Would you sell the casino tokens you hold for a long time that the price could posssibly go up this bull season or keep the casino tokens that shares profit of $1.20 a day?
Just a delimma for anyone to think of. I have something in mind but I wanna ask your opinion since I also bet everyday in this casino.
Are you sure it's a casino and not a hyip??? Because casino websites don't really share a fixed amount of money everyday. It is usually based on their profit. So sometimes you won't get any profit at all. So if you are sure that you have invested in a functional casino website, I would rather ask you to hold it because $1.20 is a nice little incentive if you are coming from an Asian country. But make sure they are a functional casino first! |
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[1] governments investing bitcoin as a reserve
[2] huge companies preferably in the top 1-20 will put bitcoin in their balance sheet
[3] online stores such as Amazon started to accept bitcoin
[4] governments making bitcoin as legal tender.
I agree with these points! These incidents can act as catalysts for the next bull run of bitcoin. However, I hate to see point number [2] happening! I certainly don't think it is a great things when corporates pour in billions of dollars into bitcoin. It definitely increases the demand in the market and temporarily increase the price. Many people would earn money out of that bull cycle. But in a decentralized ecosystem like bitcoin, it's not good to have few corporates in a position to control the entire market. That could be super bad for the bitcoin market. We have seen enough market manipulation already. That needs to stop firstly! |
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I believe I have seen this news before and the person who took this photo is also a member of bitcointalk. I am not able to find it now, apologies!
This is exactly what people need so that bitcoin thrive in its own ecosystem. Those big whales and pump-and -dump players don't mean anything. But such kind of adoption is actually a granular level adoption which we will need to see.
But unfortunately, Indian government is planning to impose a blanket ban on cryptos very shortly. I am worried that the auto driver shouldn't be arrested for accepting bitcoin.
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CLEVELAND, Ohio — A Bath Township man is charged in federal court with running a darknet operation that prosecutors said laundered more than $300 million worth of cryptocurrency often used for illegal transactions in underground marketplaces. Larry Dean Harmon is charged with conspiracy to launder money instruments, operating an unlicensed money transmitting business and money transmission without a license detailed in an indictment handed up by a grand jury in Washington, D.C. Federal prosecutors say Harmon, 36, ran a service that allowed customers to send bitcoin and obscure its origin. Such services are known as “mixing” or “tumbling.” Federal prosecutors are seeking millions of dollars in financial penalties and want Harmon to forfeit his house on Yellow Creek Road, as well as additional property in Akron and Aurora, Colorado. Source: https://www.cleveland.com/court-justice/2020/02/bath-township-man-ran-service-that-laundered-311-million-in-bitcoin-for-darknet-transactions-feds-say.htmlLol! While I understand this fellow was not solely arrested and charged for mixing services, but mixers are a great tool for money laundering no one can deny! The motto of money laundering is to hide trail of dirty money and mixer does exactly that! Honestly, bitcoin has given financial freedom to a lot of people who are honest and didn't earn bitcoin by felony. But there is another segment of people who were empowered by bitcoin (xmr nowadays) to continue with their dirty practices. The community must find a way to stop this menace! |
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Given the nature of this digital currency, there are always conversations to be heard about not buying Bitcoin, as Bitcoin works outside the traditional banking system, so there are too many opponents to it. However, its design is such that no one can create a particular barrier to buying it. If you have access to the Internet and a Bitcoin wallet, you can invest in buying Bitcoin.
Many countries have struggled to obtain this digital currency. Bolivia, Thailand, Vietnam and Bangladesh, for example, are all trying to obtain Bitcoin. Even more advanced countries such as Russia, Japan, Australia and Venezuela have attempted to legally sell Bitcoin. But it is interesting to note that some countries, such as India and the United States, have not yet taken action in this regard and have not yet defined an official policy on such currencies.
In general, it should be said that bitcoin cannot be an obstacle, and this is one of the advantages of Bitcoin.
Well, it all depends on the leadership of a country. Leadership with progressive people in it, have opted for bitcoin and people with regressive mentality in the leadership, have decided to ban it. India's crypto bill is on the way and possibly within next few weeks, you all will hear sad news from India that the government has decided to ban bitcoin. However, having said that, it is really impossible to enforce the ban. The law can have its provisions for banning it, but to practice that in reality, is a whole different story! So it's not wrong to say that banning bitcoin is a mission impossible! But negative legality will definitely discourage a lot of people! |
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A lot of popular streamers have voiced their opinions on this, and I think it’s good overall given that a lot of audiences watching on the platform are teenagers that might have access to mommy and daddy’s card. A lot of these people look up to these huge streamers, and will do whatever they are doing in order to mimic their ‘greatness’ for a tiny bit.
Or perhaps Twitch can just ask for KYC in order to block or screen underage viewers from mature content, though that wouldn’t work in the long run too. A lot would surely protest on KYCs and Twitch’s viewer count would significantly drop.
This is the best move right now. Gambling promotions can, perhaps, stay in YouTube for the meantime.
I understand that! But the policy doesn't help to curb teenage gamblers here! Streamers are prohibited from sharing links of the gambling websites. But they are not banned from streaming at all. Gambling related contents can be perfectly streamed on Twitch. So I am not sure how this new policy may remove problem gambling from teenagers! This new policy will just bring down the affiliate income of the streamers to zero and that's it! Pretty stupid step it seems! |
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Given the events in Afghanistan over the last week, it is a great example of where bitcoin could have been of great use to the people of the country. The currency, the Afghani, fell to record lows. Anyone who owned bitcoin was protected and could escape the country with their assets, not worrying about capital controls or confiscation at the border.
Given that China sees how weak the current US administration is, Taiwanese should beware and should have escape plans in place: assets offshore in the US, EU, Switzerland etc and some large percentage in bitcoin. The people of Hong Kong had an opportunity to do so, and probably still have a slight window, but right now Taiwan is in a place where the people should be concerned about the communists at their door.
These are the exact reasons why fascist and regressive countries have either banned bitcoin or in the process of doing it. Because governments do not like people to have control over their own assets, rather they want to control everything they can. Bitcoin is indeed a great tool to avoid such intervention from the government dogs. We have seen that in the past when protest against China erupted in Hongkong. I am sure many people are using bitcoin solely for this purpose. But governments are furious. Recently Federal Reserve president said few lines on bitcoin. Read here: https://www.marketwatch.com/story/crypto-is-95-fraud-hype-noise-and-confusion-says-feds-neel-kashkari-11629236416 |
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I saw some news today that the Dogecoin Foundation is officially coming back after several years of silence. The foundation is set to support core developers and projects benefiting the meme-inspired cryptocurrency DOGE.
I think this is a good news and a good sign for the Doge to rise up again, what are your thoughts about this news guys? buy or wait again?.
Lol! This is what an influencer does to the market! Dogecoin creator sold off his own coins and bought himself a new hinda accord few years back. But when Elon started praising it, everyone gone mad! Now Elon's praises has gone up to such a high level, that the creators is back in the game! It's literally raising the dead again! Now this news has created so much of fomo in the market, that dogecoin is up by 16% already. Go dive into it as it will definitely go up. But make sure to come out in right time! |
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Been thinking - What do you think is the biggest news cryptocurrency needs that will increase its popularity? The only news we need now is the news of bitcoin adoption by the governments through a legal framework which will pave the way for merchants to accept it with ease. That's what we need now! Bitcoin wouldn't thrive without granular level adoption. Whales are not so important for the survival of bitcoin. But we need granular level adoption and for that we need legal framework from various governments of the world. Such things might trigger the next bull run and make it even more popular! |
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Is there a gambling pattern that eventually leads to one of these addictions? There is one very prominent pattern I have seen in few of my distant relatives which leads to addiction. That is the greed to overcome the losses occurred by gambling itself. Few of my distant relatives are very active in cricket gambling. During their initial days of gambling they had won a huge amount of money using which they had purchased their first cars. But eventually they started tasting the defeat. They became addicted just to recover that losses occurring from gambling. So they gamble more to recover their loss and started lossing more. Their initial winning remained as their inspiration to continue with this malpractices. I am sure that's another psychological parameters that lead to addiction! |
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First off, all these comments are from people or are they bots? I notice even on twitter when it comes to politics, you see these accounts post comments where it sounds like a bot... then you see other users who post the same exact thing.
I assume the scam here is you then contact that persons whatsapp or phone or telegram, then they ask you for money... then you get scammed?
These could bots with scammers in the background. They will probably try to sell you some software which they claim to mine with 5x power than the traditional mining software. So it's best to avoid them. Remember one simple thing, if someone claims that he has access to something magical which can help us to make tons of money without any effort, always stay out of that! Because if in reality someone has access to such software, he would try his best to guard it as a secret. He would never sell it to the people. So if you remember this thumb rule, you will be good! |
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It's indeed great to know that you are actively using bitcoin for your businesses. It solves one major problem you were facing in your business. It completely eliminates the intermediary called banks and you now get the funds with a great speed compared to traditional currency exchange business.
But I am interested to know how you are handling the price volatility? That's a huge risk for you if you don't convert your bitcoins immediately after receiving the payment. If you keep it as it is, you either will get huge profit or generate huge loss. How you are hedging against the volatility?
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CBDCs are the future of the traditional financial system. There's no going back no matter whatever others think. Because with CBDC, governments will get bird's eye view on the finances of their citizens. They will be able to catch black money hoarders and tax evaders quite easily. So no government will leave this great chance of spying! But whatever Afroblocks is saying, is related to the usability and possible integration of CBDC with cryptos. So I don't think there will be any action even after the warning from the crypto community of Ghana. |
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Hello,
I am looking for people that are betting using Satellite Feeds and basically bet before the bookie counts the goal. I can bet for you in Local bookmakers that only need 5 seconds to place bet.
We can discuss via Telegram: EMWIN2021
Greetings
I think you must change the name of the thread from satellite betting to cheat betting. That's more appropriate! Also the method you have mentioned here is not at all easy to execute. Otherwise all wealthy gamblers would have used this method. Since you are using local bookmakers, I am wondering how they are allowing you to place bets with them when you are always winning. I don't think any bitcointalk member provide satellite feed service here but who knows, you can get lucky as well! |
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It is popular opinion sometimes that a trading strategy might no longer be effective if one begins to loose money while trading instead of gaining.
An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;
HOW MANY CONSECUTIVE LOOSES IN TRADING CAN YOU HANDLE BEFORE YOU ACCEPT THAT YOUR CURRENT TRADING STRATEGY IS BECOMING LESS EFFECTIVE?
Well that depends on an individual. For me, it is not based on the numbers of trade but it is based on the amount of money I've lost from trades. If any particular day I see more 20% loss from my capital trading amount I stop my trading activities for that day. So there is no straight forward answer. Also, in crypto trading it is very difficult to follow a certain strategy as the market is super dynamic. So it is wise to take decisions as per the market dynamics rather than depending on a particular strategy. The only strategy is to safeguard the capital in case anything goes wrong. |
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Global population growth is about 1% every year.
A fixed total supply means the currency is deflationary, after accounting for population growth and lost coins. Could this system potentially over-incentivise saving?
Would it be better to have a fixed supply increase of 1% every year instead? Under this system, it would be only mildly deflationary due to lost coins. This means that in the long term, $1 today would still be worth more slightly more than $1 in the future (a "reward" for delaying gratification and still satisfying positive time preference). I know 1% pa is probably not much in the scheme of things, but wouldn't this be a more neutral choice which doesn't over-incentive saving nor over-incentivise investment?
It's quite an interesting discussion, I must say! 1% increase in fixed supply every year may not sound huge but it will bring the inflation game into bitcoin! It wouldn't hurt the price growth of bitcoin because it entirely depends on the granular level adoption that creates demand which in turn drives the price growth. For me, it's a good idea. Instead of having a fixed cap, it makes sense to increase the cap by 1% each year. But the current halving pattern must stay as it is to compensate the inflationary nature of fixed percentage increase. It's interesting to see what others are thinking about this proposal. |
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Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services. It is only government to blame for banning bitcoin and other cryptos. Because it all depends on the mindset of the leadership. If you see examples of progressive countries like US or Japan, they are the first ones to adopt the usage of cryptos. Now take an example of regressive leadership like India or Bangladesh, they are seeing it as a threat! So it all depends on the mindset of the leadership on how they want to provide financial freedom to their citizens. It doesn't depend on whether the officials have used it or not! It doesn't have any impact on the policy decisions! |
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Fron majority the comments it seems that people don't think crypto gambling will be majorly impacted by this move of Twich and that makes sense! I tried to search crypto gambling streams there and hardly I can find a handful. 99% of the gambling videos are related to fiat casinos. So I belive fiat casinos will see a major impact due to such decisions made by the management of twich. Also the streamers will be discouraged to make gambling related content because they won't be able to earn referral income. So it's a major blow for them. I am happy that crypto gambling never made big appearance in Twich.
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Doesn't the current market strategy prove that bitcoin does not care about these influences?
The fall of the market was only due to the unpleasant condition of the miners. and the market has become smoother again as miners are relocating their firms?
We are nearly there but yes, we are not yet immune from such influences. People like Elon Musk definitely has a great influence on the crypto market because he is also a supporter of crypto. He talks about this technology quite often and I have seen both praises and criticisms. So we are not immune yet, unfortunately! Chinese Miners were another issue! Ideally if miners go out of mining, the price should increase because the supply is decreasing. That didn't happen recently. So we should not count Chinese miners for this recent drop in the market. At least it is not the only reason but may have cumulative effect. |
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In a recent interview with CNBC, Gene Simmons stated that he has entered Bitcoin with all his assets. Rockstar is convinced that Bitcoin will be traded at a price of $ 60,000 by the beginning of next year: "So, I’m all in, I’m putting all in. When there was a big dip and it went down…I’ve put in more." As reported by U.Today, the musician, who has become a businessman, revealed that he had a seven-digit bitcoin fortune in February. Simmons entered the world of cryptocurrencies at the beginning of the epidemic because of his relationship with Tyler Winklevoss. He quickly became a fan of cryptocurrencies, which even led some to accuse Simmons of receiving wages with some cryptocurrencies. Apart from Bitcoin, the KISS star also owns Ethereum, Cardano, Polkadot, and UniSwap. Simmons likes the fact that cryptocurrencies leave digital fingerprints, which he says make it easier to tax than gold. He added that his fans could now use the cryptocurrencies to purchase his artwork, which will be available later this year. Source: https://u.today/rock-legend-gene-simmons-says-hes-all-in-on-bitcoinDon't be dumb like Simmons! He may be a great bass guitarist but definitely not an investment advisor. So don't listen to him and follow the traditional way of investment - diversify your portfolio! There's nothing to stop you from investing in bitcoin and gold and stock simultaneously. So never go all in with a single asset. It's a good practice to always diversify your investment portfolio. Have every possible assets in the portfolio. If you are bullish about bitcoin, give higher percentage to it. But never ever go all in. That might be the dumbest idea you will see! |
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