Screw the media. Turn it off. All they are attempting to do is manipulate you. Bitcoin if anything is in a huge slump. How can you be in a bubble when your off your highs like this? Saying it's a bubble doesn't even make sense at this point.
Go to any chart and set it to view it all since 2010. You will see that Bitcoin is going up faster and faster every 2 years. It used to go up much slower in the beginning but now since 2017 it's in a crazy uptrend. It always has a 1 or 2 years of correction and then continues upwards. If an asset doesn't go below its 2 year low ever again it's in an uptrend. Bear and bull markets are nothing but temporary waves in this trend. |
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Global banks are trillion dollar enterprises and have histories spanning hundreds of years (sometimes). I don't think institutions with such power and reach care too much about Bitcoin as it isn't much of a thread right now. In any case, Bitcoin is just another form of money, it won't be long until the banks have a stranglehold on the cryptocurrency economy too.
They do care and that is why they're trying to move their transactions to blockchain. They know that blockchain ia a more secure way of storing and sending information and will not fight it. They will use it. What about Bitcoin? They are allowing it to function because there's no stopping it. You can't make every country ban it and you can't make the Internet go away. |
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I agree that they ate totally unrelated.
It's probably a coincidence that the price of bitcoins rises when the supply of tether increases.
There are many valid factors that affects cryptocurrencies value, tether is not one of them.
And what about the drops in the price of Bitcoin when they published that paper about pumps on tether. Later tether was audited but people were saying that it wasn't a full and thorough audit. At that time people were very fearful of a crash that could be started by tether. Even if we only count this psychological influence we'll be able to say that they are related. |
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I used to make money playing online RPG games. I wasn't playing to make money but the money came anyway and it was another incentive. I think that I was making much more with gaming than with gambling and there was also luck involved. Rare items could be worth a lot of money and as long as the game was popular selling items was easy.
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this is truth that Bitcoin yours is going on in some bad well but it is not a truth that it is fully going and for stupid use
Really, like what the fuck does this sentence mean? Is this even in English? Looks like it but it has no sense, no cohesion, no nothing. A bunch of words glued together in a random way does not convey meaning and does not look like a legitimate post. Put some effort into it. If you think that crime and gambling are connected go to las vegas and check if people are fighting in the streets for chips. If you make a casino in an area with a high crime rate it will only increase it. If you do it in a good neighbourhood nothing will change. |
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Actually not only young people who are addicted to gambling, there are still many senior gamblers who are still playing. Because actually the goal of the gamblers is the same, namely winning and earning money.
In Asia there's plenty of old gamblers. Old people aren't working and have a lot of free time so they start spending it playing cards or mahjong and get hooked. There's no rule that says you have to be young to be a gambler and young people in general have much less money than old people who don't need fast cars or new houses but have pension. |
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Really depends on which game you are playing, over time the house edge usually tends to pull back any short term winnings. I think that if you play a PVP game such as poker and its variants then you have a fair chance of winning if you are playing carefully and with tactics. Definitely stay away from games based solely on luck as you will end up losing in the long term.
I once saw a document about casinos in Vegas and they were saying that the casinos aren't making the most money on high stake poker or blackjack but on slots. The less skill the game requires and the less rules it has the more people will play. And slots are made for people to lose. When they play they don't know the odds and are attracted by light and sound and the real money, not chips being thrown at them. Online dice work just like those machines. |
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The reason people think it works is the simple heads and tails game. In your example a gambler needed 7 consecutive losses to run out of money. Take a coin and throw it in the air 7 times and choose one side. Your side will win at least once. In games like this one or roulette where you're betting on the same color you potentially could make some money but it would require a lot of games and a huge bankroll. Online, in casinos that depend on seeds, you will only lose.
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I'm glad that most people have chosen 1 hour. I think it would be fair to allow us to choose 30 min or less as well because many people play for an hour or two per week which doesn't even add up to 30 minutes per day. If any of you really play for 8 hours a day you should look for help.
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Just watched their press conference, looks like McGregor was back to his old ways trash talking, shouting over people, getting up in people's faces etc. Khabib is no joke, and McGregor would be wise not to treat him as such, as he will get choked the hell out if he does. Honestly, McGregor has a good record, but has lost three times already, whereas Khabib hasn't even gotten close to losing in any of his fights. It's going to be a tough fight for both of them, but I think that Khabib is ging to edge it out.
He can get choked and he's proven that this is his weak side, but don't count him out yet. McGregor is a punching beast and has a rather wild and hard to predict style of boxing. He's not a fighter that can take hits and keep going and he's not very good on the ground but his punches are not only very fast but also very strong. |
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Well in most developing countries of the world especially in Africa and southern America the battle of a stable currency has been there issue and this countries has sometime serious of inflation and there currency are so weaker can only be accepted for trade within their country.
If bitcoin becomes adopted generally if will Forster a healthy trading ecosystem among countries and also tackle problems of inflation, slow and ineffective transaction processes and even prevent scam and corrupt practices
Bitcoin will never be used as a national currency. Think yourself, how do you imagine it? Most part of Bitcoins has already issued and investors hold those Bitcoins. Let us go ahead, do you suggest that the government of Africa must buy Bitcoins from investors? If so, than what is the sense? There is another important question, as far as I know the total quantity of Bitcoins is limited and this limit will be reached in several years (I do not remember the number of years but it is exactly less than 10). How are you going to solve this trouble that in the near future there will not be new Bitcoins? I remember you that every economy need to have new money for developing otherwise an economy falls in stagnation. Don't be so sure. Years ago people were saying that Bitcoin will never trade for 1000 dollars per coin. At that time it was maybe 500 dollars or less and people were praying for it to go to 100. Many people were saying that the Internet will never go beyond this strange network on which you can send messages or check the weather. People are holding Bitcoins because there are no easy ways to spend it. This can change very fast. |
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bitcoin was born in Asia and the majority of users are also Asians. Is it true that the majority of bitcoin holders are Asians. anyone can tell me
It is true , most of bitcoin holders come from china & Russia . I hope the two countries take official steps to legitimize crypts markets . Eth & NEO are true leader of altcoins market . China, I can't believe that I'm seeing China. A country where you can't trade bitcoin legally and where there are no exchanges has to be the one with the most Bitcoin holders. Were you trying to tell a joke? We can't know for sure where the majority of holders is because people aren't signing the addresses with their nationalities. If you're talking about trading volume the one on Chinese exchanges was being faked at the time when they were operating legally. |
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It doesn't change anything. China is obviously still against cryptocurrencies. They are against exchanges and miners and all big companies had to move out and go to hong kong or other countries. I know that it's a step in the right direction but let's not get too excited.
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I think that he barely even knows what bitcoin is. His managers set it up so that his record sells for BTC. He heard of it and that Bitcoin went up in value and got all excited started tweeting about it and it worked great for him. It gave him some additional publicity and it gave bitcoin some. 50 Cent is just an image, record labels set him up with nice cards, suits and events that demonstrate wealth, but in reality he is in severe debt. This is a lot more common that people actually think, I have heard about celebrities faking it until they make it for a long time, but it actually turns out to be true, particularly for rappers.
This reminds me of Michael Jackson. He seemed to have so much money and behind this fake image he was broke. |
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In gambling, I think 1% of winning chances you had the rest of that is lost. It is really hard to win gambling especially in lotto lucky draw I never win that but I always betting and hoping that I have to win even once. Here it comes up in my mind that gambling is not for winning always, probably it is good for entertainment only no matter how much you have lost as long as you enjoy gambling. When it comes chasing money it is nothing.
That happens because in lotto your odds are extremely low. It's not a normal type of gambling. To put this in perspective, in a dice game you have 49% chance that your roll will double your money. In lotto your money's not getting doubled. It is getting multiplied by a million or something close to that, but at the same time your odds are going down to something like 0.00001%. I never play lotteries. |
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I agree with comfort and privacy being very important but you can also add safety. If you win a lot nobody will know about it which adds to privacy but also you won't get robbed on the way home. Nobody will pickpocket you in the casino. Chip thieves are very popular in Vegas. Also, casino chips are sometimes being counterfeited.
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Where did you get the 98% statistic from? Seems like you just pulled that out of your ass? I doubt the numbers are as grim as you mention, as most sportsbook don't even have anywhere near that sort of margin on their odds.
He did. 98% looks better than 99. It makes it look more real since 99 is abused so much. OP is only trying to show how inferior a typical gambler is compared to his guaranteed picks.  This statement about 98% or 99% of players losing in the long run is exaggerated. I'm sure that more than 50% lose but not 98. |
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Hard work doesn't work in luck games that depend on rolls and nothing else. If you play dice or slots you can spend months playing and you still won't learn anything new. It only works on skill games like poker. An experienced poker player will read you like an open book.
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Well we can consider Money laundering as one of the biggest Crime Effects.
That's why all Countries should take in consideration taxing.
Taxing won't resolve the issue. If you tax casinos they will have to increase their fees and every single user will have to pay for it. At the same time those who launder money through casinos won't care if they have to pay a few hundred more per month. They are saving much more on taxes by doing it than they can ever lose in fees. Aslo, if the casino is in on it it hides the income so taxing it won't help because the laundered money is off the books. |
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There's a video of Alessio Rastani trying to exchange physical pounds for rials in Iran and nobody wants to buy because the exchange rates are so bad. Fiat exchanges are literally closing their doors because they're afraid of being bought out by foreigners. at current rates you can buy a good meal at a restaurant for $5. For the same money in the US you can get a coffee and a donut. The rates can be real but it doesn't mean that if you put coins for sale people will buy. $26000 is a fortune for them.
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