Shit happens! If Satoshibones owner reconciles his account, the transaction can be found. But I am not sure they would take such effort for your mistake! 1.8 litecoins means roughly 200 USD, so if possible, forget about it! Sadly crypto casino industry is not regulated by any central authority and there is no ombudsman available. So forgetting about it, is the best way forward!


I really don't understand this point! How can some casino place a bet on another casino using your money! I believe I am misunderstanding your statement here!

I personally don't think bitcoin has the power to end Dollars reign! It's too small compared to the US economy whose size is approximately 22 trillion. And if you look at the market cap of the entire crypto market, its only 625 billion USD. So bitcoin and the cryptos don't have the power to overcome the dollar supremacy in any way! Yes, bitcoin to some extent give financial freedom to the adopters and possibly end some dependencies on the banking system, but we still have a long way to go!

There is a reason for moving to a debt based economy, is to maintain the supremacy of US! China is trying to catch up but US is still far ahead in the game! So I don't see any reason for bitcoin to end Dollar's reign anytime soon!

It is not necessary to have all the casinos and sportsbook listed on bitcointalk that accepts cryptocurrencies! It's completely depends on the casino owners whether they want to have a connection with the biggest and oldest bitcoin community. But thanks for the list. I think it only gives the casino owners an edge against the competition if they have a thread here so that people can connect with the casino with ease!


That entirely depends on the location from where the casino is operating. Many countries have strict KYC rule, so the casino owners will have to obey that! Otherwise, there is an easier destination for all, Curacao!

The film industry of my country is known as Bollywood and we have few movies made on gambling even though gambling is banned here.

1. Jannat
2. Teen Patti
3. The great gambler

These are available on Netflix with English subtitle. Moreover gambling is an integral part of one of our great Epics "Mahabharat" where a gambling game actually turned out the course of a Kingdom. Read if you really want to know about Ancient India!

Yes, along with this new strain of COVID, UK has moved to another lockdown phase and people have started stocking up essential things in big numbers.

Even our country has banned flights from UK along with many other countries. So the situation is not rrally looking great at this moment. There have been reported cases from Italy and Spain to.

But I believe UK and the world is now more prepared to embrace the impacts of lockdown. UK is anyway a very wealthy country because they have ruled our country for more than 200 years and looted all the wealth we used to own, so they wouldn't be affected financially! Some minor impact will obviously be there but nothing major to talk about.

Well that's happening all over the world! Employment is directly related to business and if the businesses were not allowed to operate, they won't hire people to work for them. So with the lockdown easing, businesses are opening up and they need people to operate. So people are finding employment. That's a simple linear relationship with the economy.

But recently a new strain of COVID is found in Europe, especially in Britain and Spain which is 70% more infectious. With this, UK has already started another phase of lockdown and many other EU nations will follow the same practice. So a risk is brewing up!

Thanks for your reply! But unfortunately the process didn't work! My bitcoins wasn't migrated to Electrum this way! It has just created a new wallet with zero balance.


Yes! That is the last resort. I was just trying to save the transaction fees which is showing around 45 USD for a 2000 USD transaction. If nothing works out, I will send the transaction. Thanks for your reply!

Hi All,

I am looking for a help regarding a migration between Blockstream wallet to Electrum. The blockstream wallet uses P2SH number format that starts with "3" and Seed words while Electrum uses Bech32 number format that starts with "Bc1" and private key.

Is there any way to migrate? Any help will be appreciated!

Regards,
Avikz

Did you expect a praise for bitcoin from a banker? I guess not! Banks around the world will soon be forced to either adopt cryptocurrency or to be extinct! What this Mr. Sharma had said - it's the echoing voice from the banking industry!

Remember, what Mahatma Gandhi had said,

First they ignore you, then they laugh at you, then they fight you and then you win!

We are on the right track!

Indeed it is a record! But let me tell you why it has happened! It didn't happen because of the coin itself. It did happen because of the brand value that Steve Wozniak carries! The coin is known as EFFORCE and the ticker name is WOZX. Steve Wozniak was the brain behind the most successful company of the world - Apple! So his name itself carries a lot of weight and trust!

Btw, the market cap has now reduced to around 37 million USD.

There are several use cases of virtual currencies and it's very subjective to decide the best one! Let me list out a few,

1. Being a currency, the major use case is payments. Which is not yet a very popular method because of the fees and non-favorable legislation.
2. Removing middleman is another use case of bitcoin where a direct payment to the end recipient is possible. But again it comes under payment itself
3. Contactless payment is another practical use case of virtual currencies. Look at the video below,

https://youtu.be/nSM8HVzuAEA

Last but not the least, it provides power to you to manage your own finances without going through intermediaries like Banks.

There are many more like Investment, lending ecosystem etc. But these are major use cases!



3. Investment is another use case which has historically given few thousand percentage of profit to the early adopters already.
4. The power to manage your

Yes, it's a service they have designed and making money out of it! What's the issue with that?

If you are not doing anything illegal, then I don't think there is a reason to worry at all! However, if you are living unemployment benefits and holding millions in bitcoin, there's a reason to worry because it's illegal!

Privacy is not at stake because chainanalysis is not selling personal information to the dark web. Rather they are providing information to the governments and enforcement agencies who has legal rights to seek your information!

My question to OP -

Are you sure that the name "Satoshi Nakamoto" represents only one human?

I strongly believe that Satoshi Nakamoto is a name of a group of people behind bitcoin. However, I think they are just doing the right thing by staying anonymous from the prying eye of the enforcement agencies! Because bitcoin is indeed a revolution and governments around the world has found no way to stop this as bitcoin harnesses its power from a decentralized network. So a government just can't visit a single address and shut down the servers.

So now if Satoshi Nakamoto suddenly re-appears, do you think the enforcement agencies will let him live in peace? I certainly don't think so! I wish him/them a Marry Christmas and I wish they live the rest of their life in peace and wealth!

The crypto trading volume is growing worldwide and India is no exception! With the current bull run, a lot of people from 2017 suddenly woke up and booking their profits! So volume wise, the growth is really positive!

However, I am really skeptical about using Indian exchanges because IT department is seeking user's information from the exchanges operating from Indian soil. So people who have done some out of the box financial transactions, expect to receive a notice! So a lot of things are yet to be unfolded! My recommendation would be to avoid Indian exchanges if you are planning to execute high ticket trade!

Without going into the debate whether you should use a US based exchange or not, I would rather request you to please be prepared to become kyc verifiable in future. The meteoric rise of bitcoin's price will not go unnoticed by the governments around te world.

At some point in future, every crypto exchanges will impose KYC if they want to run their business legally. So it's better to have yourself prepared for this!

Exactly! We used to see Lambo as a comparison back in 2017 bull run! It seems Tesla has become more trendy nowadays because of the technology and advantages over Lambos. Bitcoin should be spend for something more logical, you know! 😀

But I believe an investor should never buy a car like Lambo or Bugatti or koenigsegg because these are just wastage of money! These kind of cars are not practical unless someone has a shitload of money and don't know how to spend them! Bitcoin is a logical asset class and it must be spent for practical things like Real estate! I indeed converted some of my bitcoin holdings back in 2017 to pay off the token amount to purchase my first apartment.

I don't see any known crypto casinos or sportsbooks have started accepting such tokens yet, and I am not sure if they will even do it! These fan tokens are pretty useless in nature because it just leverages the fan base of a football club without any practical reasons! That's the main reason why majority of the altcoins fail, because they don't have a practical use case. Same goes with the football fan tokens! They don't have a practical use case apart from buying official merchandise or getting invited to an event! Being launched by Binance launch pool doesn't change this reality!

As the sports industry has taken a big financial hit by the pandemic, some football clubs are trying to create more avenues to make money, it seems! 

I am not sure what kind of media you are referring to...probably it didn't get much of attention from big media houses like BBC or CNBC. However, the local medias are exploded with bitcoin related news. Even I have seen many articles in my local news papers about bitcoin and its risk. I wouldn't particularly say that those articles are positive, but media attention is there!

The good part about this bull run is that, even banks in my country rushed to provide banking services to the local exchanges. It has created quite a stir within the local business houses as bitcoin has become a matter of prime time debate. Obviously, COVID takes the highest priority among others, but bitcoin is definitely being discussed in national and local media houses, at least in my country!

I believe, US corporate entities like Coinbase and Binance are already obliged to share their client details to the US enforcement agencies on request. It seems now US is trying to make such compliances mandatory for any company functioning on US soil.

This was destined to happen! Anything like bitcoin can't simply go unnoticed by the government, especially when it is providing some exorbitant amount of growth to its investors. So I expected some similar sort of legislation around crypto market.

I really doubt the legitimacy of this news, but if it really happens, then it won't be good for the market in short term. Because it will suddenly create a large influx of supply which will in turn decrease the price of bitcoin in shorter term. However, since we are seeing a lot of institutional interest around bitcoin, it may be possible that the demand will stay robust! So if a corporate buys these bitcoins in large quantity, it may not impact on the retail bitcoin market. In a nutshell, a sudden increase in supply may harm the bull run unless these bitcoin a bought by a corporate entity in bulk and stored for long term.

However, one good thing is that these locked bitcoins will come back to circulation again. There will be impact, but temporary! Nothing is long-lived in bitcoin market! Not even the bull run!