I do have accounts in almost all of the crypto based gambling sites but i am not active in all the sites, i am not a big casino player as i only deal with the old dice and similar silly games as i do not understand the rest of the games. Most of the casino have multiple games but i find it difficult to understand the game play and the only game i know play is blackjack and roulette.
I too I am not that into casino of a thing but I have up to 5 accounts with different crypto based ones, while I first started with the ones that only accept fiats in the past, I do not play often but I do play, I stick to roulettes because it is one of the easiest to play. |
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It’s really 2,5% of their qualified customer’s net worth, not the client base. The limitation is set , I figure, to reduce their exposure to a very volatile asset (I wonder if they do that for other assets). Basically, they’re playing here to let the rich make the move without it being too much of a fall if things go sideways.
I had to quote that up there on the OP board, this will significantly help the company's customers by helping them to manage the risk bitcoin can pose during downtrend volatility but as bitcoin is still in its early time, there are still uptrends that will occur but such companies are so experienced to manage the risk effectively this way. |
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Grayscale has added five new tokens which are (DeFi) tokens. |
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What stops these wealthy people on handling those assets themselves especially if it gives them better yield in the long run? Some people will not do the bitcoin thing if there is no institution to guide them, you are not wrong, to just have noncustodial account is the best, but some people do not mind and really believe in institutions. For privacy, noncustodial if very important but for fast adoption, institutions are important. |
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Morgan Stanley becomes the first big U.S. bank to offer its wealthy clients access to bitcoin funds, this is a big move that will help in bitcoin adoption, the investment bank with $4 trillion in client assets will be limiting bitcoin investment to as much as 2.5% of their total networth. It’s really 2,5% of their qualified customer’s net worth, not the client base. The limitation is set , I figure, to reduce their exposure to a very volatile asset (I wonder if they do that for other assets). Basically, they’re playing here to let the rich make the move without it being too much of a fall if things go sideways.
https://www.cnbc.com/amp/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.htmlKEY POINTSThe investment bank told its financial advisors Wednesday in an internal memo that it is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter. Two of the funds on offer are from Galaxy Digital, a crypto firm founded by Mike Novogratz, while the third is a joint effort from asset manager FS Investments and bitcoin company NYDIG. Morgan Stanley is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with "an aggressive risk tolerance" who have at least $2 million in assets held by the firm. Investment firms need at least $5 million at the bank to qualify for the new stakes. Bitcoin the most successful asset of the last decade getting more potential to possibly become the most successful asset of this decade. |
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I can easily take my phone or computer, login into betting site that is reputable, pay in crypto and stake bet(s), I do not like to be a competitive bettor because I like to just do my thing online and bet with gambling sites, in this way, no harm, which I believe is the best than competitive bets.
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All I can say is that the victim of this such a ponzi are just greedy, lack information, lack knowledge and need experience. But in this matter, I think experience is not that needed because it is not possible to earn such a great amount within such short period of time, but what can lure greedy people, even if I do not know it to be ponzi, I will know it is definitely a ponzi and should be avoided.
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It is very important for newbies or any other person not to reveal his seed phrase or private key to anyone or site, any site that demand for this are scam sites, even if a site look legit but demand for such, it should not be given because such site has been overtaken by hackers in order to attack the users of the site. It even will be well written on legit and recommended wallets not to reveal seed phrase or private key to anyone or any site because they must remain secret to the owner, if another person know about it or if filled in on any site, it is a means to attack the owner's wallet with short period of time with the owner losing all of his coins to attackers.
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I will edit that to just let people know not to fill in their seed phrase on any platform as it is very risky.
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Do not mind the articles you are reading online, some are just with false information based on the little they know. You know block reward for bitcoin is 10 minutes, did you think it can not be reduced to 1 minute? If this will disrupt the bitcoin mining reward, halving and some protocols Satoshi has set, so let us leave bitcoin aside, did you think the algorithm can not be set to 1 minute for another PoW coin which will make the scaling faster? Also do you know the block size can be increased? Like bitcoin using 1M, it can be increased to 2M or more for fast scaling. I know those I mentioned will only lead to hardfork, that is why I said we should leave bitcoin alone, but generalizing PoW is not having fast scaling is not right, it depends on the algorithm and protocols used. |
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Proof of work and proof of stock are two common methods in crypto currencies. Which mechanism do you think is better? Proof of work in coins like Bitcoin or proof of stock in coins like Polkadot?
Read through it again to change two typo errors, it is proof of stake. * Fees and performance
Proof work: Low speed and higher fee per transaction.
Proof stake: Faster node consensus and more scalability.
I do not believe this, people only making use of bitcoin to make conclusion, do you think if bitcoin community agree to make bitcoin more scalable with PoW not changed, do you think it is not possible? It is possible. Litecoin is using POW, transaction is 3 minutes to complete with low fee. Dash is using POW, transaction is completed almost instantly with low fee. Digibyte is using POW, transaction is completed almost instantly with low fee. |
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I think one of the things to do to trade a new listed project is to wait till when the price is stable.
The price of a stable coin can not be stable, that is why they are used for profit but can result into loss in the process. The best time to trade a new project is to have been following it before launch and buy it from the begining, if the price pump, you will sell and gain and leave little remaining. Most times price usually pump and then dump then it will pick up later due to traffic trading and then later dump.
Yes, if I see the price already pumped, I do not buy it again, also I prefer existing coins which are less risky. |
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- Ensure your Telegram username does not match your name on Bitcointalk. It only takes a moment to change your username!
There is nothing bad for your telegram name to match your bitcointalk username, one has no harm on another if you protect each account very well. |
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Training your children enough to know what seed phrase is, know all about ways to recover and use bitcoin, make sure you do not hide this from them in a way if anything happens they will be able to locate your seed phrase to recover the bitcoin. Educating your hire is very important and do all you think they will not miss it.
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I will advice you to watch out for new, if you do not yet hear any big company that invested recently heavily on bitcoin, do not yet buy, still wait. Also watch out for other news like the 1.5 trillion stimulus that US wants to give it's citizens for Covid-19 relief, watch out for any other positive news about either whales are still having bitcoin in wallet or moving it to exchanges, having it on wallet means they are still holding.
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There are some members that are merit source, they are given certain amount of smerits each month, they distribute it to other members based on post quality and usefulness. The smerit are sent to quality posts, if you have quality posts, any 2 merits sent to you will give you 1 smerits automatically, which you can also send to others that you see their post quality of it.
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Fxtrademax is a scam site with copyright of over 50 websites contents. They are not traders so do not trust them.
Even if they are traders, they should not be trusted. 9% daily profit is too high, it seemed more that it is a scam, but what greedy no experienced newbies may fall for, but this scam is obvious not to believe. I prefer to use legit sites like binance which have less than 2% annual profit for bitcoin but in a way it will be calculated and be given daily than fake ones. |
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