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It would depend on the rules of the giveaway set by the manager, but if I had to choose I would prefer to split the prize between the two gamblers who reached closest to the picked number. I think there is no reason to be greedy desiring the whole prize for yourself, while you can share it with someone else and still receive a very decent amount of money. Both sides win in the end, everyone is happy because they are going to enjoy their prize!
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Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.
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Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue. If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.
Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again. I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k. Support is strong at 19,000$, but it is unlikely for now that bitcoin is going to surpass the 20,000$ resistance line and keep stable above that price. At least that is what most recent tendencies show us, because as soon as btc approaches 20,000$, the price suddenly and sharply falls down to the support level. Unfortunatelly minor news are maintaining bitcoin's price downside, while what we need in fact are positive major news to change the tendency upside. I guess this year is lost already. Maybe next year holds a brighter scenario for crypto (I hope so). |
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Metaverse was a marketing strategy launched by crypto speculators to initiate a new hype to replace NFTs, so they could continue profiting with crypto. Anyone creating a 3D environment nowadays entitles it to be a metaverse, while in fact it already exists since the beginning of the internet with the first online multiplayer games where players could have their own customizable avatar and walk freely through different scenarios.
Now that crypto market has hit a bearish season, projects in general, including metaverses slowed down a lot. It is likely many of them won't make it to the end, what is positive for crypto enthusiasts, since many investors won't lose their money investing in low potential projects.
It is still a mistery, though, what metaverses are being developed to stay (and if there is any).
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These are the elaborated top tier pump and dump schemes, because they invest in expensive marketing through celebrities, going beyond the usual pump and dump scheme which relies only on cheap marketing (bounty hunters) for advertisement.
Some people might invest because they follow and like the celebrity involved, but in most cases I believe people buy the idea because they think if the project has enough funds to hire a fancy promoter, it must be a solid project which isn't going to die soon, otherwise they wouldn't be investing so heavily in celebrities.
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Any children's exploitation is disgusting, especially like it is done on this awful platform (or social media?) Tik Tok. Besides the usual worthless dancing brainless content to lobotomize the masses (using kids too quite often) they also feature children in precarious situations, facing the consequences of war, hunger and poverty to go viral and feed the audience which somehow enjoys this kind of content. After all they ask for money, although it's not clear how it is being distributed exactly. Very shady practice, but common on third world realms and in the depths of internet.
Tik Tok is full of businessmen/managers who use and exploit others' images, especially uneducated ones, for their own benefit, like the character Stromboli in Pinocchio's story.
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The best for bitcoin is that Satoshi's identity remains a mistery forever. If at some point his identity were revealed there would be serious chances the impact for btc would be very negative. It could lead investors to panic selling and the mainstream media to create lots of narratives about the hidden goals and purposes of the creation of bitcoin. Maybe it could mean the end of bitcoin, being it replaced by an altcoin, probably ethereum.
Anyway, although we are curious about this matter, I think we should be just thankful for his invention and for all the fruits gathered so far.
If his identity is revealed there will be negative effects on bitcoin, but not to the extent that it is the end of bitcoin, bitcoin will always exist and thrive as long as our needs remain. Satoshi is the creator of bitcoin and he can hold a lot of bitcoins but I guess he can't control bitcoins either, so his presence won't change the decentralized nature of bitcoin either. Let's say bitcoin is over, I see it's also the end of the entire crypto market, there's no reason why ethereum or any other cryptocurrency should ever replace bitcoin. Not all deserve to sit in the place of bitcoin, centralized altcoins. That is a risk to be taken if his identity is revealed. We don't know exactly the dimension of such consequences, but I've read some speculations on the internet saying it can be heavily harmful to bitcoin if it happens and it makes sense, because investors would avoid bitcoin if they thought they were being manipulated by a hidden agenda controlled by few individuals, since the proposal of bitcoin is decentralization and going against groups of power. About ethereum I mentioned it because it is the natural second choice, as eth is the most popular chain for projects/tokens developers. |
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The best for bitcoin is that Satoshi's identity remains a mistery forever. If at some point his identity were revealed there would be serious chances the impact for btc would be very negative. It could lead investors to panic selling and the mainstream media to create lots of narratives about the hidden goals and purposes of the creation of bitcoin. Maybe it could mean the end of bitcoin, being it replaced by an altcoin, probably ethereum.
Anyway, although we are curious about this matter, I think we should be just thankful for his invention and for all the fruits gathered so far.
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• Prioritize responsibilities such as classes or work over gambling.
This is a very important advice. It's perceptible we tend to gamble more often or feel more impulsive and tempted to gamble when we don't have appointments and responsabilities in life. It's like that saying: an idle brain is the devil's workshop. So we have to always occupy our minds with useful goals to be accomplished on short and long terms. This way temptations like gambling without limits, guidelines or rules tend to decrease and even disappear within time. That a kind of training for your reflexes to work at your favour and not against you. |
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I don't see the point of using NFT in gambling.
NFT is art) Why don't casinos reward players with paintings by Picasso, Malevich, Dali? Did that question make you smile? But these artists made art. Well if casinos are using NFT to reward players it would only make me smile.
Casinos want to embrace the hype of NFTs introducing a concept related to it to their platforms. I think it's more marketing than anything else, but at same time it doesn't mean it's a complete waste of time and money for gamblers, because depending the benefits offered by the house, some NFTs can be really rewarding and profitable. Keep in mind profit isn't made only when selling NFTs, but also by holding them when the casino guarantees a benefit for you when doing so. Therefore, you don't need to rely yourself only on speculation to make profit with NFTs, what is an extra guarantee when going for this kind of token. |
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@op we have the same experienced mate but on my side the money i gamble is supposed to be for my allowance in the next coming month. Yeah same story wherein i am still hoping as well that i can regain all the losses and came back with profits but i have failed..  i was depressed that time to be honest, so after that i never gamble and decided to find new source of income and preferred to find some platform that gives free spin.. Lol When we face an unfortunate situation like this in our lives it's better to forget gambling and stop chasing losses through betting. In some cases it's even better to forget about the money you have lost so far and start from zero again through safe and guaranteed sources of income, even if their potential isn't the same of your past gambling sessions. Doesn't matter how much money you lost, what really matters is how much money you have in the present moment and how much you can earn from now on! Nobody likes to restart after a 'game over', but there isn't any other option available, so it must be done with hope, confidence, will and joy. |
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I'm just thankful we have cryptocurrency and more exactly bitcoin nowadays, so Paypal has become obsolete since then, at least in my case.
I'm afraid Paypal isn't becoming obsolete, like you say, maybe for you because you prolly no longer use it, but mind you that Paypal has over 400 million users and still counting, thus it is pretty far from being obsolete. Bitcoin is perfect as a way to send and receive funds without censorship, that's if the user makes use of non-custodial wallets, but Bitcoin imo is still a rather young network and cannot make Paypal obsolete just yet. Even if people ditch Paypal for one obscene reason or the other, only a few of them will join the Bitcoin network as an alternative, they'd rather choose other 'popular' options to send and receive funds. Having said that, Bitcoin's adoption will continually grow and users who prefer censorship resistant options will join the Bitcoin network, but i am afraid that users who worry about them being censored are fewer than those that do not. Well, that is something I don't understand. Why do people continue using Paypal services paying absurd fees and being bullied while they could simply adopt crypto which is decentralized and let us have total control over our money and transactions? That sounds like sadomasochism to me.  And even if customers justify they want to avoid the volatility of crypto market's currencies, they could use stablecoins in this case. |
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I'm familiar with FUN token and compared to bitcoin, it has maintained its price more stable recently. Before the crash which has defined the end of the bull run, FUN price was 30 satoshis, but now FUN price is at 38 satoshis. So it was definitely a good investment against btc. Everyone who bought FUN back then, can sell now for 7 satoshis profit per token (1 satoshi cut for fee). It's about 26% profit made swaping FUN and bitcoin. Not bad at all...
And there are many other gambling tokens disponible on crypto market, although I can't say anything consistent about them, because I'm not an adopter.
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But members of this forum are already part of different crypto casinos being promoted here. This is already a reality and as far as I know nobody sees it as conflict of interest. It is actually positive, because a casino can become more trustworthy in gamblers' eyes if managed by a reputable member of the forum. And I would say if it wasn't for this fact, signature campaigns wouldn't exist anymore. Thanks to these cadinos' managers who are also part of the bitcoin community we have access to such opportunities.
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Take crypto signals at your own risk. There are all the kinds of signals on the market, pointing to every possible and imaginable directions and it will be up to you to pick the right one among so many. How can we be right and sure when choosing one signal, then? I fear it is not possible, so we have to risk anyway. What we can do in order to minimize the risks is to pick long term predictions instead of relying on signals which promise short term returns.
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For me Paypal has always been a very treacherous company which charge abusive fees while not being user friendly, especially for micro earners who want to work online on multiple platforms.
These news come only to corroborate with my initial thoughts. I'm just thankful we have cryptocurrency and more exactly bitcoin nowadays, so Paypal has become obsolete since then, at least in my case.
And I believe it is just a matter of time until they close the doors or are bought by a rising company of the same niche.
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Many people from older generations are getting aware of bitcoin these days through so many crypto businesses' ads being promoted on the internet and even during sports' matches, because there are already crypto companies sponsoring such events. Now it is just a matter of time until all those people adopt bitcoin (for real or for curiosity).
And glad your father had you nearby to guide him properly. Not everyone have the opportunity to have such a very welcome and trustful assistance.
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I've already experienced the first pattern for several gambling sessions in a row and felt really inspired and excited for that, feeling like the game was under my control and that I could use it at my favour always I needed some money, until at some point I finally hit the second pattern and had to stop gambling for my own good.
Actually, I can say on long run pattern 1 + pattern 2 = pattern 3. It's a pretty common scenario most gamblers must have faced during their gambling journeys.
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The decreasement from 3.7% to 3.5% is insignificant and may not represent any real change for real due to the margin error of such datas. Moreover, don't blindly believe any informations from the government because they are prone to be manipulated for political reasons.
As I see jobs' rates aren't increasing, while purchasing power is fastly decreasing with the economical politics adopted by governments in US and Europe which increase interest rates in a desperate and useless attempt to control inflation.
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These are bad news for bitcoin, and it is indeed a fact most bitcoins are centralized in few addresses, even though some or most of them must belong to exchanges. On the other hand, some owners of wealthy addresses might have died already, lost private keys, hardwares or simply won't move/sell their coins for ideological reasons.
So we can't say exactly how many of those bitcoins are circulating or have chances of circulating on the market.
Even if the OP's assumptions were correct, which they aren't; Bitcoin can be scaled. While we'll always have the wealthy elite as some like to describe them, it doesn't mean they have influence over you. Any moves they make in the market could have short term effects, but beyond that it doesn't really matter all that much. For example, them selling a very large amount of Bitcoin could cause a small panic among other users, resulting in more sales, and pushing the price down. Although, ultimately we'll recover from that, and the effects are only short term. The real centralisation issue right now would be mining, which is somewhat unavoidable to an extent. By that I mean, it requires a significant amount of money to remain in profit with mining, so it's only reserved to those that have the initial funds to mine. That could potentially become a problem in the future, but I don't think it's a huge problem. As for the market share of coins, that's almost irrelevant to me personally. It is true that on long term the influence of wealthy adopters is decreasing and I see that by the fact volatility isn't so intense on the market like it was in years ago (especially in 2018). We are in a bearish market, but the price of bitcoin hasn't been completely crashing. I hope it continues happening, so whales drop their coins on the market and new/small investors purchase those coins, balancing the number of coins held by every adopters and consequently decreasing volatility even more. It is a slow process, although a very promising one. About bitcoin mining I guess you are right. |
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