However, is this even possible? What would a Russian do in this situation? Are they able to just transfer their Rubles to exchange, purchase Bitcoin, and then transfer it to a wallet?
Since Russia banks are out of SWIFT, Russians will not be able to transfer their rubles to most of the exchanges, hence I think that they don't have much of other choices than finding other individuals inside Russia willing to sell Bitcoin for RUR. And, if so, is it attainable? Will someone who has worked their entire lives and saved money for their family's future trust a strange technique to transfer that money to a USB stick?
Bitcoin price has quite a history of going up and down. One needs to have been reading and trusting Bitcoin for long term - the past charts show that for minimum 4 years it was usually a good investment. But right now? No. One may need to access the money "tomorrow". Also, as I said, it won't be easy to find sellers. Right now Russians would better exchange their fiat in any other currency. But I think that they've already missed that train too... PS. Keeping the private keys/seed on an USB stick is unsafe. Paper or steel are better, usually kept in multiple places. You came up with the ultimate irony, that there is currently little means for Russians to do this even if they wanted to right now. I'm not sure what Russian cryptocurrency exchanges are active but with Visa and MasterCard now banning their transactions it leaves few methods to fund bitcoin purchases. Besides that, Russians are more used to storing their wealth in dollars or gold in times of crisis - but the exchange rate they'll get right now is much lower than last week. Sadly all Russians are going to have to pay for Putin's murdering rage. |
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Upon Putin's invasion of Ukraine and the limited ability to stop the imports of gas and oil from Russia to avoid financing the military aggression. Ursula Von der Leyen today mentioned in the European Parliament that this shows how the strategy to transition to solar and wind is strategic in more than one way and is not only about climate change.
Solar and wind power and by nature quite distributed and avoid the existence of critical and dangerous energy infrastructure (e.g. nuclear centrals)
Renewables is definitely the way of the future, however it suffers from a couple problems - some of the mining processes used for the rare metals can be extremely bad for the environment, plus they're limited and some can only be found in certain countries which might not align with our political views. There is also the need for large scale battery farms to store power and the technology is improving but not super effective so far. The dangers of nuclear power is often overstated - barring disasters like the Japan tsunami, it is an incredibly safe form of energy that is way less polluting than coal fire stations. |
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Anything that currently finances the Russian state, which can effectively be considered all businesses in Russia and operating out of Russia for the state or for Russian investors/Businessmen can be and should be considered Russian state funds. Remember, Russia is NOT a democracy. The people have no rights, no freedom and certainly no vote. If Russian state decides they need your money, then thats their money now.
So in short, yes I would boycott Russian gambling platforms as well.
It's a tricky one because you run the risk of alienating all Russian people and that potentially makes them think that Putin is the only option. At present it looks like the EU and USA are going for total economic warfare with all the recent moves, it might be the only way to dislodge the Russian President. Unfortunately the war in Ukraine is completely unjustified and they were never a threat to Russia, just an example of a possible successful democratic country showing the last two decades have made no progress under the oligarch driven and corrupt alternative. |
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Some sites let us bet on politics, I remember some years ago I win an x5 when trump won as president of the United States and that was my last bet on politics, but now I was curious if there are sites to bet in the current war. After searching I only find this site to bet in the current conflict: https://futuur.com/q/149986/will-russia-take-kiev-by-force-by-the-end-of-2022I don't feel is ethical to bet in a conflict like this and I will not, but I want to discuss the topic, what does the community think about this kind of bet. It's not right at all - people are being murdered by a brutal invasion from Russia and the outcome should not be a game to make money on. Let's hope that any site which supports such bets gets hacked or ddos attacked into oblivion until the owners learn to have some basic standards and dignity. You have to draw the line somewhere, politics is one thing - who will be the next president, who will become the next head of the IMF, etc. but this is a step beyond and taking advantage of huge suffering. There is plenty to bet on already and new opportunities every day, that don't involve unspeakable violence, so there is simply not excuse for any betting site to allow it. |
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In the current situation Ukraine government is asking for donations in cryptocurrency to support Ukraine. Their citizens are also depositing their money to crypto for easy usage in the current situation.
In this situation do you not think USA has to support crypto?
The FED decision should be in the given in a way that it do not put negative effects on crypto.
The world existed for a long time without crypto, the world can continue to exist into the future without crypto - that is the answer to your question. Instead of implying that they need to support it, accept that regulation will eventually be brought in and that will hopefully see it more prominently compete with national currencies. Cryptocurrencies are still a fringe commodity at the moment and the value behind them could disappear tomorrow with relatively little impact to the world economy - sure lots of individuals might lose significant amounts, but then 99%+ of people never have regular transactions through this system of payment. |
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I have not been not been looking at new "mining" casinos for a long time and wondered that if there are any profitable out there.
I was heavily into Betfury for a long time but it went to weird direction and game theory of their tokenomics didn't make any sense to me. Now i would have some money to put in that i got from last bull run and i am looking for a decent site that lets you buy their tokens for dividends.
It's a bit of a bizarre concept really but I guess it does have parallels to companies in the stock market. I certainly would not join a casino and fund them via any sort of token they control, however it is definitely a novel concept to be able to earn a dividend from investing in a casinos operations. After all they have pretty clear margins, as long as they are not leaking funds from any games the income is fairly steady over time. This sort of funding would also allow them to cover any fluctuations from having to pay out large amounts of winnings, however there will be plenty of times where the reverse is true and they take in large amounts as well. |
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Will there ever come a time that the government reaction to crypto will be encouraging for the people? Lately the head if international monetary fund Christine lagarde stated that regulatory action from the international community on crypto is inevitable ..what do you think
Bitcoin is a cryptocurrency, the key word in there is "currency". It was always going to be regulated and nobody responsible should fear this - it will make cryptocurrencies stronger in the future. For all the talk of having anonymous payments, with the advent and widespread usage of exchanges by the average person, there was never going to be any other way around it - all that information on the owners is getting stored in one location already and accessible to regulators. The biggest benefit from Bitcoin and similar crypto is that everyone has the option to be their personal bank, like carrying around a wallet with cash in real life, yet it allows global access in a similar way. |
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Considering the current events in Ukraine and the open aggression from Russia, what are your thoughts on the collective boycott of all Russian gambling platforms in support of Ukraine?
We know that 1xBET and 1xBit are owned by Russians. Do you know any more? Could we make a list of all Russian-owned casinos?
I'd love to support an initiative to help Ukraine! I think it would be great if we all raised our voices together and supported it.
I think there needs to be some distinction between Putin and every other Russian. Yes, Russians are going to be hurt by things like the Rouble collapsing and bans on EU air travel, but the vast majority will be suffering greatly for a man they have been forced to support. Even the supporters of Putin have been brainwashed by complete media control from the Kremlin, so we should be careful about casting the net too wide. Unfortunately though, many Russians will suffer because of the horrendous actions of their "leader". Honestly, you couldn't have picked a worse example because everyone should boycott 1xbit regardless of there being a war - they are notorious on these forums for ripping people off and have such a terrible reputation anyway. |
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According to Napoleon, wars require just three things: "money, money and money". - this is probably not a true quote. "The sinews of war are infinite money" - this is attributed to Cicero and is probably true, " The first and most imperative necessity in war is money" - from Ida Turbel.... well I am sure you get the idea.
My question to the forum is how does Putin intend to make the war of aggression against Ukraine be eventually profitable?
You seem to have two things mixed up. War requires money in order to wage it. That is separate from the ultimate aim of wars which may have nothing to do with money. Putin grew up in an era where the Soviet Union had defeated Nazi Germany, but it left every country that it imposed with communism in financial, political and economic ruin. When the USSR fell, many of those countries decided that the Western way of government and democracy offered so much more - it was the only way to live free. Rather than make money from this invasion, he is simply trying to recreate the era that he grew up in - as an old man he has nothing left to lose and has shown that he will murder many people - both Russian soldiers and Ukrainians in order to achieve his pointless aim. This war is not about power, it is about influence and the fact that Putin thinks he has the right to dictate the future of sovereign democratic countries. |
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It is no surprise, but Putin wants to Bielorussify Ukraine. You need a force of 190 thousand strong to depose the government, you need three months to create a new one, including a submissive police force.
You cannot keep the army in there for ever. Those soldiers are costly to maintain and it seems like the Ukrainian population are not quite getting the grasp of the "liberation" and are likely to setup a long an difficult urban warfare followed by an obstinate resistance.
My concern now is that Putin cannot back from his personal gamble and if this go guerrilla he may commit atrocities beyond what we think possible - going Stalin mode on Ukraine.
In my view, Ukraine cannot be defeated until the Ukrainians themselves decide that they have been defeated.
The only way for this to end quickly now is for Putin to stop existing. He has surrounded himself with yes men for the last 20 years and lives an extravagant life far detached from anything the average Russian will see. He expected Europe and the world to simply shout a few stern words, for the invasion to be over in a day and to have a puppet government in place by yesterday. However it has now become a fight for democracy versus the evils of his authoritarian style of governance. He has threatened Sweden and Finland with military action if they ever make a decision on their own future. He has created a devastating economic and cultural shock to Russia, far beyond what he ever could have imagined. Sadly, the coward he is - this will mean more death and destruction as he tries to crush opposition. He is leading the world towards world war 3 because he is an old man with no future - it doesn't matter what happens and this is his attempt to rebuild a USSR that failed for all the same reasons. |
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My country banned sportsbet.io, Binance.com, and any kind of gambling website. so how to access it without proxy?
1. Open Chrome browser setting
2. Go to Security and Privacy
3. Select security
4. scroll down to advance then select provider, I used 1.1.1.1 (cloudflare)
5. then you will be able to access the blocked browser. especially sportsbet.io and Binance.com
Everyone should be aware that while VPN's will change your location and funnel any data through it, they are not necessarily as safe as you might thinl. They are effectively a middleman sitting between your internet and the location of the website/service that you're trying to access. Always remember that information is passing through a third party who could be "sniffing" it for all kinds of sensitive information which could put you at risk. Every password you enter is potentially exposed and even if the VPN company itself is completely honest, they might be vulnerable to all sorts of hackers who will silently siphon off useful data. It might mean nothing to access a relatively locked down casino account, but if you forget to turn it off and log into your wallet - then it might become vulnerable. |
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Beyond millionaires who already had large wealth unassociated with Bitcoin, you're unlikely to find many people who are flaunting their wealth. People with money who worked hard for it generally have the sense not to advertise it, because wealth breeds jealousy and it will make them a target for all sorts of different people. Most of the biggest wallets are likely to belong to exchanges or other large crypto related sites, so there is not much use trying to find all the largest wallets if you want to connect them with particular individuals. Any wallets connected with criminal activity are often worthless because to convert it back to fiat currency often exposes the people behind it. |
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Many people think that bitcoin should move up in a straight line but this is not how the market works. Markets may show us many up and down before moving up and sadly people are not ready for these movements and sell their bitcoin before it reaches the all time high.
Do you even know what the words all time high even means? As there are many "all time highs" within the graph you've posted yet you seem to think it only applies to the final point which is where it magically stops higher up on the graph. What you really seem to mean is you should hold bitcoin forever with no end goal in site, which is meaningless because most people have hopes and dreams that require money to fund. If you want to live a life, you have to exchange your money for food, bills, holidays, car payments, etc. unless you wish to live like a hermit forever and waste it all. You also seem to confuse trading with investing, when there can be some fairly distinct differences that would take a book to describe. |
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I'm sorry, but maybe my family and I will die tomorrow if the world does nothing, so
Ban Russia from SWIFT! Protect Ukrainian Sky! Send NATO to Ukraine! #BanRussiafromSwift #CloseTheSky #SendNatoToUkraine
you can ban me if you think it's necessary!!!
I hope you and your family stay safe. Sadly Putin the murderous has chosen a path of destruction as his legacy, this aging old man is willing to destroy the world because he has no future left. So much for Russians and Ukrainians being "brothers", any Russian in Ukraine or who supports Putin now is on the side of evil. I cannot see NATO doing much, as it is there to protect member states and cannot be the aggressor. However it looks like individual countries are starting to ramp up and deliver much more weaponry to counter this blatant attack on an innocent people who only wanted freedom and democracy. Russia offers them nothing except pain and violence to comply, no wonder they wanted to be closer to the EU. |
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Just read this report: EU on Track to Ban Bitcoin: Report 'Bitcoin will be banned in the EU starting from 2025 if the Commission and the Council of the EU don’t ditch a crippling amendment to the MiCA framework' source: https://u.today/eu-on-track-to-ban-bitcoin-reportI don't know what they want, but I wanted you to know this ... -------------------- Update 25/Feb/2022 It does seem like the writing is on the wall for Bitcoin and cryptocurrencies, unless they can figure out a way to become more environmentally friendly. Unfortunately the complex calculations the blockchain is trying to solve creates a lot of wasteful duplication and all of the "wrong" answers translate into wasted energy. It comes down to a simple question - is the benefit of a decentralized currency better than existing payment networks. Quite simply they are not for the vast majority of use cases. If you can send a simple transaction between financial institutions already which costs a fraction of the energy of a bitcoin transaction then it will never be justified. It should be remembered that most of the world is currently in an energy crisis right now, so any way to conserve it will be looked upon favorably. |
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It is basically clear that following the invasion of Ukraine by Russia, the only response from the U.S. U.K. and other European power houses would be via sanctions, aimed at crippling the Russian economy (i doubt the possibility though, considering how important Russia is to Europe), but having said that, these countries have gone ahead to stand true with their threats and imposed a couple of sanctions, and according to them, "many more to come", but one significant country that is yet to follow suit is China, as they claim their business with Russia with continue normally, see this excerpt: China’s foreign ministry said Thursday the country’s trade with Russia and Ukraine would remain “normal” and refused to call the attack an “invasion.” Meanwhile, the customs agency approved wheat imports from Russia. From the above, it does not look like China has any intentions of joining the mass in imposing sanctions on Russia for invading Ukraine a couple of days ago. If China takes this direction, wouldn't it also encourage other countries to do likewise, and if the sanctions isn't a sweeping one, then it might not have the desired negative effect on Russia that the Eurpean union, U.S and U.K. wants it to have, though the U.S doesn't think that way, see the excerpt below: China’s trade with Russia isn’t enough to offset the impact of U.S. and European sanctions on Moscow, according to the White House. Do you agree with the above? In my opinion i think they may be correct, but it would definitely be much better and could stop Russia's invasion of Ukraine sooner if all countries unite to impose sanctions. There is another very important aspect to the news: In the hours after Russia invaded Ukraine on Thursday, the U.S., U.K. and European Union announced new sanctions aimed at isolating Moscow from the global economy. The sweeping measures did not include restrictions on purchases of Russian oil and gas — a significant driver of the local economy. I think the above highlights the importance of Russian oil and gas to the world, and as a result do you think it is possible for Russia to face complete isolation? Is Russia more important to Europe, than Europe is to Russia? It is also clear that any sanction imposed would affect the both parties, so to what end is it? What is the possible solution, if any? Read the full news: https://www.cnbc.com/2022/02/25/chinas-trade-with-russia-wont-offset-sanctions-us-says.htmlThe Chinese leadership have always been close to Russia and it is mostly a one way trade. The only thing that Russia has to offer China is natural resources and China will happily take advantage of the situation, but Russia will earn a fraction of the amount they could be selling oil and gas for in Europe. Beyond energy supplies and probably a few other commodities, Russia is useless to China. China is playing a strategic game, where they make the most from Europe and USA, but want to keep a convenient dictatorship in power to agitate these countries. If the opportunity ever arises, probably necessitating neutralizing nuclear weapons, then China would take over Russia in a heart beat. The are friends of convenience, but it can be dropped by either side in a second if it becomes useful to re-align. |
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have about $1,200 of BTC in there, nothing crazy. If I KYC myself they will simply say I broke their TOS and lock me out forever (I did the research on this already). KYC consists of ID, recent bills, and photo of yourself holding ID. The only piece of information this site has on me is an email address.
I have friends who have friends in other countries. Some of those friends of friends live in impoverished countries. What's stopping me from using them to KYC my account and then giving them a piece of the stuck funds? I would only need to gain access to retrieve the funds and would not continue to use the account or website. I think that the website has info about all the IP addresses and proxies you used when logging in. There's nothing left for you but to convince one of your friends to login and try to ID verify himself,but I'm not sure that this will work,since he will have to login using a different IP address. What if some representative of the sports betting website checks your login history and sees all those different IP addresses and VPN proxies?I'm sure that he will become suspicious and ban your account forever. That's why using a VPN to access gambling websites is always a bad move. If you say "$1,200 in there, nothing crazy" it sort of implies that this is a relatively small amount to you. It depends why you will have broken their terms and conditions on whether they will ban you - if you're a multi-account user with a ban on a previous account, they'd have every right to do it as you are could be taking advantage of offers or a number of other abusive strategies. If you think they'll ban you just because of something like country of origin, they might be more lenient than you think - there are people behind those customer service desks and if you're in contact with the right one they may be willing to help you out. However this situation all came about because of actions you took (avoiding the terms) so you might just have to accept it as a mistake and write the money off. |
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Yesterday I observed a steady increase in the pricing of dollar from the beginning of the this week high. But later in the day, there was a sharp fall in the price and closing on a low. So is there any relation to Dollar in the situation of war in Russia and Ukraine? especially as the sanction of Russia was announced yesterday. Are investors selling off dollar and running to bitcoin or are Russians immediately dumping their dollars?
So you took a look at the price movements of the Dollar, saw it swinging up and down (which it does every single day) and make some wildly incoherent guesses as to the cause? First off, if people were "selling off dollars" to convert them into Bitcoin, why did Bitcoin drop by a hefty amount yesterday as well, or you couldn't be bothered to check such a simple fact? Russian's are more likely to be buying dollars than dumping them, because Russia is facing all sorts of economic sanctions for their unjustified war and the Rouble dropped to an all time low. Yesterday was a crazy day in the markets and all sorts of motivations were coming through, but you've instantly jumped to some pretty dumb conclusions, so bravo for that. |
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It is generally known that the Russian Central Bank’s stance is to ban crypto-assets, cryptocurrencies, arguing that they creates risks, primarily for citizens, and financial institutions, banks, and create an obscure settlement market. But, Anton Siluanov (Russia’s Financial Minister) believes that banning cryptocurrencies is like banning the internet. He argued that although the risks the Central Bank is raising are understandable, but he once again reiterated that banning the sector is considerably worse than regulating it. There are still debates on this issue and President Putin have encouraged the two financial bodies to find a solution to the deadlock. https://cryptopotato.com/banning-bitcoin-is-like-banning-the-internet-says-russias-finance-minister/How else will state sponsored Russian hackers and blackmailers get their money out? The Finance minister is right, if not a bit of a hypocrite, as Russia heavily monitors and censors the internet (increasing in recent years). No good comes from banning cryptocurrency because there are so many routes to ownership for someone who seriously wants it and it is much safer than the internet in that respect, it's almost an effort in futility in trying to ban it. However, in the meantime, expect to see Russia allowing it as they look for any sources of income and they will be willing to use the dirtiest fuel if it earns them money. It's kind of bad for the whole movement if Russia does not decide to ban it because they have such low standards when it comes to environmental protection. |
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As more market uncertainty arises due to the possibility of a war, probably expect more draw-downs across the board(stocks, crypto). It doesn't help that Putin is apparently going bollocks. I mean, those statements just gives me chills. Imo it's the season to be defensive, rather than to make as much gains as possible, with altcoins being a really really bad pick.
With that said, prayers and best wishes to our Ukranian friends. Stay safe.
"We aim a demilitarization and denazification of Ukraine by filling Ukraine with military and nazi's. Considering Ukraine and Russia are meant to be "brothers" the Russian president has gone insane. He is literally the architect of a murderous war that never needed to happen. It's all because he has achieved nothing in the last 20 years but see a further fall of Russia through corruption and cronyism that pervades the country from the very top downwards. He is trying to relive his childhood by trying to recreate the USSR, the USSR that failed because it offers countries within it nothing but fear and repression. Any Russian should be thoroughly ashamed of their government right now and any Russian soldier in Ukraine should do the world a favor and turn their gun on themselves. |
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