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2281  Economy / Gambling discussion / Re: A game called Ending on: December 05, 2020, 02:01:25 PM
Has anyone here have heard of the game "Ending"? It is a well known game in my country, usually basketball is involved in the game. The basics of the game is you will bet on the last number of the scoreboard, for example, Team A and Team B played and Team A won, the scoreboard is 109-108 which means that someone who bets on 9-8 will win. That is the gist of the game, I am not familiar that much because I am not a fan of basketball. There is a bookie that will list the bettors, most bookies go around the neighborhood to find bettors and some of them are patrons. It dawned to me for awhile and I was curious if there is a crypto counterpart of this game.
Familiar with it and it is sort of a lottery gambling. I've experienced betting on it and I think there's no patterns in order to determine which will be the winning number. It is also in line with sportsbetying because most of the time, the scores are based or are from scores of basketball teams in a match as OP have mentioned, but I've heard other sports are also involved depending on the one who is conducting this activity. I think lottery is more of its counterpart but I'm not sure if lotteries do exist in this crypto gambling industry. Maybe those games involving pure luck will suit this well.
2282  Bitcoin / Bitcoin Discussion / Re: Government don't accept Bitcoin. on: December 05, 2020, 12:43:56 PM
Actually there are government which accepts this technology and governments which are still opposing the adoption. One main reason I think is decentralization. This has been discussed many times in this forum to why there are still countries wherein cryptos are not being widely used. Decentralization simply means transactions won't be taxed unlike in fiat currencies or fiat based digital currencies. But I think regularisation is already in progress through the use of third party networks accepting cryptos as a mode of payment. In such way, taxes will be impose to transactions which will encourage other countries to adopt this technology as well.
2283  Economy / Economics / Re: Why Bitcoin is a Massively Underrated Opportunity in Today’s Macroeconomy on: December 05, 2020, 08:39:07 AM
Bitcoin isn't underrated, people doesn't know the real value of bitcoin. People always find the market to be risk free. This isn't possible with cryptocurrency. The risk keeps large scale networks away from the bitcoin. Now the institutional investors are pouring the money into bitcoin experiencing the inflation of fiat around the globe.
The reason behind this, are misconceptions about its market value. This technology left an image to those who are not that knowledgeable, as a gateway to be rich. More of an idea that investing into Bitcoin and other cryptos, will give assurance that profit will be earned. So why is it not still getting that much attention to majority of the people!? because there are also impressions of it as a "scam" or fraud as it is being used in schemes to fool people. Also, the nature of market value of cryptos are unpredictable wherein market prices do suddenly fall, which contradicts the early assumptions of easy profit.
2284  Economy / Speculation / Re: Bitcoin Price From 0$ on: December 04, 2020, 11:59:17 PM
Based on the comparison it could reach 2x higher than we expected, no one knows the market conditions in December but we expect the best market conditions in history to emerge, if large-scale take profit conditions occur maybe it will be something bad next month.
The market is now fairly balanced. But observe the market from past history. It is seen that the market is strong in November and December. Bitcoin began to fall in January for no reason. So be prepared to accept that the market will be down next months.
Patterns are not working in this industry. What happened before will not determine what will happen this year. The market price have developed eversince it was introduced to the masses and we could see its progress in all aspects. But the thing here is inconsistencies with regards to its market price. It could either reach a new ATH this year or just have another market price correction. We just never know.

For sure many people who were in doubt before to the potential of Bitcoin are seeing the reality. And  it's price development speaks for this technology in general.
2285  Economy / Economics / Re: Why BTC is digital gold? on: December 04, 2020, 05:43:13 PM
How we can determine BTC is digital gold?BTC Thats can be determined by their attribute. Gold is valuable because it's rare and has a limited supply. This term is true for Bitcoin as well. Both can be exchangeable with essential goods and they are acceptable in our society. Gold and BTC both can be stored though they have different methods to do that. But if you compare these criteria then we can say Bitcoin is digital gold.
Bitcoin could be considered as digital gold somewhere in the future.
Its fluctuations are too dangerous for mid term investments.
You never know whether you're going to make decent profit over 3 months or will have to hold on to it for next 3 years.
Futuristic approach is applicable since Bitcoin is only linked to gold as an asset or as an investment which gives a tendency for its market value to increase over time. But to why it won't be considered as digital version of gold is due to its usage as well to the nature of its value. Not to mention centralization and de centralization. Maybe, further development will quite sort things out whether these two shares the common ground or not, as an investment. But we just cannot blame those people who are already having expectations into such idea of this technology.
2286  Bitcoin / Bitcoin Discussion / Re: Bitcoin and Gold Cannot Coexist, Says MicroStrategy CEO on: December 04, 2020, 05:11:32 PM
Its two different assets for different purposes and different people. I dont agree with this statement
Precisely.
If two or more things are in the same track, then there could be a "competition" to which one should be on top of the track or the one that should remain on the track, but that's not the only option, that's why there are rankings. Going back, Bitcoin is considered to be an investment likewise with gold which is an asset. An individual could choose between these two, or to invest into both of it. One will only remain if there's something prohibiting the existence of the other one, demanding only one thing to exist. That's how I see gold and Bitcoin as an investment which would more likely coexist simply because there are people supporting each of these two, separately and together.
I do get the idea in the analogy but to put it simply, one has the freedom to choose where to invest, perhaps in this case, which is between Gold and Bitcoin. One could also invest to these two at the same time which is true. Coexistence therefore is having a higher tendency to occur among any investment because there's no law stating that there should only one form of investment. Likewise with currencies wherein there are many currencies being used in our daily lives but no one required one specific currency to be used in every transaction.
2287  Economy / Speculation / Re: Explained - The Road to $100k Is Underway on: November 30, 2020, 11:58:55 PM
I'm afraid this road won't be as fast as you think. At least 4-5 years. Probably even more.

This is the correct answer.

---

No, the correct answer is no one knows.  Everything else is just a guess. 

Previous order of magnitude new highs didn't take that long, but ask in 2030 and then you can get the correct answer as to how long it took.
Second statement quite contradicts your claim on lack of certainty with regards to the market value of cryptos. We don't even have assurance whether its market value will just be continuously increasing in the future or will it someday be stable and be used in daily transactions. I guess as long as its market price is increasing, it won't be used on daily transactions simply because users will have hesitations whether to use or to just hold because it will be profitable in such way and fiat currencies will more likely be used on transactions because there will be no regrets since market prices are far less volatile.
2288  Economy / Gambling discussion / Re: Poker Probability on: November 30, 2020, 11:32:43 PM
Awesome post, love seeing the probabilities for each type of hand! Poker got really big here in the United States around 2003-4 time frame.  I was in college at the time and when I first learned how to play I was absolutely hooked.  We would play every night for months on end.  The only problem with sit down texas holdem is making sure you've got absolutely nothing to do for hours on end.  I would often just go all in when I wanted to go do something.  Other than that, it is easily my favorite gambling game hands down too.
Thank you for appreciation, have to admit that I am the same although it was around my senior hihschool year when I learn to fully play and it was the perfect game to play on dead hours of our classes, it really is time consuming and that is part of the reason that I haven't played awhile.

If you played poker in school it's not something you should be actually proud of. However, poker is game where you need certain skills and you are definitely forced to use your brains so it could be said that you've learned something from poker too.
I guess exactly because of fact that poker is skill game and players have the feeling of control makes it so popular.
I guess it is not totally a skill-based game. I am not into this game but to how I view this game is a combination of luck and strategies wherein a player will try to bluff their opponents in order to assume what cards they are holding. But I guess not all players would be focusing on the probability of cards to show, because it will require full attention or awareness of the cards being drawn. And I doubt all players will do so especially if the bet is not that big unless a gambler is only aiming for the experience not into profit solely.
2289  Economy / Economics / Re: Is Bangladesh going to accept Cryptocurrency??? on: November 30, 2020, 11:10:08 PM
Hard to visualize at this moment. It is not a hidden thing that Bangladesh has corrupted government officials and also, cryptocurrencies are banned in this country which makes sense in a way that cryptocurrencies are mostly decentralized giving a government no power at all to impose taxation. Thus, this won't benefit the government on not being able to "milk" their people on every transaction (silly!). But I am not saying there's no chance at all but rather, I vew this as a reason to why this technology is not yet accepted in this area. Maybe things will be adopted once officials are back to their "duties".
2290  Economy / Speculation / Re: Bitcoin hitting ATH right now? on: November 30, 2020, 10:34:39 PM
Bitcoin Monthly close is too close. Just a few hours away to close this month. If Bitcoin keeps bullishness we may break the new ATH and create another new ATH. We can also break the 20000$ level. I am too excited. I am also excited to see the dump also. Because many investors will try to book profit.
Quite honestly that is what worries me the most, what will happen now that we have finally reached the goal that took us three years to reach? Will the price of bitcoin keep going up as people get excited about the fact that bitcoin finally surpassed its ATH or this is going to be the beginning of the end for this trend and people will begin to sell their coins thinking a  crash is coming and this will create a massive decrease in the price similar to what we saw in 2017.
There's indeed a possibility for some investors to do so because of fear from what happened before. But I guess there's no need yet to do so especially if there's still a momentum in its market value which could yield to higher market value and profit. Once things stabilises, that would be the time where actions has to be made in my opinion because we have never seen a market value higher than ATH, which gives us no idea or assurance to how high will its market price could be. Ofcourse if you can afford holding no matter what happen next, that would be better.
2291  Economy / Gambling discussion / Re: What do you think about this service ? on: November 30, 2020, 09:44:20 PM
Probably won't trust this.
It is just weird that a stranger will message you in a sudden offering a service you do not demanded in the first place. Although you won't give payment prior to 'pilot testing' of what he offered, knowing that he is demanding something could be a bit of a problem. Not to be a paranoid about this, but being preventive is better. Also, as to how I view gambling, it depends to one's luck and strategies in any form won't really work in order to come up with the win. But you are free to take his offer of you are really wanting to win in that site since conditions are somewhat fair.
2292  Economy / Gambling discussion / Re: Betting on Open ending events? Should casinos continue offering them? on: November 30, 2020, 02:30:14 PM
I was wondering if after the "Trump vs Biden" US election fiasco... if casinos should still be offering bets on events like that?


Whether to continue offering bets in any event or not, depends on the gamblers and the casinos or gambling site in the first place. For sure this is not the first time, and that is enough I think to explain that those who bet are aware of the delays. Anything could be means of gambling tool as long as there's a bet. So we really cannot prohibit such kind of "game" because there's no valid reason to do so, and we do have freedom in this industry. As long as there are people who are betting on events of such, this will continue because gambling companies would make use of this opportunity. And when it comes to convenience and inconvenience, that is for the gambling casino and player to work with.
2293  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Gamblers! What is your excuse to avoid a game with 0% House Edge? on: November 30, 2020, 01:52:04 PM
There are other gambling game which has 0 house edge such as Blackjack. It is a good idea that may encourage other gamblers to play because it would somewhat give them an idea that the chances of winning is higher, but reality is not since it will still depend on one's luck if I'm not mistaken.

What would be an excuse to not engage into such game wherein there's 0% House edge? Well, I think it is the kind of game being offered. No matter what game it is, if the players are not into such kind of game, things would be the same. In my case I would still choose other gambling games such as roulette with house edge than this, not to be in contrast of the idea, but simply because that's my preference. There are just players who are more into enjoyment than huge winnings.
2294  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: November 29, 2020, 09:48:16 PM
Bitcoin is not anonymous like other cryptocurrencies since our wallet balances could be seen by anyone because it is stored in a public network, but the owner of a certain address is anonymous unless he is going to buy something that could be the reason of his identity to be revealed, that's why protecting your privacy using Bitcoin will depends on you.

But things could be sown
Having a transparent blockchain does not necessarily go against anonymity. What now if a certain address' balance can be viewed publicly? Does it mean the identity of the owner is revealed? Not necessarily. The public network does not attach personal identity to public addresses. Even buying something with your wallet does not necessarily compromise your identity.
Details are simply limited if you would look at wallet conditions ad prod hwabmomenr details which are open to public. So it may display anonymous details about the  investor or user of this technology. As longs as KYC process won't be a requirement, things would still be private expect for one's wallet address perhaps in this case. We'll exchanges requiring the user to do so, is  another part of the story. When it comes to its general acknowledgement, Bitcoin is recognized the most in this industry but for sure identities of their investors will always be on top of other requirements.
2295  Economy / Speculation / Re: Bitcoin is going to go to 0 on: November 29, 2020, 05:33:56 PM


C'mon, sell everything.

https://www.youtube.com/watch?v=i8vf9zHV3S0  

LOL



This is the best meme or symbol for those hate Bitcoin, they used to be so many but now they are dwindling, I see their group getting lesser and lesser over the years until we don't hear from them, or they will become a part of the community, just like what PayPal, if you can't beat them join them. 
There is indeed a possibility but the slightest I think knowing how huge the market price already is. Its market value have developed that much and is far from its market price upon the release in this market. With that being said, knowing that its market price is not falling that much, I think it would be close to impossible for its market value to be close to zero or to be worthless someday. It have established wide range of users in this industry and as long as there are people supporting this technology, demand will always exist and it will always be reflected in its market price.
2296  Bitcoin / Bitcoin Discussion / Re: People still don't know about Bitcoin on: November 29, 2020, 05:09:27 PM
There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?

How much there is who face this problem?
Maybe that is due to the prohibition in your country, and probably there is. Bitcoin is having wide popularity at this moment because of the impression created from it wherein profit is assumed to be easily earned due to the increase in its market price. Little do they know that the market price is not consistently increasing and there are times of market price downfall resulting to partial profit loss. These assumptions are simply what making this technology popular so if it is not having influence in your country there might be factors affecting the spread of its popularity or influence, more likely prohibitions.
2297  Economy / Service Discussion / Re: Gam m with Signature Campaigns in Forum on: November 29, 2020, 04:32:13 PM
Not a new thing in my opinion. Eversince I started doing bounty campaigns there were already many gambling projects of such circulating in this forum and I have participated to some because most of those campaigns are having wide popularity making the campaign period most of the times, successful. There was also a time wherein I preferred join projects under this category because chances are high that campaigns of such are succeeding with their sale period, giving assurance to the rewards. Nowadays, I do still view such campaigns in the same way because projects under gambling category is continuous.
2298  Bitcoin / Bitcoin Discussion / Re: In my school, Bitcoin is now becoming a subject on: November 29, 2020, 03:47:21 PM
Probably in line with economics, right? I am actually open with the idea of a revolutionary currency wherein it is a form of investment and a digital currency at the same time which I think is something not in line with the norm. Spreading knowledge regarding this technology would be a huge help since there is a rapid increase with companies making it a requirement for an individual to be knowledgeable with trading.
Quite outdated but recent articles support the claim on the link below:

https://www.glassdoor.com/research/rise-in-bitcoin-jobs/

But I guess this won't be necessary to all professions so pushing further won't be a mandatory.
2299  Economy / Economics / Re: 2021 not Looking good on: November 29, 2020, 02:47:09 PM
How did you know? This year still has a month left and things are still having chances in particular with recovery, so what more with another year as an interval for recovery to occur. The problem is lack of assurance and certainty. This simply implies that we cannot conclude whether the market price will be increasing or not on the following months or years. The only thing we can do is to just wait for things to be in reality. Things do happen in an unpredictable manner and speculations won't really do something about natural market volatility.
2300  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin at risk of regulation? on: November 29, 2020, 02:21:39 PM
Probably that's the only way in order for this technology to achieve acceptance across the globe. Not all people are aware of the nature of this technology and one way to push this towards more people is to boost its reliability through government regulation. But I doubt it would be a total regulation. My idea to this is an optional regulation not a mandatory regulation. And this will be made possible through third party networks which will be an alternative to crypto exchanges, for those who are just knowing only the "surface" idea of this technology.
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