Yeah, I sent a transaction 2 weeks back and it costed me $0.35 (0.00003612) for a $250 transaction which is almost 0.1% of the amount and confirmation took 5 minutes
Transaction fees are pretty low these days, but how do these things happen? Let me remind you guys that people are holding rather than spending and trading because of so much speculation this year as bitcoin halving is awaited by many. Confirmed transactions today are 292, XXX almost 2x of the highest in 2017 which was at 450,XXX. The congestion really affects it that's why we have low fees now. while earlier had to pay minimum $5 in Nov 2019 while 2017 was expensive where each transaction had to have $10 fee attached. It's cheaper than ETH transactions.
Lol. I even paid around $20 back in 2017 for a small scale transaction and that was really really embarrassing for me. But do not celebrate yet, I think the worst and higher is yet to come. |
|
|
|
I tried to use that bot before but it doesn't have good effect in my trading portfolio. I already stopped using it and I will only rely on my own decisions. The reason why I decide to use trading bots before is because of my poor time management where I only allocating few hours everyday in trading. But now my focus is trading and that is why it is better if I will decide on my own than to use trading bots.
I believe that for a professional trailer that devotes all its time to trading, the use of trading bots is inappropriate, since the results will be worse in any case than with personal activities. But I believe that a trading bot is very useful for a beginner, since beginners do not have experience in trading, and most importantly, this is the correct analysis of the right coin and the market in general. And the trading bot has in its software all the necessary knowledge that a beginner does not have. In my own point of view, using trading bots is not really that appropriate. The use of trading bots is not that accurate when it comes for making your trades successful because it is only a guide for beginners on how they will start to trade, that is why trading manually is still the best solution when it comes for making your trades successful pr profitable. Tradebots aren't really well suited as of the moment even if many people suggest they're really good for bullish markets. I've used GunBot once and it didn't work for me well. So it's really based on how you strategize your investment, if you use a powerful bot but at the same time is not inclined towards your investment stratedy you wouldn't get that much profits as compared to just trading using your own manpower. Bots still need supervision and unlike risk monitors most of them don't know what to do when there's a dump. It would still depend on you entirely if you wanted to use bots for trading but as much as you can refrain from using them. |
|
|
|
I can't even imagine to think what could potentially happen if one day bitcoin could be used in retail sales in USA. Think about one day wallmart or places like that start to accept bitcoin as a payment, that would be INSANE for all of us. Suddenly you are in every single city of the huge nation USA, that would be really increasing both adoption but also price of bitcoin.
Look at even the slightles 1000 in 1 increase and how much it affects the share prices of the market companies, suddenly that slight increase is given to bitcoin and you have yourself a 100k bitcoin in just days all thanks to retail accepting crypto payments as well. I can't imagine how high we can get with such support if that were to happen one day, its endless and continues forever.
It definitely would be awesome for us bitcoin investors, but it is highly likely bad for the people who haven't got any bitcoin on them as they will be left out in this new economic scheme. To add even more to the problem bitcoin adoption could affect US dollar's price which is the main standard of coins we have in the world, if dollar depletes, There's no telling what will happen to the fiat world. So unless we help them get some bitcoins now while it's still not too late we can't pretty much do anything for them once the adoption comes. And the more people that are using bitcoin now, the higher the chances of bitcoin being adopted as a currency so we would really need to expand our horizons in order to help bitcoin get where it's supposed to be. |
|
|
|
IIRC, there was a gaming program that secretly did this without their user knowledge and everything came clean after some users tried to investigate further. Some of this virus err on the side of caution and usually only mine when they do not detect any keystroke after sometime and if the user isn't observant, they would just assume that the program naturally uses a significant part of their GPU and it isn't something to worry about.
Yep. Just with some viruses and malware in general, a significant part of it is convincing the device owner that nothing is wrong with their device hence why we have them applying sneaky maneuvers to hopefully mine a good amount of coins before the device owner finds out about the miner or until the device owner does a clean OS format. Not sure how much mining viruses does it in sneaky manners though, as far as I know most mining viruses are still CoinHive Monero mining scripts. And unfortunately some of the most prominent adblocks, firewalls, and antiviruses out there don't really help on preventing them or keeping these viruses at bay. At this day and age where computer viruses become more and more advanced, the antivirus programs we currently have might not be sufficient to support and fend them off. So the only feasible way to keep yourself from being a victim is to become more keen and observant. Investigate if you feel like there's something wrong going on with your computer, and before anything else, always do some vouching and background check to the rig seller you're transacting with. That helps a lot. |
|
|
|
We all dream at this at some point, ain't we ? But the truth is that this goal is very hard to achieve trough gambling but yea who knows , instead of playing at lottery its better to roll the dice or have a sports bet I can give you this. If you are the gambler who is playing at high odds (300+) at some point the luck will hit. Besides all of this , depends how much money are you rolling into this and how much are you willing to lose until you gain or stop-win situation ?
Two of the most feasible ways you can get successful at gambling is if you either got famous for it, or you won a big sum. You have to at least get one or the other in order to prevail, but it in itself is already a hard feat to perform. Number one, you wont always win no matter how good you are at your particular game. Numbwr 2 if you're good at it, chances are there will be people like you who are also good at the game you're playing. So the chances balances out for everyone, if not tipped to the best player. And third, you rarely get famous for gambling. Most casinos and lottery owners keep the identity of their winners per se or their really good players for security purposes. It's for your welfare, but it impedes to your success in a way. So it is possible to become successful. It's just hard to become well-known at gambling. |
|
|
|
I have read this article: Youth gambling problems: a public health perspective I consider it important for gamblers, Gambling addiction greatly contributes to drug and alcohol abuse and theft. Joining a casino makes you lose a lot of money and smoke a lot of cigarettes and wine, This, of course, will pose a major threat to your health!!! Can crypto really give solutions to gambling addicts? -Eliminate drug and alcohol addiction. -Get rid of bad habits like theft. -Reducing the risk ratio..... 😉Did joining gambling make you addicted to drugs and drink?!! There are times wherein gambling and drug addiction becomes correlated to each other since there are instances wherein it feels good to commit both at the same time. I find it more dangerous whenever such things occurs since drug addiction pushes you to decisions that you will definitely regret later on since it is less intellectual. In my case, I do not collaborate gambling to vices cause I know it can affect my decision making. It's a strategy actually and somehow it helps become smarter with your decisions in gambling. Gambling also indirectly causes health problems especially if you are gambling in an establishment like a casino or a betting rig. Most of the time you'll encounter smokers that could inflict you with second-hand smoking. Drinking is inevitable while gambling as it helps soothe you up when you are getting too salty. So gambling and smoking are indirectly correlated along with drinking. And they pretty much can't do anything about it because the business of a casino happens inside of the casino, things might get messed up for them if they require smokers to light a cigarette in a smoking area as they will not be able to tend to their bets and posts. So until gambling den owners find a way to utilize technology for this, I don't see gambling and vices getting separated anytime soon. |
|
|
|
Most people are afraid to sacrifice jobs to do full time trading, because they don't want to lose both and are very risky.
and indeed if you really want to become a profitable trader, you must have full time in trading without involving work and other thoughts besides focusing on trading and to produce maximum results.
One thing that could be holding people back from leaving their Nine to Five work is the fact that they have little to no knowledge about trading. They doubt themselves thinking that they won't go far and depend on the next feasible way to earn money which is through employment. Everyone here believes that there is much more in life than your cubicle at work but not everyone had the balls to leave it. I once belong to that group of people and I can understand, the risk is just too high to drop your job for it. With employment you can ensure yourself for the day. But what these people don't remember is that tomorrow is just as important as today. They tend to forget about prudence and just let the tides decide. |
|
|
|
Goverments are always in search for money, specially free money so they use every opportunity to get to them and cryptocurrency makes no exception. It is sad the fact that even păaing taxes for crypto it is somehow considered iligal.
That's true, but it is not very easy to tax cryptocurrency. It is not a physical asset and exists only in digital form. So it is very easy for the users either to hide or manipulate the tax burden. Also, the decentralized nature of the cryptocurrency makes it vary hard to track down the users and identify them. And finally, a large part of the transactions take place outside the regulated exchanges, especially in peer-to-peer platforms. But I'm sure these people on thw government will find a way to tax cryptocurrency somehow. Moeny is their main leverage and wherever there is money you could see your government hoarding the crap out of it. So I believe that past the decentralized nature of cryptocurrencies and whatnots, they'd still find out a way to charge people for using it. Unless, we find out who Satoshi is, he can put up with this and say that cryptos are something that are of his creation and therefore are not government properties. But this is unlikely. So far though, we don't see any taxations happening yet to any country you guys are right now so let's just breathe in the free cryptocurrency air while it lasts. I don't see anything bad with being taxed too though. It's much better than having to deal with a ban you know. |
|
|
|
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$
yes, i might want to ask....! But what should I ask Google. What can be done with a 33% jump in goolge. Did we get anything about Bitcoin, I don't think so.This kind of thing is an internet phenomenon that is never separated, maybe you should update this topic again, until the end of 2020. Maybe Bitcoin will jump up sharply like 2017 has passed. So, you might be impressed. One of the famous and fastest search engine today is with the use of google that is supported with the Microsoft and now many people want to use this search engine to find some information with the use of cryptocurrency because most of the time when the bitcoin and other coin gains a lot of popularity and income they getting caught their attention and search about cryptocurrency and what are those related so they can try and invest. Base on the data showed came from the google that the bitcoin and other cryptocurrency-related topics commonly search because some of them just want to gather information about crypto-related and some of them want to know if the market price of the coin is profitable and lastly is what is bitcoin and cryptocurrency all about. But the point is, that these search result spikes rarely equate to anything good or profitable on bitcoin's end. Sure they become interested into bitcoin but you also have to take into account the amount of people that had really dove into the cryptocurrency industry after searching for bitcoin. That number is really low so ww can't really rely on search results to determine if bitcoin is blowing up or not. Or that's what happens at least with bitcoin. Now if this does equate to something, I highly believe this will just be like the bubble event in 2017 where as soon as people felt that the price won't go anywhere, they start to jump ship and withdraw their investments which greatly disrupted bitcoin's progress. That's why these search results rarely equate to something good or profitable for bitcoin. |
|
|
|
But in my opinion, this feature is still quite helpful and not too outdated. Instead of good enough to help add features on the site, especially surely players will also be interested in sites that have faucets.
Depends on the user, did they want to make a profit from the faucet using that amount for doing a gamble or just want to test the site. Honestly, faucet for chasing a profit with free money from faucet only receives 100-500 satoshi it's really impossible and wasting the time. The feature betting play with 0 satoshi would be more helping to a user who just wants to test the site, you can get an unlimited try from that feature instance waiting for faucet every 15-30 mins for each faucet. Tend to agree that faucet is good for testing the site not just for chasing money. The majority of gambling platforms now have a faucets feature, because through on this strategy by the gambling owner it will lure to gamblers to visit on their site. Totally wasting time if you are in gambling for only collecting faucet and gamble, there's also a minimum withdrawal in all gambling platforms. So, definitely wasting of time.
These are my criteria when choosing a platform to gamble.
1. Reputation of the platform.
2. Favorite games
3. Payment is fast and accurate
4. Fast and dedicated user support.
5. There is a large community where people can share experiences.
These are very important criteria in looking for a good gambling site and it also includes freebies and of course, the last one is provably fair gambling sites. You know the term provable fair has been overused by gambling sites just to describe their gambling machines. But anyone can just say that their site or their gambling machine works fair and square therefore is provably fair and we wouldn't know if it really is. Unless you do a background check on the site. The freebies won't help either as they could just be breadcrumbing you to stay on their site using the least effort they can make, which is sad. That being said, it is always important that you always double-check the legitimacy of the site you are in, that way you can't become victim to these hungry dogs. That's just my take on the case, been gambling for quite sometime now and so far using this simple trick I was able to ensure that I'm not being made a fool out of. |
|
|
|
Hi everybody!
I have an idea for a new type of Bitcoin lottery.
Instead of a lottery where the winner is chosen randomly, I would like to see a lottery where the player can build some strategy to try to win the pot.
The lottery can be called "prediction lottery", let's say there is a period of time, for example, 1 week, after that period 1 player will win the jackpot. Everybody can buy a ticket for a fixed price, for example, 0.001 BTC, instead of choosing some random numbers like in most lotteries, the player makes a prediction of how much the pot is going to be at the end of the period of time. The prediction that is most close to the jackpot value, wins the lottery. Because it is more difficult to predict the pot at the beginning of the round than at the last minute, we can introduce a more expensive price of the ticket for last-minute players.
What do you think? Would you like to play a lottery such as this? What improvements or variations do you suggest?
That is a bad idea. That can be gamed by someone who has a lot of bitcoin. Imagine you have a bunch of bitcoin all you have to do is guess the highest amount and make sure the pool gets that high using alt accounts to "buy tickets". And that's not a lottery there are those types of games and rounds everywhere I second this. And it does not even make it fairer that the late bettors will pay more expensive tickets. It does not matter especially for whales and big time bettors whether they will be spending bigger amount for as long as they have very high probability of winning. However, personally, I might still play this kind of lottery especially if the jackpot price is very big. And in order to pull this bettig game off perfectly ou would need to hide the amount of bettors that had already placed their entries. Otherwise people will just be able to predict the total amount of what is in the pot. This is something that bettors don't like as it doesn't promote fairness in the game. Moreover, if you are to push hiding the amount of players who have bet, it will go back to being an RNG gambling game which defeats the purpose in itself of this gane you are creating. So I don't see this game really surviving as there are many gambling sites who can do this better, so there's no niche you're hoping to fill in the market. And that is bad as it will saturate the industry. I |
|
|
|
There are a lot of factors that should be considering in order to lessen the risks in trading. First we must identify first what type of trader are we, are we passive trader or are we a active trader? By identifying that, we can knownwhat type of strategy that is applicable to use. Strategies of long term and short tern trader are not the same so it is better if we will know what type of trader are we. The second is we should be prepared on unexpected situation because it is a game of probability where there are always chances of winning and losing.
We should also focus on our risk and management, it is the best way if we want to lessen the risks in trading. We should always have a plan before a trade where we can create tactics and specially cut loss strategy. Diversification is also matter and be sure that do not invest all of your money in just 1 coin. Spread it in 3-5 altcoins because it is the preferable diversification. We cannot totally remove the risks but we can lessen it if we really understand the market and if we know what we are doing.
This is pretty much the things that every trader should keep in mind. Everything summed up in one comment. This not only minimizes the risk you are to suffer as a trader but this also leverages the chances of you getting big profits in the crpyotcurrency trading world. If I could just add one thing, I'd include to not buy or sell impulsively. Observe the graphs and the market. If you don't know how to read graphs there are free videos to watch that'll help you gwt a deeper understanding. It's hard to predict cryptocurrency prices but if you are saving a relatively stable coin, then this will help. For volatile coins reading charts and news could give ypu valuable insights on what step to take next. That way you can reliably purchase or sell a cpin if you must. |
|
|
|
Is there a possibility that can dollar beat the value of gold?
I have another thought! The US dollar cannot beat gold. Because a dollar is not worth the price of gold. If the value of a dollar increases, it doesn't increase as much as gold. Many people also choose to invest in gold to get rich. It is also a form of business. People often buy gold This is simply the reason as to why it can't beat gold price-wise. The price difference is immense that even years after a nice economical growth dollar wouldn't even reach gold's value because it appreciates in value at the same time. And besides, I don't know why people would hope to increase dollar value, after all it's alredy the standard money for all types of currency there is in this planet. If you want to create money, we have to double checl and compare it to dollar first to see if it could fare well by itself. And since US dollar and gold are pretty much governed by the same system, they wouldn't want to increase dollar price because if then, people will start hoarding it and keeping it. Which would cause a disruption in the supply of money in America, if that hapoens the government will be forced to create more money which destroys the ecosystem too. And it'll cause inflation at the same time, rendering US Dollar's value useless if it goes on. |
|
|
|
Sorry to say but i am not somehow agree with you with saying that crypto is more good then banks. Because In my opinion and we all know that amount in banks are more safe then amount in crypto wallets.
Otherwise you are also right because there are a lot of benefits of it we can change our life with crypto.
Even on the security department bitcoin does it better than the banks. Most banks only have time locks to protect the money of their patrons, and yes, that is still unsecured. whereas in bitcoin's perspective, the security of your coins is backed up by an encrypted password/passphrase/code that only you could know. So unless you gave your password online or have forgotten it. You are safe from everyone who's trying to get a hold of your coins. So it's less of bitcoin's fault that users tend to forget their wallet codes and more of the user's fault hat they lost theirs. We all gotta pay for something to be secure. On bitcoin's end you don't even need to. So I don't see why you would choose banks over bitcoin in the security perspective. This is just my opinion however, this is based on my experiences from dealing with different banks and with different crypto wallets. |
|
|
|
I think, people who think they have to return their losing money are very greedy, most of them are stuck with debt or selling personal items (because they only want to return their losses before). I personally do not think like this, if I lose then I will stop and come back to play tomorrow and not always think that I have to return the losing money.
it's a normal human instinct and less of the person's character in general. We are hard-wired to feel frustrated, and everyone in the mammalian group feels this to when they aren't successful in carrying out their task. The frustration that we feel when we can't get what we want is there and it pushes us to come back and bet. This happens everytime, snd it saddingly messes the mentals of the player up. They tunnel vision and aren't good to judge at this stage, which causes even more frustration to the player and more losses. This had happened to me not only in gambling but in videogames too. Now, it is up to you on how you will react to this hard-wired frustration. Will you take the bait? Or will you calm yourself up. Either way you'd still be pushed to play the game anyway. As I was saying, we can't just judge people's character over a bet. Not unless it is their life's that's on the line I suppose. |
|
|
|
If you are sure Bitcoin will surge after the halving then you have at least two options : the first one is to hold your altcoin, cause eventhough you know the price (in BTC) will go down but you will eventually see the price goes up again. the second option is to sell your altcoin before it goes down deeper (because the halving) and then re-buy the dip.
the first option needs more patience and time, the second one probably better if you are now in profit.
But the thing is that there ks no enough time to correctly predict bitcoin's price along with it's profitability. I could give you all the time you want and you'd end up with the same thing you atarted up with. It might be enticing to buy bitcoins now because of the halving but buying bitcoin in exchange for your diverse portfolio is just not that good. Ypu can buy bitcoin in itself to expand your investments but it wouldn't be good if you sell some of your shares for bitcoin. If bitcoin dumps, a greater percentage of your portfolio dumps as compared to just flat out buying it pn margina and stuff. So no, trading coins for bitcoin and then hodling them is not good. |
|
|
|
bitcoin volatility will decrease when it reaches the max supply and it is still very long.
at least from the annual chart that we see even though the value is very unstable, but shows a significant increase.
yes even though the chart dropped dramatically after a severe dump in early 2018 but bitcoin is starting to show an increase again.
But the thing is, we can't just buy bitcoin bumy ourselves. It's too expensive even to just buy one. I mean, who has 8000-9000 dollars to spend over cryptocurrency. If we want to exhaust the full available supply in the market, we would need to recommend and advertise bitcoin. Or we can just wait until the developers that take care of bitcoin finally build a program that allows it to become a currency, not just some form of asset. That will significantly decrease the volatility of bitcoin's price. But would also diminish bitcoin's profitability as an asset. It might even dump on value once this happens, so there's some high risks that are involved which the investors' side of the road might disagree. |
|
|
|
I gamble only if I have money then stop it when 3 consecutive loses.
Have extra money, right? Yeah, I did it as well and I think it really works to prevent severe losses. Losing extra money doesn't really affect your life. And if you can win with the extra money, it will be surprising your day. Yes, always set the limit in playing gambling. Deciding to stop after 3 consecutive losses seems okay for some gamblers, but not for others. However, for newbies, it is recommended to do. If you don't really know how to play it, don't risk all your money for more losses. Or better yet, get some valuable surface knowledge first before diving in. It's much better than spending a few dollars even if it's just disposable money. Ressarch on it, look for patterns if any. Find the optimal win condition and set up a strategy that will support your lifestyle and needs. After everything is kept in check, try the gambling site. Comapre your wins and losses. And always ensure that you're not tilted and addicted. Stop after 3 wins, stop after 3 losses. Don't get carried away when you win and place a very big bet. That's just some of the tips I use myself when I'm gambling. So far I haven't lost that much money |
|
|
|
Losing all your money is one compelling reason to stop. Gambling on debt would only make your problems worse. Having zeroed out would push you to rethink your decisions and might set you to another hobby as you say, and just change yourself, or accept your fate. Nonetheless, you should avoid going to that point and always self-control your gambling habits as you possibky could.
Most people definitely stop on gambling after a very devastating loss. But the point of this topic is to find ways that would help you avoid that point of no return. We want to pull the weeds out before it grows. That being said, I think the best alternative is to keep yourself active. Do other things besides gambling like business. If you let gambling take your lifestyle, it's going to eat up on you in the process. Leaving you like an empty husk once everything is already done. |
|
|
|
Applying for the Signature Campaign  You are already accepted. We announce a new participant of the signature campaign: https://bitcointalk.org/index.php?action=profile;u=1075222 He will substitute the excluded member. I just reply sorry didn't see it!  And yes, thankyou manager for accepting me!!  |
|
|
|
|
Show Posts
