This is a interesting topic but the answer is pretty simple, imagine knowing a gold mine and you are allowed to carry gold but if you are caught then you have to forfeit all gold and pay what you had, its almost similar to that where you win some money then you feel for more and go for it if you achieve the cycle continues itself. Now unless your luck exceeds all limits and you bankrupt the bankroll of the casino there is no realistic way of how you would stop. That is often the problem with easy/free money people get greedy and loose all, this is also the concept of how most of the ponzi out there works, they pay you some interest and you invest again this continues until one day they decide the amount is enough to run away with.

The only possible way to hold with a big win is that you must take a break for gambling and realize that what you win is already pretty significant and chasing more profits can make you loose it all.

This is a tricky question because as a gambler I have been often changing my mind and sometimes I love rolling dice while at days I feel like lottery is my thing and I do win at times. But since the favorite one is asked and dice has been there since my growth as a gambler and I have always cherished the simplicity yet unable to crack the dice game so my vote will go for dice and Keno should not even be on the list because not many casinos offer keno and then keno is more like a lottery if you play at high risk. Bingo feels like playing for fun because it is time consuming and actually very similar to keno in fact so yeah dice has to be the legend among the list you gave.

I do like the concept of crash games/bustabit which makes me feel thrilled when betting on it, but since its not on the poll menu, it is dice like I said.

Well, even long term invest strategy has something important ; how long can you really hold it? Because if you say you are a holder and sell after 6 months because price went down, I am sorry but that is not long temr holding. I have a friend who got in 100 dollars back when bitcoin was 20k, and he said he saw this as a long term deal, I warned him that 20k is not the where he should buy, it is a place where people should sell, but he didn't listened to me and bought anyway because "he was thinking retirement funding" and not short term, I said alright fine go ahead and buy in that case but dude saw bitcoin reaching 3k and sold it all off.

That is insane to think about, why would anyone buy at the all time high price and sell at one third of a price if they can't wait, not like he needed the money neither it was a funnily small amount for him, he is a very successful lawyer, he makes x20 of that amount per month. So, long term is profitable if you are really long term without selling whenever you feel like it.

Lol I don't really see the correspondence between the water you have mentioned and Bitcoin. So, the sentence you made doesn't really make any sense to me.

If we are judging it that way, the same way water is in the cloud, that's the same way that you will find gold buried beneath the earth; gold doesn't just lay on top earth like you have described it. And another thing you have to know is that water is something that is physical and can be touched, but Bitcoin cannot be touched and is not physical like gold and fiat. There is no correspondence there at all. Let's just stop comparing and focus on more important things.

There is no replacement of sorts. Even the government is planning to create their own cryptocurrency. I believe that would have been the topic if we are not talking about the coronavirus. And the way I see it, the government central bank digital currencies are just going to be a kind of asset that people will buy from banks and store in their mobile banking apps, and they can also sell it whenever they want to.

So, even in future if you decide to be making use of cryptocurrency, it's still going to be the same currencies we have now that will be in control and when you're buying whatever you want to buy it will be calculated in fiat.

There is nothing like destroying. Halving is not going to destroy the cryptocurrency or bitcoin community, it's only going to have a short term negative effect and as time goes on it will start to recover. It's just like the normal things we have seen happening here, like earlier this year when the price dropped temporarily after the Coronavirus outbreak, it didn't take long and it started recovering and now we have the price at $9,000.

It is not even going to end there, it will keep going up. After the halving the price will decline for sure, and that's going to be because a lot of miners that would give up due to not getting enough rewards from their work.

Honestly, nothing is yet confirmed so far. The previous pandemic spread in multiple waves therefore covid19 also may attack us with another wave world wide. I mean who knows that we practically need to re-start our economy from the beginning if lockdown continues for another 6 to 12 months. But, I guess that will not be applicable for bitcoin's economy. It is like as an alternative to traditional instruments like gold.

So, probably other than agriculture and other food, medicine and essential related sectors, most other may need to restart with respect to how long lockdown scenarios persist. I do not want anything new if we need to re-start, usual economy along with bitcoins in 5 or 6 digits will be good to move toward 7 digit value for bitcoins, in slow and steady manner.

This is no longer a new thing, anyone that doesn't want to believe in Bitcoin by now have just chosen not to believe in it and you shouldn't force them, it's their choice.

Those are the people I usually laugh at at the end. They never learn from their past experience, this is not the first time that it has been said that Bitcoin is going to fail, as a matter of fact it has been said many times and was repeated in 2017 the same year that bitcoin went on a bull run; they said everything they said and poured all their hatred out on Bitcoin, but that same year they were all disgraced. So if anyone should say that they were not aware of all these things that have been happening, then I don't really know what to say to such a person.

I was "sort of" that person back in the day. I didn't get in during the one dollar era, I was here when it was about 120 dollars and so forth, that is why I was already quite late, when you consider "this 120 dollar thing will be 20k one day", it is certainly a lot bigger possibility compared to 1 dollar going to 20k dollar thing.

However even back that moment (and interestingly right now) not a lot of people believed that bitcoin could be 20k. I saw what it was, I saw the trajectory and I said it doesn't matter what happens to bitcoin right now, I still say that, it could become 1k tomorrow and nothing would change in my mind. As long as people love it the way they love, and as long as we have less and less of it, the price will eventually skyrocket.

There are people who see the price going up so much, a lot of people get scared because there are some of us who buy when the price bottoms down, and sell when it reaches new highs. It really works almost all the time, sure there are times when the price double downs, so you see it go from 10k to 6k and you say its bottomed out and you buy from it, then the price bottoms even harder at 4k, however during those times remember that you already bought cheaper than many people so you be patient.

Or it could do the reverse, where the price is at 6k and you buy and it goes up to 9k and you sell because you think it peaked, but goes to 12k, in that moment you just wait as well because eventually it will fall. Basically this works, not the best strategy obviously but it works, takes a long time but it still just works.

Having only one currency? If you’re talking about cryptocurrency, that would be great, but in the case of the real world, that would be a really bad idea and is not going to work. It’s not even possible for the whole world to make use of one currency, because we don’t have the same government. But in the case cryptocurrency, I would be happy if there is only Bitcoin and no other cryptocurrencies. To be sincere, these other cryptocurrencies in the market are quite annoying.

Almost everyday that I go online I would see people talking about creating their own cryptocurrency. The worst part is that it is now becoming really annoying, because it’s not only just businesses but even celebrities now want to have their coins, and these coins end up heading nowhere and being completely useless.

You’re right in a way. But the main reason why you should do research is to get to know about the team that are in charge of the project.

If the team are a good, you will be sure that your money is in safe hands and you’re not going to lose all if the price should fall. Imagine that you didn’t do any research and invest in the hands of scammers, that would be the worst case because you’re going to lose all your money and there would be nothing left for you to take when they exit the market. So, doing your research is very important , just do whatever you know it’s going help you, it’s very important.

Yup, you can go ahead with investing in the top altcoins, you should have done that since … I am not very sure where the price will be heading next after the Bitcoin halving. The top altcoins you’re talking about tare the ones that their prices moves the same direction with Bitcoin. It’s just like Ethereum, if you check and compare the price chart to bitcoin's, you will notice that the movement a bit similar to each other.

I have invested in Bitcoin and three altcoins; Stellar, Ethereum, and Bitcoin Cash. Another coin I do have interest in is Tron and ChainLink, though I am not in a hurry to buy up everything , I’m good with the ones I have already invested in.

What kind of "pausing" is this? Right now the price is over $8.8k, how the hell is that any pausing? I would understand the OP a bit because he wrote literally at the start of the rally so maybe he just didn't checked the prices before he wrote, but right now we are literally at the midway section of a rally, how the hell did none of you checked what the price is and wrote without checking it?

Bitcoin is doing fine, it would probably even go higher because there is no resistance that is closeby, which means bitcoin price realistically go over $10k as well, just has to push a bit harder but it is definitely easier compared to us going from 6.9k levels to 7.7k levels, that was harder than going above $9k from here on out. Hopefully some of you may check the price and be happy.

There has been these discussions for a while and it is going to basically be the war of our age. Halving has happened before so this is not the first one, if I am not wrong it started with 50 and dropped to 25 and it also dropped to 12.5 later, so this will be nothing new.

However, halving never happened when the bitcoin price was so high and the market cap was so big, which means we are going to get something incredible happen because there will be a lot of people who believe that bitcoin price will go up and there will be a lot of people who believe it will go down, those two will clash head on right at the halving day and whoever comes on top will be the winner and that direction price will go. There is no mysterious method where halving suddenly makes the price change, it will be the people who buy and sell that will change it.

There are already lots of big marketplaces where people can buy things and make payment with Bitcoin, but the thing is that most of the people here are not interested in making use of those sites, they are only interested in Amazon accepting Bitcoin and that's why they have neglected those other platforms.

Purse.io allows people to make a purchase from Amazon and make payments with Bitcoin, but people don't talk about this site, they act like it doesn't exist. There is also Overstock.com which is a very big platform similar to Amazon and they are accepting Bitcoin as a payment option.

Bitcoin is a good choice, but you already know the government, when they can't regulate it they will start looking for ways to take it down. I am happy that some countries have been supporting and allowing their citizens to make use of Bitcoin without any restrictions. And as for those that have banned it, I hope that they come to understand that Bitcoin is meant for a good purpose and also allow people to be making use of it.

Since, last year there has been news about countries that are planning to create their own cryptocurrency. I don't know what's going to happen once these countries create their own cryptocurrency, whether they are going to allow the use of it Bitcoin or not.

For now you should enjoy what you have and make use of the opportunities that are given to you. The last Bitcoin will be mined around 2140, and that's still over a hundred years to come. I believe that when that time comes the Bitcoin team will do whatever possible to put the community in a better position. They wouldn't like to do anything that is going to ruin everything that we have been fighting for all these years. They might possibly change the protocol if things are not going the right direction.

But, I read somewhere like when bitcoin mining reward reaches zero, the transaction fee will be summing up more than 50 bitcoins as mining reward per block generation. So, miners will never face losses. So, they may not lose interest in securing bitcoin network. But, it will happen only after another 150+ years hence we do not need to worry on this as of now.

I do not know if I am right or wrong about this, but from what I understood, the reason why the price of oil turned negative is because there is no one buying them. The sellers are even begging the buyers and paying them to buy oil. So in this kind of situation, for sure there is going to be a negative price. But in the case of bitcoin, I don't see that as something that's possible.

For Bitcoin to even drop to dollar, I think everyone that's into it and investing in it will have to quit from it, and that includes the exchanges. I can't even imagine such a thing happening. Bitcoin can't and won't drop to a negative price and that's it.

Even if everyone did sell their coins, that’s not enough reasons for you to quit. There are times when the price of Bitcoin will fall, or haven’t you heard that the price of Bitcoin is driven by demand and supply?

This is a pandemic, and there is no stock or asset that was able to stand firm at this time. Gold was able to stay a bit stable, but there was a time it fell from over $50,000 plus to around $40,000 or so, and it quickly got back up. Bitcoin did the same, after it fell down to $3800, it still got back up to $5,000 and now it has gotten to $8,800. Tell me which other asset has been able to recover as much as it did?