|
A single bet involves just two teams which greatly reduces the risk of losing unlike multi bets which are risky because there are more chances of losing.
Personally, I prefer single bets. Although the odds are low, the high percentage certainty of winning is enough to make me go for it.
When I make single bets, all I do is simply stake high. Staking high might be risky for those who practice multi bets but it's a way of increasing our winnings for us who play single bets.
I, however, think the best option is to practice both.
|
|
|
|
|
It is funny how that Warren Buffet would think bitcoin has no value but can be sold to someone else. I believe it is impossible to sell something that has no value. What would be the price of such commodity?
Truth be told, Warren is a leading figure in the area of money and investments and deserves some accolades. However, he's absolutely wrong about bitcoin.
Many have said it's probably because of his age and he couldn't totally grasp the idea behind bitcoin and the Blockchain technology. This may be true but I believe it's just because he doesn't believe in the potentials of bitcoin and would do anything to go against it.
|
|
|
|
China is a communist country that has everything in the control of the government and their currency is traded within the country. I believe the digital yuan was created in a bid to always have relevance in the digital world. Locally, this may do well for government since it will strengthen their control over the people but I do not see it doing well internationally. This is because I do believe anyone outside would want to use a digital money that is controlled by the government. That would defeat the very purpose of bitcoin and the Blockchain technology. |
|
|
|
Why are you complaining because bitcoin is serving its purpose. We'd all agree one of the very reasons many of us use bitcoin is because of the very low transaction fees as compared to banks. If someone sent that huge amount of money with such low transaction fee, then good for him because he's making the most of the advantages of bitcoin. Secondly, you should know that transaction fees are not determined by the amount of money transferred but the size of the transaction itself. You should be patient enough to wait longer for your transactions to be successful if you don't want to pay high transaction fee that are required for instant transfer. |
|
|
|
|
For gamblers, this is totally uncalled for but then one can't really blame the government. They've been hit hard by the pandemic having to set up isolation centers patients of the virus and relief centers for other citizens and one should note that it is also at this time that several offline businesses had to close down which means the government wasn't really get money from them in form of taxes and then a new source had to be looked for. Placing those regulations on online gambling is actually a way to rake in revenues for the government.
However, coming from the point of view of a gambler, it's totally uncalled for and should be scraped. It means I'll have to be charged unnecessarily, I'll probably have to pay higher withdrawal fee and this is not good for me.
|
|
|
|
In 2008, there was a huge economic catastrophe in the world. Some banks conspired and deliberately caused this economic disaster. This is why many people were financially disadvantaged and lost their trust in the bank. I think Satoshi made bitcoin to save people from this disaster. That is, Satoshi has created a currency where there is no third party. There will be no central bank. No one can control it. Customer to customer transactions can be done. While Bitcoin has no controller, no one will be able to intentionally disrupt its finances. Bitcoin introduced a new horizon to the world's economy and freed people from this economic catastrophe.
So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?
Yes, you're absolutely right. Bitcoin was created to be decentralized currency free from the control of banks or any third party. Bitcoin was also created to provide its users with anonymity, transparency, anti-fraud and quick transaction time. Just like many have mentioned already, I believe the reasons bitcoin was made are the benefits that we now enjoy. I'm sure you'd agree with me that one of the disadvantages of banks is the slow transaction time. It takes days, sometimes weeks, to send money from one country to the other. Something that is now possible in minutes, if not seconds, sending bitcoin. Anonymity is another advantage we enjoy. Transactions now do not need personal details to be successful. What is needed is simply the bitcoin address and all is done. |
|
|
|
I think Bitcoins are ready to be the World Wide Number 1 Currency, unfortunately most countries are not ready. The understanding of and believing in crypto currencies is not enough yet in most countries. Bitcoins are being used by many people all around the world, but the number of people who don't want use any internet currency is still high. Just by looking at my parents I see that lack the undestanding and are too afraid to try something new. They are just to old to go with cryptos. In 10-20 years most countries should be ready to adopt bitcoins as number one currency.
I totally agree with you. It can never be more true. I believe bitcoin in itself is ready for worldwide number 1 currency. The only limiting factor is the mass adoption of bitcoin in the mainstream world. Several countries do not accept bitcoin as it stands. Although a lot of people are currently involved with bitcoin, there's still much larger percentage that do not use it. Several do not even have access to the internet. You'd understand this better if you take a study of developing countries especially in Africa and Asia. You'd realized that there are a lot of people who have never been to a school and wouldn't understand what bitcoin is. You should also note that even in developed countries, there is a whole generation that wouldn't even want to hear of bitcoin. Many, there, even consider it illegal. |
|
|
|
Bitcoin market become high volatility and unpredictable. every trader use different skills make the market more complexity and increased risk. trading need more wisdom and consistency. At this time you may in these ways: 1. Copy trading (High Risk) 2. Bot trading (Not under control) 3. Trading by yourself (Emotional influence, wasted time) you may got disappointed in this situation, But if there have an service just notify for some most opportunity point and use reference in your trading that save a lot of time, reduce your emotional influence in analysis. and never missed every quotes, make you trading relaxed. https://tradwra.com an signal provider, just made for trader. once subscribed you will got new signal notify instantly. opportunity signal + your own trading strategy let's make trading easy! Just like many have mentioned already before me, the best form of trading is trading by oneself. That way your losses and profits are dependent on how efficient you are. I wouldn't advise copy trading. It isn't as effective as supposed and it involves high risk. Bot trading as mentioned by OP isn't under one's control and can be risky as well. However, I also would not advise trading waiting for signals from a signal provider. One wouldn't be able to trade at one's pace and will be waiting for signals which most likely would not come at a particular time. |
|
|
|
|
Why then is decentralization one of the intrinsic values of bitcoin if we still need Satoshi to explain its fundamentals? Why do we need Satoshi when he had already created the white paper for bitcoin and anyone could read it? Why do we need Satoshi when there are several bitcoin-related forums like bitcointalk that have answers to any technical questions or issues that concerns bitcoin?
I believe those who are skeptical of bitcoin or believe they need to wait for Satoshi's address are those who are too lazy to make researches concerning bitcoin. All that one needs to know is already out there and you do not need Satoshi to come out addressing us. That would defeat the very purpose of decentralization.
|
|
|
|
That is why we should only take betting for fun, and using only the funds that we can afford to lose to bet, and not also be addicted.
I absolutely agree that one should only gamble or bet with what one can afford to lose. What I do not agree with is taking betting for fun. Many gamblers, myself inclusive, do not gamble just for the fun of it because we're hoping to make winnings and get something of it and it's because of that we do not just make guesses when we bet but calculated attempts at winning. To answer your question, it's just a matter of strategy that works best for one. Personally, I prefer pre-match staking. I do this to avoid the tension that comes with watching a live match when one makes an in-play bet. What I do is simply make a calculated prediction, place a bet and wait for the result. |
|
|
|
I am in marketing field for a long time but I gave a little attention to BTC. Now I am studying about bitcoin. What I got is that a concept which rises from ashes to heavens. But the main aspect which make me to think twice before entering the btc is its high volatility and also I fell prey to the negative views. And when I further watched btc then I got amazed that btc is getting more adaptable day by day. Then I suddenly realised that if anybody would have purchased btc in bulk in the start (In pennies) and let assume he forgets but now he suddenly acquainted with his btc then OMG he would have "massive money", cannot imagine.
Lol it's just a thinking but the morale is that I have missed the biggest opportunity and I accept that it's a blunder for not participating positively in btc.
 It's funny I felt exactly like this when I got to know about bitcoin back in 2016. I felt I had missed out on so much that I could never catch up but then I got involved and the journey's been great. Believe me you, it's not late to join the train. People have joined and are joining the bitcoin train at every point in time. I'm sure there are people who got involved with bitcoin when it was $5000 and some people joined when it was $20000 back in 2017. The point is you can always join. It's true those who bought bitcoin when it was almost worthless are millionaires, if not billionaires, now but it's also true that those who buy now would make great amount of money ten years from now. However, it is also possible it goes the other way around. That's just the market |
|
|
|
I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
This is an awesome piece. This is absolutely something every newbie trader should see. Crypto trading isn't a get rich scheme and a little profit a day eventually adds up to something big. It is true you could have gotten more profits by holding longer but it is also true you could have even lost all which is way bad. I've realized over the years that one of the lessons a trader ought to learn before venturing into trading is when to exit. Many traders don't exit a trade even after meeting their target with the hope that it'll get higher only for the price to fall tragically and the trade ending in a loss. I believe a little profit everyday is better than a big profit once in a while. |
|
|
|
The pandemic did push the world towards a more digital age. There has been a change in consumer behavior and buying pattern. Most physical businesses and public businesses have been hit hard because of the strict government rules and regulations on public gatherings. People have been forced to reduce to the nearest minimum the time they spend in public places like shopping malls, supermarkets and also the amount of money they spend on non Essentials goods and services. People are more aware and now adapting to a new way of living (the digital way) one of which is “E-commerce”. In a study conducted that I stumbled across; https://unctad.org/news/covid-19-has-changed-online-shopping-forever-survey-showsIt clearly shows that Companies and businesses that put E-commerce at the the forefront of their business are ready for the new digital age that is emerging from this pandemic, while those that operate with cryptocurrency in addition to e-commerce will have the ultimate edge over others. No wonder the already existing companies are incorporating bitcoin (cryptocurrency) related services to their already exiting services, for example PayPal. What a great time to be Bitcoin Enthusiast. It is noteworthy to know that the world has been moving towards a more digital age before the pandemic. The pandemic only gave it a huge boost due to strict regulations on gatherings. However, the pandemic forced several businesses to operate digitally, adopting online marketing and accepting money without any physical contact. Although a great deal of people got to know and use bitcoin because of the pandemic, I believe several others still didn't know about bitcoin because it was not absolutely necessary to make payments online due to the fact that there were bank's credit and debit cards and money transfers could be done to pay for goods and services online |
|
|
|
Bitcoin as a Decentralized Cryptocurrency has no physical structure just like the bank. It’s basically stored in a digital wallet/account being operated from a mobile device and its security embedded there also. In creating Defi wallet or block chain account no available section for next of kin or third party details Its always advised to keep Recovery Phrase details secret in save location, these will help in recovering the wallet.
Literally bitcoin details remain secret and personal to me. If I continue to keep my details secret of what use would it be to me when I’m no more and my love ones can’t benefit from my bitcoin? Here is my question what happens to the bitcoin of someone who died and didn’t disclose his/her wallet details to anyone? please I need response . Would the bitcoin be abandoned in the wallet forever?? Would it be a waste of bitcoin?
The answer is obvious enough. If you die without disclosing your seed phrase to your next of kin or someone you'd love to have it, then definitely your coins will be abandoned permanently in the wallet having no benefits whatsoever to either you or your loved ones. The only way to prevent this from happening is give your seed phrase to trusted individuals. Note that the key word there is 'Trusted'. If the individual isn't trusted, then you run the risk of having your coins looted. |
|
|
|
Hi everyone, I hope that you are having an amazing day. I have studied the crypto world for a while and I think I'm ready but I want to ask some questions. My idea was to start buying low and selling high. Do you have any preferred currencies to do so? I have seen a couple that tend to go up and down fast. Also, any tips would de appreciated.
Thanks in advance!
Buying low and selling high is basically what any successful trading entails. To make a profit in crypto trading, any trading at that, one's selling price should always be higher than the cost price. Trading crypto, however, is much more technical than just buying low and selling high. One needs to have all the necessary knowledge and skills required for trading. One should be able to analyze the market successfully using fundamental and technical analysis. One should be able to master one's emotion when trading and not give in to fear and anxiety. |
|
|
|
Why are governments still in control of the money printing process? how has cryptocurrency failed to make a dent?
Are we as a community too scared to challenge the status quo?
I do not think a time will come when bitcoin will completely eradicate fiat currencies. If that doesn't happen, then the government will always be in control of the money printing process. I agree with the fact that, at this rate of adoption, bitcoin will be the most used currency in the world but it will not completely erase fists. This is because bitcoin is digital. One should note that there are several parts of the world that do not have access to the internet especially in developing and under developed countries. Many do not even have basic amenities such as electricity and portable water. How then would they survive without fiat currencies? You should note, however, that bitcoin has been breaking through over the years. Just a look at the charts. The number of bitcoin users has increased tremendously over the last decade. Several companies have now adopted bitcoin as a means of payment for the services they render. A lot of other companies have bought bitcoin as a store of value. Trust me, bitcoin is breaking through, you're not just seeing it. |
|
|
|
I am literally good in with no doubt about it and if someones says he will donate a bitcoin to me I will going to accept it wholeheartedly for it can be used like a fiat currency could do or more than fiat currency could do. Bitcoin is all in one coin that involve also some sort of investment.
Most of the members here are over rating bitcoin compared to fiat currency. Others had degrading fiat currency because it can get easily influence by inflation rate and its value keep going down except for those rich countries that has maintain or stablize their economic growth. As we all know the value of fiat currency will depend on the economy of that country like those assets, resources and how it was being assessed. But I do not know how they made the assessment.
In my point of view, I more like fiat currency than bitcoin. I like to use more fiat currency and use the bank service as well that can be access digital through atm machine. However, I may not feel better with their service because any time they can steal your identity or their database that can be use in illegal activity but this is only a slight chance to happen but it is possible. The fiat currency has largely being used and applied in our daily life compared to bitcoin but I do believe that bitcoin will going to play this role too.
In my opinion, bitcoin has no real value.
Why?
Correct me if I am wrong,
* You can have bitcoin but if it is not being tradable to fiat currency then your bitcoin has no value at all.
* You need to buy bitcoin with fiat currency without fiat currency you can't have bitcoin
* when you buy bitcoin you have to pay services like in those banks and when you like to convert bitcoin to fiat and withdraw it to a banks then you will then again to pay the service of the bank. You need also to pay the bitcoin transaction fee. So fees are everywhere from those banks to bitcoin network deducted by the miners.
* bitcoin could stand alone without being paired by fiat currency but we should make it paired with fiat to get the bitcoin with value depending on the demand of the community.
* You can earn bitcoin investing in it but can take losses too depending on you. And this is why i think that many had said that they like bitcoin because they are earning but some that aren't. I feel sometimes bad about it you had your earnings coming from other people knowing that you had bought bitcoin cheaper price compared to the new comers with higher price of bitcoin
However, there are some of my points though of having bitcoin like the following,
* being anonymous in making a transaction or in a decentralized manner if bitcoin to bitcoin no third party services being used.
* p2p transactions and you do not need to worry the process of transaction for whenever there will be a new teansaction going to take place it will be broadcast to bitcoin network and will be confirm by a miner so no need for a third party service to take care of your transactions.
* bitcoin could be use to transfer money outside the country for a lesser expenses than bank or money transfer services.
* less hassle in bringing money to pocket but banks also offer digital money saving it or ready available through atm.
My conclusion
I agree that bitcoin is sort like a form of money but no way it could be the same as fiat currency because people trade their fiat to bitcoin which will then the price of bitcoin decided depending on the demand of the people wanting to have bitcoin.
Again, this is just my opinion because for me it seems that cryptocurrency has been exaggerated, over rated and fiat currency is being overkilled.
Bitcoin and fiat currency must not get overlap to each other. Both currencies are important especially for bitcoin lovers but if you are not a bitcoin lover then I know you will going to prefer fiat currency of course for its widely use if we will going to analyze its current function compared to bitcoin.
However, I still want to know your opinion regarding on the bitcoin vs. fiat currency.
Could it be possible to get bitcoin a value if not because of Fiat currency?
Could fiat currency will have no value without bitcoin? (Honestly fiat currency has value with or without bitcoin)
Note: The poll will expire in 30 days and the result will be shown after the poll expire.
Please respect post!
Edit: Sorry for being a bad guy here. But this is what the forum is all about to discuss matters that help us enlightenin every way.
Special thanks to @mk4 towards professionalism
Presently, as it stands, you're probably right that bitcoin has no value and fiat is more important than bitcoin is but pardon me if I say you only say this because you're short-sighted. Bitcoin has only been for a little over a decade and has risen tremendously over the years in terms of relevance and uses. True, bitcoin is not fulfilling its potential as a currency now, trust me, it is only a matter of time. You should know that very soon, at this rate, bitcoin will be adopted massively in the mainstream world and will become the legal tender just like any fiat you can think of. |
|
|
|
Just a feeling I have. It's all credit cards and dollars and shit.
Yeah, I'd rather spend the shit money and save my bitcoins, but I can't wait until I can use real money everywhere. I'd rather get paid in bitcoin and spend bitcoin.
I am sure everyone who uses bitcoin have thought or wished for this at one point or the other. It is only when buying and selling can be made with bitcoin in the mainstream world such as buying goods in the supermarket, paying your plumber and carpenter for their services with bitcoin, does bitcoin achieve its true purpose. When bitcoin was made, it was made to be a currency just the US Dollar and the Euro and the British Pound only that it is not controlled by any financial institution or the government |
|
|
|
|
Thank you OP for this thread. It is awesome to know things like this. It helps save unsuspecting gamblers from falling into scams. I'm exceptionally grateful for this.
My only regret is the fact that I didn't come across something like this sooner, say five years ago.
I fell for several scams like the ones OP mentioned. These sites and sportbook have great deposit bonuses and promise great returns only for me to deposit and then my account was blocked and my funds frozen.
I fell for these scams on numerous occasion until I learnt my lesson the hard way
|
|
|
|
|
Show Posts
