Bitcoin Forum
June 26, 2024, 07:01:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 [217] 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 ... 345 »
4321  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: July 26, 2023, 09:37:38 PM
Mbappe is one of the best players in the world and I can't believe that we are talking about Saudi Arabian teams hiring this player because they have enough money to do that and they can even give huge amounts of money to PSG and Mbappe so both of them will be happy and accept this offer which is not something surprising.

Mbappe is one of the best. I can agree with that statement. But we need to see whether the move from Al Hilal is serious or not. They are offering him $332 million per year as per news reports and Mbappé is yet to sign the contract renewal with Paris Saint Germain. However, it looks like Mbappé will refuse the offer and will become a free-agent. My guess is that Mbappé will refuse to travel to Saudi Arabia, and will instead join Real Madrid. Back in 2022, he had expressed his interest in joining the Spanish club. At this point, he is not thinking about the money.
Isn't our scenario intriguing? Kylian Mbappe, a genius, is juggling contracts, money, and decisions. He rejected a $332 million deal from Al Hilal. He is under contract with Paris Saint-Germain, but he appears to aspire to play for Real Madrid, a Spanish prize. His 2022 dream! Is he mad? Who wouldn't want to play for a famous club, even without money? He might reject the Saudi offer and leave PSG for free, complicating matters. PSG, who wanted him, lost him. Can Madrid match this costly deal?
4322  Economy / Gambling discussion / Re: Can Casinos Go Bankrupt Because of Player Wins? on: July 26, 2023, 09:15:43 PM
If a gambler wins a lot of money or a big amount of money at once some of the gambler sites may held his withdraw or block his account or start investigating in order to not to pay that particular person. They may find excuses to not to pay him but the good sites will never do such cheap things.

Coming to the point whether the casino can become bankrupt I think only the new casinos can have this problem or if those casino being run by the inexperienced persons.

To build a casino requires a sizable fee, even though the casino is an online casino. Usually, business people engaged in this industry will first calculate how much money they need. that means, to build a casino requires sound financial logistics. or, looking for some investors to build the casino. So, it's not as simple as we imagine if building an online casino is easy. at least, they have prepared including the financial logistics.

So, referring to what you said, if the casino is a casino that has a reputation that can be trusted and its credibility can be accounted for. the casino will not make it difficult for its customers, let alone to withdraw the winning money that wins to be theirs. unless it is suspected of cheating. or, must meet regulatory standards in case of large withdrawals. An established casino will not go bankrupt because there are users who win big wins. After all, each casino will limit the betting of its users according to the limits they provide. so, it is unlikely that the casino will go bankrupt because one of its users wins the jackpot. except, that the casino is an illegal casino that doesn't have a license or it could be that the casino is run by people who are not as competent as you say.
Online or offline, opening a casino is difficult. No doubt, it's an expensive operation. It's not only financial; there's the legal and regulatory circus. Now, trust. A good casino wouldn't make withdrawals difficult. A well-run casino knows that winners are its best advertisers. What's better publicity than a customer winning big?

You're right again about jackpots bankrupting casinos. Casinos have bankroll protection. Casinos won't let gamblers wager without limits; that's a certain way to go bankrupt. A respectable casino has nothing to worry about. Everyone should be aware of fly-by-night operations.
4323  Bitcoin / Bitcoin Discussion / Re: My Appeal to the Average Joe and Jane Bitcoin Investors: Buy Bitcoin Now! on: July 26, 2023, 08:52:35 PM
Dear Average Joe and Jane in the Bitcointalk Community,

I hope this appeal finds you well.

I am writing to appeal to you to please consider buying more bitcoins now and not wait for big institutions to start adopting it before making a decision.
You don't have to appeal to anyone to invest in Bitcoin, except if you want to bear the responsibility of being their financial adviser which I don't think you are,  allow people to do what they want when it comes to buying Bitcoin because investment in Bitcoin is a choice, people that find Bitcoin interesting and useful will Buy.
However, you can tell or spread the gospel about Bitcoin but leave people to take their investment decision.
Why not when some people are hard to convince and then there are people who don't prioritize Bitcoin if ever they invest in crypto. And so what if he bears the responsibility of being a financial advisor? I won't be afraid when the coin that I recommend is a solid coin and I have adequate knowledge to teach them about the do's and don'ts. It's already their fault if they can't follow the lesson that I provide.

You can say that we must allow people to do what they want because it's their money but I think that's also selfish. And you don't want Bitcoin to increase in a higher level? It can be achieved easily if more people invest on it and they will do the right thing.
While I get the whole "education is key" mantra, lets not forget that with great power (or in this case, knowledge) comes great responsibility. Playing financial advisor isnt a walk in the park, and mistakes can be costly - literally.

Now, onto your point about Bitcoin. Look, Bitcoin's great and all, but there's a whole universe of cryptos out there! Its like limiting yourself to only eating pizza when there's a smorgasbord of world cuisines to explore.

As for driving Bitcoin's value up... Yeah, in theory, more investments lead to higher value, but in practice, its a tad more complicated than that. There's also the risk of saturation and the fact that Bitcoin's value is also influenced by a plethora of other factors that we have little to no control over.
4324  Bitcoin / Bitcoin Discussion / Re: How is the Exchange Rate of Bitcoin to USD and Other Currencies Determined? on: July 26, 2023, 07:15:18 PM
Bitcoin's supply is hard-coded at 21 million coins. Scarcity results. Market attitude, geopolitical developments, regulatory news—all affect demand. These factors can substantially affect Bitcoin demand and price.

There's another factor. Bitcoin's exchange price varies. How come? Each exchange has its own buyers and sellers, causing price differences. CoinMarketCap displays an average of exchange values at that moment. Isn't this digital age amazing?
4325  Bitcoin / Bitcoin Discussion / Re: BlackRock: “The optimal BTC allocation is a large 84.9%” on: July 26, 2023, 07:06:21 PM
First, the 60-40 equity-bond portfolio with gamma=1.5 risk aversion isn't fixed, right? Market conditions, risk tolerance, and financial goals heavily influence allocation decisions.Is your 2.625 Bitcoin ideal bet fixed or flexible? Market conditions alter, thus sticking to a number could miss chances or cause problems.

Decentralization is important, but it's not everything. Utility, adoption rate, and regulatory environment can dramatically impact Bitcoin's value. Your thought experiment about Satoshi keeping all Bitcoins is intriguing, however it oversimplifies cryptocurrency valuation processes.
4326  Bitcoin / Bitcoin Discussion / Re: What if salaries were paid in BTC on: July 26, 2023, 06:49:59 PM
Having Bitcoin replace cash as a method for paying salaries is kind of complicated

On the one hand, getting paid in Bitcoin would boost interest in the currency, add to its credibility, and possibly support its value. Workers in countries where the currency is depreciating at an alarming rate, such as Venezuela or Zimbabwe, can benefit from this as well. It could be a huge relief to get paid in a cryptocurrency that maintains or increases its worth.

However, volatility is king in the cryptocurrency market. Envision getting paid one day and then seeing a 20% cut the next. Not ideal if you still have to pay your rent or buy food.

Because of the potential loss of sovereignty and control over monetary policy, governments throughout the world may be hesitant to allow Bitcoin displace national currencies. This is undeniably a difficult problem.
4327  Bitcoin / Bitcoin Discussion / Re: Bitcoin self-rating on: July 26, 2023, 06:17:49 PM
Bitcoin and Bitcointalk? This pair has made a big impression on me. There are no "get-rich-quick" schemes going on here, mate. I see Bitcoin as a shift in the way money works, and this forum as the driver's seat.

My rating? Let's just say I went from being a crypto-newbie to a crypto-enthusiast faster than Bitcoin's bull run in 2017. But what a ride! Even the crashes taught me something, like the nights I couldn't sleep because I was watching the news.

Educated about money? Check. Every time I add a Satoshi, I feel the weight of being in charge of my own money. It really gives you power. What's my place in the world? Well, let's just say that Bitcoin has helped me go from being Joe Average to being Joe Financially-Aware.

I've learned a lot about privacy from reading about pseudonymity and anarchy. Wallets, mixing devices, Tor... I'm playing the ultimate game of hide and seek because of Bitcoin. So, yeah, a big deal?
4328  Bitcoin / Bitcoin Discussion / Re: Is Michael Saylor a modern apostle like Peter and Paul? on: July 26, 2023, 05:48:41 PM
If Bitcoin were to replace the current global financial system and achieve widespread adoption as a decentralized and reliable store of value, some enthusiasts might see Michael Saylor as a visionary or a pivotal figure. Similar to how Peter and Paul played crucial roles in spreading the teachings of Christianity, Saylor's active promotion and strategic investment in Bitcoin could be viewed as instrumental in driving its adoption.

The analogy suggests that just as the apostles were significant in the establishment and spread of Christianity, Saylor's dedication to advocating for Bitcoin and integrating it into his business strategies could be perceived as foundational for a potential future financial paradigm.

discuss
It's important to remember that Bitcoin, while innovative, is simply one piece of global finance. Bitcoin has several appealing benefits, like as decentralization and a capped supply, but changing the financial system is difficult. Regulatory, scalability, and energy consumption difficulties hinder it.

Staking other cryptos allows you to earn interest on your assets and profit from the crypto industry. These gains, albeit tempting, can be significantly diminished by rapid market falls. Thus, market trend monitoring and diversification are essential
4329  Bitcoin / Bitcoin Discussion / Re: Bitcoin: Bull/Bear Market Which Do you Prefer? on: July 26, 2023, 05:07:48 PM
Both are important and one will have no value without the other. Value is determined by supply and demand. But if the market stays the same, no one will be interested in it in case of market importance. If the market keeps on rising at a constant level, people will keep on buying and never sell. The same goes for constant dumping. People will only sell and as it will never go up, no one will ever buy again. So in order to keep the market running and people making profits and losses, we need both situations. I mentioned losses because one's loss is another's profit.

Some see the bear market as a bad thing. Because the price is dumping. But for those who are aware of the opportunities they will get in a bear market, it is a good thing to them. Because as you mentioned in the OP, they can fill their bags with more Bitcoin so that they can make a profit later on. But in order for this to happen, a bull market is necessary. Because you can only make profits when the price will rise again. So they both are connected and if you know your stuff, you can take advantage of both situations. So, I prefer both. One is useless without the other.
There's a third perspective that we could consider - the sideways market. Its where the market neither experiences a significant uptick (bull) nor a major downswing (bear). In such a phase, the market moves horizontally, presenting yet another myriad of opportunities and challenges. In fact, in this stage, investors often consolidate their positions and can also test their strategies.

Additionally, the relevance of a bull or bear market might not matter to certain types of traders, especially day traders, who make profits from small price fluctuations within a day. For them, market direction is irrelevant as long as there's volatility and liquidity.
4330  Bitcoin / Bitcoin Discussion / Re: A neighbor next door on: July 26, 2023, 04:46:19 PM
This is a moral conundrum. The relation between legality and morality can be challenging. Bitcoin is a novel way to handle money, but because its anonymous, its often used to cover bad behavior.

However, teaching someone about Bitcoin does not mean you endorse their unlawful activities. There are various reasons your friend may wish to know this. You dont know everything about his goals, even if they look questionable. It may be safer to direct him to public sites where he can obtain this information.

In the end, he is ethically responsible for his actions, not the Bitcoin teacher.

4331  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: July 25, 2023, 12:13:34 PM
Your worlds are quite logical because there is no guarantee of winning the lottery. If someone buys lottery tickets at a certain rate throughout his life, there is no assurance that he will win rather there is a high probability that he will loss. So all the time in his life that he spends his money on the lottery can be said to be a total waste. In this case, many people think that if fate favors him, then he can win. But that number is negligible. If a small amount of money can be spent which is not a problem, then a person can buy a lottery to find his luck.
Just buy one ticket in every lottery, technically you has a chance to win every lottery even though the chance is near to 0%. However I think the popularity of lottery is greatly reduced due to impossible to win and there's no fun when you buy the ticket. Unlike sports betting where you can watch the match and enjoy it.

What's make lottery is bad because there's no transparency to pick the winner, that's why most people think lottery is a rigged game.
Even if there is transparency in selecting the winner of a lottery, it is still not worth it because the chances of you winning will still be tiny because of the number of people participating in that lottery. One should only take part in a lottery where there aren't a lot of participants, but when that is the case, the reward won't be too enticing, the more participants, the higher the reward will be, that is how lotteries work because they give out a portion of the total amount collected through sold tickets.

However, people who spend a lot of money on buying lottery tickets should stop doing that because the result is totally dependent on your luck, and buying more tickets or having a higher probability of winning won't actually make you win because even someone with a single ticket might win against you with a lot of tickets if they are luckier than you.
The lottery's excitement is the uncertainty. The odds of winning are minimal, especially with a large pool, but isn't that the objective of the lottery? Finding smaller lotteries with higher chances is too practical and takes away the thrill and excitement of the game. Does receiving a lower prize make it any less sweet?

Buying more tickets doesnt increase your odds of winning sounds oversimplified. Even if a single-ticket winner is lucky, each extra ticket increases the odds of winning, even if only slightly. Isnt the raffle about taking these slim chances?
4332  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: July 25, 2023, 11:49:32 AM


 If you happen to find yourself in a religion that say gambling is a sin and could end up being ostracized then it's in your best interest to either be obedient and keep to the laws of your religion or you could change to another religion where you would not be criticised, left for me inthink why most religions comsider it a sin is because they feel it promotes greed and other illegal activities, however it would be very bias when the say it's a sin but only discriminate or punish women only because that would be promoting gender inequality.
 Anyways the ratio of men that ate gamblers would always be greater than women due to factors like religion, gender inequality, fear of discrimination an so forth, also men in our society you'll find men more interested in things related with gambling, like sports, video games, and other events and since most don't have an idea about it, they see no reasons to pick interest in it as well, hopefully in future more women could likely begin to pick interest in it because of the introduction of women to various sporting activities.
The ratio of men vs women gamblers is high and aside from the various reasons you mentioned, there is any factor that you failed to mentioned as being responsible for the higher rate of men involvement in gambling vs women and that reason is the risk and responsibility of providing for the family which put man at the higher risk of trying to make enough to care for the family, because unlike the women who's mahor responsibility is on the husband, it then means that the male forks take more risk comoared to the women since gambling is a high risk game, the female forks will be more skeptical about it and i  most cases tend to look away from gambling and focusing more on some othe realistic real life activities.

So this difference have made a limitation to women's involvement in gambling and this differs from country to country and region to region and all the same with the coming of online gambling,  the number of female gambling has increased and more also it is a fact that there can now gamble in privacy which is more inclusive in the region where gambling may be prohibited or banned.

In my country today, gambling in some regions is prohibited but the Sharia/Islamic laws that prohibit gambling also have several other laws that set limits as to women's involvement in public affairs,  and these limits have affected both women and men in many ways which have pause a limitation to the general public involvement I gambling.

But if you as me to make a ratio as to the rate of women vs men give men 80% and women 20% from the total of 100% so this is a pointer to what I mean when I said that the male. rate triple women's involvement in gambling.
Isnt it too one-sided? Men bet more since they're providers. Protected by men, women are more risk-averse. Isn't this too simplistic? Traditional positions are being renegotiated or challenged in the 21st century.

Today's women are independent, working, and sharing family duties. Isnt it better to include this? Could their gambling be influenced by social acceptance, education, or risk tolerance?

Regional and cultural factors also matter. But responsibilities change. As you said, female online gamblers are rising. However, increased access may explain it. Consider that your 80:20 % may change depending on a region's location and culture.
4333  Economy / Gambling / Re: The Rise of Crypto Gambling: What You Need to Know on: July 25, 2023, 11:25:17 AM
If people want to play gambling in peace, they really have to be able to choose a trusted casino and even though the casino asks you to do KYC, you don't need to worry because the casino is trusted. For now, the gambling business has become bigger and is developing rapidly, especially for crypto casinos, which have gained popularity since the pandemic yesterday. People who cannot leave their homes are starting to use online casinos, both fiat and crypto but many gamblers are also switching to crypto casinos.

And this KYC problem seems to be starting to change for crypto casinos because several casinos have already started implementing KYC for their members, especially those who win a lot of money or make big money deposits. Crypto casinos have also started to be careful about all the illegal activities that may occur in their casinos so they implement rather strict KYC.
Yes, you are right, after all, there are lots of trusted casino recommendations on this forum, of course, from the community, they also always provide recommendations. Beginners should be able to ask about trusted casinos on this forum, because as experienced gamblers, of course, we will also recommend the best ones, so people don't need to worry about KYC because there are several reasons casinos ask for KYC and some don't.

Many people misunderstand about that, sometimes little gamblers are afraid of KYC so they go choose small casino sites and scammers so they lose money, after all what KYC means is for example giving out our identity when the system detects illegal deposits or activities, big wins or big deposits maybe the casino will ask users to complete KYC, besides that everything is safe even I have never been asked to complete KYC because I am a little gambler. withdraw hundreds of dollars without KYC as long as you play honestly at a big and trusted casino.
I admire your trust in the casinos suggested by the community. But that doesnt mean you shouldnt do your homework before working with them anyway. Consider the casino's operational transparency, licensing, and history of managing customer complaints in addition to its position in online forums while making your decision.

That some people don't fully grasp KYC is a valid point. But I feel compelled to add that sniffing out wrongdoing is only part of the story. It's a rule that needs to be followed so that crimes like identity theft and financial fraud don't happen. It has nothing to do with how large or small a gambler you are and is instead a measure taken to maintain trustworthiness and openness in the online gambling system.
4334  Economy / Gambling / Re: WebSport.io - Dex Sports Betting on: July 25, 2023, 11:02:03 AM
You appeal globally because you serve numerous countries and subtitles. But, ah! Higher costs and multilingual support won't set you apart, will they? Adding USDT and BUSD increased customers. Multi-blockchain adds intrigue. How would you ensure that all chains work and are safe? Your basketball and tennis pre-match and live betting ideas fascinate me.

I can't help but wonder whether you've considered introducing more games, especially eSports. Its rising popularity may draw visitors to your site.


I'm excited for the start, but I need more information to decide
4335  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: July 25, 2023, 10:39:32 AM
My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?
I don't have a winning target based on my financial needs and for this reason I place my be on games with potential low winnings. I gamble responsible and I don't need to think that if I increase my bet I will hit it big. All these thoughts comes into the mind of gamblers that are chasing their losses,because they want to recover all their loss in just one game.

See gambling as fun and always set out your gambling budget for the week and day so that you wouldn't see winning as something that will be achieved whenever you are gambling. Don't think that you can win the house edge and don't see gamble as a means of living or else you will become a victim to addiction.

Aren't you a model gambler? In a field where impetuous choices and large losses are common, this calm approach is refreshing. Bet on low-payout games to avoid risk? Brilliant! Safety? Isn't life too short? Good thing you don't chase losses or let "making it big" cloud your judgment. These ideas lead many to danger. Your technique limits your winnings but prevents losses. Gaming's draw is uncertainty. Risk-taking pays off. It's great to think of gaming as fun, but wouldn't excitement and a big win make it much more fun?
4336  Economy / Gambling / Re: Question about casino, sports bet on: July 25, 2023, 10:16:20 AM
Most people have the same concerns about gambling applications and that is the reason why most platforms don't develop mobile applications for their casinos they know it can be a security threat for their gamblers and the casino itself because mobile applications are way more vulnerable to attacks of all kinds than a web browser, mobile applications can even get infected using malware used by attackers.
-snip-
Yes, android applications are easier to hack and also infiltrated by dangerous viruses, so it is very rare for crypto gambling sites to have android applications.
After all, most gamblers are comfortable and also like to access directly through a browser compared to using an application.
With a casino application, of course, spending an even bigger budget and the average casino chooses to minimize the budget, but the team can still work well when operating a gambling site.
Besides that, hackers can also make a replica of the application that resembles the original application so that people download it incorrectly. Those hackers know how to spread their app on many sites so that the people who see it will think it is the original app from the casino site and download and install it. That's when their phone will be controlled and hackers may take all the data. Many gamblers still visit the casino using the browser on their computer, laptop or phone because it's not too heavy unless your internet connection is having problems. Instead of spending more money to make the application, the casino should use those funds for promotion.
Of course there are many fake apps that are made to cheat and what's amazing is that they are actually almost as perfect as the real ones.
Like the case that happened in my country a few months ago where many people lost all their deposit money because they used a fake gambling site application but this casino operated using fiat.
If you really want to use an original application, it's better to download it from the official casino website, which will be used to avoid fake applications that are already rampant.
There are several advantages of accessing via a browser which of course we can get.
Similar to the proverbial "wolf in sheep's clothing," these phony apps try to trick users into thinking they are from legitimate businesses. Your recommendation that users stick to downloading software from trusted sources is spot on, but dont you believe it needs to be stricter than that?

The best way for us to avoid falling into these traps is to utilize secure devices and browsers. Firewalls, encrypted networks, anti-malware programs, and phishing detectors are all necessary to combat these malicious actors. As an added precaution, make sure to update your software regularly, use a strong, unique password, and avoid clicking on unfamiliar URLs.

After that, awareness-raising is the next step. Forgetting the old adage "If it looks too good to be true, it probably isn't true," we often overlook the most difficult path in favor of the quickest and easiest one
4337  Economy / Gambling / Re: Duelbits.com | How much time for a withdrawal? Been 7 days+ on: July 25, 2023, 09:57:19 AM
I changed thread title. As of now it’s been 7 days with no update whatsoever. For me, it’s the second longest ever I had to wait for a withdrawal since 2011, including for non crypto casinos.

Anyone else in this situation? There had been another one who posted here who waited 4 days for his withdrawal before it has been processed.

Among the cases I’ve been referred to there has been one who had to wait 9 days for KYC to be approved, but in my case they haven’t even yet requested that, only that I should wait for them to contact me for an update for my withdrawal. I hope they’re not having serious issues.
That must have been incredibly annoying. Your prior experiences with other platforms appear to corroborate my impression that this is unusually protracted for Duelbits withdrawals. You've waited a week, so it seems like patience is the key...

However, it would be very beneficial if you had records of your interactions with the site, such as images of any relevant transactions or emails. Your claim will be strengthened, and you'll be able to receive more tailored feedback from others. Keep in touch with their help desk and try not to give up hope in the interim. Its probably only a question of time.
4338  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: July 25, 2023, 09:36:34 AM
Greed has led so many gamblers to great loss and the problem is that gamblers will never change from their greedy habit because they want to hit it big. I am not exempted from this,since sometimes I prefer betting on longer slip than short ones. The fact is that as gamblers,we always have that hope and belief that we will win the game and that is where greed blind folds us on. If a gambler forgets about winning a game,he will stay more focused on betting wisely and will also put lost into consideration. This will enable him gamble for fun and he might end up winning.
Greed... corrosive and tempting, especially in gambling. Gamblers pursue huge riches despite the danger of disaster. I admire your self-awareness in choosing longer odds. I'd suggest an alternative angle. Gamblers are optimistic, not greedy. Despite logical impossibility, persistent faith in victory. Realistically tempering this optimism isn't awful. As you correctly said, smart betting involves more than just winning. Gamblers may enjoy the game more and win if they balance their optimism with pragmatism and loss control.
4339  Alternate cryptocurrencies / Altcoin Discussion / Re: Could XRP win in SEC case be a start for next bull run? on: July 25, 2023, 09:08:00 AM
After quite a while, this can be considered as some good news, and we all observed that several altcoins moved along with XRP. So, in my opinion, the market has definitely received a favorable boost. We are all aware that XRP has not been rising for a long time, but as soon as the news came, it seemed as if a new life was infused into XRP, like a rebirth. However, the bull run has not commenced yet, and we are all positively anticipating further positive movements in the market soon.

XRP won at the right time because we're about entering the bull market and XRP can be among some of the top gainers for the bull market and since they're not having the SEC sueing them, the price of their tokens can increase with others instead of staying down as it did the last time. XRP would had been worth more that $10 if the lawsuit wasn't active against them.
XRP is an old project therefore they're not like the new projects that might scam their investors. XRP would be around for a very long time therefore if you're looking for a long term investment then you can decide to invest in XRP and hold your tokens. The market received a boost because of XRP winning their lawsuit but their victory isn't enough to turn the market from bear to bull.
XRP needs to use this positive momentum to get the price to atleast $1 so in the bull market the price will be targeting $10 and that'll make investors to get 1000% increase and make a nice profits. I don't think XRP will keep increasing while the rest if the market is experiencing a correction because of Bitcoin price falling below $30,000 but the market will get support soon.
With the SEC lawsuit behind, its indeed true that XRP's price isnt shackled as it was previously. And oh boy! What a sigh of relief it is. XRP's potential to cross the $10 mark, had the lawsuit not been active, is something that we've been robbed of seeing. However, its not just about being an old project or escaping the lawsuit, XRP needs to step up its game to capture and leverage the post-lawsuit enthusiasm. You mentioned the $1 target - quite achievable indeed; the $10 target though - now that's a delicious proposition.

Do not be so quick to pop the champagne yet. The Bitcoin price dip, and the general market correction, may bring some temporary chills. But rest assured, XRP's victory has given the market a much-needed morale boost.
4340  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - yes or no? on: July 25, 2023, 08:46:12 AM
With all the experience I had, what I have concluded is it doesn't matter much which established altcoin you use, it's a good strategy to buy when they are on lower and you hold till you get a higher price. It's easier to get easy profit if you are early to find out any good or bad news about the coin. There's no sense for utility for altcoins at the moment. Just go for hype. None of the popular coins are at current time used for utility. Ethereum rose to high prices due to it's utility but it also is just another trusted speculative coin for traders.

Those that bought XRP when it was very low and people weren't buying it will be in profits now and that's why it's good to buy altcoins when others aren't buying but rejecting it. When the altcoins start increasing you'll benefit just like those that invest in XRP at it's previous all time low are enjoying it now. XRP has always been a good coin to invest into because of the team behind the project.
I have some XRP and I'll the buying more when the initial hype ends and the price get stable then I can start accumulating more for the bull market. Investing in XRP is better than Investing in these newly launched project that you don't know anything about them or their founders. Altcoins aren't bitcoin that we don't need to know the founders, we do need the know with altcoins.
We need to know who they're because altcoins are becoming more of scams then legit project. XRP is a centralized coin but we have many centralized coins like BNB doing so well therefore XRP can also do well when the bull markets starts. XRP is very famous and has the support of lost of the influencer in the cryptocurency community so they'll using their fame to promote XRP which is good for investors.
Your preference for older coins like XRP is justified. A respected development team, significant community backing, and market acceptability can inspire confidence. But you say investing simply in a company's track record and reputation is bad. Could we have forgotten the fundamental rule of investing: the past does not predict the future?

XRP has a loyal following, but should we consider social media influencers as financial guides? Each altcoin has its own potential, therefore "we need to know the founders" can be limiting. Satoshi Nakamoto? Bitcoin's prosperity is unaffected by its origins.

We must look underneath fame and success. Each project's use-case, technology, relationships, roadmap, and regulatory framework must be understood. Nothing is simple at beginning.
Pages: « 1 ... 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 [217] 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 ... 345 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!