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Bonuses would be a good gift for Christmas for gamblers, the extra funds that will be given will be a lot of help for gamblers who want to play at their site, this also helps them as they have a really good bonus then players will flock to their website which increases their traffic which is good for the business, this also psychologically persuades players to play more games because they felt that they haven't lost that much money yet.
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I have gone through the whole article but none of the information have impressed me that the speculation is correct. It’s possible that he lived in London but the proof inside isn’t satisfactory at all.
Even if the article have a satisfactory findings, I do not think that it is worth it to look for the identity of Satoshi, no matter how many times someone looks for him/her it will be futile, you will not find a person/persons if they are do not want to be found out, in the case of Satoshi, the exit plan is perfect, he/she left a legacy that will spearhead a neo-economic revolution. Word of advice for Internet sleuths out there still trying to find Satoshi, respect his/her tacit wish to never be found. As the saying goes, never meet your heroes. |
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Nobody knows.
After that halving we are having one more crazy bull run. We are already very close to ATH and it looks like it will keep going up.
This is best time to have fear. Do not buy more than you can lose.
Be brave when blood is on the streets. Not now.
Hopefully this run will be higher than 2017 run, the valley is the same and mid-December is arriving and hopefully by that time, a new all time high will happen which will be a good indicator that in the next 3 years, the valley will be replicated but the prices are higher than the last time. I do agree that buying in this time is the least profitable for small buyers, on the other hand companies can stake on it and get some profit although it will only be a measly percentage because they are late buyers. |
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Why do people keep on thinking that the government can ban bitcoin? To ban bitcoin, they will have have to ban the central authority in their country. But bitcoin is decentralized and has no central authority. To ban bitcoin, the government will have to "ban everyone" that is helping the bitcoin network stay active which is impossible. If it was possible, wouldn't the government all around the world already put a ban on p2p torrenting? Secondly, the government can't suddenly tell its people to stop using bitcoin and abandon everything they have.
They can do it, if you are underestimating the capabilities of your cy then you are dead wrong, they have the ability to ban websites and services that are connected or even acquainted to bitcoin if they want. There might be some that will slip through the cracks but the witch hunt will be unforgiving if they want to and financial institutions will be in support of the government effort to eradicate traces of cryptocurrency because it is a threat to them ever since. |
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you are correct. back in 2017 price went from start of $150 to $20,000 then collapsed to $3200 then back to $20000 again.
in 2021 we will have the same thing too. the price will go from the start of $3200 to $500,000 then collapses to $100,000 then recovers to $500k again.
If the valley pattern will be replicated then that can only mean that everyone can just hold their coin and wait for the next valley replication. I hope that each iteration of the valley, the price of bitcoin will not be the same as the all time high of the latter valley, someday and hopefully we will reach that amount. |
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The gambling site that will put this player protection feature on their platform, is really concern about the welfare of their players, but their revenues will suffer, they will have good feedback but their revenue and income will suffer, they will have to think between the two what they want to achieve.
There is no sane businessman that will do this, this is the anti-thesis of business practice, putting customers first before profit. In my opinion, this is not a good practice anyway and there are other ways to get a good review without the revenue, give them something for free when they register as a player, something complimentary like how physical casinos give free drinks to the players. Besides, stop loss feature will not work all the time as most gamblers do not have a self-control even if they say it. |
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This is like playing with fire... At some point, the scam will get you even if you are just risking the profit you already get, in the end, you are risking money that should be in your pockets. I know some people who use to do what OP says, bet on the new ponzy before the owner runaway and some time they win and other they lose. If we play with fire at some point we get burned.
If you know how the scheme works I think you can profit from it, maybe it is quite controversial but if you know how much money you are going to let loose. Personally, this is not a good way to earn as most of the time you are estimating the amount that you want to put with lower chance of being swindled. Best thing to do about this sites is to report them. |
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This is crazy news because $100 Million could hardly move the markets, it's an amount who had an impact. And in another hand, this is a great promotion for the casino because a lot of users who want to avoid taxes on a big win will always prefer to get the payment on bitcoin. So, I hope to see more casinos doing the same move in the next months.
If this continues, government will sniff out this scheme and they will be forced to comply with it, especially European Union, they are comprised of many nations and the laws and regulation that they will pass on will be a problem for this online gambling websites. Considering that bitcoin is still a grey area for most countries, it is still not safe to say that it will be the best move. |
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Yes and no! Casinos in South East Asia are heavily dependent on tourists. If no one travels, there are no customers. The local population doesn't gamble a lot, firstly because they can't afford it (especially not at the present time) and also such casinos are specially designed for western or Chinese customers.
If I am right, casinos online are different with physical casinos when it comes to getting a permit. In my country, they are cracking down on this online casinos because most of them are not registered. The gambling economy in my country is not affected because most are situated in Chinese dense areas like China Town, and condominium units so I do not totally agree with the statement that tourists are the source for physical casinos, my country is in SEA too. |
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It is not yet mid-December so we can assure that it will shoot up to more than 20k, if the valley from 2017 happens again then chances are the prices will surge higher than the last peak, I believe that we will reach a new all time high.
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Retirement account that is all bitcoin is not a good option with the current volatility, although there is an alternative for this which I think is better although it is still a concept, why not make a Index fund that trades in bitcoin, it is much better because it is long term and the return is somewhat competitive and good. The problem with this one is that it needs to have a good trader manager with a great portfolio, it will be difficult as most traders choose to remain anonymous, but with current start ups that plans to join the hype train, I think that in the near future we will get there soon.
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There is no cold storage for bitcoin, even though they do store it, the amount will circulate just like fiat stored in banks. I think this is not a good thing because we all know this retirement plans will be return a very low yet competitive interest, most of the profit from the growth of the stored bitcoin will come straight to the pockets of the institution big wigs, the best thing that they should do is offer a bitcoin oriented index funds which considerably grows bigger than returement funds.
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Money is pumped in the economy constantly. But those people that get it are buying stocks. Stimulus checks are spent for goods and not fro stocks. So this is right way to pump money in the economy. Even better would be to build needed infrastructure.
Putting the money in stocks does not necessarily means that the economy is doing good. Economy might be suffering but the market is prospering. The solution that I can see is that they should limit or completely stop helping the big companies get back on their feet, they spent most of the profit for stock buybacks and now they ask for the taxpayers help in this time. |
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That chart is pure bull fuel. We'll see if it holds in the future.
Charts like this can be self-fulfilling prophecies.
I don't think 20k is moon, it just sounds like chump change for what Bitcoin could get up to, but despite its large marketcap the technology and usability is not there just yet. As always if you're not ready to kiss all that money good-bye, don't invest it in bitcoin.
It looks like chump change but I do not think that it is a lot consider that this same valley in the market happened about 3 years ago, this might look cliché but the pattern is likely to happen again, maybe it will extend to January or it will dip mid-December. No one really knows what happens in the market but the patterns can be a helpful reference and there is no shame that someone is basing from that. |
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Bitcoin is one of the digital currencies created by Satoshi Nakamoto. Bitcoin cannot be killed by anyone because bitcoin is loose and bitcoin cannot be controlled by the state or private companies.
They could stop it in a way although this will only get the demand higher and the prices bigger, they do not want their capitalist homies get angry because the masses are not enslaved to their bureaucratic cogwheel. They knew that stopping it in a blatant way will make the masses angry which could lead to something worse, they are in it for the long con, they want to cripple the market in a way that no one will pay attention to it at first glance which will be terminal once it is obvious. They also see the positive lights of bitcoin and I think they are more inclined to benefit from it rather than stopping it, this is just my speculation, the government might be indifferent to the surge. |
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Fiat has more leverage to be honest, there are more institutions that are more inclined to do business with fiat money and I think that leverage is a big problem for someone who wants to get rich via crypto currency. It is still possible although you will be facing a lot and the biggest one is volatility, like the bitcoin market volatility, your place as the richest in the world will also be volatile as your asset changes in prices every second. The other problem is that you will be a big sitting duck for financial institutions to criticize your assets and your business model, they also are lobbying with government officials which makes it harder for you as laws can bind you down whenever they want to conspire against you.
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Next big thing would be acceptence of Bitcoin and other crypto coins on a real-time basis which is bit difficult due to volatility, developers should focus on how to make cryptos usable like any other online payment method or the purpose it's developed instead of just leaving it as a investment medium because the core objective of crypto coin is to make our lives easier and upgrade ourself with next level of technologies which is need of the hour.
I feel Bitcoin and other altcoins needs to focus on adaptability by having tie up with tech startups and gradually move on to wider range of audiences.
It will be difficult because there will be cables needed like in the Stock Exchanges so the prices are relayed as fast as possible. This will not be just developers in action because infrastructures are involved if we want to achieve a real time basis for ever fluctuating prices of bitcoin. I think that adaptability is already happening with more tech giants integrating blockchain technology on their system like Paypal, it will only be a matter time and all systems requires to be blockchain integrated. |
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Knowing these probabilities might be helpful to assess your exact chances of beating the opponent, however, I don't see much point in memorizing or copying them somewhere and keeping in sight during the game (maybe if you're a beginner). The thing is - if you're a regular player you realize all that intuitively. For instance, I never had a clue what's the probability of being dealt a pair or three of a kind, but it has always been obvious that the latter one is much cooler  On the contrary, I think that some kind of dynamic probabilities may come in handy. I mean some kind of guides or calculators (even better) that would show you how the probabilities of holding a certain card will change depending on your decisions (especially useful when you decide whether or not to discard your cards, and if yes - which ones), because in this case, things might be less apparent. Sadly, I've never seen anything of the like. It was not my intent in the first place, I posted it here because I want to see if there are other people that might be curious behind the math that is happening when they are playing poker. I do believe too that there isn't a need to analyze it on this level. I do not think that they will allow this table to show on games because anything that has numbers and percentages are eyebrow raising, does not matter if it helps or not, it will be a problem in game. They are using this probability calculator on poker games, especially the tournament ones for the viewers to see whether the player has the advantage or not. |
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Imagine, gambling isn't really a necessity during this pandemic and if the economy is getting affected too much, it is really a great step for the government to act in order to help the economy somehow be stable through putting a tax on most of the business that doesn't really get affected by the crisis as people who participate are those who have spare funds. It is also reasonable to put almost double of the tax added to the current tax they have since they aren't really banning anonymous gambling. Gamblers are still having their freedom to choose which platform should they participate in. In addition, putting this tax might also help people to decrease their contact as they might be discouraged to play in casinos.
I think they will also be going to tax online casinos too. It will be difficult though because some casinos are not operating in their territory which means that jurisdiction might be difficult. In my opinion, increase in taxation in gambling is not a bad thing, many people play and the house earns a lot, I think that it is fair to get more from them, even if there is more online players, there will still be people playing in casinos. Remember that tax is not a bad thing, it is just the ugly truth and we need to accept that, remember that public works are funded by these taxes which develops a nation. |
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Nice list, for me the biggest job in the cyberspace besides programmers is Content management, it is the biggest one for me because a lot are vying to get to the top search of the search engines and businesses pay a lot of money just for that. I hope that someday these jobs are dominated by cryptocurrency integrated system for salary.
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