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2501  Economy / Gambling / Re: Gamdom.com - 3 Million+ users - Jackpots, Rains - unique games modes on: February 05, 2022, 12:59:46 PM
I tried to access Gamdom a few times in the past but always get the notifications that it's not allowed in my region. Are there any plans to go into the German Market any time soon? Almost any language is being displayed on Gamdom, just not German. Feeling a bit excluded Wink. There might be some different regulatory requirements, never thought that Germany would be a problem for online casinos.
2502  Bitcoin / Bitcoin Discussion / Re: Bitcoin theft and mobile phone on: February 05, 2022, 12:53:08 PM
What a sad story. I know storing 400,000 USD in a mobile wallet is a big security risk and the dad should have known better, but I still feel for his loss, its terrible. I am using a mobile wallet myself because its so convenient. The wallet is of course only for small amounts. Everything below 100 USD I try to do with my mobile wallet. It's very fast to pay things online. The security is a big issue, as soon as there is more than 100 USD on it I will transfer the coins to a more secure wallet. When having more thab 100,000 in crypto currencies, buying a secure hardware wallet makes no real difference. And for any funds below a paper wallet seems the most secure to me.
2503  Economy / Trading Discussion / Re: I want your happiness. on: February 05, 2022, 12:32:59 PM
Sorry to hear that trading took your energy away. It's not a good sign if get tired quickly and feel bad looking at the market. It's good that you realised you need a break from it all. Trading and making money is no guarantee of success, just by investing a lot of time and capital. The current downwards trend hurt many of us here and let us reevaluate our positions. Gaining experience in trading is one thing, but we also need to be realistic in our abilities. Becoming rich overnight through crypto currencies is just not possible for most of us. We can still go down the long road, eventually we are going to make it. Take a break from trading my friend and recover, remember the lessons learned and try to come back to us in a few months when you feel better.
2504  Economy / Gambling discussion / Re: What are the most important features of an online crypto casino? on: February 05, 2022, 12:25:20 PM
Looking at the many answers again from the pool it seems that more than 50% want a good customer support that resolves complaints quickly. Didn't expect that number to be so high. It's not a bad thing, everybody wants that his complaints get addressed quicky and a quick access to ehe customer support team. I just thought that people find quick payouts and large bonuses more important. I know from experience that waiting days for an answer from the support team can be frustrating, but having a big support team on standby 24/7 is also expensive. The money saved for paying wages for the support staff could be handed out to the gamblers through new bonuses. I guess it's a tradeoff for the casinos owners between employees and bonuses and promotions.
2505  Local / Deutsch (German) / Re: Wann werden "Bitcoin relevante" Quantencomputer existieren? on: February 04, 2022, 01:27:12 PM
Quantencomputer wird die Zukunft sein. Forschung und Industrie investieren jedes Jahr mehr in IT Infrastruktur und die Verbesserung von Rechenleistungen. Die Nachfrage steigt und das Angebot wird nachziehen. Es ist nur eine Frage der Zeit bis Quantencomputer überall eingesetzt werden. Ob es jetzt 2030 oder 2040 sein kann ich nicht sagen, aber es wird wahrscheinlich schneller gehen als gedacht. Man muß nur an die Supercomputer denken die ganze Räume ausgefüllt haben und 15 Jahre später hatten viele einen leistungsstarkeren Rechner zu Hause. Für die Industrie sind die Computer wichtig um die Automatisierung voranzutreiben, und die Forschung kann so mehr Daten aufeinmal analysieren. Auch in der Crypto Welt werden die Quantencomputer großen Einfluß haben. Vielleicht werden die vielen GPUs nicht mehr zum minen gebraucht und CPUs werden wieder wichtiger.
2506  Economy / Investor-based games / Re: The money method on: February 04, 2022, 01:09:42 PM
I don't really agree with your money method, it sounds nice just doesn't seem very realistic. Usually risk and making money goes together, without why risk there is no return. But you are saving the highest return comes with no risk. How is that possible? Nobody can really give away money for a longer period of time. If this really works than we would all be millionaires. I understand that advertising is important but we should always be open about the risks involved. Nothing in life is really for free. Also the minimum investment seems very high, maybe lower stakes would be better go give it a try.
2507  Economy / Economics / Re: No where is actually safe on: February 04, 2022, 12:17:00 PM

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses


You are right that there is no guarantee in crpyto currencies, but the same goes for businesses. Having your own business doesn't mean you are rich, it can be a big problem if it's failing and you are going into debt trying to save it. I think that almost all business owners can tell you they need to work harder than the average employee, need to invest more time, energy and nerves to keep it running. With crypto currencies we don't have such big problems. For me crypto coins, as almost any other thing in life, requires work to be successful. With out real effort is not going to work. Like you said, just buying a few coins and thinking we will become rich overnight is wrong and not realistic. In trading and investing we need to manage our expectations and not focus on greed.
2508  Economy / Gambling / Re: Top 5 Slots Games to Play in 2022 on: February 04, 2022, 11:55:40 AM
Thanks for the review on the slots games, I haven't heard about four from the five slot games on your list. The only one game I saw before is King Kong Cash. Might be because I am not so familiar with slot games, I like to play them from time to time but I never really check their names. And also I try to go for slot games where I get bonus spins, so the chance of hitting a jackpot is a little higher. What I saw from King Kong Cash is that it is really a good slot game, their return to player ratio of 95.8% is higher than in many other slot games. Also the reviews online seems quite good for the slot game, there are more than 100 positive reviews. Unfortunately when it comes to online reviews we never know how legit they are. Best it to just check out the game and make our own opinion.
2509  Economy / Gambling discussion / Re: About Snooker Game on: February 04, 2022, 11:09:28 AM
In my country we almost exclusively play pool, it's very hard to find a snooker table. Almost every decent bar has atleast one pool table. Since my childhood I like to play it and generally prefer pool because it's easier and has more colors. My uncle taught me the game and it was also the first time I started to gamble. We never gambled for money, only for things. So when I won I could get my favourite ice-cream or some chocolate. Later when growing up I did the same with my friends, we usually just play for beers, never really for money. There often snooker games on TV, it's cool to watch how good the professionals are playing. But I never thought about betting on those matches. Is it more easy to make money in snooker betting than in football betting? Maybe because there are less gamblers the chances are higher?
2510  Bitcoin / Bitcoin Discussion / Re: The difficulty of explaining Bitcoin to people is massive on: February 04, 2022, 10:24:30 AM
I have the same issue when talking to friends and family, it's very hard to explain crypto currencies to older people. Most of my friends or family have no financial background, they are not really into managing their own portfolios and just give the money to the bank and buy whatever they recommend. Without any previous knowledge I struggle to tell them what I am doing in particular and for them it seems like a waste or even scam. Especially my dad is very against cryptos and any form of online banking or trading. His stubbornness might came from age or its his nature. Its a bit funny because my uncle, his twin brother is very interested into Internet and new things. The best way to explain bitcoins I found is to start with a fixed amount of Internet money that records all transactions in a big book, which is held my many people around the world. So it can't be that one person just makes stuff up in his books, because all the other people wouldn't accept. I am trying to avoid the topic of mining because it makes everything so much more difficult for people with no previous knowledge.
2511  Economy / Services / Re: [OPEN] AllStarsBet101.com | Signature Campaign | Sr. Members+ ~ Up to $60/Week on: February 03, 2022, 06:52:39 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=854667
Rank: Sr. Member
Current post count (including this one): 4312
Bech32 Address: bc1ql7s2srtj7urgtvvq7ytqx04g8l84cfsr4q7drm
Earned merit in the last 120 days: 60
2512  Economy / Services / Re: [OPEN] Blackjack.fun Signature Campaign | Up to $80/wk | Rate Increase on: February 02, 2022, 06:39:19 AM
Your bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=854667
Your current posts count (including this one): 4311
Amounts of merits that you earned in the last 120 days: 50
Your blackjack.fun username: Mauser

Will change signature as soon as accepted

2513  Economy / Economics / Re: What If? on: January 31, 2022, 12:01:38 PM
We recently saw the USA is thinking about another sanction to Russia. We know this will take a negative impact on Russia's economy. But what if Russia ally like a chain, Iran and other countries stop accepting US dollars for import and export goods from other countries. We all know China has one of the biggest markets in the world and in 2020 USA imported $434.7 billion worth of goods from China. So what will happen if the Anti-USA countries agreed to this and stop accepting us dollars. Actually, I want to know is it possible for them to do that? What is your opinion about it?

In my opinion this is possible, but not very likely. It would mean the escalation of the currency war and be bad for international trade. It would likely mean negative impacts on all the big economies. You are right that many countries are against the dominate position of the US Dollar and would like to change that. The problem is that all the countries would need to agree on a new currency to settle all the international trade. Both China and Russia would probably only agree if their own currency becomes the new world currency to be used. As for the smaller countries like Iran, they would probably ask for some monetary benefits to be part in the new system. The US Dollar is losing power every year, but to completely replace it it seems to early. Maybe an independent crypto currency could be the solution and a compromise for all countries.
2514  Bitcoin / Bitcoin Discussion / Re: Fear is not Real. on: January 31, 2022, 09:22:23 AM
I am with you on this one, acting out of fear is general not a good idea. Fear same as greed, cloud our mind and let us act irrational. Both emotions should be avoided as much as possible as trader, because if we trade on them it is usually ends in overreactions. The bitcoin price right now already recovered a bit and is trading strong above the 30,000 USD. For all the panic sellers who sold their coins in fear it might be difficult to reenter the market. The next rally could be around the corner. That's why I am such  strong believer of HODL investing. Crypto currencies tend to move in cycles and if we commit to it, we will not fall into the trap to trade out of fear.
2515  Alternate cryptocurrencies / Altcoin Discussion / Re: Why alt coins don't go up with bitcoin as much they go down with it? on: January 30, 2022, 11:13:20 AM
Ok I really wanted to understand this behaviour of alt coins when recently during this crash many alt coins were double digits down with bitcoin but when it is recovering a lot of them are hardly even moving. And this is really issue with alt coins why is there such behaviour?

This generalisation for alt coins seems wrong to me. While on average across alt coins this could be true (not sure though), there definitely coins that outperform bitcoins in an upwards trend, and there are coins that outperform in a downwards trend. Maybe you were just unlucky with the alt coins you picked? There are some summaries here on the forum that show the top and worst coins performing for each month. If you had the right coins in your portfolio than the swings would be much lower compared to bitcoins. The difficulty is of course to find these coins in advance and not 1 month too late. Successful alt coin portfolios outperformed bitcoins almost every year.
2516  Economy / Trading Discussion / Re: Leverage Trading on: January 30, 2022, 10:56:45 AM
Reading through the comments here it seems that most people here think that leverage trading is bad for beginners and will very likely end in a collapse, whereas for experienced trader it's a good way to increase returns. I disagree with that, even the most experienced trader can get into trouble when using leverage. Knowledge and experience is no guarantee that our leveraged positions are going to be profitable and not blow up. For me leverage means to reduce the possible margin of error we can have in our trades. We basically move ourselves closer to the edge of a cliff, while having a chance for higher returns. I might be so critical because of bad experiences myself with leverage. With a traditional long position we can always sit out a drop in prices and make our money back eventually, with a leveraged position we will be forced to close our position or lose all the money.
2517  Bitcoin / Bitcoin Discussion / Re: 🚨#CryptoNews→ on: January 30, 2022, 10:27:49 AM
#LeBronJames is launching a #Bitcoin and crypto education program that will educate kids on #Cryptocurrencies.

What do you guys think?

I don't think that LeBron James is going to teach anything, sounds like more like a marketing campaign to make it interesting for kids. As a teenager crypto currencies might seem boring and nerdy, so teaming up with one of the coolest basketball stars is a good idea. It comes down to how relatable it is for kids. Having some old white guys in suits probably sends the wrong message and won't get many kids excited. In every big marketing campaign it takes a star that is easy reconsibile to link to the brand. I wonder how much money he gets paid for this.
2518  Economy / Speculation / Re: Good time to buy? on: January 30, 2022, 10:09:39 AM
Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

On my opinion it's a good time to buy right now. Prices are at a good level compared to last year for entering the market again. This is my opinion and nobody can give you a bulletproof answer here, even the best predictions can be wrong from time to time. It's good to ask yourself how much one Bitcoin is worth, for me it's close to 100,000 USD, that's why buying right now seems cheap to me. The dip we are in right now is not a crypto problem but rather a general problem across all financial securities. Also last year prices didn't go below 30,000 USD. I believe that barrier will hold this year too. The biggest risk would be another covid mutation coming out, or a war by Russia, China or USA, that could send prices much lower.
2519  Bitcoin / Bitcoin Discussion / Re: One Bitcoin on: January 30, 2022, 09:05:10 AM

Now that I have one Bitcoin, I need to cherish it. My next move will be transferring it from an exchange to a cold wallet (Ledger, perhaps?)

Looking forward to furthering my Bitcoin journey with you all on these forums.

Best.


Congratulations buddy, that is awesome. Owning 1 full bitcoin is also my goal for quite some time now, if I didn't have sold all my cryptos back in 2016 I would have reached my goal by now. Unfortunaley I wasn't in it for the long run back then and can't turn back time. Only thing I can do is learn from it and keep buying more bitcoins. Like you I would cherish my coin and save it. You should definitely transfer it away from the exchange. Some people here prefer paper wallets, other prefer hardware wallets. In case you have trouble deciding which one to use, you could just go for both and store 0.5 BTC on each type.
2520  Economy / Gambling discussion / Re: If football is Legal in most countries why is Gambling Prohibited on: January 29, 2022, 01:42:07 PM
Morally speaking some countries could feel the obligation to protect their citizens against the risk of gambling addictions. Even though only a very small percentage of gamblers actually become addicted it still presents a risk. Against this is the potential earnings for the government from taxes on gambling. I would argue that most countries allow gambling as it's a good tax income for the state. Then there are religious countries where gambling with money is not allowed. If the majority of a country following a religion that banned gambling it's nearly impossible for politicians to allow it. But even the strictest ban on gambling can't fully stop it. There will always be people trying get around it and create a blackmarket. For me football and betting belongs together, even if it's just a few bets among friends.
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