. Do you remember? When bitcoin hit 17k in June, it continued to hold well above 19k-20k, and many of us believe bitcoin has bottomed out and cannot fall any further. But then when FTX crashed, bitcoin and the whole market was in the red. For now, we may be past the terrible time FTX has caused, but there is no guarantee that nothing bad will happen again. I don't think 15.4k is the low this bear season, I'm still extremely cautious these days. Yes, there are even people who do really say that it is the start of the bull run when they do see some small price increase which its not a solid indication or signal that we are already changing trend. When we are on a bearish season then its really hard to make out assumptions whether we would really be going that low or we are already at the bottom as of this moment which it is really sitting around 15k+. The market now did really make some green or increase but it doesnt have that momentum which we can able to say that this is really something in correlate with bull run. These are just ordinary days where price movement is really just that how it looks. |
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