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3741  Economy / Exchanges / Re: Bittrex blocks verified accounts due to one's locale on: March 05, 2022, 03:08:08 AM
Bittrex couldn't be more unclear on this. Which sanction in particular? Is there a particular US sanction which orders crypto exchanges to freeze the crypto assets of Russian users? I don't think there is.

You can read all the coverage of OFAC sanctions here https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information, Yes they have a policy to do such things since they considering Russia as threat to there economy and since Bittrex is registered to US, they are force to follow OFAC order for sanction. This is the downside of being CEX that registered under a strict government rules.

This is as clear (or unclear) as Bittrex's response. I don't think it is fair for Bittrex's blocked users to be just told that their accounts are locked in compliance to OFAC sanctions and if they have questions or confusions they may "read all the coverage of OFAC sanctions." It behooves Bittrex, or any centralized exchange for that matter, to specify and cite the particular section of the sanction that orders US crypto exchanges to block users from getting access to their funds. After all, US-based crypto exchanges such as Kraken, Coinbase, Gemini, and others are not imposing the same to their Russian clients.

Please note that I am assuming that OP's Bittrex account is locked because he/she is located in either Russia or Belarus.
3742  Economy / Exchanges / Re: Bittrex blocks verified accounts due to one's locale on: March 05, 2022, 01:36:30 AM
Bittrex couldn't be more unclear on this. Which sanction in particular? Is there a particular US sanction which orders crypto exchanges to freeze the crypto assets of Russian users? I don't think there is.

While there have been repeated calls from Ukraine for cryptocurrency exchanges to freeze crypto assets belonging to Russian users, I guess the ultimate decision is left to the exchange. US-based Kraken, for example, didn't heed the call.

So I don't think Bittrex is simply complying to an official government order. This is Bittrex's sole decision.
3743  Economy / Gambling / Re: [GUIDE] 10 complete steps for new casino into this forum on: March 05, 2022, 01:04:09 AM
More than half of the list are not really steps for casinos in this forum. They're by default the necessary things to do if they want their casinos to succeed, whether they choose to be present in this forum or not. Even regarding paid shills; it is not only in this forum where paid shills could be active. Many casino reviews elsewhere are made by shills.

As regards number 6, I think it is most acceptable for casinos to present the beta or even alpha versions of their platforms. Let selected users try their platform, make a review, report bugs, raise suggestions and recommendations, and so on. This would help the casino come up with a much better final platform.
3744  Other / Beginners & Help / Re: People hate what they don't understand. on: March 04, 2022, 05:43:31 AM
No, you may expect these centralized exchanges to block or freeze Russian accounts. They are not Bitcoin. Binance is not Bitcoin. Binance does not represent the spirit or philosophy of Bitcoin. Bitcoin is freedom; Binance is not. Bitcoin does not discriminate. Bitcoin does not have the ability to identify Russians from other nationalities. Bitcoin cannot tell whether a person is a man or a woman, pro or anti democracy, in favor or against the Russian invasion, and so on. So you cannot expect Bitcoin to act or respond in times of geopolitical aggressions. But, again, Bitcoin is not not Binance or Bittrex or Huobi or Kraken or whatever centralized and privately owned companies.
3745  Economy / Economics / Re: Usdt and usa dollar is in danger on: March 04, 2022, 05:07:38 AM
Expect that every US president will protect the USD. Expect that all US presidents will do everything for the USD to remain powerful in the global scheme of things.

You know what, I've watched old interviews relating to politics, civil rights, and other topics. And it is surprising to know how these talks of the USD being in danger or at risk, falling out of value, losing global influence, and so on have been around for many many decades. And yet, so far, the USD is still the most powerful currency in the world until now.
3746  Bitcoin / Bitcoin Discussion / Re: Governments that accept Bitcoin for public services on: March 04, 2022, 04:43:38 AM
Ohio should have been on the list. It's unfortunate that the state has suspended its crypto tax payment portal OhioCrypto.com. The suspension has been running for years now and there seems to be no date yet when it will resume. Perhaps there is no significant demand for it.

I guess this is also more or less the same in cities where Bitcoin is accepted for public services payment. It's interesting to know how prevalent the use of Bitcoin is where it is accepted. That's probably a better gauge in measuring Bitcoin adoption-- it's actual use instead of just acceptance.
3747  Economy / Economics / Re: Who will Replace Russian Gas Supplies to Europe? on: March 03, 2022, 04:22:04 AM
It's gonna be a double-edged sword. That's a lot of money to lose. But, if they are willing to sacrifice in the name of a countersanction or countermeasure against all the sanctions imposed on them, it will definitely be a devastating blow.

That's the primary consideration by the Germans on why they didn't impose the strictest measures against Russia. But now it seems Chancellor Olaf has already taken a full U-turn against the Russians notwithstanding its gas dependence on the latter. So I surmise they must have already found an alternative source/s.

But I guess by this time, western countries have already communicated with middle eastern oil producing countries and gas producing countries like Canada and Norway to increase their production to make up for the loss of supplies coming from Russia.
3748  Alternate cryptocurrencies / Altcoin Discussion / Re: Women and Cryptocurrency on: March 03, 2022, 03:26:45 AM
I am not a fan of gender surveys in crypto. What is the goal? What does the data signify? What could we make out of it? Does the number represent women empowerment or the lack thereof? I mean, what's the relevance? Perhaps I am more inclined to be interested in more fundamental gender surveys like, how much say do women in the family have in terms of investment-related decisions?

It is just men are adventurous when it comes to investment compared to women...

...men are willing to take risks, therefore it is not surprising that there are more male crypto holders...

I can sense the traditional and obsolete patriarchal view in these posts. If these were true, it would be interesting to ask, why are men adventurous in terms of investment using the family's money? Why are men more willing to risk the family's money than women?
3749  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Family on: March 03, 2022, 02:54:33 AM
Props to them. I'm happy for them. But I don't recommend such path for other families. That kind of life is not for everybody. For one, it is definitely impossible for the majority of the world's population to live with Bitcoin only.

If one has a lot of money, whether it is in fiat or in Bitcoin, he/she could do the same. But to an ordinary Juan who has to work in order to eat, that's something he/she could only dream of.
3750  Economy / Service Discussion / Re: Top 9 Trusted bounty campaign manager. on: March 03, 2022, 02:18:16 AM
Bounty managers come and go. The ones on the list may be trusted. But can we say the same to the projects whose bounty campaigns they are handling? I don't think so. I can still remember many big names in the past as far as bounty campaigns are concerned. They are all gone now, probably not because they are not good managers or they are not trusted but because many of their projects ended up as failures. After all, we all know how the altcoin market is inundated with scams and weak projects.
3751  Economy / Gambling / Re: Join a collective boycott of all Russian gambling platforms on: March 03, 2022, 01:57:52 AM
May I know what is the point of boycotting those casinos?

Simply put, as a form of protest.

Do you think the Russian economy will be affected due to this?

Of course not; But neither will this:

~snip~

I would never want any innocent civilian to suffer, pro-democracy or not, Russian or not. However, I am seeing the economic sanctions and all these forms of protests by individuals and companies to be the better and much more peaceful options.

The US, NATO, and other countries won't be sending fighting forces against the Russians. Neither will they be attacking Russia itself. That's good. But how do we bring Putin to his senses, to his knees? How do we make the evil in him realize that what he's doing against a peaceful country is bad? How do we pressure him to pull out his troops? How do we make him stop?

As individuals and private companies, we only have two options: do nothing and remain silent and, therefore, let the evil prosper or contribute a little to somehow show to the Kremlin that we are against the war. "Individually, we are one drop. Together, we are an ocean."
3752  Economy / Gambling discussion / Re: Gamble what you can afford to lose on: March 03, 2022, 01:19:29 AM
To a certain extent, it takes two to tango. While every person has the freedom to decide for himself/herself, it doesn't mean he/she is impervious to the effects of ads. The truth of the matter is that ads have a certain influence in the way people act and decide. Well, as a matter of fact, it's the primary goal of ads. The effects of ads could go as deep as the psychological level of an individual. This is probably the reason why a lot of countries are very strictly regulating gambling ads, even banning them.

Anyway, self-discipline is always necessary. Where self-discipline fails, the government comes in bringing in regulatory policies.
3753  Economy / Service Discussion / Re: Steam removed bitcoin because half of transactions were fraudulent on: March 03, 2022, 12:54:17 AM
50% is most probably just an exaggeration. Just like the statement "a game could cost $10 one day and $100 the next." These are all hollow statements. They are doing a proper business, perhaps they could also cite valid and solid reasons. For now, these appear simply as excuses.

I don't know what's their real issue with Bitcoin but fuzzy statements like "a lot of the actors who are in that space are not people you want interacting with your customers" and "we had problems when we started accepting cryptocurrencies as a payment option." They're not stating facts here. Anyway, it's always their choice.
3754  Economy / Gambling discussion / Re: Have you ever subscribe to any tipser giving sports betting premium picks? on: March 02, 2022, 04:14:04 AM
I cannot remember subscribing to any tipster. I think I wouldn't spend any money on another person's opinion. What I can remember, though, is that I actually placed a number of bets on teams and players recommended by tipsters. If I remember it right, there were a number of tipsters here who gave away free tips. I was thinking those free tips were more or less reliable considering that they are selling subscription. They should somehow provide the most winnable tips because they're trying to establish a name and make a market. Their accuracy is made transparent by their free tips. As expected, though, I was losing more than winning. I had a net negative.
3755  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency will not save Russia from sanctions on: March 02, 2022, 03:31:33 AM
Of course. There are limits to what Bitcoin and other cryptocurrencies could do. While the use of Bitcoin could probably ease the sanctions in certain aspects, it is helpless in many. After all, the sanctions are imposed on fiat accounts and banks and reserves. What could Bitcoin do, for example, if the Kremlin's hundreds of billions of US dollar in foreign reserve is frozen? How could Bitcoin be of help to the elites in Russia if the sanction is depriving them of access to their foreign bank accounts?

In that aspect bitcoin cannot help Putin access the $600+billion in their foreign bank account. But, for the sake of some minor transaction I think bitcoin will be a helping hand to Russian citizens and not the Government since the huge sum of bitcoin transaction would be gazed on razor sharp by the USA.

Yes, of course, Bitcoin could still be a helping hand not just to the ordinary Russian citizens but also the government. But, like I said, it has its limits, especially now that all kinds of sanctions are already imposed. Things could have been a lot different had the government and its people acted prior to the invasion and the imposition of sanctions. But things like cross-border transactions which the sanctions on banks are heavily disrupting could still be remedied with the use of Bitcoin.

Of course. There are limits to what Bitcoin and other cryptocurrencies could do. While the use of Bitcoin could probably ease the sanctions in certain aspects, it is helpless in many. After all, the sanctions are imposed on fiat accounts and banks and reserves. What could Bitcoin do, for example, if the Kremlin's hundreds of billions of US dollar in foreign reserve is frozen? How could Bitcoin be of help to the elites in Russia if the sanction is depriving them of access to their foreign bank accounts?

Yes what you say is true, all of that could have happened if they had known that bitcoin could help the Russian economy at this time.
It is very sad what is happening right now in their country.
Hopefully all the regulations and sanctions will not happen so that they can still use their foreign banks.

It is indeed very sad, but I wouldn't hope that all the regulations and sanctions are lifted. Putin has to be brought to his senses.
3756  Bitcoin / Bitcoin Discussion / Re: Binance is refusing to block Russian customer's crypto wallets. on: March 02, 2022, 02:59:16 AM
I don't see anything wrong with this. Why should Binance deprive the Russian people from having access to the better currency, especially during these times of conflict and uncertainty? I know that various sanctions in place are in effect ultimately hitting civilians in Russia, but some of them might be justified. To a certain extent, the Kremlin will have to realize that bringing unprovoked war into a sovereign country will have its consequences to the general public. And that's now being felt by ordinary Russians, many of whom might take refuge in keeping the value of their money in Bitcoin. They shouldn't be deprived of this haven while the Russian ruble is crumbling down.
3757  Other / Beginners & Help / Re: In times of conflict Be your own bank on: March 02, 2022, 02:29:48 AM
Looking at the circumstances which Russians find themselves today, I would say that they should have been their own bank prior to this conflict. They should have been their own bank when there was still peace. Now, in the middle of the war, they are too limited in their actions. It's a little bit too late.

Yes, Bitcoin must be a safe haven in the face of a falling ruble and all the sanctions, but what could you do when your fiat is already restricted? Where were you when you could still withdraw all your fiat and convert them to Bitcoin? Now, withdrawals are limited, online transactions as well. Visa and Mastercard have blocked Russian banks. A lot of Russian banks are now banned from SWIFT as well. Even crypto exchanges where Russians could possibly convert their fiat into Bitcoin could ban them, too.

Preparation is always done beforehand. Noah didn't build the ark when it was raining.
3758  Economy / Economics / Re: Understanding Putinīs Russia economic capabilities on: March 02, 2022, 02:00:15 AM
The problem is that all these facts are not easily available to the ordinary Russians way back home. The brainwashing at home is strong. There is very tight information control. Stifling the opposition is a government priority. Thus, there is very little pressure on Putin at home to stop making this unnecessary war which would definitely result to their economic downfall, whose brunt would be felt more by the ordinary citizens than the leaders.
3759  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency will not save Russia from sanctions on: March 02, 2022, 01:38:09 AM
Of course. There are limits to what Bitcoin and other cryptocurrencies could do. While the use of Bitcoin could probably ease the sanctions in certain aspects, it is helpless in many. After all, the sanctions are imposed on fiat accounts and banks and reserves. What could Bitcoin do, for example, if the Kremlin's hundreds of billions of US dollar in foreign reserve is frozen? How could Bitcoin be of help to the elites in Russia if the sanction is depriving them of access to their foreign bank accounts?
3760  Other / Beginners & Help / Re: DON'T QUIT on: March 02, 2022, 01:06:13 AM
Well, whatever it is that gives you peace of mind and a good night's sleep. Quit if you must, I must say. The Bitcoin market is not friendly all the time, especially if you are a newbie who's always checking the price every now and then. If Bitcoin's volatility and risk are giving you anxiety and sleepless nights, and you can't take your eyes and attention away from its short-term price movements, then perhaps Bitcoin is simply not for you.

On the other hand, if we speak of the wider crypto market, failure abounds even more. One has to invest with more caution.
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