Well, not everyone is a sports gambler here! A majority of the crowd here are normal casino players like slot games. Also a good majority of them loves crash games. Personally I don't bet on sports but I am a big fan of crash games! So not everyone will talk about betting odds or leverages and other stuffs related to sports betting. A lot of us will roam in the gambling section to discover bonuses, news about casino websites, casino review websites and other stuffs related to gambling.

Well, I have two different answers for this question under two different circumstances.

Let's assume, I am a salaried person and I am doing well for myself-

1. I will trust banks and fiat money and even with my data because at this situation I would need access to the banking products and offers.

Now let's assume, I am a millionaire and not all my incomes are white-

2. I would not trust bank with my money and definitely not with my data. I would rather prefer cryptos like bitcoin or Monero. Because now if Banks have access to my data, that will eventually be flown to the Income Tax department and that's exactly what I don't want.

So that's my situation based answer!

Individuals issuing currency is a huge risk. Anyone and everyone then will become a billionaire. It's good that crypto market usually rejects shit projects. For this reason we have tens of thousands of deadcoins in the market. Not ideal.


Heavy words it seems! But sadly, very minor percentage of bitcoin holders are concerned about security. Majority of them are investor with a hope of get rich quickly. Some bitcoin puritans still thinks for such liberation or freedom, but are unable to make much impact.

Good view! Bitcoin indeed helped some people to overcome the dependency on government created financial ecosystem. But sadly, a very little percentage of people are concerned about the anonymity and security. People are just happy to invest in it through centralized exchanges and enjoy the rollercoaster ride thrown to them. For them, the value of bitcoin is only its price and nothing else!

Do you have a proof that whales are manipulating the crypto market? This can very well be a popular belief and may be far from reality. Till date we haven't seen any legit proof where the whales have manipulated the market. Obviously Elon Musk did and now his company's bitcoin holding is running in negative.

I don't think we have any other assets available which are greatly decentralized like bitcoin.

Cryptocurrency can definitely help in financial inclusion but its main bottleneck is the requirement of internet and the requirement of technical knowledge in order to use cryptocurrencies effectively. There are several projects available which can be scaled up to meet the need of the increasing global demand, but unfortunately, the idea of cryptocurrency is still alien science to many.

Also, to transact using cryptocurrency, we need internet connection. We still have many places where internet availability is a distant dream. It may not be possible for cryptocurrencies to help in such situations. So the financial inclusion using cryptocurrency is easier said than done!

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That's a perfect statement! If we compare the energy usage of only the gold businesses worldwide, bitcoin's energy usage will look minuscule. The banking sector is even bigger producer of carbon given it's size. So whoever thinks that bitcoin is bad just because it requires energy, that's utter stupidity! Just as Elon Musk did! His company could have made a very nice profit, but due to his stupidity, they are now facing loss on papers. But we need to learn to ignore such stupid people from our life for our own good!

Only human can control bitcoin, no other species can! But the right statement is that - Individual can't control bitcoin. Bitcoin is designed to be a democratic monetary system where the miners have to vote and majority always wins. If the minority don't like the system, they can fork away! So it is one of the most beautifully designed democratic monetary systems exist today for good! There are issues like scaling etc. But eventually that will be resolved in one way or other in future.

Ok, so I will give you some bullet points and you can research further on those to understand the contribution of bitcoin to the society,

1. Decentralized monetary system that is controlled by nobody. You are the master of your own wealth unlike the banking system.
2. Bitcoin doesn't get printed like fiat so it is mostly immune from inflation
3. It has the power to include unbanked population into the scope of modern monetary system

I think these 3 are the major points of contribution by bitcoin to the society. Obviously you will have to research more on thi to deeply understand the impact.

The CEO of Celcius seems ultra bullish on bitcoin. While I don't disagree on the pricing point, but I don't think it's going to happen anytime soon. Definitely not by the end of this year. I am sure nobody will be unhappy if it happens because a lot of forum members will become millionaires. But realistically, I don't think it's possible to achieve anytime soon. However, 10 years down the line, it's definitely possible! When the Next to next bullish cycle will happen, that's when we might see such price point of bitcoin.

Also as we have always seen, along with the bullish cycle of bitcoin, the price of all altcoins will increase. So diversification is the key here! I agree to have few prominent altcoins along with bitcoin in my portfolio to make the most out of such bullish cycle.

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Such news are not surprising when I see the origin of the news. It's China! Come on, what else do you expect from an authoritarian government run by a power hungry communist. When they don't get to deal with a problem directly, they try mean ways to deal with it. China understands very well that bitcoin is beyond their control and that's why they are trying to eradicate miners from their soil.

But that makes complete sense! They have their own version of Twitter, whatsapp, facebook and even windows. So why don't they get their own version of Bitcoin controlled by their very own government. Problem solved!

I think you can go ahead and create a thread in scam acquisition and let op respond you there. But always ensure you withdraw whatever amount you have left in your account with them. Thy may very well take punitive actions and block your funds for no reason. I see your question went unanswered and you have even tried to speak to them through chat to get your query related to Provably fairness answered.

Also did you receive your money back for their broken autobet feature?

Government can do anything and everything if they want to seriously ban bitcoin within their jurisdiction. That includes, arresting the exchange officials, forcefully get the list of all users and ip details of the users, shut down operations, cease the funds and what not! All they need is to charge them with suspicion of money laundering. So always prefer p2p trading through an exchange that is not operating from the same country you are in. Then your identity will probably be safe and not come to the hands of your government.

That's exactly I have been saying since long to every other member of Indian sub-forum. Indian crypto exchanges are not preferred place to trade cryptos as on yet. Indian government is very skeptical about cryptocurrencies and very concerned about its anonymity. So it will be a miracle if they ever accept it as an asset. At least I don't have much hope!

But if it happens, they will be very stringent from the very beginning. They will impose stricter kyc norms as well as make individual reporting mandatory for both the exchanges and the individual. We can also expect separate taxes on crypto transactions and income from crypto trading.

No one knows what's gonna happen and even if they ban it, they might give retrospective effect on their ban policy. So it's bet to avoid any Indian crypto exchanges. Government gives a damn about decentralized economy, rather they see it as a risk!

When the creator of dogecoin project himself left the project, then what could be the point of it? Few years back he had sold his dogecoin holdings to buy a new Honda car. Had he known that Elon is going to promote his project in future, he would hve sold it. But the creator himself confirmed that dogecoin was created as a joke so I don't see any point in it apart from a puppet to the pump and dump players. It is definitely not worth any investment.

Well, let's not generalize Africa. It's not a country, rather it's a continent. South Africa is an African country who are friendly towards crypto. There are definitely some countries shown negative attitude towards crypto, but that does not define Africa as a whole. I know Zimbabwe is facing hyperinflation, but crypto isn't going to help there as it didn't do for Venezuela.

It's all about mindset. Most of the African countries are poor today because of European expansionist mentality. It wouldn't be incorrect to say that Europe's extreme wealth is mainly stolen from Africa and India. Then their fascist rulers made it even worse.

As per some sources, Soros Fund management LLC manages assets worth over 5.3 billion usd. So such kind of money mongers are never a good news for the crypto market. While Soros is just trying to make some more money, it will be much easier for him to manipulate the market for his own gain. With this kind of money in pocket, it's never a good news for small traders like us. We have already seen what money power can do here in case of Elon Musk, so I personally wouldn't want another billionaire to jump into crypto market for sure!

That's not going to make a lot of difference because US customers are already using bitcoin exchanges like Binance since a long time now. Also there are privileged enough to use bitcoin ATMs which are installed across the country. Adoption by Banks is just going to make bitcoin more visible to the masses and possibly increase its credibility. But i really hope that as a superpower US will help other nations to adopt bitcoin and come out of regressive mentality.

That's hilarious! A businessman has the guts to respond to their finance ministry in such a way, may have some serious connections at the political level and also the power to purchase beaurocrats to turn the tide in his favor.

But it's quite clear that Salinas has just conveyed his willingness to adopt crypto without any regulatory backing. At least for the time being! We will see what future holds for the crypto community of Mexico.