Hello, I believe I am one of the biggest bitcoin gamblers since bitcoin started. I wagered over 30000BTC on different bitcoin casinos and reason I write here is to share my experience. Once I think in 2015 I was beaten really hard net lossing 25BTC in a day ( that time it was like 10000USD) and attitude of casino really pleased me by giving me 5BTC lossback to stay with them. This casino is no longer online. I went all over the industry change, personally changing some old attitudes and watched all the rules changes. I experienced several big wing like 10BTC a day and also big losses ( 25/day worst ever). I hope this thread help you gamblers to stay away from scam sites. 1) Playing bitcoin casinos is a double gamble you need to focus on your play & trust casino itself. I got several times emails from casinos they found some "problem" with my account and they confiscate my money according to their rules "blablabla", so after some time I found only few bitcoin casinos working over all ( got that email only when I won, strange haha  ) 2) This site is going to be 10xA4 long, I will constantly update it, read carefully  I admire your dedication to playing so huge bets in your endeavors to win more and make a profit via gambling. 25 BTC is a huge amount and I would never bet them if I had them right now! Is it possible to share with us the casino you were playing and what is the reason it doesn't exist now? As I am afraid of casinos that can go down so fast, I usually prefer to find casinos with instant withdrawals or that support chrome extensions like MetaMask for example and play directly with my wallet. This way my earnings are deposited directly to my wallet. |
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I am very impressed by two things. Firstly, that you offer your service for free and secondly that you have managed to take your plays to the next level. I wasn't sure if there is a trick to do so and I was wondering if there is a chance to make poker plays better. I just want to ask if you have improved your pays by reading/studying about plays or you have made it only by experience? It may be a combination of the two but I want to know which one exceeds as I usually play with my feeling - experience and this strategy is not profitable for me.
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Casinos based on the blockchain that are decentralized will be always one step ahead of other casinos that they don't have this feature. Blockchain promotes somehow the fairness of the casino and seems that gamblers have more possibilities to have some profit. Slowly as the gambling industry evolves, people will start realizing that and the market share of blockchain casinos will grow significantly.
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There will be a fixed number if Bitcoins, and people, because of human error, will accidentally lose Bitcoins every now and then.
This must mean that Bitcoin will eventually seize to exist? Or at least shrink to minimal amounts, when it shrinks to a certain level, it will no longer be useful.
Is this correct?
Human error? Lol , it isn't an error. This is how this ecosystem is designed. We will never know what will happen to Bitcoin after everything is mined and due to the fixed supply it has, as we will be possibly all dead. It needs so many years to pass in order to reach this time. And until this happens, demoting BTC into smaller amounts can still work as we care about the value and not for the decimals. |
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You have great thinking about turning these two markets into one. I confront with people that want BTC ETF (personally I don't as I hope to see the value of BTC increasing due to mass crypto adoption) because I believe that it will make the transmission and open crypto markets to more investors. I don't agree that the already established tokenization system is better/perfect or whatever; there are many flaws in it that discourage people to be involved in it.
I am in favor of giving the chance to anyone to trade any asset they like and make a profit from investments as right now stocks/bonds/ contracts etc. are not available for everyone.
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Japan’s primary financial regulator has formally granted the cryptocurrency industry with a self-regulatory status by allowing an industry body to police domestic exchanges. With the acquisition of the accreditation, they'll continue to make further efforts to create an industry that people can trust from everyone who uses virtual currency with members exchanges. Do you think we'll see this happening in other countries anytime soon?
These innovative changes usually come from Asia, as this time again. I really hope that we will see in the near future in other countries bodies like this one. Taking this into account, people will start trusting cryptocurrencies more because it can be noticed now that there is a huge gap due to the "war" that Financial institutions make to Bitcoin and other cryptos. Maybe Japan can start promoting such pacts with other countries in a form of trading agreements. |
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I really cannot relate this decision of the Canadian government. As long as marijuana is legal what would be the reason of warning citizens to pay for it with cash? Cash cannot be traced and transactions can occur in the dark so easily. This decision blows my mind and makes me think what game is been played under the table that we can't see.
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The world is steadily be transformed into a cashless society. This happens due to huge amounts of debt that are in place right now and Central Banks print money which is intangible. It comes only as a digital form and none can see it or touch it. Thus, they want somehow to promote the usage of this money and they have turned us to not prefer cash anymore. I hope that people will be more exposed to Cryptos as the new era of cashless payments and forget about the digital financial services that banks offer.
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As you all know that 90% of ICOs this year was a totally loss. most of all the tokens that hit the market are trading below price. some of catastrophic. some are trading below 90% to 95% of their list price. Majority of ICOs this days have has decided to run token sales on Exchanges. as the year comes to an End, Could there be another means of raising fund for tokens come 2019.?
This is totally normal and I am not surprised that it happened. If Ethereum is down 80-90% how is it possible that ICOs that are built on it, hold their value and be competitive in the market? Totally impossible. 2018 was a corrective year that helped us to be more cautious and choose carefully where to invest next as we don't get excited by the bull markets and the general crypto hype. |
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The answer to the question if we need Blockchain technology is Of course Yes. The reason why you see so many ICOs with Dapps that try to get advantage of this technology is the reason that Blockchain has an implementation to every sector and every company. If you see them failing is the fact that there is still not a friendly environment for these projects to cultivate.
I would give you the simplest example.
Think of a Voting process that is powered by the Blockchain technology. Results will be transparent 100% and we may see the corruption rates around the globe be eliminated.
Wouldn't that be awesome?
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Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business
Give me the reason why you choose between the one above
regards
When I first read about these two options the first thing that came to my mind is to open a shop that accepts crypto as a payment. You can have an income and also you can "invest" in cryptocurrencies by providing your services. Make a reserve of Bitcoins and HODL them until you feel that you have made a profit from it. Just be innovative and you will have a better income eventually. If I were you ,I will just first invest in cryptocurrencies for it will required a minimal capital just like openning a real business which required a great capital and business permits ,but to start for a small living maybe joining cryptocurrency is much better , but if you can gather enough capital ,then you can proceed to openning a real business at same time continue your investment in crypto. Well, you are partially right. But not all the businesses require high capital investments. For example, if you provide services you probably have only fixed costs that would make your company "expensive". A startup can start with a small capital at the beginning of its operation. If you want to sell metals or other materials then yes you need huge capitals. I consider an online shop as a real business that can bring a lot of money to the entrepreneur (especially if you find the right items to sell). This business can combine crypto payments and eventually lead to crypto investments. |
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1. I haven't invested in any ICO yet, as I got in crypto when huge downturns started to happen and the market was shrinking so I was afraid of investing.
2. Forum. I believe that here you can have the clearest picture of what a project can offer. There are many experienced people from many sectors in here so every opinion contributes to my perception of a project idea.
3. Support. Even if the idea is moderate when a project is backed by popular investors and partners it will be functional eventually.
4. Website. All the information is here and UI can show if the project is serious.
I hope all the best in your research and I hope that I helped a lot!
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From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
If you had bought your cryptos in early 2017 or before 2017 you can still make a profit with these prices. I think that people who started selling at this period of time were early adopters of crypto that bought at lower prices so they didn't mind cashing out even when the market was having a huge downturn. I would do the same if I had the chance to do it and make the profit that I have planned to make from my investment but unfortunately I was not able to do so. |
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Bitcoin will never be defeated. It has the first mover feature. Remember when Messenger and online chatting came to public and everyone told that e-mails will fade away. But, guess what! Every company has a server for their e-mail communication and everyone still uses an e-mail for their personal use. The same example happens with Bitcoin. 10 years have passed since the release of BTC and still, no other coin has been more popular and possibly there will be still too much time till this happens.
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Inflation only affects the fiat currency we use daily most of the time. It doesn't really affect things like gold for example and Bitcoin has been a commodity like gold for a while now so we can clearly say that inflation does affect bitcoin but in a positive manner. So, if 1000 dollars today worth 1500 dollars in 10 years for purchasing power that means 4000 dollar worth of bitcoin would worth 6000 dollars in dollars because of the dollar devaluing.
Since, dollar drops in value the bitcoin price goes up accordingly, inflation is not something bitcoin is immune to, it does have a part in bitcoin world but thankfully it is in a good way. We could consider how the gold prices increase over the years as a similar path for bitcoin, of course not exactly the same because they are vastly different stuff but for the purposes of inflation they are effect exactly the same.
Inflation doesn't affect Bitcoin directly but it DOES indirectly. As there is still a trading pair of BTC/USD this affection is inevitable. I have seen that when a currency is inflated then people turn to the cryptocurrency market and they buy BTC. (remember what happened in Turkey, summer 2018). Bitcoin is not inflated but as long as Fiat is inflated then Crypto markets behave accordingly every time inflationary trends appear. |
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I wouldn't use the word "rigged". I would agree that the Stock market will go always upwards in a long-term period. The money that is printed is for the banks and for the usage of giving loans to companies. The low class gets poorer and high class gets richer as this money is going to be paid from the taxed citizens and not from the companies that will take the loans or they are in the verge of bankruptcy. The vicious cycle of economies.
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You may call me crazy but I really believe that TRON has a promising future. Justin Sun has made interesting deals until now acquiring many organizations that help to promote both TRX and cryptos as a whole. Also, transaction costs are little to zero with the freezing/bandwidth system. There is still a lot of work to do because it is something new but I would definitely invest my 10k in buying TRX!
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That feeling you get when you gamble can't be described. It is totally not a waste of time and money. Well, it depends on the person and their preferences. For someone, gambling is a waste of time and money and for someone else going to the cinema is a waste of time and money. It is what you enjoy doing and how you want to spend your leisure time.
You just have to not overdo it when you gamble because it is easy to exceed your limits.
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I am not an expert but I consider that this fact lies in the differentiation between private and public hash. If you don't use your private HASH then when placing the bet you will get a random public HASH. Given that, I understand that when in a private hash there is a possibility of getting the same number 1/101 in a public hash this probability is different and eventually it may lead you to a loss (talking about Dice).
I repeat that I am not an expert it is just my own assumption.
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My estimate is that no one can predict the price of BitCoin properly because it all depends on market conditions. We will see how the market decides where the price of bitcoin will move until the end of 2018.
That's a fair point. The most significant part of this observation though is "Decentralization". The price cannot be predicted in a decentralized model. Many factors can make an impact in the actual price and end up in the green or the red side. Personally, I have stopped reading speculations about the price and try to make an estimate based on historical data. Maybe this is not correct as the chains keep evolving year by year. |
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