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2281  Economy / Gambling discussion / Re: Crypto stuck in sports betting site, now they want KYC on: February 19, 2022, 11:58:11 AM
Well from the looks of it, you have violated their TOS so that's ground for your account to be banned.
But the thing is that you have money there so their is the issue. I doubt though that you can get your money back for the simply fact, as I have said previously, there is a violation on your part. So sorry to burst the bubble for you, but chances are slim that you will get your $1,200.

Exactly.

Even though OP has friends in other countries where it is legal, I doubt that the gambling site he was talking about will let it slide. Gambling ToS once violated has a consequence, and even though your money is in their, I bet they will just simply tell OP about what he did and he will never get the money out of their.

It was OP's fault clearly, because he already knew what's gonna happen once he get caught.
2282  Economy / Gambling discussion / Re: Why I can't access a casino while my country isn't got blacklisted? on: February 19, 2022, 10:39:39 AM
Either it's on their side or your side, you can't do much on the former but if it's the latter, your ISP (Internet Service Provider) might've blocked that said website which might explain why you can't access the website. You can also try contacting the customer support of the ISP to discuss the issue. Also you can probably message the casino that you want to play in if they're in this forum and ask if you can use VPN.

Yes, these are the two possible reasons I guess why OP experience such problem.
If not, then he could try to contact the customer service of that gambling site, and ask why. Other way is to find another gambling site that is gonna work on OP, it is not going to be a problem since there's a lot of reputable gambling sites these days.

If OP doesn't really want another gambling site, he could also ask it to his ISP about the problem.
2283  Economy / Gambling / Re: Bustabit | Crash Game | Always Winning Script Best Price! on: February 18, 2022, 03:38:43 PM
The scenario has been specially prepared, you can earn continuous income with a minimum balance of 1000 bits. You win with small amounts but after 24 hours you will get a good profit. You can increase the amount of bets and increase your winnings, for this you need to take risks and have sufficient balance.

There is always the risk of losing, but the script has been prepared to provide the lowest risk and maximum profit.

The hours you need to work will be given to you separately.

Scipt Price : $250

Payment Gateway: Crypto Coin

You can reach us by private message.






Do not forget that you risk losing in such games, all responsibility belongs to the user.



Sounds really fishy to me. Because why would you even bother selling something when you can benefit on it on your own? If it is really a script that has been proven to work, then you should just use it to your own advantage. It's either it isn't really working or you are just too generous for your own good. Remember, once the security team manages to know how someone can infiltrate their system, they make ways to fix it. If your script do work, in a matter of time, it no longer will the moment they knew about it. Why sacrifice your hardwork when you can easily profit on your own.

For those reading this, beware of this type of scheme. If it's too good to be true, it probably is. Just do your best to play fair and win bets you make rather than relying on these type of schemes. Save yourself some trouble and money.
2284  Economy / Trading Discussion / Re: Giving Bitcoin to Employees on: February 18, 2022, 02:36:30 PM
Before making this plan to happen the employer make sure that their employees can use bitcoin everywhere since if bitcoin is not been adopted nor make it legal on the country where they on then for sure those people who doesn't know about how to use it will be confuse on how they can use those thing and might they will get upset for fee's and inconvenience they encounter upon withdrawal of their supposed to be salary.

OP wouldn't have this idea if Bitcoin is illegal in their country, he also mentioned that it is legal instead. They doesn't need a place where they could spend Bitcoin everywhere, simply converting it to fiat will do the trick. Besides, OP said it was for future savings, so basically the employees doesn't need to spend it instantly once they've received their salaries.
2285  Economy / Trading Discussion / Re: Is there a way to actually get to know the real price of Bitcoin? on: February 18, 2022, 01:25:03 PM
Is there a way to actually predict the price of Bitcoin?

If there is a way, then no traders would have lost their money in Trading. Bitcoin price cannot be predicted accurately, we can only predict what's gonna happen to the market, but still not 100% accurate all of the time, that's why a lot of traders still lose their money on the process of getting to know the cryptocurrency world very well.

The only thing we can do is to ride the trend in order to make profits, not go on the opposite way of the trend.
2286  Economy / Trading Discussion / Re: How weird is it to borrow money and invest into Bitcoin? on: February 18, 2022, 12:32:58 PM
It's not weird if you're using it on investment and promise to pay it on a certain date. What weird is continuously asking for money on your family or friends without even paying them while using it on things that's not giving any income at all. Borrowing money and investing it to Bitcoin is a boss move, just don't buy at the peak, buy the dip. Also, don't put it all in Bitcoin, because you need money to feed yourself while waiting for the right time to sell your Bitcoin to gain profits.
2287  Economy / Trading Discussion / Re: Bear vs Bull : The Beauty Of Cryptocurrency on: February 18, 2022, 11:50:32 AM
What shows in the image you've shared is true, but bearish market has one certain effect on some people. Yes, you could gain more bitcoin by buying the dip, that's a advantage if you have the funds to do so, but for those who do not have, and merely making profits from trading when the market is in sideways, bearish market is not good for them. I mean, especially if they lack on trading skills, they'll be force to sell their coins in any price on bearish market because they have nothing to buy foods and pay their bills.
2288  Economy / Gambling discussion / Re: Oscars to include Fan-Favorite Film via Twitter on: February 17, 2022, 11:28:58 AM
It is being reported that the upcoming 94th Academy Awards will be having a new addition. One of which is the Top Fan-Voted Film.

"Beginning this Monday, Twitter users will get to vote on their favorite films that were released in 2021 — regardless of if the film was nominated for an Oscar — using the hashtag #OscarsFanFavorite. The film that receives the most fan votes by March 3 will be recognized during the awards broadcast on March 27."[1]

Furthermore, "for both the fan-favorite film and cheer moment campaigns, Twitter users will be able to tweet out their submissions up to 20 times a day."[Ibid.]

I was thinking of the gambling implication of this. What if somebody places a huge bet, say, a million or two, on a particular film and then activates all kinds of bots and thousands of fake Twitter accounts that could spam the platform of votes 20 times a day every single day from the beginning of voting until the end? In other words, is this open for manipulation?


[1] https://www.hollywoodreporter.com/business/digital/oscars-twitter-2022-1235092124/

There's a high possibility that the results will be manipulated. Nowadays, we all know up to what extent technology can do. Almost everything is possible with the help of technology and innovation. If the Oscar's would really resort to such voting, there's a big chance that they will get a controlled results because of bots and surge of multiple, new accounts just for the sake of voting. Wayback, facebook auto like is a thing and that was like year 2009. What more now that we are in much modern and advanced world. Maybe they could try to team up with twitter to filter the accounts that will tweet and vote. Then let twitter do its way to clean up and ban those multiple accounts that are mainly used for the sake of voting and trolling.

Regards to gambling, I think this method wouldn't be adopted by the casinos because it's really risky and there's so many loopholes. Anyone can take advantage and abuse it which could cause disruption of casino's ecosystem and loss of projected income.
2289  Economy / Gambling discussion / Re: Drake Wagered $1.3 million in super bowl bet using bitcoin on: February 17, 2022, 10:48:01 AM
It's been a big trend on social media since the Canadian shared his bet slips containing how much he staked on the super bowl in bitcoin. And how much he will receive in bitcoin if the Rams defeat the Cincinnati Bengals in Los Angeles, which is about $2.29 million in bitcoin. The betting industry has a great acceptance of bitcoin. He made other stakes using bitcoin as well. But, what matters is how more celebrities with big fan Bases promote bitcoin. It's such a better way of increasing the usage of bitcoin in Betting Firms.



Source:
https://nypost.com/2022/02/11/drake-lays-down-1-3-million-bitcoin-bet-on-rams/

Huge amount of bet once again from Drake. It's actually no news that Drake bet millions worth of dollar in btc because he's been doing the exact same thing during the past years. I can say he is a risky gambler and isn't really afraid of betting big amounts because he can afford to lose it. After all, he can always easily earn back the amount he will lose if ever things don't go on his favor. He is a type of gambler that I think believes on the "high risk, high rewards" which maybe the reason why he bet so much. This step of him is a good opportunity for bitcoin and crypto in general to be known by his followers. Drake has a nice reach and he has so many followers on his social media accounts. Hence, his move of making his bet public could spark an interest among his followers which is a win for our community.
2290  Economy / Gambling discussion / Re: CrazyTime and Monopoly, should we trust? on: February 15, 2022, 03:47:18 PM

Live games are really entertaining, is like watching TV while we pace bets. But they are not probably fair, and there are a lot of videos on youtube that show how the rolls are manipulated. (https://www.youtube.com/watch?v=Yu7400hUA3A)

I know they run under a gambling license, but we don't know how rigged the machines are, even the Dice rolls for the Monopoly board could be a replay of a video and not a live roll.

That's why I start this topic, I want to know if the people of the community trust in those games.



There's no really guarantee that these games are under provably fair. Theres a chance that the video you see on the screen is recorded beforehand. It's really hard to tell because nowadays, technology is at its peak and anyone can do almost everything possible with the help of technology and applications. But if someone here is interested in these kinds of games, then I suggest that you check the provider they are under to. If that provider happens to be reputable and trusted one, then you could take your shot to bet, but still do it at your own risk. If you don't want to be paranoid and be in constant doubt that you are being cheated on by the house, then just drop and let it go. Peace of mind is still of importance after all. You could still find other things that could give you the same satisfaction with live betting. If you insist, just always be on your guard and just bet what you can manage to lose without a heavy heart.
2291  Economy / Gambling discussion / Re: Crypto stuck in sports betting site, now they want KYC on: February 15, 2022, 03:00:08 PM
I'm from the states and have been using a betting website to do some light sports betting. They do not allow US citizens and so I used a VPN to gain access. They only require an email address to create an account, and no KYC unless you want to buy crypto directly from them. I will not name the site for various reasons.

Anyways, sometimes I try to login to the site before setting my VPN and it simply tells me I'm in a restricted area. Never had any issues though, I just flip on the VPN and all good. I've been using this site for about 2 months now. Today I logged in and and it was requesting I input my phone number to proceed. It said I can withdraw funds but services were restricted until I enter my phone number. So I created a fake number from Hong Kong, and entered it in. It sent me a code and I entered it. Little did I know Hong Kong  is also banned from this site (I know I know, I was just in a hurry to place a bet). Now my account is locked and they will not allow me access to even withdraw until I go through full KYC.

I have about $1,200 of BTC in there, nothing crazy. If I KYC myself they will simply say I broke their TOS and lock me out forever (I did the research on this already). KYC consists of ID, recent bills, and photo of yourself holding ID. The only piece of information this site has on me is an email address.

I have friends who have friends in other countries. Some of those friends of friends live in impoverished countries. What's stopping me from using them to KYC my account and then giving them a piece of the stuck funds? I would only need to gain access to retrieve the funds and would not continue to use the account or website.

Is this a good idea and do you think it will work? Worth the $1,200? My only hesitation at this point is asking the friend and they go through the hassle but then it goes sideways and still do not gain access to my account.

Honestly, I really don't think your plan would work, but you could give it a try. The reason why I believe it would no longer work is because most probably their system already detected your original IP address and making someone do the KYC for you would really appear suspicious because they already pinpoint your location. I think your plan would just be futile and would even end up harming you in the process because violation of their terms and conditions means they would give a punishment depending on severity. Back then I even encountered being completely banned and my funds in that account wasn't able to be retrieved because they forfeit me from doing so. But it's still up to you on whether you will risk it or not.

If ever you decide to do it, ask your friends' friend to do you a favor in a polite manner and maybe give them some sort of token for trying. If they will succeed, then give them a reward. If not, then give them a token of appreciation. I just hope that your account won't be restricted because $1,200 worth of bitcoin is a good amount already. It's such a waste if it'll just be stuck with your unused account.
2292  Economy / Gambling / Re: Top 5 Slots Games to Play in 2022 on: February 15, 2022, 01:57:08 PM
1st Place – King Kong Cash
Your top slot to play on the web is King Kong Cash. This 5-Reel, 20-payline slot was launched by Blueprint. The slot is famous for its incredible number of bonuses.

It has a whopping nine bonus features — 4 randomly triggered base game features and 5 main bonus features.

It is also popular because you can play it for only 20p and win up to 1,000x your stake.

Features that make this slot stand out: 9 bonus and free spin features, a beautiful design, medium volatility and 95.8% RTP.

You can pay King Kong Cash and read a more detailed review right here:

https://bestslotssites.co.uk/all-slots/king-kong-cash-slot/

2nd place – Gonzo’s Quest
This is one of the best slot games online casinos offer. It has everything you can ask of – lots of winning combinations, a bonus round – free spins with a high win rate, and a beautiful design.

Features that make this slot stand out: an avalanche-like scrolling reel, gaming symbols in the form of Aztec stone slabs, a wide range of staking options- from 20 to 100 credits per line.

3rd place – Book of Ra
According to the reviews, this slot game gives out frequent and large winning combinations. It has an interesting bonus game with a generous bonus system and a classic card game for doubling where you can multiply your bonus winnings several times.

Features that make this slot stand out: a bonus game with 20 free spins, an attractive Egyptian theme, and a RTP – 94.2%.

4th place – Mega Fortune
This is a slot machine with 3 progressive jackpots, 25 paylines, and free spins bonus round. This slot uses themed game symbols in the form of yachts, jewels, and luxury limousines.

But the main highlight of this game is the exciting bonus game. When you hit it, you get to spin a huge wheel of fortune and get a chance to hit a major jackpot.

Distinctive features: addictive gameplay, high winnings, and a realistic chance of hitting the jackpot.

5th place – Crazy Monkey
A legendary slot game with funny cartoon symbols and an intriguing payout system, where you can hit the big jackpot or be left with nothing after getting hit on the head with an anvil.

According to statistics, this slot machine is played daily by an average of 7-8 thousand players worldwide. We are assuming the reason is the incredibly high RTP – 98%.

Distinctive features of the slot are an unusual bonus round, and a pretty design.

Thank you for making this list. I suppose these games are popular and most played by the users here in forum. The rank 1 seems appealing to me. I guess it's because of the perks that it offers. It's pretty much enticing even for a long time player already and I commend their marketing team for offering such to encourage more players. Although I think this matter will still be subjective. It's just really a matter of preferences and what entertains you best. Of course, you'll be playing what you enjoy most instead of the other recommended games. But these games that you listed surely enlightened some players and maybe enticed them as well to try it some other time. After all, new things bring a breath of fresh air.
2293  Economy / Gambling / Re: [Warning] luckyfish.io is CLOSING on: February 15, 2022, 01:07:46 PM
Just a friendly notice that i just seen luckyfish.io is closing soon, so if u have any funds there , withdraw ASAP

PS : i have no connection with luckyfish.io, just a regular gambler / member

I think they will just be undergoing maintenance. I've read that this is just a temporary closure. Perhaps it is because they have to enhance and improve their site and its content for the existing users and to garner and encourage more users as well in the future. Although I advise those people who still have funds in their account to withdraw it as soon as they can so that they won't be in a hassle and rush when its near the maintenance. And it's also better to be sure than sorry because I have seen few sites that claimed to just be in maintenance and then decided to never come back. So as early as now, protect and secure your funds to avoid inconvenience later on. Thank you for this heads up. This is definitely helpful to those who have an account and funds in luckyfish.
2294  Economy / Economics / Re: Sustainability in Bitcoin Renewable Energy on: February 15, 2022, 12:25:49 PM
This is one of the amazing ways to sustainability in the economy system and a means to profit maximization whereby waste energy end products serve as finished materials as such is used with energy trapped in drying wood and logs as this bring about with the story of how a Norwegian Bitcoin miner  make use of a renewable heat energy to dry wood and logs.

Making use of renewable energy as of recent has been consistently thing of consideration for bitcoin mining as such is in place with progress reports, while in this regard the heat energy emancipated from bitcoin mining activities is trapped, recycled and use to process the drying of logs at Kryptovault mining rig while advance energy usage on seaweed will later kick off this year in Norway.

This indeed is one of the ways bitcoin energy use can be made sustainable and recycled instead of constituting to global energy loss due to inefficiency from the bitcoin energy consumption statistics.

Development and innovative ideas are one of the strong pillars to using renewable energy in bitcoin mining to increase economy sustainability thereby reducing the effect of global energy loss due to inefficiency, bitcoin offers a solution to one of the major ecological world environmental challenges in this regard.

This is such a great innovation because as we all know, the carbon footprint from the generation of power source for a bitcoin to be mined contributes a lot to the pollution that out planet receives on a daily basis there is a mining activity. By inventing another way to harvest energy, the sustainability and efficiency of power will be of good benefit to the community and to the environment as well. Transitioning to green ways to lesser waste and power consumption is useful because it could be cost-effective to the production and it will not be harmful to the earth. There are several countries that have made the same initiative to lessen the power consumption which comes from non-renewable resources back then. I'm glad that there are more people willing to cooperate with the goal of being eco-friendly of mining activity. Switching to sustainable energy source will definitely be beneficial in the long-run given the immense and continuous conduction of bitcoin mining all over the world.
2295  Economy / Economics / Re: Crypto Regulation: How the cryptocurrency world is interacting with traditional on: February 15, 2022, 11:32:29 AM
While markets are busy with the O word and its temporary impact on world economies, I’d like to take a step back and see how the cryptocurrency world is interacting with traditional finance.

https://redot.com/blog/crypto-regulation-how-the-cryptocurrency-world-is-interacting-with-traditional-finance/

I'm guessing that O word is covid-19 based on the context of your statement. It indeed has so much impact on the country's economy depending on how the government would handle the situation in their region. And while a lot of people are busy trying to resolve the pandemic, it is very evident that people relied on online transactions for convenience and safety during the times where the virus rate is at peak. Both fiat and crypto were mainly used in those times were lockdowns were imposed. Although both have been proven to be very beneficial to the users due to the convenience it offers, the two has their differences which I believe makes them parallel and not really relates with each other.

Crypto has been very particular with the privacy and security of the users, meanwhile central organization mandates KYC first before accepting a client in their platform. In that scenario alone, you can see the very big distance of their objectives. However, lately some cryptocurrency platforms has been requiring KYC for the customers accounts to be verified before they would be able to enjoy the perks of the account. This could be a threat to those users who are not fond of KYC process. A regulation could mean many things - both the good and bad. Which should really be thought of first before deciding. Nonetheless, crypto won't and never will be centralized. The government may do something to invade it but they won't succeed because bitcoin and crypto in general, is a decentralized entity and forever will be. It's just the platforms who require such gathering of information, but users could still choose on which platform they will transact.
2296  Economy / Economics / Re: Why Inflation is a big problem for a country? on: February 15, 2022, 11:01:53 AM
We all know that Inflation in the US economy is at an alarming rate. Not the only USA, but Inflation is also a big problem for many countries globally, and it seems there is no way to stop it. Is it impossible to stop inflation in fiat currency or govt don't want to take any action it stop it? Do you think people can do anything to stop inflation in their economy or its inevitable?

Quick increase in inflation rate yearly is alarming because it just means that the prices of the goods and services will also increase. Inflation itself isn't really a bad thing like what some perceive it to be. It just becomes a negative thing when it is fastly increasing and it is not proportional to the country's ability to increase the salary wage the same pace. Higher inflation rate as the time goes by just simply means that the commodities and other materials as well as the services offered will be increasing their price and value due to the demand. If inflation would constantly increase, people most particularly those who resides in the lower bracket of the community will suffer the most. They would be the ones who will be very affected because most of them are just living paycheck to paycheck and barely makes the ends meet.

If the goods sold and services offered will be higher than it originally was, they would have a hard time adjusting and adapting to the changes. If before they are already having a hard time, they would have a harder one this time in thinking where to get the money to sustain their needs to get by on a daily basis. Hence, the government must do something about it or else the citizens will suffer. The cost of living and the price values of goods and services should be balance and proportional.
2297  Economy / Economics / Re: How about Ethiopia on: February 14, 2022, 02:38:22 PM
How do the cope with world events since their calendar reads different from the world. The world is 8 years older than Ethiopia calendar as the are in 2014 currently how do they cope with international events and what date do the use when the report world news. I was also wondering if they were to host a world cup or any world event what would be on their calendar this really got me worried . How do you see this?

I don't see what the problem is. The Chinese New Year starts on a different date than in western countries, just by making equivalences you know what date we are talking about.

If we are talking about today, it would be the corresponding day of 2014 in the Ethiopian calendar, but it would still be today. And if we are talking about an event six months ago, we would just have to make calculations or look at both calendars,

But on a day to day basis it doesn't affect. Calendars are arbitrary divisions of time.

I cannot agree more. Indeed, calendars are just arbitrary division of time because there are different types of calendars in which a country uses. It just happens that Ethiopia uses a different one compared to what most of the countries uses. As a matter of fact, there are even more regions that use other type of calendar unlike what we commonly know and use in our every day lives. It's a matter of preferences, culture, and tradition. And I think there wouldn't and shouldn't be much of an issue about it since they are still living their lives 'today' and experiencing all the things the we encounter in their country as well regardless of the calendar they use. They have their own battles and struggles like any of us and surely they are still updated on the current happenings despite the unmatched date used. For sure, they are well-aware of the difference of their calendar to us, hence, are also aware on how to relate their dates to international dates if they were to check international news.

Regarding hosting Olympics and cups, I guess this matter would be thoroughly discussed before making any move. Since the people behind those tournaments know that Ethiopia is years behind, they would surely not make anything that would violate or in any way make Ethiopian feel bypassed. This matter should be organized and planned beforehand and if there's a conflict, then better not push it through so that it won't stir argument and chaos. After all, if the country's government won't allow, the event will not occur. Better not insist and respect the country's stance than to make an issue.
2298  Bitcoin / Bitcoin Discussion / Re: CBDC will make Bitcoin MORE valuable on: February 14, 2022, 02:01:56 PM
While we don't know exactly how a certain country's CBDC would work, I'm going to guess it would just be very close to how fiat works on finance platforms like online banking and PayPal; that requires AML/KYC by default anywyay. I don't think having CBDCs would change a thing.

There's still no released statement yet on how the central organization plan to let CBDC work and what are its mechanisms, but I agree that it would be in par with how the physical fiat money works in a digital wallet or banking. Since CBDC would be basically a digital counterpart of fiat, it would behave I suppose in the ways fiat does. But one thing has a big chance to happen, when CBDC will be released, the KYC process would be mandatory for the users to track their transactions and for the government to keep track their information for AMLA purposes.

If ever this happens, those people who are very particular with anonymity will surely sought way to continuously be in the shadows. This will pose a good opportunity for bitcoin and crypto in general to blossom. This could pave way for increase bitcoin usage for those who are not really fond with KYC process.
2299  Bitcoin / Bitcoin Discussion / Re: People Overthink Potential of Bitcoin on: February 14, 2022, 12:55:27 PM
I agree that I read a lot of stuff on here that actually makes me cringe. People thinking that Bitcoin will solve all of the worlds problems is simply just not the case. Maybe the most annoying one for me is people thinking that bitcoin replaces or will replace the financial industry, which is just simply not even remotely going to ever be the case.

I agree with this.

Bitcoin isn't the solution for every problem like what people perceive it to be. Although it seems very ideal, it isn't the case. Bitcoin isn't magic that will make someone invincible and be far from the hands of the government because as much as someone wants to do nothing with the government, it won't be able to avoid it. In every way, the government is going to be involved. Talking about the mere existence of someone in a state that is governed by the officials as well as the need to abide according to the laws and rules set by them. Even the smallest transactions made involve government due to taxes.

Bitcoin may be a safe haven from inflation. A good store of value and a good payment method as well to experience convenience, but it won't really conciliate difficult problems that in the beginning, is already out of its reach. Let's not glorify it so much to the point that people expect so highly of it without even equipping themselves with the knowledge and skills that they need.
2300  Bitcoin / Bitcoin Discussion / Re: Russia's approval of BTC on: February 14, 2022, 12:21:47 PM
Russia approved bitcoin as a form of money in order to hedge against the Russian ruble's depreciation and the Biden sanctions. What are your thoughts?

Putin is in favor of establishing bitcoin as a kind of money since he is threatening war and Biden's economic penalties will harm the ruble. He might still use bitcoin to transact in the global economy. I'd want to hear everyone's thoughts on this. Thanks for your response in advance Smiley

I think Russia is still in the process of deciding on whether to accept crypto in their country or not. Although recently I've read news on the internet that says they are not banning it unlike China and are not yet on the verge of legalizing it like El Salvador. They are still planning perhaps and calculating the pros and cons of fully approving the usage of BTC in their country. Which is a good thing in my opinion because making haste decisions could lead to nowhere good. Of course, there are people and groups who are in favor and against it and they must face both and handle them well to avoid chaos and unnecessary trouble.
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