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4661  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 18, 2021, 08:59:11 PM
But there is a problem with adding monero in the accepted payment mode in the crypto casinos or anything comes under the AML regulations because we all knows that Monero is untraceable and some exchanges delisted it due to the extra pressure from the government, so do you really think that it is going to be an easy thing for a regulated casinos to do that?
Forget about that problem. Duelbits won't add it if there's a problem, they knew what they're doing and that's why they've ended up adding Monero to their accepted altcoins.
This isn't the coin that they'll be adding last so it's just an option for those who have a lot of altcoins in preference. They've easily added it so it's already there.
4662  Economy / Service Announcements / Re: Cryptocurrency trading at Forex on: June 18, 2021, 10:29:02 AM
Minimum deposit for that forex website is $50. Why would I deposit with that amount when I don't know of its existence and there are better exchanges that can deposit lower than the minimum amount of what that forex website offers?
I'll choose the actual crypto exchanges that offers lower minimum amount in deposits for each of those cryptocurrencies that they're supporting.

Hello,

For trading on forex trader need to have money. Therefore brokers have recommendations for minimum deposit.

Best regards,
representative of LiteForex
Yes. There's always the minimum amount of deposit whether in forex and in crypto. But what I'm saying is that if someone is going to trade cryptocurrency on that forex website.
He might better choose a dedicated crypto exchange and have that lower amount of deposit for certain cryptocurrencies that he might deposit.
4663  Economy / Gambling discussion / Re: Crypto-Casinos and KYC on: June 17, 2021, 11:04:49 PM
Imagine, even if you are an underdog, you can gamble here since you can lie on your age when you sign up, and since there's no KYC, you can freely gamble without any problem as long as you don't gamble a lot that would ring a bell on the casino.
Truth to be told this also happens in fiat casinos, after all in my experience you are only asked for KYC information when you want to withdraw so you can deposit as much money as you want and gamble with it but as soon as you want to get your money out of their platform then you are hit with KYC, this means that kids can gamble with fiat as well with no problem and when we take into account that some video games allow you to gamble as well with real money then this is a risk that not only exists here.
That's the very typical process whenever you're hitting the bell of the casino you're gambling with. If the activity isn't the same with your account's history then they'll suddenly ask you for a kyc because they're having that suspected activity that your account and their system used to have. I think there's no way to know that a kid is gambling on their casino unless being asked for kyc but if their parents are allowing them, they're just going to ask their parents to do it for them.
4664  Economy / Gambling discussion / Re: Economic Costs of Gambling on: June 17, 2021, 10:05:31 PM
If people like to gamble, they will search for money, even if they need to borrow from other people to fills their wanting to play gambling. We do not know how they can do that, but for them, that will not too hard as they can search for other people and get that money.
They can do that because they've already resorted to a solution just to fulfill their gambling needs.

But the lottery is one of the gambling games. Sometimes, people do not realize that lottery is a gambling game instead will buy the ticket to win some prizes.
They know it that it's a game and they're putting their money with the hope to win even if it's going to take them years before they win. There's an economic impact with the lottery because some of the proceeds if there's no winner are going to charities or to the fund of the government. But for those people that used to bet on the lottery, it already became part of their lives.
4665  Economy / Collectibles / Re: Casascius Coin 1BTC on: June 17, 2021, 09:45:29 AM
Is it worth putting it into a crypto exchange and earn interest on that, or should I keep it closed?
Earning interest? no. You're risking it by putting or depositing to an exchange for which they hold it and they won't give you the private keys. Well, what you must has already been suggested by NeuroticFish, people from the Collectibles are experts there and can give you the best answer that you want to hear. But again, if you're going to put that on exchange, you might do better if you're going to hold it on a wallet that you hold the private keys.
4666  Economy / Service Announcements / Re: Cryptocurrency trading at Forex on: June 17, 2021, 08:40:49 AM
Minimum deposit for that forex website is $50. Why would I deposit with that amount when I don't know of its existence and there are better exchanges that can deposit lower than the minimum amount of what that forex website offers?
I'll choose the actual crypto exchanges that offers lower minimum amount in deposits for each of those cryptocurrencies that they're supporting.
4667  Bitcoin / Bitcoin Discussion / Re: General Motors May Start Accepting Bitcoin If There's Customer Demand on: June 16, 2021, 06:04:42 PM
That should also be the stand of other motors company if a customer is demanding to pay them in bitcoin. They can easily convert it and it's very liquid. It just so happen that Elon talked a lot of it badly and that's why many have been discouraged to discuss it anymore.
As long as the company has someone who understands how to accept and convert it eventually to cash if they want to then that's an easy task for them to accept payments in bitcoin but, they can also hold it and just do what others did, hold it as an investment of their company.
4668  Economy / Gambling discussion / Re: Netflix's Money, Explained: E04 Gambling on: June 16, 2021, 05:03:29 PM
It will just result in a never-ending comparison.
This is valid, the description and understanding that everyone has about day trading is also a gamble that will never stop. Like, someone who's been a day trader for a long time will validate that it's not a gamble as long as you have an understanding of the market you're trading. And a gambler that turned to be a trader will say the opposite and will point out margin trading. Well, everyone has their own valid points towards this topic and for sure the only thing that we can extract on this are their experiences which will be helpful and beneficial for everyone.
4669  Economy / Exchanges / Re: Binomo and cryptocurrency on: June 16, 2021, 04:09:47 PM
I've never used that website nor heard. But if you're planning to trade, why not just get into the common trading websites like Binance? if you're worried about trading on their platform.
It's best for you to get on the reputable exchanges that we already have and there's no question that we're going to have them about the risk because they've proven themselves including the bad times.
4670  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Pancakeswap pools or farm?? on: June 16, 2021, 11:34:02 AM
Be careful while investing in any pools. Last month I just lost 1500 dollars in investing in pools. My investment was in cake and its price went down. All thanks to Elon Musk. If BTC down then everything will be down. So invest what you can afford to loose.
What pool did you invest in? I haven't invested to any pool nor farm and I'm just getting some ideas too on the people who have been sharing their thoughts about these two on this thread since I just saw this thread appeared.

Pancakeswap pools is better than farming, and less risky. Farming means you are providing liquidity and it has loss risk while Staking means you just buy and stake them in the syrup pools and has no risk. Only price movement here is concern, however I do stake on pools and it's risk free.
This is the reason why I prefer staking, the risk is nothing compared to the two that have been asked. There's no need for us to take risks and it's like holding with some rewards although very low but still a legit source.
4671  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 15, 2021, 09:49:05 PM
<snip>
Some exchanges have already removed the listing of Monero because of such laws. And to see duelbits have added it, they sure know what they're doing and hopefully the demand for Monero would be great after adding it recently.
I doubt that it can impact the general demand of Monero on exchanges greatly
I'm not talking about the demand on exchanges, I'm talking specifically for the demand of Monero on duelbits.
<snip>
Okayy... But it what sense are you talking about? Demand on withdrawals using Monero on Duelbits? That is the only thing I can see where the concept of demand can be fitted. Maybe you're referring to the use nice some uptrend on Monero deposits on Duelbits...
I'm talking about the demand of the actual usage of Monero through duelbits and yes, the deposits since they've just added it recently, not just about the withdrawals because that only comes next. I've only given an example that there were exchanges mostly in South Korea that have delisted it.
4672  Economy / Gambling discussion / Re: What kind of gambler are you? The numbers guy or let luck lead the way.. on: June 15, 2021, 08:42:55 PM
I'm going with the games and teams that I'm familiar with. I'm done doing some YOLO bets they were never been lucky to me. Good for those that have tried it and luck is always with them. But once you've been doing it and you're always exhausted, you just have to forget that this type of betting should come out already. Stats also matter as the numbers don't lie as long as I've got differences in comparison to which I need before betting, I'll use every single and possible factor to have a higher percentage of winning my bets.
4673  Bitcoin / Bitcoin Discussion / Re: The bull market still exists on: June 15, 2021, 07:49:58 PM
Can one really predict the long term value of any cryptocurrency?
Yes. It is just a prediction and anyone can do that whether in the long term or short term. If you've been here for quite a long, you've seen those predictions that have been said to be accurate because they've made such predictions that are near to accurate for bitcoin's price.

I don't think so because the market is a highly volatile one but again the bitcoin market is highly profitable at any price and we can be sure of good profits if you hold for long due to it limited supply of 21 million circulating supply. Either the present market look bullish or bearish it make no difference buy! buy! buy if you have the funds to.
There's no doubt that the market is truly volatile but predictions don't require you to be so good at it. You just pick a number and give a support why you think it's going to happen, well, valid support and analysis coming from you.
4674  Economy / Trading Discussion / Re: How do you know when to sell? on: June 15, 2021, 10:01:08 AM
I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
As long as I've made a gain, that's all it. There's no need to wait for any moment that it will go more than the gain is, as long as I'm very much satisfied with the gains that I've got with it, I have no other complaints. Especially if that alt is about to be dumped by me and I'm only waiting for the right moment for it to sell. You can hold for long if you truly believe what's on it. And you just do the typical strategy, you sell at profit and wait for it to become cheaper to eventually buy back.
4675  Economy / Web Wallets / Re: My Bitcoin Balance not showing - 2021 on: June 14, 2021, 09:39:15 AM
If that's the error message or problem that you've faced. You can solve it on your own and try to experiment with it by using another computer with a different service provider or just the latter. Well, blockchain.com is known for bugs, and if you're facing it as you access their exchange or swap I think they're requiring a KYC for that feature to be activated, right? And before the suggestions about contacting the support, I'll put that in last and will try to solve it first through the suggestions being said of changing or trying to login through a different ISP.
4676  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: June 14, 2021, 08:03:51 AM
Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
It's just about the community that supports it. That's the common thing in the crypto market, the investors will support projects that are not good enough but with good marketing. They don't care about the devs as long as the market has been well marketed and they can conclude that there's a 'potential' and 'future' on it. And as for the meme coins that have flew very well, thanks to the master of it and the most common guy that we all know who has started all of it.
4677  Alternate cryptocurrencies / Altcoin Discussion / Re: Will The Sorrow of BTC Be The Pleasure of Altcoins? on: June 14, 2021, 06:26:59 AM
Well, there will be for sure another crypto that shall be trusted by the people. But that's so happened that bitcoin has been the first and it's also has proven to have a secured network that's why it won't cease to exist or operate. Because there's consensus on it and the track record of it cannot be changed. As for everybody who has been trusting bitcoin, it's not bad to look for some altcoins if you don't like them or don't afford them. But usually, when people say that bitcoin is expensive, they're eyeing another altcoin that seems to be cheaper and probably has the potential.
4678  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 14, 2021, 12:43:17 AM
<snip>
Some exchanges have already removed the listing of Monero because of such laws. And to see duelbits have added it, they sure know what they're doing and hopefully the demand for Monero would be great after adding it recently.
I doubt that it can impact the general demand of Monero on exchanges greatly
I'm not talking about the demand on exchanges, I'm talking specifically for the demand of Monero on duelbits.

maybe slightly if whales on Duelbits chose to play using Monero.
I did not expected that they will choose Monero over other Altcoin there.
We're all caught by surprise that they're going to add it. But it's already there and some hints that they might do another surprise with another unexpected alt to be added soon.
4679  Economy / Trading Discussion / Re: Bitcoins Issues. on: June 13, 2021, 10:45:48 PM
One more thing, you should be a risk taker person because everything in crypto is risky either long term investment or trading. Bitcoins volatility is the key to earn huge profit but if you are afraid to risk then stay away from this investment.
Accepting its nature of being volatile will teach you many things. As you learn how to deal with it, you'll eventually learn that such volatility will really give you that high potential profit but as well as losing. But forget about losing if you're long term on it, you don't have to deal with that much pressure that you see in the market as long as you're maintaining yourself cool as you hold it. It's been seen and done by many and the true potential of bitcoin is there if you manage to deal whenever it's truly volatile.
4680  Economy / Gambling / Re: Duelbits.com | Instant BTC,ETH & LTC withdraws | $100k+/week contest | VIP | on: June 13, 2021, 10:09:57 PM
We all have our preferences when it comes to deposits and the choice of crypto to gamble with. As long as duelbits is accepting and supporting the preferred cryptos you want, that's okay so you can keep yourself enjoying gambling in here.
The list of available cryptocurrencies on Duelbits.com gambling site is good enough and I know the community will ask more new cryptocurrencies on the casino.
Yup. That's expected, there will be more in the future and those who have to eye for their altcoin to be added. You only need patience until they finally add it.

Quote
It's good news that duelbits keeps on adding new coins and this is one of the kind because other casinos haven't accepted Monero yet or they don't have the plans of accepting it. Whilst duelbits, it came as a surprise that they've announced it as the next crypto that they're be accepting.  Wink
If crypto exchanges accept Monero, crypto gambling sites can accept that cryptocurrency because in one nation, there is only one AML law. All companies in one nation have to obey to local law.

If crypto exchanges can operate smoothly with Monero, gambling sites can do it too.
Some exchanges have already removed the listing of Monero because of such laws. And to see duelbits have added it, they sure know what they're doing and hopefully the demand for Monero would be great after adding it recently.
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