How do they think they can enforce something like this on a global scale? Seems impossible to control if you think about it...
I'm not sure if I'd even agree with them taking 1% of all bets made, I'm wondering on what grounds they would be able to get such a deal...

Is there even something similar that already exists? Does Fifa take a percentage of all bets on the world cup for example?

I'm definitely not buying huge amounts until I can see that the price is going up again.
It's hard to say if we've seen the bottom yet, if there's another really bad news story, I could see it dropping even further than where we're at now.

I do buy some coins from time to time, but it's just for day-to-day use

How popular is that shop in Czech Republic? Do you have any idea how many people buy through that shop?
I wouldn't say that it's unimportant, it's always very positive that local businesses also start accepting Bitcoin or other crypto currencies.

As soon as local shops start accepting crypto, there's going to be a more trusting attitude towards crypto from people who were skeptical at first.

It didn't affect my wins or losses, but I have been able to bet a bit larger due to Bitcoin's lower price.
The website I gamble on (crypto-games) has pretty high bet sizes for Bitcoin roulette and usually I opt to play with altcoins like Litecoin or Peercoin instead.

Now I just played with 0.016 BTC without even worrying about it

That's pretty good news, Gridcoin's market volume was a bit too low for my taste anyway, gas seems to be doing a lot better in that regard.
Gas is looking to be a good coin for low value roulette/slot/BJ/videopoker bets as well.

Are you still going to keep Peercoin listed? Seems to be in kinda the same boat as Gridcoin (low volume), but perhaps it is used more often on CG? I just find it handy for playing roulette, the bet sizing is perfectly small enough for me.

Warren Buffet has also been wrong a couple of times, he even admitted being wrong not to buy stocks from Google and Amazon.

Source: https://www.cnbc.com/2017/05/06/warren-buffett-admits-he-made-a-mistake-on-google.html

There's no reason why he couldn't be wrong on this too.
He might have a point as well, this is starting to look more and more like the dotcom bubble, but that isn't necessarily a bad thing though.

I would think that once the bubble bursts, most of the bad actors in the industry will start to go down, but the good ones will survive.

I personally wouldn't mind a period of relative stability at whatever price point, we've seen it back in 2015.

I don't think there should be a mechanism for this, you are responsible yourself of making sure that your loved ones and family get access to your cryptocurrency.
I would not trust a service that keeps all access to my holdings in a centralized place, I'd rather take care of that myself.

My girlfriend for example has access to everything I own, also my crypto.

The Bitcoin network itself pays the miners in the form of a block reward of 12,5 BTC plus transaction fees in each block.

Bitcoin miners are basically competing to find the solution to a mathematical puzzle, when this number is found they receive the block reward + fees.
Bitcoin transactions are also processed this way, each time a block had been found, transactions are added to the ledger (blockchain) and miners are rewarded for that.

I hope I've kept this simple enough to understand, all other articles explaining mining were pretty long.

In case you still want to know a bit more:
https://www.coindesk.com/information/how-bitcoin-mining-works/

Just use a free vpn plugin for your browser, you can change your IP easily that way.
You're probably from the US, right? They can't serve players from the US due to regulations.

Still not enough to call them a scam though...

That's a pretty misleading title when I look at your actual post.

You didn't mention that you contacted support? It's clearly just an error and I'm sure that if your withdraw is legitimate, they will help you.
I've made a couple of withdraws myself yesterday and they've come through instantaneously.

I've seen a lot of my friend, who never even had any interest in crypto, make the most stupid decisions regarding what to buy and when to buy.
There's no point in trying to give them advice because they all think they're professional traders, but in reality their investment behavior is pretty irrational, I'd say.

I think that if you've been a part of the Bitcoin community for at least a couple of years, you just know when it's time to buy and when it's time to sell.
Most of us buy into Bitcoin little by little, at least I hope so, and would not invest so much that it becomes a risk when bitcoin suddenly drops.

I would lump this in the same category as saying that the price is affected by Chinese New Year or Wallstreet bankers getting their bonuses.
You just can't prove that's the case and it's silly to even imply that this has an effect on the price.

I'm sure that you could find some correlation when you look at the charts, but to prove causation, that's a completely different thing.

I do everything according to the law, it's not worth risking your personal freedom over not paying any taxes.
That said, in my country we do not have to pay capital gains tax on long term investments, I avoid a good chunk of that by just holding my coins instead of selling them.

People here seem to be advocating not paying taxes, that's fine, but don't complain when uncle sam takes your ass to jail.

I think I never even gamble with less than 10k satoshi's, usually you can't even play anything except dice with that low of an amount.
When I'm playing roulette, I usually plat for around 0.003 BTC per session and I might deposit a bit more after that.

I don't do this every day of course, usually once or twice a week.

I think this comic fits perfectly in this topic, surprised that no-one had posted it already :p


Source: https://xkcd.com/538/

But yeah, it's never a good idea to go around telling everybody how many Bitcoins you have or even just telling them you have Bitcoins in general.
In this particular case, the guy probably had to make his identity known since he was running an exchange service, but you'd at least expect him to invest more into his personal security.

Some of it is probably an attempt to manipulate the market, though it's difficult to prove unless you have evidence that someone bought or sold Bitcoin after making whatever FUD statement.
On the other hand, news outlets will just publish any sensational story purely for clickbait purposes.

It's pretty clear that anything involving Bitcoin and crypto in general makes for a good story nowadays, so the media will just about take any story they can get, whether it's true or not.

Yeah that's also what I got out of the article, seems like they're only going to manufacture chips for existing mining hardware makers.
But Samsung is actually making the asic chips, just not under their own brand so to say.

It'll still be good for miner, I think, if Samsung starts mass production of these chips, prices could very well drop?

HitBTC used to have the option to start trading with a demo account, but they've temporarily removed that, it seems.
https://hitbtc.com/demo

I did find a website that lists all exchanges with a demo trading option.

Check it out here:
http://www.bitcointradingsites.net/features/demo-mode/

The animations for when the price drops or rises are a bit too much for me, I'd rather have that turned off by default.
Otherwise, your website looks a bit unfinished, the design looks kind of empty and not in a minimalist kind of way.

This looks kind of wrong:

The featured coins aren't centered between the arrows.

So, I think that it still needs a bit of work in terms of design, but it's a good start that you have all the functionality there.

I mean, it's a pretty good story to read before going to bed, but that's all that it is.
If you really believe this, I don't know what to say... You probably can't be convinced anyway.

I do like the part where he tells the story of a boy who got 0.01 BTC for calling someone a faggot on reddit
Brings a nice personal touch to the story