They already did scam before and just by looking their profile here in the forum onne will not believe them anymore, they scam their investors and getting attention publicly this time of Pandemic can get them more visitors or players. Sponsorship can bring good or bad result to them as people may invest or dig in their profile or background and will find out they are scammers yet they will spend money for sponsorship.
Actually the sponsorship is good but they need to fix and settle all of those problems that they have before. As much as it's good that a football club gets sponsorship but the history of the sponsor doesn't matter to them. But to us that are aware of the history of their sponsor, they have to clean up the mess they have before. That is what they need to do before the situations become worst, and they need to explain it to the public, especially for the members here, so we don't have a misunderstanding about the site. Many of us get scam by the site using betking domain names, and we don't know if they are both have relations or not, and that is why many of us think that those websites have the same owner. If they can clear up the mess, I think that can give them a space to run the promotions out there without thinking about this, and the important is they can get more sponsors from another company too.
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Since they've proved themselves as a long running gambling site and long running signature campaign I think many players not just played on their website but also invested to them also I think they bought cheap bitcoins before that's why now they're pretty financially stable.
If the gambling website can manage their money and run promotions, I think the site can have much profit so they can run promotions such as from the signature campaign for a long time. If they have much bitcoin that they bought from the cheap price, that will help them survive in the crypto gambling industries, and they can also pay the participants in bitcoin. Bitvest and 777coin are one of the oldest gambling websites that have been run from a long time ago, so that is no surprise that they can still survive in any situation because they have the experience to give the services to their members. I think that will not happen with Bitvest and 777coin because I am sure that the other gambling site will also do the same to get more members.
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I don't know about the site because I am sure that there are many more legit gambling sites you can use to gamble. If you can not find the reviews for the site, I think you can skip the site and move to another website because we don't know if it is legit. Maybe the site doesn't use this forum to promote the site, so we don't see any reviews. If you can find that there is a faucet available on that site, I think you can try to use the faucet to play, so you can get experience which will help you to know if the site is good or not.
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Here in the forum, the usual way to attract players if you are a new casino is to run a sig campaign managed by a reputable manager. As we observed, a lot of these good btc paying campaigns are promoting casino sites. I have seen a lot of newcomers here but once they started their campaign, they started to gain players as well. And if the support of that site is active, that's when the players stick to that casino. And speaking of campaign and rewards, this means that the dev team/owner should have enough funds to run these programs. So it is not a piece of cake to run a decent crypto business like casino.
The signature campaign can be a way to introduce the gambling website to members here. By launching their gambling site here, people attract to visit their website from here, and that can be a positive sign for the gambling website to still giving the best to their members. I think not just members from here that can read the reviews because many people can see the gambling website reputation by searching from the search engine, and they drag into this forum to find the gambling site they want. I am sure that every gambling website owner will use some money to promote, and they will not just using a signature campaign to get more and more members to visit their website.
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If you talk about starting a crypto business like casinos is not that easy and also you have to gain people's trust and make your casino known. I have seen many casinos being launch and some of it didn't last long due to some issues and some are still running smoothly until now and they even have signature campaign for further advertising.
Running online casinos is not an easy initially. Unless someone has good wealth then it is fine else if big whales win during initial days itself it then be ready to shell out the money. Also, with today’s space with so many such sites up so competition is too much and trust is what matters along with the new offers to keep rolling out to attract new customers. Competitions will be the big test for newcomers into this business, it's hard to make your way as there are already a well established sites that providing best offers to their participants, trying allure gamblers and attracts their attentions needs to have good skills being creative and have decent amount of money to back up every promotions that you'll going to provide. Although the competitions will be the biggest test for the newcomers, if the new gambling owner has a different approach to introduce their website to the public, I am sure that they will have a chance to compete with the existing gambling website. That new gambling website will have the opportunity to get the members, especially if they can use social media to promote their website or promote the website using advertisements online. Besides that, the owner can apply a good welcome bonus to the member so they can attract many people to visit their website and play some gambling games.
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Here is my choice,
1. bitcoin 40% 2. ripple 30% 3. bch 30% 4. ethereum 10%
What do you think of this list?
How if you change the percentage like below: 1. bitcoin 50% 2. ethereum 30% 3. bch 15% 4. ripple 15% BCH and Ripple are one potential coin at the market, but I think both coin BCH and Ripple can get a pump and dump, which can happen in the market. But if you have bitcoin and ethereum, that will be a solid coin that can give you a big profit in the bull run. Even if you don't know when the bull run will come, you can trade, buy, and sell bitcoin and ethereum, so you have more chances to make money.
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Congratulations on ethereum of 5 years existing in the crypto world. No wonder if the wallet address for ethereum is more than 5x of a bitcoin wallet address. After ethereum lists to the market, many new project use the smart contract from ethereum, which makes ethereum popular in the short term. We know that ICO, IEO, and even some of DeFi is part of ethereum, so that makes ethereum exist for a long time, and ethereum will be king for the altcoin in the crypto market.
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I notice that when there the price is going up so many people are joining the train and they also buy because the price is going up and they are going to make a profit, why people are not buying when it is down when the price will eventually go up and they can make a lot of profit. That is because people don't know which coin will increase, so when they see one coin can go up, even the price is rising fast, they buy the coin instantly because they don't want to be late to join to that pump. But unfortunately, the price can not increase more after touch the high price because the price will be back to the lower price and stay at that price for a while, and it is up and down again like before. That makes many people who buy at a peak will getting trap, and they can not sell the coin for some time if the price is not back to the price they purchased.
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It attracts new customers As it is still quite new and rare compared to the traditional businesses, it can attract new customers and secure your position in the competition.
It will depend on what promotions you use to attract new customers to visit on your sites. If you can promote on any website, including in social media, and have more websites to help you promote your site, I think it can help you gain more customers. If the casino website is new, it will not easy to compete with the old casino website because they already have their members who would stay on their site. So you need to have something different than their website so you can try to invite them to visit your site and try your gambling games.
I think you can add the price to buy your packages, so your potential buyer can know how much money they need to start their casino website. Besides that, they can easy to choose what packages that will match what they want.
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When we do talk about transaction cost and confirmation then i would say that LTC and Dash is much a better option rather than with ETH but well its a just a matter of preference yet it depends on what coins youve been holding.
In my part then i do like to play with Doge yet it has much more lower value and you can make bets and can make your game even more longer due to that.
BTC is mostly been preferred by anybody due to its value which i cant really blame off people on that.
Is LTC more faster and cheaper than ETH? Ethereum's block time is ~20 seconds and Litcoin is 2,5 minutes.. Even if the casino requires 10 ETH confirmations, ETH should be faster.. Or am I missing something? Both litecoin and ethereum have a fast confirmation of the transaction, and I see that many of us choose litecoin and ethereum to gamble. But many of the gamblers also use bitcoin and select bitcoin as the main coin to gamble. Well, the transaction of ethereum is not too long to arrive in the destination wallet, but I wonder how many people who will use ethereum in a large amount to play gambling since the market is rise today. Unfortunately, in some exchanges, the fee of the doge is not cheap, but with the low price of dogecoin, that would not be a problem for people to send dogecoin to playing gambling.
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I doubt people will be ready to send their money to buy from some unknown person so there is no way to find trades if he is using a fake identity.
And p2p, LBC allows some country people to trade there even if cryptos have been banned there but still we are risk while using p2p site when our country banned because we had seen people from many countries can't able to trade or withdrew their funds from LBC due to legal issues in the recent days.
Maybe that is what happens, but it's up to them. If they know about the risk of trade with the unknown person, they can still trade with that person. I don't use p2p for trade because I still feel comfortable using an exchange. It is because I trust the exchange and I don't have any problem using that. Even if trading crypto is prohibited, I am sure people will find a way to trade because they will try to search for the info about how they can still trade. They will hide their activity from the government, and I am sure they will be able to trade without anyone knows.
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Attractive for mission gambling on Mars it will take a long time to grow the UAE wanted to have a successful mission to Mars but it was not possible mars must first be made habitable by humans.
A player must have a higher degree and concentration in the RTS genre for Homeward 2 to build its adversity. The commander-in-chief will not only have to manage the fleet quickly in the event of a collision but also plan for the acquisition and expenditure of resources needed to build new ships and conduct core research.
It will take a long time to see when humans can landing on Mars. I don't think that many people will place a bet on that, but if people have a big curiosity, they will try to place the bet, especially if the ticket is not too expensive. In a short time, if humans want to live on Mars, we need to develop something that can help us survive, and that is not easy to do because that will need a lot of money. After all, it is a new idea to have this bet because that can attract people to know more about the bet.
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Receive the payment from FJ. Thank you @FortuneJack and @Hhampuz.
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But how people will find you are trading through telegram? If you promote yourself to individuals then people will think its pure scam so you may not get enough business with this idea.
I have community where I am very much active and have a few users with whom I trade regularly. If I start with this, I will target the bitcointalk users and my facebook community only. But still your identity may get leaked because social media tracks you what are you doing and who know someone you may know can make a complaint about you.So if p2p sites are working in your country then just go with it where your identity won't be leaked and also much safer to trade there. He can use fake identity to register on social media, or he can buy an old account for that, so he can promote himself to attract many people. As long as he can hide his identity, it will be no problem for him because he can online and access the internet without anyone know who he is. P2P sites can be his option to trade, but still, that will be his decision to choose what trading platform he wants to use for trade. There are many ways he can do to share his trading concept with other people, and he can also hide from other people out there.
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This is very disadvantageous, joining a gambling site that you found elsewhere and not on this forum, because all the reviews, feedback and reports are all here in Bitcointalk some of the gambling sites promoted on social medias are coming from affiliate of that gambling site and not really independent reviews.
I will not try to play gambling, which does not have ANN on this forum because we don't know if their site is good. Besides that, we don't know about their reputation among the other new or old gambling sites, so that can lead us to get scam by them. But I think some people will try to join the gambling site out there because they are curious about the site, and they want to test the site to find out if that site is real. If that so, they need to realize that they can get scam anytime, and they need to set a limit of the money to be used for playing gambling. It is difficult for someone to try a gambling site that doesn't have any ANN thread in this forum because most gambling sites with an ANN thread are legitimate and safe to play. But sometimes the curiosity of other people will drive them up to try a gambling site. Even they hasn't read any feedback and its reputation just for them to play. That is right, but it doesn't guarantee that if the gambling site doesn't have ANN, it will be safe to play because we don't know if they can be responsible for their website. But at least, we can know if we have a problem, we can contact them to help us and fix the problem. The people's curiosity will make them forget to check everything related to the site, and they can attract to try the site because the site offers much more than the other website. Reading the feedback will give them more information about the site, so they can know how good the support system of the website.
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I think most countries tax only fiat, or crypto ONCE it's converted to fiat. And at that, over a certain amount. In EU its 10k euro. Which means, technically you can go to other country, withdrw 1 BTC (at current price) and bring cash. That's legal. Countries can't track cash.
Having said that, if your income is lets say $2000 month, but you're spending $5000 a month without any loan, you'll get on their radar.
That is why many banks are now forcing people into cashless society, where everything has to pass through your bank account, and is reported to the govt.
When you withdraw 1 bitcoin and send it to your bank, that will make the bank alarm sound, and they will investigate how you can get that money before it's transferred into your account. I think he can withdraw for a little amount less than $500 to his bank account, so that will not make the bank suspicious. I think the bank will not ask if you got a transfer for a small amount to your account, and they will feel that you have other jobs. But you can search for other people who want to buy bitcoin from you, and they can transfer the money to your bank account, but once again, don't sell it for a large amount of bitcoin.
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This is very disadvantageous, joining a gambling site that you found elsewhere and not on this forum, because all the reviews, feedback and reports are all here in Bitcointalk some of the gambling sites promoted on social medias are coming from affiliate of that gambling site and not really independent reviews.
I will not try to play gambling, which does not have ANN on this forum because we don't know if their site is good. Besides that, we don't know about their reputation among the other new or old gambling sites, so that can lead us to get scam by them. But I think some people will try to join the gambling site out there because they are curious about the site, and they want to test the site to find out if that site is real. If that so, they need to realize that they can get scam anytime, and they need to set a limit of the money to be used for playing gambling.
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Guys, be ready for an upcoming move in the next 3 days max. It could be anything but I believe that most probably we'll be witnessing a $1-1.5k movement and it'll be so quick that either side the way it goes, the opposites will lose a lot of money just as many were getting rekt due to these trades. It's just that I came to know about something sort of an insider thing, let's see if it proves to be true. I believe we'll be see a bullish breakout, but whichever way it goes, it'll just rekt a lot of traders.
Is there any prove or graph that shows it will be a movement in next days or it is just your prediction? You say it is an "insider thing", but how professional and reliable is your source? Without any detailed info or a proof, this is call simply guessing. If your insider says, next few days will go up, or maybe down, I would not trust this kind of info much. Many people speculate on their analysis, but no one will know the truth of what will happen to bitcoin's price. But I believe that bitcoin can exceed $10k in the future, and even if the price is now still below $10k, it will increase to that price, and it's only a matter of time to see that will happen. We can only give the chart that we drew without knowing if that will happen or not because that is the prediction that every people can make. We can say that the price will happen in the next 2 months, for example. But the truth is like what I mean, no one will know.
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Usually if there is maintenance it will never go down 2-3 days, gambling sites if maintenance is only a few hours. Possible BetBit casinos scams. Moreover, your balance is around 0.3 BTC is lost, I'm sorry to hear that. This is a lesson for all of us, do not deposit in large quantities on gambling sites. In my opinion, BetBit casino closed the site and you have already lost your Bitcoin. There is nothing you can do, except accept what has happened.
Thye are losing in the competition that is why they prefer to scam their players, 0.03 BTC is not really a big amount but they are not making money so they scam their players and close their site, so this is what you get from playing on gambling sites that is not popular and do not have continuous marketing. It is not 0.03 btc but 0.3 btc ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Hopefully, he can get the important lesson from his experience, and not riskying that such amount if he can not accept that the site can scam him anytime. We all agree that playing gambling will be dangerous if we don't have control, and still deposit more money because we want to win bigger money. If we don't realize, and the casino closed the site, we can not do anything, and as @MCobian say, we need to accept what has happened. Next time, if you want to play gambling in other gambling sites, you better don't use more than 0.005 btc - 0.01 btc, so when you get a scam, you will not be too sad. Pardon me but this kind of reaction seems wrong to me. You do not somehow blame the victim. There is always a presumption of regularity or of good faith. The OP, just like other gamblers, are trying to have some fun and probably also trying to make money out of it. Was it OP's fault that he got scammed? Of course not. Was it his fault that he deposited 0.3 BTC? Of course not. The OP does not have a fault. Why should he be expecting that the site he's been using all this time is a scam? BetBit must have lost a lot of revenue due to this pandemic. Betting is now limited to a very few events. This might be one reason why they ended up gone. I and you and other members don't have to blame him because that is his money, he can use his money for anything he wants. We can only suggest that he not repeat the mistake if he doesn't want to feel sad like today. The OP is not making a mistake, but I think he uses too much money for playing gambling, and suddenly, he got a bad experience and shares his experience, so we can say that his only mistake is to use too big money to gamble. There is a chance to get a scam from any site, especially with the sites that we have been used for a long time, because we never know what will happen to that site.
If you want to gamble, make sure that you use the money you can afford. That is the best suggestion for people who want to play gambling.
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As long as the exchanges can protect their site from hackers, we don't have to worry about anything. I am sure the exchanges, especially the big exchanges, will try to secure their site and be aware of the hacker attack. If you still worry, you don't have to join the exchanges, but you can use another way to trade. But I am sure that the cryptocurrency will not lose popularity because of that problem because people will have another exchange to trade, and they will not back to that exchange. People have many good exchanges that they can use to trade, so they don't have to worry about hackers.
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