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4601  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB burn 16th. Now BNB is worth $312. Will you buy or not? on: July 06, 2021, 08:38:02 AM
I'll wait before buying. There will be a positive impact on every single burn that they do and that's going to be accurate as the last year but it's still best to observe before buying. But for someone who's really into BNB, this is a good indication and clue already that you should buy.
And if you think that it will surpass or reach again the ATH of it, you're seeing it right now at a discount.
I don't know maybe this won't have a big impact if we look at normal market conditions even on a downtrend, but what I also expect after the BNB burning in mid-July wants there to be a bigger reaction about the increase but for me I will wait and see the news of what happened to other BNB holders, there might be something positive but it doesn't have an impact on the increase it could.

Even I'm not sure after burning it will go beyond ATH this is far from a possibility but an increase could go up 10% from the current price.
Burning tokens coming from the popular altcoins like BNB, there's a huge impact on it because it's a huge coin already with an active and big growing community. Just like what we're having with bitcoin whenever there's a halving, the price surely shoots up. But you're also right in that matter that it might not have a big impact because I've remembered Litecoin's halving didn't gave that much impact as soon as it's done. Although it's also part of the bull run and got a huge increase but I don't think it's all due to its halving but only the market was in the bull run by that time.
4602  Economy / Gambling discussion / Re: Be a Responsible Gambler on: July 05, 2021, 05:38:40 PM
Well i can feel that , because if you are a true responsible person then you will never consider playing or betting in gambling as this is risky and not really created for making fun but to lose our funds .
i don't believe those who claims that gambling is designed for Fun instead the other way around.
It is okay to consider betting as much as you can. But to consider someone is truly responsible is that he sets an amount that he afford to lose and will be careful with his bets that he won't be affectionate with whatever the outcome of that bet. Gambling is already known to be risky so someone who's getting in is aware of that and would probably made his decision that he's willing to take the risk.

I agree, somehow.

I mean, being responsible indeed means you will never consider betting or gambling as a way to earn money or to have a source of entertainment, but if you do have the wealth then why not. Being a responsible gambler means a lot, as you have mentioned, setting a certain amount of money that can afford to lose is one of it, one thing I'll add more is how you control yourself, on how you'll react in every winnings and losing, because that's important to prolong your funds.

You need to be constantly have the same decision on both (winning on losing) for example is betting the exact amount of money whether you win or lose.
If you have the wealth then you can do whatever you can and that's an easier situation for which I'm hoping to be in.  Cool
It's harder when you are on the winning side because you'll never know when to stop. But when you're on the losing side, you know when to stop and that is when you don't have anything left on your balance. But for wise and responsible gamblers, they know the right time to stop whenever they're winning.
4603  Economy / Economics / Re: Vietnam Becomes Latest Country to Turn to Crypto on: July 05, 2021, 04:41:31 PM
Good news, they've banned it once and now they've turned into adopting it. This is why if most countries don't have a taste of bitcoin, they will likely not understand it and end up banning it.

There is nothing in that article about bitcoin, there is nothing about adoption there is just a research group exploring the possibility of implementing a CDBC.
But it has indicated crypto and that includes bitcoin and that research may lead to adoption as they're turning positive on it. Coming from the leader itself, the same may happen just as El Salvador that they've welcomed bitcoin. Although it's totally different from their standpoint towards cryptocurrency, it is positive and there's no longer ban that shall be imposed even if they're going to produce their own CBDC.
4604  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BNB burn 16th. Now BNB is worth $312. Will you buy or not? on: July 05, 2021, 03:32:47 PM
I'll wait before buying. There will be a positive impact on every single burn that they do and that's going to be accurate as the last year but it's still best to observe before buying. But for someone who's really into BNB, this is a good indication and clue already that you should buy.
And if you think that it will surpass or reach again the ATH of it, you're seeing it right now at a discount.
4605  Economy / Economics / Re: Vietnam Becomes Latest Country to Turn to Crypto on: July 04, 2021, 10:32:04 PM
Good news, they've banned it once and now they've turned into adopting it. This is why if most countries don't have a taste of bitcoin, they will likely not understand it and end up banning it. But since they've opened the idea of learning about it, here they are, making their own crypto and this is also a signal that bitcoin and other cryptocurrencies are welcome there. And with this news, it's likely that Vietnam can also be one of the crypto havens in Asia. It is going to welcome a lot of crypto startups if they want to have another base somewhere in Asia.
4606  Economy / Speculation / Re: Analysis of the causes of bitcoin's fall that is minimized on: July 04, 2021, 09:33:40 PM
Or just ignore the issues at all and focus on accumulation. I don't think this is a 'fall'. Zoom out the charts and see if this is a fall if the basis is coming from the ATH. Yeah, everyone will see it as a fall but look at the better picture. Bitcoin will surely bounce back no matter what negative issues will be thrown at it. It just that there's a few people that don't want to see it cross again the ATH and they create issues because they know how influential they are.
4607  Economy / Gambling discussion / Re: Be a Responsible Gambler on: July 04, 2021, 08:31:24 PM
Well i can feel that , because if you are a true responsible person then you will never consider playing or betting in gambling as this is risky and not really created for making fun but to lose our funds .
i don't believe those who claims that gambling is designed for Fun instead the other way around.
It is okay to consider betting as much as you can. But to consider someone is truly responsible is that he sets an amount that he afford to lose and will be careful with his bets that he won't be affectionate with whatever the outcome of that bet. Gambling is already known to be risky so someone who's getting in is aware of that and would probably made his decision that he's willing to take the risk.

Well, I do know a handful of "responsible" gamblers. They are those who have the extra cash to use and just go to casinos to simply enjoy the place and the amenities it can offfer. It's like for them the winnings are simply an extra thing they get for the trip. If a gambler gambles because he wants to get more money on it then for me that is a very risky reason for someone why he needs to gamble. Gambling should be entertaining and not a depressing experience.
Stressing the depressing experience, it's on the gambler if he's responsible or not. When a gambler just gambles and that's what he gets whenever he losses, he should avoid being too pushy if it's not his day. Gambling isn't always a win and if you are not really into it making money that's it. But there will always be those folks that are gambling to make money as it's the reality about gambling and why they're doing it. Risk is risk and it's known to be there no matter what happens.
4608  Economy / Trading Discussion / Re: What should we do in the sideways market of Bitcoin? on: July 04, 2021, 12:40:43 PM
Most of the market's revenue is completed in a short period of time. Most of the time it is horizontal. The sideways market is actually the best time to stock up. Normally, at the end of a sideways market, you will always feel that the window period is too short. Short positions are very dangerous because they are really easy to miss. Be able to hold Bitcoin firmly, trade on the left, do not bet on trends, and do not choose timing. Hold the currency firmly.
Trade if you've got some spare to trade and play with that money while you've got a strong long position and you're only waiting for its time. That's all that you have to do if you got some spare and you want to trade and play with the market but in my position, I'm done with that and I'm not going to bet anymore with the market and play with my money. It's safer to hold and wait until the market goes on high again and sell by that time. I've just learned my lesson and that's what I have to do to avoid the same mistakes that I've committed.
4609  Economy / Gambling discussion / Re: Be a Responsible Gambler on: July 03, 2021, 11:51:24 PM
Well i can feel that , because if you are a true responsible person then you will never consider playing or betting in gambling as this is risky and not really created for making fun but to lose our funds .
i don't believe those who claims that gambling is designed for Fun instead the other way around.
It is okay to consider betting as much as you can. But to consider someone is truly responsible is that he sets an amount that he afford to lose and will be careful with his bets that he won't be affectionate with whatever the outcome of that bet. Gambling is already known to be risky so someone who's getting in is aware of that and would probably made his decision that he's willing to take the risk.
4610  Other / Beginners & Help / Re: If your country does not allow the use of Bitcoin, what would you do? on: July 03, 2021, 10:52:36 PM
Understanding what are the coverage of that new rule if that happens in your country. Being knowledgeable is better before you take action and ask some of the opinions of the other people of the forum. It's a good question and that made me think if that happens where I am right now. But one thing for sure is that the government won't know that you're actually holding bitcoin if you're remaining to be a low key type of person and if you want to sell it, take a vacation outside of your country.
4611  Economy / Gambling discussion / Re: Be a Responsible Gambler on: July 02, 2021, 11:47:34 PM
I myself when I get a lot of profit then I will try to make a withdrawal profit and after that if I still want to play at the gambling place then I have to create a new account so that the account will be neutral and not be the target of the gambling place.
With saying gambling place, do you mean about the online casino or the physical one? if it's both. AFAIK, there are TOS and rules that only allows 1 player to own 1 account only. So if you're doing that, then you're going to face such problems if the casino where you are playing finds out that you've made another one and if there's another lucky day for you, they might track that you're the same guy that have won and would put in their minds a question of why you have to make another account.

AFAIK some of them not restricting having another account because at the end of the day the player makes a deposit to the gambling platform and still another profit this to the platform but some of them right now they restrict having a one account if they have Know your customer or KYC verificaion to avoid getting dummy and spam accounts to their database.
That has to be verified with the casino that you gamble because that's what I've read before and in some of them. It's easy to check them before you sign up so that you won't have any problems and issues when you're about to take your money out from that casino. Because if something flags from your account and it's clearly on their TOS that you're not allowed to make another account, you'll experience but as long as there's no problem and it's from the casino you play, you're good to continue.
4612  Other / Beginners & Help / Re: I am new in forum. on: July 02, 2021, 10:49:47 PM
And if you happen to rank up, don't forget to read this: Signature Campaign Guidelines (read this before starting or joining a campaign)
This guideline is pinned on the Services but many are missing it because they probably are ignoring it.
4613  Economy / Gambling discussion / Re: Crypto-Casinos and KYC on: July 02, 2021, 09:48:40 PM
some gambling platforms often do KYC when they get users to withdraw the profits they get with very large amounts, this is done in my opinion because this gambling place wants to know who these people are and maybe the positive side is that one day they will will get interesting offers from the gambling place which they can send to an email address or other.
That's no positive side. They won't ask you KYC just for you to get the positive side. A kyc isn't just all about emails, you'll be sending your personal identity to them and if they're going to offer us some good and interesting offers or promos, our emails shall be enough for them to send it. But in some casinos, they give incentives and that's what I think you're saying but not all of us likes to have it unless you're really relying on that casino and you're benefiting from it.

Yes, KYC entails a lot more than email but actual identity of the player like submitting the passport or any valid ID. Some are even requiring to send a bill payment where your address is indicated. So if they just want to send you offers/bonuses, they can easily do that by using your email. KYC has different purpose to the casino and that is to validate the identity of the user. Or some will require this when the user got large winnings, and the casino wants to delay the payment or they don't want to release the winnings.
Not just large wins but also some activities that they suspect to be unauthorized through changing of the normal activity by that gambler. And that's why they want to ask you your identity to see if you really are that person and nothing has changed. It really depends to the casino and it's no longer a secret that there are casinos that will surprise you with a kyc even if you're doing nothing but because of those few reasons, you'll figure it out that's why they've asked you for it.
4614  Alternate cryptocurrencies / Altcoin Discussion / Re: Celsius CEO says BTC price will go to $160,000 this year, what will happen then? on: July 02, 2021, 05:40:55 PM
BTCwhat will happen to altcoin when BTC reachs to 160000
Then they'll also be into a rising pattern just as bitcoin if it reaches $160k. That's the usual prediction that you'll see and that's why many are still looking forward to see bitcoin at $100k+.
If it happens then that's a good call for those predictors that have said that bitcoin will reach $100k. But if it won't happen by the end of this year, that's still fine because those are just opinions.
4615  Economy / Gambling discussion / Re: Crypto-Casinos and KYC on: July 01, 2021, 10:37:57 PM
some gambling platforms often do KYC when they get users to withdraw the profits they get with very large amounts, this is done in my opinion because this gambling place wants to know who these people are and maybe the positive side is that one day they will will get interesting offers from the gambling place which they can send to an email address or other.
That's no positive side. They won't ask you KYC just for you to get the positive side. A kyc isn't just all about emails, you'll be sending your personal identity to them and if they're going to offer us some good and interesting offers or promos, our emails shall be enough for them to send it. But in some casinos, they give incentives and that's what I think you're saying but not all of us likes to have it unless you're really relying on that casino and you're benefiting from it.
4616  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk's two tweets on Dogecoin drive value of cryptocurrency up by 7% on: July 01, 2021, 09:48:03 PM
Elon Elon Elon, are we still going to ignore how much influence this lad has on dogecoin and the crypto ecosystem in general?
Yes, we can ignore him until we can. It's no longer relevant to catch whatever he says on his twitter account. He's actually not doing good and influencing good the market. We have to remove in our minds every single person that only brings FUD to the community.

I still feel the damage that was done on crypto(bitcoin) because of the elon tweets about the carbon footprint can be undone if we can find cleaner ways of mining...and he will be the first to blow the horn for damage control.
That's okay. It's not permanent because bitcoin will recover eventually and those tweets of him will be passing by afterwards. In results of it, the market will be healthier again while he's still trying to confuse those followers of him with his tweets.
4617  Bitcoin / Bitcoin Discussion / Re: George Soros is now officially trading bitcoin. Good or bad? on: July 01, 2021, 10:18:37 AM
Every big guy is free to trade whenever they want. And this only signifies that he cannot ignore the market of bitcoin for which he can trade and that means money to him. Nothing to expect if there's a known guy gets into bitcoin and they've announced their interest to trade because everyone does what they also do. The main difference is that they're known and they've got loads of money as their capital to start which can make them more money too as they trade.
4618  Economy / Gambling discussion / Re: Be a Responsible Gambler on: July 01, 2021, 08:52:37 AM
I myself when I get a lot of profit then I will try to make a withdrawal profit and after that if I still want to play at the gambling place then I have to create a new account so that the account will be neutral and not be the target of the gambling place.
With saying gambling place, do you mean about the online casino or the physical one? if it's both. AFAIK, there are TOS and rules that only allows 1 player to own 1 account only. So if you're doing that, then you're going to face such problems if the casino where you are playing finds out that you've made another one and if there's another lucky day for you, they might track that you're the same guy that have won and would put in their minds a question of why you have to make another account.
4619  Economy / Gambling discussion / Re: Online gambling becomes popular on: June 30, 2021, 10:33:32 PM
Due to the corona virus pandemics situations most of the people in the world passing his time with no work. They have to spend more time with cryptocurrencies market, casino and gambling. Hence day by day gambling sections becoming More popular.
Having no work increased the traffic by most of the casinos. And in human behavior, when we've got nothing left and we have to survive and the situation is too hard like no one can go outside to look for a work then our survival skills clicks in. That's why some have seen the potential in online casino since everything during this pandemic has a risk, there's also a risk on it and it's much lighter to take than going outside looking for a job even though most of the businesses were close. I wonder if things are normal, will many of those people that have turned themselves to gambling online will stay.
4620  Economy / Speculation / Re: BTC surged to $36k what do you think of BTC value this July ? on: June 30, 2021, 09:39:56 PM
And it's down a bit lately to $34900 and that's still a fine price after all that we've seen how low it went before it has recovered. Do not be too quick but everything is possible.

Hopefully this July a good thing will come to BTC another good news in July will bring BTC back to $60k and will hit the next high of $100k in the coming quarters for until the end of 2021, and do you think like me?
I'm thinking like you but don't hope too much. We have the idea that it can go as high as $100k or more than that at the end of the year but let's also set our minds that it's just a speculation and potentially can happen. And if it won't happen then we're okay with whichever price it'll show until the end of this year.
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