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It is not yet a problem for Russians, they can still access localbitcoins by using VPN, what is just the issue is to use a safe and a reputed VPN, the best and safe ones are all paid ones, unlike the free VPN that sells peoples information to thirdparty. Accessing localbitcoins by Russians is not a problem at all because accessing it using VPN is not blocked.
Also, localbitcoins should do their best in a way to avoid such block that can happen in any other country, also try their possible best to get things solved out in a way Russia will unblock them.
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Hi! @Yahoo, I want to notify you I have ranked up to full member, and that I will be please to put on Betnomi avatar and wear full member signature if there is available slot for full member.
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There are some bettors are stating that "this team will win for sure", "Nah this team", "trust me its 100 percent sure they will win this game". These statements are common in sports betting we cannot underestimate the skills and the strategy of other teams sometimes they made history gameplay that we called as the comeback, you can't tell or call too early a defeat once the game still ongoing, I experience this on the NBA Finals with the Golden state warriors they made an amazing comeback on the finals.
That is just it, gambling is just luck, a small team can defeat a mighty giant team but with a very tiny probability, this is common in sport betting. I have used betting to have fun before, I have staked 1.01 and 1.02 odds before and lost, I have staked on big clubs to win a very small club before and lost. There is not sure game in betting until what you staked is won. |
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What I noticed is that gambling was not like before, in the paste, there were no much computers and no phones, many people were not having access to gambling sites unlike now, people are using mobile phones and computers to access gamblimg sites now, that is why gambling is now accessible to many people. Like me, I can not gamble outside but I noticed I can pick up my phone and visit a gambling site and be betting, because of this, many people are now accessing gambling sites while gambling is addictive, that is why the issue of gambling addition is very important. Like me, I was ones addicted and lost money and properties, it depressed people and can lead to some people thinking of killing themselves like I ones did. People should be disciplined and never use the money they can not afford to lose to gamble.
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I have been using phone to access betnomi but not really phone friendly, especially if I want to bet in-play matches. There are times I will click on the in-play, it will only be loading for long and at times it will not bring me any result. Now, it is not even bringing any result for me at all, it only continue loading. I am using android tecno phone launched in November 2019, I do not think it is from my phone, but we need a site that is mobile friendly.
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Not your key not your coin is the common sentence while dealing with cryptocurrencies, but because of trading to be convenient, traders prefer to make use of exchanges, but, it will be good for them to have it in mind that so far they do no have private keys to coins on the exchange, it means the exchanges are the ones securing the coins for them, but most of the exchanges make use of hot wallet to keep funds of thousands or millions of people, that is why they are not safe to use. Some people also like new exchanges, which some can be scam exchange, using exchnages that have been existing for long and that have not been hacked before is better, but having your private keys to your coins is the best.
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If you're the only one who thought about it, you could set up Electrum Server and let your friend and yourself (from other device) connect to your Electrum Server.
It's more efficient than running multiple full nodes.
This is a good advice. Thank you for your explanation, I will make use of electrum server, but do you have a guild/article about how I can set up electrum server. Personally i disagree with calling it official Bitcoin wallet because decentralized nature of Bitcoin, another word such as reference bitcoin wallet might be better.
You are totally right, bitcoin was created by Satoshi Nakamoto, creating bitcoin without creating bitcoin wallet can not make bitcoin of any value, which means bitcoin can not exist without creating bitcoin wallet, that was why he created bitcoin QT, but for now, because bitcoin is decentralized, bitcoin has no official wallet, but bitcoin QT was the first. I totally agree. |
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Ethereum platform look for ways bitcoin can count on there platform and also alters ether price, I have only known about wBTC as bitcoin DeFi project, I do not know they are many like these. Even with what ethereum platform trying to achieve, and with other such DeFi projects that is driving high the price of ether, ether is still many ways behind bitcoin.
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I want to make a suggestion, I noticed anytime I sign in already, I will have to sign in again anytime I want to access my betnomi account, I will like it to be in a way so far I did not sign out, users should not be requested to sign in again but automatically sign itself in. You know people do visit betting sites very well often, signing in all the time is somehow, instead of the site to sign the person in automatically if using the same browser the user used to sign in before.
It is just a suggestion, I will like it if done.
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Also my 12 key phrase, 2 of the words are identical
Is this normal? I tried to enter my 12 digit phrase into an external wallet and nothing happened.
I have had a wallet with 24 seed words, two of the words are identical too, this does not mean anything wrong. If also happening like that on 12 seed words, just know that it is possible and also very normal for it to occur, it does not affect the security of you wallet at all too. As for your wallet problem issue, just like others said, you remembered your wallet seed phrase, you have nothing to worry about, download a new electrum wallet from electrum.org, input the seed phrase on the new wallet, your balance will appear, the wallet will work normal. |
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Do you have any particular reason to use Bitcoin Core or download whole Blockchain?
I like to run a full client wallet, no need to rely on any server to connect to nodes because bitcoin core runs the full nodes without connecting to any server. Also, I want to know more about bitcoin, bitcoin core is the official bitcoin wallet that was created by Satoshi Nakamoto which should not be left out. |
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So yeah, it does tend to benefit Bitcoin especially as people quit DeFi. Besides verified fiat-crypto exchanges, the best and quickest way to get out of a hype is by exchanging the said coins into other cryptocurrencies - and most money goes straight back into BTC and ETH. The more altcoins lose power, the more power Bitcoin gains.
The most money will go back to bitcoin only, the reason is that if you invest on DeFi project on ethereum network, the marketcap of ether will increase, while the price also will increase (it is like people are still buying ether but although it is DeFi coins). If investors leave the DeFI project by withdrawing there money, it means the price of ether will fall because most of the money will go to bitcoin and ether, but more money if withdrawn from ethereum platform (DeFi projects) than the ones sent to ether which will make the price of ether to fall. |
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OP should first know that it is not the price of a coin that matters, it is the marketcap, why are the DeFi projects that surpass bitcoin in price not gotten above bitcoin in ranking. DeFi never at all surpass bitcoin and they all have a long way to go, summing up the whole DeFi project is nothing before bitcoin.
Let me explain this for you to know better, each projects on DeFi counts on ether price, I mean the more investors are investing on DeFi projects, the more will the price of ether is increasing. Still, ether is nothing before bitcoin not to mention the whole DeFi.
There is a DeFi project called wBTC, in which investors can invest on and make profit, the more investors invest on wBTC, the more the price of bitcoin will increase and the more the price of ether will increase, but the increase in price of bitcoin is so small because wBTC contributes to less than 1% of bitcoin marketcap. Most DeFi are built on ethereum network, which makes it contributing to Ether price and marketcap itself. Some are built on tron network but not as strong as the ones of ethereum platform in reflect to marketcap.
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What is the solution of getting this solved?
I hope you know bitcoin is decentralized, there is nothing you can so than to not fomo, peipke that lack knowledge and experience are the ones that buy bitcoin when its price is increasing, but people that know more about bitcoin waiting until the price decrease. If you like it or not, bitcoin will reach all time high which will invalidate your comment. Ans, know that the note the adoption, the less in the volatility. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?
It can happen to fomo, to be looking while the price depreciate from $15000 to $5000, I would have sold at $13000 or $14000 which I will consoder to be the support level, and if broken it can lead to sharp drop. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
Do not make fool of yourself to compare gold to bitcoin, bitcoin is more profitable if you get the market in the right way. I am a bitcoin investor and happen to buy bitcoin at $5100. With the current price I have gained more than to invest in gold. If you are not fit, then do not invest than to discouraged people to invest while looking for profit. |
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I keep wondering what bitcoin would rise to in the nearest future.
It will not be surprising to see bitcoin price rising more, although the price will be fluctuating in a way it will increase and decrease over a short period of time, but it will not be like that over a long period of time, I mean in a long period of time, the price would have increased very well, it is very certain that more people will make use of bitcoin in the future, which will increase its marketcap and also making the price to go higher. I took will encourage people to make use of bitcoin, to buy it, it is not like fiats that is controlled by centralized body and inflating it, bitcoin is different because it is decentralized and also a deflactionary currency. |
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I have been thinking of this for a while now, I think this will be the best place to get answer to this question. Normally is it possible for me to download the whole bitcoin blockchain just like in bitcoin core but in a way I can share people around me the back up? In my area, no free wifi, buying data is very expensive which will not be a good alternative for someone to download the whole blockchain. But instead like 10 or more of us or people that are interested around me can request for the whole blockchain already downloaded and backup in a way to just use it to setup a bitcoin core wallet easily, instead of doing it individually. Is there a way out.
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These type of stuff always happens at first and it becomes a novelty but things that follow are not that lucky. Remember crypokitties? At one point it was so popular that it clogged ethereums blockchain and they had to fix it, but right now? It is a non-factor for ethereum and there are valuable kitties going for few dollars at most, and they were the same kitties that went for like 20-30 dollars at one point, so we are talking about almost a 90% drop from the hype period.
Obviously this NFT thing will get famous for a while and it will get attention however at one point people will be bored that there are more and more stuff and nothing is unique anymore and they will call it quits and start selling a lot which will make things a lot cheaper than what they are now.
It depends, artworks like this can even becoming increasing in price, it depends on the future. This has been the most expensive artwork in the history of cryptocurrencies, corect me if I am wrong. If so, that alone is able to make the artwork the most expensive for centuries. Let us know that artworks can becoming increasingly more expensive every time. With the level of bitcoin adoption, very possible the artwork will get more attention by people bidding more for it, then becoming more expensive. |
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I don't know if they can solo mine
They are mining farms, why not, they can solo mine but, they will not solo mine because they prefer other small mining rigs to join them so that the chance of solving the algorithm and get the block reward will increase. but they surely help the network.
Miners are helping the network, it happens in a way 51% attack can not occur. Miners are the ones that makes the bitcoin blockchain safe and secure from intruders or attackers. First of all, halvings happen once every 4 years
No, halving happens when 210,000 blocks has been mined, but the last three halving was able to be in almost every four years, but do not get it wrong that halving is not about years but about how many blocks has been mined which is every 210000 blocks. |
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