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What about the small businesses like micro earning sites, survey workers, or freelance workers then? Are they going to boycott them as well if they found that there website is publishing some bad advertisements or may be there was a survey which was connected with the company which PayPal does not like? That's funny because it is too restrictive and is not worth it because PayPal will surely loose big user data base after this. PayPal is already on the negative list of users because there had been lot of chargebacks for the subscriptions of simple play store apps and iOS apps. All you need is one complaint and they will just chargeback without further confirmation. It's really sad to see more stringent rules being enacted by them.
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Yeah very smooth concept. Send this article to the SEC and CFTC because they are fighting over which coins are securities and whether they should be controlling it or they should be forming other organization for the same. We can throw some coins like that and ask them to control those so that they can leave bitcoin alone and for us to use peacefully.  This statement is coming out of the recent discussion that we had in bitcoin discussion over SEC fight as they think all the coins are securities and thus SEC should regulate it. This concept is up to the mark. Thats where the separation comes for bitcoin and altcoins. On the other hand now I highly doubt if Satoshi ever imagined that his world will be messed up like this? |
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Might be possible but we could have seen the results of this process on fiat production or even for the other energy needed stuff. What I mean is, we already know different ways to produce the fuels from wastes, for example, we already know how to make biodiesel from waste material, methane gas is literally thing of school project these days. However, sadly no subsidies are available for such projects which are more environmental friendly than ever.
Imagine if we apply same strategy for the bitcoin mining projects then we could be winning the world in no time. Pure energy based mining thus pure transactions. Feels like futuristic movie scene if you ask me.
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I kind of disagree with the statements you made. It does matter how much skills you have while trading in the volatile market such as this. People are so keen in learning different ways to trade that I have seen examples where they left their 9-5 jobs for this and they really turned their low level fiat life into fortune making machine with couple of years experience. Now let us consider that, it is really low window to master your trading skills then also one can get off the roof easily with dedication and acquired skill sets during that period.
However, it's not about having huge capital. In fact that's a big risk tbh. For example, with too much capital one can loose the control of investing money into the market. One could create buzzing portfolio. Or lets say someone is loosing the portfolio then they could buy more in the want of recovering the losses without any second thoughts since they have filled wallets right?
Thats the problem with bigger capital. It's not a solution, but it's a tender support.
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After reading it seems that community has mixed feelings regarding SEC and CFTC. Some of you even think that there should be even entirely new organization to control the crypto markets. However, it is still sad part because we have to use the word "control" for the new organization as well. In reality, no body should be controlling it. Yes, if they want to have taxes levied then they could do so on the transactions that are being done via banks. The crypto which is being sold for fiat should come under the legislations of government bodies or whatever they have plans with xyz entities. This will define "border" between the two worlds. Whatever happens in crypto space stays there while fiat, well it's traditional and on going matter. It could keep up the ecosystem running pretty smooth.
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Who is observing the current status of Freebitcoin site right now? Has anyone observed that they have high wagers going on as we speak. Man look at the Leaderboards on the daily jackpot and you will notice the difference for the same. I am seeing 5-10x more activity because of one sure thing and that's GT contest coming to an end.
Since only 8 days left for the draw, I am pretty sure fat wallets are now going all in to collect the GT tickets. Since it's better to wager the money and get them for the wagered money plus they also get RP's, Lottery tickets and increased base price its just magical!
The current top #1 guy has already wagered 11 BTC+
Damm, man 11 btc's?
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With all these bans and sanctions on Russia, EU is effectively killing themselves. The common people across Europe is understanding it while paying their gas and electricity bills, especially in UK. But that's not the agenda here.
Multiple countries in the world are very much willing to buy cheap Russian oil and Russia has already facilitated them to pay through Rubbles. Couple of weeks back, Russian central bank has started to experiment with cryptos as well. EU has no control there because multiple Asian countries are still buying cheap Russian gas and oil.
Russia must fall and stop the war. But the mistake EU is continuing with all these sanctions and bans, are going to hit themselves hard.
That's what the play here. EU is hampering themselves as the war continues. Though they are powerful together but they lack the natures power of getting daily fuel. The more they stretch it the more they gonna dig up the holes for themselves. Russia has advantage of geolocation and strategic partners across the asian continent so they are going to get money by all means for their crude oil. If this continues then EU will pay heavy tolls in the future when global recession hits with full power. But is it real sanction? Not really sure how EU can do it when Russian's money is not under their control. This is like like them once again trying to cap Russian gas when they are not in control of it. The escalation continues and they have not learned still that sanctions never worked anymore. But if this is real sanction though, it is like sanctioning all Russians including those civilians. Not just the fiat or transactions associated with it, but also the crypto. In fact crypto isnt in anyone's control still they are having so called treaties for all the bans and stuff. Seems nothing is going into right direction here. |
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An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories.
EU Council Adopts Full Ban on Crypto Wallet and Custody Services for Russian Persons
The Council of the European Union announced new sanctions against Russia on the backdrop of the deepening military conflict in Ukraine. The penalties, expected to hurt the Russian government and economy, come after Moscow took steps to annex the Ukrainian regions of Donetsk, Luhansk, Zaporizhzhia, and Kherson.
In a statement, the EU’s High Representative for Foreign Affairs and Security Policy Josep Borrell emphasized that the sanctions are a response to the latest escalation with the “fake referenda” in these four oblasts. Russian individuals and entities that have played a role in their organization will be specifically targeted.
Other Russian citizens and businesses are also going to take a hit, including those that deal with cryptocurrencies. The new measures include a full ban on the provision of wallet, account, or custody services for crypto assets to Russian persons and residents. That’s regardless of the value of these assets, according to the eighth package of sanctions imposed by Brussels.
This spring, when the EU approved its fifth round of such measures, the Council prohibited only the provision of “high-value” crypto-asset services to Russians and organizations registered in their country. The ban applied to digital funds exceeding €10,000 (close to $11,000 at the time).
New European Sanctions to Hit Russian Imports and Exports
While the earlier restrictions were meant to limit the transfer of wealth through digital assets and close other loopholes in the crypto space, a recent report revealed that pro-Russian groups have been actively using cryptocurrency, often in small transactions, to fund paramilitary operations in Ukraine. According to the research, they have raised $400,000 in crypto since the start of the invasion in late February. Russian authorities have also been working to allow businesses to employ crypto payments for international settlements.
With the latest move, the EU also bans the provision of IT consultancy and legal advisory services to Russia as well as architectural and engineering services. Russian imports and exports have been targeted, too, including the maritime transport of crude oil and petroleum products to third countries. The provision of related services will be allowed only if these have been purchased at or below a pre-established price cap, which is yet to be determined.
Among the other measures is a ban on EU nationals to hold any posts on the governing bodies of some Russian state-owned or government-controlled entities. The Council also decided to broaden the criteria under which persons can be designated as facilitating the circumvention of restrictions imposed by the European Union. The European Commission, the executive body in Brussels, welcomed the latest sanctions package. SourceI am not sure what is the agenda here but if you read it closely then it seems that EU's now trying to cease the "settlements" that are being done in the crypto payments for whatever imports and exports that Russia might do/did and somehow they are trying to block the payment pathways so as to stop back doors as well. However, as far as I understand crypto can't be stopped over a sanction because EU does not control the blockchain and neither they could track down whose payment it is and where is it going? As long as the payment settler is an entity, registered organization and be involved in the payments directly or indirectly, I am sure they can do so as they will have all the companies domain information and tack them eventually. But is it real sanction? Is it really going to affect the crypto transaction for Russia or any entity involved if they are saying so? |
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We had some but it turned out to be rat race for earning some quick bucks. I have seen the trend for big bounties going down since 2017. Being one of the user of various gambling sites I have always loved identifying the bugs and directly reporting it to the mods on their official website. However, this forum did take those bounties to next level by making them paid one. But as I said with the time they disappeared in the thin air! Not getting much of the attention because most of the gambling sites now have more or less external sources or developers to identify the bugs and they will pay you directly. I don’t know how much relevant this is here but mostly they always communicate through telegrams and will give you job directly if you are interactive and honest.
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This is one hilarious post now. You really think that casino like Duelbit would not take care of player like in nicest way possible? However if you are cheating the system then you would be taken down for sure. All I am seeing here is your account is still on and you can still play there. It might be case that you have won lot and Duelbit yet to get back it’s “house edge” % to stay alive ahead of casino wide losses. Most of the time this automatic but in your account it might be possibility that you have interfaced rather than played the casino honestly.
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Won the lottery only once, something like 6th place max, so it wasn't very much, but it's still more than I've ever won in a normal lottery back home, which you actually have to pay for, so not for nothing. It wasn't even with much, and I've easily had 6digit amount of lotteries plenty of times and in the last round I had over 25k at least, forgot to check nearer to the draw. It is what it is  @swogerino 48 GTs now, so I've more than doubled my chance lol. Well done mate,it looks like you have gambled and wagered a lot or maybe you had a lot of WoF spins saved for this date,I am still at 82 because I have not wagered anymore since I won the 50 GT prize ticket which I think is the only time someone has won it here from the moment that WoF were introduced. Great to hear also that you have won once the lottery although it was not much,it really makes you feel special to have a place in the top 10 out of 50 million users. Then you are probably the second person who won GT's from the WoF. I have already had 50 tickets in the last cycle and I was more than happy to see them because in reality it would cost me 50 x 0.00025 btc to buy them all. It's big amount of money at the time and then bitcoin was almost 20-30% than the current rates. Though it was pretty costly affair, I did not win the GT contest and frankly those are really really low odds to win this contest. However, on freebitcoin only one stuff to remember all the time, never give up, you will have your chance somewhere. May be we will win GT, may be lottery, may big load of satoshi and RP's from WoF. This way or that, freebitcoin keeps giving me. <3 |
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto spot markets and several bills have been introduced in Congress this year to provide the CFTC with the necessary authority.
SEC Chairman Gary Gensler on Crypto Regulation
The issue of which federal agency should regulate the crypto market has gained much attention recently. While the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has said that the majority of crypto tokens are securities and should fall under the purview of his agency, many people and lawmakers believe that it should be the Commodity Futures Trading Commission (CFTC) that regulates the crypto sector. Moreover, three bills have been introduced in Congress this year to make the CFTC the regulator of the crypto markets.
In an interview with CNBC Monday, Gensler responded to a question about who should regulate the crypto sector. The SEC chief explained:
Our agency is an agency that oversees this basic bargain. When a group of entrepreneurs is raising money from the public and the public is anticipating a profit, they need disclosure — full, fair, and truthful disclosure, and that’s the core bargain in our capital markets.
The SEC chairman continued: “You get to take the risk but the person raising money or the persons raising money has to disclose various information to you. That’s how our capital markets work best, and the SEC is very good at this and that’s what we do.” He emphasized:
The law is clear on this. I believe based on the facts and circumstances, most of these tokens are securities.
On Monday, at the Financial Stability Oversight Council (FSOC) meeting, presided by Treasury Secretary Janet Yellen, Gensler reiterated: “Of the nearly 10,000 tokens in the crypto market, I believe the vast majority are securities. Offers and sales of these crypto security tokens are covered by the securities laws. Given that most crypto tokens are securities, it follows that many crypto intermediaries are transacting in securities and have to register with the Securities and Exchange Commission in some capacity.”
Regarding the SEC collaborating with the CFTC, Gensler stressed:
To the extent that crypto intermediaries may need to one day register with both the SEC and the Commodity Futures Trading Commission (CFTC), I would note we currently have dual registrants in the broker-dealer space and in the fund advisory space.
Meanwhile, the CFTC has asked Congress for authority over the crypto cash market. CFTC Chairman Rostin Behnam explained last week that since the CFTC is a derivatives regulator, it does not currently oversee cash markets. Therefore, he has asked Congress for “cash authorities, so that we can go in the bitcoin cash market, the ether cash market, and the other digital commodity token [markets],” the CFTC chief explained last week.
He also said that the SEC and CFTC will have to “figure that out legislatively” because crypto is a new asset class. “There are different components and characteristics of this asset class as opposed to traditional asset classes,” Behnam said, adding: “We have to rely on 70-year-old case law to determine what’s a security, what’s a commodity.” SourceApparanetly it seems we have on going war over "who will control the crypto currency market" in between SEC and CFTC. SEC: Security Exchange Comission CFTC: Commodity Futures Trading Commission According to SEC, they believe that and challenged it, many coins/tokens available on the crypto space are nothing but the securities! This means according to Gensler who is Chairman at SEC, thinks his agency should be having full control over the crypto markets. However, on the hand, Commodity Futures Trading Commission is the committee which was formed this year so that they can regulate the entire crypto market. According to the lawmakers, since CFTC is already in place and made for crypto market itself then why SEC should be having any control of it? SEC Chairman's statement mentions:  This was counter proposed by CFTC with the request towards Congress that CFTC should be given authority over Cash Market. By cash market they mean: Bitcoin Cash, Ether Cash and Other Coins market cash. This way they control the crypto market. However they think, SEC and CFTC "could" work together by finding out some legislation in the middle.
Does this gives you feeling that Bitcoin / Crypto market is being dragged into the complicated control by Governments? Whether it's SEC or CFTC, they are literally ignoring the fact that crypto user like you and me is really into it because of privacy, freedom of banking and unlimited access. However, this is started to feel like intrusion of the same freedom now! |
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Are people really surprised because they don't win the lottery on the site? If you bought 5% of the tickets for a year, there might be some logic to the argument, but even if you kept buying 5% every week you could go many years without winning because of pure variance. Those of you who are surprised or complain that you don't win the lottery, what percentage of tickets do you have? 0.01% at most, I imagine. I think you have not seen the winner in previous rounds. I mean not exactly previous, I am talking about many many rounds in which we have seen users winning the lottery even with 40-100 tickets. Some of them might have won let’s say in the range of 100-1000 tickets but they had odds really really low. The variance is that they are either luckiest one or the users who don’t win had bad stars in the first place. Lolz. Anyways, Never take anything negative from this. Lottery is anyway free stuff if you don’t buy them with real money. Even if you do you are anyways increasing the base % of free roll, account gets added with more chance of winning. That’s why it’s free bitcoin site. Let’s assume we never win, but we will keep winning free stuff all the time. |
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Argentine Company YPF Luz Takes Bitcoin Mining to the Oil Wells
Cryptocurrency miners are always looking for new forms of getting cheap and convenient power sources to run mining operations. YPF Luz, a subsidiary of the state-owned YPF in Argentina, is running a pilot project to take advantage of flare or residual gas to power bitcoin mining operations. This project, which has been running for three months in Vaca Muerta, a large oil field in the country, seeks to take advantage of this gas, which would be otherwise be burned.
The gas in these oil fields cannot be taken to other sites to be used, so the only way is to bring interested parties to the zone. YPF Luz already has a series of customers that pay for this kind of power, which is being produced on-site with generators installed during the oil well drilling phase.
Martin Mandarano, CEO of YPF Luz, stated:
This first pilot, which is already operating, operates with 1 [megawatt] of generation and a second project is being developed simultaneously to start operating before the end of the year, with about 8 MW, in the Bajo del Toro area.
Customers and Modus Operandi
Mandarano also referred to the relationship the company has with these customers, and how they pay for this generated power. The payment varies, and is sometimes tied to the price of the asset mined on international markets, and sometimes the price is fixed by the company. However, he did not specify the conditions in which a company would pay in one way or the other.
Given the nature of the operations, the equipment must be moved to new locations when the drilling of the well in which the generator is installed is finished. However, this is no problem, because the equipment is designed to be portable and modular to be able to be carried to other locations quickly.
Mandarano clarified that this new focus is part of an atypical solution to the power problem. He stated:
We are taking the demand to where the supply is, in this case in Vaca Muerta, when normally the supply is elsewhere, hundreds or thousands of kilometers away, for which it is necessary to build transmission, which is precisely one of the infrastructure problems.
Other big mining companies have already established a presence in Argentina, like Bitfarms, which recently started operations in a facility located in Rio Cuarto. Source
Just an amazing news article I was reading earlier this noon. I am impressed the way this subsidiary is working to generate the business using the very natural fuel and instead of considering it challenging to get this fuel piped somewhere else due to unfavourable conditions / far off location they literally managed mining operations to bring in the area and supplying them electricity right from their burners. This is like creating mining hub near to energy source to reduce the costs like building up huge gas processing station, pipes carrying them thousands of miles away into the city, extra labour to work on maintenance and much more! This has surely brought down the cost of electricity since it’s being produced right at location and supplied to just handful distance. Overall this seems to me intelligent way to push the mining operations. Do you feel this Argentine based Subsidiary could start revolutionary way for miners and bring up Hub like structured all over the globe where feasible natural energy sources are available? |
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regarding to that matter , Yahoo opened up new Signature campaign in regards to their "New Sportsbook" https://bitcointalk.org/index.php?topic=5415844.0Looks like Winz.io is truly willing to enhanced their site and lure as many gamblers as possible and with this new sportsbook , Maybe finally I will try playing and betting in Winz , coz I have several favorite casinos but now with this sportsbook will love to try and experience their site. They are already popular for their “free spins” every week and truly speaking no other casino is giving away such free spins on weekly basis that too “without wagering” requirement. Imagine this system could be used to manipulate accounting but they are managing smoothly and running it since then. Moreover, I am also seeing various advertisements on different networks like the GPT and Freelance sites. I am not sure if it’s Winz themselves or affiliate peoples but yeah saw an ad today morning itself. Great work guys, keep it up. |
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3x reward points (RP) promotion starts in ... (6 RP/free roll, 3 RP/referral free roll, 3 RP/multiply roll). Does it mean that user receives 3RP for each roll, or 3RP for 500sats? 3 RP for every 500 satoshi you wager, usually when there is a promotion like this it is used as a time when players gamble more actively to accumulate more RP, but I prefer when the prize is 4RP or 5RP, 3RP to low I think I also think in general for small users,people who do not gamble a lot 3x is not very inviting and also 2x but 4 or 5x is good for everyone.However for whales that can gamble 0.10 Bitcoin which in wagered amount translates to 1 Bitcoin considering a 10x minimum from my personal experience with small amounts but with that huge amount can even be 15-25x and 2.5 Bitcoin wagered gives you a hell of a lot in everything so even the 3RP in this context is a good one. Damm, your wallet must be filled with lot of money. I mean, for me even on a good day I am only able to wager nearly BTC 0.002 max and that too with either low multiplier like x1.20 or something most of the time while higher multipliers like 4-6 few times in that wagering cycle. This gives me what like 200k/500 sats wagered and on 3x day it amounts to only 1200 RP's. Now let us not forget that in the process we loose hell lot of money on the multipler wagering. But I am more than happy to do it since we keep accumulating small amounts anyways. So no hard feelings for the freebitcoin. If it's 3x then just jump in. |
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Other coins has got nothing to do with the bitcoin and its stability (?) which is not gonna be stable ever as mentioned in the first post. The only relationship bitcoin and other coin has is related to the pairing of the coins and measuring the value of other coins in terms of bitcoin/satoshi whichever is most feasible. We just keep trading the coins against btc and that's why their volume is always interdependent and this is also main reason as to why altcoin follow the similar trading pattern when bitcoin falls or goes up. Besides this there is no way bitcoin is going to be stable, it's a myth.
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Oh yeah this scam, nothing new. In fact I’m so used to it that if someday Real vitalik publishes such giveaway then also I won’t believe it. It’s like I have switched on ignore butting for 100,000 ETH on the Twitter. There is no point in believing in such stuff and I am sadden if anyone or even a noob is falling for such trap. First thing first, this is internet world where nobody sees no one and it’s literally net of trap! If there is any positive news, like even if some celebrity is giving birth then these scammers will turn that news into profit making machine. By the time scams are exposed many people get scammed. Better self learn and keep teaching others to stay away from these. |
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Most funny statement I have ever read. That's compulsory failure from white house and it's vision regarding the digital dollar. USA is country where most of the old people live as compared to young minds. They respect their traditional ways of banking and that's cash! I am not at all sure how they gonna implement the digital dollar if the main customer that is their citizens are not going to use it anyways?
El Salvador, the country in central America is big flop example for this one. It was declared as bitcoin acclimatized country, but sooner we saw what happened with the response from the locals. They don't want solutions for the existing ecosystem, they want liberalization of wages, employments, health faculties and much more.
Implementing Digital Dollar means nothing to these things but only way to get over bitcoin. Better they spend the money for improving day to day lives.
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