The fact is everything that has to do with gambling depends on luck to some extent because if you base your bet on analysis alone, you sometime make wrong analysis but again I believe in skills and experience because you can't depend on luck without any prior information or experience. Slot is a luck-based game, just a game of numbers but if you bring an experienced slot player and a novice to play slot you will see that the player with experience will do far better than a player that depends on luck without any experience.
I think that is because luck involves probability. Luck based games might not require you to have good skills but if you are good at probabilities then you might turn the tables to your favor. An experienced slot player will have better chances to win multiple games when compared to a new player because he would be better at judging the probability of the next bet. |
|
|
|
^ I saw on meta about this thread, https://bitcointalk.org/index.php?topic=5389189.0. Russia will be going offline, they completely disconnect global internet, so how those gambling casinos that based on Russia? There is no boycott anymore, they decided already to cut down their global internet and they only access their local website which is I don't think how they can communicate other outside websites like casinos, not unless someone will use VPN all of these is useless implementation. Anyone could share their thought on this. But according to the link that you have posted, wasn't it only for March 11 ? Will Russia be connecting to the global internet again on March 12 ? What are they going to achieve by cutting off from the global internet just for 24 hours ? |
|
|
|
I think it is because the bitcoin ATMs would not have been registered with FCA (Financial Conduct Authority) of UK. If they had been registered with them then they would have been under the radar of MLR (Money Laundering Regulations). In that case they would have been allowed to keep their businesses running. As per the AML (Anti-Money Laundering) regime of UK Since 10 January 2020, existing businesses (operating immediately before 10 January 2020) carrying on cryptoasset activity in the UK have needed to be compliant with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (MLRs) including the requirement to be registered with the FCA by 9 January 2021 in order to continue to carry on business. Reference: https://www.fca.org.uk/firms/financial-crime/cryptoassets-aml-ctf-regime |
|
|
|
Bitcoin enthusiasts in California are attempting to make their state the first to recognize cryptocurrency as legal tender A state legislator in California has introduced legislation that would make bitcoin legal money in the state. The action would be in violation of the US Constitution, which provides that Congress has the exclusive authority to declare what is and isn't legal money. According to the Constitution, however, state officials are responsible for defining "legal tender."
How come all of a sudden US has become so much interested in bitcoin. Just today I saw few posts on Instagram saying that US is moving towards becoming the global leader of cryptocurrencies. Using bitcoin as a legal tender would require so many approvals and personally I feel it won't be happening any time soon. Also, what do you mean by the term Bitcoin enthusiasts ? Are they the normal public or higher authorities of US government in California ? |
|
|
|
|
It can literally be anything.
1. Someone bought BTC back then and decided to hold it until now.
2. Someone bought BTC back then and lost the keys and surprisingly found it now.
3. Someone bought BTC back then sold the computer/drive to someone and may be someone just found the wallet now.
4. Someone was lucky enough to hack someone's computer and move the coins.
5. May be it was indeed Satoshi or one of his friends trying to move the coins.
I can keep going on but there's no point. The thing we should keep a note of is that there are people who HODL for so long.
If they can, we can too. #HODL
|
|
|
|
So the case of Inflation has finally hit the world head on.
Bitcoin was supposed to be the solution to all of this.
How come Bitcoin has not come to save us yet.?
Why are we not being able to hedge against the inflation and prevent this from happening.
Inflation is very ugly, yet no one is doing anything about it.
why is that?
It just doesn't work that way. Of course you can hold bitcoin to fight against inflation and grow your wealth but not everyday is rainbow and sunshines. Right now it's time to buy more coins and fill our bags so that we don't weep when the price are near an ATH. We are having the opportunity to buy at lower prices right now. Making use of it while we can is the right approach to be followed. We are still fighting against inflation by buying more during the dips. But if you just think about profits all the time then you are just speculating over growing your money. While that's not a bad thing but blaming bitcoin right now for that it's just a stupid thing to do. |
|
|
|
The main question is do you have use of the benefits to holding FUN token, if you do I dont see the point especially of selling. You may choose also to not lock in order to speculate in future and sell them. I dont mind the lock as I have zero intention of selling near term. I would sell into a frothy type market where the token price had risen alot but we arent anywhere near to that, I think it can happen especially if people dont expect it to occur.
Dont sell into the first trend of gains, thats a classic mistake made by the public but of course its impossible to tell you exactly as you may have a need for the funds elsewhere or just know a better trade. The ideal is to sell at the tail end of a series of gains rather then the beginning and easiest of all is just to use the benefits and not worry about juggling them especially, I think its hard to judge them as a trade. My take for BTC this year is just back and forth or range bound, a breakout cant occur every year on the scale we've seen I think its distributes and thats a good thing & some of that capital will come here imo.
That's true. The whole point of locking the FUN tokens for a period of 1 year proves that we don't care what the price of FUN token is for the next 1 year. We are getting to utilize the benefits of holding it which is itself a good deal. Even I have locked up my FUN tokens for a period of 1 year. Even if this year doesn't bring big gains to crypto marketcap we will definitely see a huge increase in the next 2-3 years. So why not just hold the FUN tokens and reap the benefits of holding it. |
|
|
|
That seems like a strange thing to ignore. Why, if a website already tells you what will happen if you access the site with VPN services, would you still risk it? I wonder if that is somehow a part of a gamblers character... As far as I know there are certain VPN services which cannot be that easily detected as they keep changing IPs of their servers or something similiar.
Do the frozen funds ever have a chance of getting unfrozen? Who do those funds belong to, legally?
Many gamblers ignore the warning just because they are determined to try that gambling site and win some quick bucks. While many websites might not be tracking their users if they are using VPNs but the others would be good at finding VPNs. Once the funds are frozen they generally ask for KYC to get the funds out from the frozen state. If the gambling website is genuine they release the funds once KYC is done and if not then those funds belong to the owner of the gambling website. |
|
|
|
We wonder if anyone outside of the US or Europe would be interested in owning one?
Considering that a debit card is the very definition of centralization and we bitcoiners believe in "not your keys, not your coins" I have never been interested in such things and will never be. It goes against all principles that created bitcoin. Recent events like how VISA, MasterCard,... shut down their doors on millions of people should also prove to people how such things are bad and should be avoided. I completely agree with your point that this is against the principles of Bitcoin but then have you never used a crypto exchange. Can't we treat this just like a crypto exchange where we deposit money only which we want for active trading and keep the rest in cold storage. Similarly, we can fund the crypto card with an amount we want for active shopping and then still hold the rest in cold storage. May be that's how we increase adoption. Just a thought. |
|
|
|
People always say that Bitcoin is the digital money that will take over soon as the world is digitalized,but they have not understand something, It may not be easy as we think due to some delays in confirmation of transactions,It will be a good development to the whole world, but how do we perfect this and make it handled and easy as a physical money? Bitcoin has actually come to stay an let make it perfect and make it easy for everyone to use, through the digital. Yes I agree that Bitcoin is future currency, but let it be easy to use ?
If you are thinking physical form of money is easy to use and carry then I must say that I prefer to use digital form of money more than the physical form. I personally don't prefer to carry physical money since there's a risk to lose it or get it stolen and then there's also the hassle of carrying it and having the exact change at times. On the other hand, while digital money has it's own limitations but is easy to carry and pay whenever we need without worrying about the change. There's also no risk of losing the money or getting it stolen unless we make mistakes that lead to getting it hacked. Talking about Bitcoin particularly, it has the lightning network which eliminates the concern of late confirmations. I feel even the main network is fast enough for payments which don't require immediate confirmation such as cross border payments and stuff. |
|
|
|
|
I don't think Russia would be doing that anytime soon because a large amount of the population uses internet on daily basis.
Many of their businesses run on internet as well. So may be they won't do such a thing that will cause themselves a harm.
Even if they decide to block internet for some period of time then it won't effect the Bitcoin network majorly.
Since Bitcoin is a decentralized network, the other nodes will be able to validate the blocks and miners from other countries will be able to mine the blocks.
So there's no harm particularly for Bitcoin.
|
|
|
|
An article released earlier this week stating that Swiss Banks in Russia are being advice to close every accounts that is own by Russian citizen, with this move of the EU, this will definitely take a lot of toll in the Russian economy. I've read an article stating that Russia is utilizing its cryptocurrency capability, if the cryptocurrency community have taken sides with Ukraine, this will surely take down half of the Russian Economy. There is also a news where the U.S has stopped the exportation of Russian Oil in their port. Russian economy is now experiencing a serious downfall.
Even I have read that US has stopped trading Oil and other commodities from Russia. It will create a major impact on Russia's economical growth. But I doubt that Russia is planning to use cryptocurrencies because from what I read the Russian banks are still against cryptocurrencies. Their stance on cryptocurrency is still to ban the usage of all coins. |
|
|
|
Hi Guys,
I used to use Stake.com Allot, but this a while ago, wonder if there's any good competitors for a UK player using a VPN. Haven't gambled in a while and want to use a new site!
Any new good competitors? I also have a swedish passport so i managed to do one of the KYC's for Stake and it was never an issue.
Thanks!!!
If you are planning on to use a VPN to use a gambling site then be prepares to get your funds frozen on the gambling site. Make sure you read the terms and conditions of the site before you register on it and find out if the site asks for KYC. At some point of time if they started asking KYC then you will either have to complete KYC or your funds might be as well be frozen. Even then if you want to go ahead then gamble with only an amount that you can afford to lose. I am afraid I am going to have to agree with the VPN warning here. Although personally, I have yet to hear of a VPN banned individual who was caught using VPN services or an online gambling casino which explicitely bans the use of VPN services, I would probably still play it safe and not use any kind of VPN. These online casinos do sometimes seem to endorse and enforce arbitrary rules on what they deem suspicious activity. And once they freeze your account and your funds, you will find it a hard time to restore them. Especially with, as you said, your somewhat questionable swedish KYC documents. I am not familiar with Swedens laws on online gambling. Best to leave the risky VPN stuff aside. Well there are many online gambling sites which do give a trigger warning about VPN services but most users tend to ignore the warning. They still choose to continue using VPN thinking they can get around the restrictions only until they do something suspicious get their funds frozen. The issues just begin by that time. Also, there are times when gambling sites use this to their benefits as well. If they find out an user is using VPN they can simply freeze their funds and claim that the user was using VPN despite the warning on their site. |
|
|
|
Hey guys,
I own these 6 coins and I'm planning to sell 2 of them.
Which one of them has the lowest potential in your opinion and why?
Thanks in advance for your replies!
I would not sell any coins from your list if Terra Luna had not increased so much in price lately. But now since it has grown significantly I think it would be a good time to take some profit off it. Every other coin is pretty much facing the same level of decline in price and hence it would not be a good idea to sell any of those. |
|
|
|
|
I understand your concern but it is how it is. There are many in this world who don't get the same opportunity as others.
But that doesn't mean one should stop trying. With the faith in yourself try to improvise in every aspect of life.
One day you will surely get an opportunity that will change your life for good.
I still remember my childhood days when my parents used to save up every little penny they could just so that they can give us enough food and pay for our education.
Getting yourself educated is really a blessing in life. By God's grace we are living a pretty decent lifestyle now that I am having a good paying job.
So just trust yourself and keep learning and use every opportunity that knocks your door.
|
|
|
|
How about this for an improvement: BTC mining vs. BTC possession. Moreover, what is the reason?
In other words, if I had a 40k right now, should I buy a model such as the Antminer L7, for instance? Purchase a single bitcoin, if that is your preference.
It actually depends on what your end goal is. For instance if you just want to accumulate BTC then just buy it directly. On the other hand if you want to support the Bitcoin network then you could go ahead with mining considering all the hassle you will have to go through. If you want to keep accumulating bitcoin then you will have to do a research on how much BTC you are gonna make per year as per the specification of your mining equipment in conjunction with the electricity being provided at your place. At the end, it all depends on what your priorities are. |
|
|
|
Joan Laporta, chairman of La Liga football giant Barcelona, said in an interview: Recently, blockchain products and services such as NFT and Metaverse have received a lot of attention, and we should be able to provide our members and fans with Digital products that align with club values and create a fun emotional experience.
In addition, Laporta also announced that the club is looking into launching its first series of NFTs in Barcelona as soon as possible, but did not provide further details on the subject.
It is possible that Barcelona will launch a cryptocurrency issued by the club itself, rather than the already available fan token issued in partnership with Socios.
That's really a huge news for Barcelona fans. First it launched the token and now the NFT. Things are looking good for Barcelona fans. I am not really sure what Metaverse has in store for Barcelona but as far as NFT is considered it can launch a lot of varieties in the NFT space. I am quite sure that when it does launch the NFTs it will be a hit and they will probably earn in millions for their NFTs. |
|
|
|
Simply stop day-trading, or any more active form of trading. Preserve your capital and wait for the market to be in the same situation like 2020 again, when investors were excited to throw their money in crypto. The market narrative has changed, people are not as excited. The market has always followed a bull - bear cycle. Save your money, and wait for the next opportunity.
2022 - It might be a bear market.
2023 - It might be the next opportunity to buy the Bitcoin DIP.
2024 - It might be the new BULL MARKET.
We never know what 2022 really holds for us. Although the current situation does point us in the direction of a bear market. But it can still reverse and take us to a new joy ride of a bull market by the end of the year. But yeah, saving capital, as you say, should be the highest priority of most of the traders in the current highly volatile market. We are seeing swings of more than $5000-$7000 every week now. There are people who are gaining from the volatility but there might be many taking losses. So it's better not to trade and save your capital instead of losing it to the volatilty. |
|
|
|
|
The word influencer itself means one who influences others and being in crypto doesn't require you to be influenced.
Owning a cryptocurrency requires awareness of what you are holding and how and when you have to use it.
You have to do it all by yourself. If you are following a crypto influencer then there's basically no point of holding crypto at first place.
|
|
|
|
During the covid crisis, I met a man on Facebook, who was friendly and chatty our conversation was normal,so we exchanged numbers and move to Whatsapp and share massages, After some weeks he started introducing me to crypto currency, how it works, how it been used to earn,he ask me to open a binance account, showed me on how to fund my account he also introduced me to his platform and persuaded me to sign up then he showed me how to move the money to a trading platform where it will be invested. I made my first payment which I was seeing on my dashboard clearly and also how I can freely withdraw it back to my binance account.
On the third that he persuaded me to invest more money so that I will earn bigger but I instead to see and withdraw the first investment before making or investing more but he keep on persuading me so i starting have doubts and bad feelings about it , I decided to open the investment site to see if my money is safe and can be withdraw but when I open the investment site I found out that my trading site stopped working then I reached out to him, he asked me to contact customer service which I did and they told me that my account was blocked and I need to pay certain amount of money to unlock my funds, which I did then I try again to withdraw my funds but i couldn't, i contacted the customer service again they also demanded for more money, At this moment i absolutely knew that I have been scammed.
Oh dear, if only you would have made some research about cryptocurrencies and related scams then you would have had the chance to avoid this scam with you. Such scams are quite normal these days where people approach you on social media and persuade you to invest in some crypto platform. I have myself been contacted by many people on social media platforms such as Instagram, Telegram, Twitter, Reddit etc... But since I am a long term member of this forum I am aware of the most of the scams and have never been scammed except once (Bitconnect). |
|
|
|
|
Show Posts
