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2081  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 15, 2022, 11:02:33 AM
Have you guys checked out the latest giveaway of $2500 from the roobet team? They have been doing it from quite a time and the rewards are also good as $500 to 5 winners is not small amount
I became busy recently and didnt have the time to check on the twitter account of my followed casinos so thanks for reminding us their running giveaway. This is my favorite because its quite easy, though the chances to win is slim (due to many people who joined) but atleast we have chance.
The most of the updates are shared by the casinos on their social platforms which is why i regularly check upon them but yes sometimes we are busy enough that we don't look at them.This is big giveaway from the roobet of $2500 which they conduct from time to time but i have also been not lucky enough to win in any of them.But still trying is best.
2082  Economy / Gambling / Re: Bitcasino.io 💜 — How to choose a VPN for online games? 🔓 on: March 15, 2022, 10:52:59 AM
We want peace. I believe no one wants war. I agree with you partially but not fully. Because I don't think the world cares about all that wars and aggregation. Only the UN, WHO, And a few more organizations helping needy people in these countries. No specified countries donated a specific amount (Except a few) for those kids who die for food. The world is sad for Ukraine right now and the World keeps restricting Russia from many services. Take International Swift for example. Why the World doesn't bother to restrict Israel while they did aggregation on Palestine? Well, That's whole another topic. It's great that Bitcasino contributed to helping needy people. We should appreciate their positive approach.
The world surely wants peace but sometimes the situations become opposite to what we want and worse things take place like this war which has distrupted the lifes of many people but hopes it end soon.I don't know about how much financial support they have gained from countries but the crypto community has already donated more than $74 million which is great.Hope it goes well for them.
2083  Other / Beginners & Help / Re: How far has Bitcoin been effective? on: March 15, 2022, 10:40:21 AM
I think it was hard for people to explain the term bitcoin to others as they were not aware about it but now almost everyone has heard about it through various sources postive or negative.But still understanding it's core level of working is hard until you dive into the learning aspects of it.There are various things related to bitcoin that makes it trust based decentralised currency which is deflationary also like nodes,mining,wallets,keys and other.So if you are keen to learn about them the members have already listed many good sources for you to learn from.I would also suggest reading Mastering Bitcoin by Andreas which is golden piece and can give you enough knowledge about bitcoin that you could explain it to others as well.

5 Resources to teach Average Joe about Bitcoin

Also explore @Ratimov's thread that could give you boost about bitcoin concepts on various aspects.

Based off my experience, I can tell it is easier to lower down your average by purchasing every week, including during All Time Highs, than it is by waiting for big drops.  Big drops do not happen all the time and sometimes waiting turns out to be a waste of time and opportunities.  Imagine waiting months long for another drop with $2,500 already invested and $7,500 sitting in the savings piggy all this time while you are waiting for $25,000 which may or may not ever come again.  The moment Bitcoin starts the bull run, you will have missed a huge Bitcoin investment opportunity.  And look at its history.  It appears to be impossible for Bitcoin to drop to the floor again and touch prices like $1,000 per coin.  Once you miss the Bitcoin train, sometimes it never comes back again.

-
Regards,
PrivacyG
If you have trading knowledge then you can follow different strategies and time out the market to attain maximum benefits but that is not the case with most of newbies and they think investing $100 would become $200 the next day but that's not the case due to many circumstances.The prices are too high and market cap is also high that it will take billion dollar investment just for little pumps.

So as you are saying the best is to follow the DCA method of investment rather than waiting for the prices to dip a little and it has been proven that through this method you can get good benefits and the average price at which you aquire the bitcoins in the long run is way lower than the current one.I habe been doing it for past nine months and it's really good source.

Keep in mind that only bitcoin is the best option to you but the problem is with mindset of people who find it expensive and ignore the fact that they can stack sats also by low investment level also.It is best to make moves on the spot rather than waiting for the boat to come on shore because it might get too late.
2084  Bitcoin / Bitcoin Discussion / Re: My Past nine months bitcoin journey on: March 15, 2022, 10:24:43 AM
When i started investing the amounts into bitcoin the first phase was for six months period and it carried on as i have said previously also but the consistent factor involved was not to swing away with the price dips as there are many days which will be red for market and some green so if there is swing in the momentum of investments then it's bad for DCA journey and we could break up in between.So it was sure for me that I am just investing for long term without selling any coins.This was achieved with some extra savings poured into bitcoin and having some fiat also with me to use in emergency case.

The 10+ years investment is too long but if we keep our goals high and set long term Target we could also achieve it as we have seen people who were investing through DCA method with even low amounts have earned so many good returns over it but the condition was they were holding their coins.But you are right on the part that if we can go through these long term capital growth investments like even 5 years then you would be having fuck status level in comparison to others who are still sinking in their fiat inflation boat.The main point of investment is right but the level of investment will decide the time period to change your status.

As i have already invested good amount of money into bitcoin spreading across nine months period and there are people who can't have daily life necessities sorted out so it's hard for them to invest the money into bitcoin.It can help them to improve their future perspective but still they need investment or work through which they can earn it.So we can say that if they can manage to invest in it the amounts would be considerably low that fees would also be charged and they can sell out any time.Bitcoin can solve problems but can't end these issues.

Speaking about newbie investors then yes they need to setup their proper system if they want to invest in bitcoin because a little dips affect them hard as we have seen in most cases which then results to panic sell.They need to have atleast 2-3 years time period in their mind then only they can get some returns otherwise this method is not suitable for them.If you come into bitcoin investment it's easy as well hard when it comes to holding long term and investing regular amounts through DCA.So make sure about it.

The amounts could be reduced as per we find suitable and carry on the journey and planning to find the fixed budget once i get time to work upon it and then go on with investing those amounts weekly.

I also find it interesting to hear about different opinions about bitcoin through our community and share ideas with them.This thread is not solely restricted to me and anyone who has doubts or want to copy this can do it but keep in mind that cash flow is necessary and amount should be taken into care like what you can invest without the fear of losing.

2085  Bitcoin / Bitcoin Discussion / Block's plan hardware wallet with fingerprint sensors... on: March 14, 2022, 12:31:17 PM
So we all know about Jack Dorsey who is the ex CEO of Twitter and his company Square who is bitcoin enthusiast also and have promoted the usage of bitcoin very well.He has came forward in its support like at the Bitcoin event challenging Musk to come and discuss about btc or running a node to implementing bitcoin tip system on twitter to boost the adoption and spread awareness about bitcoin.

But now his company Block has came up with the idea of implementing fingerprint sensors in hardware wallets for the security rather than having the seed phrase which is by the way key to your funds.

Quote
“We believe PINs, passwords, and seed phrases are confusing and often not secure given the workarounds normal people have to create given all the friction,” the company said in a Friday statement. “Instead, to achieve seamless authentication in practice, we plan to incorporate a fingerprint sensor into the wallet hardware.”

Source: Dorsey wants to implement fingerprint sensors in hardware wallets

This is somewhat modern approach and have it's own safety protocols but having the seed phrases in traditional manner is also good and feasible option according to me as there are also limitations to these sensors which cannot be ignored like :

1) What if during an accident there is loss and we can't access our hardware wallets? The seed can be entered securely under these circumstances

2) After your demise how can your family members restore your wallets because you can share the seed phrases but not your finger print sensors

3) The life also becomes risky if someone came to know about your bitcoin funds in hardware wallets and they can access your funds with one click of your thumb

Certain disadvantages of these biometric recognitions :

Quote
Although fingerprints do not change with age, it can be more difficult to capture them in older people. This is because the skin loses elasticity with age, and the patterns become less prominent, especially due to the thickening of ridges and furrows.

Quote
Adermatoglyphia is a sporadic genetic disorder that causes a person to have no fingerprints. People with this disorder have completely smooth fingertips, palms, toes, and soles.

Quote
Certain skin diseases destroy the dermis and epidermis of the skin. Consequently, it becomes challenging for fingerprint recognition systems to recognize the prints of these individuals.

The thing is I am not against the technical upgradation related to security but thinks that some things if done in traditional manner are more effective.Although they have said to elude the tradeoffs but still there are some caches remaining as technology can be used against us also if not taken proper care of.The funds could be at stake but these are all assumptions which might not happen.

There was past thread about this also on the B&H section and many members were also against this so thought of sharing it with you all and ask about your options here.

They have also asked for suggestions so what are your thoughts about this one?
2086  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 14, 2022, 11:35:05 AM
This is right :



That's pretty true because if you have long term goals in your mind then you don't fear to invest in bitcoin knowing the fact you understand it's importance and deflationary nature.You would not care also at what prices you have invested like $35k or even $50k in one perspective when prices will be at $100k or above but if you think you have gained less then it's other way around because you can't always make maximum profits.You can't have the opportunity to invest at $1000 now so grab it now and avail long term benefits.

For those people who are not familiar with the person in the tweet he is the man who asked everyone to invest $1 only in bitcoin long ago and has shared his video on YouTube also :



And now he is living life king size :



If you know about bitcoin then invest in it if you can rather than going for those shitcoins in the market that are useless and will be lying dead in your wallets after few time.
2087  Economy / Gambling / Re: Bitcasino.io 💜 — How to choose a VPN for online games? 🔓 on: March 14, 2022, 11:09:42 AM
Bitcasino is one of the best casino I know I read some of your blogs and about the Ukraine donation and now information about the VPN, I haven't seen it in other gambling site where they give useful information to their players and other information. Thank you Bitcasino!
I have to agree they were the first casino that started the donation for Ukraine. I remember I got the email that said that bitcasino will match the donation made by players and on first thought I felt like it's a scam but then I realized that it was actually legit and real after clicking the link in that email.

After that their sister site sportsbetio also started the same I think, which was equally amazing. These are the times when you realize whether a casino is operating just to make money or are socially responsible as well. Kudos to the bitcasino team!
Indeed they were also the first one to have Ukraine national flag on the site to show their full support to the people.The casino could provide variety of games to you for entertainment and profit motives but helping the society in emergency crisis is what make them more reputed and apart from others.The way they have helped through donations and flag support is totally amazing.
2088  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: March 14, 2022, 10:53:29 AM

There is an update regarding this. Rollbit decided to lower the whitelist sale price to exactly $1000 but the public sale with dutch auction format will remain at $2000 however the price will be dropping by $25 every 10 minutes with $1000 as the lowest floor price for the format. As for the total supply on the whitelist sale, it was also lowered to 2000 Rollbots instead of the previous 5000 supply
Actually this was expected by me to prices above $1500 easily as the first sale was success so that's why they came up with the V2 sale of Sports Rollbots which have distinctive art and more benefits to the holders so this is what we can expect.The whitelisted accounts are getting them at 50% discount which is pretty impressive with refund also.So i think this sale is also going to be over soon and floor will be above minting after some time.
2089  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 06/11/2021 on: March 14, 2022, 10:40:04 AM
1414 merits today! Smiley


And it seems that record is shattered preety fast as you have already boosted the merit engine with additional 22 merits now  Grin just stopping on the station 1414 for few minutes only and now journey to next merit station of 1500 is only 64 merits away.So best of luck man Wink.

Also congratulations to @Mbitr on achieving his new legendary rank on the forum with flash @Ratimov helping him to reach this rank.So best of luck to you also man. Wink
2090  Bitcoin / Bitcoin Discussion / Re: My Past eight months bitcoin journey on: March 14, 2022, 10:26:17 AM
If I speak seriously then i was not even sure whether I would go this long as first thing was in my mind was to invest some amount for few months only before even writing up this thread like two to three months.But then one day while I was calculating my expenditure I noticed that junk food was into too much consumption and weight was also increasing so i decided to leave it and save the money.The things begin shortly after it and some gaming stuff was lying idle in my house as don't get time to play all this.This then came into my mind to invest the funds into bitcoin through DCA method.

But was not sure that i could go after six months but have planned to go till the time i can and followed the $10 incremental approach each week starting from low and then keep on going with it.The fund flow was stable through job and some freelance work (Keep in mind who reads this that investing requires continuous fund flows) so not a big problem for me and the investment journey begins.After each investment I was happy enough that my funds are being invested at the right place.So now it has been nine months of regular investment which is very good for me and will continue this for more.

You are right on the part that for some people investing $100 is sufficient enough to accumulate more bitcoin in the long run while for others it's hard to take out such big amounts.There are many people in third world country who can't even afford two meals a day so i understand it clearly.There are some times where we need to make changes to our strategies so as our current needs also are not compromised.The decisions must be made very carefully.

So as you said you can decide to invest some particular amounts each month or quarter so I am giving focus on this one to decide how to plan my this month journey as according to me the most important part is investment and amounts could be low also which will give good returns in the long run to the holders.Thanks for the advice and will surely give it a try after studying the expenditure and savings to compare it with investment plans.

Having bitcoin related discussions in both manners like how could it be improved or what are the things going correctly in respect to the public thread is good according to me as many people apart from both of us could present their ideas and involve in discussion while learning how useful DCA method could be,the problems they can also face and how to handle them carefully.So this thread was also created with the intention of motivating and helping new investors.
2091  Bitcoin / Bitcoin Discussion / Re: Elon Musk Wont Sell his Bitcoin on: March 14, 2022, 10:04:57 AM
Actually he still thinks he has the same influential status in the crypto market from which he can turn on the stones into his side for his personal benefits but actually the self proclaimed genius is unaware about the fact that his short term influence is over bitcoin and now true bitcoiners don't give a shit about what he say.

He owns doge,want to make it official coin of mars his alien colony by 2024 and accepts it as payment for his company but the fact it's shitcoin doesn't change and the ETH have no positive impact on gas even after the latest hard fork which burns the coins.

He is actually trying to play double sided games by advising people to invest in some commodities rather than investing in bitcoin so that some price dips could make his position strong by accumulating more at low price levels.But if you are wise enough you don't get advices from people who don't understand it.

Once China was the main source of spreading FUD among the market like they have banned bitcoin several times causing dumps each time.They kick out the miners and the hashrates dropped but after few time everything becomes normal and now they are not China's monopoly.But the world now doesn't care about China at all so is the case with Clown Musk also so let him swing his way.

Yeah, he has made it obvious he wouldn't sell, but what about the near future? Well, I don't think I should
If your bitcoin investments are influenced by some other people then you should not invest in it because even if he sells the market would not collapse forever while the world is on verge of adopting it.So if you understand how the bitcoin growth is increasing you would not sell any soon.
2092  Other / Beginners & Help / Re: Develop a Reading Culture on: March 14, 2022, 09:52:09 AM
I have gone through many books and it's my habit to read some bitcoin related articles and books whenever I want to expand my knowledge about something which i am not familiar about.There are so many useful books and resources available through which we can enhance our Knowledge but never be in hurry to complete them all.Just go slow like first encounter with the golden piece which is Mastering Bitcoin by Andreas and then carry on your work.

There are many threads about these books as it has been mentioned and one was delivered by me also here so you can avoid creating the similar one's.

If you are not into habit of book reading then i would suggest only reading few essential and explore this forum which provides you full support of knowledge on each topic explained in detail by the members.
2093  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 12, 2022, 12:38:41 PM


If this continues we might see global leaders of the bitcoin friendly nature and revolution phase second has already begun where countries are now adopting it.
2094  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: March 12, 2022, 12:28:40 PM
Okay so this time the sale is through this auction format which is also new way of launching these NFT in the market as all other have the same mint price.But whitelisted one's will have the profits sorted even if they flip it because the floor will be high after sale due to benefits from first day.
I would guess that whitelisted people are not all selling at the same time. So, we could see some that end up selling as soon as the market is open for everyone and the floor price is higher, but we could also see some that wait a bit more, like a few days at most and then sell at a loss as well. Maybe it won't be like that, maybe the amount of NFT's are so limited that enough people would want to buy and for months, even years, the floor price would be higher than what whitelisted people are buying it for.

However, that is something that they are risking by purchasing it. At the end, even if you do not sell and just hold, you are still making profit from holding it, so that's not too bad.
I would say that only few people will be selling it instantly after it got listed on marketplace but the floor would not jump instantly as it will take some time for it to surge.The rest who are aware about the additional benefits will hold it for long time and avail more profits rather than selling it immediately.The past holders are still holding on their rollbots so imagine the next one same.
2095  Other / Beginners & Help / Re: Be the first newbie to answer correct and get 1 merit on: March 12, 2022, 12:17:33 PM
It was indeed a very nice puzzle for anybody having a bit of knowledge about the "internals".
I mean that although indeed it's a Bitcoin forum, far too many don't know what base64 is and also far too many don't know what to do with a list of binary digits.

So my advice is to make also puzzles for those with no IT background, or at least tell that those without a bit of IT background may "have difficulties" Cheesy
Still, it was a nice one Smiley
Yeah people who are not aware about say base64 encoding or decoding might face difficulty in solving this puzzle as you said who are not from IT background could have trouble solving these puzzles.Although i would say binary is more known to people as they have learnt that 0-1 is computer understandable low level language basically termed as binary but after steps might be confusing.

But still members could feel it interesting to solve while making efforts to learn about new things through this also so nice efforts by the @OP to start something which is helpful in learning new things to newbies.So make such puzzles for them to engage them more.
2096  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 06/11/2021 on: March 12, 2022, 12:00:39 PM
@DdmrDdmr will soon reach 7000 merit, Cheesy anyway congratulations on that

He has achieved really cool merit numbers as 6900 is good to have  Grin if you what i mean but now this is shattered with additional 26 merits on his profile.But good you saved that kinky numbers beforehand  Grin.So congratulations to the robot merit sender @DdmrDdmr

This is incredible, sincerely, am amazed 😳, If I was told that it's possible to earn as much as 1000 merit on this forum in just a space of 2 months and few days, I would clearly disagree, but looking at the quoted text above, I am truly humbled.
Permit me to say a big congratulations to you sir, you are an inspiration and a role model to many of us on this forum, i can only tell you to keep doing what you do, cus it's clearly working and the result is evident for all to see.
Congrats once again sir.
What seems impossible for many it's normal for @Ratimov to attain it like these merits and you could easily see he has already sailed on to the next destination of 8000 with additional 126 merits in just day or two.There are many other things he is capable and that's why i call him flash @Ratimov Cheesy

Also congratulations to you on having those 333 merit records and wish you all the best for your next hero rank on the forum.So keep working for it.

Oops my bad.
Honestly I don't even look at existing merit amounts when sending.
Now I am going to think about what would make nicer numbers.
Or not....

-Dave
Generally we don't care about merit status and give out what we think the post deserve and many miss the opportunity to have those magical merits to save them here for future reference or say many don't care to save them here.But ofcourse you can make some records while keeping this in mind.
2097  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 11, 2022, 12:13:34 PM


They are hitting so high that even Bruce wayne is feeling like not roaming around Gotham in his super bikes  Grin



People are now on the verge of panic and there are rush seen on each gas station probably with people hoarding the gas canes to fill out the containers in hope they might be go beyond these levels and seriously this has affected the market once again that even cars are getting fainted to see these rates




Please CB Sthap.
He ain't listening from long time as we have asked him to show us some good profits but soon he is going to listen to his WO buddies Grin
2098  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: March 11, 2022, 11:34:15 AM
Have you guys checked out the latest giveaway of $2500 from the roobet team? They have been doing it from quite a time and the rewards are also good as $500 to 5 winners is not small amount

Quote
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Go and participate on the Twitter to have a chance for these rewards and might be you lucky to claim these rewards.
2099  Bitcoin / Bitcoin Discussion / Re: My Past eight months bitcoin journey on: March 11, 2022, 11:21:09 AM
I cleared understand what you are saying but the thing is I have started my bitcoin journey with full confidence and was aware that at some point there could be financial issues because you know sometimes the funds inflow and outflow doesn't have balance in certain cases like the one i have mentioned above so there are two options with the investors at that time :

1) Give up the DCA method to invest and maintain the equilibrium of fiat to maintain the expenses so that it goes smooth and invest afterwards when you have funds.

2) Have some risk reward structure in your mind and think about how can you manage the situations so your future could be secured as Bitcoin is the best option that can safeguard you from inflation and many other things instead of any other shitcoin lying dead in your wallet after few years.

So i decided to invest $100 weekly and that was also good but yes you can say that is regarded as aggressive investment strategy on which i need to focus so that in the current time i don't have any financial to cover my routine expenses as they are also important.But i am thinking on to change my DCA to fix amounts weekly rather than increasing it each week but after each month so that my investment goes on fine.But will see to it how that goes afterwards as have invested this weeks funds into bitcoin already and I am happy with this going on.
2100  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 06/11/2021 on: March 11, 2022, 11:02:05 AM
Although my next goal was to save another record here when the new merit status was achieved of 1500 but before that i got some nice one which is worth including here so that's why i am saving it here for my future reference :



The double 1414 seems nice to me as reaching here has costed my efforts and hard work but now when you achieve these records it feels immense joy to you.So now off to the next one Wink
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