Bitcoin Forum
June 01, 2024, 03:19:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 ... 482 »
3101  Economy / Gambling discussion / Re: Sports icons and Covid19 complications on: October 28, 2020, 06:36:37 PM
^ Soccer is a game that really breaks the general safety rule for covid 19 because players will really need to have physical contact with their teammates and their opponents. Though some players and people behind this sports might get infected by the virus because of physical contacts it is not a risk that these folks should take only because of their fans instead also for their living and to the economy for players do pay taxes as well which the government needed badly nowadays in order to survive in this pandemic. We might think that sports are only for entertainment and betting but they also play a big part in our economy. A team that will have an infected player may get an impact on the team's performance but it will not affect the sport in general.
3102  Economy / Gambling discussion / Re: Card Counting in Blackjack on: October 28, 2020, 06:20:56 PM
I don't believe that card counting would work in such a game. Never tried this while gambling alone, will try to do it but I guess that after seeing some comments here, I shouldn't really try it as it may get me banned.  Undecided
I'm not a blackjack player, and I don't know card counting but it takes a lot of concentration to do this, I don't know is this possible because the card is shuffle so fast and it takes a big amount of concentration and if you can follow how the card is shuffle, obviously they will caught you by just looking at your reaction and your eyes.
^ Card counting has been discussed in the forum multiple times and it is a traditional technique, but most often blackjack players could not resist doing it for it is one of the best strategies to win and recover losses. However, the casinos have identified this type of strategy and they are prepared on how to prevent it, that is why some rules have been made because the casinos are also an industry that needs to earn profit for their own expenses, Though I may consider that there are lots of gray area in these rules especially in banning a player for it will be hard to ban a player in physical casinos for this particular player can still go to another casino, same as with online casinos it will be very tough for a player can still go online using a different identity. Nevertheless, what matters most is when an individual prefers to play gambling they must be ready for the possibility of being controlled by the house in their winning period.
3103  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 28, 2020, 06:08:00 PM
~snip~
As we all know, the Bitcoin is experiencing a decent price increase and it is slowly but steadily rising every day. Has it affected your gameplay somehow?
Some gamblers think if the price is so expensive it would be difficult to get profits.

How about you?
^ In my own, changes in the value of bitcoins won't affect the profit in gambling for whatever or how much you bet in a game will still depend on whether you lose or not. Every gambler barely knows the current value of bitcoins every time they play, and besides casinos would definitely provide a winning price that is also fair and square to both parties, the players and the casino. What probably may change is how the players would spend their bitcoins in gambling if they know that the value of bitcoins is consistently rising each day. Nevertheless, at the end of the day, it will be one's discretion on how he will keep or spend his bitcoins in gambling.
3104  Economy / Exchanges / Re: [Survey]Do we need to provide KYC documents in any cryptocurrency exchanges? on: October 24, 2020, 09:46:52 PM
For prohibiting money laundering, asking the personal documents, and proving the ownership is required because of the age limit. It is the same in the gambling world, the suspicious activity on exchange and price manipulation will be easier if there was no KYC. Well-known exchanges have the right to request KYC and I will not hesitate to send it in order to continue using the crypto exchange. Maybe multi-accounting or using the same IP address due to VPN-proxy services can cause this but having a verified account is always the best choice.
^ We have nothing to do just to accept the fact.
KYC now is a part of a licensed exchange that everyone would know about it through your post. But I like the move of Binance, having their own rules that implemented and the none KYC verification. Nevertheless, just follow what they mentioned above, it's quite useless.
3105  Economy / Economics / Re: PayPal to allow cryptocurrency buying, selling and shopping on its network on: October 24, 2020, 09:32:06 PM
I think the best thing to do for now especially for those who are doubting about Paypal is just to wait for reviews and testimonies of those who will buy or sell Bitcoin through it. It's a great adoption and it will surely bring a huge impact on the whole cryptocurrency world. Paypal is still a huge network but I hope that more platforms and International online merchants would accept crypto as well.
^ There's nothing interesting because as I know if you will buy bitcoin using Paypal you cannot withdraw your crypto. Because as they say, you cannot transfer this into other accounts. You can use your cryptocurrency in buying and selling only that means they are a sort of an exchange where you can trade bitcoin to fiat. But if you will purchase bitcoin for holding purpose and transfer to your cold wallet, it is impossible. Nevertheless, if you are not concerned with your privacy, you can choose Paypal.
3106  Bitcoin / Bitcoin Discussion / Re: Did bitcoin lose its value? on: October 24, 2020, 09:15:13 PM
At the moment bitcoin is trading at $ 12919, it is clear that bitcoin has had very good gains in recent days.
The cryptocurrency market operates in a different way from other financial markets, as evidenced by the fact that bitcoin has remained bullish during the pandemic and downturn.
^ Because bitcoin was not pegged with any currency, the price was determined by the demand and supply only not on other cryptos.
If the internet were down and there is no ability to access bitcoin, probably that was the time bitcoin will lose its value. But I don't think that will happen, bitcoin was on mainstream, and possible this would become a digital currency that could be used as a cashless payment method to avoid physical contact which is very useful to follow the pandemic protocol.
3107  Economy / Gambling discussion / Re: Gambling thoughts. on: October 24, 2020, 09:08:58 PM
almost same answers in majority and it looks like all is responsible gamblers though for sure when in casino or in gaming those rules are not being applied and losses still what they get lol.

But nice sharing of thoughts meaning many gamblers understand what they are doing but just happen that they forgot to do when in action.
Well, just because we are all here have knowledge of gambling and we are educated very well about gambling. That is how the community sharing their ideas and thought on gambling. I did not share mine because all of my answers were the same to them, -- speaking of being responsible, I think we are all the same here. That is why we are impossible to get addiction just because of gambling. So luckily that is the truth to us here.
Addiction is the main threat to the profitability of gambling activity, sooner or later the gambler will lose the amount won on previous rounds. It is not impossible, the loss sequence can be longer than what we planned before the game. Adjusting money management rules and hoping the streak will turn in our favor can be the beginning of an end.
^ If you think gambling is a form of generating profit then you will always think like this. Because I believe that the longer you are in gambling the more chances you will lose your money or the worst is, it will wipe out your entire balance very fast. We have been discussed here about self-discipline should always apply in our self to control our emotions in gambling. Nevertheless, I will answer the last question of OP.
5. What is the best advice that you can give to a gambler?
Gamble always the amount that you can afford only and give always priority to your family before you will spend money on gambling.
3108  Economy / Gambling discussion / Re: Gambling License on: October 24, 2020, 08:24:11 PM

But off course I don’t trust online casinos at all specially that ratings and licenses are easy to fake or even it has provably fair unless its a skill based or sports betting I most likely preferred.

Online casino can be risky because regulation isn't having more concentration by government. Many of the casino are not surely into sincerity, people complain of scam. When scam is complained about, you can't do anything to it.
^ Nah, you are wrong. Gambling casino that has operated with a licensed will most likely have a good reputation. Why? because they always have audited by the licensing services that operated fairly to their clients. I will never doubt a gambling site that operates that has a license. But it depends on the length of their service not just because they have licensed and regulated by the government. Nevertheless, small tips for you. Never use an unlicensed gambling site because they are very risky.
3109  Economy / Speculation / Re: Predict the bitcoin price range as we enter the New Year on: October 24, 2020, 08:09:52 PM
~snip~
Personally, I’m thinking option 4 ($12,001 - $14,000).

It’ll be interesting to see the results.
^ Interestingly, probably you were right that bitcoin will hit the price of $14k. We are now on $13k plus range and it seems just a little bit and you will hit the exact prediction. But sorry, I am much more optimistic than you. Bitcoin price will become $20k at the end of the year at it will continue until the new year in the next year. If you will listen to the news, most likely it is positive since last month and I think this could be the reason bitcoin will continue growing. Paypal announcement and the halving effect could be the most reason and the US election will probably also boost the price.
Nevertheless, I will choose the prediction between the range of $20k up to the moon.
3110  Economy / Trading Discussion / Re: Different level of risk in crypto currency trading on: October 24, 2020, 07:58:29 PM
^ For me, there are two tradings that have a level of risk. The riskiest in trading for me is day trading which is you need to monitor the crypto market 24/7 a day. The less risky is long time trading, which is I feel safe because you only have to do is wait the market becomes bullish and your profit was there. Nevertheless, when we talk about trading, it is expected that there is a risk. We should know this from the start because if you don't know how to manage risk it will end up a loss for you.
3111  Economy / Speculation / Re: how many Bitcoin do you need to live comfy in event of hyperinflation? on: October 24, 2020, 07:35:45 PM
The market varies with time. We can't have a precise calculation on the number of bitcoin required for a comfy living. Maybe in today's calculation one bitcoin is enough, but we don't know how the market is gonna change tomorrow. So, it all depends on the market fluctuation.
^ Definitely right, because the price of bitcoin was determined by the demand and supply which the bitcoin price based.
There is no exact amount but if you will keep even a small fraction of bitcoin weekly or monthly, there is a possibility that the bitcoin will pump up again fast and I don't if you call this hyperinflation. Nevertheless, let see and wait for what will happen next, but at least, we're good enough.
3112  Economy / Economics / Re: In COVID-19 everyone needs motivation on: October 24, 2020, 07:26:49 PM
^ We are still hoping that the vaccine will be discovered as soon as possible and it will be distributed all over the world without worrying about the cost of the vaccine. Just like only rich people will survive because they can afford to buy vaccines. Motivation should always there even there is no pandemic happen, that is a part of our lives in order to survive in the human race. Nevertheless, this is instinct to people who keep fighting with the virus, if you are careless of your hygiene, probably the virus will easily transmit.
3113  Economy / Speculation / Re: Bitcoin broke $13k today on: October 24, 2020, 07:14:32 PM
13k is like a hard reach for Bitcoin, and I would expect that it will still fall down by a bit to 12.9 although that's just my guess, because it seemingly like stretched really hard to reach 13k at exact though it is a good price to sell a few of my coins but meh gonna keep holding my coins cause this time's are still quite tight for my coins to get out of my wallet right now.
^ That is a good perception, if you did not have any important matter to buy, just hold your bitcoin. As of now while posting this, we are on the price of $13,124 in the market and it seems $15k for the end of this month is not impossible.
There are too many factors to consider and the reason for bitcoin grows. The main factor probably is the announcement of Paypal that adopting bitcoin. But if you are monitoring the market and hoping to gain a small profit during this FOMO, you probably better to watch the market because there is a chance that bitcoin will pull back and have a small correction.
3114  Bitcoin / Bitcoin Discussion / Re: Thinking Bitcoin is Scam on: October 24, 2020, 06:55:01 PM
Just know that anyone that labels bitcoin being a scam have little or no knowledge about it. The majority of them were scammed by participating in high-yield investment programs and they concluded by calling it a scam. There is nothing that existed that does not face or have a major drawback. Even paper money has but it is better to focus on the positive rather than the negative ones
^ Definitely right and you have a point right there. People who don't know what is bitcoin will always be scammed or next to be scammed.
HYIP investment that using bitcoin will most likely end up scam and then because they are using bitcoin they think that it is a scam. How about those Ponzi scheme using fiat that also an HYIP Ponzi scheme. They are also scams. Nevertheless, we can't blame them, instead, having a small correction to them will probably enlighten them from the fact and the truth that bitcoin is not a scam. 
3115  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin do you think will become next Ethereum? on: October 24, 2020, 06:15:03 PM
It is very difficult for one coin to become the next bitcoin or ETH. Bitcoin and Ethereum are the only coins in the cryptocurrency market and no one can replace them.
Among the coins chasing ETH I think XLM is a very good coin, it has a strong development team and it is trusted by many projects.
^ Op is asking coin that next to the ethereum, and that is not mean replacing the ethereum and bitcoin.
Probably coin now that has the potential to be next on ethereum is BNB or Binance coin. I see that there is community support and they are very active in giving updates to this coin. Nevertheless, this coin will always have potential once Binance exchange will continue operating and there are no scam reports that probably ruin their reputation that they always protected.
3116  Economy / Gambling discussion / Re: Online Gambling could be used to pay for covid problems on: October 24, 2020, 06:45:41 AM
~snip~
Plus, I imagine that the same rule would still be in place even without the Covid. This probably just gave them a suitable excuse to implement such a rule. Though it isn't exactly without benefits, but honestly, even without it, gamblers would still be quite happy with their lives.
^ But at least through the gambling companies located in EUROPE, their government had to find ways to generate revenue for covid victims.
Probably this is the best way to get fast recovery their economy from the suffering of the economic problems that most countries were experienced. And gambling industries really had useful resources that help to boost economic growth. Nevertheless, since they are regulated gambling there is no way for them not to pay taxes that implemented.
3117  Economy / Gambling / Re: 🐺WOLF.BET - $1,000 Daily Race! 30% Rakeback! Advanced Dice Game🎲 2.000 Bets/s⚡ on: October 23, 2020, 07:32:33 PM
I certainly lean towards the former, what about you, have you changed your attitude to BTC and are you actively trying to get more of it be it through gambling or other means?
^ Good to see that there are still gamblers who are willing to lose their fund in gambling despite the pandemic. I was expected that most commonly have the same problem, the financial problem will most likely are all facing right now. Now, I almost change my self during the lockdown, I did not spend my money even on gambling and also my bitcoin. My attitude towards bitcoin is just a form of investment but not for the purpose of money. Nevertheless, congrats to them.
3118  Economy / Gambling discussion / Re: Just a Question... on: October 23, 2020, 07:15:31 PM
~snip~
 I think the majority are using telegram these days TBH
^ I agree with this. Probably vast of the majority in gambling websites promotions using telegram. I admit to myself that discord will better than telegram but the easiest way to use and handle community is a telegram. Probably OP recently used gambling sites are using discord but as I know, most commonly are in telegram. Nevertheless, some gambling sites are having their own forum, not in social media telegram and discord.
3119  Other / Archival / Re: Why you should not use Paypal for Bitcoin on: October 22, 2020, 01:27:04 PM
If anybody wants Bitcoin, I mean really wants to own Bitcoin, then there is no point making the purchase through paypal. There is nothing to gain if they do that. It will just become a burden in the future. I believe there are a lot of other options available when buying Bitcoin. P2P purchases are the best way. If there's none found, they better do it in exchanges. At least they will be allowed to take their Bitcoin away immediately after having it and then keep it somewhere safe where they own the private keys.

It seems paypal itself does not truly understand Bitcoin at all.
^ For people who don't care about privacy, Paypal is the best option for purchasing bitcoin since it is very easy to use and has a wide variety of industries that accept Paypal as a payment processor. I don't see any problem with using Paypal to purchase bitcoin and it is good if we have different ways of purchasing bitcoin in an easy way. However, this will bring good benefits to the bitcoin that gain massive adoption. Nevertheless, let see how the result will going on upon the recent announcement of paypal that accepts bitcoin, let us do hope it will have a positive result.
3120  Economy / Speculation / Re: PayPal to open up network to cryptocurrencies on: October 22, 2020, 01:02:41 PM
^ There are a few big events right now and Paypal adopting crypto is apart of it which is a result of bitcoin price pumped in the market since yesterday in just an hour. Probably many investors jumped to crypto investment because the stock market was down recently. And now Paypal adding more impact to the bitcoin price. With a large number of Paypal users, for sure bitcoin will pump more until, at the end of this year, it is indeed good news to us. Do you think it is the right time to celebrate regarding the bull run?
Pages: « 1 ... 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 [156] 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 ... 482 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!