Summarizing, I've always returned to Bitcoin, deep down I always knew it would become that successful, I'm trying to learn from my mistakes. Now, I'm trading several times throughout the week, managing a decent profit with each trade. There's no point in regretting what I COULD have done, but only to look forward, and what I can achieve now.
I also have the same experience as yours. I have known Bitcoin many years ago, actually earned from it, but after few years I stopped. I guess the fire and motivation to continue faded away, but then again, I am here joining in discussions because I am really missing out my life if I am not using the full potential cryptocurrencies have as of now. I believe that there's so much more in the next few years to see how Bitcoin will improve in terms of numbers of users and popularity. I am really glad that I was born in this generation, because if not, there will be no chance of an encounter with such great innovation. I also experienced this kind of situation. I've been in bitcoin wayback 2018, I experienced to earned and make a good profit out of it. I able to buy those things that I need, i want and sometimes I able to help my parents financially. Bitcoin is one of the best thing that happens to me that year, I earned my 1st 100k in just 9 to 10mos because of my hardwork and also because of that high time days of bitcoin. Then all things began to lose when I came in college, i have no time to earned bitcoin and I don't have any time to insert crypto in my sched. And then one day I realized that I was there at the middle of my life where I am earning yet I wasted it and not able to maintain my good and positive earnings. Here I am again, thinking and hoping that day will come back. |
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Unpopular opinion: Though there's zero doubt that it's better, Bitcoin doesn't need to be "accepted" by every country's governments and accepted by most merchants to be "successful".
Absolutely, it doesn’t just need mere acceptance by countries. Bitcoin is already successful, more success will depend on usage and per the value of bitcoin in recent times, you need no one to tell you that bitcoin is a success. We don't need acceptance or endorsement of any kind. But I would like the governments to leave cryptocurrency on its own, without much external interference. Almost all the users are willing to pay whatever taxes that are due on trading with cryptocurrency and a majority of them are willing to undergo the KYC process as well. For the honest governments, there is nothing to worry from cryptocurrency. However, the case may be different for those countries with highly manipulated markets and economy. In such cases, the citizens may use cryptocurrency as a store of value, and the government authorities may not be comfortable with such usage. Not all country accepted the idea of bitcoin or in general, cryptocurrency. As I understand, one of the main issue or problem of cryptocurrency regarding the goverment is that, some politicians want to control the transactions made out of it. They want to put some high taxes to it so that they can or make profit out of it. Most of the payment online is made out of cryptocurrencies now. Cryptocurrency such a good idea of making transactions moreover in this situation what we are facing. It is more cashless so the virus might not spread throughly. Acceptance of bitcoin is a big idea that is more positive today and I can say that it must be accepted in many country or moreover in worldwide because it would be a great help to many people, company and however, country itself. |
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It seems that Stake have upped their withdrawal fees for bitcoin recently from BTC.0001 ($3) to BTC.0003 ($10) together with the minimum withdrawals from BTC.0005 ($15) to BTC.001 ($35). Not sure if the same changes have been applied to PrimeDice.
Was actually to complain the same thing too about Stake where their withdrawal fees is insanely high which is on 0.0003 = which is current $10 as of this writing and if you do tend to look on the average or suggested fees in the network then only $4 is for the highest priority and $2 for the lowest one. This is one of my complaints though which they should have at least consider on look and make out adjustments but somehow you can make use Dinabot on exchanging from Bitcoin to other coins neither directly to your stake account or in other like primedice and windice. It is true that gas fees in wothdrawals are definitely high at the current time, it is because of the eth is pumping and somehow trying to gain its hightime. I think Dinabot is somehow great yet you also need to get out your earnings in your casino wallets and ypu might also need some gas fees. The thing we are experiencing right know is because of the valie of eth spiking upwards and might stays a little longer. Casino are one of the thing thay have many transactions in a single day because there are a lot of gamblers making a living out of it. But I think this high fees withdrawals might affect the earnings or profit of a gambler. It's 100% earnings might drop only on 50% or lower because the other half mighr only get to the fee. But I think one of these days, fees might be go calm again. We just need to wait. |
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Based on my experience the fees are really high if you are only moving a small amount.
Sometimes I move my earning and I have to pay for $2 to $5 for a single transaction, and if I will only transact like $50, that would certainly hurt me, so for me the best idea to save fees is to limit moving small amount of bitcoin and wait until you accumulate it to a bigger amount so you'll not feel the fee.
No, not that way, you still experience a huge fee or you can't completely avoid the high fee for the microtransaction, or the worst, it might not enough your balance to move because it will eat the whole fee. But if you have a bulk of transactions and you want to transact them at once, Lightning Network is the best answer, you can save a few fees if you try this. You can use Electrum wallet for making Lightning Network for microtransactions. You can create a channel for LN and follow this thread for more information, Electrum Lightning Network walkthrough. Wow. I am not familliar with that kind of wallet. I will definitely make some reseaech and possibly try it even once in order to gain a well knowledge and experience because just like the others I am also one of the traders that burned by the high gas fees as of now. And I think if this is maybe a effective wallet, I might migrate there. For me, I think one of the best thing that consider to save off fee is to wait until it'll go down. As of now even the other online wallet still having a high gas fee because of the ethereum. There are several wallets, or most of online wallet are eth based gas fee so that while eth is somehow pumping today, gas fees are also pumping. Sometimes it goes down yet it doesn't reach the gwei that safe gas fee before. |
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Buying Bitcoin is like planting trees. The best time to do it is 10 years ago. The second best time is today.
You are just talking about investing on the first year of the bitcoin or buying bitcoin when it is just starting on the first phase or first stage. The people didn't know that the bitcoin will grow like this right now and it is not like planting a tree that if you plant a mini tree you are already sure that the after 10 years it will become a huge and big tree, compared to bitcoin that no one knows that when you buy on that day and after 10 years the bitcoin will grow so big. They are not the same because there are no guarantees that bitcoin will grow so much just like what we are seeing right now. Actually the idea is also a good metaphorical example because bitcoin is definitely like a tree in terms of its description and idea. When you want to gain or to have a tree, you need to plant a seed of a tree you wanted. After that, it takes a lot of patience in order to become a strong, firm, tall and beautiful kind of tree. In bitcoin investing, you must start in a small amount of it, you need to have a patience in gaining some knowledge and studying how it works. You must invest also ypur time and effort in order for you to have a better understanding for in the future you will have a reasonable and positive profit or earnings. Trees and bitcoin is definitely same in terms of making some long term goals but worth it we can say. |
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I am not surprised if the government and banks give negative statements against Bitcoin, because they feel threatened by the presence of Bitcoin.
Though they don't need to do that, because I don't think Bitcoin will threaten fiat or replace it. Bitcoin was created as a payment alternative for fiat,
so it is easier for people to make financial transactions on the internet. Sometimes the government is often overreacting to Bitcoin, but today's
society is getting smarter and will not be affected by negative statements about Bitcoin.
Thatis definitely true. Bitcoin became one of the most probably helpful things when it started to roll out. Bitcoin became the main attraction for many investors, traders, gamblers and people who wants to earn. Government just want to make a part out of it and just want to earn or have part. They feel threaten because of the fact that bitcoin transactions are good online yet before there was no tax made out of it. I think negative statement won't make or effect how bitcoin improves as the year passed by. Bitcoin will be more progressive today and as well as it will tomorrow. Government can't control it making it or that why we called it decentralized. Negative statements will just make it stronger and even more better. |
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Does anyone know what is with the unlucky situation Nets keep having? We have seen Harden playing awesome 2 nights ago and they won, but they lacked Durant that game, now I checked and Harden was missing but durant was there? First of all they missed Irving for many games as well and now he is back. I feel like we never truly see the regular starting 5 for too many minutes together, they always have this kind of rotational problem at Nets and always missing some people.
I do not even know the reason, I didn't really bothered with checking because no player there would be one I like and their trio is literally the most joked and hated players of all time, Durant because of how he left OKC to ring chase in Warriors and called a snake, Harden because of his obvious flopping and foul getting, Irving because of how his mental state is weird, but in the end I would love to see them all play their best anyway as a fan of entertainment even if not of the team.
You're right there Buddy. I think as of now eventhough nets have 3 all-star players they seems kind of off. I also watched some of their games and realized that they are having some difficulties in adjusting every player knowing there are 3 all-star player in the floor. Back when KD was on the GSW we saw them to have 4 to 5 allstars in the floor yet Coach Steve Kerr manage to fix it and put some efforts in adjusting their plays. I think one of the main issue or problem of nets is that they want each of them to have something like spotlight on their own because they are 3 all-stars playing in the floor at the same time in a team. I think the key to this kind of issue is to have a deep connection or teamwork and understanding for each one of them. Anyways, goodluck for the nets for this season. |
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If you just spend $10 on it occasionally, then I agree with you, it is entertainment. I've been thinking previously that if someone uses help for making bets, it automatically means that the main purpose is making money, not entertainment. But you proved me wrong on that. Good for you!  That's a healthy approach to gambling. We do sometimes think up too exaggerated and do finalized up things basing off on what we are currently seeing not only in the present but also in the past as well. This is indeed a healthy approach towards gambling because same as you said where people do let others do make out bets for them is most likely be aiming for the money but due to some restrictions or circumstances they dont able to do so but doesnt mean that they wouldnt really be letting someone to make bets for them. This kind of services is quite relevant though but im not expecting that there would be business like this and that of course will be charging up for the service.There is and always be such a business, no doubt about that. The question is how many people will be using those services. According to world gambling statistics, around 1.6 billion people gamble more than once in a year. That's a huge number, 0.01% of which amounts to 160k. And I think in reality, more than 0.01% would use a betting broker. I think I agree for this idea that mostly gamblers who just starting to trade and gamble are using betting brokers because of lacks of idea or knowledge about the game. 1.6 billion people are a lot for they are all playing gambling and 0.01 aren't that so small nimber because it is still 60 million of people are using betting brokers. For me, I think betting brokers are somehow helpful yet we must know that we don't need to stay there for a long time because it may end up for us to get hard to walk away and our earnings are always gonna split up. Betting brokers are good enough just to jum start our knowledge and be our training grounds or trial in gambling. Learn for yourself moreover if you don't have any on you at first. |
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Bitcoin is really hitting its ATH, as we can all see at this point in time , well I regret it because I don't have any of it , but I have been lost in thought for a while thinking of these ,
Is bitcoin the money for the internet ?
Yes , business are starting to adopt the use of bitcoin as a means of payment , no doubt about that but at the end of the road they turn it into fiat for proper use.
So if that is the case , I don't see a world were bitcoin would be mass adopted
Firstly , bitcoin is limited in number (21 million) and the world population is higher than that if not twice , so it can't be mass adopted.
In my opinion satoshi was trying or is trying to bring the world together through an imaginary currency , in that process trying to eradicate some level of poverty,
eg:
if you invested in bitcoin at an early stage it would have made you twice richer especially in countries where there fiat price is lower than USD. Like Nigeria($32k in naira is over 15M) .
Bitcoin blockchain is free at the moment because everyone is holding theirs to see it next pump , imagine a point where everyone wants to transact , it makes the blockchain accumulated , high miners fees, and imagine paying for a good with bitcoin and the seller has to wait for hours or days to receive his payment.
We could say bitcoin is a great investment but i can't see it as a currency for the future .
Please it is from my own point of view
Bitcoin is the internet's money. Not only that, it's the future's currency. Sure, bitcoin can't totally eradicate fiat, no doubt about that, but it will be massively adopted through the world. As for the limited supply of bitcoin (21 million), it is true this can't go round if we are to have 1btc each. Don't forget, however, that bitcoin is divisible. Its unit is Satoshi. 1 Btc is 100 million Satoshi which means you can buy in units. As to what Satoshi was trying to do when he created Bitcoin was to return financial power and control back to the masses. He wanted to take power from centralized institutions like banks and the government and give those power to the people so they'd have control over their own money. It is true that bitcoin serves as a digital money or as we all know cryptocurrency which can be earned and can be seen mostly in online. This digital money is oftenly used in online gambling, online transactions and even in online playing bills. Bitcoin somehow manage to adopt the innovation of technology in the 21st century where mostly used today also because of pandemic is hassle free or digital. The idea of bitcoin is to have a decentalized yet changing coin in the market where we can be used as a source of income. In trading, rhis kind of coin are mostly used because it is also hassle free to send money online and as the year passed by, bitcoin started to developed and change time by time. Every year it improves. |
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Cryptocurrencies is ruled by the people, not some government as you were trying to put it out to be. Most cpuntries even ban cryptocurrency use and investment because it is unconventional and unprofitable kn the government's part. Which is something they really hate apparently. So no, bitcoin or any other cryptocurrency for that matter will not be controlled by a single governmebt. Not today, not ever.
The goverment wants to control the movement or market of cryptocurrency. They want to have some tax on cryptocurrency transactions because they believe that in that situation it'll make or earn a lot of tax. Mostly those goverment that onky look on the perspective of how they will get some part of it. And as we all know bitcoin today is one of the most unpredictable yet positive coin in terms of its value or high time this year. I think staying in crypto for a long timr isn't a bad idea yet in your stay here in crypro for a long time must give you some prior knowledge on how it moves and what are those things you must consider. Cryptocurrencies are big things today, every single person who heard of it might want to invest and learn how it works. |
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Considering feeding not only myself in the future as having a partner and kids, for medical, school, bills, food, and other necessities of us for the next upcoming decades, I think 1 BTC at a price of ~$30,000 isn't enough. Yeah it seems that it is huge money but for that long years with lots of necessities, it is just not enough.
If you will just relied with that amount considering all your necessities together with your family. Securing your future having maybe 10BTC plus business or investment that will help to accumulate more, we don't know what will happened in the future so better to excess your expected money just in case that there are emergencies that will happened along the way, 10 BTC is a lot of savings as what bitcoin value today. I think the main answer for this question is only estimated because the estimated savings might depends on how large is the family. For me I think you can also depends if a single family have a existing businesses other than cryptocurrency. It's just like being practical in terms of saving. You must not put all yoir earnings in saving but to divide it so some ways like savings, necessities, bills, foods and miscellaneous. For me, I think the price of savings is always depends on you everyday needs and your monthly income. 10BTC is surely a big amount but start to set your goal in small then succedingly exceed as you reach the current in order for you to avoid difficulties in earnings and savings. |
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Maybe he looks surprise what happen with hi after win and get jackpot, thousand happiness and make him can't control with healthy and have to die, by the way how about him jackpot who will received later, keep get his reward and giving to his family or not. I think age is most important with gambling when loss or get jackpot because if you have old age better not close with betting site.
Maybe the real reason why most people suffer from heart attack during those situation where they won or hit jackpot is because of the adrenaline of excitement, the idea of unbelievable situation yet I don't think that it caused them to die that so fast. Excitement in gambling hitting jackpot is a very unexpected situation moreover to those gambling games that has a very low possibility of hitting jackpots. I think out of 10 person the possibility of a person hitting the jackpot is 1 only and if you will become that person, you surely suffer from adrenaline situation. But in instances where this situation might true, it can be very frustrating that the person who won jackpot and just died because of it doesn't have the chance to feel his earnings is simply so sad. |
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"In retrospect, it was inevitable." Elon literally had become vocal in his support iwth cryptocurrencies and bitcoin in the past few years, even went so far as to include a pruchase option in Paypal for bitcoin, although of course it was not as cool as we thought it was when it was just about to be released, still, we can see how enthusiastic the guy is in his support for bitcoin, hopefully this carries on because more good publicity will be helpful for bitcoin's goal of reaching $100k
I think Elon Musk isn't what we saw as it seems before because I think one lf his source of income is thru cryptocurrency. We only knew Elon Musk because of its company, the Tesla yet we I can also read about some articles where the cryptocurrency such as bitcoin is corresponded on his name. I think this idea of Elon putting #Bitcoin in his bio twitter will make a huge impact on the market knowing some people might be idolizing him and will also get into what he is up to. This simple act of putting bio will likely to have big impact. Besides Elon Musk is the most rich person all over the world domination the last one before. |
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Longest streak I ever had at losing was around 16 to 20. At some point in losing you just lose hope, you just want to see how it will pan out in the end that's why I let it slide that far and that many a games before I said quits. That's why I devised a plan to stop, always stop evrtytime I lose 3 games. Not more or less than 3, that way I can control my spendings and I don't mess with my mentals by keeping up an already lost cause to carry on.
Wow. That's a lot or a long streak of losing. I think for me, I can say my longest losing streak was estimatedly 8 or 9 to 10. I don't know when was that. I can't barely remember because it is a long time ago but it is that low because that time I used to read and asked some people who are gambling. I asked them about it and asked some knowledge for them to help me. I didn't know what could possibly happen to me if I am not that aware in that time but I can say that it surely help me to avoid a long such streak of losing. But of course these loses also make me what I am today, a simple gambler who always been careful for its profits. And I believe losing is a experience and experience will always be the best profit. |
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It's obvious that rhey are doing this concealing of winner's identity in order to ensure that the person is not gonna be bothered by criminals, and the general publci and media on how and what will he do once he claims his price, personally, I'd choose to have all my neighbors be aware that I won a billion dollars than have 51 states be aware of it all of a sudden. And if it's any consolation OP, everyone had the same odds at winning a lottery, lady luck just happened to smile upon him that day
Well, it will depend on the winner if he wants disclosure to the public. In my country, there are 3 people who win the mega millions jackpot, they split the prize, the two are publicly revealing their selves and the other one choose not to disclose that he won that big amount. It is totally risky once you are a winner of the lotto, your life perhaps in danger because some are wanted to get your reward. We could not deny that there are too many greedy people that willing to make criminal activity just to have money. I agree. Revealing yourself or making it public when you won a lot of money might encourage others to take advantage of you or worst is to put you in danger. Mega Million jackpot kind of prize isn't just a normal price that somehow will make your life so simple and rich. Greedy people as say will get into you and willong to do some unpredictable actions just to get what they want that you have. In mt country, lottery is one of the most easiest way and legal gambling that you can play. I've seen a lot of people won a jackpot and not made their self public because they know and aware of the risk they may get if they did it. Make sure to stay safe in this kind of positive situations that you may experience in the future. |
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The only reason for this is the demand and the supply of bitcoin ever since people are not just stocking up their coins all they want is to have a profit in the fastest way of trading and it is really hard to predict whether the bitcoin price will be increase or decrease even you're expert already because it is volatile and those companies and those celebrities are example who are making big profits from it. Imagine the world with this even in this pandemic you're still making some money for you to support your daily needs.
I agree to the reason and that is the correft and simple explanation of why bitcoin value isn't so stable. Bitcoin is one of the most recommended coin today to invest in because of its current value yet many people are keep asking of it will going up or it will going down. Bitcoin might be experience some valu changes time by time and it is a very normal situation. Since bitcoin is a product of a volatile kind type of coin that isn't stable, it will change its value depends on the suppy and deman around the market. People will always be the reason why it will go down or go up. But that's okay, as long as people doesn't abuse the trades or trading of it by simply using it in more meaningful and urgent ways, the needs of a person. |
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I have thought of insuring my children's future a lot of times and since life is unsure these days, I have just started teaching my daughter about the value and importance of Bitcoin. I made sure that she knows how to handle my private keys and to access my wallets safely. It's important that we'll have an assurance that our family will inherit our crypto earnings. We don't know what will tomorrow bring so I believe that sharing them about it as early as possible would be a big help.
I would love to copy this method of inheritance, I do not have a kid yet but this one is pretty good one. Why not just teach them the in and outs yourself and along the way let them learn how to be a member of this community. No safe deposit box or a written will and testament or any third-party services to spend your money to insure that they will be able to inherit it. Inheritance or what we can say ensuring is one of the best way to saves up money. We all know how bitcoin today is a big thing for every person because of the possibility of having a good earnings or making profit. The idea of saving for future prefences like for our children or even grandchildren is a very good idea and wise I guess because it may help them a lot in the future for starting like in college or businesses. But ofcourse, as we all know bitcoin doesn't that stable today, we must sure to save our private keu and our password for us to sure our savings and its future use for the one who will inherit it. |
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I dont think there is any reason for any one to say Ethereum will be the biggest cryptocurrency at the end of 2021, Bitcoin is currently the largest cryptocurrency and am sure bitcoin will continue to lead any other coin will definitely follow bitcoin. Ethereum is the second largest cryptocurrency and I believe it will continue like that. Bitcoin is the market controller if bitcoin crash definitely Ethereum will also crash and other altcoins too.
The idea has a point actually. It is true that bitcoin is somehow far from the etherum as of now but I also believe that it is possible too. Depends on how the market will move alongside with the investors, traders and some people that can affect the value in the marketplace. Yet, I think it is also has a low possibility for the Ethereum to surprass the value of bitcoin as of now. We all know that they are both cryptocurrencies which has a volatile attitude. They are both unpredictable and the value isn't stable. Who knows, we can say that it may not surprass rhe bitcoin but I gues it will always have a possibility or be open to that idea where someday, bitcoin may be replaced in the top. |
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There are different ways by which we can obtain bitcoins like Buying on exchange, accepting bitcoin payments or using mining.
Which is the fast and beneficial resources of obtaining bitcoin??
The simple and easier way to obtain bitcoins is exchanging your fiat currency for Bitcoin. That is buying bitcoins on any platform selling Bitcoin. You just have to find or identify the platform that you are comfortable buying the Bitcoin from. There is no free way of obtaining bitcoin, you just have to pay to get one. Mining bitcoin is not a good way of obtaining Bitcoin. There are lot of differenr ways to earn bitcoin as of now. Many people would prefer to find aome ways to earn or make profit by bitcoin or in general, cryptocurrency because they believe that it is a very big thing today. One of the best way to earn bitcoin is to join in signature campaigns here in the forum. Back in 2017 when I first got into cryptocurrency, the thing I did was joined here in forum or campaigns. I able to earn a good profit because bitcoin was very low that time and I experience to have a all time. Bitcoin have reached its new all time high value And I believe it will break its own record aomeday in the future. |
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Cheating doesn't always brings good results but also brings bad consequences and I don't want to get that consequences instead i'll gamble without cheating. Some people may cheat for a reason but it's not a good choice to cheat just because you are doing it for a good cause. Gambling is for entertainment and to try their luck to earn huge amount of money or lose huge money overall.
People always believe that gambling is one of the best ways to earn and makes profit. And always people thinks thay whenever they played gambling is that their earnings is guaranteed. And that's lead them to their greediness when their experience losing rather than earning. That attitude will lead them to plau gambling with cheating. But not all gambling sites or game may be cheated because of the reputations. Cheating isn't always the answer. Before you play gambling, you must be aware that there are 50/50 chance of winnings and be sure to play fair game just like what others did. |
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