KYC has been existing for a very longtime and I think it started trending in gambling more because of some notable casino sites that are now requesting for it. In those days, it was more common with scam sites and some few unrecognized sites but these days , it seems almost asking for it one way or the other, either during registration or at withdrawal.

Although the purpose of this KYC is still not clear to me, because in my understanding, most casino sites are using Bitcoin or other smaller coins and this is supposed to make it decentralized and what cryptocurrency is all about is anonymity, so why KYC ? And who are those dropping their information with this sites, if they aren’t getting clients I believe they would have canceled it by now.

I think am hearing about private key for the first time, the few sites that ever asked for KYC never asked me for my private key and yet I refused because it didn’t look safe for me to submit my personal information. I would definitely conclude they are scam if they asked for My private key.

Even the scam sites should be aware that no gambler would be that stupid to drop such details and any gambler that does that is nothing but a greedy player and I will not feel sympathy for such if they get duped. What promises would lure or make a gambler do this?? KYC on its own is scam in my opinion and it shouldn’t be supported in a decentralized system as this.

I think it wasn't "dump", dump kind of sounds like someone wanted to bring the price down or someone wanted bitcoin price to be low to buy again cheaper. This wasn't exactly dump depending on your definition of dump.

This was more like people were happy with what they have earned and they just wanted to sell their coins. It is only natural for people who have been waiting for months even years to make a profit to finally sell when they get the chance to make a profit.

So of course, that dropped the price down a bit but not even that much, we moved from 4k to 13k and now dropped only to 10k which is definitely fine for me, as long as it doesn't go under 8k I think this is just people who are finally getting rid of the bags they had and nothing else, that is why I honestly feel like we are definitely capable of sustaining 13k, just need time to get rid of all sellers.

It did hit back yesterday on $10,300 like it was assumed. I mean this was just too simple of a guess to not come true, I could easily say it will go under 10k soon and I will be right too. What is the point of making these quite observable easy guesses when its not gonna matter in the end?

Like I said it will also go down under 10k as well and I can guarantee you %100 that I will be right, there is no scenario where the price of bitcoin will never go under 10k ever again and just go up from here and never return back. But, I am not doing anything about it right now, what could I gain from selling here and buying back 100 dollars later, even if I had 1 bitcoin that would be 100 dollar advantage and most of us do not have that much, I certainly don't so its gonna be less than 100 dollar advantage. Makes no sense to me.

Yeah, it doesn't matter what the name is, it could have winDICE in it but it doesn't have to stay with just dice, that would be limiting the players they are getting, if they could simply get more games than they could get more people, there are people in the crypto world who plays only blackjack, there are people who only play video poker or slots, there are people who only play crash games.

There is really no reason to just stay with one game all the time just because it has dice in the name, I don't mind them having more games and I bet there are more people who wouldn't mind if they added more games, the amount of people who would say "they have dice in their name but offer more games so I am not going to play here" must be very low in numbers, it won't stop them from becoming bigger with more games.

I think the problem is, not everyone that comes on this forum are here to learn. I think some people just come to play around if there’s anything like that because, I have seen it on so many occasions where gamblers have been advised against the use of some strategies, also there are times gamblers are been warned of visiting some sites and its always surprising to see that some gamblers will still fall into this trap and come back to complain.

Truth be told, Bitcoin forum has really helped a lot of gamblers like me in differentiating between wrong and right. Also, it was one of the topics I read here sometimes ago I got to learn that martingale strategy isn’t for small gamblers and since then I never used it.

Am I free to remove signature ? Please confirm (I do not want to mess up things as I do believe in being a roman while in Rome ).

I don't know how you guys are connecting, for me its still not connecting. Do I have to do something like clear cookies or something? It is not happening for me right now it says can't connect to this website right now and doesn't open up the page. I wanted to check the new odds for outrights but I can't connect. In any case I am sure it is just maintenance thing and will come soon enough, I can agree that every website needs some maintenance here and there so its not really a bother to us to not connect for even few hours (hell even a day if we have to) in order to have a better and more reliable website in the future after it. Just got scared because everyone says they are connecting while I am not actually connecting and still getting an error and hope that will pass for me too.

It once again fell. It is a great feeling when it goes up and you have free money all of a sudden but its one of the worse feelings ever when you wake up and see you do not have that much money.

Hopefully, we could at least put aside this new low and will continue to increase with the sellers out of the way, I think they are the ones causing this fall not the lack of buyers, buyers are still there if you ask me but the sellers are selling way too much. That is good however because if the sellers sell and price goes down then they do not have bitcoins left, so we can go back up and since sellers already sold and don't have money this time we won't face a problem. Of course, you can do this multiple times before you ran out of all sellers but eventually we will definitely reach that.

I think for now at least it will. I don't know how long it will continue this way but it looks like its happy where it is and I don't see
a reason for it to change. If anything big happens like a big news either good or bad then the price could change but aside from that I think it looks great right now and we can stay around here.

I feel like the constant price changes hurt the traders for a bit so they want it to be stabilize in order to finally handle their averages before we make another move, the ones that bought high want to buy some more here in order to drop the average and the ones that bought low want to capitalize some profits in order to have higher purchasing power when we reach the wall so forth. If we can stay here for another month at least, then we will be a lot faster to go up later on.

Poloniex sucks when it comes to customer service, poloniex and coinbase is by far the worst place to trade on earth and they literally get your money while not returning your question for weeks and even months and think that is alright. I don't know why and how that can be feasible for a company that size, they are making thousands of dollars in profit every single day and they still don't have enough man power to just reply people for their problems.

You can literally hire 100 Chinese people for 50 thousand dollars a month (500 bucks a month must be amazing payment in china, don't know but I assume so) and they could reply for you everyday and you wouldn't have any backlog ever, 100!!! customer service reps. Yet they are not doing it for some reason, its really not acceptable at this stage for a company.

One thing that I couldn't see in those 24 red flags is; no real use for it. I don't know maybe it could be under some other name but for me if a coin has no real use or utility then it usually doesn't worth anything, it could be purpose or it could be "need" but in general the utility could be another topic all by itself since a coin with no real utility that you can use for has no value neither at this point.

Back in the day when a new coin started people wouldn't look for utility because there was already very low amount of coins but right now since there are so many coins that if you build a coin much better than others in technology and improves upon all others it would still fail if people can't use it anywhere, you need to have a place to use it in order to give it a meaning.

I think best method seems to be masternoding or staking. If you have a currency that can give you return for just holding its only natural that their price will go up in the future.

People may have sold their dash in the past year because of crypto crisis and the bear market of 2018 but eventually they will realize that dash is the only reasonable one that gives them good returns, plus it requires a lot of money to have a dash masternode and if you could have just one that means you are holding a lot of coin out of market which increases the scarcity and makes the value go up. This applies to all masternode ones and a bit of staking as well. That is why best case of growing your altcoins is getting those coins and holding them long term for increasing both the crypto value plus the dollar value.

I think it is growing in transaction numbers as well, we have seen the highest transaction day back in April and there was no trouble going on neither.

The network is more dynamic nowadays, if something unexpected happens then there could still be some troubles because it gets back logged for a while but then it gets fixed, however if it increases gradually then the network prepares itself for it as well, so it is dealing with all it is given at the time it is given and unless you end up putting too much pressure in it right afterwards the network will work smoothly without a problem. That shows bitcoin is actually ready for another 20 thousand dollars period but without any issues this time around, hopefully we will see it soon enough and that would solve the mystery question eventually.

It is still the summer, I doubt it will have too much impact for couple more months. But when the season starts we are talking about 40+ games a year with sportsbet.io logo right on there on the jersey which will probably have a lot of affect. I mean I do not really know how much affect it will be since its not something we can database it or get some direct info on it because how can you calculate how many people comes into sportsbet.io and register and play just because they saw it on the jersey?

You can't calculate it so we don't really know how much it will affect but the one thing we can calculate is sportsbet.io is known in crypto already, so when the season starts if the registered user numbers goes up everyday and specially on match days or next days then we will know its affect on it.

Everything should be quicker; I mean from loading the game to responses from customer-support must be quicker. We are all at gambling sites to find entertainment and making us waiting for more than expected/usual time must be annoying for any gambler. I support fun-seeking gambling still customer support is more important when gambling sites are dealing with actual hard-earned money.

For that you might stick within altcoin transactions and with BTC, you might need to wait for at least 10 minutes. If your term "instant" falls within 10 minutes then I guess you will not be having any problem on using BTC for your gambling .

I have heard one or two cases of people who always had this KYC issue at withdrawal and I still find it very strange because the few sites I have visited with KYC requirement always did that at registration and most time I back out immediately because I am not called for such shit . I believe those who have issues with withdrawing probably didn’t go through the T&C OF THE SITE BEFORE REGISTERING, IT MUST HAVE been stated that there might be possibility of asking for personal details at withdrawal and if there’s nothing of such, that means the site is a scam site

In my opinion, KYC on its own its scam to a decentralized system, I feel it’s not supposed to be at all by no standard. Well, I feel sorry for bettors still dropping their details on such sites and I hope it wont be released to third parties.

If we are all to compare the profit/losses on gambling and then decide if we are playing by that then we will no longer have gamblers aside those who have won big money. Gambling has not been favorable to over 85% of its players for no reasons, I think majority of us playing are only doing it for entertainment.

If profit making is really the essence of gambling, then it’s obvious there are more losers. I started gambling because I saw it as an avenue to make money but weeks into the game, I realized it’s never possible because each time I do my game assessment, I discover what is lost is much more than what is gained. Then I made up my mind to only play for the entertainment and this is what I have been doing.

You may get burned today but maybe you did a great trade for the future? Who knows. Maybe if you bought at 13-14 thousand dollars you will still profit in couple of months. That is how it is for bitcoin world, you sometimes think you bought too high and it will go down and instead it goes up makes you profit or you sold and missed out on a good profit, sometimes you buy low and think that you got it right and it will go up from there and it just keeps going down.

There is really no person with a magic ball that can tell them which price is perfect to buy bitcoin and when it will go up or when it will go down, the only certainty in bitcoin is that it will probably be lower than this price in the future and it will probably be higher than this price in the future as well.

I think you should not scoff of experts like that. There are actual experts who made money even during 2018 bear market times so it means they really know what they are doing. The sad reality is that in bitcoin world there are a lot of self claimed experts that really has nothing to do with their trading expertise or even their financial wisdom but because they were smart enough to buy bitcoin early on.

If you had thousand of bitcoin (remember bitcoin was super cheap and even 10k bitcoin was traded for couple box of pizza) you would have so much money to play with and would open up couple of websites and business' yourself and then claim you were a bitcoin expert. If you can just see the difference between those people who claim they are experts and the real experts then you will find the real experts suggestions very helpful.