Honestly, I rarely use it to gamble, most of the earning is for investment or converting to fiats. I am not really a lucky boy in gambling, I have tried some attempts but most of them ended with no good results. So, I am starting to think that it is better to use the earnings for investment and some of them to convert to fiats. I assume this will be more useful than using all earnings for gambling.
Converting your reward to fiat is actually depends on you because it is already your money and that is yoir effort. I use some of money in gambling like you Im not always use my reward in a signature campaign because I want to save bitcoin now because I really believe it will going to up the value and we will earn more money if we keep it instead of gambling it. We should really start saving right now. It should've been months earlier but we need to work on what we can and what we have right now. There are a lot of interests happening with Bitcoin right now and that would also mean that we will be seeing a lot of price pumps in the near future. If we will not be saving right now, we might regret it in the long run. I should really stop gambling. my .009 is back to .007 |
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As long as they are being upfront about it and they are honest with what they see in the gambling website I do not have a problem, the issue is that as we know there are many dishonest people out there that will either hide this information or that will give a positive review of the casino even if the casino is not deserving of one, this is when I will have a problem with the sponsor money as it is not really sponsor anymore but a bought review and the moment someone accepts money for positive reviews then his opinion is worth nothing.
I think this falls for that sponsored individual. Before even advertising that gambling site, they should obviously know what kind of site they are dealing with. They should know what is his fans or supporters if what he/she's advertising is right for them. I don't think that it is huge of an issue, this still all falls under the person whom these gambling sites are sponsoring. |
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I believe that cryptocurrencies can revolutionize PvP gambling and turn it into a big industry. In PvP gambling players play against other players and also bet against them. The most widespread and successful PvP gambling game is poker, but what other games do you know that work well in gambling? Before the Internet some people gathered in parks and played chess for money, but nowdays it's hard to play chess competitively on the internet due to the power of chess AI. Also, there are altcoin projects that allow people to challenge each other and bet on popular online games like CS:GO or Dota, but so far they didn't accomplish any major success.
So, what do you think the perfect PvP game for gambling should be?
I still believe Dota 2 is still one of the best PvP gambling game that there can be because of the promotions it has gotten and the prize pool of the current International event that they are having is already more than a Billion dollars. If ever they will include Cryptocurrencies in their transaction type, it will also boost the credibility of Cryptocurrencies because of the wide range of users that Dota 2 has and that will be another opportunity to have a surge in Crypto users. Why are people thinking about Dota 2? While there are a lot of people playing it, it is still not that balanced. There are still a lot of heroes that could dominate the game and I think that could not be always controlled since it is a MOBA, it is a fighting game and that also means that it would not always be balanced. I don't think it would be the best PvP that we have, but its what we have right now. |
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A lot of people are starting to regret their decisions again.
I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.
Regrets won't generate profit. What's done is done and we cannot bring back the time. The only way to cope up with the market nowadays is to focus at the present. The market value is now far from its price way back few years ago and if this gives doubt to the new ones, that's just natural. We just do not have the assurance on things regarding crypto market prices, and it is indeed scary and worrisome to invest at this point but what to do? An investor could wait 'til the price go down, and also, can take the risk to invest at this point. There' s no certainty so any action will be valid despite of the consequences. That is just true. We can't just bring back the losses of the past, it will always be there and the benefits from it that you will get is knowledge and experience. Looking at the price of the past and the price that we have now, we really hope that we could've invested earlier but no one knows what will actually happen. For now, we just knew that the price could reach such heights means that we should be positive about what it can do in the future. |
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Let's wait until the end of the month.
I know that there are a lot of investors and companies that are warming to Bitcoin but that doesn't mean that they would immediately invest their money. I think they are still waiting for the right time to invest. Saying that we might stick to $50K for now. The price might go back and forth inside that price range before it breaks the resistance and might go straight to $70K.
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A lot of people are starting to regret their decisions again.
I am not an exception though because I didn't trust the process that much and thought that it would go slowly and carefully not until the price hitting 4 digit price then not paying attention to the price hitting 5 digit price. I wonder if there are a lot of investors that believed in Bitcoin, I think we will be at the 6-digit price mark now.
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breaks $50k in next 24 hours I believe
I thought it would break $50K today. The price is increasing to $49.3K, I thought it would continue but it didn't. Maybe it will be trying tomorrow or the day after tomorrow, the price is still going strong so we should really expect that the price will be reaching that price mark. I think the next ATH will be at $51K, I will not be surprised if I sleep today, I will be seeing the price at $50K tomorrow after waking up. Yes, it could go up to 50K and it will only take a slight increase to reach that price which I think will happen in the near future. Bitcoin price movement is currently doing very well and continues to increase towards ATH for the new ATH and all expectations have been met and evidence of growth and adoption of bitcoin continues to grow and develop, and I think the 50K price will happen tomorrow or maybe the day after tomorrow As you said, it immediately happens. Right now, we are still sitting at $52K and I think we might reach $55K this week. I don't know if it can hit $60K this week but there is a possibility that it could. Another resistance might be keeping the price from increasing the reason the price is sitting at $52K. I don't think the price is too weak because if it is weak, it should be now back at $49K. |
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Do you guys think gambling could be one of the main catalysts for Bitcoin becoming more widely adopted?
It would be one of the main ones. There are a lot of cryptocurrencies that are known by a lot of users, not because of the feature they have but because they are mainly used in gambling or betting. In terms of Bitcoin, with the price having a great run this year, many investors/companies are getting their hands on the main cryptocurrency mainly because of the profit they could get in the near future. |
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I don't account for cohesion when I bet.
I am not saying that it doesn't matter but nowadays, if there is a better player in ones teams and the other team doesn't have that kind of player or have not much better performance if their last games I would bet on the team with better players.
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That would be really hard to accomplish.The same as corruption, I don't think it would be that easy to be able to take down these illegal gambling as there are a lot of people that for sure back them in these kinds of activities that might be a member of the government. In our country, gambling is not illegal but there are this illegal cockfighting and some of them could just get out because an officer knew them or someone close to these officers talk them out for their freedom.
70% of adult population were a huge number and Thailand would really get through a lot to tackle the problems of illegal gambling in their country. Gambling is addicting and no doubt that people will going to do the prohibited in their law to gamble. And to be honest it is a reality and even i could witness those kind of illegal gambling here in our country, in our society. Our local governments has a law that prohibiting a cockfighting but then those gamblers couldn't be controlled. I think we are in the same country. Our local government banned cockfighting especially those that are doing their meetups privately. And with the pandemic that we have right now, it is prohibited with a double case in your hands if caught. Still, there are a lot of people doing that and the sad part is that even teenagers are going in there and my parents told me about a underage boys caught by the police in that meetup. |
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No one actually knows about it , only crypto whales are the one who can dump it any time , if they want to pump they will till the end of 2021 , if they want to dump they can dump it anytime.
They can dump their investment but I don't think they are that weak to just dump it so early. There are a lot of interested companies and individuals that wanted to invest their money into cryptocurrencies mainly Bitcoin. That could lead to more pumps in the upcoming weeks or maybe months which make this year one of the best years of Bitcoin. The year is still starting so we never know where will it lead and where will it go. |
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I don't think it will decrease, it will continue to happen.
The fact that we are seeing more and more people investing a huge amount of money, will never go away. When we went down to $4K last year, don't you think that is a manipulation for the big guns to come down here? The fact that we burst up to $40K means there is a huge amount of demand that went through, and now we are closing to $50K.
If bitcoin price will continue to go up only institutions can buy it, so I think price manipulation will not be ended nor decreases given the fact that more and more companies buy shares in bitcoin in numerous amount more than I can or you can afford is alarming for me, if they want to sell their coins at cheap price and they can do it, we cannot force them not to sell their whole asset if they want. So be prepared and always read news. Price manipulation will always be there, it will not just go away. Bitcoin's price is based on demand and supply, and with a lot of people holding a huge chunk out of that supply, there will always be manipulation. That is why a lot of people are getting scared of what these corporations will do with their huge investments in bitcoin as it can affect the price hugely in the near future. Although we know that they can't manipulate it fully and there are a lot of people that would take that dump as an opportunity. |
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Cash can be extremely private and untraceable. The fact that criminals are widely using fiat with their illegal activities or transactions means it has its convinience in that area. Also, transactions with bitcoin can still be tracked, all of the transactions can be seen on the blockchain so you can't say that it is extremely private.
If you want extreme privacy, there are a lot of other cryptos out there.
There are tons of mixers too if you believe someone is tracking your BTC address and the transactions you are making. In fact there are some mixers that can arrange fresh funds for you, which means the coins are never used before and are coins which have been mined by the miners. I believe the only problem with cash is the risk of theft because imagine you are a millionaire but your wealth is in BTC and you don't have any risk of being robbed or anything like that. While if you have cash and people near you would notice that and the threat starts from there itself. Going cashless has a lot of problems of its own like lose of money in case you misplace the private key or online scams are there who can inject virus in your system and take everything. I don't think these millionaires would keep their cash on theirselves at all times unless they are those ones that won the lottery and can't manage their money so well. We have ways now to take care of that huge lump of money and it will usually be the cards they have not the cash itself. Each side has their own pros and cons and I think we should stick with what we have right now because there are a lot of things to consider before turning it to cashless. I don't think they are that stupid. Obviously, they have their money is kept in a bank or somewhere safe. With a lot of people getting attracted to a lot of money, obviously, they would keep those on fiats or cash, they would put it somewhere safe. This is one of the best pros of our world getting cashless although the technology that we have right now might not be enough to secure this cash or funds. Another thing is that the government might still not be ready for this change. |
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I remembered when a lot of YouTubers including Rice Gum and Jake Paul advertised loot boxes gambling games on their YouTube channel.
It's been a huge facepalm for me when that happened. The fact that they are not thinking about the content they are making showing a lot of things that a teenager would do since that is the majority of their viewers. For sports personalities, I think it is fine since most of the people that would see that is the adult ones but in YouTube, all ages would see that especially if they are a fan of that Youtube content creator.
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Is it true that 70% of all adults in Thailand are gamblers? If the statistic is true then definitely Thailand is a gamblers country. The existing problem of their government about illegal gambling is an indication that they are lacks with their regulations, but if the government wants to take advantage of the situation they can legalised those gamblings or casinos and impose proper tax from them.
I don't know about 70% of the population, but a lot of people do gamble. In the history of Thailand there were times when gambling was legalized, but it did not last long. The Thai government is not interested in taxes as their main goal is to eradicate gambling, which should eventually lead to a reduction in the illegal income of criminal gangs. That would be really hard to accomplish. The same as corruption, I don't think it would be that easy to be able to take down these illegal gambling as there are a lot of people that for sure back them in these kinds of activities that might be a member of the government. In our country, gambling is not illegal but there are this illegal cockfighting and some of them could just get out because an officer knew them or someone close to these officers talk them out for their freedom. |
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The first problem is the transaction fee of course right now if you are going to withdraw Bitcoin there is a very expensive transaction fee you needed to pay first in order to withdraw in regards with the price 1 Bitcoin is still 1 Bitcoin. 0.001 fixed amount I placed is still 0.001 amount I placed.
That is the annoying part. I am thinking of saving the amount I am using to bet on some games but then I remember that I need to pay for the transaction fee and that is the one that kept me from saving them so out of my annoyance, I bet some of them and when I cooled down, my .006 which I bet .000001 per roll became .009. I guess I'll keep on betting them rather than just withdraw and save them. Wow, in your case you are winning and it's because of your anoying situation though lets face it, things ain't like that as always, chances that you'll also face losing streak is always possible as you are working inside gambling activity. But it's you who take the action since Bitcoin fee really kills gamblers funds. Just take precuation to avoid losing it all better than anything. This is one of the best streaks I have so far. The highest with 13 win streaks with just, I think 10 or 11 lose streaks. Still, I am not planning to withdraw it, maybe I'll just keep on using it in the first place, that funds are occupied for gambling but yeah, I feel so confident all of a sudden. Not just because I have this great win but also because my bets seem expensive  |
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Everyone expects a replay of 2017 so this would be a good way for the market to juke expectations. Think more like 2013 with a big peak early in the year and then a consolidation leading into another $200k+ rally at the end of the year. The current rally feels like it has too much momentum to be stopped before $70-80k.
Credibility? Not much but I bought my first Bitcoin in 2013 and I've been watching the market for a long time. Just putting it out there.
I think we're closing to hit this prediction. The price is closing to $55K and seeing the price still going strong for sure, we will hit $60K. Although we don't know when all we know is that there are a lot of new interests going around to some known investors that might push further the price that might even reach the price this year at $100K. Seeing the price and this prediction is so nice. |
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A few hours ago Bitcoin finally managed to hit the price of $ 50k, although now the price of Bitcoin has dropped back to a price of $ 48k. This is
a normal correction to occur, because some holders must take profit when the Bitcoin price reaches a price of $ 50k. I have been predicting since
January that in February the Bitcoin price might reach a price of $ 50k, and finally my prediction proved correct. Now it remains only to wait for
the next target Bitcoin will pass the $ 70k price in the next few months.
We might even do it this week. The price drops back to $48K after hitting the much-awaited price mark at $50K and right now it broke through $52K where it is now sitting. There is a lot of news about new investors and not just investors but known names to be specific. Saying that there is a huge chance that we will be hitting the price of Bitcoin at $60K and $70K. |
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A lot of other investors are like you too.
There are a lot of people like you that wanted the price to drop or dump not because they are getting bitter with the current market but because they wanted to also invest and they are waiting for opportunities or timings like that. No one knows when will the price drops or have its correction but if that happens, for sure, a lot of people would take that as an opportunity. We are still going strong and we are now at $52K.
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He started that run.
He is really a huge reason for the market to reach where we are right now. $50K seems so far in the past years and we never thought that it will actually happen. I am still waiting for someone his dick so there's that. Since Tesla joined the ones that riding the yacht right now, the wave might go higher as it is still going strong after hitting $50K.
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