It is difficult to explain when is the best time for you to buy because the decision is yours. But I always buy when the price drops very deep like it did a few months ago. It is very important not to panic easily in bitcoin investment because the price of bitcoin these days is still very volatile and anything can happen in the crypto market.
I think the fact that OP is trying to pass the hot potato to someone else really shows how sure he is in his Bitcoin investment decision. Not very sure at all. There is no "best time" unless you are expecting to do day trading but that will screw up your finances. As a daytrading newbie or even experienced daytrader, you will find your money slipping from your wallet. I for one, am very certain that we will see over 100k USD Bitcoin. Probably before 2024 even. So everything below that is a good investment opportunity for me. I see it as discounted Bitcoin. But you have to decide for yourself. Its your money. Nobody and nothing else should interfere with your feelings on investing. |
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There seem to be too much development taking place on bitcoin. Changes always being proposed. How are we ever going to be able to trust that bitcoin will never change if people are always trying to propose changes to it and get it implemented. #1: that kind of ruins the idea that bitcoin is going to be the same today as it was yesterday and tomorrow. today they might be proposing a change to some fee mechanism. tomorrow it might be changing the max supply. #2: anytime you introducing new changes to bitcoin, you run the possibility that you are introducing bugs. apparently the ability to foresee bugs is not absolute so they don't know what bugs they might be introducing when they introduce major changes like Taproot https://www.investopedia.com/bitcoin-taproot-upgrade-5210039. You can't just keep changing bitcoin trying to make it better and better forever. At some point, it needs to become immutable. So people can know what they are getting. In full. I'm not sure but I'd imagine the codebase for bitcoin is a mishmash of hard to read files. Another not so nice thing. But that's a result of its development style. Adding on new things on top of old things. Or alongside. Ideally you lay out a full blueprint of the entire thing at the very outset and design and develop it once. Done. The rest is bug fixes if necessary but no more. Anyone that's ever tried and program some simple software and then later on come back and add new things into it it can end up being a nightmare to try and understand and maintain the code...there's alot of bitcoin users out there who don't understand this aspect of bitcoin at all! The very beauty of Bitcoin, aside from the fact that it is truly decentralised, is that it can improve and become better. And the ones who make and vote on these improvements are the good people of the Bitcoin community. So basically you have two elements here: Financial Freedom and Financial Democracy. That alone is something that makes it immutable in my eyes. As well as in the eyes of many Bitcoiners on this forum, I would say. And obviously the codebase is hard to read, especially for people who have never learned how to read them. But the same can be said for almost any big software. Is the coding of photoshop easy childs play? No, its the result of thousands of people working together to create insane amount of code. The code someone made is stacked on top of code someone else made. |
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Analyzing the events leading up to the 2017 bullrun and the 2021 bullrun, I find some amusing similarities. They lie in the fact that those categories of investors who support the growth of bitcoin are the same investors who then support the fall in the price of bitcoin to extreme values. This is usually a 75-85% loss in the value of bitcoin.
It just goes to show that even institutional investors with loads amount of money, whether borrowed or not, are just human as well. They are also guided by emotional decisions and human error. But that should have nothing to do with the objective view on Bitcoin's current, past or future value, nor its future potential. Its just sheep following other sheep. Although you do really have to ask yourself what the point is in making such superficial investments in the first place? Do they truly understand why Bitcoin is great or are they all just trusting each other because the other took a risk and invested into BTC? Never underestimate the stupidity of rich people. And do not become infected with their panic-selling. |
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Peter Schiff, one of the world’s most dedicated critics of crypto and Bitcoin is experiencing prolonged challenges with his bank. In a recent highlight of events, the American economist’s bank is set to be liquidated. This comes 6 weeks after Puerto Rican regulators suspended the institution. Schiff will remit $66.7M in deposits & $300k fines as part of the agreement Peter Schiff revealed on Tuesday that he has reached a deal with Puerto Rican authorities to liquidate his bank, Euro Pacific International Bank. This is according to a report by the New York Times. Amidst the probe launched, Puerto Rican authorities noted that the bank was insolvent. However, documents reveal that it did have cash. In the liquidation terms, Schiff assented to the remittance of $66.7M in deposits to the authorities. Additionally, Schiff is to use gold as a surrogate payment means for any cash deficit. As part of the liquidation agreement, he also consented to pay about $300,000 in fines. Puerto Rico’s banking commission will be releasing an official statement on the matter soon. Full Details https://coingape.com/peter-schiffs-bank-set-to-be-liquidated-will-he-finally-turn-to-bitcoin-btc/amp/Peter Schiff has not really done anything positive for Bitcoin other than announce how it will fail in time. People no longer believe his BS because they saw the gains that they missed out on, thanks to his "advice". Even if he were to invest in Bitcoin now, at this point he would still lose face (Which maybe is not as bad as losing money, but its still not something he would want.) so its maybe his own ego holding himself back from acknowledging the awesome investment in the future that Bitcoin is. He must have understood how much potential Bitcoin has by now. |
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...
It was all in his calculations, admittedly he was a master at manipulation. In fact, he has never been interested in bitcoin or dogecoin, the only thing that matters to him is profit, just be profitable he is ready to tweet anything. The lawsuit with the social network Twitter, I guess is also in the plan, sooner or later you will own this social network, but it will be lower than the original valuation of 44 billion.
True, i think Elon is a master of Market manipulation, He prove that with Bitcoin and Dogecoin, the fact that he sold most of his BTC to capitalize Tesla is the prof. And he is in his right to do it. Buy and sell bitcoin isn't something illegal, but what is illegal is to use his influence for a market manipulation. He is playing with fire. Elon can manipulate the market once but we should not let him do it again and again. The best way to stop him from manipulating is to stop reacting to his tweets. If we collectively stop responding to his tweets, his tweets will have no impact on the market. Elon Musk is a top businessman in the world. He chose this crypto when crypto was not so familiar. He used to tweet about a particular coin for a long time, then the price of that coin would increase more in the market and a certain time that get down. Again after a few days the same situation happened. Investors generally understand these things later. So his tweets about crypto-currencies are much less than before. Maybe it can be his business strategy or it can be for long term strategy. People get fooled about his tweet because he make them think that he's unto crypto and support its growth, but he's totally exposed now and people knows he's intention that's why his last stint never works and I believe the current little progress cannot do anything with Elon Musk activity so maybe its good not to relate his name on each movements because all of those are complete lie. He's tweet is just for pure business and he just want to caught people's belief then earn with it. Exactly. He got totally exposed for being a no-coiner and an egomaniacal, meme-posting and incompetent public figure. But then again I have been saying this for ages. Everything he does he only does to boost his own overinflated ego. Still, coiners should take notice that Elon Musk's fans are not selling their coins, even though he is doing exactly that. I guess I was wrong about most of his fanbase being sheep who follow around another populist. And Elon's Bitcoin Sell-Off has not had much of an impact on the price. Only slightly down ever since he announced his no-coiner status. All in all, Bitcoin remains strong. |
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Well just stumble upon a tweet by the co founder Nischal Shetty claiming that Wazirx bank transfers from INR/Crypto is still working , How is that possible that even after being raids on its bank accounts and office , they still be able to manage by cashing out people INR withdrawls, Are people facing any issue or its a fake claim, has gone through various social posts where people are saying they are unable to withdraw funds, Who is right the co founder or the users...
What can happen
1) Are the people who are claiming to withdraw funds are their own men
2) Are real people been able to withdraw funds as all the ED fuss is still going and their bank accounts still operating
3) The seized funds are just temporary unhold so as to ensure people get their funds back
4) What could be the long term impact on users,
5) Is wazirx innocent or guilty of being in a fraud/laundering or anything of such activity
Opinion :
Wazirx is still going under doll drums and is somehow trying to sustain its image or Will it come out of this mess clean
As far as to your question of what could be the long term impact on users, I would wager that a lot of people either will not be able to withdraw, or will have their accounts frozen. It would not surprise me if a third world business like Wazirx was indeed scamming/laundering money. Not to sounds ignorant but poorer countries are notoriously less disciplined when it comes to not scamming or stealing. But I am sure there are socio-economical reasons why people in those countries do that. What else can users do except sit and wait for something good to happen? All their clients money is in their hands. This is why I only make sure that my money is always out of reach of centralized third party members. Like Wazirx. |
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Fair, just, open and transparent (The block hash value is the DNA of a piece of data, each block hash value is unique, random, unbreakable, unforgeable, automatic identification of betting rewards, records cannot be tampered with, prize pool funds, betting reward waves Field TRON public chain can be checked) Safe, Simple, Reputable, Efficient ➡️Complete anonymity, no information left, working capital visible URL: https://bghash.com/FVIPUS4WII6 items, high odds, diversified entertainment Lucky Zhuang Xian Hash Niu Niu Lucky Numbers Hash PK10 Lucky Hash Hash PC10 and many other ways to play After winning the prize, USDT or TRX will be automatically returned to your wallet! The money is automatically returned to your wallet and won't exist if you win and get stuck on the platform! This is the fairest and fairest way to play online entertainment! ⬇️ First time player to BG-Hash Entertainment⬇️ (The first five lose the package and compensate) (Introduce new users, betting turnover of more than 5000. 68U head red envelopes.) BG International is at your service 24 hours a day! If there is anything you don't understand and how to play, you can come to consult! Welcome to join the agency! telegramCustomer service: @haj888 The fact that you barely put any kind of sincere effort into your post, or the fact that your customer service is on Telegram are both red flags to me. If you want people to take your business seriously you have to take it seriously. Much more seriously than you do now. This 2 minute type-up of what I suppose is a introduction thread, is not going to convince any of the experienced and very wary gamblers here on this forum. We have had too many scammers and too many liars. If I were you, I would redo the entire thread. |
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Always remember, not your key not your coin.
That is exactly the right attitude! Nobody should have control over your money except for you. I use the term money in this post but by money I obviously mean Bitcoin, which is the real money. One more mantra that you definitely should add to your coiner values is "hodl". Which means to hold your Bitcoin, not sell or give it away. Even when times are tough, you should remember the true value that it will have in the near future. If I was not so naive during my newbie days, I would have millions worth in Dollars in Bitcoin. |
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I was wondering if there are reliable sources of gambling news.
For example, we have sites for political news, fashion news, sports news, weather news, and so on but I never come across sites where there is gambling-related news.
Will appreciate it if anyone shares the gambling new sources as it will be additional beneficial for the gambling community.
I think it really depends on what you mean. Gambling news is not a term which can be used for all gambling. If we are for example talking about placing bets on boxxing then obviously you should follow the boxxing news. If we are talking generally about whats happening in the world concerning gambling legal regulations, new gambling casino business models and business/entrepreneurship news then I would also recommend the website https://www.gamblinginsider.com/. But as I said before, if you are betting on something specific you should SEO your own news data sources specifically for the bets you make/wish to make. I even peruse simple things like certain Twitter hashtags to find out the latest news. |
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Well, Bitcoin won't be fully mined for the next 100+ years so thats not a problem we have to care about all that much. And even if the government decides to tackle Bitcoin buy buying it all up, thats fine. The "free" Bitcoin which is not in the governments hands will be worth a lot more. So if the government wants to help us, thats a great plan.
And what are the governments going to do about the altcoins? We seem to have quite a lot of those. Has the government thought of a plan for them yet?
I think nobody has the power to control or restrict Bitcoin in any way except at the end-node. Like a business which accepts payment in Bitcoin, for example. You can ban that business from accepting Bitcoin. Because that business is centralised and they know who owns it.
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➥ The pool fund consists of a sponsorship fee of 300 mBTC, (valued at over $7000 as of July 2022) and users entry fees. ➥ I act as Escrow on this address: bc1q3rrxzuknzfvlclprprjshqruvjhp5tettcthea➥ There will be 10 main prize spots to play for. The total pot [sponsorship + participation fees] will be distributed as follows:
🥇 1st place - 120 mBTC (30% of sponsorship) + 30% fees
🥈 2rd place - 80 mBTC (20% of sponsorship) +20% fees
🥉 3rd place - 60 mBTC (15% of sponsorship) + 15% fees
🏅 4th place - 40 mBTC (10% of sponsorship) + 10% fees
🏅 5th place - 30 mBTC (7.5% of sponsorship) + 7.5% fees
🏅 6th-10th place - 14 mBTC (3.5% of sponsorship) + 3.5% fees I'm sorry, it seems I must be misunderstanding something? All those percentages and mBTC numbers do not add up to the right numbers? I am seeing 86% and 344 mBTC when added together? Or perhaps did you mean (20% of sponsorship +20% fees) not "(20% of sponsorship) +20% fees"? Because I do not see how 120mBTC is 30% of the 300 mBTC sponsorship fee? Also the math might add together if you considered 20 participants. But any more participants would increase the individual mBTC winnings, would they not? If not, where does the rest go? |
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I have definitely experienced the bad sides of losing from gambling. Especially when it comes to, as OP mentioned, to chasing the money that you lost. You keep trying to win it back and you make more losses. They next knee-jerk reaction to losing even more gambling funds is to involve yourself in riskier bets because you feel like if you get lucky enough, you can win back all your losses in a single bet. I ashamingly admit I have done this before.
The best thing to do in this situation is to admit you won't win any losses back and get away from gambling while your head needs to cool down.
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Myth 1: Gambling Isn’t Addictive
>> Fact: Gambling is designed to be addictive.
Myth 2: Gambling Is a Way to Make Money
>> Fact: The house always wins, especially when it comes to compulsive gamblers.
Myth 3: If You Keep Playing, You Will Eventually Win Your Money Back.
>> Fact: The longer someone remains in active gambling addiction, the greater the losses.
Myth 4: If You Can Afford It, Compulsive Gambling Isn’t Really a Problem.
>> Fact: Compulsive gambling is a symptom of underlying emotional and coping problems.
Myth 5: Compulsive Gamblers Play Every Day
>> Fact: Gambling addiction can be continuous or episodic.
Myth 6: Knowing a Game Well Increases Your Odds of Winning
>> Fact: Gambling games are designed to not have any aspect that will increase the odds of winning purely out of knowledge or skill.
Myth 7: There Are “Hot” and “Cold” Slot Machines
>> Fact: Slot machines are programmed to promote problematic play and win for the house.
Myth 8: Gambling Is Only a Financial Problem
>> Fact: Gambling addiction causes problems that extend well beyond financial losses.
Myth 9: All Gamblers Engage in Criminal Behavior
>> Fact: Gamblers who seek and accept help can recover before they have to resort to criminal activity to finance their gambling.
Myth 10: Teens Don’t Gamble, Only Older People Gamble
>> Fact: Gambling is a bigger problem among teens than it is in adults.
Myth 11: Feeling Lucky Means You’re Going to Win
>> Fact: Distorted beliefs about luck are a key mechanism in developing gambling addiction.
Myth 12: Problem Gambling Can’t Be Treated
>> Fact: Any person with a gambling addiction is capable of full and lasting recovery with the right help and the willingness to accept that help.
from....because I read this and this topic, I am very curious about what actually influences many people to play gambling and an interesting fact is that people start gambling because of the words (myths) that are often said by their friends or family... I agree with the research above because it was my first time playing gambling because of an invitation from my friend who said "gambling is a way to make money". now the days have passed and until now I still gamble but with controlled portions. I'm a little curious, are there any mythical sentences above that make you all start gambling and can't stop gambling or even because the sentence above makes you a gambling addict or even stop gambling? There is also a lot of superstition among gamblers which I think you can add as a footnote to your list. Some of the superstition leads to more gambling and it would not surprise me if said superstitions came from the gambling dens of old, themselves. To me, gambling is, was and will always be a fun activity to do if you have money that you can spare. By that I mean money that is not needed on a monthly basis for food or rent or whatever. And even then, you should never give yourself a gambling allowance which is too big. You can either spend minutes or hours gambling with a few dollars. But once that money is gone, you need to stand up and get going home, too. Thats really the only way to enjoy it, at least, from my experience. |
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Since the new explorations have uncovered so much gold, that gold will enter circulation and cause a gold inflation. So obviously the price of Gold will go down and its steady but slow rise will not justify investing into gold this year. Not for me, at least.
The USA has waged wars to stop other countries getting richer with their own dug-up gold because the Dollar used to be based on gold and now its based on nothing. So much for that.
Obviously I am not in favor of gold. Bitcoin is king!
1BTC=1BTC
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The way that the DT system is right now, it serves nobody but a select few. Its not even a trust system at this point. Its a "you scratch my back and I scratch yours" kind of system. It has almost absolutely nothing to do with how trustworthy a person is but rather who he is liked/disliked by. Its a system of favoritism.
We absolutely need an complete overhaul of the trust system or we will keep seeing people abuse it for their own purposes. I imagine there is even some trust selling going on in the background.
Maybe we should have a community voting system for who gets DT instead? Obviously the "DT club" alone cannot be trusted with responsibility. Anyone who does not deserve to be in the system gets voted out by the entire Bitcointalk community. We can have votes once a year or something.
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Gamblers around the world use crypto and bitcoin to play the bets. Do they really care if the bitcoin prices dump hard? I know traders are directly impacted by this dump, and investors are also in panic but what about gamblers. Their motive is to play gamble and they may not be a concerned if the price of bitcoin is declining sharply?
It seems to me that a gambler has nothing to do with his bitcoin market rise. If he is betting by converting to dollars then I think his assets are sometimes dumping the market There will be no effect. But this is completely opposite when you consider the case of an investor and trader. Their investment depends entirely on market conditions. If the gambling sites depend on the value of the cryptocurrency then, it has a big impact on gamblers. But, I think that gambling sites use cryptocurrency which is not converted to USD since we all know that market is very volatile it can go up and down. If the gambler has placed his bet in bitcoin or ethereum after the market has moved up or down or the market has changed.Gambler's Bitcoin will change. Stablecoins can also be bet directly on many betting sites. If the gambler is betting with cryptocurrency that dumps and pumps like Ethereum then obviously I think that his gamblers nature will make him feel as if he is in a bad trade. At that point he might trade his coin for a stablecoin. But thats a mistake that people make without knowing whether or not their crypto will go up or down again. An if it goes up instead of down the gambler will have made a loss on his holdings. So I think its best to either bet with stablecoins or not trade back and forth if the market isnt looking good. |
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Oh cool, I just realised I am legendary. What do I do? Celebrate?
You get to spend some quality one-on-one time with myself at the $100k party, if you catch my meaning. If you swing that way, that is... Wait, you're trying to say you're coming to the 100k party? I thought you mentioned several times here on WO that you're not coming due to opsec issues? Are you giving us a glimpse of hope? Or is this some kind of private party 1 on 1 with goldkingcoiner?  I might be changing my mind  |
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Oh cool, I just realised I am legendary. What do I do? Celebrate?
You get to spend some quality one-on-one time with myself at the $100k party, if you catch my meaning. If you swing that way, that is... That strongly depends on the amount of alcohol and illicit substances we have available at the party. |
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Ignoring the dip is probably the unhealthiest way to cope. In fact, you should not be putting yourself into a situation in which you wish to cope. The problem is your short termed mindset of an investment, thats true. It means you are not 100% onboard or having second thoughts.
If you asked around any veteran coiner and early BTC adopter would tell you the same thing - here's what you need to actually do:
Replace the word dip with the word bargain. Because thats what each dip should be, in your eyes. A limited time bargain price. Once you develop the hodlers mindset, you will see how fast your investments are gaining traction.
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Oh cool, I just realised I am legendary. What do I do? Celebrate?
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