I think it wouldn't be that much of a difference, even if there is more wagers going on in three years that would be because there would be more people in crypto as well. To make numbers smaller and more understandable if there is 500 people in all of crypto and 5 of them play stake then when we have 1000 people it would be 10 people playing at stake, I don't think it will go down in numbers or it will go up too much then the crypto people neither, it will be same % of all crypto people but since the number will rise so will the gamblers.

I think its not really important what people will think of stake in 3 years but its more about what stake is trying to achieve in 3 years, that is a ton of time to plan ahead but if you are a million dollar company (close to 100 million I am sure) you must have some plans ahead, what I would like to ask the stake team, what they are planning for the next 3 years?

I think it high time we erased the thought of working with calculations or strategies and it’s like just in order to win a game. This is absolutely uncalled for. Gambling is for entertainment and I have the believe it only takes those who are working and well paid to gamble.

So, if we have money for ourselves, why can’t we just have fun with our money. We can still avoid losses by playing smart and not by relying on strategies. It is officially my 6th year as a gambler and I proud to say I never use strategies in playing and I am definitely not a great loser. The few record of loses are normal and it could happen to anyone even the strategy users Lol.

The first thing that we need to overcome first is that adoption, adoption cannot grow at once for bitcoin to serve the whole population as you speak, although you analogy is quite okay but I think that you know one of the problem we have is over printing of money which is destroying some countries as a result of corruption, now that bitcoin is limited in supply, don’t you think that it will correct some of those faults, an moreover, when we get to the bridge, we will cross over it.

There will always be a way to expand the limit of bitcoin when we get to that stage, and more so, don’t forget that we will always have other alternatives like altcoins, and fiat will also never die off the earth, bitcoin will only reduce the number of circulating currency, so there is nothing much here that I see as issue or challenge in future.

Volatility will sure disappear because the amount of Bitcoin is limited, and as demand increase, supply decreases, closing the gap between both and then reducing the level of volatility that we have in the market.

The reason why volatility is still much now is because there is still enough bitcoin supply in the market and the price is still very cheaper for people to buy and sell, imagine that 1 bitcoin cost like 1 million dollars in future, how many people would be able to afford this, and how many quantity of bitcoin would they be able to buy at once to manipulate the market, not even the rich man will be able to buy more than what they can afford, so don’t think volatility will not reduce, it will sure reduce overtime, and the time it will reduce depends on how fast adoption can be.

If he was really known, I am sure that he would have explained to government how he has factored them in, but I think the thing is left for them now to figure out. One of the reasons why government is still about skeptical about cryptocurrency of bitcoin is that they think that the system will be against them in the aspect of tax because they way that people have portrayed it, like a system they will use to hide from government meanwhile that is not the case.

Satoshi is human and I am sure he understands how government is being run, so he would really not do anything that much to affect government, just the banking sector that I am sure that he is after, because this system would affect more of the banking sectors.

In my routine crypto activities, I don’t consider any money that I put in cryptocurrency as being gone because I worked for it and it is my sweat so I deserve to get it back and also have some increase on it, and because I recognize my money as what I work for, that is what usually motivate me never to allow myself get into the hands of scammer that will swindle me of it or invest in a bad project that will fail and make me loose.

Although we have different approach and different believe but I see that we both have the same strategy, I mean strategy of just investing in top reliable coins like the ones you mentioned, and that is the best way that one can still protect ones capital, we invest strictly in project that is of high quality so that we can have something to hold on to as profitable investment in future.

Ethereum has only one platform, and that is their blockchain platform, which projects have to register through and as people demand for Ethereum to fund those projects during ICOs Ethereum is meant to increase in value, but look at the very pure funding that most new projects are getting now because investors lacks the trust in them to really handle their money because of the so many challenges they have had in the market.

If there is no money being invested into ico, there is no way that Ethereum will have demand, so I think Ethereum still going to be stagnant in price now till something is done to encourage investors to come back to the ICO market again, maybe when they have regulations, that will help keep away bad projects and scammer from ICO.

No matter how small the amount of investment it, such amount is best in a coin that is reliable and you are sure of gaining some profit on even if you have to wait for long, so with this small amount, I would not advise that you take your chances in investing in altcoins, just head straight for bitcoin and make your investment in it, with bitcoin.

There is absolutely going to be a chance of you getting about x5 on whatever amount that you can afford to invest and depending on when you choose to exit the market with your profit, I expect bitcoin to reach at least $25k in the next bull run and something more than that in few years come, so it depends on the length of time that you intend staying in the market and also goal setting.

Really surprised that some of you are still making use of the Poloniex exchange even till now . Well, let’s just say that they can’t afford to pay back the money that was lost and they have decided to pay back by allowing those that were affected to trade without fees. But, it would have been better if they paid back all these people, but since they wouldn’t, those who wants can still make use of the alternative they have offered.

As for cointelegraph and coindesk, that’s one annoying thing I hate about most of these media sites they are fond of carrying news that they are not even sure about, unless they are being paid to broadcast fake news. Another thing is that I don’t even know what they gain from broadcasting fake news like people wouldn’t get to know about it or what? At the end people always finds out. So it doesn’t make any sense spreading news that are fake.

Can’t really tell if these coin mixers are legal or illegal, but the purpose for bitcoin is to be pseudo-anonymous and that’s what these coin mixers are trying to accomplish, to make it more difficult to trace out. I know that most of them might be doing it for a good purpose, but some people are now using to accomplish their bad purposes.

Just like recently I saw news that the Binance hacker has moved about 4000+ bitcoin into a coin mixer so that they would be hard to trace. That’s one of the disadvantages, people would be using it for bad purposes.

Advantages of these coin mixers is that if you’re someone who is a huge investor and you don’t want hackers to target your wallet, you can move it into coin mixer and have it mixed with the giant pile of bitcoin so that people will find it difficult to trace. That way you wouldn’t be a target. But people continues to use it for their bad plans as well

Exactly the way you have stated it here is how bitcoin should have been operating right from the onset, it is meant to gradually rise in value as adoption rate increases, which is what I have been seeing from its market movement lately, the value of bitcoin has come to a stage where it is getting more and more difficult to be manipulated after people have learnt how the whales has been manipulated.

I am not sure of MT GOX you made reference to here which was in 2013, but the coin was still pumped by whales in 2017 which was what lead to that major dumping we are all yet to recover from, the only thing I have just learnt from that dumping is that it really built people and made them not to ever fall for fomo again which is why the market has been rising slowly and healthily.

Reason for the increase is just nothing but pump and fomo, it must have gotten a big investor with big money that has been taught how to use his money to manipulate the coin, and people like you and I are the one that will suffer the dumping when it is being dumped suddenly.

How many people really know this project and how many people  were willing to invest in it when the value was down, but we can see how people are so willing to start investing now that the price as gone up and this is the major target, now people will start putting money out of fomo, while as they put  money, the value will keep going up and the big investor witnessing as profit climbs his money, if those new investors are not careful, these large investors will sell major part of their coin dumping the value.

It is still not a concern for me, because we can easily spot out project that will have the tendency of using our data for illegal purposes, but if you see some reputable companies, you will know that they will always protect your data at all cost, except maybe till they exit the market and there is no longer anything binding both of you, then they can be compromised and then sell the data to those that needs it and would pay for it.

Before I give out my data, I must make sure that I properly verify the details of the company, and if I can get their details and I am convince enough about them then I would have no problem submitting my own details to them too, hoping that one they, they will not get compromised and then use the data in a place that will disfavor me.

You cannot compare the recovery rate of stock market to that of cryptocurrency market, prior to when cryptocurrency market was established, I have seen cases where stock market crashes and people loose their investment completely, but in cryptocurrency, it would be difficult to lose money completely provided such seller do not panic sell, or the project he invested in is a scam or a bad one, but do long the project has a working team and product, the value will pick up faster and recover faster than that of stock market.

I know that many people that have investment in stock market are also beginning to consider the market of cryptocurrency as one that they also need to put money into, so if stock market crashes, it is either they fall back to crypto which I believe the two cannot fall at the same time.

I think being greedy is not really the problem, it depend on the level of greed because sometimes, greed even make us to do better. Maybe from my experience though, I have noticed that  when you wish to play more in order to gain more, it works perfectly, might not be consistently but so many times I noticed it that greed can sometimes serve as a motivation.

I am not encouraging anyone to be greedy, and moreover I don’t even see any form of greed with what the OP did, he did what was right and I am sure anyone would have done same. It’s just too bad that luck decided to be unfair to him with the game; we all know that gambling is a game of luck. Maybe we should always check our stars to be sure it will be favorable in gambling.

I think you should at least consider yourself lucky for having friend that have win huge money, its rare. I have never won big money and it’s the same with my friends, I believe having friends that are winner could give me hope that my time would come, but sometimes I keep wondering if I would ever win big or if there’s actually anything like huge win in gambling.

The only time I would have won big was in 2018, but I made another mistake that took down the money. I won about $3000 on a onetime bet and rather than withdrawing the money, I decided to double bet and instantly it went down the drain. It was really disheartening and I felt really terrible. But I am still hopeful that a time would come for me to win mine. Let’s keep on being optimistic.

Yep you’re right about that, there are times it will reach and an exchange won’t be able to contain the activities and the number of people that are on the site, they either have to upgrade or if they keep on like that, then people will have to look for another exchanges that is good. Though one thing I don’t like about new exchanges is the fact that they usually fake their volume and doing that means that they are not sincere. It’s hard to find a new exchange that is reliable on a hundred percent.

This is the reason, we must risk only what we can afford on losing and also we must follow diversification rules. This way we may reduce the percentage of risk factor and still we cannot eliminate the risks absolutely.

For me I would say it is hundred percent all of them cause none of them ever paid me, I regretted ever working for them and the worst part of it is that some of them are scammers. The same thing with other things like faucets, they are all just a big time wasters, there is nothing to gain from them. I would rather just get money and invest in Bitcoin, hodl and take the risk for sure instead of wasting my strength and time with things I’m very sure are not even going to pay.

Just participating and collecting the reward has to do nothing here. The question is what about the rewards. You got chances to make some money out of those rewards? If yes, please share them.

Serbia played Turkey last night in some Greek tourney or something and they have shown what they can do, people are not saying Serbia has a big chance to win the cup (IN A CUP USA PLAYS!) for nothing, they played Jokic and Boban at center and had Bogdanovic scoring like crazy, of course when faced against USA things will be different but lets be honest with each other USA brought people like Brook Lopez, how much do you really think Brook Lopez can stop Jokic, dude is literally one of the best centers in the league right now, same with Greece, they have the latest MVP of the league with Giannis, I doubt it will be easy to stop that dude. So, USA may still get the gold but I give Greece and Serbia a lot of chances to win looking at how they played recently.

That is what stake did for a long time to keep people on their website, getting people to your website is really challenging however keeping them on your website is even more difficult.

What they did was for months after months (maybe even longer than a year) they did stuff like "make reverse of your bet in a row and win x amount", "make 77.77 and win x amount" and many stuff like that which makes people bet and eventually try to get those numbers in dice or some other games as well and in the end that made people bet more and stay there because there was constant promotion going on.

In the end they can't continue to do that forever so it got slowed down a bit but if you do decent promotions and the signature doing well I am sure it will both get bigger in user numbers but also won't have as much turnover neither.