The machines are not getting confiscated, it will definitely have some affects on bitcoin for sure but that monopoly on mining will not go away completely. Maybe they will prefer to take them all and go to Iceland because they will pay less on both electricity (less than many countries, more than china) and have fewer concerns over heat obviously?
Maybe they will go to usa and build a completely renewable energy place? Maybe they will go to somewhere that is third world country that will accept them for small amount because even that small amount could make a difference there? I don't know what would be the next step for them but when there is millions of dollars at stake no company will say "oh its banned ok time to stop" I know that much. There is too much money involved.
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You can connect people directly from here to there but the place you should be looking for this information is not here. You should talk with the places you have there first, see if you can actually get a job or find a task or something and see if you can move from there to global instead of global to local.
The path to success is different for everyone and it involves a lot of luck and skill at the same time, luck is basically preparation meets opportunity so be ready for the chance. Go out there talk with them and ask what they need, list down what they need and go looking for things that will solve that need and if you can find a need with a lot of needy and a solution to fix that need than you can make a killing from it. Find the problem first, focus on the solution later.
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I don't want to do the whole "greed is good, greed for lack of a better word is.." nah, that is gordon gekko and I am not him, greed is not something that we look for, its not the actual reason why we do things we do, but what we need and our goals do require a bit of greed.
When you create a new coin you are greedy and you think others haven't seen the ways you seen and you want funding so you can go build the thing you wanted to build and not only build it but have most of it as well and than improve it, hire best developers, great designers, amazing marketers and have a cult following, you want to be a god.
Now, because you are greedy, it sounds super greedy but its because you really think it will help the world. You are doctor doom, your motive is justified but your actions are not.
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Could it? Sure why not, not like forever or not to a point where bitcoin is dying no, but could it bring it down a bit? Sure that is totally possible.
I think tether is already hurting bitcoin more than it shows and because of the option of having tether people are moving much more carefully now, they didn't do that back in the day but now they are being more careful with their money, back when tether was absent people either had coins or they had money, nothing in between, no stable token which meant they were either in or out which helped us become more fierce with our investments and go all in instead of playing it safe. That is why I think people should be focusing more towards what tether took away from us already instead of worrying about what it could potentially do.
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I didn't even think about that token being for real, I was just playing with it like it was "play money" and actually made some returns with it wohoo!! If I didn't stop by here today and read what happened and what you guys were talking about I would have probably lost all of it because i didn't think that was real money, was playing like it doesn't matter at all.
I don't know if it was x20 wagered already or I need to wager some more but I am pretty sure as long as I am not at 1 token that is still a viable withdrawal amount, since I am on profit right now all I gotta do is to make sure I do not lose much, play games that have high chance of return and make sure I keep at it carefully for a longer period of time and than I will be getting free coins, that is the biggest promotion I know, you should totally market your casino that way.
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I guess he just has a prejudice against the topics created here and what people write back about. I mean no reason for him to be so angry and be in attack mode without anyone ever saying anything bad at him. There is not a single post that says anything bad to them yet they have written 2 posts that is defensive and attacking at the same time. Either that means they have no clue why other topics got blasted or they are just way to insecure about their products.
The only posts here are people who say "this is gambling, you provide service, you are not a casino, open it on service discussions" which is really just a way to help OP because it is really the casino place and he is not providing a casino, he is providing a service and the other messages are him trying to attack negative comments that doesn't even exists.
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The first posted thing is basically martingale but with extra steps (so you do not lose all your money with couple loses in a row) however it forgets the real reason why you can't win in a long term, "house edge".
I mean if there is house edge, and unfortunately its higher in freebticoin, there is no mathematical game that could make you win, doesn't matter how smart you think you are, doesn't matter how much you actually won with your strategy, no matter what you do, as long as the house edge is there there is no way anyone can win with a strategy.
Of course, you could play a bit and suddenly hit a big win and leave, that is still possible and you should try that, hope for a "big win" but aside from that there is no strategy that can help you win in any game with house edge.
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It is just another news that showboats how amazing crypto and bitcoin is (blockchain as well of course) in improving our system but not the way we want to. They are focusing on how strong the technology behind it is and how they could make transactions much faster much reliable and a lot cheaper, this is not what we focus on.
If a bank starts to deal with blockchain tomorrow and do all their transactions in bitcoin or whatever coin they want and make a lot more profits thanks to the savings they had from moving from old system to blockhain that would somehow affect us ? No, that would only increase the bonuses of the CEO's and that is it, we wouldn't see any benefits from it, banking is a system where it needs to keep the profits high at all times and we need to break that cycle with bitcoin, not help them, destroy them.
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Why would it go lineer? When has it ever went lineer? If anyone ever tells you the predictions for bitcoin price and it is always going up, like ALWAYS going up than you know that its incredibly wrong. Bitcoin has NEVER been lineer for that many months in a row, not even on the bull run that brought us the 20 thousand dollars all time high price it wasn't going up all the time. That is why if you see stuff like that this predicts bitcoin price going up constantly than know that they are just making it up.
It doesn't take much to not even create an account and just post some silly unwitty totally made up not making any sense numbers on 4chan. It has been the cancer of internet for years now and if you take your economical predictions from 4chan than I am sorry you gonna be sad in the end.
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It is not about the technical analysis when it comes to full on huge bull run, like small ones we had before is definitely possible even during a bear year, look at 2018, we had many days where bitcoin price went up, I distinctly remember bitcoin prices moving from 6.5 thousand dollars to over 8 thousand dollars last summer and everyone was excited about going back to 20 thousand dollar, than it went down, I remember before Craig Wright sold a lot of coins we were at 6.5 thousand dollars and was expecting a new increase again right before it went down to 3 thousand dollars.
So, all in all bull happens all the time, that HUGE bull that took us to 20 thousand dollars happens once in a while, in order to beat that we need to break all resistance ahead of us and if we do than usually there are no more big resistance left so we move very quickly to high prices.
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I guess "scam" is not really what this is about, scamming only happens when the casino literally takes your money and doesn't pay you the money they owe you. This is more like a person losing a certain amount and blaming the casinos for that, how could a casino scam you when they have provably fair games and house edges that will literally make sure casino never loses money anyway? What would be the reason for a casino to steal your money when you will literally just play there and lose your money there anyway?
If you come to my house and offer me your money, I will take it, I will not just say "no" than steal it from you. This is typically gambler who lost money on a house edge game where he was suppose to lose anyway and then claim he was scammed.
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For freebitco.in, the only thing people want to play there and try to get their affiliates is because it is still the best faucet ever until this day. And there is so much benefits that they offer like lottery and competition all the time and that is the only reason that I can think about their affiliates program. Despite their 5% house edge, there is so many things that they give out to players for their benefits as well
Yeah, that is their shtick to be honest with you, the house edge is amazingly high compared to any other place but they give out sooooo much thing that in the end it becomes like "you don't think you can win other casinos? Well here you will certainly not win but there is a small chance you gonna win a HUGE amount all of a sudden". I mean on %1 house edge places you lose anyway, not like you win in any other casino, so here with %5 house edge you will DEFINITELY not win but from free faucet to rewards to lottery there is a chance you hit it really HUGE once and that is all you care, no matter how much you spend there is always a chance you get to win big. Other places do not offer that, they offer better house edge but you end up losing anyway, here you lose but at least gives you a big win chance.
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These altcoin price discussion all comes down to market prices. I doubt any coin could go way too much without all market going as well. I have seen coins make x2 returns while market is bad and that is good, who can make x2 in any other investment but when it comes to bitcoin and altcoins you can have as much as x10 and wouldn't be shocked, that happened multiple times before and it could totally happen again as well, however no coin will do more than x2 ever without market going up as well, if all coins go at least x2 than some of them could go x5 but without all coins going up like that no coin will ever do x5 all by itself.
Binance is one of the best coins out there, its definitely on my top 5 but do not expect it to make you too much money while market is down.
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I think we can shorten it by saying "there was a lot of people selling at 4200, we tried to buy them all but failed many times, however each time we tried the resistance eroded, last time we tried we broke it and went higher". That is the clearest explanation that can be given, its both a technically analysis stand point that the resistance level is explained but it is also a very simple terms that anyone could understand, that way we are explaining TA like we are talking to a small child.
I mean that is what happened honestly, when you try to break a number and fail you either go down a lot or you go back up and try again, we went to 4200 multiple times but we went back up, now it is time to break the next level by trying to buy as much as we can, maybe go back down for couple of times but each time we reach the next resistance we ease it a bit.
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The hardest is breaking the barriers of usability. I mean most fiat currencies in the world has exchanges all over the world, you can go to any country and find a place to change your own national currency into their national currency and live there or spend money, bitcoin is still not that easy.
So, when it comes to not being able to exchange fiat to bitcoin easily the projects only rely on the people who had done it before and can do it anytime they want. That is a lesser amount than the people who use fiat which is basically everyone. That is why I think the adoption rate is so vital for the projects, if the adoption gets higher than the companies and projects will get higher as well, we need to focus on investing and improving projects that will help adoption rate among people who are not involved right now.
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The good thing is as a calendar year the 2019 looks as a whole much better than 2018. Not that 2018 was always a bad year anyway but because 2019 started off with increases towards 4200 right away, it didn't break it until recently but it was at least working towards it, 2018 didn't see anything positive like that in between all those bad beats.
This year we are seeing some increases and hopefully the increases will continue but even if it doesn't I am fine with the price constantly working to break upwards, even if it fails it just shows how it is trying. We should not forget that even if it "tries" to be higher that is better than going down, as long as the price stays above 5 thousand I am fine with not breaking 6 thousand but it looks like it will break that price as well eventually this year.
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The cryptocurrency world has been built upon the idea that we will not have regulations and the free market will decide whats what instead of really relying on the fact that governments do whats "best for the country" and so forth, which means if there is a new listing and people decide to sell it for cheap that means the coin is definitely not worth it and people want the profits and not be part of the project.
Think about it, if a project was so good why would anyone sell it the first second they could? They wouldn't sell it but instead buy more if the project was good, however since most of the projects are bad than the investor just wants to be part of the people who sell early and make a big profit, that's all. There is only one solution and thats not making bad projects.
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I think I am on the bull side because even though I sold my bitcoins I am still working towards more bitcoins which means I have sold at a lesser value but I am buying from a higher value (bad for me but good for the market) so I am still hoping to get bitcoin to a higher price.
Hopefully, I with the new hype around bitcoin price we will be capable of creating an environment where everyone wants to buy bitcoin, if we can create that huge hype we used to have than we can reach back to those 20 thousand levels as well. We need to make sure people are really believing this new increase, everyone should see this as something huge and not something temporary, that is the talk now, is this for real or is this just temporary bounce that will eventually go back down.
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When these type of increases happen that shows us how it is not just a lucky increase that is small and all that but it shows us how it is actually a good increase that actually gets bitcoin alive again. I mean we have been so down and under for the past year that we are used to bitcoin either going down or staying same, whenever bitcoin went up it was for a small amount (couple hundred bucks) and never really changed much since it also went back down.
This one is the first big increase I remember since last summer (when we went back to 8 thousand) and the first actually non drop increase (so far) since 2017, so this is just so huge that we as living in it may not realize how big this was until we go back and check on it after couple more months or even a year.
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They have never left to begin with. The fact that whales have helped us get bitcoin to 20 thousand dollars doesn't mean that is all they do, they did that because they profited from it as well but than at 20 thousand dollars it required so much more money to take it any further and realizing that fact they decided to make money from going down as well.
At around the same times there was futures selling on bitmex started and they sold their coins and bought short futures as well and that helped them both get the price down and still make profits, they did that to a point and dropped the price. After dropping it as much as they can afford they realized now it costs to keep lowering the price so they stopped. Now they are aiming at making profits from going up as well. Basically they never left, they just made money in any direction.
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