Bitcoin Forum
August 02, 2024, 01:54:05 PM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 [182] 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 ... 248 »
3621  Bitcoin / Bitcoin Discussion / Growing emergence of Bitcoin and cryptos in Tanzania on: June 14, 2021, 02:54:08 PM
Bitcoin has came a long way struggling to rise and facing criticism of government and bankers around the world who think of it and cryptocurrencies as bubble but now it is changing around the globe.Bitcoin has gained quite a popularity and countries like El Salvador has adopted it as legal tender and other countries are also on the same path.

There is one such country who has opposed and put a ban on usage of Bitcoin and other cryptos in 2019 and that country is Tanzania.On November 12,2019 the central bank ,Bank of Tanzania issued a public notice restricting residents from trading into virtual currencies.



The possible reasons they gave it for such ban on virtual currencies was as follows:

Quote
Although the BoT has not expressly stated its reasons for banning the use of cryptocurrency, the most common reasons advanced for banning cryptocurrencies in other jurisdictions are as follows:

 Virtual currencies are traded on unregulated exchanges, and customers who lose money on such exchanges have no legal redress.
Cryptocurrencies have no underlying assets and their value is speculative in nature. This may result in high volatility, exposing users to potential losses.
Cryptocurrency transactions and accounts are not connected to real-world identities, a phenomenon known as ‘pseudonymity’. Experts argue that this could promote money laundering and fraudulent activities.

But now after 2 years they have gained some lessons and considering to reverse their decision taking example from El Salvador,Iran and others.This is so because the new Tanzanian President "Samia Suluhu Hassan" has asked the banks to work on the use of cryptocurrencies. Here is what she has to say of this statement.
Quote
We have witnessed the emergence of new journeys through the internet...My call is to work on that development (cryptocurrencies)

The main crypto is Bitcoin in this market and they all have focus on making it assest class as many countries are joining the list soon.

Tanzania is a small South African country roughly with a population of 62 million and 49 licensed banks in operation there.So countries are ready to accept the fact that Bitcoin and other top altcoins can boost their economy and now realising it's true importance.

So who is next ?
3622  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 14, 2021, 02:34:47 PM
<snip>.
OMG, that nick didn't spotted ever and he managed to wager up to $98million dollars (maybe he has unhide his nick now). Now he wagered more than $100million dollars and become the only one account which reached Diamond 4 rank on rollbit. Congratulation to wager so huge amount like that. Wonder how much rollbit have earned from only 2 those user wagered
Yeah no doubt that he is that user that reached Diamond 4. Honestly I thought Rollbit Boss is the highest rank... Isn't thr title "Rollbit Boss" the highest rank? I'm confused about the ranking here. But hell yeah, first time seing someone beating that number 1 user sitting there for a very long time.

Rollbit bos is not the highest rank if I understand it correctly, it is like a special badge for those who have the most wagered amount in rollbit.
The highest rank should be Vibranium for those who have wagered a billion dollar.
Someone might get the rollbit bos badge with low rank in the past but now, it is getting harder now as the leaderboard is a diamond 4 $100M already.

According to the Blog and this source either, it looks true. It's a special badge only. Vibranium must require Wager at least $1,000,000,000 , it's the higher level. And I don't find which Rollit boss required higher than that.
Each level has a step, Bronze Levels 1-5, Silver Levels 1-5, and etc until Diamond level 1-4, Blood Diamond and Top-level is Vibranium.

Quote
RollBit Boss – If you manage to reach the top of the leaderboard

Yes Rollbit Boss is type of badge given to the player who remains on the top of leaderboard like in the past it was conquered by @aeroh but now it seems that he has competitors with him who are joining the leaderboard with him.So according to this blog : Rollbit Rewards here is the breakdown

Quote
The Rollbit Rewards program includes a levelling system with multiple divisions. It's now easy to monitor your progression and compare your statistics with friends.

What division will you be in?

Bronze
Silver
Gold
Platinum
Diamond
Blood Diamond
Vibranium
Rollbit Boss 👑

So the highest is Vibranium which requires $1 billion to wager as given by other players and whoever is on top earn Rollbit Boss badge with $5k bonus and other cashback rewards on bets.
3623  Economy / Economics / Re: Not just money but oil is most important in the World on: June 14, 2021, 02:11:47 PM
But most important of all is food. It's not oil nor black gold. When the people are hungry, the nation will have more riots especially in the cities where tents are scattered.
Yes with all these commodities we ignore the most important thing which are required to live life especially food,water and oxygen.Why the hell do we need money? To fill our and our families stomach right so why ignore them with materialistic things of of economy.Water and oxygen will soon run out of supply if we keep on our continuous wastage of water and cutting Jungle and trees for industrialisation and setting up new cities.Saudi Arabia and UAE have become soo rich and developed with selling oil to the world no doubt but we also need to give importance to the ones on the top of list.

3624  Economy / Speculation / Re: ✅ We are currently in a year where the trend for Bitcoin on: June 14, 2021, 01:59:37 PM
Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
We can only make assumptions or say can have speculative approach towards Bitcoin prices and it might it $100k also if the past history charts repeat again when they were surged to ATH of $19800 in 2017.Similarly this year they reached ATH of $64k with Coinbase listing and from then market is bearish but we can't accurately predict thr future levels.If investment are made then it can boost the prices and support above $45k or so in Q3 of 2021.So let's hope for best.
3625  Other / Archival / Re: [GIVEAWAY] - Ratimov 2 Years on Bitcointalk - [PRIZE - 100$ in BTC] on: June 14, 2021, 01:01:41 PM
So I will go with 86 if allowed Smiley
3626  Economy / Speculation / Re: Who were the morons that bought 60k bitcoin? on: June 13, 2021, 01:37:51 PM
I'm just curious.... Or didn't sell 60k bitcoin? or 50k or 40k

we all gotta learn our lessons Smiley
Those who have invested at $60k or not sold any coin at $40k and still holding for long term will call you moron at that time and you will realise what did you do.The people called themselves lucky in 2013 for selling at $3-$4 but now they call themselves foolish and same will be the case with you man.You will also say "Alive but dead" for selling at $60k ATH of 2021 when it will be $200k.Stay strong.
3627  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 13, 2021, 01:17:43 PM
Each site can evoke different reactions and opinions from players. If you go to play somewhere, you can have pleasant experiences at the site. Still, there are players who are not satisfied. I
 personally think you shouldn't place a lot of value on the trust. You don't always have to say something. Personal experiences are much more useful to you.
After all, with other accounts you don't know what happened to the accounts in question.
If you are new player and want to test any site it's best to have a closer look at it by reading the reviews and trust level of that particular casino to save you from phisshy ones beforehand.But yes every gambler has different priorities and satisfaction level and you can't make it at one point.For instance some players like to have deposit bonus and other coupons but for some it doesn't matter at all and they both play at different casinos.You should have a look at depositing like say $10-$20 in new casino and try to play over there for some time and increase your profits and then withdraw the funds and if it's smooth you can continue over there and if any issue arises leave it and let others know about it also.But your choice of gameplay can also decide which casino best suits you.
3628  Bitcoin / Bitcoin Discussion / Re: Jack Dorsey is now speaking up on: June 13, 2021, 01:09:43 PM
https://www.forbes.com/sites/billybambrough/2021/06/12/twitter-ceo-jack-dorsey-reveals-surprise-bitcoin-plan-after-elon-musk-sparked-crypto-price-chaos-with-ethereum-and-dogecoin-support/amp/

In that article Jack Dorsey promotes Bitcoin as long-term world currency.  Even hints at a social media platform (with no names) being the first to include Bitcoin as part of its platform.
He is long term btc supporter and always made positive comments about it.I think the platform he is taking about is twitter because in one statement he has said that he will incorporate Bitcoin lightning network layer 2 for micro payments on twitter while chatting with encrypted messenger Sphinx Chat.He is running Bitcoin node as tweeted by him,donating bitcoins, setting up billion dollar projects in partnership with rapper Jay Z and some others.Moreover his company Square Inc. has invested in around 4500 Bitcoins and planning on to build hardware wallets for Bitcoin and some others.He also wants profits no doubt but we all want that and it's good that he is big supporter of Bitcoin unlike Elon Musk who just shifted from his statement in matter of time manipulating the market.Still see what his next move.
3629  Economy / Gambling / Re: 🔥 Bets.io ✅ Bitcoin Casino ❓ 24/7 Customer Support 🎰 Instant Withdrawals on: June 12, 2021, 01:35:43 PM
First of all welcome to this forum and try to share as much details and promotional events in this thread for the members awareness and your casino support in intial days.I just checked your site and find interface user friendly with slot games nicely designed.Moreover you are also accepting Tether crypto which is nice addition to your deposit scheme along with btc, eth,ltc and doge.Try to keep the rules simple not much complicated and have a responsive team to solve the queries of players ASAP.Best wishes to you.
3630  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 12, 2021, 01:14:22 PM
Rollbit shares another huge win of a player on their twiiter handle who just hit 515x multiplier on Book of shadows. It's really amazing to see players turning on their small bets and cashing out huge profits.He wagered only $10 which is minimum bet to wager and convert it into $5k almost.



Just another high multiplier win again on Rollbit.
That's $10 money gambling can change it many times bigger than what we imagine, maybe their losses will be reciprocated by winning high multipliers published on Rollbit Twitter and for me this is a very common thing but difficult to achieve.
I see rollbit provides a very big opportunity even I hope I can achieve this with not much time.
I'm so glad someone could get one, maybe at a professional.
You don't need to be a professional gambler to hit high multiplier as we see small players who have just started playing hit high profits in their initial betting stage so it all is dependent on our luck and time so just wait and one day Rollbit might be sharing your win on twiiter who knows.But for that we need to be consistent and enjoy our journey till that but don't go beyond your fund limits in false hope of high profits.
3631  Alternate cryptocurrencies / Altcoin Discussion / Re: What features should a good altcoin project have? on: June 12, 2021, 12:59:37 PM
When starting an investment we should evaluate the altcoin project very well. Investigate if it have use cases, what the community is like, the rewards system and what initiatives it is developing. Which altcoin project in your opinion do we have to get involved with to make a profit y why?
You will find this answer if you try to look at the best altcoins in the market at this time which are alternate to bitcoin:

1) ETH : A crypto based on POW that can help dapps and smart contracts to be built on its blockchain without any fraud and full trust.It is type of blockchain where you can transfer software to other computer and run code anywhere.Although ETH 2.0 is based on POS to reduce the gas and increase TPS.

2)Solana : It is the First blockchain based project which has resolved the blockchain trilemma of security, scalability and decentralisation and the project is running quite well in the market.

3) Cardano: Built by one of the Ethereum intial founder Charles Hosiksons this Pos based crypto is also called ETH killer and also serves the same base to serve as decentralised financial system with security.

I have provided you with some information that why these altcoins are running successfully in the market because they have strong development team behind them, something unique to offer and resolving issues like speed,fees,TPS and many others.There are many coins like LTC,DOT,BNB which are also good and you need to do some research and look for the features they have to know in detail about your question.
3632  Bitcoin / Bitcoin Discussion / Re: Miami, the capital of the world of digital currencies? on: June 12, 2021, 12:44:41 PM
Actually your title is misleading and contradict your findings because digital currencies and btc have some differences like decentralisation.Moreover Miami mayor Francis Suarez is Bitcoin enthusiast not the whole crypto market like altcoins.He has pledged to make Miami Bitcoin hub like paying salaries to employees and taxes in bitcoin which is different from your digital currencies which you know.Bitcoin and other cryptos have huge difference among them and you are referring to all the coins as digital which is not right point.Bitcoin ATM's are installed at many places where crypto is not even recognised at high level so what have he allowed? Miami is say at this time becoming btc hub like this year Bitcoin conference was held in Miami and Mayor welcomed all the guests there which shows his true support to the currency.You should not mix CDBC with these cryptocurrencies.
3633  Bitcoin / Bitcoin Discussion / Re: Iran also wants to legalize crypto on: June 11, 2021, 01:25:12 PM
Didn't they ban bitcoin? And now they want to legalize it?
They only put a temporary ban on Bitcoin related mining activities not on Bitcoin usage as a whole.And the ban was also of four months as i have stated it early also which will end in September this year and mining farms can activate at that time only the regulated ones.The mining which is not under Iran supervision might be Still carrying on with mining operations.
3634  Economy / Trading Discussion / Re: WHAT HAPPENED? I went into the hospital cam out AND.... on: June 11, 2021, 12:31:48 PM
You should rather feel lucky that you are only 10% down mate in this crypto market  Cheesy because some other inexperienced or say new traders like you are down 70-80% of their initial investment.This market underwent some drastic changes in these few weeks as we have seen shitcoins being pumped high and other potential alts in red line.Most of the market crashed and billion dollars was just lost from total market cap.So just say I am lucky that only 10% down otherwise you would have gone to hospital again seeing the trade charts.
3635  Bitcoin / Bitcoin Discussion / Iran also wants to legalize crypto on: June 11, 2021, 12:20:06 PM
Just after El Salvador has made Bitcoin as legal tender in the country and making Bitcoin as reserve assest some other countries are also planning the same.As per the latest reports the next nation to join the list is Iran.They are planning to introduce legal framework for cryptos although the Bitcoin mining activities are suspended there just for four months due to electricity blackout.

Iranian President "Hassan Rouhani" has asked his government to start working on a framework to regulate cryptocurrencies like Bitcoin.He has warned residents also against unprofessional or scam projects and to stay away from them as he addressed the economic board meeting.

How will Bitcoin help them?Here are some of the facts:

Quote
The US has imposed CAATSA (Countering America's Adversaries Through Sanctions Act) on the country, preventing American companies from doing business with sanctioned entities. However, the economic sanctions place Iran in a spot since companies allied to the west are bound to avoid it, creating a ripple effect that severely affects Iran's international trade.
The country also stands primarily disconnected from the global banking system as trade via the American dollar is restricted. It's widely known that the dollar is the de facto international currency and exerts maximum purchasing power. With such extreme conditions, Iran has open-heartedly welcomed the cryptocurrency revolution.

With nearly 4.5% hasrate of Bitcoin mining Iran is one of the best place for miners along with cheap electricity and how amazing it is if government also allows usage of Bitcoin and other cryptos giving them legal status.They are solving their economic Conditions as well with Bitcoin which is main motive of most of the countries.

Source : Iran to legalize crypto like Bitcoin

So it's a another boost for btc becoming mainstream and adopted by government around the globe.

3636  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino on: June 11, 2021, 12:05:30 PM
You guys are right but sometimes this mempool fee thingy can be confusing tbh. Today the slow withdraw fee on FBC (faucet) is less than a dollar.
The most easy way to frequently go to your computer, log in to your roobet account and the check if the transaction fee has been lowered or not.
During my time in the Bustadice campaign I got to know (and love Wink ) the "Slow Withdraw" at Bustadice. Instead of an instant withdraw, you could choose a withdraw that could last up to 24 hours. Bustadice collected all withdrawals and transferred them in one batch, which made the fees much cheaper (5-10x cheaper).

Maybe such a system would also make sense at Roobet, as a user you only have the problem of having to wait a little longer for your valuable coins.

If they can wait for long enough to cover the fees issue than it would be much easy.But most players who want to withdraw their profits usually pays high fees to confirm the transactions which automatically increases the current fees and all have to make that fees in order to confirm their transaction.But yes it is good idea if the casino clears all the transactions in one batch to different address making fees relatively low and solving the fees problem for small olayeriad well.But nobody want to wait because it can take longer than 24 hours also and we need to have patience for that which many lacks.
3637  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 11, 2021, 11:55:16 AM
Rollbit shares another huge win of a player on their twiiter handle who just hit 515x multiplier on Book of shadows. It's really amazing to see players turning on their small bets and cashing out huge profits.He wagered only $10 which is minimum bet to wager and convert it into $5k almost.


Just another high multiplier win again on Rollbit.

3638  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin? Will Bitcoin be traded in all countries in 2025? on: June 11, 2021, 11:43:49 AM
What is Bitcoin? Will Bitcoin be traded in all countries in 2025?
Bitcoin is the most advanced virtual reality that has become the most popular around the world.
Although this bitcoin is banned in some countries, most countries in the world have licenses to buy and sell bitcoin.

I don't know whether you know about bitcoin or know as you have missed the most important part of Bitcoin - "the decentralised digital form of payment" which is not under any centeral control of authority which makes it different from other and have solved the issue of double spend of coins through blockchain technology also.And the other thing what is license in buying and selling of Bitcoin?It's like you can trade Bitcoin through CEX,DEX,OTC Exchanges if it is allowed in your country or even if it is not recognised as legal tender.The only case is ban of cryptos in which you face problems in dealing in bitcoin or other altcoins.But no license is required for such buy/sell.

Countries where bitcoin transactions take place are being recognized as superior countries.
It is no such obligation that counties adopting Bitcoin are categorised as superior than others like US, Russia,China are among top countries but still they are not in favour of Bitcoin or alts as china is totally against cryptocurrencies and developing their CDBC digital Yuan.Many countries are adopting it to boost their economy and support miners but it doesn't mean they are superior than other.
3639  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 10, 2021, 05:36:04 PM
At Duelbits we appreciate your privacy. That is why Monero is now available to deposit and withdraw!

Best of luck!
Nice addition to the duelbits along with other crypto deposit options.Now players will not have to compromise the privacy at all with Monero cryptocurrency.The players who want to deposit or withdraw with anonymity will love this decision as many will opt for it.Not many casino allow for such crypto deposit but thanks to duelbits team for such.
3640  Other / Beginners & Help / Re: Bitcoin and Mining on: June 10, 2021, 01:50:25 PM
If I want to send 20$ on my wallet to other wallet.
Then If there is no miners the money is not moving? 
So for 20$ Transaction You need big mining Factory to operate to use a lot Energy.

But what If all miners will be shut down all over the World? 

Do I understood Correct? 
So if we are talking about the imaginary conditions that all miners are out of business then if you make btc transaction it would not be included in any block in the absence of miners and yes transaction will not be confirmed.But in real world situation this is not possible because at current the miners are earning good and even if the miners become less so is the target difficulty reduces with that as Sathoshi coded btc to be adaptable to this situation and mining becomes easy and hence more miners join the network again to earn rewards in the end making it to equilibrium position again.Miners after all the 21 million btc are mined will earn transaction fees and enjoy their btc holding at that time so this situation is never going to come into reality.
Pages: « 1 ... 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 [182] 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 ... 248 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!