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2641  Bitcoin / Bitcoin Discussion / Re: What bitcoin adoption really is. on: July 29, 2020, 08:12:10 PM
Bitcoin has unique properties that no other asset has, I believe that these properties are the real value of bitcoin. Bitcoin does not need to be backed by anything except its properties. I believe that the main bitcoin purpose is a store of value. Many people say that bitcoin is not used as a medium of exchange and that's true, it's not convenient to use it because transactions are slow and fees are high for small purchases. People don't use bitcoin to buy stuff, people use fiat because it's more convenient, right? We have so many really good mediums of exchange, does bitcoin need to be one of them and compete with them? Hell no.

Let's look at bitcoin from a store of value perspective. How would a new store of value adoption look like? What is the measure of it?
Just two things:
1. Accessibility, convenience of buying and selling bitcoin.
2. Level of people's trust (most important)

More people believe that bitcoin has value, more valuable it becomes; that's a simple rule of a store of value. So, bitcoin adoption is in level of people's trust. The higher level of trust bitcoin has, more adopted it is. I think while bitcoin keeps its properties, it will earn people's trust and become more and more valuable. In 20 years, no one will ever doubt that it has value and the exchange rate will reflect it.


When we are talking about how useful it is for buying/selling stuffs , we have to first think if the network is equipped enough to handle these kinds of transactions , we are not at that level right now that we will be able to use lightning network without being scared for the funds since it's not that safe.

In the meanwhile we will see some upgradations in the future too , the network will improve and we might have a system where we might be using Bitcoins in day to day activities .

But right now the main focus is Investment. Which depends upon the stability of Bitcoins and what it can offer that other cryptocurrencies cannot.

We have a cutthroat competition out in the market like ETH there it might be technically superior but at the same time Bitcoins is old and trusted by millions , it started the whole thing and it's not much about the competition as it's about the symbiotic relationship the coins have in the market , one coin very easily escalates the price of other because of the trading pairs.

So right now we need to have :

1. Good investment plans coming in the future related to Bitcoins
2. Possibility of options in the market related to interest rates in terms of Bitcoins given by a good trusted company
3. Legal issues being handled by a team so that we don't have any unfair war against the Government
4. Rights for the miners !!
This is very important what I realize is in most countries the government can very easily take over the Mining farms this would actually mean they are trying to dominate the Bitcoins .

2642  Economy / Gambling discussion / Re: Record Revenue for Blockchain Gaming Company During Pandemic on: July 29, 2020, 06:55:03 PM
Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown.

Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported unaudited revenue for the first four months of 2020 of $7.34 million amid the COVID-19 pandemic.

The first quarter was Animoca Brands’ strongest on record with $4.33 million in revenue, followed by a record month with $3 million during April.

Animoca Brands held $6.08 million in fiat and crypto assets at the end of April. Roughly $770,000 of the company’s holdings comprised Bitcoin (BTC) and Ether (ETH), alongside $1.12 million in various altcoins.

Animoca attributed the increase in its crypto holdings to successful sales involving non-fungible tokens (NFTs) for its titles The Sandbox, F1 Delta Time, and Crazy Defense Heroes.

The experts think that the coronavirus lockdown has fostered a “change in behavior” among many new and ‘born-again’ gamers that will last into the longer-term — with gaming becoming a cornerstone of their entertainment-seeking rituals.

How do you think about this? Did you start playing blockchain games at home because of isolation?

Quote

-To stay safe during the time of the Pandemic the online Gambling is a safe heaven .
Going on the normal gambling sites is also a good option but with Crypto gambling it provides us with.
_better options
_variety
_more privacy
_no KYC and such things
Plus even before the pandemic these sites have been operating very well therefore there are some people who are just discovering them right now.
-It does have many advantages as compared to the normal time therefore this was bound to happen sooner or later , this would have made the crypto adoption a little easier for the Fiat gamblers .

*At the same time there have been a rise in the number of companies who are opting for the online Gambling sites , they are even including the cryptocurrencies in them.

*This would mean even in the future the crypto market will be seen as a good thing well at least by the gamblers !!

*Increase in revenue will mean that the company will continue to use cryptos , plus even the Government might be benefited this way .
2643  Economy / Gambling discussion / Re: how to win at casino on: July 29, 2020, 06:10:59 PM
hi guys how does one win when playing in casino? is there a strategy that u use in order to win, or do u just randomly make decisions when you play. also how do u determine when to cash out or deposit more money
The thing is , there is nothing like winning at a casino , when you got to one , you understand that there are so many games that you can use but only a few that rely majorly on the skills .

I would suggest you to first learn Black jack and other games like this , then :

Gain some experience
Don't make big bets suddenly
Make small small bets till you are confident.

Make sure you play slots but just for the fun of it .

Don't play penny slots , even though they might have a very good amount , the chances of winning in penny slots are very less .

Dollar ones are better as compared to the Penny slots, they have higher chances of winning .
*_*_*_*_*_*_*_*_*_*_*

Therefore I do you to actually win in a casino as you said , you need to have a lot of experience .

2644  Economy / Gambling discussion / Re: ESPN Global to launch The Future of E-sports: Online Gaming + Blockchain on: July 29, 2020, 08:59:46 AM
I saw this press release:

ESPN Global to launch The Future of E-sports – The Perfect Pairing Of Online Gaming and Blockchain

Quote
London, U.K. : E-Sports Programming Network (ESPN Global) recently integrated online gaming with Blockchain technology. It is a unique Blockchain based gaming revolution, wherein you can win cash by winning battles and tournaments. With their premium membership, one gets priority access to slots, and super early access to the most sought after games. The platform is under pre-launch phase and later will allow players to make deposits and withdrawals using bitcoin and other variety of crypto-currencies.

Crypto-currency payment specialists "Cryptopay" is being used by ESPN Global, to make the process a lot simpler, swift and secure.

As for ESPN Global, it is the mobile e-Sports platform based in UK. It is run by ESPN Global Corporation Ltd., headquartered in Poland. It offers some of the most popular games in one application. It is a format where users choose a game and can join a group of participants. Users can compete with each other in real time and winner is announced on the basis of highest score.

“As per a research done by 3EA Limited, a global strategic management consulting group, e-sports and online gaming is a $140 billion global industry driven predominantly by digital micro-transaction economies, which we believe will benefit immensely from the integrity and resilience of the Blockchain technology," said Mr. Chris Parker, one of the Directors of ESPN Global. With the Blockchain system, you can verify and support extreme levels of simple transactions without the need for a centralized platform, and this is what industries are seeing as the most attractive feature.

Apart from this, ESPN Global is also integrating the recently launched game Satoshi’s Treasure. This game is based on Blockchain, and is named after Satoshi Nakamoto, the father of bitcoin. As per Mr. Parker, “With this $1 million puzzle game Satoshi's Treasure, we are promising a bounty-laden bitcoin wallet whose keys will be divided into 1,000 fragments, spawning a global hunt for the prize pieces.”

In further conversation with Mr. Parker, he told us about the future planning of this incorporation. He said "Apart from further advancement in our application and integration of more exciting Blockchain based games, our Incorporation is intended to launch IEO (Initial Exchange Offering) of our own SGT (Smart Gaming Token) based on ERC-20 platform, once we built a good E-sport community. From the day we start our operations, we will be giving airdrops of SGTs to all registered players as a gift. Not only this, all players who will loose money by participating in any games or tournaments, their losses will be covered by our corporation and their ERC wallets will be credited with our SGT airdrops which will be equivalent to their losses.”

As per ESPN Global, the current valuation of SGT airdrop is $0.001, which will increase with time as our community grows.

For their premium members, ESPN provides 2X SGTs against the amount of super-contest. This means one can get back every penny one has invested and this can be used to bet and earn more. Also, they said that if their premium members lose a game, he will get back his initial investment in the form of SGT airdrops.

A user also gets a referral bonus for every player joining through their referral link. All earnings can be directly encashed.

The company also announced the launch of Game Developers Console by January, 2022 where Gaming Studios and Independent Game Developers across the globe can launch their games on the platform. Interesting gaming experiences to look out for, indeed.

https://pressat.co.uk/releases/espn-global-to-launch-the-future-of-e-sports-the-perfect-pairing-of-online-gaming-and-blockchain-9165b38bc9a25b4b74d0ef2e73356f4d/

So it seems that another multi national sports companies are entering the picture and taking online gaming to the next level but this kind of offering. I think this will be great for online gaming and it could bring closer to mass adoption.

What do you guys think?

Online Gambling is already in the way of mass adoption since there are no physical casinos open right now and therefore people are exploring their options , there are some people who are just discovering the benefits of crypto related casinos , added privacy and more variation , there are number of sites that they can try , when these companies are coming in the race , we have to understand that there is cut throat competition now a days , most of the online Gambling casinos don't work as you would expect them to , it's all about :
Stability
Trust
Privacy
Reliability
How many years they are in the game
Preference
Etc...
Therefore they might have to wait a while to attract customers and such . But this is no doubt a good start since they are already trusted by a number of people.
2645  Economy / Gambling discussion / Re: Vietnam bursts an illegal casino who used to handle bets worth $3 billions on: July 29, 2020, 07:16:38 AM
Vietnam authorities are claiming to burst an online casino that used to handle bets worth $3 billion, and what’s surprising is despite getting such huge volumes the casino owner never felt the need to get his casino registered and operate legally.

Further he had deployed a very clever strategy where he had hired people to lure gamblers out, and then he used to pay those people fixed commissions for every deposits the gambler made through them.

Lastly I would request you’ll to wager only on reputed casinos, and check their history before you wager otherwise you may end up loosing your funds to fraudulent online casinos.

Sources:

https://calvinayre.com/2020/05/31/business/vietnam-biggest-ever-online-gambling-bust/

https://www.gamblingsites.com/online-casino/safe/ (Ignore those banners and links, but read those pointers)

Another thing :
When you receive messages from sites and email and stuff , which gives you ridiculous claims and starts from :
Hello Dear , this is 0% professional , this is a SCAM! You should understand that you should never go on these sites and even give your personal information.
Even if they call them it's not supposed to work that way ! A reputed site does not have that much time to actually call each and every person they might think will play bets .

For example this is a message received few days back:
Quote

Congratulations Dear,

Get Rs. 2000 Welcome Bonus.



Play Rummy Now & Win Cash



Register For Free ua9.me/clb0qn



To Optout : SMS "OPTOUT" to 575758


Someone tell these scammers that professional companies don't use DEAR!!!

*_*_*_*

Review the sites that you are using , sites like BTCGOSU the one am working for have reviews about the sites and such .

Don't ever think about making money , think about being safe first.
2646  Economy / Gambling discussion / Should there be any age limit of Gambling? on: July 28, 2020, 09:10:35 PM
Since we were kids we used to make bets , as for me even a small Race or a big project meant a bet between friends, then as I grew up, I realized that it's more of a Sports .

At the same time unfortunately the country I belong to does have a strong ban on Gambling , STILL , I see old Grandpas , Dad's , uncle's playing Poker outside with an amazing set-up.

Crypto Gambling is a whole new level , there are so many games , it have revolutionised the gambling industry in a whole different way , This provides Privacy and Variation that is much needed.

It's much safer and at the same time I do think there are amazing offers out there even for first time customers and the referrals , this is the new era.

There is one important question we have to ask:

What age does categorize a person to be mature enough to Gamble ?

-18?
-21?

Does the age even hold a meaning? Should it be regulated ? Since Crypto gambling sites have to be super private and therefore regulating the age is a big factor.

Should steps be taken to take care that we don't being up a generation of addictive gamblers or it's all good ?

[Something fun I want to share: My Private Tutor who was supposed to teach me and 10 other kids , used to have a small illegal business of Gambling on Sports and every Match was betting time , parents apparently did not know anything about it 😂] <Is the ban even necessary, people will still do what they want to do>
2647  Bitcoin / Bitcoin Discussion / Re: Tracing Newly-Minted Bitcoins? on: July 28, 2020, 03:57:15 PM
When a miner gets paid his/her share of the BTC block reward, coins are often freshly-minted on the Blockchain (virgin). I've done some "digging" on Bitcoin public blockchain ledger via a block explorer, and it seems that newly-minted coins don't leave much of a trace on the Blockchain other than being linked to a single address. If miners are smart, they could choose to mine new Bitcoin on different addresses to prevent traceability. Maybe I'm wrong and newly-generated coins (Coinbase) are traceable just like any ordinary transaction on the BTC blockchain? I mean, what's the difference between freshly-mined coins and those sent by a person on the blockchain privacy-wise?

If the origin of newly-minted coins cannot be properly traced, then this could open a whole new world of possibilities. It might be able to achieve privacy on Bitcoin by mining new coins, and saving them on separate public addresses on the Blockchain. Anyone who doesn't want to go through a centralized exchange to acquire BTC, can simply mine the coin himself avoiding KYC/AML altogether. Thoughts? Huh

When you mine Bitcoins , they will straight away be divided into the miners involved in solving the particular code , now those Bitcoins have No transaction History. At the same time according to a source , these Bitcoins can be sold for 10-20% more , since they are very hard to trace. Even people with fishy activities wants these So called Virgin coins .

According to a source , Chinese Miners do sell these Bitcoins with a comparatively higher price , that inturn ensures super Privacy for those people who attain them.

https://news.bitcoin.com/industry-execs-freshly-minted-virgin-bitcoins/
" According to this source these newly mined Bitcoins cannot be traced ! Contrary to what I see many people posting how they can be.

To trace something at least you would need the transaction history , which is impossible in this case.
2648  Economy / Gambling discussion / Re: Space Race Wagers? on: July 28, 2020, 09:09:03 AM
China just recently launched it's second attempted mission to Mars.  The Tianwen-1 mission should reach Mars in early 2021, after a 7-month journey.  Their not alone, the UAE also launched a mission to mission to Mars, the EMM-HOPE.

I haven't heard much about the Emirates' space program, but I've heard of the Chinese's a few times.  So it got me thinking about if they're going to actually make it this time.  And whether the UAE's ship will make it too.  I'm not a gambler, so I'm only wondering out of curiosity.  What do the odds maker's think?

Considering how NASA is training people to colonize MARS at the same time how people are trying to buy the land on Mars , at the same time India also launched the Mars rover in the past and took care of the cost Efficiently , I do think with all this *Settle on Mars* thing , most countries will try and get to Mars as soon as they can .

I do think China is gonna do that 100% , maybe not this year but years ahead .

Due to coronavirus their intentions might slow down but at the same time I think even the small countries will try and contribute, maybe try and do it together.

- But considering waging on the Space Stuff might as well mean waging on the country itself , how sure you are about the country's system ?
Do you believe they might actually do it ?

*I myself this The US have an advantage over this ofcourse*
NASA is no joke.

I won't myself pick China 🙄
2649  Economy / Gambling discussion / Re: The difference between a true Crypto gambling site and a Fiat/Crypto site.. on: July 28, 2020, 07:55:16 AM
I noticed a kind of trend these days, with a lot of Fiat online casinos, starting to offer Crypto currencies. The problem with these casinos are that they are not really Crypto gambling sites. Let's take the Slots for instance... Your normal Fiat online gambling sites will never offer bets smaller than say $0.10 per bet.... but the true Crypto gambling sites will offer bets for a fraction of a cent. (Stake.com original games for instance makes true use of Crypto micro bets and also sites like Freebitco.in)

The other sites will take your Crypto currencies, but they will still use Fiat values as a guideline to determine the minimum bet... this does not make full use of one of the best aspects of Crypto currencies... which is micro payments.

Can anyone in the gambling industry explain to us, why this is done? Do you have to pay high royalties to the third party developers for these games and/or are you afraid that Fiat customers would start playing with Crypto currencies, if you allowed smaller minimum bets for Crypto customers?

I understand where you are coming from but at the same time there are sites which allows you to evaluate your bets in cryptocurrencies like Bitcoins I do think the reason some of the sites prefer doing it in terms of Fiat , is :

Generally the value of cryptocurrencies are volatile and this way they can tell the concerned person to actually evaluate the amount they are betting at that moment.

At the same time sometimes people tend to forget that even 0.005 BTC is a big amount , doing this might help them see the value of that and this way they will be serious and at the same time can take steps accordingly.

There are people who try the Crypto gambling for the first time and such therefore it might just Crater to a big audience.


*_*_*_*_*_*_*_*

2650  Economy / Gambling discussion / Re: Are there any successful and relatively new casinos? on: July 28, 2020, 05:36:31 AM
I've been on this forum long enough to see perhaps hundreds of casinos come and go. They keep appearing and dying shortly afterward all the time, and I wonder why people still take such a high risk of opening a casino when there is a close to 100% chance your casino will fail. This got me thinking about popular casinos. Of course, we all know the names. But they are usually years old, not anything from 2019-2020. The one exception is Stake.com, but I wouldn't count it as an example of a new casino appearing out of nowhere and attracting gamblers because it did not come out of nowhere (it's owned by Primedice). Is it just me or are there virtually no recent casinos that got popular? Or can you name some examples? And in general, do you think new casinos appearing in 2020 stand a chance against those with solid reputation and long time on the market?

I do think the new casinos are not much needed since at the end of the day they are competing against the whole body and the previous casinos are allowed to make adjustments in the site.

At the same time they can collaborate with the old casino sites and set up something new , maybe give them a justified revenue for coding your games on their site .

At the same time I have seen some good casinos that came in 2020 , but at the same time I do think it's too soon to say anything before its being used and therefore I believe we should wait a little before making any judgements.

At the same time there are casinos which were offline but now went online during the pandemic , they might be able to hold in their old customers .

People tend to prefer the old casinos because they are
Tested
Relaible
Strong
Have scope of upgradation
Trust
2651  Bitcoin / Bitcoin Discussion / Re: Coinbase CEO Says Bitcoin and Cryptocurrency Must Evolve to Reach Mass Adoption on: July 28, 2020, 05:24:50 AM
Coinbase CEO Says Bitcoin and Cryptocurrency Must Evolve to Reach Mass Adoption & other BTC news

Check it out: https://www.youtube.com/watch?v=bgm7-E3hrHg&feature=youtu.be

Coinbase CEO Brian Armstrong thinks Bitcoin and crypto must evolve and become easier to use before widespread adoption can take place.

In a new interview with Peter McCormack, the host of the What Bitcoin Did podcast, Armstrong, who co-founded the leading US crypto exchange, says BTC needs to follow the internet’s lead in terms of usability.

“We have not taken any unnecessary risks with [Bitcoin], and we have ensured that it is going to probably survive the test of time as the gold standard, and we may find other solutions with scalability with layer two. I guess the other way to look at it is, ‘What would have happened if we had found a way to safely scale it?’ Maybe we would not have had a need for some of these other chains that have come up and divided focus.

The Cryptocurrency Portal
https://www.thecryptocurrencyportal.com


I do think the man meant that we should start using Bitcoins and other cryptocurrencies for :-
Buying/selling
Normalizing it just like Fiat and having the option of paying in cryptocurrencies available.
But for that I do think we have to solve many problems first:
-We have to upgrade the lightning network
-We have to do something about the fee
-We need to form a body to tackle the issues which are always being presented by the Government and such , so that we can have a legalized body for fighting those accusations
-Maybe next time you go out for coffee and food , try asking them if you can pay in Bitcoins , they might now have that available yet but for the future the employee can tell the manager and to improve the business the manager can make sure we have some payment strategy like that.

-*-*-*-*-*-*-*-*-*-

But for most I do think I am really happy with the investment part of Bitcoins. , Trading and Holding are wonderful options and gives you opportunity to safely hold your assets , plus you don't loose as long as you don't encash .
2652  Bitcoin / Bitcoin Discussion / Re: We Are All Satoshi on: July 27, 2020, 05:48:16 PM
Sharing my latest Artwork with the Bitcoin Forum first, before anywhere else. I hope you enjoy it.

Title: WE ARE ALL SATOSHI

To this day, Newsweek and Leah Goodman have yet to issue a retraction regarding their article, The Face Behind Bitcoin, which they still claim is Dorian Nakamoto. 





I do think we have to understand that , the fact that the creator did not want us to know about him was actually because *Satoshi is not a real person , it's an idea , it's an escape from the corruption, from the government oppression , it's freedom from the middle man , freedom of choice , freedom of keeping something that is truly yours and at the same time it does what you make out of it , it provides you with many amazing opportunities to trade , to earn , to expand your business internationally at the same time it does provide you with power to control what happens with your Currency , unlike the stock market , no one's stopping you , you don't have a certain amount of time , this way you can make profit , you can even loose a lot of money but at the end of the day you will be responsible , not someone else.*

It's not a name , it's a idea.

2653  Economy / Economics / Re: Doing an essay on Bitcoin, need ideas on: July 27, 2020, 05:20:02 PM
Hey there everyone, I'm currently finishing my diploma and have to hand in my Extended essay. My topic is going to be Bitcoin(Comp. science) , although it seemed like a good idea at start , the topic seems to be quite too narrow. I have to research about Bitcoin, what part of it should I do the research on?
Thanks in advance for the answer

What I have been taught by my teachers is :
An essay can change the way the person perceives a thing , even change the whole world if done right.

I do think when you are going to start writing an essay on *Bitcoins* you need to understand that Media never does Justice to the cryptocurrencies.

If I was in your shoes I would start something like this:
-What is blockchain and when was the idea first conceived?
-How did Mr. Satoshi Use this idea ?
-What is Bitcoins ?
-What are the advantages of using Bitcoins ?
-Why does it give us a break from corruption ?
-How it can completely eradicate the middle man ?
-What are the ways that people can earn using Bitcoins ?
-What are ICO's? How did Bitcoins create a whole new era where we have 100's of cryptocurrencies
-Why does even the Government want to make their own cryptocurrencies? Should they even be called cryptocurrencies?
-Possibility of growth in the future, why we should own at least a little of them ?

*_*

I think you get the idea , just make a bulletin with questions like these and then elaborate them .

Do share your opinions on every matter since every essay is different. As different as their author.
2654  Economy / Gambling discussion / Re: Sports betting biggest winners. on: July 27, 2020, 04:12:03 PM
These humans are wonderfully blessed with both
Luck
Skills
When we are talking about sports Betting biggest winners I do think we shot remember that without losers there won't be any winners out there , therefore I do think I will list out the biggest and most notorious losses:

1. Vegas Dave *cup cake* loss - 1 million
2. Michael Jordan - 1.2 million
3. Steven Richards - The man who lose whatever he won And whatever he had
4. Birdman - 1 million
5. Mathew Webb - 10,000$ in 1883

https://www.sportsbettingdime.com/guides/articles/most-famous-sports-betting-losses-history/
2655  Bitcoin / Bitcoin Discussion / Re: Russia legalizing Bitcoin and cryptos but not allowed as payment method? on: July 27, 2020, 06:53:47 AM
There is one thing to keep in mind :

The Russian Government understood the fact that Bitcoins is going to stay here for a long time and if they keep doing this , ignoring the existence and banning it for the long run , at the end of the day they will be two steps backward from everyone else.

Therefore they legalised the cryptocurrencies. First they weren't even sure about legalizing it , give them time. Given the right opportunities I do think soon enough the people will privately try using Bitcoins as a payment and grow their business in the shadows and Government might display fine or even KYC .

It is a good news for the time being.

ICO's and startups needs a good platform this it's very essential that they try and think about the impact it will have on people , the opportunities they will get therefore let's wait and see how it turns out.

Let's see the timeline:

https://www.crypto-news-flash.com/russia-new-law-foresees-total-ban-of-bitcoin-and-cryptocurrencies/

https://news.bitcoin.com/russian-ministry-slams-bill-to-ban-crypto-easy-to-bypass-creates-black-market/

https://news.bitcoin.com/russia-law-criminalizes-buying-bitcoin-7-years-jail/
2656  Economy / Gambling discussion / Re: What's your favorite crypto for gambling? on: July 26, 2020, 08:16:05 PM
There are many smart contract platforms out there on the market each with their unique features and use cases for the mainstream world. There are many exciting gambling dApps out there on the Blockchain, that are too hard to ignore these days. Personally, I find myself to be quite fond of Ethereum with its ever-growing library of lotteries and decentralized online casinos. But I greatly dislike the high fees and slow transaction throughput on the ETH blockchain. I have tested both TRON and EOS, and they're far superior than ETH in this sense. While they're not as decentralized as ETH, they certainly provide convenience to everyday gamblers like you and me.

Among the various cryptocurrencies and smart contract platforms available on the market, there's a "taste" for every gambler in the industry. Bitcoin is the most widely accepted cryptocurrency for gambling, followed by Ethereum and its competitors. But I believe cryptocurrencies that are fast and cheaper to use, will gain a huge advantage over others in the decentralized gambling industry.

What's your favorite crypto for gambling? Why did you choose it? Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh

My favorite Cryptocurrency for Gambling is : Bitcoins

Reasons for the choice :

1. More diversity
2. Can choose from a variety of sites
3. Most online crypto casinos actually have Bitcoins 110%
4. Sending and receiving fee is actually very high and therefore sometimes I just make sure the deposit is good enough for a couple of weeks
5. You even get huge bonuses when it comes to crypto related casinos especially ones dependent on Bitcoins
6. I don't like exchanging btc- other cryptocurrencies every now and then at the end of the day you have to pay a considerable fee for every step.
2657  Economy / Economics / Re: Europe’s economy is moving faster than US economy - Covid-19 effect!!! on: July 26, 2020, 01:26:49 PM
I don’t know about you’ll but it’s been many year’s since I last heard, that Europe’s economy was moving faster than US economy, but thanks to Covid-19 times have changed and Europe’s economy is speeding ahead. Further if US doesn’t stop the spread of Covid, and reopen soon then they may find their economy lagging behind Europe for a long period of time. Lastly what kind of impact will this have for the world?, as we have always looked up to US and it’s $, so do you’ll believe that Europe’s € can make a comeback and replace the $ in the long run?.

Quote

The euro area economy is for once set for a sprightlier recovery from crisis than the U.S., thanks to starkly different responses to the coronavirus. America’s failure to get a grip on the pandemic is putting the brakes on its rebound compared with Europe, where many former virus hot spots managed to resume economic activity without causing a similar surge in infections.


Source:

https://www.bloombergquint.com/global-economics/europe-s-economy-set-to-outpace-u-s-in-upending-of-past-roles

1. The breakthrough was actually the successful completion of COVID-19 vaccine from Oxford university, the scientists alone became millionaires , now due to the production of vaccine , they will be able to earn a lot through other countries.

- There have also been reports of China stealing data of Europe and US regarding the vaccination and treatment of the virus .

2. US failed in handling the Corona virus , I do think the economy they are showing right now is like a bubble which will burst very soon , the volume is fake and local businesses are failing , they cannot even control and listen to the demand of the people . Upcoming elections probably will see a upturn .


https://www.bbc.com/news/uk-53469839
-News when the vaccination triggered response
(P.S. even though the vaccination have side effects and can be dangerous it's still a very big breakthrough and we can soon see it being demanded by a lot of countries soon )
2658  Economy / Economics / Re: Business / private sector is dead on: July 26, 2020, 09:33:39 AM
Business  / private sector is dead

As a freelancer in 2 months i got 4 clients only ... in my area 4 clients it's like your biz is dead... no matter how much you try to do marketing/advertising it just does not work ...
I look at other peoples businesses same situation ...

High Tech,Web Development,Web design ,Mobile Development ,Marketing,Blockchain development,Dapps,Web Hosting is dead from what i see


I got friends taxi drivers same situation they are just sitting in the taxi and some day zero clients ,barber shops the same they are sitting around all day smoking ... anything that seems a "luxury good" people don't touch this days.

The only thing people are buying is basic necessities ... oh also food and cigarette prices went up again ...

It's a f nightmare ...those that have billions of USD under the mattress better start investing soon ,or that money will be good only as toilet paper ...

Economy i love it ...

Most of the private owned business which are concerned with transportation are dead and people are suffering huge loss , my own father had to sell his business because since the pandemic it wasn't allowed to function and even now it's so tight that people barely use them at all.

The government promises to provide explanation and huge help for the small businesses but at the end of the day it never reached the smaller sector .

Stimulus bills are for the rich and wealthy nations where the Government can afford to provide money to the people in need , for the small countries people have to fend for themselves and most of the companies who are still working are giving 50% less salary to the people who are joining fresh .

It does not matter what is stated on the internet , what matters is what do people experience when they go out in public looking for jobs , the media does not give a fair word out in the public.

I do understand this because I have seen my father struggle during the Pandemic , this is why I support cryptocurrencies since even in this time we do have a way to earn internationally , Students can even do part time jobs here , signature campaigns are still working and this is the kind of governance we need .

-°-

Hopefully the Government will understand their shortcomings and then try and help people for real , provide them jobs , don't give them money every once in a while~

Expand your local business and support the local sellers , be self sufficient this way you will be able to employee people at the same time make the economy grow .
2659  Economy / Gambling discussion / Re: How fair is Provably Fair? Do you verify every bet as a gambler? on: July 26, 2020, 07:51:07 AM
A very helpful article for all the people who did not know about these things plus I also learned a thing or two from it . Thank you for investing your time in writing this out. I would for sure try and use it . 

Other than that I do think it's important to :

1. Use a super Trusted client
    You can read Google reviews , you can read the reviews on the board , you can even check how genuine the website it , look for scams that might be connected then only you should place a bet on the site.
     There are sites which are dedicated to actually mention the names of the Trusted websites for gambling and remember this one site be better for placing bets on cricket does not mean they will have a wide variety of online games.

2. Always make sure to check the sites which are involved in the signature campaigns and such , most of them are genuine and they start off great and some of them even give start bonus for the new people.
Even provide you with referral benefits , this way you can save up and also sometimes get free bets.

3. I sometimes make sure to check if the website I am using does have a fairness meter or something of that type , since this shows how much those people care about to provide explanation for the people who might be using them.

Some associations are also providing COVID-19 helpline and such in respect to Gambling , kudos to them.


For some small games it's practically impossible for me to sometimes check every bet especially if it's not that significant therefore this time I might try and keep this into account.

Thank you Smiley
2660  Bitcoin / Bitcoin Discussion / Re: Why do hackers steal huge amounts of bitcoins? on: July 25, 2020, 08:17:11 PM
I was reading about Cashaa, that was hacked and 336BTC were stolen. But the hacker can't move them right? He will leave footprints. So why should hackers steal them since they can be found? For example if they want to convert them to fiat.

The only way I think you could get by from this felony is to keep them on very long term. So long that it may be forgotten. But still, it may.

Few things to keep in mind :

1. They can use wallets which do not need KYC
2. Use mixing services
3. Make many loops which would make it difficult to track
4. Most Governments won't bother with Bitcoins much and send you a warning how you shouldn't have used it , but there are Countries where now they are a protected assets
5. People even use Bitcoin ATM's to scam people which makes it way harder to track .

It's not difficult but it's hard plus most people employed by the government needs to be efficient in tracking down the cryptocurrencies and such , therefore it does have many downsides .

Plus people think that they are super private but privacy does depend on number of factors like your wallet company, from where and how you are receiving or sending , is KYC necessary ? There are many factors to consider.
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