I don't know if this is true, but Bitcoin does have issues with the price and it is sitting low for quite a long time now. But that is not the reason for leaving Bitcoin and going on another asset. Bitcoin has had these problems before and people weren't making a big deal of it like now. I think this will settle soon and Bitcoin will gain back many investors.
|
|
|
The countries that allow it are aknowledging Bitcoin as an asset, and not as an currency. Some view it as a currency and it is ilegal to make a currency and that's why they ban it or they are just against decentralisation because goverment wants to have control of the money which they don't have over Bitcoin.
|
|
|
Gambling is one of the worst addictions and it can't be cured easily. If you do not have the willpower and personality to stop gambling by yourself, you should seek some proffesional help and go on some therapy. Realising your losses and knowing the problems gambling has made is a first step as many people don't even know that they're just falling deeper.
|
|
|
The price will go up and be much higher than now if it was mass adopted and maybe it would stabilize, but not much. The price would stay volatile as it is now, I think mass adoption can't help that much about stabilizing the price. Bitcoin is volatile because decentralised and unless it becomes centralized (and it wont) it's price can't be fixed to one value.
|
|
|
I always tell people they can't win, only temporarily but you always lose in the long run. But people get greedy amd always think how much money they could win and they play more and more until they fall. You can only win if you get a lucky streak and stop when you've made money and don't gamble ever again. That guy could have lived like a king with that money, but we always want more..
|
|
|
Gambling games are mostly based on luck, some do have some strategy involved but luck is a deciding factor. The house wouldn't win and casinos would be bankrupt if you could learn a strategy to outplay them. As for strategies for going out of gambling, you mainly have to have a strong personality and will to quit. If you know it is not good for you and yet you continue to gamble, the best thing you could do is seek proffesional help.
|
|
|
I saw the annoucement and I'm very happy to hear that it is true. I am going to buy the S10+ in a few months, and I am looking forward to seeing the wallet. I'm very happy because Samsung is supporting the cryptocurrency community. I hope more phone manufacturers will follow Samsung and support Bitcoin and other cryptocurrencies.
|
|
|
That kind of FUD is spread every time after Bitcoin hits an all time high price. I just don't give much attention to those posts, but they can really fend off people from investing in Bitcoin. No one should pay attention to that, Bitcoin would die 10 times if those tales were true. It wouldbbe great if we could somehow filter those FUD spreaders, they are really annoying and toxic for our community.
|
|
|
That is an obstacle, but it an obstacle that cannot be removed because price volatility is a part of Bitcoin. The price is volatile because Bitcoin is decentralized, only centralized currencies have stable price and Bitcoin is against currency centralization. It isn't the only obstacle, though, I think the biggest obstacle right now is that people like cash more because it is far easier to use.
|
|
|
Gamblers always think about the money they could win and don't think about the money they have already lostm In trying to cover the losses they just dig a bigger hole for themselves. If you fall low, you should just stop gambling, you will just lose more even if you think you should continue. I personal only do gambling with small bets as a hobby and I don't have a loss in overall so I can freely continue but big number gambling is very dangerous.
|
|
|
You could say that a person with a favourite game can be addicted, most gamblers have some favourite games that are addicted to. In my case, I like poker and dice so you could say I am addicted because I gamble with other games rarely but I play poker and dice far more than other games. But, you aren't addicted if you can survive without playing the game a long time, then it is just favouritism not an addiction, you can have a favourite game without being addicted to full time gambling.
|
|
|
Every reason is pretty valid but trust isn't guaranteed unless the site you are gambling on is proovably fair. On other sites you can easily get scammed, you can't get scammed with cash really. But it is faster and much more fluent than fiat, which is a huge plus and anonimity is very important. I like cryptocurrency gambling far more than fiat and I think most people who are involved in crypto agree.
|
|
|
I'm using Bitcoin mostly because of decentralization, and I like the system more than when it is centralized. Cryptocurrencies which are centralized just break the whole point of crypto and what Bitcoin wanted to make- a currency which can't be controled by the goverment, the bank or anyone and that's why Bitcoin is the best cryptocurrency out there.
|
|
|
That isn't really possible in any way, and why would even someone want to send Bitcoin without electricity? That just doesn't have a point, I mean it would be a nice experiment if it was possible in any way, but it isn't. Just send the Bitcoins normally as it is designed, it's not like we have shortage in electricity.
|
|
|
Bitcoin actually isn't that complicated for use. If someone uses Bitcoin without thinking about it a bit deeper, it is pretty easy to use. You can send and recieve Bitcoins and set the fee, nothing more and that is very easy to get around. Bitcoin isn't used mostly because people are old-fashioned and aren't really ready or willing to change from cash or credit cards.
|
|
|
You can't buy any kind of Naton lottery tickets here. I have never actually thought about this, but it would be a really great thing if I could buy lottery tickets with Bitcoin. I mean, you could always buy tickets for various lottery sites but I trust national lottery more than some shady site. This would also help Bitcoin's adoption.
|
|
|
Gambling is really a heavy addiction and it can't be cured as easily as non-gamblers think. It is even more severe than cigarettes or alcohol, and needs a very good tratment. All of those advices and tips that are mentioned above are good and everything, but people mainly need great will and character to stop gambling.
|
|
|
So it is pretty similar to a Bitcoin ATM which has been active since 2017? As Bitcoin ATM's are adopted pretty much everywhere, I don't see the point of this, so I wouldn't use this. These guys are late 2 years, ATM's are even in the poorer countries while these are at a few grosery stores. It also has a 11% fee which maybe even higher than at the ATM, I think this isn't profitable to use at all.
|
|
|
Well, of course, as you said Bitcoin is fully anonymous and that's why most of the illegal market uses it or some other cryptocurrencies. Besides anonymity, Bitcoin is also a faster way for transfering money so it fully suits criminals to use it. Of course, Bitcoin is not to blame for it being used in that way and it isn't designed for that but it got accepted on deep web and it is used there like it we or not.
|
|
|
That isn't really sending Bitcoin because it isn't a transaction, he sent a private key. That's like sending him a wallet and letting him take as much money as he wants. It did work, but if you would like to send a certain amount of Bitcoin, you would have to make another wallet, send that amount there and then send the private key. It is technically possible, but it's unnecessary complicated, just use the internet, it's available everywhere.
|
|
|
|