It happens in all cases that the rich use the weakness of the poor to increase their wealth. In the case of Bitcoin, those who are not very financially strong sell their Bitcoins in fear in various cases and cash out the money and the whales take advantage of that and fill their bags. And gradually they keep a large amount of Bitcoin in their hands and manipulate the market. And in the same way, they keep ordinary investors in fear and force them to sell their Bitcoins because their weak mind set never decides to take high risks. And in this opportunity, the whale investors withdraw all Bitcoins from the market at a low price. In this way, they gradually get the opportunity to hold more and more Bitcoins. and we are just selling
You don't need to be rich for having diamond hands and holding your bitcoins. Whether you are able to do this all starts with how you manage your finance, investment capital, risk, and how you prepare for emergency with at last having an emergency fund. If you can do this, you will be able to hold your bitcoin and don't panic sell your coin. This way will help you differently than the other poor people with lack of knowledge but have abundant laziness and greediness to join this market. The rich don't take away anything from the poor, as in this Bitcoin market, if you sell your coins for cheap money, the rich like Strategy and Bitcoin Spot ETFs will buy your coins. You give them chances, and they just took those opportunities for accumulating more bitcoins, please don't say they do anything bad to you. |
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One question, BetPanda states it in their TOS to protect themselves and against users for potential issues that may arise. However, why is BetPanda, and any other casino offering it, VPN friendly? VPN is supposed to mask your address for privacy, but ultimately, your location might be appearing from another country. What's the point then? 99% of users using a VPN have a foreign IP, isn't that indirectly allowing you to gamble from a restricted country, and allowing you to do that with a VPN? Perhaps you might face issues with KYC when and if requested, because then, you'll have to declare your country of residence, but till then, you're free to play, right?
With VPN, you hide your true IP address and it is not important that you configure the VPN to other countries or your country. If a casino is VPN friendly, they will not trigger KYC just because you switch your IP addresses from one nation to other nations with VPN. They know that you are using VPN for accessing their casino, but it's enough and they don't see it as a user's risky activity. If there is a restricted area list, a user must register at least with country of residence, in order to register an account and use the casino. If KYC is not mandatory for registration, later I don't get reason why VPN can trigger KYC requirement by the casino. Only if you win big, your account will be under investigation and it can be time for dig deeper in your IP address and identity. |
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I also don't know why some are thinking in this manner that AI is going to take away their job and render them helpless, AI has been designed for more advanced and specific purpose that can make us achieve doing something more faster and better, also, we should be more inclined to the fact that the same AI has also created a lot of opportunity for those in the capacity to get employed, as some are losing their job, others are being employed, so we don't have to stay in one place without updating on one self each time about the trends of the new AI technology in use.
AI is actually risky for human as it has already replaced many jobs while in the future, with its advance, many occupation and job positions will be at risk. Even so, it's AI threat to human society, human jobs and Bitcoin has no responsibility here to fight against AI for human. Bitcoin is Bitcoin and belongs to a different technology but it can be adopted more, its value will rise, and if people can invest in Bitcoin, they can get good profit, better wealth. It's all Bitcoin can help many people to get richer while people need to continously learning for improving their knowledge and adapt with new technologies in order to become a more valuable workers for their companies. It's how they can survive in any labor market with or without AI threat. Bitcoin is Bitcoin but scammes try to attach Ponzi to Bitcoin, AI to Bitcoin and more, people must be very knowledgeable and careful for avoiding scam. |
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But my most important action was that I created an account, and after I won or lost, I self-excluded.
I see no reason of creating new accounts after win or lose. If you want to leave a casino, let's leave and if you love it, continue with your account. Creating multiple accounts and say whatever reasons why you abandon a previous account, and create new accounts, is not convincing with me. It's obviously that with BC.Game, on their business side, your action is not tolerated at all. holydarkness already got your username and passed this information to his contact with BC.Game team, and now you can stop complaining in the waiting time of official response from BC.Game or from holydarkness when he forwards the BC.Game answer to you. |
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If miner truly think halving is disaster, then i would question their long term planning. They should've considered halving and other factors (e.g. difficulty that almost always rising) before deciding whether to mine Bitcoin.
Big mining companies actually have deep budget for their business and if they had experience from previous halvings, they will prepare their money for purchasing discount ASICs from weak mining pools. Around the 2024 Bitcoin halving, I read news about minings planned for this mining rig purchases with good discount from other weak mining pools' capitulations. Big and strong miners do know about Bitcoin total supply and its new coins releases by halving cycles so they do prepare their strategic mining very well. The Economics of a Bitcoin Halving:
A Miner’s Perspective |
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Your backups on the other hand, are simply your keys, in a form that can’t be directly used without a combination of hardware / software.
With Bitcoin, you have an amazing backup and recovery way that allow you to make your wallet recovery from one wallet brand to other brands if they support same Bitcoin BIPs. It means you don't rely on any single wallet company for creating your wallet, backup, and especially wallet recovery. You can recover your wallet with this third party software that is not from any wallet company. The FinderOuter, a bitcoin recovery tool. |
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Of course, the casino immediately sees this by the IP address. For example, another casino won't accept a deposit if it sees a connection from the same IP address. But here we're talking about the fact that I'm an honest player and I provide all the information requested by bc.game. I won the money honestly. No one can prove to me that I didn't win the money honestly and that I'm not an honest player because I I provide all the information about myself - a passport photo, a photo of my face, a video of my face, a document confirming where I live.
It's the business of BC.Game and they investigate and finalize your case, not me. Neutrally thinking, you can not self call you as a honest player at BC.Game by creating many multi accounts. Providing your identity documents to BC.Game does not make you as a honest player at all. I am not against you and I believe that my posts don't harm your chance by what I wrote and won't increase your chance if I write something different, more positive about your case. BC.Game don't arbitrarily handle your case as they have reputation to protect and by running their casino a longer time with good reputation, they can get more revenue that what they got from your case. Good luck, and I will no longer share any more posts about your case. |
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Bitcoin’s core value is supposed to be decentralization and freedom from central authorities. However, if large firms or nations hold too much of the total supply, they could manipulate the market, reducing Bitcoin’s effectiveness as a decentralized store of value. Is Bitcoin’s future as a truly decentralized asset at risk? Or I am overthinking about the issue ?
Bitcoin is a decentralized blockchain with a great technological program so that Bitcoin holders actually control their coins and don't rely on anyone, any company to store their bitcoins, backups, and broadcast their Bitcoin transactions. With Bitcoin private keys that can be achieve from non-custodial (and should be open-source) wallets, they can have all these things easily. You can not control how people own bitcoins as in all other things from gold, stocks as well but why do you worry about market makers? Let's realize that they manipulate the market for profit and if you know this at the present, you can accumulate bitcoins and hold your coins for profit in the future. Let's say it's like market makers work for you, Bitcoin works for you. Bitcoin Rich List https://bitinfocharts.com/top-100-richest-bitcoin-addresses.htmlBitcoin: Addresses Holding > X BTC by Year https://www.bitcoinmagazinepro.com/charts/addresses-holding-x-btc-by-year/ |
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Lol yeah, even a dollar could make people happy because it's free  . To be fair, I spend hundreds sometimes and yet whenever I get something free, a freespin, a bonus, a reward, even a voucher, it becomes very entertaining. That is why I find it very fun to do this. The way casinos end up getting more customers is getting attention. Because attention is the most expensive thing any online business could have, they pay billions every year to get your attention, every single company. So it is basically obvious that casinos uses "free" stuff to get your attention, since if you saw "x amount for free" that would be a good marketing for them since it would get your attention. 1win is amazing at grabbing attention of people. "Free" things can make people happy but not of them feel like this. Some of them can think small free things are not enough and they want to get rich from free rewards while they must be realistic that there is no casino wants to giveaway free things that can cost them thousands of dollars or bigger like hundreds or millions of dollars Free spins for example, only are given to users in order to advertise new games, make more activities on the online casinos during a period when the casino team think it's best for marketing and can maximize the website traffic and bet inflow on their platform around times of platform upgrades, product release, partnership announcement. Free spins are not "chance of getting rich" for users and they must self eliminate that thinking. |
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BC.Game's terms are pretty clear on having multiple accounts. You are not allowed to have them. You can only register one account. Not 2 and not 10 or more. Regarding account closures, the casino's terms state that they can close accounts that don't comply with the terms. It also says that they can return the funds or keep any money in them, including deposits. I believe that the person knows well about those terms on BC.Game and such terms are similar in gambling industry on other casinos too. No online casinos tolerate multiaccounting activities on their online platforms as it brings a lot of harmful threats to their business from financial treasury to reputation. If they don't detect cheaters, their treasury will be exploited but if they detect cheaters, take action, their reputation will be attacked like with this person. Breaking the rule, then complaining and trying to withdraw money as well as making accusations and damaging reputation of a business, all these actions explains why online casinos have a common standard against cheaters. |
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How funny. So basically if I get cash from an ATM that was linked to robbery, drugs, illegal prostitution, weapons and other stuff, then police could arrest me just for having it.
...Wait, that's not how it works?
More proof that this is only being applied selectively towards cryptocurrency just because they can't keep a paper trail of cash. At least Monero can't be traced. No wonder why everyone wants to ban it.
It's just showing one of many reasons why KYC is dangerous and useless for citizens while government can use KYC as their favorite weapons against citizens. Even you are not criminals, you are unsafe from governments as they can arbitrarily accuse you for crime and money laundering. Let's stop talking about democracy which can not completely protect citizens. In all nations, more or less, governments can attack against their citizens in many cases even without solid evidence of crimes. Governments can do their dirty jobs while they don't or get very limited consequences which are less than citizens have to be responsible for. Why KYC is extremely dangerous - and useless. |
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Let's skip the fact that what you said is not true. Bitcoin was most likely the work of one man; does that mean it's not decentralised because it came from one person? Bitcoin being mined from one place has nothing to do with the decentralised nature. The feature of decentralisation in Bitcoin didn't come from being mined in different parts of the world.
Also, China ranks second on the list of miners, with about 20%. The US tops the list, followed by Kazakhstan and Russia, in third and fourth place, respectively, if I'm not mistaken.
It is the very old data from Cambridge and they stopped updating it since 2022. Many things changed in the world last three years including Bitcoin mining industry and Bitcoin hashrate distribution. https://ccaf.io/cbnsi/cbeci/mining_map/mining_dataI don't know why they stopped it but you can have their latest information on Bitcoin mining in this report. https://www.jbs.cam.ac.uk/wp-content/uploads/2025/04/2025-04-cambridge-digital-mining-industry-report.pdfThe USA 75.4% Canada 7.1% Paraguay 3.4% Norway 2.8% Kazakhstan 2.6% There are big differences from 2022 data. You can read it at page 47 of the report. |
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On the other previous ones, I only lost large amounts and they were not blocked because when I lose, I immediately block the accounts
You can not block your accounts and I think it's like you abandoned those accounts which in your belief are not lucky accounts for you. Only the company can block user accounts if they want. because I always say the last time I play, I am a player, I am an honest player and any player will understand what I say.
If you know that casinos are against multi accounts, and you are a honest player, you will not create multi accounts for playing. 10 accounts is quite a big number for multi account violation against their casino ToS. But they blocked this account, and the other 10 are still open, but I self-excluded and can't bet.
It could be like they detected something suspicious with an account that has big win, blocked it, and did further investigation from which they found your other accounts. Is it your case here? I'm an honest player and won the money honestly, but they blocked the account and the money and still haven't given it back.
Most possibly, casinos only give cheated users deposit money back. |
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In addition, El Salvador is buying 1 bitcoin per day, which amounts to 365 per year. That's nothing. It would take 500 years to catch up with the US at this rate. If it could increase its acquisition through mining operations, it would be something else, but if the US starts buying in earnest, no one will be able to catch up. It's only about mass challenge to catch the US with a big condition that the US only hold seized bitcoins and don't buy more bitcoins. With very quick change in Bitcoin adoption and national regulations globally, the second part of that condition is very unrealistic. I believe that the US sooner or later, will change their national strategy and become more actively with Bitcoin purchases. In such a future, El Salvador will never be able to catch the US in their national Bitcoin reserve. You're comparing apples with oranges. Besides, AFAIK seized items must be auctioned by US law and there are some discussion to make Bitcoin reserve on US government.
In addition, the US government can change themselves and not only turn seized bitcoins to US Bitcoin reserve but also can purchase bitcoins from their national treasury money too. It is a possibility in the future and with very bigger economic size, the US can accumulate bitcoins much faster than the El Salvador, and if this possibility becomes true in the future, El Salvador will fall behind the US very quickly even they began earlier. |
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There will be those people who might be close to you who's going to show fake happiness during the bull cycle but are actually envious, and those people will also show fake support during bear cycles but are actually happy.
It's better not to let anyone know you HODL Bitcoin.
You can be actually rich or just in debt while you try to wear a skin of rich, but I agree with you that if you show the other people that you are rich, you will be in danger. It is generally applicable and not restrictedly applied for Bitcoin investors and holders. For safety and security sake, just live a humble life, try to avoid attractive appearances and unnecessary noise to reduce dangerous threats that are always looking for the rich to do their "jobs". It can be a murder, physical attacks, a kidnap, whatever but none of them gives you safety. Physical Bitcoin attacks history. There are some attacks there but maybe there are more cases that were not included or reported on media. |
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If there is Bull run and bear season then there will be also bull trap and bear trap , and it is also a part of market cycle.
It's not if as all markets have bull market and bear market because no market like its index, no asset with its price can rise forever or fall forever. It's absolutely true with things that exist a long time in the market and I exclude scam altcoins that were created and just fell to the hell. Even so, if they are not to bad in making hype and scam people, they will still have some scam pumps before going to the hell. And if we don't want to be affected by this bear trap and bull trap then we have to analyse the market on a long frame
You can not beat market makers as they are experienced enough, have more data than the crowd, and have power to lead the market to a direction they want. Mostly they lead the market oppositely than what the crowd think of, so that they can succeed with their games of pump and dump. To succeed in the market, you must invest, not trade, and invest in long term with your money, not any money loan. Never use leverages in either margin trading or futures trading because market makers and exchanges will set up games to liquidate your positions together with other gamblers in this market. |
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In the early stages, Bitcoin was banned and restricted in many countries around the world. But now, most have changed their attitude and legalized it, and there are less than 10 countries in the world that have completely banned bitcoin, such as Egypt, Bangladesh, Nepal, Morocco, Tunisia, Iraq, Qatar, Afghanistan and finally China. Unfortunately for you, Bitcoin is still banned in China and they even expanded and imposed a more draconian cryptocurrency ban in June of this year. There is no indication that they intend to relax the ban or revoke it in the near future. Bitcoin will still be fine and continue to grow stronger regardless of China or not, and whether it is accepted as legal tender or not.  https://www.ainvest.com/news/china-bans-cryptocurrency-activities-effective-june-1-2025-2506/China did it many times, for example four years ago with Bitcoin mining crackdown.More events that are considered as FUDs too in the following timeline will help people less fearful about effects from China. In long term, does Bitcoin care about it? The price chart shows that Bitcoin has continued its growth without effects from China in the long term. China’s Long History of Bitcoin FUD: Timeline. |
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There are also hardware wallets that can work in air-gapped mode, but they also have the possibility of connecting via bluetooth or via a cable, so you have to be careful about such things.
Another important thing, I think that every seed that stores private keys of significant value should be additionally protected with a passphrase, which of course must be kept separately from the seed.
That's true and there is a great website for learning about Bitcoin security. It's Learnmeabitcoin.com. For this point on Bitcoin security, it has https://learnmeabitcoin.com/beginners/security/If it is more specific about passphrase, it has https://learnmeabitcoin.com/beginners/security/#passphraseWith an extra passphrase, Bitcoin users will have another layer of security but wallet mnemonic seed and a passphrase are both important. By adding a passphrase, it will create a different wallet without a passphrase but with a same wallet mnemonic seed. So to recover your wallet, you will need both and your warning is vital with Bitcoin users. |
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I think you mean "digital gold" not "digital currency" because currency by definition means medium of exchange and not store of value.
It's your sharp argumental point as people usually are confusing with different terms while it's not necessary to identify like Bitcoin is a digital gold, a digital currency, a digital store of value, and anything else. When people are discussing and wanting to identify Bitcoin as only one of such thing, they are already aware that Bitcoin can be used for all of those use cases. It's kind of funny to reveal this fact about people's most common confusion and also unnecessary fight for Bitcoin utility definitions. |
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The CBDC you are talking about are thing of 20/21, they are fading out due to lack of adoption.
Wrong. The EU is set to introduce its CBDC this year. This threat is never going away until bureaucracy and centralized systems are completely destroyed. It's their timeline that can be missed and delayed many times but at least there is a time point for speculation and expectation too. There are some websites for CBDC trackers. https://cbdctracker.org/https://www.atlanticcouncil.org/cbdctracker/Click on their website filters, and type or choose Euro Area, you will see that it's in Pilot Phase. |
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