It’s essential to mention that ICP still relies on the throughput of Bitcoin’s blockchain with this approach.

Doesn't really seem like something to be honest, since the start of the Ukraine Russia war have economist predicted a downturn in global growth. Right now the government is at the end of it's rope when it comes to monetary policy. The usual habit for politicians since the 2008 financial crisis was to lower interest rate and print money whenever needed. For more than 10 years we have been in a ultra low interest rate environment, banks paying 0% interest on bank accounts for years.

The average saver has been losing money even with inflation rates around 1-2%. But now we are facing inflation rates of 5-10%, there is no more possibility for politicians to keep the interest rate low and print money. The risk of running into hyper inflation is high now, and once we enter such high rates it will be hard to get out of it anymore. The high volatility Jamie Dimon writes about we already have since March.

Prices are fluctuating on a daily basis, including crypto currencies. For me there is no real alternative to not be invested, holding cash is no option with the current inflation. The best we can do is to HODL and face the storm.

I understand that all the macroeconomic factors are indicating a recession but my point is that generally there is a silence before a big thunder, I can't see that silence around right now, tell me one time in history when there was a expected recession? People were dancing in 2008 before the housing market collapse kicked in.

Nowhere was this being mentioned that market is fragile and macro factors indicate bearishness. I understand that today information transmission is easier but still I feel you need a lot of longs to be opened before you can do the big short.

Bitcoin thrives on education and self-sovereignty

compliments!

I also managed to win an "hourly competition" without too much effort, but it was more a case of the absence of other players and not so much for having played a large amount .

the daily challenge is really tough. all these users you nominated are very active and ... aggressive!

Anyway 85 mbtc is not a small sum these days so doing that in one day alone, that is fantastic.

Even though I know all the economic indicators are signalling towards an economic squeeze I doubt that there will actually be one. Prime reason for that is because generally when a news about a recession is so public in news everywhere there generally is no recession coming in because people will invest carefully after reading these news and big whales don't really want this. When there is a hurricane coming by the news will be, market will recover from here, good times about to come and such positive news. If you see the past trends of depressions this has been a trend always.

Jamie Dimon is one of the most corrupt human beings on the planet, and runs one of the most corrupt companies on the planet.  JP Morgan Chase bank has over 36 BILLION dollars in fines just since the year 2000 ( https://violationtracker.goodjobsfirst.org/parent/jpmorgan-chase ).  The guy would sell his own mothers soul if he thought it would benefit Chase.  

As a financial advisor I've worked directly and indirectly with most of the major financial company players, and I can tell you first hand how awful and corrupt Chase is.  I've also had several close friends who've worked for them and they all agree.  

So moral of the story being, don't fully trust anything this scumbag says.  Just remember his main goal is to profit off of you, period.

I wonder how these attacks work and what they can get from the website after they are in? Is it possible that they can have access to personal information like KYC and also the funds after DDOS attack. For example, if such hacker gets in what does he see? All the accounts, dashboard of admin and can he access specific account and transfer the funds with this?

Some people can certainly beat the house. There’s a decent number of people whom are actually banned from entering some casinos since they’ve done so well (I think this is mostly due to winning games of blackjack).

As for your question I’m kind of the same, if I get on a real hot streak I tend to walk away in order to keep my gains, regardless if that means I’m giving up some potential further upside.

Of course, this graph Wind_FURY posted is also something that is definitely fake, right?

Well, it has indeed weakened for a few days, and that itself is a thing worth mentioning because you can see even on your chart there is basically not much room left before we can say there are more tied together than sp500 and dow. Any fluctuation would mean a breakout of the current trend, for good or for worse and to be honest I would pick either, things are getting a bit boring.

Call it a day after losing 1/4 of the profit again. 

Kind of my traditional way of thinking when I am playing card games, dice, or any type of game that is played fast. I know I will lose because like you said, the house will always win it back. But there's a choice to not let them take everything.

The temptation will pull you back and you cannot stop it. Let it pull you but just for just a little amount and have the mindset that after losing it you will stop. If it wins more and reached your quota then do the same.

All of us who gamble know how much that could be tempting whenever you are betting, and you are winning. You might think that you are the King of the World or something like that. To that extent, it would seem impossible to be taken down not until you lose it all. I know I have experienced that.

Experienced players probably would limit themselves to a certain amount on their balance and just continue another day. I have experienced this, and it's effective. Just have limits, and I think you would be okay.

i think you mean.. what if the prohibition is not as short as the bitlicence (literally hours with pre planned deadline)

where they done a scheme where they banned exchanging in new york after X date.. but months prior told businesses to get prepared and apply for a licence which became active hours after the date.. thus it felt like (for those businesses that applied for licence) as if there was no ban, no delay of service.

i do not see this as being that short(hours) .. but i also do not see this as being as long (over decade) as the 'prohibition' of 1920-1933

i see this as a upto 2 year delay/halt.. with a looming 'threat' where mining is could be permanently banned will be made.. after the 2 year period is up..

but within the two year "delay/halt" they will introduce licences for mining companies that can prove the source of their power is renewable to be active by the end of the 2 year delay/halt period(or sooner).. giving the government upto 2 years to set up the licence application department and regulations departments to over see mining operations.
(it takes time to train new staff in new tech, so dont expect licences being offered in the next few months)

after all if it was just a temporary thing. where 'open/unlicenced uncontrolled mining was allowed after 2 years. mining farms wont care about wanting to legitimise themselves to comply with any temporary delay/halt

..
NY state(local government) used to entice companies in via tax breaks and grants.. this way instead of giving real money away or avoid taking money away from treasury.. they can invent a new 'product'(licence) that comes at a huge fee when they dont want the business as much. and offer discounts/free licences when they want the business.. that way they can control how much mining comes into NY using up the renewable excess capacity, further controlling how much mining happens in NY

(.. all this is my opinion based on what a savvi business man would do if he was a politician)

Thus regulating the BTC miners which "they" might have some rules in the end how and who are the people allowed to mine BTC. This is really not making the cryptocurrency as a whole a decentralized system. Interesting things might happen in the near future as to who's running this show.

here is another perspective..

lets use the scenario of the 2014 bit licence and also the 1900's alcohol prohibition..

if something is previously open and has no laws. a government cant just offer licences/permits to it.. they first need to outlaw/ban/prohibit it. .. to then bring it into their purview (jurisdiction) to then set terms of use in their licence/permits which hey can later sell/offer.

i dont see this as a "permanent ban" scenario.. i see this as phase one of establishing a permit/licencing scheme

I'm quite rational in this respect and I don't get carried away because I'm on a winning streak, or a losing streak for that matter. I think a lot of people put too much hope in gambling and then get carried away and lose too many chasing losses or end up losing what they had won because they didn't stop in time. Not understanding the underlying mathematics also contributes to this.

Every time I gamble my objective is once I hit a good shot in a single game I will stop playing and this call for a day because I know not all the time has a good profit of course this is the time we become too much greedy that we want to earn more.

If you have self-awareness and consciousness you can make control yourself when is your limit already always set a plan if you have a lot of money to wage and do not interfere with the amount go for the endless game but if not make a plan.

still down for me. Two players have made it in to wager but have not used to chat box to explain how. No contact from Admin

does anyone thinks they finally snap?  seem very surprising because they didn't show telltale sign.