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2701  Economy / Gambling discussion / Re: Big companies finally had enough of the excessive tax on: June 14, 2021, 10:20:12 AM
One effect of the high taxes: Maybe the high taxes a meant to discourage Gamblers from playing a lot because this pandemic can turn users into addicts and this is one way to slow the process down.

The other effect from these high rates is going completely anonymous which means a missed opportunity for the government to collect revenue from gamblers as they will find alternative places to play the games they love.
They might have introduced the taxation system for gambling activities to restrict the players as number of casino users have increased during these pandemic but the main point is that they want to earn revenue from them in the form of taxation.They see that house is making huge profits without sharing it with government treasury then they impose such taxes of 20%.The small players will be hit hard with this decision and house profits will decrease automatically.If the government has made some decision then they must reconsider it with meeting with casino owners and gamblers at first and then pass law again with minimal changes.But this is not so good move on their part.
2702  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme coins have no use case on: June 14, 2021, 10:07:13 AM
That is the bitter truth behind the Meme coins. Once the Doge started to go up (when someone tweets), people started to think that it may easily go pass the BNB and even Ethereum. With that hype, people started to create more and more meme coins, which do  not even have any use case. As it started to collapse, they became worthless pieces of assets and I do not think anyone would invest further on such coins which do not have a proper case at any means.
If you just search for meme coins then you will find a bunch of them trading in the market at this time which have no utility in the future and some of them are very popular due to people being convinced that they will yield good returns in long as well as short term.This was all temporary and market was under manipulation which pumped these shitcoins upwards but not for long.Such as doge,shiba,kishu,cumrocket,SafeMoon which according to me will serve no purpose for investors in long term.So stop investing in them for no reason as profit will not be made with them if you are not new to this crypto market you better know this.You can not guarantee your funds as not many nodes are running behind them and some are fully centralized currency so better to be safe with potential coins.
2703  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 14, 2021, 09:52:47 AM
Seems Rollbit Boss has been crowned, we have a new user who taken first place aeroh.



Congrat  to MalteseFalcon.
It was just a matter of time when this hidden user was in the game with aeroh to be on the top of leaderboard and now see we have a competition to them with another high risk taker gambler @MalteseFalcon who is about to wager $1 billion approximately.This is some serious gambling man and you need to have deep pockets to play at such levels.Rollbit boss takes home $5000 additional bonus also no strings attached with it and some other benefits also so it's good to remain over there.
2704  Bitcoin / Bitcoin Discussion / Bitcoin transaction reaches historic peak on: June 14, 2021, 09:41:20 AM
Although daily thousands of Bitcoin transaction are settled and added to particular blocks mined every 10 minutes but on 12 June block number #687249 recorded maximum of 4075 transactions.Although normal transaction recorded are between 1000-1500 per block but this was 4x higher transaction.See full details in the image



This was relayed by one of the biggest mining pool Antpool and have gained 6.52 btc as reward in the form of 6.25 BTC(block reward) + Transaction fees

You can have more look at this block here: Block
#687249


According to Chinese journalist Colin Wu this is result of China FUD and banning btc which has reduced the hasrate corresponding to slower block productions.What are you views on this?
2705  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 13, 2021, 04:41:25 PM
It's good news that duelbits keeps on adding new coins and this is one of the kind because other casinos haven't accepted Monero yet or they don't have the plans of accepting it. Whilst duelbits, it came as a surprise that they've announced it as the next crypto that they're be accepting.  Wink
They are still adding new cryptos as per the demand and regulations and use most effectively traded coins and liquidity in the market.Monero is still limited to some casinos due to its annonymity and they have to follow some AML policies as per their license agreement.But still they are trying to give as many options to players which is better thing.
2706  Bitcoin / Bitcoin Discussion / Re: Using renewable resources in Bitcoin Mining on: June 13, 2021, 04:34:03 PM
They are into serous crypto business and promoting Bitcoin in their country at high scale.They have directed the largest geothermal plant to use volcano energy for Bitcoin mining which is advanced step towards renewable sources of Bitcoin mining without consumption of electricity.Moreover they have also announced a priviliged scheme for Bitcoin traders and holders.

Whosoever wants to gain El Salvador permanent residentship they need to invest only 3 Bitcoins into their economy and that's it as simple.They have more plans ahead but elections are near and what the most eligible candidate and Iranian judiciary chief Ebrahim Raisi if win the election have plans for Bitcoin.

But at current El Salvador is making some serious and revolutionary changes for crypto market especially Bitcoin.
2707  Alternate cryptocurrencies / Altcoin Discussion / Re: Too blind to see on: June 12, 2021, 04:47:32 PM
We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Going bearish is best for investors and whales also as they want to accumulate more at this time.Investing at dips is the only strategy that works 100% in bitcoin and you can gain in the long term that's for sure.Even if we see any further corrections than it will not be problematic situation but panic selling is the main problem for market.Before we hit bullish trend and support is provided for further rise have patience and stay calm.This will work for you.
2708  Other / Beginners & Help / Re: Where is giveaway thread? on: June 12, 2021, 04:39:08 PM
I want to earn free BTC, but I do not know how to do it. Whould someone help me to do it?
The main highlight of your questions is "free" and do you really think that something in this world comes free of cost mate.You need to earn them even if it is fraction or a single penny.But If you are asking some sources then I would suggest:

1)Try some faucets who can pay you some Sathoshis but try to waste your time on legit ones as you would only earn around $4-$5 weekly or even not.

2)Make some quality post on this forum and rank up to get selected in signature campaign or join bounty campaign of twiiter or Facebook.

3)Play games paying you in btc but they are similar to faucets or even worse than them as paying you Sathoshis even for weeks.

4) Try to provide your service in any field you are perfect and ask the client to pay you in bitcoin or convert your salary into Bitcoin.

But all of them requires hard work and dedication but sorry mate nobody could help you in getting your "free btc".So stop day dreaming and work for it.
2709  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: June 12, 2021, 04:23:58 PM
Rollbit, I gotta say you have amazing features added with this casino.
The other day I was reviewing the video regarding Rollbit on youtube and saw the game named rollercoaster. Thats just beautifully crafted game and something unique as compared to other casino's.
The thing is we have trading put and call on the normal share market platform, but crypto casino offering it in the form of Game is something different.
Both games that is X-roulette and Rollercoaster are enjoyable. When I reviewed the video, these were my main positive points in the video which made me think now that is something innovative.

Hope I will be playing on these two boards soon.  Tongue

Rollercoaster game under the trading panel on Rollbit is one of the most exciting and unique game which players have appreciated till now.It provides you trading experience combined with your gambling.You just wager your amount and then select multiplier and just hit up or down and then place the bet.The bet will remain active for 24 hours and then set to 00:00 UTC and all the bets will be closed.It is 10x more volatile than real trading.You could also hit the bust price where you loose all your amount of wager.But you can also lock in manually your profit like setup a price where you can cash out your profit like say $100 or set a stop loss to $30 if you wish to do so.There are many other things which you can experience in Rollercoaster which is like price ups and down.Rollbit has really provided a unique type of game to the gamblers with this.You must also give it a try.
2710  Bitcoin / Bitcoin Discussion / Re: Is it true that this cryptocurrency/bitcoin boom poses a threat to Earth. on: June 12, 2021, 04:09:21 PM
The threat is in the form of increasing global warming which results in climate change. Generating Bitcoin requires a capable computer to solve complex mathematical puzzles and high electricity consumption. so that some countries prohibit mining for several other reasons such as in China and Iran some time ago. if so will bitacoin and others be able to run forever or is this just an excuse to change the green field to red..
I somehow think that what government or people who hated Bitcoin are succeeding in convincing people that Bitcoin is type of threat to our planet.So how well do you know the process of mining Bitcoin as whole like ASIC machines,memepool, hasrate,miners, cryptographic puzzles etc? Some cryptocurrencies are using POS which do not need any consumption to find solutions for block so you need to know that also.

Remaining the question of electricity consumption it has been discussed many times but in reality don't you know mining procedure have devastated environment from decades and cost of lives of many labour class.So we can also raise a question that is bitcoin taking life's of people unlike others activities like mining for metals like gold,coal,cobalt, lithium.

EV uses cobalt which is rare metal and they are exhausting it for vast consumption and destroying environment but nothing major discussion about them.Banks and other also uses high electricity consumption which is very less as compared to bitcoin.This only until 21 million coins are mined but other will still consume same or even more energy.So think about it.
2711  Economy / Speculation / Re: I cannot stop buying on: June 11, 2021, 04:40:44 PM
I think I am addicted to buying Bitcoin. I buy only little by little but this is too addictive. I still have some cash but that money is being spent on buying Bitcoin every day. Do you think this is wise or should I stop for few days?VidMate  Mobdro

Always keep some extra funds with you in your bank account in case you need them in emergency as btc is not mainstream and not accepted by all so you need to hold fiat or funds in your bank account.Putting all your funds like CZ can be risky for you as if it is down you might feel panicked and sell off at low prices also.You can cash out your profits at small intervals and carry on with investment later on.Rest your funds your choice.
2712  Economy / Gambling discussion / Re: MOTOGP Tournament - Betting? on: June 11, 2021, 04:28:19 PM
I was also fan of MotoGp events in my childhood like watching the race of sports bike striking against each other to complete the race first.The interest was generated with me regularly playing Roadrash game on my PC.There are many fans for MotoGP but as said F1 have some sportebetting events on sportsbet and some other casinos also.But if you are looking for MotoGp then I don't think there are any casino offering such bets.If the community as a whole demand from casino or sportsbook provider then we might see it introduced but at current it's not available.
2713  Economy / Economics / Re: El Salvador plan to make BTC legal tender on: June 11, 2021, 04:18:28 PM
A credible outlet and others have given credit to this news. El Salvador is one of the Central America countries that could be considered a failed state. Little rule of law, an immense number of gangs with thousands of members... The president is probably not the best economist out there, but he may be right in choosing bitcoin as legal tender and even right on the reasons to choose it. After all, having a currency only works if you can print a lot of it and preserves its value and nowadays those are only the USD, EUR, RNM and perhaps the sterling pound to a point.

https://www.bbc.com/news/world-latin-america-57373058

The current legal tender, USD, is managed by the FED and ultimately by the US government and perhaps is justified to change that to a decentralised network that has less political motivations under certain perspective.
They are the first country to do so and make Bitcoin legal tender which means you can use it like fiat and every service provider have to accept btc from the customers.The small nation where many users have mobile phones btc is best suited decentalized currency for them and hold them in their wallets.The memes have also iniated with this like one of the meme was that El Salvador is now having most valuable currency globally worth $35k at this time.So this was one of the main step in bitcoin adoption which can be support to El Salvador also.
2714  Economy / Gambling discussion / Re: We are all gamblers. on: June 11, 2021, 04:05:22 PM
Yes we all are addicted to something and this addiction can be of any type like smoking, alcohol,woman's,money,work,cars or any other materialistic or non-materialistic things in our life and they all have some risks associated with them.We take risks in our life like in gambling and get returns according to that like businessman takes risk to expand their business in order to fulfill profit motive.But one thing is which is that gambling addiction or any other bad addition can lead to some serious damage like financially, socially or economically.So we need to keep them in balance to enjoy our life happily.But in the other sense life is also gambling on which every bet placed can generate loss or profits.
2715  Bitcoin / Bitcoin Discussion / Re: Musk cares for $TSLA, not Bitcoin on: June 11, 2021, 03:56:05 PM
The Tesla price drop has nothing to do with the Bitcoin price drop.Tesla stocks were and still are overpriced.
Musk doesn't care about Bitcoin,just like 80% of all the investors,who bought Bitcoin.They care only about prices and profit margins.Everything is about "buy low,sell high".
Tesla would never cost hundreds of billions of dollars,if the government wasn't supporting that company with regulatory credits.



You mean the Elon Musk tweets didn't affect the price of Bitcoin at all but were totally irrelevant?
There is no doubt that all his tweets were intentionally made to manipulate the prices of Bitcoin.What @davis196 was trying to say was thay he really don't care about bitcoin and wants only profits which he made from $1.5 billion investment of Tesla funds and already made fortune from them.And these tweets were made because the government was funding Tesla from a long time and suddenly their support increased after he started making false accusations against bitcoin.He manipulated the market first to increase the prices and gain profit and afterwards make claims of energy consumption seriously dude? He was just messing up the market on federal signs.
2716  Economy / Gambling discussion / Re: Prayer and gambling. on: June 10, 2021, 04:50:12 PM
We have some spiritual or religious connection with God we beleive in although they all are one and we do have a beleif that we all pray before doing anything so as it goes in our favor and gambling is mostly luck based so prayers are more often done in these uncertain moments.I have also prayed in my mind that god please the number on the roulette is same on which I have placed bet.So for me yes I do before gambling.The other fact is that once we win our belief increases over more and we make it our gambling routine.
2717  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: June 10, 2021, 04:35:13 PM
Almost 7 dollars for the slow withdrawal... shouldn't they be reduced by now? Even other sites don't charge higher than a few bucks.
At very beginning I have thought that Roobet withdrawal fees was buggy so I ignored. However, nowadays the regular withdrawal fees around $6-7 with low priority that's heavy to all those small account holders. Suppose you would like to withdraw $10 however you will just get $3  Tongue
It all depends upon on the transactions fees over the blockchain network for eth and bitcoin and the prices are fluctuating each time.If you pay small fees your withdrawal will be postponed and high fees have High chances of confirmation.The fees are high for btc and ETH that's why many choose LTC as withdrawal option.Network congestion is main issue these days for many gamblers and small withdrawal always cause profit reduction in high margins but we can't do anything about it.
2718  Economy / Economics / Re: I want to start a crypto project, gimme advice on: June 10, 2021, 04:19:35 PM
So I have an idea, I identified the problem and the solution, I have the prototype, I'm working on the MVP.
I roughly know some of my potential clients.

What I don't have:
1. Team - suggest places where I could recruit people. I tried job boards, but I only got a ton application from newbies, when I need someone serious who will work for me for free, initially.
2. Money - where do you look for investors in crypto projects?
3. Followers - what stage is the right moment to start promoting a project?

Give me advice. (This is serious btw.)
If you have something in mind then you need to have a proper build up for that plan if you want to tell others about it in detail or even briefly.At least you should have a presentation ready with you to show to investors for fund raising.

Team : The best part is to recruit some of your known person from different fields like sales, marketing,developers,designers who will help you to make a departmental team work among all of them.Start with 5-6 people who you know closely or have crypto exposure

Money : For fundraising you need to have a proper speech to convience the investors even if the project is not sound enough or ready but your confidence should be high.Sources are investor's,family,bank loans, borrowing from friends, savings,rent out some thing,sell your property as many suits you.

Followers: Don't run for followers in the start just focus on your project and if it is quality work and interesting you will soon gain momentum easily as internet is widespread so it will fire out your news to the market.
2719  Economy / Gambling discussion / Re: Gambling tax proposal in Ukraine on: June 09, 2021, 01:20:56 PM
If you are getting legal recognition under the law of country at the stake of 10% tax proposals then it's not too high according to me because there are countries charging even higher tax amounts than this as shared by other members on the forum like France upto 84% seriously? Moreover house is earning a lot already so sharing with government to contribute for country's growth and social causes is not bad move at all.They can gain huge profits with increased customer base.But as casino owners will always have sharing of profits with third party as an issue but they need to think about it closely and accept this fact.
2720  Economy / Trading Discussion / Re: Sell My Portfolio for 75% of a Bitcoin? on: June 09, 2021, 01:01:29 PM
My portfolio has become quite extensive, in my opinion.

I am in about 10 different cryptocurrencies, all that aim to provide a lot of real world value.

I was looking at my portfolio this morning and realized I have enough to convert all of my coins and have 0.75 of a full Bitcoin. It has always been a dream of mine to own a full Bitcoin. Right as of now I only have about 20% (0.20) of a Bitcoin.

I know that Bitcoin will always be THE store of value, but I think it would not be wise to miss out on the other innovations the cryptocurrency space has to offer.

Let me know what you guys think.
See if we seriously talk about investing then we can diversify our funds into different potential altcoins that do not fully rely on Bitcoin growth and have development team behind them to support the coin in future.If you look at the charts as smart investor you would find that ETH,BNB have shown huge margin growth compared to btc this year.For example stimulus check of $1200 invested in btc would be worth around $5-$6k but the same for eth or BNB is $15-$17k which makes huge difference and traders have gained through this.But in the long run for potential gainers who do not want to make short term profits yes Bitcoin is the best option to them.So your decision is wrong or right it's your choice man.But you will not loose in the long run.
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