Fall of bitcoin

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Last post made 1 month ago by waseem69
Italiano70
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  • Is it possible Bitcoin and all crypto could soon be unpopular with these online casinos ? I rather use it off cash app then using credit card . 

  • There are predictions that Ethereum will become more popular than Bitcoin, but it is unlikely that any other payment method will be able to replace cryptocurrencies. 

  • 2022 was not a good year for Crypto

    $12.088 billion is the amount lost through  scams, thefts and raids just alone this year. (Visit web3isgoinggreat.com for more.) . 

    The EU is going to  outlaw  anonymous crypto transactions at some point next year, the recent bankruptcy of FTX   and similar headlines  making crypto not only by casinos very unpopular.

  • 2022 was definitely not a good year for crypto, and I think a lot of people have lost their faith in it. I also decided to dump a part of my cryptocurrency savings. They are just too volatile and unreliable, and people don’t want to invest in something not “real” these days. But I believe there will be a new dawn for cryptos, and they will become the new world currency that the world government will not be able to control. That’s why I still keep a significant amount of my Ethereum savings. It’s important to notice the right moment to start buying more.

  • Using Bitcoin or other cryptos can offer more privacy and security compared to credit cards.

  • But here's the thing - crypto's value can be quite unpredictable, and some online casinos might be cautious about that. However, it's still a viable option, especially if you're using platforms like Cash App to manage your Bitcoin transactions.
    And speaking of managing, have you heard of Granimator? It's an AI trading tool that's been pretty helpful for me in navigating the crypto market's ups and downs. It analyzes market data and gives insights to make more informed decisions.

  • Crypto is more important actually than it seem to be. WEF wants all stuff to be centralized in order to control all they want and "not" control all they want to go through. To be more specific, for example people think USDT is stablecoin, but it isnt if you dig up a bit more, USDT aint decentralized, whatsoever recently there was 400m USDT freezed by US. USDC is crypto and it is stablecoin, but its pretty know all transactions go through US bank system. All crypto exchanges requier KYC so there is nothing about privacy there. Anyway, CBDC is pretty much thing which is more and more being talked about, everything will be electronic, all transactions will have to be specialy approved and everything will be based on blockhain. So whatever is made to keep some privacy and stuff behind doors they will use in order to make it worse. Tough times comming tho

  • Lets forget about the privacy thing for a bit and even if the stablecoins are not decentralized (I don't have enough info on the matter) they still could be quite useful tool in gambling industry as any other area of business really, offering cheaper and sometimes faster transactions then some (or most) of the E wallets we're using.

    At least for me stablecoins becoming more and more flexible assets lately compared to the fiat money.

  • I think no Italino70 because cryptocurrency is now much popular and if you think any new currency replace it presently NO.

    Now a days bitcoin is facing decline. But developed countries are embracing this currency very fastly. But under developed countries it is still unpopular.

  • Bitcoin is still at $63750 so it shows that it will take time to regain it's old price. About cryptocurrencie it will now part of our lives so it will never go from our lives it's the truth.

  • Bitcoin is still not stable but doesn't mean that it will not rise again. When anything enters into the market it gains some price after the popularity may be increased same to bitcoin situation in strat it took not much time to receive popularity but now decline in its price doesn't mean that it will not come back.

  • No it's not possible that we will leave cryptocurrency. Now its the part of our lives. Government has legally approved this currency. Then how is possible this will unpopular in future? 

  • Bitcoin is gaining again its previous position. Now $68400 = 1 bitcoin  This shows that it come back to its previous position. About its worth in millions I am not sure but may be.

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