The governments of this world are protecting Fiat currencies, so they will not allow Bitcoin to become a global currency. They started doing that, when they defined Bitcoin as a "Commodity" and not as a currency. The countries that accepted Bitcoin as a currency (legal tender) has faced severe push back from the IMF and other western organizations that are being controlled by "Puppet Masters" (Super Rich people) Bitcoin can only replace Fiat currencies when people see the evil forces behind Fiat currencies and how it is being used to control people. (Use your vote to change the status quo)  That is so true. It's more like the governments have adopted the fiat currency so much because they know they are in total control of the money in their country. This is the main reason why most countries are against cryptocurrencies. Even if they decide to use cryptocurrencies im future I am quite sure that they will create their own CBDC and hence have more control on it. For bitcoin to be adopted by the whole world there should be some kind of self realisation that the governments are trying to stay in control of people's money. This is far from happening and so I think fiat is here to stay forever. |
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Negative sentiments around bitcoin can't stop themselves from hitting it again and again huh.
Seems like more negativity is spread in the market but the inflation has not only impacted bitcoin but also all other assets in the market.
The stocks are falling too. It's gonna be a long time this time before see the new ATH.
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Most online casinos (at least those that I know and those that I deal with) now have the option of depositing an account through cryptocurrency. Taking into account the fact that not all addresses are 100% tracked, anonymous depositing funds to the account is quite possible. The most difficult thing in this scheme is linking the ID to the individual, but when the state controls this system, it is easy for them to implement such an algorithm.
In this case it really depends on what the evidence actually is. If the evidence is valid then yes it will be easier for the government to prove that the person is involved in money laundering. But if the person is actually not aware and if the government is planting the whole thing out then there should definitely be a way to prove the person not guilty.Anyway, it depends on us how we use the digital ID. For some it might be a good thing while for some it might be bad. Other than that, there are always other casinos where KYC is not mandatory so people can just use those if they don't want to use this feature. When an ID exists, it makes it harder for a person to prove their innocence. It's one thing when we personally sign a document, and another thing when we first agree to "digitize" our personality, and then try to prove that we didn't use it. In any case, I do not see anything useful in this ID for ordinary users, only an increase in risks and a decrease in privacy. Same thing happens when a terrorist deposits money into your bank account or money involved in illegal activities gets deposited to your bank account. The best thing for a person to do in such a situation would be not to touch the money and file a police complaint by himself. Similarly, in a gambling site, if someone is trying to frame the person he can simply not touch the account and inform the police about the same. |
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Well it's not that bad but at any time 900 RP > 450 RP + 200 sats + 500 lottery tickets.
Even I had tried it once but my returns were worse than this so I never bothered again to spend my RP on this.
But again, it's good to have this option just in case we don't reach the 100k RP to exchange for BTC then we can use this option.
Depends on what your aims are. My aim is to get 100k reward points so that I could turn that into cash, that would be awesome and I really want it, so far I have done it once, and planning on doing it second time now, probably will do before 2023, but I do not gamble too much hence why I do not get many reward points neither. I have the same aim, as a lot of users. I think, thanks the WOF spins that you get if you have a premium membership, it is possible for everybody to reach this goal even if you don't really wager, place bets or have referrals. I have reached it once and will probably reach it again by the end of this year, mainly thanks to these WOF spins! this is why i am considering freebitco as one of the generous gambling sites in the forum. they don't even require wagering requirements with these free coins. as long as you accumulated their minimum withdrawal, you're good to go. now, i am thinking that there are users that are indeed taking advantage of these features, WoFs, conversion of RPs or using RPs to convert to other prizes. but haven't seen from here that someone claimed RPs from electronics, that's a lot of RPs to accumulate. Yeah, freebitco.in is definitely one of the most genuine gambling sites present on this forum. Not only it doesn't have a wagering requirement on the free earnings but also it doesn't have any KYC verification also. Speaking about RPs, I haven't exchanged any RPs till datr. It's gonna be my first time when I accumulate the whole amount of RP. Although we have WoF spins which gives us good amount of RP I think we can accumulate more rapidly when we spin the free roll and also play the multiply BTC game. |
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newbie often run into losses when investing in new projects. ,i once bought new coins but i can't resell them. i think i have been cheated  what can you suggest to us and how to find out if the project is a scam? Is it true that new Coins can give big profits as people say on youtube channel? I personally think that the first thing a newbie in crypto should do is learn how to survive in the crypto space. If you keep running behind money in the beginning then the market will eat you up. You will feel cheated and will probably quit crypto. But if you learn how to survive and then later on learn how to make sustainable profits then you can stay in crypto space for a long time. Don't run behind profit by investing in new coins but try to invest in well established coins like bitcoin and ethereum and monitor how they perform over the period of time. Learn how things work and the fundamentals of the particular coin you invest in. That is how you can be successful in the long term. |
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Just by reading the post title I kind of understood what would have had happened and I guessed it right.
You are doing a good thing by teaching your children what bitcoin is but at the same time it is absolutely necessary to shine some light on privacy and security too.
I think you should teach your children about security by playing some kind of games with them where the moral of the story would be how to avoid from being scammed/robbed.
This would be a great eye opener for them and they will remember it for life time.
You can then gradually convert those security incidents into cyber security and then relate it to bitcoin.
This thread is an eye opener for those who are thinking to teach their children about crypto.
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Lets assume Guggenheim's Minerd speculation on bitcoin having an ultimate bottom of $8k if it hits $30k referencing the "[U.S. Federal Reserve] being restrictive.”, Currently bitcoin price is below $28k and from the look of things this speculation might and might not be accurate but what if bitcoin price falls to this very dip. I am asking what will you sell to buy more bitcoin if this speculation ever happens or will you choose to sell off all your bitcoin due to FUD. ❎ - Sell at a loss ✅ - Buy the dip If at all bitcoin goes to $8k then there are two things I would do. 1. I will not sell my bitcoin below $50k 2. I will buy more BTC to accumulate more coins at cheaper price. I already have some spare fiat money for this as I had already planned to buy more if a huge dump occurs. |
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Yesteday I bought 1 WOF SPIN / ROLL with 900 RP snip and I got around half of it back, plus 200 sats and some lottery tickets. I think it's not bad. I had my fun, and also I hope to win something with my 500 lottery tickets. snip Why not?  ^^ Also placed some sats on my favorite Lewis Hamilton with 19.47 outcome odds. We'll see how it goes. Well it's not that bad but at any time 900 RP > 450 RP + 200 sats + 500 lottery tickets. Even I had tried it once but my returns were worse than this so I never bothered again to spend my RP on this. But again, it's good to have this option just in case we don't reach the 100k RP to exchange for BTC then we can use this option. |
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In the name of an incomprehensible "danger" for children under the age of 18, the rights of adults are being destroyed as always  By the way, I'm wondering if the ID system works, but at one fine moment the corrupt government shows "evidence" that the opposition politician is an avid gambler and lost millions, despite the fact that his official income is much less than these figures. How can you prove that he did not do this if the ID is, as it were, separated from the person but 100% certifies the person in the casino? Proving that the ID belongs to that person in the casino is another thing but proving that the money was deposited by the same person is where the evidence lies. The source of depositing the money into the casino will show us whether the money belongs to that person or not. He can simply get away by telling that he did not deposit the money by himself provided the fact that the money is still there in his gambling account and he did not use it for gambling. Most online casinos (at least those that I know and those that I deal with) now have the option of depositing an account through cryptocurrency. Taking into account the fact that not all addresses are 100% tracked, anonymous depositing funds to the account is quite possible. The most difficult thing in this scheme is linking the ID to the individual, but when the state controls this system, it is easy for them to implement such an algorithm. In this case it really depends on what the evidence actually is. If the evidence is valid then yes it will be easier for the government to prove that the person is involved in money laundering. But if the person is actually not aware and if the government is planting the whole thing out then there should definitely be a way to prove the person not guilty. Anyway, it depends on us how we use the digital ID. For some it might be a good thing while for some it might be bad. Other than that, there are always other casinos where KYC is not mandatory so people can just use those if they don't want to use this feature. |
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Hello everyone.
I'm try to trading professional trading not possible to in this market condition. how safe my asset proper way?
I mean if we see "when is market condition bear" then i would be perfect call to buy top100 crypto. But anyone suggestion in this situation when we fall in bear market.
Currently the market is range bound between $29k to $32k and is consolidating. So if you want you can trade in the same range to accumulate small profits. Also, even if the market is going bearish you can still trade and earn profits by shorting the coins. You can do futures and set it to x1 leverage which is just the same as spot trading and this will allow you to short and make profits. |
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It's best to use both TA and FA in my opinion. More preferably, we can use FA for the long term and TA for the short term.
TA gives us a good entry and exit point which we can use to gain more profits. FA gives us a firm belief that the particular coin will definitely do well over a period of time.
I mostly use TA because I already have my coins picked and so I keep trading them then and there to accumulate little profits.
I also have some coins which I am holding for a long term and will probably won't withdraw until necessary.
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Well, we can say it is going sideways currently but we don't know until when. We can only wait until the price bounces back.
If you see the weekly chart we can observe that the price has been falling every week until today.
So may be will have to wait few more weeks to see if it's really a sideways trend or not.
For now, i think the best thing to do is to observe the market if its going downward trend or the other way around. IMHO, its far seeing a bullish market this early, maybe we can witness that at the last quarter of this year. So i think the market will continue to be bearish and that bitcoin and altcoins will probably experience more bearish movements. So it's best to wait how far this market will go. Only then we can decide what to do. I don't think though that we will have the break out run that we wanted, maybe just a couple of thousands of dollars here and there, but not the one that we wanted to see. I even think that this month, it's going to even break $32k. we are indeed in the bearish trend and there is no amount of positive news that will push the market to get into at least a higher highs for this year. Let's just say we should expect this whole year as a bearish trend and not expect a sudden change to bullish market. 32k is really something hard to be break yet the price do make out some rejection whenever the price hits up into this range which we've been having this kind of behavior for a long time or i do even expect that bear market could really be lasting for a year just like on what happened after 2018 where moving sideways is way too long. You cant be sure on what would be the next move but much sure that bitcoin or crypto market as a whole would really be having those times of bullish runs. Also, one thing to note is that after every bear market there used to be a catalyst that spikes up the market which is then followed by a bull run. So we can keep waiting until there is a huge positive news in the market which triggers the bull run. Until that moment, we can keep expecting bitcoin to go sideways and may be more downwards if a negative sentiment arises. |
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The problem is that by using digital ID there are chances of identity theft. Since the IDs will be stored online it might become vulnerable to hackers.
They must have high security on their site if not the outcomes might be disastrous.
Further more, using digital ID the government will be easily tracing the users for how much they gamble.
So that is kind of a privacy issue and the governments can very well take advantage of it.
The only useful thing that I find using digital ID is that it will restrict children under 18 from gambling.
May be if the government put a certain restriction on people from over gambling then may be that can help.
In the name of an incomprehensible "danger" for children under the age of 18, the rights of adults are being destroyed as always By the way, I'm wondering if the ID system works, but at one fine moment the corrupt government shows "evidence" that the opposition politician is an avid gambler and lost millions, despite the fact that his official income is much less than these figures. How can you prove that he did not do this if the ID is, as it were, separated from the person but 100% certifies the person in the casino? Proving that the ID belongs to that person in the casino is another thing but proving that the money was deposited by the same person is where the evidence lies. The source of depositing the money into the casino will show us whether the money belongs to that person or not. He can simply get away by telling that he did not deposit the money by himself provided the fact that the money is still there in his gambling account and he did not use it for gambling. |
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Apparently Denmark is all Set to Launch the new Digital ID rules for Gambling in the upcoming July. They have already been using some sort of identification but apparently this is new and improved and would apply for all the gamblers willing to submit their ID and use the services. EasyID is now going to be Replaced by MyID. The license holders of online casino would have to now integrate their systems in the manner that the government prefers. People are still waiting for an update but I would like to know what you think about the system of online ID? Integrating it with gambling might be saving some kids going on these sites but it might also be taking all the privacy away. What are your thoughts on this ? Reference: https://www.gamblinginsider.com/news/16594/denmark-to-introduce-new-digital-id-rules-in-july The problem is that by using digital ID there are chances of identity theft. Since the IDs will be stored online it might become vulnerable to hackers. They must have high security on their site if not the outcomes might be disastrous. Further more, using digital ID the government will be easily tracing the users for how much they gamble. So that is kind of a privacy issue and the governments can very well take advantage of it. The only useful thing that I find using digital ID is that it will restrict children under 18 from gambling. May be if the government put a certain restriction on people from over gambling then may be that can help. |
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Just as there are crypto trading bots, there are also gambling bots. According to Wikipedia, Gambling bots are software which use a gambling website's Application programming interface (API) to speed up the process of placing bets based upon a gambling system or betting strategy to decide which bets to place. In short, they are AI powered bots that do the betting for you. Aside form the risk of having your casino account closed, these bots are not ideal for all types of games. There are several reasons people give for using bots. From making betting easier, being able to use multiple bots at once, to being highly able to accurate predictions about a game’s outcome that could in turn increase the individual's chances of wining. Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win? I think I can answer this question well because I have tried the auto bet feature on many games as well as I have used bots/automated scripts. In fact I have created bots by myself which I have used to play some dice games at times. It was all for fun though. Yes, I think they might come handy when we have a particular strategy in our mind. We can execute the bets as per our strategy without having to place the bets again and again. Both playing manually and using bots have their own pros and cons. |
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CBDCs may act as a boon or a bane. Only time will tell us how the world is using it.
If it's amplifies the usage of bitcoin and altcoins then well and good but if not then it will certainly impact the growth of cryptocurrencies.
China is really taking it huge with the creation of digital Yuan and lately I came to know that China is growing more than US economy.
If it keeps progressing then I am afraid that the world reserve might shift from the US dollar to the Chinese currency.
Once that happens, it will be easier for China to manipulate the price of bitcoin.
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Now that's a good move from Paypal. Although it might not benefit Paypal at revenue level but it is facilitating an ever wanted service from their side.
There were so many negative talks earlier when Paypal had restricted the withdrawals in their wallet but now since they are allowing the withdrawals it seems like this might bring a positivity in the market.
The last bull run started when Paypal had announced that it is accepting bitcoins and may be this move by them may give bitcoin a little spike in the price.
Let's hope for the best of bitcoin and see how it goes.
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There was a time when 0.01 btc was around 30$ and now it is worth 300$. That is 10x increase in the worth in only 3 to 4 years. Considering this growth rate, we may see 0.01 btc priced at 3000$ in the long term. Even this amount will not make you the richest person in the world but still holding bitcoin as much as possible is beneficial.
well, if you aim to get rich with that value, I think it will be very difficult, even when 0.01 bitcoin is worth $3k, then I don't think it can be assessed as a rich person. however, in the future, the value of the item may go up, and $3k won't be that much. however, a pretty good value held in the long term is 1 bitcoin. it might actually make you rich in the future. imagine when the price of bitcoin can be worth $ 1 million, then you can become rich with $ 1 million in some countries. Yeah that's right. Although 0.01 bitcoin is not that much of a big amount right but it is still worth holding it. As time goes, it will prove to be a worthy amount. It might not make one a millionaire but it might help him get through some large expenses. As you said, 1 bitcoin is a pretty good amount to hold right now and the chances of 1 bitcoin going $1 million are quite decent enough. If it does happen then yes one can become a millionaire just by holding 1 bitcoin. Holding 1 whole Bitcoin is not a joke now, that's a fortune to average people who love to save and hold this asset. We never know how high the value can reach as until now there are players who continue to work inside the market, newcomers and experienced traders do have different perspectives, but the goal is the same, they both wanted to earn and if by then the value of Bitcoin already reached $1M, that .01 BTC is something that you would really love to have. Yes ofcourse. At the same time, it would be easier for a person to accumulate 1 bitcoin right now while it is cheaper than when it has already reached a price of $1 million. Although it is a huge amount for many people including me but it is still achievable. I personally think, ANY amount that we hold in bitcoin is worthy to hold it for a long term because bitcoin is so precious. There are no limits to it. We never know how high it can go and so it's best to accumulate as much as possible. |
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That is indeed a very bad news. A similar situation to Mt.Gox might occur if things are not sorted out soon.
If things get worse then BNB coin might collapse just like LUNA and this will definitely affect all the other coins including bitcoin.
Binance is a huge crypto exchange through out the globe and if something bad happens with it then it might create a havoc in the crypto community.
A blood bath is inevitable if Binance doesn't get away with this soon.
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We experienced unexpected events or moments in gambling like this one, you are calling it off a day in a session then you're suddenly on a winning streak thinking that it's your time to get back what you've lost will you go or will you stop and come back the next day.
I'm sometimes tempted to continue but I know you cannot beat the house, so most of the time I just call it a day and just wished that tomorrow or next time it's my lucky day. What about you what's your take.
Yes it happens with me quite a lot. But I am aware of the fact that if you are on a winning streak then there are high chances that the next bet will be loss. So if you have a feeling that you have collected a decent amount then just quit the game and come back the next day. Also, you can continue the winning streak and wait for 1 or maximum 2 continuous losses. As soon as you hit the losing bet just quit for the day. |
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