That is the thing about the all time high, just because we believe that there will be a pump and there will be an increase, which means we are all bull about the price, doesn't mean that price will go over 2x in price. Right now it is around $9.9k and that is fine, x2 of that is about 20k, that is all time high, sure it is quite close.

So, we are talking about bull versus all time high, I do not believe bitcoin will drop, I think it will go up, I think 12-14k levels are realistic after the halving, but all time high is just way too much right now. Plus it is not even about x2, we dropped to 4-5k just recently and already did x2 if you look at the right places, but moving from 4.5k to 9k is different x2 compared to going from 9k to 18k, those are very different.

I am sure it will be a big deal for a while but it is not really going to be something that is unheard of before and will not pass at all. There will be a lot of debt, there will be a lot of bankruptcy, there will be a lot of "I am barely affording food at this point" level, however in 10 years we will be doing better once again, and in 15 years we will have another crash that will put it all back to this level again. As long as the system is not fixed at all we are going to keep having the same cycle all the time.

Companies and rich people can't keep getting richer and richer, eventually there will be no more money they could make, people are basically living in poverty and there are too many people who just buy stuff to survive and not luxury, so companies crash because they can't get more money from people since people are poor, so government prints money and economy crashes and companies are saved, we do this 10 more years and people go back to being too poor and so forth, its endless cycle.

Well it is already there almost and I cannot agree that newbies do the panic selling because I have seen the best traders and investors sweating when the price swings happen and recently when bitcoins touched around 4k a lot of friends of mine who, believe me, are good investors and sharp brains but they also cashed out because it felt like corona virus might had something to do with the price drop.

I personally consider investing extra money in bitcoins and hence I am not as much troubled by the price drop as much are guys who put everything on line to make some profit. It must hurt for people who sold at 4k and now thinking about buying at 9-10k the same bitcoins. Ouch, that feels bad.

That's very true because dice comes with a constant 1% edge and there are hardly any good strategies apart from martingale which fails often than it works. The problem with dice is that we make small bets and slowly wager a lot of bitcoins which itself means we would be loosing in the long run.


That's because dice has been the most common game and there are not many properly managed lottery games out there otherwise the story could have been different because lottery are more common in real casinos where they would announce numbers and you would match your lottery ticket and online casinos have failed to match the same excitement.

Been some days since I have not gambled and I can tell you, I start to feel what people say when they call gambling as addiction because now that I am away from gambling for a few days I feel like I have lots of time for other activities and a lot of bills were started to add up which I have managed to clear thanks to the no-gambling no-loss thing. I really feel what wives and girlfriend must go through once we gamble because we are just too busy and can't dedicate enough time and like OP said there are physical and mental changes as well.

I am considering to quit gambling now but even if I gamble I will make sure I gamble with lower stakes and try to avoid gambling on working days and only gamble on weekends (although during this tough time we are all feeling like all the days as weekend but nothing to do).

So, we are paying 5% to the charity from our wins and the casino pays 1% from their wins technically, how does this even make logic?
Casinos are the better earners and I should say only earners between gamblers and casinos so they must take the initiative and make better contributions so I feel good with the idea only if the reverse happens, where the casinos pay 5% of their profits monthly and we as gamblers are happy to pay 1-2% of donation to the charity.

Sounds good to me but the charity must be wonder is there will be any casinos who will ever do this. At the same time, we cannot argue that casino will not do that forever.

Are you even serious? I mean the point he made are just for fun in my opinion and not even a drunk person would take them seriously. Please re-visit the thread once again and see his Don'ts list and he even said don't take the thread too seriously .

Anyways coming back to topic it was quite funny but I don't like the last point because it hurts me. I mean yeah it is wise to not be with someone who might have corona but spread hate should not be the proper way of doing it. I mean no one knows they have corona and they would intentionally cause you the same so well maintain distance and I do understand you said all the points in a fun manner so all is good.

Well, even if you decide to trade all the money in your account at once in Bitcoin, I don't think you will lose everything, just a certain percentage. How much you're trading all depends on how much you have in your main account. The highest you can trade is the lowest for another person.

As for the number four point you made, you're right about that in a way, but I think over 80% of people here are just here to make money. I don't see anything wrong with trying to make money, except when you want it quick. If you keep trying to make money quick, then you wouldn't make it, because you will keep lacking the patience it takes to achieve what you want. Having patience in everything we do is very important.

That's probably the biggest reasons why there is less people doing bounty nowadays even during pandemic situations but there are a lot more hardcore people instead of just softies. I mean think about it, would you rather have 1000 people applying that are all hungry to make the next big thing? Or would you rather have 50 people who know what they are doing and think of this like a professional work?

I rather have 50 professional bounty hunters who see this as work instead of 1000 people who have no clue and just wants to be a part to not miss out on the next big thing. I really don't know how to become a bounty hunter properly, like as a job, so I do not go in everything like that, but I do time to time rarely get into it because I like the projects myself, not because I want to make some quick cash.

I really hope that this is not the case. A lot of companies here are now trying to reduce their workforce and many people have lost their jobs. Companies are losing because of the lockdown. The government has tried to ease the lockdown but cases keep rising and I don't know what's going to follow next, if they are going to start the lockdown again or still continue to ease it and let people be on their own and try to survive by any means possible.

I am really trying to do my best and make earnings and take care of my family. I really hope that this doesn't get worse, I seriously pray to God that it comes to and end.

These are not the only ones, there are so many and I've been lucky a few times to get a cryptocurrency job on LinkedIn. It wasn't really a cryptocurrency job, but the company asked me whether I accept Bitcoin as payment and I agreed. I was able to carry out the job and got paid several times with Bitcoin and it's really one of the best experiences I ever had with Bitcoin.

The job was a remote job and I never had to go to their office to work, just staying at home and doing my business. I have also seen a few open positions on Xapo website and the coolest thing about these jobs is that they are also remote jobs, and they employ people from every part of the world ,as long as you're qualified for the job.

In that case are we making the names hidden or are we hiding them all together? I mean there are two ways to go with this, one is having a leaderboard option on your account, you click on hide me and it hides you, it shows the top 10 that didn't clicked and shows themselves, that way you are technically not seeing the top 10, but you are seeing the people who are willing to be shown and top 10 of those people.

The second option is to just have "hidden" on the leaderboard, you can click on hide me again like the other one, it actually shows you the real top 10, but some of those names are censored as "hidden name" so you will not know who it is. Those are two very different approaches, I don't know which one I would prefer more, but I think the first one is closer to my heart.

Right and they very well are aware of the fact that wagering prizes will only bring them more customers and if even they pay some prizes that's not going to hurt them in the long term and while house is the expected loss for a gambler but usually people lose much more than the actual house edge.

I have been betting since a long while and I can safely say that if you are thinking that you will only loose 1 bitcoin on wagering 100 at a one percent house edge then you are mistake because gambling will usually make you chase your loss and you will loose much more.

Overall I prefer wagering less and cash out profits as you make them because what you win is not what you take home, what you withdraw is actually your profit else you will slowly burn it all. I made a big hit on slots a few months ago and I was so tempted that the same slots game slowly churned up all my profit and it never even felt like I lost a big bet at all.

Probably you are gambling in the right manner. For example, whenever I do go for betting on soccer, I never get any excitement compared to how I do gamble dicing. Not all gambling are capable of pumping your adrenaline. People who are choosing selective gambling type may not get any heath issues like how OP is demonstrating. It means we never need to quit gambling completely because there are other types of gambling which supports peace of mind and not creating any health issues.

It is a proven medical fact that weak hearted people should not gamble. Also anyone who is gambling continuously, may experience heart related problems over the time because high trilled based gambling may be weakening their heart slowly.

This gives me a new idea where the gambling sites could actually ask the gambler to choose their own security option and the gambler knows if he will be playing small or big and hence he can decide the method based on that.

There can be another way where the website asks you a simple security code of 6 digits and you just have to remember that and enter it every time you withdraw this times both energy, time and resources. Alternative you can set some security questions maybe that you can answer and withdraw your funds and there are numerous other ways to set a easy yet string security for gamblers.

Yes, these tough times have come like a blessing for a lot of people who were actually trapped in a loopy life where they had a fixed routine, fixed entertainment timings and never had the chance to sit back and assess what wrong they might be doing and what must be stopped.

I am myself a gambler and while I have not stopped entirely I have actually limited myself to a certain limit where I try and cap a max loss just like we do in automated betting in dice. I have gained much more control over my betting because when there was no limits I used to earn good but a big part was quietly going into the pockets of casino owners.

It is easy to see when it drops, it is harder for some people to get in when it drops, that is the problem. Hell the whole reason why it drops is the people who sell, so those people actually got panic and sold their coins instead of buying at those prices, some person actually dropped their bitcoins under 5k this year, they actually did that on a year we moved above 10k, so it is not about seeing when price goes down and seeing when it goes up.

Some people are just too afraid, they are afraid when going down and afraid when going up as well, some people see bitcoin going up and buy it at the top because they fear they are going to miss out, and same people actually sell when it goes down because they fear it will go down further. So they just purely lose and leave.

You do not trust any other person with your bitcoin. Simple as that? I mean why would you trust someone else with your money when you can do it yourself? Sure if you are not really a great investor and you can't trade, just don't do it? There are investments that are so simple that requires nothing. So, just go to bank and open an interest savings account, simple as that.

However if you really want to make a lot of money, and you risk it by giving all your money to someone else, you kinda deserve to lose all your money, there is nothing you can really do to make that much money that quickly. The second and third is basically same, do not trust others, there is really no reason to trust telegram people, they could very well be scammers so no need to trust them.

Masternode must be a worst idea in my opinion because it let our money to be spent for VPS whereas with POS you may spend all your money into cryptos which again may work for you. But the money you spend for VPS is going away from this crypto space which will indirectly affect all of us in long run. Just take time to think about it.

I mean every single penny must be important.; So, why should we allow money to be going away from this crypto space in the name of setting up masternode. All masternode operators must think about adopting POS algorithm which must be the great thing we must have because it encourages the investors by paying interest to their money.