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2221  Economy / Economics / Re: Looks like markets are crashing ! this is it ...it's the big one ! on: May 08, 2022, 04:02:16 PM
During the start of the year price of bitcoin was close to $47500. This further saw decline and reached around $38500 by the end of January. The market isn't progressive, and this resulted with the price moving within the $41k range for a long. This ended with the increase reaching $44k by the start of the month March. Slow and stabilized price movement didn't let the price increase as there were war and other issues happening around. So the price was around the $36k range which further reached $47k by the end of March. Those weren't mentioned as the bear market and now the gradual decline have caused the price down to $35k. Hope price will increase with time than declining.
2222  Economy / Gambling / Re: How do you advertise your casino? on: May 08, 2022, 01:43:26 PM
I am not a casino owner but if you want to advertise it, you have to calculate how much money you have and divide it among the available places to know how much money you have to allocate for advertising. Maybe you can ask some casino owners here to find out how much money they have when creating a casino for the first time. But there is no definite amount in this and it depends on the plan you make. The bigger the plan, the bigger the pool of money you have to prepare.
As a business owner then you should really know or really that  a standard thing when you do  really allocate funds on marketing.You can't just throw off without having consideration about different factors before proceeding because false or mistakes would really cost you and still not able to  make such right exposure.

Marketing might spent lots or less depending on budget and should bare up in mind that everything doesn't really have assurance of success but putting effort and new ideas could increase odds or chances.
Marketing is the prime thing necessary to make any business successful. Not with casinos, but on every business separate budget need to be allocated for promotion. There is more possible chances of positive response on the business out of promotion. When promotions were planned, it needs to be conducted for long term, because initially people won't easily trust and start using the services.
2223  Economy / Economics / Re: What would happen if Tesla decided to sell its Bitcoin? on: May 08, 2022, 12:54:43 PM
There is very minimal chance of Elon Musk selling his bitcoin holdings. Being an influencer in the cryptospace, his activities associated with cryptocurrency will surely make some changes in the market. These changes in the markets will be there for short term, further the market will return back to its regular growth track. Maybe the news of selling his Tesla shares too a way to manipulate the market. Now users are very clear and doesn't fall for his words.
2224  Bitcoin / Bitcoin Discussion / Re: Women's participation into cryptospace - Increased? on: May 08, 2022, 12:30:27 PM
Women getting interested to learn about cryptocurrencies is a good move than just investing, and trading. What these women learn now will help the betterment of the community. The key focus on NFT will let Women create their own NFTs. The involvement into cryptocurrency to lift the economic conditions of the family isn't a great move, because the risk could have positive as well as negative impact over the economy. When you learn automatically you'll get opportunity to make money.
2225  Bitcoin / Bitcoin Discussion / Re: Bitcoin uses energy and does not need to be renewable. on: May 08, 2022, 12:00:53 PM
When the energy used is renewable, automatically the network will be more eco friendly and serves to be more energy efficient. Forever the network requires energy source, when the renewable energy is being used it'll last long as well as doesn't care of the oil issues that is happening around due to war and other economic factors. Governments might claim that the printing cost is very minimal against the computing power, when renewable energy is used such statement gets outlawed.
2226  Economy / Gambling discussion / Re: 🔥 BTC365.com 🔥 IPL Prediction Pool 2022 & Discussion(Participants Only) on: May 08, 2022, 12:00:04 AM
Really bad day, myself too lost both the matches prediction. Predicted Punjab Kings will make a narrow win. Everything was going fine and at the last moment things weren't supportive as Hetmyer changed the match. So my prediction of PBKS narrow win ended with Rajasthan Royals narrow win.

In the second match picked KKR make a comfortable win, but this went as a thrashing win for Lucknow Super Giants. From the very beginning of the KKR innings there is not much of hope, but at the end Andre Russell brought in some hope which didn't last long. Hoping for the best results on today's matches.
2227  Bitcoin / Bitcoin Discussion / Re: German Bank announces to support Bitcoin; says it's important to own private key on: May 07, 2022, 09:58:02 PM
WOOOOOW!!!!

It's amazing man! Recently, with all the news about the war in Ukraine, we've seen many CEOs of exchanges talking about the importance of customers not keeping all founders on exchanges, in regards to concerns about government censorship. It was very nice behavior and good advisers. He showed how the ethical and rational side can prevail over business interests.

Seeing this same perspective and behavior of German bank is super interesting. I really hope they are examples to be followed.
Indeed it's amazing and refreshing at the same time to see a news like this because we all know that banks are always allergic to cryptocurrencies and they even created their own version of cryptos but only it's centralized.

I didn't know that there is still a hope for those banks to change their perspective and accept cryptos the way it was. Banks supporting cryptos is already a big thing to us, much more if they educate the people about the importance of having their own private keys. That's a generous offer but I am not sure if other banks on other countries will follow the same path because for them, their local currencies are still more important.
To educate people about the cryptocurrencies and the process involved it is good to have their own support centers similar to banks at specific locations. This will bring more common people towards cryptocurrency and the user-friendly applications will make cryptocurrencies reach the low bottom of the people with ease.
2228  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: May 05, 2022, 11:59:28 PM
Moody's Financial Services Company have mentioned about the possibility of "credit event" in El Salvador to be highly serious. We've been seeing more warnings, positive as well as negative things revealed by different people about the adoption by El Salvador. This is one amongst Moody's downgrades El Salvador, says possibility of a "credit event" highly serious

What is meant by Credit Event

A credit event is a negative change in a borrower's capacity to meet its payments, which triggers settlement of a credit default swap. The three most common credit events are
     1) filing for bankruptcy
     2) defaulting on payment
     3) restructuring debt.

Source : Google
2229  Bitcoin / Bitcoin Discussion / Re: El Salvador’s central bank accepts Qredo's registration. on: May 05, 2022, 10:49:20 PM
This is a big news, if this has taken place in a country where bitcoin isn't much used and are in need of such services. Qredo getting registered in El Salvador isn't a big news, but this will give people the choice of choosing the service while the people are now used to the chivo wallet.
2230  Economy / Gambling discussion / Re: 🔥 BTC365.com 🔥 IPL Prediction Pool 2022 & Discussion(Participants Only) on: May 05, 2022, 10:17:30 PM
Looks like CSK are out of the playoffs race along with MI. Crazy to think that these two heavyweights are out of the playoffs race so early. The big changes to this season were phenomenal and made a huge impact overall.

It's still tough for RCB to qualify at this point, but they have some hope now thanks to this win. Extremely entertaining season so far.
Chennai's future depends on next(Gujrat Titans) top 3 teams points. They would hope that next 3 teams get stuck at 14 points along with them, that means lots of "If and Buts". They would also prefer if qualification comes down to NRR. Although seems highly unlikely scenario considering every team is playing 14 matches each and majority of them do have at least 4 more matches to go.

RCB on the other hand got only 3 matches left so they are in tricky situation atm.


CSK is out let's just accept that fact, creating imaginary scenarios using calculation is a sign of a true fan Cheesy however practically these miracles have a extremely low probability of happening. I do see the tournament currently too skewed, until now it looks as if GT and LSG are surely going to make it, but for the next two spots there is a big fight between 6 teams primarily, with RR in the best situation and KKR in the worst. Tomorrow's match is just a fixture has no relevance for the points table, while the match day after will be a decider if PBKS loses I think their road to playoffs will become tough
This time expected teams have come out of the league very earlier without making things tough. If CSK have won against RCB it had chances of making into the playoff. Now the competence is between the six teams DC, RR, SRH, PBKS, RCB, KKR. In my view CSK and MI will block the playoff entry of few teams making unexpected wins.
2231  Economy / Speculation / Re: Elon Musk buys Twitter on: May 03, 2022, 11:59:25 PM
Most successful memecoin of its time Dogecoin have come down amidst the big support from Elon Musk. In recent days weeks there is exiting of investors from dogecoin in mass. The latest one being the exit of 40k dogecoin holders. Now it constitutes to a total of 700k investors in the last ten days. After its ath value through the hype of Elon Musk, the market have crashed down causing it reach 70% down the Ath value.

The price of dogecoin pumped once after the news of Elon Musk buying Twitter. This happened as Elon Musk is supporter of Dogecoin. Investors and holders believed of Elon Musk pushing the dogecoin market, but nothing big has happened and now dogecoin have once again back into the usual trend of trading.
2232  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem ! on: May 03, 2022, 11:30:08 PM
Finding an alternate to Twitter seems to be better for all the common people. Because twitter is going to be the social networking platform for the elite who prefer to pay premium and not for the common people. Initially they need to make a plan through which dogecoin can be brought it and for that reason it is discussed about the Spam problem.

Quote
"At some point people will get the freedom of speech for specific price".
2233  Economy / Gambling discussion / Re: Hard earned money - Busted in seconds on: May 03, 2022, 11:00:18 PM
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

I don't think gambling is bad, but I think is bad being addicted to gambling, from the post I believe you lost l your money because of two reasons which are; you are addicted to gambling and also you are greedy. You started with $3 and you where able to grow the account, why don't you continue growing your account gradually? Also whenever you are gambling you should also learn to take your profit, you shouldn't just leave all your money there I believe you have learnt your lesson and also other forum users will be able to learn from your post.
Addiction is the major cause for the loss. If not, OP could've stopped rather than going for a higher amount and come back after some time. As suggested it is good to grow the account through wagers, and not get greedy just on experiencing some good wins. Taking profits too is a good thing, because leaving the profits will tend to go for higher amount which is taking big risk. Some might get lucky, whereas the majority won't.
2234  Bitcoin / Bitcoin Discussion / Re: What's preventing bitcoin from worldwide adoption? on: May 03, 2022, 10:30:28 PM
World wide adoption of bitcoin for now is on the slower phase for different political and real-time reasons. With time this will change. However here and there more and more adoption and acceptance of bitcoin is happening that paves path for the future worldwide adoption. One such incident of recent days is the Argentina’s largest and second-largest private banks, Banco Galicia and Brubank allowing its customers to buy bitcoin and three other cryptocurrencies. This includes Bitcoin, Ethereum, USDC and XRP.

The bank have taken this decision after a poll that showed 60% of customers requested more access of cryptocurrency trades. It has got good adoption rate with 21% of people using cryptocurrencies by 2021. This move from the bank would help Argentina people to stay away from the inflation. Last month Sorradino, a town in Argentina purchased mining rigs and start mining operation and accumulate bitcoin to stay away from inflation.
2235  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoin will go 10x this year? on: May 03, 2022, 10:15:17 PM
I also agree with you, if bitcoin is bullish, there are a lot of Altcoins that has increased by more than 10x. It is not clear at this point which altcoin has any sign of going up, as bitcoin's price is not bullish yet. The bullish moment is always awaited by cryptocurrency enthusiasts, before the bulls come, traders should collect some of the coins that have the most demand to prepare for a 10x increase when the bitcoin price is bullish.
I think it's pretty obvious because people who are patiently waiting for Bitcoin bulls will always win in the end because they try to collect more good coins during periods of downturn in the market. So the profits can be very large if all the coins they buy at this time experience a very good price increase.
Majority of the cryptocurrency follow the growth pattern of bitcoin. So, when the bitcoin market turns bullish, automatically the same gets reflected over the altcoins. This assure booking of very large profit. What is necessary to experience such profits is the patience to hold as well as the ability to accumulate more altcoins in terms of volume as well as in terms of diversified buying. This is possible through trading as well as finding the right downturn of the market.
2236  Alternate cryptocurrencies / Altcoin Discussion / Re: How low can BTC go this time around on: May 03, 2022, 09:57:14 PM
Based on the expert price prediction there is more chances of price touching $25k, and the same is getting reflected on the price of bitcoin. The decline have been taking place in a slow and stabilized manner. For now it has come down to $38k. This will soon reach down to $35k and try to retest $35k resistance. If successful, the slow growth happens if not it'll be down to $32500.
2237  Bitcoin / Bitcoin Discussion / Re: Do you really believe Satoshi is real?? on: May 03, 2022, 09:30:14 PM
I believe in Satoshi, but I'm not sure of his identity. He can be a person/group of men, but the identity Satoshi is a real. I believe for the innovation, because it isn't possible to be developed by a person/group of people without revealing their identity. Satoshi did it with a reason, so to fulfill the so called anonymous transaction. Here the innovation needs to be praised than finding the identity of Satoshi.
2238  Economy / Economics / Re: Can the World Feed Itself? Historic Fertilizer Crunch Threatens Food Security on: May 03, 2022, 12:06:09 AM
...but lately many smart farmers have emerged who make their own fertilizers from natural ingredients. so they use less of the chemical fertilizers they buy. without compromising crop quality.

Yes it is better to produce organic manure than using chemical fertilizers for farming. Countries with fertile lands can easily achieve this if they are willing to put in the effort. The problem is nowadays, people are so dependant on already processed stuff that they don't want to engage in doing such things.
In countries with enough farm lands they can engage in shifting cultivation.
Well said, it is good to get into organic farming. Same time we need to analyse the prevailing condition of the country in terms of requirement as well as economic situation. In recent days Sri Lanka suffered a big failure out of the organic farming experiment. If the natural resource endowment of the country cannot feed the entire population through organic produce, it should be ready to import. Sri Lanka got into such situation and wasn't able to import due to debts. Now countries around are sending rice and necessary things.
2239  Alternate cryptocurrencies / Altcoin Discussion / Re: Shiba inu on: May 02, 2022, 11:11:23 PM
There is good support to the Shiba from the followers and investors called Shiba Army. In recent days the development team have come up with the Shiba burn portal. Within the first 24 hrs more than eight billion tokens have been burned using this portal. This is a big number and the team keeps everything under control as it doesn't want the market to turn downwards. Initially it rolled out as a memecoin, but with the support it gained it has been keeping its market good.
2240  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: May 02, 2022, 10:40:35 PM
There were more discussion that the adoption by El Salvador is a failure. By the time Mexican Bitso exchange has provided some data. El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption. The Chivo wallet was launched in conjunction with BTC becoming legal tender in El Salvador on Sept. 7, 2021. Bitso essentially provides back-end technology so that the government of El Salvador can purchase Bitcoin and ensure that BTC is convertible to the United States dollar.

“Ever since it began working with the government in September, Bitso has continued to provide liquidity to the Chivo wallet,” Vallejo said. He added that Bitso started to operate in El Salvador through Chivo and is currently present in the country via that platform only. However, the exchange is active in Mexico, Brazil, Argentina and Colombia. Chivo has achieved great success in the seven months after its somewhat bumpy rollout, when the wallet faced technical issues and even went offline.

Quote
“Through our work with the Chivo Wallet, we’ve been able to see how a significant part of the population has turned to using the application for safe and easy transactions,”

As education regarding cryptocurrency and everyday use cases increase in the region, more users will remain on the application with a deeper understanding of the technology and the opportunities. El Salvador, a country with 6.49 million citizens, has 2.6 million Chivo users which is a big success.

El Salvador Bitcoin wallet shows strong sign of adoption
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