Coinbase and blockchain aren't gambling site. You can't say it would be same from a site to other site
Yeah I know they're not. But it's the same concept. Reward users who are willing to verify, but don't punish those who can't or choose not to verify. If you want another gambling site that also does this, I believe crypto-games allows anyone to play without verification BUT if you KYC you get like no speed limits and 2 free levels. Cool like Stake:) |
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Looking back Bitcoin is almost too simple to actually use. It is just a Token, like the kind with Cookies almost, the Kerberos Tokens, etc. Tokens already exist, just more like a Video Games Token, but with no video game. The Blockchain is a great Novelty, the unhackable, no "Oops the bank created Capital that didn't exist", or any of that. Nodes all over the world hold it open, mining moving it forward.
But that goes to, a Wallet. Which was very new and Novel in 2012, but now it is kind of old news. And now, with ETH or Graphene, etc. There is no reason to Clone BTC, except for the purposes of educating a person who is new to Genesis Blocks. Or to have a simple Currency with not much to worry about as far as other people adding to it.
Bitcoin has Counterparty and and there was MasterCoin, but the name Master Coin was offensive and I never looked into it until it was already over.
But Bitcoin is like $50,000 right now, lol
It's not just a great novelty my friend. It's secure. Trustless. That's an actual real world use case that people have been seeing every day. Many use it on a daily basis, for me I earn, I use, and I save. And I know it won't be taken away from me. Defi is literally just farming and staking to earn more and sell. That's REALLY all there is to it:) |
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They are ! It's the core business of Coinbase, Square owns several million in BTC, and Cash App allows the user to buy BTC. Let's imagine if a day cryptocurrencies are totally banned Coinbase will be shut down and the other will lose millions in capital and millions in revenue income. Yes they have a financial interest, but you do have too, like many others, otherwise, you wouldn't hodl bitcoins and probably wouldn't be here. Yes but they literally have their lifesavings of investors, their business loans at risk, as well as their career reputations. Unlike many people like me, we only invest what we can lose. So we do hope for a good future but we feel no need to go in and make things happen because we have I guess, belief and utility. These guys are worried because they're gambling more than what they can afford to lose:) My humble opinion. |
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I pick Enjin. But it gained again. I missed the shot yesterday for a cheaper deal.
From 2.14 to 2.94. Selling is not an option right now. Adding more is the best decision and will harvest after a year or two.
NFT's are attracting a lot of investors and would be best to just ride it.
Who knows when it will explode after more buyers will be enlightened and decided to take a shot at investing with NFT.
Agree here in the end, if you're into riding hype trains (which unfortunately I'm not any more because I got burned plenty of times in the past). I think this defi rally may last longer than most of us think, including me. I'm only just looking at the way many are made now and many need to be staked many months just to earn a decent profit. Perhaps this is dump resistance? |
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First of all, congrts on the 70x profit and it seems like you're hodling a lot of bnb for TKO IEO. BTW, i only get a small amount of TKO because of hodling less BNB for the IEO, but happy to cashout on 40x and it's great to see that Binance IEOs are doing great like IDOs. Also, TokoCrypto exchange might become the best exchange in Indonesia.
Indeed, TKO surpassed everyone's expectation as both SFP and TKO is parntered with binance and did the IEO on binance launchpad. That's why everyone get so much hyped up and investors get huge returns. Hopefully, upcoming projects will give same ROI like both of SFP and TKO.
I guess a lot of Indonesians will probably have also bought the coin just because of the name (same as Nagacoin got a lot of money from Asians even though NAGA had nothing to do with dragon haha). Anyway all I can say now is good for Asians even though I'm still very wary about exchanges like Toko! Good luck to you all. |
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Coinbase and BNB huh. I would not buy Coinbase even if I was a speculator just because I actually probably can't (location problem). But BNB my god, at the rate it is at now, it would only make sense to buy it if you believed the rally isn't over and BNB can touch $1000. Because when the winter comes for crypto, BNB would be the first to lose 80% easily.
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I understand that we have to experience panic for ourselves, from this panic experience we can learn a lot. As you said, we better panic at
the beginning than panic later, but the problem is most people when Bitcoin is not deep in correction, they will not panic, and when the price
drops far enough he usually starts to panic and sell his Bitcoin. That is what ultimately caused many people to experience large losses, this can
be overcome by placing stop-losses, in order to prevent panic selling from happening.
That's not a problem. Panicking at a point when you don't lose too much doesn't really make you learn any lessons. But if they constantly let go at small losses many times, the losses can really add up. Then the experience tells them they should have held on anyway. I personally think no one except the luckiest few will ever go through trading life without a painful loss or a painful series of losses. Either way, it serves the purpose. Now let's all just hodl and wait eh? |
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I believe that will definitely happen. I mean not happen in a sense. We reached above 20k already and I believe we are not going to see under 20k ever again like the previous ones. Whenever we end up doing will be result of that price point.
So, if we have a crash, even at a 50%+ crash we are talking about 30k right now, and that means if we drop even more we should be going under 20k but that seems like a challenge if you ask me. This is why I believe we are going to see some drop eventually, maybe in a month, maybe in a year, I don't know when but we will see a drop and in order for it to go under 20k that has to be a HUUUUUGE drop. I can't really guarantee anything because I do not want to confuse anyone, but the reality is that we are talking about something that would be very difficult to happen. This is why making decisions based on that fact makes things easier for me.
Yeah what I said, that I don't think it will happen (price go back down below previous ATH after making new one). But if it does, it will create a big reaction among many people. Weak hands are always something of a bad effect on markets but if the strong hands turn into weak hands, then we'll see a bloodbath never seen before. |
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Ah Villareal somehow found their way to win with the slim away goal advantage against a club that is actually having such an impressive home record this season. That should give them a super boost in La Liga, but I suspect also this means their performance might take a dip IF they manage to go to semis with the next leg's result.
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Yep. I think I am with Swordsoffreedom. The semifinalists look like it's decided EXCEPT PSG/Bayern.
Liverpool may win but not 2-0 or 3-0. Real will score away goals.
Porto cannot win the most they can expect is a draw.
City will hammer Dortmund as Haaland can't get past superior teams.
Just up to Bayern if they can win 2 or more.
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I think the guys in stake.com choose the right way and made the identity check procedure attractive, not enforced. I have noticed that those who pass an identity check get twice the prize if the user participates in a competition.
I 100% agree with this. Never make verification mandatory and never make users pay the price for choosing to protect their privacy. BUT reward those who want to give out their identities. Coinbase did the same initially before it became mandatory, and Blockchain.com did the same. I think in terms of casino, this is a good incentive if people really don't mind. |
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OP, thanks again for the responses.
Well, they can call Bitcoin whatever they want, and yes the whitepaper of Bitcoin only says p2p cash but let's all be honest and admit it's the only one truly actually decentralizing finance. I am not a defi hater of course not but I think defi now is only for rich people (who can stake a lot of money and afford high gas fees) and not helping the unfinanced as it was supposed to. It really needs to fix that for it to work:)
This is why I think Binance smart chain based Defi is now in far better shape. Pool/swap based platforms should always have lower fees to handle high volume. I suggest you to look into projects like Pancakeswap, burgerswap, bake etc. All of them have feels in cents literally. Yes, for now. But we all know it's just a temporary attractiveness. Remember when people complained about Bitcoin and started to move to cheaper chains like even BCH (Bitcoin Cash?). That really didn't last long at all and now BCH is going absolutely nowhere. I do have looks at pancake and all that but seriously, where's the actual real value? |
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Just a reminder that we already had Coin Center[1] for this same purpose, and they've existed for a good while now(2014ish if I remember correctly). But I guess this new CCI group has bigger names and companies so.. the more the merrier?
[1] https://www.coincenter.org/Never heard of them but in Asia and in China even we have many more organizations like that, to try and lobby the governments at local level earlier for such things. It sort of works I guess if you read the news they get coverage and attend conferences (this was before Covid) but in the end legislations seem to ignore all they said and gone ahead anyway with what the government deems is right. |
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Everyone has experienced panic, and that's a natural thing that happens to all investors. So if we panic and make mistakes are common things
that are sure to happen to anyone, even large investors have experienced it. The most important thing is that we learn from every mistake that
makes us panic, so that in the future we can control ourselves so as not to panic. As you said, sometimes we do have to panic when investing or
trading. In order to understand how to solve it.
I was talking about the need to experience it yourself, otherwise you never learn it. And no amount of teaching and reading about other people's mistakes and panicking can change that for you. So it's probably better to experience it sooner and now, rather than later on when there could be a lot more to lose. Panicking now and selling at 50k? Better than panicking later and selling at 30k instead of using it as a dip opportunity;) |
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I really highly doubt that we're going to see 4 digit BTC again.
People now fully appreciate that BTC indeed operate in 4 year cycles - whereby the peaks at halvings almost always outdoes the last halving, and there is a period of relative calm in between the bull markets.
With the market a lot more mature and institutional bagholders rolling in, I wouldn't be surprised if this "bear market" turns out to be just extremely small blip in the bigger long term picture. Keep DCA'ing now, don't try to wait for the bearish sentiment as it may never come.
Me too. It also probably has never happened that Bitcoin makes a new ATH and then drops below the previous ATH (Like in the last rally, it went to 20k and never went below 2014's 1400). If this were to happen to Bitcoin now it would be a new experience and might cause worry to a lot of people, even long-term holders. And it would be a huge crisis only that could cause it I think. |
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Which means that if Barca get at least a draw against Real Madrid, Barca will be top of the table... which will put all sorts of pressure onto Atletico ahead of their game.
Indeed! Things look up just so quickly in football, but equally they can all turn to dust in just a few games. 2 or 3 games can put a gulf of distance, not to mention that we'll be meeting Atletico still next month where we can just destroy any gap or any neck to neck distance. Life in football is so stressful:) Overall Barca improved a lot and might be able to win against Real Madrid but honestly Real did quite a good job vs Liverpool in CL while Barca struggled against Valladolid. Until now I think RM gonna win although I prefer to see a draw  Well, it will all become obvious when we meet and play. I'm really hoping Real will get distracted by their second leg. Wish Liverpool had at least drawn so they would be forced to rest or think about it but now they have a 2 goal cushion and can afford to play full strength against us. But I guess it doesn't matter in the end. We just have to do our job and win! |
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The next question now is will BNB reach $500?
I guess BNB is starting to become a threat on ETH because it's pumping fast while ETH is already stagnant at $2k although it already pumped hard in this bull run. BNB keep rising and we know how smart CZ is, maybe he still has this big surprises that he will announce soon which would make BNB to be more bullish and reach that price.
Key word is pumping and it's pumping fast. Binance pouring in a lot of investment here. I wouldn't say ETH is stagnant though, this is still the ATH and I believe it's a lot better to stay near ATH for longer periods, just like Bitcoin, to prove that the rally isn't over and they both can sustain their new highs. Consolidating is what I feel is happening. |
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$20 for crypto art that looks ten times worse than what you can get for free and in HD online:) Most people would never even pay $20 for premium membership at these free adult sites and yet they would lump a lot more at NFTs which are poor copies of this. I guess the world is full of surprises in crypto:)
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Yeah and now even Bloomberg is saying $400k is possible this year. Not very common to see a traditional company going bigger than crypto companies like Gemini (who said that $150k IIRC)!
I don't think 400k will happen when it's already April now and 100k itself will be such a huge psychological milestone that will get a lot of people to sell instead of buying more.
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I have the same thought. Let's not expect much, for there are still others who are thinking like it's a garbage coin. Elon Musk had been the only one who pumped it real hard. He may have his own purpose with that action but we can always just ride that wave for profit. Doge is not a long-term investment, IMO. Just take what you can and buy it back when it's cheap. It's also enjoyable to play with it in trading.  A non-stop movement of few satoshis every second. Up 5% today but yes, it's never a long-term investment I would say, even if it has actually been one of my strongest performers among all my entire starting portfolio! I can't use it a lot except in casinos, can't buy anything for it and can mainly save it but it's not even popular for Defi, so I really can't see much point in it beyond a useful alt in case you want to exchange for something. |
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