I think lightning network should be given more attention.
We are talking about a method that would make bitcoin faster than it is right now, but we are failing at segwit adoption let alone lightning network.

If we can get to that eventually that would mean people could send money to exchanges much faster for a lot cheaper and they would be able to withdraw much faster and much cheaper as well, that is why I really want lightning network to happen. If that doesn't get attention we will be left with something that takes hours to transact and cost a lot for cheaper amounts, sending 1 dollar to someone via bitcoin should still be quite easy, without that we will be just another payment option that costs a ton but with it we will be the easiest payment option out there.

It may, we just don't know the results yet. Yeah, we are in a bear run right now but we also should look at it in a long term deal instead of just one time deal. Short terms are always short sighted and never reflect on the long term affects of it. Just to give an example, 2008 crisis crafted the bitcoin idea and in Cyrus when there was a crisis people bought over 700k dollars worth of bitcoin (at the time that was a huge amount), however last year when stocks went down, bitcoin went down as well.

As you can see just because A happened when B happened doesn't mean A will always happen when B happens. It is just one time, lets spread it over decades to realize what would happen each time and try to find some sort of pattern, without that we are not gonna have a big example.

People having bearish taught is not really that important in bitcoin world. Normally what the price is decided is what people think it will do, because when people think it will go up they buy and because they buy it goes up, and when they think it goes down they sell so the price should go down.

However, even though that should be what happens, the reality is that there could be thousands upon thousands of people who do trades according to their feelings, there comes one or two whales who do thousands of bitcoins worth of trades and then it moves to another direction, so people sell because they think it will go down then a whale buys a bunch and it goes up or people think it will go up so they buy but a whale comes up and sells even more so it goes down.

People do not pay their mortgages "no matter what", in 2008 there was tens of thousands of people who got kicked out of their houses, but when a crisis comes and the financial world collapses even if the banks seize all of the houses at the first sign, they still have to sell them and they usually sell them for far cheaper which means they will have to both wait and also not make all of the money back.

It is really not an easy task and proof that people sometimes do not pay their mortgages, so they may not sell their bitcoins if it is not even remotely close to their mortgage. Sure if they have to have their cars repaired or something they might sell but a guy who has 100k mortgage debt do not have 100k worth bitcoins, they either have zero because they are in debt or they have a very tiny amount.

I would have expected bitcoin to have a bit of a uptick after this, it really didn't and we are going down faster than I could ever prepare myself for when it happens. However I always remind myself that when things get worse it means they are getting ready for things get better. Remember we did had that $20k to $3k period but then we had that $3k to $13k period as well after that.

So, I am guessing now that the binance is allowed to work in USA as well it means when we start to have better times again the american folks will be with us as well, not in coinbase type of business places but on binance where the hard work is going on. Its mainly altcoin like people mentioned but do not forget the usdt and bitcoin pairs as well where you can literally buy bitcoin with dollars.

It is not really "getting advertised" when you do a competition still you want people to know about it, it is more like creating an awareness and they are totally different things, they look like similar things but they are actually quite different. One is saying people "hey come check our website out we are good" and there is not wrong with that, that is advertising and everyone is doing it with their signature/twitter campaigns and topics and all that.

The other is "hey we are giving out extra money, you may even go +ev with this" and that is creating awareness for your competition and that is really something different. Quite similar things but the purpose is different, you are not promoting the website itself as a whole, you are not creating enough awareness for your competition among this community to participate. Doing both must be needed as per current level of competition we are experiencing among gambling houses.

So, from what I understand this is basically sportsbetting but pvp instead of against the house? You put up some money in a game and other guys take it, of course it doesn't have to be 1 to 1 ratio for your bet, nobody will accept a bet where you put up 1 eth for real Madrid to win against getafe if all they will get is 1 btc back, so you make the odds as well and give yourself lower in that case.

Hence, you basically become the sportsbook for one bet at a time, which is really awesome but how many people are really capable of doing that both in odds ways and also have the wallet for it? I guess we will have to see but the idea itself is amazing, I would totally go check it out when it comes out, don't know when the full release will be but it definitely worth a shot.

Isn't these provably things? Like the whole name of "provably" fair even has proof in it. How does these websites get away with not being provably fair but claim that they are? It is really worrisome that maybe the places we all think are provably fair are actually not and found a way around that system? Whoever caught these guys should at least tell us the steps to check for all the places we gamble so that we can go there and do the same tests before we risk our money.

Crypto is truly a big wild wild west right now, dudes are doing whatever they want and getting away with it, no place should be this unregulated, surely bitcoin itself stay unregulated but at least casinos should be looked at and scammer should be put in jail no matter if it is fiat or crypto.

Most recent one for me is Toronto Raptors. I have gambled them on every game and I lost a bit but the overall total winnings was bigger so I won more than I lost.

It was too obvious that warriors weren't on their 100% and the fact that Durant wasn't around meant that raptors actually had a shot at it, I was just not sure about what would happen when Durant returns from injury and that meant a big risk (plus Klay as well) and then both got injured and went so on the last game I was super relaxed knowing that if I lost that one, I would win the next one for sure and raptors would get it. It wasn't really "going against the majority" because many people started to think like me after couple of injuries so it wasn't majority but it was still a risky bet.

It depends on what they do with this information, not the information itself. They really make those celebs go out and talk about crypto here and there, doesn't have to be like promotion (there is nothing to promote) but create awareness then Koreans would probably listen. Hell k-pop is global now and well beyond Korea itself only which means there are people who will literally listen all around the world.

So, those celebs talking about crypto between sentences sometimes would create a lot of awareness and they could put this over the mainstream media, that is when the real price increases start. Don't forget the more adoption we have in crypto world the more price will increase, that has always been the truth and that is what we need from these kinds of news.

We are not really discussing JPMorgans sentiment towards bitcoin though. I mean surely they don't like bitcoin at all and they accused it being so easy to manipulate (they are right on that) but at the same time it doesn't matter because Goldman Sachs another huge company like them bought out Circle payment systems which owns poloniex, which shows that not all big money is against bitcoin, some maybe against it but some are supporting it, plus these are huge companies that usually does what CEO wants so maybe CEO of JPMorgan may not like bitcoin but surely there must be some investors of bitcoin working there.

No, the discussion here was that yes bitcoin is easy to manipulate but that doesn't mean there is no manipulation in other markets as well, there are plenty of them provable by the message OP wrote.

Just keep on spending that money on marketing instead of competition and you may actually get some people in here but considering they are spending investment money it might create a challenge. At one hand if you spend investors money but manage to get a bunch of people then they will make a profit on gamblers and will be able to recoup that investment, on the other hand if they fail then they won't be able to pay investors back.

Hence, it is a big dilemma what to do, maybe they are doing the correct way, maybe they are not doing it the right way, nobody can really know. Maybe you guys should hire a consultant who is known in bitcoin casino world so you can get some pointers from them and do what they say since they already done it and managed to run a casino.

It will take some time for sure but I am not sure if it will be as long as next may month (which is the expected approximate time of next halving), I mean we already dropped now, it is already late September and soon to be October. I feel like during December January it will start to go back up once again, remember last time it dropped on November 15th and then went back up in April, so this must be one or two months earlier.

Surely, it doesn't have to be the same amount of time required but it does seem like happens once in a while and that is why I really think its possible for it to happen again. Even if it doesn't I still think that halving is too late and something could change until then, maybe its not really too late, maybe I am wrong but I feel like price can't stay the same for that long period of time.

To be perfectly honest with each other here, we should literally say we have no idea. Anyone who makes a guess is just making stuff up from their minds or stuff they read somewhere but in reality nobody really knows whats going on.

In order to fully know what happened you have to track every single sale during this bear run and find who it belongs to, talk with them and find out what happened, there is literally no technology that is capable of doing that let alone actual human being who would actually spend time doing it. Hence there is really no point of asking why something is happening or happened. It just happened and now we should focus on the future instead, no point dwelling on past and trying to figure out what happened or why it happened.

It would probably be going long like that in the future as well. Any team that plays in league, champions league (or europa) and then domestic cups will probably just keep playing a bit of bench, a bit of regulars and a bit of youth.

I know this sounds like football manager level of idea and I know it sounds silly but it is quite understandable to play your real players on champions league, 6-7 or even 8 regular players on the league with 3-4 bench players (goal keeper mostly stays all the time) and on FA cup type things you can have like 5 players from regulars and 4 bench and some youths in there and when it comes to stuff like Caraboa cup you can go with mostly benched players and youth.

The "regulars" you play in these games could change all the time, the 5-6-7-8 or whatever regulars you will play doesn't have to be the same guys, you change them up so that even twice a week a guy gets a rest and that makes them fresh but all regulars play on all champions league games unless something big happens.

The reality is that many casinos do not share their data, how much wagered there is, how much they profited, whats the odds of the gamblers in general (they may give yours) so all in all in many places you just trust the casino to be legit. However, one thing you can be sure about is to check their topic here and their social media, depending on how much importance they put in all those places they may get interactions and that might mean they are used or not.

If a place has social media posts every single day and they redirect you there with big icons and they still do not get any retweets or likes or whatever then it may not be the best place ever or if they are active here and write all the time but not get many messages in return then they may not be liked at all, however if people are rushing on their social media or topics here and talk all the time then they might have some users.

Bakkt literally doesn't have enough volume to make bitcoin go down like this, these guys didn't get 1% of the total volume, how could they potentially be the reason for the bitcoin dropping this quickly, sure they may have that option when they go big enough and be like 5%-10% of all bitcoin volumes one day but if they can't manage to do that or at least can't do it now so it makes no sense that cause would be them.

I would personally put the blame on the manipulators who saw that bitcoin price was prime to go up so they dropped the price a bit, maybe it will go down even more and for couple months bitcoin will be same but eventually after a while they will let the brakes go and we will move up just like 3k to 10k time.

When a startup goes IPO you know that they are either A) looking to exit on the most expensive way ever instead of getting bought or B) they want to buy more companies to go bigger. In one case the companies usually go slowly smaller and smaller and eventually go bankrupt, it has happened before and will happen again on companies that built their whole company on a premise that gets outdated eventually, aka Nokia type of issues.

On the others however, it gets insanely higher, look at facebook for example, they bought whatsapp and instagram and god knows what else smaller and they became such a huge company thanks to IPO money. If you can put your money into that kind of company you will get rich and definitely prefer IPO, if you gonna get into first one type of company then doesn't matter if its IPO or ICO.

We all know China is against Libra as well and that makes literally the three biggest economies in the world who are not sure about Libra at all. USA itself is looking into Libra and trying to find what could be possibly wrong with it and because of that facebook already considers not doing it, just because USA may not allow it, than we see here EU is not in favor of Libra, at least France is not and I am sure all others would agree eventually, than we have China who is afraid that Libra may cause their money to become less valuable so they are planning on doing a counter-libra and create their own currency.

So, as you can see Libra managed to make all 3 big powers of the world in economical sense to go against them, its not an easy task to do something that bad, not even bitcoin managed to do that much negativity.

I am not entirely sure about the subject in hand and I have absolutely no proof that it is not like that but I can't stop but feel that there has been literally a cry for $7.8k gap to be closed for MONTHS now and it eventually reached there so I feel like maybe there is a connection with the fake news but maybe it is just the thing we have been waiting for months to happen?

Not saying that is the reason and not saying the topic is wrong, it could be literally anything, like a huge whale maybe sold his coins, who knows but I mean we all have been expecting this for months now and suddenly we are there and we are looking for other reasons. Maybe it is because we have called for $7.8k for months and that just happened without any other drama or fake news involved?