OP, that is pure speculation and you are giving zero reasons to motivate why you are saying that it will happen. Bitcoin has only been accepted as a currency in a few countries, so I cannot see why it will suddenly change in the near future. Also, most governments are working on their own "digital" currencies that are built on Blockchain technology, so it is clear that they are not going to accept Bitcoin as a currency. Let's posts facts or reasons for our predictions, when we post something like this.
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You must have been just unlucky to have used some of the newer casinos that are mostly scams. I play on several legitimate casinos like Stake.com / Primedice.com / Duelbits.com / Bitcasino.io and many more. I will suggest that you "Google" sites before you try them... (Example : "casino name" + scam) or ask on this forum, before you play any new casino. Hope this advice will help many more people out there.
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Well, they do not need an Online presence... for us to hold them accountable. We can use social media/forums/websites to our advantage to spam accusations against them, if there are solid evidence that they are a scam site. There are several casino review sites, where we can burn them ... and forums like this gives us a voice. (Scam accusation section) ==> https://bitcointalk.org/index.php?board=83.0The Online presence just leaves a "foot print" for us to follow, if we want to track them and eventually want to take it to court.
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I think more people should do a study on the reason why the adoption is so low, because we have to pinpoint where the problem is.
Do we need research for that? The reason is simple, most of those who own Bitcoin or an altcoin own it as an investment and do not want (or do not know how) to use it as a currency. I personally know several dozen people who own cryptocurrencies, and I have never heard from any of them that they have paid anything with them - regardless of the fact that we have a lot of options where we can do it. Yes.... Data & research are power... We want to know what will motivate people to spend their coins and what are preventing them from using it as a currency. (We know one of the reasons are speculation and investment) The reasons might be as simple as : 1. Tax complications (VAT) 2. Accounting problems 3. Lack of regulations & laws and uncertainty regarding Crypto's legal status. 4. Complexity of the payments over Fiat payments. (Process to get coins / Apps ... etc) 5. The transaction confirmation times. (If you are not using the Lightning Network) 6. Payment processors and their ToS I hope you see where I am going with this.....
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I have another take on this.... People know the risk of holding coins on an exchange (well most of them) but they have to keep them on there for their trades and trading bots to function. I think the reason why so many people withdrawn their coins, has more to do with the fear of the repercussions of the FTX incident. (They know there will be some kind of over reaction from the regulators all over the world, so they withdraw the coins to avoid those counter measures) There is no need to panic, most of those coins are in cold storage... ready to be deposited ..when the market recovers and the regulators calmed down.
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I have to say, Morocco stunned me.... This World Cup has featured some of the biggest upsets in history! ...and it totally messed with my multi bets... it's red all over for me. Japan, topped the group with six points from their two upset games. So who do you think will cause some upsets in the knockout rounds, because I cannot afford to lose much more? Will the best teams in the world assert their dominance?
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I was wondering why they reduced the $1000 per ticket ...to $500 per ticket for the Weekend's $50 000 giveaway? If the people continue wagering at the same rate, then we will have between 5 million to 6 million tickets for the draw. Yes, I know the smaller gamblers will now be able to get 1 or 2 tickets with their $1000 weekly wagering... but Stake has always targeted the high rollers. If they did this to give the smaller guys a chance at a $5000 win.... I applaud them.
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In many countries ... governments determine the "value" of local Fiat currencies. They manipulate the data to calculate the buying power of the currencies, dependent on what their agenda is. They do that by for example printing more or less Fiat currencies or even loading the inflation basket. The agenda might be to lower inflation to boost their political power or to straighten their Fiat currency against other Fiat currencies for imports and exports. So they want full "control" over the manipulation of their local currencies, because it gives them power. They do not have that power over Bitcoin, because the price is determined by global Supply & Demand.
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I thought all forms of gambling are prohibited in the Muslim religion? In any way... I have watched some Cock fighting in real life, not in a gambling setting.. but on a farm and it is not something that I would bet on. The Cock fighting sport remains legal in Puerto Rico and in such countries as the Philippines and the Dominican Republic, where cockfighting clubs operate around the country. The Animal Anti-Cruelty organizations will object to any kind of gambling that are done, where animals are harmed or killed for Sports betting. There are more than enough Sport to gamble on, without having to harm animals ....so let's keep it that way.
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I prefer a solution where you do not have to identify yourself, if you do not withdraw a lot of money on a frequent basis. A money launderer needs to deposit money into casinos, then use as little money as possible and then withdraw it onto the "legal" financial system with frequent withdraws.
Most "real" gamblers will deposit money.... play with most of it... and then only withdraw when they hit something big. So casinos should use technology to identify money laundering activities and then block people's accounts that has been flagged for it. (Only then ask for KYC information)
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In the United States: 6,660 people died from hypothermia or exposure to cold from 2006 to 2010, an average of 1,320 deaths a year. Source : https://www.nyc.gov/site/doh/health/emergency-preparedness/cold-weather-stats.page ...so it is crucial that affordable and reliable energy are supplied in the States where there are colder weather. This is becoming a huge problem for the people living in Europe, because more than 200 000 people die of cold and it is predicted that 335 000 people will die this year, because of the shortage of Gas and Oil in Europe.
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Well, when they banned Bitcoin mining a couple of months ago, the market hardly reacted to the news. The Chinese miners just relocated to "Bitcoin friendly" countries or they sold their mining hardware to people in "Bitcoin friendly" countries. Bitcoin is borderless.... you simply send Fiat to a contact or friend in another country and they buy bitcoins for you. When you gathered enough bitcoins, you simply go on a Bitcoin holiday in the "Bitcoin friendly" country or you relocate there. Bitcoin are for people who can think out of the box... not for people who want to be slaves.
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I think, when you have so much money.... you do things that might be more dangerous ...than what other people might be doing that has less money. The average person will not Jet Ski around an island or take up sky diving or go to exotic (dangerous) places, that might put then into situations that might be more dangerous than usual. They might even die of natural causes, because they eat too much of the wrong kind of foods and they might drink too much or use too much drugs. (A lot of poor people do a lot of physical exercise every day as part of their work.... rich people might exercise much less and die from high cholesterol or a weak heart or diabetes complications etc..) A lot of these rich people have very high stress levels.... because they have several businesses or risky investments.
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Wow, December has just started but monthly bonus is already sent to players. Check your email for those with lower than Platinum rank, for platinum rank you can use this link https://playstake.io/bonus?code=DecemberMonthlyBonus0112ahB2 It is surprising to see so early monthly bonus and a question comes to my mind "will be there a Christmas Bonus worth the same as our monthly bonus?" If stake.com sends the monthly bonus early it means there will be another bonus this month whether it's Christmas or something else I just want to remind you that usually there will be lots of Drop bonuses on Telegram but you must have wager $5k-10k in the previous 7 days If the bonus will be sent on December 25 then we can start it on December 20 Well, the Stake Monthly is usually around the 15th of every month...so it will be interesting to see how they are going to adapt for the next Monthly in January. Enjoy the early "Monthly" and the promised Xmas bonuses that were mentioned in the Telegram/Email that were send out today. I anticipate a "dry" month for winnings, because Stake will most probably go into "full feeding" mode to recoup it.
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Well, let's be honest.... buying a "white label" casino ...come with a lot of risk. You presume that the developer have no "backdoors" into you casino. You might be running for months without any problems and once your warm wallets are jam packed, the person with the keys to your castle, might give you a visit and withdraw all the money from your users accounts. The person who sold you the software, will then wash their hands... because they will say that it worked for months and nobody exploited the software, so this must have been hackers.
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If money laundering are their main motivation behind this, then they will have to force (FIAT) Banks to close their doors. Most money laundering are still being done through the Banking system. Yes, "Privacy" coins offer huge opportunities for people to use it for criminal activities, but is the same not applicable to cash? How many drug transactions on the street are done with "Privacy" coins, compared to cash.... how does that cash get into the financial system? (Registered businesses are used to launder money through the Banking system)
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There are no credit cards for Bitcoin payments, so the easy solution will be to only accept Bitcoin as a payment option. In reality this will not help at all, because people will go buy "items" legally with their credit cards and then they will go to a Pawn shop and sell those items and then use that money to gamble. I would rather ask for regular "Proof of income" and then based on that, determine what percentage of that.... people should be allowed for deposits. (I know that might be controversial too, because then governments tell you how to spend your money... but if a " problem" gambler are identified... methods like this, might be the only workable solution)
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You should have been around when MtGox happened, because there were a lot of people flaming Bitcoin on social media. We had the Bitcoin lovers turning into butthurt Bitcoin haters and we had the competition fueling the FUD from all sides. The whole FTX drama is just an opportunity for our competition and our enemies to misuse this event for their own hidden agenda. I will not be too worried about that, because we turned the MtGox around and Bitcoin reached a ATH of $60 000+ a few years after that.
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OP, you have balls..... there has been so many upsets in this World Cup... so a 50% win rate will also be good. I think the bets in the early stages will be easier, but in the knockouts of the weaker teams... people will find it more difficult to make winning bets. I will find your tips useful with the $10 wager for a ticket in a giveaway on Stake.com for any World Cup bets... 50 people can win $1000 if they bet $10 on World Cup games.
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