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2701  Economy / Speculation / Re: Bitcoin Is Approaching $17000 on: November 30, 2022, 10:43:51 PM
Indeed, other cryptocurrencies' market value are also in green marks which is a good makret indicator. Probably due to the hype of this last month of the year. But I doubt it would be continuous before this year end but if it will, then that would be good to have a strong start next year. If the market price would be in green marks for a somewhat consistent period (like 2weeks or three), there's a possibility that its market price will be back again at $20k and if it won't then it might stay on $16-$17k price range. Eitherway, holding for now is the best option until there is a clear sign of bullish pattern. Investing would also do so, if you can endure lack of assurance with uprise movement of cryptos' market prices.
2702  Bitcoin / Bitcoin Discussion / Re: My first encounter with Bitcoin circa 2010- meditative thoughts on: November 30, 2022, 09:41:43 PM
To those people who have encountered Bitcoin and this technology in general, way back years, did you buy an amount as an investment?If not, why? 'coz I also did not.At first when this 'thing' was introduced to me, I did not even put my attention to it. For me it was just the same with other digital assets. I've invested only on year 2016. Do I regret it? Hmm nope. Never engage into something if you're not ready. If I have invested at this technology's early years, there's a bigger chance I lose profit than to earn 'coz its market value was not that big. It just became popular when its price started to go up and that was just the time I invested into it. As I've read stories of other users; many regret not buying when its price is low. But think of people who managed to hold it for years or decade; there's only a few so not buying or holding that long, is quite a normal thing 'coz that ain't simple.
2703  Economy / Speculation / Re: Let's understand about what can be the actual long term holding... on: November 30, 2022, 04:12:10 PM
Perhaps 10 years is a long waiting period for many people due to the short human life, but your words are accurate in view of the investments that have achieved great successes and heights during a period of 10 years (including Bitcoin, of course), but in my opinion, the amount of investment in the long term should be rather large So worth the wait so long.
Also, the investment should be with money that you do not need only, otherwise you will find yourself forced to sell (even if it is at a loss) at the first financial problem you encounter.
Not to mention unexpected circumstances which is why for me, it is not surprising to know that there are people selling their assets inspite of their plan of holding it for decades. Indeed, the money one should invest should be also an amount he can disregard no matter what happen but things just don't work as simple as that. There will be instances wherein investors would be 'forced' to sell in order to solve problems on ither aspects or concerns. 10years is a long interval and there are many things that may happen during that period. With that, I think long term holding simply means hold as long as you can; no exact span.
2704  Bitcoin / Bitcoin Discussion / Re: Brazil Has Approved Bill Recognizing Bitcoin As a Payment Method. on: November 30, 2022, 03:37:39 PM


Indeed another win for Bitcoin and the cryptocurrency ecosystem at large.

Today, it announced that the Latin America country - Brazil, through their lawmakers, has approved Bitcoin as a payment method.

This simply means that Bitcoin is now a legal means of payment for goods and services in the country.
This is another win for Bitcoin and gradually, adoption is coming to Bitcoin and the entire crypto ecosystem.


Read full update on: Cryptoslate


In other words a legal tender. Just like in El Salvador where BTC was widely adopted for payments in goods and services. For me I think this is indeed a long term win for Bitcoin.

Although that it may not impact the price that much though, but maybe in the long run once many Brazilians would fully embrace Bitcoin as an alternative payment method.
Indeed, adoption of this technology won't mean that demand will increase in a sudden. It will only do so IF Bitcoin and other cryptocurrencies will have a function impossible for fiat and other fiat based digital currencies other than lower cost and faster transaction as well as anonymity with transactions, which would boost demand from people to invest towards this industry. This is a long term misconception; many people believe that once more countries allow usage of cryptocurrencies for daily transaction, price would go up eventually. But that's not true. There's a bigger chance that it will have a less volatile market value 'coz its supply will circulate on a daily basis unless it would be the only currency to be used which is impossible. So once this thing happen, will there be many people seeking for Bitcoin and other cryptos telling how advantageous it is compared to fiat? Let's be honest. This industry is so popular as an asset. But if it is regarding this industry in general being accepted by more countries, it is really a good thing for this technology, no doubt.
2705  Economy / Gambling / Re: Any Casino Android software on: November 30, 2022, 03:02:53 PM

Unfortunately, it is correct. The Play Store has a very low quality control, there is all kind of scams, malware and badly coded applications there.
I suppose it is true most of the casinos do not need an application, besides I assume most gamblers would not like to verify every APK version/update that gets published. It would be a hassle for many.

I only commented on me looking for an application, because I have got used to applications instead browsing, when I can.
I think the security on 'regusterint' an application in playstore isn't that hard which makes it accessible to bad people in different industries involving payments and transactions. AI have a colleague which is a programmer and he managed to list his application in the said platform and when I asked him, he said he just complied with certain requirements, which gave me this idea. But if proper background checking will be done, wherein casinos may post their affiliation with the apps in the market, I think a player would be able to find a legitimate gambling platform in his/her preference. But I suggest local gambling sites still which can be played in browsers. I think it would give you more assurance that you are playing "live" than recorded stuffs wherein odds won't be on your end.
2706  Economy / Gambling discussion / Re: My Unconventional Betting Strategy on: November 30, 2022, 02:20:09 PM
They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began. Also, it minimized the losses and everyone goes home happy.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.
Your analysis is the strategy and not the way how you guys get a capital to invest because that's the thing which contributed to the outcome, so that would be more helpful to be posted in this topic which you may consider. Well, what highlighted on my end is the bond which you have mentioned. Atleast whether you guys win or not (ofcourse winning would be more preferred), you have enjoyed the experience itself which is not evident to many gamblers who are just seeking money from this activity or industry in general.  What is unconventional on my end is betting at night. I am not even having basis with this one, but as I have observed my guesses turns out to be winning bets. I consider it as a coincident but I'm on a 2 week straight wins already. Maybe our brain is just more active at night which helps us to analyze accurately.
2707  Economy / Digital goods / Re: Profitable and Growing Casino Website for Sale on: November 30, 2022, 12:51:41 PM
If your platform is making such turnovers every year, then it's safe to say that your platform is somewhat known and has enough patrons to support your growing business and continue moving forward. I would understand if your reason of selling is because you want to handle another business, but it kinda gets sketchy if you managed to get that amount of turnover in just a year, without ever having an instance of going under. Also, you did not specify what kind of a gambling platform are you. Are you a sportsbook, a casino, or both? That would also help interested buyers gauge their profitability and their interest on what you're selling.
That's also what I thought of. When a business is profitable, there must be a reason as to why the owner starts selling it.

And for OP, if you can't find any potential buyer here. You can just post this on a website like flippa.com where businesses and domains are for sale and they're known for that.

There are too many operating businesses there that are up for sale and aside from the forum, that's one of the best place where you'll put this sale thread.
^I preferred to create an on my own from scratch casino than buy it from someone who I don't know.
That is right, you may start thinking why OP sells his gambling casino if it is a profitable business. Op can run this to gain profit in the future and not sell it to anyone. However, I did not know if the price is worth it if you really want to buy a casino, $1.5m is enough to start your own gambling casino and sure that amount sustains even if you have ads. So good luck to OP, I want to hear if there is someone who are willing to buy.
There are businessmen that has this strategy of buying established ones and that's totally fine. If you think that you can create your own brand and make it a well established casino or business then that's on you.

But for a businessman that just wants to acquire businesses just what Elon did to Twitter, that's really happening even in the casino industry.

Although, on the case of OP, it's a lot and the valuation is that much. Maybe go somewhere else aside from flippa.com like in dragon's den or shark tank.  Tongue
Indeed happening not only in this industry but also to real estate businesses. But there are factors being considered if you are about to buy an established business or platform perhaps in this case. Factors such as its reputation if it was released to the market already, and if it would be more profitable to do so than to build a new one regarding costing. Buyer would surely know the answer because he's the one to gauge risks. Ofcourse potential buyers would also do the same thing. Another thing is if there will be things to add on this platform which would mean additional costing for the platform. All of these, just to measure if it would be worth buying something.
2708  Economy / Gambling / Re: STAKE SCAMMED $100K AND NOT REPLYING EMAILS FOR 6 MONTHS on: November 30, 2022, 12:15:32 PM
I don`t think that the problem is the stake. The trust shows us the fake KYC, so it looks like that the OP tried to cheat casino but was caught.
This is some very interesting case here, so does OP stand a chance of getting his or her money that he claims Stake owes him after winning Huh

And issue of Fake IDs, well am certain the OP was protecting his identity because we came from an era were crypto  services were all labeled with words such as anonymous etc and no one had to worry about KYC but I guess times have changed Roll Eyes Out of curiosity, what do the terms and conditions on such matters state if a client is found playing fixed matches, does he have to lose all his/her coins,and how do you prove this claim because winning runs do exist!
The fake KYC is an additional problem. But it is a problem too. And about winning. If we will play and i will cheat will you give me your money? I don`t think so.
Of course it is possible, that the OP tell truth, but i don`t believe such threads with huge red letters and without proves. Anyway soon we`ll see the answer from askgamblers.
Ofcourse proofs would make it more convincing. Allegations and accuse won't make sense unless it would be supported with evidence. Also, not to be biased but as other users in this topic have mentioned, this ia an old issue wherein it was also being discussed in the main thread. With regards to fake ID's and accusation of fixed matches, as well as penalties, that would be between accused and the gambling house. But if this is true, I'm sure it won't be limited to a player alone; ut will be evident to many players but why are there only few allegations coming out and without fair proofs? Which gives a more emphasis with being balanced to both ends; gambling platform and player in this case. Stake is not a new platform in this industry and for sure they are handling cases of such with basis.
2709  Economy / Gambling discussion / Re: Qatar World Cup Betting Tips on: November 30, 2022, 11:34:48 AM
No one can sure predict in football match.Cz everything can happen here. Some match were very unpredictable this world cup.Can Brazil win against Switzerland without Neymar?Neymar is big player for Brazil  but he is injured. Switzerland also good team, they played very well in Qualifier and practices match.I think, both team can be win this match.


Of course no one can predict that who win the match. It is too difficult to predict that who will played well and show good performance in match. Just like a first match of Fifa world cup between Saudi Arabia and Argentina. Everyone know that Argentina won this match. But Saudi Arabia won. But Brazil Team good and also win this match.
Actual performance would be difficult to be predicted but atleast you can make an educated guess based on your analysis with previous matches and overall stats of a team or specific player,  which could determine the possible outcome of the match- the idea behind sportsbetting. Biases would also work sometimes but unfortunately there are times wherein resulta are being manipulated but this often happen only with small leagues or tournaments. If that's the case acceptance and moving to another sport or league perhaps , would be the best thing to do if this instance is obvious and proven otherwise you have to endure losing often unless you are lucky enough to guess which team is in favor of the manipulation.
2710  Economy / Gambling discussion / Re: How is the reputation with Crypto Gambling Foundation? on: November 30, 2022, 10:46:20 AM
Gambling is undoubtedly a leader in the entertainment industry. Betting allows players to participate more actively in their favorite games. Most importantly, it will enable you to turn your passion into monetary rewards. But cryptocurrency gambling has changed the approach to the domain itself. In 2020, people started working from home more. Because of the pandemic, people started working and doing their business at home. This provided the perfect atmosphere for online gambling and gaming. Players no longer need to leave their homes to bet and win big with just a few clicks. But how does online gambling fit in with cryptocurrencies? For example, with cryptocurrency, transfers and withdrawals happen in minutes, giving you complete control over your payments. This way, I have withdrawn my earnings more than once on https://kingjohnnie-casino.com/.
Entertainment? I doubt. Entertainment is a big industry. But realistically speaking, gambling still has a bad image in the eyes of civilians wherein we cannot change in an instant. There will be another generation to break the bad impression. But something to appreciate are governments considering regulation through taxes. It somehow a win for this industry than to be completely prohibited.
Well not all gambling sites verified by the foundation could be trusted. Sometimes these gambling sites are following the rulings ans protocol at the same time but it could never assure that the team or dev creating the site will not going to scam its clients especially if there are huge deposits to be made.

Some decisions are subject for change and there is no constant in this world except for constant change.

maybe they can attest that the sites are running provably fair system, but when it comes to withdrawal issues, they may not assure that all of them will stick to their rules. as this will be subjective, depending on the issue of the player to the site. but the list is already a good one. based from their thread here in the forum, membership is free as long as you are keeping tabs with their guidelines. so don't know how they are earning from this endeavour? maybe donation or such.
This is unending and ofcourse, sites won't declare whether they are scam or not, technically, it is indeed subjective but on their end or simply one sided in favor of them to victimize players. No matter how you attest; if they are not really paying then they won't. The only thing you could do is to report them and to help other players avoid such platforms.
How do you feel about crypto gambling in casinos?
You shouldnt bumped a 3 year old thread which is considered necro-bumping which is against on forum rules.
Better not to do it again.

About reputation and since this is an old thread then it isnt updated.
The ones which i do really trust up when it comes to gambling site recommendation
are BTCGOSU and Cryptogamblingbro and the rest are piece of shit and
cant be trusted.

The topic is quite timely since it speaks for present reputation if this industry so somehow, it makes sense. Indeed, through years, more gambling platforms keep on rising and fortunately that included good ones which are popular at this moment. If things would be more developed for this industry, we might eventually know which is which in terms of legitamacy of gambling sites and those which are not.
2711  Economy / Speculation / Re: Bitcoin December price on: November 29, 2022, 11:48:09 PM
Good thing that we are now seeing green marks in the market such as with 'main' tokens. A good indicator in my opinion but won't guarantee recovery before this year end. Problems and issues are still fresh on investors perspective which might give them hesitation whether to invest or not at this point. To some, it would be good to invest already but we cannot blame those investors who are waiting for a clear trend line before they engage investing in tokens of their preferences. I'm guessing that the market price could go up to $18k if green marks would a bit last long before this year end. And if not, maybe it would be firmed with $16k. So for now holding and waiting, I guess, would be the best thing to do.
2712  Bitcoin / Bitcoin Discussion / Re: Will countries ban Bitcoin mining due to environmental concerns? on: November 29, 2022, 11:03:32 PM
You know starting from the first time government you and I know better does not what Bitcoin to continue to exist, so any country or place mining farm is situated they will to impose force of rejection of mining processes there. Yes we know that mining of bitcoin consumed a lot energy during the processes of mining, but proven that their is a formidable tax being paid for electricity supply for mining farms of bitcoin i don't think that government is supporting the life of bitcoin because they would have allow it to be.
Actually it depends on the country and their government. They are not all the same dictatorship wanting to shut down anything they cannot control. For example el Salvador government has been accepting bitcoin with open arms, if they could manage some excess electricity they would accept mining with open arms too. There are others like that too. For example the Iranian government has accepted bitcoin mining with open arms too specially since the electricity is by far the cheapest ($0.002 /KWH).
Technological mining does not cause that much harm to environment. It is not literally the same with mining concerning land and minerals. It only uses electicity and ofcourse equipments. If it is only electricity which is concerned, then governments could demand miners to use solar panels. Also, it is another thing if prohibition is directly towards usage of cryptocurrency. An individual can mine Bitcoin and be not allowed to use it for daily transactions, as simple as that. Governments are just wanting taxes and they just cannot do it with currencies other than taxation. Sk if it is mining alone, then I guess it would be a blurry reason for them to ban such activity, especially if it won't be announced and such.
2713  Alternate cryptocurrencies / Altcoin Discussion / Re: After FTX collapse, some call for a return to decentralized roots on: November 29, 2022, 10:31:06 PM
Neither we should trust DEX smart contracts to store them for too long time. As at least when we trust CEXes, they get sued after messing up, You can't sue a faulty hacked smart contract. And what comes to praising decentralization in general, it almost always has centralized elements. Like wrapped btc that just got depegged supposedly because of Almada Research minted it a lot.
DEX also cannot be fully trusted, because some DEXs are managed by scammers who will easily take our assets. As you said, no one can sue Smart Contracts if they commit fraud and take the assets of the users, they will just disappear. In contrast to CEX which will be demanded by its users directly. The main security is actually in its own use. they must be aware that crypto is very risky, and must be really good at keeping their own assets safe. A personal wallet is a safe place that can be managed alone.

No matter how you look at it, exchanges are not meant for your assets to be stored with, for a long period of time. For reasons even if the FTX incident happened; people would get easier access with your funds especially if you are using mobile phone. Unlikely with wallets wherein you'll be needing passcodes from time to time you are accessing your funds which means better security.Another thing is being easily tempted with making your action such as selling or buying. Decisions should be well backed with ideas before engaging into it. If your funds will be stored in wallets, you'd be more hesitant 'moving'. These are just more practical reasons why putting your assets in a wallet, would be much better. Practical and logical reasons of why it should be done is better than to think of reasons because of the recent issue, which may just feed the worries of new ones in this industry.
2714  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the next crypto craze? on: November 29, 2022, 09:54:52 PM
I'm not quite sure. Things are just hard to predict in this industry. From ICOs, Memecoins, P2Es, and NFTs; no one managed to predict each of these trends' emergence. If I am about to guess the next trend, maybe it is again ICOs. Why? Campaigns are slowly coming back this year and I think it would continue for the next year to come. More projects are being released so I think it has a chance. But if there will be something that would rise, which is for sure, existing already in this industry, it could also be 'halving' of token which is somehow ringing a bell already this year. Bitcoin's next halving is believed to happen in 2024, and I think it could be the next big thing for this industry. I've mentioned different thing since we are talking about 'trend' and halving, alone, is not.
2715  Economy / Speculation / Re: Say. Bitcoins, not "cryptos" on: November 29, 2022, 05:17:46 PM
I hate when people lost their investments when they invest in shitcoins and then completely blame on Bitcoins. I mean they don’t care before investing a huge capital, but as soon as they lose the money, they just starts complaining. Bitcoins won’t disappoint it’s investors. I am not saying this, Bitcoins itself proving this. See the marketcap of Bitcoins. This is enough to prove what Bitcoins are capable of. Moreover due to the fixed amount of supply of the coin, definitely the price will go up in future. So yes, don’t panic and chill a bit.
Well that is really a different story. People tend to use the word cryptos separated from Bitcoin because altcoins are from projects mostly. And I think there's nothing wrong with that. They are having different  attitude across cryptocurrencies. If people are used of investing not only in Bitcoin,then that's just fine. We are different individuals and we have different perspectives when it comes on this technology. Also, golden rule is to diversify your investment than to just settle with it and wait for money to come into your wallet
 Let us accept it; profit from altcoins or other cryptocurrencies are bigger than what an investor may get from Bitcoin.
2716  Bitcoin / Bitcoin Discussion / Re: Bitcoin,the bedrock of investors. on: November 29, 2022, 04:37:21 PM
Bitcoin has had so many positive impact on people's life especially investors to the extend that they can't do without it,( investing in it.)So many people today who started from the scratch,investing,have found their way in life,and till tomorrow,they will continue to give an encomium on Bitcoin.
Aside from profit, what are the other positive impacts of Bitcoin to one's life? Many people indeed earned huge amount of money not only from Bitcoin but to other cryptocurrencies as well. But that is enough with gaslighting its flaws. Investors cannot do their 'investing' habits without Bitcoin? There are other assets which are less risky but are profitable such as with stocks. Investing to cryptos would be more profitable but that would also mean bigger risk because of too volatile market price. We just tend to highlight positive sides of a crypto investor story. But try asking big time investors on how much did they lose before reaching that certain point. Makes it no surprising why ither investors moved out. Simply because we have investment preferences.
2717  Economy / Gambling discussion / Re: Your Favorite Casino Games with a Buy-In feature on: November 29, 2022, 03:56:11 PM
I prefer getting the special bonus feature to a game naturally through good luck even if randomly that leaves me without sometimes.  I know the buy-in is convenient and definetly an attractive option to take and save alot of hassle but I also literally like feeling like its a win just to trip the bonus round feature even thats really not the case the bonus can end without any great reward.  Its part of the game, I dont want to take the short cut though if Im short of patience I might change my mind also.
To some people it gives more of a challenge or simply making it more fun. But to some, perhaps those who are just into profit, they'd choose convenience or getting it in an instant to generate profit from bonuses. Eitherway, nothing's wrong; it is just a matter of gambler's preference. On my case, I'm siding with people who would prefer getting it through unlocking the feature such as complying with some in game requirements or such. I don't know, maybe I am just satisfied with making it literally as a "bonis" from playing. But with games having buy-in features,  unfortunately they are already mentioned by users in this topic and they are Money train and that zenith thing. Well, I enjoyed it but I just enjoy other gambling games more; oreferrably traditionals.
2718  Economy / Gambling discussion / Re: How was your first attempt to play gambling on: November 29, 2022, 03:15:33 PM
I had my first timer's luck. But after that, I've lost countless times so I temporarily sropped; I was just in high school that time and that was a card game I guess which is similar to poker. The next time I tried playing was in college already then I just came back playing three years ago. Through the years of playing, I've experienced various gambling games but I am now currently playing on sportsbetting. I find it more enjoying since I am into sports; gambling is a bonus
The first time I decide to gamble is I gamble blindly and spent all of my money in order to double or triple my money, but in the end I loss everything. After then I learn to not use all of my money to gamble and I have no intention to recover my losses, so I only gamble what can I afford to lose. Until now, I have a good mental and gambling habit, so I can control myself. The main important of gambling is for fun, not to chase profit.
Atleast you have experienced and became aware of what greed is than to learn it the hard way. Given how addictive this industry is, people who are wanting to engage with this activity should really be knowledgeable of what they are trying to go into. Things are just not as easy as it may sound and one thing I learned is that, some are just lucky and not everyone has that.
2719  Alternate cryptocurrencies / Altcoin Discussion / Re: Why ETH price keeps decreasing? on: November 28, 2022, 10:48:33 PM
Ethereum is second too coins and there should be no worries about Ethereum price. It better to stake it in Coinbase,then you can trade it into cbeth then from there it can be sold for cash or whatever. I recommend keeping it staked though, the returns are alright if you're prepared to just leave it. I'm planning to buy more and keep it staked so at least it's doing something instead of being sat about...
Majority of cryptos' market value are falling at this period due to factors and if you guys are not new in here, you'd worry not much. Part of its volatility are periods of ups and seasons wherein prices are down or struggling to uprise, just as what we are seeing at this point. If you're quite tied at the middle, then holding would be the best thing to do and avoid selling ofcourse. If you are planning to invest on the other hand, this is a good point to buy but don't expect profit in an instant. At this moment, it is still not clear when will bullish trend enter the market. So invest only what you can afford losing(as being mentioned x10 daily in this forum LOL). However if you cannot endure market downs, then wait for the trend line to be clear before you enter.
2720  Bitcoin / Bitcoin Discussion / Re: When You Heard About Bitcoin For the First Time? on: November 28, 2022, 09:55:26 PM
This is my most painful memory. In 2011, my brother asked me to borrow money to buy a computer to mine bitcoins. I searched online for what bitcoin was and it said it was a scam. Then I turned my brother down, he was young and he couldn't carry out without my funds. The second time I heard about bitcoin was in 2019 when my boss introduced me to bitcoin again.
Just a normal impression by people who are not yet aware of its potential and that is just okay except for the regrets and such. But it will never be too late to engage with this developing technology. There is still that 'promising' future ahead for this industry. For sure there are people who had the same experience; being introduced to cryptocurrency before and not paying that much attention 'coz at first it won't be interesting if you are not really into it. What makes this technology interesting is the profit to be earned from investing and its nature of price volatility, atleast for now. It may not be interesting as a currency to some at the present, but anything which generates profit is wonderful right?
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