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You can be rich with such amount of btc especially with the prospect of btc rising in the future. If you had a little amount of Satoshi forgotten in your wallet around 3 years ago, you will see how much you have today when you open it. $0.01 you have today as bitcoin is around $45k , it will not be same with $0.01 when bitcoin is $200k for example.
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Someone thinks that the introduction of CBDC will help the development of the crypto industry. Personally, I believe that CBDC will only stick a stick in the wheels of real cryptocurrencies, because they have different purposes. Cryptocurrencies are designed to save a person from banking oppression and make a person financially independent, at least in terms of control over their money, and CBDC is purely a centralized crypto surrogate that is designed to establish centralized control in the digital sector, where cryptocurrencies now rule.
Of very good reason cryptocurrency and CBDC are of different purpose. Cryptocurrency ethusiast understand that CBDC was for fighting cryptocurrency and not to support it. Cryptocurrency have been under critism. Government that have tried to stop the masses in their jurisdiction open up portal for CBDC to discourage the use of bitcoin and cryptocurrency, countries like China, Nigeria and more but El Salvador that has adopted bitcoin is yet to I think so. |
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Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary
It is showing that the market is growing very fast. CMC or coingecko is not the only one feeling the heat of new listing. This area of business is new and I won't be surprised that it is gaining this kind of attention that is exploding the whole place. I believe with time, schools are going to include blockchain technology in their schedule and of course it will lead to more explosion of cryptocurrency coins. We can only be careful not to fall for scam coins because there was a time there was a ponzi coin that scammed investors. |
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I think that the regulations around gambling are way too tight right now which is leading to more harm than good given that a lot of operators just go underground instead of comply with the legislation.
I don't know how the regulation of gambling is going to lead to more harm than good. I think it is a two way thing and it will benefit the gamblers more. It is going to ensure to players that they are guarantee of winnings, scam would be exposed and punished. But owners may be the one not very comfortable with tight gambling role. A tight role will benefit both owners and players. |
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The country's lawmakers want to tax Gambling industry at 30% to be able to earn from them a descent amount to solve the economic fallout from the last year, country.
This is high on one industry. Putting 30% tax rate on just gambling website company is high, it may chase prospective investors off because every investor likes to put money where they can also make profit as quick as possible to take care of start up expenses and pay salaries. At least a 10% tax rate can go. Money generated from gambling as just one sector won't be enough to rebuilding the country. It will put burden on operators and they might eventually collapse and the aim forfeited. So they can encourage other industry and grow them too. |
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This is why I believe that there is a good chance the numbers are fabricated but you can't do that on death numbers, if people are dead then they are dead and nothing can change that and they will be paid by the insurance company so they know what they are talking about.
But is the death of all human at this time as a result of covid-19 pandemic? This is a question that I still think that some data could be fabricated. This is making people more panic and creating restriction .
I am 90% sure that there are more people dying from covid but not shown as covid on their paper so that the numbers could be shown as lesser than what it is. If you tell people there are 200k cases of new covid each day and 5k per day death, then people will panic and you will need to lockdown and you need to basically do everything else. Whereas if you show 30k new cases and 300 deaths instead, then you could continue life like nothing happened.
This is a typical analysis of the idea of manipulation that will create fear in the society. Obviously , if the cases known are announced as lesser and death rate is higher, it will create serious fear. For example in Nigeria the severity is not manifesting in death rate. |
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This is only a matter of the timeframe used, because it is not possible for long-term holders to use a 15-minute or one-hour timeframe but at least weekly or even more than that, unlike people who trade daily. they do checks and analyzes in close TF so it is very reasonable if the price decline occurs to say it is bearish.
on the other hand I'm more comfortable saying it as a correction than bearish
The price correction is currently happening with bitcoin dropping more than $2,000 today and now priced at $45,870. This has been happening since the beginning of the week against some speculation for bull this time. It is still looking bearish on a higher time and I think it causing some hodlers panic. |
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Everyone is entitled to their opinion and if you choose not to take part in this sport contest due to the reputation of 1xbit on this forum which many of that accusations are from the same newbie accounts, the fact is you should try things out yourself rather than following the crown.
the fact is, they have done suspicious/mishandled things in the past that resulted in them having a bad reputation here in the forum. also, you are basically daring people with your half-assed argument to find out whether they'll be scammed or not. I think this is about trying to put the website in the face of users here and not basically about the game itself. I guess many people may be discouraged because of the website running the contest. Meanwhile there other sites that have been holding such contest. |
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You are not missing anything for now but what you will miss is your bitcoin when you sell because of fud or fear and the next moment price is on another ATH scaling higher. You are not sure where price will go likewise the other speculators but it is better to trend on the part of reasoning, bitcoin is getting into adoption and institutions are accepting it as payment . So what do you think ?  |
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As far betting is being discussed, no particular betting option is better than the other one or it is a guarantee for winning every option is a potential winning or losing. Manchester for example has not been a reliable betting team this season. They have not been consistent and going to bet on corner with them is risky. It is better to bet your wish and not to follow prediction because is still falling back to luck.
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it's your initiative and intuitive that really makes our objectives to come to accomplish.
That's true and there is the saying that "how you make your bed is the way you are going to sleep on it". This is about planning out the way you want your life to be in the future. Whether you will make your money work for you by investing early and diversifying so that at the future you can make profit from different areas and not to depend on just one source of income. You are right , we all have objective and we need to work for the success of it. |
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Countries will end up in a worse position though if they don't use their own currency (and switch to another country's fiat).
Every country wants to be independent of another country despite how small it is this is why countries are breaking up to form there own independence and currency identification is a very important factor for every country, this is a challenge for bitcoin to unifying all financial system.
Bitcoin and most cryptocurrencies lack the throughput to allow mass adoption as a currency so far imo.
Mass adoption for bitcoin is still a huge challenge because there are blocs of continent and countries that are not looking positive for acceptance of bitcoin like El Salvador. |
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There are two different kind of leaders ruling around the world, the good ones are helping their economy to grow by increasing the economy status of their citizens for example UAE, Singapore,etc but there are also some leaders who don8care about the people they want tax, more tax and no matter what hits the people they are not going to help the people instead they will loot from them and ket them to starve.
I believe poverty in the lives of masses is the effect of corruption and bad policies. The government of Sri Lanka is as corrupt that policies are not carried out and embezzlement is the order of the day. Inflation is eating up the country and the standard of living falling. The current year 2022 doesn't look of high prospect for Sri Lanka because cost of living is high etc |
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That was a good year for you , congratulations. If you want to help some soccer gamblers here you can share links or website that you select your bets or picks from. But if you have done this great winning achievement by mere research on your own, you have done great work and like some one suggested you can open a thread here to throw in some games for interested people to try betting on too. You surely planning greater winning for this year, I wish you the best and bet as you can bear losing.
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I will take less risk this year but make my finances more stable with some skills development.
Taking less risk this year also means that you are likely not to beat your financial record of last year. I like the part of diversification because no man gets financially stable with only one source of income. Therefore buying varied but high use coins will profit your investment diversification more. You can buy coins like etheruem and bitcoin. |
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In my opinion, shitcoins are ponzi schemes, they have no goals, no direction nothing other than to rip-off folks who buy invest in it and hope that they're gonna make it big overnight not knowing that the odds are against them. I might be wrong but this is just what I think. Do share with me your thoughts. Thank you.
Shitcoins don't rip-off folks but instead some have made huge money out of such coins. Coins like dogecoin in example has gone up last year when there was rally and also Shiba now occupying good position in CMC. You have to understand that shit coins are for fun they turn investors either into profit within few days or you doubt or regret in losses , it is about risk and not to profit all day, |
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predicting game is never been a new thing but i remember that predicting game are already came first before crypto gambling got popular .
Yes predicting site came before crypto gambling got popular and the reason is prediction has been known with sports betting especially football which looks to be like one of the oldest sports. It has been around before cryptocurrency and so many football bets rely on it for their games. However it is not that predictions sites are perfect in winning games. |
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One of the coins you have seen is cantenaX(CEX). It was $7 at first which is reduced to 0.04 today. But today it is 0.11 again. The pump is being dumped almost all the time. In fact, it is not a static pump. It is just going towards the dump. What is it called?
Wow from $7 to $0.04 is really a hard dump and will get investors to regret. This should be called a hard dump if you are looking for what to call it. It is obviously a shit coin not profitable to hodlers. But meanwhile, this coin is not found in CMC, I searched but didn't see it. It is wiser to invest in coins that are listed. |
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There are many sources of investment guidance that we can learn at this time, especially regarding the number one cryptocurrency, namely bitcoin, people are lazy to find out, so investing only relies on speculation, even though the form of speculation does not necessarily have a level of truth, but rest assured many investors have mastered crypto, so there is no difficulty for them to do anything, this factor is what makes many people wrong in analyzing crypto developments as a whole.
I think it is a year that investors are going to pump more money in cryptocurrency investment. Bitcoin is really popular now and the current deep is just for more investors to enter in.. Buying now that bitcoin has dropped looks better and the altcoins market is taking a nose diving too because of bitcoin dropping but it may be temporary because of the new year speculation and doubt. |
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Guy I welcome you back to join us again. I sabi say the race no go dey easy for you and your coming back 4 the new yr na gud package 4 you. You doing a side biz outside make sense and now you go get more expansion.
I wish all of us great achievement this year. I tell you guys say God just dey start new tins 4 our lives.
Personally @ cryptopreneurBrainboss "cum bigger boss", I hala you, Tuwaale for you always.
Boss as your name long, na so the good things wey God go do for you and us this year and beyond go be.
Happy New Year Family.
Edit: @ Wiwo I greet u 2
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