This is possible mate because there are no option to play in the last years pandemic issue, So people/gamblers plays via Online and the best option is Crypto gambling.
I wouldn't say that it is the best option since there are a lot of people that don't even know about crypto gambling but they are still gambling online. It's not crypto gambling that got more prominent but it's online gambling. |
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It is a scam obviously, they try to make it look like they are doing it out of goodwill and that they won't be asking for anything but when you start to get curious, that's when they strike and do the next step of their plan.
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It's a cliche but do your own research but I don't think that as a newbie you should dabble on other cryptocurrency besides bitcoin, try to do some research on bitcoin and invest in it first, and you also have to take the recommendations in this thread including mine with a grain of salt because we aren't responsible for your finances.
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Thought this was an isolated case, I am morbidly glad that I wasn't the only one experiencing this because I have no knowledge to fix it if it was just my network that has the problem. Hopefully this gets resolved as fast as possible.
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This makes it now even more and more important to trust only open source wallets,,, and also as much as possible all the Ledgers and Trezors you ever bought, if you used your personal details you can be sure their databases are not only now vulnerable to hacker attacks (as we have already seen happen) but also to government requests.
What's that going to do if your government has you on their records the moment that you were born, I mean they all have us the moment that we were thrown in this world, if they suspect that you are hiding something especially with their precious taxes, you will be easily located. |
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I think Elon is manipulating the market. He rely on his popularity and influence to adjust the market to bring him profits. Tesla announces Bitcoin acceptance and soon put the information to stop accepting payment by Bitcoin. He is trying to bring the market down to gather many bitcoin as possible.
What can we do if he really did manipulate the market? Pretty sure that we will just be screaming into the void. Elon did some questionable moves there but knowing our place, we should just roll with the punches. It didn't have to necessarilly be bad for the market, the people just made it much worse because they overreacted to the news. |
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They can stop it but people are going to find a way to mine the coins even if there is a ban, there are mines in China that are illegal that has been working for years so shutting down mining isn't going to really affect heavily.
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Exactly, crypto has now become a place where these billionaires have parked their billions already at very low prices and after adding a lot of liquidity to the markets, they started manipulating the minds of people by saying anything good about crypto so to make the prices boom. Now, when the times will come when these institutions will need their profits to be taken out to repay the investors who invested their money in these institutions, the price will be hit by immediate dumps just as we are seeing nowadays.
That's what I was scared when the first big institutional investors get in and made purchases in bitcoin they can buy a lot and that means that they can dump the prices but here we are also benefiting from all of this so I wouldn't say that it is really bad per se. |
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I think it's more fear than greed! They see some whales sell-off, and fear of losing more money is pushing people to sell too, and cut their losses! When there's some big market manipulation, panic is created by whales... and if they hit the market players from all sides, news, forums, big sell orders, many will show weak hands and sell! It's fear, not greediness! Greed I think the root of fear, we are scared that we might not benefit really big so we panic sell. If you aren't greedy then you aren't scared that the whales will dump their coins and in turn cause the prices to go down. |
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rule of thumb when investing in crypto: DO YOUR OWN RESEARCH. We can't vouch for you if suddenly the coin we are rooting on dumps out of existence. To avoid the blame game and its subsequent consequences, best if you would study the market by yourself. There are numerous tutorials in the web on how to do it. You just have to have the patience it takes to learn well from it.
Have to be careful which one to learn on too because not everyone on the Internet has your best interest in mind. Besides doing your own research, you also have to have to make sure that you have a lot of spare money because investing usually takes a long time before you can reap your benefits. Also, if you are a beginner, might want to start with bitcoin and other stable coins. |
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For me everything has been changed because of how fast things are on the internet,
People became greedier, lazier , and of course smarter I think we have been overwhelmed by how easy things has been because of the technology and it is the result of it all.
That's the purpose of technology, to make things much easier for us to do our tasks, I would've said that we didn't got greedier but given the latest shenanigans pulled by Elon and observing the childish reactions of the people after the fact, I do think that we got greedier. |
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Certainly, there will be those who would be envious of all that he has achieved and would want to drag him along negative news. Come to think of it, his support for Doge and BTC can't be jettisoned. Those who criticize him must be doing so to score cheap points.
That's exactly what the other users have been doing against Musk when he suspended the bitcoin option as a payment for a Tesla as if doing that is going to do anything good to them or to the market. |
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I bought myself a phone and some collectible figures and most of my payouts are used to pay some bills in the house and if something is leftover, I save it or treat myself to some good food.
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It may sound biased and arrogant but I think the reason that bitcoin is better than fiat(traditional) money is that it helps you grow wealth and give you financial freedom. That's like the biggest reason for me as to why bitcoin is better than fiat money.
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As far as I know, Bitmex and Binance both are under investigation right now. So, this decline is not only related to Elon Musk, yeah. All of these news combined affected the market generally really badly.
If this is a bad news then I know that it will subside as time goes by, I am pretty sure that the investigation isn't going to be resolved easily. I don't see these as a bad thing for the market because if you have the money, you can probably wait for the news to cause a dip in the market and buy some coins at a lower price and just hodl and wait for the profit. |
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Energy consumption isn't equal to environment pollution.
Bitcoin miners aren't guilty for the environmental pollution,the coal burning power plants are guilty.
What if the Bitcoin miners are buying electricity from nuclear power plants or hydroelectric power plants?Those power plants aren't polluting the environment.
All the dumb people are just "Big Energy consumption-BAD for mother nature.Low energy consumption-GOOD for mother nature" which is wrong.This is a really dumb narrative.
That's what we should be focusing on, and a lot of people still don't get that it is the fossil fuel that does the pollution. I believe that the reason for that is that a lot of people in the energy sector aren't allowed to talk shit about these fossil fuel conglomerates because they will suffer the most so they find another sector to blame which is unfortunately the bitcoin mining sector. |
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12% is enough to create an unhealthy environment. You have to understand that there are a lot of new investors and they all want to increase their capital with bitcoin. But with such tragedy, many newcomers have been blown away. Long term investors may not be affected, however, it is 100% novices are being in the depth of pain
It is a test as to who deserves the big profits, now if these new investors think that when they bought bitcoin, they can already profit really quick then they deserve to lose their investment because they are greedy. Bitcoin alone will not be a good money making machine, if you don't have the patience then you won't be able to get a profit out of it. |
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The present situation might be a shocker to traders as everybody is looking towards 6 digits for the price of BTC. Technically, everything has changed and we might likely retrace to 40K this month
Why would we retrace back to 40k this month though, what is the reason why the market is going down that way and are there evidences that will support that claim. There are still a lot of months for the 6 digit to happen, there's still a lot of time. |
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@Botnake. I shake my head. This is just another clickbait storyline from bitcoin news media. Tesla’s stock has been falling already since February, after they declared that they bought bitcoin and have begun accepting it as payment.
I speculate the real reason why Elon rugpulled bitcoin is because Tesla is seeking entry into the renewable fuel credit market. They have always needed those government perks for the company.
The drop in the stock of Tesla has always been a thing even before they bought bitcoin, they are targeted by hedge fund demons, I think Elon said that in an interview, they short Tesla. I mean who doesn't want those government perks though, that's the best thing for any company there is, you have the government's support and endorsement for your company and I mean by support is that they will prioritize your business over your competitors and you have the advantages. |
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I think greed is what makes people panic sell, they wouldn't sell them if they didn't want to go for instant wealth, they could've waited for it to go up again which is what it will inevitably do in the long-term.
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