Damn, and I thought I overpaid when using services like Virwox or Bitonic.nl Would be interesting to see what happens if other countries apply similar regulations.
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Wasn't Circle specifically designed for people who have basically no understanding of Bitcoin or technology in general? If he can use the internet, it must not be that hard to explain to him how to use circle.
I think it's a better option than going through the hassle and risk of letting him do it through Localbitcoins.
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There are a place where you can invest and dont need to do anything besides pray to users keep gambling, the bankroll of some casinos is something people are investing and getting good returns into the process, sure make own project related to bitcoin would be safety but there is no way to say that it will be a sucess or used.
I'd also watch out when doing that, there's a thing called variance, so you could also lose money when investing in casinos. You need to pick one that's not likely to scam and one that has good bankroll management and enough traffic.
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This is definitely one of the more interesting ideas I've seen in here lately, I hope you can pull it off. But I think you really should diversify your funding sources and also look into crowdfunding aside from the ICO.
I personally doubt you can get the funds for this kind of project through an ICO, crowdfunding just seems more suited for a project like this.
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That's pretty crazy to think about actually, feels like we're getting to the late stages of the game, although that's not really true. I do hope we will see higher prices in 2017 and that more people get introduced to Bitcoin.
Another economic crisis might do the trick though...
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I'm not really into sportsbetting, which is one of the only forms of gambling were analysis is useful, except for maybe poker. If I want to gamble I just go with what feels right at that moment, otherwise it takes the fun out of it for me.
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I would recommend setting up a system where everyone who visits the site gets an account instantly, more people would be inclined to try it out that way.
The design is pretty basic, not much to be said about that.
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Begging in chat is really frowned upon everywhere, and usually you're banned from chat (rightly so imo) But I really like the Rainbot on Crypto-Games, if you're just active in chat, you'll get something to play with eventually, just don't ask for it.
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Just going to give you my personal opinion, but I don't have anything invested atm.
I've always invested with Crypto-Games and have never made a loss with that, that's because they limit the maximum return for bets, so a big loss is less likely to happen.
They have excellent bankroll management for their site in my opinion Even with small amounts I've made a pretty decent profit, usually after a few weeks.
I'm with their signature campaign, but I do say this honestly because I also play on the site a lot, and I genuinely like the service they offer.
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They're still not there yet IMO, bank transfers are still painfully slow and until that changes, I'd still prefer Bitcoin and even Paypal for practical use, meaning just sending money to someone.
And I think they are just interested in the technology behind Bitcoin, but afraid, I don't believe that.
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I wanted to reply to a comment on that last article you posted (10 bitcoin friendly countries): I feel germany is missing there, itīs 100% legal to use Bitcoin, a lot of btc nodes are in germany, even the german tax authority has an website about how to tax your bitcoin (25% on profits, but taxfree after 1 year holding etc)... Germany is also a safe heaven for data protection, has a reason the tor guys reside in berlin and not USA i guess.
Also look into belgium and switzerland a bit more, they are bitcoin friendly too. Totally disagree with the commenter that Belgium is a Bitcoin friendly country, there are almost no merchants in real life that accept Bitcoin. Also almost no Bitcoin ATM's, so compared to our neighbor, The Netherlands, it's really slim pickings here for Bitcoin people. I do hope that changes soon.
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Please post in this thread marijuana bitcoin related business opportunities
You can't start a business that is related to marijuana and bitcoin easily because in other countries, Marijuana is considered as a drug and illegal stuff so it will be hard for you to sell your marijuana by accepting bitcoin as a payment. There's a lot of market place in internet where you can sell that stuff and accepts bitcoin. Just explore and continuously surf the internet, someday you will find an opportunity that is not very risky. Bitcoin is considered illegal in some countries.. That doesn't stop us? China, literally one of the most active Bitcoin countries, and it's illegal for most. I STRONGLY disagree with it being card to sell Marijuana for Bitcoin. I own a dispensary and it happens to be one of the most popular payment methods. Not that I recommend by any means breaking your local/federal laws, I'm just saying it shouldn't be a hush hush topic anymore. Also was just completely legalized by several states in the USA, it's basically legal across Canada, Uruguay it's 100% legal. So again I don't think it's fair to say oh hey it's illegal so we can't talk about it, but Bitcoin, illegal in some countries. No issue. Bitcoin is popular for funding terrorism. No biggie though right? I completely agree with your sentiment about this, this topic should be talked about more in the open. Personally I'm unlucky to live in a country where it's still semi-illegal (Belgium), but the topic should be talked openly about if you're not pushing anyone to do anything illegal.
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I want to learn how to do binary trades on SecondsTrade. Is it really possible to make high profit easily? Or it's very risk and dangerous?
Binary just simply mean high risk than doing simple margin/normal forex trading. You can't modify your order, can't put stop loss/profit in binary trading so most of the time in short period options your profit depends purely on your luck. I prefer to do forex trading with 10x leverage rather than doing binary trading, i think binary trading as pure gambling. Yeah binary trading should almost be considered gambling, since it's practically impossible to predict the movement that accurately in the short term. But would like to know if anyone disagrees with me on this.
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If people want to prove that they own an address, they can already do this quite easily as it stands. And like other people have mentioned, there are already websites to check who owns a certain address, by checking where it's mentioned on the internet.
The idea of a reputation system is just flawed imo and could be easily faked or botted.
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What worries me the most is that I actually hear quite a few people (in my own circles), saying that they wouldn't mind if cash disapeared. I've had a long conversation with my girlfriend about this, who also thought initially that it would be better if everything was just digital but managed to convince her eventually that it might not be as good as it sounds.
To keep it short, I think too many people still rely heavily on cash and it would not be a good idea to keep everything financial under heavy government control (extensive monitoring etc.)
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This thread was opened during the lean months of bitcoin, where the price was ranging between $550 and $600. If the TS just held what he had from that time, he surely would have made a lot of profits, basing from the current price. If one has the patience to just hold and stay the course, it is sure to give a good amount of returns.
I seriously doubt that OP would have made more money and I totally dissagree that this thread was made during 'the lean months of Bitcoin'. If OP didn't have enough money to fully get into Bitcoin a few months ago, he also wouldn't have now. I understand that some people see the value of 600 or 700 dollars for one Bitcoin and think that it's just too expensive to get into or make money with it. Which is what the original post was all about, title is actually a bit misleading.
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I think the only reason Ebay will never accept bitcoin on the first place is that you can't do a chargeback when you do a purchase and something happens with the stuff you bought. Also Ebay and Paypal are the same companies, Paypal see the bitcoin crytocurrency as a treat and I don't think it will accept it as a payment form. That my opinion, the future will tell I think that's less of a reason for Ebay not to accept Bitcoin. I personally think it could just be that Bitcoin doesn't have enough 'marketshare' and possibly the fact that they have really close ties with Paypal.
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Crypto-Games Nickname: eternalgloom
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So basically, NetBet has just added another payment processor option. That's great and all, as it may help spread awareness of bitcoin, but what is the point of converting your bitcoins to fiat in order to gamble on a regulated site when you may as well just deposit fiat via the other ways available? Especially when a bitcoin withdrawal option isn't even available.
It's good if other well known casinos would follow suit and also adopt Bitcoin. Gambling can be pretty great for Bitcoin and I could see it being very useful for the traditional players as a means to gamble with increased anonymity. Although the anonymity aspect doesn't do much in certain countries which require gamblers to register before they can play.
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Some of the dangers of cryptocurrencies is that many are run by scam devs and sites, not the cryptocurrencies itself. Cryptocurrencies is decentralized and no one has control of it. Government can't take control over it because they have no base regulations for it. IMO, people should start to believe and use cryptocurrencies because cryptocurrencies have so much potential as digital currency in future.
That is a FACT. Those cryptocurrencies that is run by scammers. They only want you bitcoin or money and after launching,several months after they are nowhere to be found. The scam coins are pretty easy to spot usually, but you also have a few well built scam coins, can't really think of any at the moment, but a few years ago it was pretty common to see it here on the forum. Just don't visit the altcoin boards too much anymore now and stick with the proven coins and mostly Bitcoin.
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