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As mentioned above, volatility and speed are the main obstacles to Bitcoin becoming a competitive digital currency.
In a time similar to current ones, people will prefer familiar financial systems with fiat electronic money, at least because they will consider them safer.
For investing, also, is a dubious period, bitcoin is showing a positive trend, while a financial crisis is coming.
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It is funny that disruptions in the mental health of people are observed both during strong and unexpected drops in bitcoin, and at times when bitcoin is going to conquer new heights.
People fall into some kind of crazy rush of “eternal growth” and sometimes completely lose their heads becoming like crazy fanatics.
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Trading is less risk we know that and gambling or most risky in crypto ways of earnings. I don't see that they are same but also we can also spend more money once we do any mistake. Day trading is where you can earn in short a time but also in the longterm you can get a big profit in gambling only shorterm for you to know the outcome.
Any activity can be profitable in the long run if you clearly know what you are doing. Unfortunately in the casino, if you know the system by which you can win, you will be calculated and added to the black list. However, if you are careful enough you can earn quite a bit of money. |
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I think that this will not stop scammers from creating alternative extensions aimed at the same goals.
Only a user who thinks with his own head can stop them before installing any extension in his browser, whatever they may be.
Ask yourself - can I do without this extension? If the answer is yes, do not install it.
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Of course, such small transfer fees are one of the main advantages for Bitcoin. The wider the possibilities for exchanging bitcoin in the future, the wider it will be distributed among the general population.
After all, transfers are made by almost all people, and as a rule through banks, there are essentially no alternatives, only payment systems. Nevertheless, everywhere you have to pay a fee.
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By the way - one of the tips for successful trading on the exchange - never trade drunk! I think the same advice can be given to players! If you want to keep control over the game, keep your mind clear!  Exactly, the drunk gambler can bet all money in the pocket without thinking about the consequences. TBH, I have seen the lucky drunk people in real casinos and some of them made a triple winning bet with going all in. I always like to gamble conservatively for protecting the initial balance on the game series. I also saw quite a few examples of drunk people in casinos with whom, it seems, the casino made a deal, because they were absolutely incredibly and inexplicably lucky throughout the evening. At the same time, I saw even more examples of the total loss of people in a drunken state. In any case, the brain should be clean from alcohol and from unnecessary emotions during gambling, this reduces the risks. |
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The blame for the volatility of bitcoin. People can forgive and come to terms with long expectations of transaction confirmation, but they cannot watch their assets fall in value over several months.
People simply cannot afford such risks. Bitcoin is too speculative asset, and in order not to make a mistake, it makes sense to buy bitcoin only for the "extra" money that you have .
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as long as there are the issue of corona virus pandemic we cant stop the decreasing in crypto industry because some of us is still in our house. and the other is withdrawing ther fund to buy they need.
The main question is which layer of the solvent population has the greatest impact on the weight of bitcoin? It seems to me that the market is nevertheless controlled by forces that have a truly significant amount of funds, forces for which such a crisis is only an opportunity to expand influence, and not a factor limiting their activity. |
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To answer your question, I do not have a control, when I start doing something I enjoy I do not stop. That is the reason that I do not gamble because I believe that prevention is better than cure. If I caught myself in the quicksand of gambling addiction, I have a plan. First thing that I should do is accept myself as addicted and tell my parents that I am addicted and they will help me in rehabilitating my addiction by cutting off the funds that I get from them and making sure that I always go home after school and blocking online gambling website in our Internet. I believe that if you can put your mind in to something then you can do it successfully.
Are you secured by your parents or are you consciously giving them your money? Then where are the guarantees that those pocket expenses that they will allocate to you will not go to gambling? Such a strategy requires the development of strong willpower and awareness of their actions. |
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I believe that setting your goal to achieve financial prosperity through online casinos is not worth it. You just have to enjoy the game. As soon as you set the goal of “make money”, you begin to get too nervous and luck stops smiling at you. You need to play just for fun You're right. Such goals carry a very great danger. Goals must be feasible, the goal of earning gambling is fraught with too high risks associated with an accident that you cannot control. As a result, you can lose faith in yourself without achieving a result. |
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It's interesting to know about the medical stuff and and the relations to the gambling. But, still even after reading your post I can't understand why gambling makes people to drink much more than other people. This should be caused by death hormones in human body. I'm not sure.
A person who understands the dangers of alcohol will most likely not use it even when playing in a casino, but it is difficult not to do this if you have relaxed in this way your entire conscious life. In addition, given that addicted players have a special type of personality, this leads them to use things that relax the cerebral cortex. |
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Unless, it is not the kid that is gambling but someone at a right age that doesn't wanna get tracked down right? Well, the point is, the age restriction system will not really work here unless they implement KYC system with real time verification. Because merely, an ID's could still be used to steal identity to a person if they really want to gamble with a restricted age. I probably say, there's nothing wrong with gambling, even a kid could play, but make sure he has a supervision with his parents and should know his limitation and responsibility. I don’t think that makes sense. For a child of 5 years old, playing for money is no different from playing for pieces of paper. In addition, the amount of pleasure will be the same. What is the point at all for them to play for money at this age - I do not understand, because for them there will be absolutely everything exactly. |
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as long as fiat currency still exists, then cryptocurrency will be an alternative, it is indeed very difficult to form this world revolution, but the opportunity for cryptocurrency is still there, if the crypto currency is supported by many countries I am sure FIAT will lose
The fact that cryptocurrency already exists and has a certain value is already a victory. For fiat currencies, it’s like a bone in the throat, an alternative that extends our freedoms and reduces the control of the fiat system. To abandon fiat currencies completely means not only changing the currency used but also reformatting the world device system. It will take decades. |
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Probably because people are looking primarily for the most convenient for them methods of transferring money.
Credit cards, forwarding between bank accounts and so on are much more convenient, because these funds can be paid in all stores and medical centers.
While bitcoin and cryptocurrency are not accepted everywhere.
so what is your answer on here . covid-19 increased btc adoption or not ? looks like your answer is not . its not true that btc isnt accepted anywhere but btc were now legally accepted on many places though btc isnt really that convinient . for me i think that the covid-19 somehow help btc adoption because many people surely looking for alternative currency next to fiats and prolly people already notice btc but i think not all wil consider using btc but that is stll okay atleast people are now aware that there is btc existed online . The fact that bitcoin exists and can be used by most people was aware back in 2017. Of course, some services accept Bitcoin, but their units are not located in all countries. In addition, the high level of volatility casts doubt on Bitcoin as an asset for storing its funds instead of fiat, as a result, people will tend to buy more American Dollars than BTC. |
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As far as I know, vaccine testing alone will occur for at least a year. In addition, according to information available on the Internet,
the creation of a vaccine is an extremely time-consuming process because the virus itself constantly mutates, new strains appear against which a new vaccine is needed.
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The fact that the bounty is now very different from what it was before.
You will have to make a lot of efforts, spend a lot of time on training and studying, as well as resources on developing channels for work in order to earn at least something in the bounty.
All of the above resources will give you much more profit and much faster if you invest them in some other activity.
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The most people on the cryptocurrency market are searching only for profit, so any projects do not meet their expectations are called scams as it is much easier than to admit your investment mistakes.
But how else to call a project that fraudulently attracts people to support and ultimately is not responsible for their words? The problem is not that people cannot make money, but that projects initially expose themselves to be what they are not, misleading people and giving them unjustified hopes. |
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IEO didn't put an end to the scam. IEO promoted scam tokens to a new level when you look at how many projects cts have exit scam since the onset of IEOs. Exchnage were supposed to do a thorough background chack before carrying out any IEO for any project but some exchnage doesn't.
This only happens on the corresponding bad exchanges. If you pay close attention to the segment of exchanges of the highest range, you will see that all IEO projects are somehow in their place in the market and in these exchanges in particular. Most of them, in the long run, turned out to be unprofitable, but this is not a reason to call them scam. They provided exactly the same opportunities as other respectable coins of the market. |
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I doubt it very much. Given that the main sponsors of WHO are Bill and Melinda Gates,
we can conclude that they will need the blockchain only to improve the logistics of transporting shitty vaccines that Gates loves so much.
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The world today is not only a crisis for health, but has a huge impact on the global financial crisis worldwide because of the Covid-19 pedemic. activities that experience total paralysis, the community must be at home while patients who are positive Covid-19 must be quarantined in a special room. and very sad if we only rely on gifts alone is not enough to meet the basic needs, as long as Covid-19 is not finished.
As long as this corona virus is still present there will be many difficulties in their financial because they cannot work with it or go to their office and shop because they have to stay at home to avoid this corona virus, therefore we have to rack my brain how to get more money by way of at home such as trading or finding a legit airdrop can also follow the bounty. That's right, it’s exactly what every person in quarantine must puzzle over. While everyone else will try to kill time in any way possible, those who will look for ways to improve and earn money will very much push ahead financially. In addition, this can lead to the accelerated development of various cryptocurrency online areas. |
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