It will affect the market to some extent but not a lot, because most of the times the growth in market comes from exchanges and those are mostly centralized ones. If most of the volume in market is coming from exchanges and if those exchanges are allowed to operate even if government gets involved in BTC then that would not impact the market in anyway.

But, if government gets involved and make new laws and rules for Bitcoin investors and traders then that would impact the market. But, still it depends that to what extent government monitors Bitcoin users. If government gets involved only to make Bitcoin a legal tender then that would positively impact the value of Bitcoin because people of that country whose government makes Bitcoin a legal tender will learn about Bitcoin and they might invest in it.

That was a pretty nice interview, the guy was smart enough to allow Bitcoin as payment method because gamers often know about cryptocurrencies as sometimes they have to purchase digital goods or other stuff with cryptocurrencies.

The store owner was fast enough to find that and allowed the gamers to pay in Bitcoin and other crypto currencies. I believe for such stores, it's better to accept stable coins in order to be safe from the volatility of the market.

But, if the owners are the ones who like holding their coins for long term then Bitcoin should be the no.1 payment solution that they accept from their customers. I know sometimes it's pretty hard to pay with Bitcoin due to network congestion but most of the times it still works way better than fiat.

I don't know the math behind those games but I have tried playing those games many times and made some strategies but it's quite hard to win those games. It seems like that they have some kind of Algo which changes itself when it figures out someone is using a strategy.

I have literally made $100's worth of bets on those crash/aviator games and I never won the house edge of those games. I thought that my luck isn't going to favor me in those games and that's why I gave up on those games. However, I still sometimes play those for entertainment purpose.

If I'm not wrong then casinos will still continue to demand KYC even if they face no issues from government's side. The KYC has allowed casinos to pay the gamblers who are lucky and who win most of the games. Some of those lucky fellows often forget about completing their KYC details before placing bets and when they win, then they have to complete KYC verification in order to withdraw their winnings.

The casinos know that KYC is something that will allow them to get some funds in their bankroll so they can pay the one who won a Jackpot, I know that such players are very limited in number and they always can't win the house edge of a casino, but at least casinos sometimes get extra time to pay such winners because of that KYC verification thing.

There are so many reasons but the most important reason is that why would someone force a person to invest in Bitcoin? Even if the person whom you're forcing is your brother, but still why would someone force anyone to invest in Bitcoin?

Investing in Bitcoin or investing in anything is someone's own choice and I believe that if someone wants a person to invest in Bitcoin then that person should give him reasons that why Bitcoin investment is a good investment.

If the reasons are satisfying then that person will invest in Bitcoin or al least think about investing in it. However, if reasons aren't satisfying then he/she will avoid investing in Bitcoin. I would say, that simply tell someone about Bitcoin and how it could change the future of finance, if that person gets it then he/she will invest in it.

Lack of knowledge is the correct answer, that's the one holding traders back from profits. The traders who aren't knowledgeable about trading won't make any profits even if they have starting capital of $100k or $1M. The traders who lack trading skills will even lose $1m because they don't know how to make profitable traders, and how to win against the volatility of the market.

I know that there are some traders who aren't able to make profits from trading because they don't have good capital to begin trading, but that's more like an excuse because there are those traders who had very little capital to begin their trading journey and now most of those are millionaire traders. That's why I believe that the traders who are knowledgeable about trading will make profits while the ones with huge capital but less knowledge will end up emptying their accounts.

I think from an investment point of view that thing makes sense, and also from saving point of view, but if you want to enjoy the present moments of your life then you'll have to spend money.

It's hard to be happy without spending money in current times, that's why I believe on should try his/her best to spend some money in order to enjoy the present moments.

Another important thing I would like to say is that when you have skills that are at top levels then you can earn money again even if you spend whatever you have right now.

However, I also believe that spending money on unnecessary things is a sign of stupidity, but if someone spends money to make his/her life happy then that's a good investment in my eyes.

I think most of the US based Paypal users won't be interested in buying cryptocurrencies with Paypal. In US there has been many actions taken against crypto exchanges and platforms, that's why most people still consider crypto as a Ponzi scheme.

Those who think that crypto market is part of a huge Ponzi scheme would never consider purchasing crypto currencies. On the other hand the ones who're already crypto users will also think twice before purchasing Bitcoin with their Paypal accounts.

Some of those may fear high taxes while others may fear that in future their crypto currencies may get seized by government if a new bill is pass. I know a group of people who're learning about crypto currencies many purchase cryptocurrencies with their Paypal accounts but the number of such users is going to be very low.

I agree, in such regions gamblers will most probably try to go to traditional physical casinos instead of doing much on the online casinos.

The rules and law often cause fear in the minds of the gamblers and that's why they might try their best to avoid online casinos so they won't get any trouble from government.

Very true, Bitcoin's price is the best indicator for the traders who want to open altcoin positions, but only when the altcoins that aren't getting highly pumped would be affected by the peaks or dips of Bitcoin. The pumped coins are often not affected by Bitcoin's value, but the rest of the coins will get highly affected by Bitcoin's value. If Bitcoin gets a major dip then the whole market will get impacted by that dip without any doubt.

I think it would be tough for a newbie to determine that who's a good trader and who isn't a good one. That's why when they follow a trader blindly and if that trader isn't a good trader but shows himself as a good trader then the newbie won't learn anything good by following that trader.

Yes, I believe Sec will be forced to approve the Bitcoin options trading in future. They were against the ETFs but they approved those ETFs and in same way they are somehow against the options but they will approve those as well one day.

I don't know about others but I think we are somehow losing essence Bitcoin because of those ETFs and in future because of Bitcoin options trading. I know the options trading will help Bitcoin to achieve higher peaks in value but those options will further deteriorate the decentralized nature of Bitcoin.

That was a pretty smart move, and I'm quite sure if I were on your place I would also do that. The one who didn't cash out lost the bet, that happens many times in online gambling. I hope he/she may learn a lesson from that loss.

I think you people were quite lucky because you got the sheriff aka Igebotz as moderator of your local board. Theymos always makes decisions to make the forum a better place, I know it's not easy to take strict decisions but those had to be taken in order to make this forum as reputable as it has been for last many years.

Congratulations to Naija board for having Igebotz as their moderators and congratulations to Igebotz for becoming moderator of his local board. I hope that the sheriff will continue to serve his duties more strictly from now on. Best of luck from my side!

First Prediction - $60,133

Time:81'

You're right that the gamble who made that bet is not a simple gambler like most of us but someone with good bankroll. However, it would be stupidity to let $50 go in hope of getting $100k even if a gambler stake $5000 on a single bet. I know if luck may favor that gambler then they might end up winning more than $50k with that bet but one should not take such unnecessary risks in gambling.

I think you're right those accounts seem like alts to me as well. I have skimmed their post history and most of their posts are written in same way. All of those accounts have same grammatical mistakes and they have same pattern of writing. I'm not fully sure but I also believe that those accounts could be alt accounts controlled by one person.

You were lucky to win $54 with just $2 deposit and if I were on your place then I would withdraw at least $40 out of the winning and play with the rest of it to win even more. But, instead on playing that game on that day I would wait a week or two and then place my bets.

I have never bought any bonus on slot games but after reading many stories, I found that the ones with bonus might get much higher multipliers sometimes. I'm personally not sure so I can't say anything accurately. However, I would personally avoid bonus and play normal spin.

Sorry for your loss but 1xbit has violated many terms for many users and that's why I suggest you to avoid that casino in future.

The 1xbit is known for their shady activities and those who aren't aware about their scam activities often get scammed by them.

You're in the list of the victims who were scammed by the shady casino 1xbit and you can't do anything against them as they have been doing that for years with their players.

If I was on place of that guy then I would consider cashing out because in gambling anything can happen and earning $50k with just $1.5k bet is quite profitable I believe. No need to wait for $100k when you can cash out $50k without any risks.