Your argument is so funny ...

So it is more valid if a government prints a number on a piece of paper and tells you what the value of that piece of paper is, because they determine that by printing more or less of that toilet paper money? (People like you still believe fiat currencies are linked to Gold)

What happens if a software developer creates a software program or a application for your mobile phone? (Example : Apple Pay / debit/credit cards / Internet Banking / NFC payments / IMPS, NEFT, RTGS, IMPS)  .....all of these use digital "numbers" reflected of a centralized database to transfer value.)

You are such a Fiat sheep....     ....The world of payment systems and currencies are changing and people like you are clinging to the past.  

You are holding onto a "Titanic" that are sinking... and you are still singing and dancing and ignoring the tragedy that are happening with government controlled currencies.  

I think as long as you are not using VPNs to contravene any of the ToS requirements and if you can prove that you are actually using VPNs to access your account abroad, you will not get into trouble. (Your account has been verified and you have a legitimate reason to use it)

It is a lot like Stake.com co-owner (Eddie) that are Streaming from Australia, when he is hosting a gambling streaming session... He is a legal owner of the site, but he cannot access the site from Australia. (The servers are hosted and managed in another country, because online gambling is illegal in Aus)

Cannot see why OP, should have any problems.. if he was a verified user...  

So tell me why will any regulatory institution (SEC) close down Binance, when this is happening in the Banking world? https://www.complianceweek.com/surveys-and-benchmarking/report-fines-against-financial-institutions-hit-104b-in-2020/29869.article

I quote, " Collectively, financial institutions headquartered in the United States were hit with the most expensive fines, at $7.5 billion. However, fines against Goldman Sachs related to 1MDB accounted for 91 percent of the U.S. total ($6.8 billion)." <== Fines

Changpeng Zhao began working for the Tokyo Stock Exchange, so he knows what is happening in the financial world and how these private institutions are being protected.  

https://www.abc.net.au/news/2020-09-24/westpac-settles-austrac-money-laundering-case/12696438

I quote, " Westpac has reached a deal with financial crime watchdog AUSTRAC to settle more than 23 million alleged breaches of anti-money laundering laws by paying a record $1.3 billion penalty."   

It is very obvious that you do not understand the basics about how consensus work and how that is applied to the decision making regarding the coin cap. You also do not understand the "value" of digital goods and services, so you will have a difficulty understanding why people are willing to pay "physical" fiat money for that.

The younger generation grew up with digital items and they know why people will pay thousands of Dollars for a limited edition Counter-Strike weapon or even just a skin for a weapon. This is also why eight "digital" lots sold for a combined $1.5 million on the gaming platform Axie Infinity.

Do you even know how difficult it was to implement "SegWit" and why there was a Bitcoin Cash fork? (Imagine trying to convince full nodes to increase the Bitcoin coincap) 

I do not think people are more interested in Bitcoin (Crypto currencies) because they want alternative payment options. I think the main driving factor behind Crypto currencies are investment related. People are looking for ways to make money, during a period where "money making" through traditional methods are a lot harder. (businesses had to close and people lost their jobs)

Yes, there might be a small percentage of people who might be using Crypto currencies, but they are just a handful of true believers in the technology. ( I am one of them and I know of very little other people in my immediate surrounding that actually use Crypto as a currency, apart from online gambling and some Pornhub subscriptions. )

It is more appealing to use it as an investment option, because the volatility makes it attractive as a Commodity.  

I think it is a good thing when the Bitcoin community can be cleansed of the weak hands and the speculators. It will be good for Bitcoin if we can do that 2 to 3 times a year. It will also be great if the price will recover and then stay stable for months to give the merchants an opportunity to accept Bitcoin as a currency.

The primary goal should be for Bitcoin to be used as a currency and not as a commodity and high volatility is not good for a currency. Fiat currencies are manipulated by governments to be stable, but the Bitcoin price is purely based on Supply & Demand and it will take time for it to reduce the whales and to have a more even distribution of coins for a more stable price.  

It is really about time that someone (developers) can come up with something that can break the traditional "Bustabit" crash model, because every other copycat version used by other casinos are just some more of the same.

I also think the "show and tell" of the beta website was a bit early, because it is basically just the ToS and a little bit of information on the concept and not a working game or even just a video demo of the working game. 

I regard Elon Musk as a knowledgeable expert in Payment Systems, with his prior experience with "PayPal" .... but things are changing fast and I think Elon Musk is so involved with several other projects now, that he somehow lost his touch with reality.

The guy is not one of the richest people in the world, because he is a idiot... so you cannot disregard his inputs and opinion... but when his tweets are used to manipulate markets.. then I stop listening to him. (I am not into Pump n Dump coins)    <=== Shiba Inu

Guys, we been waiting for this for a very long time ====> Jammin Jars II  ..... I am incredibly stoked to this this being launched over this weekend, because I have lots of time to play it.   

I like the new fresh graphics and the "Fruit Blast" feature ... here is hoping that we will see this on every Stake Streamers session for months to come. 

The other new releases are also good, but I guess most of my time is going to be spend on "Jammin Jars II" .....Wish me luck!!!

Well, it is a difficult thing to answer... without having to risk ..getting you into trouble with your parents and also breaking some ToS and then having the trading platform "locking" or even closing your dad's account.  

So, that said.. Why do you have to cash out? Most Exchanges and trading platforms will just credit your cash balance when you sell, so you will not lose anything. Also ...some trading platforms will allow you to place "buy" and "sell" orders for a specific amount, so the order will be placed at that amount, without you having to interact with the platform. (Just automate the whole process, if it is possible with the platform that you are using.... this way your dad can approve the amount, whilst you two are together)  

Example : You and your Dad decide to Sell Bitcoin at $36 500 ... So you place a Sell Order for that amount and you just login again and set a new buy order when he is back at home. (A good bonding opportunity between a parent and a child... and he might even trust you to use his account, if he is not around.. just check in with him ... before you do something.)  

Let's not forget that some of the people that were heroes back then, turned into villains.... Let's take Gavin Andresen as an example.. He was the Lead developer for Bitcoin at one stage and Satoshi's successor, but after he spoke to the 3Letter Agency, Satoshi disappeared from the scene. (Gavin also had one of the first Bitcoin faucets...which paid between 1 to 5 bitcoins per person)  

Then he teamed up with Mike Hearn, AKA Rage quiter ( Bitcoin developer and former senior software engineer at Google ) and they tried a hostile takeover of the Bitcoin development and when that failed, they forced a fork that almost split the Bitcoin community.

Let's not honor some of the villains (Mike Hearn) of this experiment, because the damage that they have done, might be more than the contributions that they have done.  

You know what you can develop is something that Encrypt the Private Key when you have to "sweep" it from your Paper wallet to your desktop wallet.    It will be nice if someone will not be able to keylog your Private key, when you are in the process to sweep it from cold storage to your Paper Wallet.

So you can go offline when you "Copy" the Private Key, then this software encrypts it and then you go online again and it is in memory in a encrypted format and once you logged into your Online wallet and you Paste it.. it will decrypt it and insert it in the field to sweep the wallet. 

It is always stressful when you have to sweep a wallet and you do not know if it can be intercepted before you are able to sweep it. 

You know what this reminds me off?  .....Elections in Africa

I worked on contract in a lot of African countries and one of the things that often happens is this... a few days before the elections, a team of people will go into the poor communities and they will give people FREE bread and T-shirts, if they promise to vote for their party. (It is legal to do this, but they are not allowed to do that on election day)

Ask yourself this question... Why would they offer Millions of Dollars for people to get vaccinated? Answer  : Money!!!! (leave all the conspiracy theories about how harmful these vaccines might be) They hope that enough people will get vaccinated, so that restrictions on the economy could be lifted, once heard immunity will be reached. (No restrictions = More businesses operating = More Taxes for governments) 

Hey, he has been under the spotlight for market manipulation before and now he is back to his old tricks. This time he is using clever tricks to hide his agenda. (Saying things like... "I am looking for a Shiba Pup.." ).... to trigger people into buying Shiba coins. The SEC will have a hard time penalizing him, because the tweet has a double meaning and he will just deny that it had anything to do with Shiba INU. 

In any way, when you have loads of money... you are in a position to hire a army of lawyers to represent you, if they want to take this to court.     

Market manipulation is not that easy to prove and Social media tweets are open for interpretation. 

I was not very lucky with previous YGGDRASIL promotions like this before, but I decided to give it another try. My strategy is a bit different this time around, because I am not going to play just one of the Slots listed for this promotion, but I am going to do all of them.

I started yesterday with "Gator Gold" (because it is new) and I dropped 500 bets into it, but I did not win any of the prizes... then I switched to "Cauldron" with another 1000 bets and came out empty with that too... but with that said, won enough back to break even.  

I will play some of the older games today, to see if I can get one of the random prizes.     ( I like the fact that they do not have a minimum bet amount for this one, because the increased minimum bet during some promotions.. can be expensive, when you chasing a random drop )

So are people still using ByBit?     

In any way, you are really pushing it to introduce "newbies" to Leverage trading and I will never recommend "newbies" to start with that type of trading. I will much rather introduce "newbies" to Spot trading, where they will get immediate delivery and where they can trade with lower risk. (debt trading can be a killer) 

In any way, your strategy will be best suited to a more experience Spot trader, than wants to dip his toes into something new and with a slightly higher risk. 

So, with all the doubters bashing you...let me be the one that will congratulate you on being so disciplined to stay on this strategy for such a long time. I also followed a very disciplined strategy with my Bitcoin investments and it really paid off after 7 years.... so I know it takes a lot of self control not to cash out and to take the profits, when you focused on that end goal. 

A lot of people doubted me too.. and they even encouraged me to sell at the different All-time-high points... but I stuck to my strategy and  it paid off in the end. Job Well Done... 

Ok, we all know Crypto currency mining require a large amount of electricity.. so let's imagine this scenario. You charge your EV to 100% and you drive to work. In a parking bay, your EV starts to mine some Crypto currency and the battery are drained. Now you have to recharge your car again, before you can drive back to your home.  

It is fine if this Crypto currency is based on some PoS coin, because it consumes much less energy.... but then you have to lock up 1000's of Dollars worth of Crypto to allow you to mine these coins.  

Also, most batteries only have a few thousand cycles to recharge the battery and when those are done, you have to replace the batteries.. which will absorb most of the profits that you might have received whilst mining with them.  

So, as you can see... legislators are only worried about the taxes, because it all comes down to loopholes that can be used for tax evasion and that will hurt their budget. (salary)     They give a rats ass about the threat of the sovereignty of the Crypto currencies and the threat it pose for their reserve currency... because the potential tax losses is the most important. 

Also, the tradition financial sector are putting pressure on government to apply the same rules and regulation on Crypto assets, than what is required from them. (The brokers and financial investment firms are losing millions of dollars, because people are trading Crypto on their own and they not using their services.) 

I think I would do, what most newbies will do... which is nothing.

Let me explain... Most people fear the unknown, so when faced with something unknown.. they will do nothing, until they researched the new thing that was presented to them. When they fully comprehend what the "new" thing is, it will either tickle their curiosity and they will investigate further OR they will not be interested and simply find a way to get their hands on the "cash".

I have seen this first hand, when I gave people a "Paper wallet" with some bitcoins for Xmas... I would say more than 80% of those coins are still on the paper wallet and only 20% of those coins have shifted to a new Bitcoin address. (possibly transferred to an exchange to be converted to fiat currencies)