i would like to gambling with crypto, because your earning can change anytime if the crypto going up, so my favourite betting is bitcoin ofcourse  I also like to gamble using crypto because there are already many gambling places supporting various crypto (cheap ones), even though we only have a small capital we can still bet differently if we use fiat it must have a lot of capital (my experience). and the advantages of crypto, it's true that the price can change at any time, if the price goes up, surely we can benefit many times over. get profit from betting and get more profit from the price of crypto that goes up. When you bet with fiat, you don’t have many options of currencies to choose from. Of course you will use local currencies but with cryptos, there is unending variety of currencies that you can opt as per your need and demands. Moreover the volatile nature of crypto currencies can give you enormous benefits if you hold your coins for some time that you won in gambling. |
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People from China have a huge mining power, they have a lot of Bitcoins, it's logical to assume that they can manipulate with the price but until a certain point. They can't control the entire network, their actions can affect the Bitcoin in the ways they wish, but there are other parties involved too. It would be fair to say that who owns som amount of Bitcoins, control that amount, but nothing more.
I don't understand why China is being given so much importance. Most of the Chinese users started using Bitcoin only after mid-2013. And even now they rank below the United States and the European Union in terms of raw volumes. It is true that most of the mining pools are located in China. The only reason for that is the availability of cheap electricity and mining hardware. And as of now mining pools don't have much bargaining power, because they haven't formed any cartels or cabals. China is given importance because it is an emerging superpower. China wants to rule the world but as far as bitcoin is concerned, it is clear that china is not ruling it or may be incapable of getting hands on this technology completely. In the beginning when bitcoin was new to the world and it had to be mined out but now I believe maximum numbers of bitcoin is mined out and china is losing value in crypto world. |
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Bitcoin volatility is here to stay. There is no chance for bitcoin to become stable because the market of bitcoin is not regulated by the government and the market is also open 24/7 so there is no chance to prevent the market fluctuations. To be honest, it is an advantage to us because we can trade with the movements and make at least a few percentage of return.
Yes, it will not become stable especially that we do have a lot of holders in Bitcoin, so no matter how much we aim to make it stable it won't happen, especially that there are people who are holding Bitcoin that has an impact in the price once they sold it, crypto will stay but the price will differ from time to time, so we must be ready all the time. This is the prime property of bitcoin that makes it stand out other conventional currencies and means of investments i.e. volatility. Bitcoin stability will not be supported by anyone because in this way the buying and selling will slow down and people have to wait for longer times to buy or sell it off. Undoubtedly the sudden selling off bitcoin by large number of holders makes prices go down badly. |
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I am holding bitcoin and it's not going to stop, no matter what.
There were surveys made about this and it seems many holders get attached to their Bitcoin and will not sell even if we hit ATH again. I'm in this group and believe that these coins are worth much more than 20k. I'm not going to give it all up just like that. If we don't go mainstream I will lose my bet, but if we do there's so much we can gain on this small and simple investment. There's just one thing needed to succeed: conviction.
Those who give up on bitcoin simply regret when it is hitting sky during pumps. I am also among those holders of bitcoin who do not want to sell it off even in dumps. Seasonal holders also make good money from bitcoin if they are good in trading. I believe it is never a bad time to buy a bitcoin and leave it in wallet for some great deal of time in order to achieve maximum profits. |
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US and CHINA trade wars in my opinion will not affect bitcoin, although bitcoin could have benefited or lost from the war between the two countries, I am still asking if a faster payment process such as using bitcoin will help them also export faster and import, speed might also have an effect on bitcoin and the two countries, and even then it seems like the two countries are the most annoying countries for some bitcoin communities
I also have the same thought as you, the trade war between the US and China will not be related to bitcoin because Bitcoin is not a particularly important area, we can see the interest of the US and Chinese governments, they almost ignore it if I don't want to say they hate it. While talking about the trade war, the important point is the cooperation between the two countries, import and export goods and financial and stock markets, this war will affect people in these areas, bitcoin has no value in this war That is one way of looking at the picture. People who hold the opinion that this war can affect bitcoin is due to the fact that bitcoin worth is represented in dollars and if dollar gets hurt, it will hurt bitcoin too. Some think it will rather increase bitcoin’s worth and the number of investors will also increase. In my opinion, all the negative things of fiat affect the digital coin market in a positive way. |
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I totally agree with you. Bitcoin plays a vital role on Cryptocurrency in every transaction but it needs support from Altcoins. Altcoins also gives a good option in diversifying your money in terms of investment. Putting your money on a single basket is not really a good idea. In terms of trading coins, some altcoins really makes Bitcoin norr profitable and vice versa.
altcoins now should not only be a tool of diversification for investors, but they should also support the technological development of the market that will help achieve the mass adoption of cryptocurrencies in the world difficult for new altcoins to mass adoption, you can see there are more than 4900 coins or tokens listed out there, maybe that can be used as bulk adoption maybe only coins or tokens that are good, like ethereum, waves, neo, eos, if for binance I think they have proven The new coins that keep on releasing every other day hardly effect the old coins and investors. People who have been in the market for long or truly understand the concept of crypto coins, definitely cherish bitcoin regardless of what altcoins are doing. It is bitcoin on which the whole digital market depends. Those holders who choose new coins over old ones always end up in regrets. |
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I am holding with altcoin only because give big chance to get profit than bitcoin, I only have little money for investing with crypto and altcoin become more profitable holding assets I think than have hold with bitcoin because little money investing with bitcoin not have anything effect when bitcoin have higher or lower price, just take less profit if invest with bitcoin only.
Both is a good investment to hold. Altcoin is always with bitcoin, when bitcoin goes up and pump the altcoins pumps as well. Altcoin is good also but for me?wether I invest or trade my bitcoin still it will have a profit even I dont do anything. Bitcoin is simply a hen that lays golden egg every day which simple means that even you don’t do anything, you are making profit on daily basis. When you buy and hold bitcoin, you are simply by putting it in wallet making huge money whereas altcoins are like a hen that lays silver egg. Altcoins do give you profit but it is really small in worth as compared to that of bitcoin but better than nothing. |
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Yes, I can stop gambling at any time. I can start the game again. Because I'm not addicted to gambling. And there is no reason to be addicted. Because gambling is only a sport. So I think that one should not be addicted to gambling. Because addiction has the potential to cause financial loss. So I can control myself. If I wish I would gamble. It's not just that you have to gamble everyday.
Thanks.
But not every gambler understands this point that it is not necessary to gamble every day. People no more treat gambling as a game. For them it is some shortcut of making nice big money in short time with high dependence on luck. This is the reason why people with this silly hope spend a lot of time on this sports and loss huge money which they are never ever able to recover. |
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Change of technologies are not the problem because the major reason why new projects and existing projects are not performing well is the duplication. If you take crypto based payment transfer project you will find dozens of them with almost identical features without anything new so developer should not come up with similar projects rather they should come up with new technologies which will attract the market.
There is more than mere duplication. Obviously not two coins can be exact same but the major problem is whether the project owners are serious about their coin and if yes, then to what extent they care about it. A bigger portion of new projects is scam and this is the most troublesome issue of the current market. For new features, investors can actually give better ideas as they are the real users here. |
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
in my opinion regulation is very good if applied to cryptocurency because with the regulation all crypto users will feel more secure and comfortable. and now many countries have made regulations regarding the use of cryptocurency. because this regulation is very important for state finance so regulation is very important to be made by every country that has many cryptocurency users. Well in any aspect and in every decision of the government there is always good advantage and disadvantage, so we just need to embrace it and let the government do their job, if they will require taxes, KYC to every exchange and so on, so we have nothing to do with it but to follow as they knows best and this is for our own safety and security so let us understand them. Embracing all the decisions of government is not smart at all. If people will not resist their wrong decisions then I am afraid these authorities won’t fear in robbing all the assets from innocent citizens. A man must have full awareness of his rights and fight for them in case of compromise. That is what freedom is about. They know best and that is why they don't let people have the best. |
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The volatility of the cryptocurrencies in the market is what makes the big bankers to not be threaten. People doesn't want to stick to something that is unstable, majority of the people in this world always prefer a currency that is stable and regulated so they can feel comfortable when using it and they know that there is someone that is leading them which is the government.
Big bankers always have this ideology. People commonly have a thinking, something instable isn't good to be used as same as fiat. Global financial stability is much associated with the fiat as the cryptocurrency contributions were very low. Governments that are with the plans of adoption and development of own cryptocurrency feels this to be too early for the same. fiats not stable ? i think your wrong . fiats are stable . people do also love the idea behind cryptos , the unstability of cryptos rather because this gives them a potential to earn . crypto do not threaten the financial stability at all because it does not over lap with the fiat . fiat are still the ones the riegn offline while people only use crypto on the side specifically for online use and for doing business like trading or investing . bankers infact love crypto's and not hating it . Yeah in the start banks were afraid of crypto as they used to think that crypto might surpass fiat as it is borderless and anonymous and upto a certain extent they were also right. So to overcome this they started campaigning against crypto altogether in the shadows and made the reputation of crypto as a payment method used for buying drugs and money laundering. Now crypto market is less than a trillion dollars combined and this is just a small pond as compared to the oceanic fiat currencies. That is not the real game here, I think. There is a lot more than that. This is for sure that bitcoin and altcoins are going to take over fiat and this won’t take much time now. In the beginnings, bankers were afraid of crypto currencies but just look at the history of ripple and the picture will become clearer. If banks come up with their crypt currencies, they really don't have to feel any more threaten by digital assets. They will simply make a friendship with these coins. |
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Banks will add cryptos to the system, maybe they will even build their own app on blockchain system, everything will be changed, they either join or they perish.
I think banks will also join the blockchain system in their banks as I know banking is one way to store money but after the arrival of crypto I now people prefer to store their money in form of investment than storing money. I hope in a few years the entire banking system will start to adopt the blockchain system for making money storage its also helpful for the future of banks. Implementing blockchain is a totally different case than acknowledging bitcoin and altcoins. Blockchain is the technology whereas bitcoin is one of its products. Blockchain developers can improve any existing system. All those banks that wish to provide better services to their customers must embed this technology in their business. Without accepting crypto currencies, banks really do not have any future. |
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Bitcoin does get affected by the economical changes of the world. Either it will gain value or lose some. When the existing money system will fail in helping people, then bitcoin would be the answer. By decentralized, it means that no one can claim to control or own it. And that is true because if it was possible, then the country with such power would have been the richest and definitely super power.
No dude. BTC gets affected by the demand and supply of the market. What gets affected by the trade war between US and China is most likely the economic markets of the two countries as well as the purchasing power of their respective fiat. BTC doesn't gain nor loses value due to war, and again, it gains and loses value DUE to demand and supply. It seems like BTC is clouded because some of the traders are from the US, some from China, BUT not all traders come there. IF you say that it is affected because of such reasoning, then me killing some trader could be said to affecting BTC, which is stupid, like really. All the assets are ultimately judged by the demand and supply thing but neither the supply of bitcoin is in hands of this coin or the demand and even if their national currencies lose their worth, bitcoin won’t because the currency that will lose won’t be the one showing bitcoin worth. Let’s just have a scenario of deep web. The war of these two countries hardly affects people of that world. Demand wont decrease in deep and dark web for sure. This is just one illustration. |
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I see that is good news that can give positive impact into crypto market, many country use it for economic purposes. Some country still reject crypto because they don't have solution to keep their currency safe, bitcoin can become nightmare into currency value. They only need see more deeper, you can reject bitcoin but please adopt blockchain technology it will solve your speed network problem.
It is not that Germany is going to bring good change into crypto market rather the efforts of bitcoin and few altcoins made Germany realized that how much positive impact these can have on its economy and future. If Germany is doing it before many other countries, then obviously it will be having more economical stability and power in the future. And like you said, it will encourage others to invest too. Rejecting bitcoin is like rejecting peace. |
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I rarely watch news that's why I haven't seen or read this. Any kind of addiction if not treated as soon as possible will lead into insane doing. That's a lot of money he stole especially in 3rd world country. That's the worst i've ever seen. One of the reason why I don't want to go in physical casino is because of this effect. The addiction or effect of playing physically is on another level. You're going to feel it more emotionally and you are more eager to comeback.
This incident could be regarded as one of the worst situations that have ever occurred in the history of gambling. I agree to your decision of avoiding physical casinos because it always includes a risk of one’s life. Hence to play safe and ensure your personal safety must be a priority for all who are involved in it. Gambling addiction has become common nowadays therefore one should remain careful before getting into any of the available streams. |
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In a situation whereby you want to completely quit gambling, you should consider deleting your bet account or make it inactive for months(some betting site usually block inactive accounts). Which can again be opened by contacting the support team. Obviously they wont judge and allow you to unblock those accounts so you can play. You can also restrict your access to visit the gambling site URL. But in a situation whereby you are too addicted but shows interesting in gambling, you should create a budget from your profit and not from budget you have in mind for something else. If someone wants to become de-addicted, they need to bring the control from their own side. Whether they gamble or not is their own decision and every 18+ person is expected to gamble responsibly. You are responsible for your losses and nobody forced you to gamble. Whether one has control or not is a easy question to ask because someone might be gambling with controlled bankroll and not lose out to much money while another might be broke right after the day they get their salary. Go figure now. Yes, you are right it always depends upon the personal choice of the Gambler that whether he wants to incorporate his or her earnings in this game or not. Gambling is mostly done by those who are mature enough to categorize their losses and benefits. No one can easily find out the ways to quit gambling if they are addicted to it but once you decide it you can find some possible reasons to use your money in some other ways. |
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Spending large capital in trading, of course, will provide a large percentage of profits as well, and vice versa if we trade with small capital, the profits obtained are also small. but even if we are able to spend big or small capital of course both have the same risk that will be faced, therefore we must be prepared to bear all the risks that will occur
In my opinion, the amount of profits depends on three things in the world of digital coin trading. First one is asset. Second is trading skills and the third is that you have started your comment with, amount. First two cannot be compromised in any way. With good skills and potential asset like bitcoin, a trader can start from small investment and make huge profit but it will take some time. Loss is for learning. |
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the current market cannot jack up the price of altcoin, bitcoin does not currently have a significant effect on altcoin. so I think right now, it's no stranger to the decline in bitcoin making altcoin also decreased. this is a cycle that has been going on and has not changed
There's no "significant" effect but in terms of trends. Altcoins tend to follow up quite often and that's normal now these days. Even if I was looking forward to invest in ETH, it would be inevitable to get something at least for Bitcoin for a while. Let us just not forget that bitcoin was the first crypto coin and it attracted investors. If it had ever failed in doing so, no one would have shown even 0.1 percent willingness to invest in ethereum and then other altcoins that kept us popping with time till today. Altcoins highly depend on bitcoin for their progress and future. This is the biggest truth of digital coin market. Even ethereum, the king of altcoins, cant survive without bitcoin. |
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Until now, problems related to scams became a global issue, because scammers are everywhere. Not only in the crypto world.
But strangely, the deception that occurred in the crypto world was more in the spotlight in the eyes of the world, therefore ICO
projects were a scam, become negative effect on the crypto world. We as crypto supporters must try to educate newbies so we
can avoid scam, because there are many newbie victims of fraud. I hope next year the number of victims of fraud can be reduced
drastic, because I'm starting to see now that people are good at distinguishing between real and fake projects.
Even though there are a lot of scammers in the internet, you can still protect your capital if you have knowledge to the investment that you will take. There are investors who easily believe to the attractive words of scammers. You can easily find out if the project is something fishy or not if you will research it background well. There are techniques that you can use like reading the reviews of the other investors participants. In their reviews you can see if the project is legit or not. Agree, even though scam in crypto has become a global problem when quite a lot of people have gotten involved and lost a large amount of money but over time, the knowledge and perspectives of investors and participants have gotten better, the scam has been too easy to recognize, almost everyone has many factors to evaluate a project and plan. However, a common problem we cannot control, it is the greed of everyone, sometimes the attractiveness of money is so great, it makes people ignore the tips and criteria to evaluate projects. Scams and frauds have been with human race since its very beginning. A man can think and act in any way he likes to, whether positive or negative. That is an entire choice of individual. With cyber space, it has become more technical for scammers to scam and more difficult for authorities to control or arrest these scams. Being a little bit smart can prevent us on internet. It is not a very difficult task. |
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But there are those who are born in poverty which is not their choice. Also, take Africa as an example where the people are forced to live in poverty and can’t do anything about it because their basic rights especially with education are not given to them. It is by the corrupt politicians we turn along with the opportunistic people playing behind the scenes. You are lucky to have been born especially in a country where the government had provided you protection of your basic rights and needs as well as I.
If a person is born poor then definitely it is not his fault as no human being can really decide where would he be after his birth. However, if a person stays poor and dies in this state, then he should only blame himself for every down and pit of life. For instance, people who are not investing in bitcoin but know about it and witnesses how capable it is, cannot blame anyone else in future for same financial status. |
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