Bitcoin Forum
July 16, 2024, 06:28:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 ... 370 »
5461  Economy / Economics / Re: Will crypto lead to the next financial crisis? on: May 28, 2021, 04:26:02 PM
I think we are living a financial crisis already due to governments printing money infinitely to maintain a system that doesn't work in a sustainable way. Bitcoin is more likely to be part of the solution than the problem itself, because during crisis times investments like bitcoin can help people to protect their money against corrosive inflation.
You pointed out mass adoption can lead to crisis, but I think we should keep in mind bitcoin supply is limited, while another products or technologies you mentioned weren't.
5462  Economy / Gambling discussion / Re: Would you bet on Medieval MMA? on: May 28, 2021, 03:32:32 PM
This is interesting, and this is my first time to hear about this Medieval MMA fights and I'm shock to see that 25 countries are a member of Medieval combat. -snip-
A friend of mine is part of such a group, so I have some insight into what goes on. They train at least 3 times a week, there are also professional teams that are invited to fights by the organizers and earn money. The fights themselves are highly professional and run very coordinated, comparable to 5 on 5 fights in CS.

What you see on the screenshots above are mass battles that are purely for the entertainment of the audience. The "real" fights take place in very small teams (3 vs. 3, 5 vs. 5), where it is also quite easy to keep track.

So it is definitely a very interesting sport that offers a lot of potential for exciting bets. Here you can see a 1 vs 1 with axes, it's really getting down to business:

https://www.youtube.com/watch?v=Ad5RJ3TeKSE
It must be really nice to have a friend participating of a group like this. 1 vs 1 and 5 vs 5 are great to watch.

The video above you posted was actually the first one about the subject I found on youtube. After watching it I kept digging for more and found the Battle of Nations championship event.

I am not sure this whole thing is a real fight. If it is, it looks really fun and gambling would make it even more so. However, it looks quite too dangerous to be a real thing, it most likely is some short of pre-arranged thing where nobody gets really hurt and the winner is already decided beforehand. Even with great odds, it looks too much like an unrealistic competition. I do love the images though, it is like Game of Thrones but funnier.
I believe nosebleeds and some injured arms, fists are a common thing.
The most agressive fight I have seen so far was this 1 vs 1. Look how one of the players use his shield against his opponent's head at the end: https://www.youtube.com/watch?v=VlCQ2pBob5Q

For anyone interested in watching the games, they can be easily found on youtube through *Battle of Nations* search term. There are lots of videos.
5463  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 28, 2021, 01:39:34 AM
Can anyone answer this question: do referrals see any message when logging into their accounts showing the details of the shared satoshis amount made by their referees?
Yes, your referrals will see a message if you share some satoshi with them. The message will be displayed for one time only and it will disappear if they refresh the page. As far as I can remember, the message shows in a green box and it also display the amount which your referral will receive from the share.
Thank you.

I'm just curious, but is there anyone on here who deposited on freebitcoin to earn their 4% interest in a year?
If we are only talking about high house edge on freebitcoin or free roll $20 and $200, it's already boring for me.

I do and I think with the Premium membership with FUN tokens they have introduced from a few months now this becomes even better.For people who own at least 12500 FUN tokens and hold them for a year will get an extra boost to their interest which will go 10% and 10% is a really big amount to take into consideration.I am near this amount of tokens and with the price a token have right now anyone that has been in crypto for some time can afford this amount.Beside that we get those daily free spins which occasionally gives you 5000 RP, 5000 Satoshi or 5000 Lottery tickets.
I'm satisfied with the investment on the platform as well. The annual rates are quite competitive compared to another platforms which offer the same feature and Freebitco.in has the advantage of being around since many years ago, giving the site more legitimacy. Furthermore they pay interest daily, while another platforms usually pay it weekly. With so many pros I think there are a lot more investors on their site.
5464  Economy / Gambling discussion / Would you bet on Medieval MMA? on: May 27, 2021, 08:32:33 PM
Probably most people don't know a championship where players team up wearing medieval armors and wielding real weapons like swords, axes and halberds to fight against another teams exist nowadays, but it does. The event exists since 2013 and already counts with the participation of 26 nations which send a team of your own to the competition. Each year the championship is executed in a different country and there is already an International Federation responsible for it (International Medieval Combat Federation)

There are different categories of fights: 1 vs 1, 5 vs 5, 21 vs 21 and I saw there is even 150 vs 150, which rely in different attributes like resistance, strength, strategy, leadership and so on.
The rules are simple: if the player goes down he is out of the game. The team which manages to knock down the whole opponent team is the winner.

Like in any sports it's possible to see some nations are superior to anothers, what would give the chance to the sport's fans to earn some money by predicting the correct results. Would you have interest in betting in a sport like this and promoting it, so it could become more popular until being included in gambling's platforms?

Official Site

Some images:



5465  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 27, 2021, 06:36:22 PM
how do I get less interest when I have a higher balance?

It doesn't look like you are getting less when you have more from that picture though? I mean on that image it shows that you had 84k and got 9, then a bit over 85k and got 9 again and then some more and got 10 finally, then after that it is purely higher and higher and constantly 10 because of that. I believe if you get more money on your account that means you are going to get more interest as well, quite simple math isn't it?

If you got like 90 and then get 9 sat but then 80k and got 10 that would be weird, that is what you are saying how did you get more sat when you have less money because that's not true at all and that's why you are getting an increased amount of money and that's the situation here. I can't say if it is this way or that way but that's about it and that's why I think you should not be worried about it at all and seems like you are getting what you should.
That is pretty normal since daily interest is 0.0109589% and you also earn interest after the eighth decimal house of bitcoin. In some days those many decimal houses will accumulate 1 extra satoshi that you wouldn't earn in common days. Think about it like leap years' logic.


Can anyone answer this question: do referrals see any message when logging into their accounts showing the details of the shared satoshis amount made by their referees?
5466  Economy / Gambling discussion / Re: What are the biggest crowdfunded bankroll investment casinos now? on: May 27, 2021, 05:54:32 PM
I fear the golden days of bankroll casino's investments are over. The last ones I saw potential for profit were crypto games and yolo dice. The first removed the feature and the second was closed. This kind of investment only worths if the casino has many active players and a lot of money on the table. If you invest in an average casino, probably your investment will stay in loss for a long time. I would dodge it.

The new trend for investors are the *crypto banks* which pay interest over bitcoin, altcoins and stablecoins.
5467  Economy / Gambling discussion / Re: Man lost £20,000 in one night after becoming addicted to online gambling! on: May 27, 2021, 03:54:17 PM
Perhaps this person needed the presence of a faithful friend next to him.  

A friend who could keep him from continuing the game.  Perhaps this man was lonely.
Probably it would help. The man was lonely due to the pandemic and gone too far on his gambling adventure. After losing he had no choice besides telling his family about the issue, which promptly started giving support and helping him. The gambler did the right thing and was courageous to share his bad experience with his family, I must admit.
Now they just need to stay together and keep in touch more often to avoid loneliness. For some people it's not an issue to stay alone, quite the opposite, as there are people who feel much better alone than in groups, but for others loneliness is devastating and can lead to addictions like gambling.
5468  Economy / Economics / Re: Do you see yourself quitting after this bullrun? on: May 27, 2021, 03:21:56 PM
I would like to, but I can't, because my investment in crypto currency isn't big enough to supply my daily needs' costs and potential activities I want to realize.
To quit their job people need to hold several bitcoins, even if it's going to pump 100%-1000% in price futurely. Although bitcoin is a life changer, most people won't be able to achieve the total financial freedom anyway, because it's not that easy to find someone holding 1 bitcoin or more.
5469  Economy / Economics / Re: Covid virus 2021 on: May 27, 2021, 02:29:30 AM
There is no need to go so far, the virus itself is their own punishment for not following the safety measures that have been implemented all over the world, this is why we saw rates of infection that were so different all over the world, many countries saw very little negatives effects by the virus as people were respectful of the recommendations given by the authorities and this severely limited the transmission of the virus, while in the countries this was not the case the virus picked up speed and became a huge problem relatively quickly.

The problem is that careless people not just create harm for themselves, but they also have the potential to spread the virus to those who are taking adequate precautions. In my housing society, I am witnessing multiple examples for this. During February-March this year, the number of cases were quite low, and a lot of people went out for picnics and excursions. And from the photos that they posted in social media, I could see that many of them were not even wearing masks. One such family started showing the symptoms in my society after coming back from the picnic. The infection spread to 2-3 families and it eventually caused one death and almost a dozen hospitalizations.
That is the importance of self-awareness for each individual because in fact there are still many people who ignore health protocols,
we still often find people who do not wear masks and go without an important purpose,
With these conditions, I doubt that Covid will be finished in the near future
I really doubt someone who wasn't used to stayed all the time at home since the beginning of the pandemic. Somehow the normal life continued and masks don't guarantee an infection isn't going to happen. Also, people need to work, otherwise they don't have money to buy basic goods to survive. During this whole process the person can be infected and infect others. It's a very nasty situation, but what choice do these people have?
5470  Bitcoin / Bitcoin Discussion / Re: The real reason I got into bitcoin on: May 27, 2021, 12:14:00 AM
A temporary equal distribution of money can only be achieved through a big reset and I believe no man has (or should have) power to make that happen. Anyway, even if an event like that happened, it wouldn't solve any financial equality issue, because people aren't equal and the differences would still exist as there are people who work more, save money, are smarter or more ambitious than others.
Some people will always have more money than everyone else, because doesn't matter how a society works, these people will always find a gap to accomplish their financial goals in a moral or immoral way. And bitcoin can't change this natural modus operandi of the human society.
5471  Economy / Economics / Re: How to protect from inflation? on: May 26, 2021, 09:46:29 PM
From that list I'm not familiar with most investments, so I can't say how good each of them is. But from my experience I think bitcoin is the best way to protect your money against inflation nowadays and one reason for that it's because it is easily reachable for anyone and you can invest small amounts of money and still have decent chances to turn it into profit on long run, while protecting your money against inflation.
Another investments demand a lot more money if you want to turn it into a considerable profit or passive income, furthermore there is also much more bureaucracy to be fullfiled. Such inconveniences only worth if the person is going to invest a lot of money. Without any doubts for the average joe bitcoin is the best option.

If you have just a little you wouldn't care about inflation.
I think everyone should worry about inflation, even those who save little, because futurely their savings will be wasted if they don't do it in the correct way, that is avoiding fiat at all costs.

If you have more, then gold is still considered as the best investment by majority of people, especially in Asia, where it's common to buy it when you have extra cash and sell it whenever you need. Absolutely no paperwork is required. Unfortunately crypto can't take that place due to its volatility, you can only consider it as a long term investment.
Yes, if the goal is to keep the money's value on short run, gold is a good idea, because it's a pretty stable investment, so you can avoid fiat's depreciation and crypto's high volatility at same time. On the other hand, it's not possible to make much profit from this investment. On this aspect crypto is superior.

And nice to see people in Asia are educated to invest their money this way. Where I live the common sense is to just spend money until the last penny is over.
5472  Bitcoin / Bitcoin Discussion / Re: Making investmets based on Elon Musk Tweets on: May 26, 2021, 08:21:44 PM
Elon Musk has some influence in bitcoin price, but it is limited as we can see. Maybe he thought he could *kill* bitcoin if he wishes and resurrect it later when he wants, but in fact he was just able to drop the market in part with his FUD, which was followed by a deeper correction due to speculators cashing out, following the trend, as it's normal always the price starts falling due to an exceptional event.

Also, every newbie who comes along because of Elon has a chance to evolve into a lifelong holder. In the short term, it can be annoying but in the long term, it'll strengthen bitcoin.
I agree with you. Moreover, I think on long run people will get tired of his tweets, jokes and with so many unstable opinions changing every few days he is probably going to lose influence in crypto market. As investors become more mature and experienced they need less influencers' opinions each new day.
5473  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost money on the market drop. What should I do? on: May 26, 2021, 07:18:18 PM
I lost a big sum of money because of bitcoin fall. What can I invest in to avoid risks like that? Or at least to bear lower risks?    
In crypto universe there isn't any way to avoid risks like this or to bear lower risks. When investing in crypto currency you have to take all the risks and accept the consequences.
As this market is very volatile, you should never invest thinking in short run profits, because sometimes it will take months or years until you are able to cash-out profits. I see you started your investment very well, because you picked the right coin (bitcoin). You just need to be more patient and don't desperate yourself after a fall in price next time. Buy bitcoin again and keep holding.

Remember many people bought bitcoin for 19,000$ years ago and had to hold it for few years until they could sell it for 64,000$ this year, during the last ATH.
Conclusion: the profit isn't overnight like some people say on the internet.
5474  Economy / Economics / Re: How to protect from inflation? on: May 26, 2021, 06:44:20 PM
From that list I'm not familiar with most investments, so I can't say how good each of them is. But from my experience I think bitcoin is the best way to protect your money against inflation nowadays and one reason for that it's because it is easily reachable for anyone and you can invest small amounts of money and still have decent chances to turn it into profit on long run, while protecting your money against inflation.
Another investments demand a lot more money if you want to turn it into a considerable profit or passive income, furthermore there is also much more bureaucracy to be fullfiled. Such inconveniences only worth if the person is going to invest a lot of money. Without any doubts for the average joe bitcoin is the best option.
5475  Bitcoin / Bitcoin Discussion / Re: As a Chinese, talk about my views on the new policy on: May 26, 2021, 04:59:13 PM
2. The popularity of Bitcoin mining, as Musk said, has had a negative impact on the environment and energy, forcing the Chinese government to crack down on Bitcoin mining.
China wouldn't crack down bitcoin mining for this reason. Most probably the government saw bitcoin mining popularity increasing recently, so they became worried about a decentralized currency getting support among their citizens. Another reason could be also the one you mentioned on the first point: when the market crashes, it will harm chinese's investments in bitcoin.
At same time bitcoin mining has been always very popular in China, no? This announcement and many others made before don't make much sense when you put the reality side by side, but as you said below:

I could tell you that what OP mentioned is true while it seems ridiculous though.
Do you know that China also shut down tens of large Aluminium refineries which consume enormous electricity just like crypto mining at the meantime?
Bitcoin mining is just one of the many industries harmed by this so called carbon neutrality policy.

BTW: Most Chinese citizens who take the ride of cryptos care no shit about decentralization but making them rich quickly. This is the least thing CCP would worry.
I didn't know about it. I thought China wasn't taking the global deals to decrease co2 emissions seriously.
But don't you think even chinese citizens not caring about decentralization it's still a risk for the government to have a decentralized currency becoming more popular each new day? In government's point of view, investors' money could be going to the national industry instead of a global currency which they have no control over it.
5476  Bitcoin / Bitcoin Discussion / Re: As a Chinese, talk about my views on the new policy on: May 24, 2021, 03:39:12 PM
1. Due to the arrival of the Bitcoin bull market, many Chinese have joined the Bitcoin market, but most of them have never even heard of Nakamoto. This sounds very ridiculous, but this is the status quo in China. This part of investors has pushed the price of currencies such as doge to rise, but when the price plummets, they are likely to harm society because of losses.
Maybe most investors in China are just too practical to care for bitcoin's history and origins, so they don't know who Nakamoto is.

2. The popularity of Bitcoin mining, as Musk said, has had a negative impact on the environment and energy, forcing the Chinese government to crack down on Bitcoin mining.
China wouldn't crack down bitcoin mining for this reason. Most probably the government saw bitcoin mining popularity increasing recently, so they became worried about a decentralized currency getting support among their citizens. Another reason could be also the one you mentioned on the first point: when the market crashes, it will harm chinese's investments in bitcoin.
At same time bitcoin mining has been always very popular in China, no? This announcement and many others made before don't make much sense when you put the reality side by side, but as you said below:

In fact, China’s policy announcement and final implementation are often different.

I personally think that it is difficult to regulate Bitcoin by cracking down on Bitcoin, which will activate the original properties of Bitcoin.
It seems there is some chance this announcement is just FUD, so it doesn't mean a strict regulation is going to be implemented, right?
5477  Bitcoin / Bitcoin Discussion / Re: Sextortion - more than 4000 BTC cashed on: May 24, 2021, 01:39:55 AM
Most of these sextortionists do not really have any video to blackmail you with in the first place. They just toy with your emotions and take a cheap advantages of it.

I've received more than 20 of such threats asking me to send Bitcoin or they will share my private videos which I believe they do not have.

And that the transactions have been traced through the wallet to a binance account should have made it easy for the police to arrest the guy if they really want to do it except the court needs additional evidence to compel the Binance to expose the identity of such blackmailer.
Some time ago I was used to receive at least one of those emails a day, always the same threats, content and claims that they put a virus on the computer which triggered the webcam. The best to do is just to ignore such messages. If the victim gives the blackmailer some kind of attention, the situation may become much more problematic. Another option is to just contact the police, but the person has to expose himself.
Anyway, situations like this are a good warning to let people aware they should be more cautious regards their privacy and to not trust electronic devices to store intimate data or to exhibit themselves in front of these gadgets.
5478  Bitcoin / Bitcoin Discussion / Re: More China Craziness - "Cracking done on mining" on: May 24, 2021, 12:24:13 AM
It's a good opportunity for mining companies move their businesses to another countries and decrease the total mining power China is responsible for. It will give a lot more stability for bitcoin if mining power isn't concentrated in one only country, especially a country ruled by communist dictators like China. It's also a chance for smaller countries which need to increase their income to attract these mining bitcoin operators to their territories.
5479  Bitcoin / Bitcoin Discussion / Re: Crypto has become the rich man's playground... on: May 23, 2021, 11:46:46 PM
Yes, you are right. But why this is happening? Who helped them to play? Both answer is "we the Crypto investos, holder and traders". Because we follow every richest person. If they tell anything then without judging we follow them. For this reason they can make hype easily among us. And they take advantage of this. I think we should unfollow them. If we do so then the rich mans cant play with Crypto.
In the end it's all investors' fault, because no one was forced to sell bitcoins and help the whales to dump the market, nevertheless investors did it for fear of loss or just because they wanted to follow the big investors and influencers' steps. Unfortunatelly few investors who think outside the box aren't enough to stop the crash that is caused by investors who move the biggest chunks of money in crypto market and their sheep.
All we can do is to hold and wait until the market starts recovering again. I would like bitcoin didn't need these big investors to be able to rise, but that is just impossible.

I don't think the whales need help from retail investors to dump the market. If they decide to dump the market and throw 500,000 Bitcoin onto the sell order book, that's definitely a high enough number of Bitcoins to get a crash going as we have seen it now.
Probably whales don't need help to dump the market, you are right, but smaller investors participate the dump anyway and regret about it later when they see bitcoin price suddenly skyrocketing. So they blame the rich investors for manipulating the market and taking advantage of everyone else. Actually somehow they are right, so the best antidote is to keep holding, since we can't predict exactly when bitcoin will turn the tables.
5480  Economy / Speculation / Re: Will bitcoin dump below $30,000 this week? on: May 23, 2021, 08:29:31 PM
Yes, it's possible to go below 30,000$ soon. Last wednesday btc reached 32,000$, then the market recovered nicely until friday, when btc dropped to 34,000$ with a very shy recovery right after, which resulted in the recent fall to 31,000$ already this sunday. What I see is that bitcoin is slowly going down, what means it's hitting limit orders of different investors set for different prices in 30,000's range, but these investors aren't willing to put a lot of money in bitcoin yet. It looks like big money isn't going to come into btc until the digital currency reaches at least the 20,000's range again.
Pages: « 1 ... 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] 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 ... 370 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!