I agree.

But at some point, even though you missed or disregard reading their terms and conditions, some of gambling sites will pop up some notification that you can't deposit yet unless you're already passed the KYC requirements, if I'm not mistaken.

Some of them also likes surprises, you'll never know their KYC unless you have a big amount of profits in your account and they will suddenly requires it just for you, like they will require a lot of personal informations for you to pass their KYC but in the end, they still won't let you withdraw it, which is infuriating.

For me, the reason why they do it is because they have a lot of confidence and strong resolve, if they can do it once, why not do it twice, thrice, and again and again until they will be caught. With the money they have by scamming their players, they could start another gambling site business using another name and people to run the same method again on scamming people who will deposit and play on their new gambling site.

I guess, that's all about it. People loves easy money as well as scammers. It's all about being carefully aware and risk taker.

Very nice list of trusted gambling sites that runs for a very long period of time already and still kicking. This will be a great help to those newbies in gambling to avoid being scammed by depositing first a certain amount to be able to withdraw their winnings. It's very convenient for them to have their own exchange for fastest transactions and also it is another way for them to increase their bankroll.

Looking forward for OP to add more trusted gambling sites that's already making its name these days.

I think it's nearly impossible for the government to totally ban bitcoin. Bitcoin has already came so far. It has many user all over the globe. Many have been patronizing it since the day it was established. Even the big personalities are investing in bitcoin. That's how powerful it is at the present. I also don't think that government would ban it anytime in the future because they are also harvesting the benefits such as additional income taxes that is good for the economy. And if ever they will opt to ban bitcoin in their country, surely their people will keep on finding ways on how to access their account despite the strict regulations and policies imposed.

You see, the truth is, government can't control or manipulate cryptocurrencies growth. The more they keep on suppressing it, the more it will expand. No matter how hard they try to keep it away from being used by their citizens, it will be no use.

In every decision we make, it always possess a risk. Risking your money to start a new venture really involves a lot of courage. There's always a 50/50 probability that it will become successful or the other way around. What you need to do is to plan ahead, strategize, and execute well what you have in mind. That way, you will minimize the chances of failing. Prevention is better than cure like what they say. You need to start strong to achieve what you want in life. You can't be lousy and expect wonderful results later on.

In business, investing, and trading, you have to be determined, confident, and knowledgeable to succeed. You can't just get money somewhere down the streets. However, you must also know your limitations in risking. Risk what you can afford to lose and based on your risk appetite.

I think what the post highlights is that bitcoin is more inclusive as a store of value, medium of exchange, and as an investment vehicle compared to other centralize organizations and investment form. Bitcoin just asks the bare minimum if you will compare it to its competitors. It is more inclusive because you don't have to have a huge amount of money in order to save and invest unlike that of banks that requires specific minimum deposit and maintaining balance on your account.

In bitcoin, you can buy little by little as long as you have spare money to spend. You don't have to save and invest big amount at once. Of course, in saving and investing money is really needed. It's left to them where they would get the money they will save and invest in btc. They could take part time jobs and keep some extra to put in bitcoin. And if they really don't have the means to provide for capital, they can join campaigns that offer salary in btc as their starting ground. They can use their smartphones if they don't have laptop yet. After all, smartphones can also do what computers can. If they don't have internet, they can use cellular data for the mean time. There are endless opportunities in btc. You just have to keep looking and be determined enough.

Regarding KYC and wallet platform, it would be a personal decision on where to put their funds. There are still exchangers that does not require KYC. If they are uncomfortable with the ones requiring KYC, they can always opt to use the platforms that doesn't require such. In terms of wallet, I think most wallets nowadays really require to know your personal information. You just have to pick whether you want custodian or non-custodian wallet. Check the pros and cons first to avoid regrets later on.

Like what other people think, I also see this as an insider job. The timing of disappearance of the founders of the exchange after the hacking incident looks very suspiscious to me. It doesn't look like it is just a coincidence. I think it is planned. A well-executed escape after stealing all the money of its users. Certainly, its users must be regretting big time that they opted to store their funds in an exchange. A platform that doesn't allow you to have the full autonomy over your money is really risky when it comes to provided security.

To add, I think its really risky to let a teenager, not yet of legal age to handle a billion-worth business. It's nice that a teenager has a mindset of being business-oriented, however, they should have at least mentored him until he turned 18 years of age. I just hope that they would recover the funds though because it's a hefty amount.

I agree with you. The crash is just normal especially in bitcoin given its volatility rate. I wouldn't be surprise if today, bitcoin's price is down the hill and then tomorrow it will rise up again. It's just the usual phase. Normal trend of bitcoin during the day. We shouldn't be worried so much. Bitcoin has already proven its potential over the years until today. We have so little to worry about because bitcoin has a promising history.

You just need to learn and do proper data analysis in order to have a successful trade as well as to decide on what coin to invest in. I really do hope that its value will continue to go higher on the next few years.

As I have expected, the movement of El Salvador to make bitcoin as a legal tender will also urge other countries to do the same. Gradually, bitcoin mass adoption will surely happen worldwide especially now that many people are using and will start to use and invest in cryptocurrency. I commend the initiative of Paraguay to adopt bitcoin as a legal tender because it takes a lot of open-mindedness, awareness, and knowledge about bitcoin in order to consider such thing to be adopted in their country legally speaking.

I just hope they would really be mindful if ever mining will also start operating in their country. Energy consumption is one the greatest challenge when it comes to mining. A lot of mining sites have been forced to close due to minimization of power consumption. Hopefully, they would really use renewable energy sources like what you stated so it won't add more harm to the state of our planet.

I also think of this as one of the reasons why some millionares loathe bitcoin even though it provides so many benefits. I guess some wealthy people have a mindset that just want to gain and use their people on their own advantage. They love the workers dependence on them because it gives them a lot of profit. Hence, enough reason to hate bitcoin because it can be a source of financial independence as long as you are knowledgeable.

Another reason why I think the wealthy people aren't just a fan of bitcoin is that they already have much that they think it isn't really relevant and it's just a kind of scheme to scam people. They think it won't be beneficial to them, so they assume it won't be beneficial to others as well. Little did they know, bitcoin already produced and is still producing a lot of millionaires before up until the present.

Yes, I also think there are still several people that are still holding them. However, due to privacy and security reasons, they will not disclose their identity in this forum or even in different platforms. You wouldn't want to be targeted by the hackers if it were you, do you? They certainly have plans for long term that's why they are still holding it. Surely, these people know how to plan, play and strategize.

Although for sure, there are many people that already sold a portion of their fund during the year 2017 when bitcoin was really bullish. I can't blame them though. After all, we have our own personal reasons why we sell our assets. 

I agree. One of cryptocurrencies' nature is being volatile. I think its volatility rate is one of the major reasons why banks don't want crypto on their platform. With one major drop, their generated profits has a high possibility to become losses. The frequent price fluctuation of cryptocurrencies is just another whole new level of challenge for them if ever they will risk their chance on it. You know, central organizations are still businesses after all. That's why i totally understand why most of them are really aloof with the idea of adopting cryptocurrency.

In addition, government permission also plays a great role. Banks need it in order for them to adopt it without violating the set of policies and regulations. If the government will continue to tighten their grip on cryptocurrency, banks will really have a hard time accepting it on their platform since the higher authorities are still unfavor of it.

That's the reason why I'm still 50/50 about getting vaccinated. The vaccine that is available right now doesn't guarantee you at all that you'll never get infected with COVID, it will just lessen the possibility of you getting infected. Well, it might be a good thing but I am a paranoid man that's thinking about the side effects of it in the long run. I don't even know what's in the vaccine and I don't trust the Government either.

Putting a tax on them is not a problem at all especially if their Government thinks that it will help their economy or their country in a way, as long as it won't be use on their Government officials personal use (hopefully), then it's all good. Most of the countries around the globe do put taxes on gambling platforms (casinos, and gambling sites).

The pandemic gave all of us a huge problem and one of them is that most of the economic sectors suffers in the sudden declination of sales, causing the economy to fall down, and that's where taxes are being use to support our economy.

Playing gambling in a responsible way is possible, nothing is impossible, you just don't wanna do it that's why you're saying it is impossible, maybe because you already lost too much on it for you to say it like that.

And the advertisement itself is just to attract players, unless you don't know what advertisement or marketing really is, then you're the one to blame. What they include in their advertisement is true, however, there a very low chance that you'll have it just because you play in their casino or gambling site. Be wise, that's my advice.

I agree with this.

People can't get in their zone mode when playing in gambling because of the pandemic, physical casinos has been shut down so the only option is online gambling. You'll definitely be irritated when you lost because you're not use to it, others are too desperate on making money therefore they bit the trap of online gambling as well resulting to another financial problem.

So the cost of it is indeed expensive, so much more in the long run.

Others think it is just the same is wrong. Yes, it is both addiction but we're talking about the negative impact that it will give to ourselves in the long run, the lesser one of course is much better (obviously). It is an achievement, to slowly crawl up to your addiction hole and see other things that could benefit you instead of taking too much money and toll on your body.

No matter how small your progress is on quitting your gambling addiction, keep it up, it's still better than doing nothing about it.

As you have mentioned, cryptocurrency is volatile. It's really uncertain if the coins we hold today are still of value in the future. Remember, bitcoin is a speculative asset. However, if you really want so bad to have crypto as your investment for your children, then you should take a look at the chart, read some articles, and study the coins fundamentals and history. That way, you can smart guess what would be the status and potential of the coin you are thinking of investing in.

In addition, I suggest you add another investment vehicle for your kids and not just rely on crypto. It's still better to diversify than store all your funds in one asset. You can put it in other investment vehicle that you trust to work and earn for the long term. There are many other investments that are safe and could generate nice interests after a span of time.

There are several reasons why people panic sell. And there's a little we can do about it because it is still their fund afterall. Maybe we can educate to minimize.

The usual people that tend to panic sell are the begginers and the guillibles. These type of people panic sell because they easily believe the negative news about bitcoin without fact checking or hearing second opinion from the professionals. When Elon Musk tweets, a lot go crazy and sell their assets without analyzing the data first. They would rather believe random information they have seen over the Internet instead of looking at the market trend and history of bitcoin.

Despite this panic selling events, I think it's still quite impossible for bitcoin to be owned by the government. Bitcoin is decentralized and they can't manipulate it as much as they want, hence, there is no point in chasing it. What I think is the most probable is that whales will be gaining more and more as long as people will panic sell. The whales are geniuses. They take advantage of the market volatility which can make them earn more profits in the long run.

I really think amateur traders play a big role  in bitcoin volatility aside being its natural state.

Nowadays, bitcoin became more popular. It has higher demands compared to the past few years due to pandemic situation. The majority are finding ways to earn some income as well as alternative form of entertainment or past-time that could help them survive being stuck at home. That being said, a lot of begginers have entered the bitcoin community, which made them take a large portion of the users of btc.

It is a nice thing to have new users, don't get me wrong. However, these newbies usually tend to follow gossips and random information circulating the mainstream media. The begginers are usually worried and bothered so much that they ride the hype and participates to selling despite the losses due to FOMO. With this, the market becomes more volatile than it originally is. And most of the time, the whales are the ones benefiting - they can buy coins at a lower price and they can gain more profits.