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ETH definitely gets the first spot due to its applicability but just wondering why XRP has made to the top list? When you say promising, that means there is a potential increase in price. I don't really see that in XRP really! Any xyz coins can have price increase potential but not XRP, if you look for a sustainable growth! Because the operating model of XRP doesn't allow that to happen. If you know their escrow release schedules, you will understand my point of view.
I recently heard that XRP is planning to get listed in a stock exchange. That can be a better bet in terms of growth. Ripple, as a company doing really great and their shares will have good value most certainly- but not the coin for sure!
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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. Interesting idea! But I am not sure if people will be interested in providing their funds to escrow to control their own willingness to gamble. Only a mature gambler would do this and when I say mature, it means the gambler has acquired the emotional control on his own gambling habits. An impulsive gambler wouldn't dare to loose control on his own funds ever. You can connect with reputable members to provide such escrow service and do a test run to check the ground reality. Then only you will get an idea on bow things will work on large scale! |
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Coinbase & Ripple ready for IPOs? Who else in Fintech will go IPO?
What do you think? Is this good for the broader crypto market? I'm thinking this maturation of the market helps the space overall. I don't know if the information is true, but if it's true, then it's a big news for crypto market as a whole. In that case, it will be better to buy Ripple's share instead of buying actual Ripple. Because Ripple is very focused on their business and they are constantly growing their client base around the world. They have been able to bag few commercial banks as their client last year. So Ripple's share is going to provide good return without a doubt. Because Ripple itself is a bad investment due to their operating model (their escrow releases). But the share will be focused on their real-world success in a less manipulative market. Coinbase, on the other hand, also showing great performance by adding new coins to their portfolio and definitely with their Pro services. If these companies can make it to the stock market, it will definitely bring a lot of eyeballs of wealthy investors towards the crypto market. A major milestone indeed, if it happens! |
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The modus operandi of ICO Bench was always questionable! During the height of the ICO market, they have made millions and money was the only thing that mattered to them over the quality and practicality of a project. They have promoted scam projects throughout their lifespan without looking into the credibility of any project. If you had few ETHs to spare, ICOBench was always ready to provide the promotions you want. I am glad they are now being investigated by SEC. Justice delayed by not denied, it seems!
But their website is down because of their domain has expired as noted by Yaunfitda already. They are probably trying to have a different name as ICObench has lost credibility big time.
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Hi,
I started playing in crypto casinos for a couple months now, and I just became curious about where all the expert crypto gamblers usually get your news and info.
I mainly use Best Bitcoin Casino, Crypto Gambling News, and of course here,
but are there any other sites that you guys recommend?
The main website I look is Bitcointalk gambling section. The reason is very simple, majority of the owners are active here so you will get to hear both sides of the story. One from user's perspective and another from the owner. Which really helps us to determine our next casino to play. Major crypto casinos have their own ANN thread in this forum which make it super easy for us to connect. The second website I look is "askgamblers. com". This is another similar type of news + forum website where you will mostly find unbiased reviews and user's comments. They have a big list of casinos available along with crypto related casinos. These two resources are more than enough to get a proper view on any casino available online. There are hundreds of casino review websites available, but majority of them are paid so you won't get correct information there. Hope this helps! |
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But most over-used feature of bitcoin by the scammers, money launderers, terrorists, drug dealers, arms dealers, Child pornography makers, PII sellers, contract killers etc. A meaningless argument. Privacy is the most over-used feature of cash by the scammers, money launderers, terrorists... etc. The entire point of money is that it can be traded for goods and services. The entire point of trustless, decentralized, money is that it can be traded for any goods and services. Drugs are the second largest market in the world after food. Every fiat in existence has been used to buy drugs for thousands of years. If bitcoin couldn't be spent on drugs, then it's not really money, and it definitely isn't decentralized money. A minority of bitcoin spending is on illegal goods and services, and of all illegal goods and services being bought, a tiny minority of them are bought with bitcoin. Makes sense, only if you want to glorify the crime! I understand drug is a big market worldwide and fiat has been used since thousand years for drugs but is it really where you want bitcoin to thrive on? Personally, I don't! But that matters least! I also understand the fact that bitcoin network can never be cleaned completely. It will continue to be used for darknet transactions and for various illegal things just the way fiat money were used earlier. The only thing I want to point out that "Privacy" is a feature that is being leveraged by the criminals worldwide and darknet is one of the prime examples! This illegal things would have thrived without bitcoin as well, but bitcoin (and Monero offcourse) is making it smoother for them! |
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Privacy is one of the most underrated feature of bitcoin. But most over-used feature of bitcoin by the scammers, money launderers, terrorists, drug dealers, arms dealers, Child pornography makers, PII sellers, contract killers etc. The list is long and I can write a 1000 words article on it. Those who have no idea what I am talking about, please visit dark web once with proper precautions like VPN and you will understand! Bitcoin literally is accepted everywhere in dark web for all sorts of illegal things. Dark web will open up a whole new world of bullshits in front of you - and yes, all powered by Bitcoin! “I don’t need privacy, I have nothing to hide”
“Blockchain is a public ledger where all the informations are completely traceable”
Those are two very wrong and “dangerous ststements”.
Also, is very common, even for experienced users, to trade privacy for some convenience, a nice and easy UX, or some unnecessary feature. Earlier also, I had a long debate with fellow forum members on similar topic. It's true that blockchain ledger is open for public and every information is traceable there. But that doesn't really matter because even if the information is available, the information owner is not known! So even if we see someone sending millions of dollars using bitcoin, we don't know who is doing that! So the information matters least unless you can link it to an owner! I am not bitcoin puritan but I really want to see a clean bitcoin network rather than being synonymous to illegal things! Just check the number of financial frauds happened in last 3 years and see how many are connected to bitcoin. Not a good picture, really! So for me, this privacy feature of bitcoin is really taking us off-track than bringing us on-track where we can see organic growth among the legal merchants and users. Really sad to see! |
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First payment received with thanks  ! It's a pleasure working with you Hhampuz. |
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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.
Why do you need a separate service for the same. Legal firms are already there who provides such service. The only thing you will have to do is to create a will and register it. Legal firms are obligated to maintain the secrecy of your details. If they do not adhere to that, you can get a great indemnification. Just pass on the private key in a sealed envelope to the legal firm along with the will and your next generation will receive it in a similar way after your demise. That's very simple and doesn't require a fortune to create a will. Don't really need a plithora of new services for cryptocurrency. Whatever we have already, can be used with little smartness! |
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Warning using stablecoins is dangerous. The CENTRE Consortium blacklisted a USDC address in response to a law enforcement request, freezing $100,000 worth of the stablecoin.
What happens when an address is frozen/blacklisted: it cannot receive USDC anymore and all USDC controlled by that address is blocked and cannot be transferred on-chain. $100,000 is a big money and I am sure this huge amount of money is related to some theft or illegal proceedings. So it's good to have such kind of controls in crypto market. This is the only way we can stop illegal things her. We often hear about million dollar hacks in bitcoin, but we need to realize that the uncontrollable nature of bitcoin is actually fueling such nuisances. With USDC, there's actually a chance of getting the hacked money back to its lawful owners. That's great for this crypto market filled with thieves and miscreants! I don't see any danger here unless you are doing something illegal! |
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Perfect statement @gentlemand! That's definitely it!
Bitcoin has definitely started as a revolution and with a pro-government agenda. But it has quickly evolved as a "get rich quick" scheme for majority. We have seen the height of "get rich quick" sentiments around bitcoin back in 2018 when the price reached ATH.
So one can't say if it's a revolution or evolution really! It's probably both and even more at times! I mean, it's impossible and bit stupid to classify bitcoin when it's just 11 years old. We don't yet know the possibilities that may come our way in future, it's endless!
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Visa has seen a significant business opportunity in CBDCs and hence preparing themselves in advance. Because CBDCs are indeed going to be the biggest payment trend in this decade. With China already started implementing digital Yuan and US is following the same trend, sooner or later, all other countries will follow the same trend. CBDCs are very beneficial for the countries because it will zero down the money printing cost and will gain the hawk's eye view on people's finances.
No benefit for bitcoin or altcoins here though!
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But if you have time at hand and thinking of buying a lambo like @webtricks did, you might prefer doing a method that allows unlimited volume of money to be transferred without any hassle.  Lol! In that case, Enforcement Directorate will come knocking my door and I will be in prison within shortest time possible! No! Free money is haram even in Hinduism!  LN will improve a lot of the merchant acceptance of bitcoin. We will see better and useful changes in bitcoin payment system them. So I am hopeful of it in the future of our economy.
True! So there's a light at the end if the tunnel. But lots of IFs and BUTs are there. LN will definitely increase the efficiency of bitcoin and may help in increasing the adoption among merchants. But I am now worried about the new draft legislation against cryptos in India. If it becomes reality, we are doomed to certain extent! |
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From careful observation, it's becoming clear that it may be hard for crypto to go mainstream without the involvement of the payment sector. Whenever we talk about cryptocurrency payment, we quickly want to adopt Bitcoin. I think we are all getting it wrong here considering Bitcoin's high transaction fee and relatively longer confirmation time compared to other crypto stablecoins or other faster crypto assets.
My personal take, however, is that, for crypto to go mainstream and the impact felt, the focus needs to pivot a bit away from Bitcoin. Yes, it is the first crypto, but at its present state, it definitely cannot fit into every area. This is my opinion, if you have something contrary, I will definitely love to hear them.
True! Crypto can go mainstream but at present state, Bitcoin can't. The reasons are simple - above average transaction fees and long confirmation time. These are two major technical bottlenecks. ETH is much more efficient as a payment method than bitcoin. However, bitcoin community is also betting big on Lightning network development. Even though LN has gone live, it has not yet received the desired attention to make it big. There are technical and security flaws as well - some are discovered and being worked upon and some are yet to be discovered probably. But above all, I believe regulatory matters are more important if we want to see mainstream crypto attention. Without regulatory support, it is impossible for cryptos to go mainstream. |
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I am very much concern with the bolded wordss so I like to ask your opinion on it.
We all know that slowly the crypto casinos are getting regulated as we can't deny it's been growing and gamblers are slowly adopting to it.
What we are enjoy now is an "anonymous gambling" is very satisfying to us, but will it be in danger when the market is fully regulated?
Your thoughts please! Regulation and anonymity can't go hand in hand! Both have its own pros and cons. Anonymous gambling is especially beneficial for thos where gambling is legally banned. So anonymity factor allows them to gamble even if their country doesn't allows them to do so. So anonymity factor helps increase the business for gambling houses. On the other hand, regulation brings transparency. In a regulated casino, players can be assured that they are not cheated by the owner. They have a grievance redressal system available. Personally, I feel anonymity is a very popular factor in gambling. A lot of people don't want to be disclosed as a gambler for various social reasons. But regulation will be here for longer run. The crypto gambling market is growing on a daily basis. So regulation has to come at some point of time in future. Till then, enjoy being anonymous! |
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This appears to be a political move from one or both parties, the two possible scenarios are;
• The Chinese government is attempting to use the popularity of companies within its region to get public data
• The Indian government is trying to hurt Chinese based companies as it has one of the largest consumer base for their products.
The Indian government would likely encourage its citizens to use local products, this however could affect the nation if this does not meet the required standards.
Both countries are members of the World Trade organization, with the goal of maintaining a peaceful and efficient trade between nations.
How do you think political interventions would limit the growth of companies and affect global trade? This step of India has already started affecting trades with China. I sincerely believe, it is good for India in long run. There will be initial hiccups for some manufacturing companies until they find a new supplier from India, but once a new supplier of raw materials are found, it can continue with their productions without any imports from China. It's indeed a great step taken by the government so decrease dependency on China products. Can you name one neighbor of China who doesn't have any border issue with them. Modi used right word about China - Expansionist! The "Vocal for Local" movement has just started and it will go a long way! If it's affecting global trade, no harm! China is a big threat to the world and they need to sidelined for good! |
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My extensive google search is not leading to a proper answer. What I got is standardize admission test for universities in US which is definitely not linked to this one!
What I belive, AC.T is some sort of codebank for global use. Which can be used by web developers or programmers worldwide for developing various projects.
Op - can you please share the link from where you have got this information? It may be able reveal more information about it.
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What is your opinion ? What will you prefer if BTC will become a legal mode of transaction ?
Share your views Even if bitcoin is legalised in India, I will still prefer UPI for regular transactions because of its speed, convenience and acceptability. Also UPI transactions are free so if I compare between UPI and bitcoin, the winner is UPI for me! In India, bitcoin is mainly used as an investment or trading instrument, but not as a payment method due to its transaction processing time and fees. It's convenient to use a bitcoin prepaid card though but that's not an actual use of bitcoin. Unless and until LN becomes widely known and used, bitcoin is a bad choice of payment method. Correct me if I am wrong! |
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I have just discovered my son ,14 years old gambling in this site.
How dare you letting Kids register into your site.
How can i report this site as It is illegal for Kids to gamble and its illegal for casinos to accento minors.
I'm not even sure why this site is operating in England without a UK license.
I'm looking for your license to report your site but I can't find it anywhere.
I'm furious., u have not shame..
Can someone advise me where to report this casino?
I understand your frustration. A 14 year old kid shouldn't be gambling in any way. However, you have to understand the limitations of online casinos. If a visitor enters his details posing as an adult, there's no way for a casino to catch that a minor is using their website. Same goes for porn sites as well. Also kyc is not mandatory in crypto related gambling websites unless a player requests for a big withdrawal. What you can do at this moment is probably start counseling your son and try to understand why he started gambling at this young age. Understanding root cause is really needed here. Reporting a gambling website to the authorities will not solve your problem. There are 100 of such gambling websites available which can be operated without kyc. So you son can simply move to other one. So counseling is the best option that I see at this moment! |
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