But people who created bitcoin and crypto.
You should know one thing:
We dont need to be in crypto if too many problems like hacking ...or usdt frozes..wich never happened at least with me or friends.
Also they want to start the sec and goverment with DEX exchangers....
Also kyc...regulations
If too much heache start coming out of crypto then solution is simple:
We dont need crypto then we can leave crypto if we dont get profit but only pointless problems.
I can and many people can leave crypto anytime its not a problem.
So sec fed and goverment and banks wall street and all the people who created crypto for us.
Please stop f ...around !! Or you lose people.
I dont have to be in this im here until it works until no $$$ of crypto but it will only takes my $$$ then crypto is not needed.
We lose money here when whales pump or dump markets when u try to short it goes up when u try to long it goes down....thats all ready too much stress for traders so if the wall street and govement start making bs we can just leave the crypto.
And if we leave crypto whos gona feed those grayscale and micheal saylors ??
So here what i say dont kill the cow take just milk im fine with that wall street milking me .... but if you going to kill cow with all those pointless KYC rules tax rules regulations .... and stealing from COWS by saying...ouu your USDT just got frozen...lol then what you guys do at the wall street?
So the point is there so much all ready bs around the world lets not bring and not justify the bs things.
The second thing if goverment...start f around here too much then wall street who owns goverment and everything will start asking questions ...like hey goverment ??why do you try to kill our casino here =?
If those problems what i said will continue to exist then crypto industry will die soon.
We stay in this only if more f..around dont come in crypto.
Who is this "we"? You seem seriously anti-crypto but only out of your own greed. You might very well be a late-comer to the party as you talk about only profits, people who have been here a long time know that this is a highly volatile asset that could fall, which is likely to weed out many people who were short-sighted. Is anyone supposed to admire your big speech, when it seems to only be self interest that brought you here. It feels like you have got the vibe of this forum all wrong if you think many people will be agreeing with you. You speak about things like regulators taking action yet don't understand that the average user here has zero control over that. Such a poorly thought out idea all round. |
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In this segment first I would like to add the SAFF League which means South Asian Football Federation League. India has titled this season SAFF Championship winning against Nepal 3-0. For most of the country people this isn't a big thing and such leagues weren't known to the outer world. In India this is much celebrated and this shows the increasing demand and support for Football in a cricket dominant country.
Similar unpopular Sports Leagues can be found all around. Please come forward and share your words on any such experience.
I wouldn't say that these leagues are necessarily unpopular, but for betting sites to be able to support them they need instant and reliable on the ground coverage of these events that simply might not exist at certain levels of the game. Semi-professional and amateur leagues might be structured well enough with good organizers, but they might be without the technology to accurately feed on of the white label scoring systems that feed many different betting sites in order to formulate their odds and historical statistics. There is no suggestion any leagues you mentioned are susceptible to this, but you'll also find that betting sites may exclude certain leagues where they think there might be a chance of match rigging and it's easier to get away with it on less watched games. |
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Michael Sayor just Tweet that his company, MicroStrategy has acquired additional 7,002 Bitcoins for the price of $414.4 million USD, bring their total holding to 122 044+.
Let's look at the profit they've made so far
The 121,044 BTC was acquired with the total Investment sum of $3.57 billion at the average price of $27,534.
Now, let's assume they decided to sell everything off at the current market price range of about $60,000.
Update: I know the current market price is 48k. I'm speaking in the general sense of the current price range. In other words, if they decide to sell at the next bullish movement to 60k which may likely happen before February.
That wound amount to:
$60,000×121,044 =$7,262,640,000
= $7.27 billion Approx.
Subtract: The Investment capital from the current value
$7,270,000,000 - $3,570,000,000
Total Profit so far: = 3.7 Billion.
Remember, they aren't selling yet. Going by the current market trend, the profit could double to $7.4 Billion before the next year runs out.
Advice: If you really wants to make it big in Crypto, HODL without let up until the price is right for you.
It's actually a rather sad thing for the future of Bitcoin, because the more financial whales that exist like this - the less volatile it is going to become in future because these players are running their own financial games. If more companies like Paypal were to get involved in the market and build their own internal ecosystem, it restricts the amount that are left over - which they will eventually buy up and remove from free circulation potentially forever. Instead of being a driver for innovation, it will become part of a walled garden that is controlled by banks or other institutions, who instead of making use of the blockchain will simply create an interface on top yet still reap transaction fees without moving any bitcoin around. |
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Its only 1 month when 2020 came around the corner but I would like to know what your largest win is so far and if you have set yourself some targets for this year.
Below you can see mine that I won a couple weeks ago. However I only owned 20% of this jackpot pool ticket that won 24.000€ I scooped 4800€ and some pocket money for a 1.2€ contribution to the ticket.
Congratulations, there are a lot of supposed winning amount stories coming up in the last few days and this one seems the most convincing at all. Do you place a regular contribution to this pool or was this a random attempt? You should always be skeptical about posts like these but it doesn't feel like you're attempting to upsell anything or get people to join you elsewhere to do that.The most I've won was $150 on a free game, which is pretty tiny compared to your amount but I love buying stocks instead of gambling  It might be wise to keep thinking of this as a rare miracle and keep your contribution the same rather than raising it unnecessarily. |
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When bitcoin was created, some of the side effects were not that well know. There is one that I find particularly interesting:
By giving individuals a choice to own an asset that is not printed, it generates a competition with all currencies across the world. Until a few years back, the people living in countries that had irresponsible monetary policies had to either live with it or try to exchange, many times in the black market, their local currency for USD or perhaps Euro at whatever the rate was in the street. That solution is much less valid now that US is also printing money like if there was no tomorrow and rising the debt ceiling to cope with an infrastructure programme.
However, bitcoin has now given the power to the people to defend themselves by holding bitcoin and - I am not sure how aware are governments about this - forcing the governments to either be responsible or get their currencies demoted to a secondary way of storing wealth. A sign of these is that it is only the most repressive and irresponsible regimes the ones that try, normally without success, to ban bitcoin.
The thing is, the majority of the world population - like 99.99% of people currently use and will continue to use fiat currencies in their every day life without bothering to ever get involved in cryptocurrencies. I think cryptocurrency serves a rather small niche in reality, which is being useful for large cross border payments on a personal basis. As it has no real traceability or charge back functionality, it is not particularly safe to use with merchants who might screw you over, which means the main real life use is sending money to yourself or family/friends while trying to avoid extortionate banking and currency exchange fees. For small scale transactions the fees, high energy usage and non-instant nature of it compared to existing payment processing networks is a large drawback. |
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If he was the real owner of Bitcoin he would not be bothering over such petty court cases and could easily prove it in seconds by just moving a tiny amount of mbtc to demonstrate he has control of this fortune. The real owner is likely deceased or it could even be some sort of governmental agency (much like the military effectively invented the internet for the original purpose of internal communication). If you own that much money, or even half of that amount, then the last thing you should be doing is bothering to waste time in court. I do wonder whether he will have to pay his own court costs, because if he isn't the real owner then he has wasted a lot of money to prove an insignificant point. |
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The game of dice has often been seen as the game of luck which makes many players depend on luck rather than developing skills that can aid their constant winning so am curious to know what are your collection of best dice techniques that have helped you in winning the game of dice.
You're in for a very bad time if you think that you can ever master any "skill" related to Dice games. They are zero skill, it is purely a case of understanding any particular perks or bonus rounds that might be set up at certain casinos. Either way the games have a built in edge to the house and some people seem to struggle with this idea. While you might have several small victories along the way, any game that is giving an inbuilt advantage to the house can never be beaten over the long term - it will just keep eating the money you put into it and slowly grind down your wallet. You need to look at other games if you want to master any sort of skills, because this is not one of them. |
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Here is the top countries that adapted innovation much faster
1. Switzerland
2. UK
3. Sweden
4. Finland
5. Netherlands
6. US
7. Singapore
8. Denmark
9. Luxembourg
10. Hong Kong (China)
______________________________________________________________________________
Here is the
1. San Francisco
2. Vancouver
3. Amsterdam
4. Ljubljana, Slovenia
5. Tel Aviv
6. Portsmouth, New Hampshire
7. Miami, Florida
8. El Zonte, El Salvador
9. New York
10. London
There is quite a bit distinction between the two, because while the first set talks about innovation in all different sectors (of which Bitcoin is a insignificant fraction of the economy) we see at least half the second batch being in North America. While El Salvador were certainly groundbreaking in their adoption of Bitcoin as an official currency, besides that their tech sector and Bitcoin functionality would be dwarfed by many other places - I'm not even sure how they made the list, somewhere like Tallinn in Estonia should really sit in that slot. Anyway, the fact is these countries have solid legal and financial structures that are enforced, while the workforce is willing to adapt to new technologies - I'd say those would be the most useful drivers. |
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An Indonesian youtuber offers a kind of advertisement for the online gambling site company 1XBETKazakhstan man won $2.000.000 on gambling site 1XBET. 1XBET and 1XBIT are the same company? I not forcing you to watch the video. below is a screenshot ~~ https://ibb.co/Bn7PthnWhat do you think? Why does your account go from writing more legible English back in October to writing really fake looking broken English today? 1XBIT have a long history of using shill accounts and this looks like yet another attempt to entice players to their site. The OP account is probably farmed / traded specifically for advertising on behalf on 1XBIT / 1XBET. Nobody should ever believe that this gambling site has gone to new owners because it has an absolutely awful track record and no informed buyer would go anywhere near it, no doubt they have ripped off large sums from many people in the past and it looks like they're continuing the old tricks. |
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There are so many things that could've occasioned that surprised drop yesterday. While some adduce that it could be Charlie Munger's bad mouthing of Bitcoin and praising the Chinese ban of it or the US and Chinese news concerning Bitcoin or even the below table that I have shared here. Perhaps the first two fundamentals culminated in what looks like it's giving rise to what is in the picture. According to that table, the prediction is that 2013 Bitcoin price chart is likely to repeat itself in 2021. Going by that table it simply means that the month of December is going to witness a dip for Bitcoin. We saw how the other months in 2021 played out the same way as in 2013. Let's see what happens this month. But then, we shouldn't hastily forget that fundamentals have a way of corresponding with technical analysis (TA). It drives price to meet with TA and that could be what we're experiencing right now.  Original source: https://www.bitcoininsider.org/article/125425/bitcoin-btc-price-soars-past-50k-again-can-btc-break-september-jinx-post-athIf we were to take that chart as evidence then it might be a rough January as well and the correction might have only just started. You cannot point out that December is usually a red month while ignoring the following month which is - with the few data points we've got - more often a negative month. However, it should only give a general idea and who knows - Bitcoin might recover to 55k and simply sit at 54k by the end of January. If we do see more regulation from the US it could scare away a heck of a lot of people and all the big whales/funds/billionaires who went for it are likely to run for the exits. If we go by what one investment bank suggests then a fair value for it could be 35k, but they're regularly wrong on many things. |
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I reside in a country where the rate of inflation is high with a corrupted political system and tenures that have stolen the collective wealth of the nation and have crippled the economy, a high percentage of unemployed graduates who have in the last few years discovered blockchain and have gotten involved in Bitcoin activities such as trading and investments. Indeed Bitcoin has given us the economic power to overcome the crashing economy of many nations. 100% economic independent.
It's great news that people have options in a country where the leadership are clearly running the economy into the ground. Just be careful though because even with the stability that Bitcoin affords you, the money you're putting into it will have transactions in and out. If the government is able to figure out that certain people have a vast sum of stored up funds, then they may try to target those amounts with all sorts of taxes or persecution. The thing would badly run governments is they are always looking for someone who can bail them out or someone they can blame problems on that the politicians have often built themselves, make sure you stay safe. |
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Adding the Bitcoin symbol to the keyboard will scream "ADOPTION". The question is where to put the key? I would suggest they replace the $ with the bitcoin symbol... just kidding. However, it gotta go somewhere, what do you think?
Outside of some sort of specialist keyboard then it's probably going to be decades, if Bitcoin survives that time and possibly becomes an official currency in other places, before such a thing would happen. Outside of maybe El Salvador there simply is no need for it to be on a keyboard and the design is already rather optimized to make best use of limited space. One other major challenge and the first step to such a thing would require getting the Bitcoin symbol added to every single major font so it would be readily accessible whenever needed, I don't think it is integrated into many font sets at all - also, why just Bitcoin? There are many other upcoming coins that may deserve it too. |
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With fees so high, I'm wondering if big gamblers are switching from BTC/ETH to other options. Is there any data on what's being used? With limited options, what coins should a new platform consider supporting?
Edit: thanks for all the responses!
It's probably better to look at it strategically, either you're playing with fun money that you expect to lose so it shouldn't matter or you're playing with some kind of strategy in mind in which case you should look for sites that have a fixed fee so you're going to pay less as a percentage the more you win. Obviously you're very unlikely to make a lot of money long term playing a casino with fixed odds that favor the house, unless you have an iron resolve and get very lucky with a big win. If you're playing with something like a sportsbook it might be more possible to win if you've got a talent for spotting profitable and "easy" wins to increase your bankroll. |
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Charlie Munger the vice chairman of Berkshire Hathaway is yelling that it would have been better if cryptocurrencies had never existed. The 97 year old man says China made a right decision on banning bitcoin. Well I was shocked to see him speaking ill about cryptocurrencies but the response he got for his tweet was very surprising. The crypto community gave him solid replies which proves that the crypto community is growing stronger than ever. Has the revolution begun ? Source : Crypto community responds to Charlie Munger yelling at Bitcoin again It's interesting to see everyone latch on to the fact he's 97 years old and imply so many negatives about it, pure ageism. He has a remarkable mind and fitness level for that late in life. He has achieved more in his lifetime, both business-wise and charity related than many people will ever do collectively. He's welcome to his views about cryptocurrency and don't be so eager to ridicule him for it - bubbles can take a very long time to pop. He is from the era of the early stock market, he made many mistakes but has persevered throughout and invests in businesses that pay him a portion of profits every year. Cryptocurrency however is a fixed asset (ignoring staking) that purely relies on the market moving up from the point you buy it for you to make any profit at all. |
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I played on casino site some days back and won a certain amount of money, i was expecting to cash out my money instantly because one of the things that lured me to the site was the fact they offer instant payment. Its been days now and am yet to get my money. Please help what can i do in this case because i am becoming impatient
PS i forgot to add that they are requesting i fill KYC form and i didn't see this before i started playing.
Did you thoroughly read the terms and conditions? Unfortunately these days it can often be buried quite well and it is intentional - they want people to deposit as much as possible, then if on the rare occasion somebody was the win, they can reject payout on this basis. However if you live in a country like the US or somewhere in the EU, you really should expect to have this information requested all along. Any casino that allows fiat currency deposits or needs a merchant account (for themselves to withdraw profits) will be required to explain where all their money came from and the only way they can do that long term is by getting verified information from their customers. That means that 99% of casino or sportsbook owners in the crypto space will have to ask for this eventually. |
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The notion of debt super-cycles are relatively easy to understand: When a crisis arrives or a government has leeway to carry an irresponsible economic policy, bad debt is created. Bad debt means spending money you do not have in things that will not have a return on investment (e.g. getting a credit to buy a gaming console, unless you are a pro of that). That happens very often, is very easy to fall into it and only a few countries have citizens that understand that it should not be allowed (Germany for example is culturally adverse to loose policies because they still remember the hyperinflation during the Weimar Republic. The problem with that rarely governments try to reduce the debt afterwards, so the world spirals into debt and eventually crashes big every century or so. How would bitcoin do on a massive debt super-cycle crisis? https://voxeu.org/article/debt-supercycle-not-secular-stagnationThe thing is, governments are usually wise enough to understand what policies are reckless but politicians have relatively short careers in the grand scheme of things. What might help get a politician re-elected (e.g. promising to continue house price growth) is not necessarily the best long term course of action for the country, but it's what many people in the general population will be after. They will vote for any party that promises to improve their short term circumstances out of ignorance or greed. Combine that with central banks that are often meant to be independent of government and you can have a lot of conflicting interests that just care about what will happen in the next year, rather than 5 or ten years away. The end result, as you say, it just a super bubble that usually grows much bigger than any previous one. |
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If the casino had been around before 2016, the old folks here must have been there playing for awhile and then leaves after seeing a thread introducing a new casino. But maybe you also come back to check the old one. What are your reasons why you come back and play again to an old casino you once left?
Solid and original games are always going to hook a certain group of people - if they are attracted to one that is only on a specific site then the familiarity might draw them back. It can be a pain to figure out how new games works so lots of people stick with what they know. For sports betting sites it's possible, if you sign up to a few, to determine that certain sites will give you better odds than others. If you go with the site offering better odds, you're more likely to retain more money in the long run because the spread works in your favor. You'll also often see that casinos send out promotional emails to people who haven't visited in a while, so it can be beneficial to have a break occasionally and watch for any email offers. |
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I would like to set up a wallet for each of my kids and start saving accordingly. I am not sure it is the best idea to create new accounts with DEX's under my name where the future owner will be my kids. Any ideas on best practices a for this?
It's a strange concept to setup a wallet independently for a child. It makes sense for a savings or stock market based account, where it could grow every year at a different rate and separate from your own personal funds. However Bitcoin is static - it's not changing over time. It'd be simple enough to just mentally separate the funds in your account to allocate x amount to your children, rather than dropping it into different wallets that could possibly get lost or have different problems with accessibility in future. The best way to do it might be to pick a physical cryptocoin provider you trust or something like the ledger hardware that gives you a safe, readily accessible physical wallet. |
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Some of you guys must have watched high stake slot players in their pajamas rolling thousands of dollars in single spin, buying hundred of thousands worth of bonus spins. If you notice closely yo will found the same pattern all over again and again. They start with loosing most of their bank roll (almost 80-90%), and then going all in at last and guess what, bingo!!! they hit hundreds of thousands of dollars. Very few of them write in their stream discerption about rolling with fake money (or money of which they can only cash out like 1%). Almost all of them scream loudly and show us that they are winning it in real, some are very good at faking it, which attracts lots of new gamblers (with false expectations) and they end up loosing it all which ultimately leads to social disharmony.
The argument they provide is as follow, ''we are entertainers/performers''. This need to be stopped. I am creating this thread to discuss such issues and to warn other new comers about the potential loss. If you have found such streamers please post here so that it can be helpful for new players to make realistic decisions.
While there should be no doubt that many streamers out there are fake and given casino account balances that have not been paid for at all. It's worth a reminder that lots of (at least the ones not provably fair, usually fiat currency) of casinos will rig the games depending on the historical user deposits and remaining funds. These casinos want to keep players engrossed as long as possible, they want players to chase the few large wins while ignoring the many small losses. Just like real world casinos which are psychologically geared towards creating habits and confusing gamblers, these online sites can be even more devious when it comes to squeezing money out of players and will run all sorts of algorithms to maximize the amount you spend with them. |
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When we think of inflation we usually think of how much food, electricity or gasoline costs.
But there is another aspect as well: how much it costs us to buy financial assets.
The above chart at first glance may appear to be due to the strong performance of the 500 largest U.S. companies. But this is misleading: I believe it reflects more the effects of massive printing and inflation than how companies are doing.
The charts for the stock markets of countries with high inflation are similar: the more currency printing and inflation, the more the stock market rises.
That the S&P, which has an average return of about 10% on average has risen 30% in the last year is sobering. Let's think that in November 2020 we were already out of the stock market slump that was the COVID.
At the end of the day, anyone like me who has money invested in the S&P 500 can't be too happy about the 30% return because if we discount inflation it comes to almost nothing.
I'd say it's a clear sign that governments all around the world have been buying assets and printing money like crazy. It has been going on for far too long now, pretty much since the 2008 recession and it kicked back into overdrive mode at the start of Covid. Sure, they might have averted an immediate recession but it just tends to push the problem down the road and now we're starting to see runaway inflation. It's going to hurt a lot of people when interest rate rises kick in - credit has been so cheap for so long that people won't be able to cope when their mortgages start to double or triple in cost in a few years time. It was reckless behavior by central banks and rather lazy, they tend to change their minds and adapt too slowly while claiming to be super experts. |
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