Did Elon promote any other coin except Doge and Bitcoin? I don't think so! I doubt Elon will start promoting any other coin because SEC has already initiated probe against Elon regarding the recent market manipulation he did.

So I don't think he will go after any other coin in near future. If he does, he will probably again promote bitcoin so that his company can make up the losses from their bitcoin investment. So yes, that's what I wish so that bitcoin breaks the 60k regime in near future.

Just one question to op,

Before listing any crypto gambling website, what kind of due diligence process you follow?

When you claim that all gambling platforms listed in your website are legit, we also need to know the due diligence process.

The website design looks kind of funny with the color combination you have chosen (from mobile) for the lists. If you want people to take your website seriously, don't use more than 3 colors. It's a psychological trick that all long standing web designers know.

I really hope everything will be fine after the recent circular from Reserve Bank Of India. I mean banks will not be able to freeze your account if the find or suspect crypto transactions happening in your account. However, I doubt that it will last long.

Crypto bill will definitely be tabled in the upcoming monsoon session in the parliament and I fear that cryptocurrencies will face prohibition in India. So I would say, please don't use any Indian centralized crypto exchange as of now. Exercise extreme caution and don't go beyond p2p trading.

We will need patience to see how the things move on.

I don't think we have any platform both in crypto and fiat, where gambling on climbing is introduced. The only reason I can see is the popularity. Climbing is a very much underground sport and definitely not popular like Football, Cricket, F1 or even Tennis! It has a small fan base and for genuine reasons sportsbooks have not shown interest into this sport. Frankly speaking, I couldn't find even a fiat based sportsbook for this sport.

I wouldn't disagree! We are in the middle of a pandemic and the world economy is suffering. Job losses are everywhere and people are living on government's income support scheme. We are seeing a nightmare still in many countries. Crypto is not completely secluded from the earthly matters, so it got affected as well.

However, we have actually seen a great bull run from bitcoin and other few chosen altcoins during this pandemic as well. When the price of bitcoin reached to 60k, we all expected a correction. Now look at the market, it is increasing again.

These are part of daily crypto market. Every dip is an opportunity.

Lol! It's a well known fact that JPM chief Jemie is a bitcoin hater. His FUD had actually worked back in days when he was able to bring down the value of bitcoin with his anti-bitcoin statements. But those days are gone and no one really bothers what Jemie thinks about bitcoin.

So when such FUDs are coming from a JPM employee, it's no wonder that she is just tying to please his boss. I would say read the article, laugh and move on! That's the best we can do except ignoring.

Fiat is not designed to grow in value. Rather it looses value due to inflation. It's purchasing power decreases over time.


Depends on your country and the existing legislation around cryptos. In few countries like Japan or Germany, you can legally use cryptos as a medium of exchange.


What do you mean by existing? It certainly can exist without each other.

I stumbled upon this news couple of weeks back. While it's ok for a marketing gimmick and may appeal to some crypto miners in this process, but is it really practical? Electric cars are already under heavy fire from the consumers due to its short range and limited usability. Now if an electric car start mining while parked, it will drain out the battery and reduce the range even further.

For a marketing gimmick it's ok but not practical, I must say!

Great betting and congratulations on the winnings. However, it's not clear what do you want to prove? Are you offering tips or is it a gambling syndicate or what exactly it is? Making millions in just 3 years is not an easy task and yes, many bookmakers will block your accusations and cease your winnings in grounds of suspicion activities. So using a non-crypto bookmarker is ideal in this situation.

If it is a tips & tricks service, what is the risk cover you are offering. Let us know!

P2P lending is a dangerous system. I have personally experienced it with BTCJAM website few years back and all I got is a page full of red glory. less than 10% people repaid their loan and rest all are now enjoying with out bitcoins. However, Defi lending is little different. here you will have to provide collateral assets against a loan which is locked in smart contract and it will be paid back to you once you repay the loan. So that's somewhat secured unless the value of the collateralized asset goes down. But the risk is higher than traditional financing.

Banks can definitely use blockchain based platforms, but that will be only for maintaining data. I don't think a Defi based system will be beneficial for them, because they usually deal in a single currency system for the retail customers. And every single loan taken out by retail customers can't be collateralized. It's easier for Defi because they deal in multiple currencies. So a true-breed Defi isn't beneficial in traditional finances. The risk of default is much higher and banks will end up loosing their capital.   

Dogecoin is itself an abandoned coin and you guys have built an ecosystem around this!! How silly!! The developer of dogecoin sold off all his coins few years back and purchase a Honda car with it. Are you planning something of that sort?

Another serious concern is about the team members which is already raised by my fellow community members. Why codenames instead of actual identity?

I wish bitcoin adopters from 2017 could see this post! I clearly understand the frustration. When bitcoin market reached to 22k, there was a mad profit booking rush. Also there were many people who had adopted at this price range. People were frustrated until 2020, because they couldn't book their profit since almost 3 years. Now look at the market. Did it give another chance to get into bitcoin at 2017 price level.

So don't share your frustration with people here. Just wait for another bullish cycle.

You have already received the correct answers from my fellow forum members. However, may I ask what is the need for cancelling the transaction? The recipient of this transaction, has already received it at their end. So you can consider the transaction is completed. Is there any scam happened? Do let us know so that others are aware!

I have just seen the tweet from WazirX CEO Nischal about it. That's a good news! Because Indian banks have been barring crypto exchanges from opening bank account or providing settlements through banks. ICICI and Axis banks were the most infamous on these fronts of banning accounts.

Now coming back to your question. Yes, crypto exchanges in India would be able to continue using the banking service after complying with the existing set of guidelines. No banks will be able to deny service to the crypto exchanges.

But I am still skeptical about the final outcome. The crypto regulation bill is supposed to discussed in the upcoming monsoon parliament session. I am not very positive about it!

This statement is true in the global context as well. Crypto related cyber crimes are at all time high. Many corporates were affected by the ransomware attack since last year. There was a recent attack on an American pipeline where again bitcoin was paid to the scammers. It seems majority of the cyber crimes are happening and bitcoin is inevitably involved in that. These incidents are earning a bad name for bitcoin for sure. The pseudo anonymity has indeed granted a power to the scammers!

Being vigilant is the best we can do to save ourselves from online gambling scams.

However, I would also emphasize that we should not trust a very new gambling website popped out of nowhere. If you are a regular gambler, then stick to your regular gambling website which you know and you are comfortable dealing with them.

Testing absolutely new gambling websites may lead to bigger disasters. Also it is important not to deposit a huge amount of money when you are testing out a website. That's what I follow and thankfully didn't fall for any scam till date!

Your argument is good! However, the digital money revolution will not favor bitcoin. It is definitely a great digital currency common people have embraced. But when we talk about the CBDCs, that will be something controlled by the central banks. No decentralized currency like bitcoin or ETH, will get that chance. Bitcoin will always flourish in the way it is functioning today and its value will appreciate. So good time to invest.

But digital money revolution will be captured by the CBDCs and not cryptos. World governments will not let that happen!

Frankly speaking, I don't see this happening ever. World leaders wouldn't allow a generic currency system without a controller, become the central currency of the world. There will be corporates who might add bitcoin into their cash reserve, but definitely not on a government level.

World leaders wouldn't allow some unknown miners to produce their reserve currency. This might happen if only government starts controlling 100% of the mining operations. Otherwise, don't even think about it!

Fact check:
ASA didn't ban bitcoin related advertising. The have banned advertising which doesn't talk about risks associated with any kind of investment. So if you are stock broker and you want to put advertisements about stock market and your service, you see to mention the risks associated with it. Otherwise even your stock market advertising will be banned.

Don't mislead people and update the thread title asap.

The government of China is authoritarian by nature. They understand that cryptocurrency can potentially provide financial freedkm to their people which could in turn challenge the stability of their authoritarian regime. Like every other problem, they are now trying to uproot this problem from their soil. But that's not the end really! Wait for some more days, they will legally ban every single cryptocurrencies and all related transactions. They will also impose a punitive action if anyone is found dealing in cryptos. They are good in uprooting any challenges and they will try their best in this case as well.