When the number of miners decreases, the reward for completing block will increase, it was anticipated from the beginning by Satoshi Nakamoto, so we don't have to worry about the sustainability of this ecosystem, BTC blockchain has running more than 10 years until now, it will be last forever and so on.
That's true, it will last forever as long as there are miners and they would not stop as mining is still profitable although not for everyone. Even people with less knowledge on technicalities of bitcoin are still investing because they are seeing a lot of money coming, honestly, I believe that 50% of the total investors does not even know how bitcoin network works but they believe on its future because they got recruited from people who are proven successful themselves, but eventually I'm expecting that they will dig more to learn more. Agreed, for sure the network will continue for years and years. People who are good to invest are pouring the money developing their own mining farms. These people doesn't have much of technical knowledge. As in the quote majority of the miners fall under this category, upon the same the chance of miners stopping to mine won't happen. If one leaves two will be ready to get into mining. Whether it is long term or short term, the growth and the network gets stronger with time. |
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If that could happen, now itself more people could've tried it. Importantly bitcoin network could've got a bad image and the governments had a strong proof to stand against the usage of bitcoin. Maybe before the specific number of transaction confirmation, there might be chances of reversal. Just because China has the largest number of miners, they can't take the entire network into control.
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With cryptocurrency no one has the ability to predict the market changes precisely. Even the experts give predictions based on the previous market history and not relative to the network. Crypto rating too the same, because at times there'll be coincidence on the reality and coincidence. The same won't happen everytime. Same as this, ratings need to be considered as a point of market and then analyse about the market. This will help with immediate decision.
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Pi network has got everything running perfect and has the clear roadmap. From different users view, if the pi network coin has got listed to any of the exchange it could've been termed legitimate by most users. Going through the Google Store found pi network downloaded by more than 5m+ users. If it is a scam, surely such a big number of downloads isn't possible.
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I think no matter how many alarms out there to caution a player who's on a winning streak and is about to lose every wins, he will continue to bet. This is where self discipline comes into account. We have to make a habit of not gambling beyond what we can't afford to lose. This comes from developing maturity and experience of facing consequences of losses occurred by gambling urgent and much needed funds. These consequences shape a person into how he will be able to handle it.
Even after consecutive losses or wins it is impossible to stay within limits once the user has got triggered of gambling. Gamblers never stay within limit until the game goes as predicted. As mentioned, all that's necessary is the maturity. Only with maturity one can know his/her limits and the value of money spend unwanted in the urge of making more money. |
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Lottery platforms developed over different blockchain come into existence and soon get termed to be a scam. Lottery with cryptocurrency can give success if it functions with legitimacy. The user interface and the accessibility is simple and perfect, but how this gonna serve the community legitimately is unknown. Now itself it has caused users to think twice, as the winner of the first five rounds were the same user.
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The list hasn't got the big winners out of gambling. If I'm not wrong every gambler who have got listed on the top as winners would've lost big through gambling. Maybe a very few could've been lucky to win big without experiencing big losses. Gambling is all about luck and the mind to take risk. Gambling isn't for the common man, it is for the people with fund and doesn't know what to do with it.
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Stake has started working with other places and they now have like a billion games that is not owned by them, so if you have trouble playing in those games realize that the problem is not stake (probably) and it is mostly those third party apps. When it first got announced I told everyone it wasn't a good idea, having a ton of games doesn't make a casino better overnight, it is not really a game changer, it is quite important to have your own games and that is much more important.
I even talked about how I didn't even trusted the probably fair part of the third party apps. Now we see even VPN acts different on stake owned games and third party games, in the end I would say that the clear choice would be to stick to games stake so that you would feel at ease with the games and what could happen.
Many people including me trust stake.com as they are reliable for many years but can we have the same trust on these third party apps on stake ? Do they provide the same level of probably fair system which stake has ? Whats is the stake say on this ? I will only play the builtin stake games unless someone clear my doubts about these third party apps. Stake has got good reputation and trust from all levels of gamblers. In particular it is the site were most of the large deposit for gambling can be seen. At any cost stake won't let it reputation get ruined. So, after proper analysis and experiment only those games could've been added. Without doubt one can use all the games available, as the wallet is under stake control and not with the third party application. |
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Each and every service and project developed related to blockchain technology and cryptocurrency acceptance prefer to have an announcement thread. It isn't sure to have an announcement thread, but to give regular updates and reach the cryptocurrency users in an easier way announcement thread helps. These days promotion is much required as more competition is high in the market.
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Today the price of bitcoin has crashed in a large level. The price drop happened slowly, and finally it has reached the value close to $10000. If the ongoing price movement is a correction we can make investment by now focusing the growth to take place within the next few months time or by the end days of the year.
Reaching the ATH value can happen anytime. We should be wise in predicting the market and trade. If our plan is to hold then we need to think of the ATH.
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Due to the pandemic people are completely shut into the homes. All the conversation were between the family members. Within the family members beyond certain level we can't share the difficulties we encounter, because they might be experiencing the same. Here the friends part helps big, and this itself could cause difficult situations and end up in stress. So, as an alternate people spending time to gamble isn't a big thing during the time of covid19.
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Even if there is no signs of recovery, they'll create drama that the economy have got recovered hiding everything to the outer world. Surely this will happen, because just to show them as the grown country the suffering and the poverty prevailing is completely hidden from the outer world. People always have a thinking USA is rich and doesn't have a single poor person or suffering for basic needs. The truth hurts.
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Corona virus has changed the entire world and the living condition of people. Everyday we get to see more number of cryptocurrencies getting added to the coinmarketcap. Different cryptocurrencies will be having varied backing and working product. This time using corona virus an platform a new coin into development isn't fair in my view. Right now it is time to make necessary things to make people's life better. Using it a way to market isn't good.
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Every altcoins in the top list is good to invest. Beyond that there were more and more number of altcoins in the market. In recent days I find BNB to be one of the best for investment. Even for small scale trading these altcoins will give better profit as there'll be regular price fluctuations.
Other than top listed altcoins, in recent days more and more number of DEFI projects are entering the market. Most of the DEFI projects have turned to be successful, so it is good to invest on these DEFI Projects.
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It is good to invest at bitcoin unlike the market price. The market price of bitcoin has decreased a little, and following is the altcoins market changes. If I'm not wrong this is the right time for all level of traders to make good earning. Apart from this, every year end there'll be better growth. We're on the last few months of the year, with that into consideration it is good to make an investment at this moment.
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This time it is Indian prime minister's twitter account. Another thing, the hack is associated with the Twitter account for relief fund. Promotion for cryptocurrency from the Twitter account of a country's prime minister is really interesting. This is being done by a team, and some states it is done by a person. Now this information has made more people know about cryptocurrency. Following this incident the government can also take action against cryptocurrency usage.
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All of the market is seeing a small correction, and so its YFI, however it still holds 'strong' at $30k. Not sure why it's not going all the way down...
Yes, it stands strong in the market. The luckiest during this pandemic season are the people who have got to invest on yearn finance during the early days of its entry into the market. Right now there is crash in the market, almost every cryptocurrency has turned to be declining. By the time yearn finance is on the green side. |
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Decentralized Finance in short has got a big meaning within it. For users who have been a part of cryptocurrency investment it can be understood. This is just a platform developed over a blockchain with which one can develop his own financial tools and products to decentralize the investment. For example when we deposit into a bank, we'll get mere interest while the bank receives high interest spending our money on different other shares and loans.
Through Defi this is being eliminated, because everything is open and we used to create our own tools and make the investment. The perfect functioning will happen when the exchange services too go decentralized.
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When something is in high demand, automatically it gets value. This is how bitcoin has got its value, another thing is the technology itself served as an exchange of value. A fine example to state the demand is the guy who threw his hard disk carrying 10000 btc on the scraps. By then it was worth nothing, little by little the demand gave more and more value.
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Errors, lags, and other technical issues were common with each and every gambling website. One can't specifically term it a problem, if the game has got disturbed by the error, then surely the team takes the required steps to ensure everything is working fine. As per the usage by me, everything is smooth and perfect.
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