If you need some rich Mexican dude to tell you to buy bitcoin for you to do so, then I don't even know what to say lmao. There will be rich bulls on almost any other asset out there — hence it makes no sense to make decisions based on one rich man's opinion.
You are right,but unfortunately a lot of the people have a "sheep mentality",so they need someone to tell them what to do.Someone with authority and knowledge.The people,who are born to be followers cannot become leaders. Obviously this Mexican billionaire is a diehard Bitcoin fan,so his opinions seems biased.I would like to hear the opinions of people,who are neutral or negative,when it comes to Bitcoin/cryptocurrencies. Anyway,there's no reason for panic.We should just HODL and wait for a lower BTC price,before we buy more. |
|
|
|
A lot of countries are releasing/ contemplating to release their own digital currencies. EU is contemplating digital euro, Jamaica is thinking of digital Jamaican dollar.. India has already launched digital rupee..
How these currencies will affect the bitcoin/crypto ecosystem?
CBDC cannot affect the Bitcoin ecosystem directly.All these countries could do is banning Bitcoin/crypto in the lands,which are under their jurisdiction.Such crypto/BTC bans have been proven to be not-so-effective. The people who use Bitcoin would most likely use digital fiat currencies as well.There's no reason for anyone to be required by the law to pick between two options. CBDCs are still a bunch of projects.I don't know why they are being viewed as a threat for the existence of the cryptocurrency world. |
|
|
|
have about $1,200 of BTC in there, nothing crazy. If I KYC myself they will simply say I broke their TOS and lock me out forever (I did the research on this already). KYC consists of ID, recent bills, and photo of yourself holding ID. The only piece of information this site has on me is an email address.
I have friends who have friends in other countries. Some of those friends of friends live in impoverished countries. What's stopping me from using them to KYC my account and then giving them a piece of the stuck funds? I would only need to gain access to retrieve the funds and would not continue to use the account or website. I think that the website has info about all the IP addresses and proxies you used when logging in. There's nothing left for you but to convince one of your friends to login and try to ID verify himself,but I'm not sure that this will work,since he will have to login using a different IP address. What if some representative of the sports betting website checks your login history and sees all those different IP addresses and VPN proxies?I'm sure that he will become suspicious and ban your account forever. That's why using a VPN to access gambling websites is always a bad move. |
|
|
|
|
This is panic selling and nothing else.I don't know why many BTC traders are panicking,but this is going to be temporary.Just HODL and forget about the Bitcoin price for a while.There's going to be a price recovery sooner or later.We just have to wait for it.The BTC blockchain is fine.The BTC miners aren't damaged in any way.
Comparing the Bitcoin price in 2014 with the current Bitcoin price is kinda wrong.Bitcoin wasn't as adopted by mainstream investors in 2014 and nobody cared about Bitcoin,when Russia invaded Crimea in 2014.
The Bitcoin price crashed in March 2020,when the pandemic started and everyone was panicking,but it reached 68K one year later.
|
|
|
|
The casino is offering a gazillion payment methods(most of them are fiat)and only several cryptocurrencies. This clearly isn't an actual crypto casino.It's more like a conventional online casino and maybe that's why KYC is mandatory right after registration.The casino simply can't offer so many fiat payment methods without a mandatory KYC procedure. It's kinda weird for me that the owners of betsensasion are making another casino under a different domain name and trying to promote the new casino as if this is a completely different gambling operator,which has nothing to do with them.This looks like some weird marketing experiment. Anyway,the forum thread looks unprofessional and I'm sure that OP will make some improvements. I also assume that OP isn't some imposter and the link in the forum thread isn't a referral link.Or am I wrong?  |
|
|
|
Crises (e.g. due to the COVID-19 pandemic) damage markets. Economists look at the effects and try to figure out whether the markets recover. But it seems this is measured in nominal values. Now nearly everyone complains about inflation. In the end, there may still be less effective value even if it's said a given market has recovered from the crisis.
So, could the question whether the markets recovered be answered more accurately when measuring in a currency where the money supply is outside of control? Or would this assumption be flawed?
I'm sure that the economists are measuring the real effects of the crisis,not just the nominal effects. The problem is that the "average Joe" cares only about the nominal or monetary effects.He doesn't care about the real growth of the industrial production.The mainstream media gives him what he wants-a bunch of nominal numbers. The crisis,which was caused by the pandemic is more or less over.We are heading towards another crisis,which will be caused by the conflict between Russia/China and the Western World. Natural gas prices will be increasing (because of Putin)and the inflation in Europe will keep going up,unfortunately. |
|
|
|
Have you heard that some people gamble for fun and not necessarily to make money?
I find it hard to believe completely because who doesn't like to make some more money even if it is not needed.
If you knew the exact sum you were going to loose gambling, and you are the type that they say " gambles for fun", will you find it fun loosing that money still? will you return another day in awareness of how much you will loose and still want to loose for fun?
Definitely no,but losing small amounts of money for fun is OK. Almost all the gamblers are gambling for fun AND for making money(if they are lucky enough). Only a handful of gamblers would say that they are gambling for fun only. Gambling addicts are gambling ONLY for the sake of making money,which is delusional and there's no fun. I only gamble with small amounts,because losing a big amount of money via gambling isn't fun at all. It would be painful as hell and it would make me quit gambling forever. I'm glad that I can control myself and keep myself away from the gambling addiction trap. |
|
|
|
There's nothing funny about this. The "Nunchuck team" is telling the truth.There's nothing funny about telling the truth. I don't think that the Ontario Supreme Court is that incompetent,when it comes to cryptocurrency wallets and blockchain technology. Basically the situation is the same as the Supreme Court ordering someone to give all his paper money,but the guy doesn't want to reveal where he buried his cash. Or the Supreme court orders some guy to reveal where other people have buried their paper money. This is quite an oversimplification,but it sounds kinda ridiculous. |
|
|
|
As per previous trends, the bitcoin price should increase in such cases whenever we will see a threat of unrrst or war. Because government controls the fiat and banks so it is very easy for them to freeze funds of the common people. We have already seen such instances during the Hongkong protest against China.
So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!
Nah,the prices are dropping mostly because of the situation in eastern Ukraine. For some reason,the crypto markets are following the stock markets in their ridiculous panic. Putin declared,that he is accepting the independence of the two "people's republics" in eastern Ukraine and he will send troops there.The western world will impose sanctions over Russia.That was pretty much expected,but everyone is still acting as if this is some kind of surprise. I actually thought that the conflict in Ukraine will boost Bitcoin/cryptocurrency prices but I was wrong. |
|
|
|
|
One month ago,the Bitcoin price dropped to 34K USD and everyone was waiting for a 30K or 20K price bottom,stating that the recovery will be slow and a new ATH won't happen in 2023.
During February,the Bitcoin price went from 34K to 44K USD and everyone forgot about the doom&gloom predictions.Many people were expecting a bull run to 50K USD.
Now,the Bitcoin price is going down,all financial markets are going down due to the political situation.
The bears are dominating the market,predicting a new ATH in 2025.
In summary,don't trust anyone.Every opinion about the BTC price is just a price speculation.
|
|
|
|
OK,but what if I don't have programming and webdesign skills? What if I don't have money to hire a good programmer to develop a "revolutionary" Dapp for me or a web designer to create the best NFT in the world for a small fee? I guess that I will have to stay poor for the rest of my life.  It seems to me that you are trolling or trying to be sarcastic with your post. The gas prices are what repulses me from Ethereum and everything that was built around Ethereum. After so many years of endless hype,Ethereum transactions aren't more affordable than BTC transactions and ETH still isn't getting better than Bitcoin. |
|
|
|
Good luck with depositing money in a crypto casino and living with the constant fear of getting banned and losing everything. If you want to bet really small amounts just for the sake of having fun,I can say that trying to bypass country restrictions is OK.The casino always wins,it doesn't matter if you are going to lose a few dollars by playing gambling games or getting your account blocked. I've seen this Cloudflare 1.1.1.1 method before.There's actually an Android app about it and the app has around 50 million installs,if remember this correctly.Not sure if it's going to work in the long term,though. |
|
|
|
Hypothetically if the USA pegged the US dollar to Bitcoin how would economic growth continue. I am a huge Bitcoin proponent but looking at it from this lens puzzles me. Restricting the printing press would, in my opinion, slow economic growth significantly. What would the world look like after this? Are there opposing viewpoints?
Economic growth means more goods and services being sold this year,compared to the previous years. The currency doesn't matter.I know that the economic growth is being fueled by money printing,but such economic growth is artificial anyway.The USA would be fine without the fake economic growth,which is being pumped by getting more debt,which will have to be paid by the future generations. A more stable currency would actually incentivize the economic activity and stimulate the people and businesses to produce and sell more goods and services. |
|
|
|
The way things are already going, if strict measures are not put in place could be very dangerous, people will pay a high price for that, the government as the sole protector of Its citizens must take the necessary decisions required,
Many scams already taking advantage of decentralization and free to everyone to carry out crimes, if the government doesn't carry out its executive responsibilities now in a few years things will really get ugly in this space.
What exactly are you trying to say? Do you say that we have to pray to the all mighty US government to save us from the crypto scammers,or the crypto industry will sink into the ocean of cryptocurrency scams in the next few years? I don't believe that the crypto industry is totally dominated by scams.The majority of the crypto exchange platforms and crypto casinos are legit.I'm not going to discuss all the crypto startups,ICOs,IEOs,DeFi,NFTs,because most of them are scams,but you could see from a mile that they are a scam,so only naive and gullible people would put their money there. |
|
|
|
The price movement of Bitcoin over the last year has been extremely intriguing. We haven't witnessed that significant drawdown yet, which has prompted some to believe that the cycles have shifted and that we are now in what is known as a super cycle (bull markets and mini bear markets). People on Twitter speculated about a supercycle earlier this year, so it's not like it sprang out of nowhere. Personally, I believe that the conventional cycles have now been disrupted. But I'm interested in what everyone else thinks.
All the opinions about supercycles and conventional cycles are simply speculation. Is the Bitcoin price even moving in cycles?The cycles theory is based only on the past historical data of the Bitcoin price.We already know that the BTC prices in the past cannot determine the future price of Bitcoin. Just because some price pattern or event happened in the past doesn't mean that the same price pattern or event is guaranteed to happen in the future. The only thing that's for sure that the fact that the Bitcoin price will keep moving up and down forever. |
|
|
|
People over the age of 65 accounts for 76 percent of all wealth in the United States.
Consider where the crypto markets will be when the younger generations that have grown up with cryptocurrency reach the age of this group...
Can you post a link to the source of this information? We don't know what will happen with the cryptocurrency markets after 30 years,when the younger generations retire.Maybe the cryptocurrency markets will evolve into something different,or maybe they will disappear.Technology is becoming obsolete pretty fast and we shouldn't be planning 30 years ahead. Your info actually shows that the room for growth of the crypto industry in the USA is kinda limited,because the young people have really small amount of the total wealth in the USA. |
|
|
|
It's really sad when you want to play on specific casino but there's a barrier obstructing your desire. I know there's an alternative casinos, but I have some personal reason to play in specific casino... Personal reason?What kind of personal reason?Can you elaborate more on this? Almost all crypto casinos are basically the same-the same games,the same functionality,user experience,etc. The differences are way less than the similarities.Why would you want to play on a specific casino,when you can choose from a gazillion other crypto casinos? Perhaps the problem is in your browser,having Java not enabled or some other technical s*it(I'm not an expert). I've seen many crypto casinos on the forum,where I cannot load the website,despite the fact that my country isn't blacklisted.I guess that I have to use a better and more updated web browser. |
|
|
|
"Government intervention has always been a factor in setting the gold standard," Salinas explained. "And fiat enables infinite financing." What? From the quote that you are citing I didn't came to the conclusion that Salinas prefers Bitcoin over fiat. Bitcoin is a better option than fiat money,if you are talking about store of value. Bitcoin isn't any better than fiat money,when it comes to daily retail purchases. Bitcoin isn't better than fiat,if you are going to use some centralized custodial entity to store your BTC. Spending paper cash can be as anonymous as than spending Bitcoin(spending BTC isn't anonymous,unless you are using a good BTC mixer). I think that you are oversimplifying everything.Perhaps you should learn more about Bitcoin and fiat. |
|
|
|
Yeah,all the clickbait thumbnails on Youtube are hilarious. Those crypto Youtubers must be really desperate for clicks and views,despite the fact that they are killing it with crypto trading and making a shit ton of money(if you really believe their own BS). You know what's worse than Youtube?...Tik Tok! Getting ridiculous investment advise from Teenagers on Tik Tok is absolute cringe. I've never used Tik Tok,but I've seen "Tik Tok Investors" compilation videos on Youtube and I can tell you that this is a circus. Every experienced crypto trader must watch this kind of content only for fun(and cringe). |
|
|
|
We have heard all the news about countries deciding to make bitcoin as legal, the latest being Russia and Ukraine as they both are also in some political problem. Obviously with this new statement that has been made on bitcoin status in those countries, it could be regulated by the government.
What is your expectation of bitcoin ?
Nothing groundbreaking or spectacular happened in Russia and Ukraine,in regards to the Bitcoin/crypto regulation. That was a small step in the right direction,but countries like Russia are pretty unpredictable and the Russian government/central bank could still ban cryptocurrencies at any given moment. The crypto markets didn't react positively to the news coming from Russia and Ukraine,because almost nobody trusts the governments of Russia and Ukraine. My expectations about Bitcoin cannot be changed by news,gossips,rumors,FUD and all sorts of BS. My expectations about the Bitcoin price are bearish in the short term and bullish in the long term. |
|
|
|
|
Show Posts
