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1501  Economy / Games and rounds / Re: SINBAD.IO Mixer October Bitcoin Price Prediction Challenge on: October 22, 2023, 10:22:48 AM
Prediction 2: $30,152
bech32 address: bc1qyhhkhdcml6cfzsjk3wm42jezu689f3mghh3lea
1502  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 21, 2023, 09:49:42 AM
Wow, I didn't knew you actually hit the number 10000. I thought nobody has hit the number yet but thanks for posting again.
0.31 BTC back then might have been less but today it is around $9300 which is a pretty good amount to win.
Tell me you didn't sell it  Tongue What did you do with the win if you may share ?
Specifically speaking about that amount, no I did not sell, but that amount went into the same wallet where I store my campaign earnings and hence it has been a big boost in my course of accumulation of bitcoin. I have rarely sold, mostly for buying some gift cards and paying for some services, which is a minor total amount.

Hence specifically I never sold that chunk in one go.
1503  Local / India / Re: How do you convert your BTC and cryptos to INR on: October 21, 2023, 06:43:06 AM
Where do you buy your GCs that they get out of stock? Or am I misunderstanding?
The grocery chain I that I buy my stuff from, I buy their gift card which comes in predermined amounts on Bitrefill, and then I redeem them on the grocery site. However the gift card "availability" also varies and often they are unable to provide my with giftcards with reasons "out of stock". Then I just wait it out, top up my bitrefill account and set up an email notification to notify me once those card are "back in stock".

But such incidents have reduced in frequency recently.

I hope that clears your confusion.
1504  Local / India / Re: Oct 1 | Tax on online gaming & casinos set to 28% on: October 21, 2023, 06:39:37 AM
But don't you think that getting addicted towards gambling does more harm then porn ?
Showing condom ads the most that can happen is that a kid can get addicted to porn but if he gets addicted to gambling then he might start stealing money as well and end up in huge losses.
That is my major concern with showing gambling ads on TV.
The ads are there to promote family planning not get people addicted to porn. It is how we take things, someone may get excited and wish to watch porn. Similarly someone may wish to make money and go into gambling. The correct thing is to know that gambling exists and people try their luck but also realize that gambling is a mode of entertainment and so is porn. It is not the actual method to make money.

So take home message, Taxation on gambling (and condoms Cheesy) will continue to exist, but gambling and intimacy will continue under the tax officers noses like they always have.

I think we have steered a lot offtopic, myself to blame (Sorry!)
1505  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: October 21, 2023, 06:33:09 AM
It's 4 times less probable to roll 10000 than 9999, so, I wouldn't be surprised if it didn't appear for like next 20 years, but I know that it can happen today too. Smiley
I still remember the heart stopping moment of when I rolled 10000 one fine morning 16th of October 2016 and was staring at my device for a few minutes and pinching myself that it was not a dream.

Before this there was a huge distrust among the community that 10k for 200$ prize was actually never possible and my post was criticized a lot too but I tried my best to clear the distrust and wetsuit created the giveaway of the ones who report 20-200$ wins would get 5$ rewards on their account from then on.

Here is the link to my thread where I declared my big win: Got 200$ from Freebitcoin today morning, call that a BIG WIN

I still roll whenever I have time hoping to see another one soon Smiley

Oh and I noticed we just hit page number LEET, noice!
1506  Economy / Reputation / Re: Recently woke up asking for a loan on: October 21, 2023, 06:24:41 AM
It is possible that the account may have been hacked, but there has not been any password change on that account.

Best way for them to prove ownership would be to sign a message from their address posted on the profile page. However that is not a staked address as per what I found on their page at ninjastic - https://ninjastic.space/user/id/122968?addresses

A number of other accounts with the username "money" in it have been listed there.

For now, lenders should ask for collateral or deny the loan.
1507  Economy / Service Discussion / Re: signature campaign Vs review campaign on: October 21, 2023, 06:14:36 AM
It's not about signature participants using the product, it's more about bringing people through signature participants that may use your product. In advertising industry, we see popular people advertising the products, they don't use the products they promote but through them product gets known to the masses.
I agree with the point that @Royse777 made, if you ask someone who visits this forum give me some examples of crypto based gambling sites and the first thing they are going to blurt out are Stake, Roobet, Duelbits and so on. They are not going to say BetMoose which is a Canadian mutual betting platform that I know about but very few people here might. Then there is also  the idea of constant bombardment with the banners so to keep the same thing in the users memory even if they dont use it at all.

Review campaigns serve a different purpose, I would like to add to my previous comment that after reading some comments in this thread I have felt that reviews are paid here and hence they are going to inorganic and having a biased opinion. That does not mean they dont help the project, but should be taken with a bit of salt for a consumer.
1508  Local / India / Re: Oct 1 | Tax on online gaming & casinos set to 28% on: October 19, 2023, 04:53:59 PM
The major problem is that these ads are also displayed on TVs where even the kids watch it and get attracted to it.
Government should ban such ads to be displayed on TVs.
Advertisements of Condoms with sultry scenes done by famous actresses are also there, these are usually the gulity pleasures of many kids and were once ours too when internet access was not so common. Same with gambling based ads, in my opinion.

What is needed is awareness to be able to resist such types of temptations and follow what is needed for our betterment. Because money is so easy to spend these days, it must be saved before being spent. A lot of stuff comes in to discussion here and I think kids should be a part of that and taught the amount of hard work that goes in to earn each paisa.
1509  Local / India / Re: How do you convert your BTC and cryptos to INR on: October 19, 2023, 04:49:36 PM
Gift cards have limits. You can’t buy them for a lot of money, so you can’t get a large gift card. Selling gift cards can also be difficult.
Most platforms charge a fee, usually around 5% of a gift card’s value. This makes selling gift cards less profitable when you’re looking to cash in on them.
I have been using them on a single merchant at a limited value per month. For that purpose I think this is a good option. Monthly I top up the account and then buy it whenever they are in stock.

Also I dont sell them but use them only for my person use so I did not face any drawback in this case. You could say that one problem is that stocks get cleaned up very quickly though.
1510  Bitcoin / Bitcoin Discussion / Re: Give Bitcoin investment time on: October 19, 2023, 04:41:58 PM
Investment needs time to yield the profit. However there are some fundamental differences between crypto and non-crypto assets which should be carefully understood before buying any from the investors point of view.

Patience is something of a virtue here, you cant hope to make money from bitcoin just by buying a lot today. It will cycle through bear and bull and then you sell it to get the profit. Haste will lead to waste here and the altcoins shining out as methods to quickly get rich are horrible choices often taken by newbies and gullible people.
1511  Bitcoin / Bitcoin Discussion / Re: "Lump sum Vs DCA" for Bitcoin Accumulation on: October 19, 2023, 04:30:53 PM
I would go with the lump-sum, assuming you mean a big amount when the price drops. That once held for long gives you enough price to sell at a decent profit. This means that instead of buying every month in DCA you buy once every 4-6months during a bear market and you sell like that in a bull market. Use the profit to buy back at the next bear market and continue to multiply your money.

This needs patience and by that I mean a lot of it. Fortunately I can do that because I have other sources of income. So that cushioning is needed for anyone attempting this method.
1512  Economy / Gambling discussion / Re: Tips on staying responsible. on: October 19, 2023, 04:27:45 PM
Well firstly, dont gamble at all.

But we all would not be here if the above was true would we? Grin

Hence start with a bankroll management, budget how much can spend on gambling (=waste for fun) and how much you need to pay off your debts and expenses.

If you find yourself struggling with this, you may need to control your habit of gambling and start saving big time.
1513  Other / Beginners & Help / Re: A Complete Guide for Cryptocurrency Newbies "The Best Way Of DCA" on: October 18, 2023, 05:02:56 PM
I still feel that the better method of buying bitcoin is to wait till it crosses a set point that have observed over years as support level and drops even lower. A huge chunk of bystanders will buy in at that price and you will see the next support level build up very quickly and that is to be noted in the spreadsheet which you are using to keep track of trades.

Then the price can move sideways up or down, each has their own approach. If it drops, determine a second point to buy and proceed with that. If it goes sideways, just wait it out. If it goes up, sell after you have broken even.
1514  Economy / Games and rounds / Re: Sherbet.com 🍭Weekly Bitcoin Price Prediction | Round#3 | Prize Pool $250 in on: October 18, 2023, 04:58:44 PM
Sherbet username: TheUltraElite
Prediction: $28410
1515  Local / India / Re: How do you convert your BTC and cryptos to INR on: October 18, 2023, 04:48:40 PM
-snip-
Cool down there fellow mate. I am sure the intention of the OP was to make a thread for those who might be in need of such a topic and not promote the idea that bitcoins should be sold away for INR. Someone may have coins at hand and need to spend them for emergency because they did not bother to keep funds separate for that mater.

Anyway, OP should comment on what the tax situation for such transactions have been. That 30% is a big number out there.

One method to avoid all these problems is through giftcards. But I never made a head to head comparison of fees spent on exchanges and on giftcards.
1516  Economy / Economics / Re: Cracking the Code of Saving Money... on: October 18, 2023, 04:37:21 PM
When you have set targets to achieve in the future, you will try to save in a disciplined manner.
I think we can all agree on this.

Without set targets, spending remains uncontrolled and savings reduce drastically. Being frugal is often inherent but can be acquired through proper training. Some people are easily coaxed by advertisements, promotional content and word-of-mouth. Being able to control them takes skill but is possible.

Hence discipline makes the cornerstone in all these. Without that a lot of things in life would go haywire.
1517  Economy / Speculation / Re: Bitcoin ETF Approval: Fueling Bullish Momentum? on: October 18, 2023, 03:57:26 PM
Why are we all still looking at that Space-psycho owned social media posts as the bible?

Have we not matured enough to remain calm in situations like these and take everything in the crypto space with a grain of salt?
It needs more polishing it seems. Grin

Anyway, I would suggest people to wait this out. If bullish markets set in, keep sell orders above 35K and 40K to maximize profits. If ETF does get approved, no wonder the prices will rise but they will correct again giving everyone buying and selling opportunities.

Hence bottom line - Dont panic and stop following social media.
1518  Economy / Service Discussion / Re: signature campaign Vs review campaign on: October 18, 2023, 03:49:10 PM
Creating a account on a site or app and then reviewing the service with some testing money is nothing new. It does not necessarily mean that the person doing the work is going to continue using that service if they never actually needed it.

Similar with signature campaigns, because it is a person's own choice to use the service or not. It may make the person's first choice preference to that site that they promote but not necessarily.

All in all, I feel a mixture of signature/review/Artwork making/Giveaways all add in to the promotional landscape, all have their own different way of drawing the crowd.
1519  Local / India / Re: Why Indians are not Adopting BTC over Gold? on: October 17, 2023, 02:52:09 PM
Inheritance and the sentimental value of Gold is whats makes it attractive.

When the partition of Bengal happened, dividing Bengal In India as West Bengal and Bangladesh as former East Bengal, refugees left overnight to move into India with nothing but their Gold ornaments, using which they set up in different places in India and used that gold to eventually set themselves up. These stories give you goosebumps but they are true.

However the younger generation is gradually getting into crypto sadly this term implies mostly shitcoins that make quick bucks to them. I personally have the opinion that every asset has its pros and cons and all should be tried based on your own taste.
1520  Local / India / Re: Oct 1 | Tax on online gaming & casinos set to 28% on: October 17, 2023, 02:47:27 PM
Few state governments banned dream11 and similar apps and others have some restrictions so it differs from one state to another and the regulations related to internet activities are not strong in our country that is why these apps are still making money.
The government can keep banning them and more such avenues to circumvent the official ban on gambling will come up and be made popular among the youth of India. If you feel they are bad, advice those who are addicted to it to quit using them, help them but dont force them, because it is an addiction after all.

Such cat and mouse games between the government and different app makers always exist, you just have to watch them have fun. Grin
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