The Nigerian people are clearly not late to the party from what I've read because it's indeed one of the leading countries in terms of Bitcoin adoption and usage. As for the Central Bank being against trading, there's no wonder that they are. After all, the market possesses a threat to them, so they're trying to fight it. But is the bank's statement enough for a proper ban of cryptos in Nigeria? I think a law is required, whereas a bank can just spread FUD and made non-binding guidelines. However, I might be wrong because I don't know how things work in Nigeria. In any case, I hope the people will be able to continue using cryptos and will fight such unfavorable regulations.
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Op, your guess is evidence-based, which is good, but as was already mentioned, it's not without its problems. The huge one is about the whales, of course. Some of these addresses don't have publicly known owners, but I remember when I looked into the biggest BTC hodlers, some of the biggest ones were very easy to google and see that it's a major exchange. BrewMaster already pointed it out, but perhaps you could try to go through the biggest addresses and exclude those bitcoins which turn out to be in exchange wallets. This can help to make your guess more accurate, I think.
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I've just finished watching a TV show "Ted Lasso" which is about a guy coaching an EPL football club without even knowing football. The point is, he focuses not on the strong individual players, but on the team's morale and cohesion for the game. Here's a poster in case you might've seen it but aren't sure: Image SourceAfter all, football is a team sport, so the team working hard together is not less important than a few very strong players scoring some goals, right? Those who bet on football matches and do thorough research often look into injured players and stuff like this, but I have a question: do you ever try to assess the integrity of the team itself in any way before placing a bet? Do you think it matters in real life, or is it just a nice fantasy of a TV show?
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No wonder they finally realized they're missing out on a huge financial investment opportunity. But I think with Tesla the case is quite different. For one, Tesla actually bought a ton of BTC, whereas BlackRock just started experimenting with BTC a little if I understand it right. Secondly, Tesla is willing to accept BTC as payment, so Bitcoin is not only an asset, but also a form of money for them. BlackRock, on the other hand, is about profit rather than anything else. And finally, it seems that reputable websites published their news articles about it weeks ago, but something sparked interest for less popular websites recently. So if there was any impact to be made by this news, it already happened.
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https://honest99.bet/No "register with google" No "1000 free spins" Open-sourced, 100% decentralized No BS, only truth You're saying that the 'no need to trust' part is explained, but it's not explained in this post of yours, and that's not great. I know some casinos don't require trust because they're built on smart contracts and all the payouts are handled by those contracts automatically. Neither your post nor your website really explain anything about the nature of your casino, and you should really write down explicitly how it works, so that any typical gambler can see and understand it. And it should be written not in your replies to other people, but on the website and in the first post of this thread. This casino might be an interesting project, but you need to make relevant info easily available and user-friendly.
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What exchange glitch ? and what multiply ?? So give me back my deposit scammers!!! Moderator, why you dont do nothing with that scam?
Unfortunately, this is forum's policy. Moderators are not responsible for the content and don't get involved in deciding whether something is a scam or not. However, there's another way the forum members get involved and can give casino negative trust. You should create your own thread in Scam Accusations where you write about your case and attach screenshots. It will catch more attention there than in this thread. However, if you did create multiple accounts on the website, please note that this is not allowed and in that case the casino can block your funds reasonably.
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I think what might stabilize the price is more and more people being Bitcoin hodlers. Then it would be less likely that the majority would react similarly to major news and events, triggering bull or bear trends. But that's just my intuition, it might not actually be true. As for the dynamics of volatility, I wonder if anyone figured out a way to calculate it and give proper assessment and whether it's a fact that Bitcoin is not more stable nowadays than in early years. But when I see the charts, it seems to me that the price was more jumpy in 2013-2014 than it was in 2018-2019 if we're talking about percentage. And I couldn't fine the data about the early years of Bitcoin, but I think the change in percentage was even higher.
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It's a great question because it seems that many shifted easily from seeing Bitcoin as money to seeing it as a store of value. I, however, still wait till I can buy food in BTC in a local supermarket. The fees are very high, especially when the price is changing rapidly and people suddenly become more active. I think the idea of accepting zero-confirmation transactions which was discussed on the forum is worthy of attention because it's a simple solution that might at lest work in the meantime. I hope that the idea of Bitcoin as money is not outdated, and we'll see it being implemented within our lifetimes.
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The website looks simple, but quite okay for playing. However, I wanted to ask about you being licensed by Bustabit. Is there any proof of that you could provide? If so, it would be good to see it on the website, so that other people with similar questions can easily see it. I also didn't see whether you ask for ID or not, and in which cases. This info should be available in the Terms of Service because it's important to many gamblers. And do you have a minimum deposit or just a minimum withdrawal? I also wanted to ask whether the fee is fixed on 20 bits, or it is 20 bits for the minimum withdrawal, but higher for bigger ones.
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Since the website's very new, how about some welcome bonus for new users to test the games and give feedback? I also wanted to say that your Terms of Service are way too short and don't contain some important information. What is the minimum deposit and withdrawal? What is the maximum bet (you should set something like this or otherwise you might not be able to pay out the winnings because you simply don't have enough money)? What is your KYC policy? And I had trouble understanding this one: This is not a very “professional” company. This is an idea that will add value to both the platform’s team and its users.
I just don't understand how to interpret it and what kind of value it somehow adds.
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We have seen a massive surge in bitcoin price since we enter into 2021 almost same, trend happen in 2017-2018, only there is a big difference, in a situation today before, I think it was just a pump, but there is a big difference in this year's price rally things that are notable are the following, the influence of Elon musk, Visa considers to enter to cryptocurrency, Paypal decided to open to cryptocurrency, banks, and other institutions open its door to the possibility of using it, suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.
The support seems stronger this time than it was in 2017, I agree with that. However, I still think the price got pumped too fast, and it's overhyped. For years, there was barely enough support for $10k, and now suddenly a few events occur and Bitcoin is worth four of five times as much? I think it's a huge overreaction of the market, and eventually it will end with at least a 50% decrease of the price. It's not adopted that much in comparison with 2019, and it's not used or widely accepted that significantly. So the price is still largely justified by FOMO, and this can't last forever.
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I'm just never risking it with the fees because there's a good chance of a transaction not being rejected, but just being stuck for a long time. I remember that back in 2017, a friend of mine got greedy because the transaction fee was about $20, but she just chose to pay, like $1. The transaction remained unconfirmed definitely longer than a week, and I think it was even a few weeks before it was finally confirmed when the average fees went down, but I'm not sure about that because it was a long time ago. It's usually better to pay up and not worry because once it gets stuck, it's hard to facilitate the process.
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I think we should really stop focusing so much on buying Bitcoin because what's the point of buying if you have to sell it at some point to actually use it? We need to focus on adoption of Bitcoin as money, and whether it's growing with BTC's growth of popularity. It's also important to address the issues that prevent large-scale adoption, such as very expensive fees which are the case whenever there's high traffic. And if we're talking about investing, I think that buying only what you can afford to lose is a better advice than buying as much as you can.
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I messed up, big time. I don't think I've messed up that much in a long time. I sold my almost last bit of Bitcoin I had, (about 0.03 BTC), during yesterday's new all-time high at approximately 37.000 Euros. It's definitely a small amount, close to nothing, especially when comparing to what you guys probably have, but I totally screwed up.
I did it thinking that the price would crash later on, then proceed to spend that money to buy more Bitcoin, but I don't see that happening. I should have kept my balance intact, 0.03 BTC would still be 0.03 BTC, now, in order to buy back I'd have to spend way more money than I would. I think that I might be panicking way too much for nothing, I mean it can't continue rising forever, but the thought of regret is eating me.
If you profited from it, it's totally fine. But buying back now would make you lose money, so that would be messed up. Financial decisions are yours and yours only, but I wouldn't buy BTC at such a high price. After all, Bitcoin always seems to go down eventually, and go down quite significantly. But selling and then buying at a higher price is clearly something involving a loss of money which then has to be compensated by the price rising even more. If your plan was to wait for the crash, maybe waiting for it is not a bad idea. Of course, it might never come, but it's still early to say for sure and waiting for a bit to see where this is going doesn't seem that bad.
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It's not all black and white. China is quite a hostile place, but crypto mining is still concentrated there. As for Russia, it's cool that trading is allowed, and not recognizing Bitcoin as legal tender is a very typical policy for regulating cryptocurrencies. As for Nigeria, I hope this will be overwritten soon because Bitcoin seems to be quite important there. To the list of unstable countries I'd also add India who keeps introducing and removing the ban of cryptos. In many countries Bitcoin and cryptos in general remain in the gray area when they're neither legal nor illegal, so these countries could also be added to the list (especially since Russia is there), but I think that this lack is regulations is actually not that bad for the community of crypto users.
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It is important that you have personal knowledge on sports that you are betting on. Basic knowledge is good however diving deep to stats is better. In that way you are increasing your chance to win in every bet and will also boost your confidence knowing that you knew a lot about the from basic to advance informations about any game.
It's surely better theoretically, and when I was starting my active betting, I thought so as well. But now I see some people who definitely know way more about football and the teams than me, and yet they're doing worse than me on average. This is what made me wonder if what seems obvious is actually true and whether successful betting on sports is truly about diving deep into sports. Knowing what game and not knowing how the players play, how will you judge who can win and who would lose?
I make my picks based on three things: the odds, match history between these teams and how the team played their games this season. Maybe I've just been lucky the last few rounds, and then all will get back where it's supposed to be, but I'm just drawing on my current experience and asking others to share theirs.
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I'm still placing my bets in BTC, but I do make them lower because the price is way higher right now. Moreover, since the transaction fees are currently truly crazy, I don't withdraw and deposit money for now, but instead play with what I already have. I see no issue with playing when the price is high, really, because it's always possible to adjust the bet amounts and thus regulate how much I'm spending. If the fees don't calm down, however, it will eventually prove problematic because I usually use a few dollars worth of BTC for my bets, so paying more to transfer money than to actually gamble would be crazy for me.
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Steve, thanks for the announcement of the new Multi Magic. I'll try it this time! I received 1 mBTC Free Bet from Steve, and placed it with some crazy odds here
I'm sorry that you lost, but it was something almost bound to happen. I tend to place my free bets on low odds (close to the 1.5) minimum, but on the games I'm not familiar with (just to make it a little more intriguing. I won my previous two free bets like this, so I'm not motivated to change the strategy: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fl4pPNQm.png&t=663&c=a2tSDVERwp4fqg) And here's my current bet, still active. I guess it would be fair to lose this one, but I still hope to win once again ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhH5fe7r.png&t=663&c=E1r21GPt0JeBwQ)
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Make sure that you're using a good website with high reputation to avoid being scammed. Other than that, you just have to remember how much some basic amount of BTC is in USD, and then make approximate calculations. For instance, 0.001 BTC (or 1 mBTC) is around $40 (now it's a bit more, but normally it's a bit less). Just remember this and then just consider approximately how much is required to keep playing. The more you use BTC, the better you know this kind of basic stuff, and then eventually you get used to it all being displayed in BTC and don't even care how much exactly it is in USD.
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Bitcoin is money, if its value goes up, you are making money. You can't buy 2 pizzas for 10,000 bitcoins anymore, in fact you can buy 4.5 times more pizzas than a few months ago. It may look like you're not making money before you sold, because it's hard to spend Bitcoin, as places that accept it are still very rare, but if you look hard enough and are lucky, there are opportunities to pay with BTC directly.
I think it's actually trickier than that, and not only related to Bitcoin. If a person keeps hodling and hodling, and never spends the BTC this person once bought, I'd say it doesn't matter what the numbers in the wallet show. To actually benefit from having BTC, one has to either sell it for fiat and exchange fiat fro goods/services or use BTC directly for goods/services. In any case, using it eventually is crucial, because until you do that, it doesn't really matter whether you have 0.1 BTC, 10 BTC or no BTC at all. People tend to live their lives hodling without ever benefiting from the wealth they had.
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