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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I'm pessimistic. I think there has to be an anti-crypto lobby in there that wants to slow them down as much as possible. For those who want to go in the lower the price is the better. Think of the opportunities if you knew that you'll buy and have 50 million or more to spend. Getting Bitcoin for 5000 USD would be a huge deal for you.
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I think that we need even more of them. Competition is always good for the economy. The more exchanges the more they will have to fight for the client, which means better offers, cheaper withdrawals, bonuses, referrals and other nice things. Also more exchanges mean more fiat currencies that are supported.
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guys no point replying to FXsurfer.. he is now trolling like a flat earther. just let the topic die out and i dont think he will see the big picture about cost, utility, function that creates value
maybe, just maybe
one day he will learn that the binary digits that make up the ledger has an actual function.
that creating the database has a cost.
and for people that want and need that function are happy to pay the cost of its creation.
but until then. no point going around in circles, unless he is ready to learn the big picture stuff He somehow came to a conclusion that if something doesn't physically exist or doesn't represent another physical thing, it has no value. This is simply untrue. People are buying online games, game accounts, avatars, items like cs:go skins, ingame currencies like wow gold. All these things have value and are exchangeable for fiat money and other physical goods. You can literally exchange a cs:go skin for an iphone or an IBM share if that's what you want. |
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Lotto gives you much lower chance of winning than simple games like dice or roulette. I think that you can win in gambling just not in the long run. The more you play the more you pay the casino but sometimes you do win. When you lose it makes you biased against gambling the same way that winning makes you biased towards it.
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I think its possible to amplify or pick up crime as a result of gambling experience. In particular, more so I think, in relation to old fashion walk in casinos.
Any person who has got addicted to gambling the chances of happening of crime also increases with that cases. Though it will a few % among that addictions who can commit crime and it will happen when they lose all their money and want more to gamble. Do you really know cases of gamblers who lost money in a casino, went out and stole from someone or robbed someone at gunpoint to be able to get back to game? Never heard of anything like it. Gamblers aren't some hardcore criminals and they aren't blinded by drugs when they are playing. If they see an opportunity they'll take it but they won't start killing people to be able to play. |
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I think that it's better if we prepare for the worst. If you think about the ETF proposal as rejected and it gets rejected you won't feel a thing. No depression and no disappointment. If it gets approved you'll not only feel confidence and happiness but you will also be surprised.
I think that they won't reject it in 2 weeks. They will postpone it.
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I remember that about three years ago, when I was just learning about the existence of bitcoin, there were a lot of faucets who paid more than 1000 satoshi per hour, which allowed those who had enough free time to spend in faucets, to accumulate a good amount of satoshi each week. In fact, that was the way I could get my first fractions of bitcoin by not knowing more alternatives.
However, in these days already very few serious faucets survive, and the most popular of them hardly grant a few satoshis after much effort.
Do you think it's still worth investing time in faucets? what is your experience with that?
for me the faucet is now not as it used to be. many faucets don't pay and just waste our time. if I can choose I prefer to mine or invest in bitcoin rather than just waste time in the faucet without results. Faucets are bad because your expectations are low. 5 years from now if you farmed a faucet you could maybe make 1 dollar if you clicked a few times. Now it's still 1 dollar. What changed is the number of satoshis per click. People who used faucets in 2010 didn't know that 3 years later Bitcoin will be worth 100 times more. |
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usually bitcoin bear market will be for more than 2 years even the last bear market is same period so we can expect slow growth in this period
You're wrong about that. There's no usually because Bitcoin does not have its usual behavior yet. We only had one big bull market followed by one big bear market. It took two years because the situation of Bitcoin was looking really bad with MtGox going bankrupt, so many cloud mining scams. Real mining companies going bust, China blocking bitcoin to fiat transfers. It was much worse than it is now. |
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Is anyone interested in producing this content? I suppose we'd need at least someone with good camera presence, someone skilled at video editing, and one or more script writers. I might be willing to dedicate some forum funds to this.
Andreas Antonopoulos has his talks and Q&As on YT and they seem to be attractive and up to date. You want something like that? IMO, he's a great candidate to be the forum's representative. I'd love to see a channel made by theymos. It would be called ask theymos and people would be able to post questions in a forum thread that would be then read aloud by our one and only and answered on camera. Voice only would do, like they do in some podcasts. I can already tell you that this would have ten times the popularity of that proposed post summary. |
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i remember a lot of those cloudmining scams. a while ago they were like the most popular thing to create. every week we had at least one new one coming out and they were obviously scams. i never invested in any of them but i made sure to use those which were "giving away money"! usually some of them to gain some attention they were giving away hashrate which mined for you and paid out. i made a small amount of money doing this. of course most of them started forcing you to invest before you could cash out but that came later  They learned from people like you who took advantage of their money shower. Taking free money is something else. It's not being a part of it, it's seeing through it and being smarter. What about people who unknowingly promoted these scams by posting referral links? Some of them had signature campaigns. There's a thin line between being fooled by the scammer and unknowingly becoming one. |
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I think coming out of retirement would be a bad move for him. He has a great record and a lot of money. If he loses this fight I doubt that he'll try to get another contract and get back to full time training once again and it would mean ending the career with a loss. Mayweather doesn't need to prove anything here and the stakes are high.
I think it's just rumors.
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Though I haven't seen any fight between BCH and BTC community, maybe only BCH owner claimed BCH is better than Bitcoin. A true bitcoin supporter won't fight with any other coins, because at the end of the day, we all know, we need bitcoin more than anything in the crypto field.
Because there is no fight. Roger ver is using some strange tactics to promote BCH. Remember when BCH was coming out and somebody was spamming Bitcoin network with microtransactions to make it slower? If you add that Ver worked together with Bitmain it's all starting to make sense. Bitmain got what it deserved and lost money on BCH. The world is back in balance. |
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We do understand but put yourself in the shoes of new investors. If you bought Bitcoin for 7000 and it later on went to 6000 what would you do? Wait for it to go lower or feed yourself with hope and greed thinking that one day you'll be a millionaire?
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You think that 2015 was still a phase of the bubble? A stealth phase? That was accumulation after the 2013! 2015 had nothing to do with the rise of 2017. It was a period of low prices, a period of despair when many companies and individual projects went bankrupt.
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The problem with cloud mining is that they were functioning and paying and people weren't able to prove that they were ponzi schemes. There were some circumstantial evidence like no proof of mining, no addresses, but at the same time some of the companies had pictures of their hardware. I understand people who bought into it out of greed and lack of hard proof.
If I knew that a project is a scam I wouldn't invest in it. If there were some people saying that it's a scam without proving it, I probably would.
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While I hate pure TA its rules are pretty simple. Every time the price fails to break the upper line it will retract and try to find a new bottom. If it finds it and goes back up to retest the upper line again it will have to go higher this time as the line will have descended lower at that point. A failed rally to $300 will mean a new bottom.
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I'm not from Germany, but if I wanted something I'd definitely ask for Russian/Ukrainian vodka. Cheap like borscht and hits like a sledgehammer You can also try posting in the marketplace and the German local section for greater coverage. Good luck! |
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Not a big one because I don't gamble with high stakes. I think the highest amount that I've ever lost in one day was 0.01BTC with BTC trading below 5000 USD.
When I read about people losing 1 BTC or more it makes me wish I had so much money to play with.
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