Just want to how one goes about selling huge about of BTC, I'm talking like 200BTC for a 6/3 discount. Any help or advice will help me out for sure , looking for buyers preferably private buyers that are ready to buy, let me know what you guys think
If the amount is so huge then I wouldn't make the mistake of selling it all in one go because the chances of getting scammed becomes higher. I would rather sell it in pieces, thus decreasing the risk. You can sell it on binance and then transfer the fiat to your bank account. |
|
|
|
Change the bank? I don't even know which one is fine for this.
I'm located in Belgium. I tried joining crypto groups on facebook. It seems that others had no problems a while ago. But they go for DCA or small amounts. Trying to stay under the radar while I want to be open about it. Buying BTC is not illegal in Europe. But banks treat you like it is.
My bank instantly blocked payments (6k) to Binance and Bitvavo.
Now I'm gonna miss out on the opportunity. I wish I could hold them accountable.
Binance also has a P2P feature which you can try. It is monitored by Binance and so it's better in case of any disputes. You can also change your local bank and deposit an amount in it which you want to buy crypto for. Or if there is any other local exchange in your country then you can deposit money there and then transfer your coins to your wallet. |
|
|
|
Hey house someone need a few clips here, don't know if a post of this exact nature has been discussed though.
In a situation where the both spouse are gamblers. Husband gambles, wife gambles, how can both of them manage the situation in terms of finance and the family affairs especially when children are now involve so that the time both spends on gambling doesn't affect family moments and affairs in general.
Would it help if one of the couple quit for the other and if that's the case who should quit for who.
I would rather say that both the people should quit gambling when the family is involved. It would be a big problem if one of them has to quit and the best thing to do would be that both of them just quit. This way both the parents would be able to give time to their family. If at all they don't want to quit gambling, then my suggestion would be that they should take turns in months. So that one would gamble this month and then the other would gamble the next month. May be this way, one of them or may be both of them decide to quit gambling since they would be taking a month's break inbetween. |
|
|
|
You can watch this video from 07:20 if you want to skip on the other parts: https://www.youtube.com/watch?v=sxty2XhTwVIBasically it's very simple. You take a currency that requires 21 days for staking/unstaking, then you deposit this amount in Atomic Wallet, stake it and then you can't gamble with the crypto you're holding. The locking (staking) is done with one single click of a button, and it's practically speaking, equivalent to activation of self-exclusion on an online gambling site with a click of a button (and yet not all sites offer it unfortunately). For example, you stake (lock) $200 of your crypto, and that's all crypto available for you - then you can't play/gamble/risk it for at least 21 days ... do it 15 times a year time after time, and you would be excluded for a long time. The only drawback with this method is Atomic doesn't offer this on USDT so some "gamblers" might not like this idea because they trust stablecoins more than other crypto coins, but this is FYI. Lol, if it would be that easy then nobody would be a gambling addict and everyone would just self exclude from gambling sites. Not just staking but there are other alternatives like fixed deposits where you can't withdraw without paying some additional fees. But people should have that kind of self control to self exclude themselves and that's where the problem rises. Many gambling addicts don't really have the self control to self exclude themselves from gambling sites. |
|
|
|
It's the end of the year again,where the pressure of wanting to "flex" or look fulfilled for the year,while in reality the year might have not gone so well.
So many people look for get rich schemes with ridiculous percentage gain,this scammers know there's an increase desperation by people this period.
So they ride on your greed to make it quick and rip you off your hard earned funds.
It's imperative you take your time, know what you're getting into before venturing into it, remember all that glitters isn't gold. If it's too good too be true,my friend I can tell you for free, it's most likely to be too good to be true.
Stay safe my friend.
We have seen in the past that when bull market starts and the hype over crypto is built up then a dozen scammers pop up everyday phishing for newbies. People who stay active on this forum have a benefit over others that they know about the various ways scammers use to scam newbies. |
|
|
|
Yes, that's it, as an investor would you pay such an amount to automatically become an El Salvadorian citizen? According to the news on various news site, El Salvadorian government has partnered with Tether to launch a program tagged "Adopting El Salvador Freedom Visa Program.” Applicants are required to pay a non refundable $999 fee in BTC or USDT, if the application is successful, they'd be required to undergo KYC and a $1M dollar deposit in BTC or USDT to secure a freedom visa and citizenship. The new program is primarily focused on enabling participants to play a role in co-creating a future that will set new benchmarks in culture, safety, technology, and societal progress. By participating in establishing El Salvador as a dynamic global center for cutting-edge technology and financial innovation, individuals become integral partners in steering a nation toward exceptional growth and evolution and offer a path to obtain a Salvadoran Passport. Share your thoughts, would you do this if you've a very deep pocket? https://tether.to/en/tether-powers-el-salvadors-visionary-freedom-visa-program-through-technology-support/If I would have that kind of money then why would I care to get a citizenship of El Salvador while I can use that money for my own good. Although El Salvador has adopted bitcoin but it doesn't mean that people should pay such a huge amount to them just to get a citizenship. That's a huge amount for a citizenship. |
|
|
|
Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.
Wallet of Satoshi is just by the way of name, don't make it sound like as if the inventor of bitcoin is the one responsible for such wallet because of the name it was been called, this wallet would have been recommended here if it has the very useful demands from the crypto community and bitcoin network, but people don't see the need for using such base on what they requires, this same wallet was banned in US, you may not be able to see it on their play store list because of such reasons. I have never heard of this wallet before. Even I was in doubt when I heard the name "Wallet of Satoshi". Seems like a clever trick from the developers to lure beginners to use this wallet. No wonder it got removed from the App store. |
|
|
|
anyone deposited very less amount and luckily won a big jackpot like a 100x or 500x or 1000x of base bet and withdrawn without kyc or without facing any problem from the platform?
if yes, how much was that amount? and what was the casino?
Not everyone is lucky enough to win big from gambling sites. Because winning big is a matter of great luck. And gambling sites are setup in such a way that they usually don't win anyone. For example, in the crash game, when all users withdraw their bets, it increases by hundreds. And it crashes when users hope to win big without withdrawing their bets. I have noticed this for a long time. So expecting great things from gambling is often a great folly True. I have lost a lot in crash game. At one point of time it was my favorite game and I used to play it everyday. Just when we think it will surely cross 1.5x and are ready to withdraw then it crashes, burning down all our money. Coming back the OP, although I haven't won 100x but I have won a small amount and was able to withdraw it without any hassle on BC.GAME. |
|
|
|
The first attempt of gambling by anyone that the result comes out to be a win can be a trap if one is not careful and conscious. Have noticed people who plays gambling on their first attempt and win thinks gambling is very easy because they were lucky to have a win in the first attempt, whenever it happens like this with beginners they still want to play more and as they continue it is just a simple strategy to lose all they won in their first attempt, it is important new gamblers shouldn't tricked to play more expecting to continue to have more wins.
It's not a trap but the mindset of the gambler and the greed of winning that makes them think they will win more if they keep playing more. Also, there are many people who lose in the beginning and so it's all just luck. Some people win in the beginning and some don't. Newbies these days have the access to the internet and be aware of the common mistakes people do when they start gambling. So this keeps them one step ahead which is a benefit for them. |
|
|
|
As far as the KYC for withdrawal is mentioned in the T&C of the site nobody can do anything about it.
Most people ignore the T&C of all the sites and then complaint about what the site has already mentioned.
If the T&C doesn't mention KYC norms and yet ask for it then we can raise a scam accusation against them.
Gamblers do not even try to read the T&C properly while creating an account on the gambling site, so that they face many problems later on. However, many casinos do not make KYC mandatory on their sites, but they add their T&Cs that they can ask any of their customers to kyc at any time if the gambler's activities are suspicious. So here the gambling sites take advantage of the gamblers, because in the end it is the gambling sites that prove themselves right due to the careless nature of the gamblers. That is the main problem why many gamblers are having problem with casinos. They are in a hurry to register, deposit and play without realizing the importance of knowing the terms and condition of the casino. Many of them thinks that TOS of every casino is the same which is a very wrong assumption. They might be somehow identical but there are always a distinctive rule that separates each casino form the other. Knowing these rules is a must in order for any gambler to avoid troubles. Besides, many gamblers sometimes experience unwritten or vague rules imposed by the casino such as using VPN and TOR. A gambler who often uses that application should make a clear inquiry about the legality of the use of those software when playing in a casino so it is better to ask the support stuff about it. Breaking these vague rules often ends up in an account suspension and possible KYC procedure in under the AML. Besides that, if the amount the gambler has won is huge then he shouldn't mind in providing the KYC to get the profits. I know some people are hesitant in providing KYC to 3rd party sites but if a huge amount is involved then we have to do it. Unless a gambler is using money from illicit activities, I personally think, he shouldn't mind in providing the KYC. |
|
|
|
So I read a thread by a new member who was asking if the information that is being shared here is just theoretical to gaining relevance in the platform or is something that is actually being practiced in real life situation and the first thing that came to my mind is the numerous post about securing ones Bitcoin holding and the fact that some persons might be taking it for granted.
The truth is that people actually loose access to their private keys and will loose their bitcoin In the process and a lost bitcoin isn't even a disadvantage to the network but actually increase the value of bitcoin in circulation and so if you take all the security measures being shared in the platform for granted, you're putting yourself at a serious disadvantage because if you loose your bitcoin due to your carelessness, it's your loss and not that of bitcoin and I doubt their is a means you can use in recovering a lost Bitcoin without your private keys.
The one owning bitcoin is educated enough to learn more about bitcoin. People should stop investing blindly into different assets. Everyone should know what they are doing and what they are holding. Owning bitcoin comes with the responsibility of holding it securely. People should know that losing the keys mean losing the coins. If they lose their coins then it's their fault. Bitcoin's value will only keep increasing as more people keep losing their coins thus reducing the bitcoin circulating supply. The reality is there are so many people who invested on bitcoin that don't really have any idea what is a non-custodial wallet. We can see people who just want to gain profits on bitcoin that's why they invested in it without any deep idea how to secure their assets, we can typically find them during the bull market where everyone flocks into buying assets and just store it into their favorite exchange until they can sell it for a profit. It is what I observed last bull market where everyone was blinded about the potential profit they can make on bitcoin and they just rush/blind buy it for their reason. Some of them just don't think that their asset is vulnerable or they can lose it. It's true that it will be solely our fault if we lose our bitcoin, though there are people who are careless enough to not care about it since they don't have any idea how vulnerable they are. It's not bad to hold bitcoin only for profits but not knowing what it is about and how to use it correctly and still holding it with a poor security is bad. People hold stocks in the share market but there's nothing to worry in there because we won't lose the stocks if we forget the password to our brokerage account. But we lose our bitcoins if we lose our access to our wallet. So people should know how to hold bitcoin correctly. |
|
|
|
So I read a thread by a new member who was asking if the information that is being shared here is just theoretical to gaining relevance in the platform or is something that is actually being practiced in real life situation and the first thing that came to my mind is the numerous post about securing ones Bitcoin holding and the fact that some persons might be taking it for granted.
The truth is that people actually loose access to their private keys and will loose their bitcoin In the process and a lost bitcoin isn't even a disadvantage to the network but actually increase the value of bitcoin in circulation and so if you take all the security measures being shared in the platform for granted, you're putting yourself at a serious disadvantage because if you loose your bitcoin due to your carelessness, it's your loss and not that of bitcoin and I doubt their is a means you can use in recovering a lost Bitcoin without your private keys.
The one owning bitcoin is educated enough to learn more about bitcoin. People should stop investing blindly into different assets. Everyone should know what they are doing and what they are holding. Owning bitcoin comes with the responsibility of holding it securely. People should know that losing the keys mean losing the coins. If they lose their coins then it's their fault. Bitcoin's value will only keep increasing as more people keep losing their coins thus reducing the bitcoin circulating supply. |
|
|
|
I'm 19 years old, living in Korea, and I'm thinking of selling a computer to raise money to invest in bitcoin. I think I can sell it for about $600. I get about $100 a month as an allowance from my father. $100 is only for personal use, not for living expenses. I've been using these $100s to buy bitcoin for a few months now. It's ridiculously small money, but I believe it could be quite a lot of money if I keep saving it steadily. Is selling a computer the right decision?
You are already investing $100 a month and I personally think it's a good start. Don't sell your computer because you can use it to improvise your skills and then use those skills to earn more bitcoins. Further more, you can learn more about bitcoin through your computer and so selling it would be a bad idea. Keep exploring instead of selling your computer. |
|
|
|
If you work as a staff member in a physical casino as a dealer or in a sports bookie, I know that there are subtle ways you can use to encourage responsible gambling that will not go against the terms and conditions for staff.
For example, suppose you encounter a gambler who has wagered $200 at the table and is currently winning $6k. Would you express to them, "Hey, you're up $6k, and you initially entered this table with $200. Walk away, Take your winnings, go!" or will you say, "It is very admirable to know when to stop"?
What will you say within your limits to encourage responsible gambling?
Why would the staff say such a thing that would risk his job. All the casinos have cameras and if the manager sees the staff saying such things then he might have to lose his job. So I think, remaining quite would be the best thing to do in such a situation. Rest is the gamblers luck if he gets out with profits in his pockets. |
|
|
|
I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.
How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
That's the worst thing to do. Firstly, you are lending gamblers who have already lost their money. Secondly, there's no assurance of getting the money back because some people might just not care to give the money back. |
|
|
|
|
As far as the KYC for withdrawal is mentioned in the T&C of the site nobody can do anything about it.
Most people ignore the T&C of all the sites and then complaint about what the site has already mentioned.
If the T&C doesn't mention KYC norms and yet ask for it then we can raise a scam accusation against them.
|
|
|
|
How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?
Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?
Have you heard of such before? What is the end result if you have?
Why would you trust anyone to gamble better than you can when it's all about luck?
Is anyone doing this on here?
Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?
I have seen it only in the movies and even in that the end result wasn't good. Nobody in their right mind will ever finance a gambler because it doesn't make any sense. Instead of financing a gambler he can gamble himself. Let's consider someone says his luck is good but even in that case why would the gambler not use his own money. |
|
|
|
I think everyone notice how high the current fee right now on Bitcoin network. I’m sure player like me that relying only on signature campaign payment in Bitcoin is having a hard time to play right now since the fee is insanely high.
How do you deal with this problem? Is there any casino that allows no confirmation to deposit? Let’s say I will send my Bitcoin using fee below average and then play while it’s still unconfirmed. I knew that some casino do have instant deposit but I never try depositing much lower fee to the average fee if they will still credit instantly.
You can simply wait until the tx fees are back to lower rates and then withdraw. There are some casinos which has an inbuilt exchange and so you can exchange to altcoins with cheaper tx fees and then withdraw. There's nothing much you can do other than these. |
|
|
|
*Snip
As soon as i saw this figure of 12.5K Funtoken, i headed down to see the total of amount of USD these fun tokens total to and it seems to be only 60$. The price of FUN tokens is so low these days that for 60$ you will get around 12K fun tokens and you can imagine how much you can gain in the bull season. https://i.ibb.co/yNG5Gyz/fun.pngI really like your decision to gather fun tokens and I myself also do so, but may keep them in my personal wallet and not on the freebitco site. If you buy fun token and decide it in your personal wallet, I think the main purpose for buying it is completely defeated, since the major reason why many most investors buy the token is to enable them win the win of fortune spins, and as well earn the promised interest on the number of fun tokens they hold. And do remember that outside of FreeBitco casino, you can not stake fun token anywhere, so if you are not going to be holding on FreeBitco, be rest assured that you may end up selling it when the price have not increased much, since it's very possible that you will some other tokens performing better than fun token, which may trigger the urge to sell the fun tokens you hold to jump in on the one you feel will bring in better profit for you. So, considering all this, I still think it's better to hold fun token on the site, if you really want to force yourself to hold it for as long as you really want. We have been taught for all these years to keep the bitcoin and crypto on our personal wallets and not on the centralized sites. Now only to get the staking feature, do we have to take risk of keep them on the freebitco site especially if we decide to hold a big chunk of the fun tokens ? Now i will present two choices and would like to know which one to opt for :- 1- Keep the fun tokens in my personal wallet, Forfeit the benefit of staking, however still i gain benefits when the bull market comes and the price of Fun token may be 10x=20x or even more from the current price and i can gain profits without any risks. 2- Keep the Fun token at freebitco, gain the staking benefits, and may make more profits as compared to option 1 in the bull market but still have a risk of storing coins on the centralized platform. It doesn't matter which coin you are holding. If you are holding it on a 3rd party site then there will definitely be the risks involved. So it's best not to hold a huge amount of money on 3rd party sites. I am holding FUN tokens on freebitco.in but the amount is not very huge. It's something that I can afford to lose and everyone can take benefits of staking and rewards as long as they can afford to lose the principal amount. It is as simple as that. |
|
|
|
I am a newbie in bitcoin I want to learn a lot about bitcoin I want to do marketing and trading with bitcoin if any of you are expert or if someone is more skilled please give me some suggestion so that I can do something good and my future is good. can shine through bitcoin and i can stay away from casino and gambling games and without these two means i can earn money in my life and i can work hard to earn bitcoin everyone.
If you bluntly ask people to help you earn money then all you will get is scammers approaching you to milk money out of you. If you really want to stay in the community and learn about bitcoin then all you need to do is keep reading through out the forum. You will automatically get the lead and find yourself in the way. You will know yourself how you want to proceed further. Once you know enough you will be able to find ways to earn money with bitcoin. For starters, start with reading mastering bitcoin and follow technical discussion threads on this forum and keep exploring how everthing works. |
|
|
|
|
Show Posts
