Throughout this year we could see a big number of our Bitcointalk members involved into spreading the word about bitcoin. Much needed thing for the increasing real-time usage. Word of mouth is more effective than something that is being advertised or promoted through some other means.
There is increase of bitcoin users over time. This will surely make more customers use bitcoin payment for the services received in the coming days. For the users who have added cryptocurrency acceptance it is time to have patience, because immediately we won't be receiving much of users paying with bitcoin.
correctly. Of course, we hope that these efforts will bear fruit in the future. and actually bitcoin holders continue to increase. when the price of bitcoin has fallen but in fact many new investors have entered. This can be seen from the increasing number of bitcoin holders. And this is a positive thing for the future growth of bitcoin users. You are very much correct. Of lately there is a suden surge or increase in Bitcoin holders. Smart investors and traders are rushing in to hold more Bitcoin while new ones are onboarding the system to purchase more of Bitcoin. Now is the right time to bag more as the price is low. No one can tell how the next bullrun would come and the next all time high as expected. Every wise investor in the system knows so and hence the increase in purchase of Bitcoin. While the weak hands are selling, the diamond hands are busy accumulating more Bitcoin waiting for the next bullrun. This will help make Bitcoin be in circulation and every decimals of Bitcoin will definitely count when the time comes. |
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I know Rollbit.com calls itself the most rewarding crypto casino--but is there some actual proof comparing all the different crypto casino websites together?
I'm talking about:
--RTP of games
--Daily, weekly, monthly rewards
--Loyalty programs
--Reload programs
--Lossback programs
--VIP Programs
--etc
I understand it may be difficult to compare all the different websites and find the most rewarding casino but my thought goes something like this.
1) If I want to play a particular slot from Pragmatic for instance there may be 20 online casinos that are offering it.
2) Most games have an RTP around 96.4%
3) I will lose in the long run no matter what
4) But if I found a casino with an RTP closer to 99% with rewards/loyalty/etc I can play longer and lose slower than other casinos so why not play there?
Does anyone have any analysis or website with this kind of info statistically laid out?
People like you are the types that easily get scammed. You want free things, mega rewards and all in one bet. Do you think it is as you think? Who on Earth opens a business venture to run at loss? Ordinarily, I was thinking you should open one with such request at your wish and see how it works out for you. In as much as you want to make wins, you should also know that the casinos you are having in mind to play with wants to make profit as well so therefore nobody wants to be at the lossing end which would call for a more careful measures put in place to protect their own interests. So I think what you are really looking for is not feasible. |
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50,000 Bitcoin were withdrawn from Coinbase on Nov. 24 and 25, marking the third-largest withdrawal from the exchange.A total of 100,000 Bitcoin (BTC) were withdrawn from Coinbase in the past two days, marking the third-largest BTC withdrawal in Coinbase’s history. Two withdrawals worth 50K The chart below shows the BTC withdrawals and deposits in Coinbase on a daily basis since the beginning of the year. On Nov.24, 50,000 BTC were withdrawn from Coinbase. The amount equated to over $800 million at the time, which marked the second-largest BTC withdrawal from Coinbase in 2022. The next day, on Nov. 25, another 50,000 BTC withdrawal took place, which equates to over $825 million at the time of writing. Considering that Coinbase is preferred mainly by large U.S. institutions, it can be said that they are taking advantage of the affordable prices and accumulating BTC, as the on-chain data indicates that the bottom of the bear market cycle might be near. Third-largest withdrawal in CoinbaseThe chart below represents Coinbase’s BTC deposits and withdrawals since the exchange was launched in 2014. With the second 50,000 BTC withdrawal, Coinbase reserves lost more than $1.5 billion worth of BTC in two days, which currently marks the third-largest BTC withdrawal in Coinbase’s history. According to the chart, the most significant withdrawal was recorded in late 2017, and the second-largest one took place in mid-2022 after the Terra (Terra) collapse. It’s not just CoinbaseThe data shows that Coinbase is not the only exchange experiencing large BTC withdrawals. The chart below demonstrates the BTC balance on all exchanges since January 2018, and a significant downfall can be seen since January 2022. According to the data, the balance on decentralized exchanges has fallen below 12% for the first time since January 2018. https://cryptoslate.com/bitcoin-worth-1-5b-withdrawn-from-coinbase-in-48-hours/ .... It seems that we're witnessing a mass migration of funds being pulled from exchanges in the wake of the FTX incident. Amazingly enough binance and others affiliated with FTX are still plying their wares, in the hope of attracting investor capital. As depositors take larger steps to protect their wealth and secure holdings, will it be enough to stem a tide of the high number of electronic hacks we've witnessed in 2022? It seems that the latest trend of large withdrawals came about in 2017. Perhaps after the bitfinex and tether investigations were launched. It could take time for consumer confidence to be restored in crypto exchanges. Investors and traders are now wiser to be washed and convinced to leaving their funds in third party exchanges. With the happenings around the world on Crypto exchanges, one would ask if truely blockchain is decentralized? The happenings has really casted doubt in the minds of people about Crypto which has given room for lots of statement about Crypto going as far as people and government justifying their claims as regards Bitcoin. I think this is one too many of the panicked investors worried about their funds in the hands or custody of a third party. The carelessness and recklessness of most third party exchanges are becoming unbearable and unbelievable to start with. Funds withdrawal is absolutely the best option now as it would not make any sense waking up to hear an unfortunate news in respect to ones investment and funds under the care of a third party exchange gone. |
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Hi well we are in the process of opening a crypto casino and sportsbook we hope is ready in one month Some features of our casino / sportsbook: 1) 100% anonymous we are never going to ask you for any personal info or KYC BS it doesn't matter the amount 2) we are also going to have a live casino 3) we are going to accept privacy coins like XMR 4) You can place bets over the phone 24/7 5) Is going to be available worldwide what else should we add? Let us know  Edit: i tried to reply to everyone if you have more questions, feel free to contact us at help@betcrypto.cr As we all know casinos are business oriented ventures so therefore, anyone would love to open or run it irrespective of the location or region where it is found as long as the government of that nation allows it. As a profit making venture, casinos are bound to pay tax which I believe you know very much better but how do explain this you have said that you want to run a casino void of kyc which is going to be required for members to get registered online and creating of dashboard so as to be granted access to playing games and gambling. Coupled with the rates at which scammers are always looking for who will be their victim don't you think kyc would help checkmate the activities of these scammers on your platform? I suggest you go back to your plans for your casino and restructure. While you are requesting for more ideas to starting your casino, I think you should do a proper research on casinos and their features to get more clues on what you need to run yours. |
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whether fiat or crypto. banks/financial services are never "safe"
look at the many countries that done bank runs in the last decade alone
however a "safer" exchange than currently should at minimum have:
1. user agreement terms that dont suggest the exchange can just cut a customer off at its discretion without notice/reason
2. if a customer has infringed a policy. dont just ban them.. disallow them from the internal service of market orders but allow them access to atleast withdraw their funds and leave the service with what they put in
3. if an exchange charges say 0.3 trade fee, put say 0.1 into a separate wallet to build up an amount to use as a insurance. which within 1000 trades per user, then funds fully insure amounts.
4. while customer adoption is occurring seek a regulated insurer to underwrite losses as a insurer where exchange pays a small premium whilst it builds up its own crypto insurance away from the fiat insurer
5. have the insurance as a multisig where a single person cant just raid it.
6. dont sell user data or swap it with other businesses unless under court order
7. no exchange to hide behind proxies, "virtual-office" or "PO-Box" or "rent-a-desk" services.
allow users to know where to send lawsuit or locate the company should things go wrong
8. put customer funds into a cold wallet that has atleast 90% of funds secured and auditable . where only 10% is at risk of immediate threat, on the hotwallet. where even the hot wallets are visible to see there are enough funds to meet customers withdraw demands of that day
This policy looks quite interesting to adopt if given a proper vetting. |
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Throughout this year we could see a big number of our Bitcointalk members involved into spreading the word about bitcoin. Much needed thing for the increasing real-time usage. Word of mouth is more effective than something that is being advertised or promoted through some other means.
There is increase of bitcoin users over time. This will surely make more customers use bitcoin payment for the services received in the coming days. For the users who have added cryptocurrency acceptance it is time to have patience, because immediately we won't be receiving much of users paying with bitcoin.
Gradually we are going to be taking over the world with the Bitcoin Promotion and Adoption campaign. I still believe we have a whole lot of work to do because the grassroots are still uninformed about the Bitcoin story because at the grassroots, there the masses strength lies. The big companies that accept Bitcoin are just at the surface doing their own deals and making huge profits from it all but the middle and lower class are yet to tap into the Bitcoin emergent over the years upon inception. We have to take it to the locals in our various places. |
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If you want to know which exchange is fully trusted and which exchange will keep your money 100% safe then I would say there is no such exchange but there are many big exchanges in crypto industry like Binance kuCoin etc but we cannot fully trust them. Because recently a major exchange like FTX has gone bankrupt which is bad news for crypto users and many have lost huge amounts of money through it. So no centralized exchanger can be trusted 100%. So you must use a non custodial wallet or hardware wallet to hold your crypto which will keep your crypto very securely
Using a non custodial wallet is absolutely fine and the best for the current situation in the blockchain industry as at now. No such exchange should be trusted and entrusted with funds and assets. Investors and traders have had a lot of experience which should be able to teach others lessons but the only thing that can be guaranteed about these third party exchanges is the fact that they do trading to enable traders and investors do business and transact, convert to fiat as the case maybe but it is no longer safe to hold your funds and assets in third party exchange anymore. Withdraw all funds after transacting for your safety. |
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I am not in a position to dispute the sales of the enterprise as it is a business oriented firm but come to talk of it, the annual revenue is far below the asking price for the casino. However, the floor is open for interested buyers to bid and who ever bargains fairly gets it all. For such a casino to be put up for sales, there should be some proof of ownership and licence to operate within the jurisdiction where it is found or located. I still wonder why the owner would put up such an enterprise up for sale. Nevertheless, I expected the OP to have given full details of the running cost of the casino and other maintenance expenditure to know if the sales price equates the annual revenue compared to the asking price and running cost of the casino.
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There's always a game plan if government gets involved in Crypto currency purchase or ownership. The government can not be trusted to this extent of buying Bitcoin without something in their minds. Most times, government getting involved in things of this nature points towards their selfish interest. I laugh when I hear news of this type because it's only a man that folds his sleeves knows what he is upto. So therefore it should not be a thing of surprise if you wake up one morning and start hearing that the government of your nation has suddenly pick interest in blockchain. They always have a way to truncate situations. A
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This is quite an interesting one. Coinplay is up to the task they had signed up for. I had to go through the website to do a research for myself, to my greatest surprise it has the capacity compared to others. Coinplay has many more sports option for casino features. As a casino enthusiast, you do not need to worry yourself about any game as they are all onboard coinplay bet platform. Looking at the features in respect to the graphics, excellently designed with strong user interface for all users and you can get all odds onboard the platform for your interest. Coinplay team really did a good job by bringing such platform to existence.
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I was wondering if there could still be any safe centralised exchange in the blockchain industry.
It's a very known fact that there can never be a safe centralization system. Even this forum that we're using isn't safe because it's centralized and so is the internet generally. Don't trust any centralized service provider as their server can be compromised at any moment and all the data you had on that system will be leaked or losts which is why you're not advised to keep sensitive information on centralized system and the forum also doesn't ask for your KYC or any verification information because if they do so, they'll have to store it which can be easily be access with a hack of the forum. Whenever you used a centralized exchange do understand that you have put yourself out there as an easy target therefore if there's anyway you can add extra security to protect yourself, kindly do so like not storing your coins on the exchange or associating other sensitive information to your address from the exchange. Using centralised system is more of you putting your assets over to them for keeping. You know Centralised exchange demands for kyc before doing anything with them. It baffles a lot when people you put your assets and identity in line for without minding the risks involved could not be proactive in protecting your data and all that you have put in their custody. Most times these leaked informations are being exploited for other reasons by the perpetrators unknown to both the owners of the data and the third party. Centralised exchange demands often for kyc and at the entire end they can not protect the data for which they demanded for. That shows the level of irresponsible and carelessness on the part of centralised exchanges. I suggest better policies looking into the protection of funds and customers data identity be looked into so as to hold the centralised exchanges responsible and accountable for everyone member registered on their various platforms against any leak in data information as well. Policies on refund of stolen assets or money should not only be the focus as this particular data leak issues are also neglected whilst it is supposed to be given attention to. With this, I think customers identity will be always protected. |
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I see you mentioned that binance banned in your country. Well binance is not a gambling site but rather, a Crypto currency exchange organization where one can trade and do exchange Crypto but not gambling site. If using a public WiFi, one needs to be careful in this case as most are tapped and if you are in a country that has a law already in place against gambling, you better stay clear of can not device a means of handling it yourself than getting a third party to setting up the process for your consumptions and if you are a new bee in the system, you had better get it clear first before giving it a shot as it is risky out there to getting yourself into a situation you cannot remedy with utmost timely response if there be any chance that you might or are likely caught.
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Current number of post (Including this one): 179
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I think every government wants to protect their interest in the sense that they want to get control of everything that goes on within their country's shore. As we all know, the government always wants to exercise their powers by checkmating every financial activities that goes on in their respective locality. More especially the tax and revenue generation which is a major sources of income for the government. At all cost, they do not want the citizens to bypass tax payment which we all know bitcoin transaction safeguard transactions against third-party. Nevertheless, they claim of money laundry being perpetrated via bitcoin transactions which is the strong reasons for their clampdown on bitcoin whereas, they are just doing that to checkmate financial movements of account holders in and out of their country so as to know who the owners of huge moving funds are. Most times, these are done just to scare their opposition and also to control the people preventing them from doing any transaction untraced and unnoticed. Without the above reasons, i see no reasons why the government should be afraid of bitcoin.
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Hey there, What you are doing is great, especially in such a localized environment. It really speaks to the power of how global the network is, while reaching even the tiniest corner's of our own societal eco-spheres. I highly recommend that with any sort of mass adoption effort, you preach the importance of privacy, self-custody, and password/private key hygiene. And since you are doing it in a local environment, exposing it to people with little or no moderate technical background, try and keep everyone's experience as simple as possible. For example, if you want to show bitcoin to 40 different people in your town that come through your store, teach them all the same structured thing. This increases the chance they see each other outside of your scope of effect, and will still be able to communicate, troubleshoot, and p2p transact with comfort. ie. make them all use one wallet, simple not complicated...Electrum for example. Good luck!  I try my possible best to making sure they all understand what bitcoin is all about. If you check, my tutorial scheme was just easy and with just the basic and fundamental knowledge about bitcoin and how it operates which i think was necessary. I made sure I taught them all the necessary steps involved so they could have the idea on how to function alone in system without any issues emanating when I am not with them. The wallet in question was a simple on in which they could understand at their level because introducing them into anything bigger than their knowledge might likely get them confused so as a beginner, i got them used to the one their capacity can carry but as time goes on after they must have done much research as I have told them, they would get to know more about the hardware wallets and get used to them but for the now, its a beginner thing so I think starting with a flexible wallet at their level would be. |
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Privacy is everyone's business but not compulsory though. Have you been in a situation of theft via identity linking to you as a result of lapses from the third party? This is the situation of things now where ones identity is used to carryout crime schemes with third party and they not knowing where it is coming from but still on their platform. In this case, who's to be blamed?
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I was wondering if there could still be any safe centralised exchange in the blockchain industry. Of lately lots have been unveiling itself and centralisedexchanges are at the end of it all. Does it mean that these centralised exchanges that are in existence lacks the capability to safeguard assets and funds after attracting investors and traders to their platforms for engagement and activities?
How do you explain these things to the people whom have entrusted their funds and assets to you for safe keeping hoping that what they gave to you is under safe care only to wake up to a sad news of their assets being stolen by hackers. How do you explain all these.
At first identifying the problem is a basic course for rendering solutions. If these problems are not identified immediately by the exchanges for quick remedy then who's to be blamed for it. Do they really do constant check on their service to know their lapses, if they do, do they identify it immediately with utmost attention? Do they do a constant check and evaluation on their staff and mechanisms.
With all these said, what are your opinions on this subject matter as I feel this needs to be looked into for possible measures to be taken for so as to further prevent or minimise the rate at which exchanges get hacked or being careless with investors and traders funds.
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I like this one OP accepting Bitcoin is one of the ways to encourage people to an actually see Crypto-currency as usable and not just an investment property. You can also motivate others to start this process too.
But it's not just going to end by you accepting Bitcoin alone, I believe you know some of your patronizers you can start by telling them about Bitcoin. You can mostly based on what challenges they face right now in Crypto-currency.
You are right. I actually did after reaching out to him and teaching him, I also encouraged him to also reach out to other fellow colleagues of his too and also as many customers that asks him about it in his shop, he should teach them as I have done to him so they could understand. You know, their shops are mostly filled with youths most times which will definitely attract their attention to the new development in his shop leading them to asking him questions about it. |
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Recommendation: Google some photos of "Bitcoin accepted here" and "we accept Bitcoin". You know, those with the Bitcoin logo. It's simply just more appealing. Something like this:  This is a nice idea and recommendation. I have taken cognizance of it and would implement it in the next phase of my campaign for Bitcoin Promotion and Adoption in my locality. I think it would be very catch and attractive as you have said because as more people or customers sees it, they would definitely want to know what it is all about and then their interest arouse making them be eager to hear and learn how the system works. There and then they would be taught how Bitcoin functions as a digital currency. This recommendation of yours looks very ok. |
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