They are far too late to promote faucets. You'll die before you earn some serious money from them.
If a faucet can give you 10c a day you have to be a masochist to try to earn this way.


There are far more efficient ways to earn Bitcoin. One of them is joining airdrops and turning altcoins into Bitcoin.
Bounty hunting also pay far better than faucets.
You can also look for sites that pay for referrals if you're able to convince a few people to use your link.
There are sites that pay for KYC or give bonuses for deposits. Even Coinbase gives some free coins from time to time and bonuses to newcomers for registering.
All those options are better than faucets.

Why should we care about  this correction if even the article that OP is quoting is saying that it's going to be a short stop on the way up. Focus on the technology and the events like the halving that will inevitably take us higher. It can be this year or next year but it will happen and this is what matters. You don't always have to get everything all at once

For now this prediction is coming true but we all knew that 10 thousand will be a strong resistance. Keep holding!

I think this was arther a bear that we were in ut ro 4 thousand dollars turning into bull. That first pump above 10 thousand and a correction was all a bullish reversal because the correction that followed created a higher low.

To a short term trader it could look like bear>bull>bear and now bull again but for a long term holder it was that 2 year long bear market finally turning into bull.

It won't changebecause centralized exchanges have 2 advantages.

The first one is that they have an established position on the market and that means a lot of money for advertising. A newcommer will automatically get directed to centralzied exchanges. They won't even hear about decentralized ones to have a choice.

The second one is convenience. People want trades to be as easy and as fast as possible and will sacrifice decentralization for speed.

I read OP's post and I'm clueless. What was that supposed to mean?

You are afraid ovf volatility but have chosen the altcoin market which is the most volatile, but you're still calling Bitcoin volatile? I don't get it. Why is this post in the altcoin section? Because of USDt?

Another question is why USDt? It's a centralized stablecoin that was supposed to be pegged to the dollar but is not and it was all proven to be a lie. If you want stability and relative safety choose real fiat not a stablecoin.

You got confused there, friend. Government wants to prevent money laundering and that second part is meaningless. You wanted to write something but didn't know what so you clumped together a few words and thought that maybe you'll get lucky and nobody will read it.


Crypto transactions won't be taxed just as fiat transactions aren't. You have to pay tax from profit - no profit means no tax.

People were saying the same thing after 1000 dollars. I read that it's never going to happen again because it was all fake pump made by Mtgox willy bot and that all those bagholders who bought at that level will be waiting to unload if we ever come near that level. The truth is that all 1000 dollar bagholders from 2013 were long gone when we hit that level again in 2016 and 1000 was no resistance at all.

I'm yet to see some valid arguments for KYC.

Those who want to commit fraud can make fake accounts bu using stolen or bought identities just like when facebook required you o register your phone suddenly thousands of accounts made in the poor countries were selling likes and follows. They were buying thousands of prepaid cards and pumping accounts for money.
KYC is pumping the market for stolen accounts and identities and being a nuisance for the average user.

Another corona virus panic thread...

The mortality rate of this virus is between 1 and 2% which is still very low. The mortality rate of Ebola is 90% and this virus is still active. I remember reading about new cases in early 2020, before this corona panic fueled by the media.
Nobody is going to care about transmission through money or sneezing since many people can be carriers without ever developing symptoms. Read about it, that's the truth. How are you going to protect yourself from people who look fine but are carrying and spreading the virus without even knowing it?

How did you come up with 90 thousand dollars? You seem to be very sure of this price and in reality the cost of mining is somewhere at 6 thosuand dollars.

If the reward is cut in half and the price adjusts accordingly the price will land somewhere between 12 and 15 thosuand dollars. Even 20 will be a very negenrous pump and 90 will be very hard to achieve this year. It would be great but it's not going to happen.

How can he even warn bitcoin to stop doing something. Bitcoin is not a person nor a company.

Next headline: Craig Wright sends a warning to the Internet to stop laughing at him and warns blockchain that it should stop processing Bitcoin transactions or he will sue.

Maybe suing isn't the best choice since Craig usually loses in court

If it hits 20 thousand it will not stop there. 10 is a strong level of resistance that was hit and sometimes even overshot multiple times and the more we stay at a given level the stronger it becomes.

20 is not some psychological barrier. If we go there people will see it as a big bullish sign and keep buying because in the past bitcoin always moved up after touching the previous ATH.
I'd be happy with 20 but 80 is an incredible gain. More like a dream come true for most of us than "only 80"

Usually it's easier to stop when you're losing because you have some money on your account or in your pocket and if that runs out you will stop whether you like it or not.

When you're winning and have more and more money on your account you'll keep betting until you get a losing streak and run out of money which will stop you from betting more. In the end math wins

The most important advice that you gave OP is that you should use only small leverage. For you it's 1x -3x but experienced traders say that you can go to 5x if you want but you shouldn't go higher because it's too risky and it's too easy to get liquidated instantly even when the move is relatively small.

Also if you have the money to keep your position on a 5x leverage it's just better to bet all of it on 1x than bet on 5x and hold the rest to keep the position. People don't understand it and usually lose money by setting high leverages or having not enough money to maintaine the position.

OP if you go auto dicing it will take away all the fun you might get from gambling. You will just leave it running and come back later to see the results.

What I do to stay in the game is play with very little money. If you have 1 thousand dollars to spend on gambling, take just 100 and divide it into small parts like 100 rolls or 100 bets. You'll have a lot of fun playing and after some time you still won't feel lost even if the whole 100 is gone. Try to play games that require attention and concentration like poker or blackjack.

You're right. Gambling is a process similar to love or addiction to narcotics. You want to keep doing it and you want to remain in this state of pleasure and happiness. In case of gambling it's going to last as long as you have the money to stay in the game. When you run out you feel lost and ready to do anything to get back there and finally win.

A drunkard will not stop drinking like that and a gambler will not stop gambling. They both need a hard kick in the ass to wake up.

Bounties are a joke. MAybe 1 out of a 100 offers decent money for the job.

I don't even join these anymore because the money you get for referrals and likes are just laughable. I've seen so many bounties that were paying out less than $5 and you had to really do a lot of work for them.

People from poor countries usually do even those bountries and airdrops that pay them $2 or something like that and that makes the managers confident they can keep the prices low and still pull it off.

Not always a ponzi. They're asking in the survey if we prefer custodial or non-custodial solutions.

I'd be interested in lending out my Bitcoins, even for very little income like 2% a year if I did not have to compromise my private keys and. Otherwise even 10% a year is not worth the risk for me. Safety of my coins is paramount and I can live without a fes % a year if that will make me sleep at night.

They follow each other in both bull and bear. The difference is that in bull altcoins tend to lag behind bitcoin and in bear market they get closerto it or even percede it with dumps. Also in bear market altcoins become more volatile and take bigger hits and in bull they pump more percentage-wise.

I don't think this time something will be different.

Not yet. We've been there before. Have you already forgotten that just 4 days ago the price at the same level?

Small selloffs are a normal thing in every uptrend and they don't change that we are still in a bull market. I expect this bull market to continue until we get really close to Bitcoin halving.