Its multi-million market for sure, even the oldest analysis crypto casinos bring huge income to the economies so in 2020 this might be increased a lot for sure. Now crypto gambling is getting more popular which doesn't means existing casinos are in loss, more people are getting into crypto gambling because it is easier for any one to gamble from anywhere and get the taste of adrenaline for quite cheap price.
Existing physical currencies will never be at loss. There were regular online casinos that didn't have any affect on the physical casinos. The crypto casinos are also the same as the regular online casino, the only difference is that they accept crypto currencies while the other doesn't. Online casinos before crypto casinos were also easier to gamble from anywhere. The main reason why Crypto Casinos are better is because of the easiness of making a transactions. and cheap price? How? |
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Recently, twitter accounts of famous people have been hacked and they all posted something in the line "send 1000$ and I will double it". This is the oldest trick in the scammers bible, and wouldn't you know it people fall for it. Yes the hacks should be condemned and the hackers should be apprehended because they are scamming innocent people, before we all burn these hackers in stakes we also should address the fact that these so called innocents are still falling to these thing. In my opinion these people that got their money scammed shouldn't receive any help because they are too blinded by the riches the scammers promised them, I have seen a lot of scams and this victims of bitcoin doubling scam should be ridiculed and laughed at because they have fallen for these, I am standing by that opinion because most of these victims are functioning members of the society, they are not your run of the mill old people getting scammed by tech support scammers, these so called innocent victims are not senile, so in my opinion they should not receive sympathy because they are pathetic and gullible, these makes the work of people who are trying to educate people about scams less effective because no matter how much effort they put in, these pathetic gullible losers still fall for it. This is just a rant about the recent twitter doubling scam, I was watching Crit1kal and as he continue to talk about these I felt a seething rage not for the scammer but for the victims because these is the oldest trick in the book. Feel free to disagree with me but I will stand with my opinion, can't help but to laugh at these victims falling for that. These fiasco should also be a lesson to not take things on the Internet at face value, if you are a high-functioning member of the society then ask yourself why would they give me these x amount of bitcoin/money and why should I send a bitcoin/money first?
Edit: Typo
It is so sad to see so many people falling for it. Like, man seriously? Why would someone even double their money for free? And if they really wanted to giveaway free coins, they could have just asked for their wallet address. Why would they want them to send money first? So many red flags, but those people still falls for the scam, which is indeed sad. At those people that got scammed learned a lesson. The most weird part is how the tweets were up long enough to scam people. Like why didn't twitter take their whole site down as soon as they saw a breach and suspicious activity? |
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Over the past decade, the number of Bitcoin investors and other types of crypto assets has grown tremendously. Based on data by Coinmetrics, there are currently around 12 million Bitcoin millionaires in the world. However, there are those who die every year, without heirs who can access Bitcoin. The amount reaches 4 million Bitcoin (around US $ 40 billion), according to Coincover.
Meanwhile, based on the results of a survey by the Cremation Institute, of 1,150 respondents, 89 percent of them are very worried about losing their crypt assets. However, only 23 percent have a specific plan to pass it on to the closest person, for example to their husband, wife or children.
I think this is a very good idea, and I hope that someday there will be a crypto exchange and a crypto wallet that provides inherited features, so users will be safe and comfortable.
Such feature will only be available in a centralized system. If you want a crypto exchange or a wallet to provide that feature, you will have to provide the keys to them so that they can pass it on. That mean you are handing over your coins to them (by giving your key). I don't see any other way over here. The only way you can do this is to trust them with your keys (but then again, this means you no longer own the key), or give some hints or store something somewhere they will eventually look at after you pass away. |
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Hi I am fairly new to crypto and would like your recommendations on a good crypto wallet. I have been looking at exodus - is this secure and can i store XLM, XRP and 0X on it? what do you think of this wallet? Many Thanks in advance  There are no "best" online wallet. All of the are worst. If you store any of you coins on any online wallet, it is more like giving away your coins to the scammer for free. No matter how much they say that they are secure, they are still prone to hacks and downtime. Almost all online wallet does not give you access to your private keys. Remember, if you don't own the keys (or you own it and someone else also has access to it), you are not the owner of the coins. |
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What three phases are you talking about? It is really unclear what you are trying to say. Kinda sounds like you are frustrated of the prices being dumped and you want phase based distribution so that it doesn't get dumped? I don't think this will work. As soon as people receive the tokens, they tend to dump it. You might say, they will want to hold it for the rest of the phases. Yeah, they might hold it, but then again, they will dump it as soon as they receive the token from all three phases. In the end it is the same result.
What I would tell you is to STOP joining those bounty programs. They are waste.
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Hello. I've been quite successful so far in my trading endeavors. So much so that I've been offered a decent amount of money to trade with if I split the profits 50/50. I just have some questions on how I can go about doing this carefully.
How can I ensure that I am keeping track of when I am using their funds and when I am not? I guess I could always open a second trading account which would keep the funds separate, however, this would be a bit of a pain having to sign in and out of multiple accounts.
If I added the funds to my own account how can I keep track of profits? Could I calculate the percentage of what the newly added funds are compared to my current funds? And if I need to cash out or share profits in the future, I would take that percentage of my total funds and remove them?
For example, if I currently have $10,000 and am loaned $3,000, bringing me to $13,000, could I take the percentage of the loan (23%) and multiply it by my ending balance? So,if a year later, my ending balance is $37,245, would taking 23% of this balance ($8,566) provide me with the correct amount of funds? Then take the 50/50 split profit amount ($4,283) and send it back to the loaner? Does my math seem to add up?
Thanks.
Edit: Just so everyone knows, a close friend of mine has asked me to trade with some of their money. They have witnessed my trading and know that I am profitable. It is NOT a random person as others have suggested on this thread. Either way this does not matter and I would like to keep the discussion on topic.
Yes, you have can see what percentage of his money belongs to the total funds and then split the profit/loss that way. Remember, whatever percentage of profit you make off his money, return him half of the profit since he said he will be splitting the profit 50/50. And ask him what about the loss? Does he cover all the loss or is it 50/50 too? lol  And keep track of everything. Open an excel sheet and put on data on it to help you keep everything organized. I would still suggest you not to trade with someone else's money. But since he is someone you know very well, hope you have explained him his risks. |
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If someone tells me to inbox him to "change my life", i would instantly be suspicious. His motives of trying to lure you or scam you becomes clear by just looking at the texts he wrote.
If a guy really wants to help you with no string attached, why would he tell you to inbox him? He can just say everything publicly and also help others in the process. Too bad if someone falls for those scam. And some people are actually paid for making those tweets. I am not against paid promotion, but it is the responsibility of those people who promote to check the authenticity.
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I'm looking for a middle man service that would allow me to spend bitcoin on ebay items. All I could find are a past projects that got abandoned (forra.io, bitstore.tech, coin2shop, thebigcoin.io etc..). Does such a thing even exist anymore?
I'm aware that a potential solution is setting up a virtual debit card, but I don't feel like going through paperwork and time to get one. I live in Europe so eBay gift cards aren't an option for me either.
I have been using gift cards (i buy them with bitcoin from bitrefill, coinsbee, cryptorefill or dundle) to make purchases from ebay. Are you sure you can't use a gift card? I thought those USD balance can we converted to EURO. Not sure though. Like OmegaStar suggest, you can try prepaid cards (never tried them, but if they are the ones like the plastic prepaid amex giftcard, then it is supposed to work). You don't have to go through any paper work (unless you order a card with a huge preloaded balance). You just fill in your address and set up a phone number. Cards usually gets activated through just a phone call. If you're sure that VCCs work fine in Ebay and you ever find yourself in a rush to buy something, you use Coinsbee. You won't need to go through any paperwork (KYC). You just pay for the card, redeem the code on a third party website, and you will be given the card details. The downside for solution is that 50 EUR is the highest denomination. Coinsbee does have some sort of limit after which you will have to do KYC to make further purchase.
I don't know about him but this website will serve great for my needs as I often need to make purchase from fiver and because fiverr don't accept bitcoins so I can use the VCC from them to purchase various services from fiverr. Thanks a lot really for giving the link. The best part is that their fees is almost negligible because they are charging like $0.5 extra on a card that contains $5 and $4 fees on a card that is loaded with $50 so that's great.
Coinsbee does seem to be the only site with small fee. They are cheaper than bitrefill, cryptorefills and dundle. But the latter three have cashback program. |
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I assume low risk low return or even no return at all, these coins which can be easily mined also means that the coin has no miner and not so popular, that's why they are really easy to obtain but if it's gonna be useless at the end i will prefer not to mine at all.
in the past there are many new coin making innovation and one of them could be mined from a smartphone but turns out the project is dead.
All those "new coins" that can be mined through smartphones are scam! They are mainly a pyramid scheme. You will notice one common trends with them. They will tell you to invite your friends to get some free coins. I remember one of those coin (it was probably something called pi coin). They run on the background not for mining any coins, but to collect your data and sell them. |
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They have no other option but to choose those lesser known exchange. I mean, based on how many scam projects pop up every now and then, I doubt well known exchanges will be willing to risk their reputation by listing those new project tokens on their exchange.
And do you really think that they failed to raise funds because of choosing a "small" bad exchange? I doubt that.
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I have thought of an interesting concept which can help you out to control your gambling losses and most importantly to secure your winnings in a more sensible manner.
As poker player (with decent tournament record), crypto trader and occasional dice and slot gambler for almost 5 years I can assure you that single most important thing which can help you out in the long run is bankroll management. Although BRM is a combination of different skills but keeping your calm during loses by quitting for sometime is most important skill to master as it gives you time to reflect upon what you are doing wrong which led you to become more mature player.
It is easy to loose your mind and play outside of your bank roll in the heat of the moment. To prevent this up to some extent I propose a limited gambling escrow fund held by prestigious members of this wonderful forum.
How this will work ?
So suppose you have won a big tourney in poker or concluded a big profit trade, or accidentally (I use this word knowingly) won jackpot in slots/dice. Now what you need to do is to transfer your majority of winnings to the escrow immediately (and keep your self your normal playing bankroll). Now the escrow will have to release a certain amount of fund from your deposit to you on weekly or monthly bases. This will help you to remain under your bank roll greatly because after you loose your normal bankroll you have to wait for your next payment which will take some days. By doing this you have more time to introspect which is always good.
I urge learned members of this wonderful forum to ponder upon this and give some suggestions to improve this.
If you are badly addicted to gambling, even your "escrow" who will be holding your money for a limited time won't be able to help you. I bet the gambler will eventually break the terms and force the escrow to return the money. They will start making excuses that they need the money for some other "purposes". If you think you have addiction problem, don't go to an escrow, go to a real person who can help you with your addiction. |
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What kind of crypto exchange is Cashaa? Never even heard of it, yet people use them. Like how does a less known exchange hold and own more than 336 BTC of users? I guess they had even more.
And the worst part is, they have been using Blockchain.com as their wallet! An online wallet? How careless can they be! Sounds something really fishy over here. Wouldn't be surprised if it them who stole the coins....
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True, but I don't think you should bring into factors utilities (by utilities i guess you mean use cases and what it is going to do? ) and exchange listing.
The project can always come up with mind blowing ideas, but most of them are actually quite not possible to achieve with their current team. Those are just "all talks".
As for the exchange, we have seen coins being listed on some well known exchanges, but ending up dying. So, I would say, one should take these two factors lightly.
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I was having an argument with one guy from the internet. He uses online wallet instead of an offline. I tell him that bitcoin loses its point if you use an online wallet. He's also trying to convince me to use it too because it's more simple than an offline. I doubt. Anyway, I want one, only one reason, that online wallets are better than the offline ones.
The fact that millions of people use blockchain.com pisses me off. I don't know if the majority of users choose online, but they are many for sure.
It is can be used if you want to store really small amount and not for long term. But, think again, is it worth taking the risk? Online wallets have always been hacked or their users kinda faced some sort of problem at some point. And did you tell them that almost all online wallets don't provide you with your private keys? Not having access to your private keys mean you won't be able to access your wallet when the servers are down. Also, it means you don't own the coins. The person holding your private keys actually owns it. |
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I check the review of the application its look likes they got a good ratings there .
But its looks like just fake rating you should also give negative rate and give feedback to the app so they will not have any victim again.
For download they only got 50 download as of today so its only means this is just a new application make in app store,.
You should always be aware about simple things like how many people use the app before using it or transferring your money.
Reviews can be faked. People can buy review. Or people can use bots to review their apps. Its not that hard. Pay few cents and everyone will jump in to make some fake reviews. You will see similarities between those reviews which will help you distinguish the fake ones. And why would you download a well known app that has only 50 downloads (downloads can be faked too though  )? Well, to be honest, the guy who downloaded should be blamed too for being careless. |
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Not only forex trading but trading on all types of sites will be risky but it is not possible to trade without risk. You need to learn to trade before you can trade. Trading is as easy as it is difficult. Therefore, if you need to have a good experience with the trade by analyzing the market well, then the amount of risk will be reduced even a little bit. But first, you have to start working with small capital for the foolishness of making a big profit.
It's not only trading that is associated with risks. All sort of investment does have risks. You want to make money? Then you will have to take risks. There is no such thing as zero risk investment. If anyone invites you to such program, they are just try to scam you or use you for their own benefit. Stop looking for free or zero risk way of earning money. You will just be wasting your time. |
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I had been holding 1000 Eidoo coins since a few years and was wishing the price rise high so that I make a hefty profit out of it.
But I was feeling bad of the fact that despite holding it for a few years the price didn't rise much.
Lately the price went from 0.001 ETH to 0.002 ETH and I was happy that the price increased at least a little.
Though my target was around 0.003 ETH I decided to sell all of it for 0.002 ETH per coin since I was assuming that the price will fall down again.
I got the 2 ETH by selling all the coins and I saw the price today and it was 0.0032 ETH per coin.
If I would have sold it today I would have got 3.2 ETH. So I basically got 1.2 ETH less than what I could have got.
But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.
So, basically you are saying that it is better to quit when you have already made profit. I mean, you don't want to risk further and just exit as soon you see you have made your profit. But, why did you quit? You had a goal of making 3x profit, why didn't you stick to it? Is it because you couldn't trust the coin you were holding? If so, why would you invest on it in the first place? |
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You should provide more information. Your post is all confusing. Are you providing some sort of license for gambling? Or is it more like purchasing the app license from you and create our own casino?
I would tell others to be careful when download random application from the internet. Who knows kind of spyware/malware those apps are filled with. Even the title says you can find it on the app store, but the link is some other thirdparty website.
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Jayce designed an HTML5 banner for us (crypto.games). He acted in professional manner from the very beginning. Good communication and easy to work with . Never complained even after telling him to make multiple changes. We were all satisfied with the end result. Good designer and would recommend him to anyone looking for some banner design. Thank you Jayce . |
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Let us just focus on the ending part where you say that the bitcoin has been mirroring the price of stock markets. When the price of stock market started to drop, bitcoin also started to drop. And through this one event the whole article came to a conclusion that the investors now perceive bitcoin as "unusable" and not worth investing. Not sure if the article was based on the writers own opinion or if the writer actually interviewed a lot of investors before writing this whole article.
Though its a good thing now the investors don't "perceive" bitcoin as a stable investment. At least now they know that there are risks involved when investing in it (like all other investment). As for the dropping of the price, many investors started to dump the coin because they thought that bitcoin will also follow the same fate as the stock market. Haven't you noticed that bitcoin actually recovered faster than the stocks?
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