Some casino may seems to be genuine but their conducts may make them appear cheaters to their users. Because every users will always want a casino to run in a particular way to suit their peculiar interest. Moreover, there is no casino who are 100% pure, they manipulate things to make gains, to me this casinos are genuine. But some of them are greedy to the extend of scamming their users completely.
Casinos are built to make the owners rich and not the gamblers and they will do anything in their power to make that possible, They cheat a lot and i am certain most of the games there with the exception of dice which i believe is based on pure luck is sabotaged. I think it really depends on the venue in question. If there's a casino at a location without regulations and regular check-ups, it's possible that the games could be rigged. But in decent casino's, the 'rigging' is just done by math, they have a positive house edge on the games and automatically make money over the long term. Online provably fair casinos are a different story, they are 100% fair if they've implemented a correct provably fair system. There are many casinos that also have other games than dice that are provably fair. There are probably people who can set up something to cheat with that'll go below the radar. Yeah that's certainly possible, but I don't think something like that is done on a massive scale. Why would they have to cheat? They can legally adjust the payout rates of certain games like slots. All slots are by definition 'rigged'. Table and card games are the ones that could most easily be rigged, but like I said, this only happens in shady casinos. |
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I keep my profit in BTC because it's way better for me in terms of taxes.
Capital gains tax isn't applied when you don't convert your BTC into fiat, at least it's not in my country. (US is different)
I also think that Bitcoin is a pretty good long term investment, even these crashes don't really scare me. I've seen it all before.
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Cg will keep grc on wallet longer ? since its a problem with their wallet?
Yes, we'll extend timeframe for withdrawal. I hope GRC team will fix their wallet issues soon. That's good to hear, I hope those wallet issues will be fixed permanently then. GRC is a good project, it desevers any support it can get  |
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When are you selling those coins exactly? Are you selling them while the price is still rising or when the price is going down?
It's positive that you still have a profit in the first place, but perhaps you should look into holding coins longer in general.
I doubt you held any of those coins for a year, or am I wrong?
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It's about time too, I'm glad that bank seem to have picked up on the fact that the service they offer is getting more outdated every year.
My own bank now has a feature that you can make online payments using a QR code, just like you do with Bitcoin.
They've also enabled 1-day transfers (express payment), which used to be something you'd have to pay extra for.
It's clear to me that part of this innovation was pushed through because of the rising popularity of cryptocurrency.
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Another thread like this? Give me some definitive proof that the price movements are caused by Chinese New Year.
Correlation does not imply causation and I really doubt that Chinese New Year has had that big of an impact on the price.
At most it played a very small part, but you've got dozens of news articles turning it into a big deal when it's not.
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It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.
As for tips, I'd suggest you first learn how cryptocurrency works by downloading a wallet and sending a couple of transactions to yourself.
Afterwards you can find tutorials about trading and how to use exchanges for day-trading.
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Interesting service, it's always nice to see more p2p exchanges enter the market.
The fees that you charge for each trade are not really competitive with those of LocalBitcoins though.
You're charging 2% while trading is free on LBC unless you place an advertisement.
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I'm not really scared to share gambling related stuff on Facebook, but it's just something that I don't do.
It gets kinda annoying for your friends if you would start posting gambling related stuff all day long, I know that I get annoyed at seeing the same stuff come up.
I'm also not really spending much time on Facebook and other social media anymore.
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How would that even work? I can't imagine that a supercomputer could just start mining Bitcoin out of the box, or could it?
I would think that they'd have to at least customize it a little bit ot be able to get it mining Bitcoin. Perhaps not because it's running Linux?
I'd like to know what their results would have been if they didn't get caught so quickly.
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This is just one single counter-argument made towards the claims that Bitcoin has no intrinsic value.
With Bitcoin you essentially buy access to the cryptocurrency ecosystem as a whole, think about it.
Most big exchanges only allow you to to use fiat for buying Bitcoin, so you need Bitcoin to be able to trade with other cryptocurrency.
While there have been a few major exchanges that also allow you to buy Ethereum or other altcoins directly with fiat, most people still opt to buy Bitcoin first.
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You've been a member here since August 2017? People who have been here since the early days have seen this exact scenario play out so many times already.
I seriously doubt that Bitcoin will disappear in the foreseeable future. The price may drop further, stay stable or may rise, but there is a core of people that uses Bitcoin because of its utility rather than it's speculative value.
Come back the next time when we're seeing an ATH again, then you can post a similar thread when the price drops again after that one.
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Very nice app actually, I've tried similar apps but I usually didn't really like the look of them.
The design of this one is really nice and blends perfectly in my background.
I've scanned it and found no viruses, ran it in a sandbox afterwards and didn't see anything weird.
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Thanks man, that's quite a nice post and I got to know a lot of different types of exchanges that I wasn't aware. I'm afraid that in practice, we are quite limited to the second type of exchanges you described (the centralized ones). I would like to use decentralized exchanges, since they would be a great way to avoid regulations fud, since they would be quite hard to shutdown (although like you said you can't trade fiat on them). The problem is that they lad to much right now.
I think it would be great if you added some examples of exchanges to your post. I don't know many decentralized exchanges, so it would be a great way of getting to know some more.
Kindly advise, can I (due to the forum policy) put ref links to the examples I will find good?  I don't know if your thread would qualify for that, I think you need to improve the design a bit for that. In any case, you'd have to ask one of the moderators if you're allowed to do that. Don't add them before you've gotten permission though. |
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Some casino may seems to be genuine but their conducts may make them appear cheaters to their users. Because every users will always want a casino to run in a particular way to suit their peculiar interest. Moreover, there is no casino who are 100% pure, they manipulate things to make gains, to me this casinos are genuine. But some of them are greedy to the extend of scamming their users completely.
Casinos are built to make the owners rich and not the gamblers and they will do anything in their power to make that possible, They cheat a lot and i am certain most of the games there with the exception of dice which i believe is based on pure luck is sabotaged. I think it really depends on the venue in question. If there's a casino at a location without regulations and regular check-ups, it's possible that the games could be rigged. But in decent casino's, the 'rigging' is just done by math, they have a positive house edge on the games and automatically make money over the long term. Online provably fair casinos are a different story, they are 100% fair if they've implemented a correct provably fair system. There are many casinos that also have other games than dice that are provably fair. |
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And what do you suggest people do, as more and more companies start using automation instead of hiring people?
I think it's a good thing that people are starting to look into different ways to become self-employed, I don't care that it doesn't directly contribute to society.
Do you think it's so great that someone spends 10 hours per day in a factory packing stupid shit in boxes?
So good for society... That we have someone packing up hundreds of fidget spinners every day.
Not everyone has to be an engineer or doctor, entertainment certainly has its place in society.
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For some reason, I don't really like to bet on or watch the Olympics anymore, just too much scandals going on there in terms of illegal performance enhancing drugs being used by entire national teams (Russia).
And then you've got the usual stuff like corruption within the IOC. I just tend to ignore most of the event entirely nowadays.
It's not like Fifa doesn't have its scandals, but at least you can be fairly sure that the top players are clean.
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From the article: Russia has many miners, and this is partly due to cheap electricity. This is to the extent of miners mining cryptocurrencies in the residential blocks. In some cases, they break into power supplies to obtain free power and firefighters warn that this overheats circuits. I suspect that this was the main reason that a fire broke out, you also see it sometimes when people steal power to grow weed for example. It's not the cryptocurrency mining that caused the fire, it's most likely because this guy jerry-rigged something to get free power and did a very lousy job doing so. Short circuit of one of the power supplies is also an option, but I'd suspect that has less chance to lead to a fire. |
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Are you thinking of adding new coins like RLT to your list?
You're talking about roulettecoin, right? Seems like it doesn't have that much volume, my personal opinion is that it wouldn't be a good idea to add such a coin to CG. While I would always welcome a new coin, I don't think they need to add another one just yet since they've just added GAS. But like I said, this is just my opinion and I can't speak for the admins/owners. |
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I am not necessarily promoting a cashless & cardless society but cash & cards can simply be an alternative. All you may need with you is your cell phone and ID card to move all around the world. Into such a morning of sun shine, I am looking at. But gradually what turns out is such a cashless and cardless society with eases lives.
I've always found Bitcoin to be fairly similar to cash actually, even though it's an electronic payment method. I mean, think about it, you don't have to rely on an institution like a bank to manage your money. It's also somewhat anonymous, maybe less so with Bitcoin, but more so with other altcoins. |
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