Fine, it can be as you're saying, but what does it change? Should we never buy anything because it could be worth more? It probably will be, but we have our lives to live and money is just a tool that allows us to do it. It's all spendable and should be spent.

To be clear, I'm against selling bitcoin for fiat, but I'm all for spending it on goods and services.


Let me ask you a question. If you knew that bitcoin will appreciate 5% every year, so holding a million USD in bitcoin would give you additional 50k to spend every year, would you ever sell your bitcoin? That 50k of profit would produce another 2,5k next year and you'd have more and more money, eventually falling into a spiral of greed. What's all that money if you can't be happy with it and buy what you need? Laszlo wanted pizza and that made him happy. He also made history. Will you ever? Think about it.

My take is the same it was months ago:

The bottom is in.
We will have a new ATH after the halving. Most likely in 2024, but there's maybe 30% chance it will happen in 2025.
The price will at the very least go above 30k this year, but there's a chance for 40k if more bank runs happen, or the FED starts printing.

I'm calm and confident. I don't have any immediate goals, expensive things that I have to buy. I have some things in mind but I'm willing to wait 2 years if I have to.

I think that it's already very easy to create an account here.
What's a fake name or email? You can make up any name you want, nobody is going to force you to use your real name here. This is a privacy-oriented forum.
If you use an email that doesn't exist, you'll just hurt yourself in case of a lost or stolen password. Just make a new email if you don't want to use the one connected to other services like bank accounts and such.

I've heard this argument multiple times. There's no way to break down the whole electric grid or Internet just like that. If it ever gets damaged and the connection between continents breaks, it's going to get fixed. If there's nobody left to fix it, that's another problem, but in such case we'll be in deep shit anyway and we'll have to barter. Nobody's going to take fiat money, bitcoin, or even coins, unless it's very early in the doomsday scenario.

Bitcoin actually has more value than fiat because it can't be devalued, like they're devaluing every single currency through central bank policies.

Not really. Concealing is not yet laundering.

Let's say you have money from a legal source but you don't want your spouse or family to know about it. You get a friend to lend you his account, send money there and get him to withdraw money at the ATM and give you cash. All legal, but the money has been mixed.
Making it harder to find the source of money, by moving it through different banks and multiple bank accounts is not a crime, as long as the money wasn't obtained illegally.

It does, as long as you don't use a centralized exchange or a service that sends money to your bank account.
Here's where it becomes interesting and you have to realize 2 things:

1. Mixing crypto is not illegal.
2. Fiat money belongs to the government.

When you exchange crypto to fiat, it's like accepting government's ToS. You agree to use THEIR money and you must obey all laws regarding it. As long as you get crypto, for instance by gambling in a casino, participating in a signature campaigns, giveaways, raffles, you can freely mix it. You cannot be sentenced for using a mixer!

What is illegal then and when can you be taken to court?
It becomes complicated the moment you exchange bitcoin to fiat money. When you do it, you sell your mixed coins that can technically (but don't have to) come from illegal sources, into fiat money, that is supposed to be clean and legal, and doesn't belong to you. This is the important part, a fiat owner is just a user, but the government is in control, unlike with bitcoin where you're the user and the owner. By exchanging (potentially) dirty laundered coins into fiat, in the eyes of the government you're tainting that fiat, THEIR fiat.

Same here, although I did not buy the car with 100% BTC, I used BTC converted to fiat to finance about a third of it in 2021 and the money came from a sales in a wide range of 25-50k as I was doing a reverse DCA. Anyway, the average price was probably 35k, so it was possible to get 2x out of it and get the car with half spending only half of the bitcoin that I did.
It wasn't a Ford though, I feel like that's an achievement all things considered.

I still did better than my friend who bought a computer in 2016 by selling some of his bitcoin. It came out to be one of the most expensive computers in the world as the price was around $500.

Congratulations on the house, OP!

I've always simplified this for myself,. especially when I was younger and did not fully understand how the money works, but it comes down to a few simple points.
Make money that everybody uses and other countries value as much as their local currencies, make sure they do what you do and you eventually end up with almost unlimited possibilities.
Say you want to buy something big, like a new weapon from another country or very expensive technology. You just print some money and give it to them, or better, you promise them money and hope they don't need it right now. They'll think they have money and be happy. You'll have the product without spending anything. What would you want more?
When someone finally calls your bluff and demand money, you'll either print it, or borrow from someone else, who think you're still wealthy and trusted.
If you run out of option, you can always print enough money or send enough soldiers to destabilize another small economy, like the US tried to do in Vietnam, Cuba, Nicaragua, Iraq, Afghanistan, and most recently in Ukraine. It's always a good way to turn heads away from your internal problems by inciting a conflict somewhere else.
 

It is, but this is like choosing between drinking vodka or drinking beer. You will eventually get drunk, just that vodka will most likely take you down faster, but it also depends on the way you drink.
An apple phone might be less exposed because there's simply more malware being targeted at android users, but holding bitcoin on a phone is a bad idea, regardless of the manufacturer.

You could say that windows is more dangerous to use than iOS and linux is the safest, but that doesn't mean linux users aren't getting hacked. It all comes down to how you use your computer.

He seems to think that if he has one account, uses it for some time, then makes another account and plays with both, only that new account will get banned from the platform and his legacy account will be spared... This is a place where we could add the good old "genius" meme.


They allow you to deposit because people often log in with VPN and the system doesn't clearly show the casino if the person has more than one account. If you create a second account using a different name and email address the system will not flag it right away and will often let you deposit. If you play using only 1 account and the second one remains inactive most casinos will not ban you, but rather blame it on a mistake, wrong login, lost password, and so on, but if you actively use both accounts you will get flagged sooner or later.

What country are you playing from, OP?
What country's IP were you using?
Did you use a VPN?

I've asked this on one of these threads and according to a representative of one casino, they couldn't give us any details because this could undermine their operation and make it easier for scammers. Imagine that! They won't even say how many accounts a person accused of multi accounting had because it's sensitive information.


I feel like at least some of them deposit money to a crypto casino, get their account blocked/suspended and they google "xxx scam" like in this case it would be "sherbet scam" and one of the links to come up is bitcointalk scam accusation board, so they make an account and write a complaint. It's pretty understandable for people writing these posts to be newbies on bitcointalk.
Of course a lot of them will be scammers themselves, but we're here to help them get some recognition and at the very least an explanation of what was it that got them banned.



So, let's be transparent here, OP. The casino claims you've been withdrawing hundreds of USD before that one bet that was denied, yet you've posted that you've deposited $600 and were denied $1200.
What's the truth here? Did you post the screenshots this way to make it look like you were at a loss and make us defend you? Why did you lie about not being given any explanation by the casino?

Do Kwon wasn't superbad, rather supergreedy. Somebody should tell his prison guards to frequently perform strip searches as he might be hiding a micro sd card full of people's crypto
Also, I'm not surprised he got caught. The license expired in 2008

He wasn't very smart. According to the news, he was using a Belgian and a Costa Rican fake documents. Somebody should tell him there aren't many people who look Asian in Costa Rica, and he'd have a better chance posing as a citizen of an Asian country.

If they keep providing instant withdrawals and no KYC they won't have problem attracting players. The only thing I'd worry about is a possible money laundering accusations towards the casino. That's why casinos often restrict people from certain countries like the US because the US likes to sue businesses that allow Americans to play without KYC. Sooner or later they will start blocking your site and trying to get to you. For now it's fine because you don't have enough money coming through to show up on their radar.


Is this a thread about Fairspin?

It even gets better. For instance, Bodog is a very old and well known casino. It was established in the 90s and the owner is the one and only Calvin Ayre, who had some problems with the law and then decided to support a scammer faketoshi in his court cases. He had his hands in the BSV shitcoin as well. Despite all that, the casino isn't new. It's probably one of the oldest on OP's list and was available online long before bitcoin was invented.

This isn't surprising at all because pastors are more loose when it comes to rules imposed by the Church. They don't practice celibacy, often divorce their wives, have illegitimate children and so on.
The fact that he gambled and decided to live a different life only shows that being a priest wasn't the way of life he always wanted, but instead it was the easy way for him. He wanted respect so he became a religious leader, but now he can buy respect. He doesn't need to be humble. I'm not religious myself so for me it's easy to understand that many people who hide behind religion are in fact shallow.  

Is that Turkey?

The view is stunning that's for sure, but we had a nice warm couple days in Europe so I had some fun outside myself.

Come on, if you're a Luna holder after Do Kwon dumped everything and went into hiding and after there was an international warrant for his arrest, you must be either an idiot, or in love with that shitcoin.

There's no either, or here. Scammers should always be held accountable, that's it, period.

I don't think we need AI to congratulate winners, or cheer for them. A simple script can do that as well.

What AI can do best is two things. One is calculating odds and house edge if that's not clearly visible for the player. It can also predict the average outcome of the next 100 games in the given casino. This can be good for players, especially newbies and bad for casino owners as it puts all cards on the table, so to speak.
The other thing is going through the internet to find all comments about the casino and its old exploits. If the casino was involved in scamming but made sure this doesn't come up in searches anymore, the AI can still find and validate it.

It's not worse in the falling markets, but worse in rising markets. That's what the article from your first link proves. The author invested a lump sum and DCA into the S&P over a period of a few years where the market was rising, so obviously the lump sum investment gave him much greater returns. I don't get why these people try to prove a point by doing such obvious experiments.

OP, your DCA strategy didn't work well because you sold part of your investment at a random time. DCA is a great strat when you don't know where the bottom of the bear market will be, but you want to accumulate anyway. It doesn't work well when you keep buying and selling before the market turns around.

My DCA strategy focuses on buying during the bear market and selling the same way by slowly doing a reverse DCA into fiat money in a bull run.
How do I know when there's a bull run? Usually a good indicator is breaking through 50% of the ATH. I did that in 2018 and 2019 where bitcoin was below 10k. That was almost a whole year where I did my DCA. When we broke above 10k USD I begun to slowly DCA back into fiat, but when we fell below again and went to 4k in 2020 I was buying. Then again, when we broke above towards 20k I was DCAing back to fiat and then slowly all the way to the ATH in 2021. When we went below 40k USD I stopped selling and waited for the market to show me what to do. We went to 30k so I started buying again. 

Serbia or Montenegro, he was standing out there like a sore thumb. There's not many Koreans in Serbia, just like there's probably even less of them in Montenegro. It's esy to spot a guy that looks foreign and the police has a list of fugitives so it's only a matter of time before the guy looking Korean and not speaking the local language is arrested.

As much as I don't like authority and government intervention, Do Kwon deserved to be put in jail. I hate scammers even more than governments. I hope he's stripped of all his money and made to work to pay up his victims.

Maybe I'm wrong, but according to the rules this should include Snoop and Roobet, not just Roobet.