Countless times but most of those instances were when I was losing big time. And if I remember it correctly those were my younger years in this industry wherein I used to be a high roller. I was losing big time which always gave me the idea to quit dince there's a tendency for me to end up with debt if I won't make a change. Fortunately, I came across with sports gambling which somehow changed my vision in this industry. I enjoyed my experience more since I am into sports in the first place therefore making me not only into profit but also for entertainment. From that I've learned to set limits with the amount I would be spending in this industry, up until this point.
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Since it is idle, the best way is to just hold. You may also stake it (if there are any) but assure that the platform would be legitimate, never heard of one for years. Holding Bitcoin for long term is not a bad idea but you'll be needing huge amount of patience simply because the market price won't continuously increase in a consistent manner. There will be times of downfalls in its price as part of its nature of market volatility. But if you are seeking for profitable actions try engaging with trading but risks would be bigger in a sense that you need to buy and sell at the best times and for that to happen, you'll need experience and detailed analysis.
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Have you guys tried tailing high rollers with their bets on sports and electronic sports? Because today I tried doing it just for an experiment and I took a bet on 5 games even without knowledge about them. I didn't put too much money into it because like I said, it's just for a trial. It didn't end up well and these are the results. 4 losses and 1 win. A high roller doesn't mean that they are good in their bets they just bet high they are like all of the bettors they make mistakes or miscalculations on their bets, it's hard to keep up with high rollers because they have deep pockets some them are playing for fun and they don't care for money, you could increase your winning chances if you bet based on your analysis and not following these high rollers. I know it's not right to bet on a game without knowing about it, I am just curious if someone does this kind of strategy. Copying is good but only if you know who to copy your bet, there are groups that give tips and bets to follow but copying from high rollers based on the stat on the casino is quite risky. High rollers are simply gamblers who can afford the risk of betting big time. It indeed does not win that they'd be guaranteed with a win but more likely they are just down into it. They can afford losing big amount because they know they will get back with their loss or still come up with a win afterwards but not in an instant. Copy betting is indeed a good idea especially if you know that whom you copied your bets with, knows more of what kind of game you are betting into. But keep in mind that there's no certainty with winning the chances will just be lessen or increased, but enjoyment will for sure be lessen. But it would depend on your preference as a player.
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What is ideal is to buy during bearish trend and sell during bullish trend but it won't be as easy as it may sound. Sometimes emotion nd greed would take place. There'll be times you'd hesitate to buy because you'd be wanting to invest on a lower mrket price. And when increase take place, you'd more wait for its downfall. And once correction occur you'd wait for pump. Bottomline is to move once you are ready. If you'd always hesitate do not expect for a bright outcome. Likewise with selling wherein you'd idealize a higher market price but will end up holding because peak have passed already. Keep in mind the profit is profit mindset. The aim is to just earn profit not to be greedy of a biggest in comparison to mahority of investors you know.
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Risk is on everything in this world. But this industry is decentralized in the first place and I doubt there'd be a way for the government to track your transactions especially if you won't announce it to the public. As long as the servers are not strictly prohibited, you'd be able to use this technology freely not unless you'd be having problems with exchanging your crypto assets into fiat by any case. 'coz if it is just prohibition of accepting such kind of payment, there's no need to worry about I guess. It is somewhat the same with other countries wherein cryptocurrencies are just neutral the only difference is that there is an announced prohibition with its use in your country.
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The provably fair technology actually make use of 3 things.... the Serverseed which is hashed (encrypted) and the Clientseed which is known to the gambler and which can be changed by the player on some sites and also the Nonce that increase with each bet, making sure that each bet can be unique and also be tracked. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) So for obvious reasons the Server seed are encrypted to protect the casino, but with the hashed server seed, you can determine if the process was scripted or if it was indeed a legitimate bet, with a variable outcome. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) even though it uses fair technology but sometimes the house will always win, it's been a question mark until now, I also don't care that they use this technology basically when playing I just have to control myself in playing wisely and seek luck in every game ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) A house cannot allow players alone to win, rest assured that they'd benefit from every action they would make on their platform. Also, as a casual gambler, would you mind seeking for such thing instead of putting your attention on how you would come up with win? https://crypto.stackexchange.com/questions/767/how-to-fairly-select-a-random-number-for-a-game-without-trusting-a-third-partyThis is one of the first discussion about provably fair I was able to find. It's from September 2011. That should answer the question about the origins. I guess it came naturally as gambling sites wanted to have a proof of their transparency. even though it uses fair technology but sometimes the house will always win, it's been a question mark until now, I also don't care that they use this technology basically when playing I just have to control myself in playing wisely and seek luck in every game ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) First of all, sometimes and always don't go along well. It's either this or that. Then we can address another problem which is that your whole post is incoherent and makes no sense. Stake is paying for that crap? Really? I don't even understand exactly what you are saying but I tried to think of if you are making a bunch of the technology used in gambling but I found it very difficult to the code exactly what you are saying I don't so for me it is difficult for me to decode everything for now
I thought that post was bad, but the more I read the responses in this thread it keeps getting worse... Transparency is and would always be wuestioned on gambling sites and even on some lotteries simply because people are being somehow desperate of winning. I have no problem with it and I guess it would be better to just leave if you think a gambling platform is somehow doing a 'rig' on results. Fairness of a gambling site would be brought up with luck based games, which is on my opinion, even if it would cross the idea of this topic, better to engage with sportsbetting wherein results are close-ended.
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Reactoonz. That crazy chubby streamer pulled me into playing this game. I cannot find him anymore but it was one of the popular streaming reactions in slots where his multiplier exploded. After that, I tried it myself and got hooked on it. I haven't got any good big win just yet and I do play occasionally now since I am more focused on sports betting. But I do promise that whoever tried this game will also get absorbed by it and will definitely play for a long period. The combos are the ones that I always look forward to and it's hard to stay away from the game.
I think it's normal for a streamer to get a high multiplier in any games that they play because man, they have a huge bankroll plus they can also be sponsored by the casino. We never knew what if the casino rig the game for them only to entice the viewer? But the moment they get their hands on it, the results are going to be different. It doesn't mean people will quit or blame the streamer but they will keep on coming back to try again. Like you for example you are already hooked on the game. Overall, there are still a fun element there even if there is no winnings involved but it's important to use only money that we can afford to lose. I'd agree on the part that they do get something from a particular casino IF that's the only platform they tend to content which gives them the confidence to bet on multipliers. I quite doubt with the rig issue especially/since streamers are showing live interface or gambling experience. The idea which hooks up audiences is simply the instance showed with the purpose of encouragement; winning and earning profit. But the only tendency a gambler would go back into a particular game could either be enjoyment with the game itself or just frustration to somehow get back their losses. And I doubt it would be because of the influencer or streamer. Also, to answer the question, may play n' go game is wild falls because it is an easy game to play, just to kill time. But on the usual I am more into sportsbetting.
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You are free to do so but never disregard the tendency of loss if ever the market will collapse by any reason. That is the idea behind any investment. Cliché as it sounds but only invest an amount you can afford losing. This industry has lots of potential and is really profitable but its nature of market volatility is just something to not be disregarded. There are times wherein its price would be on upward motion but also times for downward trend. This industry still has issues regarding acceptance across the globe so maybe you know already what I am trying to point out. It is a good idea to only invest a portion of your savings but know your limits and capabilities as an investor as well.
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with High confidence ? it will mate . we have a great run in january and still holding its position above 20k till this day , even hitting 24k yesterday so what will hinder the price taking that high? maybe we will be having even 30k any time sooner? actually I was hoping that the whole year will be the recovery from the great dumping of 2022 but whatever happens I am ready. checking the votes? solely it is YES . It is quite realistic to expect continued growth in February-March. Lower inflation in America, approaching spring (every 2 years bitcoin steadily shows growth in spring - 2017,2019,2021), opening of China. although it cannot be excluded that the real growth of bitcoin - if there is one - can be postponed until April 2023...
but we are dropping now? going back to 22k again and there are saying that it will be either correction or downing to 20k. Actually, what we are seeing is somehow unexpected on my end. Unlike with next year wherein there's something being anticipated to create a huge wave for this industry, I did expect of a stagnant market price without any hopes for an instant recovery because I believe factors which pulled the market price down are still present. Such as with FTX incident wherein there are still people who are afraid to again engage with this industry in fear of such instance to happen again with exchangers.Perhaps there is a pause at this point but for sure things won't change that fast. I am currently worried wether to enter already or not because I cannot see any strong support with the increase.
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We are living under different circumstances. Not because some people having the same salary are able to make it through the day, same thing will go to every people. We have different bills to pay and life we are living. I do get the point of being more positive with life, strategizing things to make one's income more efficient, and such but that's not how simple life works to each and every one of us. Environments would matter as well, perhaps you are already a bread winner of your family and it happened that you have created your own. Would disengaging to your biological family be a key? No. 'coz we are born with different cultures. We simply need help from governments. Small salary won't be sufficient if the market goods are just expensive.
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If we want crypto currency to be a currency we have to keep spending right? But at the same time it's something worth keeping too since I do the same with my fiat in bank for more than 2years without touching it. Is it possible to say that Bitcoin in every wallets for the past 2years without moving are considered lost due to death or lost recovery keys? It's pretty hard to believe that anyone won't come back for their Bitcoin after 2years with no activities on the wallet.
Not all stagnant or stored Bitcoin are considered lost; it will only be if the owner won't have any access into that particular wallet. Also, we are not required to use it continuously but rather only use it if you'll be needing to do so. But indeed there are instances wherein owners of Bitcoin reaoly forgot their crypto asset in their wallet. Remember that guy who accidentally thrown his flashdrive containing huge amount of Bitcoin and recently spending huge amount of money by trying to recover it? I believe there are other instances having the same point. If you are one of people who are curious of why they became negligent at a certain point, it is because this technology has not yet shown its potential before, unlike with the present werein we saw how huge its market price increase became.
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Earning popularity I guess would be the biggest problem. Many artists have tried to engage with NFT industry. I do personally know some of them. I myself creates artwork such as portraits but I did not mind engaging into it if it would be artwork alone. One biggest reason is being popular for your project to be sold to audiences. There are already existing concepts which also adds to the struggle. Showing something new is not an easy thing to do because not everything new on our naked eyes would be interesting to the majority. In terms of Project concepts, it is the same whether it has utilityor not. But this is not to encourage those who are planning to do so.
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Hard to guess. But let's just hope there will be more countries to do so whether big or small would be a great help in order for this technology's advantages to be more acknowledged. But on my end, I think it would be third world countries to do so because they are more likely to try new things which could generate profit. However, this industry would be difficult to be taxed which somehow creates a conflict with this guess of mine. Big countries on the other hand are quiet with adopting this industry as an alternative mode of payment probably because of the risks involved or they are just busy with more beneficial for their economy. Usage of this technology is still neutral to most countries, which is I think better than to be restricted. Let us just hope for a betterment in this industry as years would go by.
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Year is still long and if it is general possibility, ofcourse there is a tendency especially if there will be something negative such as some sort of news, which could create a negativity in this industry as well. But right now, we can see the market price of Bitcoin gradually climbing which is a good thing. The only problem is that, the supporting reason for this increase isn't as strong for a bullish trend. However, it is something to look forward with for this year. But honestly, I am more expecting for an increase next year and this year I was expecting for a stagnant market price below $20k. Simply proves that its market prices has no certainty.
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Not a new thing in this industry I guess. But what can we expect on social media platforms? Contents won't be filtered as long as it does not violate community standards unlike promotions which are widely allowed. Many scam projects are doing fake promotions wherein I think their way of 'investment' in order for more people to fall on their plans.I do not want to promote vicitm blaming in this platform but that's just one of the harsh truth- to study what you are engaging yourself with. To almost anything which is new to one's awareness, prior knowledge is important, perhaps on this industry. If an individual won't have enough knowledge of this industry, they'd just eventually float with huge loss.
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There's no strong reason behind the increase at the moment which makes it somehow doubtful whether to enter lready or wait for a better trend line. If nothing would support a rally, flipsides could still happen which might cause an instant loss. Bit if you're ready to endure sudden dump, then you are free to do so. Despite of lacking assurance and certainty, I am glad that the market is showing positive signs of recovery from being down for a couple of months late last year. This could just be a temporary spike with the market price but no one is certain. It could lso be a start for a bullish trend but for sure we need more to for such thing to be more convincing.
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Above all the mentioned developments, Bitcoin and this technology in general is being more acknowledged by more countries and people ofcourse, which I think is this industry's biggest progress over years. If we would go with the details such as with what other users have cited, ofcourse there will be multiple changes. Bitcoin I believe was originally for payment services or for a more convenient transaction. However, it is being more used at the present as well as with recent years as a profitable asset which I cannot determine whether it is also part of its development or not. All I know is that more people are now using it as an alternative mode of payment and investment at the same time.
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Guys what are your thoughts about bakery token?
This didn't seems to be a good token to invest. Bake was just only copy cat from cake. I do believe that bake will be stagnant at this moment. The question is why are you picking this token instead of real one like cake? Bake has been dumping so hard. It may potentially to rebound but it will not as big as cake. (BAKE) is it good to have in long term?
It's only good to risking your money for long term. I don't see any good reason to use this as an investment other than gambling with random pump that may come anytime. This token has no yet recovered and the chance for pump to come is still there. We have seen instances wherein 'copied' token concepts resulted to a countepart of the 'original', one instance is forked coins such as bch. It has advantages over btc but why does it seem that Bitcoin is considered still to be a bigger crypto? It uses a bigger or larger block size for faster transaction but was still left behind on a long run. There are also cons for related token names such as with Terra Luna, wherein they have released a new version but the impression towards the past one has been tangled to the new one which pulled its potential down as well. Much better if you'd either go with new coins having new concept or utility , or go with the big names in this industry for a long run. I guess that would result to a bigger chance to generate profit.
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There's no need to compare. We have different capabilities as an investor. Bottomline is the amount you will invest should be an amount you can afford to lose if incase. Ofcourse what is ideal to have is bigger capital because it would simply generate bigger profit but also, it could yield to bigger loss. Risk will always be present. Even if you can invest 10BTC in an instant, but if you cannot manage the risks and will just hold for years, how long could you bear with it? Emergencies happen without any warning. Bottomline is, no matter how big or small your investment is, as long as you can make the right decision, you'd earn profit. And that is simply the same goal to each and every one of us here in this industry.
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Profit potential. I guess most of the people here have the same reason. Not unless you are having big transactions on a daily basis 'coz avoiding tax might probably be the reason. But if you're a casual investor, it is obvious that market volatility could be taken advantage especially if you have the knowledge of somehow drawing a pattern not only with Bitcoin but also with other cryptocurrencies' market price. Indeed it is more risky compared to stock and property investments but in any field, high risk means high profit. The rate of increase is simply the proof. Just if you have the knowledge but if you are just here because of impressions, much better to have a pause and learn things be first.
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