Not to mention, Bitcoin being used on gambling sites is one of the many reasons that it flourished to what it is now. Of course there will be pros and cons on using bitcoin or other crypto on gambling sites, but I say it's on the individual to weigh that if it's convenient for them on using it or not. For me, I say it's more convenient but I try to limit it especially if it concerns my privacy.
Exactly, the adaption of bitcoin and other crypto being used as the main currency for gambling is one of the great thing why crypto is flourishing and prospering. Actually, other than security and anonymity of the users, there is no main pros for crypto gambling website differ in just a regular online casino. Anyways, the convenience it provides to us in the crypto industry to directly use our crypto to gamble is already to good for me. When we interact and put our money inside an online gambling casino, that definitely already less secured and has less anonymity compared to when it was just on your wallet. I say the pros in it are just it's convenient for us to use directly and no need for middlemen just for us to be able to play in a casino. Soo much convenience i would say if we do tend to compare it into those traditional aspect or ways on how we would able to play without any hardship in speaking with anonymity and decentralized.Yes, there are some part which are totally some cons but not really that much or more worst when dealing with a fiat casino. The only con's i would say is in attaching yourself with the addiction on playing gambling and i dont see any issues about putting yourself known that you've been doing gambling.Its none of their business on how you would be spending up your funds. There are always pros and cons, in both traditional and online crypto gambling. And it depends on how you look at these 2, and how it will work to your advantage. Because at the end of the day, the funds that you will spend is up to you. But on my end, I found crypto gambling as a very convenient place for me to handle my gambling activities. So the pros and cons of bitcoin gambling as compared to traditional fiat casinos depend on the gambler himself. Some will stick to fiat or traditional, because they are more comfy with it as they are used to this set-up. But for most here in the forum, I believe, a lot are having their betting via online crypto casinos now. |
|
|
|
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing, such a possibility but that doesn't mean Bitcoin will drop to $8k, the most important thing is not to panic and follow the market movements all the time Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware. This is why I came here again to see what people are thinking now, that we are hitting this $23k level. So yes, everything is possible to happen but we also need to assess the probability of the scenario. There's a possibility that bitcoin will drop to $8k but what do you think is the probability that it will happen? For me, the likelihood of hitting the $8k level again is very low. I am not even thinking that we can go below $20k. This month is quite interesting one. One should decide what to do right now, because it can easily go up or down again. |
|
|
|
I like boxing game but i have never see a site were you can place bet for the participants that will win the game for you as a bet, example casino kind of gambling sites that is open for this particular sute of bitcointalk and soccer kind of betting sites you can bet both offline and online and when you win your funds will credit you directly from your account
I am not following you here. But if you will bet on a reputable bookie, why won't they not give you your winnings? Maybe, please explain further what you wanted to say here. Because in this forum, you will already find site with casino and sportsbooks combined. Just look at my signature and other known sites in this forum. And what do you mean bet offline? Are you talking about traditional physical casinos? But anyway, boxing, soccer and other sports - you can now easily bet online using crypto sportsbooks. Start from the sites you can find in this section. Also, have you tried checking your signature for this?  |
|
|
|
Its actually weird that celsius is doing the same thing now, i dont buy the backlog story. https://blog.celsius.network/a-memo-to-the-celsius-community-59532a06ecc6It's not a new thing, they been doing that to lesten backlog of transactions every now and then, not only bitcoin but also on other blockchains such ethereum.
On the "eye opener to those using centralized exchange" thing, most people already knew that, but what, of course using centralized exchange that has large volume for trading purposes will always be the better choice if you want to trade and to make profit.
With this kind of market, people getting crazy not to sell their holdings, you won't use DEX and wait longer times before it got a buy order unless you dont need to, which you wont sell it in the very first place and will hodl it instead.
Sure but in this case never leave more than you need on a CEX. And then use a DEX to build a long term stash into your cold storage. The backlog story may just be a front, but at least with binance, your funds are in SAFU. This is why even if binance is a CEX, I have my confidence in using this exchange. But not for storing my coins, just for trading purposes. Another situation to remind crypto users not to store their coins in centralized platforms. Yeah they've done it quite a lot before and they might've been responding late to the block that took about an hour to be mined this morning (afaik it took that long - as well as increased withdrawals from holders and dip buyers).
It might come from funds being less accessible from cold wallets too but I'm not too sure how likely that'd be - especially since cz probably has a reserve of their own somewhere.
What I like with binance, is that their CEO is very visible to the public. And he will use social media to announce any important news or updates. Not many centralized exchanges' owners are known to public. So for me, it is easy to reach out binance if in case you really have important case to settle with. |
|
|
|
I’ve been staring at my portfolio since morning, going through my head is to hold to zero or sell at loss? Do you think this is the end for Bitcoin or we’ll reach a new ATH after this downsize?
I think, HODL of course, because it's not the first time all crypto market is dumping like this... Breaking the zones we did yesterday felt a lot like the (start of the) drop from 6k to 2.9k we did back in 2018 - this is probably a reflection in the strength of crypto but is still likely disappointing for new investors.
If you're going to get obsessed with the prices of things, you're definitely better off holding. If you've got an extremely strong level of self control and a good amount of confidence in crypto only then would I consider selling and moving funds out for a short time (perhaps into a diversified equity fund). Let this be a lesson to all that claim btc is a store of value.
Store of Value don't fall off a cliff like btc.
By this logic nothing is a store of value (gold fell off a cliff around the same time, oil did similar at the start of the pandemic and might still be doing in some cases). It is understandable that some people particularly newcomers or new investors in this market are maybe in agitated mode. We can't blame them because it has been like we saw this $20k+ level of btc last Dec 2020. We already surpassed the hard days of pandemic period. And yet, why are we going down to 20k range again? And so most of us thought, btc won't go down to this level again. But if you have been in this market long enough, you will think that it is only a matter of time before it will start going up. So better hold off because btc's lifespan is not yet over. Just another hurdle to overcome. Gold has lost only ~$44 right now and is already heading back up. BTC lost ~$38000, in ~1 year and still heading down. Little Suzie's college fund is still there if it were stored in gold, Little Suzie's college fund is hurting if it were in btc.  This is why this market is for people who are not afraid to take high risk because of this volatility factor. Once you got in, you should know you are susceptible to uncertainty of this market.  But I bet, if someone bought btc to hold, for sure, he is hoping that one day, he will get his rewards. |
|
|
|
You won't be banned unless you violate the terms and agreement that you've signed up for as you register. It's different from having a winning streak and they would really put you on a monitor if you've been so lucky that you're always winning.
Even though nothing was violated in terms and agreements because there were no bugs used for consecutive wins but pure wins from analysis, but I think to withdraw some of the winnings because any impact can happen, so stay alert to anticipate the unexpected. Well, it's written on most casinos rules that everyone is subject to be investigated and they're free to halt withdrawals upon scrutiny by the casino. And I think most of the experienced gamblers know the existence of that rule. Just gamble casually and if you're even placed into consideration before your withdrawal, think of it that it's bound to happen when you're "too" lucky. But if you will stay on reputable sites with active thread on this forum. The chance of getting screwed, is much lower as compared to exploring casinos that you can find outside the forum. Even if you are always winning, you can always get your winnings as long as you are making sure you are not violating any of their terms. But expect that maybe, the site will monitor you. So don't make any reason for them to freeze your account and be under investigation. They won't think twice of suspending your account if you violated at least one of their terms. So better check and review their ToS every once and a while. |
|
|
|
^ Yes, and that is why we have been waiting for this mega fight to happen for years now, because we wanted to see how is the best between the two. There are a lot of arguments for and against them, and it will be settled only in the right. And with that said, going to be 50/50 and this might go down the full 12 rounds and the judges will have to decide who is the best as this fight is very close in my book.
Agree with. Those arguments, comparisons, and analysis between these two boxers are now several years in the making and it's time now to settle it for real. Crawford badly wants this fight to happen officially as it's no secret that he is requesting this for a long. Now that it is almost close to a done deal as per some reports around, I'm sure he is very excited about this fight and will defeat Spence in a convincing win. Spence on the other hand will make sure that Crawford won't get things easy as he wanted. While Crawford might surely force a clean KO win in this fight, Spence also has the same goal. I'm expecting a result via KO here. But no news yet as to when this fight will happen, right? Or are the two camps in the finalizing step of their deal? Because if their respective promoters are not in agreement with the split. That's where the delay will come from. But since Spence has 3 belts over 1 of Crawford, he may get a better deal. And also, when it comes to odds, Spence will be slightly favored between the two. I hope their promoters will not wait long, better if the 2 boxers are still in their prime. Mike Tyson is going for Crawford here, let's see if he is right on this prediction... |
|
|
|
I think everybody knows what happened in the last 2 months. A couple of stablecoin or even more crashed. I know at least 3 that depegged from the US Dollar (UST, USDN and DEI)
This caused a lot of tension on which stablecoin would be the next to depeg. At one point, USDT was under a lot of pressure, and its price even slight dropped as people were rushing to buy USDC and BUSD. Which brings me to the question
Which stablecoin do you feel so comfortable using, without having any worry of depegging?
To be honest, after the UST case I was afraid to believe in stable coins, it's just that until now I still use USDT to store my assets even though I don't trust anything but until now it still provides comfort and security when trading using USDT so it's not a problem for me, hopefully USDT is not like UST. USDT is still stable so far because it may have very strong support, if you look at the supply chain that it has very much and can be added, so be careful when storing assets in USDT. We can never tell their future to be honest. Right now, a lot of people are trusting USDT, but don't get too confident. Because at one point, USDT team admitted they had no 100% backing. So we don't know the ultimate truth about their assets at the moment. Just don't put all your funds in USDT or any other stablecoin, diversify as everyone is suggesting. |
|
|
|
I can attest that its also effective since we are using it too in our company every time there is a need for fast verification. However, even if that technology is very advanced and can eventually pinpoint if you are faking your identity or not, that does not guarantee that it can never be scammed by brilliant minds of minors. Technology should also know that. So for me, its really hard to control the minors these days not to gamble, unless if the parents will take the first step to protect their teens not to gamble.
At the home, the emphasis should not be on restrictions but on education about gambling, we have a saying that the more you restrict the more they will go for it because of curiosity, so parents should expose their children to gambling as a way to educate them but not to tempt them to gamble, children will listen if those telling them are their parents and about the truth of the subject. Most of the time, restrictions will give these minors a rebellious mood. So yes, it is better to educate them and be open for discussions about this topic. Because the more you restrict them, the more they have the nosiness to try the game. If the parents will set a good example, the kids will have the notion that they need to follow also their parents. Bottomline, it is how you instill discipline and good disposition in life to these young minds. In time, they will understand the significance of what your are conveying to them. |
|
|
|
Good to go for realism. That’s what they are doing and only few industries are there whose having real NFT. Such as gaming, coded data, digital signature and stuff. Something which is very small in size and can be captured with Blockchain and signed up. The whole artwork community is something like they want to earn money from then NFT and there is literally competition for whose art is getting sold at what price. Out of no where everyone is Picaso da Vinci, creating ideas, drawings, and all other skills. That’s funny.
This is the reason why you should scrutinize the NFT item before you finally buy the item. If you will look at opensea marketplace, it seems everybody now wants to sell something. Yes, you're right, everyone seems to be Picasso, Van Gogh or Da Vinci. If you are not careful enough, you can easily get screwed as you may buy a worthless piece. Just like LUNA, the decision of investing in NFT, is your personal decision. So whatever the outcome is, it is your own accountability. |
|
|
|
Investment is a game of knowledge the less you know the less the pay the more you know the more the pay. When it comes to what comes first in crypto investment i tell my friends it is knowledge,When good foundation and well structured knowledge meets the market structure and trends losses are reduced to the minimal. Good knowledge attracts investors and once trust is established it grows into a mega establishment. The trend is no respecter of any analyst or speculator. Get the skill and save the bill
In the hierarchy of investment assets comes second. Because if an investor refuse to pay to learn, They have no choice but to pay to the trend. If you are not learning to earn, you will learn to learn.
This actually makes sense given the fact that most of the people have invested into cryptocurrencies, yet they experienced losing on their investments. The greatest example that I could provide is the event that transpired back in the last quarter of 2017. The price of BTC during that year skyrocketed from ~$2,000 to ~$17,000 during the last quarter of that year. When majority of the people found out about this, they quickly joined the trend without even knowing and understanding the fundamentals of cryptocurrencies. After a few weeks/months, the prices dropped to around $7,000-$10,000 and those people spread negative news about investing into BTC. Again, if you are planning to invest in ANY platform, please do your respective researches on the subject. Like OP mentioned, investing because of the trend can lead to learning valuable lessons. It is like investing blindly if you are just spending money just because of the trend or hype. You will easily lose your hard-earned savings in this manner. And then, you will learn your lesson the hard way. Don't rush in any market just because you feel you are being left out, it is always best to learn the basics of any market. In any investment market, knowledge is a basic foundation that will guide you where to go and improve your choices. |
|
|
|
I think is servings of Bitcoin in different wallet will make you to lose some of them if your wallet is not strong enough and again that is someone wallet that what, keeping cryptocurrency and it is day long I'm nobody only hack your wallet account so splitting your Bitcoin in different wallet is good but the problem is that the disadvantage they cannot remember some of day secret code of the wallet
Maybe the reason why he did that for the addifional safety of his asset. I hope that the wallet is used is legitimate and he did not invested to mlm or any hyip because it might be the reason why he has so many wallets right now. Or maybe because he don't want to make KYC? There's a certain amount in every wallet for us not to do kyc. There's no other reason on why some people do consider out on storing their coins in different wallets but non other but in terms of security which is something very common but of course storing its key for specific wallets is also one of your main concern on where you do store it out because if you dont put up seriously and losing it then say goodbye into your coins.We can make wallets as much as we want but for me having only one would be enough and you should separate wallet which is for active trading or transaction and one for long term prospect. There are some reasons why some people do that. Based from my experience, there are some unseen circumstances that need this kind of decision. Like for example, suddenly your bitcoincore wallet has errors upon synchronizing and you badly need the funds. Remember, if you happen not to sync the core wallet for long time, it will take time to sync your wallet. Whereas, if you are using electrum, syncing is quite fast. So you can easily access your funds. This is why for me, it is understandable if you would want to split some of your coins in different wallets. You will never know what potential problems you may encounter in one wallet, at least you have a fall back in case the need arises. |
|
|
|
I don't know what other people think, but for me, I think Bitcoin is the best thing that has ever happened to the gambling industry, it doesn't matter how many the disadvantages are, what really matter is that the advantages are far more than the disadvantages.
Without bitcoin, somebody like me will never go into gambling because I hate the stress of trying to deposit fiat into my account with my debit or credit card, and also the stress one goes through during withdrawal most especially, if it is an international transaction, the fees banks charge are also nothing to write home about.
So morning, day or night, I still prefer gambling with my bitcoin than fiat.
Gambling industry is one of the earliest applications of bitcoin. I came to know bitcoin and other alts, because of gambling sites like primedice and freebitco. So I can say, I am grateful to these online casinos that open doors for me in knowing more about crypto. There will always be pros and cons, and it is up to you how you will use it to your advantage. Just like you, we don't need to use fiat in order to use a gambling site. If you have crypto, you have your convenience to do so. You can also trade your btc to other alts, if you don't want to use btc. Really up to your preferences here. But if you will be using your fiat, high likely that the site will ask your credentials especially if you will be using a credit card. |
|
|
|
Of course, nobody likes to lose value of money. When there is a bear market, I am also unhappy because the arrows are pointing downwards. I get depressed for a while. I don't want to talk to anyone, I don't want to eat. But I'm recovering later. Then i want to invest continuously. I'm investing even though it's on a steady drop. This way I earn more over a long period of time.
I assume you already did your assessment before investing any of these coins. Because as you mentioned, you got depressed for a while. And it may happen again if you haven't achieved your targets. So be ready for that scenario. Also, better move on if you are not happy with the results. Don't overthink this is why it is always advisable to invest what you can afford to lose. This piece of advise is simple but a valuable one, to avoid other consequences like emotional turmoil and financial wreck. |
|
|
|
Countries will not ban bitcoin mining because every country is different and what one sees as danger, another sees as opportunity.
People who use this argument that bitcoin is bad for the environment are a bit like the EU parliament that voted on new anti car laws to reduce fuel consumption and such. They want to stop production of cars no matter how much co2 they produce. They want to make you buy electric cars and that's all there is to it. They don't care how much their private jets and supply trucks pollute the air. Those aren't going away, but your little car is.
You have a point on this. Some will really see this as opportunity for its people rather than a concern. And yes, some industries are contributing more pollution than bitcoin mining. But they are blind with the facts and they are just finding weak spots in bitcoin mining to highlight it. But anyway, if one country totally closes the door with bitcoin, there will be others that are willingly to embrace it. Just look at what happen in China, take note that it is a big country but mining doesn't stop from them. |
|
|
|
Recently came across a list in which it is possible to see a list of gambling platforms accepting cryptocurrency, but those weren't known to me. When we go across the platform details, they're unpopular but the review site gives perfect feedback. As said nowadays everything requires marketing, so there are paid feedback providers. Good is to go through the list of gambling platforms that promote their service on the forum and choose the one that gives the comfort and trust.
That's what I just explained that some review site are not honest in giving their reviews to the casinos on their review website that's why I only quoted what wapfika provided or you can go here. That thread is created by Pmalek and the gambling sites that are there are known in Bitcointalk forum. I'm sure you know those gambling sites in that thread. Hope op will check it out. Most gambling sites are after for the possible referral commission, hence, they will give positive reviews to attract players. But if you are already here in the forum, there are specific threads that you can visit like Pmalek's thread and read it for your own reference. Also, you can visit the thread of each casino and read what is going on and have an idea how they treat their players. You can get good insights from the discussion, and you can start playing if you are confident that you selected a decent site. |
|
|
|
In italy we've a serious problem with grants. Like UK, if people takes it, they aren't incentived to find a job. Also we've another problem, I'm Italian and I can explain to you better:
- Many people accepts grants and doesn't go to find a new job.
- Many entrepeneur offers work without any legal contract for a lower fee (between 500-800 €, and this are really poor income for a person at the end of the month)
- Government doesn't do nothing to incentive the open of new industry sector.
Maybe, the situation will change once these people are bored of their lives just by taking those grants. At some point, they would want to buy something that grants alone can't afford. So they will be pushed to find a good job to attain what they want to acquire. I am being optimistic that sooner or later, the sentiments will change. Once the government and these businesses understood the needs of their employers, they may alter their compensation benefits. |
|
|
|
Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?
I do from time to time but even with the best combination or formula, the house edge will always catch you, for me its the easiest way to lose, most of my betting sessions are on manual I like to feel the excitement on every bet, something that you cannot do on auto, on the manual you can change the setting to try to counter the next result, it's more exciting doing this than placing a bet on an auto bet. Manual is i do always prefer and same as you said where you could really alter out bets if you do see that it wasnt really that good in your bankroll and speaking with thrill and excitement then having those manual bets is something enjoyable unlike when you are using bot or automation.Its already understandable about house edge that house do always win in the end. If you do really tend to look on overall wager and gains then you do still lose despite on having low HE and its just typical on the business. We can't expect much from a luck-based game. Because even if we use autobet or bots, if you don't know when to stop, HE will truly catch up with you. If you are betting big, for me, that's not good if you are putting on auto-bet as you may not realize that your bankroll is already low before you stop it. The profitability depends on the user himself, if using autobet, know when to stop and if using bots, know the right coding to take advantage its AI features. |
|
|
|
Looking at the data, we can see that Bitcoin accounts for only the smallest share of carbon footprint/environmental pollution and global warming.
When some persons do not like something, they amplify the negative effects of it to try and discourage or stop it's use, but that being said it is not justifiable that because the percentage of carbon bitcoin mining contributes is small, that it should be ignored. The use of safer and renewable energy sources should be encouraged. Presently, estimates say about 57% of the energy used for crypto mining comes from renewable sources , we can do more and completely shift to zero carbon emission. This is true, sometimes the media also highlight the negative impact of bitcoin mining. Whereas, they neglect other industries which has bigger role in the global warming scenario. People need to see the charts and the overall impact, so they will change their perspectives towards bitcoin mining. But anyway, while we can't convince people to believe the facts, miners should really just explore the renewable sources. This will keep these people from looking for loopholes of bitcoin mining. |
|
|
|
So what do you think about Kiyosaki's point of view, is it possible that "crashes are the best time to get rich"?
I'm a bit late to the party but imho he's right and wrong in the same time. Yes, it's easiest to get rich when the prices are crashing. But in the same time, not all the prices that have crashed will get back to high levels, hence it's identically easy to become poor by buying at crashed price. I see people give examples with Bitcoin when the price was low. Now it's low too compared with the ATH, remember? But somehow people don't seem to tell about the way-too-many altcoins (some shitcoins, some not so bad, but clearly unlucky) that have never recovered after the 2018-2019 crypto winter. This is really a subjective matter to me and it depends on the strategy of the person how he can take advantage of the market. It is also highly dependent on which coin you will be buying and holding, and selling at your own time. The suggestion seems easy but it is a complex one when you try to apply it on yourself. Because there are many considerations that you need to think of before buying a specific coin and hold it. |
|
|
|
|
Show Posts
