The grievance of people buttress towards the way and manner cryptocurrency was introduced. Cryptocurrency mostly promised decentralization, privacy and anonymity, but the situation now is beyond that. Despite most of them still retaining those characteristics/attributes, the government has found ways to limit them by regulations through the companies and individuals transacting with them. This is a brilliant idea and I will always support it. Cryptocurrency cannot just be operating the way people want unchallenged, not when there are still working governments in the land. Fine, when it first came on board, the government would certainly be unaware or taking time to know how to deal with the situation. Those are the times you mention.

However, when they came up with their regulation, they changed the narrative, and crypto on its own can keep the necessary privacy and other characteristics, but once a company or regulated/licenced entity uses it, the same can't happen for the parties involved anymore. This is the rule unless they are not registered in any country, which can make them do as they like and even encourage their customers not to complete KYC. In the absence of that, due process must be followed. This has never stopped the true capability of cryptocurrency itself but just makes those using it more accountable. We should all respect that in this present dispensation.

OP, let me advise you, we are not fools of Bitcointalk, anything we discuss and share here stays in this forum. Anything external could be so suspicious. Not even a website for a guide but a Telegram account, this must be a joke.

I can only suspect that this account is transferred, sold, hacked or hijacked, it may not be the person who started this account posting on it now. There's an obvious change of hand from what I have studied since 2019 to date, so the OP is not to be trusted. The old handler is conversant with
Twitter.com/blockznetwork, but the new user has twisted it a bit to the telegram @blockxs now advertised.

Proceed at your own risk!

Good suggestion, but I believe will be so risky for the house. What you suggested is similar to options trading which is getting less popular daily. No one will want to be running their business at a loss. The reason is that the house is not really making money through it, and for them to be fair and run the business with sincerity, they will rather abandon it and focus on the core casinos and sports betting instead of cheating people.

This kind of betting style did not just start and I have seen enough of them either pending it or removing it from their platform completely. Now, if the number of the right predictions is too high for some assets (which will happen most time), it would cost the house a huge fortune, which is why I think they do not have so much interest in a thing like this.

Future trend? This is the bias of traders, many will align with the same bias based on popularity and communities, and this prediction alone will make the crypto asset gain undue influence which could make it dance to the side of the bias winning the popular vote because the internet will not be silent about it and it will be easy to know the winning side due to that. Because of this, the house will lose a lot even as people continue to study the situation to bet on the best side.

First, BCH.games seems to be spreading more rapidly on the gambling section of the forum lately and I suspect that you guys are stylishly doing this, which is evident by using new accounts just for the purpose. Why not come straightforwardly, this forum accommodates all.

For I see nothing so serious about this question except for this recent advanced advertisement style where a well-known name like Stake.com would be used to compare the targetted company (lesser ones). The 1% and 2% house edge are always simple arithmetics, and it is all about what the house wants for them and their customers, so why so much concern about what is obvious?

I also hope the provably fair is truly fair over there.

You have said it all and got it perfectly right, gambling is more complicated than people think and there is no certain/perfect solution that will cover for all the needed actions at all times. Whether we look back or move forward in it, it is all about trying our best and leaving the rest, nothing works best for it but mostly luck. What you used that worked today might not work tomorrow, and what failed today might be what will win the Jackpot for you the next day, so it works haphazardly. But one thing that is sure is that we should try not to miss out on gambling aright and be responsible about it even as we forge ahead and remain focused. We should do our part to have good and advanced skills (if possible as seen in some settings), budget and management and adhere strictly to them with discipline so that we do not go astray to the point that we will be irresponsible towards.

That's nice of Ripple. But one sure thing is that it will certainly join the queue and not automatically displace the existing market that has always gained prominence. The fact that Ripple (XRP) is already a well-known cryptocurrency doesn't mean that its stablecoin project would be an automatic success. What they are trying is a test/effort, however, it's not all what you test that will work.

You can imagine how Binance and BNB did well in the crypto market, but BUSD was unable to do so due to one thing or another to the point that the company behind it has to face it off. I did not say that the case of Ripple's stablecoin will be like that but it must also face challenges of its own and not just dominate the market easily as though.

Also, I still see USDT retaining the number of stablecoin in the crypto market with no stablecoin able to displace it in a matter of decades. It is about $107B by market cap currently, even as the closest rival (USDC) is more than 3 times lower than it (almost $33B now). The Ripple's stablecoin will rather rival the USDT and not the USDT.

I am not judging anyone but what you just mentioned in the first line is one of the issues with marriages these days, why end up with someone you can't share everything with in the first place? That's what the person will have to live with for the rest of his/her life which I don't think is cool. I understand that relationships are not the same and we have to "dance to the music as the beat sounds," nevertheless, if such a little matter can be hidden, much worse would be hidden/pretended as well which will not make the spouses to be plain with each other and I do not see that as a good relationship. This is sad. I do not want to sound like a relationship expert but a concerned fellow.

I won't ignore the fact that I love peace in every relationship, which will always make me advocate one mind in relationships, or quit if that is not possible to avoid future issues. Gambling matters is the easiest thing I believe any free spouse can discuss, and for the good of the family, the resolve of both of them should be the final. After all, gambling is not a must, you guys may resolve into better things that will even be more beneficial to the family than gambling. Thankfully, you mentioned the spouse possibly helping in case of addiction or gambling challenges. However, if the spouse does not share the gambling issue but rather wastes money which affects the family both directly and directly, that can't be cool.

This is my only concern about KYC, but we do not have a choice if we want to abide by the terms and conditions of the companies we deal with, and they also will have to obey the law of the land they domicile and follow the directive of their regulators. I believe that the government also would have weighed the risk of sharing our data with other parties in the name of KYC and the benefits of the KYC itself for them to have concluded that we should continue to do so. The benefits would have outweighed the risk to have warranted that. I am certain that sharing our details with companies exposes us because I remember that strange numbers would just be calling me and trying to persuade me to be their customer, especially when I just signed up with a certain company. I also received emails from the companies I never signed up for through my official email address which I only take seriously formal.

These can only be possible through data leakage and the completion of KYC is responsible for that. But this can't end as you thought, it can only be done better. Perhaps, in the future, the government can restructure the way companies cheaply have assets to our details, what if they are bad? Each government might create their national data bank for this purpose where details and documents can be dumped in favour of a certain company and get verified instead of the companies themselves. By that, the companies would have satisfied the government's demand but not necessarily have to possess the documents of their customers directly, except for the communicating details like the email and phone number for security reasons.

What I see here is that most people reviewing Fiat and Cryptocurrency are often too lousy, but always, my resolve is that the two will continue to coexist. We should not place one over the other as both have their advantages and disadvantages. Even when we weigh the advantages and disadvantages of the two, I am still certain that Fiat will win Cryptocurrency in this regard. Notwithstanding, we should respect the two and let them continue to serve us when we need them and for the purpose we need them.

Going by the context of this thread, a few of the ways Fiat outstands cryptocurrency are stated below:

1. It is reversible. Those who did transactions wrongly, or were scammed, or got their account hacked but later detected and seized will appreciate this better.

2. Fait can do without crypto, but crypto can't do without fiat. This is evident in the way we exchange our cryptos for fiats before we can spend them in most cases.

3. Its centralisation has enough advantages than people think.

4. Your lost access to Fiat can also be recovered.

5. The high volatility of crypto is more disadvantageous to rely on than to trust.

6. Loss of assets when you die.

7. Higher accountability and economic growth of a country.

8. Higher investment opportunities.

9. And many more...

I quite understand you and also share in the pain of the Philipines, but, I repeat, your country must come first. I share in the pain because it happens in my country too. The P2P initiative and even the direct internal transfer to our bank account from Binance and other exchanges are the best, they have the Buying and Belling prices that are good with a very ridiculous spread in most cases. This means that you part ways with a very little amount of money if you Buy today and Sell tomorrow, or Sell today and Buy tomorrow. This obviously put an end to the undue dominance of the local exchanges that I can only term "Rippers and Extortioners."

I started using the local exchangers services many years even before the introduction of Bitcoin and I've exchanged a whole lot of different digital assets with them. The service is always the same, even as they dominate the market in the manner of no competition but for ripping purposes. Crypto exchanges however put an end to that. For you to understand how bad it was in my country ($), imagine, quoting the Buying price of an asset to be $2,000 and the Selling price to be $1550, leaving us with the Spread/Charges of $450. Is that not wickedness? That's what the government is forcing us into again. Well, let's just take it as collateral damage, a price that must be paid before exchanges do the needful, because our governments are not at fault here, they are only demanding for their rights.

I like to start from the issue of KYC immediately upon registration or when the customer requests a withdrawal. Well, it could be done either way, it is your choice, just like others do it. But for a new casino, I think asking for the KYC completion immediately upon registration could be discouraging, some people could abandon the casino just for that reason, especially if they already have the casino that is serving them right. But still, holding a withdrawal at ransom of KYC completion is not so cool either.

Let me suggest this, perhaps, you should give the grace of 3-6 months with a counter reminding the gambler of a KYC completion. By this, you would have been fair enough and they would have tested your platform also. It would not hit them unawares and will not make you look wicked to have asked for it when they need their withdrawal.

What if they can't complete it then due to one reason or another?


I just saw your post today and it is running towards a month now without coming back to make another post. I hope you've not abandoned the project and this forum. However, the Solana, Bitcoin, and Ethereum deposit options are good but more options with low transfer fees will go a long way. Good luck!

From what I read with you guys, I think you are still saying the same thing, and this is a norm with casinos these days. You can see casinos asking for the KYC completion before you start depositing your money, which I believe is the fairest now, just the same way you would see casinos that would allow you to deposit and start betting without asking you for the KYC. But what amazed some customers, or should I call it disgust them is that they might have been playing with the casinos for years before they suddenly asked them for the KYC completion. How off and inconvenient could that be?

This has made them relaxed for too long and might not immediately have the KYC documents in one piece at that time, which could also be a time of pressing withdrawal for some urgent needs. This can hurt truly, but regardless, it is still the fault of the customer in my opinion, one should not be too relaxed with what they will still do sooner or later. The casinos are still within their right to ask for such KYC completion, it's the customer who shouldn't have relaxed that much when they fully know they are betting with KYC casino. But it is off and annoying for a no-KYC casino to ask for KYC when a gambler is either good or wants to withdraw a sizable amount of money. I've read that they do it these days which is not so cool. And the worst part is that some people still take their side, saying it is because regulators are on their necks. Who cares!

I've not verified the true regulation status of any of the casinos and companies I use. The reason is that it is a whole lot of stress to do that. Nevertheless, you raised a very good point because many companies are not what they say they are. I've witnessed disclaimers where regulators of some countries would disclaim some companies claiming they are regulated by them. This is the world we live in and many casinos will be guilty of this if investigated.

Even at that, those casinos that are truly regulated are regulated by weak regulators, so what is the difference? As long as the casino is a big name with good track and sustainable records, why not continue to deal with them? Especially if they do not treat me badly while dealing with them. It's a risk we are all taking.

As said above, it doesn't bother me. This is simple because I go for big names like Stake.com. By that, I've reduced the risk of being duped or treated badly to a limited extent.

Not at all. I've read so many bad reviews about some regulated companies and nothing was done about it. Regulation cannot save us! Some regulated entities cheat, manipulate and even scam their clients. Regulation is not an automatic solution to scam or cheat in gambling and businesses, it is just a way to gain trust in most businesses for more patronage. I wonder what a weak regulator will do in getting justice for the customer in case of issues. We should endeavour to find the casinos that the brains behind them are genuine, have integrity, are professional and reputable on their own, and not because they are regulated.

This context, if not careful of, can even cause addiction to gamblers. If one can be gambling to be point of taking the inventories of the gambling always and flashing back to the past, then such a person has taken gambling to be a too serious business and may trigger emotion. But I see no how this is helping out at all because gambling can only be won either by luck or by expertise, or both, and not by looking at the past results.

Good, it could be nice if one is evaluating his gambling activities so that he makes a decision on whether to continue to gamble or quit. But this is not often the case but to be opening some fresh wounds of how much money the person has lost in the past. This is why I don't do it, but notwithstanding, indifferent about this since it will not add value to my gambling. Instead of looking back at the past, I focus on the present and the future, and the best way is to sharpen my gambling expertise well and pray for better luck.

In addition, I work more on my gambling psychology and management which I know will always help me not to go astray but to maintain a responsible gambling character.

1. I feel off kind of about this question since gambling is not a must. I even doubt if my children will be interested in gambling at all due to how I've raised them so far. I also do not let them know that aspect of me, I only watch sports in their presence. However, if they must gamble, none of them will be less than 25 years of age before they can do that to my knowledge.

2. I will not gamble forever, I've always known that, and since I am not gambling solely/desperately for the money, it will be easy for me to quit then. I don't see myself gambling after 65 years of age.

3. Well, this "satisfying level" of yours should be relative to something. If it is for the money, well, gambling has never been what I hope for a money-earning source, and if it is for the fun, yes, it has done its bit satisfactory sometimes.

4. Never! Gambling is an extra activity we do, it is not an essential aspect of life that missing it will have so much missed value.

I read what was written and was surprised to the extent that I am still wondering about how possible is that. I don't get it on how the timing can be used to get the winnings in gambling. Gambling is such an activity that no one knows the best time they will win or the worst time they will lose, but are just trying their luck. Meanwhile, the aspect of gambling we are dealing with matters so much to the chance of our winnings, though nothing is automatic here. For this, it is never as if we are giving it time or know how to plan our time so that we would get the best winnings, it will fail us. Gambling is not what some "certain means" or "approaches" can unlock, no, it is a random means that can make a success out of it, which can also unlock that fortune randomly, nothing can be certain here and no perfect time whatsoever or patience can do that.

This is where luck and variation are so important to run in line with our chance of winning. Fine, patience is good so that one will not go extreme and get desperate about it, nevertheless, it is not the patience that will directly help you to win, but can only help in exercising self-control and discipline in gambling.

By ape, I believe you meant to say hype, right? Well, you are somewhat right about this, but instead of hype, I would rather say they give relevance to them. And this is not peculiar to memes only but all cryptocurrencies, including Bitcoin. What is causing Bitcoin to gain the value and prominence it's enjoying now is because of the relevance that people place on it, and since memes are also enjoying the same privilege and are in the cryptocurrency space with one of them (Dogecoin) maintains its stance above the top 10 relevant coins by market capitalization, the memes are also the voice to reckon with in the crypto space, and nothing will take this away unless there is no cryptocurrency anymore.

As we know, cryptocurrency itself is all virtual, with nothing so important as commodities to back it up, only that people are now trying to link one or two things to it. So I see no reason why memes should even be segregated or be made to fashion out. Except for the ones like Defi projects that are linked truly to financial services and useful projects, cryptos are such that are similar in creation and purpose.

I must say I so much appreciate this simple exposé, many might see it as nothing but as an experienced trader, I value it and could go a long way in helping traders trading martingale. However, the martingale strategy is a very risky trading strategy that Can Only work in a strongly trending market condition. No amount of additional strategy, tweak or management can help it so far the trend is not strong, definitive and impactful. An aggressive martingale trader may start with just $200, and if lucky enough, could earn more than $100,000 in 2 days, but the risk is always too high for me. For the record, I've used the strategy to achieve almost $50,000 from a starting capital of $250 in the past, but it was on a demo account.

Nevertheless, I got discouraged because I couldn't replicate it ever since then, though I tried it minimal times. For me, I believe that a separate account is good for martingal strategy and a tight stop loss is not advisable. Your strategy seems to be considering a tight stop loss which will only put the account in trouble pretty fast. The market might be strong and trending upwards, but at times, it might just retrace sharply with about 100 pips, what would the trader do in that sense? The stop loss will be cheaply hit, of course. That is why the best approach is to either use a separate account for it which you know can be lost entirely, but trade it without the use of stop loss. If at all you would use stop loss, you might want to reduce the risk and increase the amount of stop loss use so that the market will not hit it easily.

Thankfully, you are a member of this forum who visits the gambling section often, and this could have helped you to easily know the issues. The good part is that you've already known the issue, unlike others, so the problem now is half-solved if they cooperate with your advice. You may go with the advice to rehab him, and of course, no other solution unless he is wise enough to fight by himself within, but without the Willpower, this will fail. I hope everything works well with you guys.

However, I like to suggest the advice of finding a better job for this guy. The seasonal work may get people frustrated. We all need regular money to take care of our regular needs. If the need is regular and the money is seasonal, this is not balanced at all, which leads to desperation like this. In my understanding, this is the main source of the issue if I read you correctly, so "nipping it in the bud" will go a long way in helping this guy. At least, something beneficial financially will get him occupied.

The world is revolving and so are businesses including casinos, and this is evident in the way they are offering their services these days. It now depends on the angle you look at it, and what you are calling the brick-and-mortar casinos also have their presence online. This may not be all, but most of them, if not all, and some are dealing with both the brick-and-mortar and online (where people do not have to come to the casino in person if they want), even as those casinos operating the brick-and-mortar have already gone digital with their services (even if you would have to be there).

Above all, it depends on the business model of the casinos, and I can assure you that what some brick-and-mortar casinos are earning a year, some of those online casinos may not earn it in 10 years. This depends on the location, the standards and the extras like restaurants, lounges, accommodation etc they offer. Some brick-and-mortar casinos are home away from home with all the advancements and facilities you can think of, and they are making billions of dollars yearly.

So, it's not necessary that brick-and-mortar casinos go extinct for online casinos even as they (brick-and-mortar) make more money than them. They are only restructuring and upgrading their service delivery.

You may read this: https://finance.yahoo.com/news/12-most-profitable-casinos-world-130843299.html