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4261  Economy / Gambling / Re: Rollbit.com | Crypto's Most Rewarding Casino 👑 on: May 09, 2021, 06:27:02 AM

I am too late either, I was seeing the announcement on Twitter about 1-2 hours ago however, I found the code "trezoreth1559" and got the maximum reached. Seems, the Rollbit has the silent reader, when seeing the comment, only a few people post.

Only 100 claims available, Rollbit twitter followed by 33K people so of course it will run out very quickly, and every giveaway will definitely be very much in demand, including on twitter. I even found out from your post because I haven't check Twitter for 2 days.

Yea, that is the standard with many of these giveaways... the casino give way too little of them ..for the amount of people that are subscribed for the site.

At least these are done on Twitter and not on live Stream Twitch sessions, where the people with the fastest bandwidth, get all the giveaways and the people with lag get nothing.  Tongue 
4262  Bitcoin / Bitcoin Discussion / Re: The United States is increasing its bitcoin hashrate in the region. on: May 08, 2021, 05:33:22 PM
The different US States should actually grant large mining farms some kind of tax reduction, if they establish their mining farms in that State, to draw more miners to relocate to the USA. We all know the Chinese government are going to create their own "GovCoin" soon and then implement regulations that will put restrictions on all other mining operations that are not supporting their "GovCoin"

These operations will then have one of two options.... Relocate to another country where Bitcoin mining is allowed and supported OR keep on mining in their country, but only mine the Chinese "GovCoin"  Angry
4263  Economy / Gambling / Re: Be Aware Phishing Roobet.com on: May 08, 2021, 10:57:16 AM
Guys if you fall for this one, then you are simply just too lazy to type... because it only take about 2 seconds to type "roobet.com"...

Yes, a typo can happen.. but people should really double check any URL that they type to make sure mishaps like this does not happen. I happy to see that the site is red flagged for some... so you will immediately know if you made a mistake.

Also, people should know by now, not to click on any Url in emails or other platforms... because 7 out of 10 times, when you receive unsolicited emails, you are being phished.  Roll Eyes
4264  Economy / Gambling / Re: Stake.com - Casino & Sports - UFC Official Betting Partner - Play Smarter 🥊 on: May 08, 2021, 08:04:50 AM
He never stopped making bets over $50,000 per bet he's like satoshi nakamoto who doesn't have a Bitcoin limit  Smiley https://imgur.com/dlWNN52
Will stake allow someone to play like this without verifying the account ( KYC) ?

MalteseFalcon also won the number 1 spot on the $1 000 000 race last month, wagering the most money on the site. This earned him $250 000 for the first prize.  Wink   I really think someone with that amount of money, should be able to "hide" his real identity to protect himself.

Stake will reach out to him/her to verify the account, because they have to protect their license by adhering to the KYC requirements, but I think only a select amount of people will have access to his/her details.

It is only money laundering once a person starts pushing money through a casino and withdrawing it on a regular basis.  Wink
4265  Bitcoin / Bitcoin Discussion / Re: chances of bank closing account if you buy bitcoin on: May 07, 2021, 05:45:35 PM
What are the chances of a bank closing your account if you buy bitcoin? i have heard people say they closed down their bank account for buying bitcoin, but this might have been a few years ago. he only said they closed his account, there is no chance of them taking all the money in your account, correct?

The chance is very big that they will do this again, because they did that in the early days.. when Bitcoin was still a huge threat to them. If you want to be safe, open a new account at another Bank ...just for the purpose of using that for Crypto currency transactions. (That way, if they close the account.. it will not be disruptive and your other savings will be protected.)

Banks quickly saw that they were the off-ramp for Crypto that was converted to Fiat and that they could cash in on the transaction fees of these trades... so they forgot about those days.  Roll Eyes
4266  Bitcoin / Bitcoin Discussion / Re: When will the Fiat slaves from Old school Investment companies get Bitcoin? on: May 07, 2021, 07:49:59 AM
I think most of the people responding to my thread... did not get it. I am not actually talking about Fiat slaves getting coins..but rather getting the concept of why we (Crypto enthusiasts) invest in Crypto currencies.

Most of these old schooled Fiat slaves are simply not getting the bigger picture of what real freedom means to us. When you are part of a flock of sheep, you follow the guidance of the sheep dogs. (Why, because you are scared of the dog)

Satoshi Nakamoto removed the dogs with the introduction of an alternative payment option, so that you (public) do not have to live in fear.  Wink
4267  Economy / Economics / Re: Warren Buffett says he's sees ‘very substantial inflation’ and rising prices on: May 07, 2021, 06:43:37 AM
One of the reasons why some product prices are going up, is the fact that more and more companies are closing their doors due to bankruptcy. (A lot of the smaller companies are operating on a small budget and the Covid lockdowns wiped out their client base)

Now, the remaining companies and services have to fill the demand for those products and services and they know they can increase their prices, because they have less competition.   
4268  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be hijacked by world billionaires??? on: May 07, 2021, 05:29:41 AM
Look at it in this way, if the Billionaires of this world buy all the bitcoins in circulation, then who is going to determine the price for them to sell it? We had a situation like this with my kids, where one of the kids in their school had very rich parents. So what happened was that as soon as there was some new "craze" at school, this kid will get his parents to buy him loads of these things (like marbles or collector stickers etc.) and he will spoil it for the poor kids.

So the kids quickly caught up with what happened and they collectively decided to create a new "craze" every week. The rich kids parents quickly got fed up with all the money that they had to spend each week, to buy these things.... so they stopped doing it.  Grin

There are 1000's of Alt coins out there, so if the rich people of the world want to buy all bitcoins, then we just change the "craze" to a new Alt coin... and let them push up the price.. so that we (early buyers) can profit.  Grin
4269  Economy / Economics / Re: April 2021 set a new record India. How much effect in Indian economy? on: May 06, 2021, 08:40:43 AM
I think the next GST (Return) cycle are going to be the devastating one for India. This one covered a period where the impact of Covid was not so severe, but the next cycle will definitely not be the same. India will receive pressure from other countries to impose a national lockdown and if that happens, the economy will suffer. (Companies closing and lots of job losses)

A lot of the budget is also going to be redirected towards strategies to stop the spread of the virus. (Large amounts of PPE's and also vaccines) ..so that money has to come from somewhere or service delivery will have to suffer.  Roll Eyes
4270  Bitcoin / Press / Re: [2021-04-19] Why Crypto Stocks Plunged Today on: May 06, 2021, 07:09:45 AM
www.fool.com <------ Need I say more? Can you take a website serious, when it has a name like that? A site that are focussed on traditional Fiat investments and also a dedicated section just for Warren Buffett?  Roll Eyes

It just fart out the old, "The X government is going to ban Crypto currencies" nonsense and people on their site that are invested in Crypto currencies, panic and they sell their coins. (Basic FUD and misinformation rubbish to sabotage Bitcoin)  Roll Eyes

4271  Bitcoin / Bitcoin Discussion / Re: My feelings after 11 years with crypto. on: May 06, 2021, 05:23:01 AM
If you have made loans or if you took credit from your credit card to buy bitcoins, you might have been worst off... than where you are now. You have to remember that loans and credit has to be paid off and you would have had to do that for several years.

Some people did that in 2017, with the ATH of $18 000 and the price plummeted to $3000 and only recovered 3 years after that. So for that period ... they were stuck in debt... thinking they would make huge profits.  Roll Eyes

Do not live in a world of "IF" and "BUT" ..... decisions was made and risk was taken and it did not work out for you. Sell those GPU's to gamers, because GPU's are expensive now and very scarce. (Take some of the money and invest it in some Alt coin with potential and take a break from Crypto currencies... until they go to the Moon)  Wink
4272  Economy / Gambling discussion / Re: Feel Pressed Something while Gambling on: May 05, 2021, 01:22:43 PM
I remember back in the days when you still used physical coins to gamble, people believed that the coin machines filled up and it had to pay at some stage.. so they did not want to leave a machine.. if they knew it was almost full.

So I watched a lady play on a specific Slot machine and it did not pay out for hours.. so I also thought it was almost full. When she ran out of coins, she left the machine to get more and I jumped on the chance to take her chair. I sat there playing for almost 3 hours and nearly pissed in my pants.. (because we drank a lot of Beer, whilst we were playing) but it did not pay.

I eventually ran out of coins too and I had to run for the toilet, because it felt like my bladder was about to burst. Irony.... when I came out, the guy who took over from me, won the biggest Jackpot of that evening.  Angry
4273  Bitcoin / Bitcoin Discussion / Re: Would having a Debate like: Bitcoin vs Gold win more crypto investors on: May 05, 2021, 08:55:52 AM
It will be a awesome battle, if you can get a person like Andreas Antonopoulos to represent the Bitcoin side of this debate. I will even pay to see such a discussion, because Andreas Antonopoulos presented "Bitcoin" to the Canadian senate and it was "Epic" to have seen that.  Wink

Some of these "Goldbugs" are very fanatic, so it will make for some interesting confrontations, if we can get some of them onto a platform like this. I hope OP is asking, because he wants to arrange for something like this?

Keep us updated.  Wink
4274  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 05, 2021, 07:24:15 AM
Sometimes I get promotional emails from freebitcoin regarding the deposit promo after I clicked it turned out that only bitcoin deposit methods were available of course I avoid everything that uses bitcoin for deposits so I mean why not provide other methods such as altcoins
Maybe because name of website is FreeBitco.in, not FreeAltco.in
But yeah, it would be nice if they would start supporting altcoin deposits. I remember they planned to support few main altcoins year or two ago, but so far it wasn't implemented. When transaction fees is so high, Bitcoin deposit isn't good option.

Haha that makes sense but it doesn't answer anything  Cheesy
Maybe they forgot about it , it's not difficult for them because they had a freedoge site a few years ago it just took a little bit of development to do it
maybe  player will increase if altcoin is available as a deposit.


I think they learnt some lessons from hosting the Dodge coin faucet and it will be counter productive for them to open the platform for other Alt coins, because they do not want to create another use case for Alt coins to thrive, when they want people to buy their new token.  Wink

This does not look like a very large operation, with loads of support people that are available 24/7 .... so just imagine if you add 20 extra Alt coins and the support are flooded with additional Alt coin issues.  Roll Eyes

Disclaimer : This is just my own observation and opinion.. I might be wrong.  Wink
4275  Economy / Economics / Re: disruptive market idea on: May 05, 2021, 06:50:22 AM
we all know the normal way markets work. having an order book that starts at a price and allows for prices to go down to zero..

but has anyone ever thought of making an exchange/market that actually allows for change

where the lowest bottomline available order does not have to be zero..

heres the idea
imagine a asset price starts at $10 and bottom starts at 0
if the price goes down. bottom is still 0..obviously
but if there is a new high of say $10.20. the new bottom becomes $0.20
if the price goes down. the new bottom does not change and stays at $0.20.
but the new bottom does not go up unless there is a new high

basically an exchange that has a moving bottom based on the ATH
my demo is not specific to be a bottom $10 under a ATH
it can be be 1% of ATH or even 0.1%.. the parameter is not important
not limiting it to crypt exchanges. but also any asset. auction.

imagine art.
if one piece of art from an artist sells for $1k. the minimum bid becomes say 10% meaning never again will any painted be bidding for less than $100 for that artist.
if the third painting goes for $5k. no painting or resells of old painting ever be at a starting bid below $500
and so on

so economics guys discuss the pros and cons of a 'moving bottom' market
i have a few idea's for both myself but lets hear from you.

whats good or bad about markets having a moving bottom and why has it not been done before

#franky1 .... no market should be forced to accept a minimum price that are predetermined by the platform that provides for that market. Yes, auctions does that, because the seller wants a minimum price for the item, but Crypto currencies should only work on supply and demand.

Let's take some of these shitcoins that are sold.... let's say a shitcoin (pump n dump) gets identified ....people lose interest in that coin and the price must go down to zero.

Market prices should not be manipulated by centralized exchange platforms, because they are not the people who should predetermine the price of coins.
4276  Bitcoin / Bitcoin Discussion / Re: When will the Fiat slaves from Old school Investment companies get Bitcoin? on: May 04, 2021, 04:24:26 PM
If you ask me, the later the better for small ordinary people who will get a better chance to get their share of the cake - because if we take the example of a company like MicroStrategy, none of them will be satisfied with less than a figure of 50 000 or 100 000 BTC in their portfolio, and then what will be left for the others if they buy most of the coins?

If we put aside all those stories about how the institutional influence on the crypto market was only a matter of time and that the market is open to everyone - the question arises as to what the same market will look like in say 10 years if more than 50% of circulating coins are owned by a few dozen large global companies? As for the price, the remaining 50% will certainly be very satisfied, but it will only be a question of when they will decide to sell.

Be careful what you wish for, lest it come true!

Ok, let me answer your question. Once the majority of coins are in the hands of the large institutional entities, demand for those coins will go down. (Coins must be in circulation and trading volume high for the price to increase)

When the Average Joe realize that this scenario happened, they will simply target the next big thing. (Another upcoming and popular Alt coin) So institutional investors will have to start selling some of those coins, because a drastic drop in the price will take place. (Old school Fiat investors scare easily, so they will start selling above their buying point to prevent losses)  Grin
4277  Bitcoin / Bitcoin Discussion / When will the Fiat slaves from Old school Investment companies get Bitcoin? on: May 04, 2021, 01:21:14 PM
I recently read an article written by a Chief Financial Officer at a large and well known investment firm and the writer just do not get it. I will quote his argument and our (Crypto investors) answer below :

1. Bitcoin and other Crypto coins are not approved by financial institutions regulators
Answer : We do not care, Bitcoin was supposed to be an alternative payment option to the old traditional (regulated) Fiat options.

2. Bitcoin and other Crypto coins are mostly used for criminal use.
Answer : Really? So what did criminals use before Crypto currencies existed? Most financial crimes (and other) ...still involve cash.

3. Currencies are usually considered as a payment method, not an investment.
Answer : Forex - Need I say more?

4. Bitcoin does not have the safety net from government oversight.
Answer : How many of the previous Bubbles was prevented by government oversight? (Tech Bubble / Property Bubble..... ) They could care less, if it collapse, they just want their taxes.

5. Wealth Managers (intermediaries) does not exist in Crypto currencies. So there is no licensed and accredited advisors in this space.  
Answer : Yes, this is exactly what Crypto currency investors want.... No 3rd party, taking the biggest piece of the pie.

People should know that these so-called regulated financial advisors are just in this for the profits and they will happily screw you over to get to those commissions. (Ding Ding, another sucker was hooked)

Let's educate them .... Wink
4278  Bitcoin / Bitcoin Discussion / Re: Africa still leading in BTC trading despite government policies on: May 04, 2021, 06:41:28 AM
I am not really sold on the concept that African countries are the current "leader" in the market for Bitcoin (Crypto currency) trading. It will be nice if you can post a link to your source for that information.  Wink

I think the global leaders in Bitcoin trading is centered in the USA / UK / China ....but that can only be proven, if we get reliable data from Exchanges. (I am saying reliable for a reason, because some Asian markets manipulate trading volumes on their platforms)  Angry

4279  Bitcoin / Bitcoin Discussion / Re: eBay to be pursuing crypto payment options for its customers. Thoughts on: May 04, 2021, 05:47:35 AM
Did you notice how he worded the statement that he made? He kept it open ended for a reason, because he is not specifically naming a single Crypto currency like Bitcoin. You might see a brand new eBayCoin being released and they might not even worry about using any other Crypto currency.

The reason for this is simple, because the Bitcoin Blockchain is so congested, payments takes a long time to confirm and customers want near instant payment networks. It is also about control, because they can control their own Blockchain and tokens and the amount of tokens that can exist.  Roll Eyes
4280  Bitcoin / Development & Technical Discussion / Re: Offline Transaction on a airgapped computer -Transaction process- on: May 03, 2021, 12:52:21 PM
Guys, How can this be done in a more simple method? I create my Paper wallets on a old computer and printer that never goes online. I then transfer coin to it, but when I want to access those coins, I have to sweep those coins back to a desktop wallet. (This action actually voids that wallet, but I do not care that I cannot re-use that ..because I can create 1000's more from the offline computer)

The air-gapped computer needs a lot of knowledge from the average computer user and are definitely not for people who does not want to Geek out to do this. (It is the safest way for people to use their wallets, but the process is horrific for newbies and people with average knowledge on Crypto currencies) 
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