I believe you are only overestimating things. The situation indeed looks bleak but it's not something that will cause huge that extreme of problems for the people. What's bad about this post is that there are newbies here who do nog have sufficient knowledge of crypto and economics just yet that just might believe you, causing inhrrent panic and fear among the people. Please do your own research first before doing these, a "sorry for fudding" isn't gonna save you the gravity of your actions.

Correct me if I am wrong, but I feel terribly bad for the small investors who are forced to sell when the price dropped to $16600 as you have mentioned. Goes to show how much power these whales have even over our bitcoins. One sell and *poof*, everything gone. That being said, what I'm more scared about is these corporations jumping into the cryptocurrency train. They weren't supposed to be here in the first place since bitcoin is for the free people, and I do appreciate the fact that with them on the industry, it allowed more people to invest. However, I also see this as them doing what megacorporations are good at, capitalism. Hopefully we find a way to put the power back to the people and to tip the scales in our favor.

Sounds really bad. The big discrepancy here being the fact that you are in lost regarding why your account is blocked, especially in the midst of you getting a big win. Altjough it is not a fsult of your own, you have to admit you dropped the ball on the commitment department, you weren't able to adhere to the schedule you yourself set. Hopefully you get back the funds you lost, 32k is no joke. Problem here is nobody knows when they are about to encounter a big inconvenience like this, so you can't really put the blame on the guy, especially if he is an experienced high-roller. The problem is on the gambling site's end, in which they blocked thsi guy without any reason whatsoever, plus the fact that he doesn't even know if his funds are safe or if they were already lost.

Didn't they do this in the past? I remember reading from an arficle way back in 2015 that someone purchased a box of pizza which is worth a couple thousands of bitcoins at the time. Though I wouldn't really be surprised if they drop it immediately as bitcoin was not that prpfitable in the past and added to this the fact that there is limited ways for users to cash the coins out. I think it's still a good news for the people of Venezuela as they are starting to shift into a different way of paying things aside from the oil-based dollar that is slowly seeing decline as more and more people go electric. I hope to see more of this in the future

I hope you don't mean that it is on par with gold because gold is way out of bitcoin's league when it comes to price. Availability wise, bitcoin wins as it has virtually more accessible coins up there that are also easier to mine unlike gold. It also can't lose value as it does not wear out or deplete. And most of all, it has an insane price per piece ratio compared to gold's. Nonetheless, one can definitely say that bitcoin is the gold of cryptocurrency

What I would say is the biggest threat to bitcoin would be it's own price right now. As we reach far greater heights with bitcoin approaching a new All Time High, we will have more people coming in to join the party, and when the party is over, we know what comes next. The dump that would ensue after this might be bigger than the previous ATH we had reached, not to mention the whales that might also drop their coins out for the huge profit coming in.

I just checked the video out and honestly all my troubles regarding animal rights and such, all went away, as well as my questions regarding the provability of the game. I'd say it's... Interesting and quite weird as we are beginning to trust a hamster more than our fellow people. Nonetheless this is an innovative concept, and would love to see this project succeed in the future. Exactly, gamblers would want a new flavor to spice up their game every now and then, and it's the reason why this game is blowing up in this forum. As the project progresses and its funding increased, we hope to see different racetracks powered by different hamsters with a live feed on the hamsters too cause they are cute.

Didn't know this is the case, to be honest I was too hyped about paypal being into cryptocurrency since it was one of if not the biggest online banks there is and is also a pioneer at that matter, perhaps I put so much of my trust into the venture. It pretty much looks like they are just using bitcoin's popularity to gather more people into their project which shouldn't be the case at all.

It's not a surprise that more and more high-firm companies invest in crypto. What was once their huge enemy and something they used to laugh at during business meetings is now their master. This will only skyrocket cryptocurrency's reputation among the masses and in turn its price as well. Truly exciting, as this will open more doors for cryptocurrency to thrive in.

a lot of people are in the gamble for a thrill, and the catharsis or joy you feel when you got something good back. So that in and of itself most definitely defines gambling as a form of entertainment. You got in for a good time, and you feel good when things work in your favor. This is just flawed.just because you didn't feel good about what happened doesn't mean it's not entertainment for the whole majority anymore. When you play games, you're bound to lose, and doesn't that feel bad too? Well using your logic then that should mean it's not entertainment anymore. And people train to be better in these games, so that must mean it's not entertainment anymore coz it's supposed to be a "serious business"

I'm not really getting why people should unearth things that do not hold any significance or value anymore. Like who Satoshi Nakamoto is, he shouldn't be bothered anymore, after all the coin is already bigger than himself and it has been able to survive without his assistance all this time, so why waste and invest all this power in looking for him? Exactly. He specifically wished to be left alone and to be left in his own world. He does not wamt anything to do woth the coin in all seriousness even if he was the one who made it, let's just respect the man's decision and go on with ourselves, and probably invest this amount of energy in something more productive.

I thought you mean subject of conversation when I read your title,  

Anyways, it's not a surprise to see that bitcoin is gaining traction even in the field of education, it's about time people know more about cryptocirrencies and the clocks that make them tick, as well as investment strategies that they can also use for other ventures like the stock market. We are shifting through a new page of history where people are learning that being a 9-5 salaryman isn't the only way tp earn money, and with this the biggers corps have to cover up.

Taking loans is not a good idea. I am tellimg you that. But everything else you say is promising and may be true, butbI don't think it fundamentally doesn't need any skills to be used even in an "easy environment" as this year's, (which is not because of the coronavirus outbreak). It has to require some sort of skill or at the very least sufficient knowledge to take advantage of the ease.

bitcoin is gold to us because it is endowed with value. Nothing more, nothing less. It doesn't have any striking capabilities given its intangibility when compared to gold, with its long history of use and value that outdate even our ancestors ancestors. The same goes for gold, hadn't we thought that gold is valuable in the first place, we wouldn't endow it with value no matter how useful it is. So what's going on here really is the paradox of value. exactly. It is profitable that's why people are into it. There's nothing too explain anymore. It's a cash cow for many of us and bitcoin, being valuable in and of itself, is also regarded and recognized as something that holds significant value. Too rare do humans endow something with a value based on their benefits to society and when we do, we jack the price down to cater to the greater public, either as an altruistic manner of giving to the greater mass or as a way to earn more customers.

Let us al already claim that it actually landed another ATH this year. Congratulations to those people whp persevered and hodled from last 2017's price dump and believed that the coin will come out on top! We can eveb expect it to raise higher since we still have the up until December for this year, so that means a lot of money for a lot of people! Though the downsides of all of this is of course, the huge transaction fees we have to pay to cash out.

Not so sure how to put it, but hyperinflation may not happen despite the current face of the economy. Why? It's because everyone is on the same dumpster now. And you open a country by the way to minimize damages caused by a catasthropic event,to allow more people to come over and spend their money on that particular country. That wouldn't be a viable solution in the case of COVID-19 because of course, traveling outside of your house already pose a great risk, what more would traveling outside the country will be?

Rule of thumb guys. Stranger danger eh? You have no idea what this person is or isn't capable of doing, and on top of that you're entrusting him with your money? That's how scammers win! Might as well ignore it and secure your money from loss rather than hope for a win which is heavily unlikely in this scenario. After all, loss prevention is still a win even without the gains.

Competition uncreased during this crisis which made it hardee even for us online job employees to land a job. Since most people will only want to learn one or two skills the field becomes so saturated that nobody wants to hire anyone anymore. That being said, it also allowed for bigger salaries and bigger benefits altogether to the employee, so I can't really say it's a win, but it is a good strike indeed.

If their government is that committed to stopping people from using cryptocurrency rather than just have them allow it to be usable, then that most likely means they want this fight and would be willing to incarcerate every people in Bangladesh if it may to ensure that bitcoin finds no success there. Hopwfully this changes in the future but if not, more and more people will just use it and will get jailed later on.