Hello everyone,
Unlike fiat currency like the U.S. dollar – as the Federal Reserve can simply decide to print more banknotes – Bitcoin’s supply is finite: BTC has a maximum supply embedded in its design, of which roughly 89 percent had been reached in April 2021. It is believed that Bitcoin will run out by 2040, despite more powerful mining equipment. This is because mining becomes exponentially more difficult and power-hungry every four years, a part of Bitcoin’s original design. Because of this, a Bitcoin mining transaction could equal the energy consumption of a small country in 2021.
I found these topics in an article, I hope the opinion of experts in this regard.
Since the bitcoins are limited, there will be no inflation in bitcoins. Also the number of bitcoin will always remain the same (though they may decrease too as some bitcoins are lost due to lose of private keys), which means that the demand will always be on the higher side as compare to the supply. The world will not run out of bitcoin, however you have to pay more price to buy the bitcoins because the demand of bitcoin is increasing continuously. |
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Do you already run an audit on your phone to look for a potential malware? There’s a lot of same issue like you with Coinomi especially wallet with huge amount of Bitcoin that dormant on there wallet but since Coinomi is a non-custodial wallet, its very hard to accused them stealing your money since you are the holding your private key. Jut follow there suggestion to report this to law enforcement so that they can easily request files the company that received your Bitcoin.
Invest on hardware wallet like trezor and ledger next time if you are holding huge amount of Bitcoin to a none open source wallet. Sorry for your loss mate.
This is a strange incident and i am really worried that if this could happen with Coinomi wallet, then other non-custodial wallet are also not save ? Which non-custodial wallet is best for saving the bitcoins other than the hardware wallet ? Also do you think that it is a flaw in the Coinomi wallet or was it something related to any malware/virus in the phone which caused this hack ? |
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Not sure that I would call it adoption but it surely gave Bitcoin A LOT of publicity in terms of being a currency/asset that requires zero permission. It's just unfortunate that a lot of people had to realize it only when in times like this — like they had to literally see it with their own eyes instead of just realizing it through studying it.
Also people have come to know that in these crisis times, only bitcoin is the true store of value. All the centralized fiat currencies controlled by the banks and local governments will lose their value in war situations. This is an eye opener for those who do not consider bitcoin to the real money and do not realize the true potential of bitcoins. |
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The owner of several casinos you mentioned has donated a decent amount to the russian opposition(Alexei Navalny’Anti-Corruption Foundation) in the past. And I highly doubt that any of the owners of the casinos you mentioned live in Russia. Many of them have moved to different countries across the globe and pays taxes in their jurisdiction. But surely you can spread your hate to all russians and all russian speaking people.
Although i am not in favor of banning the casinos in russia, but that is also my other concern that how are we so sure that the sites mentioned in the OP really belong to russians ? I am not agree with such initiative because excluding those couple of sites that are well known for having scam practices (as we have seen from dozens of post made on forum by users) most other sites are not a scam and don't deserve to be tagged like "part of the problem".
Are the gambling sites responsible for this war? The answer is No, so why we should boycott them when they have nothing to do in all this? |
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In 2013 we had a bull run but at that time bitcoin was not known to me. I myself saw the 2017 bitcoin bull run and then we had a massive altcoin bull run. We were expecting the same to happen in 2021 but it did not happen. Some people say that bull run is delayed and some say that next bull run will be after the next halving in 2024.
I sometimes think that bitcoin and crypto market are now matured and we may not see extended bull or bear runs. Bitcoin will reach a hunderd thousand dollars or more but it won't be a parabolic move. What are your thoughts on this ?
if someone followed your speculation and bought much Bitcoin that time ? then today they will surely crying and frustrated lol. though there have been increase happen recently when the price runs up to 45k but that is the highest and now stays at 37k . this same reason why I did not believe that there is a Bullrun instead i Knew it is bull trap lol. I don't want to discuss whether we are in bull run or bull trap market. If we just forget about the bull and bear market, we shall know that bitcoin is in uptrend overall and it rewards to those who hold with patience. If we can make 2025 the year where we may look to sell our crypto, then we will be saved from current volatility in the market. |
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Bitcoin decentralized government will never have the power to control it for which it is difficult to impose taxes. Created on an open source basis and without a single issuance center the cryptocurrency is completely independent of bitcoin government banks and corporations he is anonymous and easy to manage protected against inflation. The popularity of a particular currency depends largely on the development potential of the currency once centralized the government is able to control like fiat.
The writing is hard for me to understand exactly the point you are making, but since it seems you are pointing of government not to be in control of bitcoin because it's decentralized currency and the documents of bitcoin is not in position of any governmental unit and agency, it is real that Bitcoin is different from fiat and is independent from it regulations and that made it automous without the support of government subsection. Even though bitcoin is decentralized, the governments focus is to somehow make bitcoin regularized. Since they can't control the usage of bitcoin, the only option left with them is to regulate it. They can't let people use crypto freely, they will try every effort to have some sort of control over it. With this you can see the potential for bitcoin is always on a high side. |
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My country banned sportsbet.io, Binance.com, and any kind of gambling website. so how to access it without proxy?
Can you tell us which country has banned crypto gambling and trading site? This also means that the country must have put a complete ban on cryptocurrency usage. Is it so? You may access these ban site by the method you told or through VPN, but this is indeed risky. For example, what if your country stops the SMS messages from Binance too and you are unable to login as you never recevie the one time password from binance. No vpn can be helpful in this case. Also if you are not careful, your ISP can track that you are accessing the banned site sportsbet.io etc. |
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I also did not notice any lag but yes, there are many users playing simultaneously at gamdom and usually, i see the number over 2000. Sometimes, the site takes time in loading, but once it is loaded, there is no lagging.
I also like the interface of the crash game where you can not only play the game but at the same time chat on the left side of the screen.
Lag can not be seen directly it happens when you play and try to click cash out like I said before just a few seconds doesn't really bother me Maybe some people are annoyed and blame it when the cash out point is close to crashed If you've ever played a crash game you know this situation just like a soccer match when a goal is scored but canceled by VAR  Seriously i still don't get it or i can't believe it. Are you saying that the site will freeze themselves at the backend so that the people cannot hit the cash out and the fund is zero in the crash games. We have seen this type of tactics by binance and other exchanges, where at the time of high volatility we cannot open or close our positions. Don't know if this cheap tactics exists in crash games also  |
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The good thing with blackjack.fun is does not have a transaction fee, I don't know perhaps for the signature participants only.
I noticed there's a transaction fee based on network fee, correct me if I'm wrong because I'm not really paying attention to the transaction fee everytime I make a withdrawal, so I'm not really sure though. What I like is that the withdrawals are instant, especially if you are gambling on the site. The withdrawal are instant and you have to pay the transaction fee. You can keep your playing money at the site and also avoid this transactions fees. Thank you for the suggestion! Added to task list.
Sportsbook
Ok! Added to tasklist.
Happy to hear this news that Sportsbook has been added to the to-do list. I hope to enjoy this much-loved sports betting as Blackjack is a very instant draw. This is amazing progress that the team continues to update to improve blackjack and customer satisfaction with the VIP system functioning later, this is of course a great hope for us that this game in blackjack is even more different. Now we can have both the gambling games and the sports betting on the same site. That will be fun and i would wait for this new feature to be added. Any idea, how long can we expect this feature to be live ? |
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I played just now in Gamdom I would like to ask if it is just me or the crash games sometimes is lagging? Is there a way to avoid this and run smoothly or is there an option to turn off the animation? Sometimes I am panicking especially when I am near my target and I don't use automatic cashout since I am more comfortable with manual cashout.
Yes I experienced it too but it's not too bothersome it's only a few seconds. Crash game activity is quite high in Gamdom each round there are 50-150 active bets more active than other sites it's a good idea to also activate auto cash out while you can still get ready with manual cash out this is just to anticipate if there is more lag I did not notice any significant lag in the crash game personally, but I always make use of the autobet function as a protective measure against possible connection disruptions. This is the best precaution to take and I recommend everyone to use it. I also did not notice any lag but yes, there are many users playing simultaneously at gamdom and usually, i see the number over 2000. Sometimes, the site takes time in loading, but once it is loaded, there is no lagging. I also like the interface of the crash game where you can not only play the game but at the same time chat on the left side of the screen. |
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I don't mind if bitcoin won't recover until 2025 because that means we can still have the opportunity to collect more bitcoins from now until the recovery takes place later. We still have at least 3 more years to try to get more bitcoins and I'm sure if the price moves up and down more, we can profit. We can save profits in bitcoins until the recovery phase comes again and we will have a chance to sell at the next high price.
Yes, i agree with the first part that we need to collect as much bitcoin as possible but i may not agree that bitcoin may not recover until 2025. What if i say that bitcoin will reach another all time high before the next halving or before 2025 ? Believe me. i am still hoping for the blow off top for bitcoin which may be over 100,000$ and that too in 2022.  There will be a bad bear market of 2 years after this event. |
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The problem is not the hope, it is listening to FUD. Many people have already learned that bitcoin price is not going to reach the "moon" overnight but they still need to also learn that there is no need for it to crash for any arbitrary reason just because some people are fearmongering.
For example take the recent events. Why did they panic sell and crash the market to $34k? Simply because they were manipulated as we can see price is back to trying to pass $40k again despite the reasons for the FUD not having gone away.
My question is why the fud feels so real. When bitcoin fell to 34,000$, no one seems to be telling it will bounce from here. The social media analyst were screaming that it will go to 20,000$ because of this war. They reminded us constantly about the march 2020 covid crash and told us that this is a similar crash. Many people sold their holding and later price instead of going further down, started to rise and is near 39,000$. When these analysts will give us hope that bitcoin is over 40K and bull run is about to start, the bitcoin will start dumping. |
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Moving further downwards FUN token is now at 22 sats and this is the lowest I have seen.
I wanted to bet on BTC price and was waiting for the last day but this time again I didn't keep a track of time.
Eventually I missed out on the price prediction but I guess it was good that I missed it since the sudden change has made price prediction complicated.
I have already seen a lower price than that for the FUN tokens. We got a (random) spike some time ago, but since then the price remains low. Same as you, I am glad I didn't bet on BTC (or ETH) price as right now it is super volatile and it can quickly turn. It is a very good time to accumulate fun tokens. Also if you have fun token you can participate in many competitions like this Dplay one.  Just one more day left and we have a very good chance to win 3500 fun tokens if we rank between 4 to 10 spots. I am not aiming to be the lucky one at a first spot that will win 88,000 fun tokens. |
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Just read this report:
EU on Track to Ban Bitcoin: Report
'Bitcoin will be banned in the EU starting from 2025 if the Commission and the Council of the EU don’t ditch a crippling amendment to the MiCA framework'
Check the date , that is 2025. Who knows what will happen in 2025. If they need to ban crypto, why not ban in 2022 ? The fact is that this news are produced only to suppress the bitcoin price and create negatively. Don't know why it is done, perhaps some whales need to buy more cheap bitcoins. They can't ban bitcoin now, not next year, and not even in 2025. I think in 2025, you will hear statement that EU have accepted bitcoin |
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I'm a bounty spreadsheet manager. If you need people to work on your spreadsheet, then let them know that you will get 100% good service here. If anyone needs a good bounty spreadsheet manager, get in touch. You will see the work first then pay. Telegram: ( https://t.me/jontokhan) That's tideous task but judging by what you wrote, you probably already have previous experiences doing that? Can we see those on a list? <snip> As he has told he is an experience bounty spreadsheet manager, he might already be working with any reputable manager here. But then he won't show and name the bounty he is working/helping the manager, as i don't think any manager will like this to be disclosed. Secondly handling bounty spreadsheets is a tedious task so he will be demanding a good return for this work. Bounty hunters seem to complain that these days bounties are useless, I wonder if bounty managers are getting good enough pay that they can hire workers for them? |
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... after creating multiple post and account for this company now all are gone and missing .
Multiple posts are probably missing because they were deleted by moderators. Many new companies coming here for promotion simply don't know (or completely ignore) the " ONE thread per site" rule. I have mentioned this concern before also on this thread of the very causal and irresponsible behavior from some of the new companies trying to promote their casino on the site. If they are not active, do not respond to user's query and do not have a presentable ANN thread, then it will only give bad impression for the site and they will lose a big gambling audience which is present on this forum. These days, no online business is a success without a proper dedicated promotion and marketing. |
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Ukraine soldiers leaving for war and most of them will never return.  |
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It feels good to get the first paycheque in Bitcoin, that feeling when your first Satoshi lands in your wallet it gives some relief knowing you can work and get paid in Bitcoin and it doesn't require any paperwork or third-party agent to get your payment.
Lol paycheck? are you serious? there will never be a check because this is crypto and a online transaction lol. Obviously, by paycheck, he did not mean the paper check we get which we cash out at banks Generally, we usually term the payments of work or services as "paychecks". I can understand the happiness it feels when you get your first payments in bitcoins. This is more true for those who haven't had any bitcoin wit them before. Owing a bitcoin wallet, with bitcoin in it always feels good. |
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A Hours ago, Russia launched its missile attacks on Ukraine. Following this war, the price of oil has reached $ 100 and Bitcoin has fallen sharply. At the time of writing, the price of Bitcoin is $ 34,999. I think buying and selling in this situation is very risky. If the United States goes to war with Russia, more allies like China and Iran will definitely come to Russia's aid, and that means starting a world war! Bitcoin has never been in a world war and we do not know how it will react to this situation! - What do you think?
- Will we wait for more falls?
- Will the US and Russia start World War III?
There is no WORLD WAR III. There will be no WORLD WAR. There cannot be a WORLD WAR III. We cannot afford another WORLD WAR. Oil prices CANNOT remain high. This is just because of the current news and it will settle soon. Bitcoin prices CANNOT remain low. Once the news is old, the price will begin to recover. You and ME and EVERYONE, DON'T need to be panic. |
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-snip-
They have KYC, every casino have KYC. So, always be ready for KYC in some situation. If you read the term and condition from Livecasino for withdraw case, a withdraw more than 2,000 USD will need to do KYC first. In my casino journey, most of the low roller gamble like only hundred dollars not really need KYC. No, there is no KYC unless they find you suspicious, probably winning a big amount or withdrawing large amounts. As long as you are depositing big amounts and losing them, you will never be suspicious  . And this policy is more or less same for every casino. So you are safe, since I know you are not gonna betting a lot.
Yes, it won't matter much for the average gambler but what if you hit a jackpot one day and needs to withdraw a big amount. In my case, i will feel no issue in doing KYC and taking home a handsome amount. |
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