I was in the same position a few years back, when I sold assets to buy bitcoins. I bought my first bitcoins when the price was $400+ and I sold some of them when the Bitcoin price was $40 000+ (100 times more than what I paid for it) The people who criticized me, started to ask me how to buy bitcoins when it reached a All-time-High price and then panicked when the price dropped 100% and more... (The sold early.. and now they hate Bitcoin.. because they lost 100% of their investment)
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You have to be some kind of narcissist, if you do not have any negative thoughts and feelings about your gambling addiction. Let's not forget that a part of gambling addiction, originates from other problems that people might have. (A lot of people cannot control it.... they might be addicted to the "feel good" dopamine that "wins" gives them. All of this happens in the brain... and this can cause long-term addiction.. like being addicted to drugs or alcohol. I had a family member that was addicted to alcohol and the psychologist said, it was a sickness. (self inflicted .... but still a sickness) These people need help, even if they brought it on themselves.
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I looked and considered your strategy..but it does not make sense at all to have "mature" accounts at different casinos. I reckon that if you took all the money that you "wagered" at the other casinos and you wagered it on one of the casinos... then your rank would have been much higher. The higher the rank ...the higher are the VIP rewards that are paid to you. Let's say you wagered it all on Stake.com and you reached Platinum V ... then your Weekly and Monthly will be much higher.... and also other bonuses and challenges that are based on your rank.
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I think a logical explanation will be that people are removing their coins from centralized exchanges, because they see what is happening with the SEC and Binance in the USA. This might be happening all over the world at all the exchanges.... so the result of that is.... lower supply and less transactions on exchanges. The price of Bitcoin are determined by the market (Supply & demand) on these Exchanges... so you can see the impact that can have on the price. (This is just my own theory.... not actual facts)
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A very important advantage of Bitcoin over Gold is government control. Now here is a piece of history that you might consider ...: " Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve in exchange for $20.67 (equivalent to $467 in 2022) per troy ounce. Source : https://en.wikipedia.org/wiki/Executive_Order_6102This can happen again...... and it is next to impossible for governments to confiscate bitcoins, if it is stored correctly.
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OP, never is a very long time.... and nobody knows what is going to happen in the future. A lot of things can still happen... your country might go into a state op hyper inflation and in times like that, governments have to consider other "currency" options. You should never give up on your dreams and you should also not forget that you can use your bitcoins in many other countries where it is legal. I had a dream...... <You fill in the rest with your hard work and dedication to this technology>
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Is this not strange that we are seeing the Government of the Hong Kong Special Administrative Region, telling Banks to welcome Crypto currency (Bitcoin) businesses and now we are seeing this happening in the USA? I think the hidden agenda behind this, is the collection of information (doxing) of Crypto users, before the big hammer is used to ban Bitcoin Exchanges or to over regulate them. They want to know who are owning which tokens and this is one method to do that.
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I do not know if you noticed "withdrawal complaints" from many gamblers at smaller casinos? These smaller casinos are still building a huge bankroll and when somebody wins something big, they try to stall the withdrawals. You might even find that they "restrict" large withdrawals to buy some time to payout large wins. This normally escalates to players venting their anger on forums like this. (The good casinos will pay instantly)
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Your site looks very "old" with the graphics and fonts coming from the old Builtin board days. I looks like the ancient arcade games that I played when I was still very young. It might sound if I am harsh, but I am just brutally honest and I hope you see this as constructive criticism. I do not know if you are deliberately going for a 80s look, but I think it is too dated, compared with your competition.
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You can secure your coins with a free "Paper wallet" with almost better security, IF you know how to do it securely. (Air-gapped computer) ....so it is not even necessary to buy expensive hardware wallets. It just depends on your needs and how regularly you use your coins. Hardware wallets are convenient for people who wants to regularly use their coins, with very good security. (Trezor and Ledger are your best bet)
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The explanation for this move is simple..... Once the Banks partner with Crypto currency linked businesses, China can trace more of the Crypto currency transactions. This is not a move to increase Bitcoin (Crypto) adoption, but rather an opportunity for them to identify citizens that are using Crypto currencies. These businesses are over regulated and it will be a golden opportunity to link people with their coins. Everyone that use these businesses, will lose all pseudo anonymity that the technology offered them.
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I am actually amazed that the Russian judicial services are not pushing harder for the extradition, just to stick it to the US. This will only become a political ball game between Russia and the USA. I wonder how many Russians lost money in that hack and if he would got a bigger sentence, if he was trialed in Russia? There are many Russian hackers that are being used by the government to infiltrate systems in western countries, so they might even recruit him for that.
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This might go two ways.... 1. The Bitcoin price goes through the roof and you still have her as a girlfriend and she will be super happy with you.... or 2. The Bitcoin price goes through the roof and she is not your girlfriend anymore and you will kick your ass that you gave her those bitcoins. I guess, people do silly things for love.... but it can pay off if you do this and it brings you closer together. It is always nice if you have something in common.... and having Bitcoin in common...... can just be a good thing.
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I think my worst mistake is to trust the odds provider for many of these Sport bets on some of these casinos. I have had odds of 25:3 that I have lost on.... in the past and that is just ridiculous. I have learnt from those mistakes and I now go to several sites and I compare the betting odds of the different sites, before I place a huge bet on a game with huge odds differences.
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I think the main concern that I want you to address is this ==> Security
There are some dodgy developers out there and they also provide "White label" scripts like your site. These guys sells you a script for a casino, loaded with backdoors in the code to grant them access to your site.
What garantee can you give people that your code is "backdoor free"? Can the code be third party tested to confirm that it is legit and without any backdoors?
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The US government know that there are a shift in the power from the West to the East (economically and military power) ....and they also know that they cannot afford a war against China, because it will bankrupt them. The BRICS countries are a formidable force, if you look at their combined military power and their economic transition. If China was much smaller, then the US would have crushed them like a bug.... but it's not going to be that easy. (Nobody can afford a WWIII... it will destroy the world)
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OP, you posted a single forum thread on one person that are against all of these threads that are discussing "gambling addiction" ....so it is not a trend or the opinion of a large portion of the people on this forum. It will be interesting to create a Poll on this subject to see if more people feel this way. I personally think that people should be informed on the dangers of gambling and how to gamble responsibly. There are currently an in-balance between creating awareness of the dangers and the marketing of gambling on this forum. (there are more marketing)
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There are two ways to invest in casinos.... 1. Go to the stock exchange and see what brick n mortar (land based) casinos are listed and then invest in buying some of their stocks. or 2. Browse online casinos where they offer investors a staking option, where you invest in their bankroll and then share a percentage of the profits. The option 1 is a safer bet than option 2.... imho, because there are a lot of unregulated / scam online Crypto casinos out there. The stock exchange is very regulated.
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The SEC is under pressure from other financial services that are adhering to their regulations, to make sure Binance are adhering to it too. The Fiat financial services are constantly pointing fingers to the Crypto currency services and the SEC must make sure that everyone are regulated. The politicians are also putting pressure on the SEC, because they want to use this circus to score political points with their voters and the companies that are funding their election campaigns.
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Well, your research might help you to make the biggest profit in your life.... much later. I bought bitcoins when the price was about $400.... and I saw it's potential from the start. I sold some of those bitcoins for $18 000 and then more when it reached $40 000.... so the word "hodl" was taken to heart.. and I made massive profits. We know there are no garantee that it will happen again, but it is a good strategy to hoard or hodl ... if it happens. It is better to have coins when it happens, than having nothing and blaming yourself for selling.. when it was not the right time.
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