On one hand you use the slogans coined by bitcoiners, fiat critics and people who hate speculators (1btc=1btc) and then you use wall street terminology (unrealized loss).
Decide on which side you are because wall street will hate the buy and hold, and not your keys not your coins people, but they;ll gladly introduce you to terms like high risk assets or shorting bitcoin with leverage.

I say fuck all those chart masters who will tell you that bitcoin is in a bear market because a line crossed another line, or because it went down 20%.

In 2021 bitcoin made a new ATH, lost 50% from its ATH and then made another ATH. If we operate on wall street's terms it was in a bull market, then bear market, then bull market again and ended up in bear market in November, all in 1 year.

Bottom line, hold it and they will eventually come begging that you sell it to them for the price it is today, mark my words.

I'd be more worried about their control over me and the other people.

I like how someone once said that CBDC means central bank digital control. This is 100% on point and if you see any other explanations or good sides of this crap, you're oblivious to what they really want and what the end game for the governments is. Surveillance, control and subdual of the population, so that you're unable to protest, unable to hide income and do anything unlawful that involves currency, unless you're able to hack the system, or use another form of payment, like barter or crypto.

Crypto.

Why?

The answer is very simple, I don't want to be a slave to the government.
Show me real estate that doesn't take from you. If there was real estate I could buy and hold without any expenses I'd take that over crypto, but there's nothing like that.
Everywhere you have to pay property tax and often also pay garbage fee and maintenance. I have a small apartment that I've inherited and that costs me about 1k USD a year, even if it's completely empty, unused and unheated. Even if I don't take any profit from owning it, just hold for a rainy day.

My bitcoin doesn't tax me like that.

Why waste time thinking about something that cannot happen?

How would you centralize bitcoin? You'd have to for instance centralize all mining, making it free to mine in your country, but free power for mining wouldn't mean that you'd control miners. You'd simply make them mine at your location, but the hardware and profits would belong to them, otherwise nobody would go there.

Everything is governed by basic math and market laws. You cannot centralize bitcoin without spending billions of dollars in the process, and even that doesn't guarantee success, but you can be sure that your investment will drive the price to new highs.

I don't need a bull run. What I need is a stable price, but I'll take an unstable bull run too.
OP asks a strange question, because if there's no bull run then what? Slow increase, or slow decline, or maybe a sharp decline?

If we were to drop from here I'd hold because I'm not selling anywhere below 50% of the last ATH, so maybe if I were in need, I'd sell some bitcoin at 35k and above, but below 30 it's all or nothing for me. It doesn't matter if the price is 20k or 10k, I won't touch my coins.
If we stay in the 30-40k range, I'll be fine even if I have to wait 10 years. A good store of value is always appreciated.

A typical statement of a bully.

Let's picture another environment. Somebody comes into your home, ties you to a chair and starts pulling teeth, asking for all your money and for the location of your children so they can sell them to a brothel. You refuse and they ask the question you are asking. How many more teeth you have to lose before you give up? We can start cutting fingers too, how many more fingers until you start considering our proposal?


How many Russians have to die before they decide to go back home?


This is already funny. You should tell that in Ukraine and they'll be laughing after the first sentence.


Much better than the original. Here's my attempt:

Putin meets with Lukashenko
-Hey Vlad, how many votes did you get in the last election? I had over 90%!
-110% my friend. Even unborn children vote for me.

I'm not allowed in, but good luck with your business. Not going to risk it with a VPN.

Out of curiosity, if you allow VPN use, how are you going to know if the account got stolen or not? Casinos usually don't allow people to use these services because it allows them to monitor the IPs and lock withdrawals if they're made from a different location than the one a player registered from. This may become an issue for you later on.

It doesn't. Why add translations if they can confuse users? Can't do it right? Then don't to it, don't offer translations!

Imagine this situation happening with a user instruction of a tool.
You translate it to a number of languages. In one it says the item can be operated in high moisture and rain, in the english section it says it cannot. The user reads only his native version and gets electrocuted.
Who do you think is going to win in court? You, because you had a verse in the English instruction saying all mistakes in other sections don't count, or the guy's family claiming damages?

I advise OP to go to court over this because mistakes in translation that lead to misuse of the site shouldn't be blamed on the user and he shouldn't pay for it.

I've heard of gambling tournaments where you don't have to pay anything to enter.

I've also heard of poker tournaments where gamblers pay a small fee and then are given large sums of money to play at the casino, to see how it feels like playing at high roller tables, being able to take 10k bets with 100k on the table. If you're lucky and get to the top 3, you get some real prizes like casino credit.

I've never heard of social tournaments, but it's probably another name for similar thing.

In the famous words of the Sith Lord: Good, good!
Less bitcoins on the market.


That's the sad part. I bet these people had no idea what they were buying. They watched CNBC for a while and googled how to get bitcoin easy without a risk of being hacked or scammed... so they got someone who could do it for them and... that's how they got scammed.

Yes, I think that it was a scam. There's no way someone would start a bitcoin company without knowing how to create backups.
That said, Karpeles changed Magic the Gathering card trading site into a bitcoin exchange and scammed everyone, so shit sure happens in this industry.

There's really a lot of it. I don't like people who beg and try to borrow money from strangers in physical casinos, although they often get kicked out for such behavior. I don't like people who are being too loud and all that. I know some of my friends who can't control emotions when they lose and when we decide to bet on a match and watch it and they happen to lose, they make the whole evening sour for us all. They can't get over it even though it's just a few bucks.

The problems people face when they lose are one of the main reasons why online gambling is taking over the world.

Begging others to get bitcoin is bad, just as selling your house for that reason, but I feel like we're talking about extremes here. Just as it's not a good idea to borrow money to gamble, or to invest with high leverage, it's also not a good idea to be sitting on millions in fiat money and not getting even a single bitcoin.

I feel like the advice given by OP, although good, is very obvious to any grown up, responsible investor. I feel like it's aimed towards teenagers for whom bitcoin is their first investment ever.

What comes to my mind after reading this is that most problems of the poor could be solved by the rich. If the rich started solving poor people's problems, maybe one of those poor people would be able to return the favor. It happens that the poor are often smart, they have able bodies, they can work their way up, but they weren't given the opportunity, weren't raised in a proper way.

Money doesn't solve the problems of the world but it certainly helps in putting things on the right track.

In my case it did not help me in any way. The only positive aspect of it is not losing more money than I could.

I haven't made a lot for money, haven't had relationship problems, haven't been depressed over gambling or any other thing. I'm not really making money out of it, but I do it for fun and try to keep things in check. I'm not losing too much and I'm not making enough to live off it, but the feeling of winning from time to time is what I like and why I keep doing it.

There are people who wanted 10k bitcoin last year and are still waiting for it now. Don't be like them.

The problem with people who wait for crashes is that when the actual crash happens they either buy very early and then get scared of it going down and sell, or they keep on waiting and waiting and then it bounces back and they feel like the opportunity is lost and never end up buying.

Don't act like a trader when you're not one. Just buy and hold. Eventually it's going to be worth more than it is now.

The best time to buy bitcoin was in 2009, but if you missed that, the next best time is now.

Another example of how these forecasters know nothing. He predicted an uptick and got the opposite. I don't follow anyone and I don't watch any of these predictions because they're usually wrong, whatever they say. The only thing that seems to be consistent with these guys is that the ones that scream the loudest are usually the worst.


It takes very little to make bitcoin go to 30k because of a very limited number of coins on exchanges. It's the lowest since the 2018-19 bear market, and since that date we've mined more bitcoin and established more exchanges, so just think of how many now hodlers had to take their coins offline. We could literally go to 30k in an hour if a large buyer came in.

It's going to be my third bull market and I'm not planning to do anything different.

I've accumulated a decent amount of bitcoin and I'm not going to give it away until I find something to do with it, meaning some other investment, a business, something that I want to buy.
The difference between bull and bear markets in my case is how I handle my spending. In bear market I accumulate and hold. I spend fiat money and don't touch my bitcoins unless I really have to.
In bull market I look for things to buy. If there was something coming, like a house repair, or appliances that need to be changed, I'll do it then. If I need a new car, I'll buy it in the bull market. That's basically it.

The main difference between bitcoin and fiat in this matter is that when you hold fiat you're taxed for the coins stored every single year. The network fee doesn't "tax" you for storing bitcoin, only for moving it around. This means that in 10 years, with the average 5% yearly inflation, you'll have 50% less purchasing power, while bitcoin, even if its growth stops completely (I don't think it will) you'll have the same purchasing power, minus a small network fee which is just ridiculous compared to banking fees.

To give you a perspective, PayPal charges 3% per transaction, so if you want to buy a phone for 1k, you have to pay $30 in fees. Sending the same amount with bitcoin is going to cost you less than $2.

What's with the "such wow"? Are you a dogecoiner?

Let's see what Wiki has to say about it :

In areas that have enacted self-exclusion policies, an individual who is aware that they suffer from a gambling problem can voluntarily request that their name be added to the self-exclusion list. If their application is accepted, the person in question becomes legally banned from all participating casinos within the self-exclusion coverage area. If a person who has been added to the self-exclusion list enters or attempts to enter a casino that participates in the self-exclusion program, they can be arrested and charged with trespassing.[1] In addition, any chips, tokens, credits or other winnings in their possession at the time of arrest can be confiscated or invalidated.

The participant must complete the form voluntarily.

https://en.wikipedia.org/wiki/Self-exclusion

The problem with your case is, you've never requested to be excluded. You've requested the account to be closed, which doesn't block you from using the casino. A gambler can for instance think his account is unlucky, or doesn't like the name, and wants it to be closed. This doesn't stop him from making a new account, or later reopening the old one.

You admit that you've never asked to the self-exclusion list, or that you're closing the account because you're an addict.

I think that they were focusing on other branches.

BlackRock has recently invested in Riot Platforms Inc, Marathon Digital Holdings, Cipher Mining Inc and Terawulf Inc, which are 4 biggest mining companies.
If they are doing it, it means they know the industry is going to explode after next halving, which will coincide with a possible ETF approval.

I'm, not saying it's impossible for them to influence the price to get more bitcoin, but I feel like they have a lot to lose by "playing Musk" and saying they'd open ETF and then trying to dump everything to crash levered investors.

I feel like this recent dump was Bad news from China > Stocks sold off > Investors sold bitcoin to cover positions in stocks > Moved bitcoin below MA200 and caused a liquidation spike.