There is never a finite list of these coins, so I sincerely doubt that it's going to do too much in terms of helping people avoid scams apart from the ones listed in the OP.
It's much better to just do your due diligence instead. A little bit of research goes a long way in terms of helping you avoid scam tokens. Ask yourself whether or not the project has a good team, has realistic goals, and does it have a working product instead of vaporware?
If the answers are no, then it should be obvious that the coin's up to no good. Honestly most ICOs these days are like this.
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It can be confusing though
I don't deny that this system has its own benefits and advantages, like seeing the same currency (read, the American dollar) throughout the site no matter what your real balance is made of. Actually, it makes sense (despite the fact that it is somewhat confusing)
However, a still better solution would be to allow players to choose whether to use only the universal currency for all bets on the site or the one they want to gamble with (have in their wallet). I think this solution would give Roobet a certain advantage over other online casinos out there
I'd still prefer to see my actual balance in BTC terms if the balance is not fixed to USD after deposit. Perhaps you could offer this as an option, but I don't really think it makes much sense to make this as the default viewpoint. It is extremely confusing for people who come from elsewhere where the majority of BTC based casinos solely deal in BTC. Anyways, just my two cents. It's good to see an AU dice site out here after PD's success.
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I personally think that Komodo has probably the best chance out of all of them.
The market cap isn't particularly high but still has a decent amount of liquidity within its markets, and it's got a longer history than most of the coins here. It's also focusing on DEX development which is going to be a hype point for this upcoming bull market.
Ultimately, a rising tide raises all boats. If BTC doesn't rise in price then there is really no point talking about what the next 5x coin is, because it just won't happen alone.
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I think it's possible but it's unlikely for sure.
The market capitalisation right now is significantly higher than previous bull markets, which suggests that it'll be significantly harder for markets to move in the upward direction because it would require a significantly higher capital injection within the market.
It still remains to be seen whether or not $20k will be breached this time round, because 5 digits is still posing significant psychological barriers right now.
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Passed the KYC easily. Why would you always make so much fuss about it? I like Freewallet and continue using their app.
And who wants to believe you? You're just another shill of freewallet. It's not the first time there's been significant amounts of complaints against freewallet, and this should serve as a lesson to you OP that you should never utilise a hosted wallet because they have custody over YOUR coins at any given moment. Unfortunately, you're in a very sticky situation. They'll likely continue to incite KYC procedures as a necessary means for you to get your funds out, with a completely arbitrary definition of what constitutes "suspicious behaviour". If you want to go the legal route you'll still have to reveal your identity anyways.
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I see that the bets on the site are denominated in USD or some other fiat. How does this work exactly?
Does your balance automatically get converted to a fiat and tethered to the market value of your coins at the time of your deposit? Or is fiat simply there as a unit of account, and your balance remains in BTC terms after you deposit?
This deviates from the norm of other BTC casinos where they deal exclusively in BTC denominations. Please clarify.
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It shouldn't be a surprising trend given the fact that Australia removed double taxation of cryptocurrencies a few years back, being one of the series of countries that performed the same move in removing GST on BTC sales.
Also, with the retiree generations becoming more tech literate, it's obvious that they would grow increasingly comfortable with putting their savings into BTC as opposed to older generations.
The volatility part of BTC is much short term compared to what retirees look for, which is long term sustained growth, which is all BTC has done thus far.
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I don't personally think that this is necessary.
Learning about the broader economy and fundamentals of currency are going to be much more helpful. Once they understand these concepts, they can decide for themselves whether or not BTC is necessary, and I do think that people armed with that knowledge will more likely adopt BTC.
But it's certainly a step in the right direction. I'm not complaining.
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I doubt it. People now understand that bitcoin mining isn't necessarily something that will get you rich quick.
IPOs also pose more restrictive measures in terms of investors, since investors will likely have to have a higher minimum investment as well as thorough KYC. This is much higher barriers to invest compared to, say, an ICO or even an IEO.
Perhaps institutional investors will scoop up the equities, but if not, I don't see it generating as much hype as you imply.
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Very possible. Especially with the cooldown in the ICO market.
We're already seeing many projects from the previous eras of ICO pumps die down significantly to a fraction of their values. And there is generally a lack of on chain activity to the majority of these projects already.
Just think in ten years time what would happen to these already dead chains. This is not a bold claim.
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I do think that EOS is undervalued currently, given its capacities.
I remember that it was extremely hyped up when the ICO first came out, but it suffered one of the worst crashes during the period of time from the year's start to right now. Even when BTC rallied, it wouldn't really move alongside it.
When the next wave of BTC and alt bull markets come, EOS will likely make up for previous losses and outperform many other big cap coins.
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As I predicted here the Gold bubble Will pop.
People asking me is the Gold really safe heaven? My answer is, Gold is not safe heaven even bitcoin is not safe heaven!!
Your best safe heaven is knowledge and information.
I'm not a gold bug which means that I disagree with people who blindly follow gold all the time, without considering any market cycles and entering the market at the least opportune time and thinking they can just 'hold it out'. But right now, gold is undervalued in my opinion especially with all the trade tension internationally. I think that it's only a matter of time before precious metals gets its bull phase of the market cycle. Silver did drop below $17 which surprised me a little bit. Again, I don't think that it'll regress fully back to $14-15 at the start of the year. Right now would be a good spot for long term accumulation.
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I'm not bullish on DOGE long term. I think that the days where DOGE had a major role in the crypto market is long gone, as demonstrated by its lack of development as well as the drop in rank in terms of market cap.
However, I highly doubt that there won't be another bullish rally in the short term.
The fact is that short term wise, doge is as volatile as they come - and on its upswings you can see prices go up by 200-300% very easily in a span of a month. Don't be surprised if that happens again soon.
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It is possible if you are able to somehow a) find these odds on a regular basis and take advantage of it and b) find a way to repeat this method over and over again over large volumes, without your account being shut down by these sites.
AFAIK it's extremely difficult to achieve both which is the reason why even though it is profitable in theory, it's not that profitable in practice. You're probably better off spending your time and energy elsewhere.
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I've been into gambling for a long, my major focus was on sports betting. From sports betting earned good, but I wasn't able to make the success continue. I lost out of greed, further my focus turned towards casinos where we get the instant results and doesn't want to wait as we wait on sports betting till a match gets over. By this time I was entirely new to it, and lost big. If someone have contacted me I could've stopped it for a while and lowered my loses.
Recently while playing dice, I saw a person who was wagering with large funds to recover the loss. By the time he has lost part of what I have lost. I texted him my experience, and suggested to stop it before things go out of his hands. He didn't responded, finally he lost everything. Have any of you got such experience.
Absolutely. And it's so disheartening to see people have to go through something that could be so easily avoided if they just listen to you. But the frame of mind that gamblers are in are completely different when they are in the spur of the moment and playing the game, as opposed to their normal, rational minds. They are extremely unlikely to listen to your advice even if you present logical arguments as to why they should take profit and stop, because they think based on their emotions when they're winning. Only when they lose everything will they stop.
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Even though copying some definitions of STOs may not seem like untrustworthy behaviour per se on the surface, it really shows the amount of effort they have bothered to put into doing this whole project.
Clearly, this is a signal of laziness at the very least and a scam at worst.
Don't invest in them, period.
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No, it won't work.
Especially not when it's issued by a greedy government, like in the case of Venezuela and their petro crypto. The whole thing is just a pure disaster, trying to drag in whoever dumb enough to invest into it before completely ceasing development.
The thing is that whenever you have something backing a crypto, you end up having to trust that central party anyways. And that is against the whole idea of crypto - to decentralise.
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Firstly, understand exactly how many projects right now are touting these types of new tech that will solve all the scalability issues and have all those new features like smart contracts or whatnot. And then look at how many have actually materialised into something useful.
The point is that they are often profit driven projects that will completely halt their development once they suck the investor money dry. They don't care about anything but that.
BTC may not be the best coin in terms of technology, but it's the most practical and it's really all we need, a decentralised money supply. And yes, first mover advantage in such a disruptive technology like blockchain is indeed extremely important.
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Within reason if you look at the grand scheme of things.
There has always been a lot of restrictions on exchange users from the US and regulation is certainly not loosening any time soon, so it's only a matter of time before these global exchanges shut their doors to US customers as they become more and more developed.
Anyhow, make sure you pull out your funds asap if you do have a balance. Even if you may not be a resident right now of the US but signed up under there, you should beware.
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