Don't think that normal businesses have no fraud, they also steal hundreds of millions, banks do it, businesses of all types do it, investment businesses do it. Just because the headlines are like that for crypto it doesn't mean it only happens here. There is MASSIVE fraud out there not involving crypto, billions and billions of dollars, if we knew the real figure it would make the 1.2b seem like dust.
Frauds are everywhere online and offline and this is one big reality the modern world is facing. There are now more fraudsters, hackers, scammers, thieves and similar people than any other time in human history. The snake that pushed Eve to ate the other tree in the garden had produced so many offspring and they are now populating the world...and right they are getting in love with cryptocurrency as the possible stakes are really good. Hell, even North Korea is also taking a big slice of the pie on the stealing market. The only reason why loss in the world of cryptocurrency can always land in the news is because cryptocurrency is something new (in comparison to the fiat system) and something new can always arouse more eyeballs. I doubt there are ''more'' fraudsters now than before. The biggest difference is the ability to conduct frauds now vs before. Clearly it's much easier now because you have the benefit of anonymity and massive reach through the internet. Hundreds of years ago it was much harder to conduct any type of fraud and you needed a lot of creativity to do it but I'm sure if anyone had access to do it, a lot more people would have done it than compared to now. |
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Gambling with bonus is a great way to try out a new gambling platform, most of the sites where I have signed up, did have some kind of free bonus to kickstart my gambling.
Faucet, i think is a strategy by online casinos to let their customers feel/try their games for free thus enticing them to bet with bettor's own money if they are already comfortable with the site. @XinXan My question is, sites offering free bitcoins, are they legit? They are legit, of course, the ones I have listed on the OP are totally legit, Freebitco.in being the best one when it comes to free Bitcoin since you actually get the full amount with no requirements whatsoever, you can withdraw your free bitcoin at any time but there is a min withdrawal amount. You can also gamble with them at any time and withdraw winnings at any time, no roll-over or other requirements aside from the min. withdrawal. |
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1.2 billion is nothing compared to other industries. According to TransUnion, back in 2016 the E-commerce market lost 7 billion dollars because of fraud in the US, a figure that it's expected to reach over 30 billion dollars by next year[1]. But the mainstream media won't say anything about this, the guys pulling the strings behind the scenes in these news sites only want the general public to have a negative perception on cryptos...Bastards. 1. https://www.transunion.com/blog/trends-in-retail-fraud-what-you-need-to-knowDude, Bernard Madoff alone stole $65 billion with his Ponzi scheme and that's just one single individual, fraud happens everywhere, it's not really easier to do it in crypto. |
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I just wish that it's the start of massive adoption of Bitcoin and investors are really into accepting Bitcoin for good.
Bitcoin's popularity has been starting to reach every merchant and we can't control it since Bitcoin itself speaks for itself not just because it's profitable but it could also be another way of making things lighter and easier.
I don't know why people keep saying the same buzzwords, ''massive adoption'' etc. There has been massive adoption already and it just didn't work, Bitcoin doesn't work as a normal payment method right now, Steam was using bitcoin, biggest videogame platform for PC and they had to stop because it wasn't worth it, Microsoft offers bitcoin as payment, the adoption is already there, what do you really want? |
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Basically gambling only with bonuses is very difficult to do because yes, the rollover side is what makes us need a lot of time and high level of luck because each bonus has a very difficult level of difficulty to achieve. Those of you who only play for free time will likely be interested in these bonuses, but those who seek profits quickly from gambling will be better off making deposits and will only waste time if you only rely on a bonus.
The name is bonus, only desperate people depend on bonus profits. there are a number of conditions to get a bonus, and to achieve that condition you might experience a lot of losses, it is not worthy of chasing bonuses and forgetting tangible benefits dude.. Desperate people depend on gambling to win money anyways. Bonus profits are for people who don't want to risk any money while still gambling, the risk:reward is good since there is no risk. You will end up losing real money if you play with real money, isn't it better to do it with bonuses? |
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My believe is; whatever is tested and trusted cannot be silent by any human or group of nations just becasue they hate the said project or product or service. Bitcoin has proven its worthy of sustaining the global world from hoax and many good investors have joined the journey with Bitcoin, so, nothing than surprises from investor we all will be hearing from them. More Tech. will find their way into the world of Bitcoin likewise reputable figure in the society.
The issues with investors/venture capitalists/tech companies is that they make all of these startups that they dump full-moron amounts of money into, and then the startup collapses and the cycle begins all over again. There is no logical rhyme or reason for it aside from throwing money at a project and hoping that something sticks. I hope that they can come up with a decent company for once instead of the constant heaps of half-baked ideas that can't be monetized, but my hopes aren't too high. There's a chance that there will be a large benefit from the investments into cryptos, I guess, but my hopes are not high. The blockchain will probably be the most "important" asset that they can take away from cryptos overall and turn into a product, but they've also been at this for years so I won't get my hopes too high. If you are talking about crypto startups, you should know that all startups, crypto or not are very likely to fail, statistics show that after a few years, 70%+ of startups end up dying. It's not because they are scam, it's simply because they can't do it anymore, the idea wasn't good enough, too difficult, etc, there are a ton of problems so if it seems that ICO's fail too much, not really. Oh I know that it's all startups in general, I didn't mean to imply that only crypto startups fail. I've known far too many startups that can never actually monetize their ideas and just accept their death after the founders got their share and exited the scam. That's how it is with basically every single startup, sadly. ICOs are probably way worse than conventional startups for overall failure rates at least, I'd say that way more ICOs are scams across the board. That's why I'm skeptical about these "investors", I have a feeling that it's going to be more scams and failed businesses. The failure rate is higher yes, last time I checked it was like 20% higher or so, that's including scams. Clearly it's easier to scam in the crypto space than in a normal start-up, however the statistics are also skewed mainly because 70-80% of the scams are extremely small and there are ICO's that received no funding and were considered scams/fails even though no one invested so we can't really trust the statistics that much, there are clearly a lot of ICO's that do well and actually have a product behind them. |
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Don't think that normal businesses have no fraud, they also steal hundreds of millions, banks do it, businesses of all types do it, investment businesses do it. Just because the headlines are like that for crypto it doesn't mean it only happens here. There is MASSIVE fraud out there not involving crypto, billions and billions of dollars, if we knew the real figure it would make the 1.2b seem like dust.
There are no professions and fields that do not exist fraud and scam. In comparison, traditional economic sectors such as finance, industry and services have a huge percentage of frauds compared to crypto. You think which currency is used to make the world's most money-laundering, inflation, and fraud tool. Yes it is fiat, namely USD, not something else. They are just exaggerating the news about crypto and turning it into a kind of money for criminals. There are individuals out there that have stolen more money alone than in the whole crypto space. Obviously criminals have existed and done this since forever, long before bitcoin existed, just like terrorists had enough funding long before any kind of cryptocurrency existed, these headlines are just clickbait, exaggeration to attract viewers. |
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Don't think that normal businesses have no fraud, they also steal hundreds of millions, banks do it, businesses of all types do it, investment businesses do it. Just because the headlines are like that for crypto it doesn't mean it only happens here. There is MASSIVE fraud out there not involving crypto, billions and billions of dollars, if we knew the real figure it would make the 1.2b seem like dust.
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My believe is; whatever is tested and trusted cannot be silent by any human or group of nations just becasue they hate the said project or product or service. Bitcoin has proven its worthy of sustaining the global world from hoax and many good investors have joined the journey with Bitcoin, so, nothing than surprises from investor we all will be hearing from them. More Tech. will find their way into the world of Bitcoin likewise reputable figure in the society.
The issues with investors/venture capitalists/tech companies is that they make all of these startups that they dump full-moron amounts of money into, and then the startup collapses and the cycle begins all over again. There is no logical rhyme or reason for it aside from throwing money at a project and hoping that something sticks. I hope that they can come up with a decent company for once instead of the constant heaps of half-baked ideas that can't be monetized, but my hopes aren't too high. There's a chance that there will be a large benefit from the investments into cryptos, I guess, but my hopes are not high. The blockchain will probably be the most "important" asset that they can take away from cryptos overall and turn into a product, but they've also been at this for years so I won't get my hopes too high. If you are talking about crypto startups, you should know that all startups, crypto or not are very likely to fail, statistics show that after a few years, 70%+ of startups end up dying. It's not because they are scam, it's simply because they can't do it anymore, the idea wasn't good enough, too difficult, etc, there are a ton of problems so if it seems that ICO's fail too much, not really. |
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I do not think it is possible to play gambling with bonus only. Because gambling sites do not offer a lot of bonus. So I think it's better to deposit money by gambling well. Because it can be played gamble for a lot of time. A little bonus can be played but it does not get much fun. But yes, many people just gamble with bonus.
Thank you
Of course they won't give a lot of bonuses, if so people won't play the games but only wait for the bonuses then withdraw it. Bonuses are a way to lure people to play, to attract their curiosity and addiction so that they will deposit some funds to play again and again, not to let people stop. Well yeah, clearly from 1000 people that play the bonuses, perhaps 10-20 make it to the end and from those 10-20, maybe, 1 or 2 actually stop playing and withdraw the money, the rest will keep playing until losing. The rest will lose the bonus and 30-50 of those will most likely deposit their own money so they get their money back and profit EASILY from bonuses, now you can certainly be one of those 10-20. The chances are low, of course however they are not impossible, you just need to hold yourself and withdraw it once you hit it. |
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As you can see, FUD has no impact anymore or it's really small, recent Tether FUD barely affected the market and it's certainly quite big. Finally Bitcoin and the other cryptos are becoming decentralized not reacting to any small piece of news, specially FUD, hopefully this way we can see steady growth over the next years.
A lot of it came down to the fact that everyone who was susceptible to FUD were also those who were brimming to get to the ATH again, back when the ATH was about $1,000. Now that all of the emotional investors have been more or less priced out of the market, they have a much smaller impact on the price and FUD lost a lot of its power. I'm hoping that we can see a steady growth trend in the future, but time will tell whether or not that's what happens. There used to be some major swings over little bits of information too. You'd easily see a hundred or so dollars disappear at the mention of China and Bitcoin in the same sentence. I'm just glad that basically, all FUD has become little more than a discussion point within the community, with a very minor impact on the market, if any at all. For sure the recent crash got rid of all the occasional, optimistic, crazy investors and only the holders / pro traders stayed. As a trader you profit from bull moves as well as crashes, a lot of people profited A LOT from the crash in 2018. Clearly the market is now turning bullish again, the cycle repeats, we will probably hit a new ATH, FOMO will most likely come back again and another crash will, again, most likely happen. |
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Failing of tether doesn't mean anyhting for bitcoin. Only the fud it create would harm bitcoin's price for a short term. In long term tether is just an altcoin nothing more.
Yes, it did affect the price but the market has bounce back ever since. actually people are misunderstanding things (mostly because of FUD) when it comes to Tether and bitcoin price. the fact is if (and when) tether disappears bitcoin price will drop (as we see recently with the problems that Bitfinex is facing, and as we saw in 2016 when Bitfinex got hacked) but it won't be because bitcoin relies on Tether or its price is rising because of that (both of these are FUD). the only reason why price drops is because of the drama that it causes in the market and that creates panic and people sell when struck by fear in this market. No. The last time USDT crashed, Bitcoin exploded and went up, seeing 25-30% gains on most exchanges, mostly because people are forced to exit tether. You are forced to ''sell'' Tether for Bitcoin and so you will sell your tether (buy bitcoin) at any price, essentially you are pumping the market because of it, again, that's what happened last time. |
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As you can see, FUD has no impact anymore or it's really small, recent Tether FUD barely affected the market and it's certainly quite big. Finally Bitcoin and the other cryptos are becoming decentralized not reacting to any small piece of news, specially FUD, hopefully this way we can see steady growth over the next years.
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I remember trying freebitco in my early days in cryptocurrency. I got some bitcoins via the faucet... As newbie, I thought those were worth a lot lol . I played freebitco dice games few times with some of the bitcoin. Never considered it as gambling then.
Freebit is a great example for a gambling site where you can gamble with house money only and then withdraw your winning, I found this site to late so I have never withdrawn any BTC from Freebit! That looks to be impossible, how could the house generate income from gamblers if they are just doing it free and give the winning jackpot once someone will win. It sounds to be one of a scam site or if not, it pretty sure that gambling site won't last any longer. No, it's still existing and one of the oldest faucets that I use to claimed free dust satoshi, you can earned from this site especially if you have lots of referrals and most of them are also active to do the same, they are getting profits from traffics and from players who also play with real money, plus the house edge that really the milk and butter of the site, you can check the thread here and review the site if you have some time. People lose money regardless, 99.999% of players are greedy enough that even if they manage to win 100k, 0.01 btc or more starting with dust they will lose it eventually, anyhow I personally have gotten 500k satoshi or so starting with a 3000 sat balance on freebitco.in They do pay and are totally legit, they get a lot of money from whales, there are plenty of whales gambling with their own money and throwing dozens of bitcoins which pay for millions of free rolls, ads too. |
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The biggest issue I see with crypto casinos is the lack of any regulation. Sure checking your bets and using the provably fair system is great, however, the risk is them running away with all the money, not just from you but from anyone, getting hacked is also an issue and not only in crypto casinos but also exchanges, as we all know... I'm hoping to see more regulated casinos with time, regulation + provably fair system would be quite amazing, I would be confident enough to deposit large amounts of money and gamble with it, even though I'm poor.
Since most casinos that are crypto base cannot be regulated did you think the scamming one will keep not keep coming out? I think we would need more security tokens that will provide a way to checkmate most of the cryptocurrencies business in other to reduce loses among investors through scam. Well if they cannot be regulated, they shouldn't exist. Cryptos are good and all that, I'm all for decentralization but that also means your funds are not safe unless they are in your wallet. We should have some sort of decentralized casino that uses smart contracts so you are always in possession of your coins somehow. |
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Barcelona want to lock the LaLiga title this season so that the win is the last choice in today's match
Barcelona have several important matches in the Champions League so in this way they can avoid the fatigue of the players
LaLiga title will surely go for Barcelona based on their current point on the table, they are also looking forward into the Champions League with Liverpool. Although the two team are better team with good players but the best will take the day between the two club. Barcelona has the greatest chance to win the game if they strike better than Liverpool. Barça hasn't been playing that well, however Madrid has been horrible all season, even after changing to Zidane, they are clearly in a downfall, they need to do something fast, it's embarrassing to lose so many matches against really low teams that would have been no match for Madrid last year. |
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The biggest issue I see with crypto casinos is the lack of any regulation. Sure checking your bets and using the provably fair system is great, however, the risk is them running away with all the money, not just from you but from anyone, getting hacked is also an issue and not only in crypto casinos but also exchanges, as we all know... I'm hoping to see more regulated casinos with time, regulation + provably fair system would be quite amazing, I would be confident enough to deposit large amounts of money and gamble with it, even though I'm poor.
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With sports betting you can beat the bookmakers, you just need to know what you do and have a little luck with your bet. Here where I live they often double your money, up to around $150 on your first sports deposit, then you need to gamble that new money 2 or 3 times to an odds above 1.5, and then the money is yours. Most bookmakers also give free bets some gives free bets each week other bookies just around world cups and other major sports events.
I have walked away from all the local bookies with more money than I deposited, including 888sports, that wanted me to gamble there 2x deposit money 10 times in less than 60 days.
No shit and if you know what you are doing you can beat poker players too or the market and trade. ''Knowing what to do'' however is actually really hard, 99.9% of people lose money in the long run even in sports bets because it is extremely complicated to be able to profit from it long term and you really need to study it. This thread is an easy way to gamble without losing your money, it's obviously hard to meet the wager or rollover requirements but it's still free. |
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It is totally risk-free but the amount of work that is needed to be done before you can all the bonuses from the is a lot. A lot of gambling bonuses usually comes from a deposit bonus which they give a bonus until you manage to put XX amount of bet. Stake has an easier bonus that they give away each week, so I think that this kind of strategy works best with Stake casino.
Why are you calling it ''work''. If you wanted to gamble, you would be doing the same thing, gambling. You are gambling not working, it's literally the same but without risking your own money. A lot of bonuses might require you to deposit money but there are others that don't so you would use those. Freebitco.in for instance let's you claim free bitcoin every hour which you can use to gamble, in fact you can easily eventually earn 4-5k satoshis per day and use them to gamble for free. |
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Bitcointalk Name : Xinxan
Rank : Hero Member
Stake Name : XinXan
Wear signature & avatar : Yep
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