Art that mines Bitcoin? Now I have seen everything!

Although it would probably not mine enough coin to be a significant miner, but rather serves at artistic purpose, I think thats pretty cool. I think it would be even way cooler If the art would be energy-self-sustaining (like instead of getting power from an outlet, the artist could perhaps install solar panels or some other form of green energy and put it outside in the sun (but not too far away from a wifi source) then that would be a very nice Bitcoin monument to self sustaining decentralized financial freedom.

If you are really skilled and knowledgeable about sports then I am sure you would prefer betting on sports and honestly, I think you could definitely improve your chances if you do your research and do it right. I cannot say the same for any other gambling games like dice. Those are basically just luck. Either you are lucky or you are not. Its all probability and your skill and strategy cannot change that, even if it sometimes feels like it can.

Now lotteries, that's a suckers bet, as they say. A hopeless attempt to deceive yourself into spending a small amount of money because it seems not as bad as betting larger amounts at the poker table, for example. But the jackpot will always be out of reach.

A POS Bitcoin would not be Bitcoin. It would be a POS version of the real Bitcoin. Throughout all these years POW Bitcoin has proven time and time again to be completely decentralized and fair. A POS version would become exactly the opposite. Right now the POS Ethereum has shown everyone how quickly this change will happen. ETH was basically centralized by a few addresses within the first few days of it switching to POS. I do not know the short term or long term real world consequences of this but I do not want to experiment on Bitcoin. Lets see what happens to Eth.

OR 3. They could also take a look at the public ledger which Bitcoin literally operates on. How is this a regulatory achievement? I really do not understand. Anyone can trace where the Bitcoin goes and where it comes from. The only job the FBI has is waiting for the person to cash out on an exchange or do something in connection with the suspicious Bitcoin on a third party website which logs IP addresses and maybe even demands KYC and demand the host to hand over details on the suspicious account. Its really not that hard to catch the bad guys when it comes to Bitcoin. Bitcoin was never meant to be anonymous.


Bitcoin is and always was transparent. Its based on transactions which are on a public ledger, so there really is no "surprise" here nor does this show any kind of evidence of effectiveness from "regulations". But if they want to pretend like its their achievement, then that would be a lie.

I do not think that Apple wants to get into the gambling business as they may see it as too risky or perhaps even they see themselves as too unexperienced in that area. And I honest would have to agree. Why would Apple want to get into a extremely competitive market which is completely foreign to them? It does not sound like a good business strategy. The part about them possibly banning gambling advertisements might be a loss of profit for them but they would not have to look over their shoulder everytime for a angry regulator and spending millions on lawyers just because the gambling world is so full of litigation.

Well it might be a bit too late to wonder about whether or not PGO should be declared as illegal or not since it already exists in a perfectly legal fashion. Of course the government will not want to miss out on profits from the legal side of this entire scheme but they should also find new ways to regulate and protect the online gambling because there are too many vulnerable groups which need to be protected. So instead of declaring it illegal (which I very much doubt they intend to do since this is a cash cow for them), they should be exploring new options. Usually I am not the guy who is on the side of regulators but sometimes it is needed.

Sorry but I have a hard time believing you.

I don't think there exists a casino which will let you deposit/win such large amounts of BTC without KYC. To be honest, I do not believe you have that much money to gamble with which you could have won without KYC. No casino is going to throw themselves overboard, in a legal and financial sense, to pay out such sums to some unknown person.

Furthermore, are you sure you want to deposit such amounts into a third party shady casino wallet without doing KYC? Whats to stop the casino from taking your money? And then good luck proving it was your money or your wallet(s) in the first place.

.

Yeah, totally. There are absolutely no other coins or tokens which are faster and cheaper than Bitcoin AND have actual use cases with are meant to actually do something to raise their value, not just speculatively but substantially... Totally not.

I am sure the community feeling is all you need. Thats never going to disappear, right? No massive panic sells once Elon says "Nevermind, screw doge, I decided to make my own cryptocurrency" or something, right?

Dogecoin is the ultimate copecoin.  

They are only having an exhibition match so its nothing all too special, really. I think thats mainly the reason why nobody is paying much attention. Although I find it very awesome that proceeds from the event will be going to a good cause. Hopefully they raise a lot of money!

I do not know DK Yoo's history other than he is more of a youtuber than a fighter, but he seems like a small fish. And just because Pacquiao is 43 and now retired from professional boxing does not mean that Yoo stands a ghost of a chance against the Pacman. I mean cmon, seriously.

Obviously Manny is going to show him what a real fight looks like.

I see a lot of people spitting on SHIB while praising DOGE with the argument that DOGE has been around since 2013, has built a big and active community, blah blah blah.

You guys realise that that is not a good argument for Dogecoin, right? Its been around so long and yet Shiba Inu already has amassed around 40% of Dogecoins marketcap - despite existing (in a practical sense) since only 2021. If anything, that just confirms Dogecoin being a failure of a cryptocurrency which is only being pumped due to famous personalities who manipulate it to enrich themselves in short-term fashion, like Elon Musk.

Sure, there are other famous personalities which cheer Dogecoin on but who cares about what celebrities like Snoop Dog think when it comes to investment decisions?

Do yourselves a favor and don't fall for the memecoins.

Happy Bitcoinween everyone!

My costume will be a Bitcoiner. A bankers worst fear.

There are almost what, 8 Billion people on earth? Not accounting those part of some lost tribe who do not have internet and live in some backwoods area with absolutely 0 contact to civilisation, I would say we definitely have not even seen the beginning of what price Bitcoin can reach. But Bitcoin is slowly but surely becoming adopted worldwide by everyone and at some point I truly believe it will become the one and only global money. So 1 million per Bitcoin is the smallest estimate I can give you. I don't doubt it will go beyond even that. Only time will tell though.

I think most people here have the mental ability to quit whenever they want. However we should not say that lightly since there is a considerable amount of people who happen to have huge addiction problems when it comes to gambling and cannot just up and leave when they want.

Losing or winning any amount of money has shown in the past to not be relevant when it comes to wanting to feeling just another rush from the risk of losing or winning money in some gambling game. So I really doubt that will convince most people to stop. Even millionaire winners seem to always come back to gambling.

As far as wives go... Well. That might be an effective way to stop gambling when your marriage is on the line.

Well, seeing as you are asking this kind of question in a forum dedicated to users who invest in cryptocurrencies, especially Bitcoin, because they know them to be the future, I would say most of people here would invest a large portion of their winnings into crypto. At least, that is exactly what I would do. And since I gamble with crypto in the first place, I would not even have to do anything other than hodl in order to achieve that.

A part would go to my family. I would buy them everything they need, obviously. I mean whats the point in having money if you don't spend some of it to improve the lives of the people you love?

Not sure about the 3 other things I would do.

Congratulations on your very nice winnings! 10.5k profit is really nice but since your winnings are so large I would wager a guess that your bets are also quite grand. I feel like you might be leaving out the amount you lost when before that :S But I do not want to bring your mood down, so I will just say congrats.

I also applaud the incredibly smart decision to step away from gambling for a while so you can cool down from the excitement of winning that much money. It would be in human nature to continue gambling because you "feel" as if you are on some sort of "lucky streak". And consequentially losing all your money by doing so. I know thats exactly what I would do in your position. :S

I have been seeing Dogecoiners absolutely giddy about Elon Musk and over whether he will integrate Dogecoin into some Twitter-profit-scheme. This has led to a superficial pump in speculative nature. Why do people believe that Elon is not going to simply drop Dogecoin in the future?

Lets take a look at a similiar memecoin and its history:

Shiba Inu.

SHIB is in the top 13 on CMC and must therefore be a good investment, right? Wrong. It's trading at less than 15% of its ATH and is barely surviving.

Remember when it first came out? The idea was to do what most shitcoin devs were doing at that time and send most of the tokens to the wallet of a famous personality (Vitalik Buterin) in order to prove that the SHIB devs could never rugpull their investors and crash the price - they thought Vitalik would never touch SHIB as if there was supposed to be some unspoken, sacred bond between him and this ERC-20 token. Nobody expected Vitalik to donate the shitcoins/memecoins sent to him and crash the markets. Yet he did. Not all of them. Nonetheless the concept of a rugpull-proof memecoin failed. Vitalik did not care about the value of SHIB or the investors of SHIB. And so SHIB crashed and today has yet to recover even a fifth of its ATH price.

Now we have history repeating itself. Except this time with Dogecoin and Elon Musk as its only pillar of support.

I believe Musk is an egomaniac who only cares about the attention he gets from doing things like buying Twitter, making unsustainable cars or half-baked self landing rockets. He is just a bored multi-billionaire who wants more attention. Do people really believe DOGE can survive without Elon Musk backing it?

I for one will not be wasting my time or money just because some useless memecoin did what all cryptocurrencies do every now and then by pumping a decent 50+%.

Congratulations on your very first purchase of Bitcoin! Remember not to make the mistake of selling out of panic, as you will definitely feel a bit scared whenever we have gigantic dips or pumps in price. And do not trade too often (if you are considering day-trading), as those trading fees can grind away all your money before you notice it. Those two things (emotional trading and trading too often) are really the biggest traps to watch out for.

If you ever need help or information feel free to post in the correct segment on this forum and we will try to help you out as much as we can!

Other than that, have fun and welcome to the world of Bitcoin!

I would probably split the prize and walk away with a decent 0.05 BTC. Anything else seems a bit too greedy and somehow feels like it would go wrong. In fact, if you were to use that 0.05 BTC to keep gambling, why on the same game? You could easily win more if you played it smart.

But this thread does raise the question of how much is considered a non-risky amount? At what point does splitting become a better option?

That probably might be different for everybody depending on their financial status such as their income and their capital. If I were a millionaire, I would not care about losing 1k. I would probably keep going and reroll.