Bitcoin Forum
May 13, 2024, 08:32:10 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 409 »
61  Economy / Gambling discussion / Re: Use your winning responsibly on: January 07, 2024, 07:56:12 AM
I don't know about you OP and it's a matter of subjectivity in opinion so please don't get offended, I don't think that buying a television set is a responsible way to spend your money because there's other ways that you could have optimized that money that you've won to further increase your savings via investment of that win into something which is most likely bitcoin for you, the reason why I don't think that it's a responsible way to spend the win is that technology depreciates in value but that's just my opinion, you can always do what you've got to do and it seems that you're much happier than you usual with this purchase so I guess you're spending that money wisely and congratulations to that big win, that's one hell of an odds to get that much money.

I guess we have our own preferences on this matter. Some people want to buy some gadgets for themselves.
Whereas, some will opt for passive investment or other tangible assets. I would go for tangible assets though.
If you are a business-minded person, you can also invest into this. This for me would be a very good path to take.
But if you are just satisfied with what you bought, that's fine. It is your money anyway, and your choice where you want to spend it with.
62  Bitcoin / Bitcoin Discussion / Re: We dont own enough bitcoin on: January 06, 2024, 11:54:56 PM
No. You actually have enough. Mentality like this can make people undermine what they have and may rather want to sell it out since it’s almost nothing to them anymore. It’s okay to chase more but don’t fail to acknowledge that you’ve tried at least. If you buy $50 worth of Bitcoin, give your self a pat on the back, you deserve it. It’s not always about who has the most Bitcoin. There are other things that matters in life too. Do you not have responsibilities? What if it’s too much that one can’t afford purchasing more BTC.

It is all in the perspective of the holder how he sees things on this market.
We all feel the emptiness or lack of in any investment that we venture of.
So this is just like any other investment that we want to get a hold of.
It is up to us how we can maximize our assets to its potential, and get good profits from it.
63  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: January 06, 2024, 11:30:27 PM
-snip-
In the case of reporting the gambling shop to the authorities if they allow him to gamble at their place again, I don’t think that is possible because if he is not violating their rules of gambling, he won’t be stopped from gambling and the family wont have a case against the gambling shop owners. It is only when he is not up to the age of gambling that they can sue the gambling company for allowing an underage to place a bet with them.
When a gambling establishment does not violate anything and has followed the rules in the area, then nothing can be reported.
It is entirely the responsibility of parents or closest relatives that those who have problems with gambling or are too addicted are prohibited from getting into gambling.

But, now accessing gambling is very easy with Online gambling, this will not be any filter.
Even underage children can access it easily, gambling games placing bets can be done via mobile phones without the need for any age restrictions.
It's too complicated for now unless there is supervision and restriction from the parents themselves.

That is very true, it is the responsibility of the gambler or the family himself on what to do with their family member who is into gambling.
It is not the casino nor the government to stop him from this activity. Because it is his own will why he got into this activity.
However, the person or the gambler himself should know the repercussions of his activities as not only himself but his family will be affected by his actions.
If he does care for his family, better think fast and alter his lifestyle for the betterment of his life.
64  Bitcoin / Bitcoin Discussion / Re: How many individual holders of Bitcoin are there? on: January 06, 2024, 11:05:52 PM
Is there some metric or study somewhere that could let us know how many individuals (individual humans) currently hold Bitcoin as an asset? Are there any metrics that could approximate the number? Estimate change over time?

I would think this would be a key metric in understanding the market.
Over the years I have seen many speculations about the number of people actually using bitcoin, but none of them seems to be very convincing since the usage of bitcoin and how many addresses each person has varies wildly among its users, as a person could use a single address to accumulate and hold their coins, while another person could use hundreds of addresses, and yet both are valid ways to use bitcoin, however the only thing we know for sure is that the number of people using bitcoin is still increasing.

The truth is we can never really get the true numbers on this particular subject.
Also, there's no significance if we have such number because each wallet have their own amount of holdings.
Ask yourself, once you know the numbers, what will you do such stats? And besides, there are active and dormant accounts.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing Royal Shiba , Next meme king ! on: January 06, 2024, 10:00:49 PM
-cut-
Almost 80% of Royal Shiba is staked or locked. Theres no way down for Royal Shiba only up 💪
Well that's not true now is it. It can go only up if the marketcap is zero cents, now i has marketcap of $1.46M so i can see it can drop to zero. Then you can say it has only one way to go. But now i predict it will eventually if not soon fall that 100% like it should. You can find 100+ shiba cryptoassets from coinmarketcap. God knows how many there are if we look at dextools. Imagine people falling this all over just because it has shiba in the name. But it's nothing new. Name based hype has existed since altcoins started.

We all know that such statement, "only one way is to go up, no way down,"
is the typical statement of a crap project. How can you be so sure with the fate of the project?
We have heard that countless times, and most of them died down already with no indication of revival.
66  Economy / Gambling discussion / Re: Will you gamble on Bitcoin ETF approval results? on: January 06, 2024, 09:15:57 PM
What is the odd for yes or no? That is what some gamblers would want to know. I do not know the odd and I may not gamble with it. It is the odd that will encourage or discourage some gamblers.
As gamblers with a long time experience about how these odds are apportioned we all can without stress imagine what the odds difference would be like, The odds for a YES to a bitcoin ETF approval will be very small while that of a NO  that there won't be an approval of the ETF will be the big odd.

 The possibility of having the bitcoin ETF approved is very much possible based on a lot of paperwork's that have been put in place with some legal backing to it's pending approval. No casino will want to take that risk of implementing such bet option in their site as they are aware that on this path they have no hedge as to whatever or otherwise of what the result will be but an eventual approval. Mind you delay is not denial.

I believe as the approval is getting near, the odds will be low as most are expecting that this will finally be approved.
But to be conservative on this betting line, much better if you will only use spare money so you won't get rekt big time.
For the odds, just head to the polymarket site. I don't think it is available in regular bookies here in the forum.
I am guessing even noncrypto users are placing their bets on this one because the likelihood of approval is quite high.
67  Bitcoin / Bitcoin Discussion / Re: Eight reasons why BTC will Fail. Thoughts? on: January 05, 2024, 11:58:51 PM
Bitcoin has "died" many times, and it's still standing.  Roll Eyes
And it will still continue to stand, it’s only those who are either looking for reason and means to criticize the existence of bitcoin a that will take what makes the network what it is today as a disadvantage and use it to justify the reason why they don’t want to hold the coin for long, the more one will think it will be high time for bitcoin network to crash the higher it will be going and obtaining more adoption and exposure all together.

They will only regret later for not jumping on board on this market.
They can give all the negative or reasons why this market can fail, but they are missing their window of opportunity because of this mentality.
Later on, they will regret for not getting a hold of some satoshis for their stash.
68  Economy / Speculation / Re: Historical price of Bitcoin New Year Day (1st January). on: January 05, 2024, 11:38:00 PM
You actually meant for 2025 right mate? Its quite possible to be honest. Many experts are already speculating that 2024 will be big for Bitcoins. We also saw the teaser in the first week of January. So yes the hype is real. Moreover we have also seen Bitcoins follow a 4 year cycle to achieve new ATH price and guess what 2024 is the 4th year. So let’s hope for the best.
It could be said that 2024 is a starter for Bitcoin bulls and many speculations say that ATH will be reached between 2024-2025.
This year there have been many news that make Bitcoin sentiment even higher, such as ETF News which makes the Bitcoin market even more volatile.

The ETF delay was bad news that crashed Bitcoin, but when the ETF was accepted and announced next February it will be bullish again and added to the impending halving.
We need to be prepared for the event, holding back is the best way for now and buying gradually

I believe no matter what, with or without ETF, we are heading to the positive direction.
And also, the likelihood that the price will increase is very high because of the adoption that we have today.
As we have seen, the historical price is quite motivating. Because the price itself can give you the notion that this market is very promising.
69  Economy / Gambling discussion / Re: Does the tension make you take risk that are sometimes worth it? on: January 05, 2024, 11:03:25 PM
There are times before that I would gamble when I am stress or feeling down.
And on those times before I would win and it would either brighten up my day or just feel like a normal thing happened to me.
But if you gamble when you are stressed or feeling sad, you can get deeper into gambling. Even if you lose, you can become more emotional and will not be able to control your emotions due to the loss, so you can be triggered to gamble longer than usual. Just a suggestion, if you are stressed or feeling sad, you should not approach gambling because your emotions will increase because you are losing. But if you can get rid of that stress and sadness by gambling, well, that's up to you, but there is a risk behind it all, and you have to be prepared for the risk and accept it.

I would say it is best if you gamble with a clear mind as you know when to stop.
Because if you are sad or depressed, for sure, there will be unnecessary consequences as you will be slave of your emotions.
Do remember, even if you are in calm position, when you place bet, your heart is already beating fast when the game is almost over.
How much more if you are in bad state and couldn't think clear? So you will put yourself in a terrible position where you may regret later on.
70  Economy / Gambling / Re: Which Casino and Sportsbook have the best UI? Which others can improve? on: January 05, 2024, 10:35:29 PM
Based on color combination, services, and the SIGMA 2023 award won as the best crypto casino. I like Bets.io and I don't see anything they need to improve so far.
You didn't even mention the casino, it's bc.game. Bc.game looks simpler and smooth, they have a good sense of color and gradation, that's why they won.
I once used the casino you mentioned last year and if I can remember I played on their platform 5 times but didn't have much luck there once I was able to accumulate my initial deposit I withdrew and I never used it since then.
Having said that, I like casinos that provide a comfortable experience but if winning is not involved it could lead to something else cause it's the number one important list of gambling to me which is why I currently use Bets.io and stake since I am lucky with them.

I believe, the UI experience is good to attract for new players but if you are a regular gambler already, you will look for more sustainable features.
But of course great UI is still best to take care of as it will create first impression to the players and may entice them to play on your site.
However, if you are a casino owner, you need to offer features that can sustain the gambler's interest such as race/contest, rewards, bonuses among others.
71  Economy / Trading Discussion / Re: Unknown fact our profitable colleagues won't tell us on: January 05, 2024, 10:18:54 PM
Many hype traders are sharing only their winnings and never disclose their losses, no wonder why many are being hyped and inspired to become a trading whiling thinking about an easy profit. In trading, if you don't have the strategy don't expect to win that much especially if you are just depending on any signal group. I have a lot of trader friends and none of us shared their net profit in trading aside from profit on some of their positions.
Usually they do that if they are promoting something like a signal group or they are offering a mentoring service. But some only does that to simply brag about the people they know. It might be a good thing if you get inspired and you get successful later on.

You can fail but you will think it's normal. It happens on anyone anyway and on anything that they are doing but it was mostly at first and they can still learn and improved later on. A few can only end up blaming the person that they see sharing only their profits. But, it's good for them. And maybe next time they won't do that again because they are also afraid about the threats that they are getting.

And that you will understand why trading signal groups can't achieve success in the long run,
because most of them are just promises and exhausting money from their subscribers.
If they are truly profitable of what they are doing, they can maximize such profits by doing it on their own.
However, they will screw others just to say they are in the winning side, but the truth is, they are not.
They won't ask others to subscribe them if they are indeed earning good income.
72  Economy / Trading Discussion / Re: Maybe future trade is gambling on: January 05, 2024, 09:12:25 PM
Futures trading is gambling if you lack the experience to make it work. But if you are a professional trader, futures trading will give you more chances to acquire profits because you have the knowledge and skills to make it work and happen.
It is not only in futures, trading with lack knowledge is also like a gambling although you trade in spot. We all know that people who trade with lack of knowledge probably rely on guessing the prices. They don't use proper analysis to understand the potential of price moves in the future. But the difference is about the risks. In future, we may lose all money but in spot we probably decrease the amount of money.

However, for newbies who decide to resort into futures trading, the risk to lose is high compared to spot trading. My advise is, don’t rush into futures trading just because of its high promising profits but gain learning experience and skills first before you decide to take bigger risks when trading.
Future trading is not for newbies. If we are still newbies, it is better to focus on spot only. If we already get enough knowledge and experience in spot for some months or years, it is okay to try future with small funds. Don't hurry to try luck by trading in future with big money. Although it is not impossible to earn huge money due to luck factor, but mostly people fail to trade with luck-based way.

Spot or futures, both have the same inclination to gambling if the person doesn't know what he's getting into.
If you are a beginner, just get involve to lesser risk in trading like spot trading, however, you still need to learn and understand each project you want to get involved with.
And when it comes to futures, if you have no idea here, better not to divulge yourself as you will only liquidate your position fast.
Hence, most people are considering this type of trading as a high risk gambling. Because you will be on the losing end most of the time if you have no idea on this particular trading.
73  Economy / Economics / Re: How is it possible to say there is no money in the bank on: January 04, 2024, 09:43:52 PM
A bank can go bust due to loads of different reasons. Fractional reserve banking is a major one of them. Fractional reserve banking allows banks to lend out a portion of the deposits they receive keeping only a fraction as reserves. If depositors lose confidence & withdraw more money than the bank can cover it can lead to a bank run & potential insolvency. Other factors such as bad loans, mismanagement, economic downturns or external shocks can also contribute to a bank's failure. A combination of factors can undermine a bank's stability leading to its collapse.

There are several circumstances that a bank can indeed be bankrupt and those you mentioned are among them.
If the management is not proactive in addressing their problems, they can indeed collapse in no time.
It all boils down to the management here. It is also the reason how they can earn more if the management is very strategic on how to earn profits from their funds.
If their investments are quite safe and secure, it would be hard for them to fail. But if unfortunately, most of their investments are failure, then we already know the domino effect on its vaults.
74  Bitcoin / Bitcoin Discussion / Re: One more filed smear campaign against Bitcoin on: January 04, 2024, 08:44:28 PM
Yeah, the panic selling whenever there's bad news is like a never-ending cycle. It's pretty wild how a bit of FUD can still send everyone into a sell-off. You'd think we'd have learned by now. Bitcoin always seems to bounce back though, doesn't it? Shows that these knee-jerk reactions to things like ETF rumors aren't always the best move. The crypto world's full of ups and downs; just gotta ride it out sometimes.

The cycle won't go away as there are always new users in this market.
But for those who learned their lessons well, such situation will give them opportunity to stash more btc in their vaults.
So the approach varies from one person to another, and they will get the benefits depending on how they act according to their instincts on this market.
Lucky if you got yourself into a situation where you are already in profit from your stash, and finally sell it in the market.
75  Alternate cryptocurrencies / Altcoin Discussion / Re: Which blockchain has the highest rated TPS? on: January 04, 2024, 07:32:18 PM
For me, Solana has already proven it before, during the peak we saw drastically how Solana handled a lot of transactions.
What only downside of Solana especially before is the down time of it, one of the reasons why it was down before I think was because of the bots? I'm not sure. But for sure it is already fixed now.

Only time will tell us if Solana will be able to handle large TPS without downtime. Decentralization is a must for the network to survive a long time. And that is something the project is lacking. At least, Solana isn't as centralized as XRP is. The latter is the "banker's coin" prone to manipulation and corruption. Just like Fiat.

With the way it was designed, XRP might replace the SWIFT system in the future. I'd have to deliver as promised if it wants to reach the whole world, though. The network must handle large TPS without an increase in fees or wait times. I wonder which Blockchain will prevail in achieving widespread adoption worldwide? Cheesy

We can never be sure to what extent they can hold when they start getting huge amount of transactions per day.
So yes, it is only a matter of time that can tell us how they will perform during bulk transactions or when there's too much clients on their network.
It may have high TPS but yes, look at the fees or duration of the transaction. Sometimes you can't get all those good features when the network is starting to go mainstream.
This is why project developers should always make a point to upgrade their network or do something about their increasing number of clients.
76  Other / Beginners & Help / Re: Some tips to help protect yourself from crypto scam on: January 04, 2024, 06:52:45 PM
There are different ways we can establish that would help us and prevent us from falling victim to crypto scammers.
Op had listed some of the ways we can employ that would make us stay safe from scammers and this could help us a lot for a long time. It is known that many scammers are always looking for ways to make sure they employ to make their victims vulnerable to them so that they can steal and rib them of their properties. A lots of things would need to be put into consideration for us to stay safe.

Scammers are not alien, they are nothing but normal human like us but they possess this speciality and it's because they think ahead of everyone. Before a scammers will want to develop a model to scam, as they formulate their plans, they already know your next move even before you do and the only way to stay ahead of them is to stay updated.

Our problem is some of us are very lazy to read, we don't want to read and that's why we do the wrong things most of the time. When you read and stay up to date about crypto, yiu will likely have no problem or come across them especially when you avoid greed very well.

In addition, make sure you remain a private person because if information about you isn't online, no way they can every know your moves. It's when you are a public figure, you become highly easy to get through.

Also, some are being tempted with the hyped surrounding the project, not thinking about the real intentions of those people behind such project.
They thought they can easily get profits and be rich once they got a hold of those tokens or coins.
But it is already too late when they realized that they got screwed by those "devs", as they abandoned the building.
Just look at how many fake giveaways or airdrops you will encounter, and how these users are accusing that crypto is a fraud.
But is their actions why they are getting duped in this market. The technology itself is not a problem, it is the people using it.
77  Bitcoin / Bitcoin Discussion / Re: Don't Know, But Can i Invest In Bitcoin? on: January 03, 2024, 10:04:24 PM
Anyone can invest in bitcoin but investing without knowing its investment well is like investing to lose your money. And I don't want you to experience like that, hence gain knowledge on bitcoin first and understand the basic when it comes to investing. Learned from the other members experiences as well as they come to share their profits and losses after taking bitcoin investment. If you are ready to take the risk and is aware already how to secure your wallet, then that's the time that you will invest on the amount you can afford to lose.

Also, it is not safe that someone is creating or opening your bitcoin wallet as mentioned by the OP.
It is always best to do it on your own. As he is already in this forum, he can read thread after thread how to create or install wallet.
Don't let someone create your account or installed a wallet. That's never a safe route.
Learn first and assess the risks involved. If you feel you are ready, you can start investing small up until you have your full grasp of things.
78  Alternate cryptocurrencies / Altcoin Discussion / Re: EOS BLOCKCHAIN on: January 03, 2024, 08:37:24 PM
EOS was hyped to be the Ethereum killer, but now it's difficult to find any mention of EOS anywhere. Once a top 20 coin by marketcap, they are now lost in the crowd of ever increasing utility tokens. Though being one of the most active community, there were news of internal conflict among the community which could be the reason for them lagging behind.
They could still be a pump and dump tool but it's  risky to bet on its future. There are many newer coins that have much more promising prospects than EOS.

since larimer resigned from the EOS, the conflict between devs has gotten worse i think, they were even considering EOS to be renamed Antelope i'm not sure how it goes after that but many of its investors lost interest. the last cryptodunker youtuber who kept shilling this token even quit.

larimer always takes himself out of the projects he started, leaving it to the community doesn't look like its going to make the project successful.

Been long time I used this network but I did use it in one of the gambling sites as far as I remember.
Quite easy and cheap but don't know now their current status when it comes to fees and duration.
Seems that the team already failed to make this in the mainstream adoption in the world of crypto.
The eth killer claim had been lost long time ago. Be grateful that they are still being traded in so many platforms, but the volume is quite low compared to ETH.
Just think of billio-dollar 24 hour volume of ETH over million-dollar 24 hr volume of EOS. And you know which one is leading the pack.
79  Economy / Speculation / Re: BitcoinETF approval will possibly cause much bigger jump than most people expect on: January 02, 2024, 11:53:04 PM
Got goosebumps when you've said that it can be out of our expected jump. I was just thinking of little bump for Bitcoin price that was failed to meet on the last bull run and yes, that's $100k. So it's interesting on how these giants can do to make the demand higher. They're not just simple players that we're having and if approved, this is no longer all about speculative market because they're in as well. I think that there will be that much change on the market when the ETF is approved and they've got a green signal from the SEC.

Most of what were lacking on previous ETFs are already fulfilled by recent applications
I agree. Most of them if given the approval, should give it credits to the past ones that have been rejected like with VanEck and SolidX.

I hope people are not expecting too much about this upcoming event, if in case this one goes thru.
Because being conservative won't give you too much trouble if your target price won't actually be realized.
But do remember, with or without ETF, the adoption is ongoing and further growing in numbers.
So should not be very reliant on this event whether you will invest on this market or not.
80  Economy / Gambling discussion / Re: Do you care about what people say about you gambling? on: January 02, 2024, 09:17:21 PM
I do not give a fuck about anyone. But most of my gambling activities are online and in a way most people in public do not even know that I am gambling. Just my friends and people that are very close to me are the ones that know that I am gambling. But if they see me on a land based casino or betting agent shop, they do not give me money and I do not care about their opinion if not in support of gambling.

That's the spirit and that is actually true. There's no reason for them to bother you on your gambling activities.
It is your money and it is your prerogative to gamble. They should worry if you are spending their money but if not, mind their own business.
And if you are in a land-based casino, you are there to enjoy and have fun. So for me, it is okay if they see you inside, so long you are not dancing naked on top of the table and drunk you have no idea what's going on with reality.
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 ... 409 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!