Hi guys!

Still playing with bitcoins? Or have you switched to TRON or Ripple?
Anyway, every crypto has its own benefits but how important is it for you to have a variety of different cryptos to play in casinos?

So,...
-how's it going when it goes to your daily life?
-how's it going when it comes to your social life?
And lastly...
-how's it going when it comes to your gambling life?

All of this will be based only on what you have done in this past month of Quarantine. Although it is very common that we can't see any games in relation to sports, even so there are quite a number of shareable experiences that you might have done in this past month that you have never done in the past years.

So what do you think? Do it really had a big difference?

Josh Spurling decided to gamble out of sheer boredom since he was locked at home due to the current lockdown situation, and he gambled on two different occasions and on both he won big amounts totalling to £400,000.

It’s also pertinent to note that he’s decided not to gamble anymore as he believes to quit while he’s ahead, but something tells me he’s going to gamble again.

Now I know many will ask me why I feel this, so the answer is simple he’s already spending his fortune away quickly, and he’ll have more confidence in his luck so it’s only a matter of days before he gambles again.

Lastly there’re two important lessons we all can learn from him, 1) quit while you’re ahead and 2) don’t splurge your winning fortune quickly spend it slowly and wisely.



Source:

https://www.thesun.co.uk/news/11442154/salesman-wins-gambling-online-coronavirus-lockdown/

I have one friend who used to play dice in stake.com, he started with a very small fund ($100), out of that money, he managed to have a balance of 24 ETH at some point but unlucky guy lost everything in one day. Once again, with the bonus he got from stake, he managed to cross 30 ETH within less than a month but yesterday, he lost everything once again.
How come he lost everything one day? Do most of the gamblers lose money in such way?

To answer the question: can BTC really be a safe haven? we'll have to find out what is the main problem that keeps it far away from being one?

In my opinion, this is VOLATILITY. So what forces BTC to make such large price movements?

It turns out that the biggest problem is the extreme leverage on cryptocurrency markets, which is offered by unregulated offshore exchanges.

BTC is highly concentrated and data show that almost 95% of BTC resources belong to a relatively small number of addresses. Such conditions give the market a 'kick' and increase greed.
At the same time, many traders who are using highly leveraged trading platforms have a very high-risk appetite and not always the skills needed to play with 100 or 200X leveraged trades.

BTC                ADDRESSES      %                 COINS                 USD              %COINS

https://bithub.pl/wiadomosci/bitcoin-na-lasce-algorytmow-dlaczego-btc-i-safe-haven-to-na-razie-zwykla-mrzonka/

Most exchanges that offer trading with very high leverage were not designed to handle not only the large-scale volumes in times of heavy market congestion but also the network traffic itself.
The problem of overloading exchange servers has become very common in the last two years. It is ironic that such things happen, of course, at times when markets tend to increase their trading volume drastically. This is a big problem, as we have seen lately, because it makes it difficult for traders to reduce their exposure, when such an event occurs, leaving them at the mercy of aggressive liquidation algorithms.

We have to remember that regulated exchanges only offer around 3 times leverage.

Crypto exchange insurance funds act both as an external picture of the exchange's success, but also as a measure of how aggressive and harmful their liquidation algorithms are for the traders.
This is because on almost every crypto exchange the insurance fund is capitalized from the liquidations of traders' positions.

100x leverage and higher 200X is attractive (at least at first glance) for a trader who wants to maximize profits with a minimum contribution of his own capital, but it causes this insane BTC price volatility, which prevents the profitable use of such high leverage. If the plug by Bitmex would not be pulled out on time a few weeks ago, BTC price would fell to 0$.
How could this happen? Isn't this still too early for such high leverage 100 or 200X in the crypto market?
https://hacked.com/bitcoins-price-recovery-stalls-as-bitmex-shuts-down-u-s-accounts/

In my opinion, only because of this Bitmex incident it would be wise to limit the widely available throughout the ecosystem high leverage to stop this absurd volatility and give a chance to BTC to be this safe haven finally!!!

https://bithub.pl/wiadomosci/bitcoin-na-lasce-algorytmow-dlaczego-btc-i-safe-haven-to-na-razie-zwykla-mrzonka/

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Source: https://bithub.pl/wiadomosci/bitcoin-na-lasce-algorytmow-dlaczego-btc-i-safe-haven-to-na-razie-zwykla-mrzonka/

It is true that Bitcoin is better but how do the people react about it?

Despite the better one, people are still and will continue to use banks as proven how inevitable they are when it comes to their money and their use in the country. From the money being circulated by the bank to the loans they are giving, there are a lot of perks of banks in a country and to its people, while banks focuses mainly on the users, people are not really interested with it as hacks and scams are all over it.

I doubt this would trigger a bull run.
Probably many exchanges would broke and we could see a giant crash   if everyone just withdrawal al your coins lol

Anyway,  everyone really should withdrawal yo8r coins. But due to security reasons,  not to trigger a bull run.

What is your story of not being able to access your Bitcoin wallet with Bitcoins in them.

What have you tried to retrieve them?