What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments. Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner. Nonetheless, what are your thoughts?  Personally I would rather choose to use Cryptocurrencies upon playing gambling over Fiat simply because of anonymity. As an individual who wants to play without having a thoughts of getting caught like me, crypto is more likely perfect for it. There are some countries who do not allow this kind of activity so I think this will an option for them to choose. In terms of convenience, I think there's no problem with crypto because most of my earnings are not fiat so this will be easy for me to spend it online. |
|
|
|
I got secret news that in 2020 bitcoin will touch 9500$ and feb 14000$ .
Frankly, no one exactly knows what price of Bitcoin will have this next year and everyone feels free to give their opinion about the price of Bitcoin in 2020. Since halving will eventually come next year this might possible to happen, there is a chance but not certain to be exact. What makes me wonder is that what circumstances might happen after halving, is bullish market will come? or bearish market will resume? But anyway I am still willing to hold until the bull market comes. |
|
|
|
I remember when people used to say having 21 was good, because then you would have 1 millionth of the supply. Now I see people talking about some 6.15 number, which I have no idea why or how anyone came up with that number.
Other guys tell people having 1 bitcoin will be 'enough' in the future, and how long into the future, I do not know.
I recently saw people saying online that 1 bitcoin is not attainable for most people, and they should aim for 0.1 bitcoin, and that sounded crazy to me. Surely if something is so important, you can find a way of getting 1 bitcoin over a year or two?
Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.
Actually, I don't have any goal how much Bitcoin I would like to acquire but for the sake of the question, I would like to attain worth of 1 Bitcoin. Ever since I started to enter this industry way back 2016 I guess, I never earned 1 Bitcoin, maybe I already have if Bitcoin's value is like way back it before however, it keeps rising and that is why I never had it. But I will never be contented to what I have now, I will keep earning and earning even if I accumulate more than 1 bitcoin because of as the time passing by all expenses are getting expensive. |
|
|
|
Bitcoin is already complicated since it was a digital currency and also an investment something like a stacked market which have a market, when I was just starting in bitcoin it was very complicated and I don't understand a lot of thing for a lot of people who don't really have knowledge or not exposed in technology bitcoin was just hard to believe also the bitcoin technology was unique. Something like mining was complicated that affect the supply of bitcoin and the miners are the one processing the transaction in bitcoin was so complicated in many ways I think this cryptocurrency or blockchain thing needs to be taught in universities.
Indeed, that is why I like the move of the French government where they include the blockchain technology upon their school curriculum and I do hope that other countries will do the same so that if when a person chooses to engage in this industry it would not be hard for them to understand this kind of technology. Blockchain do really complicated for a person to understand especially to those who have no enough knowledge of technology that is it is necessary for them to be aware in order to prevent them from a malicious scheme. |
|
|
|
I think gambling is the best way to spend money. You can gamble for two reasons.
1. If you have a lot of money, go gambling to reduce them.
2. And if you have too little money, go gambling to increase them.
But gambling is not something that will make increase your money or decrease money. It could be the opposite. Suppose you were gambling to reduce your extra money but you won the gamble and your money is increased. Think again you have very little money. You try to gamble to increase them, but you lose gambling and lose all your money.
So anything can happen in gambling. So should not go gambling with any hope.
Exactly, gambling has mostly opposed to the outcome we wanted. It doesn't matter if you have a small amount of money or what the thing is if you don't have any luck you will never get any winnings. Playing huge money doesn't make any differences with playing with small amounts, gambling is very random there's no way you can predict it. If you want to increase your money I would suggest to try another way of earning because gambling is not supposed to be used to gain profit. Just my thought. |
|
|
|
Does gambling have a main purpose, to start with?
Do you believe we are here for a reason?
If you had no time to waste in your life, would you still gamble anyway?
some interesting questions
will love to read your answers.(and more questions)
Every person have differences why they engage in gambling, there are some folks are here just for profit, there are folks wanted to try how gambling works, using it for fun just like me and more. I usually play gambling just to kill some time and just to entertain myself but that doesn't necessarily mean that I don't want profit, for me winning is a bonus. I never expect that I would get a profit through gambling because first of all, I can't deny the fact that there is a small probability of hitting a jackpot. Besides, if I get serious about earning through this kind of way I feared that I might end up in addiction. |
|
|
|
I agree with almost all except item # 6 because Bitcoin is too slow and expensive to be a means of payment. Perhaps in the future bitcoin will still play a leading role in the cryptocurrency market, but I prefer bitcoin wallets like gold rather than bitcoin to become a circulated currency.
Perhaps in the future there will be a coin fast enough and the cheap transaction fees play the role of a currency.
Exactly, based on my experience Bitcoins do really have expensive fees that is why I prefer to convert it into other cryptocurrencies that has the less expensive amount of fees yet have faster transaction like ETH and XRP. I preferably used Bitcoin as an asset as well due to the fact that it has great potential in giving a high return for a different kind of investment rather than using it as normal currency. |
|
|
|
I think this 2019 year hasn't brought to us any special issue on the Bitcoin context, It's true that the whole world has been suffering a lot of on the monetary system, so Bitcoin is not out of this system, Here the international politics and policies are also involved for the further flourishing Bitcoin or other anything, but if you have looked for the technological aspect then you see the up-gradation of Bitcoin. But the value of Bitcoin is not an eye-catcher during this year, Most of Bitcoin user has a strong expectation that the price of Bitcoin would get high but it's a disappointing matter year for me.
Even there are no big changes in the price of Bitcoin still it acquired a something else that could be a big impact sooner. I am pertaining to the adoption of some countries and big businesses. This massive adoption could give potential growth to the value of Bitcoin in the future, we may not feel it yet but perhaps after the bearish market, we might feel the changes. Regarding the Bitcoin's value, I think it still eye-catcher but not the same as like it before. Frankly, we are getting used to for Bitcoin having a huge price that is why by making a little dip folks are making FUD. |
|
|
|
This only means anything can happen. I hope that other countries will also acknowledge the existence of this technology which is crypto. What make me very amaze is when the France government come up to the idea of having crypto in the school curriculum. This would widen the knowledge of youngsters in the field of crypto. Sooner or later every country will try to create their own crypto and test the scenarios. They think they can manipulate crypto like conventional currencies but I dont think people will fall for this now.
Possibly this will happen, every countries would like to create their own digital currency perhaps the efficiency it can gives, I think to dethrone Bitcoin on its position of leading digital currency as well and to monitor every transactions of their people. |
|
|
|
 I had an old bike and i was purchasing almost two years ago, but one week i have sold my bike and i purchased some bitcoin. Especially I want holding long time with more patient because i want makes more profitable. So what do you think ? My decision is worng or right? The upcoming year 2020 give me good profits ?? Notes: basically i am not more expert trading then i keep decision holding is my best way for making more profitable.
Welcome to share your mind. I think that is the best decision. It seems you have acknowledge the existence of Bitcoin. If it is me I would also sell it to purchase Bitcoin. Bitcoin is very promising coins that is enough of getting a high return. HODL might be good option because the amount of a bike is not enough to use it in trade especially on investment because it requires a high amount of funds. However, I not sure if the bull market will come this year 2020 so just hold it until the right time comes. |
|
|
|
The problem with sending btc to wrong addresses will continue forever,but there's a solution. It's called "double checking the address before sending any BTC".  This is the easiest as of now, but theoretically more comfortable would be the introduction of a system a bit similar to confirmation of transaction in banking apps by providing a code which is unique to a specific wallet address, so then in case of mistyping address transaction will not get through. That is sound complicated I think. Simple problem requires simple solution, it is not that tough to double check the address where you will send it to. In my long time here in crypto industry I haven't experience any problem in making transactions because I do check first the address to prevent of losing profit. You could just copy and paste the address then check it first before hit the send button. |
|
|
|
Honestly, I have never used Bitcoin or altcoin to do transactions directly related to the real world. Because in my country it is still taboo and not yet common, and in my opinion it is also more effective to use fiat, either directly or bank transfer. For me, cryptocurrency is more effectively used as a commodity trade and investment tool, so for payment I prefer fiat.
Same here mate, though cryptocurrencies are not illegal in my countries still there are no physical store that would accept cryptocurrencies as payment so I need to convert it into our local currency just to use it. But now that this technology are gradually becoming a trend government or some business might consider to accept crypto as payment for their products or service. |
|
|
|
I never expected anything to be easy maybe thats why i dont get worried about present market price
The first time i decided to invest in crypto was after the last bullrun of 2017 and i knew that 2017 was a big chance and i missed it since i never entered this space very earlier before the bullrun so after bear market takes over what comes straight to my mind was 'its never going to be easy to see a big change in market movement like 2017'and since then i just keep my head up and find other means of living yet i cant do without investing in coins and tokens,the next altcoin season might not come anytime sooner but only those who are in hurry will be in pain,its never going to be that easy.
If do altcoins season came it won't be never be like before perhaps, it is either will be much better compared or not as good as before. Year 2017 is really became a promising year for altcoins and bounty hunters, I knew because I've been there before. But I do hope that IEOs will be far more better to ICOs, maybe we cannot felt it due to bearish market but we we will see it as the bull market comes. |
|
|
|
Hi,
Need to know the best coin to buy.
Since last 2 years nearly every coin has struggle to keep up.
Suggestions on the future predictions.
Start/comment below👇
———————————————————
Till now, suggestions made (according to the comments):
Top market cap coin
Enjine (ENJ)...
Stellar (XLM)...
Litecoin (LTC) ...
Ethereum (ETH) ...
Zcash (ZEC) ...
Dash (DASH) ...
Ripple (XRP) ...
Monero (XMR) ...
Bitcoin Cash (BCH) ...
NEO (NEO)
Binance (BNB)
Low mcap high risk high return coins
BitBall (BTB)...
High performance blockchain (HPB)...
I would highly recommend the those coins you enumerate. Based on the CMC they are the top-ranked coins which only means they have the highest volume in the market and they are the most liquid so you could somehow have a high probability of getting a high profit. However, it is still better if you will make your own research which you think will give a return. You could only use this as reference but the decision will be still yours. |
|
|
|
Here's an interesting article citing some recent research which claims that the majority of mining power is in China, and those miners may have some perks that others outside the country do not have. Here's the article. https://thenextweb.com/hardfork/2018/10/08/china-means-intent-destroy-bitcoin/ It talks about whether China could destroy Bitcoin, or perhaps use it in some other way. What do you think? Does China control Bitcoin? If so, is it the government or no? Are these Chinese Bitcoin mining farms working together? What might China do with Bitcoin (government or no) in the future? AKA, attempt to destroy Bitcoin (would they be successful, do you think), use it to bring more wealth into the country or personal pockets, use it to attack other nations, etc? Looking forward to your thoughts, The Cyberius team. We cannot remove the fact that China had the major contribution regards with Bitcoin mining and I admit as well that they have big impact in this industry but I don't think they have the full control on Bitcoin. Perhaps you we are all aware that no one can manipulate Bitcoin because if it does then we cannot say it as decentralized. It's a big NO because bitcoin is already banned in china due to increased of scams in ICO projects and other reasons, so it is impossible for china to control bitcoin. Other reasons why china can't control bitcoin is because bitcoin is decentralized that no one can control it, even the government in every country.
As far as I know, Bitcoin is not banned in the said country but rather the exchanges related with crypto. Bitcoin mining is still widely processed in China so we cannot totally say that it is prohibited. They may use their own digital currency but it won't overthrow Bitcoin in any other way. |
|
|
|
Actually, it been hard for me to tell if a certain coin goes dip. For example if bitcoins dip I having a second thought if I will buy right away or wait for more dip to come. However, I always ended up buying as the dip comes. I think it is better to buy right away rather than waiting on the big dip that might not come. Buying at low price and then HODL is the best strategy I can think of to survive in this bearish market we have now. |
|
|
|
guys how to get around local tax laws and convert crypto earnings into legal fiat?
actually it's easy to solve this problem. we live to register the results of our income to the taxation agency and register the job as IT or internet marketing. register the amount of monthly income so that we will still pay us even though the actual income through crypto It is one thing, if you really don't want to avoid paying tax then you can put to your record that you are working online or freelance. Actually there are still no taxation law saying that crypto users are subject to paying tax. As of now, it is still under the consideration of the government (depends on the country you reside in). If crypto is legal in your country, then sooner or later, paying tax is necessary. Expect that to happen once the government will impose taxations once the rules for crypto already being ordered. There's no way that you can avoid as it required by the laws that every individuals who are getting salaries inside the jurisdictions of the government is subjected to pay tax to help the country, it's an obligations that citizens needs to follow. There's no doubt. After the cryptocurrencies been added to the constitution of one country you can guarantee that they will impose taxation. Fortunately, we have no law regarding this matter so I can freely spend some of my coins without paying any taxes. Cryptocurrency and blockchain is very promising technology indeed and I have no issue about getting a tax on it because I do believe this will have an impact on the improvement of one place especially on third world countries. |
|
|
|
I’ve recently learned the many advantages of cryptocurrencies and how they can revolutionize the way we use money around the world, so why are the world’s governments not adopting them to be used as a form of currency?
There are many advantages of cryptocurrencies that surpass fiat currencies that we used on a day to day basis such as better security due to blockchain technology, cryptocurrencies not really being affected by global financial events as it is a decentralized currency
Why are the governments not adopting cryptocurrencies? Is it a world-wide conspiracy by the elite in order to keep in power? Or is it that the people in charge are rather ignorant of the advantages of cryptocurrencies in order to keep the current system of power?
I guess the main reason why the government doesn't like having cryptocurrency is because they cannot able to regulate it. Having a decentralized characteristic could be also a factor. Another reason is could be because it is not stable, it is hard to manage a currency that has no stable value. Due to cryptocurrencies anonymity, crime concerns could be another factor. Cryptocurrency is indeed good to use but in some aspect, we cannot remove the fact that has negative impacts as well. |
|
|
|
Considering that the governments such as China have already tried to ban Cryptos. Would more governments do the same because Cryptos threaten the banks or the governments may want more control over what people use as currency and to remove all alternatives? What do you guys think, I personally think it won’t happen, but you might think otherwise.
I think China deliberately banning the use of Cryptos because they want that their people should only use their own digital currency. There are some countries have already prohibit the used of crypto but there is also some countries are now gradually accepting it like France. In my country cryptocurrencies are not prohibited that is why I can use it freely I want, however, it is not fully supported yet that is why I can't use it in any physical store. Getting back to the topic, perhaps the world might be divided into half where the other one accepts the use of crypto while the other one is not. |
|
|
|
We are saving for a house down payment of 40K. I don't want to leave it in the bank as there is a old judgement they can take any time so i want to store it in crypto as we grow it over the next 6 months. Is a stable coin the best option? Thoughts?
Stable coins could be a good option but I would still go for volatile coins but will be limited only on top-ranked coins such as Bitcoin to lessen the risk. I chose volatile coins because in just a matter of time there's a chance for a certain coin to pump by that, I can get a profit by just storing it. However, there's a risk of shrinking its value as well, perhaps this is a matter of risk I'd say. Anyway, storing it on crypto might be a good idea. |
|
|
|
|
Show Posts
