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This is great but what if the people abuse the system?
What if they create multiple account and sit on one table and collect the free sats to one account and cash it out?
But I really like the idea it is a great site to have a fun and relax specially if you like poker.
And a nice site to try your skill on poker and to enhance it.
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It is nice to see that more and more phone companies are getting interested in crypto and it would really make some great publicity .
Maybe in the future we would see almost every phone supporting different kinds of crypto and they are going to be the one who would sustain the price of each crypto that they promote.
They will make the market more lively than it is now we would see more people coming into crypto because of this companies.
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Bitcoin has experience a huge drop and it happens so fast but now it looks like it is starting to climb up again.
The market has experience a correction and I think we could now move on and let the Bitcoin price continue to climb .
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It all depends on the amount of fee that we would face on ordering at some online store like that,
For example we all know that there would always be a shipping fee and of course we are talking about crypto so there would be a transaction fee.
So why would I use my crypto if it would cost more than just paying with Fiat?
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Just relax I think it is just correction ,We could see that it is now growing up again.
We should really expect this kind of things in crypto when the price pump the people would take their profit and it would make the market fall down again,
But now it is going up again so there is no need to panic.
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This is more than a correction, it's a pure dump who bought earlier thinking that bitcoin will have more pump. If it was a correction, it would be more slower than it is now.
I agree this looks like more than just a correction the price drop happens so fast . And it could be true that the early investor who bought it while it is at a low price have taken their profit and waiting to enter again soon. I think we would see it pump again soon when those who took their profit enters the market again. |
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People familiar with Sweatcoin? Earn coins by walking, is this app legit? And eats this app your battery or nah? It looks like legit but how could they earn money with only giving rewards? *you can always pm me for link xD* Joking  I have tried it before but it seem's that it is only paying from the referral program . I have some friends who manage to earn some from walking and couldn't convert their sweatcoin into Fiat . But it was a long time ago I found it back in February and I don't know how does this app operate now but back then they are only allowing to cash out those who earns from invites. |
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I think cloud mining in general is not profitable.
Here are my calculations for Mining Cloud vs Buying Bitcoin.
All following calculations are done on annual basis.
All following calculations are done WITHOUT halvings and adjustments counted until you read later down.
Hash rate (total hash power of the world) close to 49 Mil. Th/S as of today May 17, 2019.
Every hour gives the world 6 blocks, multiply that by x 24h x 365 days= 52,560 blocks produced in the world in 1 year.
Currently there are 12.5 bitcoin mined per each block x 52,560 blocks= 657,000 bitcoin can be mined per year in the world if no adjustments and halvings happened.
49 mil. Th : 657,000= about 75 TH/s to mine 1 bitcoin as it stands now, before counting adjustments and halvings.
Let’s assume I bought 1 bitcoin today and paid about $7,200 (as of May 17, 2019) in a hope to sell it in 1 year at a higher price.
Now let’s see what would happen if instead of buying 1 bitcoin I invested the same amount of money in cloud mining.
Typical contract from a firm like Genesis Mining offers 1TH at a rate of about $60 all-inclusive per year (May 17, 2019), and that's including maintenance and other fees.
For $7,200 I can buy about 120TH for 1 year term of cloud mining.
120Th : 75Th per 1 bitcoin= that should give us 1.6 bitcoin over 1 year period of contract for the price of $7,200.
1.6 bitcoin is obviously more then 1 bitcoin which I can buy today, so cloud mining is better, right?
I think NOT, because remember we have not counted difficulty adjustments and halvings yet.
Now let’s do that, let's include them in the picture.
The next halving is in about 1 year, so we don’t have to take it into our example as the contract will be over by the time of halving, so for now we just have to worry about difficulty adjustments.
But from historic data I never seen those adjustments less then 100% year over year and usually it’s even more.
So, in our example instead of 1.6 bitcoin, I am lucky if I get 0.8 bitcoin by the end of cloud mining contract.
Therefore, in my humble opinion, it’s safer to buy bitcoin rather then mine one in the cloud.
Would you disagree? And if I am wrong where the flaw in the logic and/or calculation?
Of course it isn't profitable anymore if you want to mine Bitcoin do it on your own build your own miner don't invest in a cloud mining . It is better to build your own rather than trusting your money on them because for me they are only a scam site . Or if you want you could just buy Bitcoin rather than mine it but if you are looking for a good investment for your future and for a continues income then build a mining farm. |
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HAPPY BIRTHDAY TO OUR BROTHER PRIMEDICE!!! Let the celebrations continue all through today 😉  Happy Birthday Primedice , I hope we could also see this kind of celebration at stake.com , I wonder how many years more would they continue to operate but I think this would really be for a long time. Stake and primedice would be with us for a really long time for sure they know how to manage the business and knows how to make their supporter's happy. |
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Well I think this is a great one but unfortunately I don't play Fortnite are we going to expect more tournament in the future? Since you are going to host the first crypto currency tournament in online games ? It is the first time that I heard something like this . |
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This is an improvement, I always saw discord as a dull social media platforms and I never gain interest in registering but if this project goes well I think it would be good for discord users and those that's going to join in latter. Just hope it's not going to be another scam in this series of scam related drama
Well it is time to make it lively by doing some great things like this . I am not a fan or user of Discord but it is good to see that more and more platform are being used for gambling and it is improving the crypto industry. It could attract new discord user to play this game and I hope next time you could add more games. |
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Well they are useful for knowing what is currently active and which one is already done,
I think it is helpful for searching an ICO but not for securing investors from scammers.
They are just going to list down all of the ICO and it is our job to find which one is great for us.
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Well we all have our regrets because we missed the opportunity to get something that is low value back then but manage to get pump.
I think most of us here in these forum have those feelings but you should just move on and try to earn what you missed.
There are still a lot of opportunities out there so why would you get over from the past and try to do something right now.
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The bounty wouldn't really limit the number that could participate in their campaign ,
Because they need more people for publicity and to promote their campaign to attract investors.
But the limitations would really affect the bounty rewards but that doesn't mean that you could earn more from their campaign,
Remember that not all of the campaign would pay and not all of them would have a value in the market so even with the limitations for participants wouldn't guarantee a thing.
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This kind of videos or articles is what I want to read or watch , This is so interesting I hope that there would be more interesting topics or article that you could suggest? But right now I am more interesting on watching rather than reading . Something weird is going on in Antarctica... hard to pin down exactly, but seems a lot of the flat earth disinfo revolves around it. In the information age you can never remove the needle in the haystack, so you have to bury it in more hay. IE when you smell piles and piles of bullshit generally something is growing out of it. Lots of world leaders making visits, and it is a highly restricted area. IMO there may be some remnants of past civilizations there hidden under the ice.
What if Agartha is located there ? We couldn't really know and I have watch before about a man's journey from agartha. |
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Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money transactions less transparent. Still, he sees the value in digital payments systems and supports electronic use of government-backed currencies like the dollar. “I’ve been a great advocate of moving to an electronic payments mechanism. There are a lot of efficiencies. I think we can actually have a better regulated economy if we had all the data in real time, knowing what people are spending,” he says. https://www.cnbc.com/2019/05/02/joseph-stiglitz-we-should-shutdown-the-cryptocurrencies.htmlThen he should also call for shut down of everything because anything could be used for illicit activity. Cash is being used for it for a long time now ,Guns should also be shutdown since it is used for killing people, Cars should also be included because it is used by criminals to escape. So basically everything should be shutdown because they could be used for illicit activity. |
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I think this is normal every time that Bitcoin price rise up the transaction fee would also increase,
This has happened before back in 2017 this is where I started to notice the transaction fee,
Back then the price was surging high and the transaction fee is going insane and now that the price is also raising the transaction fee is moving too.
But as they say you could always change it to how much you want to pay.
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Yes we should trade carefully and we could dream but we should also know our limits.
Besides that is why we are trading because of our dream to earn big.
But don't be so ambitious and know your limit .
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It all depends on the situation if there wouldn't be a transaction fee then why not,
But if it would cost me more then why would I even do it?
I could just use Fiat rather than spending more by paying with crypto.
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Only 2 days left before the winner is announce .
The top 1 gambler on the site has already won 12.96 ETH so I guess it would be really hard to take over his place unless someone aims for a huge multiplier.
I think it would be hard for me to be part of the top 5 to get a prize for this competition.
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