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He was just defending himself with that tweet, nothing more. I doubt he would sell his bitcoins now for he will end up with a huge loss (which is literally nothing for him I guess). He is rich enough and he wouldn't need to sell his bitcoin anytime soon. He can keep on holding as long as he wants. But whatever he does, yes, it will affect the market, but temporarily. If he sells or buys or talks good or crap about bitcoin, we might see some price volatility and then will go back to normal. But, no he is not one of the keys for the price to reach $100k. And we don't even want him or anyone to be the "key". If they can bring the price to $100k, they can take it back down to $10k.
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Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
It happens from time to time. Nothing new. Quite normal. I think a few weeks ago, the same thing happened. Bitcoin went above $20,000 but that was for only a while a day or two and then the market tanked once again. No one can predict if it is the bull market or no. The price might keep on going up or it might crash again in few days and this is what is happening right now I guess. The price of bitcoin already went down to almost $20,000 from almost $21,000. |
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I doubt any of the other matters except for accessibility. One can gamble online from home whenever he feels like. You can't always go to land based casino when you want to gamble, can you? And it is all about being comfortable. There are people that feels more comfortable when gambling from home without being surrounded by people. And then there are people that feel more comfortable gambling on land based casinos surrounded by people they can socialize with.
And I don't think online casinos have higher win chances than that of land based casinos. Both are digital slots with almost no differences!
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Why does it look like he is only shilling for the casino? Newbie account and randomly posting how awesome the casino is because they allowed him to withdraw such huge amount with KYC and he was using VPN? Sounds like a shill account trying to lure players that don't want to go through KYC and uses VPN. And like others said, why not show your withdrawal transaction hash to prove your claim. Anyway, I am pretty much sure their terms of service says that users might need to pass through KYC, just because you got lucky, doesn't mean everyone will.
Anyway, I wouldn't want to play in a casino where they give no warning when you accidently bet your whole balance with such low odds of winning....
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You thought like this because you didn't know much about economics. Even I as a kid used to think why didn't everyone just print money and buy things, but wasn't bothered much about it for some reason lol. No printing money doesn't make a country rich. The more money you print, the more money goes into circulation, the more value the money loses. Not to say printing of money is totally bad but if not controlled properly it can lead to hyperinflation.
Circumstances that money can be necessary to be printed is when the country is in short of money because they need money to build industries, give loan to manufacturals and small businesses.
Countries starting up like new independent countries can print money to start the economy properly.
If done in a controlled way, it will only reduce the damage it might do, but in the long run, it will eventually affect the economy. And there are lots of things to see before giving loans to manufacturers and industries by printing money. The government first sees how much increased economic activities the industries can bring before they actually do it. If they print money and keep on giving loans to failed industries and business, it will only cause inflation. |
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Did you notice?
It is shitcoin season!!! Memecoins are not to be left behind!
What are Shitcoins?
Shitcoins are crypto assets with little to no value or digital currency that has no immediate, discernible purpose.
On the other hand, Memecoins are genres of crypto assets with it?s value derived from it?s community?s support. They are largely speculative.
What is this shitcoin season that you are talking about? What makes you think that it is the shitcoin season? There are literally one or two shitcoin getting pumped every day, but for a short period of time. Those who join late are the ones that pay for the profit of the others. And then there are shitcoins that lock you our from selling. Almost everyone that invests in shitcoin loses their money. Meme coins and shit coins have no difference. All meme coins are shitcoins with no real usecase. Only few (two of them) was able to remove the shitcoin label due to the huge community support. |
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I have seen more than 2 casinos locking user accounts for this action, and is it really the users fault?
If the users claims tons of faucets or bonus is because the casino engine allows it, and if the casino is losing money with this action they should fix their code to avoid this problem and not steal users money.
The casinos sets the rules of the game, and if a user is smarter enough to find a way to make profit with those rules then they shouldn't block users withdrawals.
So, what do you think about this?
First thing is that all players should read the terms of services of the casino before using the casino or making any deposit. You wanted a solution to people abusing a casino? The solution can also be found on the terms of services. I am sure it clearly states that if they farm or abuse the faucet their accounts will get blocked or the funds confiscated. So blocking is the solution for the casino. And yes, the user is in fault for not reading the terms and then breaking the terms. Just because they are allowed to claim "tons of faucet" doesn't mean they are allowed to break the rules. Don't like their rules, go play in another casino. The bonus and faucet rewards are mainly for rewarding regular players, not farmers. |
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SpaceX's starlink is a not a charity but a for profit organization. They can't keep on providing them with free services. The amount of donation Ukraine is receiving is I think enough for them to find an alternative way or buy the service from starlink. With Russia trying to sabotage the starlink satellites, it would become more expensive for them to maintain the network. Elon has done as much as he could and it's his decision if he wants to donate more or not. Likely the media is going to twist this against him since he wanted to make the Ukrain-Russia peace plan but most of them was against it.
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Entered the link and it looks like you run an exchange. I don't think it is the best way to promote your exchange by promoting meme coins. If you are in for serious business, then stop trying to use "hype" or "trends" to promote your business. It will only hurt you and your exchange.
Meme coins are never safe to invest in. If you want people to take you serious, promote coins in your exchange that actually has good use cases and is well known.
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Those 30% Canadian people I am sure said that they "might" buy bitcoin. From those 30%, very likely more than half of them wouldn't bother buying. They just said yes because they keep on hearing about bitcoin and how people made profit. I am sure if they see the current market, they will likely feel turned off from investing in bitcoin. Also People will change their mind within the next 2 years. Less than 30% of those people might end up not buying or more than 30% of the people will end up buying. Those statistics doesn't mean anything and you shouldn't rely on it for your investments.
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It wasn't 12k in a decade ago. It was 12 USD. Probably a typo or you read it wrong. But yeah, those you held for a decade (I wonder how many of them are there), invested a good amount is probably leading the life now. But I doubt we will be seeing the price go up the similar way in the next few years or in a decade. -snip-
I feel this a second chance given to new investors
-snip-
No matter the price of bitcoin, if you have money lying around, you have been given a second chance to invest. Every moment is a second chance! -snip- Lol yeah, the difference is just $7K and gold are performing better than Bitcoin  -snip- The difference isn't 7k USD. Look at the picture he posted. Now would be saying the same that gold has been performing better than bitcoin in the long run? |
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I can see that few gambling websites have their own tokens, is it advisable to invest money in such tokens? Also how is the performance compared to other coins and BTC? Do these tokens follow BTC movement like other tokens?
I don't think it is worth buying those "gambling" tokens. We don't hear much about those tokens nor do they have anything special to offer us. They are just some tokens made for their casino and are distributed among the gamblers. Not worth taking the risk in my opinion. Stick to bitcoin and regular altcoins if you are willing to take less risk. Football club tokens surges when an upcoming big match is around the corner what about gambling tokens?
The tokens price goes up due to a hype. You never know when a hype ends, so you will only end up FOMOing in those tokens and eventually lose everything. |
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You missed some points. Always learn from the mistakes. The more mistakes you make, the better you will be running the business in the future. There are people that ends up quitting because of some small errors they made. Instead of learning from those and trying to fix it, the end up leaving everything which results in waste of money and time. Another thing, if you think a business model you are trying to run isn't sustainable, then different different models. If those fail too, then yes, you should quit and try doing a different business.
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I first got into crypto in February this year however did not start investing in Bitcoin until June after the crash as I felt it was too expensive until then.
I have been DCA now since June and my average buy is £17,100 and I have 6% of a Bitcoin which I know is not much but I have been taking it slow and feel it is slowly growing whilst buying at these lower prices.
I watched a clip on Youtube earlier saying how Bitcoin is great however it is limited in terms of profit potential and it got me thinking if I should keep DCA into Bitcoin or sell it all and put into Altcoins that are likely to return much more over the next 2-3 years.
I mean how high can Bitcoin realistically go in the next 2-3 years? £150k maybe which would be less then 10x compared to other altcoins that can 20-50x when the bull run returns.
Just wondering if everyone invests in Bitcoin or is it worth just focusing on strong altcoins that can 20-50x in the next few years?
I know I have got into Bitcoin at a good price but just feel while altcoins are currently 85-95% down from all time high may be better making the most of that rather then being safe with Bitcoin and not seeing much return.
Not all altcoins are going to give you a 20-50x return. You need to find a good altcoin that has potential and they are very rare to find. You will most likely end up investing in a "bad" altcoin and lose everything. Investing in Bitcoin is less riskier when compared to altcoins. Sure, bitcoin might not give you more returns than some altcoins, but look at the charts. When the market tanks, the altcoin performs the worst. Go back few days and see what happened. When bitcoin went down by 5%, altcoin went down up to 15%! |
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BTC's circulating supply is now 19 billion out of the 21 billion caps.
Is it possible to calculate how much the price of BTC will go up until it hits the 21 billion cap?
I know there is some complicated math you can do about circulating supply, market cap, price etc, it's all connected,
How can I calculate the price potential of BTC within the next 1-10 years?
No it is not possible to calculate the price when the 21 billion cap is reached. The price might be the same, it might go up or it might drop. Supply doesn't always determine the price. There might be limited supply, but if there is no or less demand (that is no or less people are willing to buy bitcoin) for some reason, the price will be less. For some reason if bitcoin fails, then the price will drop to almost zero. If there were people that could find out the price, they would all be a billionaires by now. |
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-snip-
1. Emotions thoughts and feelings can hurt you if they were not researched.
2. You haven't learnt enough just yet. It's not wise to invest with your kindergarten knowledge, take time to on them first.
3. The news can be a disguised trap, I made many investments because I followed the news and what many people were doing, this is a foolish move.
4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.
-snip-
1. It is something natural and normal. You can't suppress your emotion even if you did your research and was prepared for everything. 2. It is better to invest with the knowledge you have instead of only reading and watching videos. Start small, learn from your mistakes and go big! 3. Always buy the rumor and sell the news. You will never make profit if you buy the news. 4. As long as you are investing in well known coins, you will be fine. And what you said is right. Don't FOMO! |
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Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
I don't think anyone would want to "spend" their crypto currencies when the market goes down or when they are at a loss. Spending those crypto currencies means they will be buying things at a "higher costs". So yeah, you are right. Most people don't consider crypto currencies as a regular currency. More like a store of value or security instrument. Those stores are willing to accept crypto currencies regardless the value because they don't actually hold the coins. They use third party payment gateways. As soon as you send them the coin, those coins get converted to fiat currency and the merchant receives the payment in fiat currency. So they merchants are actually risking anything. |
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We are in a world people desire to work in oil company, banking firm and while others choose to in different organizations been a corporate office jobs just to answer am working in so so company, but can you choose crypto as full time corporate job?
I'm not really sure how to answer this but yes you can example like working on exchange or writting some blog or making video about crypto, The other way was working as Blockchain developer on some sector like Oil, Market, Food, etc and also being a lawyer or even marketing on some blockchain-based company
Are you talking about trading? Or normal job related to crypto currencies like blockchain developers and stuffs? If it is trading, then no. You shouldn't make trading your full time job. The market is very volatile and you can't depend on trading to pay your bills. There will be days where you lose money, then how will you buy food or pay your rent or bills? If you are talking about jobs related to blockchain, then why not? It's the same as working in any tech related field. You get paid like everyone else. |
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I always consider gaming as gambling I have seen many gamblers spend a lot of money for their character and to level up their account for future profit, like selling their stuff and their character.
If you're a gamer or someone is a gamer and would like to try to gamble in online casinos will it become an easy transition as all the elements of gambling are present when you're a gamer, or does a gamer have to start all over again, and have a different motivation and mindset?
Loot boxes and stuffs like those are already considered as gambling. And I think there are countries that have put a ban on loot boxes if I remember correctly. It doesn't have to be for profit. If you put your money and you receive random things from a list of things that you wanted, then it is considered as gambling. And yes, those who buy loot boxes or play those game of chances will highly likely start gambling or playing in the casino than those that avoid those activities while gaming. |
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Since 2009 when Bitcoin was launched by satoshi, Bitcoin has performed better than most physical currencies.
Why I create this thread is to define the role of decentralized digital currency like Bitcoin as an alternative currency in the economy, and to dispute the claim by some Bitcoin haters that discard Bitcoin as a none physical represented currency and only exists on the Internet.
But Bitcoin has out performed most physical currencies such as the dollars and the rest of other centralized currencies. Due to the decentralized nature of Bitcoin it allow bitcoin to be use anywhere and at any time without any restrictions.
Bitcoin perform the role that other currencies can not serve any purpose, take for example if you leave and saved your money in your local bank currencies and it happens that you traveled to another country you may have problem with apending your money and tou bank savings may become useless and the only option will be Bitcoin as the only alternative.
Note: this explanation was born out of my own personal experience, and i hope others here will share similar experience too!
You can't use your bitcoin anywhere and at anytime without any restrictions like you have mentioned. Most of the stores in any country still doesn't accept bitcoin as a form of payment. You can't use bitcoin instantly unless the merchant is willing to accept transactions with 0 network confirmations. And no, your money doesn't become useless. When you move to a different country, you can always use your card to make transactions and it's true sometimes it is going to take a lot to move your money from one country to another, but even if you can move bitcoin, you will have hard time using it as a regular currency. |
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