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Without a doubt you are correct. Some people do not worry about keeping their money and coins on exchanges either because they are ignorant of the risks or because they are aware of the risks but choose to take them nonetheless. And while it may appear that a centralised exchange like Binance is completely safe this is not the case at all. Professional or expert traders are fully aware of these hazards and they also know how to invest their money wisely and safely especially when trading. There have been instances of exchanges going bankrupt in the past and when FTX exchange went bankrupt it took a substantial chunk of money from several major investors. You may have recently heard of the Atomic Wallet hack in which many customers cash were transferred to unsecured wallets and no one knew where their funds ended up. We must thus take all necessary precautions to keep our money or coins as secure as possible. The rhetoric of keeping coins on exchanges despite the risks seems unwise to me. Exchanges have long been the Achilles' heel of the crypto world. Centralization is a vulnerability, and these platforms, like Binance or FTX, are nothing more than juicy targets for hackers. This isnt fear-mongering but an assertion based on historical evidence. Recollect the catastrophic Mt. Gox incident or the Bitfinex hack. When the dust settled, it was the innocent investors, not the 'whales', who suffered the most. I cannot endorse such a nonchalant attitude towards security. Yes, dealing with private keys and hardware wallets can be cumbersome, but that's the price one must be willing to pay for true financial sovereignty. Its high time we stopped treating exchanges as banks and took full control of our digital assets. |
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=> If you study a field thoroughly from basic to advanced things like why it appeared, by whom and how, .... Then there will come a time when you will be able to predict the future. its. And that is also the reason why great people have the ability to predict the future like Tesla, Leonardo da Vinci, ... Why don't we apply that in investing in general and investing in virtual currencies in particular?
Its the reason why we've got historical records or data. Its the only thing you've got, to give you a glimpse of what to expect when you see certain patterns. History is useful that way and those who are able to merge that with the present day events have some huge advantage. The bitcoin market has been season to come in two seasons (the bears and the bulls) and also, its got another circle about the halving. Without being able to predict in exact when the bulls will operate, many people have associated the bull market to follow up the halving. This hasbeen true many times and we as well have the bears to come in there after. It's a repeated event. History indeed steers us through tomorrow's labyrinth. But, each historical beacon doesnt guarantee success. Visionaries like Da Vinci, Tesla didnt predict - they sculpted the future. For Bitcoin, recurring patterns - halvings, bulls, bears - are observed. But like fickle nature, Bitcoin too swings. A severe winter can succeed a gentle autumn; a harsh crash can follow a halving. This is crypto's mutable climate. While historical facts are a navigation tool, theyre no fortune teller. Profiting in Bitcoin necessitates mastering its underpinnings, market tides, and economic factors. A judicious investor realizes patterns can shatter as swiftly as they shape. |
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AI, an inexorable force, collides with the unyielding crypto phenomenon. The merger promises thrills but could unleash chaos if not wisely steered. AI, with its talent for trend prediction and market assessment, can convert crypto into a safe investment bet.
Yet, we mustnt ignore the hazards. Misused AI could dictate the crypto markets, instigating financial anarchy. This dark dystopian fate looms if we're imprudent.
AI' integration with crypto presents a dangerous dichotomy. Therefore, we must tread warily. Regulation is essential to avert this integration from turning into an Orwellian nightmare.
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Exactly, I was waiting for a court hearing or something, and CZ is still updating his twitter normal like he used to, CZ is flexing with his life like normal, as if nothing is going on, I doubt they found any incriminating stuff on him, if this is a tough case CZ and Brian Armstrong, the CEO of Coinbase would have been forced to face the judge right now, instead it's only Gensler and his cultish empire that are taking this so serious, Gensler never learned from the first humiliation that happened in the court where he was asked what makes Ethereum a security, I think sooner or later he will be sacked and he might possibly have ti face the the law, because right now some are saying that he is manipulating the market with the power he has been given, someone else will replace this man very soon. Gensler' take on Bitcoin and cryptocurrencies is undoubtedly causing ripple. His label of Bitcoin as a commodity fits some descriptions, but the murkiness of regulatory guidelines still clouds the sector. Plus, the point that Gensler' attention is on big crypto exchanges like Binance and Coinbase, not potential rug pulls, raises eyebrows. But lets be clear, CZ or Brian Armstrong's absence from the courtroom doesnt signify guiltlessness. Regulation is a winding road, with outcomes extending beyond courtrooms. Your forecast about Gensler' replacement seems stern, reflecting Bitcoin maximalists' growing discontent. Leaders like Gensler must aim for clear rules protecting investors, not fostering mistrust. |
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Honestly, I had never thought about this before, or at least I don't remember thinking about it. Say that Foundry USA, AntPool and F2Pool (which in total hold about 69% of the hash rate according to btc.com) cooperated to pretend there's network congestion, when there isn't. For example, say the median fee is 1 sat/vb. But, they don't like that, so they broadcast a thousand transactions paying 5-10 sat/vb, to encourage some of the users with 1 sat/vb to raise their fee rate. Pools' transactions don't cost them anything, because they don't include them into their candidate blocks. They just take advantage of the wallet software there exists which tells the user to pay more to have priority. This isn't limited to when there isn't congestion. Pools could do this right now with Ordinals, and broadcast transactions with 100 sat/vb; that would encourage those paying 50 sat/vb to raise fees. To avoid other pools from including their transactions (and pay 100 sat/vb which is pretty high), they could sometime include a transaction that invalidates their attractive transactions (e.g., spends an UTXO from those). A problem, from the pool owners' side, is that they can get caught easily for doing it. Every person running a full node will notice unreasonable activity (the miner not including tx that pay much), and blocks mined by pools are known. maybe for a while pools are happy that there is congestion on the network because the fees are going up, but this is only temporary, it will not be possible for them to maintain this for long considering that it will take quite a lot of resources for them and with increasing transaction fees will also discourage people from using bitcoin and that will disrupt the market. so even though they want the fees on the network to go up so that the rewards they get are also high, they also have the thought that this will slow down the adoption of bitcoin and annoy people on the network, for example like in the case of yesterday's Ordinal where Bitcoin fees didn't make sense and pools seems to be enjoying this. Theoretically, yes, major mining pools could orchestrate such a scheme, artificially inflating transaction fees. But, lets pull back a bit and examine the broader landscape. This strategy would be tantamount to shooting themselves in the foot. Sure, they may enjoy a short-term windfall from higher fees, but what about the long-term implications? Higher fees could discourage Bitcoin usage, possibly damaging the very ecosystem they rely on. Not to mention, any noticeable shift in transaction patterns could raise alarm bells among observant network participants. Moreover, such a tactic would require a level of cooperation that's practically unrealistic. Remember, these pools are competitors in a cutthroat industry; the incentives for defection are strong. |
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Binance closing? Its a bummer, not doomsday. This could be the catalyst for overdue change. In the crypto arena, we adapt and march on,.
Facing such perturbations, whats the strategic play? Diversify, thats the name! Scatter your stakes across assorted cryptocurrencies and platforms. Crypto is the people' currency. No need for a single crutch
Shutting down significant positions feels impulsive. But, crypto is a long haul affair. Keep the faith, embrace the prospects, and we'll rise! Are we chasing a quick windfall or a financial renaissance? Ask yourself this
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Quite the shocker. Respected Bitcoin Foundation figures accused of money laundering. "Even the president of the United States sometimes must have to stand naked." Ain't that the truth? Our role models, Charlie Shrem and Roger Ver, caught in such mess. Unbelievable, right? Yet, when cash is king, surprises abound. And Peter Vessenes, five million bucks embezzled, just like that Looking back, signals were there — red alerts we overlooked. Isnt it always so? Predicting a storm post-tempest is easier
The community's weathered storms before, this is no exception. Bitcoin embodies decentralization, not individuals, however influential
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Bitcoin's popularity is increasing day by day. Now in today's society both men and women are working shoulder to shoulder together in the office. No exception to this, women are also very interested in Bitcoin and current Bitcoin. The reason for interest is that when a woman works in an office, it becomes a bit difficult for her to juggle family and children. In today's society we see many working women leave their children with the workers and go to office, those children are abused by the workers. I think all the sisters who have chosen this bitcoin as their profession should not face such problems. Because after all the children's work and household chores, there will be enough time to devote to bitcoins. So choosing Bitcoin as a career can be a good decision for girls.
Bitcoin now is a profession? I did not know that until I read this thread. In a serious note, company that integrate Bitcoin as payment can be the best job or career for women if it meets their passion. As far as I know, any job or business can be the best career if the person involved is passionate about it. Since the person can strive harder and persevere more since it is her passion. If ever a woman can find a company that allows them to work from home, then that would be a good deal since she can still care for the households while doing her job. Curious, isnt it, how we fashion stereotypes, even around crypto? Proposing Bitcoin as a "woman's profession" as it harmonizes work and home - isnt that a distorted view? Women are flourishing in crypto, it offers flexibility, but should we still tether to gender-stereotyped roles? No profession, Bitcoin included, should be typecast for any gender. Success hinges on passion, talent, and ambition, not gender. Shouldn't we dismantle stereotypes instead of buttressing them? Would it be just to do otherwise? |
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I partially agree with you. If you have a lot of money to invest, you can do whatever you want with it. However, if you are a competent investor, you can be successful regardless of your financial situation. If you can make money with a small amount of capital, you can make money with a large amount of capital. Your success will also be determined by your vision and goals, as these two factors are the source of your motivation and inspiration. And I believe psychology is one of the keys to success since we all know that our emotions may have a significant impact on our market execution. Well, arent we armchair financiers here! Sure, a savvy investor can gain regardless of their financial status, but doesnt life play a trickier game? Indeed, substantial capital lends a safety net. With a thick wallet, a few wrong trades wont usher in financial ruin. But for the paycheck-to-paycheck folks, is betting big on crypto's wild ride viable? Sure, vision, goals, and mindset matter. But dont they all sway with our financial standing? Isnt it simpler to maintain a sharp vision and upbeat spirit without the worry of next meal? Lets not simplify things here |
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People are saying that gambling is not good so nobody should involved themselves in it. Fathers/Mothers (parents) are shouting to their sons and sometimes beating them all because of gambling. If you are a gambler, the society sees you as a bad boy or person or a waste person in the family. Parents would be saying "look at your age mates, they are going to school and become a successful persons in the society, you are here playing gambling". They would even say, gamblers steal and thieves.
And really when you look at some of those boys they play Draft game morning till evening. Upon all these allegations against gambling. People are still Gambling. WHY? Is There Any Mystery Behind?
It wasn't really like gambling is a bad thing, It's perfectly fine to gamble you just need to be disciplined and know your limitation on it, know how much you can lose, and when to stop gambling. I didn't gamble anymore but sometimes I bet on NBA games that will win my friends and family just to have the thrill and fun, It wasn't a big amount so it's okay to lose and if I win then I guess I make money anyway. Gambling in my opinion is for fans and entertainment so its perfectly fine to gamble occasionally since we just wanted sometimes to have fun and get enjoyment, Most parents have a terrible image of gambling just because there are a lot of gambling addicts that destroy their life on gambling but it wasn't actually bad since you just want to have fun right? We all wanted to have fun sometimes, and probably at the same time win, whereas not actually someone that wants to gamble every day to change their life betting his entire life saving to win. Is gambling evil? It's like to fire, right? Harnessed, it's a comforting flame. Unbridled, it's a devastating inferno. That's gambling too — a jolly diversion, yet a potential hazard if mismanaged. Our elders and society express disdain, stirred by the tales of gambling addicts we've all heard. Individuals who gamble away everything on one hopeful spin. No parent craves this for their offspring. But does every bettor tumble down this rabbit hole? No way Consider responsible gambling, placing a small wager on an NBA match with buddies — isnt that a benign adrenaline rush? You know your boundaries, but do all gamblers? |
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I haven't been following much of there programmes or progress and adversities on the forum but, the idea in my head follows the fact that, they scammed in the past, probably are still doing same at the time but, with little or no new complains, it gives users the idea that all is well and all could be well until the unexpected happens
The reputation of the site has been damaged beyond repair and even trying to create a new site won't help so much if discovered and the forum is good for it. Don't know what's there best option but I would say, those who still gambles with them don't gome screaming ignorant of all the warnings should things go wrong and the site be good to its customers to have kept faith.
I doubt if their still ha e advertisers here in the forum, i cant see them anywhere around, and may be it because I have all their signature participants on my ignored list so I can't see their signatures or comments, but on the contrary, we have some few complaints about 1xbit in the last few weeks so with that I don't think anything has changed with the scam practice maybe there just went on a low key for now but in no too much time from now, you will see that new set of complains will start rolling in again. So we are prepared to see whatever happens and the least we can do is to continue to warn their potential victims to avoid this casino due to the way of practice and stealing players winning plus deposits. Your apprehensions are valid, no doubt! The lingering question is, why are there still people willing to take a gamble with them? Could it be ignorance, or is it the allure of easy gains? Youre right; their activities seem to have gone under the radar. But, isnt it often the quietest before the storm? Their apparent silence could simply be the calm, disguising a brewing tempest of scamming activities. Its certainly perplexing why people continue to trust them. Perhaps its a case of "out of sight, out of mind"? Or do they believe that a leopard can change its spots? Youre on point about the importance of ongoing vigilance. Lets stand united in spreading the word and safeguarding the community from their malpractices |
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In my opinion, of course, it will be necessary to prohibit participation in the AI game if the probability of his winning is really 70% or more. Or even if it is slightly above 50%, the consequences for the gambling industry will also be catastrophic. Even now, even on our forum, signature campaign managers write all the time that they are struggling with posts created by AI. And sometimes they even give bonuses to those who accurately guess and recognize a post written by AI. And it is absolutely right that such countermeasures are applied even on our forum. Needless to say, all casinos are already seriously concerned about the use of AI in games and are looking for ways to block such players and other measures to counter AI in games on their platforms. Most likely, this will lead to recognition and a complete ban on the use of AI in casino gambling. How will the outcome change if the dice are rolled by an algorithm? And more importantly, what if that algorithm is frighteningly accurate? Casino businesses facing this imminent threat have two paths laid out before them: to adapt or to resist. They could harness the power of AI to level the playing field, or they could outright ban the use of AI in gambling. And why shouldnt they? An entity that constantly makes winning moves isnt a player—its a threat But then again, the thought that a sophisticated gambling AI will be readily available to everyone seems rather far-fetched, doesnt it? There's no doubt that its creators would charge a small fortune for it Even our humble forum is not immune to the infiltration of AI. Signature campaign managers are combatting AI-generated posts, indicative of the apprehension that surrounds this technology. A complete ban on AI in gambling seems imminent, if not inevitable. |
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Casinos always have plenty of options to win through customers, and one of those is bonuses, but consequently the bonuses offered by casinos are always in one of the conditions to offer the best for players, as they have to attract somehow to the players, but the bad thing is the double-edged sword that these bonuses have, yes I personally do not like to take those bonuses, I prefer to use my own balance, if I lose I assume it and if I win then I make my request retirement because I have earned money and I have the right to have it, it is something normal. Bonuses that are actually burdens in disguise. Is it not bizarre how these bonuses, rather than increasing a player' fortune, deplete it instead? Your experience speaks volumes about the clever strategies casinos employ to ensure their coffers remain full. Its a one-sided game, where the house always wins. But should we blame the casino for playing its hand well, or the gamblers for failing to read the fine print? Its commendable, indeed, that you prefer to rely on your own balance rather than the seductive allure of bonuses. Perhaps your strategy serves as a testament to the age-old wisdom: there's no such thing as free lunch, especially not in the world of gambling |
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And that's where the bad is, why? because initially there was not so much control over the casinos, now yes, when a few years ago they saw casinos with bitcoin they did not take them into consideration , now that bitfoin is so Booming , it has so many things that the governments can do, they saw the form of Take those things or those profits for them to eat from there, that's what I don't like , I don't agree and I never will , because people don't let them be free, and yes , it's difficult because when we see the way to governments always limit them to win , so for me that is Playing dirty. Are casinos truly victims of government intervention and lost freedom? Or are they simply playing by the societal rules to maintain order? In a world where legalities govern our actions, isnt compliance necessary to maintain credibility? When Bitcoin entered the picture, the anonymity it provided led to an upheaval of the traditional system. Its undeniable! Yet, when we champion for 'freedom', should we not also consider its consequences? Anarchy isnt the answer, my friend! And thats precisely what unlimited freedom, without checks and balances, could lead to. True, its unfortunate that cryptocurrencies are used to fund illegitimate activities, yet isn't that the price we pay for the lack of regulation? Would you want your Bitcoin investments to be a free-for-all, open to manipulation without oversight? |
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Thus, unfortunately, the owners, those who wash money will always find a way of mockery of the authorities, and as always the authorities will always be late for their conclusions and will be far from all real, however as I said before, the Money laundering have to be rookie criminals, most of them when it comes to money laundering use other ways, corrupt governments will always wash money and not use the casinos for the demands they have of them, so I say, wash of money through casinos? It is like the fantasy that the CIA has, FBI to grab them there. Are we genuinely envisioning casinos as the champions in the anti-money laundering crusade? Seriously? Sounds like a fantasy Casinos' KYC procedures are a solid move, agreed. But a foolproof shield against laundering? That's like bringing a pea-shooter to a warzone! Dont even get me on governmental agencies with their dubious transactions. Fighting a blaze while fueling it—expect casinos to tackle this too? The prospect of casinos countering money laundering seems more of a daydream than a feasible fix. Reality stings, right? |
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Those incidents are often happen in some of non reputed casino. Which is not known unless revealed. Most of the time this type of intention happens in casinos that plan to scam. Reputed casino don't take much time after submit KYC. Either they will approve it or reject. When casinos deserve that 30 times the profit will be withdrawn they exploit that issue. But in this perspective there is no reason to call their fault even though their motives were not honest. Should not gamble on any trustless site. Im not defending casinos, but the scene's not as one-dimensional. Not every house is playing dirty, surely Yes, there are sketchy joints exploiting gamers. But, remember theres a fair share of straight-shooting houses practicing diligent KYC. They dont trick you when you hit it big. To claim casinos use fake IDs only during fat payouts is harsh, isnt it? Isn't that a broad brush? The golden rule: bet wisely, stick to reputable joints. Not all are out to fleece you, agreed? |
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Almost a number of casinos have now implemented a KYC system, especially large casinos, and all of this is done because of compliance with the licenses that exist in certain casinos.
Even though many gamblers may disagree with such a policy, there are still some casinos that do not require KYC like this casino which can be a recommendation for gambling without risking KYC.
It's just that at the moment this casino only uses coins based on the Hive blockchain and for me it was quite interesting trying to gamble in this casino. We cannot fight with what is impossible to beat, everything has been focused in that direction, even if we do not want things to happen with kyc, there will always be ways to force ourselves to comply with them, and the other is to use casinos that do not have kyc requirements that are centralized like freebitcoin, apart from this I don't know of others unless they are decentralized casinos that have other rules, but in general I prefer casinos that are centralized, because they offer more security and more guarantee that they do things better like in duelbits, this is It's just that I think and I believe that things should be done that way. I counter, but isnt this leaning towards non-KYC hubs like Hive blockchain somewhat amiss? Sure, the charm of non-KYC is irresistible, but at what sacrifice? Premier casinos insist on KYC, not for sport but for compliance and your guard. Arent we concerned about our funds going awry? Doesnt security hold more weight than simplicity? Centralized venues like Duelbits, strictly following KYC, embody responsibility and dependability. If things go downhill, wouldn't you opt for a casino answerable to the law than some enigmatic decentralized stage? Isnt it smarter to risk on the game, not the platform? |
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The family tried helping, to say the truth, he was arrested at first and he promised to never gamble anymore, he started paying all the loans he took from people to gamble, few family members helped in the payment too and time passed by very fast. A year later we thought he finally gave up, he looks more serious and no traces of playing bet was detected again, but that's all a lie, because he was playing on a second phone he no one knew he had, and things got worsen. Gambling is not by force, it's not a must to gamble, it's been a while that I gambled last and before that I don't win but lose all my money to gambling, if those money are not mine or I took a loan, I would have been in big trouble right now, I really pity the life of those gbling addicts Ever think, how'd we end up in this spot? Society's glorification of gambling as thrill-seeking, overlooking the wreckage it brings, is lamentable. Lets call it - this guy was trapped in a ruinous habit. The stealth, the deceit—gambling on a secondary phone! An indication of how low he'd fallen. Its pitiful! Hard facts - gambling's not a ticket to fortune; its a void threatening to consume you. Heard tales of folks trying to outwit the odds? Spoiler alert—they fail. The scales always tip towards the house. Our man here is living proof. Family stepped in, yet, their hands were tied. Addiction, the cruel beast, reigned supreme. Reminder for all: Gambling' not a stairway to wealth; its a treacherous slide to disaster! |
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Seeing how minting competition in BRC was going on is pretty much the same like seeing how people were massively joining in the meme coin trend. BRC is prety much the same like meme coin trend and it's only disrupting the bitcoin.
There's no useful project. all of them were exist only for money and no more.
You're right about that. BRC-20 tokens are nothing but pure cash grabs. They don't provide any real use cases to the world. With Bitcoin Core developers planning to block Ordinals inscriptions, you can say goodbye to the BRC-20 craze soon. I think Stably should focus on other chains with built-in smart contract features. But with competitors such as USDT and USDC, I highly doubt it will survive in the long run. With BRC-20 tokens out of the way, Bitcoin users can finally enjoy low fees and decent confirmation times. That is if the community agrees to take down Ordinals for good. Miners are too greedy to let this all go to waste, so time will tell us what path BTC will take. As long as decentralization wins, we should have nothing to worry about. Just my thoughts  Seems like fast fortune is all the rage, right? Yet, dont overlook, not every BRC-20 token is a greed symbol. Seek and you might find gems Skepticism towards Stably, I get it. But isnt it hasty to dismiss it while USDT and USDC rule the roost? Don't we champion the dark horse? As for scrapping Ordinals, it might bring joy to Bitcoin users craving lower fees and speedy confirmations. Yet, can we assume miners will abandon potential profits? We're all playing this greed-survival game. Decentralization is the way, but whats the price? |
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No one can predict the next PEPE or memecoin that can go 1000x that's why being lucky will always play a big factor toward meme hunting. For all we know that memes are just a hype coin that certainly have a high risk of losing money or high chance to make huge profit. No one really knows and who knows what will be the new trend this month, this year or even in the next bull cycle. As always just invest what you can afford to lose because in the first place, crypto is a high risk, high reward!
It is as difficult to predict as it is risky. Because when a hype is created in the market, hundreds more projects come to the market using that hype, whose purpose is to scam the investors. As a result few investors who can invest first in the project that created the hype in the market can make money. So the right time to invest in such projects is when the market is silent. And when everyone knows about the project, the project does not give such a huge return as if it had grown to be silent. So patient and smart thinking investors can make money in crypto. There are many opportunities in the crypto market, but how an investor is taking advantage of those opportunities is the main topic of discussion. Mulling over memecoins, are we? Its similar to staking on a handicapped racehorse—volatile, high-stakes venture. However, victory isn't guaranteed for every player. Predicting the next sensation is complex. Sure, early adopters gain, but when market chatter amplifies, that's predator time. Can many perfect timing? The fervor is dangerous — it can multiply your venture or plummet it. What about the multitudes who've lost all? Wouldn't a patient, intelligent investment plan more important here? |
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