When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.
Will the price pass 100k$ next year 2024 for buys to make their gain?
I guess that two types of traders would buy at 100K USD. 1.The people, who believe that the price would go to 150-200K or a million USD.  I'm sure that there will be such investors, when BTC hits 100K. Maybe most of them will lose their money. 2.The traders, who want to do shorting and benefit from a price drop, A.K.A "the bears" on the market. It would be nice if they short their BTC at 100K and sell the BTC at 100k when the Bitcoin price had dropped down to 50K or lower. This is still a pretty nice profit. Anyway, I'm one of the people, who think that Bitcoin would never reach 100K. Even the biggest price pump in Bitcoin's history won't push the price above 70-80K USD. |
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The rich people became wealthier because of the big central banks and their money printing machines.
Inflation is "tax over the poor" and it benefits many companies and rich people, but we have to know that the rich people didn't create the inflation.
The rich people pay low taxes because there are problems with the tax legislation, which create legal opportunities to avoid high taxation.
Many rich people are investing in polluting industries and so what? This is perfectly legal in most countries. Did anyone declare it illegal?
The billionaires are simply taking advantage of a rigged system. The people, who are maintaining this rigged system are the politicians and the central bankers.
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OP, your forum thread looks like some article, which is promoting e-sports betting. I don't really think that most of the sports bettors are "attracted" to e-sports betting. Traditional sports betting will still dominate the gambling world for years. The e-sports industry will grow for sure, but I highly doubt that e-sports betting will become more popular than traditional sports betting. Can you somehow prove your claims that the odds on e-sports betting are fairer than traditional sports betting odds? I have the feeling that this is a bold statement. |
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Hello,
From what I read, someone who sells btc sometimes has trouble receiving the fiats in its bank account. If the sum is large, the bank turns on all its red lights. I guess it's not a problem for someone famous, but for an ordinary citizen, how it happens if he lives modestly, recovers his private keys that he lost 10 years ago and finds himself with millions?
Offshore banks and offshore companies are a thing. Have you asked yourself why trillions of dollars are being kept in offshore companies located at "tax heaven" islands? The rich people are using such companies because they are very convenient. Selling big amounts of BTC in centralized exchanges seems very risky to me. I guess that the crypto whales are negotiating big deals with the crypto exchange owners and they sell them their BTC outside of the crypto exchange platforms. Obviously we are not crypto whale accountants and we don't know how the crypto whales are moving their wealth, so I'm just guessing. |
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- The economy is not going to crash into a recession
- That there will be an actual soft landing
- That the Russia - Ukraine war will not escalate into a European war
- That Gensler CAN'T truly ban crypto
- Institutional investors will come back and take Bitcoin to six digits
I'm probably missing more narratives, but you get the idea. 1.Even if there's a recession, there will be recovery after the recession. 2.I don't know what exactly do you mean by "soft landing". A recession doesn't necessarily mean a nosedive crash of the economy. 3.I'm also positive about the war in Ukraine not escalating into World War 3. 4.Gensler doesn't want to ban crypto(maybe except the shitcoins). He wants the big crypto companies to follow the rules. There's nothing wrong with that. 5.The institutional investors will come back somewhere around 2025. I'm a bit skeptical in the short term, but I'm optimistic for the long term. |
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One more thing that i can`t understand. As for me it is just a waste of time. I can`t say nothing bad about these people - they find a way of easy getting money playing for fun. And i can understand when someone watching it for 15-30 minutes for relax. But lots of spectators watching it all day long... I can`t understand it.
That's the entertainment industry nowadays. Many young people don't watch TV. They watch a guy or girl doing stuff on Twitch or Youtube. Maybe this creates some kind of artificial emotional connection. Maybe it's the chat feature on Twitch and the comment feature on Youtube, which creates a sense of interaction and giving feedback. Anyway, OP has compiled a nice list of gambling streamers, but I don't think that this list would be useful to anyone in the gambling forum. Maybe a bunch of crypto casino owners can use this list to find and hire some influencer to promote their casino, but I don't think that this would work, since most crypto casinos don't have a gambling license in the USA. |
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Are you really going to compare the "Titan" submarine incident with the crypto regulations? Are you serious?
I think that most of the cryptocurrency users aren't against the idea of the crypto industry being regulated. The problem is what kind of regulations the crypto industry really needs and are they effective at preventing the "average Joe" from getting scammed in projects like FTX.
We all agree that all the "high risk-high innovation" industries should be regulated, because such regulation would help protecting human lives.
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I think that a sport should be at least somewhat entertaining and interesting to watch, in order to be included by the bookies.
There's nothing interesting and entertaining about gathering trash.
The Japanese people are kinda weird. I respect their attitude towards keeping the environment clean and organized, but gathering trash isn't a sport and it never will be.
AFAIK, the Japanese mafia-the Yakuza has some influence in the trash pickup business in Japan. Such Spogomi tournaments might be rigged by the Yakuza, if sports bets are allowed for this so called sport.
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propose a redistribution method:
>If an address did not have any activity in let's say the last 100 years the address is considered lost and the bitcoins are free to be mined in the next block.
To prevent losing your bitcoins you make sure to transfer them to a new address every 100 years (I am not aware of any other method of "proving" you still have access to an address). This 100 years time frame pretty much makes your proposal useless. Nobody knows what will happen after 100 years. Wouldn't Bitcoin become totally obsolete and disappear after 100 years? Do you think that currencies will exist after 100 years? What if the heirs of the BTC owner don't know, that he had lost Bitcoins? I guess that by "the bitcoins are free to be mined in the next block" you mean that those lost Bitcoins will be burned(just like some shitcoins/shittokens back in the day) and new Bitcoins will be mined. You can't mine a Bitcoin, that has already been mined. Anyway, there's no need for such redistribution method. |
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The BTC price dropped down to 25K mostly because of the "SEC vs. Binance.us and Coinbase" drama, but it turned out that this drama isn't such a big deal(as expected) and the optimism returned to the Bitcoin market.
The price moving in the 25K-30K range isn't such a big deal to me. A 20% price fluctuation can be considered normal for Bitcoin.
I don't believe that there will be strong support for a price pump above 30K USD. The summer is usually a quiet period for the cryptocurrency markets. There won't be any major bullish news coming soon.
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AFAIK, according to the rumors, the transfer price for Mbappe will be 200 million euro, which will be paid at once and 50 million euros, that will be paid later in the form of bonuses. That's a nice amount and PSG will have enough money to sign several high class players, who will replace the "superstars" like Mbappe, Messi, Neymar. The "superstar" model had failed in PSG and I'm glad that they might change their transfer policy.
I also hear rumors about Neymar wanting to return in Barcelona. The Catalonian club probably doesn't have enough money to cover such transfer and to pay Neymar's ridiculous salary.
Anyway, many players, who were bought for an absurd amount of money have failed in Real Madrid(like Hazard and Bale). I really want Kilian Mbappe to succeed in Real.
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1.Achieving a balanced budget(no budget deficits). I don't mind raising the corporate tax and the dividend tax(they are very low where I live).
2.Trying to lower the level of government debt as mush as possible.
3.Reducing the bureaucracy and all the administrative BS around the private sector.
4.Reducing the budgets of the police and the judicial system below 2% of my country's GDP.
5.I want to fire around 50 000 government clerks. There are way too many government clerks in my country.
6.A big reform in the healthcare and the education system, but this is a very long story.
7.More investments in science and innovation.
8.No money printing by the central bank. I know that the central banks are kinda independent from the governments, but I think that the central bank should be kept under strict control by the parliament.
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Is it possible for a casino to go bankrupt because a player gets a very big win?
I think maybe that's hard to happen if we look at casinos that are already big and well known. But suppose there is a new casino, and there are some players who are very good at playing, so they can win continuously, can the casino go bankrupt? or do they already have an algorithm or a way so players can't keep winning?
Can a casino go bankrupt? Maybe yes. If the casino is brand new and the casino owner is dumb enough. Jokes aside, gambling is supposed to be a zero sum game, where the profits for the winners come from the lost bets of the losers. The casino is simply a platform and it collects it's own fee. I don't think that all casinos are like that, but this is the model, that should be followed by every legit online(or offline) casino. There are myths and legends about all casino games being rigged, so that nobody could win a ridiculously high amount of money. I don't know if this is true or false. You know the saying "The casino always wins". Maybe there's a reason why the casino always wins. |
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1.Such asteroid would probably destroy the human civilization. 2.Even if such "golden asteroid" lands safely on the planet, this 700 quintillion USD gold would be enough to destroy the global gold scarcity, ruin the gold price and render gold useless. Gold is scarce not because it's rare, but because the cost of research and mining is just too high. Gold would be really cheap, if the cost of mining was low and there were gold mines everywhere. I'm sure that there's plenty of gold underground, we just can't mine it in an efficient way. The same thing partially applies to Bitcoin. Bitcoin is scarce not only because of the 21 million cap, but because mining BTC is difficult and expensive. |
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I like the design of this website. It reminds me of Rollercoin.
Everything looks very simple and straight forward. I also like you domain. Having a short and easy to remember name is essential for building a brand.
Are you from Russia(St. Petersburg)? My Internet Service Provider usually blocks Russian websites(I don't know why), but your website wasn't blocked, which is weird.
Good luck with this project and the sig campaign. I wish that you would gather a large community of active players.
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With all this catastrophic litigation against Binance and Coinbase and a legal battle against Greyscale by none other than the SEC, two asset managers Blackrock and Fidelity are applying for their own Bitcoin ETFs. (Source). Why do you have to link the Binance/Coinbase "legal battles" with these ETF proposals? There's nothing that links Binance/Coinbase with Blackrpock and Fidelity. By the way, AFAIK there's a settlement between Binance and the SEC, so I wouldn't call the Binance case a "catastrophic litigation". I couldn't care less about Bitcoin ETF news anymore. The year is 2023, not 2017. The Bitcoin community shouldn't care about all Bitcoin ETF proposals, that are coming from here and there. I don't want to comment the conspiracy theories about the US government wanting to take control over the crypto industry via Blackrock. There's not enough evidence proving such theory. |
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The AI startups are just like all the other startups. Most of them will fail and a few "unicorns" will survive and become the new Google or Facebook. This article author isn't writing anything new here. Comparing the AI bubble with the Dot-com bubble from 23 years ago is oversimplification. The only thing in common between those two bubbles is the fact that they are bubbles. The AI bubble hasn't even started yet. Many AI projects will receive billions of USD worth of funding, just because they are AI. We are at the staring phase of the AI hype. The AI hype might be killed by government regulations. Many people think that AI might be dangerous. |
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Getting the gamblers into debt is not something a legit betting agent would go.
This guy(the betting agent) is most likely a gangster/mobster. I know that the gangsters, who a operate a gambling business always want to hook more gamblers by giving them credit and making them their "slaves". The combination of a "loan shark" service and a gambling business is pretty dangerous for the gamblers and borrowing money from such gangsters might totally ruin their lives.
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AFAIK, the fiat currencies don't have a separate symbol for their coins, for example cents or eurocents.
Why should the Satoshi have a separate symbol? Can't we just use the Bitcoin symbol to represent satoshis as well?
If there's a voting poll for choosing a Satoshi symbol, I will vote for the Bitcoin glyph.
There's no need to overcomplicate things and overwhelm the crypto newbies with more symbols and new terms.
I don't like the satoshi symbol, which is proposed by the owner of this satsymbol.com website.
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Sam of the FTX have make the US politicians tasted what it feels like, to use crypto money to fund their political agenda, there is nothing anyone can tell me but with what's happening around Sam and the once proved allegation on him are being erased or pardon makes me think this is accurate.
It's like those behind him saying, damn, there is a lot of money in crypto, imagine what we can do in America if we can control crypto, there was no doubt that Sam stole money using FTX exchange, and those money are from various innocent people around the world.
If justice still reigns, investigating SAM will probably reveal some high profile figures in the America politics, nothing about SAM cases makes any sense anymore, I think the investigation already did revealed a lot, but it's the stuffs that the nightmares are made of, something that must never come to light. Corruption is everywhere, but USA is not some corrupt banana republic. Sam Bankman-Fried had donated money to the Democratic party, but this doesn't mean that he is above the law or he will get out of this court case without any consequences. You are clearly overestimating the scale and the influence of the US cryptocurrency industry. The US crypto industry is 100 times smaller than the big banks and corporations on Wall Street. I'm sure that the Wall Street giants aren't afraid of the crypto industry. Most of them probably don't even pay attention to crypto. |
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