I don't think it's a big deal if people use the Bitcoin protocol to create different things. It's open source, so anyone can do whatever they want with it. And honestly, I'm cool with there being a bunch of centralized exchanges, as long as people can choose which one they want to use. Ultimately, the market will decide which ones succeed and which ones don't. It's kind of like how multi-party democracy works in many countries.

If there was only one entity that controlled everything in the Bitcoin ecosystem, then that would be an example of centralization. It would mean that all decision-making power and control would be concentrated in the hands of that entity, and users would have little or no say in how the system operates.


I totally agree with you! But still, everyone should be able to choose what works best for them. Some folks might be into DEXs, but others might prefer centralized exchanges 'cause they have some cool perks that DEXs don't. It's totally up to each person to choose which exchange they wanna use based on their own preferences. The same goes for payment processors used by merchants and other services on the Bitcoin network. And that's one of the great things about open source - it allows for a variety of options and choices for people to use and benefit from.

Bitcoin and many other cryptocurrencies are meant to be decentralized, meaning that no single authority controls them. That's what makes them so unique and trustworthy. Introducing a centralized institution to oversee new projects could be seen as going against that principle. Any solutions to address scams and fake projects should be done in a way that doesn't compromise the security and integrity of Bitcoin.

We don't care either, so why this topic?

By the way, DireWolfM14's negative feedback on your account was within his rights and consistent with the standards of this community, and I think it was justified. If you don't like it, you're welcome to seek a loan from another source.

Hahaha! You have a great sense of humor!

I'm not sure what your investment portfolio looked like in 2009, but it's safe to say that Bitcoin wasn't a part of it at the time.

Have you tried contacting the customer support of the platform you sent the funds from? What do they say?


May I know how you were able to track down the Litecoin wallet (presumably the address) where the funds are being held? It's worth noting that it's possible for an address to receive funds even without a corresponding wallet created for it. This means that there's a chance that the funds might have been sent to an address that no one has access to.


It would be best if you directed that question to the platform through which you transferred the funds.

Yeah, that's right. The address is actually for an office building in Hong Kong that people can rent office space or virtual offices with all the business and administrative services. But here's the catch: without the full name of the company, they won't be able to receive any mail or packages. Loads of other businesses and offices are also located there, so the courier won't know where to deliver your stuff without the specific company name or office number. I have a feeling that they simply copied the t&c from another website, and then removed the company name from the address but kept the rest of the information.



It seems like the guy wants to keep his identity hidden, which is kind of weird considering that they are giving out a physical address for the company.  

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Oh, I see. You're just going to completely ignore all the serious questions being asked here? Well, that's just fantastic. I mean, why bother being transparent when you can be as shady as possible, right?

Yeah! It's quite common to see this on this board. Many users tend to respond to posts without taking the time to read and understand the actual topic of the thread. It can be frustrating to see this kind of behavior... 

And to answer so98nn's post, last time I checked freebitco.in has no wagering requirements on our deposits. (We are not talking about bonuses here.)


+1

As for merit, I've got you covered.

Newdice, you continue to avoid answering some important questions regarding your gambling site. For example, why is the chat filled with bots and it is impossible to communicate normally with other players?

Check out these screenshots:



Can you explain that?

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edit: fixed images

I'm not certain about this. Even if we carefully read the terms and conditions, it may not make much of a difference if the casino is indeed a scam, as you suggest. After all, a scam casino's main objective is to deceive players, and they will do so even if their rules say otherwise. The 1xbit scam is a prime example of such a fraudulent casino that frequently scams its players. Unfortunately, even if we follow the rules, they may still accuse us of breaking them without providing any proof.


Yes, it's always a good idea to research a casino site thoroughly. This includes looking at reviews from other players, not just reading their terms of use and rules.

Actually, that's not entirely right. It is possible for a Bitcoin block to be mined in as little as a few seconds or as long as several hours, however it is quite rare for blocks to take less than a minute or more than an hour to be mined.

The Bitcoin protocol is designed to adjust the difficulty of mining blocks approximately every two weeks, in order to maintain an average block time of 10 minutes. However, due to the random nature of the mining algorithm, there can be significant variation in the actual time it takes to mine a block.

I don't completely agree with this. While it's true that some terms may benefit the business more than the customer, it's not uncommon for terms of service to include important information about a company's policies and practices that can protect both parties in case of a dispute or misunderstanding. Besides, businesses are required to comply with laws and regulations, which means that some terms must be designed to protect both the business and its customers. Regarding KYC checks, while the terms of service may not provide specific details, they do inform customers that these checks may be required. This is important information to be aware of.


I agree with your points, but it's worth noting that there are reputable casinos that are licensed and regulated by well-known authorities and have a strong track record of treating their customers fairly. Plus, even if the casino is based in some weird place and it's hard to take legal action against them, there are still alternative ways to seek a remedy, such as through industry watchdogs or using a third-party mediators. It's not like you're completely helpless if things go wrong.

It's always good to support new gambling sites in the crypto sector. However, as some have already mentioned, there are some concerning details that we need to consider before trusting this site blindly.

First of all, the domain is recently registered, which means that there is no previous reputation to go on. The anonymous owner also causes for concern.

Moreover, the unfinished website with no Terms of Use or Privacy Policy pages and no contact information is quite alarming. The chat being full of bots and the possibility of fake statistics only add to these worries.

Overall, I think it's wise to be cautious with this site until they can provide more transparency and assurance about their legitimacy.

Yeah, that's pretty much how it works. It can be a bit of a downer, but that's just how some online casinos work. They want to make sure that players are actually using the platform and not just depositing money and immediately cashing out.


I agree. Just make sure to read the terms and conditions carefully before making any deposits, so you know what you're getting into. Some of these casinos can even be extra strict about which games you can play to meet the wagering requirements. For example, they don't count bets on games with low multipliers like 1.1x. I'm not 100% sure if this rule applies to just bonus offers or if it includes regular deposits too.

Yes, you are right on that point, I've seen some scams trying to do that. That's why it's important to check for licensing, read reviews, and verify the site is trusted and safe. But honestly, some people don't care about all that. They just want to gamble and don't care if it's fake or not. It's sad, but true.


I think the problem is that many people are attracted to the anonymity and lack of regulation in the crypto space, which makes it easier for shady operators to take advantage of them. I'm not sure if such people are foolish or just naive and uninformed... One thing's for sure, we need to be vigilant and stay informed about the casinos we're playing at. Don't let greed blind us and always be aware of the risks involved in gambling, especially in the volatile crypto space.

Google doesn't require any payment to recover an account, and any claims to the contrary are likely scams. While it's true that the Google support forum may not always provide a satisfactory solution, there are other options available such as contacting Google support directly or seeking help from a trusted IT professional. If Google support is unable to assist you, then it may be time to accept that your old account is lost for good. Honestly, storing your backup and login information on a third-party mail service was not a smart move in the first place. You should know better than to rely on external providers for something as important.

I think people are mostly afraid or panic about things they don't understand enough. It's like when a new toy comes out and everyone wants to be the first one to get it, without considering whether they actually need it or not. They get caught up in the hype and excitement without fully understanding the risks. And let's be honest, some people just love to overreact and create unnecessary drama, especially when it comes to money.

Yes! I was lucky enough to learn my lesson after that one time. I totally get that gambling is meant to be fun, but it's definitely not a good idea to ignore the odds. After all, the whole point of gambling is to take a chance and hope that we come out on top in the end. But that doesn't mean we should throw caution to the wind and bet recklessly.


You're totally right, my friend! There's no denying that sports betting can take the excitement of the game to a whole new level. But let's face it, nothing beats the thrill of watching your favorite team win AND cashing in on a winning bet at the same time!  😎

I agree with you on that one. If you've ever played at an online casino before, you know exactly what "no-deposit bonus" means. Using any other term would just create unnecessary confusion.


I remember you mentioned having a bad experience with a casino's wagering requirements. I'm totally with you on publicly calling out those kinds of platforms - it's just not fair to the players. I'll definitely take a look at any other platforms I've come across and give you the heads up if I find any more that fall into that sketchy category.

Hey OP, welcome to the forum! So, I checked out your casino and I gotta say, I was pretty surprised by the interface. You only support mobile platforms? What gives? No desktop version at all? I'm not totally convinced that's a smart move. Sure, lots of people are using smartphones and tablets these days, but there are still plenty of folks who prefer to game on their big ol' desktop or laptop screens. Seems like you might be cutting out a pretty big chunk of potential players by not having a desktop option. What do you think?

It's great that you're interested in Bitcoin mining, but general questions like this might not get the best responses in a forum. Bitcoin mining is a vast subject that can't be explained in just a few sentences. Other members have already give you some great resources to read, and you can also use the internet search to learn the basics. Once you get a grasp of the basics, you can ask more specific questions, and the experienced members of this forum will be more than happy to help you out. Don't hesitate to ask!


Alright, this question is a bit better, but in order for us to give you a specific answer about the mining methods you came across, we need more information from you. What ways are you talking about? What is your source of information?