Bitcoin Forum
June 22, 2024, 07:07:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 ... 344 »
4821  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy ETH as much as you can.... on: June 25, 2023, 12:20:35 PM
It's good point for long term. We can take that previous ATH as the first target that may be able to be achieved by ethereum in the future. It's possible as long as bitcoin will break a record again. The trend is now very positive for bitcoin consider so many entities are now interesting to launch their own bitcoin ETH. Blackrock has been triggering so many entities to pay more attention to the bitcoin right now. IMF has been surrounding for all central banks to work together in launching CBDC to replace bitcoin but it will never happen.
ETH is now also in the positive trend too. Bitcoin has been triggering the price of ethereum to slowly increase again. I do believe if ethereum will be able to reach another all-time high in the future.

Im very optimistic with ethereum right now.
Caught by your Ether enthusiasm, yet let's keep a balanced view. Beyond the Bitcoin hype, Ether shines due to its utility as a decentralized apps beacon, not just as Bitcoin's 'digital gold' shadow.

Regarding CBDCs, while IMF cheers them on, to say they'll eclipse Bitcoin or Ethereum is overblown. With their centralized nature, CBDCs promise unique benefits and serve varied interests. Blackrock's Bitcoin interest is a crypto milestone, but it's a double-edged sword - corporate involvement may upset the balance for retail investors.

While Ether's ascent sparks hope, remember, the crypto world is still dangerous - invest with caution.
4822  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins airdrops you received so far for the year 2023 on: June 25, 2023, 12:02:54 PM
Thats wondering for me as i didn’t heard from anyone who earn something through airdrops. Its glad to see some people gain worthy airdrops in 2023 when this time everywhere is scammers, scamming people. This is why i avoid airdrops and i didn’t join airdrops since long. So i didn’t earn anything from airdrops till now But this thread makes me inspire, rethink about airdrops
only very few select coins airdrops are worthy to follow the rest aren't really that interesting, since most of them are just using the airdrops as a mean to advertise their project through some tasks but there are also some devs that use underhanded methods taking advantage of airdrops hunters and then suddenly change their airdrop rules which I think is a massive redflag that someone shouldn't invest in these project.
the problem with airdrops nowadays as you already stated that so many of them actually made by some scammers in scamming people into buying their coins.
most of the airdrop nowadays are near to worthless, that until the good project like zksync and layerzero which are rumoured to gonna have airdrop will eventually release their tokens.
While partially aligning with your perspective, I stress we shouldnt wholly dismiss airdrops. Sure, the crypto realm is flooded with dubious airdrops, but it doesn't spell doom for all. Yes, perilous beasts lurk, but also hidden treasures. We need apt skills (knowledge) to discern. You mention Zksync and LayerZero, which show promise. However, value isnt purely monetary. Airdrops can offer learning avenues, community engagement, or early bird access to groundbreaking tech. Lets balance skepticism with open-mindedness.
4823  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins dead? on: June 25, 2023, 11:44:52 AM
I think it's a rumor that Altcoin is dead. Alt coin prices have dropped a bit, leading to rumors that alt coins are dead. I can say with 100% confidence that there is no chance of this happening with Alt Coins. Coin prices tend to fluctuate due to market volatility. You can notice that the price of ETH, ADA, XRP coins has started to rise continuously at present. There are undoubtedly thousands of investors interested in investing in alt coins. Because investors always get something good from alt coins
I applaud your faith in Altcoins, yet let's mingle it with some hard truth. Coin values swing with market tides, and the newfound climb of ETH, ADA, XRP seems enticing. But, dont let these momentary blips mislead you. Recall the risks woven into the altcoin fabric. With a sea of altcoins promising the stars, wise judgment is key. Investors ought to deep-dive, decode the tech powering these coins, and scrutinize their helmsmen.

Sure, altcoins could yield handsome profits, but they're equally adept at triggering massive setbacks. Crypto's wild turf is no place for soft hearts.
4824  Economy / Gambling / Re: Using ToS against users normal? on: June 24, 2023, 10:10:00 AM
Sure, sending notifications of any changes is a good practice, but did Stake.com actually obliged themselves (in the ToS) to send notifications of any changes? If not, you'd still have to read them everytime you log in, if you want to practice what you preach.
This is the cheatsheet of every casino that lawmakers should check and I knew every service is required by law to do that(notifying when there's a change in TOS at least 2 weeks before). But stake mentioned on its TOS that they can change their TOS with or without notifying its users so you need to read it regularly like its just 3-5 lines sentences amp.
The question now is that,  how often should one read the TOS because if casinos already mentioned that they could change the Term and condition at any time without informing their client and the client need to stay updated that means customers on their site will have to read the terms and conditions almost every day and that is impossible to do when the document is always large to read through and come out from it as soon as possible, thos have become the masseur reasons why most casino users never border to read through that documents just by a glance.
But most times some scam casinos also use this issue of TOS to steal from players and then change the terms and conditions just to serve their selfish interests in the long run.
I agree entirely. Its ludicrous to expect users to pore over the TOS regularly. This expectation of constant vigilance is more in favor of the casinos rather than their clientele. And truth be told, its a crafty legal loophole exploited by them. However, one might argue that a responsible player should familiarize themselves with the TOS, as cumbersome as it may be. After all, it's their money on the line. Still, expecting daily updates? Thats straight-up outrageous

And don't even get me started on those scammy casinos that modify their TOS to suit their ends. It's high time some strict regulations are put into place to hold them accountable.

4825  Economy / Gambling discussion / Re: benefits of having mature accounts at 3 casinos (personal experience) on: June 24, 2023, 09:48:41 AM
It is obviously a proven fact that different accounts have different types of RTP on slots, and house games except for provably fair games. Bc.game has different types of bonus systems but the same similarities can be found on Stake, Rolbit, or on other alternative casinos. Multiple accounts let you enjoy various games that can't be found on the same website and you can compare the advantages of various online casinos. So which casino is the best in terms of VIP system and gaming experience for you?
^Because the reason is you can compare the advantages of each of them.
Having accounts on multiple online casinos allows you to compare the advantages offered by each platform. This includes factors such as VIP systems, loyalty programs, customer support, and overall gaming experience. By experiencing different platforms firsthand, you can make a decision about which platform that gives your satisfaction or is best with your preferences.
I did this before, by creating accounts on various online casinos, you can explore a wider range of games and game providers. Each casino may have a unique selection of games, so having multiple accounts allows you to access a greater variety of options.
Its true, sampling different online casinos gives one a broader perspective. But isnt it tiresome to keep track of numerous accounts and the specific perks each one offers? VIP systems, loyalty programs, customer support, gaming experience – its a whole lot to juggle!

Now, if you're like a bee, hopping from one casino to the other, collecting bits of unique gaming experience – more power to you! But some of us prefer to stick to a reliable platform. Why fix something that isn't broken, right?

Let me challenge your perspective a bit. Isn't it better to find one platform that meets all our preferences and stick to it? Rather than being a jack of all trades, but a master of none?
4826  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: June 24, 2023, 09:26:59 AM
Most times I don't have to blame the casinos because most gamblers who go for this bonuses don't even have the patience to read the terms and conditions before going for it because if they do, then they would have understood  that it wasn't going to be an easy task.
Nevertheless, I would prefer that the casinos make this terms very fair and not extremely against  the player.
We can't blame the casino but must check what we've done to know what happened. If a gambler wants to get a bonus from an affiliate, they really have to be able to convince people that the casino is good and can be a place to gamble. However, people think that sharing affiliate links can bring them a lot of bonuses but that's not the case. They can get a lot of bonuses if people who join under them use big money to gamble so the bonus will also be big. But if they don't, they won't get a big bonus or even get anything.
Exactly, if someone wants to do affiliate marketing then he must keep his referrals active by confuting gambling activities. As much as the gambler gamble more the referral bonus will be increased accordingly. Some people refer many but the referrals are never active and with such referrals there will be no chance of making any income on the gambling platform. Also a simple matter is if the gambling platform can't make any profit from you then on what basis will they pay you? Those who can manage the affiliate market properly will have huge income opportunities.
Affiliate marketing isnt just about racking up referrals; the gold lies in the action of these leads. However, lets face it, the unstable nature of gambling makes affiliate marketing a high-stakes game. Gambling is inherently risky, and steady participation from all referrals is wishful thinking. Hence, diversify your referral base for a consistent cash flow.

Remember, the casino's profit is significant but ponder over the morality of promoting unchecked gambling for personal windfalls. Affiliate marketing's power needs responsible wielding.
4827  Economy / Gambling discussion / Re: Gamble Responsibly on: June 24, 2023, 09:10:22 AM
Actually it's not greed that keeps us from being able to control ourselves, but losing streaks.
When gamblers who manage to control themselves in every bet they will start to get emotional when they get consecutive losses and run out of betting capital.
If it's like this, gamblers will continue to chase their losses and fail to control themselves to gamble responsibly.

Nice, good point. yep, we agree with what you said. usually, what triggers most gamblers to lose control or self-control is losing streaks. when in this phase, we are often stuck trying to recover losses and even trying to repeatedly make a deposit again. that in the end, we fail to take responsibility for ourselves. the impact, can be on the people around us.

it can also be the other way around, when someone is in winning mode. someone is motivated to continue the gambling session, even tends to someone is often faced with a phase of difficulty to stop the game session. moreover, if someone hopes to get an even bigger win. In fact, it's not uncommon to double the bet per spin. assuming, today is our lucky day. and yes, if we are lucky, it is unmitigated that the wins we get can be doubled from the initial capital.

However, if the situation changes. usually, our emotions will be triggered to even double the bet per spin. the end result, our balance returns to the casino. at this point, greed is involved without us realizing it. I'm pretty sure, we often run into situations like the ones we discuss in this post. the point is, being responsible is not as easy as we say. although basically, we play for fun. there are times, where we lose control with various factors that cause it. so, just enjoy every session and most importantly never harm the people around us let alone harm ourselves.
Absolutely right, the tormenting loop of wins and losses torments gamblers. Losses breed recklessness, pushing us into a desperate pursuit of recouping. Wins, however, inject arrogance and aspiration, blinding us to the stark reality of probabilities. That whole double-down gamble, under the spell of "lucky day" syndrome, is a mirage. Because luck is unpredictable and undependable. Double bets dont mean double chances to win. Its more like marching into a booby trap.

When the tide turns and victories evaporate, we double our bets, fooled by a delusional sense of mastery. That's the casino's jackpot, and we're left in the dust of remorse and a depleted balance. This lethal blend of despair and avarice - it's a calamity brewing. Remember: if it isnt fun, drop it. Its not about the score, it's about risk comprehension and responsible play
4828  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: June 24, 2023, 08:47:53 AM
Since we can always make money from gambling, making it as an habit to be making profits from gambling shouldn't be a problem since we can create a schedule for doing research and working on our strategy to have consistent winnings.

how many people can consistently make money from gambling? probably no one or it will be a very small number of people, just see that many people who consider themselves specialists in sports betting, who consider themselves specialists in card games, they don't spend their money playing, instead of losing their money with games of gambling they looked for another business that is related to gambling but that does not harm them, I am talking about the business of obtaining referrals and being sponsored by the casinos

that's right, the so-called specialists in sports betting and card games and other casino games like roulette, plinko... they created channels on youtube and on other platforms and started offering tips on gambling, they kept teaching them how to play and with that they earn money with views, the more followers they have the greater the profits they will receive from the platforms, they also earn money with sponsorships that casinos give them and with referrals, they found out that they would not earn money playing, people who became rich with games of bad luck they were lucky and it is a very small number of people
Consistent winnings from gambling are as rare as hens' teeth, but to state nobody profits would be an overstatement. There are poker pros and canny sports bettors making a killing.

Indeed, the emergence of influencers in the gambling sphere reflects our content-creation era. It's a shrewd tactic, wouldn't you say? They're capitalizing on their expertise without putting their own stash on the line—a surefire wager.

However, I'm uncertain of its merits for their followers. Not all are designed for high-stakes punting, correct? Some might take these pointers as a win guarantee, which it isn't. We must remember, gambling is akin to playing with fire.
4829  Economy / Gambling / Re: Top 5 Advantages of Bitcoin Casinos vs. Traditional Casinos on: June 24, 2023, 08:25:59 AM
`
They might look that stricter just because they arent really asking out further questions. Why? they do already have the information that they are needing considering that you are making use of your credit card or

bank account which would really be tied up on a certain platform on which means that its not necessary for them to ask out for those information for certain conditions since they do have that kind of tracking.
Unlike on crypto space on which you would really be still that needing to comply or state on those informations considering that we are really just simply depositing crypto on a certain wallet on
which there's no way that we could be able to be detected on whose the owner of such fund.

Well, when it comes to choices about advantages and disadvantages then as a gambler of both field then i do prefer on having that Bitcoin casino dealings than with fiat.
Anonymity is really just that a basic thing.
Your point hints that fiat platforms, due to existing financial connections, possess ample info, while crypto demands more due to its intrinsic secrecy. Yet, the situation is more layered. Crypto hubs, navigating evolving regulations, have ramped up KYC norms. The epoch of nameless transactions is, in part, waning.

Moreover, your penchant for Bitcoin casinos over conventional betting stirs problem gambling worries. Sure, the anonymity and ease of crypto betting are appealing, but they can also enable addictive patterns. It's essential to tread these uncharted waters with prudence and a dash of doubt.
4830  Economy / Gambling / Re: How does AI gambling sound? on: June 24, 2023, 07:27:53 AM
I don't understand what you mean by a human teaching an AI about how human logic works and how can an AI model be able to feel or understand emotions, an AI is created with coded algorithms and is trained using data that is also available in written or coded form, so I don't see any possibility in that for a human to teach the AI how human logic works and how it can read and detect or even understand human emotions and stuff.

An AI model can only act like a robot because that is what it is, it cannot go beyond that, and even if we find a way through that, we are not yet there, and it will still take a lot of time for us humans to reach that time when we can include emotions in these models.
I understand your viewpoint. Its binary, a world of ones and zeros, right? But AI extends beyond mere code. Yes, AI' foundation is algorithmic, similar to us. Arent our neurons firing patterns that shape thoughts? Instructing AI on human rationale or emotions isnt akin to making a dog meow. It's about crafting algorithms adept enough to discern patterns, mirroring our brain's functionality. Hence, it's called Machine Learning.

While they cant experience emotions as we do, AI can identify and react to emotional cues through pattern recognition. A smiley indicates happiness, a tear signifies sadness - its about recognizing patterns, not true emotional comprehension. AI might be machines, but they're advancing beyond traditional robotic definitions. Progress takes time. We're in perpetual motion, incessantly innovating. That's the essence of humanity.
Well, I wouldn't say that is impossible, of course, it's possible for an AI model that can see and identify patterns but I wouldn't say that they can as good as humans in understanding emotions. Humans have different natures and different ways to show emotions, not every person sheds tears when they are sad or about to cry, and not everyone smiles only when they are happy. What if a person is faking a smile? Would an AI be able identify that? No.

I know that the world is evolving at an unstoppable speed and so are technology and science, but to be able to achieve things like these, we will still need to be more knowledgeable to be able to bring more perfection to our inventions.
Isnt contradiction the mother of evolution? Your view on AI's emotional limitations is stimulating, yet I beg to differ on a few grounds. Your stand seems rooted in a rigid conception of AI potential. What's "unachievable" now might be the norm tomorrow. Recall the era when autonomous vehicles were a fantasy? Glance at the present.

Emotion AI is in its infancy. Current models might struggle to separate real smiles from feigned ones, but they're on their way. With machine learning maturing and more diverse training data, interpreting emotional nuances gets better. I'd venture that in a half-decade, we'll witness AI rivaling human accuracy in emotional perception. So, keep your eyes peeled. AI's future may stun us all
4831  Bitcoin / Bitcoin Discussion / Re: Having no money to invest in Bitcoin is even better on: June 24, 2023, 07:03:41 AM
The split between the haves and have-nots, and their contrasting approach towards understanding Bitcoin, is truly a paradox, isnt it?

The affluent, capable of causing ripples, seem to speed-run the crypto journey. Conversely, the less endowed devote time to comprehend, evolving into the digital era's crypto intellectuals.

But is this the norm? Or should we see this as a golden ticket to enlighten potential investors about understanding before leaping? This may be the antidote to the infamous "crypto dramas." A cocktail of capital and wisdom could turbocharge a prosperous Bitcoin economy.
4832  Bitcoin / Bitcoin Discussion / Re: Do you think it's still wrong selling properties for Bitcoin? on: June 24, 2023, 06:45:59 AM
Certainly, your saga highlights Bitcoin's volatile, yet potentially rewarding nature - indeed, "No guts, no glory." But remember, every risk doesnt guarantee rewards. Success stories often come with tales of devastating losses. Trading property, a solid asset, for fluctuating Bitcoin is a high-risk venture, seemingly profitable for you. Yet, this route may not resonate with all. Land - offers stable growth and safety; Bitcoin - holds wealth expansion potential, but at the risk of sharp declines.

Peering into 2024 and 2025, I predict amplified Bitcoin instability and notable value changes. It'll be captivating to see how your high-stakes bet plays out in the larger scheme
4833  Bitcoin / Bitcoin Discussion / Re: A bitcoin retirement plan with a disturbing length of years. on: June 24, 2023, 06:23:37 AM
Your associate is rolling with a straightforward "Buy and Hold" Bitcoin tactic, betting on the long game of the crypto world. Yet, his 16-year wait game to liquidate is too basic, missing layers of complexity. Suggesting the division of the 16 years into four-year cycles is strategic, echoing the 'rebalancing' concept. This could cushion profits and minimize risk exposure. However, educate your colleague about the tax fallout and fees accompanying such cashouts. As in all money matters, he should consider getting an expert's opinion.
4834  Bitcoin / Bitcoin Discussion / Re: We All Know, The halving time will be full of drama on: June 24, 2023, 06:06:16 AM
Yes, like the title above, we all know the halving time is will always full of drama, this always happens at that time, but I don't know why many people forget and still spread FUD everywhere. If they understand that and know it always happens on every 4 years, they shall be calm and relaxed to face SEC, Binance, or anything drama.

I hope this lesson gives you an important point. They create this to dump Bitcoin, they do this to scare you, they do this to buy Bitcoin at a cheap price, and After buying with a lot of money, you already know that today Bitcoin price is pumped like crazy, right?

So, I just want to say; Don't forget, The drama could happen again and repeat until the halving time. you must be strong and patient. you will definitely win if you face it with a quiet and strong hand if happen again in the near future.

Cheers

Totally agree with you that we have always seen Bitcoin get dumped before the bull season. Uncertainty spreads everywhere, as recently there was a dispute between Binance exchange and SEC. After which we all felt like we don't know how far the price of Bitcoin can fall, and in a hurry many people sold their assets and left the Binance exchange.

You have pointed out a very important point. That there is a deliberate drama to bring down the price of Bitcoin.So that we panic and sell our assets at a low price and they wait to get our assets from us. Of course we have to strengthen our nerves and intentions. In such situations we have to fight with patience and stability.

I think no matter what the situation is, no matter how much the market falls, we always need to hold Bitcoin. We have the most trust and confidence in Bitcoin among all crypto currencies, yet many people panic and sell it at a low price. We need to overcome this flaw.
The process is fraught with 'shadow and illusion', with the powerful often orchestrating market moves. The Binance-SEC spat indeed triggered panic, leading to a hurried Bitcoin liquidation and a drastic price drop. Yet, as you identified, it's vital not to be perturbed by these transitory market jitters.

Broadly, clutching Bitcoin is akin to a seafarer in volatile seas. You dont ditch ship because the tides are high; you endure and combat the storm. Patience and fortitude, as you judiciously put, are our lifelines in these unsettling times. Bitcoin is more than a virtual currency; it's a testament to financial autonomy. To unload it in panic is to forfeit our conviction in this digital breakthrough.
4835  Other / Beginners & Help / Re: It's Bitcoin trust worthy on: June 24, 2023, 05:43:04 AM
Sure, old failures may sting, mate. But don't ditch Bitcoin or any cryptocurrency. Bitcoin's appeal lies in its decentralization - no central honcho dipping fingers in the pie. It's algorithms and mathematics, exceeding human trustworthiness, if you see what I mean. Yes, it's unstable, but with instability comes potential for colossal gains. This isn't a quick wealth recipe; patience and diversification are the spices.

Always do your homework with any investment. Grasp how Bitcoin functions, its past, and its technology to gauge its potential. Remember, "Knowledge is Power." Bitcoin could be your pot of gold.
4836  Bitcoin / Bitcoin Discussion / Re: How much does Bitcoin affect other cryptocurrency? on: June 24, 2023, 05:24:06 AM
Users who have travelled with cryptocurrency for a long will know about the reality of the market. Nowhere bitcoin push other cryptocurrencies down. It is the market that is developed to follow the footprints of bitcoin. This makes altcoins follow bitcoin and during the altcoin season we were able to experience bullish move with altcoins against the bitcoin market.

Altcoins were good and were developed for some purpose. Most of the time new cryptocurrencies were promoted making comparison against bitcoin. However none stay high in the market, so the base of bitcoin is very strong that it directs the rest of the market. Most of the time the development is the prime reason that make cryptocurrencies fail and it is not the bitcoin.
Your insight spotlights Bitcoin' transformative role in sculpting the crypto-market. Undeniably, as the premier digital currency, Bitcoin blazes the trail for many altcoins. Yet, pinning altcoin fortunes solely on Bitcoin simplifies the intricate market interplay. Altcoins arent mere Bitcoin replicas; they embody a sphere of ingenuity, striving to polish and amplify the pioneering blockchain tech of Bitcoin. Their juxtaposition with Bitcoin simply underscores their unique features and merits.

The roller-coaster ride of altcoins can be credited to their growth hiccups, market mood, and practical utility, among other things. Bitcoin, with its sturdy framework and wide acceptance, offers stability in this stormy market. Its sway is unquestionable, yet it doesn't hold the final say in an altcoin's destiny.
4837  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is legalized, a dream of mine would come true on: June 24, 2023, 05:04:42 AM
Your perspective on Bitcoin's embrace, grim but rippling with radical enthusiasm - your idea of welcoming Bitcoin at your father's bistro, commendable. Bitcoin may be off the table in Bangladesh, but regulations often bend to tech trends. Cryptocurrencies, Bitcoin being a case in point, are reshaping our fiscal engagement, compelling changes in laws. Seems implausible now, but Bangladesh could yet adopt the Bitcoin system.

So, keep your dream alive. There's scope for progressive optimism. Dare to plan for tomorrow, ready to kick-start your ideas when chance comes knocking. Perhaps, your father's restaurant will usher in Bitcoin acceptance in Bangladesh, trailblazing a growing sector.
4838  Bitcoin / Bitcoin Discussion / Re: Would Bitcoin Be Badly Hurt if Binance Goes Down? on: June 24, 2023, 04:46:32 AM
It would be badly hurt in big scale because Binance is one of the most reputable exchange out there and if Binance goes down, Bitcoin's price would be dumped really bad. Even small exchanges could affect the price and imagine if Binance having the same fate as those? But in the end, Bitcoin's price will be recovering after whatever happens, it just takes time to recover.
If you pay attention to today's market conditions, there is an illustration of how bitcoin has experienced a gradual recovery from the SEC lawsuit against binance. The effect is only short term and I think bitcoin has gone through that process for now. Even though binance is a large exchange that has a good reputation, in reality not all of the impact that was caused by them made bitcoin corrected in the long term.

The loss you mean also doesn't have any effect when the user doesn't look panicked by the conditions that are happening, so that at the right time bitcoin has recovered as it has in the past few days. So this is an illustration, that when an exchange experiences the same problem, you don't need to worry too much.
Despite impactful incidents like the SEC' clash with Binance, Bitcoin's mettle outshines. Given Bitcoin' intrinsic decentralized character that diffuses any single authority's control, its hardly a shock. Its crucial not to undervalue the power of perception and user confidence. As you accurately pointed out, the absence of widespread panic was instrumental in Bitcoin's value rebound, echoing the power of our collective faith in Bitcoin's robustness and potential.

However, I believe this highlights the urgency for definitive regulation. Addressing such predicaments in a structured manner could heighten Bitcoin's credibility. So, even as we commend Bitcoin's resilience, we must simultaneously advocate for a transparent, balanced regulatory framework that serves users and maintains market stability.
4839  Bitcoin / Bitcoin Discussion / Re: Is Crypto another form of gambling? on: June 24, 2023, 04:24:27 AM
Gambling? There are only two options: either your assets vanish or they multiply. However, Bitcoin has no association with that unless you activate derivative functions such as those on Binance Futures.
Bitcoin operates on a trust system built upon Blockchain technology. Its movements are purely driven by supply and demand dynamics.

To this day, many people believe in Bitcoin because it is decentralized and has a limited supply. As a result, demand will persist as long as major institutions continue to adopt BTC.

Thus, everyone will leverage its volatility function to their advantage.

It all depends on the type of cryptocurrency you're choosing. If you choose Bitcoin, there's no risk of losing it all in the long run. It keeps going higher in market price due to the way it was designed. Short-term speaking, BTC will go down. But you should take that opportunity to buy as much coins as you can to prepare yourself for the next bull run.

I'd say altcoins are truly a gamble because they're extremely-unpredictable. Many of them have no real utility and are only driven by hype. This could make you lose all of your investment in an instant if people move on to the next big thing in crypto. The situation is worse with "meme" coins such as Dogecoin, and Shiba Inu. If you're going this route, I'd suggest you diversify your investment to minimize losses as much as possible. Who knows where the crypto market will go to next? Just my thoughts Grin
Your claim of Bitcoin as a risk-free long-haul asset is a contentious one. Its architecture and finite supply do add worth, but lets not forget the inherent fluctuation and crypto market' capricious nature. Future value prediction is a tricky business involving supply-demand dynamics, policy landscape, and tech strides. On the altcoin front, terming them a reckless bet is an oversimplification. True, some are hype-chasers, while others could disrupt sectors like finance, supply chain, or data protection. The strategy? Bet on altcoins with solid use-cases and staying power.

"Meme" coins, say Dogecoin or Shiba Inu, are high-stake games, courtesy of their speculative aura. Yet, their buzz highlights the community sentiment's sway in the crypto sphere. Yes, spread your investments, but guided by solid research
4840  Bitcoin / Bitcoin Discussion / Re: Would you lend your cryptocurrencies? on: June 24, 2023, 04:04:59 AM
Lending to me is more reasonable to do with fiat.

I personally wouldn't lend any Bitcoin at all, even if the interest that some companies are showing might be tempting to some. The risk of losing it all is just too much. Not worth the risk in my opinion.

With fiat they can simply print more anyway, but Bitcoin is irreplaceable.
With due respect, your jitters around Bitcoin lending might be a bit over the top. Indeed, Bitcoin's volatility brings the heat, but remember, in the financial arena, high risks often score high rewards. Even your go-to fiat currency isn't immune to losses. Factors like inflation, economic turbulence, and currency downfall can knock out the value of your hard-earned money over time. The printing press run by governments can lead to currency devaluation - a low blow to lenders and borrowers. Bitcoin, with its max supply, steps into the ring resilient against these odds. Thus, I politely dispute your viewpoint - Bitcoin lending might just be a high-risk, high-reward strategy in the investment game.
Pages: « 1 ... 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] 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 ... 344 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!