It is both a bit about crypto but a bit about regular world finances as well. In the regular world finances we get to see stocks and other stuff crash once every decade or so, we also see that they are not going to be able to live like this forever because the idea is screwed up and it is not sustainable unless governments keep printing money all the time, what they could potentially do is move away from something that is not sustainable and move into something that would help everyone.

Now that means they are moving away from traditional markets, which has nothing to do with crypto, but the part that impacts crypto is that when they are moving away, they picked crypto as the place they move to, which is the reason why we see these high prices even with a fall.

Bitcoin is achieving that already, although this PayPal that came in now has kind of changed a lot on how I believed businesses would have accepted it. PayPal has an option for merchants to accept Bitcoin through PayPal, and a lot of Businesses might decide to go for that option instead of making use of Bitcoin direct , because the PayPal wouldn’t let anyone that’s using another wallet to make payment to that business unless they are making use of PayPal Bitcoin, so it wouldn’t be a good idea. But there are still businesses that are using Bitcoin.

The three things you have to know about Bitcoin is that it is volatile, the transactions done with it are irreversible, and it is not anonymous. Yes some people might tell you that Bitcoin is anonymous but it is not anonymous, for you to be private when making use of Bitcoin there are some efforts required and not really everyone is ready for that.

As for where I said that it is irreversible I have seen some people say that you cry to reverse the transaction in some ways, and I have seen them list ways that such can be done, but it would be best for you to be careful when dealing with bitcoin, especially when you’re the one that’s sending the Bitcoin.

What do people think casinos are all about? I mean did you expected a casino to ... pay you? I mean that is not how casinos work, it is not a place where you come to make free money and get rich, those are usually the results of Hollywood movies and not real life.

You can't sell a movie based on the premise of someone constantly losing on a slot machine for 8 hours straight, you can hire the greatest actors in the world and you are going to still not going to get any money at all from it because very few people would watch it, they just make that one person who happens to make a huge win the real topic.

Do not expect casinos to not "suck your money out" because that is all casinos are about and they give you fun and entertainment in return.

Nobody will be getting your KYC information just to destroy it, obviously they are going to keep it for legal reasons. At the end of the day stake may want to get a lot more legit, and I respect them for it, but as long as I can gamble here without giving any information about myself, I will keep doing that, there is no way I would be willing to give my KYC just for some few stuff.

However if one day it is required to give your KYC to start gambling, and you can't even gamble without KYC (or they might make it worse, you can gamble but can't withdraw) that means I will stop gambling here, there are a million other places in the world where I can gamble with crypto without giving my KYC and I will just pick one of them and continue with that instead of giving my KYC information to anyone.

At the end of the day there is a big chance that people might actually trade bitcoin no matter what the price is, obviously it could take longer than expected to get used to trading at these prices as much as they did back in $10k days, but it will continue to get more and more here as well.

I just do not feel like there is a reason why it should either go higher from here or lower from here, it could stay around these prices for a very long time, like over a month, without ever going 10% in any direction. Just stay between $18k and $20k levels for over a month or even maybe two. That means people will get used to trading at these prices and they would be capable of not being afraid of trading at these prices. That is going to be the difference in some time if you ask me.

Everyone has the same type of story, either not getting in earlier when they could and were here but decided not to or they bought like people imagined they should have but sold too early. Which goes to show you that first type of people could have been second type of people as well. I could have bought $100k bitcoins at 1 cent each if I knew it right? Even if I did that, I would have probably sold at one dollar, or few dollars at most, I would have waited until $20k price was reached or more.

The amount of profit I would have made would have been too much for me to ignore. This is why do not see yourself as someone who missed an opportunity if you didn't buy earlier, and do not be upset that you sold too early neither, just be happy with whatever you have accomplished.

All of it seems quite possible to me, there is no scenario where 20k wall is too big to fail. We have seen multiple resistance levels that looked like they were "too big to go above" but we broke all of that and went above, funny thing is most of the time we went under just to go over it again like we were trolling that level. So, I say we will go above 20k, we will go under it again and go over it again just to screw with it.

There is no resistance that is too big to break, we will break all of them and one day be at 6 digit numbers too, just not right now. Could we go over 20k right now? We definitely can, and probably will, but that also doesn't mean that we have to, resistance is there for one reason only, to tell people it is hard, sometimes people get scared and sometimes don't, we will see how people will react.

I understand that if you can pump your coin and shill it or hype it in bitcointalk you could potentially make a lot more money. Plus even if there are people who are irritated by your presence here, if you can convince even just one person here, that means one more person you have invested in your project than you otherwise can't. However isn't it better to do it with a proper announcement topic, a very decent community person and maybe a signature campaign that pays very well to many people that lasts a long time?

I understand that costs a lot but isn't that the whole purpose of getting paid? Which is why I would rather say that the best way to advertise is not this, writing thousand topics shilling is not the way to go, it is better than nothing at all, but MUCH worse than what should be.

Practice is also a huge part of training as well that people should not forget. After all that is something you could manage without too much problem since practicing could be even the easier part. Learn whatever you want to learn, study whatever you want to study, but at the end of the day if you do not practice it, you are never going to be good at it.

What you should probably do would be find a place that gives fake money to test trade, that way your money will be fake but the market movements will be real and you will have a chance to see what you would have done if the money was real and learn if you are doing it well enough to move to real money or if you need more practice. After you are good enough there, you can move to real money and test there with smaller amounts and grow after you trust yourself to do well.

I really hope that people do not focus on the governments and the companies that got involved with crypto because they are not really something that lasts forever, they are things that we should consider as temporary and that's it. This is why I believe it is vitally important that even if big nations like USA or UK or even China (which already does every few months) bans bitcoin totally, we still get to buy and sell our bitcoin as much as we want as high amount as we can.

Remind ourselves that bitcoin wasn't created to appease governments, on contrary it was created on contrary to them when all they cared about was helping bit companies while screwing over those companies workers. Governments are not your friend, they are corporations friend, or whoever bribes them.

Bitcoin will live forever I believe, but just like people said in the past, when the internet became a thing and when dotcom bubble happened, we all knew that it wasn't really a "bubble" because some companies would have survived and made money.

During that dotcom bubble we had amazon go down historically and it was one of the hundreds of companies that became worth nearly nothing at all, while all others went down and became nothing, amazon became one of the biggest companies in the whole world right now, because it stuck with the idea and didn't cared about what people pay for its stock price or assumed what it was and they got super rich thanks to it in the end. Basically crypto will have a lot of bubble bursts that will destroy many coins but in the end few will survive and get be more than we can imagine.

I hate it when both sides talk this big and I have said this before as well. Whenever people talk about how bitcoin will replace fiat or gold or whatever I see those people as idiots, no doubt about it, no arguments, they are just idiots or they are just liars who would like to make a point by saying grand sentences to get attention because attention whoring is the only way they could stay relevant.

I hate it the same when people talk about how bitcoin will go down to zero and nobody will ever use it and it will crash and burn and bla bla bla, those are equally wrong and equally idiotic people as well no doubt about it. What we could potentially have here is the fact that bitcoin could be a strong alternative to everything else, not just fiat, not just gold, but everything, and stay as a very powerful alternative.

Yeah, we should not be counting on these huge companies to take the miners off our hands. There are talks about how Paypal did this, also about how grayscale bought more as well, and talks about even microstrategy is helping. These are all huge companies and to think that they would be of any help to you or me if it wasn't in line with their own profits would be idiotic.

The moment they realize they could make a lot more profits by just shorting, they will not only buy incredible amount of short futures with serious high leverage that would yield them insane amount of profit when bitcoin prices go down, but they will also sell tens of thousands of bitcoins at their hands to make it actually go down as well, and rebuy when the price is lower too in order to not lose any money along the way.

Yup, that’s accurate, both DEX and Centralized exchanges have their own advantages and disadvantages, they are all good in their own ways and bad in the other.

I think the reason why a lot of people are not making use of decentralized exchanges is because they are not aware of the kind of dangers they are exposed to while making use of them. Then there are some who are aware of these risks, but the reason they don’t want to use decentralized exchanges is because they can’t keep their keys safe, so they use CEX to avoid that responsibility. And possibly high fee is another thing.

I don’t think so. I wouldn’t say that technology is rendering fiat money useless, rather I would say that I easing the way we transact money. You can’t take away fiat, there are still people who needs to make use of paper money and the best you can do for them is to let them make use of it, and as for those who understands what the technology is all about, they should also be free to make use of other means that technology has created for us.

First it was just paper money, and from we had PayPal and other similar platforms that made things easy, next we had bank apps, and after that we have cryptocurrency, all these are here to create a better way of making transactions

It is not about resistance but it is about the willingness of people to go beyond it. If there is a small resistance, or even no resistance at all at a price but people do not want to go beyond that because everyone is in bear mode and selling all they have, they will definitely end up selling and dropping the price, we will not be breaking over the tiny small resistance just because we are going down and not even trying to break it.

Whereas if people want to break a resistance, and we all get together and try to break it, no matter how big or giant that wall looks, we will be capable of breaking it and going above that. Hence I think it is quite important that we focus on what people want and not where the resistance and support lines are because in the end what people wants will be done.

I do not believe that it has to be mutually exclusive to do either of them. If you want to hold you can hold if you want to trade you can trade but if you want to hold and trade at the same time you can do so as well. For example if you have 10k, just put 5k in hold mode and put the other 5k in trading. Wouldn't that work?

I have to say I have never done something like that before so I can't say if this would be an idea that would work out or not, maybe someone who has done something like this could shed a light on the subject, however I believe it is definitely doable and that way you would both not miss opportunities but you would also end up with making a lot of profit with holding as well.

I would say DCA DCA DCA, that has been the greatest tip I have ever received because it has worked for years without fail, it has never really resulted with any bad loss in my end ever. It is something you have to be patient with and it is something that shows unrealized loss time to time as well, but the more you do it, the more you realize with patience and DCA together you are going to earn a lot of money.

Obviously I am talking about it awesomely right now because bitcoin increased a lot, doing DCA during 2018 was a big challenge and it kept giving me worse and worse results the more price went down, but thanks to that I was capable of getting out a lot quicker than many people if I wanted to.

Yeah discord is the place to check, it is refreshing because normally many casinos have a telegram channel and not really a discord, but I prefer discord a lot over telegram since it is much more complex and gives a lot more freedom to discuss things.

I am part of 16 tokens right now, all those projects share a lot more stuff, with chances of having announcement pages to chats to mining related to many other stuff including even off-topic where you talk about regular stuff. So at the end of the day, discord is much better and acedbets went with that way and I think if you ever gamble here, or if you want to take part in anything related to here, you should definitely go with their discord and try to not miss anything, which would definitely help you out.