I am pretty sure that they are not just relying on the casino's that they have. Casinos are very big business that provides very huge profits to them. Whenever in case they need to let go of the business, they have assets to control and make profits. So far, cryptocurrency betting platforms seems very safe from regulations that might lead them to shut their business down. Casino is their business and they earn huge amount of profit from it. Casino owner always try to make his casino famous among all gamblers so they will join and be part of them. Casino owner always think about profit for this they introduce new techniques of gaming and betting, i think for crypto betting people gets more safety alliances. Like any other business, casino also sustains on the number of customers it can grab. The owners of casino need gamblers who will come and play with their money. However, unlike any other business, gambling does not always reward with money or winnings. This is what players should keep in their mind. The money they lose so easily becomes property of the house. It is painful to see people risking bitcoin and other cryptos here. |
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If we really want a full growth in price for bitcoin, we all need to start accepting it for payment, there is need for it to be integrated in our payment life, and we need to have so many merchants that will also encourage people to use their bitcoin to buy things so that there can be demands for bitcoin which we know that it is demand that really controls the value of bitcoin.
People are more than happy to accept Bitcoin, but they aren't as happy to spend their coins, which I can't blame them for because it's far more rewarding to sit on your coins than to spend them. I'm sure that most people have had a situation at least once where they spent their coins to later see the price quadruple not long after.... those who have very likely won't be spending their coins again. Bitcoin being a store of value is where most of the value will come from. Gold is a store of value too, and that while the industrial demand for it has decreased a lot because of the high price. Spending bitcoin is not going to produce any beneficial results. We all are well aware of its potential and those who truly understand the future of bitcoin know how bright it is. It is the key to become a millionaire. There is no point in giving away such a potential and beneficial asset and that too during the dip. No matter how bad the situation gets, bitcoin always finds way to get out of that trouble. |
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Thread in the meta section was about poor posting, right? It's not about problem gamblers here, but more about the signature campaign participants. I agree that campaign participants should be able to choose what section they can contribute the most. The five posts requirement in Gambling is easy actually if you are an experienced gambler, but, some of us here is a beginner.
As for the gambling addiction and whatever else, I think most of us already understand that it's about the game and not the profit. We just have to keep an eye for those who said otherwise.
we already understand those common issues or problems that a gambler can face but the main problem here is that its hard to apply in one self or idk what if gambler are only hard headed because if they are arent then we shouldnt hear the same question/concern again and again . poor posting is normal on this forum or in this gambling section but there are always an ignore button to ignore those bad posters and there are also active mods that patrols around the forum . In my opinion, the only way to make someone change his path and correct his direction is by walking few steps with him and know what is in his mind. You can never help someone unless you truly understand him. Gamblers that hold the opinion that they can make money with gambling must be made realize that they have potential to do better and productive things and should not waste them in such games. |
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 When someone want to be rich they can't make it possible by working 10 to 5 everyday,so what are the things we have to do to make ourselves rich at the right age. We need to have more income sources like four or five different fields to ensure our constant earnings even if one or two things get us into losses temporarily.Make your investment as early as you can then only you can start making money and remember to save it. Doesn't matter the method that you gonna use to get rich, as long as what you do it is ethic, moral and makes difference for the society. What does matter is how much productive you gonna be with your method. Each one use different methods to get rich, there's ones that work hard and centralize activity, there's ones that work very well developing a good team. The question is: How much productive do you are? And how can you get more of this productivity? Every person have different method how to be rich person, I think not only have two way how to be rich person but many way use by other become richest person, I think your way is right but we can looking other way have easy become richest person with investing kinds, now we have adopt with side job to be rich person. The picture above says that there is no need to work hard? to get rich? that's obviously very wrong! Indeed, there are many ways to be successful, but hard work is one important thing !, if some people say it's not important, then they are mistaken, there are many successful people starting with working hard! I also hold the opinion that you need to work hard in order to achieve something big in life. Those who are among the richest, they played the right game at the right time. It is not like there were no efforts at all. They played smart when else were slumbering. Time is a big factor. Having the guts to do something that no one else is also not a common trait. And nothing can replace fruits that are produced by efforts. |
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The problem with fully Electronic Banks is that the digital signs in them must be carefully checked to ensure that money is provided by physical referents.
Otherwise we can have an unlimited number of electronic signs, the additional issue of which will lead to wildly rising inflation.
Which in turn can lead to a strong depreciation of this money. In other words, such banks will need to be carefully regulated.
Every problem has a solution and every aspect will be improved with time. No doubt we are moving towards the era of pure digital world. That time is not far away when technology will be used by humans to accomplish even little tasks of their lives. May be there wont be any banks and with the introduction of bitcoin, which is definitely not having any bank, we really don’t need banks. |
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2021 will be the year of BTC. 2020 we will test the 20k level but will get rejected. Many people that bought BTC in 2013 bull run for 1k, waited almost 2 years hoping it will go parabolic but once it reached 1k they were certain BTC will crash. So, they sell all the SATS. I do think the market has matured but I feel in BTC it takes just a few percent of weak hands to make the market move downward.
A lot of the people that bought at 15k and up will liquidate at 20k and once we get rid of the last weak hands we will start to move up and up so you better hold on to your butts!
The year 2020 will be the year of recovery and I agree that 2021 will be the best year again. We have to have some time before we finally see bitcoin to fully recover. If you are trap on top with bitcoin and nothing to worry about, just know how to deal with time and your patience because it will be more rocky road before to reach the top again. That's right, I also got some information from investors, 2020 will start bitcoin move maybe above $ 9500 and after that it will halving and I'm sure this is definitely a tremendous increase, but we have to wait for the right time, whether 2021 will be like 2017? I hope so that this will happen. We have been looking at this dip for long and it is also confirmed that bitcoin or digital market are not bubbles. In this case, the only situation we are left with is that bitcoin and altcoins will rise up. Bitcoin will gain good value in coming year. However, I also do not think that dips are depressing for bitcoin traders. Because bitcoin keeps on fluctuating giving the opportunity to make money all the time. |
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To kickstart crypto 2019 I decided to make a Bitcoin mini documentary: https://youtu.be/WgxD5DmS6z8Things I talked about: 1. Bitcoin's intrinsic value 2. How it could help underdeveloped countries 3. How it could help developed countries 4. Censorship Now I wanna ask your opinions on my main point which is: "Bitcoin's intrinsic value is the amalgamation of the platform, its users, and its development." Now I know some other more famous crypto influencers have mentioned things like decentralization, cost of production, etc., but I think those things are a means to an end and not the endgoal themselves. Like decentralization is for the purpose of censorship resistance and fraud prevention. So you I wanna know your opinions guys. Agree or disagree doesn't matter as long as you explain your point. https://youtu.be/WgxD5DmS6z8Bitcoin is not over until several year later, I trust with bitcoin become very good investment for the future with higher price. When bitcoin down we can invest again and sell after bitcoin up, not have to worried when some time bitcoin at lower price because give us chance to get much money with re investing and use other way how to get profit with bitcoin and altcoin investment. Bitcoin is not over and it never will. Why do people think that bitcoin will leave us in future when future belongs to technology. In a world here every thing will become digital, it will be the king of currencies. It is still in its childhood and has produced millionaires in this world. Fluctuating with time is indeed a good feature as it gives investors to gain benefit by selling and buying at right times. |
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It is possible that Bitcoin may well return to 20k, but your main question is when? Probably soon, take a look at the current price of Bitcoin, it is in the region of $ 8000,
the last time Bitcoin made a breakthrough from $ 3000 to $ 13000 at the peak, so next time if the starting point remains at $ 8000, we can easily see the mark of $ 22000…
Back is not an exact and suitable word for bitcoin because from the past, bitcoin still could not conquer the $20k mark, so we should not think about when bitcoin will return to that price level, the question here is when bitcoin will reach that price, and in my mind, bitcoin does not have many favorable conditions for breaking through to that price level. Agree that in recent times, the price has returned $13k as you said but not sustained for too long, the accident once again covered, Bitcoin's price has always been manipulated too much, a trend of record breaking is unlikely If bitcoin can do it once, it can do that again. If bitcoin has touched 20k dollars in the past then reaching that level again is nothing but just a matter of time. I think it is best way to separate the loyal investors and the greedy ones who just came by hearing few news and invested without really searching about it. Bitcoin will be far above 20k dollars. Also, if bitcoin will stay in pump for long, new investors wont be able to join. |
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if you say the risk is high and the results are great it seems like gambling, whereas trading can always provide very much profit if you trade on bitcoin, whereas if you trade on altcoin it seems that it will only make you lose because you cannot guarantee profit because few use altcoin.
Don't consider this as gambling, because they're totally different even though the price fluctuates badly when value became so cheap. Cryptocurrency is risky due to its decentralized character which is volatile in market movement. It changes quickly, depending on what trend, it could be upward or downward surges. So if you're facing bigger risk, I think you'll be be able to acquire much secure trading gains if price increase with a consistent value. One reason behind the fame of bitcoin and altcoins is their decentralized nature and volatility. It is all because of the volatile nature that people like Eric were able to become millionaire by investing few dollars in these potential coins at right time. Gambling is far different rather opposite to them. In my honest opinion, bitcoin investment does not include any sort of risk. It is the simplest way to become rich. |
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Under your statement, you can draw a line and write one word "experience".
Due to the lack of experience in such a young market as a cryptocurrency, we understand our mistakes post factum, we only recognize them after a lapse of time.
More than once I came across the mistake of greed, buying a coin in the midst of its growth and then losing everything, fearing to fix the losses due to my greed and fear.
Thus, for one price pump, I fell into the trap of greed and the trap of fear. Fear of loss. All this for one simple reason - lack of knowledge.
I think most of the times, people do blunder due to lack f knowledge. Mostly investors invest due to the hype there is of digital market. Now bitcoin has produced millionaire and indeed everyone wants to become rich so they simply either choose bitcoin or some altcoin that is available at lower rate. Whenever, there is a dip or the falls stay longer than many can tolerate, panic selling takes place at large scale. |
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Until now no one knows for sure who Satoshi Nakamoto? but I don't think that's the government. because most governments reject bitcoin. and also because bitcoin is decentralized cannot be controlled. I think all governments do not like anything that cannot be controlled. so in my opinion satoshi is not the government. This Satoshi Nakamoto may be a person or group of people. who want to find solutions to the global economic crisis that occurred in 2008.
I am also not of the opinion that satoshi nakamoto is someone from government or it was a trick played by some group of governments to introduce bitcoin by using a name. Even if it was the case then what would be the possible countries. Indeed, those who are advanced ones like America, China, Germany etc. Bitcoin is not owned by anyone. It is for everyone and governments highly desire to take over it. |
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Ethereum is the only bitcoin which shows direct effects of bitcoin pumps and dumps on altcoins. Bitcoin is soon going to rule whole world and those who will be holding bitcoin by then are going to be new rich people of the world. They are going to control economics of the world in their own way. Eth is no matter a great altcoin but is also going to be dependent on bitcoin. |
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Banks will continue to exist because it has the full backing and support of the governments. However, the Banks will have to undergo a revolutionary change where it will integrate Blockchain and cryptocurrency services into its services in order to meet the expectations of clients some few years to come as the adoption of crypto gradually sweeps its way into the homes of people.
Banks are never going to change their purpose and their goals, whatever they do is only going to be an attempt to keep themselves relevant in the revolution that will come through bitcoin and the blockchain, but make no mistake they have no intention of changing more than it is necessary to remain in power. If they could somehow destroy bitcoin you can be sure that they will do it, it is only because they can't that they are willing to adapt. Banks have been there for centuries and they have served the purpose of protecting people money. What bitcoin is there also doing so but the profit rate offered by banks were and still are very minute but in the case of bitcoin, it is awfully great. The investment in bitcoin gives you independence whereas banks make you there servants. |
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You have a point probably the US doesn't support 100% the cryptocurrency especially Bitcoin simply because they want that USD to be number 1 currency in the world but through the existence of bitcoin it all changed. Bitcoin caught the attention of the mass through some extraordinary factors that USD doesn't have like a high volatility rate that is perfect asset for trading and investment. Bitcoin could give a certain country with better Economic status once they acknowledge it.
I have a silly thought, if bitcoin originated in America, I'm sure the whole world now uses bitcoin. I think this is just a matter of recognition for America as a superpower in this world.Hopefully in the future bitcoin can really become a currency that can be used by everyone in this world.Because blockchain technology has now begun to be used everywhere. USA is just not joining bitcoin explicitly but many organizations in the world based in or originated from united states of America are either curious about bitcoin or are involved with it. Of course, if it was some currency introduced by America, definitely being the super power, she must have tried to make every other country to use it and promote it. |
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I don't think altcoins will ever be able to over Bitcoin dominance. Bitcoin simply has mass adoption levels that no altcoin can ever rival. When people say cryptocurrency, bitcoin is actually the first thing that comes to mind.
It's not a thing to worry or concern oneself about tho, bitcoin dominance is not an enemy.
Looking at the technology off bitcoin, it is so solidly built that it will take another bitcoin to displace it, so what I am saying is that for life, bitcoin will never lose dominance, another way is if government can act like satoshi and then create a pure decentralized coin like that of bitcoin, if they can create a pure decentralized coin, then there will be chance of bitcoin loosing dominance to altcoins, but for now, altcoins are not really so encouraging. When IEO was first introduced, I thought that it would balance situation of things and make altcoins industries starts to increase once again, but IEO too is more or less just operating like ICO as their coins are being dumped also, so I really don’t know what will make the dominance of bitcoin to give up to altcoins. Bitcoin will always remain the father of all crypto currencies and no one can ever replace it because of the way it has facilitated people with numerous profits off and on. Bitcoin is going to soon recover its price and I am sure everybody is desperately waiting for huge pump now. Government has to devise their own currency as you said to beat bitcoin. |
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ETH vs ADA
which do you prefer and why? Team, tokenomics etc.
Currently I hold ADA, but I'm dissapointed at the way the team has been handling everything. Combine that w ETH releasing their PoS and the potential of institutional $ rolling in to the blue chips (btc eth) I'm thinking of selling all my ADA for ETH. Really interested to hear your guys' perspectives
Looking for the best roi obv.
I prefer ETH for coins other than Bitcoin. Because ETH has good potential. Another reason is that the use of ETH to buy ICO or IEO coins is much more than ADA, so it has the potential to increase prices. Bitcoin and ethereum are the only two crypto currencies that have great reputation around the world and have good history of generating nice profits. We have been introduced to many crypto currency projects after these two and many of them died within no time. I am sure that all bitcoin holders to some extent do hold ethereum as well. |
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As long as people believe in the prospects of cryptocurrency, it will not go to zero, as it is constantly being invested by new investors, and blockchain technology itself is very promising
On the daily basis, there are news in market about companies and countries showing great interest in crypto currencies and I believe with development in technology, crypto currencies are becoming common around the world. People are not going to give up on these currencies since they are giving them good control over money. |
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I also saw the news when this happened. This is only for Bangladesh. There are no offline casinos in Bangladesh. Even though an offline casino was developed, the government has banned it. The government has set up and banned online casino websites but they still play with VPN.
Gamblers can never leave gambling like people can never stop breathing. Not only Bangladesh is in the one which is doing such type of acts on the action of a government but there is a huge list present of such countries. Government alone can never her people to stop gambling, she just can do is to make people aware of the consequences of gambling in the later part of their lives. |
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You have a gret point of view, I'm in this "game" for 3 years, and I learnt a lot during these years and we have same opinions, the prediction of price is just a fun game, but we have to accumulate as much BTC as we can to be in a good position in the future, maybe BTC can crash, it's something we have to know, but we could look this price of 8k USD as a bargain if BTC reach 50k, or something more for example
You have been in this game for almost three years and still you are saying that we have to take this thing under observation that when will be bitcoin crashing. For all I know is that bitcoin is not going to crash or come to ground like a home of cards because bitcoin are famous enough in the world of marketing as well as other fields and one thing that is famous always has less chances to come to ground. |
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In fact, Africa can become very good for the development of the crypto industry, especially if such industries as Energy, Health, Law, Finance, Construction will use blockchain technology in their activities.
This will reduce costs and eradicate corruption, which is crucial for Africa.
If there are such good places present in Africa where electricity is present, then I think there will be no problem in the spreading of Bitcoin throughout the area of Africa. Crypto currencies are not that much difficult to use and that is the only reason for which we can say that crypto currencies can be used in Africa also. If internet is available to them like you sad earlier, then I think they will very well familiar with crypto currencies. |
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