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6641  Bitcoin / Bitcoin Discussion / Re: Follow your mind! on: October 31, 2020, 04:55:43 AM
Reliance on other people's opinions will give painful regrets. I tried to rely on other's opinions before because I'm not good at trading analysis. The feeling of losing to someone's opinion on trading is very different from losing on your own. I really blame myself for relying on others instead of learning it on my own. Since then, I didn't rely on others' opinions without relying on my trading knowledge.

I am sure that many people have the same experience as you because when we don't have many trading skills, we will search for other people's guides, and that can make use follow their analysis without research by ourselves. But after we have more experience by following the others, we should realize that we need to learn more in trading so we can improve our skills and analyze better.

We don't need to blame ourselves because that is normal to have that experience. But we need to use our time to learn more about trading, and we don't have to depend on other people's analysis to decide.
6642  Economy / Speculation / Re: Bitcoin Stays Above USD 13,000, Altcoins Take Hit on: October 31, 2020, 03:45:24 AM
~snip~
Even gambling sites slows down a bit during weekends,  Cheesy so I'm not surprised if this happens to bitcoin as well as I've also noticing this kind of phenomena, may investors just want to take a respite and taking some profits. So I'm not surprised though, but the good thing is that it is holding $13k so let's see after this weekends and start of November if bitcoin has a big chance to break $14k.

A few days ago, bitcoin drop to a lower level, but after it stays at that price, the price slowly increases, and today, the price seems to want to rallies and break $13,500. The investor will be happy if they see the price can start another rally at the end of this month, so the price will still increase when we are in the next month. Yes, I also think that in the next month, the bitcoin price has a big chance to break $14k, even higher. But we still need to prepare if the price drops or makes a correction because that will always happen after bitcoin price touches the highest price.
6643  Economy / Gambling discussion / Re: Mind Blown Gambling Facts on: October 31, 2020, 02:43:12 AM
This what we called development. You can't certainly say that over 10 years there is nothing to see any improvements, and we have it yeah.
The growing number of online and offline casinos means that many people are discovering gambling by now. More people are engaged on the internet which a tool that helps them to find gambling and have them feel good and relaxing while staying at home or anywhere. And I expecting more casinos to open in the public in the years to come.

If the internet can be available in all countries and access the internet easily, they can search and visit the gambling site without any problem. The number of online and offline gambling sites will also compete because, with the internet, that can give easiness for people not to visit the casino, especially if in the future, other bad things happen like today. But if people use gambling as their relaxing activity, that will not be good for them because sooner or later, they will use gambling as a new habit, and if they play for a long time, they will become addicted to gambling. That is the danger of gambling, which many people miss.
6644  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 31, 2020, 01:31:23 AM
Hey guys,

As we all know, the Bitcoin is experiencing a decent price increase and it is slowly but steadily rising every day. Has it affected your gameplay somehow?
Some gamblers think if the price is so expensive it would be difficult to get profits.

How about you?

Cheers,
Karl
Bitcasino.io
No, unless you are buying bitcoin everytime you play. Also, it is just the value of bitcoin that was increased but not exactly the difficulty of getting profits. Yes, winning will always depends on your luck but it is all on that. Increasing in price of bitcoin is not included in the difficulty.

I wouldn't suggest buying bitcoin to playing gambling because it is better to buy bitcoin for hold or trade. After all, we can profit that way. If you only buy bitcoin to playing gambling, if you lose, you will lose much money because if you can't control yourself, your loss will be bigger. Besides that, winning in gambling will depend on luck, so if you feel you don't have much luck in gambling, you should not playing gambling.

Honestly that affects me a huge impact during fluctuations of bitcoin price, and when price drops profit doesn't went good. Somehow that a better opportunity once transactions fee also goes down, because I could enjoy the cheapest payment. Though sometimes we've been struggling on gambling, owning btc as an sustainable asset we can grow it also for trading and holding long term. The profit gains that we earned can be used for gambling instead.

When the price increases, the transaction fees will increase to high fees. That will be one of the reasons why many of us use altcoin to gamble. But if that person has many bitcoin, that would not be a problem for him to still use bitcoin to playing gambling. Even if the transaction fees are down, it doesn't give us more chances to win. We should treat bitcoin as an asset for now, and we have another option to grow the amount of bitcoin that we have by trading. So we can have a way to make a profit from trading than from gambling.
6645  Economy / Gambling discussion / Re: Cashless gaming now available in land-based casino in USA on: October 31, 2020, 12:29:03 AM
~snip~
I also don't understand if establishments like casino are thinking of the contact through plain cash, why they just don't wear the gloves? I have this thought in my mind but anyway, safety is safety and it's the most important to most physical casinos and other establishments that don't have any other option of payment but with cash. The adoption of crypto for physical casinos, don't think of it anytime soon. We have online crypto casinos that are dedicated on this and they have their base users and customers that prefer what they offer.

But that is happening in many places, and I think that is not just happening in the casino. At least, by wearing the gloves, they can minimize the body contact from touching something such as a table, glass, or else. As you said, safety is safety, and the casino and another public area need to concern about that, so people who visit their place will not worry. If people use a card or scan the barcode from their phone can minimize the risk of infection, but not all place or store is ready for that feature. People still like to use paper fiat.

The online casino will be enough for us to prevent the virus's infection, and we don't have to go outside and have contact with other people, which we don't know if they are healthy or not.

Wearing gloves is not enough as the virus can travel thru air. So going cashless is only one option to reduce the possible transfer of the virus. Though they can't implement full cashless yet as many patrons are still fiat users. This is the advantage of crypto casinos, gamblers can play at the comfort of their home touching only their gadgets or computers.

If people worry about the virus in the air,  they can wear a mask and face shield to minimize the spreads. And with wearing gloves, people can protect their hands from touching something that they are not sure if that thing is clean. The online casino brings benefits to people who want to play gambling without having visited the local casino.
6646  Economy / Speculation / Re: Bitcoin Stays Above USD 13,000, Altcoins Take Hit on: October 30, 2020, 06:47:50 AM
As bitcoin price at the weekend, the bitcoin price will usually make a correction for a while because if we see at the market, the price is not increasing too high, but I don't think that bitcoin will stop at that price. Perhaps, in the next week, bitcoin price will start a rally to the high price, and if that happens, the price can increase and break $14k. Bitcoin price itself has a big chance to break $14k because, at the last time a high price, bitcoin price almost touches $14k. So the price will have more options to back to the high-level price, although we don't know when it will happen. Just make sure you are ready for anything that will happen.
6647  Bitcoin / Bitcoin Discussion / Re: Make your choice now! on: October 30, 2020, 05:18:11 AM
several people come to me and share stories about his life in economic problems.  she was confused by her choice.  he worked and served the country.  he gets a salary from the state, but he is also interested in bitcoin.  even every day he spends his time trading.  If in this forum there are people who have the same problem, then my advice is to choose to serve the country, and set the time for the crypto world.  and you will get additional benefits.

Your advice could be useful here if he believes that he can do that. He can buy bitcoin from his salary, but you need to remind him that he needs to manage his money used to work in the crypto world. In this forum, I am sure that many people work in many jobs in their real life and are also doing trading to get their chance to make more money from crypto. It's about how you can use your time to work in many ways and manage it, so what you do will give you more money.
6648  Economy / Trading Discussion / Re: $100 USD vs $10,000 USD Trading Capital on: October 30, 2020, 03:45:13 AM
I hear some people that doing trades and complaining about their trading capital.

So, does trading capital really matter at all?
Are there any disadvantages to having a low capital the higher one?

My point is, having a higher trading capital will make you a good trader or successful trader?
Because what I think is if you have high capital, the risk is high for sure yet the reward is also high, but when you have low trading it's still the same, you got low risk and still low reward.

Trading capital doesn't matter at all. You can imagine if you have $10k, but you don't have skills in trading, how you can choose the right coin to buy and sell. And if you have $100, but you have skills in trading, you will have the opportunity to buy the right coin, and of course, that coin will have the potential to increase.

Sometimes, we think that having a big capital can help us get a bigger profit, but that will not always work because the skills will be an important part of analyzing the coin. But the risk will be bigger too if you use a big capital, and you need to know how to manage the risk.

I prefer to use $100-$1k to trade while I can still learning to trade. I am sure that it will depend on analyzing the market to select the coin to buy and sell. But that will depend on you. If you think that having a big capital will help you make a profit, you can see what you will get later.
6649  Economy / Gambling discussion / Re: Cashless gaming now available in land-based casino in USA on: October 30, 2020, 02:33:34 AM
The pandemic has really led a lot of things, adoptions and innovations just like this topic that you've brought op. The need for cashless system in a casino is needed to avoid contact with the virus through paper money. They can operate again even without bringing cash on their pockets as long as they have wallets ready. This could also open to the possibility of adopting bitcoin into their payment methods, I hope that they will start to adopt it soon.

As long as people only use the casino card, they can minimize contact with the virus through paper money. They can wear gloves while they are in the public area, so they don't have to touch it by their hand directly. To adopt bitcoin to their payment methods, I think it will need more time to happen because the casino needs many things before they can implement the payment using bitcoin or other coins. If the casino can implement it, I think it will have more options to gamble instead of just using the card.
6650  Economy / Gambling discussion / Re: If btc > $150k, will you still gamble it? on: October 30, 2020, 01:32:26 AM
I think I will still gambling, but not too often because I don't want to become addicted to gambling. It is a choice for you to continue gambling or stop your habit of gambling. I decide not to play gambling too often because I realize the risk that I can get addicted to gambling, and I really need to avoid that by limiting my time to playing gambling. It's no matter if bitcoin can increase more than $150k or more because if you want to still gamble, you don't care if bitcoin increase so high or the price still at a price now. So I vote Yes, I don't have any problem gambling btc at high price. After all, 1 btc is 1 btc, right?
6651  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 30, 2020, 12:27:30 AM
With the increase in Bitcoin so fast, of course it had an effect on me when I was going to play gambling. Usually for gambling capital
I convert my fiat into Bitcoin first, with the Bitcoin price rising, affect the amount of Bitcoin I will use for betting to be reduced. So if
gambling sites have a choice of altcoins, I prefer to use altcoins to play gambling.

Many gamblers got an effect on the increase in bitcoin, and many of them are changing their bet from using bitcoin into altcoin. Perhaps, we can use altcoin, which does not increase too high if we want to play gambling. But I think the gambler who has a lot of bitcoin, he will not get the effect of this because he can still use his bitcoin to gamble without thinking about the bitcoin increase or decrease.

But perhaps, it is a good time for us to take a break for a while from playing gambling and try to make more bitcoin as we will make another profit from the increase of bitcoin price.
6652  Economy / Economics / Re: new central banks currenicies vs fiat currency? on: October 29, 2020, 06:27:27 AM
I don't want to think too complicated.

The government can create its own cryptocurrency and force every exchange in their countries to add the coin to the exchanges list. There is nothing wrong with fiat currency as we know that people out there are satisfied with the fiat currency, and many still don't know about cryptocurrency. The fiat currency is doing the jobs in the payment transaction.

I don't know how the government controls its own cryptocurrency or fiat currency, but I am sure that the government can do it with its officials. The government doesn't want to tell the public about their way because that is part of their secret. We don't have to think much about that because we can only guess without knowing if that is right or just speculating. Let them manage it for us, and we can use it without thinking much Grin
6653  Economy / Speculation / Re: Is bitcoin cross $15k in end of 2020 on: October 29, 2020, 05:27:11 AM
We still have 2 months later to see if bitcoin can cross $15k at the end of this year or need more time to reach that price in the next year. But I think it could be possible for bitcoin to break $15k this year, especially if there is a good news release that can lift bitcoin price to break $14k and $15k. We know that the bitcoin price can increase anytime without waiting for the end of this year, so we can wait for more and buy bitcoin if we want.

We can draw or predict that will happen, but we don't know the truth about what will happen at the end of this year. Perhaps, we will see the uptrend and downtrend happen at 2 months later, and we need to be careful because the drops can come into the market without notice. This time, bitcoin needs to have more support to increase and break $14k because that is the next higher price that bitcoin price needs to touch. We will see it later.
6654  Bitcoin / Bitcoin Discussion / Re: Halloween inspired poll –would your Bitcoins get passed on if you suddenly died? on: October 29, 2020, 04:27:01 AM
I am not sure yet if my family or brother and sister can use my bitcoin for their purposes because they still need more knowledge about bitcoin. I think the results for me are about 60%-70%. They know how to access bitcoin wallet from desktop, mobile phone, or hardware wallet, but they are not yet learning more about the trading and the exchanges. Perhaps, I need to add more explanation in the letter and in a file which I already made before that will explain more details that they don't know much, so they can start learning more if I pass away.

Besides bitcoin, I already explain that I have many altcoins in the hardware wallet, the multi-crypto wallet, and in the exchanges. But they think it is easy to access the crypto from the computer or mobile phone, but they are not yet touching the exchanges. I hope they can use all of my assets for their lives, especially to make my mom happy.
6655  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: October 29, 2020, 03:22:37 AM
The pandemic plays a very encouraging role for people who are aware of this digital era which is increasingly advanced and full of hope for cryptocurrency to be increasingly known throughout the world of trade and investment, increasingly, it continues to grow and develop rapidly, everyone needs something valuable and has a selling value. average people are more attracted to cryptocurrencies for long-term investments.

But we are still far away from reality to see people will use cryptocurrency for their daily lives. Perhaps, in some countries, cryptocurrency has already been used for the transaction, not just trading or investment. However, in other countries, it still needs time before the government realizes the benefits of bitcoin.

We hope that more people can join the crypto world once they see that they can use bitcoin for investment.  The pandemic affects the crypto to invite people to know and learn crypto for more, so they can see that the crypto can be their solution in finance.
6656  Economy / Gambling discussion / Re: Does Bitcoin price rise affect your gameplay? on: October 29, 2020, 02:14:55 AM
With the bitcoin price now increases, I prefer to use altcoin to gamble. And nothing changes with my gameplay because I want to save my bitcoin and sell it at a high price instead of using it for bets. Besides that, the altcoin price, such as dogecoin and litecoin, is not too high compared to bitcoin. I use dogecoin so far as placing the bet. Using dogecoin, I can buy so many dogecoins at a cheap price, and I can use a small amount to gamble. I don't want to feel sad if I am losing gambling using bitcoin, and if I am losing gambling using dogecoin, I don't feel too sad.
6657  Economy / Gambling discussion / Re: Cashless gaming now available in land-based casino in USA on: October 29, 2020, 01:14:53 AM
People have another option to use digital wallets and not paper money to convert their chips in the casino. There is a possibility for the cryptocurrency to be accepted as the payment system, but the casino needs to integrate it with blockchain technology. But I think that will need more time to wait and see the crypto used in many casinos. Perhaps, we can still play online gambling if we can't find a land-based casino that accepts cryptocurrency because we are comfortable playing gambling using crypto.
6658  Economy / Gambling discussion / Re: Multi bets vs single bets on: October 29, 2020, 12:11:41 AM
I am not a risk-taker, so I choose single bets. Multi bets can give a big win if you win, but it could give you a big loss if you lose. But I won't say that a single bet can't give you a big loss because if you place the high odds and lose, your loss will be bigger. But if you can predict many events and know which teams that have a chance to win, you can try with multi bets with various bets amount. Perhaps, you can experiment by yourself to find out which will work well for you, whether it's single bets or multi bets because I think we have our selection based on our knowledge.
6659  Economy / Economics / Re: rich people super rich are taking loans now why? what it means ? on: October 28, 2020, 06:34:54 AM
Many rich people borrow money from banks for the purpose of turning it into assets, so that it can avoid inflation and can be used to
generate more money. Because the rich think money is a tool, so money should be used to work, not we work to earn money. So the
rich to lend money are not necessarily affected by the pandemic, they may borrow money for business purposes.

The rich people can pay the loan to the banks, but we don't have to follow them to invest or grow our business if we find it difficult to pay the money. Perhaps, rich people want to diversify or grow their business, so they need more money to prepare everything. The rich people know how to use the money to make more money, so they have the courage to borrow money from banks. Besides that, rich people usually already analyze how much they need the money and what they will use to work as their plan.
6660  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: October 28, 2020, 05:34:08 AM
Of course, the fear of getting infection made this world to be a ghost place for a while by pushing every human into their house by that time everyone only used e-commerce and digital payments for survival and this could be a temporary adoption for now. But in the future if every company wants to have their online portal to stay in the survival hunt will bring the real permanent adoption of digitized things.

That company learns from these situations that if their company can't operate. If they have an online store or office, their company will have the opportunity to operate, and they only need to manage their business from their home without going to their office. This pandemic gives people many opportunities to use the internet to build a new online business to reach more customers globally.

If more and more companies can have their online portal, I think that will make the adoption grow and give people a chance to make money from the internet. Perhaps, we need to give them time to learn how to create e-commerce and digital payments to grow their company step by step.
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