Recently I became interested in the feasibility to withdraw btc through the atm. I read a lot of information about this, here, for example, this article on changelly. If you guys have a similar experience, please share it. I'm worried about the anonymity of such a method. And all in all, aren't such things contrary to the idea of cryptocurrency on the whole if you have as much anonymity when working with it as you do with fiat? If you wary of anonymity then withdrawal through ATMs then it is not suitable for you but you can still somehow withdraw from it without letting anyone know that you are a crypto enthusiast, before take it out you could convert it first into fiat. Besides, I am not able to withdraw directly my crypto out from ATM for the reason that we don't have that yet in our place thus converting it first in fiat would fit in my case. |
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Well if you have been in the crypto community for such long time then you would probably think it as safe haven for any fiat the fact what experience you've been through despite of ups and down you have no doubt to store your money from it. I am no expert myself, but in my years spending here in this community I eventually found what are the capabilities of Bitcoin that is why I do believe that it is a safe haven. I know that this will not be enough to convince everyone but I would just say that you should explore it yourself and take the risk yourself.
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I am very grateful to be part of the campaign. Wishing more luck for everyone's success especially to Luckydice team. For the manager who handle this campaign, I am very thankful for giving me a chance to part of your team. I've already received the payment.  |
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I don't think so. It's all temporary until the virus becomes worse than expected. If it all becomes stable, it would pretty much get back to normal. These donation acts are also just a normal way of countries helping each other but once this was sorted out, political agendas are set once again because of the people in power among these countries, especially the superpower ones.
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Some even don't have any regulation at all, and does not restrict using and buying cryptocurrencies.
Adoption of Germany is quite expectable since they are early to adopt digital currency to eliminate paper cash money. More cities in Germany have most of their population use digital payment systems (but still fiat).
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It's always good to see some adoption ongoing how small it is. And knowing that these are states of themselves introduces cryptocurrencies to the world and various measures these states/countries are taking in ordee for their own coins to be usable and available at most times.
Japan could be a notable country among them since they are known for being in the top countries and adoption by them could make other pessimist giants like US and China to look into cryptocurrencies as well.
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Losing all your money is one compelling reason to stop. Gambling on debt would only make your problems worse. Having zeroed out would push you to rethink your decisions and might set you to another hobby as you say, and just change yourself, or accept your fate. Nonetheless, you should avoid going to that point and always self-control your gambling habits as you possibky could.
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Some even may say neither. When you're winning, you're driven by greed to win more and feel confident that you're lucky. On the other hand, losing just makes you feel the urge to bet more in hopesof recivering your losses.
But for me, I'd say winning is a much easier time to quit than losing. You can easily flip your emotion from greed to contentment, but it's difficult to change a revenge mindset.
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Talking about chances, I think there's more into it. It is true that it can get manipulated by buying a lot of tickets, assuming you're a whale, but if all people wouldn't know how much tickets are already sold, I think what this betting game would act as a security measure is how much tickets are sold by random people and not single entities.
If you're a whale trying to use the strategy said above, you'd have a hugher chance of winning IF your bet amount is significantly higher than all other tickets sold aside from you. If your bet is lower, then it's more likely for you to lose since there are also bets of amounts close to your range, and assuming there's no way of telling how much is in the pot, assuming there are no information leaked, could be a potential game.
Basically, the security if this game lies on people's honesty to not contribute to any large-scale consensus that would spill out possible pot range. You can counteract whales by placing a max number of tickets available for purchase for every user, but they can easily make multiple accounts, or pay other people to bet on their behalf.
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Depends on which countries, but most global powers does not accept Bitcoin still as of the moment. It might be also because of political stands, but we're uncertain.
China does not want a decentralized coin, but rather is creating their own (for manipulation and monitoring). US on the other hand, simply does not approve because of anonymity reasons.
But there are still hopes for adoption. Japan started to research about the feasibility of XRP in banks, while Venezuela seems to be close in adopting Bitcoin as one of their alternative currency, hence their problem in economy.
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Not only crypto, but potentially also any digital online operating casino. Online gambling preserves the interaction as well as the fun of gambling, but removing other influences mainstream in illegal gambling operations like vices and intoxication to substances.
While online gambling doesn't eliminate emotional distress to a person, it certainly helps gamblers avoid additional problems like addiction to other health-affecting factors.
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Most are addicted to gambling mainly because of the desire to win, or to win back their losses. The main thing to remove is these kind of perception in gambling. Because of this greed, it blurs the critical thinking of the gambler of the real odds especially in casinos. Greed for money is mainly the only reason of addiction to gambling.
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The salary for being a blockchain developer is still high since there are still a few percentage of programmers with blockchain developer as their title. And with this becoming more in-demand as we progress through decentralized systems, we can expect further growth in the field.
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It's worthy to note that there are two types of inflation, namely price and monetary inflation. While Bitcoin cannot suffer in monetary inflation, which is the inflation caused by limited supply, it can still suffer in price inflation.
Goods and services can be priced higher when the demand is low, and vice versa. Mainly known as volatility in the market.
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Good points. Bitcoin is still not a payment system when talking about global international payment standards, but could only be considered a way of transferring funds without limitations by banks.
Lightning Network is still anticipated, and while it solves scalability issues, it goes back to one root problem (or not), which is introduction of centralization in the network.
POS could be one solution, but needs a fork and the effects are still not guaranteed.
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That's why most traders trade it beforehand to other cryptocurrencies with lower withdrawal fees such as Ethereum and XRP. The fees for Bitcoin is just quite high for regular withdrawals. However, the problem emerges when you want your coins to be Bitcoin, in which case you'll be forced to withdraw with high fees, or find an e-wallet service supporting direct exchange of cryptocurrencies (even only the top ones) with significant lower fees of conversion.
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I wonder how the US government get a hold of these coins. They said these coins are siezed in criminal offenses, but these criminals could easily wipe any private keys to prevent the US govt. of ever gettting them.
On a side note, this might be one of the reasons of another pump in the market to $10,000. It might spark some demand and buzz over bitcoin, but it won't be directly affecting the market through buy orders because it's a private separate transaction from the market.
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If you're into serious amounts and security, while also preserving flexibility, go for a hardware wallet like Ledger.
If you plan to keep it as safe as possible, and plan to hold long-term, consider storing it in an air-gapped device storing an offline/cold/paper wallet.
If it's not that much and you plan on trading/spending it anyway, then go for online wallets (though not that safe).
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US has been the standard for what's 'next'. They mainly develop technology far more advanced than other Asian countries (except maybe Japan) in the past. Asian countries like China rebrands these technologies and mass-produces them for consumer use.
However, I do agree it turns out the other way around this time. Mainly because of political factors. But improvements in technology kn China (such as AI) makes them a contender to the race.
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