Global bitcoin adoption to hit 10% by 2030: Blockware reportI am surprised to see that bitcoin adoption is not yet up to 10% of the world's population. See the blue arrow, where we are in 2022, very not close even to 5% of the world adoption. With bitcoin presently at $30000 and having over $500 billion marketcap, I thought the world's adoption would have been more, but not, but an opportunity for people to buy bitcoin.  “With Bitcoin direct financially incentivized adoption creates a game theory in which everyone’s best response is to adopt Bitcoin.”
Bitcoin, like the internet, smartphones, and social media, also derives benefits the more people that adopt the technology, which is known as the “network effect”.
“Case in point if you were the only user on Twitter would it be of any value? It would not. More users make these technologies more valuable.”
However, the authors of the Blockware report stressed that the model used to predict the rate of adoption was only conceptual at this stage, adding it is neither meant to be used as investment advice nor a short-term trading tool and it would continue to be refined. However:
“The general trend is clear; there is a high probability that Bitcoin’s global adoption will grow significantly into the future and thus so will price.” Although, this is said to be conceptual but adoption is what most likely will occur. Some people will be saying it is too late to buy bitcoin, just like some.people said in 2014 when bitcoin price was at $1200 or below, some people also said so in 2017 when bitcoin reached $19600, some people said so when bitcoin price reached $68900 in 2021. Following bear markets and then rise again and reach all-time-high. The probability that six digit is possible in the next long lasting bull run is very high. No one is late to make the continuity of the adoption possible.
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What's wrong with using Electrum itself? After all the software creates the wallet and encrypt/decrypt it itself and it is the best option to use instead of some third party application that may be buggy in best case scenario or malicious in worse.
You can remove the file's password inside Electrum by going to Wallet > Password option from menu and then entering your password and leaving the other two boxes empty.
Otherwise it is trivial to look at the source code and write something that decrypts wallet files using AES.
I used this method for the unencrypted means to backup the file. But what about if I backup the wallet encrypted and my laptop is damaged and I want to recover through encrypted backup file. Is it possible to buy another laptop, recover the private keys from the encrypted file backup if I download electrum on the new electrum wallet downloaded on new laptop? Though I will have my seed phrase too in case that does not work. Does the wallet actually store 2 master private keys? I thought the mnemonic was a representation of 2 but one of the keys wasn't stored in the wallet, one was and one was with trustedcoin? I'm just curious if this is going to be usable for people who lose their 2fa and only have their wallet file if 2 of the keys are stored there.
If you have disabled TrsutedCoin and make it 2-of-2 multisig, you will be able to access your two private keys on the file backup. |
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I used OKX recently, I was not verified because unverified users do have option to withdrawal limit. I left the exchange for like a month and I deposited to the exchange like three weeks ago. I wanted to withdraw from the exchange after successful trading and it made it mandatory for me to provide my phone number. There can be a time that I can be forced to provide my identity documents like driver's licence, nation ID or international passport. We should not forget to differentiate between centralized and decentralized exchanges. But I like the exchange service and it is one of the best exchanges I have used thus far, but it still remain a centralized exchange, you can be asked to verify at anytime if you have coins on the exchange or not in a way you may not be able to withdraw just as I was unable to withdraw until I added phone number. Let us go into the real matter. Recently I on the exchange, I saw wallet, I clicked on it, I was thinking it would be a centralized wallet, I asked on this forum about it, but later checked it also myself too through a link because I can not use a centralized platform to create a wallet. This is how it looks like:  You can generate a noncustododial wallet on a OKX exchange, the people using the exchange can be forced to do KYC but have used the site to generate a noncustododial wallet. This is just a way to link centralized exchange to what supposed to be a noncustododial wallet. Which means privacy is totally gone for those that make use of this together. I will not recommend this method to create a noncustodial wallet, it will link your noncustododial wallet to your exchange and no privacy possible again for such person. I am not recommending the wallet, people should not use it. But just a question left, is it open source or close source, I did not see anything related to the wallet on GitHub, not to talk of checking the code, or am I missing something? |
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Asking the government to regulate the social media is more like asking for the regulation of people's right to freedom of speech and interaction globally.
It's left for people using social media to be self aware of how they make use of the media.
I don't think it is the work of the government to regulate social media, most of this social media are owned and operated by individuals, by right it is the duty for social media operators to be strict on users in the way they use the social media for their online business. But it won't be possible for social media to be regulated by their owners because these social media platforms need users to advertise their business to generate funds. You people should not get me wrong. Taking bitcoin for example, it is decentralized and people can have privacy with bitcoin. Okay, how about centralized exchanges, they are centralized and have KYC people needs to be verified, no privacy. Let us relate it to social media, no privacy as most people are posting and discussing about themselves, but a way to keep scammers among to remain anonymous and untraceable. Even if the government can not regulate social media, it is still a place to lose privacy and yet a place scammers can be anonymous which needs attention. |
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OKEX's is also non-custodial apparently[1] and from the look of it, I'm guessing its forked from mm but just like Coinbase's wallet, it's not possible to know for sure if they also have access to your private keys or not, since the wallets are not open source.
Sorry that I edited the OP to 'del' almost immediately that I posted it, I was surprised you were able to know the OP content. I deleted it because I later got a link on OKX exchange to learn more about the wallet, immediately I saw seed phrase when I clicked on the link, I noticed it is a noncustododial wallet. I was about to report this list now to the moderator to delete it and I saw your reply, I highly appropriate your reply which is the reason I edited the post back to the original post. But I just know that it is not worth it to still use the wallet because OKX may be able to link the wallet to your identity if you are verified on the exchange. |
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Slots is not only the existing gambling, generally both sport and casino and other types of gambling can be addicting, that is why it is good to use the amount of money you can afford to lose to gamble. The problem of gambling is when someone is using large sum of money which is beyond his capability. It is not only slots that are addictive, all other gambling means are addictive. But what makes it most addictive are people that think they can make a living, earning, profit from gambling which will not be what will happen as the person continues gambling.
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I am using electrum, I created a 2fa wallet with it. I wanted to be able to access my two master private keys while the third is with TrustedCoin, I imported the seed phrase on another electrum wallet, I disabled TrustedCoin and made it 2-of-2 multisig. I removed the password and backup the wallet file. I used text editor to easily see my two master private key.
But I will prefer file backup with my password included, but if I backup the 2fa wallet with my electrum password enabled, I was unable to read the wallet file on text editor as it is full of what I did it know.
I think the password of my electrum makes the file to be encrypted which is safer. Is there a way or a tool I can use to decrypt the file?
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A means to earn money. When I read this yesterday, the ethereum address adyingnobody posted had 44 transactions as of the time the news was published. Maybe this is just a scam I guess. Because if nothing is released and the account just become inactive ever again, that means the donators into that ethereum address have been scammed.
Secondly, it is good to be careful of malware which is what people are warned about, it is better to just stay away if you do not know how to avoid malware because this can lead to a spread of malware as people are really waiting for the released of the promised information which may not even be real and may contain malware.
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To be sincere, this topic is not helpful and not needed, it is not useful and does not have any quality at all. Please try and create a meaningful topic next time. All ranks are important. The more you rank the more you understand this forum and things better. REQUIREMENT FOR CAMPAIGNS
Another place this number 120 plays a big role on the forum is when it comes to campaigns, because to most campaigns, one basic requirement always needed to join has always been, how many merits were you able to gained within the past 120 days. That is, now using the number ‘’120’’ as now a timeframe for measuring one’s eligibility with reference to merit earned.
There are many campaigns on this forum, but this forum is for learning and contributing. This forum is a place you meet people online to communicate what is happening around the world and most importantly about bitcoin. This forum is not about joining campaign. Sorry that I post this, but you put in so much effort on what is not needed. |
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It's bet to quit and stop when we're on the losing streak because aiming for more could only make us lose more. That's where gambling addiction usually starts. Putting limits and knowing when to stop is necessary so we could manage our funds right. There are really days that we'll feel unlucky.
If a gambler gambles and he has lost, if he continues to gamble, he will continue to lose and got frustrated. That is just gambling, any loss will only trigger more loss if the gambler continue to gamble at that moment. But aside that, a gambler can take high risk and lose big with money and properties, that is an addiction, such people need to quit for time being or forever. But having a risk management plan and able to use just that and not going beyond your risk management boundary will help in a way to manage their fund right while also not gambling frequently will help. |
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Do you take advantage of these features or do you think they don't worth? Do you have any strategies to play and increase your profit through rakeback or do you just ignore it? By your experience, have rakeback ever been profitable for you?
This is what every poker player will want, it is not common on any other Casinos. But this does not mean there is any advantage added to win but just a way someone lose and be given some amount back and plaay with it. The best is to just ignor it and never think it is existing and have fun with your poker game. Rakeback is an important thing to have in casino, real players cares about it as they can get something back if they lose while wagering or they can get extra money if they win while wagering.
But what I noticed is that I have not seen rackback in any other casinos before but only Poker casinos. I do not see it as an important feature than a way for poker players to be encouraged and have more time to play more. |
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In reality, yes we can tell if a certain match is considered fixed or not. But what evidence can we refer to as solid proof? What we just do is make speculations as even if that match is fixed, we can't back it up properly. There are obviously fixed matches and that really happened, but without a claim officially that there's something wrong behind that match, that's the only time our speculations will be answered.
The reason I have preferred not to go for small ones that are not common, those are the ones that are most likely to be fixed, others that are international are not fixed. Although rigged games do really happen, I think it's not that happening or present anymore at a recognized international league. Why these leagues will ruin their reputation in the first place when the fans are the reason why they become BIG. Maybe in small leagues established locally.
Once it comes to international, it is not possible, fights can not be fixed just like other sport are not fixed, only the ones that are not recognized or well know can be fixed. |
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On OKX exchange, I saw exchange and wallet, it got my attention today that the wallet aspect will mean normal wallet and not exchange, but I was thinking it wiukd be like Coinbase.com which are not noncustododial wallet. I clicked on wallet and I saw this image I have But it is indicated that the wallet is decentralized but I am not sure. Has anyone used this wallet before, is it truly decentralized and it will generate seed phrase? Or it is just centralized like Coinbase.com? |
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You do not have to bring be topic about UEFA Nations League on this board again as one is already existing and OP do not look like it should be a topic but rather just a post under a topic, there is an active thread you can ask for opinion or leave you opinion The UEFA Nations League 2020/2021 Discussion Thread
Always try to search for any topic you want to bring up on this forum before posting about it, even not only in just gambling board but on other boards as well. |
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Isn't it a bit too early to make a survey that will truly reflect the experience of El Salvadorians with Bitcoin adoption, left for me this period should be focused on building the interest of the citizens as regards Bitcoin adoption, the major problem I have seen with the El Salvador Bitcoin adoption is lack of adequate awareness in the general public and this makes it look as if the president is forcing a strange currency on the citizens but with good orientation the level of El Salvadorans interest and knowledge will increase. Quite a large number of the population have little interest in Bitcoin simply because they lack the basic knowledge of the concept.
There is nothing bad about the statistical information, but should not not be related to adoption, but to just what is going on among people and bitcoin in El Salvador. Most of El Salvadorans are not even having bank accounts, bitcoin education is needed. This process of learning bitcoin in the country can not be an abrupt process but rather a gradual process. Also with how bitcoin is used by citizens of El Salvador, it is just a sign that no one is forcing no one to use bitcoin, it is just an alternative to their fiat but better and increase in value over time unlike fiat. It can even be a means other governments of the world to know that bitcoin can be made a legal tender, most of them are thinking bitcoin may replace their local currencies but what is happening in El Salvador now still showing otherwise, that people will still use fiat. |
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In luck based games such as roulette and slot we can only strategize as much as we want but the rest will be up to the luck you possess. It's either the odds will be on your favor or not. Meanwhile, in sportsbetting, a person must have the skills and knowledge need to determine and analyze what might be the outcome and whose team might win.
This will be achieved by only doing an in depth research about the subject before placing a bet. Knowing the history of the team, the coach, their track record of winnings and losing as well as the personality of each member will help a lot. And then of course you hope for the best. Because after all, no matter how strong a team is, tables turning at the latter part of the game is always possible.
This is exactly the reason I prefer sport games, in Casino games like dice, roulette and many others, some people can say they have good strategy they are using, but I have researched if this is true, I come to the conclusion that those type of games are just Casinos and requires nothing than for you to just depend on your luck. But in sport games, if we can still consider how people can analyse, choose strong clubs with fit players and yet a strong club draw or lose to underdog, though having higher chance to win but win is not always guaranteed. Because of this, is still also prefer to consider both casinos and sport gambling as luck, just that one requires analysis than the other but a single match won is still based on luck. |
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I hope this should be true, in regard to cryptocurrencies, I see paper worse than Coinbase and other custododial wallets before as you can buy and sell cryptocurrencies supported by PayPal using PayPal but you can neither receive or send cryptocurrencies, but if Paypal users are able to do that now, it is good to hear, although there are varieties of options before that can be used to access crypto and noncustodial wallet. Crypto gives the ability of self custody, I always wonder why people still prefer to use custododial ways to keep their cryptocurrencies in a way they can never have complete control of their coins.
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I am not very familiar with gambling bots, but they are not different from trading bots, trading signals and other things that promise automated process of becoming rich. Everyone knows that free cheese is only in mouse trap, yet people still ask silly questions and try to get rich by doing little or nothing. In my opinion, gambling bots will work until you hit internet lag or you gambling account gets banned. Webpage admin often monitor for automated actions and apply measures to stop it, also, arent such bots prohibited by ToS ?
Gambling bots and trading boths are bots, but trading bots are even better, although trading bots too are not advisable at all, it is better to learn how to trade and trade yourself than falling victim of loss because of trading bots. But gambling bots are much more worse, because it can automatically play for you continuously and you keep on losing money. I have heard about a person that have traded by himself successfully but later tried bot overnight but just woke up to noticed his thousand dollar has been used to gamble by bot and lose all. I will prefer to gamble myself than using bots. |
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That is why it is good to be wise enough. There are messages like that that do come strange people on Facebook, I usually ignore them and one day a girl chart me up on Facebook messenger, telling me he is a student from a particular university from my country. I know already she is not from my country but pretending to be from my country, she is able to answer my questions very well that I thought she would not be able to answer, but I knew it was a scam. Two days after, she demanded for money. I quite wasted her time, I knew she only wanted to scam, sending me fake nude pictures and videos. The scammers can even be a man, but doing all things possible to convince their victims in a way they can believe them and then demand for money. |
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I'm going to sound cynical, but I don't care at all that the scammers managed to scam someone on social media.
You are right about all what you said and including this one too, but if exchanges and many other places are to forice their customers to do KYC why are social media not force their users to do KYC? Social media are full of scammers. Anyone on social media are their not to have privacy, requiring them to do KYC will be better if exchanges are to forced their customer to do it. Information is important in life, people that have knowledge about scam can say people that are scammed on social media and dating sites are foolish, they are foolish but the government can try and reduce this through KYC document requirements. Although it is truly foolish to intentionally send money to someone that you do not know and that you know he has nothing to lose if the person is gone with your money. |
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