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12-17 21:44 - 'HEX isn’t a Scam. It’s a just a really bad investment if you trade ETH for it and fail to realize that the system is designed to profit the creator - just like a casino. And similar to a casino, the losers will outnumber...' by /u/Cartographer72 removed from /r/Bitcoin within 71-81min
''' HEX isn’t a Scam. It’s a just a really bad investment if you trade ETH for it and fail to realize that the system is designed to profit the creator - just like a casino. And similar to a casino, the losers will outnumber the winners by a million to one. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Cartographer72
China Stocks: "Cash is king during Chinese New Year, with gift-giving in the form of ‘red packets’ a major driver. Given that companies and stock markets are closed over the festivals, swathes of profit-taking take place to take vast sums of cash out of the system – causing fluctuations in stocks." $TANH – found resistance at $2.01, but the bullish trend of the RSI and MACD could have break resistance to my PT $2.72 $CAAS - Double bottom measured move to $8.36. $WEI - being backed by several social media influencers with PTs ranging $3-5+ Sympathy/Related: #QTT # CTK #WIMI #TIGR #AIHS #CMCM #UXIN #LAIX #TAL #DQ #LU #SEED #SXTC #BEST #TC #GSX #CCNC #PETZ #TKAT #PLAG #NCTY #MOXC #TANH #EVK #JRJC #AIH #HGSH #CCM #PLIN #BABA #TAOP #TEDU #LXEH #KXIN #OCG #YGMZ #ATIF #JFIN #CLEU #BHAT BTC/BLOCKCHAIN: Bitcoin hit 40K this weekend and Doge $0.07 $MARA $RIOT $BRQS – with bitcoin hitting 40K these are something to keep watch on Monday Sympathy/Related: #SOS #RIOT #MOGO #NXTD #IDEX #MGI #IZEA #EQOS #IPDN #EBON #DPW #MARA #PHUN MARIJUANA: $SNDL - Pullback to $0.85ish, buy the pullback for an inverse head and shoulders with a price target of $2.61 $HUGE - Daily trend about to turn bullish with massive volume spike. $CRBP – Huge gap to filled back up on the daily chart. PT $3.33 $KERN – Swing alert (weeks) growing nicely on the daily chart, but I wait for a pullback before making an entry. Long term PT $18.58 Sympathy/Related: #ACB, #TLRY #OGI #CGC #HEXO #CRON #APHA $ICG Energy Sector: $OPTT - Weekly trend about to change from bearish to bullish with significant volume increases week by week. PT: $8 short term, $18-20 longer term. $SPI - weekly chart bullish harami. Bullish pennant price action pattern. EMA200 $19.55 MACD crossed bullish. Daily chart hammebull pin bar impulse pullback Sympathy/Related:: #WWR #CBAT #PECK #PLUG #CLSK #FCEL #SUNW #AMTX #PEIX #TRCH $#ENG #SPI #WATT #ALAC #TRCH #OPTT #OEG BLM STOCKS: BLACK HISTORY MONTH Sympathy/Related #LMFA #IMTE #SALM #UONEK #CARV #BYFC $UNONE Biotechs: $OCGN – Swing alert (Weeks) huge volume coming in after the split. Base on my daily fibo chart $10.73. Sympathy/Related:: #ANVS #VXRT #AEZS #MBRX #SLS #CRMD #PRTA #VTVT #ALVR #PLRX #ARTL #GMDA #GRCL #TLSA #ATOS #IMNM #NKTX #AZRX #OCGN #SAVA #ADMS #SBBP #CNSP #AKER #SAVA #TTOO #AGEN TECHNICALS: $CNSL $RVPH – Both have double bottom with a hammer candle on Friday. $VISL – Huge volume on Friday. Continuation play PT $5 $BDR - this low float stock is weekly play. Typically spikes over $2 at least once a week and usually on Monday or Tuesday. 10-50%. $NAKD - Trend change and golden cross on the daily. Look for pullback to $.80 or so, then a push back to $2+ $CTRM - Over 25 million shares shorted on 1/15 that need to cover by tomorrow. Could be more powerful than the GME squeeze. Massive volume spike the past few weeks. First target $1, next target $2.69. $LMNL looks like it's time has come to start really retracing back to the teens. Bullish harami on weekly. 3 white soldier on the daily. Bull flag broke down for a DBR set up. 4hr set up for PM gapper. PT $5.96 then $6.99 for a break above $6.07 ~10-30%+ gainer Fib retracement levels 23.6% $11.19 / 38.2% $15.06 / 50.0% $18.19 / 61.8% $21.33 $ADMP - weekly chart showing extreme bullish confluence. bullish hammebull pin bar EMA6 bounce pattern/backtest old resistance as new support to maintain $1+ compliance. EMA200 $2.144 Daily chart fish hook pattern gap to 1.40 and 1.64 great chart set up for possible rockets. Backburners: ^WPRT ^PPBT ^MBII ^LAIX ^CLNE ^ELVT ^VRTV ^NAVB ^AAME ^VOR ^IMCR ^WHLR ^BOLT ^HTBX ^CLOV ^ABUS ^MRNA ^HGEN
Why you should not be concerned about the drop in price today during market hours
I've read a lot of comments of people panicking and starting to sell due to the drop in price during market hours today, from the 0.080 peak of last night. I'm hear to assure you that this is normal and I have some data to back me up. Please do take this post with a grain of salt as I am still new to this and don't bet your life on it holding up. Please remember this is gambling and not investing. This is a DOGE casino. Only bet what you can afford to lose.
Comparison with GME
First off, I noticed that our takeoffs have been after hours. The big spike yesterday started at 3:00 PM, right when market closed. It then really took off when AH on stocks closed, this is mostly due to the Elon tweet. The big point though is that it took off when market closed. When did it really start to drop? Around 7:00 AM this morning when the East Coast woke up and sold their DOGE to invest in GME. It further dropped when market opened. I'd like to direct your attention to the graph below, where the green line is GME and white is DOGE. This is a quick overlay I made from Robinhood and the scale of the market is wrong, but you can still see the general idea of what I'm going for, it is from market open to 1 PM EST. https://i.imgur.com/Yrba7rU.png What we see here is a seemingly inverse relationship. When DOGE rises, GME drops. When GME rises, DOGE drops. This is not perfect relation, but there's a reason behind it. This is because of people going in and using DOGE to make a profit then putting the profit into GME since people are expecting the big squeeze today. The effect of one dropping or rising is usually delayed, this is partially due to brokerage servers being overloaded. When GME closes today, it will be the weekend and since DOGE is a crypto, it never closes. This will bring floods of people into DOGE who were late to the GME train who are trying to turn their profits from GME into the values they were reading in the upwards of $50k+. There will be nothing to compete with DOGE tonight, if people grab ahold of what's going on DOGE will absolutely soar. Do not get discouraged by the drops into the 0.03 range. Buy it cheap. People want in on the DOGE casino and will be desperate to get more as they can't trade GME until Monday. This weekend is our time to shine.
Metcalfe's Law
Metcalfe's Law is essentially the law that the value of a network is a function of the number of pairs transactions possible. Think of it like this, two telephones can make only 1 connection, five can make 10 connections, and twelve can make 66 connections. See where I'm going with this? When more people join in, market cap will adjust with it. It was true with Bitcoin and every other major crypto. You can see the transactions vs market map visualized below for Bitcoin https://i.imgur.com/Sk9qCvk.png That means that Metcalfe's Law will eventually take over and the prices will rise.
What this means
This means that you all should not be panicking. Do not have paper paws, keep your diamond paws strong and hold the line. We can only be successful and get to $1 if we all work together. $1 is the first stop, we will then go higher. Only sell part of your DOGE at $1 and then we can skyrocket from there. If we all abandon each other, this won't take off and we'll sink down. DOGE isn't trending on Twitter anymore under the trending tab, we have to get that trending again. We have to get a post to the front page of Reddit so that everyone can buy in. It's at 0.04 cents right now, that is still up roughly 400%! Get your friends to drop just $10 on DOGE. Every little bit helps. Edit: As others have mentioned, brokerages have restricted sales and are down for maintenance is part of the drop as well. This is mostly due to load on servers. Crypto does not follow the same rules as stocks and DOGE being successful does not hurt the hedge funds. It is 100% a casino that's taking off because of the meme. We want it to continue that way because memes (and money) are great and we need all the laughs and jokes and bright spots we can get in these dark times. Also worth noting that it seems that SatoshiStreetBets will be doing a coordinated push at 3 PM EST when the market closes for DOGE so if you can afford to dump $10 more in, that would help with that effort
China Stocks: "Cash is king during Chinese New Year, with gift-giving in the form of ‘red packets’ a major driver. Given that companies and stock markets are closed over the festivals, swathes of profit-taking take place to take vast sums of cash out of the system – causing fluctuations in stocks." $TANH – found resistance at $2.01, but the bullish trend of the RSI and MACD could have break resistance to my PT $2.72 $CAAS - Double bottom measured move to $8.36. $WEI - being backed by several social media influencers with PTs ranging $3-5+ Sympathy/Related: #QTT # CTK #WIMI #TIGR #AIHS #CMCM #UXIN #LAIX #TAL #DQ #LU #SEED #SXTC #BEST #TC #GSX #CCNC #PETZ #TKAT #PLAG #NCTY #MOXC #TANH #EVK #JRJC #AIH #HGSH #CCM #PLIN #BABA #TAOP #TEDU #LXEH #KXIN #OCG #YGMZ #ATIF #JFIN #CLEU #BHAT BTC/BLOCKCHAIN: Bitcoin hit 40K this weekend and Doge $0.07 $MARA $RIOT $BRQS – with bitcoin hitting 40K these are something to keep watch on Monday Sympathy/Related: #SOS #RIOT #MOGO #NXTD #IDEX #MGI #IZEA #EQOS #IPDN #EBON #DPW #MARA #PHUN MARIJUANA: $SNDL - Pullback to $0.85ish, buy the pullback for an inverse head and shoulders with a price target of $2.61 $HUGE - Daily trend about to turn bullish with massive volume spike. $CRBP – Huge gap to filled back up on the daily chart. PT $3.33 $KERN – Swing alert (weeks) growing nicely on the daily chart, but I wait for a pullback before making an entry. Long term PT $18.58 Sympathy/Related: #ACB, #TLRY #OGI #CGC #HEXO #CRON #APHA $ICG Energy Sector: $OPTT - Weekly trend about to change from bearish to bullish with significant volume increases week by week. PT: $8 short term, $18-20 longer term. $SPI - weekly chart bullish harami. Bullish pennant price action pattern. EMA200 $19.55 MACD crossed bullish. Daily chart hammebull pin bar impulse pullback Sympathy/Related:: #WWR #CBAT #PECK #PLUG #CLSK #FCEL #SUNW #AMTX #PEIX #TRCH $#ENG #SPI #WATT #ALAC #TRCH #OPTT #OEG BLM STOCKS: BLACK HISTORY MONTH Sympathy/Related #LMFA #IMTE #SALM #UONEK #CARV #BYFC $UNONE Biotechs: $OCGN – Swing alert (Weeks) huge volume coming in after the split. Base on my daily fibo chart $10.73. Sympathy/Related:: #ANVS #VXRT #AEZS #MBRX #SLS #CRMD #PRTA #VTVT #ALVR #PLRX #ARTL #GMDA #GRCL #TLSA #ATOS #IMNM #NKTX #AZRX #OCGN #SAVA #ADMS #SBBP #CNSP #AKER #SAVA #TTOO #AGEN TECHNICALS: $CNSL $RVPH – Both have double bottom with a hammer candle on Friday. $VISL – Huge volume on Friday. Continuation play PT $5 $BDR - this low float stock is weekly play. Typically spikes over $2 at least once a week and usually on Monday or Tuesday. 10-50%. $NAKD - Trend change and golden cross on the daily. Look for pullback to $.80 or so, then a push back to $2+ $CTRM - Over 25 million shares shorted on 1/15 that need to cover by tomorrow. Could be more powerful than the GME squeeze. Massive volume spike the past few weeks. First target $1, next target $2.69. $LMNL looks like it's time has come to start really retracing back to the teens. Bullish harami on weekly. 3 white soldier on the daily. Bull flag broke down for a DBR set up. 4hr set up for PM gapper. PT $5.96 then $6.99 for a break above $6.07 ~10-30%+ gainer Fib retracement levels 23.6% $11.19 / 38.2% $15.06 / 50.0% $18.19 / 61.8% $21.33 $ADMP - weekly chart showing extreme bullish confluence. bullish hammebull pin bar EMA6 bounce pattern/backtest old resistance as new support to maintain $1+ compliance. EMA200 $2.144 Daily chart fish hook pattern gap to 1.40 and 1.64 great chart set up for possible rockets. Backburners: ^WPRT ^PPBT ^MBII ^LAIX ^CLNE ^ELVT ^VRTV ^NAVB ^AAME ^VOR ^IMCR ^WHLR ^BOLT ^HTBX ^CLOV ^ABUS ^MRNA ^HGEN
Well not all, but about 20 coins. I'm just writing this to get it off my chest. Here's my story: After missing my buy at $20 in early 2013 due to my laziness of having to sign up for an exchange, I didn't let my chance slip up later that year: I bought at the peak of the boom in late 2013. I ended up averaging in at about $800 for 40+ BTC ($35k total). I had been successful in an online business, and as a young kid I decided to throw half of my net worth into this magic internet money. I didn't understand the concept of decentralization back then, but I liked the idea of an internet currency, it made sense and I loved taking risks so I went for it. Well shortly after that I discovered Dogecoin (or was it created then?) so naturally I dumped ALL my BTC into it thinking this meme coin would be an even better form of internet money. Over a year or two I watched my crypto dwindle down to sub $2k. At that point I was thinking alright might as well let it go to 0. I eventually switched it all back over to BTC when it went back up to 7-8k (IIRC), but at this point I lost a few BTC, I was down to 30-35 or so. A couple of other memories include spending 0.3 BTC on a porn subscription when BTC was worth $200 or so. I also sent 0.25 BTC to a website that said they would send 1 BTC back, needless to say I'm still patiently waiting for them to send it back. Lost a couple of coins at that casino that was up in 2014 as well, but I forgot the name of it. Anyway, 2017 rolls around, and I break even! I had moved on in my life at this point and having 35k was nice but not life changing, so I never thought about selling at that point... But then that year it just kept climbing and climbing. Once my portfolio hit 100k was when it hit me that something special was going on. I was incessantly checking the prices at work and did more and more research about decentralization and understanding what Bitcoin and cryptocurrencies really were. And that's when I discovered altcoins... Thinking I was ahead of the curve I threw all my BTC into alts right after the BTC Cash fork. Within the next month my ~40 BTC dropped down to 15 (but it stayed about even in $) while BTC was mooning. Dec 2017/Jan 2018 comes and it rockets up to 75 BTC! My portfolio was worth over a million dollars. Wow. I was right in my thinking and I was rewarded for it. Everyone was talking about crypto at that point and I started throwing a BTC into all sorts of alts and ICOs. Luckily I also reluctantly sold 15BTC to lock in some profits, but feared I'd miss the next rally hence the small amount. Turned out to be a good idea - that was the top. Scam after scam, the rest of my coins run down to 20 or so BTC. I was a millionaire on crypto-paper for about a month. Over the next couple of years I ended up holding pure ETH as it eventually dwindled down to sub 100k. Depression hits and I see what could've been, kicking myself for not cashing out. But I knew there would be another bullrun one day so I didn't sell. Fast forward to the COVID crash - I wake up one day to BTC at $3k and knew I had to trade it. My ETH was down to ~12BTC at the time, and being jobless and quarantined, I traded "full time" and ran it all the way up to 100+ BTC (on the way up from 3k-10k). I felt like a god, I called every move and I didn't lose. I was a millionaire again! But only for a moment... I then went on to lose ~75 BTC margin trading. I was taking on ridiculous trades. From July 19 thru September I built up a 1000BTC long position (lol) which got me stopped out when it dipped back down to ~9800. My stop was at 9900 and I lost a massive amount of money. Had I not been stopped out I would've made 10-30 mil. But that's not how it works and I probably would've given it back one way or another. So with my last 25 BTC I forced myself to sit on my hands in spot while I watched it go up and up and up. Anyway here I am now. I'm done riding the crypto rollercoaster. I have been fully exposed to crypto ever since learning about decentralization in 2017. And although I'm extremely bullish on crypto, I'm going to lock in some money so I have a stable lifestyle over the next decade+, as well as diversify my investments. It really does a number to you when your future is uncertain - life with 10k vs 100k vs 1mil vs 10mil net worth is very different, at least for me. I had let money control my mood and life goals over the past few years in both the ups and downs. But there is so much more to life than money and being glued to a screen. I sold about 20 coins for $35k average which will set me right for a very good amount of time. I'm out, I'm done stressing and having sleepless nights. I have major major FOMO that we'll ultra moon from here, but I can't take another cycle of this. A million dollars is a lot of money, and while 10m+ would be nice to have, this is life changing enough for me. Good luck to y'all out there whether you've been around a while or are new to crypto. Crypto has gifted me freedom and I've learned so much over the years. Please remember to take care of yourselves. Bitcoin prices aren't everything. The best thing money can buy you is an awakening to your potential, and for that I am thankful. The real work begins now. TLDR; 35k->2k->1mil->50k->1mil, potentially 10+m->1m->I'm OUT edit: can't believe the amount of negativity and naivety in the comments. if you can't be happy for someone else you really gotta question where that's coming from. jealousy? have fun staying poor you freaks.
Hey Guys, What's YOUR plan to make the most of this bull market in bitcoin? I'll outline a scenario and would like to hear your ideas on how to avoid this scenario.
BTC goes up to $X. As it turns out, when BTC reaches $X, that ends up being the high for the bull run. (I have no idea what the top will be so I'm using $X as a variable).
When BTC reaches $X, millions will say "my goodness its going up to $X++++" (in short, it's going up a lot more!!).
After BTC reaches $X which is the top, BTC will go down, and you'll hear "buy the dip! We're going back up!"
It goes down some more, you'll hear "we're just shaking out the weak hands for the bull run to continue!"
When it goes down even more you'll hear "HODL HODL HODL!"
Then it will go down to the low of the bear cycle and you won't hear anyone. Everyone would have sold near the lows of the bear cycle, exactly when they should be buying.
This is the EXACT scenario that played out a few years ago. We got to $20k and the Euphoria level was at 100%. All you heard was predictions of $50k while people rushed to mortgage their homes and max out credit cards to ride the wave to $50k. Ethereum pumped hard after the BTC top so that offered folks hope that BTC was going to go back up to $50k soon. Very few people who got in late made any money... FWIW, I got in at $13k, and ended up selling out at $11k for a "modest loss." I swore it would never happen again - ever. It won't. So, when we reach the top of this cycle, how will YOU know? What will you do to make sure you're able to cash your chips in and leave the casino while waiting for the next bear market low to buy again? Anecdote: I remember when CNBC went on to live television and offered a click by click tutorial on how to buy XRP when it was $3.25. I also remember my wife coming home telling me that all her co-workers were talking about buying BTC. I'll be looking for "social signals" like this as well as looking at the charts, while also taking profits on the way up. Enough about me... what's YOUR plan? 🧐🧐
"I can only take so much loss before I sell it all. Crypto is shit right now. Manipulation pure and simple. Every little spike ends with a worse dip. It's gets nauseating. .... Still, I bought more all week, and more this morning. It seems like all I do is buy."
I can only take so much loss before I sell it all. Change my mind. This is getting ridiculous. Crypto is shit right now. Manipulation pure and simple. I'm still in the money but it won't be long before positions dip below my threshold. Every little spike ends with a worse dip. It's gets nauseating. I can handle swings but come on. And if people think the institutional money means it's safe, I disagree. I think they would all dump profits, if they haven't to some degree already, to please shareholders. Silently, 1k per second they'd get out, just like they got in, like Saylor buying in 1k a second on a Friday night.
And in one of OP's replies:
Still, I bought more all week, and more this morning. It seems like all I do is buy. I will most likely continue to do so until I just have to get out.
And in another reply by OP:
Dropped enough for a couple cars this morning alone into bitcoin and a few ETH as well because I believe in it, so that's not what I mean. But then the doubt...the what if sets in. Just saying. I can't be alone.
Corrections at bottom I'm a retarded GenXer who YOLO'd junior silver miner OTM call options in 2011 and lost a truckload of cash. But I kept my phyzz until a freak boating accident sunk it all. Oh well, this isn't financial advice, I'm a proven idiot, and nobody should listen to me. I've learned a lot about the silver markets charlatans since then. Mike Maloney is a forever pumper. Peter Schiff is a suit and shill. Doug Casey lives on a ranch in Argentina but has his head far up his ass. Since you retards love to lose it all, go listen to those guys. But there are some very serious voices in the precious metals market that have proven the fraud and manipulation and even come up with ways around it: Ted Butler (commodity analysis), Eric Sprott (creator of $PSLV), James Dines (legendary newsletter writer), and James Turk (creator of goldmoney.com). Silver is the biggest opportunity for profit that the general public could broadly participate in. If the price of silver goes up, the miners will see amplified gains. Juniors would explode into the alpha centuri (13,000% gains or more, easily). The reason we know this is because it's been tried before by people smarter than any of us (Hunt Brothers 1980, Buffet's 1997-2006 silver purchase, and 2010 mini-squeeze-beatdown). Even that lucky commie bastard Max Keiser tried to rally enough retards together to squeeze silver and "crash JPMorgan" before he got rich off bitcoin. {If you can't read, there is a video breakdown: search "youtube Is a WallStreetBets Silver Squeeze Possible" for a pretty good historical overview} The forces at play in the precious metals market are global, historical, and backed by the biggest banks, not some meaningless hedgefund. It's the real deal. American's money used to be backed in bi-metallic standard, all coinage had some precious metals (pre 1964 dimes, silver dollars/half dollars and paper currency all convertible to silver or gold). All real silverbugs ultimate goal is to return to a bi-metalic backed US currency. It's a big part of the precious metals folklore, and the fact that the last straw that sealed President Kennedy's fate was signing Executive Order 11110 which would have returned the US to a silver standard. This would have restored faith in our financial system, eliminate the scourge of inflation, balanced the value of labor versus financial assets, and allow regular workers to save instead of being forced to participate in a ridiculous casino just to have a retirement. Attention CNBC media whores reading this: who is the villain of this story? Blythe Masters. Check her out, she's actually pretty hot. {search: "Blythe Masters wants to upend finance again twitter bloomberg"} And she is a goddamn evil mastermind that created the Credit Default Swap (CDS). Yes, she created the financial weapon of mass destruction that sunk the global economy in 2008, she is first author on the paper. Then she went on to lead the JP Morgan precious metals trading desk to unwind Bear Sterns silver short book by containing any rally (that's how I lost all my money). Now she is working on blockchain technology that can be used by the banking cartels as a weapon to further enslave the entire world. And, yes, you degenerates, she has a sexy British accent and a killer set of legs. {search "egonzehnder blythe masters shares career advice daughters 2019"} Steven Cohen is a fucking worm to Blythe Masters. Any financial instrument like SLV would be manipulated easily by her and the ilk that inherited her positions at JPMorgan and other bullion banks. There is only 1 way to perform a real silver squeeze: physical ownership (not paper ownership like SLV, there is a big difference). The commodity futures markets is called the COMEX. The COMEX has about a 250 contracts trade for every 1 ounce of actual silver available for delivery. That means if a handful of commodity traders stand for delivery and the physical delivery can't be made it will crash the COMEX. Sure, they might be forced to settle for cash like the Hunt brothers, but it will crash the COMEX and the price will soar nonetheless. It's a real thing, people have done it, there is no stopping that it will happen again. And what happens historically is a giant leap for junior miners: Copper Lake in 1980 jumped 13,000%. The average silver junior miner lept over 2,300%). It was soo easy to make money, even an ape could do it. So, how do we avoid the manipulation?
$SLV is a scam! SLV's custodian is JP Morgan, the vampire squid sucking on the face of humanity! Don't fall for it. They can never be trusted. Most silverbugs don't even believe they have any silver or gold in their ETFs of any significant amounts, otherwise there would be outside audits which don't happen. Anybody suggesting to use SLV is a pumper, paid shill, or doesn't know the history. And yes, now that JPMorgan has paid almost a Billion dollar fine for manipulating the silver market, they are long silver or at least are holding it as custodian for other players. So if silver goes up will JPMorgan win...yeah maybe. But that's not the point, you'd win, I'd win, the people of the world win.
2. $PSLV is not an appropriate vehicle. PSLV is a closed end fund. Eric Sprott is not going to buy any more silver and issue any more shares. Premium to NAV went over 20% and he didn't do it. PSLV serves a purpose (tax savings), but they don't acquire on commodity exchanges unless a big player takes delivery. If you actually have enough money to take delivery 10,000 oz - then PSLV works. So what to really do: Buy PSLV or physical For the paranoid, you can create an account on goldmoney.com, put money into silver and it is owned by you, stored in Switzerland and registered in the Island of Jersey (for the most part outside of financial oligarchy control). You have to fill out a form on your taxes each year but buying/selling stonks have the same requirement, just a different form. Again, NOT financial advice - I'm a proven town idiot and hold no credentials no should you listen to me. Goldmoney.com was created by James Turk, exactly for this purpose. So people can own phyzz without having to hide a 1000lb safe in your wife's boyfriend's basement or sink your phyzz into a pond. And also he set it up outside of the US so if the US government seized physical (like 1934!), his customers would have some chance at taking physical delivery in Switzerland. I wholeheartedly believed that the crash of 2008 would lead to this eventual outcome if silver went really high and it almost did at $50, at $100 the champagne corks stop poppin. So then what went happened in 2011? Blythe Masters happened. JP Morgan and the other bullion banks beat down the precious metals market in a coordinated attack of naked short selling. Punishing beat downs, if you're into that kinda thing! The silver spike of 2010/11 happened because some silverbugs bought physical metals and there were shortages at the retail level, just like what has started today. In all honesty, there were probably 10,000 Silverbugs in existence at that time all acting as lone actors on a handful of forums. This time could be much different, if a lot of apes bought silver and the intermediaries held for delivery on the COMEX this could break the back of the silver cartel and Lord Rothschild would roll over in his grave. And silver junior miners would skyrocket! I love silver, what will I buy? 90-100% into some other form of physical ownership (coins/or goldmoney.com). $PSLV is also an acceptable vehicle but doesn't squeeze LBMA/COMEX supplies {search: "sprott physical silver trust December 2020 fact sheet"}. And 0-10% into long-dated calls or shares of junior minors. Some pumper was saying $AG (First Majestic). Sure maybe, or just use $SILJ a basket of silver juniors that would all explode and give you less single company risk to enjoy the rally. Get your popcorn. And those boomers, will they help buy silver? Don't count on it, but that's a different type of rant. TL;DR Buy either physical silver, $PSLV, orgoldmoney.comand also a little bit of silver miners to amplify gainz. Blythe Masters is a demon. Break the COMEX. Restore our heritage of sound money. Corrections: PSLV has registered to issue $1.5billion more shares. That’s a lot of shiny silver. See the link in the comments below. It’s looks like PSLV will be retails best bet to apply pressure on the physical market. And if bullion dealers become stocked out, and PSLV stands for delivery, this strategy would work.
Staking for Bitcoin or Mining for Bitcoin. Can I run both concurrently and still stay in Green?
I've always wanted to build my own home-made rig right from the first time i discovered that anyone could mine Bitcoin. For now, I've been staking $BET tokens for monthly dividends in Bitcoin on Earnbet and its been very rewarding, especially with steady increasing volumes of wagers on the casino recently. However, I think it's time to build my own "rig", i guess, but I'm concerned about ensuring it does not become a losing venture as I may end up spending my staking dividends on a rig that isn't profitable. What could I easily start off with to stay in the green with some handsome profits every month? I'm looking at a $!,000 spend for starts. PS: This is my first approach to this although I've always wanted to do this with some affordable GPUs in the market.
jackson palmer gets drunk one night, decides to make a parody of bitcoin, litecoin is easy to clone so he goes with that, removes the coin cap so it will have as little value as possible, because LULZ, gets more drunk, talks billy into helping him, they release it, everyone laughs at it except us weirdos who find the joke funny, so we start mining for the memes, throwing dogecoin at each other like were monkeys throwing feces, we make dogecoin casinos, chat bots, tip bots, everything we can to make throwing valueless coins at each other, just for the luls. this starts to attract attention from the serious investors and people looking to actually turn a profit (hmmmm could history be repeating itself?), the soaks start to vanish because everyone starts thinking our toy isnt really a toy anymore but is a financial tool, the casinos start to disappear, the games stop getting developed, shops slowly start to disappear, no more josh wise sponsorships, no more jamacian bobsled team sponsorships, no more "just for the lulz" moments, now everyone wants to get rich, so the community stops being fun and starts getting serious. to the OG's: we have seen this happen before, they will eventually go away. they always do. we will settle back down to normal eventually. to the new people: hopefully today taught a few people some important lessons in being a little more responsible with their money. it sucks you lost out, but it is a lesson you needed to learn. find some dogecoin funded games or something and use dogecoin the way it was intended to be used: for dumb fun where nobody loses anything of value.
China Stocks: "Cash is king during Chinese New Year, with gift-giving in the form of ‘red packets’ a major driver. Given that companies and stock markets are closed over the festivals, swathes of profit-taking take place to take vast sums of cash out of the system – causing fluctuations in stocks." $TANH – found resistance at $2.01, but the bullish trend of the RSI and MACD could have break resistance to my PT $2.72 $CAAS - Double bottom measured move to $8.36. $WEI - being backed by several social media influencers with PTs ranging $3-5+ Sympathy/Related: #QTT # CTK #WIMI #TIGR #AIHS #CMCM #UXIN #LAIX #TAL #DQ #LU #SEED #SXTC #BEST #TC #GSX #CCNC #PETZ #TKAT #PLAG #NCTY #MOXC #TANH #EVK #JRJC #AIH #HGSH #CCM #PLIN #BABA #TAOP #TEDU #LXEH #KXIN #OCG #YGMZ #ATIF #JFIN #CLEU #BHAT BTC/BLOCKCHAIN: Bitcoin hit 40K this weekend and Doge $0.07 $MARA $RIOT $BRQS – with bitcoin hitting 40K these are something to keep watch on Monday Sympathy/Related: #SOS #RIOT #MOGO #NXTD #IDEX #MGI #IZEA #EQOS #IPDN #EBON #DPW #MARA #PHUN MARIJUANA: $SNDL - Pullback to $0.85ish, buy the pullback for an inverse head and shoulders with a price target of $2.61 $HUGE - Daily trend about to turn bullish with massive volume spike. $CRBP – Huge gap to filled back up on the daily chart. PT $3.33 $KERN – Swing alert (weeks) growing nicely on the daily chart, but I wait for a pullback before making an entry. Long term PT $18.58 Sympathy/Related: #ACB, #TLRY #OGI #CGC #HEXO #CRON #APHA $ICG Energy Sector: $OPTT - Weekly trend about to change from bearish to bullish with significant volume increases week by week. PT: $8 short term, $18-20 longer term. $SPI - weekly chart bullish harami. Bullish pennant price action pattern. EMA200 $19.55 MACD crossed bullish. Daily chart hammebull pin bar impulse pullback Sympathy/Related:: #WWR #CBAT #PECK #PLUG #CLSK #FCEL #SUNW #AMTX #PEIX #TRCH $#ENG #SPI #WATT #ALAC #TRCH #OPTT #OEG BLM STOCKS: BLACK HISTORY MONTH Sympathy/Related #LMFA #IMTE #SALM #UONEK #CARV #BYFC $UNONE Biotechs: $OCGN – Swing alert (Weeks) huge volume coming in after the split. Base on my daily fibo chart $10.73. Sympathy/Related:: #ANVS #VXRT #AEZS #MBRX #SLS #CRMD #PRTA #VTVT #ALVR #PLRX #ARTL #GMDA #GRCL #TLSA #ATOS #IMNM #NKTX #AZRX #OCGN #SAVA #ADMS #SBBP #CNSP #AKER #SAVA #TTOO #AGEN TECHNICALS: $CNSL $RVPH – Both have double bottom with a hammer candle on Friday. $VISL – Huge volume on Friday. Continuation play PT $5 $BDR - this low float stock is weekly play. Typically spikes over $2 at least once a week and usually on Monday or Tuesday. 10-50%. $NAKD - Trend change and golden cross on the daily. Look for pullback to $.80 or so, then a push back to $2+ $CTRM - Over 25 million shares shorted on 1/15 that need to cover by tomorrow. Could be more powerful than the GME squeeze. Massive volume spike the past few weeks. First target $1, next target $2.69. $LMNL looks like it's time has come to start really retracing back to the teens. Bullish harami on weekly. 3 white soldier on the daily. Bull flag broke down for a DBR set up. 4hr set up for PM gapper. PT $5.96 then $6.99 for a break above $6.07 ~10-30%+ gainer Fib retracement levels 23.6% $11.19 / 38.2% $15.06 / 50.0% $18.19 / 61.8% $21.33 $ADMP - weekly chart showing extreme bullish confluence. bullish hammebull pin bar EMA6 bounce pattern/backtest old resistance as new support to maintain $1+ compliance. EMA200 $2.144 Daily chart fish hook pattern gap to 1.40 and 1.64 great chart set up for possible rockets. Backburners: ^WPRT ^PPBT ^MBII ^LAIX ^CLNE ^ELVT ^VRTV ^NAVB ^AAME ^VOR ^IMCR ^WHLR ^BOLT ^HTBX ^CLOV ^ABUS ^MRNA ^HGEN
China Stocks: "Cash is king during Chinese New Year, with gift-giving in the form of ‘red packets’ a major driver. Given that companies and stock markets are closed over the festivals, swathes of profit-taking take place to take vast sums of cash out of the system – causing fluctuations in stocks." $TANH – found resistance at $2.01, but the bullish trend of the RSI and MACD could have break resistance to my PT $2.72 $CAAS - Double bottom measured move to $8.36. $WEI - being backed by several social media influencers with PTs ranging $3-5+ Sympathy/Related: #QTT # CTK #WIMI #TIGR #AIHS #CMCM #UXIN #LAIX #TAL #DQ #LU #SEED #SXTC #BEST #TC #GSX #CCNC #PETZ #TKAT #PLAG #NCTY #MOXC #TANH #EVK #JRJC #AIH #HGSH #CCM #PLIN #BABA #TAOP #TEDU #LXEH #KXIN #OCG #YGMZ #ATIF #JFIN #CLEU #BHAT BTC/BLOCKCHAIN: Bitcoin hit 40K this weekend and Doge $0.07 $MARA $RIOT $BRQS – with bitcoin hitting 40K these are something to keep watch on Monday Sympathy/Related: #SOS #RIOT #MOGO #NXTD #IDEX #MGI #IZEA #EQOS #IPDN #EBON #DPW #MARA #PHUN MARIJUANA: $SNDL - Pullback to $0.85ish, buy the pullback for an inverse head and shoulders with a price target of $2.61 $HUGE - Daily trend about to turn bullish with massive volume spike. $CRBP – Huge gap to filled back up on the daily chart. PT $3.33 $KERN – Swing alert (weeks) growing nicely on the daily chart, but I wait for a pullback before making an entry. Long term PT $18.58 Sympathy/Related: #ACB, #TLRY #OGI #CGC #HEXO #CRON #APHA $ICG Energy Sector: $OPTT - Weekly trend about to change from bearish to bullish with significant volume increases week by week. PT: $8 short term, $18-20 longer term. $SPI - weekly chart bullish harami. Bullish pennant price action pattern. EMA200 $19.55 MACD crossed bullish. Daily chart hammebull pin bar impulse pullback Sympathy/Related:: #WWR #CBAT #PECK #PLUG #CLSK #FCEL #SUNW #AMTX #PEIX #TRCH $#ENG #SPI #WATT #ALAC #TRCH #OPTT #OEG BLM STOCKS: BLACK HISTORY MONTH Sympathy/Related #LMFA #IMTE #SALM #UONEK #CARV #BYFC $UNONE Biotechs: $OCGN – Swing alert (Weeks) huge volume coming in after the split. Base on my daily fibo chart $10.73. Sympathy/Related:: #ANVS #VXRT #AEZS #MBRX #SLS #CRMD #PRTA #VTVT #ALVR #PLRX #ARTL #GMDA #GRCL #TLSA #ATOS #IMNM #NKTX #AZRX #OCGN #SAVA #ADMS #SBBP #CNSP #AKER #SAVA #TTOO #AGEN TECHNICALS: $CNSL $RVPH – Both have double bottom with a hammer candle on Friday. $VISL – Huge volume on Friday. Continuation play PT $5 $TRVN - bullish engulfing on weekly. MACD curling up. buy signal printed on daily. Bull pin bar closing candle continuation of uptrend is probable. BTFD!! $BDR - his low float stock is weekly play. Typically spikes over $2 at least once a week and usually on Monday or Tuesday. 10-50%. potential shelf offering for 2.8 common shares on behalf of security holders $NAKD - Trend change and golden cross on the daily. Look for pullback to $.80 or so, then a push back to $2+ $CTRM - Over 25 million shares shorted on 1/15 that need to cover by tomorrow. Could be more powerful than the GME squeeze. Massive volume spike the past few weeks. First target $1, next target $2.69. $LMNL looks like it's time has come to start really retracing back to the teens. Bullish harami on weekly. 3 white soldier on the daily. Bull flag broke down for a DBR set up. 4hr set up for PM gapper. PT $5.96 then $6.99 for a break above $6.07 ~10-30%+ gainer Fib retracement levels 23.6% $11.19 / 38.2% $15.06 / 50.0% $18.19 / 61.8% $21.33 $ADMP - weekly chart showing extreme bullish confluence. bullish hammebull pin bar EMA6 bounce pattern/backtest old resistance as new support to maintain $1+ compliance. EMA200 $2.144bDaily chart fish hook pattern gap to 1.40 and 1.64 great chart set up for possible rockets. Backburners: ^WPRT ^PPBT ^MBII ^LAIX ^CLNE ^ELVT ^VRTV ^NAVB ^AAME ^VOR ^IMCR ^WHLR ^BOLT ^HTBX ^CLOV ^ABUS ^MRNA ^HGEN
Silver slam down on Feb 2, 2021 in after hours market
I am just a retard .... With unprecedented demand on the retail side and also unprecendented inflows into ETF ... the price of silver gets slammed down on Feb 2, 2021 between 2am-4am in aftepre hours trading on comex futures market. The SLV etf had to buy or lease over 120M oz over a three day period! There are multiple silver ETF's and the custodian for most/all is JPM. This after hours manipulation is right in your face .... and followed up by a marketwatch headline "Miners decline as JP Morgan downgrades sector and silver prices slide from eight year high" posted at 4:59 am Feb 2, 2021. This is all documented by Chris Marcus at Arcadia Economics: https://www.youtube.com/watch?v=qKZD6cQUGpg&t=121s Also documented by Ted Butler at silevrseek : https://silverseek.com/article/cats-out-bag The CFTC ran an investigation into silver manipulation and initially told us that they could find no violations. This is after 10 years of Ted Butler and others pointing out specific days and actions in aftepre hour trading that made no sense. The the CFTC runs another investigation and this time they do find manipulation ... by who ... JPM: https://www.cftc.gov/PressRoom/PressReleases/8260-20 A free market is one where there is supply and demand. As the demand goes up the price goes up and when the demand drops the price goes down. This is NOT what we have in the physical silver market ... because regardless of the supply/demand the market are manipulated by future's contract traders. Feb 2, 2021 is proof beyond any reasonable doubt that the market is and continues to be manipulated. I suspect the manipulation is by the big 8 commercial banks on the COT and also includes some hedge funds. The little investor always gets the short end of the stick ... The CFTC the SEC and the Department of Justice should engage the FBI to investigate this market manipulation. Here is the press release from the SEC as per the JPM criminal violation: https://www.sec.gov/news/press-release/2020-233 I want to add some value to this thread beyond the great work by Ted Butler and Chris Marcus. Lets examine that 920M fine being paid by JPM for market manipulations of tens of thousands of times between 2008 and 2016. How much do you think JPM makes in derivatives trading of commodities in a single year? Lets go and find out ... : https://occ.treas.gov/publications-and-resources/publications/quarterly-report-on-bank-trading-and-derivatives-activities/files/pub-derivatives-quarterly-qtr3-2020.pdf Look at page 29 graph 9a and 9b (3 quarters 2020 of revenues in commodity and others derivatives) trading revenue of all commercial and saving and loan banks is 6.062B (1.664B, 2.486B, 1.912B) trading revenue os all holding companies is 2.777B (646, 905, 1226) Total revenue 6.062 + 2.777 = 8.839B for first 3 quarters 2020. Now look at page 35 graph 15 for the amount of derivatives contracts in commodities: JPM : 39B , HSBC : 12B, Citibank : 10B, BOA : 3B, Wells Fargo : 2B Now look at page 43 table 7: Trading revenue from commodities and other positions top 4 commercial banks for Q3 2020 JPM : 734M, GS : 0, Citi : 316M, BOA : 6M So top 4 commercial banks made 1.056B in Q3 alone from derivatives based on commodities and others. I am guessing that the majority of those profits are from the gold and silver commodities. The fine of 920M basically is a slap on the wrist! Given these guys make 734M in Q3 alone ... what will they make over an entire year? Since I am a retard .. lets go back and find the data for Q1 and Q2 and then lets interpolate Q4 and see if this 920M is really that much of fine. In Q2 JPM made 632M from trading derivatives in commodities and others. (table 7 pg49 q2 report) In Q1 JPM made 389M from trading derivatives in commodities and others.(table 7 pg49 q1 report) So that totals 389 + 632 + 734 = 1.755B revenue over first 3 quarters of 2020. Lets assume they make another 500M in Q4 ... this is just a guess ... but that would then total 2.255B for the year. The 920M fine is simply so small it is laughable ... these guys are making over 2B per year and have been doing this manipulation for years. Retards wake up ... SEC, CFTC, Department of Justice, FBI , are NOT doing enough to protect our markets. The criminals never go to jail ... instead they plea bargain and pay fines that are so small it NEVER stops them from going back and doing the same behavior. Sure they throw a few traders under the bus but those at the top never pay a price. Jamie Dimon is the head of JPM. This behavior is NOT a free market .. it is corruption and it is criminal behavior by the biggest market players. I am sick and tired of no rule of law in the market. It is time for all of us retards to stop playing the rigged game. Time for us to move into markets that are not manipulated by big commercial banks via futures market. What is that ... Crypto! I will continue to keep a small silver investment in an etf like sprott. I will no longer play in the rigged game of call options on slv, gld, and or any of the miners. I will move my money out of all the miners gradually and I will build positions in ethereum and bitcoin. The unintended consequence of allowing corruption in the market is that all of us move our money somewhere else ... and out of the rigged casino. I would rather take my risks in the crypto markets then have my money stolen by the big banks with their enormous short positions in gold, silver and also in some of the miners like first majestic. Time for us all to wake up. The puts on Silver future exchange slammed physical silver price down and it took all my profits on Tuesday Feb 2, 2021 ... and now I am losing money ... It will not happen again ... JPM, BOA, CITI, GS, HSBC, BOA, WFC, MS, Barclays, Deutsche Bank you have all screwed up the free market ... and now we are all leaving the game. I regrettable will probably see all these same criminals over in the crypto space over the next few years. My only hope is that fintech will destroy these criminal operations. This retard has had his fill ... I can no longer wait for CFTC, SEC, Department of Justice, and the FBI to bring down criminal trading desks.
Hello all, I am here with my plan for my subreddit Reddit Nation If you are interested in joining a (hopefully) newly formed island nation then this is the place to be. I have prepared a plan that explains how we will go about doing such a task. More detailed elaborations for each component of the plan will be given at request. Obviously the first question is where we would have our island. I have identified places of interest. One place of interest is the Nation of Belize. Belize is a small nation with a low GDP of 2 Billion and they are selling off most of their island. Islands with 50-100 acres can be acquired for around 500,000; give or take 50,000. From the people (Government Officials) I have contacted, they are perfectly okay with this plan. Now here is a 5 step proposal of how this will come to fruition (I will expand on how we will finance this)
Acquire the island
Set up the initial infrastructure
Form of Government that I propose is a constitutional monarchy
Country will be run as a democracy (two chamber form of parliament)
Noble titles such as Duke, Earl, Count, Lord, Baron etc will be sold off to help initially finance the island.
Establishment of the Government Building
For now this is where the government will convene until more infrastructure is added and the island is improved.
People will be made citizens at this location
Establishment of Civil Services
Waste collection, Police, Social Services
Establishment of a Port
This will allow supplies to enter the island.
This will allow for the island to participate with the rest of the world economically(I will expand on this later).
The port will function as the entrance point and exit until the runway can be constructed.
Establishment of Resident Housing
This temporary housing will be until the island can be developed and more permanent buildings can be put up.
Resident Housing and the Government building will be set up near the port until island development is completed
Set up a massive solar powered crypto mining operation to help finance further development of the island
A partnership with big mining companies can be brokered to have this set up
Make the Island a desirable location
Set up the island as a luxury city
Free housing for citizens
Free healthcare for citizens
Free schooling and university for citizens
Build resorts and legalize gambling on the island
The revenue generated from such activities will help finance further development of the island
With the revenue generated from this, the island will be able to provide for the residents a luxury city
The gambling industry investments will help to finance the island as well
Make the island a banking haven
Set up a bank on the island
No KYC laws will be enforced on the island
This will attract forgien investment into the island
Allow cryptocurrency companies to conduct business without oversight and for miners to set up large scale operations using solar powered energy
No income tax,sales tax, capital gains tax or corporate on the island
Commercial businesses such as casinos, resorts, and banks will just pay slightly inflated property taxes
This will help attract a lot more forgien investment as well
Will attract companies to set up offices here and thus bring jobs to the island.
Expand on the island infrastructure
Build an airport. The islands have enough space to accommodate runways for planes even up to jumbo jets
Build more free luxury housing for residents
Establish schools and universities
Establish libraries
Establish Museums
Establish a healthcare system
Enjoy the luxury haven of an Island that we have built
Now for the question of how much this island will cost and how we will get the funding According to my calculations (you can look at them below) it will cost us $2,600,000
The Island itself
500,000
The Port
200,000 to build
This will benefit us later when we receive forgien investments
500,000 for 250 passenger ferry
We will budget around 100,000 for operating costs
Initial Buildings
1,000,000
These buildings will be permanently built but occupied until the island is built and then will be sold off to recoup the investment.
Buildings include
Civil Services
Around 50,000 to purchase initial equipment and medical supplies
Another 100,000 to purchase ATVs
Another 100,000 to purchase off roading vehicles
Bitcoin mining operation
We will get the money for the operation by partnering with a large company
Water Purification
50,000
Food Supply
We will purchase MRE’s and other preserved food products for the island
An exact count of this cannot be made until we move further into the plan
Further development of the island
This will be financed by the forgien investments in regards to banking, gambling and tourism along with money raised from property taxes
Now in regards to how we will raise that sum
We will sell off noble titles (this is why we will set up a constitutional monarchy)
While no price has been established yet, the titles for sale can include
Duke, Duchess.
Marquess, Marchioness.
Earl, Countess.
Viscount, Viscountess.
Baron, Baroness.
A small percentage of the island (less than 25%) will be earmarked for sale immediately. The part earmarked for sale will be part of the planned downtown district/capital and developers of this land will be allowed to build whatever structures they want and won't have the problem of jumping through hoops like zoning laws.
On a 60 acre island, 15 acres would be marked for sale
The acres on this haven of an island will be sold for 250,000 each so the island would raise 4.5 million and the sale of said acres will help kickstart the massive infrastructure of the island and provide the island with adequate funding.
Once the island is set up, the island will continue to profit from digital activities which will allow it to not have to charge an income tax or corporate tax
Digital activities include the solar powered bitcoin mining operation
We will partner with an existing bitcoin company for this
Solar powered web hosting
People can become citizens for a fee of $10 which will mainly go to the printing of their ID and filing in the government archives but the island will profit a few dollars off of this
If you have made it this far, please join the subreddit for this plan More information to come soon, thank you.
Yes! I said It! Nothing beats staking an underrated asset for dividends in BTC & ETH.
PS: Do Your Own Research. This is not financial advice. Sometime in October 2020, I stumbled on a low-cap token from a project with a staking plan that pays me dividends in Bitcoin & Ethereum. Although I had already been using the services of that dapp before then, I never really bothered to try their staking plans out. After doing my research, I decided to take the plunge and ever since, I'm double sure I would make that move again if asked to do so. BET token is the native token for EarnBet, and what it calls the BET Gaming Network. At the moment, this includes the EarnBet and EOSBet platforms. BET Token holders can stake their BET to receive profit from the Casino’s BTC and ETH bets. In addition to rewarding holders with a share of their profits, the BET token also benefits from a buyback and burn with all profits from all wagered altcoins volume. In other words, I earn dividends in Bitcoin and Ethereum monthly while watching inflationary measures bump up the value of my $BET hold. It must interest you to note that $BET has done over 400% gains in price from October 2020 till date rising from $0.01+ to punching around $0.08 to $0.13. They have also paid over $10M in dividends so far right from their inception in 2018. The beauty remains that you watch your bag pump while enjoying monthly dividends in the top two cryptos. Here are even sweeter figures.
Total Supply: 88,000,000
Staked: 61,452,921
Burned: 1,499,898
Unstaked: 13,231,813
Uncirculating: 11,815,368
The relatively low supply of unstaked tokens (that is, tokens that can potentially be sold on exchanges) should interest you further. Numerous Staking plans exist with the lowest at 1 day and the longest at 5 Years with but if you're a hodler, I wouldn't see the need to touch anything below 5 years though.
Hi, over the course of 4 weeks I’ve made a total of 1800$ and lost it in the span of 2 weeks. I started with a 10$ deposit on a gambling site and I played multiple games until I eventually made my way to 200$ on live casino games then down to 60$, where I tried slots and made a total of $1200. I ended the night off with 960$ from 10$ and was fucking stoked and feeling the best I ever could. I withdrew it and over the course of 2 weeks it never came in my crypto wallet and I can’t really file for support because they would ask for my KYC and then I’d prolly not even get the funds and my dad would kill me if he found out I was gambling (especially since now i lost everything). Following this I opened 650$ worth of csgo site gambling, csgo cases, and more gambling in general using my real money (I’ve been saving for months and my birthday just passed). I built up a 1200$ cs inventory and this past week I couldn’t hold onto it and deposited it back into these sites and have gambled it all away because I couldn’t really cash it out into real money and the rates I was getting the crypto equivalent was worse than me 650$ initial deposit so my brain told me to gamble it till I was in profit and little by little my whole inventory disappeared and I now have nothing. This has taken a toll on me mentally and physically. I use to workout everyday and keep up with my social and now I haven’t in a week and respond to everyone every 10 hours. My schoolwork is up to par but I’ve always been a consistent student and I don’t want to slack. I didn’t think I’d be addicted to gambling as I’ve done multiple other things just as bad that haven’t affected me like this but it was probably due to the fact I made it to such an insane number from 10$ I thought I could do anything. Now here I am sharing my story and hopefully never going to gamble again (yes I’ve already started a plan to stop) and I am kind of thankful it’s happening to me now and not when I’m a working adult who could potentially be a crippling gambling addict (although 650$ is a lot of money but if it’s saved me from a future of debt I’m thankful). Now initially I was gambling for the thrill because my profits way exceeded my deposit but these past few days I’ve chased my losses and tried to actually make money (which was never the intent I always knew it was a losing game) because I was delusional to think that I could make it all back easily. So here I am 1800$ profit down the hole and 650$ of my own money down the hole. I’ve been gambling little amounts since quarantine because I was bored out of my mind but they would be at intervals of like 10$ every other week or so (which is still bad but not even close to as bad as this month). I’m also physically and mentally drained and I haven’t felt worse in a long time. The craziest thing is that no one knows besides who I told that I’m even like this right now and I seem completely normal. I dont have any cravings to gamble right now and hopefully I won’t in the near future as I have accepted my losses and started to do online work to get it back (without gambling). It’s also a test of willpower to see if I relapse or not which I hope I don’t Now your probably asking me why I wouldn’t just cash out my 1200$ inventory and I can’t even give you a proper answer to that one. It’s mainly because I saw that I’d be selling it at 60-65% lf it’s marker value which breaks even with what I spent and then you have to add in the commission from the website and the fact that crypto is really high rn so the amount I’d be getting isn’t as much as it could’ve been (although I could just hold it it’s bound to go up long term ETH and BTC specifically). So I thought that if I could deposit all my skins on the gambling sites (they take it at like 70% of the market value) and then proceed to gamble it all the way up till 1200$ I could cash it out without losing that humongous chunk of profit because I’m very greedy and pessimistic when it comes to settling down for a reasonable price. Then it went downhill and I lost everything. My luck in every game was horrible I was literally losing every game I played (which doesn’t surprise me it’s like these websites know when your desperate and when your not). Moral of the story is don’t gamble and if you do use an amount your comfortable with losing. If you do and you lose don’t go back in and if you do and you win cash out and don’t go back in because once you win you get this feeling that you could profit if you just put in a lil more and this is when you’re sucked in. There are better ways to make money (I invested in Bitcoin when I was younger and my profits r insane but I will never touch my btc wallet for money because it’s a long term investment). Don’t chase your losses either if you lose accept that you’ve lost and you won’t be digging yourself deeper in a hole you can’t get out of. I actually hope that you lose the first time you gamble because you’ll probably stay away from it which is way valuable than any sort of winnings you would’ve had. I should say though that not all of it is your fault (most of it is tho). Online gambling is as enticing as ever especially during a pandemic, and although most of these sites always say “don’t go on unless your 18+” they know that a lot of underage people use their website. These big sites like csgo case opening sites are filled with shiny bright coloured cases with a price tag on them (I’m not saying that they encourage youth gambling but I am saying the layout of the website is appealing to children). Youth are attracted to these shiny colourful cases and they as a result are more likely to deposit these shiny looking cases (this sounds like a stretch but this is my opinion so feel free to disagree). It’s also the fact that it’s SO EASY to deposit onto these sites and withdraw. Since most teenagers have a debit card (or even buying prepaid cards works on most of them), it takes a quick 3 minutes to put on a few hundred dollars if you really wanted to. The withdrawals aren’t usually restricted either unless it’s big amounts in the thousands (which most kids don’t have in the first place) meaning it looks like an easy way to make money and cash out. Most of these sites won’t push for age verification because it’s easy money when teenagers deposit money. And before they even go on these websites, games like csgo and dota 2 have BUILT IN GAMBLING SYSTEMS. These case and cosmetic openings in the game usually cost a small sum of money but are usually the start of thjs gambling interest especially when they get something good from the case and want to put more down. I’d call myself a lucky person considering I’ve unboxed 2 knives, and a red and multiple pinks in a kind of small amount of cases compared to the average person and this just drove me to try my luck on all these gambling sites since I had good luck in the game. These websites and games aren’t “anti- teenage gambling”. If you read all this and are looking for a reason not to gamble, I hope this helped you and if u read thru all this thanks for listening to my story TL:DR I’m a 16 year old who made 1800 gambling, then used all my savings after losing some, and am at 0$ currently and physically and mentally drained
Dear Congressman, I'm sending you a note to express concern about the explosion of interest in cryptocurrency. I've been aware of Bitcoin since 2011, and was excited about its possibilities for a while, but have recently realized that Bitcoin poses a danger to both our economic and political stability. Aside from the more obvious opportunities for tax evasion, money laundering, etc, it poses a systemic risk when hedge funds and other institutions begin piling in, which may already be happening. I have seen people on social media bragging about committing bank fraud in order to make plays into the market. This won't end well. Further, because of the way the political ideologies align, it's an opportunity for conspiracy theorists to literally "buy-in" to certain lines of rhetoric. The environmental cost is also worth noting, as of today, about $30 Million worth of electricity is burnt into the atmosphere, per day, using the wasteful Proof of Work security protocol. This number scales linearly with the price of Bitcoin - by the end of the year this could easily be $100 Million of wasted electricity per day being burnt to support a giant decentralized casino. Aside from this, as far as we know, hostile nations or terrorist nation-states may be heavily invested and may stand to profit enormously from another order of magnitude of price increases. To be fair, Bitcoin and other cryptocurrencies certainly have prosocial use cases and I don't want to see innovation ham-fistedly stifled. But the prosocial use cases become perverted when the system becomes controlled by greedy and manipulative actors. This being said, I'm hoping that tax policies can be used to stave off a frenzy of greed that could leave our nation vulnerable. The goal would be to simply take away the asymmetric winnings incentive that would cause a frenzied rush. For example, high taxes on corporations that hold Bitcoin purely for speculation, including unrealized capital gains. Also, high capital gains taxes on individuals who are making excessive gains (say over ($100K / year)). Mark-to-market is a huge first step. It's an entirely new asset class and it needs to be treated as such. I've already tried to alert Senator Wyden, who is on the JCT, but I thought I'd also contact my congressman to perhaps get a signal boost. This issue is dangerous and potentially explosive so it's on my mind. Thank you for your time,
1. Dow set to add to Wednesday’s record despite Capitol turmoil
U.S. stock futures rose Thursday, a day after the Dow Jones Industrial Average closed at a record high despite the turmoil at the Capitol. Early Thursday, outgoing President Donald Trump said in a statement there “will be an orderly transition” of power, shortly after Congress confirmed President-elect Joe Biden’s win.
Economists expect an increase in initial jobless claims, when the Labor Department reports its weekly numbers at 8:30 a.m. ET. With the seven-day average of new daily U.S. Covid infections spiking to a record high, first-time filings for unemployment benefits are seen rising by 28,000 to 815,000 for the week ended Jan. 2.
Ahead of Friday’s government employment report, the ADP’s look at December jobs trends at U.S. companies showed a contraction in private-sector positions for the first time since the early days of the coronavirus. Throughout most of the pandemic, the ADP estimates have been below the final government count.
The 10-year Treasury yield remained above 1% on Thursday morning after projected wins for Democrats in both Senate runoff elections in Georgia. Lightening up on bonds, pushing prices down and yields up, investors bought riskier assets like stocks and bitcoin.
The world’s largest cryptocurrency smashed through the $38,000 mark to hit a record high on Thursday as it continued its massive rally. Bitcoin has been up about 29% in the first days of 2021 and is up 380% over the past 12 months.
3. Congress confirms Biden as next president
Congress early Thursday confirmed the Electoral College vote for Biden, a day after Trump supporters breached the Capitol in a chaotic effort to avoid the formal recognition that the president lost the election. Shortly after the confirmation, White House spokesman Dan Scavino tweeted Trump’s statement, which promised “an orderly transition on January 20th,” the day of Biden’s inauguration, but also perpetuated the baseless claim that he actually won.
Congress’ process of counting Electoral College votes was interrupted Wednesday afternoon when rioters stormed the U.S. Capitol building. A woman who was among the invaders was shot and killed by Capitol Police. Three other people died from medical emergencies.
4. U.S. trade group asks Pence to ‘seriously consider’ invoking 25th Amendment
The National Association of Manufacturers, a trade organization representing 14,000 U.S. companies, called on Vice President Mike Pence to “seriously consider” invoking the 25th Amendment of the Constitution to remove Trump from office. Jay Timmons, CEO of the manufacturers group, is a former executive director of the National Republican Senatorial Committee. Two Democratic U.S. representatives worked on a letter to Pence requesting he invoke the amendment.
Members of Trump’s Cabinet issued harsh rebukes of the violence that unfolded at the Capitol. The officials, however, stopped short of criticizing the president, who had urged his supporters to take action at a pro-Trump rally Wednesday morning.
An administration official confirmed to CNBC’s Eamon Javers that National Security Advisor Robert O’Brien and Deputy National Security Advisor Matthew Pottinger are considering resigning over the insurrection. Stephanie Grisham, chief of staff for first lady Melania Trump, and Sarah Matthews, White House deputy press secretary, both resigned Wednesday.
Mick Mulvaney, Trump’s former chief of staff, announced on CNBC on Thursday he is resigning as special envoy to Northern Ireland.
5. Democrats win the majority in the Senate
During the Capitol siege, Democrat Jon Ossoff was projected as the winner of the second of two Senate runoff elections Tuesday in Georgia. The defeat of Republican David Perdue, whose Senate term expired Sunday, coupled with Democrat Raphael Warnock’s projected victory over Republican Sen. Kelly Loeffler, splits the 100 Senate right down the middle. However, Democrats take over the majority as Vice President-elect Kamala Harris would be the tie-breaking vote. After Biden’s inauguration, Democrats will control the Senate, House and the White House.
Bed Bath & Beyond (BBBY) – The housewares retailer reported quarterly profit of 8 cents per share, short of the 19 cents a share consensus estimate. Revenue also fell short of forecasts, hurt by a steep drop in store traffic and higher freight costs, among other factors. Shares dropped 12.5% in premarket trading as of 7:41 a.m. ET.
Walgreens (WBA) – The drugstore operator beat estimates by 19 cents a share, with quarterly earnings of $1.22 per share. Revenue also exceeded Wall Street projections. Walgreens said the business environment remains challenging, but it is maintaining its prior fiscal 2021 forecast. The shares added 3% in premarket trading as of 7:41 a.m. ET.
Conagra (CAG) – The food producer reported quarterly profit of 81 cents per share, 8 cents a share above estimates. Revenue was in line with Wall Street forecasts. It also forecast organic sales growth of 6% to 8% for the current quarter, as stay-at-home consumers continue to stoke demand for its frozen dinners and other products. The stock fell slightly in premarket trading as of 7:41 a.m. ET.
Constellation Brands (STZ) – The spirits producer earned $3.09 per share for its latest quarter, compared to a consensus estimate of $2.39 a share. Revenue also topped estimates and the company authorized a new $2 billion share repurchase program. The shares added 2.4% in premarket trading as of 7:41 a.m. ET.
CureVac (CVAC) – CureVac struck an alliance deal with drugmaker Bayer, aimed at helping the German biotech firm gain regulatory approval for its Covid-19 vaccine as well as distribute vaccine doses. The stock jumped 15% in premarket trading as of 7:41 a.m. ET.
DXC Technology (DXC) – The IT consulting firm is the target of a more than $10 billion takeover bid from French rival Atos, according to two sources with knowledge of the matter who spoke to Reuters. A formal approach is said to have been made, with discussions still at a preliminary stage. The stock added 8% in premarket trading as of 7:41 a.m. ET.
JPMorgan Chase (JPM) – Bank of America Securities upgraded the bank to “buy” from “neutral,” calling it “best-in-class” in what will likely be a strong 2021 for banks. The stock added 1.9% in premarket trading as of 7:41 a.m. ET.
Nvidia (NVDA) – The chipmaker’s stock was added to Citi’s “Catalyst Watch” list, with Citi expecting Nvidia shares to emerge from recent underperformance coming out of next week’s Consumer Electronics Show. The stock rose 2% in premarket trading as of 7:41 a.m. ET.
Alibaba (BABA) – The China e-commerce giant and Tencent Holdings could be added to a U.S. blacklist by the White House, according to multiple reports. Many consider such a ban unlikely, however, given that the Chinese firms are widely held by U.S. investors.
Twitter (TWTR), Facebook (FB) – Twitter and Facebook temporarily locked President Donald Trump’s accounts and removed some of his posts, hoping to quell further violence in Washington following yesterday’s assault on Capitol Hill.
MGM Resorts (MGM) – The casino operator was urged by shareholder Snow Lake Capital to sell 20% of its China business to a strategic partner. Snow Lake owns 7.5% of MGM China and said such a move would give MGM financial flexibility.
Costco (COST) – The warehouse retailer reported a 12% jump in December sales compared to a year earlier, helped by increased sales of frozen foods and liquor. Comparable store sales were up 10.7%.
Baidu (BIDU) – Baidu has chosen Goldman Sachs (GS) and CLSA for its planned Hong Kong listing, according to a Bloomberg report. The offering by the China-based search engine could raise at least $3.5 billion.
T-Mobile US (TMUS) – The mobile service provider added 824,000 postpaid phone subscribers during the fourth quarter, bring its 2020 total to 5.5 million.
The Winning Strategy Can Help Small Investors Easily Destroy Hedge funds Sharks
The Winning Strategy Can Help Small Investors Easily Destroy Hedge funds Sharks Without a real leader and a strategy, there is no way for small investor can win against the big sharks. Instead of wasting money to gamble on stocks cryptocurrency without have a proper objective. You guys should “play” to destroy those cheating hedge funds big sharks. They are even worse than casino people ! If you want to make history, to defeat those hedge funds big shark groups, then there is only one way, which is “gambling” in me as the savior Messiah Buddha. Why? Because I am holding the public cure for the corona virus COVID. And those hedge funds sharks are gambling/betting on the pandemic is keep going on for long time. If a sudden miracle COVID disappear overnight then they going to lose everything ! Here is the step by step guide to destroy and force hedgefund declare bankrupt: Step 1: Pre-Buy stocks who will gain a lot profit if a sudden cure/vaccine appear. Step 2: Share that stocks on any kind of social media and tell your friends/groups that the miracle will appear. Step 3: Make donation to me and I will tell you the time I will publish the natural cure vaccine. Step 4: Sharing information online and tell your friends about the natural vaccine for the corona virus covid. Step 5: Bye bye hedge funds ! My requirement is very simple which is only $1.4 million US Dollar (for all of you combine). Here is my list of cryptocurrency wallets:Bitcoin 1GihDtqz2JeTHekX5C7DxzyoBMgyL9sNiC 1MFGJ2u4BTY6T5323HF3fEMpcg4akxoVQw 1L2gaW1gHhP8j7goHkdyQ7XAtst4ncxUCu 1FfAtQWJCEeNwCn6mpmL61miSK3nE8Pg5y 1PZv3iB2MF25FbBs51aVAPvb1pxr5Le5Cz Ethereum 0x11348E48f8Dd43493D75D49ac2358849A5A0919A 0x4C8fFA3A0c78D6e60EF1E6351F49be0cCFeC62ed 0xaC2E83E2cD6BC15b0c1b9426bbe749D32061a40d 0x31eA6c71A255155386896F333919CCddC9096cB6 0x5619FAeA81d621d9DCE831D3C2E19b0238b2FA17 Litecoin LRU55KzZtJ1ViqCpFBVygRXsZJCMrCC3Mg LcWoEwzGEQBpkLVAk32whr76v6ZLo7UUiH LXdDZLvoxf3Qq5X8pvaro1xAdBXJ7tui9u LbjWtntp1Lef4YFL8cVxguXVABcTCwSTvM LbjvKbbSDFAZdfrQY4KEegDws4q8Cq86Yb Dogecoin D7hd9tZgvbfFPb17kdwiKcgPEYpHSJz7wk DHaofih9U7UK47zYesoHhArCiEP6vDj8hi DU7jGUZjxVzxetjqBvuBpWhgxu8L3KyWuN DBVr92TgqrLgH7x3pdsditxPm6qxcNrjQC DQX1BjgHwgetwVWYqYh5JTPQsFF2B8hRr1 Monero 48R9otZW8UrJoGZ3JdtUjTQr9fgVsx9zsGNNETGGmm8vGXRw8sjeSwbNJT1c3ypmNFRcSDBcKG51fKkeBYSahpuRBgYQ4k8 49fcN7YU6xnfq8xAGejTicL3PcQvhYwLKHBwneDPvsEUTdFkbQvrinrJL4y4kpKRDjDM4WPsQAW58QDgLJWyRazZ5Xq3jzc 43RxCt1QnRhSQhiD9emuxgGFEbr2B8qAqEEBQyHiEqXteXVM6nMz8xHV2pCHeqf3kybtMSw2tcRteZZAryVF7HPjN4RJEr9 42wJPQy2kTXGMGrVwr9XcxjMfegehVw9Rbbe6HUnwbK9SvdtuK8Mqa4AHPq2SwV9oMM2mJWcqksN3dwhguM4kbHFKrFTvTE 45p2MBpoAc9L5oz95gKR7Q62seV1hLauJZ4azropCgv4XhL7n7kmGUEShxi98wbt7aSdrjw9w3quggEsdDseREeEJLJy7DH Digibyte DHNMsFVQQruZscnPZ39b2cuQy5AQnwwW97 DHyRrst5LmSKQR9draJ8YKNLoTCBUJX8sj DRXj1hnH6r8wBjWtjygYVwrNXFoAVuHiJe DL4CAfLNSqNWU9AqrxHdstQgJr9ktV4uph D6P9LtSKFtLvxHLuRajbcv29Npfht82Uj9 You guys can contact me via various way such as: - social media platform: freejoy.aimoo.com or saviorjoy.livejournal.com - matrix.org: username freejoy - email address: [email protected] ; [email protected] Feel free to ask any question, but my offer will last for about 7 days only. Share this post in wall street bet group if you can so more people can have fun together. We should not only “make money” but bring the life more fairer for all. The super rigged system is stupid ! Best Regard, The Savior Messiah Buddha
I don't invest in Bitcoin, I divest myself of Fiat. If there is an investment its in my future, my friends and family. Bitcoin isn't a get rich quick scheme. It's a trojan horse let loose in the middle of the financial sector. The money printers were so busy greasing the wheels of industry and their pals with cheap money, that they didn't even notice Bitcoin for years. With the tireless work of coders, promoters and the sheer enthusiasm for an alternative monetary society, Bitcoin has grown exponentially, and will continue to do so. Meanwhile the money printers keep on printing, happy to print to infinity. Of course this doesn't effect them, as they are financially secure whatever happens. But for the average person, it's just stealing your financial security. How many ways do they steal your wealth? Inflation, from money printing. House prices show this starkly. Zero percent interest rates, so nothing to gain by saving your hard earned money. Then they tax you, often times multiple times through VAT etc. Capital gains Tax if you do make a decent profit. Even death duties to be paid at the end of your life. So no, I don't invest in Bitcoin, I Divest myself from Fiat and the whole casino that has been built up around it. Long Bitcoin, short Fiat. Gratitude to all involved and the one called Satoshi for having the vision for a different future.
Hi Everyone, I would just like to introduce myself. Tell my story and explain why I'm here. I got into bitcoin back in the day. I loved how easy it was to send and withdrawl from casino sites. They also had provably fair playing. The transaction fees were low. And wow, what a crazy ride. Bitcoin was around $200 then. I was losing and winning so much. One time I won 200btc in a slot machine and blackjack and video pokered it up to 500btc. It was over 100k USD. Part of it was on bitzino which is now shut down. Then I lost it all at bitzino in 25btc/hand blackjack. It all was so fast. Working nightshift made me crazy. I just loved clicking those buttons. Eventually I had to take an 8k loan from my 401k to cover the losses. I shut my coinbase account down. Honestly that's why I do robinhood. I can't send the crypto to these awesome sites. I don't want to take that ride again. I still play on these sites with free money but the ride up and down in robinhood is fun enough and great and crypto goes up. But hearing how Robinhood had to get $1billion in funding makes me concerned. I'll just be honest that i'm taking all my Doge profits and sticking it in GME as soon as I can. I'm really thankful for everytime elon tweeted about Doge. I'm thankful that all the interns over the summer at my company were obsessed with memes giving confidence in my DOGE investments. I think there's a great chance that elon is inspiring some meme loving great young leader to do something with it. I think Doge being and inflation coin is just ok ... it makes it more likely people will use it. I also think ethereum is great with it's defi and exchanges which would be publicly managed compared to this fiasco with robinhood and clearinghouses and citadel. I think ethereum 2.0 is awesome. People literally just put 32 ethereum on a computer and make more ethereum while the price fluctuates. 2.0 just seems like a great ride you can take for a long time. I think the bch community is great. The grasberg vs asertii drama was great. I'm pissed as fuck robinhood didn't give me any abc coin or even sell it for me. Fuck bitcoin and there high fees and low blocksize. I hope you guys post due diligence before pumping coins no one has heard of. I love due diligence and then memes. I hope you guys make so much money and buy boats and houses and cars and pay off student loans. Regards, Jimmerish
After 80 days I’ve decided to reset my streak. First off since March I’ve bought lottery tickets every other day to include scratch offs, although not recently. Also from March to July I invested 1800 in to a Robinhood and lost a majority of it to bad trades ( still have $100 left ). On January 5th this year, I ended up buying crypto currency due to bullishness of Ethereum and Bitcoin. Ended up depositing 600 then another 1700. Even considered dropping 10k in to Ethereum but decided against it. In the end withdrew the entire 2300 plus $10 profit. Honestly crypto currency is nothing but speculation. I’ve been doing well since March because I haven’t gambled online ( closed all my accounts ) and due to covid haven’t been to the casinos. Even after casinos reopened I haven’t been back. I’ll be honest I’ve had urges to go back but didn’t act on it. In the past few months I’ve managed to save up a bunch of money and I’ve been debt free for a while so all is well. I’m going to try and go the entire year without gambling: lottery, stocks, crypto, casinos. Maybe this time around i can hit one year. Previously the longest I went without gambling was a bit under 6 months so this was a step in the right direction.
A trustworthy Bitcoin casino will know that their “house edge” is enough to make a profit and therefore will want to prove to their players that they are not manipulating any results. They do this through a mathematical algorithm involving cryptography ( read the detailed explanation here ). Looks like if your mining operation is not profitable now, it probably will not be in the future. With rising bitcoin exchange rates it might be more profitable to buy bitcoins than to mine. There are spreadsheets available in this thread or this one (with some FPGA data) for a more custom calculation. Bitcoin exchanges: LocalBitcoins, BitQuick. Since Bitcoin has started to be used by the gambling industry, we have seen many gambling sites trying to change the traditional style of gambling. As an example, we can mention Dragon’s Tale. It is an online Casino where gamblers can find all the games mentioned before, but in a design that is completely different from any other Casino. Bitcoin casino is considered to be an excellent business idea because it is based on two major profitable interest areas which are cryptocurrencies and gambling. But the question is how beneficial is to invest in bitcoin online casino solutions? Bitcoin casino is an excellent project for investing personal funds because it is based on two extremely profitable and edgy areas: gambling and crypto technologies. Both interest areas are very popular today, and according to experts, their growth will continue for the next five or seven years. CryptoSkull is a lucrative and addictive minesweeper type bitcoin game. Use our casino faucet to start gambling with free bitcoin! Bitcoin Video Casino offers several popular bitcoin games. Their game style is inspired from the classic Video Poker machines in Las Vegas. Lucky Games is a multicoin casino accepting bitcoin and 30 cryptocurrencies. The casino features 4 games, a low 1% house-edge, a provably-fair system, a faucet and a live chat. On May 11, 2020, the reward halved once more to six.25 BTC. In November 2019, the worth of Bitcoin was about $9,300 per bitcoin, which suggests you’d earn $116,250 (12.5 x 9,300) for finishing a block. Conclusion. Cryptocurrency mining like Bitcoin mining and Ethereum mining has a high risk and high investment is needed to start it. While Bitcoin casino free spins may be considered as an element to look for, Bitcoin casino free BTC is yet another indicator as not all of the Bitcoin casino offers it. A fair share of free spins and Bitcoin casino free BTC will certainly entice you. However, please make sure the Bitcoin casino offering it is regulated. A bitcoin casino script solution, installed into a virtual gambling establishment, enables players to pay with the usage of crypto currency, and the launch of a full-cycle bitcoin casino seems a good idea due to its privacy and the absence of commission fees. More information on the bitcoin casino software for sale you can learn from this article.
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