I had a kinda weird experience cashing out to fiat and I want to know if anyone else has had similar. So I made a killing in crypto and decided to cash out. I converted my bitcoins to fiat and sent them to my bank account. Easy so far. But the money didn't appear on my balance. I went into my bank to ask them what was happening... The lady at the bank said because the money came from cryptocurrencies they wouldn't be legally allowed to process it, so it wouldn't get added to my balance. I basically said this is theft and asked what she was going to do about it and could I see the manager. I stomped about a bit and let me tell you I was wearing those boots that Uncle Peter got me with the metal heels and I made quite a commotion. This is when she backed down and she said I could still have the money, but I would have to have it as bitcoin and not as fiat. Okay, so long as I get to keep my money. I can try to cash it out another way. This was two bitcoins which is a lot of money for me so quite a big deal. So then she rummages around behind her desk and then puts these on the counter. I picked them up in disbelief. WTF, you may be thinking. No, WT AF.  I picked them up and they weren't even metal like proper bitcoins, they had this kind of cheap plasticky feel. Then to make it worse she says "Oh I forgot to deduct our fees." And she gets out this cheese grater thing and starts filing away the edge of one of my bitcoins, and she scoops up all the plastic bits with a little shovel and pours them into the till. It is important to quantify things so I used my phone to take a photo of how much she filed off. To me it looks way way too much. Please tell me, is this a normal amount for banking fees? I think she was scamming me. Seriously she scraped off like a third of that thing which is just extortionate, right?  So now I have one proper bitcoin and one damaged one, but I think they are plastic anyway. I put them in an envelope and mailed them to an exchange, but they didn't get added to my balance there either. I think there has been a hard fork and they no longer take plastic coins because it is not hard like metal. If they had a soft fork I would be fine. But this is the way of crypto, us wise old heads who have been in the game for a while learn to take the rough with the smooth, and the soft with the hard but this is the first time I have taken the plastic with the metal. Anyway, has anyone else had this? A couple of weeks ago the exchange said my bitcoins were worth over $10,000 and now they say they are worth nothing. I am feeling confused and angry, and I think from my exposure to these plastic bitcoins I may have contracted this crypto volatility that is so fashionable these days. I never experienced this kind of problem because in the first place our local exchange are the one who arrange everything so we don't need to worry whether we are going to cash out in our banks using our bitcoin money. It will be best if you can drop also if you are using a local exchange or not so we can fully follow your situation and for others to avoid this kind of problem in the future. I notice some banks in our country that bans this kind of transaction also to prevent any frauds but as long as you are using our local exchange then converting to fiat and cashing out your money through banks are not a problem at all. |
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What will be%?
The btc will be like 50k - 100k the End of the 2020.
Ethereum will be 500- 700.$
Okay That's That's really Low what are the other%?
For example tron, ltc bch atom cosmos... Grin....
Or maybe Even link??
What will be returns in 2-3 months/ 6months and 1 year ?
Any ideas?
Any coins with possible Return in 6 months like 1000% Roi?
The possibility is not zero to obtain the 1000% ROI but with regards to time span, six months is very short period of time to obtain this kind of ROI even after the covid. There is no 100% guarantee that we will skyrocket that much after the covid but the chances is pretty high so let's just assume that we will hit a x4-x6 of crypto price after 6-8 months after the covid crisis. X10 is too much but the crypto market is unpredictable as the prices will always vary to the demands, so if the demand will surge then achieving the x10 is a possibility especially if the big whales will also push the market. |
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Well, people can lose lives in coronavirus but at the same time people might lose their money and become hand to mouth because of gambling.
So i would like to know your opinion, whether you think gambling is more dangerous or coronavirus is more dangerous for the people ?
They are both dangerous but virus is a lot dangerous compare to gambling especially if there is no vaccine yet and it will continue to spread for a very long time because everyone will be at risk compare to gambling that only addicted gamblers will be at risk in losing their money, so in gambling not everyone will be at risk. That is how I see the difference between the two, virus is very broad and was considered a pandemic because it affects all the country while threatening our lives if we will be infected with it. But in gambling, we still have chance to recover even if we are addicted to it so it is not that dangerous as it is not a life threatening. |
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Been seeing a lot of post about the COVID-19 and how it affects different markets like stock, oil and cryptocurrency but I wonder if these things are just now or it happens every time there is a pandemic disease like this. I tried to search for some charts that might help to analyze if there are really a direct effect on the bitcoin with https://cointelegraph.com/bitcoin-price-indexI'm not going to include the 2009 H1N1 pandemic virus since the bitcoin was created on that same year. I'ma start in 2012, Middle East Respiratory Syndrome Coronavirus (MERS-COV) DATED from Jan1 to June31 2012 (6months) Discovery of MERS-COV was in April, Seems like there isn't much effect on the price not until in June when it starts to increase ( about 20%)  Ebola VirusAlthough it was first discovered in 1976, there is an outbreak happened last 2014. DATED FROM Jan1 to June31 2014 (6months) The price increased relatively. Price dump in Feb but recovers in March where the first case of Ebola was recorded.  COVID-19 Discovered in late 2019 (Pandemic outbreak; Recent)  The price seems great in mid-feb and reached $10K but then it starts declining when things are getting worse with COVID-19. The bitcoin seems unaffected by the first two pandemic at those time, while now the COVID-19 looks so impactful but why? The relative increasing of price might be the root why such pandemic disease happen so rattling the crypto space.But then again we cannot assure these things. I'll update this thread if necessary. What I can say is that there is a relationship between the pandemic that we are currently facing right now to the bitcoin price because many are selling their bitcoin just to sustain their daily needs due to this pandemic. That is the relation that I saw, once there are more holders who sell their bitcoin then the price will surely to goes down especially if the buyers cannot accumulate all the sellers. I even read a topic that someone sold his bitcoin because of the pandemic that they are currently facing right now, he is living in the US if I am not mistaken then he just said that he will just buy back the assets that he sold once the pandemic will be finished. |
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Each of us doesn't want to pay too much tax and one an Australian have a solution because of today the group of Australian Taxpayer's Alliance or ATA are now promoting the use of the bitcoin most of them today are now using the bitcoin because they see the potential of it to make the easier way of the transaction and also less tax or transaction fees. Today they are now promoting the use of the bitcoin to their country and now making a huge move or project to help other people to use the cryptocurrency to comply with their tax. This is a good move too because they are now trying to promote and use the cryptocurrency to get more popularity. According to the Director of the ATA they are now widely spreading the use of it because they want to have a fair transaction regarding their tax payment and also "Feeling even more secure in my investment" This is a good sign for adopting the use of the cryptocurrency and the bitcoin to their country. Source :https://u.today/bitcoin-newbie-top-executive-from-australian-taxpayers-alliance-buys-her-first-btc This is another good news for bitcoin as it only shows how useful the bitcoin is especially in paying the taxes and other payment methods where they can easily receive the payment without any hassle. I also salute the ATA as they are very open minded and they even promote bitcoin to be use in their country. Right now, we are not yet in this kind of scenario therefore I am jealous to those country who are very often to crypto currencies especially in bitcoin. This will also help to boost the demand of bitcoin in that country which is a good sign that bitcoin will have a brighter future and our investments are very safe especially if we can hold it until the peak of the market. |
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Hello Community! What’s going on? Hope you guys are safe & staying home! Basically, I live in New York (I’m an expatriate indeed) & you guys know the current situation!! We are suffering badly, although I’m not scared of! Last night I sold my loving 0.67 BTC, since I need cash money!
I believe, in near future when the situation will be normal, I’ll buy it again since I have no doubt on the future of BTC & its use case! Please guys, stay home stay safe & don't forget to pray for us.
Many are in your situation also especially in this time of pandemic and many countries are imposing lock down just to minimize the number of affected persons as this virus really spread pretty fast. We are also in lock down and I saw also that many of our country men are also selling their assets just to survive in this type of situation. So I can see a bright future of bitcoin when this pandemic will be all over as many will surely bought back their assets then hold it until they will profit again the same to what you are planning. |
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Firstly this is not a promotion, nor am I encouraging you to do the same.
I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
My answer:
For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.
It is not a problem with me if I will be paid 100% via bitcoin as I can just convert it right away into our local fiat upon receiving it. This scenario will happen only if I have expenses that I need to pay in fiat but if I can pay all my expenses via bitcoin then it will be better. For others, volatility of price is their main reason why they didn't like to receive their 100% payment via bitcoin as they are afraid that their money will just shrink after they receive it. |
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While in the previous weeks and the month of the March the market price of the bitcoin form 8k dollars it immediately falls down into 3.8k dollars and many investors grab the opportunity on this to make more profit in the future because now it is recovering from the market and now many investors and analysis look forward to the price of the bitcoin because in just a single week it has a huge change and it is become stable on the price of 6.7k to 6.8k because of the previous investment there is 23.8 billion dollar increase to the price of the crypto. From the previous week, the price of the bitcoin comes into 7k dollars and that was good news to us, and today there are a lot of people buying a lot of bitcoin instead of selling because we all know it will go up for the upcoming halving but still we cannot make sure the market price movement will continuously increase. As this kind of changes would you rather still invest or buy a lot of bitcoin or sell?. Of course buying is a better option as of this moment base on the current happenings and we are already near to halving so we can expect that bitcoin price will likely to rally in the following days. It is a good comeback of bitcoin especially if we can cross again the 10k$ price before the halving happens. Let's just hope that the demands or the buying order will continue to outnumber the selling order so we can see a better comeback in the following months. |
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I'm interested in all feedback, comments, critiques of my site SatoshiSquares.com. You can play the demo version without registering, however if you do register, comment below with the screenname you registered with and I'll deposit some bits into your account. Love to hear your thoughts. Thanks I see that most of the results are negative does it mean that the players have a very less chance to complete this game as I even see that the difficulty is easy but end up negative result again. And it will be good also if you will award a bounty if the player found a glitch/error in your game so many will be interested to play and report to you any glitch/error that they found. The tutorial is very simple and I will love to try your games maybe if I have free time in the following days so I can also check whether the chances of winning is probably fair enough for me to play it again and again. |
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Bitcoin halving combined with this bitcoin price halving will surely leads to greater rise in price
Less bitcoin earned by miners --> Price of bitcoin is less --> Miners refuse to sell at loss --> Lower seller means buy pressure is high --> Buy pressure is high means price is high
You are an advance thinker but as what I notice to the market, they have similarities but the didn't work like that at all because miners are doing their job to earn a profit and we cannot say whether they are going to hold or sell as they are free on what they are going to do to their earnings. And with regards to price increase it will come from demand usually, though you have a point that the price will increase if the seller will be less and the buyer will keep on coming. But these scenario can be easily altered by big whales as they control most of the supply but with regards to the upcoming halving I also believe that the bitcoin price will continue to increase until we hit the bitcoin halving. |
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With the retreat in the price of Bitcoin, this question started to come to my mind. I personally mostly like trading with ETH. I think both liquidity and mobility are faster. However, as a result of the price decrease experienced in the previous weeks, we have seen that the balances we tried to earn are rapidly melting against the USD.
I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.
Currently I am using BTC in my gambling as I didn't find any decent site that offers other type of currencies like eth,xrp and etc. that have a lower transaction fees. I am really looking for some decent gambling sites that offers those currencies so I can save to transaction fees upon depositing and withdrawing my money. Aside from that bitcoin also takes few minutes to be confirmed or worst it will take days if you use a very small transaction fee so I really love to use eth or xrp if there are other gambling websites that offers this kind of currencies. |
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Expedia, has formed perfect double bottom pattern in 1 day chart. One of the worst hit sectors because of corona. Things are only going to good from here. 85b $ worth of company, I am sure we will see a quick 50-100% growth in few months.
After corona, this stock will sky rocket for sure.
There is a big chance that the market will skyrocket once we can recover from this pandemic but we are not yet sure if when will be this pandemic to end. But right now if we are going to check the market condition, I agree that it is a the best opportunity to buy more and stock it until the market will recover again. Upon checking the market, most of the graph are slowly increasing which is a good sign that the growth can't be stop by any pandemic and if you are going to picture out what else if the pandemic will be finished then a quick growth will surely to happen. |
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After reading replies from some threads on this gambling discussion board, I see that many people have already delivered suggestions related to various problems of gamblers. Now, it depends on us to follow or ignore the suggestions. Or we can take a look at the suggestions that are suitable for our problems. Here are below:
1. You shouldn't spend much money because it will harm the family. (Limit your funds)
2. You must have good self-control, it is one of the keys to be successful in gambling.
3. You mustn't get loans, you will be trapped in debt at the end.
4. After you can win in a gambling game, you are better to stop (break for a while). Don't be greedy to push your luck!
5. Don't expect much to win in gambling, most of them are luck-based. Think rationally!
6. Don't spend all your time gambling, have enough time for family, friends, and society.
7. Etc
What do you think, guys? Are all the suggestions worthed to follow by all gamblers? Let's discuss it, you can give any feedback or opinions.
Please let me know if there are other good suggestions! I will add them to OP if I think it is a nice one. I really hope this will be helpful for us.
You really hit all the do's in gambling especially if you are only playing for fun. In my case this is what I am doing in order to avoid being addicted and losing too much but with regards to your number 4 suggestions, I always forget it as I always continue the game even if I win a good amount of money already especially if I still have time as I usually gamble for fun and as a past time. If we will just follow these, we will be a good gambler and we can avoid being addicted to it and what I really hate are those people who ask for loans just to gamble and those people who have no self control especially in limiting the money for gambling. |
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African giant Nigeria has set up it's first Bitcoin automated teller machine in the country, citizens of Nigeria are famous for bitcoin trading and investment and they are top in that aspect in Africa. Though this is not the first BTC ATM in the continent(Africa)as countries like South Africa, Kenya, Ghana Botswana, Uganda, Djibouti and Zimbabwe all have bitcoin ATM's in their countries. Many parts of Africa still remains underdeveloped, due to bad government, but bitcoin and cryptocurrencies can help alleviate the condition and state of things over there for the individuals taking the opportunity. A Bitcoin startup in Nigeria, Blockstale BTM, has installed the very first Bitcoin Automated Teller Machine in Nigeria.
According to the startup, the ATM was installed at Dazey Lounge and Bar in Lagos and the company is planning to install at least 30 BTC ATMs across the nation. Source of information: https://investorsking.com/blockstale-btm-installs-bitcoin-atm-in-nigeria/This kind of progress is very important to crypto community because the crypto users the same with investors will surely grow if they have the easiest way to cash out, cash in and convert their crypto money into fiat and vice versa. I also heard that our country is planning to launch a bitcoin ATM and I am hoping that it will come into reality someday so many users will become curious about crypto currencies. Congrats to Nigeria that they are very open to crypto currencies and I am sure users in Nigeria will be very happy to this announce as they can easily cash out their crypto earning. |
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Crypto will be the biggest thing to focus on from now on because Bitcoin is recovering an stock market is not, once many witnessed this they will finally understand what crypto is capable of, for all of you saying it's the end, well it's just the beginning
This is the big difference between crypto and stock market as stock market will continue to crumble if the economy will be in tight spot either because of pandemic or whatever reason. The crypto also goes down pretty bad and I am not so sure yet whether it is an effect of the pandemic also or not but even if it goes down pretty bad, still the crypto continue to goes forward compare to stock market that are still in the bad condition because of the outbreak. So I agree that we are just in the beginning as the halving is still incoming and we can see a good rally maybe in the following days if more and more investors will buy in order to prepare for the incoming halving. |
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Today many people stating that the bitcoin is rapidly falling because of the outbreak coronavirus, it is because they are limiting the transactions for over the world and stop trading for a while but they forgot the whales those are the people who can be responsible for this changes because they have the huge amount of coins holding from the previous analysis still there is a 42% of the coins still not circulating for over two years and this is a cause too why the market price of the cryptocurrency is not good enough again. If you can see the market price of the coin having changes and going up rapidly in just a single day and back to lower price this is because of the whales they are diving into the dip and grabbing the opportunity collect coins as many as they can because the halving will be coming in the next few months and expect that the market price of the coins will back to huge changes.
You have a point, if we cannot follow the flow of the market then we will be losers in the end. The halving is still upcoming but there are many holders that are selling their assets already because of the pandemic or the outbreak that we are currently facing right now. For small investors, this happening are pretty bad because the market falls pretty bad but for the big whales this is the best opportunity to buy more in lower price and dump it once the market will bounce back again. These kind of scenario is keep on happening base on what I experience because the market behave like this in order to for big whales to profit so it is better if we will just follow whatever the happenings in the market without thinking negative. |
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do you registerhow much you separate for gambling?
do you see it as an investment?
if yes, how do you track it?
simples spreadsheets, physical notebooks or maybe some different way?
Tracking your loses will only give you a headache but if you are going to use it as your basis to quit your gambling addiction someday then it is good to create a spreadsheet or any form that you are comfortable with. In my situation, one of the game that I play have the statistics that will give you the details on how much you have win/loss within a day,week,bi-monthly,monthly and yearly so I can say that I also saw how much money that I already loss to that game. I didn't consider it as my investment so I don't mind whether how much I loss in every time I gamble as I always put a limit when I gamble and when I hit my limit then I stop immediately. |
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 source(Not my picture, I was not able to take my own picture.)
My first time to travel abroad and my destination was in Macau, a great city to gamble.  Well, my first impression is that, they have the best architecture and great casinos, the "Studio City, Grand Lisboa, Parisian and the Venetian" to name a few was a great place to have fun and relax. But honestly, I was shock seeing a crowded casinos which literally make me think to play or not considering I go there during weekdays at the morning. Venetian is the most crowded casinos I've ever been, maybe because of their tourist spot and shopping store but the crowd is same on the inside of the casino.
I don't have much time to gamble, and I'm thinking if those gamblers is really there to have fun or to earn money after all? I can't just imagine to have fun at the huge crowd, and so many people around you at the poker table. Is it worth to play? or the crowd and the noise around you will just add to your stress? Will you play on a crowded casinos? or just play online? (VIP's might have the separate room and a more solemn room, I don't know but let's talk about the general here.  ) In my case, I love playing in land based casinos but with regards to this kind of situation I rather look for another casinos that are not too crowded as I hate crowded casinos. I like playing without lot's of disturbance and having this kind of customers, I cannot play well in this kind of situation. Though there are others that didn't care about the number of players or customers as long as they can play to whatever games they like but for me, I can't afford to play like this one that are very crowded. I love to visit Macau someday and play some games in their casinos but I am hoping that there will be places that are not too crowded to play. |
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At this moment,bitcoin and all other crypto currencies had a huge collapse due to the corona virus affect. This COVID-19 had a great impact on the market. But at this moment it is a great opportunity to earn and store your bitcoin because after several months the crypto market will rise again and with the increase of Bitcoin market price,your stored crypto will be increased and you will have a huge amount of profit. Besides that,we all should pray for the current situation of the world and hope it will be over soon.
Your idea is great but for some wise investors they are doing something whatever the market situation is like they cut their loss and wait for the price to fall down and buy again but this will not apply to the newbies as they will not be able to get the right timing of buying and selling. So your idea is great for those newbies, just hold their investment whatever the market situation is because the market will surely to bounce back again even if it will goes down that deep. Because of the pandemic the market collapse pretty bad but as of this moment the market is starting to climb up again and this is the scenario that you are talking with to hold it until the market recovers then wait for your profit before you will sell your assets. |
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At this thread https://bitcointalk.org/index.php?topic=5235688.0 the OP assume (no evidence provided) that 90% of bounty campaigns are scam. Most of comments agree with OP but there are still against opinions. Why we don't create a statistical table of bounty campaigns run on Bitcointalk to see the truth? Honestly I'm not good at mathematical statistics and don't know how to start with it, but some of you can do that. Guess that you will have free time to do that when you stay at home because of the virus ( i don't want to talk about it anymore). A table like that will stop the debate and maybe we will have some solutions for bounty campaigns, such as if a bounty manager had 90% of his campaigns scam, we put negative trust on him and call people don't join his campaign. not work. Your idea will work if everyone are willing to cooperate especially the tool creator who can create the said tool, the forum moderators, the project owners, the bounty hunters and the investors. They are the most important individuals in every project but this is not a simple job and not easy to get approve because if it will be simple then there is already a tool or a thread that will purely guide all the bounty participants on what to join and on what to avoid. There are projects that became successful but in the end they end up scamming the money of the investors the same with the bounty participants so if we really want to report or take out those scammers we need to unite and do something that cannot be penetrated by the scammers. |
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