If they can respect the belief and each other, that will not be a problem because the religion and the state will search for the solution. If both sides, the government and the religion, can sit down together and discuss how if the gambling business open in their country or they need to do something before they open that business, I think that can get a solution. Even if somehow, the religion does not agree with the discussion, they can give the solution to their government what is needed.
IMHO, there's no need for a solution. There's no a problem so there's no need to find one. The government has the right to do whatever they think that shall be done for the betterment of their country and economy and if the addition of it physically will contribute to their growth, the church has all the means to protest or at least just accept it. It's everywhere in the world and their country is not exclusive for just one religion. It's understandable for those countries that has an exclusive religion but not for them. The respect is always there. I think you are right. The government and the church or religious leaders can do based on what their think but I still hope that they will find a solution to solve that. It is better to respect each other and discuss every problem that can happen to their country. In the name of business, it will not be better to break the prohibition that it's written in their religion because that will not be good in the future for their country. As I've said, there's no problem and there's no need for a solution. I think you're thinking that it's a problem if the government of Dubai starts to allow casinos to come in as business. There's no problem with that if the state finds it as a sourcing of their economy's contribution to make it lively. I don't really see that there should be any problem and if there's a need for a religious intervention, they have to understand that the state is not the church and vice versa. And it's all about the government not the church. |
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That's one of the best and craziest promo that I've seen that focuses more on the hourly reward. Everyone got a chance to be on that leaderboard and will have equal chance to win that hourly prize. This kind of promotion will attract more and more people for sure on your site.
Definitely it will and there might be other casinos that will also do the same promo. |
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This is a typical email scam. When our emails has been exploited by these scammers, they're going to send us that message that they've seen us do naughty things online and we've watched some things that we shouldn't watch. And they really are going to extort us and there's an instruction for those newbies how to buy bitcoin. I've received one and I can't remember which website I've signed up for that email but it's scaring those people that lacks of knowledge about this scam.
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yes exactly. for example 4 friends can do account and deposit for example 10 doge coins each and they bet. one of them will take the deposited coins once he win. thats why I need it to be cheap the transactions so they can play with small money.
no I won't be paying any of the winnings. I will simply take a % from the deposited money each round. Its like a gambling club rather than a casino.
It was very popular in my country this type of gambling, since is fair and its no way to be tricked the player from the casino. In my country this type was available in small brick and mortar clubs/pubs like establishments. some of them was having also ladies inside. this is a digital form of a gentlemens gambling club ! You think I could add also some live cams? lol!
Yeah I think I will follow your advice and add multiple coins. I see that this days one payment option is not a wise choice.
I understand the mechanics and how you'll earn from this. It's a P2P/PvP gambling and you'll be taking share for each of winner's take from his opponent's money. That's a good business model if you don't want to spend money on your own and the casino will just serve as a hub for those who want to bet. But to tell you, it's hard to find those casinos that are successful in this niche, there have been trials of it in the past but almost no luck for most of them however, I wish you luck. |
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If they can respect the belief and each other, that will not be a problem because the religion and the state will search for the solution. If both sides, the government and the religion, can sit down together and discuss how if the gambling business open in their country or they need to do something before they open that business, I think that can get a solution. Even if somehow, the religion does not agree with the discussion, they can give the solution to their government what is needed.
IMHO, there's no need for a solution. There's no a problem so there's no need to find one. The government has the right to do whatever they think that shall be done for the betterment of their country and economy and if the addition of it physically will contribute to their growth, the church has all the means to protest or at least just accept it. It's everywhere in the world and their country is not exclusive for just one religion. It's understandable for those countries that has an exclusive religion but not for them. The respect is always there. |
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China is proving that government actions anywhere have the power to destroy cryptocurrencies.
They have the power to send the prices low but they can't destroy cryptocurrencies utterly. What's really Chinas stance on cryptocurrencies because we have always heard about this old news for over 5 years now!!
Just another fud to manipulate the market again. Aren't we guys used to this typical news that we've been hearing for so many times? the market has to correct on their eyes so that they can buy those bitcoins that has been sold by panic sellers. I know it might be extreme thinking but what if all governments ban btc mining. Can they that? specially now that we are seeing they move towards cbdc. Wouldnt a global btc mining ban be very bad to all of us?
They can ban mining but are they going to wholly stopped those miners? no. They'll do everything to continue what they've started even if it means to mine cryptocurrencies in a dungeon. |
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right, bitcoin does not look at everyone who will use it, but around the world, bitcoin users are only a small part, maybe this is because until now bitcoin is practically only an investment tool. and bitcoin investors in this world are still limited in number. but over time the fame of bitcoin will grow
We are limited but we're growing year by year. There's the bandwagon coming from the biggest institutions that we know and they're all joining and announcing their bitcoin purchases. Some of these biggest companies are putting bitcoin as if it's part of their vault and gold and makes it as an asset of the company. Some are just putting themselves to ride the hype because everyone is on it. But that's a good news because that really means that bitcoin is for everybody. Before, these rich and big companies won't believe to bitcoin then, they buy. |
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Can't you just add all of them for the preference of everyone and that's a good option if you're going to be with a stable coin? But if it's with USDT then I would agree with the trc20 protocol because of the fees.
AFAIK, there's also USDT for Bep20.
its a player vs player roylette and blackjack. its not exactly casino. I will just take fees from the games played and players will win each others money not mine. It can accept all types of coins, however I was thinking about stable coins to be more easy for the players to know how much they are betting. what do you think guys? I get it, that's like a PvP game for which the money that shall be won by the other player is the bet of the player. I think that's a good strategy if you're not going to put up that much money and the amount would be coming from the opponent instead of the casino's pocket. If you're adding all types of coins, that's already a good option for most don't stick only on one coin but if you're giving a lot of option, if they have some spare on their portfolio, they can deposit whatever they want which is supported by your casino. |
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Can't you just add all of them for the preference of everyone and that's a good option if you're going to be with a stable coin? But if it's with USDT then I would agree with the trc20 protocol because of the fees. AFAIK, there's also USDT for Bep20. I think there are still some altcoins that you might be able to use because what you are looking for is very cheap transaction fees, such as TRX, which in my opinion currently still has a good chance.
I think he's going to build a casino that's focusing for with stable coins. |
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AFAIK, they have the most open country in the Middle-East. They are consisting of religions that are free to worship based from their beliefs and unlike any other country that has only one religion to keep.
But that would be a good thing that they must do for them to have the consultation which is going to be a sign of respect to the religious leaders regardless of their faith and belief.
But still, if in their religion, gambling is prohibited, it is not easy for the government to get approval from the religious leaders. However, the reason is for getting more income for their country and to grow their tourism. The boxing fights are already hosting, but we do not know if some places are running gambling, so some people already gamble. Maybe the religious leaders will not have a problem if a sport is running in their place, as long as a gambling activity is not involved in that sport. Actually, there's a separation of the state and the churches. That's why getting an approval won't matter to the government if their country is an open country and don't really rely to the church rules. There's a separation of it and the state respects the belief of the churches while the churches, they also have to respect whatever will be the decision of the government. They can say and suggest what they want to suggest but it's still the government who has the last decision that matters. |
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Why it should be an option? if both of it can be done at the same time. I'm an investor and at the same time, I also gamble with the use of bitcoin and other cryptocurrencies. There's the tweet of Peter Schiff that again attacks us and telling that we're not investors but we're all gamblers because of the recent correction. Don't listen to him, he's a full time anti-bitcoin and sceptic and that's why it will just discourage people who's new to bitcoin if they're going to read his tweets.
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Sometimes may fail to trade cause their's a sudden down of an a price
Fail to trade because of the price going down? it's tradable regardless of the market price. If it's in the bull run then it will surely be traded off and if it's in the bear market then it will be the same as the bull run's price and nothing will change and matter because it will always be tradable. I think you only have used a different word and that would be hard to trade because holders won't trade it at a lower price but to say that may fail to trade, I think that's a different story. |
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Yes, they can open that and I think the government will do that in the future. Their main source before is oil and they've seen that it's not going to last forever that's why they've built infrastructures that can also help their economy to keep up through tourism and other industries. That's why the possibility of it to happen in the future is big. There could be a consultation from their religious leaders since it's a country that respect religions but it's still depending to the officials that sees the opportunity on it.
Consultation with the religious leaders is needed if they want to open a business in the gambling sector because their country could not easily accept something against their religion, especially from religious leaders. Everything can change in the future as the situations will also follow change, so we can see what will happen in their country. AFAIK, they have the most open country in the Middle-East. They are consisting of religions that are free to worship based from their beliefs and unlike any other country that has only one religion to keep. But that would be a good thing that they must do for them to have the consultation which is going to be a sign of respect to the religious leaders regardless of their faith and belief. |
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Would you still hold or can you still hold guys?
An easy question. There's no reason for me to dump, I've been happy that I've managed to hold and waiting for this dip to come because it has to happen. I can still hold, I've even held when it was at the cheapest and hardest year for me which was the 2018. That's why this question and the price that we're seeing today, that's just another experience to gain which will allow us to have that feeling that it's no longer the same pain as before that we've all endured. |
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And tell the opposite of it too after it has come down. But that's the fact in cryptocurrencies and such markets, when we've seen such high prices and it's been staying there for a long time, you must ask yourself if how long you're going to see it stay there. Well, here it goes and the market just plunged too hard and bad and many haven't been prepared for it to come and that's why it's such a surprise for many other investors and to those who got FOMOed and bought above $40k although it's still a good price to buy if you have an aim for $60k and above. |
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Good for those who have converted before this dip happened. But if it's too late to convert, just hold your bitcoin and don't do anything with it. You're more prone to losses at this time because you might eventually sell it if you're very new to the market swings.
I've seen already people who have sold at losses because it's probably their first time to experience such nose dive and they didn't able to control their emotion when they see the price goes down.
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Although Dubai isn't as strict as other Middle-East countries, if they don't have gambling casinos. There must be that something that stops them to do it. I don't know if it's religious or anything sort related to belief. But we may somehow see that in the future if they are keeping up their economy and they're no longer have the main source of country's livelihood. They're becoming a tourist spot and maybe after this corona virus pandemic, there will be more tourists again and that's the time they'll try to reconsider that idea.
The government can open a gambling casino in Dubai if they are hard to get an income because of this pandemic. But they will strict in the regulations and not all people can go to that casino since it will be related to the religion of that country. The government will try to search for another source of income for their country and if gambling can help them have the income, maybe they will allow gambling but with terms and conditions. But the government needs to discuss with the religious leaders before they allow gambling in Dubai. Yes, they can open that and I think the government will do that in the future. Their main source before is oil and they've seen that it's not going to last forever that's why they've built infrastructures that can also help their economy to keep up through tourism and other industries. That's why the possibility of it to happen in the future is big. There could be a consultation from their religious leaders since it's a country that respect religions but it's still depending to the officials that sees the opportunity on it. |
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We've already seen that every bit of Bitcoin's precious moments come back again and again and make a better position than before. What are the current situation and the location of Bitcoin?
Situation is fine but I don't know what do you mean by the location. You're right about it's going back again as it's the main character of bitcoin, a resilient asset that we already knew. By location I mean the current situation of the Bitcoin market example Binance, Bittrex etc, So you're saying that Bitcoin is a bit limited in the hands of "Elon Musk's" or popular or rich people like them? If so, then Bitcoin cannot run on it's own they control bitcoin in different ways. Owning a lot doesn't mean that they can control it, they can somehow have their influence use to make the market move on their own terms. But the decentralization of bitcoin makes it even better to understand and that's why people like Elon is using his fame to influence everyone with their decisions. He brings fear, excitement and somehow financial advise which is hidden and that's being followed by a lot of us in the community at least not for me. One known reason is related to Elon Musk's change of heart about bitcoin. He probably just sold and made money with the bought bitcoin of Tesla and that's the reason why the market plunged since his announcement about environmental issues that bitcoin is bringing.
We could've avoided this if the crypto fanatics didn't overreacted regarding his tweet about bitcoin being bad for the environment. And now, Elon is having doubts hodling because people are stupid and bullied him into a corner and now he is considering selling bitcoin. I don't worry that much, if it really plunges downward then who cares, it will still go back up no matter what. We can avoid it on our own and if we know already how it works, we won't be affected with any single tweet that he puts in the public. But as the usual thing goes, there would be many from the crypto community mostly the newbies that are moved by him and it will continue. |
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The market corrects whenever it reaches the point where people are buying and selling based on tweets.
And also to the negative news that are spreading FUD as well as the usual market that's being oversold. Those corrections didn't matter a year or two later. Bitcoin is bigger than any individual or corporation. How many posts have we made where we "should have bought" something for $200 or $1,000? Is it really $3000? a thousand dollars?
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.
HODL
Very well said. We don't have to be dependent on one man's tweet and this market is bigger than the past which there were more of these type of people that have been stopping and likely wants to do the same of control to the market. But as time passed, most of them failed and just eventually sold. Look at what Microstrategy has been doing, they've just bought again $10M worth of bitcoin. |
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There's not that much of a process if you want to pay your goods with bitcoin. You just follow the instruction that will pop during your purchase. It's either it will show you a bitcoin address where you're going to pay or send the bitcoin amount that they're asking or it will process you to connect to any of their partnered third party service for which they'll automatically deduct the amount from your wallet.
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