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1001  Economy / Games and rounds / Re: Duelbits - FreetoPlay 150k World Cup Predictor on: November 16, 2022, 06:52:33 PM
Exactly how this works? Like we all put our predictions to specific result based on the event and whenever that even happens we get distributed prices for that?
For example in live Match if I predict X team will make 2 goals in next 15 minutes and 100 others might have chosen the same option then does it mean the final price will be divided and we will get ratio of it?

If yes then, what are the distribution criteria for this? Like Will there be Duelbits time weight wagerer which will make me eligible for higher ratio if I predict first etc?

I mean there are few casinos whose using this strategy. It helps grow the competition and wary participations very fast and dominant.  Smiley
1002  Economy / Economics / Re: FTX drama and it’s long term consequences: Bitcoin is a confidence Game. on: November 16, 2022, 06:33:33 PM
Developers: instead of focusing on the development of the intellectually rewarding projects (namely: Bitcoin and Bitcoin related Technologies) , they indulged financially regarding projects. Hopefully many dubious project in this sphere will see a drain in funding over the coming months

They are the craziest one! If you see the developments after 2015-16 then we can see how there is sudden up surge in the ICO’s for versatile ideas and how millions of dollars were being raised during the pre sales and post sales.

The role of Developers in this? Well they knew that blockchain is comparatively new and it’s applications are vast subject. They started to put finger on everything they saw and converted them into blockchain project. They however never kept the ideas for long, just coded the basics, few algorithms which would work for initia processes and boom everyone started to think that it’s something unique and it’s going to be astounding project in the future.

However the end of the story? Failed roadmaps, abandoned projects and zero volume in the market.

Developers did not stop there, they started one project after another and still looting the market in the name of advancements, blockchain usage and futuristic agendas. All in vain.
1003  Economy / Exchanges / Fact or Fake? FTX collapse related to Biden Administration and Anti-Ukraine . . on: November 16, 2022, 02:38:55 PM
Fact or Fake? FTX collapse related to Biden Administration and Anti-Ukraine weapon which is alarming news.


Quote
Conspiracy theorists allegedly pushed by Russian propaganda picked up on an utterly unsupported narrative that FTX had helped the Biden Administration funnel funds supporting the Ukrainian war effort back to the Democratic Party.

A disinformation campaign peddling a conspiracy theory that the bankrupt FTX exchange was helping the Biden Administration funnel money to the Democratic Party has gotten enough traction that it had to be refuted, according to a Ukrainian Deputy Minister.

Alex Bornyakov, Deputy Minister for Digital Transformation, took to Twitter on Monday to say “Ukraine's gov never invested any funds into FTX. The whole narrative that Ukraine allegedly invested in FTX, who donated money to Democrats is nonsense, frankly,” ending with a facepalm emoji.

The crypto community has been hugely successful in raising funds for Ukraine’s war effort, with the fundraising group Aid for Ukraine raising $60 million to support the war effort and humanitarian relief. The country has raised hundreds of millions in crypto, $135 million of it by June, Coindesk reported.
What Aid for Ukraine did do, Bornyakov said, is use FTX to off-ramp the more than $60 million collected by the fundraising group Aid for Ukraine into the fiat currency it needs to buy everything from bullets to bandages in support of its war effort.

The nonprofit was backed by Ukraine’s Kuna exchange, staking platform Everstake and FTX — which has (or had) FTX Pay, a business that allows merchants to let customers use crypto in payment at the register and on websites, but receive fiat currency.

Binance and Coinbase have similar divisions, and there are a number of companies dedicated to the business, including Strike and BitPay.
Propaganda Going Mainstream

Aid for Ukraine also addressed the rumors, tweeting that it is a “Russian propaganda” campaign that “uses the FTX crisis to obstruct Ukrainian crypto fundraising.”

In an 11-part Twitter thread on Nov. 15, Aid for Ukraine took aim at what it alleges are propaganda spreaders in the U.S. It said:
“Certain Twitter users, including fake accounts of US congressmen and biased media outlets, have disseminated rumors that hundreds of millions of USD donated to Ukraine were illegally transferred to the US Democratic Party.”

That narrative “does not correspond with reality,” it said, adding that $54 million of the crypto it raised has “already been spent on Ukraine’s humanitarian and military needs.”

While the story about Ukraine not just funneling money to Democrats but investing in FTX in order support former FTX CEO (and former billionaire) Sam Bankman-Fried’s eight-figure political donations — which did go largely to Democrats — was first popular on extremist websites like 4Chan and far right media sites — liberally laced with anti-Semitism — it rapidly became gained more mainstream .

Media industry site Media Matters pointed out that Twitter owner Elon Musk “amplified conspiracy theories about FTX’s collapse," calling it "the latest instance in Musk’s long history of amplifying far-right content on the platform."

On Nov. 15, Fox News covered the story, pointing to Bankman-Fried’s enormous political contributions that went largely to Democrats. It said:
“In addition to the company's dealings with Democrats, FTX is also being scrutinized for potential connections to the war in Ukraine. Despite a Ukrainian crypto official denying investments into FTX, [‘Fox & Friends Weekend’ host Will] Cain argued it is worth questioning the connection of Democrats and politicians supporting the war in Ukraine.”

Cain was quoted as saying: "We're journalists asking an important question: was money from Ukraine going back to the people that were voting to fund the war in Ukraine?"

The article did not try to answer the question in any way.
Source


What is surprising is; it could be harsh reality that crypto space might be ruined with the two type of people now:
First one is Government who wish to do the dirty business like this and other kinds could easily move the funds via crypto space, keep it untraceable and stay white in front of the public.

Second one is straight face criminals who does not care about anything at all could be using crypto space to transfer their millions of dollars for drugs, weapons, and stuff like that.

Though we know both of them are one and them, the only difference is former one comes clean and second one is shadow business, if caught then caught for sure.



With the Ukraine's story above, it is serious allegations against the Biden administration and recent fall of the FTX.
This could mean many things if proper proofs are collected and shown that there was conspiracy story behind this event and government was actually using the FTX to fund Ukraine's army with it without trace.

Anyways, Ukraine is already getting donations. $60 million were raised via crypto only which means it's not an impossible fact that it can't be done like that.

Do read the storyline, and few connections between Russian diplomats and the conspiracy theory behind it. What are your thoughts?

1004  Alternate cryptocurrencies / Altcoin Discussion / Re: People are going to realize the same thing about BNB and it makes me sick. on: November 14, 2022, 08:13:38 PM
Are we really moving towards the trend where some guy codes bunch of websites, integrations, writes this and that, invests in exchanger making and once they are billionaires they will just leave everything behind without any single thought about it?

I mean I have kind of started thinking it that way only. They have no urges about business development neither they think about generations to come. All they would do is create fat wallets and go away just like that. That’s unprofessional approach and it’s rising like pandemic.
1005  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Crypto.com in trouble? on: November 14, 2022, 07:39:13 PM
It seems the contagion started if Crypto.com will follow FTX Exchange.
For me, there are some funds that are locked to Crypto.com, because of their high APY, but your funds are locked for 3 months, it's just sad because I just re-invested only a few days after these issues with centralized exchange happened.

Aye man come on, lets not punch another big bear along the way. The market is already in the shock though none of the true HODLER care about it but for time being let us give it rest. The crypto isn't doing well and that's what affecting various platform. Many of them also halting the withdrawals and some of them are limiting the same so that they can stabilise the platforms finances. These are days with heavy burdens on trader and exchangers both. FOMO people must be going nuts these days and selling out everything they could. But that creates mess and worsens the situations. Just check if there are any conditions or rules that have been updated with that exchanger in any way?
1006  Economy / Gambling / Re: Black Friday fever: do you wait for extra bonuses from casinos? on: November 14, 2022, 06:52:40 PM
Question - are you expecting exclusive promo offerings on the Black Friday?

Oh yeah, why not? Just throw them at us and we will start wagering them right away. I mean most of the gamblers will have this as an opportunity to get back as much as they could and recover the losses from the previous gambling sessions. As long as Casino's are doing well financially they should not be hesitating to give us promo's.  Grin
Moreover, Halloween, black Friday, Christmas, new year these are some events which we always wait for and expect free goodies all the time.

In fact if MegaPari has any cashbacks and free roll offers without any wagering requirement then that would be heavenly great!
1007  Economy / Economics / Re: Has the popularity of bitcoins reduced interest of people in stocks? on: November 14, 2022, 06:47:35 PM
I dont think that there are such stocks which can give that much in single year? I mean if you guys are able to trade on that level then I must be looking in the wrong direction for sure. Thats crazy profit proceed from the stock marketing.

I mean I have seen that Mutual funds and sometimes SIP's are able to give us returns like those but I don't know, stocks? I am surprised.

Moreover, there is contradiction between interest in bitcoin and stocks. It doesn't really make any sense. They both are happy in their own universe. I mean bitcoin is all ok with crypto space and the other one in real market. Plus who would compare apples and oranges.
1008  Economy / Exchanges / Re: What is now the difference with Ponzi platforms with cryptocurrency exchanges on: November 14, 2022, 06:14:09 PM
Don't say you have to put your coins in your personal wallet or Dex. There you have someone you trust and breaking the trust. This is not good for cryptocurrency or what do you think about the trust broken?

I will go with "IT IS WHAT IT IS".

Exchanges was not the real "idea" behind satoshi's vision. It is actually exactly opposite what he thought and launched the blockchain. It's like Satoshi created apples for us but some thinker later created their own oranges and covered with the Apple skins.

These days what you see is that skin is peeling off and reality is getting exposed. Imagine if there was only bitcoin and the only way to trade it was via sending them from one wallet to other wallet with trust factor being the mutual understanding. I think it would have been the best case scenario.

May be the price would have been little but loss wouldnt have been in billions.
1009  Bitcoin / Bitcoin Discussion / Re: I want sell my house for bitcoin on: November 14, 2022, 05:31:54 PM
That is a bold step mate. Investing in house is already a stressful thing considering the long debts of mortgages and unending loans. I hope that you have made the right decision to do so even if you are in the possession of two houses! In fact property could appreciate in value over the period if surroundings are developing with the time. You could also get good value out of the land itself. If those are abandoned houses then better invest money on them, refurbish them to the next level and rent them out.

Once you rent them, you can invest the monthly rent right into the bitcoin. this will do both the things: Will save your houses from selling off and you ending up with bitcoins in your wallet every month. In fact it can also give you nice ROI considering your BEP would be lower with DCA strategy.
1010  Economy / Trading Discussion / Re: Stop justify stealing exchangers Are responseble on: November 13, 2022, 07:35:30 PM
They are responsible because that’s what makes up their enterprises grow and earn revenue from it. Don’t forget we pay them fees for every trade. They use the volume from our funds which are stored on the exchanger. Imagine if there was none on the exchanger then how would it even survive at all? You are not thinking it right mate, exchanger or bank or any financial institute has equal responsibility whether they act as lender or act as borrower. That’s how financial circle works on the right direction.
1011  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogelon Mars. on: November 13, 2022, 07:08:33 PM
Is this the project you are talking about?

https://dogelonmars.com/

It has excellent graphics and has been around for quite some time. This could be a great opportunity because it is listed on major crypto exchanges. I hope that the ones being invested are managing the risk.

I dont know, everything looks so legit in the first impression and could be something I always wanted to invest into. It does not seem they are making too much buzz about the presence of DOGELON coin. I never heard about it before. To my surprise they are literally having 650K followers and it's pretty awesome community support for this coin.

I suspect the support is coming from Elon and DOGE fans combined, considering the names they have used for the project.

However, realistically the project is meme based and with our great experience earlier I would say precautionary steps are needed. May be put few bucks now and then but not more than 500 bucks I guess?

I am okay with it because the volume is pretty well for every 24 hours. Could be good choice could be bad one too.
1012  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 13, 2022, 06:48:41 PM
Weekly Lottery - Win Up To $7,500 in BTC on Sunday!

Are you kidding me? That guy, how lucky is he? He just won bitcoins in the discounted zone with just 160 tickets. Man he is going to enjoy his saints day so perfectly.

To the contrary User at ladder number 8 and 10 must be the unlucky one here because looking at their number it seems they are either bought huge loads of tickets or they might be wagering their wallets off the chart last week. Poor they, I just hope they made good RP's and Sats after that.

The #1 guy just took 10% of whole bitcoin. Happy for him and I just hope someday someone will respond to my user ID just like this.  Cheesy
1013  Economy / Economics / Re: Want to live in a van down by the river? Ford has a new vehicle for that on: November 13, 2022, 05:55:41 PM
They are trying to market it but it's not the thing for everyone's pie! It has limitations and it's all fine until you have to replace the sanitary pits by all yourself everyday or weekly basis and also have to pay off huge cost over maintainer. With the time it would be claustrophobic stay into such small spaces and would be crazy if I had to call my friends and family over the dinner. Lolz  Grin

Each time I will have to park it somewhere I can build fire pit and also build camping tents to accommodate them. I am not sure how they are so sure about increasing their demand so much if it has that many challenges.

We can always rent them out instead of buying it. In fact it can be rented out in every county these days. No biggie there!
1014  Economy / Economics / Re: Meta fires 11k employees - Effect of economy or being bullish about metaverse? on: November 13, 2022, 05:36:52 PM
Mark, you know he has got the past right? I am not sure why are they even trying out new experiments if they are not able to make successful metaverse projects even after spending billions of dollars on it?  Roll Eyes
For him, laying off the 11k employees might not seem a thing, but for those employees it was their own universe to work and feed the families. Mark has always been on the negative scale for me. Even facebook being in the court room for their worst data integrity policies but things are unstoppable considering his fat wallet. If he was not capable of making successful path then why bothered to hire people from global market and lead them towards unsuccessful careers.
1015  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 12, 2022, 07:29:01 PM
Quote
Unfortunately 2025 is far away and we have to be very patient until then and be immune to such happenings as the FTX while keeping a positive attitude until 2025.

The time frame is really long but FUN as project is evolving in very good sense. They already have applications in the casino sites like Dplay and are having enormous promotions now and then. This helps the FUN to stay in the circulation and good volume. This is enough for FUN to survive through bear and bull markets. FUN will automatically rise in value over the time as result of stake programs, yearly appraisals and more investors along the way. Plus if we are freebitcoin HODLER then that’s an added advantage for all of us. Those benefits need not to be discussed as we enjoying them already.
1016  Economy / Exchanges / Re: Can Binance also get bankrupt soon? on: November 12, 2022, 06:06:56 PM
Good lord, I can't imagine the topics that we are discussing these days. It was really really pure around 2017 and after that things are smashing like very crazy these days.

Crypto is really seeing bad fall here, not to mention and stress on the centralized organizations only. I think that's what we should be learning from the past and current crashes that if your money is in someone else's hand then you are at the risk of loosing it all and ending up your life savings with it.

Have you guys noticed that it never happened on mega scale with bitcoin if the coins were put into the wallets, either hard or cold? They are heavily safe there and unless and until someone loose their keys or forget the keys then they are all good. Even if someone loose it, the coins are still there untouched!!

Times come to remind every crypto guy to shift to wallets, secure the money, and use p2p trade methods.

Makes me say one more time Not your Keys, Not your money. #NYKNYM
1017  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Polygon Casino - fully decentralized - PLEASE FEEDBACK on: November 12, 2022, 02:07:05 PM
Oh my God, the music and that man screaming on the Roulette is very hilarious.

If you loose the bet then that sound is like he was shot in the chest and killed.  Grin Grin
I wish I could show myself laughing right now, you guys would start chain reaction of laughing for sure. That is really nuts.

I saw the settings, I know there are controls but without decent music there is no fun in the game.

Also, its odd that when I bet third time, though my chips were on the right number it stated I did not won anything? Was it just preview or real casino link. Someone verify this by loosing the chips.

Hope so you will stand out good in the coming days.
1018  Economy / Economics / Re: Crypto should follow Satoshi's vision. on: November 12, 2022, 12:25:04 PM
That’s called as dirty business.

Over the period of time bunch of guys will always plan something behind the scenes to upgrade the systems and use it the way they want it. That’s what happening here.

What happens next is people start copying the projects and create their own business and there we see the complications rising all over the crypto space.

Wish it would have been still P2P process just the way Mr Satoshi imagined.
1019  Economy / Economics / Re: If you want to get rich go UK USA on: November 12, 2022, 05:44:51 AM
You teaching us that country who where debts are high and legal loop holes are at its peak will make us rich? Interesting, my economics teacher must be teaching me lessons from the wrong book. Funny.

The rules and the benefits which you talking about are the reason today US and Britain is facing worst economical crisis. Printing money does not mean you have money, it means you are welcoming to the inflation and which they already did.

Britain had to change their Prine Minister to overcome the economic burden, it’s not a joke.

It’s tension to the common peoples tax!
1020  Economy / Trading Discussion / Re: Here is my take on FTX case on: November 12, 2022, 03:45:28 AM
Quote
So let's just calm down and let the owner of the FTX will try to find best solution and try to solve this case.

#metoo.

It’s big no. That’s not gonna happen because that’s not how it works for the owners and victims. Welcome to the 21st century, the era of digital scams and at the same time digital layer masking to your scams. It’s not going to be simple task to dig exactly what happened. A law suit might get opened up, dates on dates will be passed on, owners will try to defend and try to save themselves from giving back the money and circle of cases will keep running all the time. I barely see a chance here.

And as mentioned by others, you reading it right, this already happened with well known companies and yet justice is unattended.
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