I can assume that OP doesn't have one Bitcoin.He's just a asking a question about a potential case scenario. OP,if you really have one BTC,then congratulations.You are richer and more successful than 99% of all Bitcoiners so seeking financial advise from people,who are less successful than you are seems kinda stupid to me. Does a rich person seek financial advise from the poor people?Nope... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Anyway,If you don't really have one BTC,then the entire discussion is just gibberish.It's like asking "What will you buy or invest with the money,if you win the jackpot?"There's no point of such questions.
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I don't have enough information about the entrepreneurs in my country,because I usually don't talk to business owners and I don't have any entrepreneurs in my social circle. However,I'm sure that the financial education and culture in my country is pretty low.Most people don't know how to calculate interest rates and they don't invest in stocks,hedge funds or cryptocurrencies. My country had a socialist command economy between 1947 and 1997,so the government controlled all the companies in the economy.There is no advanced corporate culture like in some capitalist countries. Talking about money isn't considered a "bad taste",but most people simply aren't interested in the subject.
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There's no "choose A and dump B" type of situation in the cryptocurrency world. Most Bitcoiners have no problem investing in altcoins,tokens,NFTs,etc. while keeping their BTC. Choosing a particular altcoin/shitcoin or NFT to invest doesn't mean that every guy investing in the shitcoin would dump all his Bitcoins. I would never invest in shitcoins,it doesn't matter if there's a possibility for a 10000% price pump of a shitcoin,I would never buy such coin.I wouldn't touch it with a 10 meter long stick. I see that you are a little bit salty about this new Ethereum marketplace.I wonder why? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Were you scammed by some altcoin/ICO token projects in the past,OP?
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Do you think crypto will be the future for payments in space ?
How will they pay people long distance ... from planet A to planet B ?
Why don't we just colonize come planets,before we start thinking about payments in space. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think that the human civilization will be capable of colonizing other planets after the year 2100,if the Apocalypse didn't happen before the new century. Nobody knows what will happen with the cryptocurrencies after 80 or 100 years.Cryptocurrencies might become obsolete by 2100.The human civilization might find other ways to reallocate resources,replacing the market economy and the use of currencies,both fiat and crypto. I also don't think that the first human colonists would need currencies,when they arrive at a new planet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Today's game is going to be Arsenal vs Christal Palace where Arsenal Legend Patrick viera will be looking forward to seeing his team face his formal club now being captained by Mikel Arteta. The encounter is really going to be a tough one,because Viera wants his team to defeat Arsenal,while Mikel Arteta does not want that to happen,so he would be very careful in his tactics in order not to enable Christal Palace win. But I still bet Arsenal to win the match and rise to seventh place on the league table behind Manchester United. And it seems to be a must win for Mikel Arteta.
I still don't understand why the owner of Arsenal hasn't yet fired Mikel Arteta. Arsenal definitely needs a better manager.Keeping Mikel Arteta as a manager for several years doesn't look like a wining move in the long term.Mikel Arteta is not Arsene Wenger or Alex Ferguson. Crystal Palace is an unpredictable team.They are capable of winning or ending in a draw with the big teams sometimes.I wish Arsenal could win this game,but I have a gut feeling,that the game might end without a winner. Arsenal has so much quality in their attack players,but the lack of consistency and the weak defense is a problem for them.They need to buy better defenders and a better goalkeeper.
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After so many years of trying, it was finally approved. This is indeed a good news and of adoption everyone is waiting for but nobody is actually actually talking about the base side of ETF. We all know real btc trade 24 hours a day and 7 days a week continuesly but ETF trade only Monday to Friday, this will continue to open gap during the weekends and even eliminate volatility completely.
OP,do you even read the posts above yours or do you want to just boost your post count? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The ETF wasn't approved and even if it gets approved,the ETF cannot eliminate volatility completely. Bitcoin will remain volatile forever,perhaps mass adoption could lower the price volatility,but no ETF or other financial derivatives will help for lowering price volatility.It's actually quite the opposite.Such financial instruments exist because of the price volatility of an asset. I assume that 90% of the Bitcoiners still don't understand what an ETF actually means that how it is used by the investors. Anyway,an ETF being approved won't be the bullish news that will pump the Bitcoin price to 100K USD.
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What's the point of this motivational post,OP?Is it somehow related to Bitcoin and the cryptocurrency world? Here's my two cents.People don't need motivation,because motivation is a feeling.It just comes and goes. People need discipline and they have to start building habits.Consistence is the key to success,not motivation. I agree that time is the most valuable asset,because we can't renew it and we can't younger. On the other hand,patience is also a really important skill,because we can't achieve success overnight.
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It seems to me that Nouriel Roubini is something like an attention whore. He is desperate for people's attention and tries to stay in the spotlight by making various statements. I guess that he was a big time BTC FUD guy mostly due to the "China is controlling Bitcoin" type of FUD. Now,it is clear that China isn't controlling Bitcoin,so suddenly BTC became cool in the eyes of some anti-Bitcoiners.Who's next?Maybe Warren Buffet? So he's not trustworthy, and he changes his words from time to time to catch the hype, IMO.
I thought everyone had heard of Dr.Doom, because they call him like that since he almost always predicts that something bad will happen - and when he does, they say he's a very smart and intelligent man who understands how the world works better than others. I had a chance to watch a few of his interviews (albeit unrelated to Bitcoin), and I have to admit I wasn’t left under any particular impression. What I have noticed is that he lives very luxuriously at the expense of what he says, which means that he sells his visions of the doomsday of the economy very lucratively, and bad news seems to sell much better than good news. If it took a man 10+ years to realize that Bitcoin has value, then he is a really great expert. AFAIK,Roubini is a die hard fiat money fan and he wants the central banks to keep printing money to pump the demand in the economy.Also,according to him,the governments should spend more,in order to pump the economy. Typical economy theory created by John Maynard Keynes.Nothing original and nothing groundbreaking. The previous 2007-2010 global financial crisis was pretty easy to predict.You didn't have to be a genius, in order to see the Wall Street madness and the US Real Estate market insanity back then.
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Most users are not ideological decentralization advocates And so what?No Bitcoin user is obligated to believe in decentralization in order to use Bitcoin. Bitcoin is a currency/financial asset.Bitcoin is NOT a religion or ideology. Most users are decently served by the modern financial system. Again...so what?If they are well served by the fiat system,then that's good for them.The crypto industry is an alternative to the banking system,but that doesn't mean that all crypto users are going to dump the banks or fiat money in general. The "crypto vs.fiat" is just a competition,not a bloody battle,in which only one will remain. Most users hate price volatility... I hate price volatility as well,but that doesn't make me wanna dump Bitcoin. It seems to me that this list of criticisms against crypto is out of context and the guy doing the presentation looks like Vitalik Buterin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Calling me a scam after all the responses I've given and the very fact that I came here in the first place to openly discuss all these issues and concerns is extremely unfair and out of order. Slander without evidence is suable in a court of law. Please provide evidence.
I understand you ,OP,but it's normal for the gamblers to be suspicious,when it comes to new crypto casinos,especially new crypto casinos,that are using a well known and cheap gambling script. Perhaps you have good intentions,but you will have to put the effort to build trust and prove that you are legit. I don't like the approach of having the same script/template as other casinos.You can't stand out from the crowd this way. I'm not sure that you have 600 active players in your brand new crypto casino website. Seems like the "fake it until you make it" business approach to me.There's nothing necessarily wrong with that.A lot of small businesses begin with exaggerating their success,until they become really successful.
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Yes, It can be expected that cryptocurrency will be a Global currency in the future. The BTC will be the father coin and there will be a lot of sub coins. Cryptocurrency is a unique kind of currency that has great potential. It has an attraction for all ages of life. It has a great opportunity for those who want to do something and desire to step forward. Moreover, It has equal chances for poor or rich for development . This currency has brought a revolutionary change in the world of business and trade. It promotes a positive activity also.
Why do you consider "cryptocurrency" to be one coherent currency? Bitcoin is NOT a father coin of the altcoins and the altcoins are not sub coins to Bitcoin. Altcoins are created to compete against Bitcoin,even though most of them follow the price trend of BTC. The cryptocurrencies aren't a monolith. Will they become a global currency?Well,they already are global currencies,but their user base isn't that big. I don't understand what do you mean by "equal chances for the poor and rich for development"? Yes,both poor and rich people can become cryptocurrency developers,if they educate themselves. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Cryptocurrency cannot make poor people rich,if you are talking about financial development.
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I wonder why this forum post is in the Gambling forum. This is basically sharing news about the health condition of Deontay Wilder. I have to remind you that the health condition of Deontay Wilder has nothing to do with cryptocurrency gambling. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) OP,did you bet money on Wilder to win against Fury or something? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Fury is a great boxer and he was 18kg heavier than Wilder,so for me to see Fury winning this boxing match was pretty much expected.No surprises here.
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I really want Dimitrov to win Indian Wells.Perhaps this will be his tournament. His performance isn't very predictable and consistent.He could win against anyone,but he could also lose against anyone.He was considered a major talent a few years ago("baby Federer"),but he never achieved the level of Djokovic,Federer and Nadal.This is probably caused by his personal life-having lots of girlfriends,I guess. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) He is 30 years old now and it's time to for him to win some Masters tournaments.
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China hashrate dropping from 41% to 0% in one month(June-July 2021) seems suspicious to me. I wonder what will happen to the Chinese companies that produce mining hardware,like Bitmain? Will they keep producing mining hardware and export it outside China? The concerns about the mining hashrate being concentrated in one country were false.Bitcoin was OK,when the vast majority of the mining was located in China.China never had any control over Bitcoin. Now,Bitcoin is still doing fine,with the hashrate being re-distributed among several countries.
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That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology
Yeah,but you have to keep your Bitcoins in your hardware wallet and keep your private keys. Not your keys,not your coins.Keeping your coins in a crypto exchange or online wallet is the same as keeping money in the bank. So stealing with Cryptos is almost not possible Yeah,right.Totally possible,if your exchange or wallet account gets hacked or you get scammed. And again, Cryptos rise/fall every second, but the chances of rising is higher
That's why Bitcoin of $10 today can turn $14 in 14days time but your $10 in the bank will reduce to $9 after bank charges
You should learn to distinguish Bitcoin from the different kinds of altcoins/tokens/shitcoins. Scarcity is the main reason why Bitcoin will increase it's value.Inflation/money printing/currency devaluation is the other reason.This means that money becomes less valuable compared to BTC. So a time will come when everyone wouldn't want to be cheated again by the banking system and would move to using Cryptos for Saving money and other transactions.
I don't want to agree with this "black vs.white" or "good vs.bad" type of thinking. Banks aren't always cheating and the crypto companies aren't always legit and honest with their customers.
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We should once and for all stop with all the "China is controlling Bitcoin" BS,which was repeated a gazillion times over the last few years.That was a complete BS. It has been perfectly clear that the Chinese government never really cared about "controlling" Bitcoin. Crypto mining in China was really small and insignificant,compared to all the other energy consuming industries. When an energy deficit hit the Chinese economy,the first industry that was banned was crypto mining. Unfortunately the FUDsters and the conspiracy theorists will begin with the new "Is Russia controlling Bitcoin?" type of BS.Maybe they might ask the same question about the USA or Kazakhstan. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I agree that the biggest problem of China is the local governments debt,not Evergrande. However,I think that the central government of China and the PBOC have enough reserves to support the local governments to pay their debts,at least for a while.The reserves aren't that big,the huge crisis with come,when China runs out of it's foreign currency reserves.AFAIK,China owns lots of US government bonds. They could sell the US bonds and get some cash in order to pay off the debts of the provinces. The economic growth of China seems like a bubble that will pop some day.I'm sure that the new Great Depression will begin from China,not from the USA.
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I'm not an expert in this field,but I think that hosting gambling games on a VPS seems risky,because it might break the Terms of Service of the hosting provider. I guess that you should avoid all the big VPS providers like AWS,Oracle,Azure,Alibaba Cloud,Google Cloud,Vultr,DigitalOcean,etc. I know that several hosting providers are more tolerant towards hosting gambling,adult content,etc. but I don't remember their names,since I'm not interested in hosting my own gambling or NSFW website. Perhaps your should check out for "offshore hosting" providers. I don't know which one is the most reliable provider. Maybe there's a way to check the hosting providers of all crypto casinos. Domain WHOIS lookup or something similar.
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Such heavy regulations might be the end of big centralized cryptocurrency exchange platforms. Which isn't bad at all."Be your own bank" might become the new norm and we will be moving towards more peer-to-peer trading and financial transactions in the crypto world.Crypto exchanges were convenient for the average user,but this comes with a cost,like KYC verification,paying fees,the risk of the getting scammed,etc. I have nothing against "whitelisting" my Bitcoins,since I have never earned any Bitcoins via scams,hacks,trading on the darknet or via other illegal methods.I have nothing to hide.I'm sure that 90% of all Bitcoin users have nothing to hide as well.
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They are one of the most crypto friendly countries in my opinion. If I'm not mistaken as early as 2017, some crypto projects wanted to move to Estonia because of that reason.
Maybe it grew too big for the government to really monitor everything that's why they wanted to review it. Hopefully though, it doesn't mean the total shutdown of exchanges and financial services in the country, otherwise if could be a big blow to crypto market in general.
1."Crypto friendly" countries can become not-so-crypto friendly pretty fast.Sad but true. 2.It's no big deal that many companies might lose their license in Estonia. They will have to move to another country,so I don't think that this would be a "big blow" for the cryptocurrency industry. 3.Estonia is a small country with a population of less than 2 million people.The Estonian market is really small,and most crypto companies currently operating in Estonia are focused on the global market.This means that Estonia isn't important for the crypto industry,despite being one of the first crypto friendly countries in the world.
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