Bitcoin Forum
May 29, 2024, 09:39:33 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 [128] 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 ... 310 »
2541  Economy / Economics / Re: Britain To Announce Its Crypto Regulatory Intentions Soon on: April 01, 2022, 08:10:01 PM
British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC. The announcement will focus in particular on stablecoins, digital assets that derive their value from existing currencies like the U.S. dollar.

The U.K. government will soon reveal plans to regulate the cryptocurrency market, focusing on a fast-growing type of token known as stablecoins, according to four industry sources familiar with the matter.

British Finance Minister Rishi Sunak is expected to make an announcement in the coming weeks about a new regulatory regime for crypto, preferring to remain anonymous as the information hasn’t yet been made public.

Details of the plans are still being finalized, providing legal clarity for a sector that has so far been mostly lacking in regulation.

According to the sources, Treasury officials have shown a willingness to understand the complexities of the crypto market and so-called stablecoins, digital assets that derive their value from existing currencies like the U.S. dollar.

The department has been in discussions with a number of firms and trade groups. That includes the Winklevoss brothers’ crypto exchange Gemini, one of the sources said. Gemini issues its own stablecoin called the Gemini dollar, which is pegged to the U.S. dollar.

Stablecoins have seen exponential growth in terms of usage over the past few years, in tandem with rising interest in cryptocurrencies more broadly. Tether, the world’s largest stablecoin, now has a total circulating supply of more than $80 billion — up from about $4 billion two years ago.

But those tokens have also caused concern for regulators, who worry they may not be fully backed by an equivalent amount of reserves, and are being used for money laundering and other illicit activities.

Meanwhile, regulators are worried about possible exposure of the financial system to bitcoin and other digital currencies, as well as their potential use for evading sanctions imposed on Russia amid its invasion of Ukraine.

The Bank of England on Thursday called for policymakers to expand regulatory frameworks to limit the risks posed by crypto to financial stability.

BOE Deputy Governor Sam Woods wrote a letter to several bank CEOs saying there has been “increased interest” from banks and investment firms in “entering various crypto markets.”

The Treasury’s move is being viewed as a response to President Joe Biden’s executive order calling for coordination from different U.S. federal agencies on regulating crypto, the sources said. Several industry insiders have bemoaned the lack of similar action from the U.K.

A number of companies, including Revolut, Blockchain.com and Copper could be forced to wind down their crypto operations in the U.K. this week if they fail to make it onto the Financial Conduct Authority’s cryptoasset register in time for a Mar. 31 deadline.

The FCA said a “high number” of crypto businesses aren’t meeting the required anti-money laundering standards. Just 33 companies have made it onto the register. More than 80% firms assessed by the regulator have either withdrawn their applications or been rejected.

Source:
https://www.coinshots.com/news/britain-will-reveal-crypto-regulation-plans-in-coming-weeks

This was somewhat inevitable, if you consider exchanges to be the cryptocurrency equivalent of a bank, then at some point they will need a regulator who can try to protect customers who might not be the tech savvy bunch of people we have here. Governments are always looking out for money flows that might be avoiding the taxman's pocket as well, so blaming crypto for potential money laundering will also boost their tax generation receipts. They're now realizing the crypto is here to stay so they definitely want a framework that'll give them a piece of the action and allow them to coordinate with other countries in tracking down these ghost funds.
2542  Economy / Gambling / Re: Would you support a collective boycott of all Russian gambling platforms? on: March 31, 2022, 08:13:01 PM
Many suffer from this war and this one needs to end. And to start the peace negotiation I think those sanctions will be taken out first since this is really the main problem on why the inflation rise up because there are limited countries who can buy oil in Russia, if they open back dealing oil of Russia for sure these we experience huge inflation will be lessen and we might get back to normal.
Still not effective with how many time sanctions given to Russia by Europe countries or anything else about boycott because Russia have gas needed by another country. I think could be stop with sanctions and boycott Russia right now better keep discussing about peace negotiation how this war invasion ended forever. Not any benefit when boycott Russian product until gambling platform because never have declare with gambling platform support with war invasion to Ukraine, what fault from gambling platform and have boycott by many gambler?

It seems like the list of companies shutting down Russian operations and connections is still growing every day. They've shown themselves as a rather unreliable and erratic partner, especially with the latest threats coming out today, so it seems like eventually Russia will lose it's last bit of leverage with energy exports soon. Anyway, it makes sense for people to stay well clear of any gambling operation that accepts Russian customers right now, because they might be in the firing line for evading sanctions. There's the dual threat of a general public backlash, that funds are seized by government regulators or even that payment processors connected with them cut off all business.
2543  Bitcoin / Bitcoin Discussion / Re: Russia to legalize Crypto Mining Soon on: March 31, 2022, 07:59:20 PM
Russian Deputy Minister of Energy Evgeny Grabchak revealed statement about introducing clear regulations for crypto mining in the country. His statement served as a support for the cryptomarket and the miners within the country, because back in January cryptocurrency mining was banned in Russia.

During the first national conference of legal crypto miners  Grabchak called for introducing a regulatory framework for the sector at the earliest. In his statement he added

Quote
"The legal vacuum makes it difficult to regulate this area and set clear rules of the game. This legal vacuum needs to be eliminated as soon as possible. If we want somehow to get along with this activity, and we have no other options in the current reality, we must introduce legal regulation, adding the concept of mining to the regulatory framework".

Russian government to legalize mining soon

Even if Russia offered free electricity and delivery of your equipment into their country, it would be a terrible idea to take up any sort of contract that was subject to Russian laws. This latest war by Russia on Ukraine is the most shocking example of how erratic the leadership of Putin can be. It's hard to trust a single word that comes out of their government officials and even if you did trust them, there is every possibility that you could get squeezed out by criminal elements which are pervasive all over the country. Any assets within the country are subject to arbitrary seizure or nationalization if things look to be going bad for them. While a few Russians who can navigate this treachery might make a bit of cash, any foreigners would be well advised to keep their hardware out.
2544  Economy / Gambling / Re: Someone explain this; Yahoo? (Gamdom) on: March 31, 2022, 07:38:31 PM
Those that have read the original 2 posts; and have argued or said I’ve not had enough proof,
From back IN DECEMBER. 

How much proof do you need to see ; now that Gamdom have lowered the WIN LIMIT To a ridiculous low 1338x MAX POTENTIAL.

Big Time Gaming games - White Rabbit win 10,000x … Final countdown 36,000x
lil devil, after hitting a 14,000 X now MAX CAPPED at 1338x

After hitting a 14,910x and a system bug blocking me from withdrawing wins
($10 spin - won $149,912 - was allowed to withdraw $30,000 out of $160,000 in DEPOSITS)

Lil Devil (capable of over 36,000x - MAX CAP 1338x)
https://imgur.com/gallery/mAsIMXv

Win credited to balance - SHOWING $223,179
https://imgur.com/gallery/FN3wARl

GIVE ME A VALID EXPLANATION THEN YAHOO/ others?!?!?.  According to you I’m just out to tarnish a brand. Give me an example of how this is capable, how this is LEGAL and how I have been paid $30,000 from December….?

Discord VIP Host conversations -
https://imgur.com/gallery/I3ndTnu

Acknowledging the bug/ website glitch.  Telling me he’d ask “management” come back to say we’ve credited your account with “compensation”

Refused to pay win.  So I request deposits back.  $160,000 - 2.9BTC at time of deposit. 

Please give me an EXPLANATION all you disbelievers who can see clearly now…

It sounds to me like you've finally woken up to the realization that you've frittered away an obscene amount of money on worthless slots and are desperately hoping that a glitch might save you. I doubt many people play at such a high level, so it's very possible that random glitches creep into the game that might otherwise never be seen by anyone and while an honorable casino might pay for their mistake - it's a huge hit for them to take and their terms might cover any such situation in their favor. Now, screenshots are not really conclusive proof as they can be edited to show anything you like in HTML. You seem to confuse them trying to keep a high roller happy by placating them with a small return, with admitting that something went wrong - then further confusing the issue with complaints about withdrawing when they had an underfunded wallet which is an entirely separate issue.
2545  Economy / Economics / Re: New crypto law in Bangladesh? on: March 31, 2022, 07:27:25 PM
It seems the fellow got the entire logic incorrect. Digital currency is just a digital representation of fiat money and it will also be guaranteed by the central bank of the respective country. Rather cryptocurrencies can be used for illegal activities and money laundering. Digital currencies are rather difficult to use for illegal activities.

Bangladesh was one of the first nations to impose banking ban on cryptocurrencies. The central bank of Bangladesh is pushing very hard to finally make it illegal. Under the current government, I don't see Bangladesh legalizing cryptocurrencies.

When people talk about Bitcoin it is often compared to physical gold, which would make it more of a commodity. In reality the line is very blurred because some people are using it as a commodity type asset and hoarding it, rather than using it as a currency which would entail regular turnover and usage - as well as a unit of value. It seems that the definitions they are giving are a bit confused and it's more likely there are only two types of currency - hard cash supported by the central bank and digital payments which can lie outside their control. Making judgement calls that it's connected with certain activities is a weak attack, as even fiat currency can and is commonly used for this purpose. It sounds like this is a positive move in process and the opposing political party is bound to try to stir up anything negative.
2546  Bitcoin / Bitcoin Discussion / Re: VIETNAM AGAIN CONSIDERS LEGALIZING BITCOIN on: March 30, 2022, 07:42:06 PM
   For some time now, Vietnam has had a decisive conflict to allow the use of Bitcoin in its territory, authorizing and disavowing it; however, the possibility that the latter is definitively legalized throughout the country has not yet been ruled out, which is why the Deputy Prime Minister, Le Minh Khai, asked the Ministry of Finance to consider re-examining how profitable the incorporation of this digital asset and proposed to build a legal framework for the crypto market; According to Vietnam Net, "the Ministry of Finance would work together with the Ministry of Justice, Information and Communications and the State Bank of Vietnam to develop a regulatory framework for the digital asset market", together they would analyze the pros and cons,  addition of its effect in the economy, to provide greater stability.

What are the chances that the Vietnamese authorities, by making this decision, will not change
 opinion again?


It's strange that these countries banned it in the first place, but I guess authoritarian governments like to aim for complete control - or at least the illusion of it. The countries that do best economically tend to be at the cutting edge of technology and who have politicians that are able to comprehend a sensible light touch regulation environment. Countries like Vietnam potentially missed out on being a base for new cryptocurrency related countries by outright banning it early on, at least now they're seeing it was a foolish idea. There's a lot more potential for them to make money this way, even if it's just lazily collecting taxes from transaction fees from local companies and users.
2547  Economy / Gambling / Re: Bitcoin-instant credit?? on: March 30, 2022, 07:30:14 PM
Does anyone know which sites deposit bitcoin instantly or even litecoin without a confirmation I’m sure you have to wait to withdraw that’s fine but at least credit it instantly?

It sounds like you're attempting to try to beat casinos by double spending, either that or you're a prolific gambler who would probably be wise to take the maybe 30 minutes it takes for a blockchain transaction to settle. There may be the odd casino that accepts it, but at the first sign of shenanigans they'll cut your funds off and hold on to them. No trick will work long term to beat the casinos in this way, it might have been possible over ten years ago with newer places but all of these basic steps are safe guarded against now. Anyway, lets hope it was a legitimate question, but if so - you should probably go easy on your spending because it's very easy to lose control and waste a lot of money.
2548  Economy / Economics / Re: Russia Was Prepared to Withstand Sanctions. Why Wasn't Europe Prepared to Impose on: March 30, 2022, 06:19:26 PM
Quote
It has been eight years since Russia last invaded Ukraine. What has changed, and what has not?

Russian exports of oil and natural gas are an essential source of hard currency that helps cover the cost of importing manufactured goods. Russia’s oil, gas, and coal exports are also an essential source of energy for European consumers and businesses, without which they couldn’t generate electricity, fuel their vehicles, or heat their homes and offices.

This entanglement limits the West’s ability to penalize Russian aggression financially. Yes, cutting Russia off from the global financial system would devastate the Russian economy and impose severe hardship on the Russian civilian population, but it would also force Europeans to slash their energy consumption.

Milder sanctions could protect Europe’s access to oil, coal, and gas, but their impact on the Russian government’s behavior would be commensurately smaller. The Putin regime has spent years acclimating Russians to material deprivation and it has also built up substantial financial buffers. Not for the first time, conservative macroeconomic and regulatory policies have shielded a revisionist regime from international pressure.

There was nothing that Europeans could have done about the Russian government’s decision to impose severe costs on its civilian population for the sake of maintaining its own flexibility. But Europeans can and should be blamed for becoming even more reliant on Russian fossil fuel exports since the 2014 invasion of Ukraine. They wasted nearly a decade when they could have been greening their economies and also increasing the security of their own neighborhood. Ukrainians—and others—will now have to live with the consequences.


There is some very confused and wishful thinking by the original poster, kinda losing respect when posting a garbage clickbait title like that. It has finally come to light that you're just a brainless shill for Putin. You conveniently pick out elements that support your theory while totally ignoring how devastated the Russian economy is looking like in reality. Putin thought the west was going to put out a whimper, but he was shocked by the deafening roar and will have stunted the Russian economy for decades to come. His legacy is now as a military joke, when he could have simply kept the pressure on and not shown the utter incompetence of Russian tactics. He has spent decades projecting an illusion that Russia is to be feared, however it has barely made any progress in Ukraine - it would get annihilated by NATO if it ever tried to invade anywhere else in Europe. Even funnier is half of the war chest you claim is a safety net is now frozen and beyond the reach of the Russian government, hopefully to be seized and given to Ukraine for rebuilding after this shameful war.

May Russia, this supposed "Super Power" continue getting whooped by Ukraine. Slava Ukraini.
2549  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency will not save Russia from sanctions on: March 29, 2022, 08:58:41 PM
Considering the numerous restrictions on the Russian Government they are still strict measures on every transaction that is displayed on the Blockchain. Any huge amount of money moved into a wallet will be flagged and checked if it's headed to the Russian Government. And it'll be difficult for Russian Government to convert a huge Bitcoin into Fiat as well. Do you think they can get around the corner and still escape the numerous financial restriction on their country through Bitcoin or altcoin

https://www.aljazeera.com/economy/2022/3/1/crypto-will-not-save-russia-from

Like many things when it comes to unexpected events, the damage is often far gone before the average person is able to react effectively and save themselves. For example the value of the Ruble has fallen and many businesses have no interest in Russian users any more because of the actions of Putin. That makes it much harder to cash out at a decent value compared to what peoples savings were worth before the war. It also makes it difficult to cash out any saved Bitcoins going back the other way, both because there are less choices in terms of exchanges and because any cash out will end up in Rubles for living expenses which could drop sharply again at any time. I guess this is the price you pay for having an erratic and unstable leader.
2550  Economy / Gambling discussion / Re: Crypto.com as Sponsor's for FIFA World Cup on: March 29, 2022, 08:24:49 PM
This ain't the first time they're dealing with stuff's like this, they already dealing with Australian football League, Formula 1.
Joining/ Sponsoring the biggest event/game in football history is a great thing to see as they have been on a rapid increase ever since 2016 having over   10 million customers and over 4000 employees.
They're are also in support of teaching kids about Crypto technology, which i fancy very well!


https://blockworks.co/crypto-com-adds-fifa-world-cup-sponsorship-to-sports-marketing-strategy/

It's a very interesting development and along with Formula 1, is going to draw in a whole new crowd of enthusiasts to the sector. It really is a premium brand to be leading the charge in this sector - a clear and effective domain that is intriguing new users. They must be making substantial returns on their previous marketing investments if they're broadening their scope and it will make a change from all the casino crypto advertisements that are plastered around the league. Let's hope that their big promo deals get spread more fairly among the staff at the clubs instead of causing ever increasing transfer premiums for footballing talent. Seems like this company has a very strong future ahead.
2551  Economy / Economics / Re: Citizens School in Dubai Accept Crypto for Tuition Payment on: March 29, 2022, 08:14:23 PM
Citizens School in Dubai Accept Crypto for Tuition Payment.

The Good news is coming from Dubai stating that "Citizens School" now accept the payment for tuition fee in cryptocurrency (Bitcoin & Ethereum), this comes as the first of it kind all over the United Arab Emirates and the entire middle east region as to accepting crypto payment in schools with the official statement quoted below

Quote
The school promises to offer flexible payment options in addition to traditional forms of payments and interest-free monthly payment options that Citizens Schoolwill offer. As explained, payments in crypto will be accepted in a tie-up with a digital currency platform that processes cryptocurrency payments and automatically converts them to Emirati dirhams (AED).

It could be recalled on the recent booming of crypto activities in UAE and how the government provide a suitable regulation for the exhibition of "Crypto Free Zone" in the region and the massive relocation of crypto investstor from Russia to UAE because the atmosphere there promote cryptocurrency activities as well as being fully supported by the government, also Dubai is well known as the "Centre for Business and Commerce" as it hold annual "Biz Expo Summit" whereby different countries all over the globe mark the attendance.

The rate of digital technology development is fast increasing in the region while the founder of the "Citizens School" in Dubai made a statement with a commitment and interest to help the upcoming generations equiped in the era of digital economy in UAE at large.

Let's be honest, this is nothing but a fantastic marketing trick for this school. It'll most likely have all sorts of entry requirements but the key element is they are NOT actually accepting payment in Bitcoin. It's automatically converted into the local currency at the moment the payment is due, which removes the slightest risk for the school in not receiving the expected amount. It's just the same as them accepting gold or coal, which was instantly swapped for cash before they got their hands dirty. This is a bit of an illusion and a charade. The government in the UAE or middle east in general have not shown that they're particularly fond of cryptocurrency, their laws are barely developed enough to accomodate normal fiat banking.
2552  Economy / Gambling / Re: Gamdom Crypto Casino breaking the law? on: March 29, 2022, 04:55:31 PM
So; can someone explain how you get a message upon withdrawal that states
 “BTC BALANCE LOW; SYSTEM NOTIFIED” ?
Has anyone else ever faced this issue at Gamdom.com (scamdom for a reason!)

I lost 2.9BTC in a single day play (over £100,000)
They won’t help, even though all other withdrawal requests on all streams (using fake Gamdom owned accounts) send straight to ‘pending’ or ‘queued’

https://imgur.com/gallery/I3ndTnu

Conversation with me and “VIP Host. Wayne”

In short;

Deposited over $160,000 to be hit with a bug on the system which kept stating “BTC BALANCE LOW: SYSTEM NOTIFIED”

Withdrawal bug which didn’t set my withdraw attempts to queued. But automatically reverted back to play balance with the error “BTC BALANCE LOW; SYSTEM NOTIFIED” to which I kept being told “be patient” hour after hour after hour.  Wayne said this wasn’t a true representation of how it worked.

For comparison: Stake.com keep 2000 BTC at all times available for withdrawals. Roughly 80million.
3.57 BTC shouldn’t have triggered any type of refusal.

I think you'll have a hard time finding much sympathy, or even comprehension of the scale of your problem, at these forums. You are what most would consider a whale if you're gambling such amounts and you probably have much more in reserve. Whether they are breaking the law or not probably comes down to their terms, most casinos have pretty extensive conditions with a few caveats that may cover this situation. The law would also be defined by whichever country is hosting the servers or where they have chosen to incorporate their casino company. Many of the smaller jurisdictions handing out these licenses are basically pay-and-display with the regulators, if they even exist, usually doing little to help end users. You might be out of luck, or just try to take it out in smaller chunks?
2553  Economy / Gambling discussion / Re: Which sports are you placing bets on? on: March 28, 2022, 08:14:04 PM
There are a lot of players around the world. Not every games are favorite in all region. Some likes soccer, some maybe esports or some cricket or others.
Which one are you mostly placing your bets on? Besides, do you think gambler don't care which sport it is. I have seen gambler who don't have any fucking idea about cricket but he used to bet on cricket.

I like placing bets on football at the moment, there is quite a lot of potential to grind out a profit if you do a little research before hand. It's possible to find teams that are on a winning streak, which might not be properly factored into the odds on offer. Going with under/over bets can also be profitable if you start reading the last few games of each team, there has been a surprising amount of low scoring games in different leagues lately. If you're looking at a team who's sat bottom of the table with five losses, versus a team middle of the table with a few recent wins, it's usually a pretty good bet to take. There can also be substantial movement on odds from 24 hours before the game to just before starting so there is room for a bit of arbitrage if you pick carefully.
2554  Bitcoin / Bitcoin Discussion / Re: This is going to be bad for the Indian Bitcoin community on: March 28, 2022, 08:08:28 PM
Okay so last time, the Indian government has proposed a 30% tax on capital gains whatever profit do the citizens get from selling the assets.

But for this one.....argggh!!!!

Source: https://coinmarketcap.com/alexandria/article/this-will-kill-crypto-two-new-taxes-to-be-slapped-on-indian-investors-from-next-week

So not one, but two taxes that will be imposed starting next week. This is definitely bad (or shall I say worse) for the Indian crypto community. 1% for every transaction? What is the government thinking about this?

It'll create a heavy burden in the hard earned money of the Indian crypto community. As the title says "This will kill crypto" and expecting that the trading volume in India will experience a sharp decline after this comes into full effect.

What are your opinions on this one guys regarding the double taxes imposed by the Indian government to their crypto citizens? Thanks!

While a trading tax could be useful to stop volatility, it'd be wise to have it much smaller or a fixed amount instead of a percentage based fee. However it seems that greedy politicians would prefer to tax this technology out of existence rather than see useful longterm benefits from it. It might stop it being used as a form of overseas foreign exchange for this country as the fees would start to rival existing fiat currency middlemen. There are definitely better ways to go about taxing cryptocurrency and it could easily fall within the yearly taxable income of individuals without stifling this trade - in fact that is likely to generate even more revenue because it allows huge traders to work most effectively.
2555  Economy / Economics / Re: What skills should I learn to get freelance work ..?? on: March 28, 2022, 07:32:19 PM
Hello everyone , I wanted to increase my monthly earnings and for that I know I need to have some skills.
Currently I do write articles, but not getting paid as I would like.
I am willing to learn some more skills so that I can get good paid freelance work here in this forum or any other freelance website.
Can you please guide me what should I learn.
Some options I thought digital marketing or take a course on blockchain.
Please give me some advice. I want to earn good money and for that I am ready to work hard and learn some good skills which would help me do so.

There are two big skills that it might be possible for you to learn: Coding and/or Design. Demand for these two skills in all the various iterations is huge - new ideas are created every day which need someone to convert into action. There is a large amount of variety within them, you might start learning how to code phone applications, become a security specialist, create avatars or logos for people or learn 3D modelling. You're most likely to do well in the fields that attract you the most and align with your existing interests, but whatever you do will take a long commitment in order to master it, you better be prepared to work for very cheap or free to get your practice in.
2556  Economy / Gambling / Re: Do you prefer lots of promotions over better RTP? on: March 27, 2022, 09:17:34 PM
One of the casinos where I gamble have gone totally overboard with their marketing campaigns. They are spending millions of dollars on marketing and to fund this, they introduced several projects to increase traffic to their site. Now, I am not going to say which site it is.... but I guess a lot of people play there.  Roll Eyes

The site is great ....but the gambling experience has deteriorated... because the RTP has been nerf'ed to hell and gone to pay for these projects.

Now my question is this... do you prefer that a casino offer loads of promotions and campaigns and sponsorships and sacrifice RTP in favor of that.... or will you rather have a decent gambling experience with a better RTP?

Let's discuss...  Wink

It's difficult to have sympathy in this situation because any long term casino player is going to lose because the RTP will always be set against them. A casino has bills to pay - servers, staff, security, licensing and much more. You're never going to be in a situation where the casino hands out a lot more than they've got coming in. On the contrary, if those promotions are accessible to existing and regular players you're more likely to be able to grind a small profit out of them rather than games that are guaranteed to be stacked against you. Free bets and free spins can accumulate small amounts over time which can be much more useful to a discerning player.
2557  Bitcoin / Bitcoin Discussion / Re: Why are there no altcoins that can replace Bitcoin? on: March 27, 2022, 09:10:20 PM
BTC is not only the first coin but it has symbolic value for the entire crypto market, one symbol of the blockchain revolution.
Just like gold, there are thousands of metals produced such as steel, aluminum, silver, etc., which are widely used in daily life. but gold has always been the most valuable metal, still number 1.
So there will be no altcoins that can replace BTC although ETH, Sol, Tron or Xrp... have utilities, applications and technologies that are far superior to BTC.

I think you have it very wrong and other cryptocurrencies will surpass Bitcoin eventually. It might not happen in the next ten years, but there are plenty of technologies out there which improve upon the standards that Bitcoin laid down. It's more like comparing a 28k modem versus fiber optic internet connections - the first iterations of the internet at much slower speeds were incrementally improved over time to allow much greater capacity. There are some inherent limitations that only other versions of cryptocurrency have the ability to change. Network capacity, speed, energy usage and transaction fees have improved over time but they need to keep dropping to compete with existing payment networks.
2558  Economy / Gambling / Re: Sign Up Bonuses on: March 27, 2022, 03:23:05 PM
What could be the possible caused of the companies that are not giving the sign up Bonuses?
•Whether they have forgotten.  Tongue
•Whether they dont have budget at all.

If we do talk about sign up bonuses then it should really be in default and come to think that bonuses does have particular requirement for a certain user to reach out
before they could really able to pull off those bonuses when they do able to hit those wager requirement or something like that because it couldn't be just given
without any conditions which is very normal and its true that this is one of the most common ways on hooking up someone on making out deposit
specially if they do saw 100% amount bonus or something but if its totally free and no strings attached then there's really some who do gave it out.

It's a bit of a catch-22 for most gambling institutions but it comes back to the adage: it costs 5x more to attract a new customer than it does to retain one. All these signup bonuses are trying to break through that initial barrier of reluctance that many gamblers will have. People tend to stick to what they know and will very often return back to the same gambling company many times if they become familiar with it. If you've got someone new on your casino site, it is usually clear that they are there to spend money and many can become long term customers once past the depositing stage - so there is huge incentive and you could consider it a fee for getting someone to register with accurate details (provided they have adequate defense to prevent abuse).
2559  Economy / Economics / Re: Sanctions left and right, Can the Russian economy survive? on: March 27, 2022, 12:20:00 PM
With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?

Of course they can survive, they will just be in a much poorer position than when they began this useless war. Not only has Putin proved that his army is utterly incompetent and badly managed throughout, he has crippled the Russian economy for many decades to come. Even if the sanctions were slowly removed, his unpredictable nature and rash economic decisions have shown that it is a terrible place for foreign investment. There is money to be made, but there are a lot safer places that can generate equally high returns. The average Russian will become a lot poorer, not only in money but freedom of speech and travel opportunities, while the richest Russians are also going to face a backlash of unprecedented proportions for the poorly thought out attack by their leader.
2560  Economy / Gambling / Re: Casino Game on: March 27, 2022, 07:42:08 AM
I was thinking that "Casino" is gambling game played by players in this forum. Because I am seen the name everyday, so today I decided to find out how the game is all about.
When I googled the name, then I discovered that it is an establishment for different types of games. Such as: Dice, crabs, black jack keno etc. That is, it is a facility or a platform for gambling. Simply means. It is a building for games.

And also. Most terms use in the gambling platform confused me so to contribute and comment is not easy. But I know for sure that it is for the mean time, I will get all for the free flow communication. But if there is any board that I can learn those terms. Please forward the links for easy and faster learning of the terms.

So, you came here to tell us you used google in order to figure out the definition of a word? That's been the underlying benefit of the internet for a long time, before that you'd have to pick up a dictionary or read an encyclopedia if you wanted to find more information on a topic. You're most likely going to come across many words you don't know, it's probably only useful to learn them when they apply to whatever activity you're doing. It's no good learning phrases like pot odds, laying a bet, won by a head, an amazing bishop end game or any of the other numerous game related content unless it is specifically beneficial to know them. Besides that, you're more likely to remember if you use it in a day to day context.
Pages: « 1 ... 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 [128] 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 ... 310 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!