Bitcoin is a currency, but we have been using it as a mode of investment as well. That however is a secondary thing compared to what fiat is for traditional markets.

While we have been taking investments in fiat for a long time, we became accustomed to it. For new crypto users this phase will takes time but gradually bitcoin will become second to fiat for them too.

I don't think it's unfair, but a gradual progress from one group to another.

Does bitcoin have a underlying asset? Or do people believe in it and can transact in it making it worthy? I guess this part of the economics is still grey in terms of textbook knowledge and needs more research.

We can take up the scenario of the Stablecoin USDT, it is backed by USD on the Omni blockchain but somewhat considered a scam by many crypto-users.

Legality is decided by the ones governing us. Not going into discussions of Anarchist ideals but if they declare it as illegal then there is little you can do about it.

Back to the question in your title, I think most stablecoins out there have a backing. Bitcoin not being a stablecoin does not have any backing. However this is not a proper explanation if the reverse is also true or not, just stating of facts.

I would suggest the OP to not follow any less known sites for this. If I recall correctly there is no such service still available, but I might be wrong. BTC mixers are common and well known but ETH mixers, probably was asked in some other topic in this forum but failed to reach a proper answer.

I would reconsider the reasons why you are trying to mix those coins. To remain anonymous or avoid tracking? Most of it depends on how your local administration handles cryptocurrency holders. The fear lead to the rise of mixers in this sector.

If you are desperate, go for exchanging to BTC and mix that then reconvert to ETH - not sure if that is a good method itself or not (?)
How about converting ETH>XMR which is a privacy focused coin?

Understandable that you are trying to push out your propaganda because you earn from it, but that is not completely correct. After being in the market for several years one which is unregulated and always under the vigilance of bigger authorities and scammers, manipulators, I can safely say that doing so can make you rich or poor at the same time.

The term "pro traders" is a misnomer and one that is rampantly used in the forum like they are real pros, they are not, but only self-proclaimed ones. Majority of the users who are making money are not directly trading but only marketing scams/gimmicks to newbies who are gullible enough to fall for it.

In short, like I said above, copy trading is a scam and if you dont believe it, dont. See it yourself and you will find out on your own. No need to trust my words for it.

Most people, that is the fiat using people dont care about centralized or decentralized, they dont want to mess up their work with these words and only want the hard green cash in hand. For them this wont matter.

Fact is that bitcoin users have always been against this idea. However with time they will be forced to accept the truth that without the banks support and development of own crypto or allowing merchants to freely access crypto, the users of crypto are going to lose the market to spend their coins.

Even if someone is a hodler, they need to sell at some point or another to book the profit. If there is no longer any market to sell, whats the use of holding them. We are optimistic about that future market and for that I believe banks involvement is essential.

You are assuming that one certain team of your choice is "best" and that they will win every game. This is not the case. Any team can win any game and more so matches may be fixed to fool gamblers, or just your bad luck that your winning streak gets broken in the middle.

Do we see a single team win every match in a season, No. But majority games yes, if they end up as champion.

What you rather need is analysis of previous matches and then calculated guesses based on that. Not just favouritism to one team and blindly betting on that. That is illogical and will end up with losses.

If you have been watching the market for a long time, you would not make that statement. Bitcoin is what sets the movement in the first place. Rest all altcoins simply follow the trend. Currently the effect is due to the Paypal deal for crypto payments and this fueled a big bullish trend. Altcoins are following it like anything.

But if you are wise enough you would sell off your altcoins at profit during this pump rather than keep holding on to them. Rest assured, they are not going to be next to bitcoin ever in future, they remain "alts".

I think you are referring to a long term approach in which case bitcoin is good as long as no huge problem arises in this world that takes down bitcoin with it. For the short term though the stock markets know their deal. Pharma and FMCG is what is making the profit these days if you had some holdings in those stocks already.

But I dont agree that anyone can make profits. I have seen foolish people put their money into other altcoins in the meantime arguing that they think it is going to go up - it is not, thats a ground rule when comparing with bitcoin.

Also avoiding scammers needs practice and experience. Newbies are at highest risk but I have seen veterans get scammed too, so no comments there.

Quite the correct point. They would rather keep the more secure/stable asset aka bitcoin with them and use their token to pay because they know it is a shitcoin.

But honestly, only the hunters care about each other and in a toxic way to the rest of the community. They fail to understand how this forum works and become less mature about handling things like negative trust and scam projects. Thus the reason why the established members of this forum have a dislike regarding them.

Anyway the middle ground for them is to take their risks for real, accept that the project is a failure and move on.

Scam projects are the bigger issue IMO.

No fellow bitcoiner, it is a gimmick. Let me explain it.

You are copy trading when you are simply following a bigger trader and copy pasting their trades in your orders. The may seem like a nice way to make profit but honestly, if it was so possible would the copy traders not have become millionaires themselves in the first place? Think about it, its not to. You understand the similarity of the confidence trick done with ponzi schemes here?

Majority of people talking about copy trading are scammers looking for money. They tell you that they are selling you the lists from bigger traders but it is complete lie. Orderbooks are open true, but orders made by whom are never open to others.

It ends up being a pump and dump and you are dragged into buying shitcoins while the bigger whale who told you to buy it, sells.

I see, this is an interesting information for many users in this forum who are taking part cross platform exchanges. I wonder how long it will take before this becomes something like a normal exchange for everyone. Would like to know more about it in future as to how they are mitigating possible risks associated with this type of conversions.
I have heard of wrappedBTC too, but it is not the complete package but a workaround to ERCtoken<>BTC exchanges. I believe that CEXs are DEXs are not meant to keep fighting for that problem and hope to see only "exchanges" in future even if asking KYC but having a legal backing from government to perform their business without hassle. It will obviously be a long way down after crypto can have a mainstream coverage.

Good job finding it and posting it here.

They stopped posting on the forum using their shill accounts because they are not getting bummed by the Type1Flag and newbies are getting cautious seeing it from outside the forum. Hence posting a thread about it will definitely help for those who are going to put up a search on any search engine about the site above.

No effort at stopping a scam goes to waste so keep up the good work. If they make any account to post, open a flag on them too, but I doubt they have the guts to do that. Make sure you report to NameCheap too.

Dude, at least spell the big names properly before posting the thread.
Anyway, there is also a whole lot of people who lost money too. You are seeing the survivor-ship bias here. Both groups may not have not known well what they were doing and so its out of topic to say that one group was advantageous of the other.

Considering the metrics of the investments in the world, nah. It is still a niche group. Of course bigger investment capital groups dont come under it, so you could be right too.

Wrong mentality though. Bitcoin was never meant to be an investment method, it become one, it was supposed to be a currency. Whether it gives big returns or big losses is secondary to its ideals.

In this forum you might find people who would agree with you, but the world outside is not like that. Many people out there have heard of bitcoin and dont really care, even after seeing its price pump. Majority of people who investment are worried about legal problems and dont want to run into troubles in the late years of life. Be practical you will also understand the sentiment from their point of view.

Check the swap that happened recently. It should solve your problem. You dont need to change the contract address and by all means doing so is impossible from your side. Neither is a new token address being used.

A similar topic came up a few days back and was solved similarly.

In future though, keep an eye on their telegram channel for news and development or at least sign up to their newsletter to make sure you dont miss out on such important topics which have been announced.

Its sad to hear for sure. Those who ran offline casinos have faced the problem but not just them but Hotels, Bars, Pubs, Restaurants and so on - places of public gathering. Now whether you want to gamble at that site again is completely your own choice.

Online casinos are always at an advantage here but of course the ambience of the offline casino is unmatched and the social gathering there is completely absent when you are "gambling from home".

Considering the fact that even online casinos have tech and support crews in certain offices around the world, I wonder how they are coping up. Of course the teams there are much smaller compared to the average employee/casino ratio.

Very few ideas end up as a real life case. Bitcoin was one of them but this wont mean that other altcoins are going to be the next.

The buzz that ICOs started after ethereum did pump the market, but you have to understand that unscrupulous people are very much in this sector and being unregulated without any authority they can never be stopped and they ruined what ERC20 token projects could have been.

Same thing happened with DeFi too now, it was there for a long period of time but this hype changed what it was, to simple lending pools and stablecoins.

However I dont blame a pandemic for this. Crisis will happen and we have to deal with it instead of thinking about it and its effects. Accepting and using a change for the better is what most of us fail to do but it is the way to grow.

There has been the recent paypal deal and the market is above all, bullish. But here lies the importance of patience.

They are still in the bubble I know, just hoping that gradually they will come out of it and understand the grim reality that bitcoin is the only thing that they should buy and hold on to. Not some crazy altcoin talking about changing the entire system and taking over the world. Thats a 13year old kid's dream not the sign of the sane minded entrepreneur.

At one time it was profitable for them and the ICO bubble made them gain some profits for those who sold at the top and didnt hold on to the shitcoins.

But this generated the market for more shitcoins which never crossed the ICO sale price and thus went down.

This has now become a well known scam. This week we are seeing these retro scams in bigger number like the Ethereum Diamond and now this one with the deposit trick.

Its like the con man who comes to you and says he knows how to make a 1000$/day and then talks all bullcrap about something that nobody knows of and then asks you to buy a book which tells about this methods for a 100$.

The scam is that 100$ and nothing more. If he does that to 10people per day, he is essentially making 1000$/day.

No my friend, you have better ways to improve this. You have talent and you are wasting it and your time by taking part in such projects.

What you can do is improve your posting habits and gradually rank up to higher ranks (for those who are not yet.)

Then apply for bitcoin paying campaigns. Trust me, you will be able to take part in the forum discussions and get paid a decent amount every week as a side earnings. You can invest your time in this and it will pay off. Sadly very few people have taken this advice.

If the project is a scam and is still asking for KYC then you can be pretty sure the data will be sold off to some darknet marketplaces. Also someone in the forum will post a scam accusation explaining the situation and that should stop the majority of the hunters who still have an intact brain. The rest braindead bounty hunters will be scammed like this and thus the cycle of frustration>depression>new bounty joining will go on.

The point is brought up more these days because there are many cheaters who use more than one account to spam the bounties and essentially defraud the project funds.