Again, this is another good news that might push the price to new all time high next year if this amendment is allowed by SEC.
Lol! No! More and more of these institutional investors are actually running the bitcoin ecosystem which is supposed to be decentralized. But with these deep pocket investments, bitcoin is becoming more prone to manipulation. Didn't we see Elon's incident? Then why we are cheering when big institutional investors are jumping into bitcoin bandwagon?? There's no reason to cheer at all. Bitcoin has enough demand in the market and we certainly don't need some deep-pocket institutions to increase the demand. More and more institutional investors should not invest here in bitcoin. They should stay with the traditional financial assets. |
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Some countries now ban the use of Bitcoin, or banks restrict cryptocurrency transactions, resulting in an increase in the number of long-term Bitcoin holders.
For example, in China, China prohibits the use of Bitcoin. If I were Chinese, I might be more anxious. Some ways can be found to avoid being caught by the Chinese government. I will consider putting it in a cold wallet. In this case, you can only choose to hold for a long time. After all, there is no exchange to trade,
So will anyone give up Bitcoin?
That entirely depends on the law itself. My country is also planning for such laws to ban bitcoin or any virtual currencies not issued by Government. But I will see the law in details once it is signed and published. If the government mentions about punitive actions aginst holding of cryptos, then definitely I will have to sell off my bitcoins during the exit period so that I don't stand against the law. So it really depends on what the law says! |
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I am asking this because I do have some short of an answer for videogames and for massive multiplayer games and even for social network oriented games. Videogames require a great design, good difficulty grading, an story that engages the user, massive multiplayer and network oriented are a lot about the interactions and how varied and fun these are. However, for casino games, it would seem that these factors are not really the most important ones. You can see games with very basic graphics and design, simple in the options for the player and not that engaging yet they do "hook" people in them.
What do these games have to have for you?
For a casino game it requires few simple things to "hook" people. It's not great graphics or difficulty setting or even a storyline as rightly pointed out by you. 1. Easy to play and understand 2. Profitability That's all it matters for a casino game. That why crash games are so popular in today's crypto gambling market. Just few clicks and that's all it takes, really! |
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The world population is about 7.8 billion, and the current number of bitcoins is about 17 million. If you don’t consider investment institutions holdings, the per capita is about 0.0021794 BTC. But in 2140, bitcoin mining will end, and the world’s population is estimated to reach 14 billion. I want to know what kind of distribution of Bitcoin will appear at that time? Will people use Bitcoin for normal transaction payments? I think there is no right or wrong view, but I believe that there will be other digital currencies to assist Bitcoin. Where will Bitcoin go?
Bitcoin is not the birth right of every citizen. So there is no question of distributing all mined bitcoin amongst the world population. When a centralized fiat currency cannot be distributed evenly, how on earth a decentralized currency like bitcoin will be distributed? So thinking about it is only waste of time. Other digital currencies will obviously be there! Even today we are having thousands of different cryptos. People are using them as well. But if you are thinkin about a fair distribution, that's not going to be possible! |
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If many influential/giant whales post messages expressing support for Bitcoin, or expressing that they have purchased Bitcoin, will they promote market changes? If they enter the cryptocurrency field back and forth, whether cryptocurrency is not considered free and easy The market is over, and everyone is following the whale operation. Although the market needs volatility, is this kind of random volatility still meaningful?
We have already seen two such incidents of market manipulation by influential people. First was Jemie Dimon and Warren Buffet and second was Elon Musk. So we can't deny this fact that influence does work in crypto space, whether its positive or negative. So if we see positive feedbacks or news from the influential people about bitcoin or cryptocurrency in general, the market will definitely respond positively and vice versa. But we need to also understand that these type of hype marketing will have temporary effect on the market. If you can ride the tide, you will be benefitted and if you can't, you will loose. There's no permanent solution to this! |
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What is likley to happen to BTC in the imidiate aftermath of a global economic crash, and what will a recovery look like in comparison to the economy?
Very much possible! During the last prominent economic crisis, we didn't have the option to move to crypto. So most people had moved to so called safe heaven like Gold or other precious metals. Historically, gold has been used as a safe heaven during any financial crisis. I don't think this trust on gold will not end anytime soon and will continue even during the next financial crisis. But this time, we have cryptos! So its no wonder that a lot of people will flock into crypto market during uncertain times. However, such incident will definitely increase its adoption as well as the price. But considering the price of bitcoin is so volatile, it may scare some people out of the market. Because a safe heaven usually stays stable uring bad times. Bitcoin has not yet shown such resilience and maturity. So a major impact may not happen! |
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Hmm! It seems someone or some groups are creating false propaganda awareness against bitcoin mining. Let's look at some facts,
Seneca lake's water capacity is estimated at 4.2 trillion gallons as it is deepest finger lakes compared to others. 4.2 trillion gallons is equal to 42,000,00 million gallons.
How much water the minin operation is releasing - 135 million gallons.
So the mining farm is using roughly 0.004% of water that the lake can hold.
The allegation hardly makes sense!
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There are a lot of people posting here. In most of threads related to sportsbetting, most user just discuss about the match, how player performed, how they could perform etc but very few person discuss about odds, chances of winning a team and other factors related to bet.
Is it possible that most people only discuss here to fulfill their signature requirement? In my case, I don’t play games at casino. I used to play back in the day but not anymore while I'm still having sportsbet on most of the matches.
Be honest and share about you whether you post only for your signature requirement or you post because you are involved in gambling & you want to know or share knowledge.
Well, not everyone is a sports gambler here! A majority of the crowd here are normal casino players like slot games. Also a good majority of them loves crash games. Personally I don't bet on sports but I am a big fan of crash games! So not everyone will talk about betting odds or leverages and other stuffs related to sports betting. A lot of us will roam in the gambling section to discover bonuses, news about casino websites, casino review websites and other stuffs related to gambling. |
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Well, I have two different answers for this question under two different circumstances.
Let's assume, I am a salaried person and I am doing well for myself-
1. I will trust banks and fiat money and even with my data because at this situation I would need access to the banking products and offers.
Now let's assume, I am a millionaire and not all my incomes are white-
2. I would not trust bank with my money and definitely not with my data. I would rather prefer cryptos like bitcoin or Monero. Because now if Banks have access to my data, that will eventually be flown to the Income Tax department and that's exactly what I don't want.
So that's my situation based answer!
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Before the birth of Bitcoin, we never thought that private individuals could issue currency, nor did we think that digital currency could truly be used as a payment medium, let alone the rationality of the existence of legal currency. But when Bitcoin was born, everything changed. Individuals issuing currency is a huge risk. Anyone and everyone then will become a billionaire. It's good that crypto market usually rejects shit projects. For this reason we have tens of thousands of deadcoins in the market. Not ideal. We began to doubt the monetary exploitation of us by government agencies. We began to think about the irrationality of various centralized financial institutions. We started fighting for our currency independence. We began to use Bitcoin to protect our wealth from inflation. We began to think about all kinds of injustices in society.
In this process, I think our biggest change is that our minds have been liberated. We began to pursue freedom of thought. We are no longer imprisoned by the opinions propagated by various media. There are countless possibilities in our brains. Heavy words it seems! But sadly, very minor percentage of bitcoin holders are concerned about security. Majority of them are investor with a hope of get rich quickly. Some bitcoin puritans still thinks for such liberation or freedom, but are unable to make much impact. This is my view on freedom of thought. What do you think?
Good view! Bitcoin indeed helped some people to overcome the dependency on government created financial ecosystem. But sadly, a very little percentage of people are concerned about the anonymity and security. People are just happy to invest in it through centralized exchanges and enjoy the rollercoaster ride thrown to them. For them, the value of bitcoin is only its price and nothing else! |
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The whale manipulates its value and is so easily manipulated. Is this decentralization?
Do you have a proof that whales are manipulating the crypto market? This can very well be a popular belief and may be far from reality. Till date we haven't seen any legit proof where the whales have manipulated the market. Obviously Elon Musk did and now his company's bitcoin holding is running in negative. I don't think we have any other assets available which are greatly decentralized like bitcoin. |
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The crypto economy is leading to the development of alternative financial and technological infrastructures that are global, open source, and available to everyone who has access to the Internet. With the increasing popularity of open source technology development based on the Internet community, and increasing investment in cryptocurrencies, public blockchain networks and protocols, grassroots efforts to establish a technological infrastructure that replaces the open and inclusive financial system may have taken over. Blockchain technology and the cryptocurrency that uses it are creating an open and democratic financial system.
Cryptocurrency can definitely help in financial inclusion but its main bottleneck is the requirement of internet and the requirement of technical knowledge in order to use cryptocurrencies effectively. There are several projects available which can be scaled up to meet the need of the increasing global demand, but unfortunately, the idea of cryptocurrency is still alien science to many. Also, to transact using cryptocurrency, we need internet connection. We still have many places where internet availability is a distant dream. It may not be possible for cryptocurrencies to help in such situations. So the financial inclusion using cryptocurrency is easier said than done! |
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Hi! Fresh site about gambling dapps and crypto casinos: https://dappcasino.io/Our goal is to review and rate gambling dapps and add the newest crypto casinos. Please contact us, if you want your casino to be listed. Any feedback is more than welcome!  Just another casino review website! I am not sure how are you planning to survive amongst the competition. Make use of the cool domain name that you had managed to procure. Focus on SEO and make use of tools like ubersuggest to make your SEO better. Another possible way you can explore is aggregator model. For each of the casinos listed on your website might also have been reviewed by another reviewers. So try to show their ratings as well in your website through backlinks and ask other review websites to do the same for you. Such kind of link exchange should work well from SEO perspective and also users will have a one stop shop for casino reviews. |
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Bitcoin is More Eco-Friendly Than Gold and Banking That's a perfect statement! If we compare the energy usage of only the gold businesses worldwide, bitcoin's energy usage will look minuscule. The banking sector is even bigger producer of carbon given it's size. So whoever thinks that bitcoin is bad just because it requires energy, that's utter stupidity! Just as Elon Musk did! His company could have made a very nice profit, but due to his stupidity, they are now facing loss on papers. But we need to learn to ignore such stupid people from our life for our own good! |
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Only human can control bitcoin, no other species can! But the right statement is that - Individual can't control bitcoin. Bitcoin is designed to be a democratic monetary system where the miners have to vote and majority always wins. If the minority don't like the system, they can fork away! So it is one of the most beautifully designed democratic monetary systems exist today for good! There are issues like scaling etc. But eventually that will be resolved in one way or other in future.
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Hi everybody, i am a student of economics and i'm interested make my thesis for i could graduated about Bitcoin. In specific, i want to do a analysis of bitcoin market in Colombia. It is basically the question of investigation of my job. Yet i am thinking the hypothesis and in this topic i would like that focus in the contribute of the bitcoin to the society through of market. I had thinked in the transaction costs that save the system of transactions virtual. If you could help me with ideas i will be many grateful.
Regards.
Ok, so I will give you some bullet points and you can research further on those to understand the contribution of bitcoin to the society, 1. Decentralized monetary system that is controlled by nobody. You are the master of your own wealth unlike the banking system. 2. Bitcoin doesn't get printed like fiat so it is mostly immune from inflation 3. It has the power to include unbanked population into the scope of modern monetary system I think these 3 are the major points of contribution by bitcoin to the society. Obviously you will have to research more on thi to deeply understand the impact. |
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The CEO of Celcius seems ultra bullish on bitcoin. While I don't disagree on the pricing point, but I don't think it's going to happen anytime soon. Definitely not by the end of this year. I am sure nobody will be unhappy if it happens because a lot of forum members will become millionaires. But realistically, I don't think it's possible to achieve anytime soon. However, 10 years down the line, it's definitely possible! When the Next to next bullish cycle will happen, that's when we might see such price point of bitcoin.
Also as we have always seen, along with the bullish cycle of bitcoin, the price of all altcoins will increase. So diversification is the key here! I agree to have few prominent altcoins along with bitcoin in my portfolio to make the most out of such bullish cycle.
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What do you think ?
Are you happy with the results ? Did you expect someone else there ?
There is no surprise that Bet365 clinched the top 1 Online Sports Betting Operator. If I remember right, there is a thread before that is shared here (or maybe just part of the replies) in the forum that they become more popular on Europe's online gambling during the pandemic and lasted until now. Not against the voting result here, even I'm not familiar with some of those, because awards doesn't really matter as long as these gambling operators are good to their service. Bet365 has become a legendary casino in fiat based casino industry under the able leadership of Denise Coates. This lady was a visionary businesswoman who understood the value an online gambling website can bring to the gamblers. Since they were focused to provide an immersive gambling experience from the very beginning, this pandemic time had helped them immensely to grow. Read the below article: https://mikecruickshank.com/bet-365/Indeed many casinos are not known to a lot of people here because we are crypto users and not fiat casino users. But bet365 is indeed well deserved to win such award. |
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https://finance.sina.com.cn/tech/2021-06-12/doc-ikqciyzi9219950.shtmlIn this article, it is written that the Yunnan Provincial Energy Authority will cut off the power supply for mining farms that do not have permission to do so. China has seriously decided to fight bitcoin in order to push its own CBDC. But who needs a Chinese centralized payment system? Such news are not surprising when I see the origin of the news. It's China! Come on, what else do you expect from an authoritarian government run by a power hungry communist. When they don't get to deal with a problem directly, they try mean ways to deal with it. China understands very well that bitcoin is beyond their control and that's why they are trying to eradicate miners from their soil. But that makes complete sense! They have their own version of Twitter, whatsapp, facebook and even windows. So why don't they get their own version of Bitcoin controlled by their very own government. Problem solved! |
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