My oh my! Since a few days back my blood pressure has being spiking higher and higher, seeing the price of Bitcoin doing a freefall. I know its prudent for an investor not to panic when the market falling, but I can't help myself starting to panic. I believe that it'd be sensible for me to sell all of my Bitcoins and wait for a suitable time to reinvest.
It's not the only case with Bitcoin as price dips are very normal in this crypto market and we have seen worse than this.Panic selling is just for weak investors. So what I want to say is that fiat has lost its value much higher compared to bitcoin with rising inflation and its robbing you day by day but nobody utters a word about it? Bitcoin on the other side which is deflationary witness some normal dips and correction then new investors blood pressure tends to rise so easily.Imagine you have saved $1000 in 2010 and now that would have valued to $100 only compared to inflation rates and same investment in Bitcoin would have turned to $35 million today!!! Just imagine the returns and try to remain calm instead of eroding away with FUD in the market.
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Elon Musk bought BTC some time ago, saying that BTC has various advantages; But when he now cleared the warehouse after making money, say BTC all sorts of bad, which caused the extreme panic of the market. I hate him! But how could we do? In my opinion, on the one hand, we should hold on to BTC. On the other hand, as practitioners, we should continue to discover and create high-quality blockchain projects, so that the blockchain industry can be recognized by more people. For some people he has turned out be source of high profits and I don't think they hate him in the crypto world.For instance the Dogecoin millionaires US brothers who invested $8k in Dogecoin and now they are playing in millions.This is how market works and if you keep the pace with the flow you can also make small or large share in profits depends upon your perspective.Tesla is still holding its Bitcoin after suspension of Bitcoin related payments and who knows he is buying this dip and disclose it later.You might have sell at low and find Musk guilty for this dips but you need to know that many initial btc supporters turn to be against it after having their profit share..When you understand the foul market play you win.
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Every gambling site have their own Terms of Service and it clearly says there about fraudulent transactions and the possible scenario that can happen to your suspicious account. I don't think R Gambling site can't be abused, they must have the best security to prevent their platform to become a place to liquidate the money of scammer/hacker, Rollbit must do everything to check all the deposit and withdrawals, and everything, this is one of the top priority of every gambling site.
Most of legit casinos provide security for the players account and try to prevent any breach by allowing firewalls but sometimes players fall in trap of hackers and scammers and loose access to their accounts in which casino can't take any action.Rollbit is running quite well these days and they have enabled 2FA authentication for its user providing more secured gaming experience in which you can hide your username aslo and anybody don't know about your funds.Security should always be two sided from casino to players and by players themselves aslo.
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So happy with dip that I could buy this dip because of him!! I am sorry guys if you lost some % on your BTC but this was good for a poor person like me.
You made a good decision mate by investing at this dip because for most active traders also follow the same strategy.All these FUD and FOMO are spread to buy at the dips by whales and most of weak hands sold to large investors.The main thing is investment in Bitcoin and just hold it for long term and enjoy your gains in the long run.So your $500 investment or say 0.012 Bitcoins at $43k would give high yielding returns in future if you are patient and follow same strategy to invest at dips.Best wishes to you.
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The way things were done in the past have changed from what it is. In the area of buying and sell especially, you can stay in your house and do all your shopping all because of the availability of the internet. Before this time, the internet was majorly used for sending of email and other short and non elaborate internet activities but all that has changed to real marketing online. This has changed the economic system in no small extent that people prefer not to go to the market physically but go stay back home and in there comfort do the buying and selling.
Is the internet making people lazy or what do you think?
This use for internet or online services have increased in this pandemic time when population is locked in thie homes due to vast spread of virus.When you can items delivered at your doorstep why waste your time, efforts and money in travelling and shopping.Actually most people tend to save time and utilise it for some other useful purpose which is more important.So they can manage two things at same time.Technology always comes up with pros and cons but it is totally on ourselves how we perceive it and make use of it.We are dependent on internet these days and future digitalization is completely based on internet usage and you can't blame technology for it.
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I also heard that Biden government has relieved fully vaccinated persons to be live mask free life and they do not need to wear mask anywhere.But what I personally feel is that until this problem is fully resolved we need to take precautions and be on safe side because virus can hit anybody as I have came across cases with vaccines also.You need to show your certificates or online proof to the casino owners or anywhere you want to travel or you don't know what type of surrounding you are.The world needs to heal from this situations but keep yourself safe first to gamble afterwards.
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i have proofe now stake scam users he did win 12 btc but they ignored him about cashout Sorry to disappoint you mate but Stake.com? if this is true then that Person have already file a case against stake in legal manner because 12 bitcoin is more than 600 thousand dollars and that is a huge amount for the person to fight for His right and you don't have to run after stake , because this become a thread of bitterness since you first put a thread against the sister company of stake and now in them directly. 1)That is what I was thinking that if the person who just have jackpot and wins 12 Bitcoins on any casino site and have problem in withdrawal and he is just ignoring this. 2) Secondly he is not claiming himself or reporting it in the scam and accusation board or in ANN thread of Stake to have a chat with sites representatives for such big withdrawal request. 3)The @OP is just trying to act on his behalf and acting as lawyer for the person or just trying to defame the image of most popular casinos in order to start a conversation on this forum.
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If you happen to be an active trader or know people that trade actively, you will notice that traders do not easily give out money ( i.e lend out money) not because they don't have to give but because their capital is actively and most times always involved a trade.
You have to understand as a friend to traders that even in times when big wins are celebrated, it is not still a time to ask them to help you with money for your needs with the thought that they are in profit, because if you do you will get yourself disappointed nine times in ten chances.
Work for your own money, nobody owes you anything.
It does not implies to all the active traders as some of them are into lending business also and gain interest from that but it involves a element of risk that your capital is safe.But if your relative or friend is in great need and you have surplus funds aside from your investment purposes then you should help them.Active traders tries to secure their capital because they don't have idea of the market and if they incurr any loss or if the market crash situation arises they need to deposit funds to their wallet which they have set aside.So you can see it is personal choice of every trader that how he wants to trade in the market based on real time experience.You need to have fund management policy implemented very well which provides you with capital guaranteed plans.
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A lot of people talk about "mass adoption" and "mainstream adoption" as a milestone for Bitcoin and crypto. How do you personally define these? Have they occurred yet?
Mass adoption is still on the way for crypto world as only 1-2% of global population is using it at current like internet have users in 1990's.When Bitcoin and other alts will be common and essential as smart phones then it will be counted as mass adoption.It can be in any form like investment by large group of people but for me personally if btc transaction are carried out on regular basis similar to fiat then it will be regarded as mass adoption. When normal adults who are not techie and children easily recognised Bitcoin as source of payments and used them for buying their stuff without any hinderance then it is actual adoption.
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The list @OP has mentioned for crypto kings and queens is good and they all have turned out to be billionaire in this pandemic and following is their respective net worth as per 2021 list:
1)CZ - $1.9 Billion(All in for crypto) 2)Vitalik - $1 Billion (After ETH hits ATH of $3500) 3) Brian Armstrong - $20 Billion (After Coinbase listing on Nasdaq) 4)Joseph - $5 Billion 5)Parel - $17.2 Billion 6) Brad - $10 Billion
But for me crypto king or queen 👑 is a person who has effectively contributed for betterment of market and persons like CZ,Brian who started crypto exchanges their main motive was profit making from start but inventors like Sathoshi and Vitalik have built cryptocurrencies like bitcoin and Ethereum which shifted the momentum from fiat currencies to decentralised payment method of cryptos.They should be called Real crypto kings and queens rather than investors who just invested huge funds in early time to become rich at present prices.Try to include the developers who are suggesting and implenting BIP and EIP for solving issues of crypto.
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Bitcoin is quite a popular topic these days whether related to its price, acceptance by major companies and government, mining related topics or others.But in tough time of corona Pandemic a renowned Australian fast bowler who we remember from our childhood,Bret Lee has donated 1 Bitcoin to Indian government to fight with oxygen supply shortage which is equal to 40 Lakh INR approximately at current bitcoin prices.It is not big donation but the main point is charity done in bitcoin which remarks the Indian government who is moves to finalize crypto bills. “India has always been like a second home for me. The love and affection that I have got from the people of this country both during my professional career and even after my retirement, holds a special place in my heart,” wrote Brett Lee.
“It saddens me deeply to see people suffering due to the ongoing pandemic. I feel privileged to be in a position of making a difference and with that in mind, I’d like to donate 1 BTC (Bitcoin) (Around 41 Lakh INR) to Crypto Relief to help with the purchase of oxygen supplies for the hospitals across India. It is good to see that charity and donations are being made in bitcoin because many still thinks that bitcoins are used for illicit activities on dark web only and with this initiative btc image might improve in the eyes of general public and its acceptance grow at faster level. Source: Bret Lee donate Bitcoin
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Bitcoin is becoming mainstream these days as major companies and investors are planning and already investing huge amounts in Bitcoin to increase their profits in the long run.But what about the working class?Are they willing to accept Bitcoin as regular source of payment in the form of salaries or bonus offered to them by companies? Although the retail investments in Bitcoin is growing with popularity and prices surges during this pandemic period but still a large percentage of people prefer to have stable income in form of fiat.But I was wrong and was surprised to see one such news when I came across this picture on instagram. So the labour class or workers who work hard are also demanding Bitcoin in salary which is a very positive sign for it's mass adoption.This was one of the main aim of creating decentralised currency accepted by everyone providing them freedom of their funds.They have also recognised btc as one of the financial assest to support their families and increasing their profits also in the long run.Due to demand the government, institutions will have to make rules and regulations for btc adoption and pay the workers.We are moving to some major financial changes which can make btc as major source of payment and financial asset at the same time.Hope for it's speedy growth. Share your opinions on this one.
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Another e-commerce giant flipkart tweeted that they are now accepting Bitcoin payments for it's customers which was on the occasion of April fools day and it's a joke but still they have recognised the need and in future they might be willing to accept it. Although it was a joke but still they have mentioned the word "future of payments" with reference to Bitcoin and it has already made an impact on large people's mind because of their huge customer base with million of them viewing that tweet.
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The Google trend also show rise in Bitcoin searches across the browser in Japan with more than 400% and the bull run has just started in the market once again.The institutional and retail investors both have invested huge amounts in Bitcoin market this quarter which have pushed the prices this high although institutional investments are in group or less transactions as they have huge balance with them compared to retail investors who have invested in small proportions due to money restrictions.But we all have pushed the prices to $60k mark in 2021 which was not possible from 2017 crash.So be positive about its growth and ready to face bearish market aslo.
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It's the most obvious case among most of service as they don't understand what is happening in the background but still they prefer to use it because it's famous and most of the people are using it.Same is the case with Bitcoin as a large percentage of investors don't how does Bitcoin work based on decentralised network.They will not be familiar with the terms POW,SHA-256 or 512 algorithm, Locking and unlocking script and some others but still they are using its service.Bitcoin is built on that basis that a common person easily understand its front working that you can transfer your money over blockchain with the help of private keys and bitcoin address.So you are right most people ignore its internal working but still they prefer to use it which is somehow good for its adoption.
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The main aim is to gain profits in the long run and it does not matter which type of portfolio you are maintaining actually.But one main thing is to have cash or bank saving only upto that amount which fulfill your financial needs because if you are holding too much cash with you it will not give you any return in the long run and on contrary basis it will devaluate over time decreasing your purchasing power in future.Get your portfolio with gold,stocks,crypto which ever you like but it should give your good and satisfactory returns unless it's of no use to carry or sticking to that portfolio.So have advice from others and make combinations of all which best suits you.
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