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The single best thing a crypto casino could do in my opinion is not have deposits available. Do all the bets on chain and suffer through the fees. That would make everything transparent, would eliminate a large attack vector with hackers trying to steal deposited coins, and would eliminate a lot of customer service issues.
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I will say that knowing ETF approvals are just a matter of months off does make me feel a little more confident that the Bitcoin price is going to rise quite a bit in the coming year or two, but I would be even more confident if the mtgox BTC would get distributed so the market can work on absorbing that. Once that is behind us I’ll be in full bull mode.
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When will the bitcoiners realize bitcoin is just fiat with more steps on a transparent ledger with enforced tax aka network fee. When your nation legalizes it like canada you will pay network fee and tax on top, such wow.
I get your point but you’re leaving out something pretty massive in your ridiculous rant. Fiat currencies can be printed until they’re worthless and that has been some time and time again throughout history. Bitcoin cannot be printed endlessly by an individual, since its rules are engrained into the network. So it’s supply is set. |
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I think more people got liquidated going long during this small drop then we’re liquidated being short through the jump in price the other day. This shows that people are still taking ridiculous bets and have an over bullish view of the current market. Stop trading with leverage and start stacking unless you want to be left behind.
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I hadn’t heard details about the Eric Lewis referee drama so I guess the NBA did a good job keeping it under wraps. However, it appears Eric Lewis has now “retired” after the NBA reviewed his social media accounts, so one can only imagine what it is he did. One thing is for sure though, his retirement wasn’t optional for him.
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The current market price hasn't done justice after receiving this great news, as things looked like a one way street in favour of SEC! But against all odds the coin flipped in favor of Grayscale which has let most of our coins in green, and we need to build enough momentum to push price up and get the herd mentality and buying back on the road  While they may have won their lawsuit, this just puts them on the list awaiting approval with everyone else.
Will take the "W" for now... And the court siding with Grayscale opens up the doors for more to get on that list... But I guess the real fight hasn't began as getting the approval process is another pain in the b*** The funny thing is that while Grayscale may have won their case, ultimately it is a lose lose for them. When they do convert their fund to a spot ETF, they’ll lose a ton of revenue as they’ll also have to drop their fees. So ironically Grayscale is shooting themselves in the foot by advancing the industry with this lawsuit. A good thing for their customers though. |
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While trading strategies may help you make some money with trading, it’s somewhat important to remember that Bitcoin’s price increases over the years have been that of legend. The only way to not win when it comes to investing in Bitcoin is to not be in the game. So be careful about selling and missing out on massive gains by trying to make short term profits.
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Politics are necessary because without them, who would build the roads? Libertarian joke… More seriously, politics are necessary for many reasons but the government has also grown wildly out of control. I don’t think taxes were meant to be ever increasing, nor do I think countries were meant to take on debts. Modern day politics are way too intrusive on our lives.
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I think most people are probably properly reporting their crypto sales at this point. It’s pretty easy to do with exchanges being linked to most tax software. I don’t think this is a bad thing. Small purchases will be a pain in the ass but I don’t think this will be widely enforced immediately. They’re just laying the groundwork so they can arrest offenders when the time comes.
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That's pretty disappointing if Giannis packs his bags and join a superstar in another team. I mean he's already accomplished something only a few could achieve and doesn't seem to have a serious falling out with teammates or management. Yes he's demanding something to make the team more competitive before he extends contract but I think that's normal for any player with ambition.
His presence in the Bucks keeps the East exciting and competitive with Celtics and also the Heat.
It's not personal, he just wants to win. He said in an interview that he almost quit basketball in 2020 due to some mental issues. Then he won the championship and it was "the best feeling ever". That's what motivates him and keeps him going. I guess he wants to prevent to fall in this hole again, and this is only possible if he can compete. The Bucks last year have been the oldest team in the league and some big changes will and have to happen if they want to stay competitive. So if they improve the roster he stays, if they don't, good bye Giannis. Nobody can be mad about that after everything he gave to this team. I think he proved his point. A talent like that shouldn’t be stuck in Milwaukee forever. He brought them the championship like he said he would and he’ll play out his contract. I say let him move to California and set some all time records with Curry in between shooting movies and commercials. He deserves it. His story is a great one. |
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VPNs are a pretty hot button issue at the moment. There have been proposals in the United States to limit their use but as far as I know they’re still perfectly legal to use. This is a case where technology is just out in front of regulation and I’m sure as regulators get younger and more familiar with current technology more clear guidance will be issued.
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Manipulation is of course everywhere. All you have to do is look at banks being fined for this activity to know it’s a common occurrence. I think this sort of market manipulation is probably present in every aspect of pricing in society. It’s what people do when it comes to money and especially in finance, is not surprising.
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While they may have won their lawsuit, this just puts them on the list awaiting approval with everyone else. Sure, it’s a positive development and holders of GBTC should consider this a win, but for the rest of us this is just another blip on the road to where we’re going. I do think this was cleaning up the field in preparation of mass ETF approvals in the coming months though.
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I’m as passionate about Bitcoin as I ever was. I move in 4 year cycles so this cycle is still a baby. I feel like it’s definitely still time to be acquiring all the coins you can. You can do that through mining or dollar cost average buying in order to make sure your stack continues to grow. That’s what I’d advise everyone to be doing for the next year and a half.
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I think that saving money on any site is a bad idea, but on a gambling site may be particularly bad, as it introduces other concerns like if the casino can stay afloat, not be hacked, and not expose you to regulatory hurdles. Crypto is great because it allows you to self custody your coins. It is advised you take advantage of that.
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This site is obviously a good place to earn some BTC if you participate long enough to elevate your member status to the point where you can be accepted into a signature campaign. I think given X.com’s approval to begin handling cryptocurrency on behalf of users, the formerly known as twitter site may become a haven for crypto tipping.
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I don’t think anyone expected BRICS to move as suddenly and quickly as they have been in order to take advantage of America’s insane leadership at the moment. I think when we get a new ‘America First’ administration in the White House things will change, but for now it is scary how much momentum the BRICS currency is gaining.
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I feel like this is going to become more common as time goes on. Children in city schools have been failing to pass required exams for decades now and I imagine with the covid homeschooling era that things are about to get much worse. The era of Idiocracy is fast approaching. Testing standards are about to fly out the window.
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A nice price jump surprise but I’m wondering if the mtgox disbursement is ever going to happen. Will it take the wind out of the ETF approval announcement when it happens? Are either of those events going to happen before the halving? This seems like the drama that won’t stop. Hopefully in the next 8 months we get all this behind us and can see how high this beast will climb.
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Looking a lot like we’re going to see a Sean O’Malley defense on the night of Conor McGregor’s return to the octagon. How awesome of a fight night card would that be? I don’t care who they’re fighting or how bad they look, I’m taking O’Malley and McGregor together and hoping for an all time classic UFC event. Hopefully in December.
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