The de-pegging is a result of the bankruptcy of the Silicon Valley Bank that was announced yesterday I think. Some of USDC's collateral was deposited in that bunk. Naturally, people started dumping, which led to a low of $0.88. The token is now around $0.91 and $0.92. I haven't checked (nor do I care to be honest) what USDC's relationship to DAI is and why DAI is losing its peg as well.
After all the nastiness, speculation, and negativity thrown Tether's way, they remain the most stable of the stablecoin assets. For now, at least.
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Scary stuff. I don't remember hearing about this type of malware before, and I as sure as hell don't want to come across it.
I have always guided myself by not being overcurious in installing apps that aren't essential. That has never failed me yet. People have become so lazy and want dedicated apps for every little thing they use in their life. This malware spreads through a currency converter app. Why would you need to have that installed on your phone? You can literally enter USD to EUR or any other currency pair and get rates from Google. If you want even more precision, use something like xe.com. Or check the rates at the website of your bank.
I was having coffee with a friend at a bar recently. And as we were sitting there, the guy was browsing the Play Store and selecting apps he thought looked interesting. I asked him what he was looking for and he said nothing special, I just feel like testing some new apps. That's just inviting problems in your life.
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Above all in comparison to bank and binance exchange like you ask, I will choose to trust bank more than binance exchange because it can be hacked or have the same issue with ftx where depositors won't be able to recover their money but in case that happens to a bank, the government of that country will ensure depositors get back their money. That's correct to a certain extent. The money you hold in your bank account is insured, but there is an upper limit to this insurance. The numbers differ from country to country. But let's say that limit is set at $100.000. If something happens with your $50.000 bank deposit, the insurance kicks in and replaces the full sum you lost. That's not the case if you had $200.000 in your account. In that case, the insurance only covers half of it. It's important to note that Binance exchange is a centralized exchange, which means that it holds control of your funds. If the exchange were to be hacked, your funds could potentially be lost. Binance has suffered hacks in the past and they paid back the damages to their customers. Still, that can all be part of a PR campaign. They evaluated that it's more worth it to lose a bit of money now but keep the customers happy, rather than not do it and suffer an outflow of unsatisfied clients. They earn millions on trading and withdrawal fees anyways. If Binance went through a Mt. Gox type of scenario, I doubt customers would ever see their money.
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You are the one that needs to show quality and knowledge in your posting to even be considered to be accepted in a quality signature campaign. To get to that point, you need to read and learn about bitcoin. It doesn't work the other way around. No one will pay you if you don't show quality contributions the same way that people don't take random people off the street and give them high-paying office jobs. If you show that you are worth it, positive things will eventually happen.
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When talking about the safest, of course I have to say the safest in my opinion is the bank that I have been using for a long time because apart from being able to see it with my own eyes, I have no fear of saving more fiat there... Maybe you can see the building where your bank is, but you can't see your money because it's not there. You see the digits next to your name. Your money is lent out as credit to other people. In case of a bank run, your bank, my bank, and almost all others would be in big problems. Still the money is insured, and they follow stricter regulations from services like Binance that have a history of moving around different jurisdictions after getting the boot in multiple locations.
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Public key - is a key where you can "deposit/transfer" your funds. Sometimes it called public address. Forget about public keys for standard bitcoin use. You don't need them. You need the address. The address is what you give to someone who needs to send you BTC, and you send your BTC to other people's addresses. Your public addresses will be reveled on the blockchain when you make an outgoing transaction from the address derived from that public key. But that's not something you need to worry about unless you get into the technicalities of Bitcoin. The address is a shorter hashed form of the longer public key. But one doesn't substitute the other. My software won't allow me to send BTC to you if I enter your public key in the 'send to' field. Close Source - is high risk because you can't be able to see or check the code if there's something wrong. Open Source - is low risk because you can see ot check the code if there's a bug or something, or safe to use with. Depends on how popular the software is. When we are talking about something like Electrum, it's a piece of software that has been verified numerous times by multiple parties. But if it's a brand-new, unpopular, and unused software, it doesn't matter much if it's open or closed-source. Consider this: You find a piece of software on the internet where someone "promises" it solves a particular problem. It's new, and there are no records of anyone every verifying it besides the owner and his fake friends. No security company has ever checked it. There is nothing about it on the internet. You have no idea how to verify the code yourself, and no one else will do it for you. Do you think this software that no one has ever used or checked is safe because it's open-source? There is a thread in the reputation board right now where a user created a fake seed checker software. You know what? He says it's open-source. You feel like using it to check your seeds?
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It's kind of a peculiar question. Hardware wallets hold the keys to your cryptocurrencies, aka they store your crypto. You can trust them to do that job because that's what they were designed for. How are you going to store your fiat there? Your fiat is supposed to be in your bank account and not on centralized crypto exchanges like Binance or any other.
I trust my hardware wallet for my bitcoin and certain alts. I trust my bank with my fiat. I trust the baseball bat under my bed and the knife in my nightstand just in case someone wants a go at the valuables in my home. I don't trust Binance because Binance cares for its interests and not yours or mine.
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I can't really call this preying on newbies, he's targeting people with many wallets and lots of money. Depends on what your definition of a newbie is. You (LoyceV) might at this moment have 0 bitcoin to your name but you are not a newbie. Someone else could have 10 wallets with 10 BTC in each and still be a newbie by not knowing how to protect themselves and recognizing the intentions of software like this one. He is targeting newbies in the common sense and security knowledge department. I didn't want to say intelligence, but it's not that far away. If you see a thread like this and think that it's a wonderful way to check if my seeds belong exclusively to myself, you aren't the brightest mind. I saw a funny response to a picture someone posted somewhere about a guy who was driving in the opposite direction in a roundabout and someone replied to him, it's because of people like you they have to write on shampoos that it's not supposed to be consumed as a beverage.
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So you claim this is your first and only account and you have never had one before on Wintomato where you have also used welcome and deposit bonuses to your advantage? Where and how did you create this account? Do you access it from your home or public IPs? Personal or shared computers? Do you use VPN or change your IP for any reasons? Do you share your home with family or friends who might be gambling on Wintomato?
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I can see that the ball is already rolling. TrustDice is active in that complaint thread. They claim your documents are forgeries. And 4 days ago they apparently sent the proof to the agent that handles your case. You need to wait for that Nick guy to post his opinion. From casino site now is total ignore. They don't need to talk to you anymore. The communication now goes through the 3rd-party mediator. What's that post about the casino sending you $24.50? Is that to your personal wallet or the casino wallet? My understanding is that your casino account is blocked, as in banned. Can you still log in to it?
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Dear Metaspins.com representative
I started a compaint on FOUR websites - casino guru , casinomeister , latestcasinobonuses , lcb and Scam Accusations thread in bitcointalk.
On casino guru , latestcasinobonuses and casinomeister complaint is NOT resolved yet, and You (Metaspins) did not answer ANYTHING on any of these websites. Metaspins shared the link to the LCB thread where your complaint was rejected and the mediator agreed with the casino's findings. Can you post the complaint links from the remaining sites? I found that Metaspins.com has almost 50% traffic from United States and 10% traffic from Netherlands using Similarweb google chrome extension. I would advice you to focus on the matter at hand. What happens with US and Dutch players won't help your case. Curacao licenses restrict those countries and several others, like Germany, France, the UK, etc. It's your job and each player's job to thread the TOS and rules of the service you sign up for. HONEST casinos NOT allow to access casino website from a restricted country. It may look different, but most of times it looks like this I agree with you on this point. But, crypto casinos work differently from traditional fiat casinos that own licenses from strict regulators like the ones in Malta or the UK. Several years back I made Which casinos have IP blocks in place for restricted countries? The idea was exactly what you mentioned. I wanted to check if the casinos allow players to access and sign up using IPs from restricted countries. Some do, others don't. You can check the results in the thread.
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The casino's representative, Coinbox1, will surely not reply to you in your scam accusation thread. He already made the mistake (in his eyes) to engage this community in a discussion and made a fool out of himself. After that, they changed their internal policies and decided not to communicate with this community.
It's impossible to determine if you were cheated by them or if you tried to submit fake KYC data based on the few sentences you wrote in the OP. Theoretically, everything you said can be true, but it can also be a lie. Trustdice will communicate with 3rd-party mediators like AskGamblers or Casino.Guru. My suggestion is compile all the evidence you have against them and begin a complaint process. If they accept your case, post the links to the discussions here so everyone can follow the development.
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It's been a long time since I last saw such a cheap attempt to steal people's coins. So the point is to enter the seed to "check" that it's only "yours". Unbelievable. Never under any circumstances share your seed or private keys with other parties. As Aussie Man once said, all we can hope for is that people looking to steal from others die in horrible house fires.
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Thanks for providing the link to the complaint. Besides LCB, is there another 3rd-party mediation service that your casino works with that you can mention here? Or, can the player contact a different site providing the same type of services?
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Well!!!
If they were Fiat casinos, yes!, without a doubt play money, but there are penny games, try those, for example, in the past I hit 5000x, so, my prize it was only $50, it was my bet size. But!, if it had come out on play money, oh shit! It doesn't matter if it's fiat casinos or crypto casinos. Free play on slots is available on both. When you try to determine how much you can win, don't pay attention to the final payouts because they depend on your initial bet amount. Instead, look at the percentages that you get back. 5000x is a great return and all you need is to spin the reels with enough credit. in fact you can look for providers that offer slots with bets for $0.0001, for example. I never saw the point really in playing like that. What difference does it make if you have $0.0001, $0.0002, or $0.001 in your pocket? It all equals to nothing in the end. You would have to get a 10.000x payout with such a starting bet to win $1. And even if you do (which you most probably won't), what are you going to do with $1? It's a waste of time if you ask me, but everyone decides for themeselves.
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When you and your friend placed bets from the same address using the same IPs, did you wager on the same matches? Did you maybe bet on opposite results? For example, you bet on Team/Player 1 and your friend on Team/Player 2? Did your coins come from the same addresses?
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<Snip> I don't disagree with you on some points, and it is more complicated to use compared to traditional fiat methods. Using PGP apps and verifying signatures isn't rocket science, and we shouldn't make it look like it is. You learn it after a 2 min video and then you know it. I had no need to verify the digital signatures of anything either before I got into bitcoin. Now I know it and my life isn't any more difficult because I use a new piece of software and click a few buttons every couple of months. Basic IT literacy won't do you any harm in the 21st century, and it's expected that you know some things or know how to find the information you need.
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It's very rare to find casinos that will openly post proof. I don't like it either. I also don't like that we are sometimes ok with that and other times we aren't. If the casino doesn't want to post its proof here, fine. Then use a 3rd-party mediator. But if the mediator also doesn't agree with you, it's case closed. Especially if it's multiple different services. I would also support giving casinos negative ratings and raising flags (no matter who they are) if they deliberately steal from players.
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If you believe they acted unfairly, you can file a complaint with the Curacao regulator. But take some and compile a professional looking email and not the unreadable text you posted in the OP. Nobody with any self-respect would want to read that. You can find the page to their license at the bottom of the Sportsbet.io page (btw, the name of the site is Sportsbet.io, and not Sportbet.io like you call it). The complains button eventually takes you to https://www.curacao-egaming.com/public-and-players/complaints-landing?domain=sportsbet.io. Read it and take it from there.
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It's 2023 and about time that people stop participating in worthless bounties where the reward is even more worthless shit tokens that will never amount to anything. Begging on the street is more profitable, plus you are on the fresh air. Bounty campaigns paying crap rewards and cheating bounty participants has become such a normal thing that no one cares anymore. Don't play their games.
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