We are and we will be till something drastic happens. But note this that even a drastic change wont happen till several years of development. If bitcoin becomes the mode of transactions in future then you can be doubly sure that banks are the first to accept and take up the pro-bitcoin stance. Its highly speculative of what will happen once that becomes the biggest bag of bitcoin.

You would be too late if you think this in the future. It has already started happening. JP and his crooks are stocking up bitcoin on every dump. You can be sure to see them manipulate the market in future. SO stock up your armory before low prices run out.

It is not. Any speculative market is something that needs way more time and determination that what average people of this forum think they need. People here think that they can make money buying some shitcoin and wait till it pumps 100x of its buying price. Thats very rare, like hitting the jackpot.

What is the problem if you dont look into different strategies? It only gives you more ideas on how you can place trades and how you can anlyse the market. Its not always about trading, but also learning how to trade and when not to trade. Not every time is a good time to trade - a false pump happening may attract sellers, but be careful not to fall for such traps.

Fundamentally called scam by brain dead idiots brainwashed by government propaganda against crypto. They were not even given the time or the proper knowledge to learn about crypto and its usage. Since we as humans tend to call things those are not reachable by us as "bad" - this idea came up and became popular in the internet. What is true was far from it.

In a few countries crypto was made "the" mode of payment but this wasnt the way for bitcoin. Instead they created altcoins for their own country. I do not support this idea because with a altcoin controlling a countries economy a lot of problems can arise.

Verification and anonymity is one thing and feasibility of using crypto to deposit is another thing. While there are people who are trying to do shady stuff by offshoring the money through these gambling sites as a temporary wallet, these tainted sources end up being KYCed and they often land up in this forum as "scam accusations".

But every casino has its own terms and conditions for such cases, obviously they will not take any blame from authorities for their players sending in fraudulent funds.

30-50% gains in a few days is a huge profit. I am saying this because I havent seen such rises in the market unless some big bullish news sets in and people start to buy into that news. Majority of players tend to look out for such news and buy and this pushes the market up. Bears will bring selling pressure into the market now to make profits. But regular one digit percentage rise and fall is normal.

Still if such rises happen everyday you can understand how high the price will reach gradually and thus is unlikely to happen several times but will happen after a big interval.

I agree, you should not buy lottery tickets if you are not willing to accept the loss that they bring. Obviously one person's loss is another person's gain. You cannot hope to win every lottery - in that case what would the casino win? But there are people who actually love to put their money on tickets and they tend to buy them. Its like a hobby for them - they are hoping for that lucky day when they end up buying that lucky ticket.

Martingale would work theoretically if you have an unlimited bankroll. Fact is that if you had unlimited money - you would not gamble at all.

Gold is also prone to market volatility and in fact the volatility of gold is much more than bitcoin. Bitcoins volatility is often time dependent - certain trends tend to push up the price like an positive feedback cycle and gold tend to vary between points in a known amplitude. There is a lot of difference between the two and they are not comparable in terms of government reserves.

You can keep that idea aside. Governments would rarely if ever accept crypto unless they are a failing economy like Venezuela. Rest of the countries dont even care about what happens with crypto unless some big institution in that country comes up with a demand.

We still have wall street traders who make up majority of the markets. Crypto is still a very small percentage of all the markets in the world. This is why people who want to trade mostly come from a background of trading stocks and bonds and then precious metals possibly after that they go for crypto. So the good people to learn for would be people like Warren Buffet.

Its not that he is the one who is a god but people tend to idolize someone in order to proceed in life - thats normal.

Beginning of trading should always be with the basics. Here the basics can be knowledge from stock market trading or commodities - at least some idea about how speculative markets works should be there. Complete newbies are going to get scammed easily if they enter crypto. Secondly the rising price is a wrong time to enter. It draws a hype but that is not the proper time to invest in.

Rather the time when prices are going down and remain less active on social media buzz is when you should buy it.

If you look at this in a way that a gambler is winning a certain bet, what happens to the mindset of that gambler? Do they stop and cashout their money? Or do they become over-confident and rush in to make the next risky bet? 99% times it is the second one. That is the reason why casinos are a flourishing business. Those rest 1% add up to the loss that a casino makes but its pretty small compared to what they earn everyday so its affordable.

Bottom line is that every gambler is responsible with their money. What they do and how they wish to spend it should be their choice. However just one person winning a big bet does not mean anything - that guy got lucky thats all.

Maybe they have a reason but that reason only stays for a short period of time. I am yet to see some shitcoin about to do something that changes the financial system something that bitcoin was capable of doing. None of them have done any such things and most just piggyback on bitcoin's bull runs to start their own bull trends - this is only visible when the bear market starts and leads to altcoins bleeding out.

Most of the altcoins are just money making schemes for the developers of that coins and not the investors. Get that fact in your head now. But greed on part of the investor will make them invest in these shitcoins so these words make little sense to them.

I dont think its a sacrifice to hold bitcoin. It should not be thought that way. Its what a person has planned to do. If they are holding then it should not be that they are forced to hold. It should be spontaneous holding because they entered the market knowing that its very speculative and wanted to make profits from long term holding.

You are right about yourself but this may not be true for everyone. Some people have already planned to buy or sell at certain positions and thus they will do so. Whether it will affect the market adversely is another question.

It varies between traders. Some prefer to get some small profit everyday while some aim for the big hits on some shitcoin. It does seem like a gamble at times for such people but day traders actually make money by getting small profits on every trade or calculated losses followed by compensating profit on the next.

Opportunity would already be missed if people didnt buy at 6k because now the market is correcting after yesterdays bull run. Its coming back a small portion before its going to go up again. It could go sideways as well if the bears became all the more dumb and wanted to crash the market even more.

I believe both the employer and employee are taking good measure to stock up more and more bitcoin as time passes on. These institutions are not delusional trolls like majority of no-coiners are. They are way more intelligent than what you think you know and that is the reason they are multi-billion dollar companies running this world with their influence. They know what will be big and worth investing for the future.

Seeing them the employee, at least those who are rich enough among them and have some wits would also jump the bandwagon at start trading bitcoin when they have money at hand.

I dont think you understood this topic. Think of it this way, the amount of losses you make versus the amount of profit you make - which one is bigger? Or what is the net profit/loss from all your games. It is definitely a loss if taken truthfully unless you are some really lucky winner of a jackpot.

What I mean is that the entire gambling process is not supposed to be a profitable game for the players, obviously the owners of a casino are running a profitable game and they are at a profit. This is not because the casino is unfair - they are fair, but people lose money due to their luck and the house edge.

The reason people go after such statements is the pump that made bitcoin's price what it is and so called "brand name" associated with bitcoin. No other coin out there can beat it and believe it or not people who are making shitcoins are actually envious of that. They want their own coin to be the next bitcoin and so they keep on saying this to everyone they meet, whether it be social media or it is real life.

These guys will make you buy their shitcoins and dump on your face when the pump happens so you are the one who is going to at a loss. Complete waste of time and money.

Keep hoping so and you might see better results soon. But a word of advice would be not to spend your sleep on altcoins because we have seen how worthless they become when the bear market starts. Only bitcoin is what is worth putting money in for a technological point of view and future growth potential.

How far Eth can go is what is keeping these traders alive to kick it back every time it drops, or it is just plain old bagholding tactics to promote and shill it so they can sell at higher price and make some quick buck.

They wont be satisfied with their first bet.

Thats who humans function. They always want to make money by the easy way and that is gambling. Who wants to work their asses off all day long? Funny thing is that the second one is actually the safer one leaving out occupational hazards. Addicting gamblers is easy because they are having a brain that does not do any logic or reason and being lazy these modalities have been shut down long back. Give them an impetus to gamble more like a small promo or a lucky bet and they will immediately get addicted to the site.

Not all banks after run by governments though. There are privately owned banks as well, whether the politicians influence them is another topic. Bitcoin was created to be an alternative so you are correct there.

Although people see bitcoin as something that will disrupt banks that wont happen so easily. The thing is that banks would also find alternative methods to counter a bitcoin economy by themselves taking up a pro-bitcoin attitude and stance and then the tables would turn. This is still random thinking but who knows how it is going to happen. Hence it better to not think about it but stock up on bitcoin while prices are still low.

USDT came after bitcoin because of a so-called "need". That need was actually fake and a cover-up for the tether scammers who inflated bitcoin's price in order to dump on people's face back in December 2017. People still cant see how badly managed tether is and how much of a scam bitfinex is upto.

This is not fully correct. Stable coins came in after the so called volatility of bitcoin which made people lose money after the tether pump. People thought that stable coins would allow them to hedge funds while bear market pulls in, but in reality thats not the case. If you really want to steer clear of a the incoming bear run, sell your coins for fiat and wait it out. You cant compare bitcoin to stable or a "better" coin in that manner.