Well, the adoption of Bitcoin by a country.. cannot change the way that a country are run.... it can add transparency to the way that the tax money are spend. (Leaving a bread crumb trail on the Blockchain for all the transactions that are done with the money)
The citizens of that country can also benefit from this, because they can protect the value of their wealth .. by buying bitcoins and not leaving it in their local Fiat currency that are failing. (Hyper inflation kills the buying power of their local currency)
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Well, the mods can actually just close this thread... because it was actually just created for extra exposure and not to discuss the advantages of licensing a casino. OP, just created this thread to draw some attention to their casino and not to interact with the gambling community to discuss this issue. (He created 2 posts and never responded to any of them) I actually do not care if a casino are regulated or not.... because the licenses do not offer assistance and protection to gamblers, if they have issues with those casinos.
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I found a bug in a game called, "Mount Magma" a while ago .... and I also had the same problem. The bug was in the Jackpot system and it caused unfair wins to people who managed to pick up on the exploit. It was quite simple.... if you bet high amounts close to the time when the Jackpot paid every day.... you basically won the Jackpot every time. (The more you win.. the higher you could bet.. and other people could not match your bets) https://clashofslots.com/slots/pushgaming/mount-magmas/ I reported it on this forum and someone saw this and they pulled the game for months until they brought it back many months after that... with the Jackpot feature disabled.
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The thing with PvP is this.... It gets farmed to death, if there are no system to sort the newbies from the experts. You have to implement some sort of ranking system to determine which players can compete against what kind of level of experience.. to make things fair. You cannot have pro poker players competing against newbies, because the pro players will simply wipe them out. I have seen this happening with "Chess" PvP games .... but I think people cheated with computer chess assistance. (Cheaters)
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Do you think it makes sense if a crypto gambling platform only accepts it's own token for gambling and gambling on it's platform? If the games they offer are one-of-a-kind, new, and addictive wouldn't this make the gambling token very valuable? I am asking on behalf of a friend who wants to build his own crypto gambling project on the blockchain. Will this work? Will this fail? What's your take on this?
The problem will be to get that "one-of-a-kind" game.. that are addictive, because those gets copied by competitors very quickly. Just look at the Bustabit concept that was picked apart by the competitors. https://www.similarweb.com/website/bustabit.com/competitors/You would need to get it "protected" by some Copyright laws that are applicable world wide ..and then hope you will get the protection from all countries. (Intellectual Copy rights)
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You have no "financial freedom"... when you choose to use third party services ... or if you go through the KYC procedures or when you divulge your private financial information to the public ..by re-using Bitcoin addresses and sharing your Private key. Yes, you used your freedom of choice... but you sacrifice your financial freedom. I think that is what Satoshi's goal was for people, when he created this technology. (Pseudo anonymity and no sharing of your private financial information ....and reliance on 3rd party services)
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Well, if you randomly throw stones into bushes, there are bound to be something coming out of it..... right? They need to post rubbish predictions like that to keep the attention of social media sheep. There are so many things influencing the Bitcoin price now, that it is almost impossible to predict a major shift in the market.... before an event happens. Only insiders and large whales can make predictions on small spikes in the price, because they are pushing it.
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You have to get into the mindset of these marketing guys.. to understand their objectives. A while ago.... some people were very unhappy with Stake.com over a Sport promotion they did, where they gave $40 to people who made Sport bets in a 5 day period. (No matter if you bet was $0.01 or $1 000 000) Now, the people from the casino side, who seldom bet on Sport betting.... was unhappy about that, but from a marketing perspective... it made sense. The casino rewarded the regular Sport betting crowd... and they also incentivized other players to make regular Sport bets to possibly get into the next promotion. Your situation are very similar..... they kick started a promotion to jump start the smaller gamblers... so it was not something personal against their high rollers.
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I can almost guarantee you, that if you register at a new casino with an email address or mobile phone number.. you will get promotional content from them to remind you of your absence. Casinos are not really interested in people that are not active, that is why they are giving rewards for people who are active. (VIP rewards) So, it will be a waste of time and money to dump a lot of money into inactive gamblers... hoping that it will incentivize them to be more active.
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No, I think it has to do with "mobility" ...and ease of use. You can basically use your phone everywhere you go... so let's say you are waiting in a queue for something... you just fire up the phone and you are ready to go with a quick gambling session to kill the time. I have gambled in the weirdest places with my phone... one being on the toilet of all places. This is why many casinos are targeting cellphones for gambling, because they can get to you and your money ...24/7 all over the world.
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The thing about Gold is this..... Many countries have not done independent audits on their Gold reserves, so nobody actually know how much Gold they have. Let's take the Gold that are stored in Fort Knox in the USA.... The last inspection by Members of Congress was on September 23, 1974, since then... the federal authorities who control the US gold reserves at Ft. Knox ....refused a comprehensive audit to be conducted. There might as well be Gold painted bricks in those vaults, because nobody has tested it. Bitcoin is very transparent.... and anyone can do an independent audit on the coins that are stored on the Blockchain. So, I will not trust anything that are hidden in a vault, with no guarantee that it exists.
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I love the integrity of this platform and it makes one feels very safe here knowing how fraud has increased all over the World.
Well guess what dude — Bitcointalk is just as unsafe as most community platforms on the world wide web. Same with other social platforms, you just need to ignore(or better yet, report) the spam/scams and focus on the good topics/conversations. This might be true.... but you know what, there are so much activity on this forum ..that it is becoming very difficult to escape the investigative eyes of the Bitcoin enthusiasts on this platform. How many people come to this forum to try and scam people.... and the "community" Police jump onto those threads to expose them. This is not always the case with other platforms with less activity, because it sometimes takes weeks on less active forums for people to react.
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There are no difference between casinos accepting Bitcoin and other casinos that are accepting only Alt coins or Bitcoin (BTC) and other Alt coins. All of these casinos accept Crypto currencies, because Bitcoin and Alt coins are all defined as Crypto currencies.
Now, with gambling and Crypto currencies it is usually to your advantage if you choose a casino that accepts Bitcoin (BTC) and a lot of other Alt coins, because some Alt coins have very fast transaction speeds for the deposits and withdrawals and very low fees. So it might be good to use other Alt coins for that...and then to withdraw to an exchange.. where you can sell the Alt coins and buy some Bitcoin... if you want to hoard Bitcoin (BTC)
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After a while of not playing Sword of Ares for a long time, I tried to play it again last night. I tried my luck by placing a $0.2 bet and buying the Buy Bonus feature, where I get 15 Free Spins. And as it turned out, I could win as much as $39.21. Not bad for me I immediately withdrew the winnings and left the game so I wouldn't be tempted to continue playing. I feel lucky https://replay.pragmaticplay.net/f1KPjLNKdtYes, I have this relationship with a Slot called.. "Monster Domination" (Provider = Golden Hero) ....where I just fell in love with the Free Spin feature. It might be because it reminds me about the arcade games that we played a lot, when I was younger. Now, I cannot resist buying the Free Spins on this slot and my returns are usually not that bad... because I will continue until I break even or until I am in profit..... or when I bust. So I understand why you quit, whilst you are still ahead.
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You know.... a lot of those gamblers are using this strategy to fund their gambling career. He bet $1.4M to win $11,000 on low odds to use that money to bet on more risky bets with higher odds. He might have done that 100 or 200 times before with success .... and now it backfired on him with this loss. This is just what gambling are about.... you do not have 100% guaranteed bets that work all the time. We had several upsets in the Soccer World Cup of 2022.... where the odds was stacked against those losses... but we still took those bets and we won, so it can work for you.. when the tables are turned.
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Bitcointourist or Cryptotourist from speculation section? And I didn't know how a bear market dip can "kill" someone. Maybe it will result in a big loss of funds or erase some unrealized profits but "kill"? Seriously?? So what it actually means is this..... The Bitcoin tourists are those speculators that hang around Bitcoin, when the price are high. A lot of those people left the market, because a 70% dip in the price...signaled to them that Bitcoin is failing. The long-term Bitcoin enthusiasts know better...and they see the DIP as a trigger to buy more bitcoins. They have seen the Bitcoin price dip like this before and then the recovery period to a new "all time high" price.... so they know it is the best time to buy, when the price dip with 70%
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A whole industry does not collapse when a single exchange or broker goes bankrupt ...and this was not a sudden development, so the markets will have been aware of this for months already. The bankruptcy will be in the news when it actually happens and the markets would have factored it in, before it happens. The competitors will have a field day with this... and they will spread "DOOMSDAY" predictions to feed their agenda... as usual.
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It is these third world country leaders that are bringing down their own country. They cannot understand the technology, so they discount it as nonsense or something with zero value.
To them, Fiat currencies have value.. because it is backed by a government and it is printed like toilet paper ....where the piece of paper has zero value, when hyper inflation kills it's worth.
They want people to believe that a piece of paper ... are valuable, because they say so. They manipulate the supply and they determine the inflation basket. (They feel important, because their signature is on that piece of paper)
Do we still need corrupt governments to tell us what are valuable or not? .....or do we find ways to secure our own wealth and our own future?
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The number #1 Rule of Crypto currencies are ....."Own the Private keys to your tokens" Most Crypto currency enthusiasts will tell you.. if you do not own the Private keys to your coins, then you do not own those coins. So using too many third party services, where you do not own your own Private keys, should be a huge ...No no. Just buy a hardware wallet.... and transfer all coins that you have bought to that wallet.... and then transfer it to a casino if you want to use it.
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