Your statement might have been true, if it was not for the clue that Satoshi Nakamoto left for us in the Genesis block, namely : “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Now that tells me that Satoshi was not a big fan of the influence and collusion that there was between the governments and Banks. So, he developed this technology to provide people with an alternative option... when this corrupt partnership between governments and Banks failed. (He specifically mentioned the word "alternative" in his White Paper) So my take on this is that Satoshi created this as a big F#$K you... to the Banks & governments.
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Yes, "time" are very important.... in Bitcoin.... Example - "10 minute block time" - every 10 minutes a new block of transactions is added to the blockchain and transactions within the block are considered to be 'processed'. Also take the Bitcoin "Halving" that takes place every 4 years. The Bitcoin halving is when the reward for Bitcoin mining is cut in half. These are some of the most important things where time has an influence on the Bitcoin price.... not the time that you have to wait for the price to recover for you to make a profit.
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OP, first of all.... welcome to the forum, hope to see good things coming from you guys in the future. I just have a small question and I hope you can answer this for us. How do we know that the most active people are not some Alt accounts from the casino it self ...that are being used to fool the other people into participating in this? There are always speculation that casinos are using Alt accounts to fake activity and rankings in challenges or bonuses like this. ($150 000 per month are a large sum of money for new startup casinos) This presumably happens more with casinos ..where they have their own in-house games ....and not slots or games from third party game providers.
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OP, you should actually just make a small shift in your strategy.... because compulsive buying might not be the best approach. In the beginning I also did that... buying whenever I receive new disposable Fiat income... but I realized that "timing" is everything, when it comes to trading and making good profits. Now, I gather Fiat income and I hoard it, until I see a large drop in the price.... then I buy a lot more coins for a much lower price. I also have a secondary strategy, where I buy bitcoins for my every day expenses... so that I pay with Bitcoin and not with Fiat ..for the things that can be paid with Bitcoin. (Example : Some local food stalls accept Bitcoin payment, so I convert my food budget to Bitcoin and I pay with Bitcoin for that)
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The "Halving" in my experience ..only had a very small influence on the Bitcoin price.. just a week or a few days before it happens. The media attention in the weeks before the Halving, cause some hype in the markets.. but it is actually insignificant. The Halving are definitely not a trigger for a new ATH, so I do not know where you have seen that. The previous spikes in the price to a new ATH, was events like the ICO explosion on social media and large countries accepting Bitcoin as legal tender.
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Now, before we go into Bitcoin's volatility and the best time to buy... I just need to tell you that Bitcoin is not meant to be a speculative investment tool... Satoshi Nakamoto developed Bitcoin to be an alternative payment option.. not an investment tool. So, when the Banks and governments fail, people owning Bitcoin...can still use bitcoins to buy & sell goods or to pay for services. Now that we have that out of the way, I just want to tell you that there are no "best" time to buy bitcoins... I introduced people to Bitcoin when the price was $18 000 and they bought bitcoins at that price... not long after that, the Bitcoin price dropped with almost 80%.... but I convinced them to hodl..and they sold some of those bitcoins years after that for between $40 000 and some even at $60 000.
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Well, like many other contact sports... Power slap contestants run a high risk of serious injuries, if you participate in this sport. (This Sport focus purely on contact to the head... and that is more dangerous than other Sport) ... just Google Artur “Waluś” Walczak who died after a slapping tournament in Europe. "Slap-fighter Jewel Scott has admitted his life will be on the line when he takes part in Dana White's new Power Slap League." - https://www.mirror.co.uk/sport/other-sports/mma/ufc-dana-white-power-slap-29063538I know I will not bet on something, where the risk are very high that the contestants might incur serious injuries or that they might even die.
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So, just to make something clear..... you accidentally deposited to a wrong address of an account that are self excluded on Stake.com... right? Was the deposit meant to go to another account you created to bypass the self-exclusion then? No wonder support are hesitant to assist you, if this was the case. (Did you forget... or were you simply testing, if you could somehow play the system..and get a withdrawal before the 48 days expire?) Well, I hope you get your money back from them, if that was not your intention..... and I seriously hope you can get some help for your gambling addiction.. it can be very difficult.
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Do not forget about the ridiculous amount of money that people are spending or "Air time" or "Data" for their mobile phones. I live in a country with high unemployment and I regularly see poor and middle class people.. owning 2 or more cellphones. The cellphone companies are making a killing with their high cost for data and voice calls.... I would much rather invest in uncapped broadband internet that are grouped between 2 or more houses... effectively sharing the cost and using much cheaper data & voice. (when you are at home) I know of families that are sharing Internet with wifi extenders .... when they live in close proximity of each other.
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Well, an embassy usually have some kind of diplomatic immunity to grant them legal immunity from the jurisdiction of another country's laws. So certain packages cannot be searched and some actions are excluded from the host countries laws and regulations. Now, I wonder if this is extended to the "currency" being used in those countries where Bitcoin is banned. How would an embassy benefit from using Bitcoin, in a country where it is banned? (They cannot use it as legal tender... so what can they do with it?)
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Well, there cannot be any regrets... if you do not have the money to buy bitcoins. Also, the biggest mistake people can make ..is to buy bitcoin with debt. I worked a second job to be able to buy bitcoins back in the day, when the Bitcoin price was about $400 per coin, so my rewards from the future profits was earned with sweat and tears. Also, Bitcoin should not be seen as an investment... things can turn bad very quickly.. and then people can be stuck with coins that are valued at $10. I invested in the "freedom" that Bitcoin offered me.... 24 hour access to my own wealth... and nobody that restrict the things that I can do with it. (If I wanted to donate to WikiLeaks... then I could do it)
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Yes, all levels below platinum gets daily reload. Was it daily $2 for 3 days reload on gold? Mine was $33 as Plat4 and as you mentioned it depends on wager as well. Some plat accounts get half of that due to the low recent wager.
Yeah VIP Gold and my reload $1.33 for 3 days it's a bit strange why it's $ 1.33 why not $ 2 I want to hear other users VIP Gold, whether the bonus is the same or not I've heard that post-monthly is a fixed bonus for platinum1 is $25 don't know whether it has been updated, so your post-monthly bonus is always different in each period? No idea about gold ranks but more or less should be similar amounts. After platinum 1 each it increases $5 per level, platinum 2 gets $30 and plat 3 gets $35. Regarding the last question, unfortunately they decrease base amount of user who wagered low in the recent month, IMHO. So if you only have wagered $3k in last 30 days, you will get $15-$20 for plat 3 rank, IMO. I personally gave up chasing ranks, I'm just fun playing dice and occasionally opening slots, with very minimal capital like going to reach $ 3k in 30 days, the last reload I got was only $ 0.03 😁 Yes, this is my view on this too now..... because once you hit Platinum, it all goes down hard... very quickly. We are about 50 players in our local WhatsApp Stake group and the majority are above Platinum ...and all of them are having the same experience. (It is as if a switch are flipped and you get a lot less wins) The reward for leveling on Platinum and above, will only pay back a very small portion of the money you wagered to reach it. Most people wager at a loss of $10 per $1000 wagered.... so work it out for yourself. It is a bonus for me to receive a reward for leveling, but it is not a method to recover a large portion of the money I have lost by achieving it. (In any ways...... that money goes into wagering for the next level)
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That is just paper losses and so-called funny money, where they do not actually lose that money, until they sell those shares at a loss. They still own those shares, but it is just valued at a much lower price.
The majority of them do not have all their eggs in one basket.... take Elon Musk as an example..... He has money invested in several projects... Tesla / SpaceX / Power Wall / Boring hole ...etc. (He has an army of financial advisors to manage his global financial portfolio)
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This type of thing are more common than most people think. Many people steal money and then they try to gamble and win big, so that they can pay it back and just take the profit. Even if they succeed in doing that, it is still illegal.... so if it was found out... they could still be prosecuted. In the majority of these cases, people might win a little bit of money... but most of them lose more than what they are stealing... and then it grows bigger and bigger, because they do not stop trying.
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"Risking is better than regretting" - Author unknown. ....and this goes with “If you don't gamble, you'll never win.” – Charles Bukowski (So true for many of us.... when people say, I will never win the Lottery, but they never buy a ticket.) “No wife can endure a gambling husband unless he is a steady winner.” – Thomas Dewar (So true for many guys out there.... the moment you start winning, the spouse stops nagging about the gambling)
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It has already been tried by people with a small capsule that was implanted under the skin of a human. It consists of (RFID) technology and near-field communication (NFC) if I remember correctly. ( https://www.cnbc.com/2018/04/13/why-this-guy-paid-75-to-store-bitcoin-under-his-skin.html ) It is also a very controversial topic, because most people say it is unnecessary and even more dangerous than just using a credit or debit card with the chip on it's own. (Imagine someone cutting off your hand and extracting the chip from it and then using that as a contact less payment option)
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You had me excited... until I read the little buzz killer word.. DeFi - https://www.coindesk.com/layer2/2022/07/05/the-era-of-easy-defi-yields-is-over/ DeFi technology are quickly going the route of initial coin offerings (ICO) ... it was a fad or a short lived craze for a while, but the novelty are not there anymore. Things like this should only be based on the most popular Crypto currencies ...and not on a get rich quick fad. I think you will have to re-think the whole DeFi thing..... most people got burnt by it... and do not want anything to do with it anymore.
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Some people are rich, because they inherited their wealth or their previous generation opened doors for them to be successful. I know of several examples where people with money, used their money to get their children into top educational institutions. So, it turn out that it is all about what you have and who you are linked to... and not simply what you achieved. A perfect example is a son of one of my friends.... he was the top achiever in his school... he then applied to study for a doctor .... and he was denied.. but one of his friends with a doctor as a father, with average achievements.. were accepted.
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We have to understand why people store their coins in centralized exchanges, before we judge them. We know that before Bitcoin came onto the scene, many people only had one option to store their money, namely Banks. Then Satoshi Nakamoto gave us an alternative option to store our wealth.... away from any centralized financial intermediary services, but the private sector profit hunters..quickly saw an opportunity to make some more profits and they created Exchanges. People being human... looked for easy methods to buy and sell and store coins.... so they opted for using these centralized exchanges ... so it was their choice to use centralized services again. If anything goes wrong with Crypto Exchanges... people must blame themselves for storing their coins there.
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Well, in my opinion ... people invested in US Bonds will look for other "Safe" investments ... because the US government will default on paying interest on US Bonds. (Bitcoin is seen as a store of value by many people, so they might consider increasing their investments into Bitcoin) That said... a lot of people will transfer their wealth into Gold and Silver too, because that is also seen as a "Store of Value" ....even though I am not sure that Gold and Silver are such a good investment ..with the uncertainty of the amount of Gold that are stored in vaults.
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