People like the odds at gambling, making anyone dream around the potencial income from it. To people trust into such betting games they would need to see all clear, we all know casinos were made to profit, the only thing that happens is that bitcoin is changing hands and the casino taking their fee.
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Well sure there is life into gambling for those who have the casinos and such projects, they always wins. Having a life from gambling only are very risky and you never know what may happen tomorrow around the game, soo isn't for sure a step to follow since its very risky even being very profitable and attracting thing, better sure then nothing.
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Well I don't see why with 30btc no one can fund a casino, I believe you will spend 10 btc to make a good script and layout, then you must make promotion being from signature or networks companies soo lets say 7btc a month to massive advertise your project.The success or not will always depend from the community accepting and trust your project. Casino plays with members money soo those should be more then enough to handle payouts ,if the house gets around 1% on each bet above it makes no sense and this fee may not be enough to cover all the costs to run such project.
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I love this game and paid rooms even more, im able to make something like 100ksatoshis daily income playing here I don't see any difficult as its easy to watch and then play fro free and start to learn the game. In the end you will need just 20% lucky and around 50% skill to be able to survive and get your reward.
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I believe bitcoin besides move the current fiat to digital transactions, will be an option as investment as gold and others currencies and will work well with fiat being both at the same side. Just something that all knows, bitcoins without fiat worths nothing or almost nothing ,as one day we will be able to survive paying our needs with bitcoin, something that currently isn't possible, bitcoin needs more fiat support that the reverse.
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The only business that had really affected bitcoin price for a while where some exchange that had some issue with withdraws and made people panic to fast dumping their coins at the time from the 300 to 200 dollars. Casinos hold a huge amount of bitcoins they can scam and took your coins but make pressure into bitcoin price no.
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I believe that last month the lending service here has boom has people requested the lending and we all were knowing the price should and would grow, soo they took a risk lending more then some collaterals may worth nowadays. I personally don't like the websites that allows anybody to lend and fund others taking a huge risk to loose all the coins, its insane to loose bitcoins this way.
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China miners don't control bitcoin price, even having loads of money and a good ammounts of bitcoins. Early adopters, take an example as Nakamoto, the creator of bitcoin with a huge power to affect the price anytime, those is the people behind the bitcoin value. And yes bitcoin can be and is being manipulated the same way others coins and currencies are from their countries.
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Bitcoin will turn and advance all currencies into the future, being the show off , at bitcoin the huge potencial to handle any amount of money saving a lot of fees that are wasted nowadays. In fact such show off as banks are making their own blockchain to handle their transactions .
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With bitcoin currently for anybody that invested and the result weren't roi and around 100% return for sure the savings at the moment are winning as value has doubled very easy. Soo at this time I would choose savings against investment as the risk between them are huge.
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Although $700 is somehow significant, i think this will still go up. Everyone should be hoping bitcoin price should go up else we're not going to profit. If btc price drops down below $400, this could be the start of new altcoin that will gradually goes up nad perhaps turn to be the major later.
Anyway, excited to know the results of halving.
Only fear I have personally is that miners stop mining and that will result in having the Bitcoin network insecure and could result into panic selling as well. Why would miners stop mining as they are able to make insanes ammounts of money with bitcoin? These question will happen into the next 50 years as the coins will be less and less, soo core should be thinking how they will motivate miners to keep their hash protecting bitcoin.
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The market has already long anticipated the halving.
My prediction is zero effect on the day of the halving itself.
I believe it will have some more effect ,but bitcoin new value should not move more then 10-20% the current value. Last month bitcoin 400 dollars, last year 250-300 dollars value soo I believe the halving has happened already, sure some may try to pump even more but its bitcoin, and to pump it needs several money to make it happen.
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Yeah you are right 2016 maybe the year of bitcoin to go even further,,cause the 1st quarter of this year bitcoin has struggled and go down up to 250.,and after months bitcoin awakened and go up at 780,,well see some big changes on last quarter of the year.
half of this year have been passed,until this june bitcoin price really shocking us,some people predict that bitcoin price will to the moon when halving or after halving,but this month we are notice that bitcoin price have raise so high. This is a good news because we are still half year and we have already witness a good success on bitcoins, and with the current halving that is happening in the 2 half of the year we sell great changes in prices and would likely to end up to $1,000. The main difference with the current price and the past prices, when it achieved the 1000 dollars is this time bitcoin has a big community supporting it, being solo miners, big farmers and several holders. Bitcoin its just readjusting the value as the miners rewards will go down, it makes pressure into the miners and they are for sure the reason under the pump that should cross the 800 dollars this year.
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Bitcoins have the amazing property of decentralization and anonymity. If government will intervene it will have both positive as well negative impacts on this cryptocurrency. It will be more or less fiat. Then there will not be much difference between both.
Bitcoin has it decentralization that makes it different from others currencies, if government act to regulate it will mean mainstream, we would be regulated our income would has a tax to pay the same way people has to pay with fiat. At my vision if they come to regulate bitcoin would be good, if they just come to tax or take control of the coins for sure no one would allow them to take a look into any portfolio.
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If bitcoin drops to 1 dollars that sounds impossible nowadays, to this happen Nakamoto should drop his/her coins come and hit the bitcoin with something very bad news, even on that way the community would decide the future of bitcoin. Considering I believe into bitcoin for me those moment would be the time to buy and hold for a long period.
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Its wizard bitcoin being something illegal with soo many projects supporting it as casinos, porn websites, faucets, exchange, hosting providers. I believe bitcoin has presence at almost all kind of online market. If it weren't allowed those projects wouldnt be running, the countries may not have a position around bitcoin. Before bitcoin there are several projects that are illegal, hyip and others Ponzi ways but they keep running and some of them using bitcoin now.
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What do you do with your btc?
I give them back for free...every 12 hours to who claims them...funny...not? Its a funny thing but you aren't giving all of them. I believe you run some kind of faucet or similar program, anyway currently im saving some coins expecting a better price and at the same time im investing into new project.
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Truly bitcoin is used in illegal activities. Recently came through a website which provides service of killing people. The websites gets payment only in terms of bitcoin.
Of course its just for criminal activities no doubts about that and its also logical that this is happening. Its right now happening with every currency and I think its not bad because we cannot influance this at all. It happens for every currency, in more or less every country in the world. it is the natural progression of the illegal marketplace, and I'm not surprised at all that something like this exists because there will always be people that are interested in getting another person killed, through one means or the other. I personally dislike the service, but I don't care whether or not it exists. Full agree with your comment, all kind of money being digital, printed money will always be used for good and normal things as well the bad things, it comes with the money. We hate some people and we sometimes say we will kill , there are people that take serious competition and kill for nothing, life has no value these days.
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I don't see any interested into member account even saving some time besides that are this account worth such amount these days?
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For an active faucet the price isn't expensive but how to monetize your faucet without adsense there are few networds paying enough to keep faucet live.
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