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2101  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it better to have 5, 12 or even more coins? on: June 18, 2022, 12:38:03 PM
The list 2 looks really nice and diversified into various fields.
$1k into each of them is a good amount and I think when the market rises, having this portfolio will show better results.
You can also track the history and find 9it the gains of last 1 year from these coins.
It will show you well these coins have performed over the year and may be then you can take your final call.
2102  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason why I won't be buying top altcoins in this bear market on: June 18, 2022, 12:29:49 PM
I think OP is partially correct. There may be some altcoins which may not hit their ATH again but we can never know which those coins would be.
At the same time, its the altcoins that rise more in a bull market so avoiding investing in altcoins would be again a major missing for the bullish gains.
It all depends on how good we are at coin selection. The game is to enter a good trade at a good time.
2103  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 18, 2022, 11:59:32 AM

I had sold my FUN for a price of 30 sats long back and accumulated some sats and I am waiting since then for FUN token price to drop.
But the price is constant since then and I wonder when the price will drop in sats.
At the same time I am earning the 4% interest on the accumulated sats.
Hopefully the price drops so that I can buy more FUN tokens and utilise those WoF spins.

I am not selling anything and just staking my FUN tokens. Most of them are locked with 1 year, but I might sell some, when they get released. I think in the long end, the initial buying price doesn't really matter as the benefits with the premium membership are interesting enough. I still hope, that if the planned roadmap goes good, that we will see another increase in price!

That's true. Even I have some tokens locked in for 1 year which I would be holding for even longer I think. The benefits are really good for FUN hodlers.
At the same time I am "trying" to trade FUN tokens and profit out of it. It's just an experiment though.
Do you have the roadmap for FUN token ? Can you provide a link to it.

I think one year locking is quite a lot of time for people with more than 50k or 100k FUN tokens.You cannot predict what will happen in one year to the price especially now that Bitcoin price is going down massively,one that locks such big amount for that amount of time risk to lose times when the price of FUN token increases a lot let's say 15-20 Satoshis more than when you bought them and thus losing big on the gains if they were to sell a big amount of the FUN tokens they hold.This is just my idea though,I see a lot of people here not bothering locking for 1 year,personally max I lock is for 1 month.

That's a good point. The amount of FUN token we lock also matters.
I have locked 2500 FUN tokens only which is why I am not bothered on the price gains we could have made.
I enjoy the WoF spins for the same which kind of compensates it.
On the other hand I also have the same amount of FUN tokens which I trade and try to get the gains out of it.
So I guess its better to have it this way where we can utilise the benefits on both the sides.
2104  Bitcoin / Bitcoin Discussion / Re: Michael Saylor margin call if Bitcoin dumps below $21,000 on: June 18, 2022, 05:24:36 AM
It's very hard to believe that number $3562. If it came to that, he would lose EVERYTHING. It would be completely liquidated. That is, a fund that had billions would disappear. Long before reaching that point, he would have had to look for several options to stay rich. As well as several other funds that became multimillionaires with this latest price hike.

There seems to be a very high gap between 19k and 11k. I hope the market doesn't test this 19k, as there could be a slingshot effect knocking down the rest of the market.

But the danger is that if bitcoin reaches the price of $3562 and the company decides to sell all of Saylor's coin then just imagine what disaster it would cause.
57k bitcoins selling at a price of $3.5k would literally drag the price further down and it may go below $1k or $500.
Who knows it might even be the end of bitcoin since there will be a hell lot of panic in this case.
But I hope that doesn't happen.
2105  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 18, 2022, 05:08:11 AM

I had sold my FUN for a price of 30 sats long back and accumulated some sats and I am waiting since then for FUN token price to drop.
But the price is constant since then and I wonder when the price will drop in sats.
At the same time I am earning the 4% interest on the accumulated sats.
Hopefully the price drops so that I can buy more FUN tokens and utilise those WoF spins.

I am not selling anything and just staking my FUN tokens. Most of them are locked with 1 year, but I might sell some, when they get released. I think in the long end, the initial buying price doesn't really matter as the benefits with the premium membership are interesting enough. I still hope, that if the planned roadmap goes good, that we will see another increase in price!

That's true. Even I have some tokens locked in for 1 year which I would be holding for even longer I think. The benefits are really good for FUN hodlers.
At the same time I am "trying" to trade FUN tokens and profit out of it. It's just an experiment though.
Do you have the roadmap for FUN token ? Can you provide a link to it.
2106  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hodlers are actively buying bitcoin these days on: June 17, 2022, 02:54:18 PM
This is really exciting. Although the dump is bad but at the same time I am happy to get such an opportunity to buy BTC at such cheap prices.
Thanks to all the weak hands, now we can buy more BTC for the same amount of money we used a year ago.
People are saying bitcoin will dump more and in that case I would like to wait further to see if I can buy more satoshis at cheaper prices. I am getting so greedy because of the dump.  Grin
2107  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 17, 2022, 02:49:18 PM
Never touch money if you aren't aware of who sent it to you.
May be someone sent it to you wrongly or may be someone wants to frame you and knowingly sent it to you.
You might use the money thinking you are lucky but the next day the cops are outside your house for money laundering or terrorist funding.
It's always better to wait for at least a few days before you take any action. Reporting it to cyber cell is the best thing to do in such cases.
2108  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 17, 2022, 02:16:08 PM
If that is the case as many expect here then it would be a good idea for people who hold FUN token,to continue to buy further if they have the possibility or to buy a couple of FUN daily from winnings from Premium Membership and wait for that massive crash of price that would entitle us to win quite a lot of Satoshis,in the recovery we can buy back FUN at a much lower price then we will sell.I only hope this prediction come true but I think we will see what everyone do not expect,a huge price recovery.

I also started buying FUN tokens using winnings from free spins and multiply, but I think that I am very far from the necessary 2,472 FUN to get the opportunity to daily 4 free spins WOF, sometimes I just don't go to the site for a few days, it would be easier to make a deposit and just immediately buy the required amount of FUN.

I had sold my FUN for a price of 30 sats long back and accumulated some sats and I am waiting since then for FUN token price to drop.
But the price is constant since then and I wonder when the price will drop in sats.
At the same time I am earning the 4% interest on the accumulated sats.
Hopefully the price drops so that I can buy more FUN tokens and utilise those WoF spins.
2109  Bitcoin / Bitcoin Discussion / Re: HODLing strong! on: June 17, 2022, 01:53:05 PM
HODLing since 2013, never sold a satoshi. The storm will pass and one day we will see BTC above $1xx,xxx . Good things come to those who wait. Losers deserve buying crappy fiat: money without long-term value backed by the banks. BTC is being too nice to the people: offering them so many buying opportunities yet they don't see them. Let them stay poor.

Hate to break it to you, if you never sold any, you never made a profit.
Paper gains are not real gains, as real gains or losses only happen when you click sell.

So it does not matter if you own millions of dollars worth of bitcoin,
if you are never going to sell, you are poorer than those that do lock in a profit every now and again.

There is an old saying, if you don't use it, you lose it.  Cool

Tough to say but you are right. It took me two major crashes to understand this fact.
The last one in 2018 and the current crash which is ongoing. We could have made profits selling above $50k and buying back now.
But by HODLing forever we are missing out on these profits as well.
2110  Bitcoin / Bitcoin Discussion / Re: Is crypto winter setting in.. and how long will it last on: June 17, 2022, 01:39:57 PM
Crypto is here to stay no matter who speaks against it. May be there will be altcoins popping up here and there while some established altcoins may also die but bitcoin will stay.
It may take the end of next year to recover from the dump and until then the market will keep correcting and consolidating.
One who HODL strong will survive this fall and the rest will lose money selling at cheap prices.
2111  Bitcoin / Bitcoin Discussion / Re: Michael Saylor margin call if Bitcoin dumps below $21,000 on: June 13, 2022, 01:21:05 PM
I am wondering about those miners who would calculate their earnings to see if mining is profitable or not.
Because they stop mining and buy more bitcoins directly instead. That would create a significant pump in the market and the lat time I heard about it was that the profitable price was around $25k.
All in all, things are really uncertain this time but I think Michael Saylor would have thought this true and won't let any liquidations to occur at his side.
He's a smart person and in fact we all are in it together. We should HODL strong.
2112  Bitcoin / Bitcoin Discussion / Re: Don't sell your precious BTC to the whales! on: June 13, 2022, 01:06:02 PM
We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Been there, experienced it. This is the reason why I am not panicking at all.
It feels a different sense of relief when you know that bitcoin will definitely recover from the dump and create a new ATH.
I am not selling my precious coins lower than $60k. In fact, I will accumulate more at regular intervals to make my stack bigger.
This is the only strategy that will work wonders in the long run.
2113  Bitcoin / Bitcoin Discussion / Re: What is the future of bitcoin? Commodity, currency or smth else? on: June 11, 2022, 12:04:11 PM
The governments of this world are protecting Fiat currencies, so they will not allow Bitcoin to become a global currency. They started doing that, when they defined Bitcoin as a "Commodity" and not as a currency.

The countries that accepted Bitcoin as a currency (legal tender) has faced severe push back from the IMF and other western organizations that are being controlled by "Puppet Masters" (Super Rich people)

Bitcoin can only replace Fiat currencies when people see the evil forces behind Fiat currencies and how it is being used to control people. (Use your vote to change the status quo)  Sad

That is so true. It's more like the governments have adopted the fiat currency so much because they know they are in total control of the money in their country.
This is the main reason why most countries are against cryptocurrencies.
Even if they decide to use cryptocurrencies im future I am quite sure that they will create their own CBDC and hence have more control on it.
For bitcoin to be adopted by the whole world there should be some kind of self realisation that the governments are trying to stay in control of people's money.
This is far from happening and so I think fiat is here to stay forever.
2114  Bitcoin / Bitcoin Discussion / Re: BTC goes below 30k after US inflation rate reports on: June 11, 2022, 11:53:42 AM
Negative sentiments around bitcoin can't stop themselves from hitting it again and again huh.
Seems like more negativity is spread in the market but the inflation has not only impacted bitcoin but also all other assets in the market.
The stocks are falling too. It's gonna be a long time this time before see the new ATH.
2115  Economy / Gambling discussion / Re: The digital ID for Gambling on: June 11, 2022, 11:37:12 AM
Most online casinos (at least those that I know and those that I deal with) now have the option of depositing an account through cryptocurrency. Taking into account the fact that not all addresses are 100% tracked, anonymous depositing funds to the account is quite possible. The most difficult thing in this scheme is linking the ID to the individual, but when the state controls this system, it is easy for them to implement such an algorithm.

In this case it really depends on what the evidence actually is. If the evidence is valid then yes it will be easier for the government to prove that the person is involved in money laundering.
But if the person is actually not aware and if the government is planting the whole thing out then there should definitely be a way to prove the person not guilty.
Anyway, it depends on us how we use the digital ID. For some it might be a good thing while for some it might be bad.
Other than that, there are always other casinos where KYC is not mandatory so people can just use those if they don't want to use this feature.

When an ID exists, it makes it harder for a person to prove their innocence. It's one thing when we personally sign a document, and another thing when we first agree to "digitize" our personality, and then try to prove that we didn't use it. In any case, I do not see anything useful in this ID for ordinary users, only an increase in risks and a decrease in privacy.

Same thing happens when a terrorist deposits money into your bank account or money involved in illegal activities gets deposited to your bank account.
The best thing for a person to do in such a situation would be not to touch the money and file a police complaint by himself.
Similarly, in a gambling site, if someone is trying to frame the person he can simply not touch the account and inform the police about the same.
2116  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 11, 2022, 11:28:42 AM
Well it's not that bad but at any time 900 RP > 450 RP + 200 sats + 500 lottery tickets.
Even I had tried it once but my returns were worse than this so I never bothered again to spend my RP on this.
But again, it's good to have this option just in case we don't reach the 100k RP to exchange for BTC then we can use this option.
Depends on what your aims are. My aim is to get 100k reward points so that I could turn that into cash, that would be awesome and I really want it, so far I have done it once, and planning on doing it second time now, probably will do before 2023, but I do not gamble too much hence why I do not get many reward points neither.

I have the same aim, as a lot of users. I think, thanks the WOF spins that you get if you have a premium membership, it is possible for everybody to reach this goal even if you don't really wager, place bets or have referrals. I have reached it once and will probably reach it again by the end of this year, mainly thanks to these WOF spins!

this is why i am considering freebitco as one of the generous gambling sites in the forum. they don't even require wagering requirements with these free coins. as long as you accumulated their minimum withdrawal, you're good to go. now, i am thinking that there are users that are indeed taking advantage of these features, WoFs, conversion of RPs or using RPs to convert to other prizes. but haven't seen from here that someone claimed RPs from electronics, that's a lot of RPs to accumulate.

Yeah, freebitco.in is definitely one of the most genuine gambling sites present on this forum.
Not only it doesn't have a wagering requirement on the free earnings but also it doesn't have any KYC verification also.
Speaking about RPs, I haven't exchanged any RPs till datr. It's gonna be my first time when I accumulate the whole amount of RP.
Although we have WoF spins which gives us good amount of RP I think we can accumulate more rapidly when we spin the free roll and also play the multiply BTC game.
2117  Other / Beginners & Help / Re: What do I have to do on: June 10, 2022, 02:10:07 PM
newbie often run into losses when investing in new projects.  ,i once bought new coins but i can't resell them. i think i have been cheated  Embarrassed what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel?


I personally think that the first thing a newbie in crypto should do is learn how to survive in the crypto space.
If you keep running behind money in the beginning then the market will eat you up.
You will feel cheated and will probably quit crypto. But if you learn how to survive and then later on learn how to make sustainable profits then you can stay in crypto space for a long time.
Don't run behind profit by investing in new coins but try to invest in well established coins like bitcoin and ethereum and monitor how they perform over the period of time.
Learn how things work and the fundamentals of the particular coin you invest in. That is how you can be successful in the long term.
2118  Other / Beginners & Help / Re: Before Bitcoin education, teach your children cyber security education. on: June 10, 2022, 02:06:13 PM
Just by reading the post title I kind of understood what would have had happened and I guessed it right.
You are doing a good thing by teaching your children what bitcoin is but at the same time it is absolutely necessary to shine some light on privacy and security too.
I think you should teach your children about security by playing some kind of games with them where the moral of the story would be how to avoid from being scammed/robbed.
This would be a great eye opener for them and they will remember it for life time.
You can then gradually convert those security incidents into cyber security and then relate it to bitcoin.
This thread is an eye opener for those who are thinking to teach their children about crypto.
2119  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 10, 2022, 07:53:49 AM
Lets assume Guggenheim's Minerd speculation on bitcoin having an ultimate bottom of $8k if it hits $30k referencing the "[U.S. Federal Reserve] being restrictive.”, Currently bitcoin price is below $28k and from the look of things this speculation might and might not be accurate but what if bitcoin price falls to this very dip.

I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to  sell off all your bitcoin due to FUD.

❎ - Sell at a loss
✅ - Buy the dip

If at all bitcoin goes to $8k then there are two things I would do.
1. I will not sell my bitcoin below $50k
2. I will buy more BTC to accumulate more coins at cheaper price.

I already have some spare fiat money for this as I had already planned to buy more if a huge dump occurs.
2120  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: June 10, 2022, 07:23:18 AM
Yesteday I bought 1 WOF SPIN / ROLL with 900 RP

snip

and I got around half of it back, plus 200 sats and some lottery tickets. I think it's not bad. I had my fun, and also I hope to win something with my 500 lottery tickets.

snip

Why not? Smiley ^^

Also placed some sats on my favorite Lewis Hamilton with 19.47 outcome odds. We'll see how it goes.


Well it's not that bad but at any time 900 RP > 450 RP + 200 sats + 500 lottery tickets.
Even I had tried it once but my returns were worse than this so I never bothered again to spend my RP on this.
But again, it's good to have this option just in case we don't reach the 100k RP to exchange for BTC then we can use this option.
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