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2641  Bitcoin / Bitcoin Discussion / Re: Argentine President sees no reason to oppose Bitcoin adoption on: August 15, 2021, 07:02:59 PM
First of all, I think there is a bit of a confusion in this post. I believe the quotes you have here were copied direct from the news you saw this, and in the quotes we can clearly see that they are talking about CBDC and not bitcoin, you’re the one that keeps mentioning bitcoin. So, I guess he was talking about CBDC? Anyways, it’s not bad if they are also referring to cryptocurrency as a whole.

But, know that CBDC is totally different from the normal cryptocurrencies that we know, such as bitcoin. That a country has CBDC doesn’t mean that they are going to allow cryptocurrencies. They can still have their own CBDC and also ban cryptocurrencies such as bitcoin, just like what China has done. Although I don’t think that stops people from using bitcoin. The power of bitcoin is in decentralization.
2642  Economy / Trading Discussion / Re: Understanding how the market tricks you and how to prepare against such tricks. on: August 15, 2021, 03:36:08 PM
Hmmm it’s just the thing with life, whenever you’re losing the money there will be a need for it. The advice to always invest what you can risk is an important advice to follow to save yourself from a situation like this. You can’t be pushed in any situation to sell your coins if the amount you have put in there is an amount that you wouldn’t need for anything, one you can afford to risk at any moment.

And rightfully we are meant to have emergency funds, these are the funds that are meant to save us in a situation where there is an emergency need to be solved. You can just withdraw the money from your emergency funds and solve the problem and leave the ones you have invested.

By the way, it’s also important to take profit when the price is high, if not all, at least some profit to know that you’re making progress. And we shouldn’t be relying only on crypto investment, we should have other things that we are doing to generate steady income.
2643  Economy / Economics / Re: Out of control and rising: why bitcoin has Nigeria’s government in a panic on: August 14, 2021, 08:58:08 PM
It’s clear that the government of Nigeria never understood cryptocurrency, especially bitcoin. They thought that banning it was going to do them any good, but it wasn’t. Banning cryptocurrencies never stopped Nigerians from making use of it, immediately it got banned, they all switched to making use of p2p platforms such as Binance P2P and Paxful.

Platforms like three saw major increase in their number of new users. Why this is a loss for the government is because they have ended up banning centralized exchanges and that means there wouldn’t be a way for them to keep track of cryptocurrency users, even if they wanted to, since centralized exchange were there the only way the government controls cryptocurrency. And they are also not going to be receiving taxes any longer from these platforms, so it’s kind of a loss for them.
2644  Economy / Economics / Re: Where is the value reflected? on: August 14, 2021, 08:08:06 PM
In terms of regulation, I don’t think that it is going to be easy to regulate cryptocurrency, especially bitcoin. Maybe in future it will, but right now I am not seeing the possibility of that happening, except that maybe through centralized exchanges. But not every transaction goes through centralized exchanges, there are many that are being carried out on decentralized exchanges. So, a full regulation is not going to be that possible.

As for companies accepting bitcoin as a payment method, we will get to see more of them doing this particular in time to come. But I am not the type that likes spending my bitcoins for any reason at all, I simply prefer to hold it as an investment, and sometimes I send and receive from people. The only thing I have not done is to use it in buying something online.
2645  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 13, 2021, 09:28:20 PM
If players want to use Roobet as a casino where they play, then of course they use the withdrawal feature, especially if they can make their balance increase because of winning, if withdrawal fees are an obstacle then you can choose LTC as a deposit option so you can make withdrawals with LTC, since the fee cheap compared to BTC or ETH and ETH is lower than BTC, however lowering the BTC withdrawal fee is sure to be greatly appreciated and pleasant thing for players with low balance like me.
Lightning Network is the better option, you pay less than a penny to transfer sats immediately
LN is not something that is widely used, it is a whole another place where you need to live, instead of this world, just like how we have another "chain" basically of the old bitcoin transactions when it took so much money, it is still there if anyone wants to use but then you will not be able to move your money to new bitcoin world.

Most of the new bitcoin transactions starts with 3 if I am not wrong, which was 1 back in the day, my address started with 1 for maybe 5+ years before it became 3. Same with LN, it is not there yet, it will be widely accepted when places start to widely accept it, and when every place offers that option, and people see that they are paying less than a penny and do it instantly, they will move there, who would want to stay here when that one is that cheap. However right now it is not widely adopted hence why people do not pick that.
2646  Economy / Gambling / Re: 🎲BetFury.io|🔥NEW game CRYPTOS release 🔥 |⚡️Free BTC+BNB| 📈HotBit listing on: August 13, 2021, 08:37:04 PM
I believe that not in all cases the listing fee is such an invisible and small amount that it can be paid and not noticed ... On some exchanges it is very large and many projects cannot afford such costs. 

As for the danger of abandoning the main profile of the project and turning into someone who simply has a lot of tokens, that is, a "whale" and sells them, this danger certainly exists, but I think the Betfury is not like that and it will develop in the right direction.
I remember that there was a very tiny exchange that had maybe about 2 million dollars total volume in all the pairs combined, and requested 8 bitcoins just to get listed. Think about it, this is a tiny place with only 2 million dollars volume, which is like 1% of just btc-usdt pair in many places, and they were requesting 8 bitcoins to get listed, after a while it became so hard for smaller places to get listed that I am pretty sure people stopped created "coins" because of that, I do not see too many coins getting created these days.

Of course, nowadays you can create a token, and get it listed anywhere you want, even if you are not whitelisted, you could always get it done on pancakeswap via some link and you can get it traded there (if it is cake router) or uniswap as well, all thanks to linking it the right way. So, it is really hard to get listed on Cex because they are expensive, but defi swaps are still free.
2647  Economy / Gambling / Re: Moonbet - Become the Owner of a Crypto Sportsbook & Casino on: August 13, 2021, 08:02:53 PM
As a crypto business then you would really be making considerations that KYC is really a main hated thing on this market.Majority of players here do love decentralized and anonymous kind of betting where it doesnt really need any documentations or verification before you could play which is really a turn off and if you are just starting then it would be basically be avoided on the first day
when people do find out  that they are needing KYC.Lots of competitors out there does offer seamless experience without asking anything about you.
I get that people hate KYC, but I am sure people hate unregistered possible scams even more. Think about it this way, if you have 100% guarantee that you will not be scammed and you will be definitely gambling in a proper legit place versus a place you are not 100% sure if they are legit or not but have no KYC, which place would you choose? That is the reason why the top places all are asking for KYC after a certain amount, because in the end it could be money laundering and no nation would allow that so they have to do KYC in order to appeal to those nations and make their casino a legit place.

I personally do not think that we should be really saying anything bad about places that ask for KYC. I am not saying places that do not ask it are 100% scam neither, they might just be people who dislike it, and that’s fine too, but the ones who ask are not bad at all.
2648  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: August 13, 2021, 05:32:00 AM
As some of the above posters mentioned, I don't see the need for ROO token at all. Instead, the team should focus on adding more popular cryptocurrencies as alternate payment methods which would be more beneficial than focusing on an in-house token.
I also feel the same that adding more deposit options along with btc,eth and litecoin would be more beneficial for players who face some issues related to fees with other coins as deposit option on Roobet and with list of preferable coins they can choose any but at this time options are limited.But with more casinos adding some options like TRX,XRP and some other coins they might also be adding the same soon.Hope is what we can do at best.
Most places do create their own token because it is basically a way of making insane amount of money, one place that I know of made about 2 million dollars just purely on profit from creating it, and they kept making more and more profit afterwards but it was "tiny" compared to what they did (about 10-20k per month) just from the token part, do not forget that they were still making profit from the casino but it was more like dividends from it, so it was less than what they used to make plus depends on how many people gamble and usually there are less people gambling.

Roobet is 100x bigger than all those places, if they create their own roo token that would be sold on proper exchanges (doesn't have to be cex, could be defi), I am pretty sure they will make multi million dollars, maybe even 10? So that is the thing that makes them want to do it, valid for every casino.
2649  Economy / Gambling / Re: 🎲BetFury.io|🔥NEW game CRYPTOS release 🔥 |⚡️Free BTC+BNB| 📈HotBit listing on: August 12, 2021, 08:34:33 AM
In fairness, you really accomplished a lot for the past couple of years. And up until now, the casino is attracting gamblers. It is just right to think about the listing in other markets. You can easily pay the listing fee but then what? So I do agree, that you need to think also your future with selected exchanges. This is where most projects failed, after listing, they already forgot their objectives.
Well, it didn't actually "failed" but more like changed directions to a bad path, and that is always possible for new innovations. They tried something and it was a bad thing to try, and now they are facing the consequences of that, which is understandable but at the same time we are looking at something that is going to be a bit more challenging, I understand that it will not be quick or easy, but it will definitely be something that takes a long time to recover, yes it is hard but it is doable.

I hope that they will realize their mistake and focus a lot more on the casino. Every single time a casino starts their own token, it is obvious that casino takes a step back and project becomes a token project instead of a casino project, this place should have realized that problem and do something about it, they didn't neither just like others, I hope they can fix it.
2650  Economy / Gambling / Re: 🔮 Futuur - Predict the Future! 🔮 on: August 12, 2021, 05:27:27 AM
they must have a complete details of explanation regarding this because i am too asking this same question on how does the word RESOLVED comes and from where this happen. as we Gamblers are more concern on Sites explanation in every thing that happens in question.
i have been playing in futuur since they started here but of course with limited amount and time, but one thing i noticed that they are lack in updating in which we wanted to hear more often.
this brings looking neglected in the part of bettors and same us we members here who ask the same questions .
This was an extraordinary case, normally we do not see these type of deals, specially not at Olympics for sure. We first expected a lot of gold medals from her, then she said she won't participate, then she did to only 2 things, and that is where we are right now. How do you handle something like this? Can we say that she didn't participate? We can because she withdrew from most of the things she should be winning gold medals, but we could also say that she participated because she actually did participated in a team thing as well, so we could see both sides being a bit right.

Zero gold medals for her is a huge thing, I would believe that it would definitely have a good odd. So we just have to wait and see and hope that futuur actually communicates a bit more clear about the issue and what they are going to decide but both sides are quite right so it is a bit weird and unusual.
2651  Economy / Trading Discussion / Re: Lost 17500$ during recent downswing, Now completely broke. on: August 11, 2021, 09:11:00 PM
This happened about 8 months ago guys, let it go. Dude already explained that he lost because he did 100x leverage without knowing anything about it, and that is normal. At the end of the day, if you do 100x leverage without knowing anything about the market or any research on it, then you are going to lose all of your money too, everyone will lose money, it is really nothing abnormal to lose that much money if you are doing something this silly.

I get that time to time people find this topic and they want to say how wrong it was, but even OP knew what he did was wrong, nobody in the world thinks it is smart to put all of your money into just one 100x leverage. Sometimes some people do it, even though they know it is wrong, because the upside dream of having 100k+ even 200k+ depending on the increase sounds very tempting, you could make a lot of money this way, but the downside is losing everything you own, and that is why sane people don't do it.
2652  Economy / Gambling / Re: Sportsbet.io - Main sponsor of Southampton FC on: August 11, 2021, 06:38:03 PM
Messi, Mbappe, Ramos, Hakimi, Donnarumma, Neymar, Verrati, Marquinhos...well,


Honestly the odds do not look that tempting. Winning UCL is a big big deal, Donnaruma is just a goalkeeper and he can do so much, they already had Mbappe and Neymar before this, Messi is nearly 35 years old and will play for a different team for the first time ever, all of these coming together doesn't justify 4.48, I would be very glad to gamble if it was 7 or higher but right now it looks very too tiny to gamble.

I will probably still keep going with my City guess, I keep failing for the past 3 years (didn't gamble outright before but if I did I would have probably be doing it 5 years for now) and I know they have a lesser chance, but the odds are looking better. Right now PSG looks 3.90 for champions league whereas City got to 4.50 as well, these will drop more and more when the cup continues, on the other hand Liverpool has 9.00 and I think they will be better this year with VVD back.
2653  Economy / Economics / Re: Central bank digital currency will improve the use cases and value of Bitcoin on: August 11, 2021, 03:35:01 PM
The issuance of CBDC is a huge publicity for digital currency. When CBDC is issued, many people will learn about the existence of digital currency, and thus will also know Bitcoin, a digital encrypted currency. There may be ordinary people who understand digital currency because of CBDC, but they may like to invest in Bitcoin.
It may only play a superficial propaganda role for cryptocurrencies, but the central bank and their digital currencies will never do anything for Bitcoin. They will think that cryptocurrency will threaten their projects and will be detrimental to the development of CBDC itself.
I feel like everyone in the world already knows about bitcoin, not like anyone is left in the world who didn't hear that will end up hearing about it with CBDC. I am not saying everyone is involved in crypto, they are not, mainly the older people do not join crypto because they are already either doing fine, or do not have the time for it. However even if you are a 70+ year old person who has no interest to crypto at all, you saw the news about bitcoin skyrocketing once a year on television.

It is why it is not a shock that they will see another CBDC news but that's about it, nothing will change for them, it is just something else regarding crypto that they will ignore. I think this is the max we can reach in the crypto world at this point, we will have more and more people in the future but that will be from younger people earning money, not older people earning money.
2654  Economy / Gambling / Re: 🔮 Futuur - Predict the Future! 🔮 on: August 10, 2021, 07:16:28 PM
Futuur should be more visible here in their thread so players will have more trust on their platform.
They already gained momentum before as they conducted their campaign.
Sometimes their active presence here will assure their bettors that they will not disappear.
They have unique type of betting system that's why they have the advantage from other sportsbooks or betting platforms.
I hope they will use their advantage to attract more bettors in this community. Maybe run some contests to revive the interest.
The most common mistake that bitcointalk forum members make is that we think of this place as the only place, we should be considering this place as a tiny place that casinos have to look at and not the main one.

If you are as huge as stake/primedice and you had your starts here, then obviously you will be here and you will chat here and you will do marketing here (like signatures) because it is both beneficial for you to keep reminding people you are great (like coca cola still doing ads, we all know what it is, we already made our minds about it, but they still do ads) but also they are huge enough to make that worth it.

When you are a small place then you do not prioritize bitcointalk, I have done a whole marketing campaign for a project with 3+ million dollars invested and we basically never used this place at all, I used telegram, twitter and other projects partnership and we got 3+ million dollars invested, I can do that any day of the year, it is quite simple, all you need is money and they had money.

This was of course nearly 2 years ago, it was after the 2017 peak and during 2018 crash, if I did it recently I would have probably reach bigger, you need like 100k for it and you will get 3+ million back, without bitcointalk at all.
2655  Economy / Gambling / Re: Moonbet - Become the Owner of a Crypto Sportsbook & Casino on: August 10, 2021, 06:24:23 PM
We completely understand the reservations about KYC with a new/unknown website.

We will be listing Moonbet within the next week! We have already signed the listing agreement and are just waiting for all the final details to completed before we make the announcement with the exchange.

I would suggest joining us at t.me/moonbetofficial for the announcement.
You do not have to worry about KYC requests if you do get listed and registered in a proper place. If the law requires you to ask for it, then you have to ask for it and there is nothing you can do about it. I personally do not like to give my KYC to everywhere neither, but it depends on what we are talking about, in this case if I see a place registered in a proper nation, or a place then I am feeling a lot better about it, I have seen places registered in first world nations for example, in that case it is stupid not to share your KYC for me.

Look at binance, there are very few people who do not give their KYC and they are not even properly registered somewhere, so when you get big enough everyone comes knocking on your door to get registered. Basically all I am saying is that you have to be a proper place to get KYC requirement liked instead of disliked, it is not about KYC itself, it is about where you are sharing it.
2656  Alternate cryptocurrencies / Altcoin Discussion / Re: Taking Profits on Altcoins Strategy on: August 10, 2021, 05:38:13 PM
Hmmm, the things you have said here are good moves to make in an investment like this. There is nothing wrong with investing in real estate, if you have enough funds to invest, then it wouldn’t be bad to take out a part of that money and invest in real estate. Real estate is like one of the best investments you’re going to make these days. So, that’s a yes. Keep part of the money for investing in cryptocurrency, while the rest goes towards the real estate investment.

When the market is bullish you can hold your cryptocurrency and when you feel you have made enough profit, it’s best to pull out and wait for the right time when the market will crash. It wouldn’t be bad to invest back into cryptocurrency with the money. Even at a stable time like this, cryptocurrencies like BTC and ETH can make you enough profit in a month than you will get from those BlockFi.
2657  Alternate cryptocurrencies / Altcoin Discussion / Re: How will Ethereum survive without Vitalik? on: August 10, 2021, 04:48:42 PM
For sure, Vitalik being there plays an important role in the Ethereum community. But let’s assume that he decides to leave tomorrow and leave Ethereum for the rest of the team, I think that Ethereum will still be able to survive. Take for example, when Satoshi left the cryptocurrency community, a lot of people must have felt that it was over, but the community still continued and it never failed till today.

So Vitalik is going to leave as well, I believe he must have trained a lot of people who are as good as he is and they will be ready to take in case he should decide to leave. And one thing that matters the most is that community remains there, that’s what keeps it going. And in the case of Vitalik its going to be different from Satoshi, because he’s still going to be there to guide them. It’s not going to be like Satoshi that is hiding his identity.
2658  Economy / Speculation / Re: People are panic buying right now! on: August 09, 2021, 08:28:27 PM
This is not "panic" buying, this is just a hype, it happens all the time in the crypto world, we see these kind of increases at all times. I have seen it a million times before when the price of a coin goes up, people end up buying even more of it and it continues to go up. However do not believe for one second that this will be forever, it will eventually be going down again, we have seen 4k in march of 2020 and seen 64k in may of 2021, nearly a year difference and 16x increase, did that kept going up? Of course not, eventually it started to go down and the price was under 30k just a few weeks ago.

This is basically what we should be looking at, just the fact that bitcoin price is going up right now should not make us happy and forget about the falls, we should be focusing on what could happen. I personally hope for the best, but I am getting ready for the worst as well.
2659  Economy / Gambling discussion / Re: Blockchain casino Vs Traditional casino on: August 09, 2021, 08:11:34 PM
The thing about crypto casinos is that everything can start one, in a traditional casino setup you need so much money, even the machines itself would be a lot of money for some people, and the land you own or rent is another huuuuge entry point, basically the capital requirement for starting even the tiniest place could set you back as much as 100k and probably few million dollars if you want a semi-decent small place. Whereas in crypto world I can start a new casino, with just dice, for under $100 and it wouldn't even take that long to build it.

So, simply all I have to say is that we are in a situation where everyone can start a blockchain casino and that is why they are looking down on by so many, whereas blockchain casinos actually make a lot more money, because the costs are a lot less so they are capable of spending a lot more money.
2660  Economy / Speculation / Re: fomoulation: the age of green dildos is upon us on: August 09, 2021, 07:45:16 PM
45-46 thousand dollars is a big deal, but it is also a risky level, if we can continue to go up, that means 50k+ will be piece of cake, there isn't much resistance between 47k to 50k+ for example, so if it reaches over 47k then it means it will probably reach over 50k as well. These type of small details matter a lot, and with every single move we are getting ready for a bigger move.

However same goes for under 42k as well, if we go under that level, the support is quite weak, incredibly weak even, all the way to 30k there is absolutely nothing that can keep the price high, and it will keep going down. Only way to prevent that would be to stay around these prices for longer and longer so that we can establish the strong price at these points. In the end we need time, that's all we need for both directions, as long as we have time then we can know more about the future.
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