Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
It depends on when the time is, 0.1BTC right now is nothing to own a mansion but it could be happen in 20 years if the blockchain and crypto space keeps evolving like it used to before and bitcoin still a father of all cryptocurrency. But i worried that there will be a coin that able to replace BTC in those time interval because there are so many people are developing new coins and new system right now. That is correct; however, a few years ago, I thought that kind of price for bitcoin was a little low, but now it is extremely high. I recall earning that amount of bitcoin back in 2016, but I was more inclined to spend it rather than save it. Right now, that price is so high that it could buy you something if you had that amount. But in terms of owning a mansion, I don't think so because the price was too low. A mansion would be huge and would include a lot of expensive items, but if we're talking about a simple house, I believe it is possible to own one. |
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It is not impossible to "hack" a casino... but the more popular casinos have check and balances in place to immediately identify "losses" for the casino..so you will not do this for an extended time. What mostly happen is that players find some kind of loophole in the 3rd party games and they exploit it. I recently informed Stake.com about a loophole that was being abused by highrollers on the game "Mount Magmas" and they immediately disabled the game for review. (Push Gaming will look into it and then change the code and it will be re-introduced, after it was fixed according to Eddie)  Most of the "house" balance is stored in cold storage... so a hacker will not get to those funds. Yes I think exploiting loopholes is the easiest and most inconspicuous way to "hack" casinos, and certainly the most common too. By operating like this hackers can even steal more money because the casino doesn't realize it is abused. Not that easy but i think loopholes is always the problem of all website, not secure host, not secure servers, and also less secure coding method which lead to exploitation and some of outdated coding method leads to bugs. Yes when we are talking hackers mostly are black hat which really steal your money and usually this kind of hacker will really into gambling sites unless they are white hat and they report it to the admin or the owner. But as of now i think it is fewer exploit in the gambling websites since it is more secure than before but still it has a possibilty since every new patch then there are new to exploit |
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I am a person who is very far from collecting, and I wouldn't say I like the hype around NFT. It seems that they do not have any unique value; the price does not correspond to the quality.
Yes, I agree, but in terms of NFT games, I believe I am hooked on it and ready to invest in it because we have seen that there are a large number of people playing play to earn games and earning money, on which people who do have money choose to invest their resources. While there are still people who buy paintings or artworks or other items because they want it, we don't always know why they are doing so. However, we should respect them because they are investing their money in it. |
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You have total control over your personal wallet and it’s way safer except you’re careless enough to lose your phrases or keys. With exchanges, you can’t completely tell what can go wrong.
I agree that it is better to be safe than sorry. The best thing to do in this situation is to make sure you have a hard wallet so that it is much more secure, because we never know what will happen to your wallet no matter how careless you are. In exchanges, a lot of exchanges that I was familiar with prior to 2016 are currently down, and if I ever had a coin in their website, I'm not sure how I'd go about getting it from now on. |
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Personally, I don't want to live on cryptocurrencies for a very simple reason, price volatility. So today if bitcoin price is very high and it is my payday I will get less bitcoins. I think it would be much better if you deposit all your savings in Bitcoin. If you trade every day, there will be a lot of risk of loss.
Well this have a point which i think it is kinda unique to me since most people will say yes because they are all thinking that bitcoin as an investment and also of you invest on it you can earn a ton of Money. But on the other side of you think this as a salary then i think it is really difficult since it is really volatile |
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Newbies are not know anything about trading strategies and they invest without any research and then they will loss money.
These are too bad characters of newbies, but I am sure not all newbies like that. Don't underestimate newbies, some of them may have good knowledge about crypto and probably ever trade or invest in another digital market ( ex: stocks market). This type of newbie won't be very careless to invest or trade without any research. Although crypto and stocks market is different, but some fundamental aspects have a similarity. Yes, but the question is whether or not newcomers are more likely to lose money as a result of those points. You make an excellent point about how they were referred to as newbies, but they have already gained knowledge about the subject and are prepared to the crypto world. I believe that the majority of people who are getting into bitcoin are just getting a grasp of what cryptocurrency is all about, as opposed to the previous generation who believed that it was just that simple. Also, because newcomers are already aware of scams, there aren't as many scammers around as there were previously. |
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Never!
This wont happen even on my dreams because government is already existed and we know on how fiat serves as the the monetary system which its impossible for us to revert back.We are now on an era where everything is accessible on the fastest payment system as possible which in just common sense then its really
that not possible for us to go back into those old system.
Broadly speaking, there will be no return to the barter system, but in reality until now there are still many who use the barter system, but basically everything is judged on the amount of fiat. For example, we often exchange cars, but one of them has to give extra money, because the selling value of one of the cars is higher Agreed, when a pandemic strikes, someone in our country devises a barter system with the goal of assisting people in need of food in exchange for something else. I understand that returning to the barter system will be difficult, but we can do it at the same time because the barter system is extremely beneficial to those who wants those items and cannot obtain them without money. As of right now, no one wants to be back in the barter stage because it is extremely difficult; money is everything at this time. |
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What has no one said about SQ's loss? Now, I'm speaking! This is PUBG. After the last games, Tig's face looked like that of a crying child. I'm not sure what rotation they used in the final circle, but I wanted to punch my monitor at the time because that was their only chance to win! Though they are still short on resources, with only a few smokes and a few meds. I'm not sure what I'd say; I immediately shut down the live stream following their loss, but I believe I'd support Gen G in the top 16 for the weekend game.
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Money is the major religion in the world, the world can't do without money, I don't think there is anything that is better than Money apart from the air we breath. Money is what bring happiness and good peace of mind. That's why everyone strive to get.
I did see a documentary about people going to the jungle because they have a lot of debts and after selling everything to pay them off, they went to the jungle to spend their lives without money, hunting for food, growing food, and so on. To be sure, you make an excellent point that the world today could not improve without money, but it did for our forefathers. However, what people are doing now is so greedy for money that they are willing to harm others in order to obtain it. It does indeed bring happiness, but true happiness has a different definition. |
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I really can't get the difference between staking and investing despite been in crytocurrency for almost four years.To me both are simply a form of in investment in a project with the hope of making profits.To other it can mean an entirely different thing.
Staking is a form of investment. As you stake then you're an investor, you buy crypto and hold it then you're investing but you're not staking. It's confusing for others to understand. But investment is a general term. Staking is one of the methods of investing, which is a term that is used universally. If we say investing, we are referring to the expenditure of money in the hope of making a profit or incurring a loss. Staking is a type of investment in and of itself, but it is only one method of investing among many others available in the world of finance. I believe that when people talk about investing, they are referring to holding bitcoins, which they are most likely referring to investing bitcoins, or staking, which I do invest in this coin, which he is referring to staking. |
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that is just sad. I can't think of any reason why would I blame myself for my team's loss. there's really nothing you can do about how the team you're rooting for perform or how well the other team performs. so it is just sad that some people blame themselves when their team loses. it is even sadder that there are people who think that they are bad luck and it makes me think that they are dealing with something mentally and emotionally.
I believe that these individuals are refusing to accept that they have lost. There are a lot of people like this, and they have a variety of reasons for why they lose. However, we shouldn't point the finger at anyone else because it is only a sport and a game of chance. Regarding superstitions, I believe that we all have pre-game rituals that we perform to boost our confidence and also to increase the likelihood that we will be lucky during that time. Despite the fact that we cannot control luck, thinking about it in this manner will attract good fortune. As long as we are not cheating it is welcome no matter what they are, as long as they do not cause harm to other individuals. |
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With the way crypto world is going now and everything is techy futuristic what advice would you give your children when growing up?
Gaming as we know it can now give you monthly payments and as a parent would you allow your kids to get into this just for the money making? To be honest kids are more good at gaming
Lots of children already playing games in their childhood nowdays, many their parents didnt watch them when they are playing which made lots of them forget about time, real life, even when we take their phone they're crying. It's damage their personal development and no guarantee when our kids become an adult they will have revenue like other gamers now. It's better to teach them about life and let them choose what they like when they're growing up. In my opinion, if our child is not doing something , then it is time for us to intervene. However, we do not intervene all of the time because they will not listen at all. I am a parent right now, and I have noticed that my children are interested in gadgets. As a result, I have advised my children to get involved in something other than gadgets, because it is detrimental to their health and they could learn new child skills as a result of doing so. I also played with her to get her to forget about the gadget she had in her head. If we do not assist them, there will be no progress in their lives; we are only there to guide them, not to control them. |
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I would like to set up a wallet for each of my kids and start saving accordingly. I am not sure it is the best idea to create new accounts with DEX's under my name where the future owner will be my kids. Any ideas on best practices a for this?
You can just buy ledgers for them or any other cold wallet and buy crypto for them. You had better store seed phrases on a sheet of paper in your safe and inform your children on how to use ledger and tell them about crypto. It will be a good heritage for them if you buy some Bitcoin and some other mainstream currencies and store them in cold wallets that they will be able to use in the future. Agree this is the best option because it is safe and reliable which you can keep it your self also because if you are creating wallet online it is really prone now a days and i know you will be holding it in a long period of time which we dont know what will happen soon and also not just i don't trust them but i think anytime you will be having problem in converting your money into fiat but if in your ledger it is sure 100% safe and you could get your money |
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Bitcoin is any time to changing the price. So Bitcoin holders check the marketplace price day by day. Then plan to invite and time to acct that time. So Bitcoin holders hold the Bitcoin long time and wait for the price increase. Price will be down that time trading the Bitcoin. Bitcoin holders understand the marketplace price.
It depends actually on the goal of the person HODLing BTCs either for short or long-term. Bitcoin was created with a vision of having to transact in a public ledger without the need of any third-party consensus. Since every transaction involves a PoW system where it verifies past transaction to validate it, it prevents any malicious scams or anything whatsoever. It just so happened that its price significantly increased on the market that people are taking advantage of its volatility. Yah the term differes from each one depending on their economy needs. Those who have more than what needed for their basic requirements, they are comfortable in holding But pin for a long term to get high profits. But yes its wise versa to those who really have a little income and depend on its profit. But yes obviously those who.hold Bitcoin for a long term, they really get huge profits. Agree as long as you have capital to which you can buy a bitcoin . I think for now it should required a lot of money since the price is really high right now unlike before like way back 2016 you can really afford a whole bitcoin which most of the people right now are regretting it as my self also, i do earn bitcoin on that time but i am spending it which also i am glad. Holding too long is not really sure that the price goes up i think we should also think about the losses but the probability of the price is getting higher is really high |
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That will only benefit the casino because by that so-called inspiration they will deposit more, thinking that they can do the same, it's better not to post or inspire people to play but instead educate them on the positive and the negative side of gambling, if you win big that does not mean that you will have the same winning next time, gambling is not a stable source of income.
I believe that posting and inspiring people is still the best way to go, but advertising a platform is something that we can cover if we simply post the best slip and the amount that we won. It is not meant to be a boast, but it may lead some people to believe that they can make a good living by gambling. If you choose to follow this advice, you must do so at your own risk. When you inspire others to bet, you have the potential to win big. For example, when you inspire others to bet on the lottery, they may win a lot of money because you inspired them to bet. |
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At the end of the year, we do not see much progress in the market. The market is still in a correction mode. Meanwhile, the market has been in the same position for a few days. How reasonable do you think investing in Bitcoin now in this situation?
I have been here for quite some time already. 'been regretful that I didn't hodl my assets and just kept my self updated regarding the trends since I have a full time work. It's not a short time investment. It took years before it shoot up for its value today. Way back 2017, it's a lot cheaper you know. Imagine how lucky those who kept their assets until now. Yeah, and unlucky for those who sell it at that time, and I am one of those people, I started way back in 2016 when you could really afford 1 bitcoin, but what I do is earn and spend with no investments and no holding at all, which is why I regret it if ever I hold it, because if ever I hold it, then I think I am wealthy right now. But, even so, I was grateful because it could have helped me a lot at the time because it allowed me to taste all of my favorite foods whenever I wanted because we were poor. |
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Is it possible to buy games for bitcoin?
I believe that there are a few platforms that accept bitcoin as a payment method, but if we are talking about platforms like steam and other game libraries, they are still not accepting bitcoin. However, I believe that this has a future in which they will accept bitcoin in the near future because a large number of people are adopting cryptocurrency. However, as of right now, I believe that if you want to purchase a game in bitcoin, it is preferable to convert it into your own currency or to have it in your paypal account, as the majority of platforms are currently accepting paypal. |
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there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.
In most cases, joining telegram groups and receiving signals is what newbies will do. I used to do this when I was able to find an experienced and well-regarded trader who was willing to provide signals. You will win some trades, but you will also lose some, because there is no guarantee that you will win even if you have a good signal. I am not saying that it is ineffective, but I believe that it is preferable to do it yourself because, if the trader stops giving signals, you will have nothing to fall back on. Additionally, I believe that it is preferable to conduct your own analysis and compare it to the signal that the trader provided. |
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No, I am not at all superstitious. I don't have any superstition in sports betting and in other forms of gambling as well. I don't practice any of those weird superstitions before I bet on anything and during the game or actual gambling itself.
There is really no connection whatsoever between the result of say a football match and your bet. And for all we know both sides of the teams might have superstitious bettors. So either of them will have to admit that superstitions are not effective.
I think because it's already 2021 and people are not very much connected to the spiritual world, superstitious beliefs I guess it's not for us anymore but the survey tells something else. I wonder who they are asking. We do find traces of superstitious beliefs though just like the team praying before they start the game. Maybe the rituals are not that effective anymore but we do have prayers for players and not for the gamblers. Actually when it comes to gambling there are indeed many people who are still whispering to the most powerful out there to make them win. Some are still saying a silent prayer to the wind. Some are still crossing their fingers. Others are still betting on lotteries with the numbers they dream of. I guess this is really hard to take away perhaps because this involves money, and gamblers have always that desire to win. Yes, I agree, others have also purchased tokens in order to make them lucky, right? Despite the fact that it is not working scientifically because it is based on probability, people are still inclined to try their luck with totems, and what's wrong with that? I believe that we should respect where we are and what we are doing as long as we are not cheating and also because it is a free right and only good effects will result if we do so. This is preferable to doing nothing, and if it proves to be effective, we should be grateful for that. |
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Gambling is not a killer, but human greed is the real killer. If you are able to control the desire to keep winning and use your logic that it is impossible to keep winning while gambling, you will surely stop when you have won and will continue playing tomorrow.
Absolutely correct, the only killer is ourselves when it comes to gambling or maybe in most other activities. Gambling is killer is a saying from those who cant accept the worst result of gambling, those who think that gambling will give them easy money, etc. However, we do have a position on this because people who believe that the only way to prevent this is to prohibit gambling with others are not in favor of it because they are earning money and also having a good time while doing so. According to logic, the most serious problem with addiction is within ourselves; if we are unable to control our behavior, we have a serious problem. As a result, people argue that banning gambling will only serve to prevent it; however, the real problem is within ourselves; as a result, we should learn to control our behavior, which I understand is difficult, but it is a better option than banning gambling altogether. |
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