I don't think Bakkt will directly influence the price of BTC at all. However in the future when bigger players want to dabble in crypto, say as the next bull run comes, then they might want to be able to use Bakkt for institutional plays. That's when it will indirectly increase the price of BTC.
I feel it will be more indirectly than directly. We can not however judge it effectiveness on Bitcoin price because it is on it early stage. On the long run, we will be quite sure to certain level whether it influence on Bitcoin price is been natural and not hyped. |
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Privacy means a lot to people especially when it has to do with money.
Don't blame them when they seek decentralized and anonymous system for saving, paying and other related activities.
Also, many people are moving away from the bank because they trust them less. With the way they handle their funds.
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As they say, people can always do anything for soccer, especially for their club but does that also include losing money intentionally.
I think there should be a limitation to what we can actually lose our money on. You may feel the money is nothing when the game is ongoing but the aftermath can be quite painful.
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How certain are you to say that September is simply a bad month for cryptocurrency? I don't think so though.
No month is specifically designed to be good for cryptocurrency, people emotional behaviour towards it determines it price.
And as for Baakkt not doing good; we can't conclude for now, as it was recently launched. The price of Bitcoin is just dropping because some are selling and other are sacred they might lose, thus, the rush to sell too.
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Realistically, 16k this October is not really visible but it is possible as anything can happen in cryptocurrency.
However if we see this amount, it maybe unhealthy, be every sure that there will be another correction in the first quarter year of 2020.
This price is somewhat possible at the first four months of 2020.
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It can be considered as a good business even if you don't gave employees or other co workers.
If you are doing it alone, sooner enough, you can have other or employ additional hand.
On the other hand, earning only 300 dollars per year or 3000 dollars per year to me is not a good business or right earning.
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I read of someone transferring a billion dollars worth of bitcoin and some people speculated that if it hits exchanges, it would cause bitcoin to drop.Do you guys think this is the cause or maybe it's just a bear trap?
This sort of rumors are what causes panic in cryptocurrency . There is even no official link to any website that state so or carried such news. Moreover, if anyone trade their BTC which happens to be much in number, its not necessary suppose to cause panic. Bitcoin are meant to be owned, transact, used or spend. No one has the right to tell anyone how to spend their coins because of the fear of price decrease. |
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Joshua vs Ruiz 2 is surely the best bet of the year cause it drew more attention than expected. As many did not forsee the result.
Locally many have started betting and putting in funds already as they feel the game will be different. Coupled with the rumored news that Anthony Joshua might retire after this match.
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Aside the investing or monetary part, for me, Bitcoin is about having or owning something I can control on my own with no interference from any third party.
Isn't it overwhelming how every part of human life is been controlled by the government indirectly? We toil day to day to earn a living, then after that you still have to make account how you own it up. It's exhausting, hopefully with Bitcoin this could be totally eliminated or minimum.
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Lol OP, how about you sell alone and not dragging anyone with you. Last time I checked, crypto investment is by choice and not mandatory or something you can push anyone around to decide. Instead of creating FUD, let investors act on their own Feel free to Sell, Sell, Sell; interested investors who don't panic on all price dump can buy buy buy. This year prices alone can tell you how Bitcoin price will recover soon. |
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It will cause a major impact and will certainly expose cryptocurrency particularly Bitcoin to more adopters as the K-POP are known to draw more crowd.
If this ever happens, their major influencers will be kids and growing teenagers who loves to imitate these singers in whatever they do.
Another point it, will this young users bother to know more about Bitcoin or crypto or will they just know it as 'one of the things K-POP stars owns or invest in'.
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Until someone can build a new gambling site or add this betting into crypto gambling games, so this game will be available to use crypto, especially bitcoin. And if not, then people could only play this game by offline. I think that will interest if the site can add the match so people can watch the fighting show. But I guess that will be rude since not all people want to see a brutal match by the cockfighting.
Exactly my thought. i think many people are skeptical of implementing on putting this type game in their site because of some people belief in the danger it may cost the animal as some might end up dying even before the game end, it may lead to site banning. I guess anyone that wants to play this game will have to do some offline in a mutual agreement with bitcoin as a payment method. |
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How about you making a research of Bitcoin and how to use it also discovering by yourself the advantages of using it in your online business.
One thing there is that using Bitcoin as a payment method will make it convenient for your users in paying for their goods and they don't risk display their credit card details online in cases of hacking.
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But I am facing one more issue there are no features. I have seen one project MeterQubes they are providing more services and features in Decentralized Exchange. So I guess this is the right time for Decentralized Exchanges to take a position in a market. Here is the video of MeterQubes. I would like to know a suggestion about the community what they are saying about it? Here is the video: https://www.youtube.com/watch?v=pZpW__JOM0YI guess it can't have everything. One of the lacking of exchanges whether centralized or decentralized is that they don't have all the features àn investor will want. So it's best to choose the top priority which is been able to control your funds without external party or third party. |
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It’s very difficult to make a casino yourself. There is an opportunity to invest in an already functioning gaming site. And there are actually a lot of such sites that want to attract investors for their business. One such site is Mintdice https://mintdice.com/guide/investing But I am not familiar with the details of investing. Online casino are not difficult to make, a simple Google online will reveal people who are selling its scripts depending on the casinos site you want the script like. There are now even software for simple setup and installation but one thing players will miss is the uniqueness in such site. |
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I doubt it, for that to happen we will need for bitcoin to become the most dominant currency around the world, and while that possibility cannot be discarded I really doubt that governments are ever going to stop printing their own currencies since it gives to them too much unilateral power over people and their futures, however if bitcoin becomes big enough then I do not see why we could not reach a point in time in which every big casino has to accept bitcoin and other cryptocurrencies if they want to remain profitable.
I agree but it's not even about Bitcoin been the dominating currency but on what will happen to countries where cryptocurrency are banned. Or else if the casino refuse to register their company or get a licence for it (which is not a good idea for authenticity) ;it cannot work. |
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It's interesting to see the market now. After Bakkt launch, the price triggered to be down, and now, bitcoin reach $8k, and it stays in that price. Many people were expected to see the increasing of the price but the fact, the price is down deeper. It could be the benefit for people who wants to buy more bitcoin but also this could be a loss for people who already buy bitcoin at a higher price. But we need to calm down for a while to wait for the bitcoin price increases again. Meanwhile, we could load more bitcoin in our wallet so we will be ready when the price can jump to the higher price in the next months. Although we don't have any sign about when the price will increase, I am sure bitcoin will rise again.
Sure, Bitcoin price will rise again, that I am quite certain of. But the price decrease is indeed a shock to many, cause many didn't expect it. As Bakkt went live, many expected the price of Bitcoin to rise since it creation is another exposure to Bitcoin adoption. However, when the price dropped to 9k, FOMO made a lot of people to sell further. |
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Isn't it happening already?
I feel lot of the cryptocurrency gambling sites or casinos we have online is now embracing cryptocurrency as their method of payment and payout.
The reason behind It's simply because nobody wants to risk their information or credit card details online especially when state governments securities on gambling is becoming tight every now and then. Identify is very information.
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If it is an offline setting, there is no restriction in the country you are staying, then it can be a good location to set up your gambling business. However, it's best you register it and get the right license if there is anyone being provided in your country.
But if you intend setting up an online gambling business, which I think will be more profitable than the offline, then it can be run anywhere. Just make sure you also get a licence for it.
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