If I am not wrong Tesla stocks were performing good compared to other well known tech stocks after 2021 but if you compare the ROI of best performed stocks with bitcoin the numbers have huge difference so it means more longer you hold bitcoin then you can expect higher returns than stock investment.
In the last one year, many stocks from big tech companies have big drops like 50%, 60% or higher. I don't know it is bad enough for those stocks but let's see their drops as abnormal and see how normal it is with Bitcoin in its past bear market. At today price ~ 30,000, Bitcoin is about a half of its all time high that is not worse than those big tech companies' stocks. Bitcoin historical corrections from all time highs Moving on to next question whether we can trust the bitcoin wallets for storing of bitcoin for years, of course you can since you are in complete control of your wallet unlike stocks which is in account of centralized platforms you only access via that third party.
Don't store it on online accounts, on exchanges. Reminder: do not keep your money in online accountsYou will have more safety when you store it in your non custodial wallets like Bitcoin Core, Electrum. |
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In as much as you rightly said, which I agree that social media promotions normally gains alot of participants,, but also, let's not forget that issue of multiples accounts, some people in a bid to increase their chances of being selected as winners, will join the contest with different accounts, some with up to 10, 20 accounts, inflating the number of participants where as in reality, could just be a few thousands of persons joined, the rest bot or farmed accounts.
Twitter is a big space with huge user community and it is favorite by cryptocurrency enthusiasts and gamblers too. Running promotions on social media platforms like Twitter will make massive noise but impacts for the company will depend on quality of those participants and their works. If they simply like, retweet but don't make their own tweets with good contents, effects would be small. In addition, their followers are important too as they will be users who see activities from those participants. The company can use Twitter Audit scores to check percent of faked followers and consider it as one of indicators before choosing winners. https://twitteraudit.com/Organizing something specially for the bitcointalk community would be interesting I believe, but I still wil now fail to try my luck in the social media Contest if I have the opportunity to.
It's good because Bitcointalk is a biggest forum for Bitcoin and cryptocurrency communities. It is a best forum for cryptocurrency accepted gambling sites to advertise their business and products. |
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You're not understand how's Bitcoin work, even if Bitcoin miners were mostly operated in China, it doesn't make China can control Bitcoin including Satoshi. If Satoshi implemented to change Bitcoin protocol from Proof Of Stake to Proof Of Work, it needs at least 51% Bitcoin's core team need to agree with that's suggestion. But since most people always consider the decentralization is the most important thing in Bitcoin, such kind change is impossible will happen.
Any change in the protocol, soft fork or hard fork, must be done by community vote from people who own hash rate on Bitcoin network. Therefore, it is impossible for a single person, miner, mining farm to change the protocol to a better or worse new protocol. Community has their voice and power so that they will look forward to upgrade the Protocol to make it better for everyone engage with it. This community decentralized power eliminates risk for bad exploitation in Bitcoin protocol to change it for benefit of minority. Changing Bitcoin algorithm from Proof of Work to Proof of Stake is impossible. No Bitcoiners will support it because it will create risk of centralization from which something worse can happen. We saw many problems with centralized Proof of Stake networks. |
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Bitcoin cannot be created in China, the creation of bitcoin has nothing to do with the Chinese state. Don't talk too much about things like this, where was bitcoin created, and who is actually satoshi, researching all of this is not really necessary, the most important thing is that with this bitcoin we must be able to use it properly and wisely, so that the world knows, what is the specialty of bitcoin .
The origin of Bitcoin is no longer important because after many years, its network has become bigger and decentralized globally. Satoshi Nakamoto did thought about decentralization seriously and deployed Bitcoin blockchain with a very good technical design for practice of decentralization. A longer longevity Bitcoin has, a more decentralization for its network. Even if China is where Bitcoin was created and where it had most of Bitcoin mining farms and hash rates. Today it is no longer true for China mainland as Bitcoin hash rate has been spread globally to more countries. It has become decentralized enough to avoid any shock from policy change in one or two countries. If one country bans Bitcoin mining, miners will migrate to other countries and continue their mining activities with only a few weeks of transition. |
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Thoughts on that Bitcoin was created by a member of China. And that once there is over 60 % adoption in the world. Someone will push a button and it will ignite to something much more powerful and controlling>? more centralized?
60% adoption in the world is from China, is it real? Honestly I don't think this figure is correct. In the past, majority of Bitcoin miners concentrated and located their mining farms in China mainland. After China attack against Bitcoin mining, there was a big migration to other nations like the USA., Kazakhstan ... that contributed to make Bitcoin network more decentralized. Nowadays, China mainland does no longer have 60% of Bitcoin total hash rate. I am sure 60% is not a correct figure from China mainland. Mining MapWith a speedy growth of adoption, Bitcoin network will become more decentralized in future and Bitcoin distribution (in addresses) will become more decentralized too.  Top 100 richest Bitcoin addresses. |
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P.S I have really poor knowledge on bitcoin technicalities, am more of the chart reading and gut feeling type. so I hope am not breaking any of the rules posting here.
Was really curious to understand if technical analysis is vital or just a means to reduce risk. Thanks in advance
Technical analysis in trading is not related to understanding about Bitcoin technology. It relates to apply technical indicators in trading to Bitcoin price movement, volume to predict its future movement to support your trading plan and decision. However, personally I feel only technical analysis is not enough for your trading. You must learn about fundamental analysis too. Because without good fundamentals, you will put your money at risk. If an asset has good fundamentals, even if your technical analysis is wrong, you can hold it (like Bitcoin) and still have chance to get profit by holding your bitcoin long enough to cover your mistake in technical analysis. |
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I believe that what is spent on the signature campaign is not as big as the profit they get and maybe the decision to continue the signature campaign here is no longer to increase exposure to their gambling site but another reason that is definitely still profitable for Roobet because a business will have a calculation that the money spent on promotion must be balanced with the profits earned.
And we see that gambling sites that run signature campaigns for a very long period get great success, so this forum is one place that many casinos might consider promoting their casino in future.
True so. They can spend initial budget to run a signature campaign with fixed time to run it with given budget. However, after that if they want to continue it, they should receive good signals and effects from the campaign to decide spending more budget for it but if the campaign runs a very long time, it must have another source, like part of income from new users who join and bet on Roobet by referring from their signature campaign. With this sustainable model, it makes sense to run a campaign very long time without damage to the company marketing budget. |
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But a crash in the US would also entail a crash worldwide, wouldn't it? Taking into account how interconnected the world is these days and how much foreign investment there is, I think that markets around the world would be significantly affected by a US crisis. I am not sure but I think the reason alone that the US is the strongest economy in the world implies significant spill over effects almost automatically.
The USA. has a biggest economy globally and the rest of world look at the USA. for any change in their policies from economy to politics and other things. They want to comply with or at least adjust their strategies and policies to adapt to changes from the USA. Because it is a biggest economy, if it collapses or has a recession, it will have big impacts globally. How big it is, I don't know but very sure that it won't be small impact locally only. And when it comes to banks they often have so many lending operations going on that if one bank out of a sudden collapses or drifts into a liquidity crisis and can't repay interbank loans, the whole thing would get going in the banking sector and then spill over with some delay to the rest of the economy.
Is it coincidence when the bank crisis started in the USA. with some banks there then it shifted towards the Europe weeks later? I don't see it is coincidence but impacts from the USA. power and its strong connection with economies in many nations and continents globally. |
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So, since the data is available from the chain, can we do our analysis?
Blockchain data are stored on public ledgers and if you have skills to program your tools to retrieve data from blockchains or call APIs to download data from some blockchain explorer services, you can have completed blockchain data which can be used for your on-chain analysis. However, you must learn how to code for retrieving data and analyzing data. You can do it with R, Python and some other languages. https://github.com/topics/on-chain-analysis |
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Among the list, this is the most important to me and the thing that most traders must have.
As there are some traders especially those who are just starting are making mistakes on this thing, so for me. Risk management is important, it will help you to preserve your capital and maximize your profits and minimizing your losses.
Making mistakes is unavoidable when we all have to start as newbies. However we pay different costs for our lessons. Careful people will register courses, spend money to learn and get tutors as well as start with demo trading and use small capital for very first trading experience. Those people will pay low cost to learn own lessons from trading and later when they are more experienced and already sharpened their trading strategies and skills, they can gain profit. Careless people will do not mind about learning first and they only want to jump in the market, start trading right away, experience it with hope to gain profit quickly. Unfortunately, the market is not easy for them to gain profit and they mostly pay very expensive cost to learn own lessons. Manage risk is important and two orders are helpful Stop loss order: https://bitcointalk.org/index.php?topic=5173189.0Stop limit order: https://academy.binance.com/en/articles/what-is-a-stop-limit-order |
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It's just occur my mind in around 2008 first time I heard people talking about bitcoin, some media friends were texting and DM my facebook, BBM to buy bitcoin at a very low rate of $100 but I seriously kick against the opportunity to store bitcoin as many units as I will.
Bitcoin genesis block was mined at 3rd January 2009 so how did you know about it in 2008.  Bitcoin did not have its price around $100 a few years since 2009. Bitcoin price history [2009 - 2020]My friend bought 100 units then and stored it to some points when it turns $3000 and he sold them out.
What does unit mean? I guess you talked about 100 bitcoins, not units. There are many Bitcoin units and when you used units, it is confusing. [Did you know?] Bitcoin Table of Units |
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There is no way that you can withdraw your money made from free spin by first depositing the money at sherbet, so we should not call it a "No Deposit Bonus". If you do not want to withdraw your winnings, you may not deposit but if you have won and need to withdraw, the deposit is required.
I think the term No Deposit is cleverly used by Sherbet in order to attract more gamblers as people get excited that they can get bonuses without depositing. I am sure there must be many new signups seeing this promo of the No Deposit bonus.
Free spins are free to experience and enjoy games while can figure out your strategies in a game you like. It helps you to avoid losses with your trials and can increase your probability to win with your deposit money. Asking to have free spins and allowance to withdraw what you win from free spins are just too much in my opinion. Free spins actually are attractive because people will not have fear that they will lose money by playing games. They will be more ready to create accounts, explore Sherbet and play games. Chance to convert them from free spin bet to bet with deposit money is real. |
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Even though there is no assurance that Bitcoin's value will rise in the future, some investors think it might represent a worthwhile long-term investment opportunity.
Treating Bitcoin as an investment is the same with other assets too, like non-crypto related, where risks are always there.
Before making any investment decisions, it is essential to conduct your own research, comprehend the risks involved, and speak with financial professionals.
Bitcoin is not different than other investments with risk exists together with chance to gain profit. Risk with Bitcoin is even higher than other investments because regulations on Bitcoin and Bitcoin mining are unknown in future. It is biggest risk for Bitcoin because with Bitcoin, without Bitcoin miners, there will be no confirmation for Bitcoin transactions on its public ledger. In addition, with Bitcoin, you have to store it in your own wallets, not in online wallets and in many countries you will receive no support from governments, police to find scammers or hackers who steal your bitcoins. Bitcoin is sure an asset and also a store of value to safe you from devalue of fiat due to inflation.
Bitcoin and fiat currencies have different supply models. They are both inflationary but with Bitcoin, you know its total supply (21M) but you don't know total supply of fiat currencies (but you know their supplies will only increase more and more with time). Bitcoin solves devalue problem from inflation and a rest challenge is how to increase its demand. With more adoption in future, demand will increase and I believe price will be higher. |
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I was browsing the forum yesterday when I found this post, it struck me because he went to the extreme to check the OP’s signature address on the blockchain. I wonder what others with malicious intent could do with that information. What is malicious intent? I think it will be good if campaign managers change the application format to keep users payout addresses private so there is no link between forum usernames and addresses. I know the public spreadsheets help expose alt accounts and bounty cheaters, and for this reason some members may prefer the system stay the same but I believe making the change. I’ve seen only one campaign already doing this, what do you guys think? Should spreadsheets and payout addresses be kept private?
I would answer it depends on manager and participants. Managers have their own ways to keep their campaign spreadsheet publicly or privately. They can use Google sheet (public or private) or use Cryptpad sheet. However, managers are not responsible to protect privacy of their campaign participants. Even if you send the manager your receiving address in personal message, the manager account can be hacked and those personal messages will be leaked. Participants are responsible to take care of their privacy. They can choose to join or not join any campaign if they are seriously about their privacy. Even with public spreadsheet, they can take care of their received payments and how they will use those coins after that. |
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While the prediction page is still at page 1 and you have more time to give your prediction, you can analyze more to give the bitcoin price as your prediction. You can consider this prediction as fun but do not have a big expectation to win because we will have many rivals that are ready with their predictions. Moreover, the previous people will also join in this prediction.
Predict price of Bitcoin is a very difficult task and most interesting one too. Interesting because if you predict it correctly, you will feel you are like genius BUT in fact you are not.  You commented right that we should not think we can predict its price correctly and go to use all money for Futures trading, Leverage tradings or Gambling. Mostly our predictions are wrong and will not give us happy trading and gambling. You still have at least 6 days left to give your prediction because the first prediction will close on the 15th of April, so do not be late if you want to give 2 predictions at this prediction.
A lot of time but I don't think we should be hurry too much and bet too early. Personally Bitcoin will continue to have its sideway and fluctuation around $28,000 in next days. |
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I think one of the reasons why Bitcoin trading is the best and the best is that when one trades only Bitcoin, his profit will be less than other coins or tokens and vice versa the chances of losing from other coins or tokens will be much less.
You can start with its blockchain algorithm, Proof of Work. It is safer than Proof of Stake, smart contracts which can be exploited and new tokens can be minted by an exploited smart contract. With Proof of Work, you can not do that. With Bitcoin network that is a biggest one with highest total hash rate, risk to see 51% attack is low and nearly zero. It is why people have biggest belief in Bitcoin but not in other coins or tokens. With Bitcoin, investors will not have fear of sudden inflation in circulating supply like with smart contract. I personally think that Bitcoin can be the only product for long-term trade management or long-term planning.
Bitcoin is not a product. It is a mean for payment, transactions peer-to-peer. Other businesses or people can use bitcoin for their service payments or for individual trade deal. To manage your bitcoins good in long term, you must know about self custody wallet and only store your bitcoins in such wallets. Must backup your wallets for recovery when your initial wallet or device is broken technically. If you make your long term plan by storing your bitcoins on exchanges, you might have nightmare anytime. Reminder: do not keep your money in online accounts |
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Without money, opportunities missed, he might be happy that he didn't go into crypto earlier because he's scared of losses, he would have been among the first set of people to enjoy full massive profits from bitcoin. Real facts OP, money served everything in the crypto space because we are offered new opportunities to turned out good profits from solid projects, it doesn't matter the number of times a trader have recorded losses, never giving up and pushing harder have been my ultimate slogan and it have really helped me over the past years.
Investment should be made with money that is like your savings. After you use your salary for necessary things in life, to survive from hungry at least, and reserve some money for emergency, you can use the rest of your money for investment. Investment can be in stocks, gold, bitcoin or altcoins but if you ask what are safest assets for investment, I would like to answer they are gold and Bitcoin. Stocks can collapse, altcoins can collapse or die. Gold is here many centuries and Bitcoin is here since 2009 through one global economic recession and might be a witness of an ongoing recession. Investment when don't have money to use in life, for emergency is a bad plan and I don't recommend to bet your life with investment even I do love and believe in Bitcoin. |
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This whole thing looks shady to me.
If eventually it turns out that they are really investigating her account then they should carry on with it, there's no issue there that's a normal thing for an exchange to do whenever they feel a user is doing something that's against their ToS but the fact that they are now requesting for her to find her account I have never heard of or seen anyone made such a complaint about an exchange before.
It is really shady and weird if we think of trusted exchanges. They can ask you to do KYC or do advanced KYC but a solid exchange won't request user to send more fund just to complete their verification process. Will they refund the amount you send to them after all? What if they reject your additional proof including your new depositing coin, will they seize it too or will refund it to you? No other idea rather than shady and greedy. Since you didn't mention the name of the exchange it might be a little bit difficult to give a complete/thorough feedback on your topic I'm just writing this based on the exchange I normally use for trading but she should check if she's dealing with a counterfeit of the exchange.
We don't need to have the exchange name to know it is scam! OP's friend could fall to a scam exchange or log in exchange account in a phishing site which is scam and tries to steal his coin. |
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Hey there guys, I would like to open a case of my friend's friend. Maybe anybody could lay some info regarding it. There is an exchange she is using I dont want to mention the name but she got an email from them regarding freezing of her account due to malicious trading or abnormalities on her account which might involve in data leaking and money laundering. So they are holding her account balance.
It is acceptable if they have that in their Terms of Service and I am sure many exchanges have that rule. They said she needed to fund 20% of her account balance for verification purposes and this is within 3days span of time if not the account will be totally frozen.
This is unacceptable manner and I am sure if any exchange sends a user such greed request, I bet that exchange is a scam one. Accounts can be frozen, suspended and investigation can take a long time but such request should never be sent to user. It is double scam against their user. Take user account first and try to ask user to send more money to their exchange to take it a second time. After investigation time, exchange can release fund for user or seize it but no such sending more money to verify your account. In addition, pressuring on user with 3 days span of time is another suspicious request. |
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Paxful closed, but they didn't confiscate anyone's fund. Saying "thank God I withdrew my funds a day ago" makes it sound like users that didn't withdraw their funds lost their coins. You can still withdraw your funds from Paxful to an external wallet. They also recommend another marketplace Noones.com, which seems to be the same as paxful, just operating using a different name, from a different country and not serving to users from certain countries (because of regulator issues). You could try using that if you aren't from the restricted country. Or try one of the exchanges P2P method. Just letting you know, none of those platforms are decentralized and you might lose your coins there.
Their platform was overloaded by massive withdrawal requests but it was cleared yesterday and Ray (their CEO) requested users to confirm if their withdrawals were proceeed to clear fud and panic in Paxful community. Four hours ago, he tweeted that if your funds still have not cleared please post here. I need nap 😴 but will power thruLOL, but I'm not the one directly saying it; it's just based on the OP's title of his thread and on what he thought and his experience with COINBAAZAR back in 2020.
You must be careful when you shared information. It is like you did not know about available P2P marketplaces and quickly copied, pasted what you got from Google search or ChatGPT answer. Some users just shitposting without knowing anything about the platform They tried to make long posts and they thought writing long will create high quality and posts will be counted. |
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