Yeah, it does have a bright future. If people keeps on using bitcoin and eventually starts accepting bitcoin, it will become a mainstream currency. When Satoshi Nakamoto created Bitcoin he put its supply at 21 Million. And already 19 million Bitcoin has been mined. For this limited supply the purchasing power will increase day by day. Bitcoin follows the low of supply and demand. when the demand for Bitcoin increases, the price increases.
Supply is limited and event though 19 million bitcoins have been mined, there are thousands that has been lost forever. So it makes bitcoin even more scarce than ever. -snip-
Bitcoin follows gold.
-snip-
Nope. Bitcoin doesn't follow gold and it is better this way. We shouldn't compare bitcoin with gold. These are two different things. The only similarity is that we all accept that gold and bitcoin has a value and will have a value in the future. We moved from using Web 1.0 technology to Web 2.0 technology. Still using Web 2.0 technology. The biggest advantage or feature of Web 3.0 is the integration of Blockchain technology. Blockchain technology is all about cryptocurrency in the transaction process. So the future of Bitcoin is bright.
Bitcoin has nothing to do with web3. |
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I doubt "craving" for gambling has anything to do with "how disadvantage" the family is. The amount of rich people that gambles is more than those of people that can't afford to gamble. Both the super rich and the poor loses a lot of money, but you hear more about poor people gambling and losing everything because their sad story sells more.
Gambling addiction lesson in school? Sure, why not? If they can give lessons about drug addiction, then they can also give lessons on gambling addiction. In fact they should make the kids aware of all kind of addictions and their harmful effects.
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No one knows if meme coins are going to make it to the next bull market. It is like gambling when investing in meme coins. Has more risks than regular coins. Most meme coins are shit coins. Probably they will get pumped and then dumped and lots of people (that are dumb and greedy) are going to get scammed during this bull run. Other meme coins that are well "established" might survive but depends on how much hype they can create during the bull run. Like the last time, if Elon starts saying something about doge coin, we will see it skyrocket once again.
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-snip-
1. The Founder Of FedEx Saved The Company By Gambling In Vegas.
-snip-
This I hope doesn't encourage people to gamble. He got lucky. Not everyone gets lucky like him. If that was the case, we would be seeing lots of millionaires today. Just someone very lucky. 4. Some Gambling Addicts Pee All Over the Gaming Floor.
That's disgusting but I doubt this is true. Maybe for those that has weak bladder or something? I doubt the casinos would like it when people piss all over their floor. |
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That is not the reason. They aren't investing in bitcoin because they are afraid of "new kind of money" like you stated. They aren't because they don't know what bitcoin and crypto currencies are. They aren't aware how it works. They aren't interested in crypto currencies. Or they just think it is some sort of scam because of all the negative media and press that spreads around. In other words, lack of awareness. And I am sure most of them don't because they don't have money lying around to invest in something very volatile as crypto currencies.
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If you are thinking about "free money", no one is going to give you free money. If there are site that gives "free money" like faucets, they aren't actually giving you any free money. You are doing something for them. You are watching advertisements or clicking on some random stuffs and you generate revenue for them and they give you peanuts. It is not worth the time you will be spending. You can't generate money for free. You have to earn it. And the only way to earn money is to work for it. Go get a job and sell your skills.
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https://www.youtube.com/watch?v=n41GPPhLkhI&t=30sKeeping in mind the most important factor, without gold and silver, all electronic equipment wouldn't exist = bitcoin would not exist. Computers, phones, tv's, etc ALL require silver and gold to be manufactured. What are you trying to say here? Would have been better if you explained a little what's happening on the video instead of making us go through the whole video. But right now, at the current state, bitcoin is a store of value. People are using it more as a store of value than as a regular currency for making day to day transaction. Look at how many people are holding bitcoin and how many of them made a good fortune out of it. Maybe in the future when bitcoin and crypto currencies become main stream, people will use it as a regular currency. |
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We all know how volatile and unpredictable the cryptocurrency market can be. One month, a coin may be at its peak of value, and the next, it may have almost no value at all. Unfortunately, this is simply the name of the game when it comes to cryptography. But what would happen if the oldest and most valuable asset on the market, Bitcoin, dropped to zero?
-snip-
Those are some shitcoins that you are talking about. You will see them on coinmarketcap trending (i don't even know why cmc doesn't filter those shitcoins. All they do is lure newbie investors) now and then. They get pumped for few hours, and then dumped. Most of the time you won't be able to sell. Or there are some "taxes" that you pay to the developers and you end up losing money (even though the price goes up). Those are the coins that goes to zero. But bitcoin will highly unlikely go to zero. As long as there is someone buying, bitcoin will always have a value. |
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Yeah, they mimic other casinos. As long as they are legit and are actually paying their players, then it is fine. But I don't know why they copy other casinos. Probably because they feel it is less riskier to build/make completely new than to copy something existing. This way there is a low chance of messing up things and they will be able to attract users from those casinos (people tend to play on casinos that they are familiar with). But then again, as more casinos starts to copy each other, more competition will build up, causing them to gain less users.
Creating something new and unique might be hard and risky, but it is worth the risk.
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Keep or sell ethereum before the merge?
I've made some researches and found plenty of rumors saying that ethereum will dump after the merge and why's that?
If you are in profit and you don't want to take any further risk, sell during the first few days after the merge. It will very likely get dumped after the merge. Lot's of people are investing now in Ethereum with the hope of making profit. So the price is going up. Once the merge takes place, people will sell their coins to take the profit, hence the price will fall. Remember, buy the rumors, sell the news! |
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For obvious reasons the supply of bitcoin is limited and you can't "contract" or "expand" the supply. Imagine "contracting" the supply of bitcoin and your coins vanishing from your wallet. How would you feel?
Why does it have to be based on something that has value? Bitcoin has it's own value. We, the people determine the value of bitcoin. Fiat currency isn't based on something that has value and is printed out of thin air whenever the government wants. At least bitcoin isn't controlled by government or centralized organization where they can fix, add or remove supply.
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A good casino would already have at least most of the features or rewards that you have mentioned. But depends on lot of things. People that shouldn't just "sign up" based on what they read. Those "vouch sites" and "review" sites mainly gets paid for promoting their casino. Most of them receives a large portion of revenue share, so of course they will only promote casinos that gives them more revenue share (and they will deny this and say that they are "very" neutral. But if you look at their list, you will know that they are getting paid. You will see casinos on their list that has some serious scam accusations here). Don't just sign up because you see that they have high rakeback percentage. Look at the house edge. Most likely they have much higher house edge, hence in the long run, you lose more to them than those casinos with lower house edge.
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Is this project called 'Trident Protocol' a good one to invest money on? They said their fund raising is happening on pinksale, what do you think about the project? They have high APY, https://Tridentprotocol.com Lol, you have to be too stupid to think that this isn't a scam. You really think investing $1,000 will make you a multimillionaire within a year? They make it look so good on papers, but in reality, you will receive nothing. It says you will receive $TRIDENT (which is their own currency i think), not USDT. The value of that coin will likely be almost zero. Any high APY projects are most likely scam projects. Don't invest! |
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The rise of KYC in many casinos, even in well-known and reputable casinos, makes many gamblers feel that their playing time is almost over because those who previously did not need to do KYC are now forced to do KYC.
The casino argues that the selection of KYC for users is random and not based on anything. But still, the gambler who gets his turn to do KYC feels that he doesn't need to do KYC.
This also seems to be the case in crypto-based casinos as many of the casinos that previously didn't require KYC now do KYC randomly. And many of us complain about this, even though we know that casinos have written about KYC in their regulations. But still, we can't be free and calm in playing gambling, especially to withdraw the money.
Is this unavoidable in crypto based casinos? Or are crypto gamblers also required to do KYC? If so, crypto can't be as anonymous as it used to be because we realize that today's governments have gone too far in controlling a person's identity and what they use the internet for.
And will this trigger crypto-based casinos that use wallet logins to develop better because they don't need to register as usual and only need to connect their wallets to the casino? Or do they also need to do KYC? Or for this type of casino can still be "forced" to do KYC?
Yes, it is unavoidable. You need license if you want to legally allow players of from different countries to gamble in your casino. The license will determine which countries you can serve based on the laws of that countries. Now if they want to keep their license, they will have to identify their customers based on some factors, hence KYC becomes somewhat mandatory. It can be unavoidable if the casino never interacts with the fiat currency and keeps their identity hidden. But then again, the players will be at a huge risk. |
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Because most people don't know how to use bitcoin. They think it is something very complicated. They follow the media and all the media does is spread FUDs. Hence they start thinking that bitcoin is a scam. They think it is not safe to keep or hold bitcoin. I mean look at how many times you will read about that one guy who lost his 7,500 BTC (i have read this seen this same news floating around so many times that I even remember exactly how much bitcoin he lost) and is now searching for it at the landfills.
And then there are countries where the laws about crypto currencies aren't clear and confusing, hence businesses thinks that accepting crypto currencies is some sort of unnecessary risk for them.
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Because they never researched the market and they thought they could make some quick profit within short period of time. Most of them invested due to FOMO and when they see the price crashing, they start regretting. -snip-
The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.
They aren't investing in just some altcoins. They are investing in random shitcoins with the hope of making some quick profit over night. If they had invested in one of those top altcoins, they wouldn't have lost a lot. If they invested in Ethereum a few weeks ago, they would already be enjoying some nice profits. |
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$40,000 USD is nothing and it will once again hit that number anytime soon. Remember, the $40,000 USD isn't even the all time high. Look at the charts. The price always reaches a new all time high and then after few months or years, the new all time high gets beaten and another ATH takes place.
Since you are a new trader, I would suggest you to learn the market first and know about the volatility of the market. Bitcoin can be $40,000 today and it can be $20,000 tomorrow!
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Quiz told me that I am moderate-risk gambler. I always felt like I am very safe with it cause when I gamble I generally do not go all in so my losses are controlled. But I guess my desire to not lose money hides my risk. If I lose a lot of money I tend to bet with bigger amount.
I think to hit low risk gambler in this test you should be prophetic - which is nearly impossible.
This is what a "about to become" gambling addict thinks (i am not calling you a gambling addict). He thinks that he is betting safe and spending only as much as he can afford and that he isn't doing anything wrong. But eventually as he starts winning, he is going to think that he has extra money from the wins and can bet more. The same goes when he starts losing. He thinks that he can win back all his losses (since he was able to win before) but eventually ends up losing everything. Goes around begging for money only to gamble more. |
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Crypto currency is not a get rich scheme,
Many want to invest today and be rich tomorrow, which is very wrong, it takes some times to make it in the industry, just 2 or 3 coin is enough to change your story, not by buying all coin you see, ease and patience wins the game,
And always caution your self, do not rush to buy a project, or be carried away with some influencer shilling a project, only few are trustable, others are just working for the money been paid to them,
Let's be guided...
Of course it is not a get rich quick scheme. But still some people think that they are going to be rich over night by investing in crypto currencies. They invest and when they see the price fall a little, they panic sell and then starts saying that bitcoin and other crypto currencies are a scam. The worst are the people that invest in scam/shit coins after seeing the price get pumped. They literally lose everything they invest and encourages those developers to scam more people. |
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I don't think employers are able to screen for gambling problems. How would they be able to do that? Waste of time and resources for them. It is not like someone steals money from the company everyday to feed their gambling addiction. They can't screen their employees, but I am pretty much sure that if they somehow gets to know about their gambling problem (even if they don't steal money from the company), they will get into trouble and likely lose their job.
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