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To be honest, I really don't know why the price went from 73K to 67K in the last Friday and Saturday. Maybe the FOMO phase had lost it's power and the selling pressure managed to overcome the buying pressure. I was expecting a price correction, but I don't know how much the price is going to fall before the next pump. One thing is for sure. The FUD army will begin spreading lies and BS about Bitcoin. We've all witnessed this happening during the bull runs in the last. The FUD gets more intense when the Bitcoin price is pumping. More "weak hands" will panic sell during the price correction, which might help for prolonging the price drop. Anyway, the real bull run has to occur several months after the halving.
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Anyone who is familiar with digital bank? All I know is that, unlike traditional bank, they do not have the bank building hence saving them from all costs related to it. In my country, they are offering higher interest rates returns compare to their traditional bank counterpart. Anyone knows the reason why they can do that? Also, what is the pros and cons of using digital bank instead of traditional bank?
I can't think of any pros when it comes to using a digital bank instead of a traditional bank. In both cases you just give your money to the bank and expect the bank to pay you interest after a certain time frame. What happens when the bank goes bankrupt? Some bank deposits are guaranteed by the government in case of the bank going bankrupt. Are the deposits in a digital bank guaranteed by the government? What if the digital bank doesn't have a full banking license? What if the digital bank lacks good customer support? What if the digital bank finds ways to block your account and keep your money? Does this make it worth it to deposit money in a digital bank just because it offer higher interest rates? Both digital and traditional banks kinda suck in my country. The interest rates are so low that it's not worth it to save money in a bank account. |
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So while we are on the discussion and topic of gambling, I wonder if there has every been a scratch off ticket thread?
I was at the gas station today and I said screw it lets get two $1 scratch of tix because why not.
The first one was a flop, but the second one was a winner! I won one lol Just $1. Whoopty doo lol
So I used that winner ticket to go and buy another ticket, and guess what!? The same thing happened again and I won one lol.
I am going to go back tomorrow and get another one and see what happens and keep you guys posted!
Here is a fun question: What is the most you have ever won off of a scratch off ticket? What brand ticket was it?
It seems that you are getting addicted to scratch offs.  That's the main way they manipulate people into thinking that they could win something. You spend 1 USD and get one USD back. To be honest, there's no point discussing scratch off tickets in the Gambling forum, because this isn't considered hardcore gambling. Scratch off tickets are more like the lottery, but it seems to me that the chance of winning the jackpots with such tickets is way lower. Lottery games were called "a tax on the stupid" and scratch off tickets are pretty much the same "tax on stupid" My grandmother was a little bit addicted into buying such tickets years ago. I remember trying to convince that this is a waste of money. |
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What do you mean by "collaboration with other individuals"? Do you want to send your crypto to somebody, who lives in a "tax heaven" country with the promise that he will return you the crypto when you need it? Yeah, I can't see what could go wrong here. There's zero chance for you getting scammed. If you really want to get involved into tax evasion schemes, I suggest you to never trust anyone and to do you own research. If you are too afraid about paying capitals gains tax just don't sell big amounts of crypto. Just HODL until the next bull run. |
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legality of online crypto-gambling in countries like the UAE or Saudi Arabia, where traditional gambling is illegal, is a complex issue.
Is Online Crypto-Gambling Legal in a Country Without Gambling Laws?
If traditional gambling is illegal, then online gambling is most likely illegal as well. I don't know about countries, where traditional gambling is banned while online gambling is allowed. That doesn't make any sense. Do you know anything about a country that doesn't have gambling laws at all? I can only assume that some small and underdeveloped countries in Asia, Africa and Latin America would have no gambling legislation whatsoever. Having no gambling laws would probably mean that gambling is allowed, but that's not the case with UAE and Saudi Arabia. |
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https://cointelegraph.com/news/crypto-mining-tax-united-states-budgetUnited States President Joe Biden has revived the idea of a 30% tax on electricity used by crypto miners in his budget proposal for 2025. Lets just admit it. Biden is never going to try and stop taxing people involved in bitcoin.  Anyone that uses bitcoin here in the usa is directly accountable to the IRS even more than someone that owns a room full of firearms. enough said. What if the electricity is "green"(produced by solar panels and wind turbines)? Will it still be taxed 30%? If the answer is yes, then this is clearly a discrimination tax over the cryptocurrency miners. And by the way, Biden isn't proposing anything. His team of economists is making the proposals. At this point I don't know if Biden even remembers what he ate for breakfast today. Anyway, I don't believe that this proposal will be approved in the Congress, where the Republicans have a majority, but who knows. Some republicans are crypto haters, so they might accept the proposal. |
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Atletico Madrid should never be underestimated when it comes to big tournaments like the Champions League and Europa League.
The equalizing goal by Griezmann was a little bit lucky, the Inter Milan defender should have cleared the ball far away, but he missed and Griezmann was at the right place in the right time. It seems to me that the Inter players weren't prepared for the penalties, while the Atletico players had trained penalties before the match. The second game between Borussia and PSV wasn't interesting at all. The Dutch team had a chance to equalize, but De Jong missed it. Borussia Dortmund deserved to qualify for the next round.
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While in a football view centre last night, some of the football fans were arguing with the opposite football fans strongly defending their teams.
There one of the team guy said... Yes we loosed the match but that does not mean I will deny my team for that because the nature of football is that you would win somedays and you looses somedays too.
So he say... I love my team to the core that I will always stand by them and even if it is obvious that they were going to loose a match, I will still bet in support that they would win the match.
Question: Can you have so much love for your team to behave like this guy that even when you know your love fans team would loose a match, would you still further stake on the match against your team?
Remember that we are catching funs here and whoever chasing after profits is at its own will.
You aren't showing support to your team by placing a bet on a random bookie. Showing support means buying merch and going to the stadium every time your favorite team has a match. Wasting money on a sports betting platform doesn't benefit your favorite team at all(unless the sports betting platform is a sponsor of that team and a part of your bets go for the sponsorship payment). I agree that being a football fan is more of an emotional thing, but I'm just too rational and wouldn't waste money on a losing bet. By the way, I think that you don't understand the meaning of the word "loose". Please change "loose" and "loosing" with "lose" and "losing". |
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Bitcoin is rising upwards in terms of price continuously. Many are predicting that it will reach $100k before halving. In case that happens, do you plan to exit at that price level because of possible correction at that levels ? What is your exit strategy with bitcoin once it reaches $100k?
I don't have an exit strategy. I guess that my "strategy" would be selling a part of my BTC for fiat and keeping the rest of my BTC, even when the price drops severely. I usually don't want to buy stablecoins, but I might change my mind. I find it hard to believe that the BTC price will hit 100K before the halving. It seems that the FOMO phase is going away and it's very difficult for the price to keep going up to 75K or 80K. The selling pressure is pretty big right now and the buying pressure is slowly declining. However, this might be temporary. The fact that you are discussing about an exit strategy means that you are one of those "buy low, sell high, get more fiat money" Bitcoin investors. I have nothing against such investors, but Satoshi Nakamoto might be mad about this. |
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This is a forum about Economics, not about geopolitical speculations.
Blackrock selling BTC to both India and China? OP is clearly trolling and spamming the forum with weird posts.
There's no point for China and India to fight against each other. I know that there were conflicts between India and China in the past, but I can't figure out why would China invade India or vice versa? Does Northern India have lots of natural resources? Does Tibet have lots of natural resources? The answer of both questions is no. A potential war between India and China would mean two things:
1.Lots of pointless casualties.
2.The collapse of BRCIS.
Both countries don't want such outcome.
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*Signature campaign (mentioned)
*Social marketing
*SEO
*Bonuses and competitions
I would also add referral/affiliate program to the list. The casino could incentivize it's own users to spread the word and share referral links across the internet, in exchange of a commission. Some casinos could join affiliate/CPA platforms and pay a commission for every new user and every first time deposit. I don't know how search engine optimization could be useful for newly launched casinos, since the keywords they have to compete for are pretty much occupied by the well established old online casinos, so the competition between new casinos and old casinos for the first place on Google search results is furious. |
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Hey guys how y'all enjoying this bull run? So something got me thinking after reading this news about Blackrock filing to get more BTC for their Global Allocation Fund. Y'all can read the news here, it's a minute or 2 minute read: https://cointelegraph.com/news/blackrock-buy-spot-bitcoin-etf-global-allocation-fundI mean, the funds coming from ETFs are really showing its worth. I can see the excitement on everyone's faces that bought BTC. I also have benefited a lot from it, engaged in different events like the Welcome to bull run on Bitget, some farming airdrops on Binance and many more. But then again, do you think this might back fire on us in the longer term? We all know what these men are all after is to be in control and that's why BTC came into reality cancelling all that making everyone their own Government of their assets. What do you mean by "control"? Do you think that Blackrock will decide which BTC transaction on the BTC blockchain will get approved and which one will be denied? This simply cannot happen. Having a large amount of BTC or owning lots of BTC mining capacity doesn't mean that you own and control the Bitcoin blockchain. Why would Blackrock want to control Bitcoin? What's their benefit from this "control"? If Blackrock manages to pump the BTC price to 150K or more, this would be a great benefit for them, but it will also be a great benefit for all the Bitcoin HODLers as well. Do you really think that Blackrock would want to crash the Bitcoin price, just because they want to "control" Bitcoin? |
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So you are assuming that it's unethical that the employers are monitoring their employees? Why?
There's no such thing as "worker's privacy". Any individual can have absolute privacy only inside his/her own home. Outside of your home, you can't have absolute privacy. The employees are required to be productive, that's the main reason they are being paid. No employer is going to tolerate employees, who check their FB or IG feeds every five minutes during the 8 hour shift. On the other hand, if the employer uses technology to spy on his employees in order to gather sensitive information about their personal life, this is not just unethical. It is supposed to be illegal as well.
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I think that this topic is moving to a political discussion, rather than discussing the odds of Biden or Trump to win.
A more interesting question is will Robert Kennedy Jr. gather enough votes as an independent candidate to change the outcome of the election. If he steals enough votes from Trump, Biden might have a small chance to win. Trump hasn't chosen a candidate for vice president.
Maybe choosing a popular politician as a future vice president will lead to a better result at the elections for Trump. I'm still not sure who is going to be the next US president. Trump is the obvious choice, but all the Trump haters might join forces to stop him.
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OP, I don't understand the point of your forum thread. Do you want to just complain? It's all gone. What's the point of complaining? We've heard many horror stories about BTC being lost forever or stolen. Your story doesn't add anything new. I'm sorry for your loss, but we can't do anything to bring back those 100 BTC. You didn't mention when did you lose the USB key. I thought that you've lost 100 BTC today, based on your thread title.
Can you provide any valid evidence that you really had a USB with 100 Bitcoins? Any noob can make a forum post about having lost 100 or 1000 BTC years ago. Some noobs even make such posts to get merit, which is kinda pathetic.
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BRICS organisation X account made a tweet on Friday which reads 'Nigeria will apply to join BRICS in 2024'. Nigeria has been going through a lot of economic challenges which have caused double-digit inflation and the depreciation of the country's currency the Naira. One of the problems of the country is its over-reliance on the dollar for imports. The dollarisation of the Nigerian economy has put pressure on the Naira causing it to lose much value. Joining BRICS might not be the only solution to the economic recovery of the country but it will contribute to its economic recovery. This is because if Nigeria eventually becomes a member of BRICS, the West African country would be trading its major exporting product which is oil in Naira and also paying for exports with its local currency, thereby reducing reliance on the dollar. Why do you think that the dollarization of Nigerian economy is the main problem? There are many economies around the world, that are "dollarized", but they are doing pretty well. Joining BRICS isn't some kind of economical and financial panacea. What's stopping Nigeria to sell oil for naira without joining BRCIS? Maybe China and India will accept buying oil for naira, but I doubt that the western countries would agree to naira payments for the Nigerian export. The main way to fight inflation in Nigeria is imposing a more restrictive monetary policy by the Nigerian central bank and the Nigerian government finally trying to put government spending under control. |
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So what's their idea? Creating a social network based around gambling? That would be weird. Maybe a gambling based social network will kill the concept of online casinos and it will be more suitable for decentralized gambling. Most crypto casinos have a chat. Isn't this enough for the gamblers to socialize? What do they mean by having more "engaged and targeted" gambling? All the people, who have specific interests can gamble in their own platform? For example, the people interested in anime will have their casino, while the people interested in video games will gamble on another online platform. This seems like a interesting idea, but I don't believe that the current online casinos are going to implement it. |
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The month of march has been a bearish period for Bitcoin since it's history and a lot of whales predicted it's price to go below 60k and probably rise again after March in the anticipated halving towards April. However we saw a different case this year and instead of BTC going down it has attained a high of 65k today which is close to the price of the All Time High in the last Halving by Nov 2021 which was about 69k if I'm not mistaken.
Also, Tether recently released about a billion dollar USDT and afterwards we saw the price of BTC surge above its previous price of 62k to 63 and currently 65k plus. This has made lots of crypto enthusiasts wonder if the billion dollar release by Tether is the driving force behind the resurgence of Bitcoin, what do you think about this?
Well in own my speculation I think Bitcoin could attain a height above the previous ATH of 69k to 70 or 75k and above, before April. Also, if the previous ATH was about 69k there's a possibility that it could double that figure, maybe close to 150k. What's your say on this.
1.March was a bullish month, not bearish. You should read more and learn the meaning of "bulls" and "bears". 2.One billion USDT isn't enough to pump the Bitcoin price. Why would a stablecoin be helpful for pumping the price of a volatile coin like BTC? Stablecoins are being used to hedge the risk of price drops. The traders sell volatile coins for stablecoins, not the opposite. The Bitcoin ETFs approval and the hype around the upcoming Bitcoin halving are the driving force behind the bull market. I don't believe that Bitcoin could hit a price above 100K in 2024. The selling pressure at 70K would be too big and we might witness a price correction. |
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The market price is driven by supply and demand, not by news. I agree that some news have short term impact over the demand, but that doesn't change anything in the long term. Nowadays, the optimism around Bitcoin is thru the roof. We've all been there. People back in 2017 were predicting 500K or 1M Bitcoin price. People back in 2021 were predicting a 250K price. The BTC price crashed back then and the bear markets back in 2018 and 2022 were a thing. I'm sure that there will be another big price crash, but I'm not sure when and at what price.
The best time for a price crash is when there's too much optimism on the markets. This is the best time to sell, because many traders think that the price will keep going up, so they will buy without hesitation.
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I've purchased a Mac laptop that's way expensive than the average laptops I could easily get but because I needed what will work well for the kind of job I do, I had to buy it and I must say that the fulfillment out ways the negative thought of not to purchasing it.
So you think that a Mac laptop is luxurious? Are you kidding me? A truly luxurious laptop is an Alienware gaming laptop. Some of these gaming laptops cost several thousand dollars a piece. I think that a decent second hand laptop could do the same amount of work as a super expensive high quality laptop, but that's just me. Some people get motivated by buying some high quality expensive stuff, so this makes them want to earn more money in order to buy more "luxurious stuff". Maybe that's the motivation you are writing about. I just don't have such motivation. I view this mindset as the culmination of the consumerist imperative(the desire to possess more and more goods and resources). You can call it "greed" if you want. |
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