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You should better find own sources of income so that you do not have to sell your wife jewelry. In some countries, people consider jewelry as means of survival in bad times. Also, if you sell the jewelry , what will your wife wear in parties. She will feel left out among friends because of this. The invested amount is expected to give you good returns but there is no certainty about the amount of time required. If you develop new sources of income, you will have additional savings at the end of the month which you can invest in crypto and enjoy profits.
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Many people will read this thread and move towards gambling. I am not saying that is a bad thing but one thing that differentiates OP from others is that he applied the knowledge and experience he has and placed the bet on only those games he has full information about. On the contrary, majority of people just leave to chance and think that if OP can get lucky , they will also get lucky.
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There are different people with different opinion regarding bitcoin and crypto. Some people are in support of it because it is backed by blockchain technology. On the other hand, some people are against it with the logic that it can be used for illegal activities. I personally feel that these people who are against crypto have not themselves even tried crypto. They have formed an opinion against bitcoin just based on past bad experiences with other investment options. Thus, as crypto users, we should ask others to start using crypto even in small quantity. Once they have used it, they will also understand the benefits of crypto.
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Fortunately, this member will never join a signature campaign; thus, his posts are only limited to the altcoin bounty section and at least are not spamming throughout the entire forum.
Even the altcoin bounty section should also have similar requirements like the signature campaigns paying in BTC. If we moderate spam in one section and let it continue in other sections of the forum, it is a not a good sign for the forum. However, I feel, that such measures will eventually be introduced by moderators and campaign mangers in alt coin section also in very nearby future. We already have the input in terms of efficacy of the merit system in handling bitcoin signature campaigns effectively so as to keep the spammers out. |
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Hey, guys. I didn't know where to start a topic, and I saw there was discussion already here. So my friends and I decided to start a crypto casino that has only dice. I don't know what technology to use. The website will have register/log in/log out, bet history and dice betting. I am currently looking at HTML/CSS/PHP/MySQL. Will this be enough or there are other languages? I looked at Nodejs but find it difficult.
How much familiar are you with these technologies ? If you have basic knowledge, do not attempt to design the casino website by own. Instead, hire some professional who has done it for other casino websites in past. This will ensure that your website will have less number of bugs because bugs affect user experience and can annoy initial users to move away from your casino. You should also do beta testing after launch to remove further issues on the site. Also, have a bug bounty program live for security researchers to report any security issue on your website. This will ensure that the data and money is safe on the wallets on the casino website. |
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If the buyer is holding the bitcoins till day, he must have retired.
At that time bitcoin was in early stage so I do not think he did any mistake by selling at that price. In fact, by doing such transactions, he encouraged other bitcoin users also to use bitcoin for transactions giving it an use case. After so many years, it has evolved and now we see millions of people transacting using bitcoin. This will only grow from here onwards. So, that first transaction was a good initiative that fueled the further growth and adoption of bitcoin.
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It is good that you have kept your mind open. Currently , I do not think you should live on crypto investing alone. There are months and years of bear market and thus it will not give stable income. I am not against crypto but it is not an alternative to job. It is a good tool to diversify your investments though. Now there are people who invested in bitcoin in beginning and and have retired now with the money. But those days are not going to come now. It is hard for everyone to show that amount of patience. We should keep both positive and negative side of crypto in mind as an investor.
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Bitcointalk Username: krishnaverma
SegWit BTC Address: bc1qalv6lg6qt7g72jx35th694zzfa98gc6d9zm0w5
Merits Earned in 120Days: 18
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Link to news https://www.reuters.com/world/india/g20-exploring-cryptocurrency-regulation-indias-finance-minister-says-2023-02-11/So, they are looking to make some collective decision with other countries for regulation related to crypto. It is a welcome step in my opinion as it will open the doors of crypto to people i countries where government is not much in favor of crypto at present. In current time of globalization, it is not possible for one country to effectively implement these regulations and thus this decision for collective effort might work better according to me. |
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What are the current challenges faced by the cryptocurrency industry, and how are they affecting the growth and adoption of Bitcoin?
You are asking question related to Bitcoin and have posted this in altcoin section by mistake. So , please move this thread to correct section. Here are some challenges being faced by the cryptocurrency industry which are affecting the growth and adoption of Bitcoin 1) Scams : A lot of people are doing scams related to bitcoin and crypto which has reduced the trust of people in crypto. Some people are still scared to use crypto because of fear of these scams. 2) Price fluctuations: Imagine investing in bitcoin when prices where $60000 and it reducing to 1/3rd in just few months. That can also affect the trust and faith of common people in bitcoin. This will however get solved in future with mass adoption. There will be less fluctuations when there are more users. |
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Link to news https://www.theblock.co/post/210804/ethereum-cofounder-vitalik-buterin-donates-99-ether-to-ahbap-earthquake-supportHe has donated Ethereum worth $150000 to help people in Turkey and Syria because of recent earthquake. This is not the first time he had done this. He did a similar work in the past where he made big donation using crypto in India. When we talk about crypto and alt coins, so may people associate scams and bad people related to it. But this is an example that there are good people associated with crypto and crypto can be used for good work also in the society. Have you ever made any charity in crypto or plan to do so in future ? |
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Current number of post (Including this one) : 1682
Rank : Full Member
bech32 address : bc1qalv6lg6qt7g72jx35th694zzfa98gc6d9zm0w5
Merit earned in the last 120 days : 20
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Here is one example of kind of string operation done https://twitter.com/coffeebreak_YT/status/1621581040539033603?t=Vy7hWZYrxK4mob8EeFMeHw&s=19It amplifies the need for investors to do their complete research before investing in newly launched projects. Even the person you had been admiring or following on social media platforms can be just promoting a scam. So apply some common sense next time instead of blindly following the expert financial advice of these gurus. Another platform, where this abuse frequently happens is YouTube where creators promote number of fake projects. |
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Link to the news https://www.msn.com/en-us/money/news/fbi-says-cryptocurrency-scams-involving-tether-and-usd-coin-on-the-rise-in-denver/ar-AA175wgQMy take on this is that scams related to alt coins are on rise all over the world. There is need to take concrete steps to fight against this like 1) Strict punishment for scammers who are caught doing fraud with crypto. This has not happened in past. In fact, in some cases, major scammers were let free because of connections or other reasons. There should be such strict punishments that no one can dare to think of scam in future because of fear. 2) Government should take steps to increase awareness related to crypto in general masses. They should hire experts to give detailed talks and recommend measures to general public to remain safe. |
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Current number of post (Including this one): 1679
Rank: Full Member
bech32 address: bc1qalv6lg6qt7g72jx35th694zzfa98gc6d9zm0w5
Merit earned in the last 120 days: 22
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This rank system should be kept as simple as possible. If you notice generally during school and college, only three ranks are given importance. First, second and third. There hundreds of students in each class and if we give each of them one rank (which is practically possible), the significance of ranks is gone. The current number of ranks are already enough and there is no need to add more ranks to complicate the system. Hero and legendary are kind of similar for me, it is just matter of time to reach the next rank. One has already proved his worth and knowledge by attaining the first higher rank.
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On Dec 2022, COIN's market value was $32 and on Jan 27, 2023, it is $61.47. What is the reason behind this 90% increase in price in your opinion. I also checked recent news related to Coinbase exchanges and could not find anything favorable. On the other hand, they are having all sort of issues which should have caused a decline in the stock coin price. Like they laid off 20% of the staff in January this year. https://cryptoslate.com/coinbase-lays-off-950-employees/They also then shut down operations in Japan recently. Then what is causing this reverse action ? Is it kind of trap by whales to dupe innocent investors and then dump the coin ? |
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Link to news https://ustoday.news/one-of-the-largest-us-colleges-has-started-teaching-students-about-bitcoin/Very commendable step in my opinion. We need the youth to eb aware about both the benefits and limitations of crypto. This will encourage crypto adoption on a large scale all over the world. We should also try to educate people nearby about crypto. If you do not have access to students, you can educate your relatives and friends. Then only this information will spread fast and we will have global use case and adoption for bitcoin. |
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