If I make a mistake and someone makes a profit, without abusing, or cheating or everything like it, does I have the right to cease the person's money to take mine resources backs? Well, I don't think so. Yes you have the right to cease the person's money and take it back because that was an unjustified enrichment. |
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Bitcoin gives you the possibility to exchange your services, products or other valuable things with other market participants and without using the centralized and controlled fiat system that always take a big cut in form of taxes and fees when people exchange valuable things.
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Correct me if I'm wrong, but dont a lot of bitcoin sportsbooks have the exact same license? What makes sportsbet any different from the plethora of others? Also, sportsbet is one of the only sportsbooks that restrict certain jurisdictions. They do this, I am assuming, to stay in accordance with laws and regulations... I don't think they are in any violation whatsoever and if they are, theyre doing a damn good job at coveting it up  Did you check the licenses of bitcoin sportsbooks? The problem is if a sportsbook like sportsbet.io falsely claims to have a license and are authorized and regulated by the Government of Curacao. Sportsbet also uses non-existing regulations as an excusation to ask for KYC when bettors want to withdraw their balance and then confiscate the balances! I have never heard that NitrogenSports confiscated balances based on non-existing regulations! Even the Public Prosecutor’s Office Curacao confirms that online games of chance are not regulated: At the moment, brick and mortar casinos and lotteries are regulated by two dfferent organizations, whereas online games of chance are yet to be regulated in anticipation of legislation. |
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Here https://bitcointalk.org/index.php?topic=1589940.msg16251261#msg16251261 is proof in form of screenshots how OgNasty was blatant lying to TwitchySeal claiming that I have threatened him to remove the signature for the publicly proven betcoin.ag scam or otherwise I will give him a negative feedback! The proven truth is that I gave him a negative feedback like to all the other promoters and thereafter he threatened me to remove the negative feedback or otherwise he will give me a negative feedback! |
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In future you can still use bitcoin as a poor person as you will always get the equivalent of the value of your fiat money in bitcoin. You say the people are rich because they get $100k for 1 bitcoin but how much you can get for the $100k in real assets at that time? They are rich in fiat money and the fiat money will experience a hyperinflation one day because that is the cycle of the fiat money out of the nothing printing system!
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In this case crypto currencies have won, but this scenario is very unlikely as there are 100s of trillions in fiat money available worldwide with an upward trend!
We are in the process of inflation since decades, but we are not in the process of a hyperinflation. During a hyperinflation of the US dollar bitcoin will surely rise to $1 million for 1 coin and 1 bread could cost $100 and more!
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Fear are the methods of governments and banks to control the people and sell them security for a high price called taxes. As bitcoin and other crypto currencies become more and more famous, we will surely see turbulent times, but I as a bitcoin holder and believer fear nothing as it can only become better!
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I do not know what you mean with catching up?
- Awareness? Surely not.
- Price? Surely not.
- Winning percentage? It might be possible that Ethereum will see a booming phase with winning percentages of bitcoin.
Basically people buy what they know or hear of and I am pretty sure that over 90% of the users are clueless that the technology of Ethereum is more advanced.
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If someone has dollars worth 50% of the market cap of bitcoin he could surely control the volatility somehow. But I personally do not see why the volatility of bitcoin prevents many businesses from using it as they can exchange the received bitcoin instantly with for example BitPay. And online shops or services can also use an interface that automatically adjusts the bitoin price.
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I can confirm that OGNasty abused his rank to give me a blatant lie negative feedback about my account in good standing. I gave him a negative feedback for promoting the publicly proven betcoin.ag scam and thereafter he extorted me to remove this feedback or otherwise he will give me the negative feedback that my account is an alt of TwitchySeal: Useless alt of an addicted gambler. Ignore him and his blackmail front masquerading as a service Hole story with proof: https://bitcointalk.org/index.php?topic=1589940.msg16251261#msg16251261 |
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Besides the "fair" provably fair verification process.
I think another important factor should be a site willing to provide how much capital it has.
There are many small sites that allow huge bets but have very little capital on their cold storage. And either some whale or some bad streak can easily cause the site to become insolvent.
Everyone has his religion! Some claim provably fair is important, others claim that the site must provide how much capital it has and based on my experience I claim that there need to be a fund where money goes in to enforce claims of victims. In some cases there is nothing you can do, but in most cases victims could initiate legal action, but they never heard the word court and or are not willing to spend a small percentage! Why bother with court cases etc. when a site can be fully transparent with its dealings/bets & in return risk its reputation without it having to be proven in court? The court cases are not to proof that it was not provably fair. The court cases are to enforce account balances or claims, as there are gambling operators that simply embezzle the hole balances of all customers at one point or selectively close accounts with false accusations. The gambling sites who scam do not care about their reputation and they find enough victims that are not aware about their scam tactics! |
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Do you want to explain us that people scam because they are in desperate need of money?
Those who are in desperate need of money usually simply go steal something and sell it or use it. Based on my experience with online gambling scams, those are mostly longtherm planned scams where they invest money and time and it does not look like it is based on desperate need of money. It is just to make a lot of money and they do not care at all about the victims!
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If you create something new and can not get a patent on it, then it is only a question of time until imitators will copy your idea. Considering the many other altcoins, bitcoin still has a very good position and I doubt that any competitor has enough money to overtake the popularity of bitcoin in the foreseeable future.
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is there not a "censored"/offical Betcoin thread anymore? It used to be very active, and seems to have disappeared... has Betcoin just gone down the shitter the past few months/since the BetcoinRakeback fiasco?
The "censored" betcoin thread was banned for 2 or 3 weeks for spamming! A lot of players left after the rakeback theft and canceling of the extra rakeback and shortly after they had to reduce their army of 70 promoters! With bacon you catches mices, but if the stock is running low then less mices will come!  |
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Besides the "fair" provably fair verification process.
I think another important factor should be a site willing to provide how much capital it has.
There are many small sites that allow huge bets but have very little capital on their cold storage. And either some whale or some bad streak can easily cause the site to become insolvent.
Everyone has his religion! Some claim provably fair is important, others claim that the site must provide how much capital it has and based on my experience I claim that there need to be a fund where money goes in to enforce claims of victims. In some cases there is nothing you can do, but in most cases victims could initiate legal action, but they never heard the word court and or are not willing to spend a small percentage! |
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Another nice promo for the Champions League matches tonight, just placed a bet for this. Hopefully it can be a win bet and anyone who take this promo will get very nice profit. Thanks sportsbet.
I did not notice that the site existed after all the scam accusation against them a long time back,i thought they closed their doors,looks like they are active with their promos and i liked their site but kind of stopped going after all those accusation,will check those offers as there is a big fight coming up in UFC. They never closed their doors after that time and keep giving great promos every week. That scam accusation is indeed bad for their reputation but as I know they have solved the problem. I myself never got any serious issues in this site and I'm in good profit especially from their great promos since I joined long time ago. It does not mean that I'm supporting the site, I just wanna share my experiences in this site. For me, it is good site even tough I have ever leaved them for several months because of the scam accusation. But now, I'm trying to be active again here. Yeah it's really too bad that people will go of their way attempting to get a good operation shut down. This site, even through all the scam accusations, has done a good job in setting an example of how bitcoin sportsbooks should be run. I don't see these guys going anywhere anytime soon, which is a good thing! They claim that the operator mBetSolutions N.V. is authorized and regulated by the Government of Curacao, but are not able to show this document and deny basic questions about their license, the regulations they have to follow and the alleged licensing authority in Curacao! If a sportsbook should run like that then everyone is welcome! |
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If I have the choice between decentralized crypto currencies and bank issued electronic money, then I clearly prefer the decentralized ones because the banks just put numbers into their system to create it and on top of this it will lose the value every year. But I think both is needed, crypto currencies and a cash money system that you can use independent from internet connection, electricity and devices.
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Can you please explain how governments can regulate a decentralized and worldwide operating system? I know that they can regulate exchanges, but this is not regulating bitcoin because people still can get bitcoin by mining themselves or buy bitcoins directly from people or buy at exchanges abroad or if they accept bitcoin for products and services.
If you ask about the impact if a government will declare it as illegal, then it is clear that it will have a negative impact in that country because many people do what the government/law says without using their own brain!
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