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Not much of a gambler, but most of the common gambling games here can be found at almost all crypto casinos. Never heard of the games that you have posted though. So I guess we don't see much of those games in online crypto casinos because they aren't much popular. So developing those games and maintaining would just be a waste of resource. If players wanted those games, they would have asked for it. I am also sure there are some niche casinos out there that provides those games.
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I think it is those that are "encouraged" are likely to become addicts. Many people tend to get hooked on gambling after witnessing someone else's lucky win, especially those who've been influenced by gamblers who've won some big money. It's pretty common for people to get drawn into gambling after watching streamers place hundreds of dollars in bets and walk away with thousands in winnings. Witnessing these "wins" can easily make people think they could get lucky too, leading them to gamble irresponsibly and eventually getting addicted. What most people don't realize is that these streamers are often paid to promote the casinos, and the money they're risking isn't even theirs, it belongs to the casino itself. These streamers can't cash out those winnings because they're required to return the funds to the casino. So, while it might look like a dream come true, it's actually a well-crafted illusion designed to lure in more gamblers.
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Nice to see people actually using Bitcoin for everyday purchases. I am sure everyone that holds or owns bitcoin, at one point of their life, made a purchase using bitcoin or other crypto currencies. I have bought some stuffs online with bitcoin. Most of them were digital goods, and the price of those stuffs weren't too much. If you consider indirect purchases, then yes, I have purchased a lot of gift cards to buy things through Amazon, ebay or other stores. I also booked hotels few times using bitcoin.
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
Converting half of your altcoins to bitcoin is the best thing you can do to be honest. The risk is less when investing in bitcoin. I am guessing you are waiting because your altcoins are already down by 20%? I would say, don't wait for the price to go back up. When your altcoins recover from the 20% loss, chances are the price of bitcoin will be much higher. Also there is na chance that your altcoins might go down even more while bitcoin continues to go up. Also guessing the exact timing of the next altcoin season can be a bit tricky since crypto markets are known for their unpredictability and if anyone says they know the exact "dates", then they are lying. |
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As 2023 is going to be a tremendous year, and the elite are working towards the new world order whereby new digital currency will be introduced. If btc happens not to be part of that agenda, so will investing into btc against 2024 a wise decision?
If you are going to invest in bitcoin. Forget about all those "new world order" stuffs, and see if you can afford to invest or not. I guess you already know by now that the crypto market is pretty unpredictable, and trying to predict where Bitcoin will be next year is almost impossible. While there's potential for growth, there's also risk involved which you should keep in mind. It's essential to keep a close eye on the market and any regulatory changes (which happening a lot now) that may affect cryptocurrencies. Remember to diversify your investments, not just in Bitcoin but also in other assets. Doing your research, learning from others, and staying updated on with current affairs taking place in crypto market will help you make informed decisions. At the end of the day, investing in BTC is ultimately up to you. If you can afford to lose that money, I would say yes go ahead and invest. |
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Not a bad thing to join the events. You can learn a lot from those Bitcoin and blockchain events. People tend to share their experience and you will be meeting like minded people who share your interests in crypto and blockchain. It you are looking for business partners, you can find them there. Those kinds of events also often attract representatives from various companies and projects, which can provide potential job or investment opportunities. And the best part of regularly attending those events is that you can keep yourself updated with the market and the technology.
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Ever since I got to know about binance, they have always been on a logger heads with the SEC for one offence or the other and sometimes this affects the Crypto market. Of lately, binance are at it again with "Commodities and Futures Trading Commission (CFTC) with binance arguing that the CFTC’s charges “unexpected and disappointing” and said that Binance has worked with the regulator for over two years". For quite some times now binance been acting funny with another claims by the CFTC also making more specific claims against Binance which " the regulator said that the exchange and its executives willfully evaded regulations, did not impose identity verification at times, and told customers how to avoid compliance controls — meaning that Binance has not fully addressed the details of the regulator’s allegations". I noticed that the news affected bitcoin price as it dropped below $27000 but gradually picked up back above $27000. So far from my experience I have had on this space, cases like this tends to affect bitcoin as binance is the world leading Crypto exchange and also have influence over the Crypto community and market. Do you think this saga would affect the bitcoin if it looms? Your opinions and contributions are welcomed. Let us discuss. Source: https://cryptoslate.com/binance-calls-cftc-charges-unexpected-says-it-will-cooperate-with-regulators/News involving major exchanges like Binance can have an impact on the overall crypto market, including Bitcoin, but those affects are usually temporary. If you look at the history (or news few weeks ago), you will see that the crypto market has proven to be resilient over time, bouncing back from various events and controversies. This Binance issue might cause short term volatility, people will panic sell, price will fall, others who has been in the market for a while will take this opportunity to invest more and then eventually the price will bounce back to normal. See the market now. Like you said it went below $27,000, but it is already above $28,400 at the time of writing this. |
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Has anyone ever thought of investing in Bitcoin in previous years, but later left out due to negative though that Bitcoin will not have positive value in time to come.
Let share our experience.
As for me I still regret my actions years back, but I still believe that it's never too late.
I also had the chance to invest in Bitcoin early on but didn't jump in because of the uncertainty and not understanding well what bitcoin and crypto currencies are. But when I look back, I don't regret to be honest. Maybe a little, yes, but for most part, no because at least I am sure I won't be jumping into random investments because of hypes and losing tons of money on shit projects. Like you said, it's never too late. The crypto market is still evolving, and there are many new projects and opportunities coming up which might successful and give you some nice profits. But the chances of finding such projects is very slim. Keep learning, stay informed, and make wise decisions. If you think a new project has good potential, then invest a little and hold it! |
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Something crazy is going on, I was watching some price predictions of my favorite altcoins on Youtube yesterday and I was a few videos about some women that claimed that God revealed to them that a certain amount of crypto projects will bring huge amount of money to those who invest in them, are you ready for this?
Shiba inu was predicted to reach 50$ per token, this woman said God revealed this price to her, another channel which is also a lady claimed that God said Shiba inu will be the new wealth transfer for people in few years to this time.
I read some comments and I saw how many people belief in this prophecy, has anyone seen something like this before. What do you believe?
Yeah, sure, what else did God tell her? Anyone that makes investment based on those "divine" predictions (or falls for those scams) deserves to lose their money. Investment decisions should be based on research, analysis, and a good understanding of the market. Using on such "prophecies" for investment will only cause one to suffer. Haven't seen anything like this before in the crypto community, but there are lots of similar scams out there and the worst part is people still keeps on falling for those scams. |
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Exactly! It's essential to think about our own financial future and not just rely on our job's salary. We should always look for ways to grow our wealth and secure our financial future, especially considering inflation and how the values of fiat currencies fall over time. Investing in assets like cryptocurrencies, stocks, precious metals, or real estate can indeed help us grow our wealth over time. But one should choose where they want to invest based on how much risk they are willing to take. Like if someone can't handle volatility of a market, they should better invest in Gold other than investing in Crypto currencies. But like you said, the key is to start investing, even if it's a small amount. It's better than keeping our savings in a bank, where the interest rates often don't keep up with inflation.
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Yeah, it's possible to run a decentralized gambling platform using blockchain technology. These platforms, also known as Gambling dApps (decentralized applications), can operate without central control, which makes it difficult for governments to monitor or regulate them. I think there already are such few casinos out there, but not much popular like regular casinos due to some reason that I don't even know. Likely cause decentralized platforms could have their own set of risks, such as lower user trust (the developers can anytime change the "rules") and potential technical issues that would be such a mess to solve. But you should also keep in mind that even though these platforms might not be under direct government control, they may still face legal challenges if they operate in jurisdictions where gambling is heavily regulated. Even players might face legal problems when playing in those casinos.
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Sorry to hear about your wallet being hacked. You have any clue how this happened? Unfortunately, once your tokens have been stolen and moved to another wallet, it is almost impossible to recover. All transactions are irreversible. So unless the hacker willingly decides to give it back to you, there is no hope. If the amount is huge, you can try reporting the incident to the authorities and provide them with any information you have about what happened but success in recovering the funds isn't guaranteed at all.
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When some people ask questions about gambling, such as "Can someone can make a living through gambling? I don't like to engage in such conversations because those who doubt that gambling can change someone's life are usually those who have gambled and failed multiple times or those who don't really know gambling strategies. Recently, a Uganda pastor who won 100million shillings decided to shut down his ministry. This left me with several questions in my head, such as ' Do religious leaders gamble? Is it right for religious leaders to gamble? Knowing fully well that most of them preach against gambling in their religious places. What is the ethical and moral implications of gambling, particularly in the context of religious practices and beliefs? News source: https://www.reubenabati.com.ng/news/pastor-shuts-down-church-after-winning-n100m-sports-betPeople have different opinions on gambling, and when it comes to religious leaders, it can be a more sensitive topic. The pastor also has a different opinion (or his opinion changed after gambling and winning, who knows...) and when he won, he decided to no longer be a pastor and shut down his church. The pastor here made a personal choice, and it might not necessarily reflect the stance of his entire religious community. As for the ethical and moral implications of gambling, it can vary depending on one's beliefs and values. Some might think gambling is morally wrong, others might think that it is fine to gamble as long as they aren't hurting anyone. |
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Very confusing what you are trying to say here. Did a random woman approach to you to buy bitcoins and you pointed her towards a "legit" vendor? She bought bitcoins from that "vendor", and you received a comission from that vendor for referring her to them? And also the woman gave you 50k because she was happy? This all sounds like some made up story to me. Even if it is real, make sure you teach her how to keep her funds safe, because when she loses all her money, she is going to blame you. -snip-
I have a total of $100 and I quickly used it to invest in bitcoin, the money is amicabily disappearing.
Great that you invested those money in bitcoin. But your "money" isn't disappearing. You still have the same amount of bitcoins that you bought. It's only value that is going up and down. As long as you don't sell, you don't lose any money yet. |
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As a trader, things can get difficult and discouraging if you cannot relate with any other person who will have a good understanding of what you are saying concerning trading, to solve that challenge, are you part of any trading community or group that you share tips and new strategies? What other ways can you say you have benefited from being in a community asides sharing of tips and strategies. Are you doing better than when you did things on your own. Can there be any major disadvantage being a member of such a trading groups? What is your advice to people?
Joining a trading community or group can definitely be helpful, especially for those that are new to trading. It allows them to learn from others experiences, share strategies, and discuss market trends. They can also find help in those communities and groups when things doesn't go well for them. But yeah, it's essential to find a reliable and a legit community. Let's be honest, most of the groups are filled with trader trying to promote shit coins for their own benefit. Those groups promise unrealistic returns to lure traders and push specific coins so they can dump it on them. Even if they do join those groups, they should always do their own research and should not blindly follow anyone's advice. |
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hello, all my friends... now the price of bitcoin has increased quite a lot... and now bitcoin is in the range of 27000.
but I want to ask do you think the price of bitcoin will continue to rise until it reaches 50000 or not... ?I want to hear it from all of you...
and if I sell my bitcoin now I'm afraid the price of bitcoin will fly even higher... I want to hear your opinion...?
It's really impossible, if not, hard to predict the exact direction of Bitcoin's price in the future, but if you look at the charts and zoom out, you will see that historically there was always an upward trend in the long run. Of course, there have been ups and downs along the way, and past performance doesn't guarantee the future. So, whether it reaches $50,000 or not in few years, that is hard to say, but it will eventually happen. If you're unsure about selling your Bitcoin now, consider making some financial goals and set your own risk tolerance. Maybe you could sell a portion of your holdings to cash in some profits while holding the rest for more profit. This way when the price goes up, or crashes, you won't be losing much. Just remember, as long as you haven't sold, you haven't lost anything. |
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A little bit confused here. What does Bitcoin has to do with MLM or HYIP programs? I am guessing you are saying that your experience with Bitcoin has led you to take more risks and try different approaches to reach your dream? Well, bitcoin doesn't teach that. You should now that all risks aren't the same. There are risks involved when investing in Bitcoin and other crypto currencies, but it isn't ask risky as joining a HYIP program. Those schemes in the long run are going to scam you, where as bitcoin in the long run will likely give you some nice profits. Better you focus on learning more about crypto currencies and look for strategies to invest in those currencies so you can minimize your risks.
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I have watched the market and the price of bitcoin is going up, and I think and also usually if bitcoin goes up then the altcoins usually go up in price, for example if btc goes up 3% then altcoins always go up in the range of 7%. but what I see this time is not like that, for example if btc goes up 7% then the altcoin goes up only 3%.
and I want to ask you all what caused the market situation to be like that? and have people started distrusting altcoins or what?
It's true that altcoins most of the time follow Bitcoin's price movements, but it's not always a direct correlation. Sometimes, altcoins might react differently due to various factors like market sentiment and hypes that are created due to project updates. If you look at the charts, you will notice that most of the times, when the price of bitcoin when up fast, other altcoin had the same change, but also when the price of bitcoin started to drop, the altcoins started to drop even worse. Bitcoin can give a general direction to the market, there's no guarantee that alts will always follow the same pattern since the market is very volatile and unpredictable. |
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I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?
We can't say anything for sure, but Elon's support definitely gave meme coins like Doge a huge boost. Without him, they might not have gained as much popularity or attention like they have today. Probably those coins would be some shitcoins that no one ever heard of. Or those coins would never have existed because meme coins wouldn't have been a thing and no one would have bothered to create such coins. But we all know that crypto market is full of surprises, so we can't know for sure. Though it is undeniable that Elon did play a vital role in making meme coins a lot popular than it was before. |
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The world economic challenge is getting worse as the day counts, and I'm still thinking if their were to be no bitcoin how would people cope with all the challenges in this modern world. Bitcoin has really come through for people of this days in different way and in different countries.
In some countries where they have serious unemployment challenges many people have engaged in bitcoin to invest and into other aspects of bitcoin, just imagine if their were no bitcoin how will the common man invest the little he or she has. If there were no bitcoin I know their are investment people can go for but it will be something that the rich and middle class can afford to invest. In bitcoin the rich, poor and middle class can go into it, this is to say bitcoin is for every body.
With the recent challenge in Nigeria where the resigni of their currency has caused scarcity of flow of cash which is really affecting the citizens, I know bitcoin will also make a good contribution in this case because lots of young people in the country are engage to bitcoin.
In different occasions of economic crisis in the world bitcoin has always been there to play a good role. Thanks to bitcoin for it existence in this difficult time of life.
You are right. Bitcoin has been a game changer for many. It's accessible to everyone, regardless of their economic status. People can invest, earn passive income, and even find jobs in the crypto space. Plus, it also makes sending money from one point to another point cheap, easy and super fast. People from countries that has weak currency value and is suffering from inflation can invest in bitcoin to battle against the inflation. But yeah, people should keep in mind about the risks involved with investing in bitcoin or other crypto currencies. Stable coins might be a better option for those that aren't willing to risk, but they should also keep in mind that those stable coins might crash too! |
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