In many countries people under 18 are concerned minors, therefore they can't do many things. Gambling is on of them. It is true that if people under 18 are involved in gambling then it will certainly affect their academic life which is not good for society and the country.

But gambling itself especially how it was handled and served has loopholes that is why it is not a 100% accurate that none of the players are really old enough for the gambling activities. Here in my place illegal gambling is rampant and minors are able to jump into it right away but of course they do take the risks not only getting possible losses and distraction academically but also the risk of getting caught by authorities.

Quote from: yohananaomi on May 08, 2024, 08:31:56 AM

Quote from: Rubel007 on May 02, 2024, 06:58:56 AM

The Chinese government's attitude towards crypto won't change so easily. But if that changes, it could lead to a revolution in cryptocurrency. But what I understand is why crypto is being discouraged in that country. It has now become a diplomatic issue. Since the US has a positive view on crypto, the Chinese government will never take it positively. This is the main problem. But if the Chinese government were to favor its country's miners, the country would benefit the most from crypto and add a new dimension to cryptocurrencies. I hope that the attitude of the government of that country will definitely change in the future.

China has experienced times when it accepted crypto, but due to environmentally damaging mining reasons and other issues, ultimately banned it from being accepted. Maybe it's certain that they want to be able to master or control crypto, especially Bitcoin, but they can't do it and this is a problem in itself for the future of crypto development in their country. So, because their country's system is that power rests with the state, no one will be able to intervene in any decision made by the highest leadership, in contrast to European/US countries which may be flexible in dealing with crypto.
We believe that one day China will be able to accept crypto again, but it's not easy to know when that will happen.

It's true, they realize that the very limited supply of bitcoin will have a negative impact on their economic condition. If they continue to give permission for the use of bitcoin, Bitcoin will be used by China's enemies to destroy China. So China's move to not give permission to Bitcoin is quite the right decision.

But China do have a specific place just for crypto like Hong Kong. That is I think the only place there that you can trade cryptocurrency. I am not that sure if there is another city aside from Hong Kong but yeah I just don't know why some people think and said that Bitcoin is banned in China.

With the advancement of digital technology we are moving towards cashless society. In future people will use more credit card , online payment and carry less cash. That doesn't mean fiat currency will disappear. Also the use of digital currency/cryptocurrency will be even more common. Cryptocurrency especially Bitcoin have been gaining ground sharply and this trend will continue.

Paper money might disappear but they do have already the digital version of it  so it will still go head to head along with Bitcoin depending on transactions. I can also see that cashless society will be achieved fully in the future because of digital assets that can be used in all kinds of transactions.

Quote from: Primo1760 on May 04, 2024, 10:39:08 PM

Quote from: akeemqaz on May 03, 2024, 11:57:42 PM

Bitcoin's direction remains uncertain, but I was fortunate to have paired some USDT with BTC on Bitget's smart portfolio, which allowed me to accumulate more BTC as it dropped. Now that BTC is pumping again, I've already increased my holdings and am hoping this upward momentum continues for further profits.

I think you are very smart about investing because when the bitcoin market is dumping a lot everyone should keep some usdt and with that saved usdt to buy bitcoins should make a good investment position. If Bitcoin is bought from such a position, it can be seen that a lot of success can be achieved by investing in a short period of time. I have the same mindset as you towards investing when there is a lot of dumping in the market I hold some USDT and it seems like there will be no more dumping from here and it will go up then I invest and it turns out that I got a lot of success in a short period of time.

The dumping market for bitcoin will still exist, there is still the next wave that has not yet been created, just wait, I don't want to create FUD for bitcoin but from the analysis I did of several price movements after the halving it looks like it has decreased. Prepare as much USDT as you can.

Yeah as this signals accumulation then if we do have USDT with us then we can fill in our bags right after we can pinpoint the best entry. You are absolutely right as I can also see down trend on 1 month time frame good sign for buyers but I don't know how deep it take this cycle until the next rally.

Quote from: 0t3p0t on May 05, 2024, 10:26:18 PM

Quote from: bitterguy28 on May 04, 2024, 08:34:34 AM

Quote from: bisdak40 on April 29, 2024, 09:10:58 AM

Quote from: bitterguy28 on April 29, 2024, 07:13:09 AM

Quote from: 0t3p0t on April 28, 2024, 10:07:59 PM

Quote from: bitterguy28 on April 28, 2024, 09:02:38 AM

Mukhang nagkakakulay na ang usapan kabayan , bale  syempre yong mga nakaraang stand ng SEC is para mapuwersa na ang Binance na mag comply and nagtagumpay naman sila kasi nagbitaw na ng salita ang binance na temporary lang daw ang issue now , at yon na nga mukhang magiging maayos na sa susunod na mga araw at makakabalik na tayo ng maayos sa pag trade gamit ang binance.

Sana nga kabayan para naman mapanatag na kalooban natin na muling magamit yung services na inooffer ni Binance since para sakin ito yung pinakaconvenient compared to other CEX.

dagdagan natin ang panalangin kabayan na sana naman ay maayos ng mas maaga sa iniexpect natin lalo nat palapit na tayo sa bullrun na talaga namnang importante ang exchange na kabisado na natin ang galawan tulad ng binance.
ansarap ng kumportable tayo sa pag galaw lalo nat pera ang pinag uusapan dito.

Sana nga kabayan para naman ay makatulog tayo ng maayos habang nasa Binance yong pera natin hehe. May nabasa nga ako kanina sa Binance TG na hindi na raw na-access nya yong account thru web, eh dali-dali ko naman na binuksan yong account ko at sa awa ng Diyos ay may access pa naman ako sa aking account.

yan nga din nangyari sakin minsan kabayan hahaha, meron akong nabasang ganyang sa social media about wala na talagang access sa binance eh natapat na nagsesend ako ng p2p that time , nataranta talaga ako baka maipit yong funds ko pero awa ng Dios eh nakapasok naman and until now eh nagagamit ko pa din 

So far working fine padin naman ang app kabayan kakacheck ko lang now at nakakapag-access padin ako. I am wondering if may mga pinoy padin na ginagamit ang Binance app sa pagtetrading up until now pati sa p2p? Medyo irsky na kasi since nagbabala na ang SEC na ipapatanggal na or ipapablock ang Binance app medyo magulo sya actually dahil hindi tugma yung update ni Binance at ni SEC recently parang nagcontradict pero yeah not affected naman na ako dito since I totally stopped using it, pinalitan ko na sya kay Bybit.

malamang magbalik na sa normal ang lahat sa susunod na mgfa buwan dahil mukha namang gumagawa ng paraan ang binance para mag comply , and etong mga pagkaka access natin till now tingin ko eh meron ng nagiging underground talk from SEC and Binance team hgehehe.
sana nga ganon ang mangyai dahil kumportable talaga ako sa binance .

Yan din ang naiisip ko kabayan since hindi fully or totally banned ang Binance sa atin since nakakaaccess padin ang iba nating mga kababayan through apps at isa na ako dun. Tingin ko nga din may nangyayari nang under the table dito eh since medyo magulo yung estado ng relasyon ng dalawang magjowa ngayon na si Binance at SEC para kasing away bati eh. 😅 Tinignan ko sya at kinumpara mas komportable talaga ako na gamitin ang Binance compared to other exchanges like Bybit kasi mas kabisado ko yung features nya kesa sa iba at mas convenient din kasi gamitin. Try ko nga mamaya sa futures trading practice lang. 😅
 

I good chance for Lomachenko to get on the track, because after that loss to Devin Haney, which looked like a robbery, he might be morally not ready fight. I am not quite sure that Kambosos is on the same level with Lomachenko to go full distance with him. If we look on their records, then Kambosos last fights were less convincing that he is the best, than Lomachenko. A questionable loss to Haney and two wins vs victory by majority decision and 2 losses. I am not surprised we have odds like that.

It could be that promotions is cooking something that is why it resulted in a controversial fight?  Because in the past years I've been watching boxing matches I've seen more questionable fights that happened against our country's team that is why a boxer should always have a knock out so anomaly could be prevented especially if the management's intention is to have a rematch so they can profit more from promotions. I could be wrong but yeah that is what I -observed.

I believe in some countries especially Muslim countries gambling is not legal. It is banned in some countries. Under age children should not be allowed to gamble, as it will adversely affect their academic activities. It will also affects extracurricular activities.

Well yeah but we all know that even it is not accessible in other countries with strict regualtion or even banned, some gamblers are still able to play by using vpn's I know some people who play gambling in places which gambling is prohibited but that is on their own risk. It will literally affect minors as they were being influenced by false promotions that sometimes may trick their young and weak minds.

Quote from: ajiz138 on May 08, 2024, 02:23:25 PM

Quote from: SamReomo on May 08, 2024, 09:40:02 AM

Quote from: bitmover on May 06, 2024, 07:28:43 PM

I still believe holding bitcoin will be very profitable in the future.
120k is not impossible, and it is already 100% from now.

I am holding about 80% of the coins I ever owned.

I know holding Bitcoin could be profitable and 120k to 1M is very possible but not very soon. It will take Bitcoin many years to reach 1M, till then it will lie below 100k most of the time. I'm bullish about it in this bull run, I expect that it will reach at least 100k when bull run gets intensity but it's not likely to reach 300k in this bull run however a few people think that it will cross $150k in this bull run.

We just need to be patient when holding bitcoin, because it's not impossible when talking about bitcoin. We have also seen how bitcoin continues to run and is always able to reach ATH when it moves up.

It's just that we can't be sure when Bitcoin will reach that price. For example, 120 thousand is not impossible, but we don't know when we will see bitcoin reach that price. There is no doubt when it comes to bitcoin.

Bitcoin is always safe to hold long term, talking about prices like you said $120K is reasonable to happen but when will it happen? End of this year or early next year. This is a question that many people ask, even though we know that Bitcoin is unpredictable and no one can predict it accurately

The best long term investment is Bitcoin no doubt about that. But reaching a specific price like new ATH I think that is possible maybe last quarter this year or early 2025 but yeah that is just an educated guess so not something we can rely on especially in this volatile industry.