totoo ito, kaya siguro na block ang coins.ph account ko dahil nag send ako galing sa isang unlicense exchange.

A healthy competition is what a competitive economy needs. Everything is working for a better and progressive future, and that’s where you can find that all the individuals living on it are responsible on their tasks and they share commons goals to achieve, that’s why it’s not surprising why success could be easily achieve because everyone is working hand in hand.

As long as there is healthy competition, there will also be a positive outcome. Let there be constant competition, because that only means that people just want the best for theirselves and the people that goes to visit their country.

I would not lie, using bitcoin as a currency is not my priority for now. I’m still in the process of accumulating bitcoin so there’s no reason for me to spend my bitcoin and use it as an alternative to fiat. But I also have certain plans to spend bitcoin in the future, but not for now seeing bitcoin’s price continue to surge high from time to time.

I know majority is also seeing this way. While bitcoin is of high value, then the best thing to do is to grab the chance and maximize using it as an investment.

While majority use their discretionary income for temporary fun and entertainment, it’s best if we will prioritize having long-term approach, that is using those income in a long-term investment or asset that will surely give us profitable returns in the long run.

Bitcoin is for long-term investment. The longer you hold bitcoin, the bigger the profits you will gain in the future. But due to its high volatility and uncertainty, we encourage people to invest with bitcoin using our discretionary income.

Those who are rich will definitely be buying more while those who are poor can only buy small amount, equal opportunities to buy but the amount of their purchases will greatly differ due to their different status in life. So bitcoin won’t definitely solve the inequality when it comes to buying power.

However, it’s not on the amount that matters when buying bitcoin, but it’s on how far these buyers can hold their coins without getting tempted to sell at some point.

There’s really no strategy to win in roulette since it’s a luck based game, the name itself suggest that only when we are lucky we win. In the comparison between live dealer and RNG (system generated), i think there’s a reason why live dealer exist -- its simply more entertaining and realistic.

Pretty sure most bettors would go for live dealers, especially if they are betting with a decent amount.

This is to get privacy, because if your Electrum wallet is already tagged, you can be monitored that you’re sending to a casino. Thats for whatever reason you have, just to preserve privacy. Thats why some people use a mixer to achieve that.

But there’s always a risk since mixers could be associated with illegal activities. Like one mixer i know, the founder even explained to the authority that they dont really have control on the mixer, anyone can make transactions there, and yet they still got held liable for money laundering.

Thats what i dont really get, why would they even ask for bank info if a gambler wins big? like whats the connection? are they trying to check where the money comes from, or just using bank statement as extra doc to be sure the person who submitted the kyc is the same guy?

honestly it doesn't make much sense to me. can someone explain this?

If in the end the government will come to accept bitcoin as a legal tender, then everything about these issues will be cut off. This just proves that the government still holds the biggest luck for bitcoin, if the government won’t be open-minded about bitcoin being a legal tender, then we will never experience using bitcoin next to fiat.

But for now, this isn’t a problem for us because we are more focused on having bitcoin as an investment. But maybe in the future when bitcoin seems to lose its value slowly, maybe by that time we should use more as a currency than as an investment.

Let’s be realistic, inflation is really hitting us hard. With all the high expenses around, saving cost is hard to achieve right now. But if you are wise enough, you will never suffer and make it too hard on your part.

My advice is, grow your source of income. Invest if you can, don’t just focus on spending all your money even on things that you think aren’t that important. Spend your money and invest, and surely in the future once you will reap the fruit of your labor, you’ll get never bothered too much about the high cost of living since you have a sustainable flow of income that will carry your daily expenses. By that time, you can already save your salary from your main job.

If that’s possible, then I’d like to know how to check it. considering it’s coming from mixers, their platforms could also be used for illegal transactions, so there’s a risk that the address might be associated with bad ones. I’m curious how we can know - are there websites or apps we can use to check?

I’m just wondering - some of us like to boost our privacy, and one way is by using mixers (CoinJoin, Tornado, etc.) or other tools that hide transaction trails. On the surface, that looks fine, since we’re only trying to make our transactions more private.

But here’s the problem: casinos are regulated. Regulators often flag mixer-related addresses as “high risk” or even “suspicious.” So if you withdraw your winnings to a mixer, it could backfire with the following problem.

1- Casino freezes your funds.
2- Withdrawals get delayed.
3- Or worse, your winnings get withheld in the name of “compliance.”

So the question is,  does using a mixer put us at risk when dealing with casinos? Are we better off keeping privacy tools away from gambling wallets, or should we expect casinos to respect privacy since this is crypto in the first place?

I’d like to hear from those who have actual experience,  have you ever had a withdrawal blocked or delayed just because you routed it through a mixer? Or do casinos not care as long as your account is verified?

Exactly, because in reality we are all vulnerable. But once a gambler enters into gambling, he shouldn’t expect to be babysat about the risks. When you gamble, you’re expected to be fully mature, able to decide what’s right or wrong.

Since there’s no verdict yet and it’s still under lawsuit, my personal opinion is that the casino will still win.

I’ve noticed some scam accusation posts against certain casinos, and there seems to be a trend here.

Some casinos advertise themselves as KYC-free, but the moment you win big, that’s when they suddenly put all the requirements on you. And it’s not just basic KYC, they ask for heavy documents like passports, and some even request bank account details.

So I’m wondering, is this really a legal safeguard, or are they just using it as their own policy to forfeit players’ winnings?
This is actually a serious concern. Most of us might not have reached that level yet, but what if one day we do hit it big and end up facing the same situation?

The more bitcoin a person earns, the bigger the amount they will convert to fiat. That’s because people invest in bitcoin, or accept bitcoin as a compensation so that they can make maximum conversion once it’s converted to fiat. Where there is bitcoin, that’s where higher amount of fiat is. And once all that fiat is used up, the country’s economy will also benefit.

In reality, bitcoin is a big asset to a positive economy. It’s just that the government finds it hard to admit it as they want to keep boosting their own fiat.

Good thing you’re now in the right track, thanks to bitcointalk. And with your positivity about bitcoin, I’m sure it won’t be long, you will definitely regain those bitcoin you’ve lost while you’re still in the beginning process.

Always know that there’s no late when it comes to bitcoin investment and accumulation. You could buy when bitcoin at its dips, or when at its peak, that’s up to you, and that’s called DCA. The most important thing is, you now know the biggest advantage about bitcoin, and you won’t let any mishaps again to miss another opportunity to start accumulating bitcoin all over again.

Exactly. There is no good economy with a bad governance. So the biggest role is within the government itself, if they won’t give maximum opportunities for investors and entrepreneurs to help the nation’s economic growth and progress, then there won’t be positive feedbacks and that may lead to our economy’s failure.

Countries like France, Germany, Italy and Japan are good examples of the world’s largest developed economies, simply because they have a good government that continue to offer unlimited opportunities to the different sectors  that will contribute to their country’s economic development and progress.

Bitcoin existence will always be there, but since its selling and buying transactions will be stopped for a while, then expect that bitcoin promotion will be slow in progress. Even in other aspects that rely on internet, survival is there but there will be slow progress once internet connection will be compromised.

However, things like this will be very unlikely to happen not just for bitcoin, but even in other aspects that are solely operated by the internet. The government itself will surely find it hard to operate if the internet will be lost and compromised.

If it’s just the names, then it’s not really a problem. But if other personal information or documents are included, that’s where the real issue lies. The agency’s lack of proper cybersecurity is to blame here. They have the budget to secure their systems, but most likely that money was corrupted.

Still, this isn’t even that big of a news story right now, since the country’s attention is focused on the massive corruption tied to flood control projects.

Whether in bitcoin or in fiat, budget management is a must. If you want to maximize with your bitcoin investment, stick with your current budget. Until such time that you’ll be reaping some profits and start increasing your budget as well.

If you have an increased amount of budget, then there’s no reason not to diversify. Diversify as much as you can as long as you know you are spending your budget on your allocated purpose. Bitcoin accumulation and its diversification will be easier and faster if you are doing a good budget management plan.