During all these years bitcoin was always known to be a hedge against the inflation rate in most countries, especially during the economic crisis when the food and drug prices are rising every day but the minimum wage doesn't rise like the other things, and people are getting poor because of that it. On the other hand, the only thing governments can do during this time is only print more paper money which will make things worse and can be another reason for the increaseing of the inflation rate, people should seek an investment option during this time and bitcoin is always the first option in this situation for them.
Governments won't consider bitcoin as the first option, because it isn't assured that bitcoin will be on the bullish trend all the time. Look the current market situation, if bitcoin is to function against the inflation now the price could've been on the bullish trend. There is always correlation between the traditional market and the cryptomarket. When there is hard inflation and cryptomarket is bearish the scenario won't be supportive to the layman.
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Strong hands making themselves more stronger buying more. Everyone find this as an opportunity, because there'll be fear behind them. These people are highly positive about bitcoin and the investments doesn't make any big impact over them, even if the predictions didn't happen on the right time period. Even the low level investors are buying more keeping in mind the year 2024.
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El Salvador did not sell any of their bitcoins. And El Salvador announced today they just bought another 80 bitcoin at $19k. It confirms that they had a well-thought-out plan before investing in bitcoin. Bitcoin price drop has never made them difficult but a huge opportunity for El Salvador. I believe Nayib Bukele has been doing the right thing all along. Good Luck Duke El Salvador President Nayib Bukele is quite strong and a hard believer of bitcoin. From his tweets and activities relative to bitcoin we can understand. Earlier he gave a small advice to the common people on the price decline of bitcoin as an opportunity to invest and never look upon the charts and get worried. With the present purchase of more 80 BTC the reserve gets changed to 2381 BTC
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Too early to make a decision that the market have come to an end. In the beginning days Bitcoin experienced similar conditions of reaching down to the bottom. Now the market is mature and the adoption level is at its high, so we can't think of bitcoin to be on its end days. Following the market of bitcoin is the rest of the altcoins. This time the altcoins hadn't bleed as the bitcoin. For now it is time to make use of the opportunity than just making speculations that drive the price downwards.
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Congratulations on the big win. I've tried this for a long time, but used to loss control inbetween. One day I felt really bad, because the very first roll I went for 10000x and then lowered the roll above 50. The third roll was a 100, if I've gone for the first ten rolls I would've won and experienced what is to be when winning 10000x bet.
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India VS Ireland
India will play the second and final T20 match against Ireland today. Although Ireland lost the first match, their performance was good. Ireland gave a target of 109 runs in 12 overs. It was not easy to score 109 runs against India's experienced bowlers. Herry Tector scored 64 off 33 balls. Ireland's team is slowly strengthening themself. Even today, the Irish players may not allow India to win easily.
Indian captain Hardik Pandya won the toss and elected to bat. But they lost the wicket of Ishan Kishan by only 13 runs. However, at the end of 10 overs, India's collection is 97/1. They are playing ver responsibly, I think they are more likely to give a target of 200-210 runs today. I don't think Ireland will win the match, but I'd be happy if the match was competitive. Agree, India is one most prominent country in the cricket world and their ranking is also the top position. Ireland is not prominent but they have the ability to defend any team in their home ground cricket. Today we are looking such type of match where lower may win the match. Already Ireland collect 72 runs form first 5.4 over and lost 1 wicket. This is really a good start for the Ireland. As 15.2 over left so lets see what will happen. in the meantime one another wicket is gone. India getting upward. Now winning chance is more on behalf of india. Ireland is one among the best team in the bottom order that is growing with full potential. If this team gets opportunity to play against the top teams at specific time interval, surely it'll move it's position from the bottom. India is strong, but Ireland used to be much more strong in their home ground. Ireland is maintaining the run rate above 11 runs. In 9 overs Ireland have scored 100 runs losing 2 wickets. This is going to be a tough match for India considering the present situation.
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Can you tell us why would we use Blizz website when we have other good and established casinos? Any advantages?
I think this is the same as Casinos in general, the games they provide also have no new or different rules, it's just that they give free credits to members of this forum to try their casino, even there are still shortcomings such as max withdrawals per week which might make high rollers reluctant to play but maybe that's what they do according to the bankroll they have. The gambling site have got the curacao licensing. It has got its registered office address. The platform is registered with the gambling authority. These things make it a trusted platform. Existence of more and more gambling sites makes the market more competing. With the interface and available games, the sites can't do more than this. Maybe some form of promotion and contests are required to keep the users active on the platform.
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If BTC is illegal in your country and you're still using it means your are breaking the laws and also you can be charged for criminal activities. However bitcoin is not something like fiat so we don't have our names linked to the bitcoins until we buy from exchange we completed the KYC so you are going to be in need of no KYC p2p platform to crypto <=> fiat conversion and that's it, you will never be in the radar. People all around the world continue to use bitcoin. Governments weren't able to make a perfect infrastructure to tax cryptocurrencies. If not, by now majority of the countries would've announced officially that bitcoin is legal within the country. See, the above post shows how a user can make use of bitcoin when the government is watching you. However there is acceptance of bitcoin happening in a slower phase as countries that are against bitcoin in the past are legalizing the usage.
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It is really a tough period where everyone is second guessing every single move they make .I understand that it may not be a simple thing, but it should not be an impossible thing at all to just go into ETH and buy some more. This second guessing and hesitation is mainly due the fact that people are not making big moves all that easily, they see the market doing crazy stuff and they usually end up with hesitating since they do not know which way the volatility will go. Its a good bear run that allowed people to buy from cheap, but many still wonder if it will go even lower and not buying right now because of it. I say buy no matter what, even if it ever drops, you are still in pretty early and should profit.
Yes, people expect the bear move to happen even down to the ongoing market situation. Making use of the opportunity is good. People wait for the lower price, because of the predictions made by experts. As said buying at the current price is really profiting even if the price drops down. All that required is the patience to hold unlike the market movements. Always there used to be mutual price movement between bitcoin and ethereum. The same is getting followed during the bear trend. So, according to me it is time to buy some ethereum without fear.
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cut
No country government will be in support of gambling so saying that the government will manage gambling I think it's a wrong idea in all form because government agitate for gambling that is why gambling is not officially legalized in some certain City and people who play it play it in a hidden way so government can never manage gambling because it is prohibited. As far as I know, currently there are 3 countries in the world that fully legalize gambling in their country without city limits, namely Hong Kong, Spain and Italy cmiiw. but on average the gambling business there is managed by the private sector (because maybe the government in that country is aware that it is not easy to manage it). Gambling is not an easy business, even the government may not be able to manage it if given the opportunity. Another thing, the government itself can be wrecked with the term gambling. It is not fair for a government to run gambling business. This is my personal view on any government owning the gambling services. The responsibility of the government is to fulfill the basic needs of the people. When it comes to gambling, it can ruin one's life as well as can enrich someone's life. So, government can't and should not get into such an act.
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Even the new luna that was created in order to make the veteran holders feels reimbursed was such a massive failure, doesn't mean it gonna makes everyone hesitant in investing in major coins instead, the brand luna already being judged as really bad and I doubt the new luna gonna survives. Instead most of the people gonna sticks with ETH and bitcoin
I agree the airdrop is to make old holders feel that they are being reimbursed but the result was really a joke. They are giving old holders a token that is made out of some code with unknown value in exchange for their huge money losses. Through different ways the team have been trying to gain back the trust. This isn't possible with the team anymore, because the loss encountered by the investors were very big and what they have got back is nothing through the new project. This restricts new investors think twice or thrice before getting into cryptocurrency, because when such a huge loss happens we can't claim to some authority.
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Just like in the past, bitcoin stayed above $7000 in 2020, but when it dropped to $4000, some people would have panicked and sold their coins, but people that hold saw the price at $65000. Better to hold and not panic to sell.
History will repeat and those who have doubt will miss this big opportunity in front of their eyes. Because we already know how bitcoins act in the past when people sold their BTC and others are causing havoc with their non-sense theories and Bitcoins fire back with a new All-time high. bitcoins price shut them off and zipped their mouth and that will be the same scenario after this bearish market because that's how the bitcoins market flow until it becomes more stable in the future. It is hard to believe for the people who haven't experienced the previous time market crash and the bounce back. I still remember those days of bitcoin reaching ath value when the speculations were that bitcoin might reach $7k. All of the sudden price reached high and later it dropped down to $3000. Once again the price bumping took place. So, it is good opportunity and there is nothing to fear.
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I am not worried much that the price has heavily dropped, because I believe it will recover anyway. I am disappointed that people see only financial instrument, or money in bitcoin, instead of technology. A lot of bitcoin owners dont know much about blockchain, usage and technology. All they know that "they own numbers that have value, this value changes and numbers allows them to get rich".
This is the reality. If we come across more real-time usage of blockchain technology, people will have better understanding about the core of the technology than the numbers carrying value. It takes time for people to realise, because at the moment the money making opportunity is driving people towards cryptocurrency. Newly entering people as well as the people who haven't experienced the previous bearish market will get disappointed.
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first time when bitcoin adopt by El Savador president price still expensive and what happen with El Savador assets bitcoin nowadays.
A hard decline have happened, but the government is very clear with the plans and the El Salvador President Nayib Bukele have mentioned with the positive and powerful facts of cryptocurrency. Don't go behind the charts, just enjoy bitcoin and have patience the recovery will happen. Before adopting bitcoin as legal currency transaction and they invested on bitcoin need to make research about bitcoin negative and positive side.
A country won't directly get into adoption of bitcoin just because the president is interested. Though it is a small country it took its time and then only made it legal tender. So, they're well aware of the positive and negative part of cryptocurrency. I think they have spent much state budget for investing with bitcoin but nowadays when bitcoin drop drastically how much money loss.
For this President indicated that the amount spend on bitcoin reserve of 2301 BTC is not even 0.5 percentage of the country's budget. So, this isn't gonna affect them as the entire holding is still available and not sold.
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I have been thinking of the possible reasons of the bitcoin falling down. Since I am not an expert on the Currency I cannot predict or give any reason. That is why I want to know the reasons. Please if anyone can tell me I will appreciate. Thanks.
if you ask me to suggest why bitcoin prices falling continuously, I only suggest that it is as a result of the Russian crisis with Ukraine and again the buyers who enter the market of cryptocurrency is no longer coming in and marks unlike before so with that fat I will say is what is causing cryptocurrency to fall That's the reality, looking the 24hr volume we'll understand. Even when the price bumps a little, there isn't any big change in the 24hr volume. It keeps dropping with time. This shows the buying keeps dropping. On the other side the selling have increased. For now the better choice is to stay positive and hold what is available. This makes the price above $21k and drops down. This is just common move of the network.
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I mean we should believe them, China doesn’t lie about anything at all . It’s funny how they are coming out against bitcoin saying it has no value hey they launched a program for digital yuan, which is their version of cryptocurrency however it’s nothing more than a centralized coin. To say I dislike china overall is an understatement. The reason is to popularise their digital yuan. Why don't they understand understand digital yuan is nothing more than digitised fiat. Bitcoin is completely different. If Bitcoin is something connected to a product or had something to show it a currency now we could've got more duplicates in the market. Maybe that too can be a reason for the same.
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Finally the match started with the over cut making it a 12 over match. Now we can watch a match similar to a T10 match. India after winning the toss selected to bowl. With this I expect Ireland to set a target around 100 runs. When the overs were decreased, the players want to perform from the very beginning. So, based on the first innings score the pressure over India. Even after the fall of 3 early wickets Ireland have managed to score 56 runs in 7 overs.
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Everyone wants to hold atleast 1BTC, and for that purpose certain group of people want it to be bearish. We have experienced the decline for the past few weeks, and when it reaches the low bottom the same looks like a big price for a common man who's yearly earning will be less than $10k. This is where the people want the bear to continue and the certain groups of people who have already bought want the bull market to start. This isn't season, but people it is all about the expectation of common investors of bitcoin.
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There are multiple huge mining farms so no, they are most likely not acting in unison as ‘the biggest whale’. If they were all dumping coins at the same time in agreement to affect the price you could say it but no. Mining farms have to make money to stay solvent so they are just doing what they have to do to survive.
Huge investments were into mining to take revenue. This is considered as a big business. Whales don't try to dump the market. They look for regular revenue, and they always want the revenue to be stable unlike the market variations. So, mostly they intend to hold than selling when the market is down. As a union they can be considered as Whale holders.
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Once an employee have encountered such situation it is hard for a second chance. We know that the person is completely normal and have come out of gambling and can be assigned with financial position, but the inner mind resists.
I'm into problem gambling and I wasn't good in handling finance, which means all of the sudden I may use it for gambling hoping for positive outcome. Understanding the same I requested my girl to handle all financial needs of our life. When required I used to ask for funds. I don't know how far this works with other users.
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