The corona virus outbreak and its consequence of lock-down and work-from-home will lead driving more traffic into online casinos. Already movie streaming services are reporting about congestion in their band with and I'm afraid that online casino also may experience the same kind of situation in coming days. At the same time we cannot underestimate the capability of long-running crypto gambling houses because they must be setting up enough servers to withstand against multi-fold of gamblers compared to what they are doing for years.
Anyhow, physical casinos must have been experiencing their tough time already. Only a complete cure for corona will open doors for them again. Some medical forecasting study indicates about survival of only one third of the world population but not sure what is going to happen. This is really time for praying to God to save all of us.
Of course online gambling will prosper at this time because many people have to stay at home. Some do because they are quaranteened and some do it of their own will because they fear infection. People get bored when they have to stay at home. They play computer games, watch tv, get drunk and gamble. Crypto gambling won't be affected as much as fiat gambling because there's avery limited number of people who own cryptocurrencies. |
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The world should be thanking China for slowing the spread and giving an early model for how to effectively slow the spread. The western media should be apologizing for smearing the Chinese government for taking immediate action that saved millions of lives.
Next time someone throws a molotov through your window and then comes in and helps you and your family get outside before you all burn to death, don't forget to thank him. The Chinese government should first explain from which lab did this virus escape and why they were experimenting with SARS. Were they trying to make a vaccine? Was this a containment breach? There's no denying that it came from their Wuhan province which is situated deep in the mainland. |
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After recent dump is it still safe to hodl on to our existing bitcoin or convert it to USDT? I have just converted my bitcoin into USDT and I will be monitoring the market closely with multiple reminders to buy back when the value starts increasing so that I don't use my existing balance and eventually buyback more than I have right now? How many of you agree with my idea? Kindly share your suggestions.
Great idea, you made the right choice.  You've converted independent money that nobody can take from you (Bitcoin) into worthless fake USDt that isn't even backed 1:1 by USD but is trying to make people think that it is. You have effectively changed digital gold to an IOU and on top of that you did it after a major dump orchestrated by Bitmex and some other leveraged trading exchanges. |
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Read about their central bank that stated they cannot ban crypto because it's impossible.
The only thing they want to do is ban financial institutions from providing exchange services. A similar ban is functioning in China and people are still mining and transacting in private there. This ban doesnt change much for crypto and for crypto holders in Russia. They will still be able to use exchanges and exchange BTC to foreign currencies.
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Crypto is not immune to panic and it works just like the finances and stocks. Today the S&P500 spiked up and so did Bitcoin. Don't cremate! Build a new soap factory! We need to keep hands clean for Corona. |
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I like Willy but he is usually bullish. He often shares his prediction on Tone's channel and Tone is a bit too bearish for my taste while Willy is like that breath of fresh air in every bear market  I hope he's right. There's not many things that I'd like to see more than Bitcoin back at 20 thousand. Let's wait and see what happens. If you don't have any Bitcoins just get some. Even a small amount like 100 dollars worth. At least you'll be able to say you bought at the right time if things turn out the way they should. |
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Bitcoin will never ever ever EVER be doomed. It is our future currency! If you ask me, all this mixed corona madness is only going to help bitcoin be discovered by more users since they will be home bored searching the web.
I also think that in the long run it will come on top. Panic is unpredictable and people aren't thinking about investing but about cash at hand. You can see them dumping stocks and silver as well. I heard that Trump might shut down the stock market. It's just a rumor but it can happen. Bitcoin is only reflecting the general situation on the global markets that's all. |
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I'm totally ready for the halving. Even getting more coins every time we dip below 6000 dollars. Most likely the target is 15 thousand by the end of the year. Very probable that we'll hit 20 thousand again in 2021 due to US crazy money printing. I've read a lot of batsh!t insane and absolutely delusional posts here, but his arent one of those.
Even a halwit can see that you are a troll. Probably even an alt of OP. Shame on you. |
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I don't feel bullish anymore after seeing the high rate of Bitcoin volatility, therefore 6200$ is not a bullish zone! The world's economic ecosystem is passing a rough time, not just crypto. There is no sign of Coronavirus gone out, so, the crypto market will remain in bear zone more days, as there is no good news in the crypto market. So, To be honest, I am prepared for a high drop, I think if another dump comes, then the bear will hit the 3500-3000 USD zone!
And that's exactly where we should be in a real correction. When people who sit on a Bitcoin forum start to capitulate and lose faith in levels that are well priced and still profitable for miners like 6000 and 5000 you know it's the real shakeout. Put yourself in a position of a new investor who always wanted to buy and has fiat at hand. He hears about quantitative easing and rate cuts and he doesn't feel safe being 100% in fiat. Bitcoin goes down 50% from its 2020 high price and he will buy. Smart people are getting more now when you are capitulating. This is how it work, we can't all be rich. |
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Still the Bitcoin market is not touch the low becasue as we see the market this time it is so much difficult to understand it and may be in future market is touch the low at 3k or 2700$ this time becasue still all the world in crisis and thats why the market are crash and going down regularly.
It has touched the low for 2020. It's actually the lowest since Spring of 2019. Isn't that a low? To me it is. There's no rule that it has to retest the 3k low. If that's the low you're looking for then why not choose a bigger timeframe and wait for a 1000 dollar low or maybe the low from 2016 where we were at 300 dollars? If we stay above 4000 dollars it will be a higher low from where we were a year ago which is great. If we go below 3000 and stay there it's going to be very bad for mining and the whole industry especially if it happens after the halving. I think that we'll go up from here. |
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Personally, my family plays video games, specifically on the Playstation, where we play Crash Team Racing and we race and the last place would take a shot, this could be a different thing at stake, so it could still be considered as Gambling, IMO.
That's a bad game because I love to drink so at some point I'd try to lose to finally be able to take a shot Yes everything can be gambling but there's innocent, positive gambling, like when you race bikes with your friends to the store and whoever gets there first doesn't pay for his ice cream or something like that. There also can be serious gambling where you put your valuables on the line. Some people bet their cars in poker games. That's crazy if you ask me. |
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30000 NGN? Isn't that just 80 dollars? Don't worry about it OP it's not something you cannot earn again.
If it was 80 thousand dollars you'd have a problem but 80 dollars? Please!
I have no problems sleeping but everything that stresses you can cause sleep disorders. Stay calm, work out, don't forget to eat and you'll be fine.
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It is heart breaking to see how Italians mourn caused by this pandemic, their suffering is way lot more of what we have here in my country. We just have here a 300+ cases of the coronavirus, not even a single percent from the total number of their cases, almost 60,000 with deaths of nearly 6000 people. Where is the European Union? It supposed to be their back end on this pandemic but it seems inactive unlike the treatys of other countries. Italy now is the new epicenter of the pandemic. In addition to that bad news is Croatia has been hit by an earthquake with various country in Europe. Let's pray for this season and let the world achieve peace again  I've checked it and it seems legit enough for me,just be careful on clicking links. I really wanted to help in any way possible but I just can't for some reason. But let's ask the question the media don't want to ask. Why it is that Italians are suffering so much and other EU countries are not. Are they more vulnerable for some reason? No. It's because of the policies. They did not want to shut down restaurants and cinemas and did not want to close their borders until it was too late. They also have a lot of elderly people who are more vulnerable. |
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Fine I will do it.  The problem with investments is that the value of fiat doesn't move much in the short term so in a crisis situation you will not be able to withdraw most of your fiat money but their value will remain the same. You will be able to withdraw cryptocurrencies but won't be able to buy much because stores will still accept fiat that you cannot withdraw. If crisis hits you're still in deep shit with crypto or with fiat. |
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I don't care much for the virus and it doesn't worry me at all. None of the people I know are sick. Also there's summertime comming. I've never heard of anyone who got sick with a flu in summer. We all know that those viruses can't survive the heat.
So to answer the question, once the quarantine tiome is over and casinos and other places of entertainment like cinemas open I'll go back to my normal life and will not avoid them.
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OP your mistake was buying and holding in the bear market or the peak of 2017 bull market. Holding works great but you have to buy in the bear market and wait for bull to sell.
3-6000 would be a great level to buy Bitcoin and probably most big altcoins. Buying shitcoins will get you nowhere both bull or bear because the market doesn't matter for them. They just get pumped from time to time. If you catch it great. If not you'll lose in the long run.
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Didn't watch the video but the reason is basic and valid and without the technical jargon the value of btc comes from us being ready to pay whatever price is there leading to demand and retaining it's value in the process.
Why? are you that lazy? I hate TLDR people. Too long to read/watch but not too long to comment? I wish that it can achieve this economic independence but for now we're still far from it (depending on stocks, government policies, fiat prices, the Internet). |
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I invite strangers to play in casinos by participating in a sig campaign.
If that doesn't count I don't really invite people to casinos. When there's a promo or you can get some deposit bonuses or money to play, I tell my friends about it but that's it. People who play in casinos will naturally go online, especially now when you can be quaranteened and have a lot of free time. We don't really have to invite people there for them to come at their own will.
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2. Be comfortable on the place - you don't need to get panic while playing, being panic because if thinking that authorities may enter the casino and will arrest you. That is impossible because some casino buildings are legal and have legal paper. So do not panic because it will affect you while playing.
3. Know what games you should play - that is really important, you should play only on those game on which you know that you can win the game, actually, you should choose the game that requires skills and techniques to win.
2 is completely irrelevant. An illegal casino where the police can arrest you will not be a casino in the first place. It will be a shithole hidden in a basement. I can't imagine someone building a nice casino just to have it closed down in a month because he failed to do the paperwork. All casinos these days are legal. If they are illegal they simply get shut down instantly. 3 is also strange. Only skill games? So no roulette? This is one of the most popular games in real casinos because it's very easy to play and win. |
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I see this news: https://cointelegraph.com/news/italian-bank-opens-bitcoin-trading-to-12-million-during-lockdownSpecially that Italy is one of the hardest if not the hardest country to be hit with the cover-19 virus, it make sense for most of them to used crypto. However, I'm reading that there is some catch, specially with fees and you need to be a Hype customer. I just do hope that there are more stores in Italy that will accept bitcoin as payment, but if the country is in a lockdown, I don't know how will they purchase goods in order to survived in this crisis. It's the most obvious way. Bitcoin is well known and has an established market position so why not turn to to it for help when you cannot use cash and at the same time want to decrease the number of fiat transactions so that online banking doesn't get laggy like netflix and youtube. I hear there's a problem with the Internet connection in some parts of Europe bacause too many people stay at home watching streaming services. You can make all people suddenly stop using cash and switch to online banking because the platforms are not ready for it. |
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