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2761  Bitcoin / Bitcoin Discussion / Re: 90% is already there, only 10% is left on: December 15, 2021, 05:33:15 PM
Lesser supply, higher price.

And while most of us are holding it, there's now actual lesser supply in the economy. There goes the institutions that are saving for themselves and buying as many as they can.

Get to hold and accumulate while we still can. There goes the halving within the next 3 years and the harder the mining difficulty and lesser in reward, the greater price would be in valuation.
2762  Economy / Gambling discussion / Re: Other forums about (cryptocurrency) gambling? on: December 15, 2021, 02:43:05 PM
Primedice and stake also have their own forum

https://forum.primedice.com/
https://stakecommunity.com/

But indeed it just like internal forum which mean the forums focused only for those two gambling sites
and besides that i didn't see any active forum related to gambling instead of bitcointalk
I was about to suggest these but you beat me to it.  Smiley

There are discussions that are out of the names of these casinos and like the casual talks and discussions about gambling, you can find it there.

If you hover onto the other sections of these forums, there goes the usual discussions just like what we have here.
2763  Economy / Speculation / Re: Comparing bitcoin halvings - 2012 to 2020 on: December 15, 2021, 12:38:15 PM
The only one thing is for sure is that Bitcoin is increasing year by year that's why i did not use some of my assets for my expenses cause i know that Bitcoin will show more in the next few years, it is worth waiting for if we know that there is worth waiting for.
Not year by year but every after the halving.

If we're going to say that the increase would be year by year, 2018 wasn't so good that by that year, it's a long bear market that has made everyone disappointed that looks down on the market.

@OPs prediction for 2022 is likely but I'm looking forward after the next halving by 2024.
2764  Economy / Gambling discussion / Re: What online betting company you know gave you a b'day present? on: December 15, 2021, 10:37:40 AM
You just can't be sure that a customer would be loyal to them forever. But let's say maybe 5%-10% of that number, they're the real loyal customers.

Whatever gimmick they want to just to keep their loyal customers, they can do that. And this is the same as that giving present or a few bucks for their birthday.

But yeah, the twist is if they've been verified and passed the kyc.

Even if they want to give a gift to their loyal patrons, I haven't really seen a casino that do this on a regular basis.
Actually, what the OP said here maybe true. But we all know the reputation of that casino.
Are you willing to play on that site and take the risk just because it is known to give a birthday gift.
Anyway, it is up to the gambler if he is willing to undertake such risk. But definitely, they will ask for some docs to prove about your birthday.
It can be true.

But if that's the casino that you'll go just because they're giving a gift during birthdays, that's an odd reason for you to use them. Because they're a casino that has a lot of allegations and accusations.

Reputation is much more needed than just a small reward that you're too attracted with. Have a better choice and even there's no gift or giveaway as long as the casino is legitimate and got a lot of reviews and has been tested and proven to be a good one, that's the better place to go.
2765  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to buy BNB at the right time? on: December 15, 2021, 09:29:00 AM
It's the cycle.

Coins like BNB might be at dumping today but it won't stop there. It can go on a long bear market again and the price of it would be just as stable as it can be.
However, when the market goes bullish again, everyone will get to see how quick the price of it goes up. At the time of bearish, it's where decisions should be made because it's buy now or miss it.
looks like it will be on hold as BNB price has remained fairly stable so far, now at $526.83 not too bad from the last ATH that BNB has done. Of course, if making a release is very unfortunate because of the opportunity as you said that the market could increase soon, it is indeed better to wait for that opportunity by holding it in place so that the time comes when it increases so that it does not miss the opportunity.
Yeah, it's still one of the altcoins that's near to its ATH. The price isn't that bad to hold on since it's still close to the highest that it made during this bull run.

There's the likely that it will remain there for long and the price of it today is still good as it was before. Those that find it very low might have invested during its high.

And there are those investors that are looking on it for its future. If they think that there's a better future on it, they shall hold and buy more.
2766  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to buy BNB at the right time? on: December 14, 2021, 11:59:08 PM
It is necessary to be aware of this potential and make purchases for it. In the near future, coins will indeed increase and gain in value significantly.
It's the cycle.

Coins like BNB might be at dumping today but it won't stop there. It can go on a long bear market again and the price of it would be just as stable as it can be.

However, when the market goes bullish again, everyone will get to see how quick the price of it goes up. At the time of bearish, it's where decisions should be made because it's buy now or miss it.
2767  Economy / Gambling discussion / Re: What online betting company you know gave you a b'day present? on: December 14, 2021, 10:56:38 PM
Consider that there would be at least 10,000 users then giving out some perks according to birthdates will really cost you as a business owner.
Yeah, that will cost them a lot yearly but if they're really earning a lot from their customer. They would probably remain generous to their loyal customers even it's not their birthdate.
And these customers are then able to be loyal to them forever. In fact, a surprise present to all of their customers wasn't big enough to cut their profit, that probably just a very small amount. And as it helps to keep their loyal players this will also able to attract more gamblers, a sort of strategy that has a big possible return as well. But, this comes to think that they will ask to comply and fill up the KYC form as a sort of verification which might complicate the situation, and for sure, not all will do this.
You just can't be sure that a customer would be loyal to them forever. But let's say maybe 5%-10% of that number, they're the real loyal customers.

Whatever gimmick they want to just to keep their loyal customers, they can do that. And this is the same as that giving present or a few bucks for their birthday.

But yeah, the twist is if they've been verified and passed the kyc.
2768  Bitcoin / Bitcoin Discussion / Re: "Only invest an amount you can afford to lose" on: December 14, 2021, 06:18:04 PM
I'm still telling that to people personally that are asking me about investing in bitcoin and in cryptos in general. There's this worry that another heavy inflation might crash the market anytime soon so it's really necessary to invest in bitcoin.

I agree that it had became less risky right now due to many institutions that have adopted it and as well as some countries that have a positive stand towards it.

I've seen also that this time, more people are engaging into investments and their easy option is investing in bitcoin so I think it works that when we educate people, it reflects.
2769  Economy / Gambling discussion / Re: What online betting company you know gave you a b'day present? on: December 13, 2021, 11:55:50 PM
Yeah, many people don't give much importance to it. However receiving something on the birthday makes people happy. In such a way I've received birthday present once. Stake is the only gambling platform from which I received birthday present. I don't know how much dollars I received, because it was during its first year of service. For me it was new to get a birthday present from a casino.
I don't have the experience that a casino giving me a birthday present whether it would be $1 or $5 or $10 or any amount. But it is a fact that whenever it's our day and someone gave a present, that's making us happy.

It's a sort of recognition that you're remembered on your birthday. I wouldn't still register with the mentioned casino by OP that has given him his birthday present.

Consider that there would be at least 10,000 users then giving out some perks according to birthdates will really cost you as a business owner.
Yeah, that will cost them a lot yearly but if they're really earning a lot from their customer. They would probably remain generous to their loyal customers even it's not their birthdate.
2770  Bitcoin / Bitcoin Discussion / Re: Bitmart to reimburse $200 million to customer on: December 13, 2021, 10:53:50 PM
I received an email from bitemark on the 5th of December informing me about an attack on its got wallet which is hosted in two blockchains Bianca smart chain and Ethereum blockchain. As a result of that a total of $200 million worth of assets ranging from Bitcoin, baby don't, and some other coin. The news of the reimbursement came as a great relief to victims.
That's good news for the affected users of bitmart. Next time guys, don't put most of your funds in any exchange. Even they are the most reputable and secured exchange, through updates, the infiltrators can still attack them as much as they want until they're penetrated by these hackers.

If they have insurance, then the insurance company would have come down and taken a look at how they do business, security practices, and so on.
Then the insurance company, goes back and comes up with an amount per month / quarter / year to cover any loss that might occur. And if one does they investigate and pay.
Does not matter what business that we are talking about. Be it an exchange or anything else.

So if they did have insurance, they the way they operated WAS insurable. And they were operating that way, because if they are getting money you can be sure their insurance investigated before they wrote a check that big.

If they did not have insurance and are covering the loss out of pocket, how much profit are they making to cover $200 million?

-Dave

I only know Binance as having insurance (SAFU), but this bitmart exchange, honestly, just heard this exchange because of this recent hack. Also, if the OP can give a link so people can read about this recent hack.

https://cointelegraph.com/news/bitmart-pledges-to-reimburse-hack-victims-as-crypto-community-voices-support

From the article, it is stated that the exchange will shoulder the losses. So don't know how they will cover those multi-million dollar losses. For their users, check their fees later on.
The explanation about insurance is already enough for them to cover the loss for their customers. So if it's a fact that they're insured before the hack has happened then there's no problem for them reimbursing it and there's no need to question how they'll refund the affected funds. Because the most important is that the funds will be sent back to their customers who lost funds with them.

2771  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Which site do you most prefer as a source of crypto information? on: December 13, 2021, 09:52:27 PM

1. coinmarketcap.com
2. coingecko.com
3. coinpaprika.com
4. coindesk.com
5. cointelegraph.com


Each site has its own unique features. Each site is famous in different way. So I hope everyone's opinion. Hoping to learn something new.
I always use Coinmarketcap and Coindesk sites.
I mostly use all of them.

But if all of them are useful, we are free to use all of them as much as we can. And for the news, it's best to source every possible news that you want an accurate one with every news crypto website that you want.

Doing that will make you find out the most accurate and relative news.
2772  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you buying in this market downturn? on: December 13, 2021, 05:16:56 PM
I have taken 3 good choices, I think all three are very good to invest with the time of the market correction as it is now, my current choices are, matic, cardano and shiba inu. I'm sure the future of this coin will provide real benefits for me.
Of the three coins you mentioned, I'm only a little hesitant about one coin, namely the shiba inu,
shiba inu is a meme coin although the coin is on the top of CMC list but I think it's quite risky,
apart from that everyone also has their own views on coins
I'm not also a fan of Shiba Inu and other meme coins. Before it was fine to get into Dogecoin but when there's a bunch of them came out which includes shiba inu, it's no longer fun IMO.

We have the same view with it because we don't think that it's a good investment anymore. It has already gone to the top and we don't think that it will reach the top again.

Matic and Cardano on his choice, they're quite decent IMHO.
2773  Economy / Gambling / Re: 🐋BETS.IO Casino🐋 Cashout in 10 Minutes | 6 Coins Supported & More Comming on: December 12, 2021, 10:48:08 PM
Going back on this thread after seeing that you're now having your campaign in the future. Just as expected, that later you've answered did happened the soonest.

Your campaign is in good hands so good luck in the future of bets.io and keep it up that you're getting the attention of everyone and, remain active on this thread of yours with the same attitude.
2774  Other / Beginners & Help / Re: Lies in the world on: December 12, 2021, 09:45:23 PM
I think they've put the right term of what margin trading is and that's about 'betting'. I guess those newbies would be seeing that clue that margin trading is literally a gamble.

A promo that would want other users to try them with that feature. But I agree that the newbies that will receive the email might go in that promo without understanding it since they might just look at "amplify your profits".

2775  Bitcoin / Bitcoin Discussion / Re: Learn to laugh even if Bitcoin is crashing on: December 12, 2021, 08:43:53 PM
the best thing is, crypto user always calm than newcomer or rich + newcomer.
Calm and laugh, it's actually a good point whenever the market has been dropping like a bomb and many can't take to watch how those reds and lines are going down.

But for someone experienced and who have been seeing the rise and fall of the market, it's just a normal thing to witness. Personally, I have remembered those people that made fun of me years ago when I've mentioned bitcoin and talked to them about how I started.

Well, no heavy feelings now. Just enjoying what I'm seeing in bitcoin together with everyone who has it.

Actually you can't do anything when the price is falling hard. And you should be mentally tough to face the music, that is part of the market as well.

Well you can laugh and then strategized your next move and think happen, play a lot of scenario in your mind and what you are going to do so at least you will be prepared and then you can laugh more.  Grin
What a holder thinks of what's going to happen is recovery. So just laugh and do not be discouraged whenever you see the market playing too hard and has kept on dumping.

And yeah, be tough and do what's necessary. Like if you see the price of bitcoin has dumped and it looks cheap to you then, there's nothing you need to do to but either watch and remain calm or buy.
2776  Bitcoin / Bitcoin Discussion / Re: What is the single worst piece of advice you ever received relative to Bitcoin? on: December 11, 2021, 10:51:34 PM
I often read lists of tips and other best practices in the Bitcoin world, but i thought it would be interesting to share the worst Bitcoin advice you may have received throughout your adventure in this incredible monetary revolution.
Sell bitcoin and buy shiba.

That's from someone I know personally who's just new to cryptocurrencies. He thought that he's good enough already and I've just asked him what's he's invested with cryptocurrencies since I've seen his wall which is full of crypto posts.

I didn't give him an idea that I've been holding for so long and just told him that I hold a few bitcoins which is approximately 0.002 BTC.

What I've told him that I might consider that but I don't want to tell him a feedback because it might hurt his ego.
2777  Economy / Economics / Re: Did you realize in real life how Bitcoin gave us financial freedom? on: December 11, 2021, 09:33:03 PM
That's really the usual thing the bank goes even if we're going to withdraw a not so huge amount. They need each detail as per records for them to put it on their database. I remember there was a time that I've put it on the form when I was asked where the deposit came from and I've said bitcoin.

The teller doesn't seem to know it and I don't know if she just ignored it or included it. And to date, that bank where I've done that deposit is now one of the strictest banks that don't allow crypto transactions.

Really such situations make us realize how fortunate we are that we're the ones who are holding our money.
2778  Bitcoin / Bitcoin Discussion / Re: Learn to laugh even if Bitcoin is crashing on: December 11, 2021, 08:36:14 PM
the best thing is, crypto user always calm than newcomer or rich + newcomer.
Calm and laugh, it's actually a good point whenever the market has been dropping like a bomb and many can't take to watch how those reds and lines are going down.

But for someone experienced and who have been seeing the rise and fall of the market, it's just a normal thing to witness. Personally, I have remembered those people that made fun of me years ago when I've mentioned bitcoin and talked to them about how I started.

Well, no heavy feelings now. Just enjoying what I'm seeing in bitcoin together with everyone who has it.
2779  Other / Beginners & Help / Re: Don't invest in anyone who? on: December 10, 2021, 12:04:44 PM
People needs to be careful , there are people  like this who claim to be expert. They tell people they are investors who can pay money in bigger return and if you fall for it and give your money that's the end. Know who you give money to invest,  do not trust every one who says he is an investors.
I know that most of the people that are telling that they're good in trading are totally scam. And those that are actually good in trading, don't ask for any investment from anyone because they can generate it for themselves and have it grow with the usual process that is taking a lot of time for them.

@OP should have doubted it and criticized it first that with a small amount, the odds of making that big within 4 days is totally low. Well, these scammers really know how to play with our minds since many of us are greedy and wanting to take easy and quick buck.
2780  Economy / Gambling / Re: BitVest, The worst casino I have ever seen on: December 10, 2021, 10:29:31 AM
The campaign that bitvest has was postponed and have no idea when it will be back. They've been waiting for so long and they're no longer paid to promote them. OP's situation is also the same with the others that have been stucked with their hot wallet and cannot process their withdrawals.

The problem really is on the management which was one of the best before but now is hanging on and we have no idea until when they'll be back to their best and normal. I'm sorry OP but no one here can help you on this matter but only the owner which we have no clue when he's going to be back.
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