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81  Bitcoin / Bitcoin Discussion / Re: Can you say you made money if you never actally sell your coins? on: February 18, 2021, 06:44:03 PM
Should you hodl forever?  Does everyone have a price?  What is yours?   Huh

I think it's hard to say that you make money if you just hold your Bitcoins. Rather, while the price of Bitcoin is rising this is accumulation of capital.

Because you don't really get anything during that time until you sell a coin. This is not an asset from which you can receive any passive incomes. This is my point of view.
82  Bitcoin / Bitcoin Discussion / Re: BTC vs GOLD on: February 18, 2021, 06:35:49 PM
According to JP Morgan BTC has affected Gold market and increase in popularity of Cryptocurrencies will impact Gold market.
What you guys think about that?


Courtesy- Financial Express

Continued gold production, which is likely to increase in the coming years, is in stark contrast to BTC's fixed supply. As we know, Bitcoin is designed to have a fixed supply of 21 million units.

This fact as well the direct influence related to political decisions of the United States, the Federal Reserve and others is becoming more and more noticeable, and this will affect the desire of buyers for the precious metal, in my opinion.
83  Bitcoin / Bitcoin Discussion / Re: In the early days of Bitcoin ... on: February 18, 2021, 06:22:16 PM
If we knew what would happen in 5 or 10 years, things would be different. No man cannot assume that Bitcoin will reach such levels in the market unless he has had exclusive faith in it.

I think there are a lot of people who got Bitcoins easily a long time ago, but they didn't pay attention to them, which is normal.
84  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Nano specultation (DAG) on: February 17, 2021, 11:23:35 PM
Well let's speak about this coin wich allows free and instant transactions.
Isn't this the main goal of crypto? Cheap and fast?
Lot of time of acumulation under 1usd...
Someone else believes on it?

Its risky i know, but it isnt a good store of value?
What are your thoughts?

No, it's not only about cheap and fast transactions. You have it now with Tron and many others.

It's more about eco-system and usability, and here DAG is behind. So I will skip it.
85  Alternate cryptocurrencies / Speculation (Altcoins) / Re: POLKADOT - Closing in to 4B USD market cap from its recent spikes. on: February 17, 2021, 11:00:22 PM
DOT’s price will reach $60 during the start of the year and the price could be stable for several months with fewer price fluctuations.
as for today, the price of DOT itself already reach $30, so i think this coin is quite good and stable coin to keep for now.
At the end of 2022, Polkadot can reach $80.
we just need to wait.

Polkadot will be one of the biggest winners this year.

We are reading bullish news almost every day, like the latest:

Goldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s Crypto
(https://www.coindesk.com/goldman-sachs-jpmorgan-ubs-are-trading-an-etp-tied-to-polkadots-crypto)

and

Polkadot’s roadmap for full launch fuels rally to all-time highs
(https://cointelegraph.com/news/polkadot-s-roadmap-for-full-launch-fuels-rally-to-all-time-highs)

I plan to hold DOT for at least another 6 months now.
86  Economy / Gambling / Re: which are the safest sportbooks to play? on: February 16, 2021, 11:24:14 PM
What are the safest and most reliable sportbooks at the moment?

are there direct opinions of those who have won a lot and have always been paid?

Thanks for your help

Unfortunately, the most stable and safest site I know is not crypto - Pinnacle. They are not banning or limiting players, even the whales.

For crypto betting, I trust most in Stake.com. The second place is going to Playbetr.com.
87  Bitcoin / Bitcoin Discussion / Re: First pilot website of Tesla's BTC integration on: February 16, 2021, 11:04:05 PM
Cool! I can't find any information is Tesla going to convert Bitcoin to Fiat or will it keep as crypto?

Kraken from the partner list gives it additional credibility. Kraken is one of the few exchanges (with Binance and few others) that have a real accountability over the private key in their internal network.
88  Economy / Gambling discussion / Re: The gambling black market thrives in Britain on: February 14, 2021, 11:29:41 PM
The UK requires a separate license. For example, Curacao licensed sites are not the UK licensed.

Every site that doesn't hold the UK license is a 'black-market' site to the BGC. E.g., 99% of the crypto sites are black-market.

So the article and data are misleading to me. People are not gambling in some dark illegal rooms; they are just using non-UK licensed sites in most cases.

89  Economy / Gambling / Re: 🎲BetFury.io|⚡️Free BTC|⚡️$3mln Divs paid|⚡️$200K Jackpots|⚡️$1mln Cashback on: February 14, 2021, 11:11:35 PM
In any case your BFG tokens will be saved on your Betfury account. In the near future, when there will be a listing, you will be able to exchange your tokens for one of the proposed cryptocurrencies

I hope that BetFury will have a built in exchange on their casino. I have dust amounts of BTT, USDT, and TRX that add up to a few dollars but individually it is not worth withdrawing them. I would rather just consolidate everything by converting it to BTC.

I am not sure if it would be easy to get licencing on that. I mean actual exchanges are attracting more regulators. And casinos have been already been in a gray area and under radar in meny regions.

BetFury.io doesn't need a license if the exchange is crypto to crypto, as those in Crypto.Games, DuckDice, and many more.

@FinneysTrueVision is right. Having an on-site exchange is convenient to clean dust or switch coins without the withdraw-exchange-deposit cycle. So I hope that BetFury.io will make one soon.
90  Bitcoin / Bitcoin Discussion / Re: Happy Valentines Day on: February 14, 2021, 10:23:21 PM
Happy Valentines Day too!

I'm 'celebrating' with a bottle of vodka, watching the price rally and wondering what to buy next. Being alone is not the best thing in the world, but at least I don't have additional spending and can buy more coins Cheesy
91  Bitcoin / Bitcoin Discussion / Re: Can China takeover Bitcoin network? on: February 14, 2021, 12:58:29 AM
In theory, investing a lot in miners and threatening the rest of the China miners, they can.

But it's pointless. If China takes control over the Bitcoin blockchain, they will cross the Rubicon, the price will plunge, and people will leave Bitcoin and move to another crypto.
92  Alternate cryptocurrencies / Altcoin Discussion / Re: Privacy coins will be next trend? Your top privacy coins. on: February 13, 2021, 10:54:51 PM
I think that the privacy coins will remain niche coins.

The next (current) big trend here to stand is DeFi, which will not change for at least another year. People love making money and DeFi is the perfect option for that.
93  Alternate cryptocurrencies / Altcoin Discussion / Re: PoW vs PoS: is it matter in terms of coin's value? on: February 13, 2021, 09:59:54 PM
What's up, guys!

Recently I came across an opinion that "only Proof of Work (PoW) coins are worth investing because they are the real sound money, backed in the energy consumed to mine them".

On the other hand, PoS coins are based on nothing, created out of the thin air, and generally have the problem of having high concentrations of the initial offer in the wallets of the founding institutions, developers and initial investors of the crypto project. For this reason, many are considered scams because they are only waiting for a market valuation to be able to offer the reserves they already have and make a profit.

I found the argument quite reasonable, although clearly radical. Personally I think that what defines the value of a crypto is its usefulness, its use case.

But I was really intrigued by the argument in favor of PoW coins, which in addition to their usefulness, would have their value defined by the cost of the energy used to mine it. That is why they could be considered a less risky crypto investment.

The criticism, moreover, of the high consumption of energy to mine the coins is answered with an ingenious argument that this would be a more efficient way to store energy (in the form of coin) that can be used indefinitely instead of being wasted as it happens to maintain the current financial system.

That said, I would like to know your opinion on this discussion. Does the argument in favor of PoW coins make any sense to you?

I would love to receive some reading recommendations (short, long texts, other threads on the subject) to deepen the topic.

Thank you.

Except for Bitcoin, I find POS coins to be more valuable. Even Ethereum is switching to POS.

POS is 'cleaner' than PoW, and staking creates scarcity that could lead to a price pump.



94  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your predictions for the next Alt to pump after what happened to Doge? on: February 13, 2021, 09:24:46 PM
I'm curious what other users thoughts are as to which Alt is going to see an insane pump like we saw the last few days with DOGE.

I made a decent profit yesterday on DOGE (400%) and I'm glad I sold them when price peaked.

For the sake of transparency I hold the following Alts ($ value in descending order)

BNB
DOT
AVAX
ADA
LINK
ATOM
TRX
XTZ
EOS
XRP
ETH

You, I, and the other forum members cannot guess. We could only speculate (wrongly most of the time). The only way to know it is to have insider (access) to the Wallstreatbets admin or some of the other similar groups.

If you want to gamble on this, follow Musk and other 'influencers' and buy when they tweet about some coin. Being one of the first buyers are your chance for profit.

95  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: My Binance account got hacked on: February 13, 2021, 09:12:40 PM
Now i leave that account. I won't use it again. Bad luck for hardworker hacker Grin. And i spend almost 7 hours to remove my all account details what i stored on some drive site.

I suggest you claim it back. Never leave accounts to hackers and scammers. As of now, they have at least some piece of information about you. And if you leave the account like that, the hackers can use it further.
96  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The future of AME on: February 13, 2021, 01:02:46 AM
Amepay project has launched with great expectation. They have already listed in some top exchanges like MXC, Bithumb Global, Bkex. Also, they are now partnered with a big company like Ferrum. In spite of all these efforts price of AME keeps falling. Do you think it will recover and cross its IEO price of 0.02$ this year? They said more top exchange listing on the way.

I tried to ask a few questions in the AME Telegram group about the buggies exchanges, blocked withdraws and fees, and they were very rude. Also, every second answer was 'soon'. This discourages me from investing more than $100 in AME, and I guess I'm not the only disappointed person there.
97  Economy / Gambling / Re: Cryptocurrency value display on: February 12, 2021, 11:17:31 PM
Hi,
I had been playing full-time poker for a few years, mainly played at P* & ipoker. Now I got interested in the crypto world.

I've tried playing poker on those bitcoin sites. Found the conversion weird. Joining tables where big blinds are not displayed in usd, and in btc instead makes me feel a cognitive overload.
How do you feel about tables in btc? Have you got any advice on how to manage those?

You made the right decision to switch to crypto poker. I stopped playing in PS after they sacked the Supernova/Supernova Elite.

The solution is to ignore the dollar value. It's normal for crypto sites.

If you have 1BTC bankroll, you have 1BTC bankroll == 100 buy-ins for the 0.1/0.2mBTC tables.
98  Bitcoin / Bitcoin Discussion / Re: If BTC were to permanently freeze at one price , would you buy ? on: February 12, 2021, 11:03:09 PM
So let's say BTC was to be absolutely frozen from here on at todays price ,would you still buy?

I don't think BTC was intended as the speculation tool it has turned into .

Who on here regularly makes purchases using BTC ? 

It depends. If only the price is frozen, but lending, staking and DeFi still exist, yes, I will buy it to make more money.

There are many other ways to gain value besides the dollar crypto price.

99  Bitcoin / Bitcoin Discussion / Re: America's oldest bank, BNY Mellon will enter on Bitcoin on: February 11, 2021, 10:58:48 PM
I don't think this is the reason. BNY Mellon maybe is the oldest American bank, but few of the regular guys know it.

I think that the market now will swing between $42-$49k for a while until the next positive or negative "big news".

At least their CEO is right - digital assets are becoming "part of the mainstream."
100  Bitcoin / Bitcoin Discussion / Re: Can we get another golden oppurtunity to buy? on: February 11, 2021, 10:21:17 PM
Like many bitcoiners im one of the people who didnt bought bitcoin at 6000$ or even 15k or 20k$ and i wonder if its possible to see bitcoin in at least 20k again
If no should i buy now or wait more to get lower price ?

It's always a good time to add more coins to the HODL wallets.

But if you ask when we will get another opportunity to buy a CHEAP Bitcoin, I'm afraid it may not be soon with all the hype around.

Just buy small amounts when you have a free fiat that will not hurt your budget.
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