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100% agree.
The fact that people are making millions off meme NFTs and coins is really sad to see.
Crypto has lost its initial edge to an extent. A lot of the community is now a collection of teenagers trying to make a quick buck off the short term hype and don't care about the long term ideological battle whatsoever.
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Makes absolutely zero sense and probably going to be shut down sooner or later.
The decisions were rushed though it could be plausible that they simply overlooked this aspect of their business since it's not part of their core exchange.
If you're uncomfortable with KYC just pull out of Binance... It's not worth the risk and the stress to have to deal with constantly changing advice.
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Perhaps people just have their own preferences?
RTP is less than 98% for most Sic Bo bets with a few that are less than 90%. It appeals to very few people outside of a niche gambling community that doesn't care about their expected value.
You're much better off starting to learn blackjack basic strategy than how to play these complex games that have low return to player.
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No.
In fact with the recent wave of governmental crackdowns I think that crypto adopters are going to be more cognizant of privacy than ever.
I am a long term bull of XMR. There is real potential especially for the ultra rich as they will likely not want people to speculate on what they're doing with their cash every time they move coins from one address to another.
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This should be quite unsurprising.
Day trading has always been extremely risky and if you don't know what you are doing, it's literally glorified gambling.
Hopefully these people pull out early at least before they trade too much on margin and get themselves into a mountain load of debt... Lots of these stories occurring unfortunately because of this perception that day trading is glamorous and comes with lots of perks.
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If you can somehow find that many arbitrage opportunities and manage to not get banned, this could be possible.
But even then I find it quite unbelievable that you are able to generate such returns out of a low amount of capital. The limits that you have to find on certain bets is not going to be sufficient to even accomodate for these in the first place once you get up to a certain bankroll.
Newbies who are reading this, don't think that you can achieve these results. You're more likely than not going to lose all of your bankroll.
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A) Bet amount inflation; The streamer only wants to gamble with $100. The site gives them "$10000" in funds, but only 1% of this is withdrawable. The viewers will think that the streamer is gambling with $10000, while in reality, they're only risking $100.
B) Infinite refills; The casino makes an agreement with the streamer. Let's say they want to pay the streamer $50,000 for a sponsorship contract. They start giving the streamer endless $1000 refills, which the streamer is supposed to gamble with. They will repeat this process until they "win" $50,000. The streamer will pretend to be shocked and highlight this big win in all of their social media channels. However, the truth is that there were zero risks involved for the streamer, and the final outcome was already known -- It was just a matter of time. People seem to think that the first option is better, but I personally believe that both of these funding options should be banned. Inflated bet amounts are just as misleading as infinite refills, even though you could make the argument that the streamers actually have some sort of genuine reaction (since they can withdraw 1%). With these inflated bet amounts they are likely to take on risks and bet higher amounts on higher odd payouts... Which is totally misleading. |
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Site layout is pretty well designed.
My main qualm about this is that you're not offering ETH deposits natively but you're offering LTC/DOGE deposits natively?
How does this make any sense given that most people would want to deposit via the ETH chain to begin with?
Good stuff with the rainbot/faucet though, that will attract some players for sure.
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Yeah I definitely agree with some of the other comments regarding the $1 monthly forever.
This is not a sustainable business model and resembles something a financial institution would be doing more than a casino. My question is how do you know for sure that you'd be around in 10 years time to pay off these coupons?
Site looks okay though.
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If they can fix the gas problem then this is a very bullish sign.
I think that utility wise ETH already offers substantially more than any crypto, including Solana and ADA which are all the rage these days.
But it could also be possible that the forks are already priced in now, with ETH at $3.5k.
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Just to make it clear, when we signed up we are going to receive free 10000 free chips and if we make it 20001 we are going to receive real $100? and we can withdraw it after receiving? it seems like a good promotion, I would like to participate on it all I have to do is to create an account right?
It looks so easy to get 20001 chips with 10000 starting chips but in fact it is so hard because of the max allowed amount to bet on the game. I tried several bets with 300-500chips but the system does not accept the bets. It is allowed to bet 200chips on red/black or odd/even, but it is not even allowed to bet 25chips on single number. I guess the max winning limit on single is no more than 200chips. I mean, fair enough. They weren't just going to give out money for free by any means. And they're just leveraging the fact that there is no zero and hence not too much chance at a large odd payout. But it's still zero house edge at the end of the day. Can't complain about that. |
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Yes it will likely be over soon.
We probably have until January 2022, but everything afterwards is no man’s land, where only the desperate degenerates are.
It’s ok to be a degenerate right now and chasing 10,000% gains and memecoin pumps. It’s actually important to be a degenerate in a bull run, otherwise you miss the crazy 10,000% opportunities every bull run brings.
I don't necessarily think that it's going to be as disastrous as you make it out to be. Will these current outsized gains come to an end finally? Absolutely. But I think that the idea that the crypto market is simply going to crash and burn is ridiculous. The long term prospects and growth opportunities for crypto is still extraordinarily strong. |
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For sure.
In my country inflation has exceeded target for the past month and the central bank is doing absolutely nothing.
It's a bit ridiculous. Groceries and petrol are clearly increasing in price week on week yet the central bank is still pump stimulus after stimulus as if their end goal is to debase the currency to the best extent possible. Diversify your assets out of fiat, please.
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My thoughts on this are as follows:
- It was already clear that China was not pro-bitcoin, and as such this was more of an re-iteration of ideas rather than a new ban.
- It has been done multiple times before without avail.
- The decentralization of the network means that bitcoin will survive this regardless of whether other countries follow suit.
Nothing to worry about.
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I don't think that people should necessarily zero in on China. The US and other western countries are just as guilty of this.
There is such thing as "debt trap diplomacy".
Essentially, lend out so much money that people can't afford to repay, don't tell them anything, until it's time for them to default.
Then, use that as political leverage and accuse them as wrongdoing. It's a century old practice. Nothing to see here.
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I personally think that the bullish sentiment will likely be quelled for a bit.
It seems like that people are getting a bit more cautious investing in crypto and the excitement and sheer mania in recent days, for better or for worst.
A likely outcome is simply that we continue hovering around the $20k-40k range. I don't think that $20k support can be breached any time soon, but I also think that resistance at $50k is extremely strong.
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Yes?
I think that time and time again the altcoin frenzy has shown us that literally anything is possible.
I think that Cardano has a good project and a good basis to start from. If they can continue development then it's not hard to see a 10x or 20x from this point on especially if ETH loses a bit of momentum.
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I think that most of the concern is from the Evergrande saga and the global collapse in equity prices.
I don't think that is cause for concern for most people to be honest.
People should realise that crypto and alts are its own asset class and shouldn't be affected by any other asset prices given its decentralized nature.
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Yes, for the tokens that have no intrinsic value/use.
Also a big yes for NFTs in my opinion. They are doomed to crash given the current hype.
But I don't necessarily think that a "true bear market" will come in the same way that you would expect. Prices are a lot more resilient with institutional backing now.
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Blockchain is definitely a great improvement in the gambling industry. With blockchain, not only are data publicly available for anybody who wishes to check, these data are also resistant to tampering. So blockchain gambling gives some assurance to the players that everything is fair and transparent.
Conflict settlement will be much easier when blockchain is utilized in gambling platforms. The future for blockchain gaming is much brighter.
I don't think that conflict settlement is necessarily what OP is talking about. He's moreso talking about settling bets, in terms of payments etc. Smart contracts definitely help in this case but I think that we are still a long way off from people actually embracing decentralized casinos fully. |
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