It can't be printed out more just to save someone from bankrupting? That alone in itself is insanely good because it creates a system where if rich are too rich then poor have no money and then rich can't get any richer which means they have to share. Normally on dollars if the rich gets richer and poor gets poorer they print out money from nothing and give most of it to rich people again so they can keep getting richer while they give only a bit to poor people so they can continue to spend and make rich people richer.

With bitcoin the rich are forced to share since they can't hoard all the wealth for themselves, there will be no central bank that will print money for them and they will be forced to not get any richer, so it will be capped at a certain point. That will create equality for everyone.

Wouldn't that be amazing? I mean think about countries having bitcoin reserves, even if the national money that you use loses its value the bitcoin reserves the nation has could be used to cover that expense and sell it, I know it is not that easy to do but in the end they could potentially could do it slowly and increase it a bit. For example the taxes they charge from the people who do bitcoin related stuff could be used to buy bitcoin or even charge bitcoin to those people and save it aside.

Bitcoin taxes are brand new thing and wouldn't be missed so if people do something related to crypto and have to pay taxes on it then governments should take it as crypto currency and put it on a governmental safe and lock it there until there is a nation wide Venezuela like inflation in which case it could be used to sell and recover the economy.

Bitcoin is already gaining super interest by people, maybe it is time altcoins should get a bit of that attention as well ? What could the worst be ? I mean they are already losing value in bitcoin but gaining profit in dollars and as long as people care only about how much profit they have in dollar value than altcoins could at worst result with "not as much as it could be" type of profit instead of a loss.

Moreover, if altcoins start to get some attention after this bitcoin bull I think in the next 2 months that 5 thousand dollars could turn into 10 and even 20 thousand dollars if you invest into right altcoin. There are so many of them at binance right now waiting for binance to stabilize and waiting for bitcoin to stabilize and after that those altcoins will do x5 and even x10 easily.

I believe what you should always try to remember is practice does make you better. I mean there is not a single great investor in the whole world, even Warren Buffet lost money during the 2008 crisis but he managed to take advantage of it so well that he is STILL profiting from investments he made during those times including his own personal money as well. This means there will be bad days for you as well but use that to your advantage and learn how it could make you even better.

If you trade all the time and when you win know why you profit and when you loss then learn why you lost then you will get better. Of course, read and learn and discuss and do all of those to become better but without actually trading yourself you will not be the best version of yourself.

There is no argument here about XRP that could be made that wasn't made before. XRP is a coin that is such a waste that I can't believe it is so high in the market cap list. It should have been one of the lowest coins out there in the world instead of being in top 3 constantly and even getting the second spot sometimes. They are a "company" not a coin and they literally do business with banks to get those banks use their blockchain to move money from place to place with less cost and simply banks pay ripple the money and ripple pays that to wherever that money goes via using their own blockchain.

Now idea is great I agree but that has NOTHING to do with XRP, that is the coin not the company and since XRP holders are not getting dividends from the profits, they are just holding a coin that was intended for banks big moves and not them.

Honestly, it doesn't even have to be a vps, you can do it in cloud most of the time, google cloud would allow to do that too. No matter how you do it having your PC open for 24/7 doesn't really make any sense at all.

I don't know if it exists but I have always dreamed of a website that is primarily focuses on wallets and staking so everyone in the world give them their staking coins and that website stakes it for you and they take a cut from the profit and that way you do not have to stake it yourself and still have a wallet that stakes it for you without paying a single cent. That website could make a lot of profit by collecting their dust change from everyone which would combine to a lot of money. I don't know if that exists yet but I am sure it will exist one day and everyone will use that.

I think they are not really aiming at decentralized ways, they are Microsoft and they have millions (maybe even billions?) of computers all around the world so making it decentralized would have been easy but then it would make it hard for them to keep updating and keep improving so they do need to have an internet connection and connect Microsoft somehow.

Moreover, I feel like the system where blockchain gives us all individual wallet address and make us have our own identity via our wallet address could potentially work for Microsoft and computers as well. Right now all of our computers do have some sort of identity code that eventually can be traced back to Microsoft who probably knows even which factory it was made in. Hence blockchain could help that a lot.

LOL, HAMBURGLAR! That is freaking funny I don't know where these people get these nicknames from but that is awesome . Also, how the hell does someone spend 2 thousand dollars on mcdonalds? Like it is one of the cheapest food places in the whole world, even in countries where food could be more expensive (or cheaper doesn't matter) mcdonalds usually rank at the top of the list for cheap food places.

So, when you spend 2000 dollars on mcdonalds in Canada Toronto that is like probably over 100 burgers, which means either the person didn't actually buy the burgers but there was an inside job where cashiers help him get cash and pay with app and they made some money too, or dude didn't realize he was being robbed for weeks even months before he realized it.

Provably fair doesn't have levels like you think it does. Yes, eosbet is fully on chain and its a decentralized one with source code open and all that which makes it "provably fair" but there is no "double provably fair" or something, its as provably fair as any other casino out there that uses the same seed checking system for provably fair as well. Just to give an example primedice has been open for business in the past 6 years and their system is provably fair too.

When you have provably fair once then there is no way to make it "more provably fair" or something, its just that, eosbet has more ways to check their provably fair system but that doesn't mean they are "more" or less, hence why all of them are equally provably fair. Don't get me wrong decentralized casinos are literally the future of casino world but its because of website owners stealing all your money and running away with it not because of provably fair.

I prefer video poker game because it feels like the closest we can get to slots plus poker combined, it has a bit of both in it and that gives me joy since I really like texas holdem and I really like slots games as well. Plinko used to be my middle child since I played it after I played dice too many times in a row and one of the reasons why I switched from primedice to stake really and I played there a lot on early days, I feel like the result is already decided but every single time I watch it I tend to keep thinking THIS TIME FOR SURE . Stupid gamblers fallacy I know but it was fun. The first ever one that I always go back and play time to time is of course dice and I really like it but a person can gamble on dice for so long, sometimes I get really bored of it.

"Starting" a blockchain casino is simple yes but making it different from others is the big challenge. I remember years ago there was some help from moneypot company to create your own dice website. They were the "main bankroll" for many other casinos and they actually allowed you to start your own website and even give out faucet for free to your users so you can do better marketing and all they asked for is to use their own bankroll for your casino which was awesome for people with no money since every time people lost money you got something in return (there was difficult calculations I can't remember).

So, after a while I decided to use their system and you get a blank dice website in like 10 minutes easily even with a github, however making it better and bigger was so impossible compared to all other awesome websites I quit after a week of making barely any improvements compared to all big ones.

I am planning on retiring with this money to be honest with you. Each month I spend about the same amount of money and I always save a bit of it aside, not a big number but I am believing if I can save enough to the side then bitcoin will go up and altcoins will go up and that small amount of money I saved will become more.

Right now, that happened very well for example, I had a bit of money saved aside and it became more than it is double so I can clearly say I am happy with it. I will continue to do this as long as I can possibly do and put it at a side and when one day that money is big enough I will purchase something big like a house and rent that out and live with that money and keep working and put some cash aside as well, when you have your second house plus some cash you can actively retire in my country.

I think what people are mistaking is bitcoin doesn't have to be "currency" by itself, bitcoin could be like gold that supplements the economy but has the advantage of being used for purchases as well. I mean being able to purchase something with bitcoin doesn't have to be the main selling point for bitcoin, it is a great thing to have and I am glad we are capable of doing it specially online however it doesn't have to be the main topic.

Bitcoin could have that option but still could be like gold where people who have excess money that they saved over the years invest into bitcoin and wait for it to mature, you do not look at gold prices every single day unless you are some sort of margin day trader, any normal citizen in the world will look at it only when they need to cash out and bitcoin could be perfect for that.

I can't really appoint any of the topics as the "best thread" on bitcoins economics, unfortunately the real economics of bitcoin is to ruin the current monetary system via any means necessarily, that means being decentralized and doing whatever the market wants it to do with no boundaries and no rules at all.

Sometimes that is a good thing, for example we just moved from 3400 dollars to 8000+ dollars which is a lot of money and a big jump more than 100% profits in just two months however we also all remember the time bitcoin went from that 20 thousand dollars to first 6500ish prices and than as low as 3100 dollars. If you want to learn economics of bitcoin first learn how it all works technically and if you learn the technical parts of bitcoin you will learn most of the economic parts as well.

Bitcoin or any crypto currency is not something that could be shut down, no matter what you do. All the countries in the whole world come up with a ban that will stop all exchanges and all miners and everything in between and basically make it illegal to even own bitcoin and even after that bitcoin will still live as long as it runs on a single computer.

Considering they can only slow down bitcoin by doing that and dropping the price there is absolutely no logical way to shut down at all. You can't just take out wallets and close all computers that ever had bitcoin related things on them, its not possible, you can't even do that for small coins let alone something as big as bitcoin. Which clearly shows that Joseph Stiglitz has no idea how bitcoin works at all and should not be cared about at all.

I think corrections are not really on the plate right now, it will be soon or at least one day but right now it is above 8000 and its not looking like its going to back down right now. It still has fire left in it and it could potentially turn into over 10 thousand dollars. Corrections will eventually happen but for now we are at a point where we are not done going up just yet.

People are not willing to sell their bitcoins right now because they saw that its going up and it was about 3500 dollars just couple months ago so there are fewer people willing to sell their bitcoins and they are looking to hold it and make even more profits. That results with new people or even people who had bitcoins to go buy even more to profit as well, which all comes down to less sales whereas more buys and that keeps increasing the price and will continue to do so until the hype is over.

I think the adoption could be a cause for the correction. I mean it will have to be an insane price to even get to that point but after a certain number we would have to consider how much bitcoin is used daily and where you can use it and seeing it not that common in most of the world will make the price go down eventually.

People will come to a conclusion of "well I have this much bitcoin that I can't do anything with it, maybe I should sell it and actually buy something". In the end profiting is great but at a certain point people will say that they would rather spend some of that profit than actually keep it on their bank accounts, I would love to a billionaire one day but I am definitely going to buy great stuff until I became one as well. So, that adoption could cause some issues later down the road.

Freebitco.in is literally the most known faucet website in the whole world, you not hearing about it before doesn't equal to them not being famous, that just means you have not been around crypto for too long. They are one of the most reputable and known famous websites in the all of crypto world, they have been around for years and they have never scammed anyone so far. Hell people even abused their faucets with bots and all they did was ban those bots even after those bots withdrawn some money. So, just because you never heard of a website do not think they are not known to us as well.

Go to google and search for any crypto faucet keyword and you will see that freebitcoin will be either on top or on high ranks depending on the keyword. They just added the betting option recently and looking to fix the issues beta version is having.

Yeah, affiliates have to keep inviting people constantly and have to calculate how much it costs to get one person and how much you get out of a person on average. So, if you are a new person doing this then maybe you may not calculate it easily since you will not have too many people you invited to actually make a sample size but if you have been doing it as long as I have been doing it then you can calculate it.

All you need to know is see how many users you have invited and how much you have won and average it out, then check how many people basically saw your ads and how many joined and calculate that into seeing if your ads actually make you money or lose you money and then spend accordingly. Its rather easy when you get the hang of it but you have to constantly keep doing that.

I know the previous ranking of top 100 was shared on October last year so it has been a while since there was a new ranking but honestly showing some websites that we have not heard so far and not putting the great ones on top kinda makes us question the legitimacy of this ranking.

For example, at the top 3 there are sportsbooks that I have never heard before however when I check nitrogen or bitcoinrush neither of them exists in the top 100, how could you make a list of 100 sportsbooks with no nitrogen at all, I would kinda understand if it was on top but at least put it somewhere in that 100. When we do not see those amazing and mostly used crypto sportsbook websites in anywhere of that 100, we are not so sure about how correct the top 100 list actually is.