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.  

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.

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.

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.  

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)

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.  

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.

Truth hidden in sarcasm makes more sense, because people never listen when you just preach to them.  

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... ?)

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.

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.  

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)   

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.

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.

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.

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. 👌

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)

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?

The problem with everything you mentioned, boils down to unqualified people getting into positions of power. The moment when "merit" and "qualification" and "experience" is ignored to favor the appointment of a friend or a family member with political connections... then everything spiral out of control and eventually collapse.

Those people usually misuse their power and are not capable to do their jobs... and poor decisions or decisions that are made to enrich themselves or their family or friends (tender corruption) ... will eventually destroy the country.

The people in power will protect that power with guns... so it is very difficult to stop them.

The thing is, most casinos give people the option to self-exclude themselves, but they do not offer relatives of the gambling addict the option to exclude the family member with the gambling problem.

The other thing is, even after self-exclution... gamblers are bombarded with gambling advertisements, so the temptation is still there in their face. (Casinos should remove all marketing to those self-excluded people)

The gambling addict should also take resposibility for their actions and accept that they have a problem and that they need to seek proffesional help.

The casinos all have their own different reward systems, so it is not easy to compare them. A lot of them are also not very transparent about the calculations that are done to receive these bonuses or VIP rewards.

Take the Stake.com bonuses as an example, most people have an idea what the base amount is for the Weekly and Monthly, but they do not know the rest of the formula, because it depends on what you wagered on and how much you lost.