~snip~
Hi. There is already a tracking system for Bitcoin, and it's called 'blockchain'. Some argue, that because of this Bitcoin can actually better for fighting money laundering than fiat because fiat can go without traces (cash), whereas Bitcoin cannot. As for money laundering in general, all types of money can be used for it, so we should not blame Bitcoin for it. Moreover, it's debatable whether Bitcoin is even used for financial crimes more often than fiat. If you are talking about IDs as in government IDs, then you'll find a lot of people being rightfully against it, because such a system could be easily abused and violated privacy even more than it's violated these days. This is very well said to me, and that is a good perception. In addition, Bitcoin cannot be a global currency for its nature. It is just accessible through the internet. It is a digital currency where you cannot have any tangible thing. It cannot reach through places that are out of civilization, I mean those places that didn't have internet connections/services. Some also said this is the currency used for illegal transactions so this will not be a possible global currency. |
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Most investors have learned the market drill. Altcoins usually end up with nothing which is a big loss if we'll invest in it. They became wiser as they seek assurance and chose only to invest in Bitcoin and other top altcoins. I guess we're not aware but there are still lots of investors who are purchasing and holding crypto. Things will surely go back to normal when the bull market comes.
Well, that's right. At least they are much more aware now than before. Besides for me, that's not possible. Since crypto is an online currency and government from other countries find it illegal so they are also taking actions to stop bitcoin because they believe that it is being used by criminals and drug lords in their illegal transactions. However, let's just hope it won't happen in the future that cryptocurrency will be gone anytime soon, in a positive way of thinking Bitcoin now is on mainstream and other cryptos for the good purposes. |
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~snip~
On the other hand, having 0% house edge is impossible to grow in the long run especially if they have a lot of players. It would be better if they have at least 1% house edge to sustain their maintenance fees on the site. Zero house edge would lead to bankruptcy.
Sounds you are right, thats why commonly all kind of gambling sites that has a 1% house edge. I don't think how to survive the gambling casino without a house edge, all fees are covered on that and at least the gambling site owner will keep the profit from house edge. If the scam site wanted to tempt gamblers and one of their victim they will lower the edge but actually they are not safe. |
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If I would have a chance to enjoy a single dinner with Mr Satoshi, I would ask some tips on how to create something that would be as popular as Bitcoin. I will ask him his inspiration for creating it and I will ask if he's contented with the current situation of BTC. The problem is, no one really knows who the real Satoshi is so it will be too impossible for any of us to make it happen.
I think he won't tell you if you are asking how to create another coin that popular like bitcoin. Just like you are competing with him and asking the idea that comes from Satoshi. Well, if that will happen, I won't instantly ask to give me bitcoin but I will ask him why he is hiding instead of revealing his self. I will ask him if is there any threat to his life from the government the reason why he is hiding. Also, I will ask him what are the other ways to earn a big profit on bitcoin as well. |
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I'm new to gambling but have already tried several sites today, there are obviously more twirls (settings) than on wolf.bet, but one tincture for automatic bets is missing, this is a reset to the initial bet after reaching a certain bet value, without stopping the game. I don’t know, maybe I didn’t find this setting or maybe it’s turned off for reason...
Autobets are available just beside the Manual Bet tab. There should be an Autobet in every gambling platforms in dice feature, but I prefer to use manual bet. Freebitco.in is a very well known gambling site because of their faucets. I have an account there and I used to play HI-LO game on this site but I always lose and I don't think it's a fair game because I never win even $10 on it and I don't know what is the problem on this site. It keeps me from winning and I already spend too much money on it and still earn nothing. Probably the word "luck" is not in my favor. |
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Well, the danger is that you might lose your money if the price drops down and you do panic selling. That the most important rule, you just need to know in the crypto world and how it works when you are in investing. Since the value of it is volatile, so it may rise or fall from time to time and you don't need to be afraid of it and just keep on holding until the price increases earn a big profit on it. ~snip~
It actually there is a risk in all kinds of investment and if we think this all the times, it much more affects in our lives and the way we go into trading.
Risk is always there but if you know how to manage it, you can gain a massive profit I guess. I recommend not to invest ICO's they are bullshit to me. Focus on bitcoin and other top 10 altcoins that has potential. |
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I'm not worrying much, because I invest what I can afford. I have an two options thats why worrying much in prices wont break me. I choose the short term and long term investments. with this my funds are not at risk. I earn knowledge to control my funds because we know crypto currency is volatile and predictions are not enough to make more profit. just believe on your knowledge so worrying much will no longer you can imagine.
We are on the same side, that's why no worry about the market situation. In this cryptocurrency world, we can really experience a fluctuation of value since the value of cryptos is volatile so it may rise or fall from time to time and there's nothing to worry about it for now if the price is down. It is the best opportunity to invest in bitcoin to earn a big profit when the price increases again. If you are a kind of investor that every week watching the market situation, you can easily feel panic selling. If you believe in the next halving will come, surely you are a strong hand hodler. |
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Well, it's because of the demand and the supply. If it's the demand will increase and there's a lacking of supply then that reason why the value of bitcoin will be more valuable but it's not permanent since the value of bitcoin is volatile so it may rise or fall from time to time. It is the most important thing that you must need to know as well. But sometimes I also believed in whales manipulations in the market for sudden downtrend and having a struggle when it comes to raising up. That makes bitcoin valuable and very volatile price.
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Dollar is getting stronger and stronger only against other fiat currencies but it is not getting stronger actually. Because around 100 years ago we used to buy much more things from $1 than what we can buy today. This clearly shows how negative dollar's value has gone and this will go even more down as fiat are meant to be in such a way.
I think it's because the USA is a powerful country all over the world the reason why the value of its fiat is big and dominant compared to another fiat. Well, Since Europe it the motherland of the USA so maybe there is a possibility if they will allow it but I think this time it's too hard to predict since the dollar has different features compared to the euro. |
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Yes, we all know that Bitcoin is not as volatile as altcoins, Altcoin tends to give more profit in a short term than bitcoin. But one must make sure that the altcoin in question should have enough volume so as to accommodate any dump and reduce chance of much loss. Another important thing to note is to make sure that if you must trade altcoin on day trade is to make sure that you trade altcoin that have good credibility score of which the team wont dump on you at the slightest chance
Yes, you are right. I have a friend who invests in altcoins way back year 2017 and that's even not a long term investment. It only takes around 2 weeks then he trades it and earns a big profit. His $5 turns into $1000 and it's a really big earning the reason why I do believe that you can earn more in altcoins rather than in bitcoin. But choosing potential coins is better to have, every decision you have made in trading is a very risky part. You should always do research when you are in trading and bitcoin is the best for long term holding. |
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There are a lot of short term trading opportunities available in crypto market. Since, the market really very volatile and there are frequent short term trend change, short term trades can be really fruitful. I agree for the people who doesn't know trading much, long term as an investment opportunity in crypto is better. But they can play with stop losses and keep a check on price and trends which are quite visible and structure their investment accordingly.
Those who do not have idea about trading techniques consider short term trading highly stressful and hectic whereas experts make great money by this profession. Crypto has tendency to accommodate both kinds of traders whether they are long term traders or short term because altcoins are good for latter and bitcoin is best for former. Trading is not just an easy to make money, you need first to have a deep study on it and probably you may encounter a big loss. Well, I would prefer smart holding rather than just holding because we all know that holding is a really great investment for you to earn big profit in a long term but smart holding is great as well because you don't need to wait for a long time. As long as you can earn even a small profit would be fine as long as you are earning fast. |
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If you will invest right then you can still get wealthy through bitcoin. It is all about having a decent system for yourself to follow because that will become the rules and regulation for you in terms of investing. You can simply invest in bitcoin and forget about it for at least a year or you can actively trade your bitcoins to make it grow in a faster phase.
Be sure that you understand very well your investment no just in a short period of time and the risk includes this. Indeed, Absolutely! All you need to do is to trust in bitcoin. As long as bitcoin exist there was still a big possibility that you'll be able to get wealthy. You must invest as much as you can for now since that value of bitcoin drop down this time so you can be able to buy it at a cheaper price then earn a big profit when you sell it. |
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The percentage actually doesnt matter, but if we talk about dollar and trading with big money, some people wont' be willing to give $100 dollar as a fee no matter how big their profit is.
It's all just about greed.
I don't think if we call it greed. Profit is what we meant for and that is why we're doing trading. Seeking for a low-cost fees is what we look for cause it really affect into our ends. Even thought it is just $1 fees, it is still big for small traders, unlike if you are already a big fish but I know it still be matter for them when the market turns into difficult. If the trading fee is 0.25% then $1 is a fee for 400 USD trade If you are the one who traded it and you made like 10% profit out of it, then $1 is not a big deal comparing to your profit. Still thinking that $1 is big? Just my opinion, even that is a tiny bitcoin amount that still worth it. In my place, I can buy e-load from networks provider and subscribes in the amount of $1 dollar so I think still that is quite good. Trading fees really matter on me because even if it's only a small amount but if you keep on trading I think it will become big. You might not feel it instantly but if you will be going to compute your total fees for the whole you can say that it's a really huge amount of money. |
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Well if there are people who can testify that it's a scam then maybe we will believe on it that it's a scam but if there will be no reports on it then it's not but if your undecided or your afraid to lose money, then much better if you will just look for a trusted site where you can trade and assure that you can earn. You should give time to have research, we know how risky trading in cryptocurrency not a scam.
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We don't need to pay attention about plan of those who want to try killing Bitcoin, because that can never happen. They tried it several times but still failed. So I think we should not be afraid of their threats, we will continue to give people a good understanding about Bitcoin so they can really accept it.
Well, in that case, the government is afraid to bitcoin the reason why they want it to shut down. They can shut it down as much as they want but I do believe that they won't succeed because the government has no access to bitcoin the reason why it's hard for them to shut it down because it is decentralized and no body's own. There are still many countries adopted and accepted bitcoin especially in south Asia. |
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Yeah, it is very possible since there are many services that deals with lending and borrowing of bitcoin. You just need to be careful since most of the sites that deals with such online lending service are scam. Don't follow any link you have little knowledge about and end up getting defrauded of your funds.
Do research and risk on your own, that's a really good idea. Because of that, I think many people will be able to earn a big interest in it and also many people will now be able to get interested to invest in bitcoin as well. Indeed, you can't scam if you know how to dig more research about them. In that way, bitcoin will be more popular all over the world and it can boost the economy of a country. |
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My research show BTC can hit 100K$ by 2025, What I noticed is Most people sell Their Bitcoin for 10$ Profit, they dont hold btc and they sell it for 10$ or 20$ profit, these people will never get rich.
it will be good if you can share with us your research, so that we won't be thinking maybe you just fabricate the price at such huge amount, everyone will be glad if it truly hit the price by 2025, because it kind of look impossible at such time frame In that year probably next halving come, I saw article las month there is a count down of the next halving. I think it's too early to predict the price of bitcoin on that year since as we all know bitcoin price drop down for now and it's too hard to increase and I don't know why. Unlike in the last few years 2017 that bitcoin reaches $20k. I don't think that bitcoin value will rise up to $100k by the year 2025 or it will be doubled as what we expected. |
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i have a friend, he dont know about bitcoin. someday i ask him to join this site but he refuse because it take long time to gain and a chance to gain profit is not sure. when bitcoin price reach top on last year, he late join and decide to be reckless. he buy at high value with his money, and he ask to some friend and he said this is investation. but now he lose all of money and fund. he try to return money to his friend and try to fix his life.
moral message, dont borrow money for investation.
We should know how bitcoin works and the possible circumstances that happen. Unfortunately, your friend did not get any advice from crypto enthusiasts expert when it comes the financial problems. Well for me I think it's not necessary to loan in order for you to be able to but bitcoin because as well all know bitcoin if for a long term investment. That means you can earn a big profit but in a long period of time. Then most of the loan agreement is you must pay your loan every 15days or every month so where can you find the money to pay your loan? It's very hard so much better to save money first. |
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Absolutely! You are right. Even if it's a small amount if you save it in a long run it will have a great value and unlike fiat, bitcoin has a bigger value so you must keep every piece or even small amount of bitcoin that you have. That's what you need to practice in order for you to get a better profit. But I won't agree on OP that he/she has a different account on exchanges that have an asset, much better don't keep bitcoin because you don't know when they are going to close.
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Unicef have accepted bitcoin as donation, if you have much money and keep your bitcoin earning and donate for Unicef to help many children can't eat and get education in their life, around world many country and many children can't enjoy their live because their parent was gone and pass away by war and now they need our help, as bitcoiner we have help each other and good respond if UNICEF want to accept bitcoin as donation.
That is a good help to the bitcoin itself as well. That's really good to hear so that bitcoin will become more popular all over the world because Unicef is also well known all over the world. It's really good to help Unicef and to cryptocurrencies like bitcoin and ethereum as well to gain more investors. People who want to donate anonymously will also encourage to give because they use bitcoin and ether. I hope all establish like this not only for NGOs. |
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