I'm not really sure what is the point of calculating good ROIs when at the end of the day we're still going to stay with an investment that guarantees that your money will not go to waste. With bitcoin being down right now, I think the more probably movement that will happen is for it to go upward. Alts are good investments and some people are putting money to undervalued altcoins in hopes that it will have its value back (or maybe even the ICO price) but it's undervalued for a reason.

It also depends on how active you are in trading. Some are risking their money to alts but at the end of the day, all of their money are returned back into bitcoin (called day trading). Some are able to sleep on it and just leave a sell order. The point is that if you're going to do altcoins, then you can't be just inactive because you might wake up and the coin doesn't have value anymore since altcoins have the tendency to die. Bitcoin is more for long term. It's something that you can leave and come back to after a couple of months and not have to worry much about it.

Or maybe you go try to find it since you are the one who brought it up? You're the one with the most chances of finding it since you've already found it once. Maybe it's still in your browser history?

I do doubt that such "company" is able to recover lost bitcoins because to be able to gain access to the wallet again, you're going to need the private key of it. If you such company can give you back the private key of your address by simply pinpointing which address have you had before, then I will be extremely terrified. That means that they are able to get the private key of any address so they are pretty much going to be like Gods in the bitcoin world. They are just going to search the top wallets that have the most coins and get the private key of those addresses. Good thing bitcoin was made so noone will have the computing power and storage to be able to do that. So nope, that company is a fraud and what they are claiming is impossible.

Of course he will move on to using a different gambling site. Why? Because why would you reveal yourself to a gambling site when there's dozens that don't require KYC. The whole point of gambling with cryptocurrency is so that you can get in and get out of the gambling site and be able to stay all anonymous. People shouldn't have gone to trouble learning how to use bitcoin if they are still going to KYC them. People could have just played directly with their debit cards if they were to KYC with bitcoin anyway.


I do live in a third world country where most online support teams are located and I must say that gambling sites being paid with actual money and not crypto is still booming because otherwise I wouldn't personally know a lot of people who work for them.

I honestly don't think that will ever going to happen, bitcoin being replaced by an altcoin, at least not for now. What could possibly the idea of this new coin that will allow it to replace bitcoin, the base currency of all cryptocurrency. All altcoin users are using bitcoin because it's the base currency. Meaning, almost all coins have to be converted to bitcoin first before it can be exchanged to fiat money with the exception of top coins. Every altcoin coming out follow the same principle as what bitcoin has and the only difference is that they serve different purposes and has a different target markets. The target market of bitcoin is all of the Internet users looking for a way to transfer money efficiently and cheaply and frankly enough, bitcoin is doing a great job in making more and more users.

Just look at the facts. Litecoin has been released years ago after bitcoin came out. It is said that LTC is better than BTC but for a long time, it never occurred to people to embrace Litecoin and ditch Bitcoin. New coins are always claiming that they are going to conquer the cryptocurrency world and replace bitcoin but they are just doing that so many people will invest in their coin but it's all a joke. Bitcoin can never be replaced, at least not any time soon.

I don't know about that. In the longest run, the bitcoin market will either crash or have very high value according to Satoshi. In other words, ultimately it's either going to boom or it's either going to die like any other market. I'd like to think that the ultimate end of a bitcoin journey in bitcoin is the moment that he decided or needed to cash out all of his bitcoins. So even if we do keep in mind that the price of bitcoin might be down for now but will come back up in the future, if you needed the funds, this is going the price that you're selling your bitcoins. Not that huge price in the future.

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People are complaining when the market is down because they have lost the chance to sell at a higher price. I mean, who would've thought that bitcoin will be priced 6k$ when it was 18k$ before. Those who have held bitcoins when it was at 18k$ sure felt like they were losing, especially those who have rode the pump and bought bitcoin at that high price. On the brighter side of things, a year ago bitcoin was just playing around 3 digits dollars so we're still in a good price here. Nothing to be ungrateful about.

What he said basically, plus, what else a new casino can offer anyway. A new game? Nope. They only come up with some new gimmicks but at the end of the day it's all the same. Some sites are doing giveaways and freebies or some bonus if you deposit x amount so they will be more appealing than trusted gambling sites but honestly it's what makes them so fishy as well. Why would a gambling site give out x amount of money just for depositing? They are just giving you a reason to deposit to their website.



I mean, review sites get paid by new websites if they think that the review site will give them a good traffic. On the other hand, it's usually the review sites that are trying to find new websites that they can review so they can have a deposit link which is mainly how they make money aside from getting paid directly by the website so their site will get reviewed. But of course that does not guarantee them good feedback and a review site which gives good feedback in exchange of money is fishy too so you might wanna find a review for the review site as well.

Welp, considering how many altcoins have turned out to be shit coin in a month or so, I would honestly consider this strategy. Altcoins are for fast money. They are created (at least almost all of them) for the purpose of pumping and dumping the coin. Some are able to buy an altcoin in a price lower than the pre-sale and it's one of the strategies of ICOs in order to assure that they will have sales at all or at least be able to reach their soft cap. Of course those "early investors" do not really care about the coin so they are going to dump the coin as soon as they enter the exchange. Funny because I didn't know this before and so I held my altcoins that came from signature campaigns. I thought I would try put my heart to it for a month or so. So instead of having the amount of money that I was supposed to earn from it, I earned just a couple of bucks.

I don't trust altcoins in the long run anymore except those that are in the top 100. On the other hand, there are still some coins whose devs are actually trying and are actually doing what their coin was supposed to do. Sadly, you have no way of determining if an ICO is going to do that or not. It's all just a matter of luck but in order to be safe, sell your coin as soon as it pumps for the first time or as soon as it reached the ICO price.

It says "FULL" in the title in case you have not noticed. Full means this campaign is full/closed for new participants not full as in they are looking for a full member.

This is totally possible and this is not necessarily a bad thing. It will indeed crash the whole market. The price will keep going down as long as there are more and more buy orders. This will totally shuffle the economy of bitcoin since there will be people possessing even more bitcoins while there will be people buying at a really low price. Some people would have more bitcoins than other people when they have spent the same amount of fiat money. This is good in the way that the possession of bitcoins will be more scattered. It will not belong to a single person, Satoshi, and others will also be given a chance to buy at a lower price. It's like a second chance to buy bitcoin cheap. It will really shake the economy. Some will be panic selling and end up with loss while some will be making a lot of bitcoins from the dump.

It's going to crash but that doesn't mean the price of bitcoin will stay that low forever. Some might even start investing in bitcoin since the possibility that Satoshi dumping his bitcoins at once has already happened and will not happen again.

Research. That's all you have to do to dodge a bullet. I mean, how good can a scammer can possibly be. Obviously a scammer isn't able to write a good whitepaper (we're talking about ICO scammers) so by reading the WP of the project, you can easily avoid getting scammed. Just think of it. If a scammer is intelligent enough to set up a believable whitepaper and a believable website and has come up to a good concept for an ICO, then he's just going to setup an actual ICO which can make him rich in the coming years without having to deceive people.

Funny because by just looking at the website especially the "about" part of their website, you can easily see if it's a legit ICO. If the advisers are some known advisors and they actually confirm that they are advising that ICO, then the chance of you getting scammed is lessened (but not non-existent). There are ICOs where the "about" photos are pictures of random people and there's one time when there was just a drawing of people lol.

Bottomline, scamming is just about details. The more convincing your deal is, the more people you can scam. On the other hand, people with such good knowledge will be doing legit things to make money and not just commit basic scams for money. They can do better. So we're left off with scammers that aren't really that good.

(Of course I'm talking about internet scammers. There are scammers IRL that are really intelligent and was able to pull-off one huge scam.)

No complex system has zero flaws especially if it's branched out to something that's connected to the Internet. In this case, the blockchain. There are transactions that take so much time to process and at the same time, double spending can happen. Errors are still happening in online casinos so a customer support has to be there in order to check if the coin actually have been sent to the deposit address of your casino but the automated system was not able to process it. I think a bad customer support is detrimental to your online casino's name. You can be labeled as a scam gambling site because of a piled up customer support tickets that took long enough to process. It's so sad to see but most online casinos are like that (even trading sites).

Having the customers enjoy gambling in your online casino is just one part of establishing your online casino. Having them to have someone to talk to and process their problems towards your problem is as important.

Because obviously he does not own the hospital and thus he can't just start accepting bitcoin for medical billing?

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I think this comes down to the lack of hype of bitcoin to the merchants. When we, the consumers or the bitcoin users, start asking for people to accept bitcoin or even ask if they do accept bitcoin as payment, something starts to happen. They start to gain interest on what it is and why did some guy just asked to pay using that kind of money. I'd say it takes time, a lot of time, but it can be shorten if we don't become such a sheep waiting for just the adoption to happen but be a shepherd and start the hype by ourselves.

In my country, though, bills can be paid using bitcoins via the local exchange. Electric bills, phone bills, etc. but I don't think you can pay medical bills. It's just a matter of time until hospitals start to participate since it's not that hard and it's a lot more efficient although it's totally possible that some hospitals would only want to be paid in cash.

Honestly should be a trend. Imagine 5 people walks into your store asking if you accept bitcoin. As a guy who has zero knowledge about bitcoin, you will try to learn about it. You will get curious about it. As a guy who has some knowledge about bitcoin but not really enough (the guy who just heard about bitcoin), you will try to research more about it since it's not alien to you at all. As a guy who knows bitcoin quite well, you will start researching about how to integrate it to your store. Once this "Hey do y'all accept bitcoin?" question has become a trend, merchants are going to start researching about it and eventually start accepting it. They will have signages saying "We accept bitcoin here!" and non-bitcoin users who will walk into the store will start to be curious about it. It's just a matter of setting a trend after all.

Because people like having good things and bad things. Looking at the bigger picture, gambling is not bad at all. It's actually helping the society. Casinos are one of the highest payers of tax (but also the one that evades it the most) and they do give back directly to the people by sponsoring hospitals and whatnot. On the other hand, people like to have good things and bad things. Gambling is bad, smoking is bad, weed is bad. It's not accepted by the norm because they have seen people destroy their lives because of gambling. But, people have been destroying their own lives in different things too. Gambling is just one of the things that has a more dramatic story because money is involved. The system itself is ruining people but it is not portrayed negatively by people. It's just accepted by them.

Living in a small island at a third world country, I have witnessed poor people being so addicted to gambling. In their minds, they are just keeping their minds off the stress but honestly do they even afford to? It's mostly the boys that are into gambling and the girls (or their wives) have nothing to do but accept that they fell in love with a gambler. They can't fight their husbands because they are going to get physically and verbally hurt. Funny. Yes, it is bad but slowly it is becoming more accepted. It is becoming a lifestyle to some.

Ever heard of VPNs or Virtual Private Network? In China, there's this great firewall of China (that's what they call it) and they can't even access social media sites that we can access without any hassle at all. Their government is really good at tracking down people and people are so scared of them. They don't wanna bad mouth the government on the Internet because they do know that the government will always find out that it was them who was talking badly of the government. Besides the IP address, the government can trace that you have bitcoins when you have an account to an exchange that required a KYC or an ID verification in order for you to cash out your bitcoins into money.


I mean, that sure is true but that's not going to be the way the government is going to find out about you because it doesn't necessarily directly link to you. The government controls the local exchange that you have. Let's face it, the government already has our information.

I think the best time to stop betting is literally right now. Let me explain. Let's say that you have lost money from gambling and you are trying to win in back by gambling again (which is weird since that's how you lost the money in the first place). Betting again gives the possibility that you lose money again and let's face it, it's more likely that you lose than you winning.

Stopping betting is just one step towards ending your gambling habits. Maybe today you're not going to bet at all because you have read a post like mine that made you say "Oh yeah that's right. I should totally stop betting." On the other hand, we're humans and we're good liars especially to ourselves. The next day, the next week, once you have forgotten about the post or the motivation to stop betting caused by it simply depleted, you're going to start betting again. I suggest that you start reading articles on replacing a bad habit with a good one instead of focusing on finding out when to stop. Stop now.

And how does researching the project and having a good deal with the bank gives you control of the investment? It does not although it prevents losing money from obvious reasons. You can never be sure in an investment, funny thing. There will always be risk even with bank investment. Bank investment has almost zero risk but the return is not good at all. Any person who has some knowledge in buying and selling something can make a lot more than what the bank can give you. Bank investment is a passive income but you can easily earn it from simple tasks such as starting up your little store or doing some sidelines. In my opinion, it's not really worth investing in banks because first, it gives low return (like I said) and the bigger issue here is that banks also go bankrupt. Bank accounts can be compromised. The bank itself can be robbed. This is very risky especially if you're putting a large amount of money which is more than what the bank has guaranteed money back in case some bad thing happens.

And honestly the bank going bankrupt is beyond your control unlike in keeping your bitcoins safe. The more you know how to secure your wallet and your computer, the better and you only have yourself to blame.

Thanks for the update! Confirming that you have received the payment not only helps the manager but also the campaign that you are representing because people will see that the campaign actually pays. Some sig threads are just dead but is still going on.

Any update with the payment of this campaign? Did this campaign continue for another round?

While bitcoin users don't submit tax forms to the government, we are still paying taxes. The exchange that you are using in order to cash out your bitcoins into fiat money, they are paying tax. Don't you think they do? In every cash out that you do, you are already paying them tax. The only thing is that you don't realize it because the exchange rate has already been adjusted so that the tax is already included in your transaction.

Another thing, if everyone's using bitcoin and all are making good amount of money from their Internet jobs, I think that the economy of that country will grow even more. More money means more consumption for you. That's what humans do, we consume. We buy everything. Every time you buy something, you're already contributing to the country because you're paying tax.



Definitely agree to this. The government is well aware that they can't stop the people from using bitcoin since there will always be an Internet connection to the country. Prohibiting the use of Internet to the whole country is very absurd to do so they have to have a different solution. People earning money from their bitcoin earnings aren't paying income tax. This thread asks what if 80% of the population is using bitcoin, which is a majority of the people. That means it will be a good decision to increase the value added tax (tax you pay when buying something like groceries etc) since everyone's affected by it since everyone buys something.