Not all of students who claimed Bitcoin in that event were able to hold it more than 3 or 4 years. They very likely missed the bull run in 2017 and they mostly sold their Bitcoin to get $100 back and used it for personal demand. I think you should edit the topic title because $500,000 is a big figure and readers can think each receiver received $500,000 in Bitcoin (2014) or received an amount of Bitcoin that worth $500,000 at 2022 price. A better topic title is like: - "8 years ago today, totally $500,000 was distributed to MIT students, $100 for each
[1] https://www.theguardian.com/technology/2014/apr/29/mit-student-bitcoin-wall-street-donor |
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You made a good patch but I have a suggestion and hope that you can go a bit further. So far, you can filter posts made by one member in a topic but could you filter a back and forth (question and reply) between two users, please? Like Foxup is an OP of a topic and LoyceV replies to Foxup's posts. Could you customize your patch to filter only discussions between two posters? There is an issue: - It is easy if LoyceV always quotes posts of Foxup for every reply.
- It is likely missing if LoyceV makes replies but does not quote posts of Foxup for some replies.
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As long as the investing is kept in a logical manner and done diligently, it is not gambling. Crypto can be compared to what stocks is and we have some people who tend to call stocks trading as a type of gambling.
Investment decisions should be made after due diligent research and very careful in-depth consideration about your own capital management, your financial plan in near and long future. Without enough research and in-depth consideration, your investment is more similar to gambling. Even you lack the latter part - in-depth consideration, it will still be likely gambling but a bit better than without both parts. Some gamblers in crypto market simply heard advice of others, read news and jumped directly to the market. They even don't know how crypto market works: its intraday margin of price changes compare to other markets; forced liquidations and how news can result in massacre. They are worse gamblers if they use leverages without comprehensive understandings about those factors as well as are not experienced long enough in the market. From there any sort of speculative trading ends up getting named as a sort of gambling.
Speculators are gamblers if they make decisions carelessly, without any base for their decisions, and simply do it with greed and risky hopeless hope. |
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Your math is not correct but let's discuss about two investments in Bitcoin and one altcoin with a potential same ROI. Some factors that can impact your investment ending - Choose a good coin that won't dead with time. Remember most of altcoins dead after 2 years and it is why we have the saying "An altcoin is only worth to consider if it survives after one full cycle of the market that is 4 years (with bull and bear phases).
- Daily trading volume. It is very important because if you invest with big capital (not what you presented in OP), you will need to find a coin that has high trading volume. With high trading volume, you won't make a considerable impact on price when you buying or selling it that can reduce your actual ROI.
Lastly, not all coins or tokens with high trading volume are actually good ones. |
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And before depositing, better to ask it first or do some research and clarify on how much is the maximum amount for deposit and withdrawal without being required to kyc.
Usually you can find such information in either ToS (Terms of Service - at some platforms, it is Terms and Conditions) or FAQ or in both of them. At Winz.io, you can quickly check it at At Terms and Conditions pageThe maximum withdrawal amount processed to a player is 100,000 USDT / USD per week and 400,000 USDT / USD per month, unless otherwise specified in the Terms & Conditions of a specific promotion. Exceptions may be made to players with a higher VIP level, if any, at the Casino’s sole discretion.
If you win more than 400,000 USDT / USD, the Casino reserves the right to divide the payout into monthly instalments of maximum 400,000 USDT / USD until the full amount is paid out.
From this page, you can have a guess that it is very possibly to have KYC requirement if you win big up to 100,000 USDT per week or 400,000 USDT per month. At FAQ pageWHEN IS THE KYC PROCEDURE ACTIVATED?
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The KYC procedure can be initiated for accounts suspected of being in violation of our Terms and Conditions. Mandatory KYC verification is activated for every player when the total amount of withdrawals exceeds 2,000 EUR.
However, if you search more, you will see a confirmation with details as I highlighted above. No need to guess, because the information is very clear. |
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Proof of Stake is more easily to be manipulated. I don't naively say that Bitcoin network (with Proof of Work) does not have risk of 51% attack. In the past, there are some pools which have same owner groups, had enough total hash rate to run 51% attack. Fortunately for Bitcoin network, those mining pools wisely to not do such attacks. You can compare how to collect enough hash rate with Proof of Work from mining rigs, mining pools to collect enough hash rate with Proof of Stake from stakers. I am sure the procedure would be more easily with Proof of Stake. There are more complicated things to run 51% attacks on PoW network than on PoS network. The estimated cost of 51% attack using NiceHash price: https://www.crypto51.app/The estimated confirmations of altcoin networks which are equivalent to 6 confirmations of Bitcoin network: https://howmanyconfs.com/You can easily see how strong and safe the Bitcoin network is. By that I imply, why do Bitcoin miners, investors want to move from the strongest, safest to a weaker one? |
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Based on charts and history, the current heavy discount on bitcoin "70%" is a great price to buy and hold in the long term. It's hard to say no when an opportunity like this arises and lasts for a few months, for me this is the best opportunity to buy but of course by combining several strategies like DCA and accumulation.
When Bitcoin price is under its realized price, it is a good time to accumulate Bitcoin. It is not the bottom but is in a bottom range and accumulation in bottom range is a smart idea. Especially if it has lasted a few months and is going toward the end of bear market. The chart above shows that we are going towards the ending of bear market. I think it's safe to assume that this is a good time to buy as much bitcoin as you can afford, but certainly for an amount you can afford to lose. But none of us dare to guarantee the future because actually bitcoin is always difficult to predict.
Invest in a volatile asset means it is a risky investment but it brings good potential ROI. Afford to lose and be able to hold for a long time. Some people think they are investing with greed and unable to hold for a long time. They borrow money, use leverage which all force them to always think of selling. That breaks the core reason why you invest, to make your life easier, to get rid of pressure from intraday trading |
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I am not sure what you experienced but I am sure this information is not correct.
Evidence lacking for "this information is not correct." statement To be fair, what I think tranthidung was disputing was specifically your assertion here, which you didn't provide evidence for either: hich somehow I doubt, given how long he's been a member and despite the inactive periods), the quality issue wouldn't even be a blip on his radar. @stoat made the argument without any evidence to support his feeling of what he experienced. I shown him data that is not perfect of forum activities exclusively spamming activities over the years but he did not want to absorb this information and keep continuing his non-sense complaint. The drop of activities in the forum since 2018 is because of merit system (that destroy spammers, prevent them to rank up so that most of them stop spamming or leave the forum) and the bear market. I'll only accept discussion with accounts aged 2015 or earlier. That's cute. Now tell me, what have you contributed to Bitcointalk? A quick look at his post history since the merit system kick off (December 2018) is mostly one- or two-lined posts and mostly in altcoin boards. I don't consider all of his posts are spam but most of them are not deserved to get merit. 99% of the posts are from bounty hunter spammers
Nowadays, most of spammers would do their jobs in Altcoin Bounties board. Fortunately the spam in global, international board is significant less than years ago. If you see spam, report it to moderators who will handle it. The forum is clean with works from forum admins, moderators and community members, exclusively reporters. |
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Seems the bear market is likely going soonest. Congratulations in advance to those who bought low and those hodling for a long time.
There are some reasons to believe that Bitcoin is moving in a bottom range but pay attention in the word 'range'. A range has upper and lower bands and you should know there are outliers beyond a range. The market basically should have a massive shake out and I believe we will have it when Bitcoin surprisingly crashes towards $13,000. All weak hands should be out, all gamblers should be killed by forced liquidations, before a new bull run kicks off officially. Bitcoin is moving under its Realized price for a while and the period is almost the same as it was in Nov 2018 to April 2019. If history repeats, it should ends soon. Pi cycle top indicator gives me a thought that Bitcoin should have a good bounce back to about $40,000 and it should be corrected back. A next time will be an official jump into a new bull run. People are still very fearful according to Bitcoin Fear and Greed IndexThere is likely going to be a new all time high to be achieved before this year comes to an end. If you can, fill up your bag but do your own research.
It won't. New all time highs are reached in bull market, not in bear market, not within a few months after a bear market ended. When a bear market ended, it needs a few months to wipe out fear, hesitation, disbelief so that a new all time high can be seen. What do you all think about the sudden bounce back and price increase on Bitcoin of lately?
Normal movement, nothing special. |
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The Bitcoin Crash of 2021 Compared to Past Sell-OffsIf you love history of Bitcoin corrections, the above visual graphics can help you to explore it with comparisons amongst past corrections. In general, the common and biggest lesson from past corrections is, if you survive through crashes, you will see a good growth of your portfolio. Another lesson is you must protect your capital well enough, keep your orders and positions safely because if you let crashes kill you, you will regret later when see Bitcoin climbing to higher highs or making new all time highs.
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Wow I'm surprised that Winz does something like that, I really missed it, but this type of promotion attracts a lot, if things go well doing this type of promotion, they should do it a little more often, so the word can spread to that many can take advantage of it, well, Halloween is approaching and it would be interesting if Winz does something or a Russian that makes us all very active and participate, I am waiting not only for this casino but for many more, it also gives me a little of anxiety, because there are so many casinos that I don't know, I have to make a list to see which promotions are the best to take advantage of.
People forgot that casinos are places for - Playing and having fun, to relax yourself, refresh your minds. With this purpose, bonuses and free spins are very well to serve you.
- Gambling and hunting for wins or big wins. With this approach, bonuses and free spins are not for you mostly. In addition, such people must be very disciplined to gamble responsibly. If they gamble irresponsibly, they will lose their money, their life and even their family too.
Halloween, Christmas, New year are very good events to run promotions, advertisements, bonuses, contests to strengthen bonds with current users and attract new users. |
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The laughable state of this forum, I've been reading this website since at least 2014, most active during 2015-2016 and the website is just unreadable at this point. 99% of the posts are from bounty hunter spammers
I am not sure what you experienced but I am sure this information is not correct. According to data as well as the bear - bull cycle of cryptocurrency market, 2015 and 2016 is in a bear market that likely caused a drop of activities in the forum I only quoted two charts here, if you want more details, please visit these topics and get more details. From available data, fact is the forum was flooded with massive spam in 2017 and 2018 which is why forum members requested and theymos made a tough decision to launch the merit system and months late, adjust it to demote Junior members who can not earn at least 1 merit. Chronological flow of improving post quality in the forum, reducing spam Too many Legendary accounts!
In the past, without merit system, every member can become a legendary member. They just need enough time and activity point to get the Legendary member rank. It's easy honestly and many grandfather Legendary members are spammers. |
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Your question is not clear. What happen after a death of a forum member is related to what was done by that member in the forum: contributions, active loan must be repaid, scam accusations ... Not all death cases will be reported and verified as many of us don't know other members in person. We just know them via the forum, the Internet and that's all we know about each other. To verify death cases, it requires more information, more contact in person and mostly we don't have it. After a forum member passed away, if the member has great net-effect and contributions, the head admin (theymos/ Cyrus) can give some special treatments as follow - A special badge like In Memoriam
- Lock that account permanently for security reason like what were done for accounts of satoshi and Lauda
- Investigate further like case of paraipan
Community members can keep investigation going with scammers who suddenly passed away or faked their deaths as well as flow of scam money. Bitcointalk's Hall of fame |
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opting for KYC as a condition of withdrawing big winnings at gambling for me is fine.
but that all applies to reputable gambling platforms like the ones on this forum.
Casinos can either require KYC after you creating your account to be eligible using it or require KYC when you submit big withdrawal or have suspicious activities (from deposit - money laundering, strange betting style, likely cheating, ...) with your account. Usually we can not win big so I don't mind to finish KYC if it is not mandatory. i don't mind doing KYC if it's really necessary and it has become the terms and conditions of the platform that must be done.
Gamblers should complete KYC if they intend to deposit big money to bet. If they want to use big money to bet, they must avoid failure of KYC that means they will not be approved for withdrawal. |
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Username: tranthidung
Post count: 7181
BTC address (SegWit): bc1q39ev92623cc6dnn2mxj8u62c68cd2mv9n0r82r
Livecasino.io username: N/A
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Coingecko reports a 0.3% decrease in value for the token. This month, crypto expert @woonomic tweeted that Bitcoin (BTC) has not yet touched bottom and would not soon rally.
Bitcoin is not a token, you should know this and differentiate between a coin and a token. Main difference between them are - A coin has its own blockchain. Whatever its blockchain is, whatever its algorithm is: either Proof of Work, Proof of Stake, DAG, etc. It has an own blokchain.
- A token does not has its own blockchain. It is built on another blockchain and if that blockchain die, stop working, that token stop working too.
- In other words, tokens are like parasites on other blockchains
However, Twitter’s anonymous crypto expert Capo has suggested that Bitcoin may have a recovery in the near future.
Anyone can say this, in future, in near future but when? We can not and should not time the market. It is why long term investors are winners but short term speculators, gamblers, traders are mostly in pain and get loses. |
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Twitter audit score can be helpful too because I strongly believe that bounty hunters will have their farms follow back and forth. https://twitteraudit.com/Anyway, I also believe bounty managers might not care about it. Basically, bounty hunters are lazy and what they join and work with social media accounts (Twitter, Facebook and so on) are simply zero- or very low-quality. They simply copy and paste their own works repeatedly or worse, plagiarize works of others. We should consider the initial idea and reason why projects decide to run bounties that are useless. But project teams don't lose anything, they run bounties and pay with tokens that are minted by their teams from the air. By that, they don't have to care about work quality of bounty hunters. If companies don't care, why bounty managers should care about that. I agree that if we want to keep the forum clean from bounties, let's consider some potential solutions. - Disable that board.
- Another suggestion (years ago) is: force altcoin projects to pay their bounties with Bitcoin, to reduce their scam intensity and require them to consider more about work quality of bounty hunters.
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