Does it have to be valuable? Why are people so obsessed with the price? They only think crypto currencies are here for helping people make profits through quick investment. I mean, lets just focus on the main goal of crypto currencies? Bitcoin was invented to be used as a form of currency, not as a form of investment to make quick profits! Trust me, if crypto currencies go mainstream and are used as regular currencies, the price will be much more valuable than gold. Focus on developing and spreading facts about it instead of comparing it with golds and other things.
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Good that it has happened. More such shit exchange should be taken down, but unfortunately those shit exchange operate illegally and hide themselves very well. I guess coinbit was legally operating in South Korea and was faking the volume. Coinbit, South Korea’s third-largest cryptocurrency exchange, has reportedly been seized by police over allegations it faked most of its trading volume. In its report, Seoul Newspaper said it had been informed by insiders of corruption at Coinbit months ago and that up to 99% of trading volume was "manipulated" on the platform. Police allege wash trading at Coinbit had produced over 100 billion won ($84 million) in faked income.
But, looks like they were manipulating the volume not to attract more users or pump fake coins. They faked it as "income", so sounds like they were trying to or helping some launder money through their exchange.
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There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?
All those "tokens" you are seeing will die eventually. I doubt any of the existing coins/tokens will be able to take over ETH. The new coins/tokens/projects that pop are just some shit projects/coins that are here to scam people. We can never know if a new coin take over ETH. Perhaps if such a coin is created that solves almost all existing problems of ETH, maybe that can take over ETH in price value.
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This was bound to happen. There is nothing we could do. You would be surprised how the different companies had to close down their outlets at different places due to the pandemic crisis. Recently more than 250 pizza hut outlets were shutdown and most of the people working over there lost their jobs! Looks like the restaurants has been hit the hardest due to the pandemic. We still had to see this even after most governors tried to put economy before lives.
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Its not a about Medical issue. Its just smoke and mirrors. Its a about Economic issue. Becouse the strongest covid restrictions are in places where debt is highest. But the government had to hide this otherwise If they would telling the truth the more panic would occured!! The covid smoke and mirrors is not bad idea The rulers who run world are smart like me But they are much more smart If I would run the World I wouldnt not know to use this covid fake Thing I Wonder how they Got that idea covid 19 to hide their Economic debt bubble and liqutity problem? Are you one of those guys that also say that the virus is just a hoax created by the liberals to tank the economy? lol. So, how do you think this is helping the government to hide the "economic debt bubble" (not even sure if you exactly know what an debt bubble is) from the people/world? And you are saying people are *not* dying from this "covid fake Thing"? Please add more to your conspiracy theories. Start telling people that those who are dying are faking their death and is getting paid by the government to do so..
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Didn't hear about valorant before (probably because I don't get enough time to play games now ) until now. Does look like csgo (i used to be a huge csgo fan back then. Would love to play again!) but a bit more childish lol. But all those skills and stuffs looks really interesting. CSGO had a huge betting community. Not sure if they still exist or not, cause the last time I heard steam was banning all those bots that were used for trading goods and placing bets. If valorant does go huge and professional games are played regularly, betting will be inevitable!
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Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost. I mean, I am sure they have managers and know what they are doing. They were just trying their luck. Like you said, the house will always win in the long run. If someone manages to make some profit, they got lucky and should stop. They should know that they won't be making profit forever!
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Depends from country to country. But almost all countries requires you to have a license. Any thing related to money exchange, if on large scale will require governments permission. Getting licensed means the government will allow you to legally operate a money exchange. Like I said, it differs from country to country and how they see crypto currencies. If bitcoin is strictly regulated, then highly likely you will need to get a license. Recently I have heard that the German authorities shutting down all bitcoin ATMs that had no license to operate.
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I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
If you are saying staking (talking about pos over here) and crypto lending are scams, then you are wrong. There are scam services, but those activities itself isn't scam. Like you can do p2p lending and take interest from your borrower. Trust is a factor over here. But then, there are services that say that you will lend them money and then they will give a "too good to be true" interest rate. Those offer usually comes without any collateral and you will highly likely get scammed. For staking, you should probably google about stake scam. You will find some neat articles explaining everything.
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The world is into technological advancement with high and intelligent development of digital platforms purposely to help and make human life into a convenient world.
Today, DeFi catch the mind, heart, or possible even the pocket of interested persons to grab the opportunities to invest. DeFi or known as Decentralized Finance will change the world perspective with regards to Financial matters which every household own some money and do transactions.
Do you think now is the right time to call the people into crypto world?
That would be the worst thing to do. You don't want to invite someone to join just because of a hype. We all know what happens when a hype ends. The project also dies along with the hype. So if someone joins because of the hype, gets really greedy and starts investing everything, there is a high probability that the person will lose everything. This will end up leaving a very bad impression. I wouldn't be surprised when they start saying something like "crypto currencies are scam/ponzie scheme".
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I recently stumbled on crypto based investment platform called allbullish and pennywise and am really skeptical about investing in it, the challenges of investing in most crypto investment platform is that most of this platforms lack regulations and continuity. How can one know a genuine crypto investment platform?
Look at others posts. They already found out its a scam. You could have done that too with a quick google search (but for some reason you didn't ). You can see how unbelievably stupid their offers are. Lol, 17% daily profit if you invest 100 USD for 7 days? Only stupid people are going to fall for it. It clearly shows it is a ponzi scheme or just one time scam where as soon as you invest, you get nothing back at all.
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I would be against virtual/demo trading. I would just use them to get to know the features of the platform and get used to it. I would be relying on it to "learn how to trade". Those are demo accounts and you know that. Hence, you even know that there isn't any risk of losing your money. So the trades you will be making won't matter to you. But if you trade with real money/coins, trust me, you will be trading totally differently since this time "you will care about your coins". Again, you might build up some bad habits when trading in demo accounts. I would rather start trading with small funds to gain real experience.
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Yeah, you are correct. I am not surprised they are starting to go DeFi. They are just trying to use the DeFi hype to their own advantage. Even almost dead projects are resurrecting themselves by announcing that they are implementing DeFi. Too bad, people will still for those scams. No matter how much you warn them, greed will always win. Even after knowing that eventually the hype will die and then the project, they are still willing to take the risks. You know, who wouldn't want to become a millionaire over night ?
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Lol, adding VR option in an online gambling casino is just going to be an overkill. Like people might first want to try it out due to it being a "new thing" and you will get a lot of users playing and betting in VR based games, but then eventually it is going to become a "dead" trend. I highly doubt people would regularly play using VR. At least I wouldn't since I might get exhausted quickly and will end up feeling nauseous.
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So you want taxpayers money to be wasted by making stupid system/projects like this? I mean why do we need a "crypto" criminal database? If a person commits a crime, using bitcoin or any other method, he is a criminal. You don't need to separately point a person just become he committed a crime using crypto currencies. The project sounds more like they are trying to show people crypto currencies are bad. Every country already has a central database for criminals. We don't need a new database to keep "crypto" criminals.
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Consult a lawyer. Don't take take legal advice from random people on the internet. Most of the people over here will suggest you with "random" information they get from quick google searching. Others might give you proper information, but different jurisdiction have different laws. So be careful when following those advice. All you will be doing is put yourself into trouble. Hire a lawyer even if it is going to be expensive. It will save you in the long run.
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Isn't it a universal currency already? Like bitcoin has no geographic boundaries. It can be used from any place on the earth and can be sent anywhere within seconds (unless the government of that country has made usage of bitcoin illegal, but I doubt they can do anything as long as you don't convert it to fiat currency or have any crypto currency transaction connection with the bank). So for now it is unofficially a universal currency. Once the government starts regulating it more strictly, it will become an official universal currency.
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Hello betting friends, we are bet4freedom and have been profitably active in the betting business for a long time. Now we have decided to build a community, together we are strong! In 19 days, we were able to generate tickets worth € 90,000 + of which € 50,000 + net profit. We have plenty of proofs of our bets on Instagram. Check it out yourself. If you don't want to miss the train to a profitable future, you can get on now Instagram: ( @bet4freedom) https://www.instagram.com/bet4freedombet4freedom So people pays you and you place bets on their behalf? I don't know why someone would do something like this. You probably got really lucky to make such net profit. High risks still exists. There is still a chance of losing every bet/lottery. And it kinda feels like it is a lure group. Why add a "fee" of 10 EUR? Aren't you already generating profit? Or this is your only way to earn "risk" free?
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I highly doubt you can wipe off a casino with any game. Almost of casino has a max win limit that is associated with their bankroll so that users can't wipe them off with one single bet. So, the more you keep on winning, the lower the max bet win will be. This mean you will have to play even more hands to wipe off the casino which I highly once again doubt will happen (unless you get really lucky) due to the house edge. If you are confident playing blackjack, then go for it .
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