I'm curious about the recent pump in Bitcoin's price. What are your thoughts on the factors that contributed to this surge? Do you believe it was primarily driven by positive news, investor speculation, increased mainstream awareness, or a combination of these factors? How do you think this pump will impact the overall cryptocurrency market? Looking forward to hearing your insights and opinions!"

I didn’t think centralized exchanges are more convenient overall.
Centralized exchanges start convenient and become inconvenient later on. P2P requires a higher initial effort, but becomes more convenient later on.

Centralized exchanges let you sign up easily, then force KYC on you, later ask you to verify your source of funds, Bincance hat 3 upload spaces for source of funds, but I had 5 document, had to wait 5 days until documents were reviewed, Binance then refused me without giving me a reason asking me to reapply, I reapplied, refused again. All of this while sometimes holding your funds hostage.
If you want to make your taxes you are limited to exporting 3 month of transaction history. You can only load 3 transaction histories a day.
Trouble over trouble.

P2P has a higher initial effort required, but then the effort is lower especially if you use the same counter parties again and again.

On the topic of Binance P2P, it is not real P2P if Binance is not involved.

Am I the only one who hates those? We've had "bonus cards" for years, and once in a while coupons to use or stickers to collect. Now more and more supermarkets are switching to apps to give you discounts spy on you and give you notifications. I really hate the fact that they overprice items, unless you join their marketing scheme that's designed to tie you to their shop.

To all those who read my opinions in different topics, you know that I'm cynical towards BlackRock's Bitcoin ETF because of the vague wording used about hard forks in their registration statement.

I want to get that out first before making the "shower thought" for the topic.

From an investment perspective, OK, I'm curious if anyone knows, when was the first modern ETF for Gold issued? Wikipedia says it was during 2003.


Zoom out Gold's chart to the maximum and look starting at 2003. Merely my two sats, but believe it will be the same for Bitcoin. It will have one of its greatest price trajectory we have ever seen during the next real bull cycle. Perhaps the same as 2015 - 2017, perhaps more?

I know franky1 doesn't believe it, we have debated about it before. Although he made a good point, he didn't consider the Cabal's long term, and possibly unlimited, printing of fiat.

 

On the road to $500,000.

The OP knows he has missed many opportunities to buy as low as the initial investors but of course if he expects that time to repeat then impossible is the answer. Of course he could buy now, but he shouldn't just buy with 100% of his budget. DCA can help him accumulate his assets at each correction low, that's much better than expecting prices to drop lower like the past.

^  Tell me about it...  It's getting a bit frustrating as it goes up to 31k then some guy starts selling it down, prolly even shorting it.  I think there's somebody out there protecting their hefty short positions cos why not just cover the short and shift going long?  :/

The best thing that's gonna happen is for it to shoot up and liquidate all those shorts along the way and force them to cover.  We have seen it before.  

But we'll see...  It's been almost 20 days in this range.  Something has to give.

I prefer the old way to store my seed phrases. I have passhrase with them all which is enough for me. If anyone knows my seed phrase, the 21 character passphrase I used with it with upper cases, lower cases, numbers and sign characters is enough against any brute force attack.

Can you explain me why i need to learned gambling?

Simply put, here only millions of money are managed by asset owners, so where i have no money. In fact, i have ideas about gambling, but I don't have the ability to spend money there.

I use the most popular crypto Bitcoin. I have tried  Ethereum, and Litecoin, which are also some common options at online casinos.  And have attempted using altcoins like Doge, Tether, and Solana. When compared to using fiat for gambling I have noticed that most online casinos have welcome bonuses specifically for crypto.

In addition, cashing out with crypto is simple too. Typically, withdrawals with crypto are typically faster  than other banking methods. Once I receive my winnings, I easily can exchange my  crypto on the  market for my local currency without no hassle and I can do it at night or during the weekend.

You pay for convenience.

Imagine a supermarket being an exchange and a convenience store being an ATM.

Sometimes it might be useful to have an ATM when visiting a foreign country for a bit, say to get a bit of their local cash with Bitcoin, without needing any banks.

From the time I studied in class eight, I used to take money from my father, uncle, elder brothers on the occasion of religious festivals. After few years I kept saving money and with the saved money I started a quail and pigeon farm. After two years of service I got a fairly good benefit from them. One day I got to know about Bitcoin by meeting an elder brother while visiting a place. After learning about Bitcoin, my curiosity increased and gradually I tried to learn more about Bitcoin and became attracted to Bitcoin. A few months ago when the bitcoin market was 17 thousand USD I invested 80% of the dividend in the bitcoin market and I still hold it. When I do any work, I trust the right thinking and decision of my own morale towards that work. I think Bitcoin will be more valuable in the next few years and maybe it will reverse but I have confidence I hold it. When investing in something there is always risk involved. I think risk is the possibility of gaining or losing something valuable.

When someone has a particular wallet which he spends Bitcoins from can he be considered a Bitcoin investor?
Or does the term investor refer only to those who hodl Bitcoin?

There is euphoria in the market today. Bitcoin is up a bit, but altcoins have bounced back from the bottom very nicely. I don't know what news could have influenced this, but ltc did 30% and bch doubled in just one week. I guess it's hard not to say the bulls have come to the market.

Let's see the market prediction by crypto community.

I have thought about this question quite a while already, even though I am not even close to financial freedom yet. Acquiring so much wealth that I don't have to worry about money anymore is longterm goal of me that seems unrealistic at the moment. Still I like to think about what I would do in such a scenario, we never know it's only one lottery win away. Probably the first thing I would do is to quite my job and look for a more fulfilling job. Without the burden to pay bills and other expenses, I wouldn't work for my current boss. Also I wouldn't work full time anymore, only working in the mornings and having the afternoon off would be great. I need to keep working to have a fixed lifestyle, otherwise I would sleep all day and waste my time doing nothing. Teaching children would probably be the best kind of job for me. Having some classes with kids that are interested in science and doing experiments to keep the class engaging would be good and keeps me motivated.

I wish I could have posted this in a more better place but since the thoughts came from gambling addiction, I thought it wise to ask this question over here and I hope we can discuss and get this straight.

Just as the tittle already ask, I really want to know if people who are successful in gambling also seen as addicts because I believe  for one to be successful in gambling or whatever they choose to do, there must be some good amount  of time and effort invested in it as well as money and we know that a successful  gambler must have invested  both time, effort and even money to make any reasonable  winning  and these also are features of an addict as there are always excessive time spent on a betting site.

Now let's be sincere, will you also classify a successful gambler as an addict?

It is better to have a personal trading strategy, as it will give us a greater chance of success. I always trade using personal trading strategy, it helps us to make right decisions while trading. And it increases the success of trading. For the past few years I have been trading using trading strategies, and I have managed to own a good amount of money. In my opinion everyone should have a personal trading strategy. This will help us to earn good amount of money from trading.

Yeah, those are fake casinos that claim they are web3 platforms, but in reality, they are not. The question is how an average Joe will know that a specific casino is not using web3 technology? I don't know much about the web3 platform because I have rarely used any web3 platform so far. If a casino try to scam, they can do it no matter if it's web2 or web3.

Web2 casinos on the market for a long time now. Yes, there are some scam casinos around. You have to stay away from them. That does not mean all web2 casinos are scams. Beware of phishing too.

All kinds of work can be done in a permanent account so why we use demo account. We can use Permanent Account to learn something or to apply it practically. In the first case we will take practical idea from permanent account then when our practical idea is taken then we will try to become a professional traders with that permanent account then what is the need of demo account in this case. Those who use a demo account are later found to be using a permanent account because the things that can be done with a permanent account are not possible with a demo account. So it is better to do the same thing once instead of doing it again and again. I think it is better to use a permanent account instead of using a demo account.

Our history of posts indicates that many of us are active contributors to the gambling board. We engage in discussions about various aspects of gambling, including sports betting, different casino games, and even stories, whether real or fictional. The topic of gambling addiction has been extensively covered, to the point where one could compile a short book on the subject just from our discussions. We have also shared our opinions and insights on gambling strategies. Considering all of this, I would like to ask:

• Has being an active participant in the gambling section helped you develop more effective strategies for winning bets?
• Has it aided you in overcoming gambling addiction (if you were addicted) or developing healthier gambling habits?
• Have you noticed an overall improvement in your gambling experiences?

Let's delve into this topic because beyond simply increasing post counts, there must be genuine benefits to actively participating in these discussions.