 The adjective for metal is metallic, but not so for iron, which is ironic |
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I really don't get why most people feel like the fate of crypto or bitcoin rest on who ever sits on the presidential seat in the white house, for God sake bitcoin is decentralized digital currency which means it is not controlled by any government, so it has nothing to do with either Biden or trump, the only currency that has anything to do with them is the US dollar "$" and not bitcoin, cus it doesn't depend on any government, so with or without any of them, bitcoin will continue to prosper It is definitely more complicated than that The truth is, the decentralized nature of cryptocurrencies doesn't make them "decentralized" from people as it still comes down to people using or avoiding the use of crypto. So it does actually depend on who is in the White House as well as their attitude toward cryptocurrencies simply because their opinion greatly affects the thoughts and actions of millions of people (otherwise they wouldn't be in the House in the first place). Call it herd mentality or whatever, but it is real and shouldn't be discarded or thrown away |
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Even as fiat currencies and traditional institutions/economy continually plunges due to inflation and effects of covid-19, Bitcoin is on the road to cross it's ath, which shows btc rising strength and efficacy as a reliable investment and reserve asset. See this excerpt, and what the billionaire has to say about fiat currencies: The billionaire shared a video captured in “a Latin country” depicting banks throwing out garbage bags filled with paper money into a dumpster. He asserted that “paper money is worth nothing,” adding: “That is why it is always good to diversify our investment portfolio.” When I read such things, I feel revenged (well, sort of) The point is, not so long ago I posted an article about the confluence of a number of factors which is required for cryptocurrencies to succeed (here's the link, for your reading pleasure). There I posited that we need fiat currencies to devalue massively across the board in order to turn crypto into an attractive payment option. This is not the only factor (read the article), but it is one of the required ones, and things are certainly evolving in that direction. Some posters strongly disagreed with my train of thought, and I'm curious if they still do |
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Let me quote some guy from Twitter who is allegedly familiar with this note from Fitzpatrick (I looked through the thread and didn't find anyone mentioning his twit yet). So here it is ( link): This kind of technical analysis is of little value. There is no edge in guessing targets so far in time with TA. All we know is that price is likely to continue going up, and a lot.
But readers loves this. What matters here is Citi's clients being exposed to the bitcoin moon I think his reply sums it up pretty well |
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Blockchain technology in itself is big so for your ideas it may work but maybe it may not. Like when you said the idea about "fan tokens" I think that this might not be an effective way or something useful for the fans to use for their football clubs what I mean they already have ways to join polls in social media and also have a solid fun club to go with it, issuing something like this token might make them feel that this is some kind of gimmick for them Well, these are not quite my ideas I only looked into what already exists about blockchain tech in sports. You seem to forget that most fans have never been to a real game of their favorite team. In fact, many fans have not even been to the city or even country of their passion. For example, European football is very popular in East Asia, so how can fans from that region interact with the club if they are thousands of miles away? Blockchain is capable of making this distance shorter, in a way, and also facilitate that feeling of belonging much better than social media presently does But for the use of blockchain with regards to improving their system like what you said with the ticketing issue and how to avoid scalpers I think this is one of the most effective ways of applying blockchain technology Yeah, that seems to be a very interesting and important use case |
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Zcash halving incoming might not result to any break in price in terms of pumping. Zcash as one of the old coins around might have stayed for too long. So many new projects coming up with newer technologies to compete with Zcash.
I've never used nor traded zcash, any thoughts on halving influencing the price of it? of course if we look at the halving that happened to other cryptos, in general we have seen a positive impact on prices before and after, especially with what has happened to Bitcoin, and usually when other cryptos happen halving days it will certainly push up the price of crypto in the market , as well as with zcash, of course the halving day that occurs at Zcash will trigger a decrease in inflation, which will trigger a price hike which is certainly eagerly awaited by investors and traders who hold zcash Bitcoin halving has a noticeable effect on the entire cryptocurrency market But the altcoin story is quite different, however. With the only exception of Dogecoin perhaps, altcoins more or less follow the general trend set by Bitcoin, at least when Bitcoin goes down. In other words, the effect of halving is offset by the Bitcoin price dynamic, especially to the downside, and with a vengeance at that. It was clearly demonstrated with the halving of Litecoin. It only had a marginal effect on the price of this crypto, which was very short-lived anyway |
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The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular Your reasoning is quite correct But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so? Given the overall focus of Biden and his team (and party), I have concerns that the US economy will go down for the "common good of redistribution between rich and poor”. He is going to not only raise taxes on large incomes but have desires to restart the notorious ObamaCare and God knows what else. All this will cost both a lot of money and a lot of reputational risks Let's wait and see. But personally, I don't think that the US economy under Biden will be much worse (or worse at all) than under Trump I have already said many times here and I will say again that until today's community wants to live with cryptocurrency as "real money" and not as an investment, then there can be no question of any mass adoption I support this view It is actually pleasing to see that more and more people come to understand that it is not merchants that are refusing to accept cryptocurrencies but rather the crypto community that doesn't want to part with their precious coins. But there is a hope for them too, and this is crypto payment cards once they start to cut it in terms of maintenance costs and commissions, that is, become as useful and convenient as regular ones |
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Don't share your thread, you did it already, and after scrolling trough 11-12 pages I didn't find any setting, just a lot of talk!  My username at wolf is same as here, so you can even send me message there, thanks in advance! You should understand the ins and outs of what you're doing, that is to say, get the hang, touch and feel of it. If you don't understand the basics, i.e. what makes something tick and click, blindly following someone's strategy is a recipe for disaster, in this case losing your balance. But there's a hope. Run a Dogecoin autobet session (I'm not sure if flashbet will do) with the minimum amount as base bet and set the odds at 50%, while the increase on loss small enough to successfully survive, say, 50 losses in a row. Run this setup for 1M times (it will probably take a week), and then you will see with your own eyes how it is possible to beat the house edge. Then come back here and show us some stats And remember, if something doesn't work, it is not my fault. If it does, it certainly is |
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Apparently the price is relatable to a falling amount of BTC on exchanges and last ATH we had declined similarly And it goes quite well with my theory of volatility death spiral The diminishing liquidity available for trading, for example, due to hoarding, will eventually force the market to enter the so-called volatility death spiral (well, this is my invention, so bear with me). Less liquidity means it takes less amount of resources as well to move the price either way. Consequently, at the end of the day we are going to see insane levels of volatility. We are not there yet, but we are well on our way there |
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I guess he is talking in a cumulative sense and using flashbet which gives 2000 bet per second which means 0.38 Doge * 2000 = 760 Doge wagered in just 1 sec. and at the rate of Doge as $0.003, that is equal to $2.2 per second which mean playing nonstop for 1 hour will give a player a wagered amount of $7,960. Well, that is quite huge for a small time player I have to admit I never thought about this use of flashbet We could easily build a very safe martingale strategy (like losing balance on a streak of 100 losses at 50% chance), so as not to win something but just overcome the house edge and simply stay where we are. Then we could notch up our wagered amount by running flashbet non-stop. Indeed, there's the limit of 20k bets per session (if I remember correctly), but I'm curious how quickly we would rise to the top in the Wolf race if the limit was removed and we were the only ones using flashbet for that purpose 25k bets per session! Okay, I stand corrected But with 25k bets my approach should work even better. The point with extremely long losing streaks is that you are very, very unlikely to hit them in your lifetime, or even the entire lifetime of the universe. Put differently, you will be accumulating wins, not losses, albeit very slowly (and beating the house edge in the meanwhile). But since you will be looking for wagered amounts, not profits as such, it doesn't really matter as long as you don't lose |
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I guess he is talking in a cumulative sense and using flashbet which gives 2000 bet per second which means 0.38 Doge * 2000 = 760 Doge wagered in just 1 sec. and at the rate of Doge as $0.003, that is equal to $2.2 per second which mean playing nonstop for 1 hour will give a player a wagered amount of $7,960. Well, that is quite huge for a small time player I have to admit I never thought about this use of flashbet We could easily build a very safe martingale strategy (like losing balance on a streak of 100 losses at 50% chance), so as not to win something but just overcome the house edge and simply stay where we are. Then we could notch up our wagered amount by running flashbet non-stop. Indeed, there's the limit of 20k bets per session (if I remember correctly), but I'm curious how quickly we would rise to the top in the Wolf race if the limit was removed and we were the only ones using flashbet for that purpose |
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Until Zcash could attract serious investors there is nothing interesting going on to pump its price I don't really think it is going to help On the darkweb it has to compete with Monero, which is a by far more popular coin. But popularity means wider acceptance and more usage. But more usage is a prerequisite for true anonymity and privacy. In other words, the greater the number of people using a privacy-oriented crypto, the more anonymous it becomes (all things considered). So Zcash is kinda neither here nor there, in a sense |
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Mixed martial arts has a few bitcoin and crypto representatives. I think Rory MacDonald was sponsored by dash coin for awhile who could have paid him as much as $200,000 in sponsorship per fight. Firas Zahabi of tristar MMA gym and Ben Askren are also pro crypto We could also recall Dogecoin And the efforts of its early community to raise funds for various athletes and teams. In 2014 the community started a fundraiser to sponsor the Jamaican bobsled team that lacked the means to go to the Winter 2014 Olympics. Then it successfully raised funds for Josh Wise, a NASCAR driver. This made some noise in the crypto circles (I remember the discussions here on BCT) |
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The worse things are in the US, the worse it will be for the whole world in General, and BTC in particular Your reasoning is quite correct But your premises are quite shaky. That is to say, crypto won't be a lot better than the world around it, but what would make the world a much worse place than it is now? You essentially say that Biden is going to destroy the American economy (or substantially impair). But is this really so? When you think that BTC is a fully decentralized currency, you forget the simplest truth - you can't buy it without using dollars. And when your entry point suffers, so does everything that comes after it It is not about dollars You can buy Bitcoin with, say, rubles. Kidding aside, cryptocurrencies are not possible without people supporting them and using them. After all, who would care about dollars if you could pay for things with crypto directly? |
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 Suicidal twin kills sister by mistake |
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I think that by 2025 there will be no more cash in the world No way it can happen in our lifetime Unless some real shit hits the fan (and no, Covid-19 doesn't count as that) and we are using gold nuggets as money and clubs as weapons, the world will be where it is now as far as cash is concerned. Cash is extremely resilient, so even if 90% of all payments are cashless, the remaining 10% will be next to impossible to wipe out |
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If you are using martingale or some variety of it, to keep things well in hand, you need to start small. So even if it looks like dust at the few first rolls in the martingale sequence, things quickly escalate as you continue to double (give or take) at each roll until you score a win (or bust)
Using martingale with the falshbet feature is very risky option to IMO, it is even risky using normal autobet if we do not set our limit Indeed it is as risky as it gets Whether you are using flashbet or doing it manually, the "old way", running it mindlessly you are set to shoot yourself in the foot sooner or later (and rather sooner than later). That's why using martingale requires complete understanding what you are doing in terms of stats and probabilities. And that's also the reason why so many people have such a strong bias against it. They tried it, lost in the end, probably all, and now consider it a losing strategy, which is understandable |
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If they do, does the halving work the same way the bitcoin and ethereum halving works? To me , i believ all coins don't have same mechanism and business models Zcash actually picks up where Bitcoin leaves (in terms of privacy) So it uses, or used, Bitcoin's codebase, with some privacy tricks and tweaks here and there. Therefore, it stands to reason that its halving is pretty much similar to the halving of Bitcoin, which we have seen a few already. The only notable difference in this regard is that it is not technically "halving" as the block reward is not halved but rather quartered. Right now it equals 12.5 units of Zcash, and after halving it will be measly 3.125 coins. Some miners may start looking for a better application of their hash power |
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if you hold I'm sure the ZEC price might be up to $ 5000 That's unlikely if you ask me Zcash is a niche coin, and since it is privacy-oriented (even though you can use transparent transactions instead of shielded ones with it), it is not very reasonable to expect it to be a huge success (synonymous with $5000). First of all, if it gets traction, governments are going to crack down on it. But most importantly, the vast majority of people don't really need this level of privacy for the simple reason any cryptocurrency is primarily used for speculation, not for facilitation of the exchange of goods and services |
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