https://cryptoinfowatch.com/fresh-contention-about-which-network-inherits-bitcoin-cash-moniker/ There is the worst fork I have yet witnessed. Not just in terms of effect on the coin market, but the main players exhibited the sort of greed not yet seen in the industry. The DAO fork is nothing compared to this. It is obvious that people are now mainly in the decentralized network to become super rich, not that they care what they can offer the society. Satoshi will continue to be a model of good conscience. I'm glad a few persons like Charlie Lee and Buterin are towing that path of selflessness, but all the other... Absolutely yes! I totally agree to your opinion. The reason for the forks are purely greed and nothing else. No one is going to share the same vision of Satoshi nor will try to maintain that. The worst example is the Bitcoin form which created a shitcoin like BCH. Since ver succeeded to earn few billions from bitcoin fork, he is now trying to repeat this successful business model. |
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I always prefer to listen to my own and decide based on my own research and intuition. John McAfee has become the prominent name in mainly ICO market and he is not an active advisor for any other mainstream cryptos. I initially used to follow John's tweets for making ICO investment decision but the moment it was established that he is being paid for his tweets, I stopped looking at it, because they are clearly biased and can lead to a serious confusion. |
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because......
any choice in every bodies’ life is actually a gambling…
choose a wise husband from a bunch of boys is a gambling
choose a school to study is a gambling
choose a boss to work with is a gambling
so, gambling is addictive…
no one can escape...
Lol!! These are called informed gambling and not based on pure luck! It involves a lot of information research before we actually take a decision on choosing a husband and wife or school or a boss! The gambling is based on pure luck in majority of the cases. So the examples you've cited here, doesn't really hold its ground. |
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Till the time Modi government rules the country, India will loose on many things. Because an orthodox and backward thinking government is as good as no government. The economy of india is already suffering big time for demonetization and I see no sign of rebound just as yet. So I simply don't expect that Modi government will ever legalize bitcoin or any other cryptos. Otherwise they wouldn't have stopped banking facility for crypto related companies. God save my country!
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The story is from about almost 5 years ago but this is 100% relevant to 2018 or 2019 or many years to come, you can read it here: https://www.reddit.com/r/IAmA/comments/1ch7wb/starting_with_almost_nothing_i_made_almost_500000/In short version, he gambled on Bitcoin, made $500,000 - and lost it all later on, he then continued to gamble in Roulette and other games, and ended up with $50,000 in debt. By the way, This is not only related to Bitcoin or Casino Games - if you think Sports betting is different think twice after reading this:https://www.psychforums.com/gambling-addiction/topic182379.htmlThis person lost over $300,000 within 48 hours, all because of sports betting, he had bets on tennis, basketball, soccer - you name it. And there are many more stories to read such as this: https://www.reddit.com/r/problemgambling/comments/4pzgmu/i_just_lost_140000_in_5_minutes/Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.
It's a classic case of a human emotion called GREED. The moral of the story is incomplete as you've only talked about the casinos. Gambling and casino is a form of a business similar to other businesses of the world. So they will have to make profit to keep themselves sustainable. And the profits they make, comes from their players pocket. Look at the below points, 1. Gambling is not a method of making money 2. Gambling is a way of entertainment 3. Gambling is a business for its owner so they have to be profitable Now if a person keeps playing even after winning such a huge sum, it's his bad decision. It's his greed which made him liable for his greed. Blatantly blaming gambling for every bad thing, is not correct! |
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Hi there.
I need your help..
I am going to exchange BTC at casino.
I had a lot of talk with hotel officials.
They did not know bitcoin.
They ask how the exchange will help the hotel.
How is it best for me to talk to them?
I do not get a clear answer.
I hope you can help me.
The hotel casinos will have some regulatory burden due to which they will be unable to accept bitcoin and give you cash against it. If you really want to visit a casino, better use a platform like localbitcoins and exchange your bitcoins for cash first and then use that cash in the casino. That makes more sense instead of making them understand about bitcoin because it is really hard for a layman to quickly understand the facility and feature of a cryptocurrency! |
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NOTE : i Am programmer & Serious gambler, all the websites i listed are tested and used by me, which means i minimum deposited 1 BTC in each of them & had no issues with withdrawal . Which means you can trust them as i verified there team and owner trust. 1> primedice.comGame : DICE Trust: 100/100 Team : 94/100 Features : 78/100 Allow Invest : NO https://primedice.com/2> stake.comGame : DICE + OTHER CASINO GAMES ( around 10 ) Trust: 100/100 Team : 94/100 Features : 93/100 Allow Invest : NO https://stake.com/3> YOLODICEGame : DICE Trust: 97/100 Team : 98/100 Features : 98/100 Allow Invest : yes https://yolodice.com/There are other highly rated websites available in the market apart from the websites that you've mentioned here!! What about those?? Also please let us know how did you rated these websites as per the parameters mentioned by you. Like for an example, you've mentioned Yolodice's trust is 97 out of 100, why?? On what basis, you have given these ratings?? Please elaborate! |
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STRATEGIES TO INVEST IN A BEARISH MARKET
Cryptocurrency investment is one that is known with the ability to bring massive profits and returns. If properly analysis and risks are considered, an investment will always smile on every of his investments this has been difficult for investors as the cryptocurrency market has seen more than 70% price drop since december 2017 , thus the trend this year has been bearish. Its interesting to know that profits can be made in any market trends depending on your strategies and expertise.
Now what is a Bearish market ? This is simply when the people sell their holdings such that buyers are diminished at every time. When this is repeated , the tend is called bearish. The sellers are called Bears.
Below are the Strategies to apply in a bearish Market.
1.Set Up Stop loss and Watch them closely : Stop-Loses and Targets are two of the most basic instruments that each and every cryptocurrency investor and trader needs to acquaint themselves with. Setting an order with a stop loss is fundamentally like an electrical switch which guarantees that once the price set achieves a settled low point, a deal naturally happens. This guarantees that traders and investor don't make loss or bigger loss on their holdings. Its important to follow your trades after Setting a stop loss in case you will need to make advanced decision.
2.Follow News :
It is basic for every cryptocurrency trader and investor to always follow the news especially for the sake of the cryptocurrencies they have invested in. Its good to follow steadily and closely through all social medias, Google News Alerts , RSS channels, and many more. This will help you to be updated with prices , latest development about the project and cryptocurrency community at large.
3.Understand the market trends and graph :
Traders and investors need to keenly observe and study the market trend and graph. In the past eight months, there has been slow and constant downfall with some little little uptrend in between the falls. Those that quickly observed this early would have known how to handle trade, investment and what more to expect as things unfold. So its necessary to compare past and present record to determine what might happen next and steps to take. This has proven to show high accuracy rate.
I hope this information helps everyone to be a better trader, investor and make more profits.
Thanks
These are the methods of general trading and not particularly for bearish market! For bearish market, the strategy is to take a short position if you don't want to ride small price changes! Otherwise, we all follow news, we all try to understand graphs and charts and majority of us set up a stop loss during our daily trading activities! This are general practices only! But if you want to ride the declining market and trend, shorting an asset is your best bet! |
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Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers? When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now? Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/I can't deny the fact that people are selling out of panic because the time is hard and unpredictable! The way way bitcoin price came down to the current level from 6500 level, is indeed a trigger for the panic! So who have just invested in bitcoin to make good amount of profits, they will sell their positions and take whatever profits they can! I usually don't consider them as a supporter of cryptos. They are just investors and joined the market just to make money! I accumulated majority of my holdings when the price was at $450, so I am still in huge profit! I'm sure that I'm not going to panic sell, at least not at this moment for sure! |
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The solutions KPMG has given are well envisaged. They have spoken about the holistic adoption of crypto assets by different segments of the market. Only institutionalization is not going to bring a big impact but it will certainly give us a solid step to move forward.
As per my experience in cryptos, I can briefly talk about the factors that can create a big impact in crypto market. The chronology can be similar to the below steps,
1. Regulation and legal framework
2. Holistic adoption by institutions and market participants
3. Adoption by small merchants supported by fintech companies
4. Social awareness campaign
5. Government's push towards innovation relates to blockchain and crypto
I can write a full sized article on this steps but these are the basic structure that can bring a good impact on the market and for the future of cryptos.
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A very well written article with valid arguments and reasons. Indeed a good read! The process it has described, is very simple.
Banks and brokers have accumulated a lot of bitcoins from their OTC market deals. Now they have bought future contracts with negative outlook and started selling the accumulated bitcoins to crash the market. Simple and effective strategy to make tons of cash!
However, I doubt any regulated banking institutions can do this legally! Shady OTC deals are happening for a long time so can't comment on that! But to bring down the price at this scale, the OTC volume needs to be enormous!
The scenario as described in the article is definitely possible and the way it was written, is very convencing as well. Just thinking about the volume we will require to do such kind of manipulation. Any idea?
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India has already shown its stance regarding cryptos and it is negative. Otherwise they wouldn't have banned banking services for cryptos. They would have maintained a neutral stance if they were unsure.
What D-Day you are talking about??
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Hey, Where to get 1-5 BTC gambling to start bonus without a deposit? Any good places? I know that must be played, but no deposit Purpose of use is well being know.  -Own mining farm!  I have a simple solution for your question. Go to google and search for "scam gambling websites". You will get a good long list of such websites and you will see that majority of such websites offers 500 - 1000 usd no deposit bonus. Create an account and play with them! Proper and legal Casinos and gambling websites are not stupid to offer such bonus to the public. Even if some website offers such exorbitant amount as bonus, this is for promotion. The lowest withdrawal limit is set at double of the bonus! |
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Indeed it's a great news! But there are reasons for Singapore to create a regulatory framework for cryptos and accept it within their economy!
Being one of the smallest countries in the world, Singapore doesn't have land to create manufacturing industries. These kind of industries are the main recruiter for the masses. Without the presence of such heavy industries in Singapore, they always have to rely on financials industries based on innovation which can ensure a steady cashflow to their citizens!
Crypto industry is fulfilling this exact gap. Being a new technology related to finance, cryptos have enormous potential to grow a business around it. Singapore wants to encash themselves exactly in this point.
I hope other countries will soon understand the potential and start adopting cryptos within their economy! But looking at the current situation, the effort may see a slowdown for next few months!
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This is again a part of spreading FUD. Until some actual news comes up you can relay on mainstream media.
They always have been providing wrong info, its nothing new.
I don't think it's a FUD. The OP has used the word "may" in the statement and the news also says the same! Nothing has been decided yet on cryptos but it is true that India has stopped the banks to provide services to crypto companies! A court case in this matter is still ongoing. This is because the governemnt is negative about cryptos in India. I won't be surprised if indian government may decide to impose a blanket ban on cryptos. It may be imminent or may be delayed. Even though such kind of bank is very hard to achieve, but it will discourage a lot of Indians from entering into crypto market. |
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Looking at the events since last one week between Ver and Wright, just adding up to my belief that today's incident is completely pre-plotted. Ver and Wright had plotted this situations long back and Wright declaring himself as Satoshi, is part of the game plan! Also Sharkpool's attack on the network raises a lot of eyebrows as they rose into prominence.
Probably a high level enquiry would reveal a lot of inside story but I honestly think that, it is not going to stay for a long time! It's about time and the market will rebound to its previous position shortly! Until then, we have to take some beatings!!
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Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.
I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.
That's a bad thing happening! It seems like a very old plotted game by Ver himself in effort to bring down bitcoin. I don't see any reasonable background for such fight and made me believe that it is a plotted scenario and Wright is well involved with Ver to bring down bitcoin. No Clue, absolutely! Swiss has actually approved an ETP (exchange traded product) and not ETF even though the structure is almost same for both. The best part about the ETP is that it is a physical one. The fund managers are going to buy physical coins from the market. But they are not only based on bitcoin. They have other coins like Ripple, BCH, Litecoin among others. That can be a game changer for us! |
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A simple hyip website in the disguise of farm game controlled by a smart contract! This kind of hybrid hyip games we are seeing in the market more often nowadays!
Dear Members,
Do you think this kind of investment - return games can be allowed in here??
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So today we are in bear market with a huge disbelief
Bitcoin is now going through hard times with stupid hash wars, global critics, you can't buy many things with BTC, I mean you can't live spending only BTC, at least in most countries. Transactions are slow, fees are big. We all know this, however we have Elon Musk, N. Nassim Taleb(visited blockchain conference today - https://www.youtube.com/watch?v=Da0aXfshlxM&t=1144s) talking on Bitcoin. I actually don't know if anybody else talked about BTC from realistic point of view. I mean people who is not connected to this crypto-world. Do you know anyone? I mean these mr. W. Buffet quotes are hilarious. So today everyone knows how to short, many people still in the game but not expecting too much from this. So we can say that it is probably a new period to gain new hype and adoption cycle. I believe next hype cycle will take place when halvening and lighting happens. What are your thoughts on current situation, and how do you see bitcoin or any other crypto being adopted as a paying instrument for anything being such a volatile asset?
Yrgxlrm rh fmhglkkzyov, low hklgh. Global critics will always be there! Even if bitcoin someday goes up to $25k, we will have some critics saying that "bitcoin will not die well"! So firstly we need to ignore such critics from our life and thinking process so that negativity doesn't affect us! The hash war is temporary and will eventually stop to pave the way for further growth! LN will definitely help to solve the scaling issue once and for all. However, the adoption will remain a big challenge even in 2019. Banking industry is the one who is opposing the adoption of cryptos big time and due to their strong lobby, it is very hard for the policy makers to draft anything positive for cryptos! However, sun rises after a long cold night! We are just passed the first hour probably and we still have a long way to go! |
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Many often talk about the Whales in this forum, but they remain hidden and unknown despite ruling the currency trend(and profit from it). So I decided to make a thread where we list some of their identities and activities. According to bloomberg, end 2017 https://www.bloomberg.com/news/articles/2017-12-08/the-bitcoin-whales-1-000-people-who-own-40-percent-of-the-market1000 people own more than 40% of the market Assuming the percentage is still correct with the current bitcoin(almost 17,400,000 BTC according to https://www.blockchain.com/charts/total-bitcoins) They own alone 6,960,000 BTC an equivalent in USD of $38,224,320,000 at the current price of $5.492 per BTC Which is almost equivalent to the net balance of goods and earnings of Russia in 2017 The question comes automatically, do you know any whale? Are they on this forum too? How did they became rich? I suspect that behind some of those giving signals there are actual whales but is mere speculation I encourage you to read the below post of Chainanalysis, https://blog.chainalysis.com/reports/bitcoin-whales-octEven though it doesn't talk about the identities of any whales, but it surely proves that whales are not the group of people who controls the market pricing, even after controlling almost 40% of the market! |
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