Bitcoin is not centralized electronic currency, it is a decentralized digital currency. Where did you see such wrong information that bitcoin is a centralized currency?
Bitcoin is possible in physical form like Casascius Bitcoin which contains the private key of an amount of bitcoin but government will not make such project to move forward.
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You can use it to search for members on this forum. After you clicked on it, just click on search for members, you will see where you can write the name of the member and search for it.
I used it before I started to use Google search instead. But Google do not bring the name of brand new members but which the search for can be useful for.
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My question is essentially, what difference does it make to make an agreement with Coinbase to hold your bitcoins in their cold storage, than buying an ETF? An ETF can't provide more "funds safety" than a Coinbase cold storage. How is the ETF more significant than that?
ETFs are not moved but completely stored somehow safe. It is good for multisig and cold storage together which can be more layers of protection if done well than Coinbase that their customers can decide to withdraw their coins at anytime. I am not saying that the storage will be better for ETFs but it will likely be better because the coins remain not moved unlike Coinbase that still have to move some coins. Because of how exchanges are and customers moving money is the reason exchanges make use of hot wallet but which is not needed at all for ETFs. I have not gone deeper into ETF because I do not like it at all than for more bitcoin adoption but I think if I want to set up an exchange or bitcoin ETF, I see the bitcoin holding safer with bitcoin ETF. Coinbase is the custodian for Blackrock.
This is not good at all. I did not know it is like this. I am using my knowledge to discuss it before. If they have it with Coinbase, I see no difference. But Coinbase may agree with Blackrock to hold the coins on cold storage with multisig. Bitcoin for ETFs should be very easy to protect.
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The ETFs are more secure than the bitcoin on centralized platforms like Coinbase because they can only be traded on the centralized exchanges, unlike bitcoin on Coinbase that can be moved to a noncustodial wallet address by a scammer or a hacker which can not be freezed by the central authorities like the exchanges.
But the reason I do not like bitcoin ETF is because it is not bitcoin itself. I will prefer to hold bitcoin instead. I mean the coins that is fully controlled by my own private keys and not those centralized platforms private keys or ETFs.
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I know there's nothing wrong in using fiat for gambling purposes and many gamblers prefer to use it instead of cryptocurrencies but it's hard to get privacy when using fiat and that's why I avoid using fiat for gambling purposes because that somehow ruins the privacy part of it.
But did you know that many people are using casinos that accept cryptocurrencies, they did not provided KYC documents and thinking they are having privacy. If they read the terms and conditions of the casino, they will see that KYC is required and if they win and want to withdraw, the casino will ask them to get verified before they can withdraw. Some casinos will only give their customers withdrawal limit and if the customers have been withdrawing and passed the limit, the casino will ask for KYC. Reading casino terms and conditions is very important.
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I am using a different browser recently because it has dark mode which I like so much. I wanted to enable a notification on a topic and I saw what I wrote as the topic title. You can see it yourself I went back to my old browser because I have not uninstalled it. It did not show anything like this. But I am curious to know what could be the meaning of it if I mark it.
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I can be a scammer and come on a forum with no or little effort saying I am selling bitcoin or other cryptocurrencies just like DanyBTC_C is doing right now. I think anyone that wants to sell bitcoin will come up with a rate which he will constantly change on this forum as bitcoin price is changing. I am also expecting him to list the payment methods that he is going to accept. But he came as simple as scammers can come. I do not trust this seller.
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This sound exactly like greed to me - I agree with the fact that all human are built to always chase after something they have lost and try to regain it back but not all of them have that mindset to get more after they have successfully regained what was lost - only a few of them who feel that luck might still continue to be on their side they are the ones that end up losing everything.
I do not see this as greed if we are talking about gambling. What I see that is greed in gambling is not when a gambler is losing already and chasing losses. We call that chasing losses. But what we call greed is when the gambler has won significantly some amount of money. Instead for him to quit, he will continue to gamble. Later the game might not favour him and loses all the money won and also loses his own money.
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@YOSHIE, I think you know OP is not referring to only CEX.io but centralized exchanges generally. Do you guys think CEXs are still worth it? Let me hear your thoughts
Centralized exchanges are still used more for derivatives trading like perpetual futures and options. Many people are still also using centralized exchanges for spot trading. Some people visit their launchpad and launchpool. They are also using their staking but which can be done on noncustodial wallet. They have coins that you can stake and have APR. Just use a reputable centralized exchanges. Do not hold your coins there is what that is important to know.
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My conclusion is that staff are moderators. Although theymos will be the one that can give good answer to this. I think all moderators are seen as staff but some other people may not be a moderator but have works that they are doing that theymos employed them for but I do not think so. I think theymos later call moderators that he chooses later as staff, example is OmegaStarScream. Moderators elected during OmegaStarScream are called staff on their profile but moderator on each of their post. Recently theymos called the new moderators as staff both on their profile and while posting you will see it as staff now.
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People should check the background or character of the people they entrust their money with, but unfortunately, some people are so good at hiding their character that they only get exposed when the deed is already done.
Some people do not hide their character but they may disappoint. That is why we should not trust our money with anyone because anyone can misappropriate people's money. What the person will notice is that he spent the money on gambling thinking he should double it and not use it to gamble again but seeing himself losing instead. But we can still say that it is indiscipline because it is easy to know that the loss can not bring anything good than shame and punishment.
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Nope its not actually a failure but rather it depends on the person who's using it since if they have a attitude where this people became so greedy when getting good profits on one of their gambling activities done then provably this will really result to a failure since greedy individuals are usually goes broke because they don't have something to follow and they lack of discipline so result is really bad for them.
Martingale is a good strategy but it is also a bad strategy. It is good because it can increase the chance of a gambler to later win huge amount of money if he still have bank roll that is enough to win huge, but ones you lose like 5 times continuously, it would be a big loss. The best is to not gamble for money because martingale strategy is likely to fail and it would be a big loss for the gambler in a way he may not be able to recover the losses ever again. I prefer to gamble with just little amount of money and not go for strategies that I know will bring me problem of money loss.
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I love the trick mate because this will prevent us from playing outside our houses or offices and with that we will be limiting our betting chances and of course losses
I gamble on mobile phone but I do not gamble when I am out of home. If a gambler is addicted to gambling and he is not having phone but having only just laptop, although not possible but just saying, you will see the gambler as an addict charging his laptop and gamble as long as he still have money in bank or coins on crypto wallet. Addiction is not about using phone or laptop to gamble, it is from within the gambler.
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There is a way to check the fairness of the game if you think that the casino is resorting to manipulation, you never blame the casinos when you're losing you understand that the house has an edge, and you agreed to play with it, with a reputable platform they do not use a trap because everything lies within your choice to play and bet and you decide on everything you do, casinos are game of luck there is no algo to follow like the martingale. Martingale is newbie alibis while they are losing when they think it's a proven algo to win a game when, in fact, it's not.
If you can be good with small amount of money profit and if you win ones in a day you will not gamble for that day again, you can go for 3 odd games and go for martingale for like $25. In any stage that you win, you stop gambling for the day. You can start with $1, then 3, then 9, then $18 and the last is $25. If you win only ones, you will stop gambling. I guess you should be able to win at least one time out of 5 times. But it is dangerous.
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I'd like to share with the community a humble trick I've seen helping me and also many others.
It is a good strategy to eliminate the ease of accessing gambling platforms, which can reduce the frequency with which you gamble. Discipline and responsible gambling are what that can help you eliminate gambling addiction or to eliminate what can lead to gambling addiction. But on the other side of things, this strategy will not be effective for people who spend more time on their personal computers than they do on their mobile phones. Those persons will of course, then have to do the opposite, which is to try only accessing gambling platforms via their mobile phones and not their personal computers.
It will be better for people that access their mobile phone more than their computer. But as for me I see this as a failed strategy if you can not discipline yourself not to be get addicted in gambling.
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Actually, most of the sportsbooks accept med/large bets for soccer, but if the limit is only $200 - $300 I guess you are betting on minor leagues.
The betting sites are all different with different rules. The last time that I saw this type of thing was because of the odds that I selected which was very small odds. It is rare for sportsbooks to accept med/large limits for minor leagues, because there are many abuses such as match fixing, arb betting, late betting, etc.
Well known betting sites like minor leagues. I have used bet365 for huge amount of bet with minor leagues before and it worked. What they are looking for is money.
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What about the other Dapp wallets like Trust Wallet, Bitget Wallet etc? I often utilise Bitget Wallet as my first preference and undoubtedly it has added a few exceptional features that others haven't, it supports Future trading, deposits via the P2P method, a launchpad for other projects, Swap with a limit option, NFTs, minting, sources of multiple DApps at one place etc.
Trustwallet and Bitget wallet are not bitcoin lightning wallet. They support bitcoin but it is better you use good wallet that are not close source but open source for bitcoin. There are many bitcoin wallets that are open source. Electrum, Passport, Trezor, Sparrow, Bluewallet, Unstoppable, Green and many other wallets are bitcoin wallets. I found out some weeks ago that bitget wallet is having lightning network. The wallet is noncustodial with very poor onchain fee estimation. I can not tell anyone to use the wallet because the fee is not customizable and the low fee estimation on the wallet is more than the highest fee displayed on mempool for fast confirmation. You know you need onchain fee to open and close a channel. But the main reason I will not be including the wallet on the list is because it is close source. If the wallet is open source, I would have included it when I saw it. I know that Electrum and bluewallet has a desktop version. You can see the link to all the electrum versions in the first post.
If you want to use Bluewallet, you need to provide your node address. Bluewallet is not having Linux and Windows apps but it has macOS app. Any desktop wallets?
Electrum is not newbie friendly for lightning network, but the developers are improving it in updates. It is a good wallet that you can go for. I think I can get the images for this thread if you do not understand how to use lightning network on Ekectrum. It is a guide.
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Paxful is not a p2p exchange.
Paxful may not be seen as P2P to some people but it is a P2P but which is centralized. You can add Robosats. Did you visit Agoradesk website recently? The exchange is winding down. AgoraDesk will be winding down The winding down process begins May 7th, 2024, and finishes on November 7th, 2024. Our support staff will be available for help throughout this period. Effective immediately, all new signups and ad postings are disabled; On May 14th, 2024, new trades will be disabled as well; On November 7th, 2024, the website will be taken down. Please reclaim any funds from your arbitration bond wallet prior to that date, otherwise the funds may be considered abandoned/forfeited. I don't know about the latest update on Paxful, but it was popular in the past, but they stopped working and things changed completely over the past months. This is the first time I've heard about Shiftal but there are better, open source alternatives.
I do not think it was up to 2 months that Paxful started P2P exchange again after it closed down. I think there was a dispute between the founder Ray Youssef and some stakeholdes of the exchange. Not long after Ray Youssef left the exchange, the exchange began operation again.
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I think he's describing fiat vs. crypto. I don't know why he thought crypto doesn't have value but maybe OP used to play with some dead coins or haven't really tried one yet. I believe it's the latter and he probably doesn't know that he could also trade coins for fiat.
What I think more about this is that OP is not playing on casinos that are accepting cryptocurrencies. If he does not want coins that are volatile in price in the market he can go for stable coins like USDT while many casinos are accepting USDT on Tron network and its fee is cheap. I think he is just the fiat casino type that have no experience about cryptocurrencies at all.
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I am more on the online casino, since I am busy with work and my time only revolves from work to home vice versa, that is why I only gamble online. It is easy for me to access and I don't need to go to any land base casino to play, it is also easier to manage my time that way.
Aside this some people just prefer to have privacy and gamble just on online casinos. The ease that online casinos provide their customers make people that are gambling today to be more than in the old time when there was no online casinos. I am also a kind of person that is most often busy with works, I only have few time for myself during the week. But there are time of holidays and vacations that I can go for physical casinos but most often I gamble online.
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