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21  Economy / Gambling / Re: Crypto Bet: A wider Array of Altcoins are being usef on: May 11, 2022, 01:37:22 PM
It has been reported that the online gambling industry has shown more people are starting to use crypto to gamble online forgoing Fiat. And that there is a greater interest in betting with Altcoins.
  Over the past two years,gamblers using crypto online instead of Fiat has significantly increased.The study comes from softswiss,which provides software for managing iGaming operations.The organization holds several gaming license and was the first company in the world to offer a Bitcoin optimized casino solution.
Softswiss said the share of crypto in Q1 2022, increased by almost 10%: from 26.3% to 35.9%. In comparison to the first quarter in 2020,the share of crypto currencies has grown by 29%. If such dynamic continue,the share of Fiat and crypto currencies may become equal over the course of the next year,as Fiat currently is the most popular choice for online betting,64% of people use Fiat.
https://beincrypto.com/crypto-bets-a-wider-array-of-altcoins-are-being-used/


There are lots of features that crypto gambling offers, that is why the players moves in. They can see how easy it is to manage, being anonymous, less transaction fees and so many perks. Since crypto currencies is gaining worldwide acceptance, they are felt secured that it is safe to play in some trustworthy crypto gamble sites. While traditional mode of payments are still an option for withdrawals, it is slowly changing, and crypto currencies are replacing them. These are just some examples why players or gamblers are slowly switching, thus crypto currencies dominating the world of gambling.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: What a bear market actually looks like on: May 11, 2022, 12:30:51 PM
Bear market haven't even started yet, if you know how ugly a bear market gets you won't be buying altcoins right now, how many altcoins have died so far due to bear market? None right? Well let me tell you, a bear market is a death bringer for altcoins, all those meme coins and shitcoins that you are eyeing won't live to see the end of the bear market, its always so painful for altcoins to stay alive at such season.

You Ain't Seen Nothing Yet.

This is true, I remembered back in the days when most of the coins began to boom and got their ATH. Then here comes the bear that finished them off for good, even eth that time goes down below 40 dollars each from more than 2 thousand dollars. It was also the time I regretted buying it again, what a waste. There are also tons of dead coins left on my old ether wallet, seeing them brings back memories.
23  Bitcoin / Bitcoin Discussion / Re: EU proof of work ban (Bitcoin) on: May 10, 2022, 09:23:02 PM
I believe this topic belong more on the BTC discussion board than Bitcoin mining board:
As the world looks toward a reduction in electricity demands and consumption EU government is presently set to regulate Bitcoin/cryptocurrency operations within its region and one among the list of things to be voted on although now removed from Monday voting was the ban of proof of work POW (which have a long history of trust but high energy consumption) to be replaced with proof of stake (POS) am excited and at the same time confused on the future of Bitcoin mining and it operates in the EU, but thank goodness the vote on the ban on the proof of work blockchain mode of operation has been dropped, so that is the EU Parliament will not vote on it by Monday. As the EU considered moving from proof of work blockchain consensus (POW) to a more flexible and eco-friendly proof of stake (POS) it will have a direct negative impact on bitcoin mining which runs on the proof of work algorithm.
Will bitcoin scalability reduce the rate of energy consumption in the future to have an edge of parliament decisions in such a direction just like Bitcoin's anti-inflation mechanism
further reading

I don't believe they care at energy consumption at all. How would they end the things that contribute to the economy? Burning more fuels means generating more income, if they cared, they would've taken the advise of the recent scientists who protested on the effects to our planet. Bitcoin mining will be there until all bitcoins are mined, that's it. They could offer alternative solutions for the electricity consumptions for bitcoin mining, there are lots of renewable energy like solar and wind. It doesn't have to come to and end where bitcoin mining is banned.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Just lost my job, new yorker here, what to do next? on: May 10, 2022, 07:52:04 PM
-snip-
Please, If people ask you for Investing.

Use your money wisely, one thing you should know. Never use any money form your financial need, I believe you don't have a lot of Fund Saving. My suggestion, better to stay focused to your jobs freelance first rather than Investing.

Build your Fund Saving, until Investing Lost not gonna to effect your life.

Yes, probably pay off credit card debt of 3K with my savings, I think removing/Reducing bills may be the right thing to do, Warren buffets wise words. Thank you.

Sounds a better plan, bills will slow you and will make it harder for you everyday so get rid of them. Are you single by any chance? If yes then you could easily make it out there, as there will be less liabilities. Well we have our own battles to win so good luck out there.
25  Alternate cryptocurrencies / Mining (Altcoins) / Re: Don't make a big mistake miners on: May 10, 2022, 07:02:51 PM
That depends on a person point of view,if for example one believes that in the long run the price of the coins will increase then those persons will disagree with your statement while many people who became afraid and turn off their rigs when price goes down then those will agree with you.Personally I am one of the persons who believe in a big recovery after such a massive crash of Bitcoin price.If the price of cards go down I am get a couple more to increase my hashrate further.

These miners do not have the courage to do it and have never learned their lessons. Or maybe they don't have the money cover up their electric bills to continue mining on bear markets. I once shut off my rig when bear came and I regret that decision and now I am not doing it again. So mine until your cards die.
26  Economy / Gambling discussion / Re: Gambler turns 60 pence bet into £157,865.59 on: May 10, 2022, 02:06:36 PM
Quote
A gambler turned a 60p bet into £157,865.59 this weekend when two Premier League teams came from behind. The punter correctly predicted all 16 results on Saturday in the Premier League and Championship at odds of over 263,109/1, and while the majority came in with relative ease, late comebacks were needed in two 3pm top-flight games.
Quote
"What makes the acca even more impressive is that there was just one draw across all sixteen games, and our customer managed to pick it out; truly remarkable stuff and we're delighted for them."


Totally insane, this is a remarkable bet. This could be made as a movie, maybe a single episode whoever this lucky winner is. I have never experienced winning an odd like that, what joy could it bring to you when your little bet gets you to that jackpot, awesome win.
27  Bitcoin / Bitcoin Discussion / Re: A time people have been waiting for bitcoin to drop on: May 10, 2022, 12:21:56 PM
Hello 👋
Okay, presently I want to ask why the sudden panicking around the media and forum here.
I could ones remembered when bitcoin was +$69k and everyone seems to be panicking for the price to get 32k or below. Today we have another chance to buy very low yet people still waiting for the price to drop even more lower.
I want to know when is the best time to buy or waiting more dip to buy and what if the price turns back to bull?
What do we do?

I think we can't really pinpoint exact date or time to buy, even traders do have margins. I myself buy Bitcoin whenever I feel like it and have the money to, and the same goes for alts too. It doesn't matter when I bought it, I sell it when I need it or if I see I have gained decent profits already. People are scared to lose, and that is not the case for me, if I lose so be it and I will gladly accept it. Making mistakes is normal, but not learning from them is a different matter. So buy now, or regret the feelings later. If they are afraid to buy and are waiting for the price to drop even further, they could've bought a portion, and buy again when it goes down, and again. I don't know what is the term for it but this is what my other colleagues does and it works for them.
28  Economy / Economics / Re: "...all of the bitcoin in the world for $25" on: May 09, 2022, 11:37:05 PM
Warren Buffet recently made a strong declaration that he wouldn't buy all of the bitcoin in the world for $25, and it gave us a better glimpse of how he really views cryptocurrency. He went on to say that Bitcoin "doesn't multiply" and "doesn't produce anything," which is true if you think about it, except what multiplies in BTC is its value. I wonder what would make Buffet change his perception of BTC. Or maybe he's just trying to influence the crypto market for a bargain buy.

He will only change his perception about cryptocurrencies when all of his wealth will be worth nothing, and his fiat money will no more less than a piece of paper. Then he will realized what he had said and contemplate. If he want's a bargain buy, he could've done that already. How many times that BTC dipped already? Unless he is secretly buying it and not made to public.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: How much has the value of cryptocurrencies grown in 3 years? on: May 09, 2022, 10:20:23 PM
Well people don't normally look onto that numbers in 3 years, they want instant wealth that is why they are not able to see how much they could earn investing in crypto currencies. Bitcoin should be on everyone's holdings, just be sure, all altcoins are partnered and traded with it in the first place, even though how much of an altcoin fanatic you are. I hold BTC and ETH and other top alts too, even though harsh times comes, I rarely cash them out.
30  Economy / Gambling / Re: I miss the old OnChain gambling on: May 09, 2022, 09:17:18 PM
Onchain gambling is gone, it was one of the first ways to gamble our bitcoins... The casinos used to be totally anonymous, to the point where you don't have to create an account on the casino to place a bet. And that was what I call freedom.

When I join to this crypto world in 2014, there use to be 2 casinos with this feature, their name was Lucky bit and Satoshi Bones. And their games have a unique address where you can send your coins and get back to the bet result to the address where the bet comes from. That was how they didn't ask for an account to place a bet.

Those engines were provably fair, and the max wins were up to 100BTC in lucky bit (in that time BTC was at $500 approx) but still huge.

The new casinos are crazy with their KYC rules and customer support. They hold users' money as if they were the owners of the money, and you can find all the same slots games bringing a lack of original and probably fair games.

Maybe regulation brings us to the current situation, but in the past was funnier, fair, and legit. And that's why I miss the old onchain gambling.

Do you remember those old casinos, and what are your thoughts about the current gaming sites compared with the old ones?

I never tried the old ways of how people get to gamble with crpyto because I entered this field in 2017 and it was the year of hype and new ATH for most coins. Your experience is great and somehow gives me a little bit of fear maybe because I never really have done it. That is way too simple and no hustles as you stated, I wonder how did it end up like these with so many regulations and restrictions. So much about control, Bitcoin was made to express our freedom and now, it ain't going there somehow in some parts.
31  Economy / Gambling discussion / Re: WE NEED A HALL OF FAME? on: May 09, 2022, 08:33:05 PM
I made this post because i think we, the community of gambling of bitcointalk need a kind of Hall of Fame.

What im saying?. Some like a thread that show all the winner of major events like, big Poker tournaments, Predictions pools.


You can see all the winners of the tournaments or best positioning in one post. And also this can work like a "trust" tabble to who is speaking in any thread, like ohhh see he is the winner of X competition.

Example:

Top 3 of BETNOMI POKER SERIES.
Top 3 of Sportsbet Predictions POOL


What do you think?



Seems like a nice idea, but what advantages does it brings to consumers, new or old? I am fond of playing poker so wanna know who is the best among of the crypto gambling sites in here, really want to see where this is coming to. By the way how would they be rated?
32  Economy / Economics / Re: Bitcoins and Influential Social Networks on: May 09, 2022, 01:58:57 PM
Mass “maneuver” networks or current social networks can be used to boost or defame a currency (crypto). Overall, is it beneficial to use monetary investment in social media to increase the value of a cryptocurrency? Even at the risk of defamation by the network itself?

It is a good strategy to use Social networks, just look how vast the numbers of users. I was once in bounty campaigns for altcoins and mainly used my twitter and Facebook account. Just proves that it has an impact, the audience these platforms are great and it is easy and free to use by the users. The only time facebook wasn't used is because it banned the use of it's platforms for promoting ICOs, because there were lots of reports of scam accusations that's why it ended.
33  Alternate cryptocurrencies / Mining (Altcoins) / Re: NiceHash - 100% LHR Unlock on: May 08, 2022, 02:24:33 PM
like when did Nicehash bought Excavator as their own miner?

You are too young...

Zawawa, Gateless miner, was asked to join excavator from NH to speed things up and got paid. It was march 2018..Still I dont like NH aniway...

I've gone to a pool since the day NH was hacked, I did not thought about them building an excavator.

The news is great and this will pump LHR cards, or is it just a strategy to dispense all of old cards and getting ready for the new series of cards? I've been to mall early this morning and there is no single LHR card that I've found, they were all gone and this frustrates me for being late of the news.
34  Economy / Economics / Re: What would happen if Tesla decided to sell its Bitcoin? on: May 08, 2022, 12:57:37 PM
We all know Elon Musk's acquisition of Twitter, but how to finance the deal is still unknown.
The billionaire sold some shares in Tesla and is trying to obtain loans from some banks.

Quote
Tesla chief executive Elon Musk has sold roughly $8.5bn (£6.8bn) worth of shares in the electric car maker, just days after he agreed to buy Twitter. The sale has led to speculation that it will help to finance his planned $44bn buyout of the social media platform.

Source: https://www.bbc.com/news/business-61255092

What would happen if Elon Musk decided to sell his Bitcoin? What will be its economic impact on the price of Bitcoin?

It will definitely impact the crypto market all in all. He's got some influence we know that already and just a tweet from him of a certain coin will moon it by any chance. I don't for how long, maybe until there will be positive news to Bitcoin and will spark a new Bull.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: "NFTs are overrated, over valued and nothing but useless tech fetishism" on: May 07, 2022, 11:58:45 PM
I cannot say that this would be 100% wrong. I mean you could say that it is a different reason, but at the end of the day there are some who will end up doing it just because it's a new tech stuff and no other reason. People keep arguing over how they feel and how they approach it and why this statement is wrong but that just shows how they approach it and not the general population.

I guess that useless tech fetishism is not really a bad term for what NFT is, considering all the insane amount of money spent on silly apes and cryptopunks and so forth, I would guess that tech fetishism doesn't really sound like a wrong term.

I saw some post that when you buy an NFT like ape it could be a ticket to meet your idol rapper and celebrities' on a discord channel and talk to them like they are your friends. I don't know if it is true but these people are making money just because of that, and the artist are paying them. I can't really understand how NFT could revolutionize the arts industry.
36  Alternate cryptocurrencies / Altcoin Discussion / Re: Am curious about bounties on: May 07, 2022, 01:48:51 PM
I am looking to try out a bounty campaign using signature but I don't see anyone worth my time right now, I do have a question about this, does it make more sense to promote projects that are already trading over those that are not listed on exchange yet? I see so many that aren't listed like whsiperMSG, Valore, Elysian Finance, they don't look like they will be hitting an exchange any time soon.

What and what makes you promote a project?.

If you have spare time and wanna earn some shit coins then you should probably try it. Who knows you could hit a jackpot, once in a blue moon coin that gives you happiness when it hits the exchange. However if you have doubts, you should just do btc or dollar payments, just stay tuned for BM that manages it and apply. Bounty hunting right now isn't worth it, in the end it's up to you whether you are okay with gambling your time on them.
37  Economy / Economics / Re: Standard of living on: May 07, 2022, 12:26:29 PM
The prices of goods and services are increasing everywhere in the world, inflation being the major reason why, the physical and political war in Ukraine is also compounding issues for some specific countries, as we know if prices of commodities are high which they are, people will spend more money to buy the goods they need and pay for the services they want. Standard of living on the other hand is like a general term to quantify the economic well-being of people in any country, meaning if the prices of goods and services are high, people would be able to afford very little goods and services and that will make the standard of living to drop generally, and that also goes vice versa.

So i would like to know what the standard of living is like in your country now compared to five years ago. Was there any sharp difference in the standard of living pre pandemic and now. If there is a great fall in the standard of living in your country, have there been any move by the government and employers of labor to alleviate the sufferings of people. People who live in Ukraine, if you don't mind, i think a lot of people would want to know what it is like there too since the war began.


5 years ago was totally different, I pay less than 2 dollars for chicken per kilo, now it is more than 4. Inflation is the roots of all of this, but the best things happens in times of crisis for us. Our elected president was so smart that despite the pandemic, he still manage to lift the country up. So to cover up for the high prices of commodities, he gave people an increase in salary, mainly the government employees and my wife was one so I am thankful with that. He almost doubled it, also he gave money to the poor with not enough income to feed the family. If he wasn't been our leader, we would've been on a different path, maybe we were next to Sri Lanka or even worst than Ukraine.
38  Bitcoin / Bitcoin Discussion / Re: 19,400 BTC on: May 06, 2022, 07:19:48 PM
Someone is trying to lie here  Cheesy

Fortunately for us, every post is archived; This is what you said at first before editing the post



In 2014, Bitcoin's average price was $300-$400, sometime it even reached $700- $800

Let's say we consider the lower price $300, are you trying to say you sold the laptop at a flea market with (19,400 X 300) = $5,820,000 worth of BTC in it?


Good digging out there, you have managed to bust the guy out. What on earth is his purpose lying to us in this case? Can he gain something out of this? What is it that he is trying to accomplish? Those BTC are huge and should prove that he is the real owner somehow.
39  Bitcoin / Bitcoin Discussion / Re: Half way to next Halving reached on: May 06, 2022, 02:57:07 PM

We know that it's all about moon after it happens and that's why people are telling everyone that they have to accumulate as much as they can before it happens. But not until they see the price have grown a lot, they'll just start to buy it again when it's already at the ceiling.
That is certainly what we expect for the new ATH.
That is why I'll the chance of buying more coins these days as the prices are cheap as going to believe that prices may be doubled or even triple during the next halving. And to see Bitcoin reach $100k is near possible as last Bullrun and ATH we reach $70k. I would assume that the majority had already made their plan while we are in the bearish moment life of crypto. This may not be going to last longer and so we don't take this current situation for granted.

So now is the time when the market crashes a little bit. Two years is like 2 months, days are fast and we have barely felt it. I thought is was just yesterday the last halving that have happened, I am very thankful to have experienced it first time and now I won't this second chance if given to slip away.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you know we are in the middle of a digital identity crisis? on: May 06, 2022, 01:18:26 PM
Everday hackers are trying to make data breaches to gain access of your personal data. It's something we're all aware of. But, maybe more significantly, what can we do to protect ourselves?

As soon as we enter any website or application, we should start reading the terms and conditions.

But I have come across projects like HyperSign. They are creating a decentralised framework that protects us from being defrauded.

Learn more about them here: https://hypersign.id

And now you are telling us to give our identity to some unknown people? It doesn't remove the problem of giving your personal information to the web. How can we be so sure that project will protect us and won't sell us out to those hackers, or worst hack us themselves. The best way to avoid data breach is not give your personal information in the first place.
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