|
The market should not make you feel. That is a characteristic of investors that are not sure about their investing decisions or think that the result of their investments is determined by luck, have not bothered to understand what they are buying, are in for the wrong reasons. Feelings, and any fund manager can tell you about it, are just an undesirable side effect.
|
|
|
|
|
I agree with Hydrogen, the new alt-right has a libertarian component built in and it would not be strange to see crypto friendly legislation and initiatives. Previous projects trying to integrate cryptopayments have failed mainly because VISA and other, by means of their partners have pretty much stopped in its tracks anything that did not have a very clear KYC and anti-laundering. Let's see how this goes in Brazil.
|
|
|
|
|
Centrally issued currencies, whether these come from a stable and democratic government or from other type, are not what we really understand as crypto, but rather a digital currency that has more or less the same properties as cash, with a bit of faster and more convenient payments. Just imagine if any government promised on a credible manner that they will not issue more money as per their political convenience... that would be crypto.
|
|
|
|
|
I think that blockchain and AI are compatible technologies, but for now they do not offer any particular synergies insofar as creating a self-feeding loop that could potentially make a project grow. Unfortunately, AI is a buzzword like robotics, drones, genetic, decentralised... It has been so manipulated that it is nearly impossible to tell good from bad and even the good projects have limited chances of success.
|
|
|
|
|
I think that the latest price movements are related to this new regulation. While China has made similar moves in the past, SK is much more influential as there is a huge amount of trade, particularly if you look at the size of the country and the population. Part of it has to do with the fact that many you Koreans just cannot have access to a home of their own unless they belong to the top 20% of students or wealthy families.
|
|
|
|
|
As always, price is about demand and offer. The bitcoin offer is fixed and it is perfectly known to decrement every 4 years. The cost of producing it is as well superhigh and increases continuously. An increase in adoption and circulations means more demand, more fees, thus a higher price is inevitable. The next steps in adoption would mean an extreme jump in value, similar to the ones registered in the past.
|
|
|
|
|
Kind of betting on what in the stock market is called penny stocks... shares below a buck and listed in very alternative exchanges. Anyway, there is a good reason why these chains are almost at zero value. The reason, oh surprise, is that these are worth nearly zero and the valuation is usually correct and based on the very limited chances of these recovering and ever becoming of value.
|
|
|
|
|
Survive, that is an interesting term. My take is that it will keep existing with our without Elon as there is a sufficient number of users, it is listed in several exchanges and I am sure there are some big holders that are interested in keeping the chain alive. Which brings a interesting question, how low or how little known does a coin have to be to be considered extinct? Even if it is worth a cent, it is still a cent as long as someone out there mines trasactions.
|
|
|
|
|
It would depend on the legislation and on the chain. Normally, any attempt to commit fraud, e.g. pretending a transaction has taken place as ordered by the owner of an asset is illegal in most codes around the world. There is no such a thing as a "licence" or "terms" of use of bitcoin or other chains - at least that I know of - so whatever laws are there apply.
|
|
|
|
Everyone’s wish is to have a good and dream future which is more brighter than any other thing else, but by so doing, some loose the ones they have gotten already while others tends to gain more and add to their fortunes, thereby making them more famous and relevant. The Bible said “Hold thou fast which thou has” so there is no justification for you to loose the things you have gotten but this don’t always stand as some people are ready to gain even the one which you have accumulated for yourself. In my life, I feel better to gain than loss because;
1.Winning and gaining is what am in this life for
2. Gaining will make me more relevant in all endeavors than to loose
3. For me to get engaged in many things, then my mindset is determined already
on gains
4. I say yes to the pains because no pain then no gain, therefore I should have
more.
Please, do not use capital letters, is quite distasteful. I will just ignore your comment about the Bible - is not a self-help book nor a real guide for life, it is just a faith book. Anyway, life is not about winning or improving or anything else... unless you want it to be about that. All that chatter about "rules of play" just for asking "should I take a risk?" which anyway can only have one answer "it depends". |
|
|
|
We have transactions fees, to avoid creating tons of transactions and increase the blockchain size to a extreme amount.
Those transactions fees are sent to the next user who is the miner.
How would the economy of a coin would change if instead of sending the transaction fee to be mined, the transaction fee was frozen and 1 year after it it would be sent back to the wallet. The user wont lose that money, but still can't keep making tons and tons of transactions to spam the blockchain.
You mean, not paying the miner in fees, only by bitcoin generation. Well, in the short term it might even work, but long term you need to pay for the transaction to be registered, so fees are kind of the motivation to keep the miners active. As of now, since a successfully mined block would anyway have a compensation in bitcoin, it could be OK, as surprising as it may seem. |
|
|
|
|
I recently listened to a discussion on which assets could actually be better to protect or even profit from inflation. This comes as most of the developed world is suffering the consequences of a soaring inflation and several pinch points in the supply chains and the international trade, such as a massive demand for freighters and severe queueing in ports.
How would you defend yourself from inflation:
- Buy bitcoin
- Buy more commodities.
- Buy REITs or real state.
- Buy stocks of listed companies.
- Buy art.
- ... any other?
|
|
|
|
|
My bet for today would be on Atletico - Getafe. While technically Getafe is not part of Madrid, they are close enough to have public from both sides on the stadium and Getafe stands a chance of giving a big surprise on mere impulse and luck. Objective odds at the houses may get this completely wrong - to our advantage it is. Getafe is so low on the table that could present an opportunity.
|
|
|
|
I think Spain government has taken this drastic measure because it has seen a huge spike in gambling from young people of age 18-25 which is the future of the country being impacted by those ads and not being that effective in their society and work.Most teams in Spain are sponsored and has always been sponsored by such ventures,gambling ones and they will lose a good portion of their revenue.Spain has taken this measure because it is affecting its economy by taking a huge portion of the youth absorbed in gambling as I see no other explanation to be such aggressive in a new law.
That is an explanation however this is not the correct way to go about this, a society that prides itself on how they are so liberal cannot go around banning gambling ads, what is next? Banning alcohol ads because the young are drinking too much? The young are not going to stop doing it just because the governments does not allow advertising anymore, and the same is true with gambling, the young will do whatever they want and they will keep gambling even with this ban. In my view the goverment is trying to prevent gambling adictions. The young have now the internet gabling that was not available before. The companies that run the sites add pretty much zero value to the Spanish economy and create many external negative impacts, namely impacting on the young´s minds. Gambling is for adults and I should add, only for responsible adults. |
|
|
|
|
Underage gambling is happening everyday, but, for me underage gambling in zero ability games and with sums of money beyond a mere playful kind of thing are certainly a no-no. I do remember that when I was young and Internet did not exist, we had to come up with games to play with other and many time involved some short of wager. Nothing wrong on that.
|
|
|
|
my record 40 times in a row <49.5% Thats so unlikely, it shouldn't ever happen & if calculated using probability theory the odds would be like winning the lottery surely. Thats about 40 coin flips coming up heads, obviously if I was angry about the loss I'd just assume the game broke or was bugged in some way. It is true afaik that computers cannot generate random numbers by themselves, they require to source data from perhaps radioactive decay factors etc. I doubt thats being done for a dice game hence perhaps highly unlikely events. However if it occurs as loss, it might also appear as a win. Anyhow I think I prefer the crash game multiplier over dice, it always appears with bonkers results seems like. Yes, I recalculated the chances of such an event, and even taking into account the fact that I played huge long game sessions with dice (I tested different strategies), it turned out that this should not have happened. But it happened to me personally and I even took screenshots (unfortunately I cannot find them since it was several years ago). If an analytic solution to the probabilities of multiplayer gambling is too complex, you can always try a Montecarlo method approach and see the odds on a distribution. Nowadays, even a small phone can make quite a few cals per sec so it should be very difficult even if you want the product to be in real time. There even has to be a tool out there already. |
|
|
|
I don't see how blockchain can be used to track all the inside transactions simply because there is not a single project that covers all three parts of the blockchain trilemma. For example, Ethereum is decentralized and secure, but it's not (yet) scalable. Solana is scalable, but it's not decentralized as we have seen few days ago when they suddenly decided to shut down the entire network. Once there is a blockchain that covers all three in the blockchain trilemma, then it can be used for tracking casino's inside transactions. You don't have to solve all of them to use it on a casino, and it's impossible for a casino to have a decentralized bookkeeping since there has to be an owner in that casino but we can make the blockchain out of their control and make things public. If the blockchain that a casino is using is not decentralized and one person (the casino owner) controls it, how is it different than a normal database where all the inside transactions are stored? Just like the owner of the casino can delete transaction from a database, he can delete transaction from a private blockchain. For example, if someone could delete an Ethereum transaction, what would I do with that transaction hash? Nothing, because it doesn't exist on the blockchain because someone deleted it. Perhaps the solution to this could be an innovative blockchain that could actually show proof of fairness without giving away the details of the games played, the payers, etc... something that could potentially give you enough confidence, yet still be acceptable for a commercial entity or for a community driven project anyway. Just like Monero shows proof of transaction but does not reveal anything else. |
|
|
|
Personally I am a fan of both, but if I had to choose between the two then I am choosing skill based. Poker is my all time favorite card game or game that you can find at the casino and when I say poker I mean actual poker, none of that online crap or fast play poker, I like poker when you actually sit down, take your time, bluff etc. When you take bluffing out of the game it's just not as fun.
I agree about online poker - the dominance of bots plus grinders who, with the help of special software, play simultaneously on 20 tables, completely kills the spirit of the game. I would love to play live poker, but most of my friends are not into it and poker itself is prohibited in my country. Yes that is certain, using fake players that actually have a budget paid by for the house or even worse, the bots, may kill the whole purpose of trying to get better progressively or just trying to play with people of similar skills so that the game is fun and unpredictable. I think that eventually, customers of sites that abuse the system eventually go somewhere else. |
|
|
|
|
TO be honest, I never thought of this as an issue related to gender. There is always a minority of people that will get hooked on things like drug, alcohol, gambling, buying Lego collectibles, smoking, collecting NFT,... there is always someone out there that will loose control one way or the other. I dare to say that most people will loose control at some point about something. I do not see any point on the article just pointing at the gender.
|
|
|
|
Woah, I'm sure that if this is for real, it can be easily attacked by some smart lawyers. I mean, if I have a successful business I have to partner with another private business only for the sake of it? This must be incorrect. Why would I help another private business? It's my business, I have to find the ways for enforcing KYC - maybe with the help from another company, or maybe not. It should be my decision... Anything that is related to finance and trading is strongly regulated and these regulations vary a lot between countries. Believe or not, insider trading is allowed in Russia for example, but, in theory, the SEC throws people in jail for it. ... Never mind me, I have read the news, but four exchanges were included to have complied, or is there anything I am still missing? In 2022, the government will also introduce a crypto capital gains tax; investors who make over $2,135 in trading profit will face a 20% tariff. Which means it will be imposed on the rich people in the country or anyone that has such huge profit. We hope capital loss will also still be deducted first as the net result before the capital gain is calculated.
... You are not missing anything I think, there are just 4 exchanges of the possible tens existing. You do not have to be rich to make 2k in profits. Most traders make that in profit, before losing it after of course  |
|
|
|
|
Show Posts
