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1  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: May 26, 2024, 05:08:22 PM
I mean it makes sense not to do it because it is not that widely accepted or used. Even a lot of exchanges do not have that option for bitcoin, which shows you that there is no demand for it.
There are platforms supported it in the past bull run, when Lightning Network was something hot with its suddenly adoption growth, but later Lightning Network feature for deposits and withdrawals were removed. It means something about demand from users and technical resources of platform to handle LN transactions.

Quote
Exchanges are great tools to see if something is popular or not, they would list even the worst coin possible, a scam coin, literally just for money laundering, as long as it has some trading volume or a profit making possibility for them.
That is true, for Lightning Network and for Segwit addresses too.

It takes like four to five years since September 2017 for centralized exchanges to start support Segwit addresses for their customers. It's a long waiting time and their widely support only comes after Segwit adoption grew significantly.

See Lightning Network and Segwit adoptions.
https://charts.woobull.com/bitcoin-segwit-adoption/
https://www.lookintobitcoin.com/charts/lightning-network-capacity/
2  Economy / Gambling / Re: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token on: May 26, 2024, 04:40:01 PM
Hey all,

So, I'm making this post as a member of BTCGOSU just to inform everyone over here that Shuffle casino is currently not under the control of the original owner. We are in direct contact with him and will try to keep everyone informed, but just small PSA.
You don't have to do this but thank you for this important announcement.

I only want to know, is it better if this announcement made by the previous owner or new owner?

Can you elaborate this announcement? Are you suggesting that someone not trusted is now controlling the casino? Why does Noah and the Shuffle social media account doesn’t have this advisory for players safety.

I still have some coins left on this casino including the airdrop token I still saved for collection. Thanks for the heads up for forum user.
Stay tuned for more update.  Cheesy

Life will not be interesting if you know everything at once. Joking a bit  Grin

Seriously, I see positives here because the previous team and the new owner are transparently with the ownership change. It shows that, at least in my opinion, their trustworthy and you can trust them, previous and new owner.
3  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: May 26, 2024, 04:33:02 PM
Not all casino that spend hundred of dollar to thousand of dollar in promotional fee will never guarantee you safety. A casino's reputation depend on how they serve their customer, pay their customer and handle the problem their customer. Not all casino promoted on forum through signature campaign program and other social media can be trusted, we definitely have several example that have happened in the past and almost every campaign participant has been red tagged.
I agree at some points and disagree at some points with you.

I agree that advertisements of a platform don't guarantee safety of your account, it's different aspect. Like FTX exchange, they spent massive money for politicians and for many things which at the end, we knew how stupid and carelessly they did in many months.

I also agree that a legit business has its reputation to protect and it is one of most important factor for their business future. They will detect their reputation at all costs so if they are legit, they will not do shady things against their customers.

However I disagree that a legit company that does not promote their brand in bitcointalk forum, but do it on social media, can not be trusted. Bitcointalk, no matter how much I love it, is not a hub of universe and is not a mandatory place to run promotion for all companies.
4  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 26, 2024, 04:25:31 PM
In the tweet: https://x.com/Meta_Winners/status/1793690557342011627

Mostly the problems are (checking & verifying). They don't have a huge resource for doing these, and from my perspective needed to add more teams for the verified check and filter data. For the filter data we can make a threshold (RANK + WAGGERING Amount on the account)). However, we still needed to verify the accounts really belonged to the person who are submitted the form. Cause, we don't want abusers taking someone's account randomly in some casino.

Hard task, but looking forward to see these back active again.
I used to be a support staff but as a middle man between the corresponding team like Compliance team and customers, so I understand his hassle.

During and early months after the Covid-19 quarantine, lockdown, there was bottle neck and congestion in customer KYC submissions on that platform. They have to wait like days, weeks to be verified and handle some other issues.

The team already said reasons and I agree with you too, check and verification to come to approval of VIP transfers must be done correctly. It firstly helps to avoid abuse and secondly to help the team use their budget more efficiently.
5  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 25, 2024, 04:49:34 PM
If your intention is to contact TheQuin then that seems like a futile action for now because he hasn't responded on this forum for quite a long time, even the freebitcoin account which is still actively posting promotions from this casino on the forum is also not the one who will respond and contact him via Direct support services from the website also won't get a response because that's what I've experienced, and in my opinion this isn't fraud, it's just a casino problem that we don't know for sure
There will be different contact points at different levels. Sometimes communication among contact points will be delayed by personal issues likely health or anything.

I don't consider a long lasting and trusted platform like Freebitco.in is a scam only because they were inactively recently in response to some scam accusations or problems on their platform.

If a business team is scam, you lose money and no matter how noisy you are making, you will still lose money.

If they are legit, they will response and handle your case. Honestly most cases, people will not feel happy even their issues are resolved with some delays.

Stay tuned for their response is best.
6  Other / Beginners & Help / Re: Input from community on transfer fees on: May 25, 2024, 04:36:11 PM
Anyhow, here's my dilema: I've been slowly accumulating Satoshis this year, and I also bought a cold storage wallet recently.  I tried today to move a small amount of BTC to the wallet as a "test" transaction to insure it went to the designated wallet, but the fee was a lot of money in my opinion.
Slowly accumulating satoshis this year, does it mean you do multiple purchases, not only one?

It's good that you can spend money to buy a cold storage wallet but this is strange that you can not spend some money for transaction fee.

Cold storage wallet is good but if you can not have more money for it, you can use free wallet software, open source like Electrum wallet. You can set it up as single signature wallet or multi signature wallet, free.

Transaction fee now is cheaper than weeks or months ago and gives you good time for practice with on-chain transactions, pay fee.

If you have been accumulating bitcoin since start of 2024, you would have known about some worse times with more expensive transaction fee last 5 months.
https://jochen-hoenicke.de/queue/#BTC,6m,weight
7  Bitcoin / Electrum / Re: Electrum Lost PW on: May 25, 2024, 03:18:31 PM
How do i access my Electrum wallet if i lost my PW? I have the seed for my wallet. can I use this instead?
nc50lc helped you already but I see one more thing in your post, it's a big issue in future if you don't change.

You created your wallet, but did not test your backup (what you wrote down) to recover your wallet. It is a mandatory step, testing your backup, to make sure you can use it to recover your wallet and the recover wallet will give you same receiving address (see Receive Address list).

When you finish this step, all is okay, you can start to fund that wallet.

How to backup a seed phrase?
Quote
Test Your Backup

Regardless of which backup scheme you choose, if you don't actually do a test run of restoring a wallet from it, you can't be confident that it will work when you actually need it.
You don't actually need to fund small amount of bitcoin to that wallet, just to test your backup. You can test it with an empty wallet, by simply compare receiving addresses.

Restoring your standard wallet from seed. You can learn something from this guide but note that Electrum no longer give users to create Legacy addresses by default.
8  Bitcoin / Bitcoin Discussion / Re: How do we know retail is FOMO-ing into Bitcoin? on: May 25, 2024, 03:12:06 PM
Or maybe the the fear and greed index will do?

https://alternative.me/crypto/fear-and-greed-index/

Not sure what is the historical numbers that we have seen before, but it is goes 80% or higher, I think there is a incoming FOMO and retail investors are pouring some of their money because somewhat they know that market is going into a parabolic rise in the next day.
Fear and Greed index is displayed with the chart to make it more easily connected with Bitcoin price.
Your given site has a chart too but it is in a pure grey color so the chart from LookintoBitcoin.com is more helpful.
9  Bitcoin / Bitcoin Discussion / Re: Cøbra announces Bitcoin Core can now be downloaded in the UK on: May 24, 2024, 03:08:29 PM
Anyone who often visits the bitcoin.org website please share your experience.

I could be wrong, but I remember that months ago, when we visit that site, it will have a notification like "Bitcoin Core can not be downloaded in the UK", something like this.

Weeks ago, not today, I visited it and no longer saw that notification.

A note is I don't remember when I visited it a long time ago, and saw that notification, I used Tor or not and whether the IP is from UK.
10  Other / Meta / Re: Some people that left this forum recently on: May 24, 2024, 01:49:24 PM
The question we all should still be asking ourself is on how well we are going to remain committed to the forum even without having signature campaigns to participate in, there is nothing bad in it when we already have a large number of people who truly depends on the signature campaigns for their survival because of poor economy and the likes, but also remember that it was something most of them have been used to before hearing bout bitcoin or this forum, but whichever way, we should know that life goes on and people will always come here and go no matter what.
The forum will not die because no more signature campaigns are allowed here. It will return to what it was before signature campaigns appeared here years ago.

In 2017, because of Bitcoin bull run and ICO waves, the forum was flooded with spammers and theymos considered many options before he decided to launch the merit system.

One of options is shut down the signature campaign industry globally.

See
What are everyone's ideas for improving post quality?

I have mostly ruled out:

 - Removing signatures or sig ads globally.
 - Requiring payment to wear sig ads.
 - Banning account sales.
Recall that there are spammers in those mixer campaigns community complained about it as I know, having them here is not always good for post quality and spam issue in the forum.
11  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 24, 2024, 01:37:33 PM
If I understands it correctly, it was like the program has been abuse, but even though it's currently cancelled, in a statement as provided in the link you shared, they promise they'll return with a better system.
I really don't think so. When you launch a program a first time, it's necessary to have a breaker to hold it for assessment before re-open it. I see it is normal, not strange, and less probability for abuse as main cause of their program suspension.

It's seriously weird that they didn't anticipate this considering the fact that they have been in this business for several years now. Abusers are lurking everywhere and they try to sniff out any opportunity wherever it is.

They should have prepared themselves properly by following strict rules in order to differentiate effectively between legitimate members and abusers.
No person, no business team can know everything and there are always unexpected things happen so it makes sense to hold it temporarily for deeper internal analysis on what they have gotten so far.

It's their carefulness that is good for their business and I see no harm with this suspension.

I really think that it's non sense if we continue to speculate what happened. They will announce us to know if the program will be re-opened and if not, they will also let us know.

I'm sure, these will make fewer people get accepted. Also, I know casino making some promotion to hopefully the money they're spend on promotion is coming back again to them. With waggering around 15-20x should be enough to make the money came back to them but with a chance player also can really high chance to finish these.

Unless, 50x waggering. I usually skip, because is not good for the player
They will need to assess initial rules of the program, what need to be stricter and so on. They have to change rules up and down in difficulty of requirements, to make sure they can acquire maximum effects with same budget. It's a business operation, not charity, with acceptable rules that are not too easy but not too strict.

They need to find some insights from data they got so far.
12  Bitcoin / Bitcoin Discussion / Re: Rune vs BRC20 on: May 23, 2024, 03:03:13 PM
Technically people don't have any problem with something like Ethereum for what it is. The problem is with what it is being advertised to be.
In other words the problem is when people are being lied to that ETH is decentralized, better than bitcoin (remember flippening?), has immutable blockchain, is secure, has cheaper fees that will never go up, ... Smiley
Altcoin developers would prefer to say their coins are killers like Bitcoin killers, Ethereum killers but their coins don't kill Bitcoin or Ethereum but die with time.

How many cryptocurrencies have died? The number of dead coins are bigger than 14,039.
Quote
Over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died.

Flippening?

I recall that Ethereum never flipped Bitcoin in marketcap but there are some weeks media expected for that flippening and that's all. Months later, it's turn of Ripple to flip Ethereum but none of them can flip Bitcoin in marketcap and in price of a single coin.

It is around late of June 2017 when Bitcoin dominance is about 40% and Ethereum dominance is about 30%. 10% is not too small to make a flippening for Ethereum.
https://coinmarketcap.com/charts/
13  Bitcoin / Bitcoin Discussion / Re: Bitcoin forks and ETFs on: May 23, 2024, 02:48:54 PM
Bitcoin Spot ETFs will be like centralized exchanges and they also rely on their custodians. We know most of Bitcoin Spot ETFs choose Coinbase as their custodians so we will go back to a centralized exchange.

Centralized exchanges, as they shown with past Bitcoin forks and altcoin forks, will have their own criteria and support (or don't support) a fork. If they support it, they will do technical steps to claim forked coins and credit it to their user accounts.

In a bad scenario, if they don't support a fork, their users will not receive forked coins.

If you worry about loss on forked coins, store your Bitcoin and altcoins in your non custodial wallets and claim forked coins by yourself in future. Claiming forked coins is risky practice because it leaks your private keys.

LoyceV's Bitcoin Fork claiming guide (and service).
14  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 23, 2024, 01:47:32 PM
I was one of those first to fill out the VIP Transfer Google form here at Metawin and I can say that it was really easy as long as you genuinely have VIP account to transfer. The reward received was literally free.
First comes, first serves and I believe later applicants might have stricter assessment before the team approve their VIP transfers to the platform.

If the team re-open the program, I expect them to add some new rules and turn the program to a stricter one, not easy like how it originally was when you applied.

Budget and effects from the program will affect their decisions to re-open the program or not. To run the program for a long time, it must bring new VIP members and good income for the business, to make it a sustainable program. It's not easy to become a VIP member so I see the overwhelming application wave probably does not last long and after VIP members from other platforms mostly transferred here, it will reduce pressure on the team budget.
15  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: May 22, 2024, 01:47:40 PM
And beside, I think freebitco should have placed a rule that bans a previous winner from participating in draw again for the second time consecutivly, the user can be allowed to start participating again after 2 rounds..
Reason for this is because, winning this around, there is the high possible that the user will use the funds paid to him for the lambo to manipulate his way into having a high chances of winning again and  again and again, just like what we are currently seeing the user who won the last round do right now.
Super luckiness does not come to a single person again and again, it is like only one chance in a lifespan.

If a superb lucky gambler won a lambo, and is smart enough, he will enjoy it, or sell it to buy Bitcoin or Ethereum and consider it as his investment to gain a fortune next several years.

It is very unrealistic to think that if he sell the lambo, use that money to bet again and again in next many rounds, he will win more lambos. It's the best way to lose money, lose the lambo, then get mad.

It's not necessary to ban any user just because he won in a previous round.
16  Other / Meta / Re: How would the forum feel/react if Casinos were banned like Mixers? on: May 22, 2024, 01:30:57 PM
Only hypothetically speaking, because that would literally never happen in a million years.
This forum is for Bitcoin discussion initially then its purposes and discussions expand to altcoins, other services include casinos. The forum will lose traffics but will not die if casinos will be banned and no longer appear here in Announcement threads or signature campaigns.

The forum is not only about casinos and signature campaigns.

History of signature campaigns
17  Bitcoin / Mycelium / Re: Why is it showing me an old Bitcoin price? on: May 22, 2024, 01:24:11 PM
This might be a dumb question for many of you here. I still wanted to ask it and the question is why my old wallet is showing  wrong current price of Bitcoin.
Please move this thread to Mycelium wallet board.

Mycelium Showing incorrect Bitcoin Price From this discussion in January, it seems price will not be updated correctly if you have slow Internet connection that affects your connection with Mycelium server and electrumx node, and even Tor (On or Off) can affect update of price too.

BitMaxz's answer for OP of that thread months ago.
18  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 22, 2024, 01:14:19 PM
I hope they can re-open the program (VIP-TRANSFER) again and hopefully same reward as well. I guess, VIP Transfer are quite popular right now to gain some new user from other casinos. Especially, from user with highest user like (Stake) and other.

The casino can have some chance gain a user with highroller. I found 2 casino who have VIP Transfer right now, BK8 & MetaWin. Looking forward for these one boys, thank you.
I guessed the suspension of VIP transfer program relates to budget for it or perhaps the team need time to observer what they get from approved transfered VIP members and if their assessment is positive, they will re-open it.

I dunno if the VIP transfer programs become too popular then will it will be beneficial for casinos to run it?

If it becomes too popular on many platforms, it can be exploited by users and they simply apply for transfers and enjoy some initial benefit after the VIP transfer, then they might switch back to their previous platforms. Maybe platforms like BK8 and MetaWin will need some time to have data and assess results of their programs.
19  Economy / Trading Discussion / Re: (CONTINUATION) Price Action Strategies on TRADING Part II on: May 21, 2024, 10:47:56 AM
I don't see any warning about risk of using leverages for Margin trading or Futures trading. It's basic but vital warning because with whatever trading strategy, if people use leverages, and worse high leverages, their trading positions will be under higher risk of liquidations.

You can be right with 90% of your positions but the rest 10%, if bad, will cause you painful loss such as taking out 70% or bigger of your trading capital.

Supports and resistances exist and market manipulators don't care what you are thinking and what methods you are using as well. If you open a bad, risky position, their market manipulation will trigger either Long squeeze or Short squeeze and you will lose money.
20  Bitcoin / Bitcoin Technical Support / Re: [May 2024] Fees are low, use this opportunity to Consolidate your small inputs on: May 21, 2024, 10:38:26 AM
Bitcoin will survive, just not as magic Internet currency in the base layer. It might sound like too-Saylor, but it is true: the base layer is the asset layer. The bet is to produce a working layer on top of that base. A second layer like lightning is what I'd rather recognize as a "transaction layer". Lightning payments fit better the definition of a "transaction", because you'd expect from a transaction to complete instantly, very inexpensively and more importantly: to be feasible to make nearly infinite (small) transactions.
The biggest disadvantage and also barrier of Lightning Network is, people have to make an on-chain transaction to open their Lightning Network channel and start using Lightning Network for "small" transactions. The prerequisite step is not too attractive for people who simply want to save transaction fee at beginning and for people who don't usually make transactions. That first transaction is actually expensive if Bitcoin mempools are congested.

If people have to surpass this "barrier" by using centralized platforms that support Lightning Network, it sucks because they will have to give up control on their coins. These platforms might only broadcast transactions through Lightning Network sparsely within a day, it sucks again, it's not smooth experience.
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