Optimizing the usage of Bitcoin, ease of use, would primary mean improvement on its prior features enabling people to grasp and gain understanding on the essence of Bitcoin. Its function as a channel of payment is very beneficial for everyone because of its digital form, yet brought by its nature it is automatically risky due to high volatility. As per the adaptation of it globally, it would take long before it gets massive attention from diverse group of people around the world.
The question is how to improve the usability of bitcoin, what are you talking about? As for what I have noticed for the past couple of years with bitcoin, it cannot surpass the fiat currency in terms of efficiency on daily use because it needs an online connection to be able to use. However I've read some thread here that proposes the usage of bitcoin in offline network through the help of messaging. The idea is clever but a bit off since the bitcoin network all network rather is unavailable when offline. I would still choose the paper bitcoin over it, although it is quite impossible. |
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And who will stop them?
Who will stop it is not the question here, it should be "what". What can we do to stop them? I guess. The cryptocurrency sphere is unregulated, which allows everyone to do whatever they want without any fear of retaliation in the event of an unsuccessful or fraudulent outcome of events.
We cannot deny this but the fact that there are gullible people who are easily attracted to safe and extreme promises of great return of investments are enough to power up the steam of these scam projects. Whitepapers and road map is the basis of the legitimacy whether it is too good to be true or rushing, that is where the suspicious will fall in the first place. The only thing that can stop them is ourselves. Indeed, for any such kind of project, a community is needed.
If the community will ignore such projects. they simply will not appear.
Me as an investor I tend not to look for these kind of projects but there is a bit of hope in me that later on projects rose in 2017 will happen again. |
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Gambling is not meant for making profits so just skip the gambling at first.
Well for some people gambling is their source of income making it their job ultimately for making money online. I also gamble whenever it's my leisure but it does not mean to intentionally just spend and lose your money on it. I find gambling good for making profit especially when you play the card games physically and just transitioned to digital. Binary trading,more binary trading platforms have complaints that they are selectively scam people when they are trading with high amount so its better to trade on your manually.You realized that long term is best among all kind of trading methods because it doesn't need much efforts all you have to do is wait and get reap when it is available for you.
There isn't much problem with Binary trading, there are just some things people that want the binary trading needs to know especially the information of the service provider. I don't really see complaints that much about bugs or any error, I just see some with scam and shitty provider of binary trading. I consider it safe and secure since it is a regulated instrument legally across the globe. |
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I'm a gambler but not addicted,
So, if you can't control yourself, you shouldn't gamble anymore.
You will never know if you have self control if you wont try to gamble. What do you mean by that? We don't need to try gambling to test our self-control. He basically means that if you cannot control yourself then don't engage with it, it is like playing the game even does not know how to play the game. There is psychological reason behind gambling where self-control is safe and good for mind. It is not about testing your self-control with gambling but just a mere precaution given by him. You could use your self-control to other things too, so if you want to try or test it out better do it on other things not in gambling. You are just risking your self from gambling and wasting your money on it.
Absolutely right, there are lots of entertainment that does not involve any monetary value like outdoor activities to test your self-control or self-discipline. I guess you interpreted his opinion in incorrect way. |
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Now I feel that BTC will trend down hitting sub 1 dollars prices possibly even 0 over the next 12 to 18 months. the current coronavirus outbreak has been BTCs first real test and it failed hard and failed immediately. It's not a store of wealth and its failure to hold value in a economic down turn is spectacular and visible to all. Today I think BTC is a failed experiment. What are your thoughts?
I'd like you to find a single piece of evidence that would prove that coronavirus is responsible for a correction in BTC's uptrend. If you cannot do it why do you talk about it like it's a fact? Bitcoin is following the traditional markets. Look at S&P500 chart. It begun to decline 2 days before bTC. It is true that the crypto space has been shaken by the corona virus but the thing is it did not go down as what he has said. Bitcoin's price already peaked again at $10K this early February and that is maybe because most of the people are calling it safe haven for their wealth and we cannot deny that thing. What I think the cause of sudden opposite move is the panic from the people who are scared to get left behind by the pump or what I call the early harvesters. I just don't know why there is an downtrend amidst of the corona virus, I expected it to be higher than what it is now even there are people who are selling it. |
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Why borrow some money just to gamble? If you trust your skills save some money and then gamble, You don't need to borrow money just to gamble because if you lose that money that will just make you to the rock bottom. For any gamblers here please don't borrow money just to gamble because, it will just make your life miserable doing that. Gambling is gambling, there's always a risk even though you are very good at it, I am sure that every gambler here have a bad beat, so be a responsible gambler everyone  |
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Everyone stating that gambling will affect someone's image in the society -snip-
What gambling? Play online gambling or play gambling in real life? For online gambling, it will harm your reputation only if you are addicted. You may forget to have more time for your family, neighbors, or friends once you are too serious about playing gambling. And you probably prefer a debt loan and traped on it if you cannot manage/limit your funds. While playing gambling in real life, people usually think negatively when they know it. This happens immediately and spreads fast. Gambling will affect your personal reputation only if you do something like that. loaning for the sake of gambling is the worst thing you can do, even simply loaning will affect your reputation so imagine using someone else money to gamble. Personally, gambling didn't affect my personal reputation considering that, I only gamble for fun and if sometimes I gamble to win I will just go by myself and use my own extra money. |
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Honestly I must say no, especially if bitcoin will totally outnumbered the Fiat users, our economy is gonna be destroy. Government circulating the money through banks and getting the right amount of tax to people is a good thing considering that, those money are the one that is going to be used to run the country and to upgrade and build new establishments for the people. If all of us use bitcoin, there's no way government can collect tax to us. so I think it will just be fine if those two co-exist and much better if the fiat will be the one that will run the economy, bitcoin will just be there to help fiat.
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No I don't like to keep track of my bets and games,
The last time I did it just makes me regret it when I saw how much I lost on gambling,
If I just saved it all I could have bought so many things that is useful to me right now.
Same LOL. If you will track your win and loses you will just feel bad about yourself haha, and it's really hard if you are keep losing and keep betting even though you know that it's very hard to win back your money. Let's just enjoy the game and bet without tracking those loses haha.
About the tax, I didn't even know that if you win gambling money it is still included at your tax? Thank's for the info OP Good for me, I am just betting online and I think there's no way Government can track my money through crypto |
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To put it like this, the U.S. government can decide to print more dollars whenever they want, it's messing with supply. Gold has a limited supply and the cost of getting the gold is getting higher, it's deeper every time. Long story short in the long run we can assume that the value of the dollar will decline (what could you afford for $1 20 years ago), and the value of gold will increase (and it does over time, gold has steady growth over the past years). Nothing will change here, the dollar will continue to lose value and gold will continue with a steady rise.
This one summarize it all, It's just a basic supply and demand law. Product that have limited supply will have unlimited demand however, products that have unlimited supply overtime it's demand will slowly go down. Dollar vs Gold is just like Bitcoin vs Dollar. Bitcoin price is going up as time passes by because, it has a limited supply but then, the dollar value is continuously going down because of it's unlimited supply. |
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Money should not have real value. Money (fiat or cryptocurrency) is just a temporary measure of the value of any goods or services. Some things or services have value, money is just a tool to achieve any goal, since it is convenient in the modern world. We must not forget about it. Cryptocurrency is more suitable for these purposes than fiat money.
Fiat also doesn't have real value but rather promised value. The paper is not worth anything and banks don't have enough gold and other metals to give fiat money its value. It's all based on trust. The buyer trusts that the seller will accept his paper money and the seller trusts that if he sells the item his supplier will accept paper money and provide him with another item for sale. If any point in this circle of trust fails the whole system will fail. Fiat money isn't better than crypto. Both fiat and cryptocurrency are based on supply and demand, as long as there's someone who is going to buy and sell bitcoin, bitcoin will never be destroy. As long as there's demand for the product then it will have a value. Bitcoin and fiat are both backed by nothing but still existing because there's people who want it. Fiat have unlimited supply Bitcoin does have have only 21M, So think again. If a product have a limited supply the demand for it will increase overtime. Bitcoin will never be destroy, it's the cash of the future. |
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And I think that unification is one of the most important components of success. We will not achieve universal acceptance of Bitcoin if we are separately. I believe that we need to cooperate, create common projects and attract new people, talking about bitcoin and its capabilities. Together we can reach the heights!
Bitcoin is decentralized platform so anyone can use it and no one can manage it or rather control it, simply implementing bitcoin in your country will be good or if your government is going to legalized the usage of bitcoin then, it will be a huge milestone. Right now there's a lot of country that is supporting the usage of bitcoin and it's going pretty well. Fiat and crypto co-existing together will be great for every country's economy. Right now it going good, so imagine of all of the country will legalize the usage of bitcoin |
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yes if newbie have the desire to trade, newbie must learn to trade, to practice trading you can try on the tradingview site there you can try to analyze market price movements in real time, tradingview is used from newbie up to professional traders
I would suggest that if a newbie want to trade he should! Just try it out for a small amount of money, experience is the best teacher for me! So by trying it, you would develop your own strategy and you will be familiar with the platform you are using. To be a good trader you will need a lot of experience so, if you lose, that's part of the trading and take it as a lesson. Just enjoy trading and the profit will come overtime. |
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No doubt Binance will always be the no.1 exchange, and BTW good list OP, I am just hoping that you should post the website's content here instead of posting the link so, many member's will read your content and that informative post. Just wanna share to the future trader's, all of them are good exchange! But just go to the biggest which is Binance, I am sure that your funds there are safe and personally, my trading experience there is outstanding. |
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if you are playing for the first time it's a threat because you are facing a situation where you will have to decide on how you are going to react as a gambler and this is not easy for new gambler, but once you overcome this and you build a character and you are in control on how you gamble, then it become fun.
Nahhh, it will always be a threat if your initiative is to win some money when gambling, and it is going to be fun if you want it to be fun and have fun playing. I usually go out with my friends and have a bonding time with them while gambling, or I will just invite them at my house and play some cards that is gambling and having fun. But if I wanna make it a threat I will go online alone and play hoping that I would win some money. It is going to depend on you if you want gambling to be threat or fun, just be responsible gambler all the time. |
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I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.
Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first. Crypto-games.net and YOLOdice had good investment programs with solid ROI and also reputable sites. Too bad YOLO closed that option now. What about Crypto-games.net? Is their investment program still active? Does anyone know what the average income is? Crypto-games.net still have that option and I think it's still profitable for now, and with regards to average income, I think no one can answer that for now, but as you can see at https://dicesites.com/ the investors are having a profit and have a 185.5% of profit for BTC. So if you are plaaning to invest, invest now! and share your story here I have tried one a long time ago. In crypto-games.net I think 2017? I can't really remember exactly when. It's a rough investment for me because it has a lot of downs in the first days but things went good in a month long run.
All I can say is it is indeed worth it if you'll be working in a good gambling site, don't expect for a fix roi since investments on gambling sites is depending on how the users win and lose in the site.
Yes, it is good to invest in gaming sires but the same as all other investments we should remain careful while investing and try not to invest so much if you can't afford to lose in gaming. There are so many scamming sites so make proper research about the website before you are investing with and never give up on that try your luck with small investment first. Astville said that, he invested at crypto-games, and that's a 100% legit website so I think there's no need to worry  |
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So what about the fun and enjoyment which you can get in physical casino gambling ? You may enjoy the gambling with friends or family.
In online gambling which you may call it "Virtual Gambling" , you are all alone siting in front of your system. If you are happy winning or sad/crying losing, no one will know it.
This is the only thing why I gamble at physical casino's to have a bonding moments with my friends and have a good time. And I think most of us that is playing online will miss this kind of moments on the real casino's considering that, most of us started playing in real casino's before playing at the online ones. The other that OP pointed out is all good and for me. And the no.1 factor why I keep choosing online casinos in random moments/all the time is the "Convenience", Anytime and anywhere you can gamble, and that's the biggest advantage of online casino's than those physical casinos. |
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are there any things in life that would make you stop gambling?
the two things that come to my mind are:
- making enough or a lot of money.
- finding a passion (even relationshiprelated or life/activity related) that changes your priorities.
but can you see other things than that?
Money is the main reason why people gamble. If it wasn't for gambling, casinos won't be a booming business in our time. People see it as a way to change their life where they won't be able to achieve just by working hard. Even people that have a lot of money still gamble for the purpose of enjoyment so I don't think even I will stop gambling if I have a lot of money. Yeah so basically what thing could stop a gambler is losing the money, all of his money. First thing first, we all gamble because we want and expect for a profit while enjoying and entertaining ourselves, don't be hypocrite and say it was all for fun. But for me, aside from making money with gambling the reason why I gamble because of so much spare time I have, If i could have just an outdoor activity or recreational activity then I most probably I won't be sitting here in fron of the computer in long hours everyday. I've tried playing sport to avoid gambling once but I realize sport is not really for me due to some personal issue. What is best solution for gambling addiction or a way to stop gambling is to spend timw with your family gathering in some places and just enjoy the moment you are together. Nothing can outweigh the family even the eagerness of becoming rich or being a casino jackpot winner. |
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I do think government is still themselves confused if they do want the cryptocurrencies to be there or not , especially the Russian government , they have Ben trying to figure it out whereas the nations surrounding them are already figuring out how to use them for good.
They are not confuse, they are very wary of it since it is volatile that is why their reaction is to create a coin themselves wherein they can regulate and control the flow of it, It's never wrong to do that by the government especially when we are talking 1st world countries like Russia, China and U.S.A, these countries have been dealing with it since then even after the bitcoin soar (probably) Honestly I'm glad seeing cryptocurrencies in wide talks now this means that we are really heading into something big in the future, I can tell y'all that. *Germany's banks are all set on selling the cryptocurrencies
*Ukraine have just legalized it
I do think they will realize it soon enough that if they do not want to stay in the sidelines they also need to make a decision fast , positive one at that matter.
Germany has the best shot of leading the whole thing with the law they have come up and passed. Ukraine did not legalized it, it is never banned on their country they just adopted the efficient use of it. But after all of these law on cryptocurrencies I guess people will be more away from the centralized ones, decentralized will still be the prime choice of the masses. |
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Bitcoins is not the safe heaven in any case .
hmmm I'm quite doubtful about this one, if digital currency is not the safe haven in financial crisis then what? I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress .
It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.
You are right values are gonna fall so what do you need to do? Assets like precious metal are going to increase in price, physical assets will get the same too. Once the financial crisis is on, the digital world will shake receiving a lot of injections because no one has the control to it. We see the world getting high-tech and so digital assets will be a thing, I'm not saying to buy bitcoin when such thing happens but telling how good bitcoin in escaping that event coz virtual and real world are different. Guess there will be more affordable cryptocurrency when that time comes, bitcoin will soar and so its transaction fees too. |
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