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June 17, 2024, 04:15:20 PM *
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2681  Economy / Gambling / Re: hello Players!! on: June 17, 2022, 07:20:08 AM
Well, buying a "White Label" casino script for a "Dice" site is only the first step to having a successful casino. The real expense will start with the promotion and marketing of the casino and that is going to be VERY expensive.

I hope you have a huge "Bankroll" because if you get a lot of big hits and you cannot afford to pay the gamblers.. your site will get a bad reputation very quickly.

Good luck with the site.  Wink 
2682  Economy / Economics / Re: How can I survive in a place where BTC is restricted? on: June 17, 2022, 07:09:57 AM
This is a very easy thing to manage :

1. Collect as much bitcoins as you can, whilst you are in that (restricted) country. - There are ways to do this, without using local Exchanges.
2. Once you have enough bitcoins, go visit countries where Bitcoin is accepted and buy goods and have a great holiday paying with bitcoins.

I say.... F@#$$k those countries that does not want to support Bitcoin as legal tender..... just support the countries that does. The countries that does not accept it, will not get the VAT on the purchases of the coins you own. (Buy Apps and software online and pay with Bitcoin)  Wink  

3. The final option will be to relocate to another country that does accept Bitcoin as a payment option. (Once you have collected enough bitcoins)
2683  Bitcoin / Bitcoin Discussion / Re: Accepting Bitcoin for your business just like Tesla: Report on: June 17, 2022, 05:36:24 AM
Accepting Bitcoin as a direct payment option and doing it as a payment through a third party payment processor is very different. The real adoption is when you pay directly into a "merchants" or "retailers" Bitcoin address, but when you have to pay Bitcoin into a payment processor and they convert it to Fiat, it is not real adoption.  Roll Eyes

The use of payment processors are forced onto merchants and retailers, because governments are trying to protect their Fiat currencies, so they do not allow Bitcoin to be legal tender.  Angry
2684  Economy / Economics / Re: One of the Dangers of a Cashless Economy: System Fragility on: June 16, 2022, 12:14:42 PM
The problem with the German incident ...cannot be compared with Bitcoin (Blockchain) ...because the payment system in Germany is centralized. You have to remember that "Bitcoin" (Blockchain) is decentralized..... so it does not have a single point of failure. The full nodes are distributed globally, so the chance of the Bitcoin Blockchain going down globally..is very small.

Also.... people use notebooks & mobile phones for their wallets and those devices have internal batteries.... that can easily be charged. (Solar / Petrol generators / UPS's / Power Banks.... etc)  Wink

Will something like this disrupt the "retail" industry..... Yes, but they can make similar plans to "charge" their devices...  Wink
2685  Other / Politics & Society / Re: Who will be Russia's next market target?? on: June 16, 2022, 08:52:22 AM
As long as India and China are buying up most of Russia's Oil, they could care less about the 36% market share loss from the EU. I think India and China has already increased their imports of Oil from Russia and that they are refining more Oil to sell back to the EU to bypass these sanctions.  Roll Eyes

There are always countries that has to take sides in any conflict and the urge to make more profits, will cancel out the ethics of supporting an aggressor in a war like this. (It is everyone for themselves..... and India and China has proven this during these times)  Roll Eyes
2686  Economy / Gambling discussion / Re: Phil Mickelson Opens Up About Losing MILLIONS From Gambling on: June 16, 2022, 08:34:52 AM
Phil Mickelson is a human ..just like the rest of us. He might have more money than the average person, but he can still become greedy or he might just enjoy the adrenaline rush that comes with taking big risk.  Roll Eyes

You have obviously not seen "Drake" gambling on Stake.  Roll Eyes  He gave away about $1 000 000 with his last gambling Stream session to Stake.com gamblers. (He also lost about $9 000 000 ..during that session.... well technically speaking .. his balance was about $21 000 000 at one time)

If you watch the whole video, you will see that Phil said that he did not lose everything, but he did admit that he made some very reckless bets on gambling.  Roll Eyes
2687  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: June 16, 2022, 07:39:13 AM
Hey, any affiliate here ?  Smiley
I find that Stake's commissions are very low compared to the casinos I promote.
Do you find these numbers normal in commission?
```

Well, Stake has an average commission compared to other sites ==> https://www.flytonic.com/bitcoin-casino-affiliate-programs/ but make sure to scroll down to see the "Cons" of many of these affiliate programs. (restrictions)  Roll Eyes

Have you done this? ===> "If you are an affiliate under special circumstance or with outstanding reach, contact our excellent support team. Upon speaking to your affiliate manager, we may be able to negotiate a customized program. This could include higher commission."
2688  Bitcoin / Bitcoin Discussion / Re: BTC on other chains is not BTC on: June 16, 2022, 07:08:46 AM
I wonder if this has anything to do with their decision? ===> https://www.coindesk.com/markets/2022/06/12/binance-ceo-changpeng-zhao-questions-sec-investigation-into-bnb/ (They are investigating if the BNB token constitutes an unregistered security)  Roll Eyes

They are also under investigation by the U.S. Justice Department, the Commodity Futures Trading Commission (CFTC) and the Internal Revenue Service.

So I do not know if they are trying to pull an exit scam (pump) or if it was a legitimate problem. (I see that BTC withdrawals were enabled again, so it should not be a problem anymore)  Roll Eyes
2689  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 15, 2022, 06:51:56 AM
Any logical person will not expect to receive 46 000 000 Yen (+/- $340 000 US) as a Covid-19 relief benefit from the government for one single person.  Roll Eyes  He knew it was a mistake and he knowingly spend the money on gambling, so he has to face the full consequences of his actions.

We should forget about him and rather think about the 436 other people that did not receive the benefit when they needed it the most.  Angry

We had a similar case in my country and that person went to jail for a very long time. The legal principle “ignorantia legis neminem excusat” is applicable here, because it says.... (ignorance of law excuses no one)  Wink
2690  Economy / Gambling / Re: Bitcasino.io 💜 — Unique casino games that will blow your mind 🪄 on: June 15, 2022, 06:37:47 AM
Karl, when are you guys going to add "Snake Arena - Dream Drop" from Relax Gaming? It is a awesome upgrade to the original "Snake Arena" and it has an excellent Major Jackpot that pays out before $50 000 and also a Mega Jackpot that has to pay before $1 000 000 are reached.  Grin

It has three smaller Jackpots (Rapid/Midi/Maxi) that pays out frequently during the day, so it keeps you glued to the gambling, chasing all those Jackpots.

Hope to see it soon.  Have a great day!
2691  Bitcoin / Bitcoin Discussion / Re: Several reasons explaining the Crypto Price Crash (without BS) on: June 15, 2022, 06:08:17 AM
Yes, all the things you have mentioned has an impact on the current price drop, but we all know that Bitcoin goes through "Boom" and "Bust" cycles ...just like any other commodity.  Roll Eyes  People should just stop concentrating on finding reasons for a price crash and just look at Bitcoin as a long-term (hodl) investment strategy. (If you want to use it as an investment option)

I am actually more excited when there is a price crash, because I see that as an opportunity to buy more coins at a cheaper price. (I hoard cash for opportunities like this)  Wink
2692  Bitcoin / Bitcoin Discussion / Re: Cryptos are uncovering our evil sides on: June 15, 2022, 05:48:58 AM
I have realized very early in my life that it's a cruel life out there... and that you should not expect anyone to help you, without you giving anything in return. The world of "Money" is not any different, because people are greedy by nature and as we know... they will kill for it.

So, why should a Crypto Miner worry about "global warming" and their carbon footprint, if they are printing money with their ASICS that are running 24/7? They do not see the immediate impact of their actions (like cooking a frog) ...so they stay focused on their goal to make money.

Do you think the Banking system worry about : All the carbon emissions from the armored trucks that deliver cash? Do they care about the electricity that are used 24/7 for the millions of ATMs? ....etc.  Roll Eyes
2693  Economy / Gambling discussion / Re: Does bitcoin dump have any impact on gamblers ? on: June 14, 2022, 11:46:21 AM
Yes, it does have a big disadvantage and advantage at different situations of the market. I had a few coins on a popular casino a while ago when the price was above $30 000 per coin and it dropped to $22 000 today.... so I basically lost $8000 per coin, without betting a single satoshi.  Roll Eyes

The opposite is also true.... I had a few coins on another site when the price was $34 000 per coin in Jan 2021 and then the price went up to $58 000 in March 2021..... so I basically had +/- $24 000 per coin more to gamble with. (I actually forgot about the site and re-visited it, when the price skyrocketed)

Most people do not have coins in these casinos for long enough to feel the real impact of the price fluctuations. You see the balance going up and down, but with small balances... it is less noticeable.  Roll Eyes

I prefer to keep my coins in Stablecoins for gambling, if the casino accept it... because the price fluctuation is a lot less.  Wink
2694  Economy / Gambling / Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Watford Main Partner ⚽ 🥊 on: June 14, 2022, 09:21:26 AM
I just love the new "Snakes Arena - Dream Drop Slot" from Relax Gaming, but I noticed that they are showing the € (Euro) symbol in the Jackpots, but they are paying out in US Dollar value? (The value are close, but there are a difference)  Roll Eyes

In any way.. it is not a train smash, the game is still excellent and a good upgrade to the original "Snake Arena"  Grin  The smaller Jackpots are paid out frequently and it will be life changing if one of the BIG Mega or Major Jackpots are won.   Wink
2695  Other / Archival / Re: The growth of annual inflation in US reached 8.6% on: June 14, 2022, 08:34:21 AM
The cryptomarket is supposed to grow against the inflation due to its limited supply, but here the market is experiencing the downturn as the inflated currencies. The inflation keeps rising and it has come out big all of the sudden as people have started to move after a long term work from home. During those time period the food price rise didn't make a big impact. By the time the transportation too is limited and now everything is getting to be normal and the impact is getting high. It is a slow process to get solved. More countries will join the queue soon.

I disagree...

When the Inflation goes up, people are paying more for goods and services... so they go into survival mode and they do not have disposable funds to invest in speculative high risk investments like Bitcoin.

The influence of the war in the Ukraine are only being felt now, because food production has been disrupted. We have been using wheat and oil that were stockpiled, but the new crops will suffer..do to the shortage of fertilizer from the Ukraine and the smaller exports from Russia.  Angry 
2696  Economy / Speculation / Re: Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes on: June 14, 2022, 05:58:59 AM
I think if we look at the current state of the financial markets of the world (in war time) ...then most markets are down. People are not investing their money into so-called "high risk" speculative assets, but rather pushing it into traditional safe havens. (Gold/Silver/Government Bonds)

To be fair.... nobody really expected Bitcoin to do very well under these circumstances, so let's lower our expectations and rather look at Bitcoin as a "Long-term" safe haven, with potential for huge profits when it recovers.  Grin
2697  Economy / Speculation / Re: The Tulip Mania 2.0 on: June 14, 2022, 05:42:30 AM
Imagine this.....

The Trolls/Shills are now speculators too...  Grin   In the past they used this "Tulip" song when there were a drop in the price, but I think "greed" have infiltrated their ranks now.  Grin

So, please listen to their advice, because that is what we we saying all the time... if you want to use Bitcoin as a commodity... get in low and wait, because the market will recover and you will make a decent profit when it bounce back.

Who would have thought "Trolls" and "Shills" will give good advice.  Roll Eyes
2698  Bitcoin / Bitcoin Discussion / Re: Act to defend privacy or resign ourselves to its loss? on: June 13, 2022, 05:29:19 AM
I say, grant "Bitcoin" users the same level of pseudo anonymity, that all users of "Cash" is getting.  Wink

If they do not want to give Bitcoin users pseudo anonymity, then we as voters should make sure that we do not support them in the next election.

They will eventually close all the loopholes for people who wants to be pseudo anonymous, but developers will find ways to circumvent that, by creating something that cannot be tracked and also something that cannot be traced back to them.  Roll Eyes
2699  Other / Politics & Society / Re: Russian aggression against Ukraine. The world will no longer be the same. on: June 12, 2022, 07:48:24 PM
The Ukraine is not a member of the Nato alliance, meaning it is not obligated to launch an armed attack against Russia to protect Ukraine.
Source : https://inews.co.uk/news/world/ukraine-why-no-one-helping-nato-russia-invasion-response-member-countries-1483199

We have seen how aggressive Putin gets when countries that are not part of NATO, want to join NATO. (Example : Switzerland) He knows ..the moment when he attacks a country that are part of NATO, then NATO can join that war to protect that country.  Wink

Nothing stops western countries to send weapons to help the Ukranians to fight their own battles.... and that is what is being done to help them.  Wink
2700  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 12, 2022, 09:13:53 AM
The thing that gets most people are the small rewards that Slots give people during their playing session. They think that Slots will pay a big Jackpot, if they keep on playing for long enough, but for most people that never happens.

They also see "Paid" Streamers playing a Slot until it pays a big amount and they think that they can do the same thing. Those "Paid" Streamers can do that, because they use a casinos money to do it.... so you cannot emulate that, because you do not have that amount of money.

                                                                "Responsible gamblers know when to stop"
 
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