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981  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 23, 2023, 01:25:57 PM
I know about these reasons and i don`t believe that casino will KYC all the gamblers at the start. But now imagine the situation: you want to withdraw money and you need it fast. And at this moment the casino decide to KYC you. And you have to search some documents, wait until the casino check it, etc.
As for me it would be better to KYC during the registration. At least part of it - you can send documents and start gambling while the security check it.
This really creates a very surprising situation for a gambler at that time. Asking KYC at the time of registration would be good for gamblers, but many casinos do not ask KYC at the time of registration to attract gamblers to their site, it is also a marketing policy. But when a gambler wins and goes to withdraw he is forced to KYC which is a tough time for that gambler.

And many times dishonest casinos use this kyc as an excuse to withhold funds from gamblers as we can see from various gamblers complaints. Gamblers should check the ratings and reviews of a non KYC casino before joining to avoid the hassle of KYC in the future.
it hàs now becomes a torn in one's side to convincingly know for sure which is a non kyc casino and which one is not. If a casino claims not to request for kyc when in the process of registration they should maintain the status quo of their claim to the end and not when a player made a win after depositing that's when kyc policy requirements are made known to the gambler, for me that's insincerity on the part of the casino.

 There are people that are not comfortable sharing their data and in such circumstance you're forcing them to go against their own policy of wanting to live a private life. If they had wanted to share their data at liberty in the initials they wouldn't be seeking for a no KYC casino to register with. Hiding kyc policies from new intended users is not a reputable way of attracting customers it gives a casino a negative repute after these customers finds out they have been deceived.
982  Economy / Speculation / Re: My analogy towards breaking the silence of Binance and the rumours around crypto on: November 23, 2023, 09:30:31 AM
Has any thought about where all the bitcoins would be accumulated if every Bitcoin holders have to sell out all of their Bitcoins? Or if does the system allows a possibility if everyone chooses to sell their coins in the crytop space?
just an emphasis on what @mk4 said, for any business transaction to occur there must be buying and selling. If all bitcoiners (holders) had to sell their bitcoin it would be accumulated in other bitcoin accumulators wallets (who are the buyers) . The bitcoin you have didn't fall from the sky to you, someone sold it to you, and by buying it you invariably turned to a potential seller.
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I got this shrinky mindset after coming across several speculations in different platforms and sites about the criminal indulgences of the Binance CEO and his steps off and other (s) out of the industry.
Meanwhile... the so Binance is a strong hold of the Worlds largest crypto exchange.

The outcome of this atrocity exhibition of such personality in such world class crypto exchange (Binance) had got many saying not to trust any exchanges but yet they got their assets (crypto-coins) in any of it.
And there is already an underground speculations that this could be the end of cryptocurrencies.
Where is this speculations emanating from. Some of us will love to know.

 it is to be expected that people will be withdrawing their funds from the exchange given what happened.  Binance won't shutdown as a result of this present crisis they are facing, even if they do go down they aren't the first exchange to go Bitrex is a fresh reminder but that doesn't mean cryptocurrencies will see it's armageddon, the only cryptocurrency that will be going down with binance is it's coin BNB.
983  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 22, 2023, 08:26:43 PM
I guess freebitco.in is being generous these days.
The game on freebitco is provably fair, the winning chances of different prizes are known and the result is determined completely randomly.
If a user has won bigger prizes recently, it means that the user has been more lucky. It doesn't mean freebitco has been more generous.
Freebitco is well known for her provably fair gaming system as a casino with prizes randomly won based on gambler's luck, that being said, from I grasp concerning the generosity @Pawanjain is talking of is how out of their own  volition  they (Freebitco) constantly  throw out different prizes for lucky users to randomly win. A habit in my own lens I view as something that gives the community a feeling of a sense of belonging.
984  Bitcoin / Bitcoin Discussion / Re: How Often Do You Check Your Seed Phrase. on: November 22, 2023, 04:39:02 PM
I normalize checking my seed phrase every three months in the different locations I have them stored this because I don't want to take chances, people notion about the regular check of our seed phrase may differ and this could be base on where they are stored and how impenetrable. If not for anything, a seed phrase should be stored in a position where only you alone have access into that a strange entity can't access without your consent, and for printed seeds on paper it should be done with an immutable ink hat wouldn't fade off with time.

Our seed phrase is same as our bank account PIN number for transactions and it is what verified you as a real owner of a certain fund that's why the famous  phrase " not your keys not your funds".
985  Local / Nigeria (Naija) / Re: Binance CEO don plead guilty to Money Laundering, Wetin go do Binance now? on: November 22, 2023, 03:58:47 PM
Binance don make correct name and don lay down correct legacy as di best exchange wey don gain worldwide trust. Everybody dey feel secure with Binance. Just yesterday,  CZ wey be CEO and Founder of Binance, don talk say e guilty to violate money laundering rules. E don agree say e go pay one fine of $50 million. and also agree say e go step down as the CEO as part of the guilty plea. And that same yesterday CZ don officially resign and e don bid bye bye to en office as the CEO of Binance, although e still make himself accessible to the company say them fit still consult am anytime at all. You go also like to know say Binance sef don Plead guilty and dem charge dem. Dem don also gree say dem go pay fine of $4.3 billion and dem go do restitution to the government join. E be like say the matter don serious well well.. Now my concern be say, e be like say the future of Binance dey uncertain.
Binance is one of the exchange with the largest trading volume of over $70b if not the leading exchange in cryptocurrencies, known for their low trading and transaction fees changes when compared to other exchanges. It  can be argued that despite binance being a CEX it enjoys a bigger trust level than some Dex exchanges and this is as a result of the reputation it has been able to established, preserve and it's pivot role to crypto adoption since it's inception.

Changpeng Zhao made a smart move in the interest of binance and it's community by resigning from his position as CEO giving way to a new era, and with his resignation some tensions and sentiments that are mounted on the company owing to CEO position  might  be withdrawn with a new phase of business for binance.


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With all the tension and negative news wey surround the company, e possible say e go hard for dem to survive. Even if dem don name new CEO, people still dey withdraw their money from the exchange because of fear say the exchange fit crash, e fit affect Binance seriously. The tragedy and the bad publicity fit make people lose trust for the company, and this go affect how people take see and trust the exchange. We no fit talk for sure wetin go happen, but Binance go need find way take handle this matter and try regain the trust of their users. Wetin you think for this matter?
It is common to see binance users expressing FUD as a result of this tragedy  making rapid withdrawals of their funds, it's a critical moment for the community but saying that binance will crash based on this event is an impossible projection for a multi billion dollars company with such financial details as quoted below (as at the time this comment was made).
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Currently, there are 364 coins and 1193 trading pairs available on the exchange. Binance 24h volume is reported to be at $13,816,296,673.96, a change of 25.6% in the last 24 hours. The most active trading pair is BTC/FDUSD with a 24h volume of $2,056,014,317.23. Binance has $67,542,544,852.76 in Exchange Reserves.  source.
986  Economy / Services / Re: YoCa.sh Multichain Casino | Review Campaign 🔎| Get paid in BTC | Full members+ on: November 22, 2023, 12:06:14 PM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3474400
BSC Address: 0x2B7f5e52949133398eBa761DcC2E668B1f6Bc5E3
BTC Address:bc1qf9vm9mhw0w6a78tv7as0aww47h3zqj5g5zt8yr



987  Economy / Gambling discussion / Re: Has anyone been able to make steady income with gambling ? on: November 22, 2023, 11:40:43 AM


I personally feel that there are very less chances of making a steady income with gambling.
You can say that again!

Multiple times this topic has been discussed a good percentage of contributors made it clearly that it's a No for an answer, there's no way anybody, absolutely anybody can make a steady in with gambling.

Be it in sports betting where the assumption is that with a good knowledge of the particular sport and team/league you are betting on, your chances of regular wins against the house are high  great yet no gambler has acquired that regular enablement with winnings it's rather random and irregular winning times.

Never a brilliant idea to take gambling as a source of income, if you must then it should be a part-time thing among other multiple sources of income you have. There's no guarantee in profit making with gambling.
988  Economy / Speculation / Re: The volatility volumes of Bitcoin is not the Will of man on: November 22, 2023, 10:19:11 AM
The ending part did delivered the message plainly.
The decentralization of bitcoin is what still opens a window of opportunity for us to take part in the technology today and I'll say same for those persons that will be adopting bitcoin tomorrow too. If a circle of men called an authority were to dictate the price of bitcoin a whole lot of people wouldn't have be able to get onboard as they would have as many times as they want manipulated the price to their gain frustrating new interested coiners.

With the divisibility of bitcoin anyone can accumulate at their own speed based on their income flow without panic. On the brighter side the next halving circle for anyone that is buying now can bring them some profits which makes them not late compared to those that will be buying after the halving, by then the price would have been twice what it is now.
989  Local / Politics and society (Naija) / Re: This idea go reduce our daily expenses. on: November 21, 2023, 11:15:07 PM
If you think about economizing the utilization of the mobile machines used, what of putting into consideration their maintenance demands as well, i think that the best solution is to cut short every unnecessary means to which we move out and engaged doing other things that doesn't matters at all, this will help us to think deep before taking a step and how to plan adequately for us to be able to save time and money that would have been wasted or used in going after unnecessary things we can actually do without, some will through this learn alot of lessons.
I am tying the knot with what you have said, the purchase of the motorcycle doesn't mean you are going to save from much spending, before we buy anything machine we should take into consideration the cost of maintainance and the necessity of it. How often do you go out? How long is the distance you cover going to work each day?

There are unnecessary movements we make that can be terminated and it will save us money that we would have spend on transportation only. Someone jokingly said, " for this Port Harcourt just the decision to step outside alone nah 5k", it sounds funny but it's a fact. If we can cut some outings, visits, and journeys we frequently make particularly the ones that can be avoided it will save us cost in transport alone. The Nigeria of yesterday is not the one of today.
990  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 21, 2023, 03:31:14 PM
DCA strategy be damned, now is the time to fill your bags. Anyone left straggling
behind after the ETF approval news comes out has only themselves to blame.

What if someone had been DCAing to the max for the past 4-6 years, and such person might not really have any extra cash to throw towards bitcoin, and probably such person is already doing pretty good, even if some of their coins were bought in 2021 and early 2022 at higher prices than current prices.
Like you had said, "such a person is doing pretty good", to have been DCAing for that number of years without fail. If I was in that position I won't get worked up buy relax and be doing maintainance on my Investment waiting for the ATH.

There can be a lot of variation in the situation of others, and even someone who had been aggressively investing in bitcoin for the past 4-6 years might not feel like s/he has enough BTC, especially if such person might have been in college (or high school) during some of those years and might not have had a high income, and even if someone who were to leave college (or high school) and start to earn a decent income, it still could take more than 4 years just to invest a whole year's salary.. that is even with 25% per year of the salary put aside it could take 4 years to get to a full year's salary saved/invested, but surely such a person who had been investing aggressively in bitcoin for that 4-6 years would still be much better off than the otherwise similarly situated person who either had not been investing into BTC as long and/or had not been being somewhat aggressive about it.
I agree with you about the variations that exist. Nevertheless, there are antecedents to consider while proposing an aggressive Investment up to a 25% of ones income into bitcoin.

Some with a lofty income but occupied with other responsibilities entangled on him that demands money it is unlikely that he will be capable to make such percentage even after 4 or 6 years invested in bitcoin, and for a college student it is a worse case scenario to assume that they can invest what should be said to be enough BTC as a student.

Or?  maybe you are referring to the fence sitter who failed/refused to buy BTC in the last year and a half or so while prices were mostly lower than the current price and perhaps the last year and a half had prices lower than where we might be going.  Perhaps? perhaps?
This group of persons are the ones that are to have themselves to be blamed when the ETF had finally been approved and bitcoin price surge as a result. For this group there's nothing in the chart for them and just like those that had regrets back in 2021 when the last ATH took place the regrets of those now will be double with the eventual approval of the ETF by or before 2024.

There are a lot of those kinds of fence sitting people, and most of them are no coiners rather than low coiners, and part of the reason that BTC likely ONLY has around 1% world adoption at best is that an overwhelming majority of the world are not acting to get started in bitcoin for potentially a variety of reasons even if they might know about it or they might have varying level of knowledge of it that might be misinformed and guided by misinformation/disinformation.  

I tend to get bothered by those assertions proclaiming either that a vast majority of the world knows what bitcoin is, which surely is not very likely to be true because if the vast majority of the world were to know what bitcoin is, then we would have way higher levels of adoption and way higher BTC prices, and so in some sense, that is o.k. for those of us who might still be accumulating BTC and getting some value from being able to stack sats at prices that are relatively lower than what they should be and what they likely are going to be as more and more of the world's population both becomes enlightened about bitcoin and starts to act to stack some sats and maybe even trying to get 1% at minimum of their investment portfolio in bitcoin and surely the more aggressive ones will shoot for investing up to 25% of their income into bitcoin, which surely can be difficult to achieve without also having good cashflow (and expenses) management systems in place.
Majority take it that it is whatever the government is backing that it is genuine thing to be part of without fears, and so for their government not giving bitcoin that support that they had been on the watch for they get skeptical about it. The restrictions and ban policies faced by bitcoin from different countries of the world is part of what is affecting the (increased global) adoption of bitcoin. For those who have heard/knew about it are skeptical to take part and for some others they have no clue of it and are not interested to get enlightened about it because their government doesn't approve of it in their country.

However, the number of adoption all over the globe is not that bad only that the number is not as much as many bitcoiners are exaggerating it. And it's pretty much to note that a greater percentage of entire bitcoiners are people with not much soaring income flow that could have 25% of their income  invested in bitcoin even if they chose to go aggressive about it.
991  Economy / Gambling discussion / Re: A gambler's family action. on: November 21, 2023, 01:56:39 PM
Money can be intoxicating sometimes and only a few percentage of persons in the world actually know how to control the pressure and influence that comes with money control. I have had so many friends who were successful in hitting some significant profits in gambling but all end up squandering the fund in different things just because they have this perception that it's actually free money and should be spent anyhow.
It is very difficult to be able to control the money we have no matter how much we have if we can't use it properly of course the money will easily run out and we don't even know where the money is used, when someone wins a bet in the gambling we play of course they have to be able to controlling themselves, it would be better to take the winnings they have got and enjoy them, rather than looking for bigger wins and spending all the winnings they have got.
Money is like a child you have to train it well to have a good profit from it. When you often put or spend your money in the wrong places no matter how abundant the money is it will eventually finish and you go bankrupt and next step in maintaining that elevated standard of a lifestyle is by auctioning a few valuable properties you have, and many gamblers are hooked in this nest.

Silly when I see gamblers spend their winning money anyhow and when you attempt talking to them about it they tell you that they're going to have another win again so let them spend this very one, forgetting that there are some gamblers like them in the queue for luck waiting for their own turn to have a lumpy win too.
992  Economy / Exchanges / Re: Bittrex is Closing Down on: November 21, 2023, 01:19:18 PM
I think Bittrex US took the right decision of shutting down having been in a business environment where  exchange regulatory policies are harsh to the teeth. It didn't come as a surprise when I first read about the news, they had before now expressed interest of leaving the US after they were charged to court by the SEC some months ago for operating as an unregistered exchange.

On the other hand, the window given for withdrawal of funds to me is a short one and should have been at least by the end of Dec, 2023, the Dec, 4th 2023 rather interprets how much they are in a hurry to leave the US and, I can't blame them for that.
993  Other / Beginners & Help / Re: I need help and gaurdiance on: November 21, 2023, 09:20:21 AM
Check this thread Useful Links for Beginners !  It's a thread similar to yours and has links to almost all the informations and help you're seeking for as provided by different members on the forum. To every guide you need you're certain to find it by just clicking the link.

Welcome to the forum.
994  Other / Beginners & Help / Re: Useful Links for Beginners ! on: November 21, 2023, 09:15:11 AM
Welcome to the forum a community of bitcoin enthusiasts driven by shared knowledge. As you can see a lot of helpful links has been provided for your reading pleasure to guide and lead you within the forum. Learning is a gradual process, be rest assured you may not grab all you need at once but as time proceed you will get much acquainted with how the forum operates and bitcoin knowledge.

As usual, my candid advice to you as a newbie disregard and never give audience to any PM's from anyone claiming to have a deal that can bring you profit or double your money in no time, a lot of Sam is going on behind the scene don't be a victim as newbie cause their targets usually newbies. So stay focus and avoid short-cuts to profits.
995  Other / Beginners & Help / Re: Some traps to avoid in bullrun. on: November 20, 2023, 05:21:24 PM
1.Invest in what you can afford to lose.
You don't step into the river with both legs when you don't have sight of the depth. Every investor should treat this as important in their search for a coin of interest to be invested in. When you invest above what you can afford to lose it is tantamount as gambling with your peace of mind and when in any case an investor gambles with his peace of mind suicidal thoughts become the next line of action when their investment collapse because they find it had to bear the loss.

No matter how promising, the amount we invest shouldn't be off of our budget. And a simple way to know when you are investing above what you can afford to lose is when you start having fears and feeling of discomfort with the amount of money you are throwing into a coin.

Another thing op didn't mention is about those set of  people that take loan to invest in a coin, be it bitcoin  or any altcoin I kick against the theory as it's 99% not worth risking it.

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4.Be prepared for the worst and hope for the best:
it is at this season we get to hear about variants tragedies about have a certain coin that was much talked about and hyped didn't produce result, and all other suck news. At this period what can keep you safe from falling victim of hypes is thorough self digging and research.
996  Local / Nigeria (Naija) / Re: My thoughts and wonders on Bitcoin on: November 20, 2023, 02:25:28 PM
I have really had some series wonders about some Bitcoins potentials which are>>>
* I wonders the creative ideal and what is and was behind how Satoshi Nakamoto  could succeed in convincing the  world to believe on a digital currency even when it is not controlled by any individual or any authority and the world accepted it even when every nations have its own local currencies.
People will always accept whatsoever invention that attends to their needs, addresses and brings solution to their challenges. Anybody could have invented bitcoin and still get the rate of adoption it's receiving today, it's not about the inventors influence but the invention being capable of solving and providing solutions to people's financial problems.

People are in dare search of what could give them financial freedom and privacy in their daily business life and this is one of many other solutions that bitcoin offers to it users.

The oppressive measures and policies of the central authorities in controlling, monitoring and directing the financial flow of citizens has been a challenge to many people and bitcoin as decentralized technology giving anonymity, privacy, financial freedom etc to it users all these made people from divers countries to adopt it even when they have their own local currency.
997  Economy / Gambling discussion / Re: 9 Years Before He finally claim his lotto rewards on: November 20, 2023, 01:22:14 PM
What I can say as lesson learnt from this true life story is that we shouldn't carelessly misplace our gambling tickets or lose it because the gambling house won't accept any explanation you might want to give even when they know you are not a stone throw away from the truth as the true winner of the said game.

The man fought what can be described as a good legal battle, a battle of almost a decade, only God knows the agony he must have passed through all those years in this legal battle with the bet outlet. He was so lucky to still have some details left uncleaned on his ticket after his daughter had ironed it with the intention to straighten the rumple ticket, if it was a complete blank ticket there wouldn't have been any evidence substantial to win this battle.  Congratulations to him.
998  Economy / Gambling discussion / Re: When does the moment come when the gambler loses control? on: November 20, 2023, 12:43:38 PM
There is an opinion that the greatest dependence on gambling is formed at the moment of a big win. The player understands that money can be earned LIKE THIS. This is a fairly common opinion.

But I believe that the greatest dependence on gambling appears at the moment of loss, when the player admits in his head the idea that he could earn so much. He is disappointed, but wants to recoup. It is at this moment that the desire comes to play again and again in order to return to the previous state.

What do you think about it?
oh yeah, it easier for a gambler to quit for the day after a big win to when he's losing in his game. The tendency to chase the losses is triggered by the idea of recovery back to previous financial state, and in that condition anxiety steps in affecting your gambling decisions leading to blunders that originates extra losses.

Losing can be very painful and disappointing equally when you claim to play for fun too, it is natural in human as an innate nature to disgust losing, and when we care too more about our losses we are moved to beat the loss and the chances are that we tend to lose more in such circumstance than we do recover. At that stage admittance by accepting the day as your losing day is the better option instead of chasing the losses.
999  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 19, 2023, 01:06:19 PM
DCA strategy be damned, now is the time to fill your bags. Anyone left straggling
behind after the ETF approval news comes out has only themselves to blame.


What if someone had been DCAing to the max for the past 4-6 years, and such person might not really have any extra cash to throw towards bitcoin, and probably such person is already doing pretty good, even if some of their coins were bought in 2021 and early 2022 at higher prices than current prices.
Like you had said, "such a person is doing pretty good", to have been DCAing for that number of years without fail. If I was in that position I won't get worked up buy relax and be doing maintainance on my Investment waiting for the ATH.

Or?  maybe you are referring to the fence sitter who failed/refused to buy BTC in the last year and a half or so while prices were mostly lower than the current price and perhaps the last year and a half had prices lower than where we might be going.  Perhaps? perhaps?
This group of persons are the ones that are to have themselves to be blamed when the ETF had finally been approved and bitcoin price surge as a result. For this group there's nothing in the chart for them and just like those that had regrets back in 2021 when the last ATH took place the regrets of those now will be double with the eventual approval of the ETF by or before 2024.
1000  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: November 19, 2023, 06:32:38 AM
So, if for example, you won a Lamborghini, and you opt to receive the Lamborghini's worth in bitcoin, depending on the country where you live, be rest assured that the amount of bitcoin you are going to receive may not buy you an actual brand new Lamborghini, you may need to add some money to it.
Hmm, that is interesting. Then you have to calculate how much shipping fees and importation taxes from your local government are going to cost when choosing to receive the physical product instead of the equivalent amount in Bitcoin. Although I think in every cases to receive the prize in Bitcoin is always the best alternative, otherwise you are going to have too much expenses with the process of importing the good. Keep in mind that to receive a 200,000$ lamborghini, you will have to pay out extra money from your pocket, that might reach on the same costs of purchasing the same vehicle in your country.

In every cases, you will only be rewarded with a 200,000$ worth prize if you receive it in BTC.

If I would win, I would always choose the BTC prize instead of the Lambo. What many also seem to forget, it is a nice car but your maintenance costs will be sky high and other costs like insurance and fuel. Furthermore, if you opt for the BTC prize and you leave it a bit on the site, you will get a nice extra dividend also!
@babygun I am with you on this, before people want to live on luxury they forget to check the cost of maintainance of the luxury they are seeking. Every lifestyle is attached with a maintainance cost. Lamborghini is not just any common car and for someone like in my country the body parts of Lamborghini has to be imported from outside the country.

I'll rather accept BTC as an asset instead even if the amount of BTC isn't approximately equivalent to the reward which to me is a liability to maintain. With a $200, 0000 worth prize in BTC I can get a standard car not so expensive to maintain like a Lambo while I invest with the rest funds.
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