If the token represents the bankroll, does this mean that Bitnity has lost over 70% of its bankroll to players in the past year? The price has gone from an all-time high of $0.04 to fluctuating between $0.006-$0.008. If Bitnity is actually profiting, then why is the token de-valuing?
Casino isn't live yet. The gambling happening on the site happens with play tokens (PTKN), not with BTNTY, So the token value isn't based on dividends but mainly speculating if there will be dividends worth holding it. Devaluation with placeholder tokens happens when people aren't hyped enough. And they told us that casino goes live in 1st March 2023
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-cut- The truth is, staking is a vital piece in the puzzle of the future of the crypto world. The rewards of staking, such as increased security, decentralization, and profitability, make it an important tool for building a better, more secure, inclusive, and profitable crypto ecosystem. But overregulation threatens to disrupt all of that. -cut- Stiffing the Staker: The SEC's Latest Crackdown on Crypto InnovationThe article also seems to think that this is a move against staking as in PoS but it's not. It's against CEXes paying interest for their users locking their tokens. Because that's an actual investment. That has nothing to do with the innovation that's Proof of Stake. -cut- Though SEC is performing their devil part here, we should not be afraid of their actions. They can only thrive their rules when we are in the centralized market. They can not enter their jurisdiction into the decentralized market.
Technically not, but FATF is a whole different beast. It doesn't matter if you are not dealing with fiat money in dexes, because eventually you will cash out and that's where they get in. But if you haven't done anything illegal and kept a log of your finances, you are not in trouble.
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Contradict to popular belief, stock market can never go to zero,
How is that a popular belief? This is the first time i've heard it and i can't even find people claiming that by googling it. Can you link me an example where people say it will go to zero because only reason i can thnk of it happening is end of civilization. And if that will happen stock market is least of our worries. But should you invest in stock market? I dunno, you can try to beat the house.
If you believe in growth of the business or in other ways want to be part of it because you like it, why wouldn't you buy stocks from it?
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Government does some pretty stupid stuff. Look at the antagonization of Russia that the US is doing... asking for nuclear war. Tomorrow they might side to take the grid down. Having cash would make things a little easier if the grid or Net go down. The first problems might be the ones that cash would handle if banking were down. The grocer won't accept credit cards that don't work. The grocer wouldn't be even the main problem. Food rations could be distributed literally by any govenrment that is prepared enoough (like ours). Most food would bought out before you could enter the shop. Shops that wouldn't even stay open as owners couldn't pay to their workers. As no one would buy anything that's frozen, shops would be filled with rotten food pretty soon. You wouldn't be able to withdraw or deposit cash. None of us could even know the real value of it as there wouldn't be anywhere to check it from. From all you know it's next to zero so why would you accept it? One dollar, euro or 100 rubles is worth less then the paper it's printed on. You couldn't even check if it's counterfeited or not I am not going to answer to your moronic bs kremlin propaganda about "asking for it". You act as a Kremlin tool by spreading it.
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USDT is backed with ~0,03 USD per 1,00 USDT. There are a lot of shady guys in the space of Tether. F.E. guys which were selling god's mode in online poker games on their online poker platforms. Tether Ltd. is a mail box company.
I don't know who told you this but you are spreading fud and misinformation that's only made to hurt the money inflow to crypto. It's fully backed, not all of them are in dollar bills. Just like in a bank. You are not able to withdraw everything in dollar bills if you are rich. Or at least it will be made very hard for you and they will need a good reason for you to do so. At least it wont be instant. Anything but Here's the latest independent audit on Tether reserves (31.12.2022): https://assets.ctfassets.net/vyse88cgwfbl/53L8YRM4ZHCEeqlpKbc3Q8/2e6cbcd1593b3e5ea867718c5938d6c8/Std_ISAE_3000R_Opinion_BDO_31-12-2022_Tether_CRR.pdfAnd i can think maybe handful of crypto companies that are brick and mortar business.
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Despite the debate about whether the stacking ban news is FUD or not, it brought something to my mind, which is the ban of stacking would encourage projects to return to the POW consensus, and that would waste the efforts spended to reduce the enviromental effects of crypto currencies. In my opinion, a complete ban on stacking won't happen and can't happen, because it terminates the development of the whole crypto industry.
Nope, as it isn't ban on staking, it's banning cex staking services (for U.S. clients for now). People can run nodes by them as they wish. But CEX:es promising to give interest to hodl money locked in there is going to be a service of the past. At least for regulated exchanges. I think that kraken was just an example. We will hear more about this when we get more details but trying ban POS would be just moronic move from them that would be laughed out from in any court.
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You can't just compare NFT to Bitcoin. Sure there are people who also hate Bitcoin but they do it for a reason, I mean they hate BTC because they can't control it but that isn't the case with the NFTs. NFT can be controlled but there is no significant use about it other than for displaying purposes. There are some things which won't really fit in the digital world and one of it is the art.
It would be better if they leave the art industry as is. Bitcoin continues to improve despite of some of the hates that it gets but don't expect that the same thing can also happen with NFTs where they will also rise. I haven't seen that but what is actually happening is the opposite.
Obviously they are not the same thing. They are layer 2 protocol. But i feel that hate comes from same place as with bitcoin. People don't either get it or they are not in on it and they hate because they see people getting rich as annoying as hell. Or they do think they get it but as the reality didn't meet their understanding what it should be, they are now hating it. Just like with bitcoin. Or they hate them because of enviromental reasons. But that only applies to bitcoin nfts anymore. And i don't think i need to point out that there are more representations for nfts that are other than art? Advertisement is one of the things I think of in generating money from metaverse. I believe that some metaverses is doing it right now. This can be big and prices could ramp up higher depending on how people visit and engage to a certain metaverse. Filters should really be a thing in renting a space ad, There would be people who would most likely put their unlawful advertisement where it shouldn't be. It could catch the authority attention and make a move about it which is certainly negative for crypto and the whole metaverse. Sure, i think that almost every game out there is selling ad spaces. But i meant ad spaces in form of NFT, not land space you can name or to modify blocks to advertise, but like screens in the public walls or in several walls, houses, tv slots, car paints etc and those could be freely transferable in open sea and after ownership, jpg/gif could be anything the owner wants . I haven't seen anyone done this.
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If the electrical grid goes down, or if the Internet goes down, Bitcoin and banks are useless. But, if you have cash in hand, you can continue to live among the local merchants for a while. Goes down how? Because the cause of that happening for a long time would most likely render your cash worthless and put down the whole fiat system for ages. So depending on the reason it would have gone down, if it's over a day i am pretty sure that not having cash wouldn't be your first problem. The outright anarchy that would happen in days would be something to watch out for.
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I don't see it as simple as that. Ability to ask for help in the time of trouble is a skill not everyone has and is something should be abolished because of shaming that you are irresponsible if you are asking money from your parents.
If situation continues and child keeps on asking for more, parents should sit down with their children and have a talk. Maybe plan a budget with then and teach how to spend money more efficiently. Because someone who is depending their parents all the time clearly lack something, either it's not taking responsibility, some personal issues, addiction, or could be that they just lack the skills, or that they are on the spectrum and require different kind of solutions to their problems. But clearly they need help to change their situation. It doesn't have to be money the rest of their days but until the instant threat of getting rest of their lifes ruined by some stupid debts.
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FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.
There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.
I wouldn't even call it FUD when the haters speak, because they are not trying to spread Fear Uncertainty or Doubt. They are just either bitter or downright laughing at the stupidity of crypto enthustiasts. Most of the time they don't have enough information to provide any insightful comments and they are only spreading hate. Some of them are doing that because of envy, some because of the waste of electiricty and enviroment. Some genuinely see whole crypto scene as one big pyramid scheme or money laundering operation. Some just don't even bother to learn about it and hope it will pass so they don't have to. Because "FUD" is originally a propaganda tactic and either is or isn't based on facts, with the only purpose of it is to manipulate prices. Not everything negative is a fud but people exaggerating negative news in hopes of panic are the very definition of FUD.
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Well, honestly, even if there be someone with such amount of BFG in staking, doubt if such person would be on this forum, but anyways, lets wait and see if any one comes up with such amount in staking.
It wouldn't need to be that much, we can count the amount with any amount that's not been changed from the start. I don't know what to do with that data as rewards keeps declining, but it would be interesting to know. And for the guy above you saying that BFG is better than bitcoin, that is one of the most ridiculous thing I've heard in a while, comparing BFG to bitcoin is even a big mistake in the first place.\ You spoke about bitcoin losing more than 3 times its value, and BFG less than twice its value, did you bother to put into consideration the time bitcoin was launched and when BFG was launched? You are completely mistaken with this your comparison bud.
I thought he was kidding. At least it seems like an obvious trolling effort. staking since almost 2 years and my total amount has not changed that much. I earned most of my tokens with the bounty campaign and wagered more in the beginning; right now I have about 4400 tokens. Give me some time and I should be able to pull up some data!
Here we go. If you don't mind i would love to get some stats. You don't need to reveal what you own and i wouldn't advice that, just divide or multiply both hodled bfg amount and rewards with a number of your choice and don't let us know what the number is. As long as the ratio is same it doesn't matter.
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I could see a very low change that this would come from directly from devs being considered about enviromental and scaling issues. Because i don't see any pressure coming from outside like regulators or anyone else. Monero is already in trouble for their full blanket privacy so why would they change to POW if they aren't complying with anything else. Then there's the fact that people would just keep mining Monero POW even if there would another consensus algorithm made by devs because they can't just change monero to something else without majority accepting it.
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There is this saying a hungry man is an angry man. There might be other factors that contribute to insecurity in our society but all revolves around hunger. When one is hungry the can do the unthinkable just for survival. It is also proven that people tend to fall for peer pressure, environmental and societal pressure more when the cannot afford their basic amenities.
One can endure bad governance, unemployment and inflation but when it comes to hunger one can engage in diverse criminal act just to survive. Out of the numerous factors that can push people into criminal acts hunger has the highest reasons. Everyone wants to survive in a society where hunger persist and it is either done by a trick or by crook or by a legal way.
I am not sure if you are just stating this or if you are asking a solution for a problem? There's also a saying that varies depending who said it: No man was ever more than about nine meals away from crime or suicide. (Eric Sevareid) And it's not only lack of food. It can be fear of lack of food for anyone who has been ever really hungry and poor. Or for a rich people who don't know how they could handle not being able to afford something they are used to, like food, housing, paying debts or lifestyle in general. People are often are miser when they is afraid of losing something, and generous when they see other persons losing something if they are able to feel sympathy and empathy.
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Few things: - Both /2 and *2 buttons in dice are just dividing my bet with 2
- When i try to bet with ptkn, it just gets stuck and keeps saying "please wait"
- If we need to keep BTNTY in the site in order to stake it, i think it would be only fair to have an option for google 2FA to secure them and not just the password
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The solution?
The "Real World" of CBDC/digital account is what's making Bitcoin have real value, which also gives logic to the HODL = never converting your Bitcoin back to the fiat system. With Bitcoin, you are self-sovereign, they can't censor your transactions, and they can't take away your wealth from you.
Like you said, but to illustrate more, let's pretend that it's a CBDC World with NO cash/paper-money. How can you buy Heroine from Mr. Drug Dealer? It's a risk because your identity is tied in your every transaction in CBDC, plus a central entity can censor the transaction AND lock you out of your account because you made an illegal transaction. I am very confident Bitcoin will have value, REAL VALUE in such a world.
I think you are directly playing to opponent's hands with arguments like that. Like only usage for confidential small transactions would be heroin. There are people who need confidentiality because they just don't want someone to see what they are buying or are embarrassed about their purchases. Thing is, there won't be a full proof AML surveillance system because people need privacy and there are other forces in play then just people who want full 24h surveillance. People in democratic countries will be still electing people who see privacy as human right. FATF travel rule for money will just be more difficult for criminals, but it won't eradicate money laundering. It will just make it more difficult. So most likely platform for CBDC will be privacy preserving because the majority of people will demand it. Only way i can see this happening to use ZK based platform as everything needs to be confidential but auditable at the same time.
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On the contrary, I think otherwise, if it become a privacy coin then investors are going to stay away with it. Haven't you notice any privacy coin such as Monero having a good run during the last bull run? The reason is that regulars are hot on their tail, and some of the biggest exchanges have delisted Monero because of the pressures from regulators. For me it's a bad move for Shiba to dig their hands on the privacy coin niche. It could be their downfall, just saying. And so for Shiba investors, they have to think twice about Shiba or any privacy coins for that matter. Well that actually depends of lots of things. Reason why regulators want to ban Monero and some privacy coins is because they are fully private and they are mainly designed for escaping regulations. But ZK privacy can be used in other ways as well, like for selective privacy so not all the privacy coins out there are going to be targeted by regulators. In fact they could be embraced by them as there are lots of need for confidentiality in this space instead of public transparency of every wallet and every transaction. And then there's the fact that privacy in Shiba inu is optional. It's default setting for sure but still technically optional. I am guessing they are relying that would be enough. I am not sure if it is tho. Ultimately, I don't think Shiba Inu would turn out into a full fledged privacy token. Its got a lot riding on it commercially but even at that it would still do pumps
I have no clue what are you trying to say here.
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As far as I know, stablecoin is not a securities since this was not an investment and Right now the BUSD remains stable and it should like this but the we might see the circulation will getting lower since BUSD is not top 5 anymore From what i gathered i thought that service that paying interest is considered would be considered as security. They just attacked "staking" first as it wasn't real staking that was happening in CEXes as in securing the network. CEXes were just paying interest for as a service and called it staking. So technically paying interest as a service would be an investment. But now SEC claims that Binance USD itself is an unregistered security and they are suing Paxos. And SEC is supposed to be experts who can define what's a security and what's not. I guess SEC this is going to court as this is getting weird and i am no expert when it comes to securities laws. and I don't know WHY the SEC always fights against the crypto space Ripple, Coinbase and now Binance Because they are protecting investors, overseeing the whole securities industry and maintaining fair markets; So that comes with their job description. They have nothing against cryptos per sē, but now as they are treated as regulated assets, they treat it as anything else in the markets and it seems like an assault to us because for a long time we have flew under the radar of any kind of regulatory treatment. Imho they most likely don't even have rules for staking, as that's something that hasn't existed in this level before eth2.0. I really thought that they would have just treated it similar to mining, and i still hope so. that's done by participating to network. Just the fact that CEXes are not "staking" them, they are just paying interest and calling it staking. I am in no way expert when it comes to securites so i am quite baffled why on earth this would apply only to BUSD.
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-cut- And now again SEC is determined to sue Paxos and asked them not to mint any BUSD after 21 February. What are your thoughts on this.Source 1 Source 2 Source 3 -cut- Can someone explain to me how is BUSD now cosidered as a security but other stable coins are not? Or are they coming after them later? And if so, what happens after they are ruled as securities? Are they just been pulled from the markets?
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-cut- So Bitcoin lost more than 3 times its value. BFG less than twice.
News or not news - BFG also paid high %%% per annum on your holdings ... so in practice BFG is far better than Bitcoin so far.
Someone should do calculations that how much holding 100k of BFG has actually paid during this time, as the divindends on that have been dropping since the start. And since i don't think that data is available, we should ask from someone who has staked with same amount of bfg from the start. So can we find a person who has staked same exact amount in betfury from the start?
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It would be literally my job to protect my country. So of course. Why an earth they would surrender?
What's the alternative? Let the enemy walk all over you and rape and kill your women and chidren and rob you blind? And after they walked over you they would just keep on going all over europe.
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