Bitcoin Forum
May 25, 2024, 12:27:39 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 717 »
381  Economy / Gambling discussion / Re: How to manage gambling winnings on: January 14, 2024, 01:00:54 PM
Ok, so if I may ask..... What are you doing posting on a Crypto site, if you do not want anything to do with Crypto gambling? This is a "Bitcoin" (Crypto currency) discussion site.  Huh

You also need to take into consideration the taxes that you have to pay on the interest that you receive from the Bank. In my country that is automatically added on the tax return, but you have to make provision for that in your strategy.  Tongue
382  Economy / Gambling / Re: JustCasino.io | Get the Best Crypto Casino Experience on: January 14, 2024, 12:52:25 PM
Well, first of all...... welcome to the forum and also good luck on your launch of the signature campaign.

I had a look at your site and it looks solid.. only thing missing is a Sports betting option.. but I guess that is in the works. I also had a look at your promotions and scrutinized the "fine print" :

1. " The bonus must be wagered 40 times before any withdrawal can be made.... " Good luck with that guys...  Roll Eyes
2. " 7 days will be given to wager the bonus. "
3. " Free spins are distributed at 20 per day for the following 4 calendar days." - You get a 100.... but it is spread out.

It is small things like this, that are causing conflict .... and then accusations from people that did not read the fine print.  Roll Eyes
383  Bitcoin / Bitcoin Discussion / Re: Then They (REALLY) Fight You! on: January 14, 2024, 12:36:14 PM
From my perspective, Bitcoin is currently undergoing a multitude of attacks let's break them down one by one.

Political / Legal. The current political attacks being lead by senator Elizabeth Warren and cronies was initiated after being directed by Jamie Dimon (who has since been appointed as the AP or Authorized Participant for the largest BTC ETF). These attackers seem to be doing their very best to legally separate plebs from their sats while aligning Wall Street to become the custodians of our freedom money.



Technical / Social. The L1 Bitcoin network is currently being spammed by Ordinals and Inscriptions which is prematurely increasing the L1 transaction fees. This is pricing out many lower net worth folks from participating in L1 self custody. This attack seems to have a large amount of buy in from NFT pushers and alt coiners as well as a good chunk of the miners as most of the larger miners are being short sighted and looking to maximize profits in dollars as much and as quickly as possible. This has lead to a huge battle within the Bitcoin community and it currently remains to be seen how this will play out.



Wall Street Attacks. By now everyone knows that Wall Street is here as they have had their ETFs green light. If the first two days of trading are any guide of what's to come, then I'm afraid to say its starting to appear they're going to buy OTC and dump spot market in an effort to control the dollar price of Bitcoin. Just look at what Coinbase has said with respect to their reported $7,000,000,000 USD of OTC traded the first day ETFs did. None of course can be independently verified by any of us plebs. These ETF / Wall Street folks are asking us to invert the ethos of "Don't trust, verify." into "Trust us bro." In my view Wall Street would gladly take a substantial loss on these Bitcoin products so long by doing so they believe that it would greatly harm or destroy bitcoin in the process as Bitcoin is the largest threat to their way of life.



Great so what now? Any good news or anything we can do about it? Absolutely and glad you asked!

From my perspective the best part of all of this is that Bitcoin is still alive and is getting more publicity than any amount of money could have bought it! That being said I believe that all of this noise will get people to understand what Bitcoin is, why it's important, and eventually will understand that the only way to get it to succeed and create a more just and equitable world for all will be to hold Bitcoin in self custody. IMO they will realize that to do this in the most effective way that they will need to minimize their spheres of trust and will learn about how to create their own entropy with simple analog methods offline (such as flipping coins 256 times) and creating their own BIP 39 seeds. They'll also learn how to run their own nodes for verification and to transmit and receive their own bitcoin transactions. These actions will allow for the dollar price of Bitcoin to break free from their manipulation efforts and will eventually get us to a better bitcoin centric world that will break the monopoly of value creation and distribution from centralized control.

It has become obvious that the BTC ETF approval is with an ulterior motive from big players and SEC also.

Imagine the downturn in the price of Bitcoin and the expectation of the community before the approval, its in two opposite directions.

I don't consider the SEC a credible institution anymore as they have veered of their constituted course. We need them investigated ASAP.

I am with you on that one .... just watch the movie "Bitconned" where a Ponzi scheme was exposed and 200 000 ETH were recovered and then kept by the SEC and not returned to the investors.  Roll Eyes

I also think this "approval of the Bitcoin ETFs" were communicated well in advance to "insiders" that used that information to profit. (Buying at a very low price, way before this information were announced and selling it when the price were high) ==> So they already made huge profits, before the actual announcement were made.  Roll Eyes
384  Economy / Speculation / Re: Bitcoin ETF Approval; Price dumps, what Next? on: January 14, 2024, 12:03:40 PM
I also think a lot of people do not realize what are actually happening when "Bitcoin" are transferred over to a platform that are manipulated by Fiat whales. The traditional Fiat trading platforms are the playground of the super rich and they have the ability to manipulate markets with insider trading and also "circle jerk" information sharing that can be used to influence markets and even currencies. (Just Google on how Banks colluded to manipulate currency values)

These guys knew well in advance that these ETFs would be approved, they bought early and they are "selling" and making profits. They also know that there will be a "correction" phase and they will use those profits to buy low again and sell when it is high. Bitcoin has entered the regulated arena of the Fiat whales, where you get f#$ked by their centralized and controlled systems.  Roll Eyes
385  Economy / Speculation / Re: Bitcoin ETF Approval; Price dumps, what Next? on: January 12, 2024, 12:20:36 PM
There are a lot of liquidation going on by people with long positions that were hoping for a good outcome of the SEC approval of the Bitcoin ETFs.

The Bitcoin markets also priced in an increase in the price, before the actual event happens as we see with the "Halving" event. People buy more in the hype buildup before the actual event happens.

The actual impact on the price will be experienced over a longer period, as investors "test" the water with this new investment option.
386  Economy / Gambling discussion / Re: What's The Weirdest Alibi Of Gamblers So They Can Continue Gambling? on: January 12, 2024, 12:03:39 PM
I think the most original reason someone once gave me was the following ===> "It keeps me out of trouble" and this was coming from an elderly lady.

She explained that she was living in a retirement centre and she constantly got into trouble with the other people, so she decided to find something else to keep her busy... and she decided to start gambling.

She says spinning $0.05 slots for hours at a casino, help her to relax and reduce her interaction with the other pensioners.

387  Economy / Economics / Re: How will the BRICS currency influence Bitcoin? on: January 12, 2024, 11:10:30 AM
The creation of BRICS currency as an alternative to Bitcoin is a kind of fantasy or unrealistic. If countries want to unite and introduce a single currency system the influence of the largest and most powerful economy must be accepted. Apart from the core BRICS countries other countries are also doing business in local currencies. But creating an alternative to Bitcoin would be an attempt to change the structure of global governance in general terms.

I think you misunderstand the motivating factor for the establishment of this group, they do not want the participation of the strong Western countries.

They want to establish a "New" competition for the Western dominance by the West over the global economy. Those coutries misused their "power" according to them to advantage their own pockets.  
388  Economy / Gambling discussion / Re: Does signing up with affiliate links gives these benefits? on: January 12, 2024, 05:50:09 AM
Do you have actual evidence that casinos are holding back withdrawals on accounts that won large amounts of money?

The reputable casinos have fast withdrawals, no matter how much you have won...  it's just these smaller "shady" casinos with a small Bankroll that will stall withdrawals.

It is obvious that affiliate members will get prefferencial treatment, so this is not irregular in the industry. (Any company will give their VIPs better service)
389  Bitcoin / Bitcoin Discussion / Re: Want to know what etf really is on: January 12, 2024, 05:37:54 AM
I think the best explanation would be that it is a regulated investment option for institutional investors to buy Bitcoin without actually buying and holding it themselves.

I see Valkyrie Bitcoin Miners ETF (WGMI) performed very well in 2023... going up with 257.2% ....so imagine what will happens with the ETFs that were approved now.  Grin
390  Economy / Gambling / Re: How to self exclude from anonymous gambling sites on: January 11, 2024, 06:17:42 AM
The majority of the sites offer "Fiat" based payments too, like credit cards or PayPal, so these people will bypass the Crypto restrictions and just switch to the Fiat options that are availlable or the sites that offers alternative deposit options.

The real solution to gambling addiction is to acknowledge that you have a problem and to seek proffesional help as a long-term solution.

I am not saying "staking" will not help, I am just saying gambling addicts are very creative, if they try to manage this on their own.
391  Economy / Economics / Re: How to stay poor! on: January 11, 2024, 06:07:35 AM
Truth hidden in sarcasm makes more sense, because people never listen when you just preach to them.  Roll Eyes

Do not underestimate the draining power of cellphones and alchol in people's finances. People spend huge amounts on expensive phones or contracts or even just constantly buyin "data" for their cellphones and also buying too much alchol. (A huge problem in 3rd world countries)

The two industries market their products aggresively and the "Cool" factor are being used as a marketing tool to sell more of their product. (The more expensive the phone and your drink, the more "cool" you are... ?)
392  Economy / Gambling discussion / Re: Does it looks responsible as woman telling husband you gamble? on: January 11, 2024, 05:56:00 AM
There are many questions that needs to be answered, before we can answer your question.

1. Does your husband gamble?
2. Are there any religous restrictions against gambling?
3. Do you work for your income or do you get money from him?
4. Why do you have to keep this a secret?

A marriage is a partnership where two people work together in an environment of trust. You should not have to keep this a secret, if you are not doing something that will break this trust.
393  Economy / Gambling / Re: From $17 to $37000!!! Craziest Crypto Win in 2023!!!! on: January 11, 2024, 05:41:20 AM
Ok, so we see a picture of someone unknown, that withdrawn $30 000 in increments of $5000 and we are supposed to believe that it was proof of a winning streak from $17 to $35 000?

Show us a detailed bet history from the $17 deposit... so that we can validate this ourselves. I know Stake.com offers this function, but I think you can request that from the support on TrustDice too.  Wink
394  Bitcoin / Bitcoin Discussion / Re: Finally ETF approved on: January 11, 2024, 05:28:25 AM
The speculators will be celebrating with this news, but the real Bitcoiners will know that it is a sad day for Bitcoin.

Large Fiat rich centralized financial investment firms will now buy bitcoin in large quantities and this will increase centralize ownership of bitcoins.

These companies are purely driven by speculation and profit and not using Bitcoin as a currency. (Satoshi's ultimate goal for this technology)  Wink 
395  Economy / Economics / Re: Will the world soon become tired of the US dollar? on: January 10, 2024, 06:06:41 AM
The problem is this....

Countries can switch to another "currency" .... but how much demand is there globally for that currency?

We are already seeing how this backfired with coutries accepting the Indian Rupee. A country like China might accept the Indian Rupee, but other coutries will still only accept the US Dollar... then China are stuck with Billions of Rupee that they cannot use for anything else.

Yes, as soon as more coutries start to join BRICS ...dedollarisation might happen... but it's going to take time.
396  Economy / Gambling discussion / Re: Shared games helped you before? on: January 10, 2024, 05:59:26 AM
I think what is happening there are someone that are addicted to gambling, but he has no money to gamble, so he is gambling with other people's money to satisfy his needs.

He is hoping that you might hit it big with one of his random picks and then you will gift him some money, but he knows those bets come with zero risk... because you are funding these bets.

Stop helping him, friends do not do that to friends.
397  Economy / Gambling discussion / Re: Why gambling beginners must not joke with casino announcement on: January 10, 2024, 05:49:33 AM
The question will be, "How to identify scam casinos that are pulling a long-con?"

They usually come out and everything are done correctly, but then after a while... these casinos turn scam. They might run into financial problems or it was a strategy to draw people in and then to scam them, when they have big account balances.

A scam casino will look legit to loads of smaller gamblers, but the moment when highrollers with lots of money enters, then they start with their scam.
398  Economy / Gambling / Re: IsItProvablyFair.org - Instantly verify if the game you just played was fair! on: January 10, 2024, 05:42:06 AM
When you say that you might extend this offering for games on other sites, will this only be for sites that are using the Bustabit code or any other sites, even with 3rd party games?

Bustabit was my first introduction to "Crash" based games and I just love it. It can totally mess with your mind and you can think that it might be rigged, if you play it long enough.

Thanks for this service. 👌
399  Bitcoin / Bitcoin Discussion / Re: Hoax: No Bitcoin ETF approval (yet) on: January 10, 2024, 05:35:06 AM
Yea, I see FUD and "clickbait" articles being posted all over the Internet about these Bitcoin ETFs.

You also see a lot more articles with "negative" and "misguided" information being posted by mainstream media that are not supporting Crypto currencies. (The old school fat cats that got rich from Fiat investment options and family money)
400  Economy / Services / Re: Crypto casino investor on: January 09, 2024, 06:30:29 AM
Ok, so how can you validate your involvement with the project that you mentioned? Can you also verify your real identity to the potential investor? (Obviously not on here)

Telegram are famous for being a "scammers paradise".. why dit you opt to use that? What other platforms do you use to collaborate with your potential investors?

What other projects were you involved in and do you have refferences from customers you worked for?
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 [20] 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 ... 717 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!