From the reviews you make of course it is very interesting to play blockchain games but the problem is we have to spend a lot of time to stay in it, and this will certainly be a problem for each individual to increase the revenue of the game, although we have a high probability to be able to get maximum results but we also consider the time we have spent ,but we all have different missions in getting results in the crypto world.
Yes, usually these games require a lot of time to progress with efficiency and to get good items which will price an interesting value futurely. Also, it's important to stick only with the promising games, because there are many of them and it's sure only few will remain profitable. In order to not waste time, someone willing to play blockchain games must study them carefully to find the best alternatives before start playing. Anyway I believe these games have a bright future, and like bitcoin, nobody should waste the opportunity of joining at least one of them. |
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I just want to share my experience, I have a relative who come to me and ask advise on what coins to invest now, I don't name a coin and I said he must do his research but he insist that I know, he want to invest immediately.
I know he is into FOMO because he seems so aggressive and like to get instant return.
He told me that since I'm a veteran, he would like to ask some advise on what coins will pump in the coming days so he can invest on it.
I don't see any issue at all if he insists on asking what coin to invest, then give him the top 5 coins on the market to invest, because these are the coins that are guaranteed to make the most profit, and there's always liquidity, he can always sell his coins if he decides to sell it and invest on other coins or from other reasons, there are trap on FOMO make him understand the many risks of investing in the Cryptocurrency market. It is generally recommended to not give out financial advice, since you cannot be exactly sure on the outcome of your investment. Mentioning five coins isn't ideal either. There are more than a few examples of coins that have crashed and are yet to recover where they used to be (See XRP). I don't know if it's just me, but I prefer not to provide anyone with such information, I've had incidents of being whined about Bitcoin or Litecoin in market dumps. I can't be responsible for their own moves, not my fault if you buy in ATH and then proceed to panic sell, but I don't want to get bothered or whined when something happens. I understand you and I also prefer to not give financial advise to prevent issues with the person later if the investment turns negative. But since the person is insisting too much I would let it very clear that the profit isn't guaranteed, especially on short run and he would have to be responsible about the amount to be invested and for any consequences of this investment. Furthermore, to prevent even more problems later it would be better to tell him, as a newbie, to invest in bitcoin and ethereum only, as these are the most trustful currencies in this market. |
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There always be povery in countries with low development. And thats their own problem if they do not want to fix anything
I don't think it is only the fault of the country if they are low devleoped and in a poor condition. There are a lot of external factors which can make a country and their people wealthy or poor. For example, does the country have a lot of natural resources that could be exported and sold? Or how is the average climate in that country? If half of the land in the country is desert or frozen than it will be very hard for the people to make a decent profit. Some of us unfortunate people live in very harsh conditions. If the country is developed and rich it's about technology adoption and not climate conditions, at least nowadays. Climate conditions can't be an excuse for poverty and precariousness. Look Israel for example: their spot isn't a very good one from natural conditions perspective, still they are a rich country which export technology to other countries. All countries have conditions to develop or adopt technology in order to help their citizens leave poverty, the point is that not all governments have this as main goal. |
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It's a marketing strategy, streamers are one of the best ways to promote games, casinos, etc. Since they have a lot of supporters and they can be a good influence on their viewers. However, I think they should be responsible for accepting such offers and never promoting bogus websites or platforms.
Due to high competition of casino businesses today getting or hiring for a streamers was the best marketing strategy that they can do to attract gamers and gamblers. Aside from the good reviews that they have in their online sites, a plus or additional attraction to gamblers the live streaming of the streamers. Well of course those streamers have already a supporter/s that believes in them, in short they can bring their viewers and supporters to also try the casino they are promoting. I have no problem if the casino pays a certain amount of money to YouTubers or streamers as a form of their promotion. But sometimes the fact is, there are a lot of influencers who over-promote their promotions. And novice gamblers are lured and caught up with huge losses. For example, my friend in the past, he was trapped in a marketing strategy of this kind and thought his money could easily be doubled, but he didn't have any leftover money. It is very sad but it becomes a personal risk because playing gambling is an option that is not compelled by anyone. That is why it's very important to read and understand correctly all the terms and conditions of such promotions before depositing your money and applying to them. Many of these offers aren't easy as they look at first glance. Usually they force the gambler to risk a lot of money in order to receive an interesting reward. Even if a streamer is spreading a promotion in a very positive way, spectators shouldn't listen to him only, because he might hide some important rules of the competition. Keep in mind streamers are just artists, like media's celebrities. They don't have any commitment to you, your money and welfare. |
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I believed the central Bank top officials don't really have an in-depth knowledge of how cryptocurrencies operates and took a hasty decision by banning it, they later realised that that had goofed having researched about it and later the Nigerian vice president later made a positive comment about cryptocurrencies on how it potentials can be harnessed which made the central bank to be retraced their earlierr statement.
It could be. It really seems they regret about the first decision of forbidding national banks to deal with crypto currency, but they are too proud to admit it was a mistake. Maybe just now they start realizing how profitable can be for the country and for the government to adopt a more friendly stance regards bitcoin in Nigeria. |
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Fate is like destiny, it is inevitable to happen whatever you do. Unlike in gambling, when you lose control during losses and try to recover it then you will end up with more loss. Meanwhile when winning if you lose control, the house will get it back if you will get greedy. Fate has only one inevitable result while luck is either 50/50 of good or bad so I don't really relate fate in gambling. People often justify that it is their fate to lose in gambling to lessen the pain.
Actually, in games based 100% on luck almost everyone is destined to lose then, because you can't defeat the house on long run with less winning chances than the casino. Since the gambler has 2% or 1,5% less winning chances than the house, the long run loss is inevitable. Very few players are able to overcome the natural *fate* of gamblers by hitting the jackpot on short run, but these are very few exceptions. If there's no way to defeat the house edge then we are really destined to lose and just relying on our luck? I think its not often the case. Well in dice I believe its more on luck. Based on my experience, regardless of what strategy I use, the outcome will only rely on how lucky you are on that particular moment. But there are games wherein knowledge and strategy are necessary to win just like in sports betting. In dice you can beat the house, but on short run, with high multiplier (small winning chance per bet, but with huge prize). However, even playing smart, most gamblers will still lose, because most of them will take too long to hit the prize, spending more money towards the goal than the desired prize itself. Another option is to play less bets as possible, but betting high. In sports generally, as you said, there are attributes besides luck which make the difference, but still most gamblers lose on long run.  After all, the winners and casino's profit has to come from somewhere. |
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Very good. I think university is the right place to discuss bitcoin, because that is a place where people are going to learn, discover new things. Students and professors are open minded about innovations such as bitcoin. But in another trivial places I'm fearful about spreading words of adoption because not everyone is opened to this idea and some people can understand it in a wrong way, as they were going to become rich overnight. Consequently if something goes bad with their investments, they will blame me for telling them about bitcoin.
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Fate is like destiny, it is inevitable to happen whatever you do. Unlike in gambling, when you lose control during losses and try to recover it then you will end up with more loss. Meanwhile when winning if you lose control, the house will get it back if you will get greedy. Fate has only one inevitable result while luck is either 50/50 of good or bad so I don't really relate fate in gambling. People often justify that it is their fate to lose in gambling to lessen the pain.
Actually, in games based 100% on luck almost everyone is destined to lose then, because you can't defeat the house on long run with less winning chances than the casino. Since the gambler has 2% or 1,5% less winning chances than the house, the long run loss is inevitable. Very few players are able to overcome the natural *fate* of gamblers by hitting the jackpot on short run, but these are very few exceptions. |
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Politics my friend, the art of trickery and deceitfulness... It's like the government confiscated all the bicycles of the country and suddenly they told you: well, we didn't forbid anyone from riding a bycicle, we just confiscated all of them...
It makes no sense, right? But there must be a hidden reason behind all this nonsense that will become very clear soon. So keep watching the next episodes.
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Lockdowns and increasement in coronavirus cases impact the traditional economy negatively. So wouldn't this be positive for bitcoin, as it is a way for people protect their money against a weak national currency? Furthermore as you said, US is going to raise taxes on citizens, what also incentives people to put their money in crypto currency.
So why would these facts affect bitcoin negatively if they have already affected btc positively previously?
Things never remain the same, mate. They change. Continuous lockdowns are not just affecting the economy but will also bring a lot higher inflation ratio than a common man is facing today. Do you believe that people will just "keep investing" in BTC and hodl till they die? Won't they sell when they'll see their needs becoming their depression? That's when BTC will experience the negative impact of pandemic. And yeah FYI, those taxes are possibly coming over crypto to hit it huge by attracting a bigger part of your profits into their treasuries. A weak national currency? $1 will be worth $1 because it IS a $1 bill but the value of BTC changes a lot, so whenever they'll feel that they need their so-called "weak currency" in paper, they'll have no choice but to sell their BTC. What else have they got? I understand everyone needs fiat to survive, as that is the only way to purchase basic goods needed in our daily life and to pay for services, but I don't think millionaires and billionaires are going to cashout their btc investments for this reason. They can just keep the minimum needed in fiat for daily expenses and move the rest to bitcoin, to protect it against inflation. I think that is what we have seen since last year. A lot higher inflation turns 1$ into a worthless amount of money. 1$ will be always worth 1$, but this 1$ is never going to be enough to buy tomorrow the same thing you bought today. On the other hand with bitcoin it's quite the opposite. So it makes no sense to hold large amounts of fiat, especially during this pandemic crisis with high inflation, unless investments in US are going to be very rentable against inflation(that was a reason pointed on the internet to justify why btc would become weaker now, as potential investors are interested in US economical scenario). |
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Bitcoin had been dancing a lot between $54k-$60k, and about the price, I think I'll undoubtedly say that we'll not be getting under $50k again soon because the network hashrate, total wallets, Bitcoin's hodling v/s selling, all have gone so far so high in number and whenever that happens, BTC sees spike in its value.
I believe I'll have to change my words here because I have seen the exact same pattern being built on the charts that we've seen during the 2017-18 crash period. I've also created a thread explaining why I believe that BTC could go back to under $45k after checking a few important facts that weren't drawn to my attention 2 days ago. I'm not overconfident with this but this scenario will definitely happen before we see a new ATH and I highly doubt BTC will get back to $62k again till next year because lockdowns have started and cases are increasing too, with a negative news from US is circulating that they'll be adding higher taxes to the books of their citizens who are currently taking advantage of the stimulus. So whenever it gets into implementation, I highly doubt BTC will remain stable here and believe me, if it won't, this correction will be one of the worst corrections ever witnessed. Lockdowns and increasement in coronavirus cases impact the traditional economy negatively. So wouldn't this be positive for bitcoin, as it is a way for people protect their money against a weak national currency? Furthermore as you said, US is going to raise taxes on citizens, what also incentives people to put their money in crypto currency. So why would these facts affect bitcoin negatively if they have already affected btc positively previously? |
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But at the same time it is so sad, 100 millions should be more than enough for you and several generations of your family even when living in extreme luxury, I do not know why those people do not get a financial adviser to help them, even if you invested in something that only gave 4% per year and you only withdrew 2% that is more than 2 million per year and even more importantly this will mean the money will last until you die and still have a lot of it for your children.
Sometimes, those people are confused to manage their money, especially for the win money, and they tend to buy the things that they do not need exactly. Maybe they really need a financial adviser to help them manage their money, but maybe they need to learn how to manage their money if they cannot get it. It will not be hard to do if they want to allocate the money to save money for their children. That will need more efforts to manage it, but that is worth it for them, as they will not want to see their win money will not last in the short term. Those winners need to recognize their limitations, there are two ways in which they can receive their prize money, the first is as a lump sum which is the most popular option but the other is to receive just a part of the prize every single year for a few decades, while this is not as attractive this by default will mean that you will be rich for decades without doing anything and yet those winners do not accept it and then go bankrupt or even kill themselves by living in luxury. I prefer to receive all of the prizes at one-time because I do not know if the casino will still operate or close in the near. If I can get all of the money, I can use it for something that can benefit me, and I am sure that money can cover all of my bills for some years. I will try to take care of the money and trying to enjoy the money with my family and always prevent something that I do not want. The key to enjoying the winning prize is how we can manage the money for our life, and we can try to allocate that money in the right place. Of course. Who would be fool to receive the money fractioned in parts yearly? This way the casino/lottery is actually making profit for themselves with the money which actually belongs to the jackpot winner. The best choice is to receive the whole prize at once and start investing a large part of it instantly in different ways, so the gambler won't suffer from financial difficulties never more in his life. |
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To grow crops efficiently we need to have access to affordable materials to build modern infrastructure. No one should rely in climatic perfect conditions to grow crops nowadays as we have the possibility of building greenhouses with hydroponics integrated. This way we are protected against drastic climate changes, parasites and animals which could damage the crops and due to hydroponics the crops are ready for harvest much faster than through traditional methods.
The issue is that the costs of building a system like this are too expensive because these materials must be imported. Furthermore it's a risky investment, as we don't know if there will be enough demand on the market.
And I don't think to create a token is going to help farmers to solve this issue, as we have already many coins disponible here with the same characteristics of a potential brand new created one.
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Well There are some who thinks that Satoshi might reach a Dollar each and if that happens meaning we are able to gain hundred folds from our Faucet income lol.
There are faucet that still gives 10 satoshi per hour , and that would be a great chance to accumulate now.
I remember 5 or 6 years ago the worse faucets paid 100 satoshis per claim (some without time limit) and there were really good ones paying 1000 or 2000 satoshis per claim every few hours at least. You could easily make 0,001 btc or 0,002 btc daily on those days, what would value right now about 55$ or 110$ dollars daily without any effort! But to have each satoshi pricing 1$ dollar, bitcoin would need to hit 100,000,000$. It's too much, however it could happen on long long run... |
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I think the same, at the moment it is not good to go out with only FUN tokens, on another platform you can do staking, Freebitco.in may have an idea that can benefit hodlers, many complain because it is not yet seen that it reaches a high price , but internally they can do many good things, previously it was simply to wait every hour to be able to hit the roll, also multiply them, the fact that they now have sports bets is because they have grown steadily, the tokens must have their good purpose. I also bought tokens, and for now I am seeing it as a long term investment, it may be very long term, it is the best strategy.
Yes, it doesn't matter if you are sure about that but i saw on coinmarketcap the trading volume decreased by 42% within 24 hours hope this isn't a bad signal And for Market Cap so far so good $399,279,178 for FUN today, this could increase if the freebitcoin team had a new promotion. I think volume increasing or decreasing shouldn't matter, people approach fun token like it is a coin you invest into, and that is what has been talked a million times here that a wrong approach to it for sure that people should not be looking into. Reality is that we are not after getting fun tokens and selling it when it is high, that is not the point, that is not what freebitco.in suggest you should do neither, they are giving you all the chance in the world to make as much money as you want from holding it. So assuming you got as much as possible, and hold it as long as possible, you are going to make more money from that than the money you spent on fun token, at that point why would it matter if fun token worths zero and you can't withdraw it, you are already profiting more than you invested, so the point is to buy and hold fun tokens as much as you can. I understand that when the token is monitored, it is logical that when the volume of capitalization decreases an alarm is generated, what happens is that with the token it can be taken into account just like when BTC came out for the first time, there was a very large community of enthusiasts where they only sought the development of technology, some because they associated their feelings and they liked it more, they did not care that it could become a speculative instrument, one of the greatest of all time, some even prefer it more than gold, And there are still that type of enthusiasts, in the same way I think about the fun tokens of freebitco.in, maybe right now it will not be seen that it will rise like other projects, but we are still in a stage of the market where the Altcoins season has not started. Therefore, if we have a thought on the investor side, we have to take into account that we can wait as long as necessary to obtain benefits (in the speculative market) if we see it in benefits within the platform, it can be many. depending on what you decide to add on freebitcoi.in As the full potential benefits of FUN token are achieved by holding them for at least one year, I think it's pretty normal the trading volume is going to decrease, especially after the diminishment of the trend caused by Freebitco.in's announcement which lead the purchases of FUN. To keep the trading volume stable, there must be always new investors acquiring FUN for holding purposes, what is very hard to happen. Anyway the most important is what you said previously: it is a long term investment, and once the time comes investors will be rewarded, doesn't matter the trading volume. |
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In past times when there wasn't crypto currency, the lone bettor possibility didn't exist for many gamblers. Without crypto gambling sites we had to compete with other people in real life, betting in sports results through fiat currency. But now I don't see this necessity anymore. A gambler can play from anywhere, alone, since he has an internet connection and with the advantage of having more balanced odds regard sports betting.
On the other hand, if I had some good friends who enjoyed gambling maybe I would change my mind.
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It is unbelievable that governments insist on restricting gambling and the argument is always the same: "people can become addicted, people will spend everything they have and they will not win anything ..." but governments do not limit beers which are things that harm many people (the number of car accidents keeps increasing and most of the time car accidents are due to people being drunk and driving a car)
my point with this is that we have this good action that this gambling site did, but governments should let people start being responsible for their money and not stifle gambling with so many rules and laws
Well, now I guess this is a huge slap to this government body's face. Lotteries from different countries for sure has helped the people during this time of crisis. Now, what this gambling firm has done is enough to make them realize the importance of the charity gambling firms and lottery. Nevertheless, this is such a good move from this gambling firm. Not only does the government and the people are benifiting from these, but them as well. When compared to gambling with liquor (beer), what is more dangerous is beer because if it is excessive it will result in commotion, crime and even casualties because you cannot control yourself due to the influence of alcohol and can harm others. Gambling will generate money that can help financially and gambling will only lose or win which will not have fatal consequences in an instant as well as the risk of becoming a personal addict that does not harm others and there will be a process that can still be overcome if there are signs. Casino or lottery, if agreed, will benefit various parties and a small part to charity for those in need because of the pendemi. Anything that is in excess, is not good. So it is the responsibility of the gambler to look after himself. And if he needs professional help, he can always tap the establishment as they know where to get help from. Gambling institutions can easily generate money even during this pandemic, so it is a good source of income. So instead of banning them, let them operate and just get something from them. In that way, they are helping both to survive in this crisis. And besides, no matter what, gambling will always be there. So why not extract money from them in legal way? That should be the approach by every countries, but unfortunatelly many of them insist in classifying gambling as an illegal activity. These governments don't see the potential of generating revenue taking money from the rich, as they are the main big rollers, to give to those in need, through their own free will gambling and not through abusive taxations which discourage rich people to stay in the country. |
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but sometimes a thought crosses my mind that will these conditions last longer and better in the future?
Bitcoin will last until a better option is offered. Nothing lasts forever in this world and it won't be different with bitcoin, although I think it will take a long time yet until bitcoin becomes useless. We didn't even reached the peak and fully adoption yet. The future looks very optimistic for bitcoin. Many people are already aware about this fact and that is why we see so much interest in bitcoin nowadays, reflected on the currently currency's price. |
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Are muslims forbidden from lending money or from practicing usury? Because these are two different things. Usury is related to abusive loans interest that will prejudice the borrower, but not all loans work this way. There are fair deals which benefit both sides, the lender and the borrower, and staking is one of them. - As a lender you help someone who doesn't have money right now and as reward you earn some percentage over the total sum;
- As a borrower you have instant money to develop your business or project, consequently making money for yourself through it and using part of your profit to repay the loan.
Without a loan many people wouldn't have money to start their businesses. And without a lender there wouldn't be money to be borrowed. So I think it's precipitate to classify lending or staking as usury. It's quite the opposite: by lending you are actually helping people to turn their plans into reality. |
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Keep in mind bitcoin adoption takes a lot of time to happen. We won't see all kinds of services accepting crypto currency overnight.
To live without banks will be possible someday, but to think you could live in society without an ID is daydream and I think you are already going too far...
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