To say that it had slumped is a bit of an exaggeration since it barely dumped Bitcoin's value, and to top it all off, for only a short matter of time. Goes to show that people have become smarter and learned to pick which news to focus on and which to shrug off. That being said this is a taste of the things to come and would signify that bitcoin will not be fazed by any negative news coming from China moving forward. Exactly. Bitcoin bounced back a few days prior to the said news and the dump following it so it means that neither was the news that impactful nor was it a slump. If it were a slump we would've seen a much disastrous drop in price. Regardless if it were a dump or a slump, good investors will see opportunity in red situations like these.

Bitcoin has value because we assume it has value, the same happened with all other commodities and assets that are out there, even money. Everything really. Value is an abstract concept that we base on things that are abstract themselves. So does bitcoin have value? Yes. Why does it have value? Because we said so. To put it simply, bitcoin's value depends on how people sees it. That's basically it. Bitcoin is backed by the dollar, dollar is backed by gold, gold is backed by the people who thought gold was so valuable, spanning from ancient antiquity until now. Value is an abstract quality, but it doesn't mean it's pointless. It's the things that we treasure the most, bitcoin in this case, that defines us.

A good reason why bitcoin is so big with cryptocurrency investors is because of the fact that it has good volatility rate that could pump the price up the same way it could dump it down as well. Really volatility is a double-edged sword for investors because most of them use these sudden price surges and drops as a means to earn money with cryptocurrency. The same goes with speculations. Exactly. Bitcoin being this dynamic is what caused all this craze anyway. So it's not entirely bad for cryptocurrencies to be this way at least while they are still a store-of-value asset. The narrative changes however once they become accepted as bona fide currencies that could be used for everyday menial transactions because the slightest fluctuations could cause problems if volatility is not solved.

To say that a solar storm would ONLY cause internet outage is a big mistake. I'd tell you that depending on the intensity of the winds that will hit the Earth, Solar storm could either disrupt electronics, and communications, or could even cost us our lives and food resources in the process. A truly terrifying event that further implies the universe hates technology, and has machinations within its confines that would destroy us in a single flash. Except we may really get hit by a solar storm since we're starting solar cycle 25, as evident from the sunspots that scientists have been observing since the past few years. Still a solar storm doesn't automatically mean we will get hit directly but if we do get hit, let's just say we're properly fucked.

The demand is there, and is increasing as we speak but even that isn't a surefire way for us to say that Bitcoin is gonna end high this year. a couple more parameters are needed to be met in order to confirm such predictions. Although personally, I think this year's gonna end well for bitcoin. Still, this could change in the following months. There's a strong indicator that Bitcoin will end the year strong, if not excellent. Ever increasing demand, El Salvador, among others that are honestly too many to mention in one post. One should always look out for outliers though before assuming everything outright. Although truth be told, as I said earlier there's a huge possibility that bitcoin will pump or end at a fairly reasonable price.

I shrug it off. China has been negative towards bitcoin since time immemorial, and to let such a good piece of technology die just because some Communist Country tells its people it is bad to have freedom through the currency isn't something that would faze me. As a matter of fact, a lot of us here are already fed up with China's bullcrap that they didn't bother getting into the news anymore. And the evidence is bitcoin's sudden pump even during this banning. A lot of us are like you already my friend. It has been a long time since we've heard anything good come from China, it's time we detoxify and not let these FUD get into our heads. I may sound like some evangelist thinking of bitcoin as a savior of the masses but the thing is, China has antagonized cryptocurrencies for so long that it's just annoying at this point, so there's no reason as to why you should even consider the implications of China ever banning cryptocurrency within their border.

The thing about money-making apps is they make more money out of you than you do out of them. These pesky apps that have riddled the play store promising awesome payoffs through Paypal or whatever the hell they are gonna send your money into is nothing but sham. Yes they will pay, yes they will give you the general feel of the app but as soon as tutorial is over, they'd start making a fool out of you by making sure you stay on their app for as long as possible so you can consume all the ads they will throw at you while you are staring at your phone hoping that you'd get that money which you probably won't anyway. I think a lot of us would agree that money-making apps are just plain out Satan's way of getting a good laugh from gullible people. It's even harder to imagine that some people, sometimes even your family or friends, get baited into downloading these apps and letting it inject all kinds of ads and sometimes even malware into your system.

For regular people like 80-90%  of the people in this forum, accessibility is the most important thing because how would you be able to enjoy the benefits of something if you can't get your hands into it. So people here would probably use cryptocurrencies as a way to combat inflation and keep the value of their wealth safe and secured. For some others who could afford the finest things in life, real estate and art could work well for them. Personally, Bitcoin is my go-to in ensuring that I don't lose over inflation. It's almost obvious at this point that people will choose whatever is more accessible and available to them, especially if they do not have the privilege to acquire or be given choices to begin with. Art may have better longevity and greater profit margin but then again we have to remember that not everyone of us have the money to get even the cheapest masters' painting on the market or available for auction.

Neopets have been a part of my childhood. I could still remember playing some of their minigames and it sucks that they slowly drifted away from the spotlight when at a certain point during my schooling the entirety of my grade level had his own Neopets account. Hearing about this awful news makes me retch even more because they literally threw all their cards away at being relevant again. That being said can't really see why they won't try to cash in on the NFT hype, just not this way. Thanks for the inspiring message. Although most youth nowadays focus on what's topical and what's in the trend which is why some obscure yet important stuff gets sidelined in favor of useless information. Add to this the fact that the youth's opinion is most of the time undervalued as well, basically because of the bias that they have "lesser experience" than their older counterparts, these play a great role in impeding progress.

It's not like they do not know what bitcoin is capable of that's why they are banning them. As a matter of fact the opposite is the reason why these governments that are backed by their corresponding banking institutions do so. They know bitcoin could revolutionize money and give the power back to the people, which isn't a good idea as per the .1% elite. So they do whatever they can in their power to ban bitcoin and crypto altogether.. A small number of countries mind you. A couple of countries are still against the use of cryptocurrencies over fiat. These nations will soon come to realize that the world won't adjust for their preferences. People will want to have innovation in the future and inevitably, they would want the same for their currencies.

It has been so common in the cryptocurrency industry to be one-upped by someone over things like this. Some people even see it as a rite of passage that one must take in order to become a learned cryptocurrency investor. Obviously this shouldn't be the case no matter the circumstances but without a good plan of action, we can only hope to prevent it. This is true. Scammers love to prey upon the gullibility and the lack of information of newbies which is why they love them the most. Honestly we can't really prevent scammers from scamming other people but what we can do is invest in the knowledge so when the time comes that you encounter a hacker or a scammer trynna trick you out of your hard-earned investments, you are well-prepared

Would assume you are new to cryptocurrencies and buying ETH at such a high gas fee surprised you the most. A few months back it was much higher than that and it is just something that comes along whenever there's a bull run. The amount of transactions per day volumizes and this increase puts a toll on the machines that compute for these transactions to be processed, thus causing for shortage and whenever there's a high demand and a low supply, a price hike happens. ETH 2.0 promises to solve this issue anyway, so I'm thinking we should just wait for this issue out until the fix arrives, what you said about profits and paying high gas fees may be true to you but not for others, so I wouldn't fully agree on that. That being said, an issue like this isn't something that you would be forced to deal with everyday anyway, so it's not like you have no choice or agency for when you would time your transactions.

One way or another you gained something from investing in crypto. Even the losses you incurred gave you valuable lessons that you can then use for future reference. Although investing using gut instinct typically ends unwell. As for cryptocurrencies that show future growth, I would suggest you invest in the biggest coins in the market if you haven't already. And then Solana. It's progressing so quickly and so huge it just can't be left unnoticed. IMO trading is more suspenseful and stressful than traditional gambling means like poker and roulette. The fact that you have more agency over the odds of winning and losing in trading compared to gambling is what makes it more enticing yet stressful at times. Plus the fact that the same strat could work for the majority of traders makes it fun as well, but I digress. Investing should definitely be taken seriously and not be relied on your gut instinct.

Zimbabwe faced serious monetary issues in the past, inflating their native currency to even force them to print denominations for trillions of Zimbabwean currency. The show of support from Zimbabwe's minister could be a sign that they are embracing the much more secure and sustainable bitcoin and cryptocurrency usage compared to their inferior fiat currency. This could change in the future, but it is good to see that a notable figure of a sizable country like Zimbabwe is admitting support of Bitcoin. Could be, could be a mix of all other factors that affected Zimbabwe's economy in the past few years. It is quite exhilarating to know about this and I hope that Zimbabwe and Bitcoin stay close for the years to come. Although we all know that this may change in the future, hopefully for the better. Otherwise this will be one of the biggest switcheroos in the cryptocurrency space that people will talk about for months on end.

The first few bad news coming from China were impactful because let's be real here, population and economy-wise they have a pretty good standing, and becoming friends with a country as big as China will definitely help in the onboarding of people on what cryptocurrency really is and altogether help in cryptocurrency adoption. But as time went by, people got the hang of the bullcrap that China is throwing over bitcoin, and other cryptocurrencies, just like a couple of days ago when they released a statement declaring that they ban all forms of cryptocurrency and related activities, yet bitcoin and a huge portion of the top coins in the market still pumped anyway. Goes to show that people are becoming smarter by the day. Or, do your own research, base your investment choices on facts and not just on mere FUD, I believe this works better in combatting FUD because be it bitcoin or the biggest altcoin on the market, there will be some form of FUD that critics will throw just to upset the otherwise pumping price. If we do our own homework ourselves at the very least we can ensure that the information we get is firsthand and not just some random hearsay

AFAIK he already had a history of committing fraudulent activities like embezzlement and tax fraud, costing him jail time in the past. If that's so, then he either sucks at hiding the bones in his closet, or he has a very good lawyer, but I digress. If he already has issues like these in the past there's no point in keeping him active in the sport he plays in, it's just gonna throw dirt to the game and would cause further detriments not only to him but to other players associated with him as well, or have they done that already? Regardless if he is a player or not that bets in his own games, the previous accusations against him are a bit too big to leave unnoticed, embezzlement and tax fraud are some grave crimes that even a regular guy that does not have any following would be subject to the law. As for the newer accusations against him, for me, it still counts as an offense since it's pretty much manipulating your chances of getting a pay. It doesn't make sense the way I put it but personally, it's unfair to get a boost in some way or another while a game is yet to, or is already transpiring.

Since you're probably new to crypto and crypto gambling altogether. I'd suggest you the same site that everyone does which is SwC Poker. The site is reputable enough to be trusted with your money and you can rest assured that no monkey business is going on with them. As a newbie, it is always important to secure yourself from the scammers and people who will try to trick you out of your money and steal from you. Try new things as you research and learn. That's the best way to stay safe and profit well in this industry. Nitrogen had past issues with Collusion and I saw some people sharing and suggesting that site to OP. Not to ruin the business of everyone but the fact remains that we want to secure OP's safety while traversing the cryptocurrency world, especially in gambling. Might as well suggest sites that have been confirmed to have no bad records so we can ensure OP's funds aren't going to some evil dude's pockets.

Most newbies fall prey to games and NFT projects that show promise of profit but fall short in longevity. Things come and go and the same goes for projects in the cryptocurrency space, but there are a few notable ones that with a little bit of research and time, you may stumble upon and invest. Instead of going for the one-hit-wonders of the market that will only give you profits for a couple of months and would then drop out of nowhere, slow but sure projects are a better alternative. The same could be said for projects in the NFT space. As we progress to a much more advanced future, people will take notice of the Metaverse and would inevitably invest in projects that promise anything that is Metaverse-related. That being said games aren't just the things you can toy with when discussing Metaverse. There are boundless applications for Metaverse that could then be transposed into cryptocurrencies and NFT projects which would definitely amp its standing over the world.

Odds are low, but not impossible. Would like to suppose you're being subjected to Gambler's Fallacy due to the fact that it sounded as if you assumed there is no chance that such a pattern will come out on your roll. Gambler's Fallacy happens when your heuristics and biases make you assume that there are patterns you can exploit in a game that would guarantee you wins.
Sad to say the human brain loves patterns, so it wouldn't be able to avoid pining on these things even if its life depended on it. It has helped us survive the deserts of Africa back when we are still hunter-gatherers, nowadays it serves to cost us a lot in situations where randomness is king. But with enough practice and self-discipline anyone could at least turn a blind eye on these flimsy patterns and help the gambler see the situation for what it really is.

So the worst-case scenario is a possible outlier case that only a small percentage of gamblers succumb into. That being said it's still something that should be looked upon and I think it is justified that banks are the ones who are supposed to impose restrictions on the gambler's behalf. Gambling addiction is just as bad as any other type of addiction out there and it's not something that could or should be downplayed no matter how absurd it may look or sound to you.   Responsible gambling is the key here basically. For me, people should have all rights to their money, even if it came from their credit cards, but the fact remains that money should be spent wisely, and moves like these which could prevent future jeopardies would be beneficial not only on the person gambling's behalf but would also be beneficial to the banking institution. So it doesn't really matter who bans credit card usage for gambling, as long as rules are imposed, it's all good.