Actually, as a user, we can't really feel much of this regulation except for the KYC part. But we don't have to worry as in most cases, KYC is just for big whales. That might be annoying for these big players but for us average players, nothing to worry about as long as we are not doing something unusual.
The problem is we don't really know how these gambling websites handle our private informations because even if we don't do anything suspicious, they can still be use on illegal activities once it's in the hand of criminals. Even if they are reputable in this forum, we can't guarantee that our credentials are safe. Do we know if their database of our information is safe from hackers? Are our information not being sold yet on the black market? Things like these are what scares many people about this gambling regulation. Nothing connected to the internet is safe from hackers. Data can be leaked without any doubts, but in casinos' defense, I must say it is not an exclusive issue with them. Even your government can leak your data through a malicious employee who have access to it and want to make some dirty money or through a common hacking attempt, depending the security level of your institutions. Anyway, I don't bother with this issue very much. If someone is using my documents for criminal purposes, it is going to be investigated by authorities and they will find I have nothing to do with this, finally reaching to the guilty criminals after all. There isn't perfect crime, and someone using others' identities to practice their scam schemes is only buying time, what doesn't prevent them from inevitably being caught after a while.
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Yes, I stop playing and get really satisfied on this situation. There is no reason to want more from a gambling session than the double of your initial bankroll. When we are lucky we need to make that luck worth something, because it makes no sense to be lucky and continue playing until eventually losing all the profit recently made. So stop while you can, enjoy your profit smartly, and if possible make it grow investing somehow.
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I think it would be interesting if you launched a series of weekly or monthly badges players could earn by completing challenges on your dice game. Each badge would add points and once the player reached a milestone, he would then receive a reward.
Let's say a player collects 50 points with badges, reaching his first milestone. So he receives a reward from your casino. And the longer he reaches, the better becomes the rewards until hiting the last one of the weekly or monthly contest.
This way the contest is encouraging because everyone can earn, instead of rewarding top wagerers exclusively.
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I talk to people about bitcoin. They don't understand very well how it works and want to know who is behind it, as it had a supplier like the government or central bank. Then I tell them bitcoin is decentralized and has no authority behind it and that anyone can acquire bitcoin from the original source by mining it virtually with hardwares and that the total supply is limited to 21 million btcs.
But I think it is too hard to understand such things, so they end believing it doesn't make sense and that I'm probably being fooled by this bitcoin thing...
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Due to the bearish market, there are very few opportunities in crypto market for someone to work as a full time worker, but there are people doing this already. Every crypto platforms need different kinds of professionals to operate, so there are programmers, designers, advertisers, support team, financial analysts and advisors... All these people can live from crypto income, working for one or several companies at once.
On this forum, thanks to signature campaigns, it has been a reality for many members. The tendency is that the number of spots available in crypto industry rises in some years, as we enter a new positive market trend, so more people will be able to join this sector and earn a decent income from it for a living.
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It is not so easy and worthful like it sounds. It would be great if you could simply grow your crops, harvest everything and take it to the supermarket for profit.
However, supermarkets already have their suppliers who need to be regulated by the government in order to be able to sell the crops, what involves extra costs for the farmer and also for the supermarket due to taxes. Moreover, even if you manage to make the sale the supermarket pays much less for your crops than the final product's price.
Just as example, I collected eatable seeds from a local species of pine once and took it to the supermarket. For each kilogram I was paid 0,60$, while the supermarket sold each kilogram for 1,60$ in the end.
It doesn't feel rewarding. It feels exploitative and frustrating, because you had to do the most part of the job, which took time and effort, while the supermarket simply displays the products there and receive almost 200% of your profit.
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The only currencies I'm trusting to hold are cryptocurrencies, and a little bit regretful already for not selling them last year. Fiat currencies we have to spend and invest in something solid which can gain value within time, that is what I have been taught despite inflation.
The sooner you learn this lesson the better, so you won't regret your decisions when you see the purchasing power of your savings decreasing considerably after a year or two.
Buy a house, an apartment, a piece of land (preferentially with water source) if you have enough money, but don't hold fiat for too long.
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The pros of having a bitcoin cult is that this group of people is going to defend bitcoin's principles on its essence and original purpose. This group is active since the beginning of bitcoin. They are early adopters, have some technical knowledge the average adopter doesn't have and aren't just speculators looking for get rich overnight schemes. Therefore, bitcoin cult is here to stay doesn't matter the market's situation, they are loyal.
On the other hand, the cons is that bitcoin cult doesn't accept criticizes or suggestions on what could be done to boost adoption and usage. They despise every cryptocurrency besides bitcoin and centralized platforms like exchanges. They don't see or don't care centralized services are needed in order to bring more adopters to this financial universe.
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Maybe someday if I have the opportunity to go abroad to a country where gambling is legalized I will visit a land based casino. For now my only alternative is to visit illegal casinos, because gambling isn't allowed in my country, so I prefer to play solely online at crypto ones. Anyway there is not much pleasure when going to clandestine casinos, because the machines are old, makeshift and since the place must be hidden, it is not captivating and beautiful like a touristic legal casino.
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For me anonymity is not an important feature anymore. With so much KYC demanded everywhere you need to adapt yourself to the environment or give up a plethora of crypto services and opportunities. In fact, internet isn't anonymous anyway. Some people have a false sensation they are hidden, but governments' agencies, especially from the world's potencies like US and China must have top notch technology we can't even imagine.
In conclusion, it is a lost battle, so better that you don't commit any wrongdoings online because you never know who is watching you and how they are watching you.
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If I'm not mistaken, Crypto.com is also sponsoring Qatar world cup. Maybe they were really too ambitious with their marketing. They should have gone slower expecting the bull market couldn't last forever.
But I don't think sports are losing popularity or being replaced by esports. Each niche has its public which seems to be very loyal to the content they consume. What I see is a notable growment in cryptp and gambling advertisements at sports events, although it is more related to soccer.
I believe traditional companies found more efficient and cheaper ways to promote their products and services on the internet, therefore sports events had to find alternative companies to sponsor them and that is what is happening.
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Winning limit is only worthful when you win big, so you can use your prize to change your life financially without risking losing it gambling anymore, but for daily gambling sessions winning limits won't make any difference on long run, as you will lose more money than you win after a while.
I use only stop loss limit rule. If I lose a determined quota I must stop playing to come back only when I recover that sum of money through another sources of income that don't involve betting. The less I lose, the sooner I will be able to gamble again, however, the more I lose, the longer it is going to take until I will be able to play again.
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I think there isn't any strategy. If a country forbids gambling in general or specific gambling websites, there is nothing they can do to bypass the ban.
Some users may try to use VPN, but it is not advised in any cases, because it can be used as excuse by casinos to block an account or deny a withdrawal. If it happens, the gambler has to accept his fate because he was playing from a forbidden country and using a tool to mask his location.
About bribery I'm not sure if online casinos really have to use this kind of approach, since they have the whole world as potential customers and don't need to focus on specific areas and regions to make their businesses successful.
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It would depend on the rules of the giveaway set by the manager, but if I had to choose I would prefer to split the prize between the two gamblers who reached closest to the picked number. I think there is no reason to be greedy desiring the whole prize for yourself, while you can share it with someone else and still receive a very decent amount of money. Both sides win in the end, everyone is happy because they are going to enjoy their prize!
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Maybe it's not the perfect time yet, because bitcoin can continue losing value and as many have already bought bitcoin this year thinking they were buying the dip it might be risky if they continue acquiring more btcs on the currently moment. For new investors I would say it is a good moment to start holding, but for veteran investors I think it's a moment to wait and see how the market is going to behave soon.
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Below all the moving averages, its less clear on a daily bar this is only 4hr but I find 4hr is high enough a time frame often to point to wider moves that might continue. If Asia corrects us back above 19.5k in a few hours then consider it a false move but if it should snowball into a bigger sell then it looks bad.
Asia will be open or at least the traders will be waking up in the next couple of hours. Yes, for now it doesn't look good but we are still above $19k-$19,100. At least that is good enough sign that we will not go below that price again. I guess the negative news about a hack on some altcoin platform really affected the price again to go below $20k. Nevertheless, a bounce back is imminent and so I don't think there will be a big sell off that will push the price. We just have to be patience and positive that we can recover to our biggest support of $20k. Support is strong at 19,000$, but it is unlikely for now that bitcoin is going to surpass the 20,000$ resistance line and keep stable above that price. At least that is what most recent tendencies show us, because as soon as btc approaches 20,000$, the price suddenly and sharply falls down to the support level. Unfortunatelly minor news are maintaining bitcoin's price downside, while what we need in fact are positive major news to change the tendency upside. I guess this year is lost already. Maybe next year holds a brighter scenario for crypto (I hope so).
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Metaverse was a marketing strategy launched by crypto speculators to initiate a new hype to replace NFTs, so they could continue profiting with crypto. Anyone creating a 3D environment nowadays entitles it to be a metaverse, while in fact it already exists since the beginning of the internet with the first online multiplayer games where players could have their own customizable avatar and walk freely through different scenarios.
Now that crypto market has hit a bearish season, projects in general, including metaverses slowed down a lot. It is likely many of them won't make it to the end, what is positive for crypto enthusiasts, since many investors won't lose their money investing in low potential projects.
It is still a mistery, though, what metaverses are being developed to stay (and if there is any).
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These are the elaborated top tier pump and dump schemes, because they invest in expensive marketing through celebrities, going beyond the usual pump and dump scheme which relies only on cheap marketing (bounty hunters) for advertisement.
Some people might invest because they follow and like the celebrity involved, but in most cases I believe people buy the idea because they think if the project has enough funds to hire a fancy promoter, it must be a solid project which isn't going to die soon, otherwise they wouldn't be investing so heavily in celebrities.
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Any children's exploitation is disgusting, especially like it is done on this awful platform (or social media?) Tik Tok. Besides the usual worthless dancing brainless content to lobotomize the masses (using kids too quite often) they also feature children in precarious situations, facing the consequences of war, hunger and poverty to go viral and feed the audience which somehow enjoys this kind of content. After all they ask for money, although it's not clear how it is being distributed exactly. Very shady practice, but common on third world realms and in the depths of internet.
Tik Tok is full of businessmen/managers who use and exploit others' images, especially uneducated ones, for their own benefit, like the character Stromboli in Pinocchio's story.
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The best for bitcoin is that Satoshi's identity remains a mistery forever. If at some point his identity were revealed there would be serious chances the impact for btc would be very negative. It could lead investors to panic selling and the mainstream media to create lots of narratives about the hidden goals and purposes of the creation of bitcoin. Maybe it could mean the end of bitcoin, being it replaced by an altcoin, probably ethereum.
Anyway, although we are curious about this matter, I think we should be just thankful for his invention and for all the fruits gathered so far.
If his identity is revealed there will be negative effects on bitcoin, but not to the extent that it is the end of bitcoin, bitcoin will always exist and thrive as long as our needs remain. Satoshi is the creator of bitcoin and he can hold a lot of bitcoins but I guess he can't control bitcoins either, so his presence won't change the decentralized nature of bitcoin either. Let's say bitcoin is over, I see it's also the end of the entire crypto market, there's no reason why ethereum or any other cryptocurrency should ever replace bitcoin. Not all deserve to sit in the place of bitcoin, centralized altcoins. That is a risk to be taken if his identity is revealed. We don't know exactly the dimension of such consequences, but I've read some speculations on the internet saying it can be heavily harmful to bitcoin if it happens and it makes sense, because investors would avoid bitcoin if they thought they were being manipulated by a hidden agenda controlled by few individuals, since the proposal of bitcoin is decentralization and going against groups of power. About ethereum I mentioned it because it is the natural second choice, as eth is the most popular chain for projects/tokens developers.
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