This is what makes gambling a more interesting and long-lasting business model for centuries.

The important lesson that I learned so far with my little experience as being a gambler, never to walk into a casino with $200 if you are not willing to lose that $200 is the primary thing.

The desperation for the win at the time of loss makes people lose their temper as well and chasing the loss after streaks of loss is the worst thing that a gambler to do.

The most common malware that affects crypto wallet users on Android are clipboard hijackers and fake wallet apps but the point is, it is not just limited to it and the potential list can be endless.

Apart from the malware directly targeting crypto wallets, the platform is highly prone to be attacked by spyware, trojans, adware, backdoors, etc which will be a threat to the security of your funds along with any data stored like wallet backup, seed phrases, passwords.

Open source and well-reputed wallet like Electrum is go to options for Android bitcoin users and keeping it updated along with software updates and patches don't mitigate the risk of malware. Android is prone to such attacks because users are likely to install premium versions of applications from pirated sites which we call modded APKs is the biggest and most common mistake an Android user which puts the user's privacy at high risk.

I won't do that because as a rational thinker, I knew the probability of hitting that kind of odd is rare and if the luck doesn't favor it won't happen anyway. I will try to stick with my prediction no matter what and the only possible time I will go against the odds is when I am desperate to lose the amount and with a tiny greed of hitting the jackpot.

Luck and motivation have no connection at all, you did exactly what the intention of that streamer is to which is advertise the game and you spent your money in it that is what every streamer is doing and getting paid for but you won which is secondary because of your luck factor what if you lose on the game? who would you blame the streamer who intimidated to gamble or the casino where you deposited your money?

First of all, this is a child board for the specific wallet : Bitcoin Wallet not just whole Android wallets in general so move to appropriate board if possible.

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Bitcoin wallets installed on any device where we connect to the internet aren't safe, so we can't say we can feel completely safe if we take some precautions and all. But wallets on smartphones are good for small storage

So keep only small amounts and will not affect you anyway if you lose it.

Never install apps from third-party sources aka modded APKs which mostly contain spyware that can monitor your keystrokes means it can find your seed phrase and search Bitcoin somewhere the user on the other side can connect the dots.

Make use of the virtual keyboards to type the seed words whether it's creating a wallet or importing a wallet.

I gamble but I don't consider myself a gambler which means I don't gamble a lot to worry about things but when I gamble I am being responsible while depositing the funds to the casino wallet and with the bet amount but still I can't say that I was in complete control at the wins and loss and that's bound to happen, everyone, if I am not wrong but the thing is I realize that I am beating something that is not supposed to be right and I will leave the game either I was in loss or win at that particular day.

You are right, Viabtc has a minimum withdrawal limit for coins and for Bitcoin, it is 0.001BTC which explains why OP can't able to withdraw his 0.00052172BTC.



ViaBTC minimum withdrawal limit

People who hold Bitcoin are Bitcoin investors?

I don't see the point of this comparison because investors are different from gamblers and we won't achieve anything and its impossible to find the figures too that is the practical difficulty in this thing.

What will be the better comparison will be how much gamblers use crypto casinos for gambling!

Then the value will be around 20%.

I assume you created a password containing 8 characters from your 15-character list and you have an electrum wallet file too.

So brute-forcing the password is definitely possible and with the wallet file, you just can install Electrum on any PC and try to open the wallet file by trying the possible combinations.

Another thing you can do if you can't decrypt the wallet file is try data recover your SSD which is definitely possible but highly expensive.

I would say that we need to take the risk, just to avoid the situation at any cost at all. When gambling is done for entertainment and just to experience that adrenaline it's fine but when it starts going in the south and more concentration on money and worried about loss and all then better not continue at all the gambling activities until you get to the situation that you can afford to lose the money.

Fortune Jack used to give free spins to every registered user in the past irrespective of the deposits but I think the system changed even there as well and practically a casino offers different bonuses to attract the users so the platform can make money so doesn't make sense if a casino that gives bonus amount just for registered users.

First things first, is it not possible to sue the owner for allowing an adult to gamble whether the person is having compulsive behavior or sold the properties of their family to get the money needed for betting.

It is individual responsibility and an extreme family can stop him considering the situation but what can actually happen is if a casino stops a person from gambling when he is legally allowed to play by-laws then the person can sue the casino to milk some money. So all I am hearing is *uck BS stories..!

The security of your Bitcoin depends on two things private keys/seeds and the device where the wallet is installed.

Keep your recovery seeds safe:

Recovery seed is like a master key for all the addresses in your wallet so you can use it to restore your addresses in case you lose access to your wallet. The most recommended way to store your seed is to write it on paper and store it in a safe place where no one can access it. Also, forum members came up with multiple ideas to keep the seeds

1. Securing Your Seed Phrase with Washers by fillippone.
2. Stainless steel Bitcoin Recovery Seed Plate by willi9974.
3. ColorSEED Or how to simply hide your seed phrase by zasad@.
4. [100 dots] seed phrase backup by LoyceV.

Keep your device safe:

This is a bit tricky and any device that is connected to the internet is prone to be attacked that is why installing a wallet where you will never connect to the internet is the safest choice and it's called an airgapped wallet.

Creating a Cold Storage wallet in Electrum

You understood the concept completely wrong. For example, gold acts as a reserve in every government, and every individual buys gold as an investment/asset it mean the reserves of the country increase? No

The reserve is something that the government holds not including the assets of their citizen and to my knowledge, only USD is considered as a reserve currency, not fiat in general. The important reason is that USD is used for every international trade whether it is between a country in Asia and North America or so on but in recent days things have changed which could change the whole dynamics of the dollar if things become successful I mean if international trades becomes possible without involving USD.

First of all, you shouldn't be depositing any money to a casino that you are not willing to lose, and if you feel that money is losing beyond your affordability that places your responsible character being broken. So have one point straight that you gamble for fun and if its intended to make some money that is place where you are wrong and if goes south then you have to face the consequences which will affect you financially as well as mentally.

No one can predict the time because the fee changes are highly drastic so even if you use the actual fee needed for TX to be included in the next block meanwhile fee can skyrocket and you may have to wait more than expected or increase the fee according to the changes.

Parent/sender can use the RBF to increase the fee while the receiver can use CPFP to increase the fee.


Viabtc fee accelerator has certain criteria to be eligible to be included in the 100 free txns which is

Paste or enter the TXID you want to accelerate. The volume of a single transaction must be ≤0.5 KB, and the transaction fee rate should be ≥ 0.0001 BTC/KB.

If your TX doesn't meet the criteria then you can opt for their paid accelerator : https://www.viabtc.com/tools/txaccelerator

But it's too expensive and I don't recommend using it unless you can't do RBF or CPFP and really need the TX to be confirmed.

Let me put it in a way that can explain this picture well.

Assume you are going to roll unbiased dice and you can only pick one number which can be of any combination now and you rolled a million times to practice to get the result you wanted and reminding that its unbiased die so 1/6 will be the probability of a die no matter how many times you roll so here you can change the fact that the results will be in your favor only if you are lucky and skill doesn't do anything at all.

Courses to improve betting? In what world someone is joining such a program and paying their money?

At least the paid signal group makes sense because there is the possibility to get leaked information about match-fixing and it can be spread out for getting money in the world even though its 99.999% of the time fake at least that makes sense compared to pay for learning how to bet.

It's not as user-friendly as a wallet like Electrum to send/receive funds and anything that we do in the wallet otherwise seed creation/ baking up and all are one-time processes so it's all the same as every other wallet.

Even from as storing perspective, it doesn't look user-friendly or not convenient for reasons like taking time for everything and for the record I really wanted to use BISQ due to its no KYC but it doesn't have any liquidity for the fiat I want to trade so I just have to still stick with KYCed P2Ps.