Consider that there would be at least 10,000 users then giving out some perks according to birthdates will really cost you as a business owner.
Yeah, that will cost them a lot yearly but if they're really earning a lot from their customer. They would probably remain generous to their loyal customers even it's not their birthdate. And these customers are then able to be loyal to them forever. In fact, a surprise present to all of their customers wasn't big enough to cut their profit, that probably just a very small amount. And as it helps to keep their loyal players this will also able to attract more gamblers, a sort of strategy that has a big possible return as well. But, this comes to think that they will ask to comply and fill up the KYC form as a sort of verification which might complicate the situation, and for sure, not all will do this. You just can't be sure that a customer would be loyal to them forever. But let's say maybe 5%-10% of that number, they're the real loyal customers. Whatever gimmick they want to just to keep their loyal customers, they can do that. And this is the same as that giving present or a few bucks for their birthday. But yeah, the twist is if they've been verified and passed the kyc. |
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I'm still telling that to people personally that are asking me about investing in bitcoin and in cryptos in general. There's this worry that another heavy inflation might crash the market anytime soon so it's really necessary to invest in bitcoin.
I agree that it had became less risky right now due to many institutions that have adopted it and as well as some countries that have a positive stand towards it.
I've seen also that this time, more people are engaging into investments and their easy option is investing in bitcoin so I think it works that when we educate people, it reflects.
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Yeah, many people don't give much importance to it. However receiving something on the birthday makes people happy. In such a way I've received birthday present once. Stake is the only gambling platform from which I received birthday present. I don't know how much dollars I received, because it was during its first year of service. For me it was new to get a birthday present from a casino.
I don't have the experience that a casino giving me a birthday present whether it would be $1 or $5 or $10 or any amount. But it is a fact that whenever it's our day and someone gave a present, that's making us happy. It's a sort of recognition that you're remembered on your birthday. I wouldn't still register with the mentioned casino by OP that has given him his birthday present. Consider that there would be at least 10,000 users then giving out some perks according to birthdates will really cost you as a business owner.
Yeah, that will cost them a lot yearly but if they're really earning a lot from their customer. They would probably remain generous to their loyal customers even it's not their birthdate. |
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I received an email from bitemark on the 5th of December informing me about an attack on its got wallet which is hosted in two blockchains Bianca smart chain and Ethereum blockchain. As a result of that a total of $200 million worth of assets ranging from Bitcoin, baby don't, and some other coin. The news of the reimbursement came as a great relief to victims.
That's good news for the affected users of bitmart. Next time guys, don't put most of your funds in any exchange. Even they are the most reputable and secured exchange, through updates, the infiltrators can still attack them as much as they want until they're penetrated by these hackers. If they have insurance, then the insurance company would have come down and taken a look at how they do business, security practices, and so on.
Then the insurance company, goes back and comes up with an amount per month / quarter / year to cover any loss that might occur. And if one does they investigate and pay.
Does not matter what business that we are talking about. Be it an exchange or anything else.
So if they did have insurance, they the way they operated WAS insurable. And they were operating that way, because if they are getting money you can be sure their insurance investigated before they wrote a check that big.
If they did not have insurance and are covering the loss out of pocket, how much profit are they making to cover $200 million?
-Dave
I only know Binance as having insurance (SAFU), but this bitmart exchange, honestly, just heard this exchange because of this recent hack. Also, if the OP can give a link so people can read about this recent hack. https://cointelegraph.com/news/bitmart-pledges-to-reimburse-hack-victims-as-crypto-community-voices-supportFrom the article, it is stated that the exchange will shoulder the losses. So don't know how they will cover those multi-million dollar losses. For their users, check their fees later on. The explanation about insurance is already enough for them to cover the loss for their customers. So if it's a fact that they're insured before the hack has happened then there's no problem for them reimbursing it and there's no need to question how they'll refund the affected funds. Because the most important is that the funds will be sent back to their customers who lost funds with them. |
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1. coinmarketcap.com
2. coingecko.com
3. coinpaprika.com
4. coindesk.com
5. cointelegraph.com
Each site has its own unique features. Each site is famous in different way. So I hope everyone's opinion. Hoping to learn something new.
I always use Coinmarketcap and Coindesk sites.
I mostly use all of them. But if all of them are useful, we are free to use all of them as much as we can. And for the news, it's best to source every possible news that you want an accurate one with every news crypto website that you want. Doing that will make you find out the most accurate and relative news. |
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I have taken 3 good choices, I think all three are very good to invest with the time of the market correction as it is now, my current choices are, matic, cardano and shiba inu. I'm sure the future of this coin will provide real benefits for me.
Of the three coins you mentioned, I'm only a little hesitant about one coin, namely the shiba inu, shiba inu is a meme coin although the coin is on the top of CMC list but I think it's quite risky, apart from that everyone also has their own views on coins I'm not also a fan of Shiba Inu and other meme coins. Before it was fine to get into Dogecoin but when there's a bunch of them came out which includes shiba inu, it's no longer fun IMO. We have the same view with it because we don't think that it's a good investment anymore. It has already gone to the top and we don't think that it will reach the top again. Matic and Cardano on his choice, they're quite decent IMHO. |
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Going back on this thread after seeing that you're now having your campaign in the future. Just as expected, that later you've answered did happened the soonest.
Your campaign is in good hands so good luck in the future of bets.io and keep it up that you're getting the attention of everyone and, remain active on this thread of yours with the same attitude.
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I think they've put the right term of what margin trading is and that's about 'betting'. I guess those newbies would be seeing that clue that margin trading is literally a gamble.
A promo that would want other users to try them with that feature. But I agree that the newbies that will receive the email might go in that promo without understanding it since they might just look at "amplify your profits".
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the best thing is, crypto user always calm than newcomer or rich + newcomer.
Calm and laugh, it's actually a good point whenever the market has been dropping like a bomb and many can't take to watch how those reds and lines are going down. But for someone experienced and who have been seeing the rise and fall of the market, it's just a normal thing to witness. Personally, I have remembered those people that made fun of me years ago when I've mentioned bitcoin and talked to them about how I started. Well, no heavy feelings now. Just enjoying what I'm seeing in bitcoin together with everyone who has it. Actually you can't do anything when the price is falling hard. And you should be mentally tough to face the music, that is part of the market as well. Well you can laugh and then strategized your next move and think happen, play a lot of scenario in your mind and what you are going to do so at least you will be prepared and then you can laugh more.  What a holder thinks of what's going to happen is recovery. So just laugh and do not be discouraged whenever you see the market playing too hard and has kept on dumping. And yeah, be tough and do what's necessary. Like if you see the price of bitcoin has dumped and it looks cheap to you then, there's nothing you need to do to but either watch and remain calm or buy. |
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I often read lists of tips and other best practices in the Bitcoin world, but i thought it would be interesting to share the worst Bitcoin advice you may have received throughout your adventure in this incredible monetary revolution.
Sell bitcoin and buy shiba. That's from someone I know personally who's just new to cryptocurrencies. He thought that he's good enough already and I've just asked him what's he's invested with cryptocurrencies since I've seen his wall which is full of crypto posts. I didn't give him an idea that I've been holding for so long and just told him that I hold a few bitcoins which is approximately 0.002 BTC. What I've told him that I might consider that but I don't want to tell him a feedback because it might hurt his ego. |
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That's really the usual thing the bank goes even if we're going to withdraw a not so huge amount. They need each detail as per records for them to put it on their database. I remember there was a time that I've put it on the form when I was asked where the deposit came from and I've said bitcoin.
The teller doesn't seem to know it and I don't know if she just ignored it or included it. And to date, that bank where I've done that deposit is now one of the strictest banks that don't allow crypto transactions.
Really such situations make us realize how fortunate we are that we're the ones who are holding our money.
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the best thing is, crypto user always calm than newcomer or rich + newcomer.
Calm and laugh, it's actually a good point whenever the market has been dropping like a bomb and many can't take to watch how those reds and lines are going down. But for someone experienced and who have been seeing the rise and fall of the market, it's just a normal thing to witness. Personally, I have remembered those people that made fun of me years ago when I've mentioned bitcoin and talked to them about how I started. Well, no heavy feelings now. Just enjoying what I'm seeing in bitcoin together with everyone who has it. |
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People needs to be careful , there are people like this who claim to be expert. They tell people they are investors who can pay money in bigger return and if you fall for it and give your money that's the end. Know who you give money to invest, do not trust every one who says he is an investors.
I know that most of the people that are telling that they're good in trading are totally scam. And those that are actually good in trading, don't ask for any investment from anyone because they can generate it for themselves and have it grow with the usual process that is taking a lot of time for them. @OP should have doubted it and criticized it first that with a small amount, the odds of making that big within 4 days is totally low. Well, these scammers really know how to play with our minds since many of us are greedy and wanting to take easy and quick buck. |
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The campaign that bitvest has was postponed and have no idea when it will be back. They've been waiting for so long and they're no longer paid to promote them. OP's situation is also the same with the others that have been stucked with their hot wallet and cannot process their withdrawals.
The problem really is on the management which was one of the best before but now is hanging on and we have no idea until when they'll be back to their best and normal. I'm sorry OP but no one here can help you on this matter but only the owner which we have no clue when he's going to be back.
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Everyone wishes to see the continuation of the bull run and who doesn't like it? Probably those that didn't stacked up during the dip. Well, they still have a chance as of this moment.
The continuation of the bullrun cannot be predicted but for me it is difficult to see now, the end of the month always says "buy dip" take advantage of this opportunity for me there is still a chance even though the price keeps changing. When the bulls come be prepared sometimes it makes us like it more and start it, but at $47k it's a buy before it flies. I think we should be more prepared if the market continues to sink. Just as what we're seeing today, it's very likely that this might continue and would be possibly reaching $45k anytime now. We do say that it's good to buy whenever the market falls like this because it really is. And those that see the opportunity during this dip, they're the ones that are taking advantage of it and we're one of them. If you still don't think that this is the fall and there can be a lower price soon, do DCA. |
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We can not know where Bitcoin will go after December and to be safe, you should close your position before those days.
It's been a year since the bull run has started and this is right that we don't know when it'll end and what's next for it. Just a while ago, it pulled back again to $49k. I thought that it will be another series of staying there but no. We are uncertain if bitcoin will be staying to $50k this time and it's only possible if it goes up and surpassing $52k and above. Bitcoin remains to be unstable and everyone has no idea whether its value will surpass $50k and create a new rally, or just another bull trap again that after we wake up, the price is slowly coming back to $50k below again. Maybe we should be more observant on the market this time as bitcoin remains to be uncertain on what will be its next move. Yes, maybe if it will surpass $52k, then we will see more chances that bitcoin this time is set to reach its new ATH and before the end of this year, we will end up having another bull run hopefully. It will always be unstable. Actually, it was back to $51k before this second wave of plunging came. It's really unknown when it shall be stable there. And right now, we're looking at it at $47k. Everyone wishes to see the continuation of the bull run and who doesn't like it? Probably those that didn't stacked up during the dip. Well, they still have a chance as of this moment. |
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Thank you for your interest in our brand!
- KYC - the verification procedure will be requested in very rare cases, only in case of suspicious activity. Since we do not issue bonuses with a bet greater than x5, there is much less suspicious activity.
This is good to know. Just like the other known and reputable casinos, they will only ask KYC for some important instances. That's how it should be. Because in other casinos that are new to the community, they're just hiding that they are requiring KYC for their all users. At least you've made it clear that you're only doing it in rare cases if it's needed. |
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In general, it should be remembered, not your keys, not your money, and you do not trust anonymous exchanges.
This has always been the case. But with the bunch of new comers that would think it's safe to keep their funds onto an exchange since it is secured and thinking that they've got the best security that would make them feel assured. That would make an unstoppable reminder that people should never keep their assets into any exchange, popular or not. People never ever learn until they do wrekt up their asses or simply lost up their money.Its never been ideal on storing up your coins on an exchange not even on popular ones.How much more into those not known or not really that popular? Risk is really very high and you shouldnt crossed out the probabilities that hacks could really happen on an exchange which it isnt surprising. So another exchange platform bites of the dust and this is always been a honey spot ground for those hackers yet they know that they could pull off millions of dollars. For many times that we've seen a lot of exchanges being hacked, still people never learn. But it's all due to newbies coming to the market and they're not aware of this precautionary measure. Learning their experience on this hack, those affected ones is quite expensive if they've got their all assets on it. But to those that have mild affection and they don't have most of their assets there, they'll get themselves hardware wallets. |
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This is good for those that cannot control themselves. There's now a tracker if they're still fine gambling according to their budget and limit that has been set by that app.
There's now some solutions that are being put to those that cannot control their spending habits with gambling. If this goes on and becomes effective, expect that there will be another project and company that will do the same product.
If a gambler cannot mentally control himself,no app in the world is going to help him to control his gambling. I wonder what's the business model of Draftduel.How are they going to make money by limiting the amount of money,that were spent by the gamblers?Are they going to charge a fee for using this app?Are they going to use affiliate links to promote chosen casinos? It seems to me that this app is focused only on the fiat gambling industry,where the players are using debit and credit cards.The crypto gambling industry is left behind. Anyway,I wish them good luck with this project. In my understanding, the gamblers has to register on their app so that they can be tracked, the spending habits. So it's still voluntary if a gambler wants to seek help from such app. But if they don't want too, well, we're all free to do whatever we want. I think there's a fee for using them. I don't know the whole matter for that thing, maybe as they launch, they would offer limited free help. |
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We can not know where Bitcoin will go after December and to be safe, you should close your position before those days.
It's been a year since the bull run has started and this is right that we don't know when it'll end and what's next for it. Just a while ago, it pulled back again to $49k. I thought that it will be another series of staying there but no. We are uncertain if bitcoin will be staying to $50k this time and it's only possible if it goes up and surpassing $52k and above. |
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